GTY (Getty Realty) Cyclically Adjusted PB Ratio: 1.85 (As of Jul. 31, 2026) — 10% Below Median

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GTY Getty Realty Corp GTY
85 GF Score
Price $34.24
GF Value $30.79
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Getty Realty Cyclically Adjusted PB Ratio?

Getty Realty GTY -1.69% 85 Cyclically Adjusted PB Ratio is 1.85 as of Jul. 31, 2026, which is 10% below its 10-year median of 2.06. GuruFocus rates GTY with a GF Score™ of 85/100 and a GF Value™ of $30.79 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 554 REITs companies, Getty Realty ranks worse than 86.1% on this metric.

As of today (2026-07-31), Getty Realty's current share price is $34.24. Getty Realty's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $18.47. Getty Realty's Cyclically Adjusted PB Ratio for today is 1.85.

The historical rank and industry rank for Getty Realty's Cyclically Adjusted PB Ratio or its related term are showing as below:

GTY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.38   Med: 2.06   Max: 2.7
Current: 1.85

During the past years, Getty Realty's highest Cyclically Adjusted PB Ratio was 2.70. The lowest was 1.38. And the median was 2.06.

GTY's Cyclically Adjusted PB Ratio is ranked worse than
86.1% of 554 companies
in the REITs industry
Industry Median: 0.81 vs GTY: 1.85

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Getty Realty's adjusted book value per share data for the three months ended in Jun. 2026 was $18.125. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is $18.47 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Getty Realty  (NYSE:GTY) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Getty Realty Cyclically Adjusted PB Ratio Related Terms


Getty Realty Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Getty Realty's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Getty Realty Cyclically Adjusted PB Ratio Chart

Getty Realty Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.16 2.12 1.75 1.74 1.53

Getty Realty Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.56 1.50 1.53 1.74 1.81

GTY vs NTST, CBL, ALX: Cyclically Adjusted PB Ratio Comparison

For the REIT - Retail subindustry, Getty Realty's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Getty Realty Cyclically Adjusted PB Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Getty Realty's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Getty Realty's Cyclically Adjusted PB Ratio falls into.


GTY
85GF Score
Getty Realty Corp GTY
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Getty Realty Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Getty Realty's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=34.24/18.47
=1.85

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Getty Realty's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Getty Realty's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=18.125/333.9520*333.9520
=18.125

Current CPI (Jun. 2026) = 333.9520.

Getty Realty Quarterly Data

Book Value per Share CPI Adj_Book
201609 12.395 241.428 17.145
201612 12.529 241.432 17.330
201703 12.561 243.801 17.206
201706 12.747 244.955 17.378
201709 13.869 246.819 18.765
201712 13.948 246.524 18.895
201803 13.889 249.554 18.586
201806 14.075 251.989 18.653
201809 14.121 252.439 18.681
201812 14.225 251.233 18.909
201903 14.144 254.202 18.581
201906 14.219 256.143 18.538
201909 14.201 256.759 18.470
201912 14.249 256.974 18.517
202003 14.169 258.115 18.332
202006 14.224 257.797 18.426
202009 14.462 260.280 18.555
202012 15.126 260.474 19.393
202103 15.339 264.877 19.339
202106 15.340 271.696 18.855
202109 15.488 274.310 18.855
202112 15.950 278.802 19.105
202203 15.938 287.504 18.513
202206 16.200 296.311 18.258
202209 16.090 296.808 18.104
202212 16.259 296.797 18.294
202303 16.895 301.836 18.693
202306 17.031 305.109 18.641
202309 17.569 307.789 19.062
202312 17.711 306.746 19.282
202403 17.606 312.332 18.825
202406 17.552 314.175 18.657
202409 17.511 315.301 18.547
202412 17.484 315.605 18.500
202503 17.336 319.799 18.103
202506 17.360 322.561 17.973
202509 17.532 324.800 18.026
202512 17.924 324.054 18.471
202603 18.017 330.213 18.221
202606 18.125 333.952 18.125

