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Globe Trade CentreJSE:GTC 52 Cyclically Adjusted PB Ratio is 0.22 as of Aug. 02, 2026, which is 61% below its 10-year median of 0.57. GuruFocus rates JSE:GTC with a GF Score™ of 52/100 and a GF Value™ of R60.75. The stock has 8 warning signs investors should review. Among 1,414 Real Estate companies, Globe Trade Centre ranks better than 82.25% on this metric.
The historical rank and industry rank for Globe Trade Centre's Cyclically Adjusted PB Ratio or its related term are showing as below:
JSE:GTC'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.19 Med: 0.57 Max: 0.84
Current: 0.2
During the past years, Globe Trade Centre's highest Cyclically Adjusted PB Ratio was 0.84. The lowest was 0.19. And the median was 0.57.
JSE:GTC's Cyclically Adjusted PB Ratio is ranked better than 82.25% of 1414
companies
in the Real Estate industry
Industry Median: 0.69
vs JSE:GTC: 0.20
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.
Globe Trade Centre's adjusted book value per share data for the three months ended in Mar. 2026 was R33.025. 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 R121.62 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Globe Trade Centre (JSE:GTC) 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.
Globe Trade Centre Cyclically Adjusted PB Ratio Related Terms
Globe Trade Centre Cyclically Adjusted PB Ratio Historical Data
* Premium members only.
The historical data trend for Globe Trade Centre'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.
Globe Trade Centre Cyclically Adjusted PB Ratio Chart
JSE:GTC vs CBRE, BEKE, JLL: Cyclically Adjusted PB Ratio Comparison
For the Real Estate Services subindustry, Globe Trade Centre'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.
Globe Trade Centre Cyclically Adjusted PB Ratio vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Globe Trade Centre's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Globe Trade Centre's Cyclically Adjusted PB Ratio falls into.
Globe Trade Centre 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.
Globe Trade Centre's Cyclically Adjusted PB Ratio for today is calculated as
* 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.
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 0.22 mean?
Globe Trade Centre (JSE:GTC) has a Cyclically Adjusted PB Ratio of 0.22 as of Aug. 02, 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 Globe Trade Centre and its competitors. This is 61% below median its historical median of 0.57. Over the past decade, Globe Trade Centre's Cyclically Adjusted PB Ratio has ranged from 0.19 to 0.84. According to the industry distribution chart, Globe Trade Centre ranks #251 out of 1414 companies in the Real Estate industry, placing it in the top 17.8%.
Is Globe Trade Centre's Cyclically Adjusted PB Ratio too high?
Globe Trade Centre's current Cyclically Adjusted PB Ratio of 0.22 is 61% below median its 10-year median of 0.57. Over the past 10 years, this metric has ranged from a low of 0.19 to a high of 0.84. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.69. Globe Trade Centre's value of 0.22 is 68.1% below this industry median. Based on the distribution chart, Globe Trade Centre ranks #251 out of 1414 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Globe Trade Centre has a GF Score™ of 52/100, reflecting its overall financial health beyond just this single metric.
How does Globe Trade Centre's Cyclically Adjusted PB Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Globe Trade Centre ranks #251 out of 1414 companies for Cyclically Adjusted PB Ratio. This places Globe Trade Centre in the top 18% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 0.69. Globe Trade Centre's value of 0.22 is 68.1% below this benchmark. Historically, Globe Trade Centre's own Cyclically Adjusted PB Ratio has ranged from 0.19 to 0.84 over the past decade. While the company's 10-year median is 0.57 vs. the industry median of 0.69, Globe Trade Centre 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 1,414 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. Globe Trade Centre's current Cyclically Adjusted PB Ratio of 0.22 is 68.1% 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 Globe Trade Centre 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. Globe Trade Centre's current Cyclically Adjusted PB Ratio is 0.22, which is 61% below median its own 10-year median of 0.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Globe Trade Centre stock overvalued right now?
Globe Trade Centre (JSE:GTC) has a current Cyclically Adjusted PB Ratio of 0.22. The stock's GF Value™ is R60.75, compared to a current price of R26.92 — trading 55.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.22, which is 61% below median its 10-year median of 0.57 and 68.1% below the Real Estate industry median of 0.69. Globe Trade Centre's overall GF Score™ is 52/100 with 8 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 Globe Trade Centre (JSE:GTC), the current Cyclically Adjusted PB Ratio is 0.22 as of Aug. 02, 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 Globe Trade Centre (JSE:GTC) Overvalued in 2026?
Based on GuruFocus' analysis, Globe Trade Centre stock appears to be undervalued.
The current stock price of R26.92 is trading 55.7% below its estimated GF Value™ of R60.75.
Key valuation signals for JSE:GTC:
Cyclically Adjusted PB Ratio: 0.22 (61% below median its 10-year median of 0.57)
GF Value™: R60.75 vs. price of R26.92 (55.7% below fair value)
Industry Position: 68.1% below the Real Estate median (#251 of 1414)
No single metric tells the full story. See the JSE:GTC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Globe Trade Centre SA is a real estate investor and developer that focuses its business in Poland and several capital cities in Eastern Europe. The group operates in Poland, Hungary, Germany, Bucharest, Belgrade, Sofia, Zagreb, and others. The group manages a real estate portfolio that includes commercial buildings in the form of offices and retail space. The commercial property portfolio is actively managed by the group. In terms of geographic location, the company generates key revenue from Poland, and the remaining is made up of other geographic areas.
52GF Score
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