IIPZF (InterRent Real Estate Investment Trust) Cyclically Adjusted PB Ratio: 0.80 (As of Jul. 11, 2026) — 43% Below Median


IIPZF InterRent Real Estate Investment Trust IIPZF
66 GF Score
Price $9.51
GF Value $9.86
Valuation Fairly Valued
! 10 Warning Signs
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What is InterRent Real Estate Investment Trust Cyclically Adjusted PB Ratio?

InterRent Real Estate Investment Trust IIPZF 66 Cyclically Adjusted PB Ratio is 0.80 as of Jul. 11, 2026, which is 43% below its 10-year median of 1.41. GuruFocus rates IIPZF with a GF Score™ of 66/100 and a GF Value™ of $9.86 (Fairly Valued). The stock has 10 warning signs investors should review. Among 561 REITs companies, InterRent Real Estate Investment Trust ranks worse than 50.98% on this metric.

As of today (2026-07-11), InterRent Real Estate Investment Trust's current share price is $9.51. InterRent Real Estate Investment Trust's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $11.86. InterRent Real Estate Investment Trust's Cyclically Adjusted PB Ratio for today is 0.80.

The historical rank and industry rank for InterRent Real Estate Investment Trust's Cyclically Adjusted PB Ratio or its related term are showing as below:

IIPZF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.67   Med: 1.41   Max: 2.48
Current: 0.84

During the past years, InterRent Real Estate Investment Trust's highest Cyclically Adjusted PB Ratio was 2.48. The lowest was 0.67. And the median was 1.41.

IIPZF's Cyclically Adjusted PB Ratio is ranked worse than
50.98% of 561 companies
in the REITs industry
Industry Median: 0.82 vs IIPZF: 0.84

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.

InterRent Real Estate Investment Trust's adjusted book value per share data for the three months ended in Mar. 2026 was $11.768. 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 $11.86 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


InterRent Real Estate Investment Trust  (OTCPK:IIPZF) 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.


InterRent Real Estate Investment Trust Cyclically Adjusted PB Ratio Related Terms


InterRent Real Estate Investment Trust Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for InterRent Real Estate Investment Trust'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.

InterRent Real Estate Investment Trust Cyclically Adjusted PB Ratio Chart

InterRent Real Estate Investment Trust 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 1.68 1.06 0.98 0.70 0.84

InterRent Real Estate Investment Trust 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 0.75 0.89 0.86 0.84 0.83

IIPZF vs AVB, EQR, ESS: Cyclically Adjusted PB Ratio Comparison

For the REIT - Residential subindustry, InterRent Real Estate Investment Trust'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.


InterRent Real Estate Investment Trust Cyclically Adjusted PB Ratio vs REITs Industry

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

* The bar in red indicates where InterRent Real Estate Investment Trust's Cyclically Adjusted PB Ratio falls into.


IIPZF
66GF Score
InterRent Real Estate Investment Trust IIPZF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

InterRent Real Estate Investment Trust 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.

InterRent Real Estate Investment Trust's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=9.51/11.86
=0.80

* 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.

InterRent Real Estate Investment Trust's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, InterRent Real Estate Investment Trust'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)
=11.768/132.2623*132.2623
=11.768

Current CPI (Mar. 2026) = 132.2623.

InterRent Real Estate Investment Trust Quarterly Data

Book Value per Share CPI Adj_Book
201606 5.544 102.002 7.189
201609 5.536 101.765 7.195
201612 5.578 101.449 7.272
201703 5.581 102.634 7.192
201706 5.929 103.029 7.611
201709 7.449 103.345 9.533
201712 7.506 103.345 9.606
201803 7.244 105.004 9.124
201806 7.544 105.557 9.453
201809 8.161 105.636 10.218
201812 8.162 105.399 10.242
201903 8.248 106.979 10.197
201906 8.508 107.690 10.449
201909 9.109 107.611 11.196
201912 10.764 107.769 13.210
202003 10.324 107.927 12.652
202006 10.671 108.401 13.020
202009 11.047 108.164 13.508
202012 11.668 108.559 14.216
202103 12.423 110.298 14.897
202106 13.069 111.720 15.472
202109 13.133 112.905 15.385
202112 13.487 113.774 15.679
202203 14.097 117.646 15.848
202206 14.273 120.806 15.627
202209 13.811 120.648 15.141
202212 12.956 120.964 14.166
202303 13.214 122.702 14.244
202306 13.681 124.203 14.569
202309 13.065 125.230 13.799
202312 13.248 125.072 14.010
202403 13.187 126.258 13.814
202406 12.874 127.522 13.353
202409 12.584 127.285 13.076
202412 11.395 127.364 11.833
202503 11.424 129.181 11.697
202506 11.948 129.892 12.166
202509 11.751 130.287 11.929
202512 11.797 130.366 11.969
202603 11.768 132.262 11.768

