GZTGF (G City) Cyclically Adjusted PB Ratio: 0.16 (As of Aug. 17, 2026) — 43% Below Median

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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

GZTGF G City Ltd GZTGF
60 GF Score
Price $1.50
GF Value $2.18
Valuation Possible Value Trap
! 4 Warning Signs
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What is G City Cyclically Adjusted PB Ratio?

G City GZTGF 60 Cyclically Adjusted PB Ratio is 0.16 as of Aug. 17, 2026, which is 43% below its 10-year median of 0.28. GuruFocus rates GZTGF with a GF Score™ of 60/100 and a GF Value™ of $2.18 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,400 Real Estate companies, G City ranks better than 79.71% on this metric.

As of today (2026-08-17), G City's current share price is $1.50. G City's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $9.60. G City's Cyclically Adjusted PB Ratio for today is 0.16.

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

GZTGF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.17   Med: 0.28   Max: 0.9
Current: 0.23

During the past years, G City's highest Cyclically Adjusted PB Ratio was 0.90. The lowest was 0.17. And the median was 0.28.

GZTGF's Cyclically Adjusted PB Ratio is ranked better than
79.71% of 1400 companies
in the Real Estate industry
Industry Median: 0.69 vs GZTGF: 0.23

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.

G City's adjusted book value per share data for the three months ended in Mar. 2026 was $8.634. 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 $9.60 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


G City  (OTCPK:GZTGF) 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.


G City Cyclically Adjusted PB Ratio Related Terms


G City Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for G City'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.

G City Cyclically Adjusted PB Ratio Chart

G City 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 0.48 0.21 0.24 0.28 0.18

G City Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.24 0.28 0.26 0.18 0.27

G City Cyclically Adjusted PB Ratio Competitor Comparison

For the Real Estate - Diversified subindustry, G City'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.


G City Cyclically Adjusted PB Ratio vs Real Estate Industry

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

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


GZTGF
60GF Score
G City Ltd GZTGF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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G City 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.

G City's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.50/9.60
=0.16

* 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.

G City's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, G City's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=8.634/330.2130*330.2130
=8.634

Current CPI (Mar. 2026) = 330.2130.

G City Quarterly Data

Book Value per Share CPI Adj_Book
201606 13.634 241.018 18.680
201609 0.000 241.428 0.000
201612 14.133 241.432 19.330
201703 15.737 243.801 21.315
201706 15.658 244.955 21.108
201709 16.405 246.819 21.948
201712 17.397 246.524 23.303
201803 17.010 249.554 22.508
201806 16.315 251.989 21.380
201809 15.955 252.439 20.871
201812 16.425 251.233 21.589
201903 15.467 254.202 20.092
201906 15.338 256.143 19.773
201909 14.440 256.759 18.571
201912 15.043 256.974 19.330
202003 11.836 258.115 15.142
202006 12.229 257.797 15.664
202009 12.772 260.280 16.204
202012 12.450 260.474 15.783
202103 12.815 264.877 15.976
202106 13.057 271.696 15.869
202109 12.219 274.310 14.709
202112 11.847 278.802 14.032
202203 12.010 287.504 13.794
202206 12.245 296.311 13.646
202209 11.553 296.808 12.853
202212 10.199 296.797 11.347
202303 9.618 301.836 10.522
202306 10.239 305.109 11.081
202309 9.480 307.789 10.171
202312 8.803 306.746 9.476
202403 8.315 312.332 8.791
202406 9.038 314.175 9.499
202409 9.188 315.301 9.623
202412 7.108 315.605 7.437
202503 7.450 319.799 7.693
202506 7.174 322.561 7.344
202509 7.057 324.800 7.175
202512 7.135 324.054 7.271
202603 8.634 330.213 8.634

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 0.16 mean?
G City (GZTGF) has a Cyclically Adjusted PB Ratio of 0.16 as of Aug. 17, 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 G City and its competitors. This is 43% below median its historical median of 0.28. Over the past decade, G City's Cyclically Adjusted PB Ratio has ranged from 0.17 to 0.90. According to the industry distribution chart, G City ranks #284 out of 1400 companies in the Real Estate industry, placing it in the top 20.3%.
Is G City's Cyclically Adjusted PB Ratio too high?
G City's current Cyclically Adjusted PB Ratio of 0.16 is 43% below median its 10-year median of 0.28. Over the past 10 years, this metric has ranged from a low of 0.17 to a high of 0.90. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.69. G City's value of 0.16 is 76.8% below this industry median. Based on the distribution chart, G City ranks #284 out of 1400 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, G City has a GF Score™ of 60/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does G City's Cyclically Adjusted PB Ratio compare to competitors?
According to the Real Estate industry distribution chart, G City ranks #284 out of 1400 companies for Cyclically Adjusted PB Ratio. This places G City in the top 20% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 0.69. G City's value of 0.16 is 76.8% below this benchmark. Historically, G City's own Cyclically Adjusted PB Ratio has ranged from 0.17 to 0.90 over the past decade. While the company's 10-year median is 0.28 vs. the industry median of 0.69, G City has consistently been below 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 Real Estate company?
The median Cyclically Adjusted PB Ratio among Real Estate companies is 0.69, based on 1,400 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. G City's current Cyclically Adjusted PB Ratio of 0.16 is 76.8% below 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 G City and its competitors. For the Real Estate industry, the median Cyclically Adjusted PB Ratio is 0.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. G City's current Cyclically Adjusted PB Ratio is 0.16, which is 43% below median its own 10-year median of 0.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is G City stock overvalued right now?
Based on GuruFocus' analysis, G City (GZTGF) is currently considered Possible Value Trap. The stock's GF Value™ is $2.18, compared to a current price of $1.50 — trading 31.2% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.16, which is 43% below median its 10-year median of 0.28 and 76.8% below the Real Estate industry median of 0.69. G City's overall GF Score™ is 60/100 with 4 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 G City (GZTGF), the current Cyclically Adjusted PB Ratio is 0.16 as of Aug. 17, 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 G City (GZTGF) Overvalued in 2026?

Based on GuruFocus' analysis, G City stock appears to be undervalued. The current stock price of $1.50 is trading 31.2% below its estimated GF Value™ of $2.18. GuruFocus considers G City to be Possible Value Trap.

Key valuation signals for GZTGF:

  • Cyclically Adjusted PB Ratio: 0.16 (43% below median its 10-year median of 0.28)
  • GF Value™: $2.18 vs. price of $1.50 (31.2% below fair value)
  • GF Score™: 60/100 with 4 warning signs
  • Industry Position: 76.8% below the Real Estate median (#284 of 1400)

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


G City Business Description

Other Exchanges GCT:Israel
Address Nisim Aloni 10, Tel-Aviv, ISR, 62919
G City Ltd is a developer and operator of various types of properties in major urban markets around the globe. The company is involved in the purchase, improvement, development, and management of income-producing real estate, including retail, office, and residential properties. It operates through five reportable business units based on geographical region: Northern Europe, Central-Eastern Europe, Israel, Brazil, United States, and Other segments. Over half the company's sales are generated in Northern Europe.
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Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$1.50
Price
$2.18
GF Value