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

What does a Cyclically Adjusted PB Ratio of 1.85 mean?
Getty Realty (GTY) has a Cyclically Adjusted PB Ratio of 1.85 as of Jul. 31, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Getty Realty and its competitors. This is 10% below median its historical median of 2.06. Over the past decade, Getty Realty's Cyclically Adjusted PB Ratio has ranged from 1.38 to 2.70. According to the industry distribution chart, Getty Realty ranks #477 out of 554 companies in the REITs industry, placing it in the top 86.1%.
Is Getty Realty's Cyclically Adjusted PB Ratio too high?
Getty Realty's current Cyclically Adjusted PB Ratio of 1.85 is 10% below median its 10-year median of 2.06. Over the past 10 years, this metric has ranged from a low of 1.38 to a high of 2.70. The REITs industry median Cyclically Adjusted PB Ratio is 0.81. Getty Realty's value of 1.85 is 128.4% above this industry median. Based on the distribution chart, Getty Realty ranks #477 out of 554 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Getty Realty has a GF Score™ of 85/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Getty Realty's Cyclically Adjusted PB Ratio compare to NTST and CBL?
According to the REITs industry distribution chart, Getty Realty ranks #477 out of 554 companies for Cyclically Adjusted PB Ratio. This places Getty Realty in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.81. Getty Realty's value of 1.85 is 128.4% above this benchmark. Historically, Getty Realty's own Cyclically Adjusted PB Ratio has ranged from 1.38 to 2.70 over the past decade. While the company's 10-year median is 2.06 vs. the industry median of 0.81, Getty Realty has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a REITs company?
The median Cyclically Adjusted PB Ratio among REITs companies is 0.81, based on 554 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Getty Realty's current Cyclically Adjusted PB Ratio of 1.85 is 128.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Getty Realty and its competitors. For the REITs industry, the median Cyclically Adjusted PB Ratio is 0.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Getty Realty's current Cyclically Adjusted PB Ratio is 1.85, which is 10% below median its own 10-year median of 2.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Getty Realty stock overvalued right now?
Based on GuruFocus' analysis, Getty Realty (GTY) is currently considered Modestly Overvalued. The stock's GF Value™ is $30.79, compared to a current price of $34.24 — trading 11.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.85, which is 10% below median its 10-year median of 2.06 and 128.4% above the REITs industry median of 0.81. Getty Realty's overall GF Score™ is 85/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Getty Realty (GTY), the current Cyclically Adjusted PB Ratio is 1.85 as of Jul. 31, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Getty Realty (GTY) Overvalued in 2026?

Based on GuruFocus' analysis, Getty Realty stock appears to be overvalued. The current stock price of $34.24 is trading 11.2% above its estimated GF Value™ of $30.79. GuruFocus considers Getty Realty to be Modestly Overvalued.

Key valuation signals for GTY:

  • Cyclically Adjusted PB Ratio: 1.85 (10% below median its 10-year median of 2.06)
  • GF Value™: $30.79 vs. price of $34.24 (11.2% above fair value)
  • GF Score™: 85/100 with 7 warning signs
  • Industry Position: 128.4% above the REITs median (#477 of 554)

No single metric tells the full story. See the GTY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Getty Realty Business Description

Industry Real EstateREITs
Other Exchanges GRL:Germany
Address 292 Madison Avenue, 9th Floor, New York, NY, USA, 10017-6318
Getty Realty Corp is a net lease real estate investment trust in the U.S.A, specializing in the acquisition, financing, and development of convenience, automotive, and other single-tenant retail real estate. The company's portfolio includes convenience stores, express tunnel car washes, automotive service centers (gasoline and repair, oil and maintenance, tire and battery, and collision), drive-thru quick service restaurants, and certain other freestanding retail properties. It generates maximum revenue in the form of rental income.
85GF Score

Get the complete analysis for GTY

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$34.24
Price
$30.79
GF Value