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 0.80 mean?
InterRent Real Estate Investment Trust (IIPZF) has a Cyclically Adjusted PB Ratio of 0.80 as of Jul. 11, 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 InterRent Real Estate Investment Trust and its competitors. This is 43% below median its historical median of 1.41. Over the past decade, InterRent Real Estate Investment Trust's Cyclically Adjusted PB Ratio has ranged from 0.67 to 2.48. According to the industry distribution chart, InterRent Real Estate Investment Trust ranks #286 out of 561 companies in the REITs industry, placing it in the top 51%.
Is InterRent Real Estate Investment Trust's Cyclically Adjusted PB Ratio too high?
InterRent Real Estate Investment Trust's current Cyclically Adjusted PB Ratio of 0.80 is 43% below median its 10-year median of 1.41. Over the past 10 years, this metric has ranged from a low of 0.67 to a high of 2.48. The REITs industry median Cyclically Adjusted PB Ratio is 0.82. InterRent Real Estate Investment Trust's value of 0.80 is 2.4% below this industry median. Based on the distribution chart, InterRent Real Estate Investment Trust ranks #286 out of 561 companies in the REITs industry, which is below the industry midpoint. Overall, InterRent Real Estate Investment Trust has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does InterRent Real Estate Investment Trust's Cyclically Adjusted PB Ratio compare to AVB and EQR?
According to the REITs industry distribution chart, InterRent Real Estate Investment Trust ranks #286 out of 561 companies for Cyclically Adjusted PB Ratio. This places InterRent Real Estate Investment Trust in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.82. InterRent Real Estate Investment Trust's value of 0.80 is 2.4% below this benchmark. Historically, InterRent Real Estate Investment Trust's own Cyclically Adjusted PB Ratio has ranged from 0.67 to 2.48 over the past decade. While the company's 10-year median is 1.41 vs. the industry median of 0.82, InterRent Real Estate Investment Trust 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 REITs company?
The median Cyclically Adjusted PB Ratio among REITs companies is 0.82, based on 561 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. InterRent Real Estate Investment Trust's current Cyclically Adjusted PB Ratio of 0.80 is 2.4% 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 InterRent Real Estate Investment Trust and its competitors. For the REITs industry, the median Cyclically Adjusted PB Ratio is 0.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. InterRent Real Estate Investment Trust's current Cyclically Adjusted PB Ratio is 0.80, which is 43% below median its own 10-year median of 1.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is InterRent Real Estate Investment Trust stock overvalued right now?
Based on GuruFocus' analysis, InterRent Real Estate Investment Trust (IIPZF) is currently considered Fairly Valued. The stock's GF Value™ is $9.86, compared to a current price of $9.51 — trading 3.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.80, which is 43% below median its 10-year median of 1.41 and 2.4% below the REITs industry median of 0.82. InterRent Real Estate Investment Trust's overall GF Score™ is 66/100 with 10 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 InterRent Real Estate Investment Trust (IIPZF), the current Cyclically Adjusted PB Ratio is 0.80 as of Jul. 11, 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 InterRent Real Estate Investment Trust (IIPZF) Overvalued in 2026?

Based on GuruFocus' analysis, InterRent Real Estate Investment Trust stock appears to be undervalued. The current stock price of $9.51 is trading 3.5% below its estimated GF Value™ of $9.86. GuruFocus considers InterRent Real Estate Investment Trust to be Fairly Valued.

Key valuation signals for IIPZF:

  • Cyclically Adjusted PB Ratio: 0.80 (43% below median its 10-year median of 1.41)
  • GF Value™: $9.86 vs. price of $9.51 (3.5% below fair value)
  • GF Score™: 66/100 with 10 warning signs
  • Industry Position: 2.4% below the REITs median (#286 of 561)

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


InterRent Real Estate Investment Trust Business Description

Industry Real EstateREITs
Other Exchanges IIP.UN:Canada
Address 485 Bank Street, Suite 207, Ottawa, ON, CAN, K2P 1Z2
InterRent Real Estate Investment Trust is an open-ended real estate investment trust engaged in increasing Unitholder value and creating a growing and sustainable distribution through the acquisition and ownership of multi-residential properties. The company's operations are carried out throughout the region of Canada. It derives revenue from investment properties, which include rents from tenants under leases, parking, laundry and other ancillary services.
66GF Score

Get the complete analysis for IIPZF

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

$9.51
Price
$9.86
GF Value