Kiwi Property GroupKWIPF 41 Cyclically Adjusted PB Ratio is 0.66 as of Jul. 11, 2026, which is 10% above its 10-year median of 0.60. GuruFocus rates KWIPF with a GF Score™ of 41/100 and a GF Value™ of $0.52 (Modestly Overvalued). The stock has 10 warning signs investors should review. Among 561 REITs companies, Kiwi Property Group ranks better than 64.35% on this metric.
The historical rank and industry rank for Kiwi Property Group's Cyclically Adjusted PB Ratio or its related term are showing as below:
KWIPF'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.51 Med: 0.6 Max: 0.72
Current: 0.61
During the past 12 years, Kiwi Property Group's highest Cyclically Adjusted PB Ratio was 0.72. The lowest was 0.51. And the median was 0.60.
KWIPF's Cyclically Adjusted PB Ratio is ranked better than 64.35% of 561
companies
in the REITs industry
Industry Median: 0.82
vs KWIPF: 0.61
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.
Kiwi Property Group's adjusted book value per share data of for the fiscal year that ended in Mar26 was $0.653. 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 $0.87 for the trailing ten years ended in Mar26.
Shiller PE for Stocks: The True Measure of Stock Valuation
Kiwi Property Group (OTCPK:KWIPF) 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.
Kiwi Property Group Cyclically Adjusted PB Ratio Related Terms
Kiwi Property Group Cyclically Adjusted PB Ratio Historical Data
* Premium members only.
The historical data trend for Kiwi Property Group'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.
Kiwi Property Group Cyclically Adjusted PB Ratio Chart
KWIPF vs VICI, WPC, BNL: Cyclically Adjusted PB Ratio Comparison
For the REIT - Diversified subindustry, Kiwi Property Group'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.
Kiwi Property Group Cyclically Adjusted PB Ratio vs REITs Industry
For the REITs industry and Real Estate sector, Kiwi Property Group's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Kiwi Property Group's Cyclically Adjusted PB Ratio falls into.
Kiwi Property Group 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.
Kiwi Property Group'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 0.66 mean?
Kiwi Property Group (KWIPF) has a Cyclically Adjusted PB Ratio of 0.66 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 Kiwi Property Group and its competitors. This is 10% above median its historical median of 0.60. Over the past decade, Kiwi Property Group's Cyclically Adjusted PB Ratio has ranged from 0.51 to 0.72. According to the industry distribution chart, Kiwi Property Group ranks #200 out of 561 companies in the REITs industry, placing it in the top 35.7%.
Is Kiwi Property Group's Cyclically Adjusted PB Ratio too high?
Kiwi Property Group's current Cyclically Adjusted PB Ratio of 0.66 is 10% above median its 10-year median of 0.60. Over the past 10 years, this metric has ranged from a low of 0.51 to a high of 0.72. The REITs industry median Cyclically Adjusted PB Ratio is 0.82. Kiwi Property Group's value of 0.66 is 19.5% below this industry median. Based on the distribution chart, Kiwi Property Group ranks #200 out of 561 companies in the REITs industry, which is above the industry midpoint. Overall, Kiwi Property Group has a GF Score™ of 41/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kiwi Property Group's Cyclically Adjusted PB Ratio compare to VICI and WPC?
According to the REITs industry distribution chart, Kiwi Property Group ranks #200 out of 561 companies for Cyclically Adjusted PB Ratio. This puts Kiwi Property Group in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.82. Kiwi Property Group's value of 0.66 is 19.5% below this benchmark. Historically, Kiwi Property Group's own Cyclically Adjusted PB Ratio has ranged from 0.51 to 0.72 over the past decade. While the company's 10-year median is 0.60 vs. the industry median of 0.82, Kiwi Property Group 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. Kiwi Property Group's current Cyclically Adjusted PB Ratio of 0.66 is 19.5% 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 Kiwi Property Group 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. Kiwi Property Group's current Cyclically Adjusted PB Ratio is 0.66, which is 10% above median its own 10-year median of 0.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kiwi Property Group stock overvalued right now?
Based on GuruFocus' analysis, Kiwi Property Group (KWIPF) is currently considered Modestly Overvalued. The stock's GF Value™ is $0.52, compared to a current price of $0.57 — trading 9.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.66, which is 10% above median its 10-year median of 0.60 and 19.5% below the REITs industry median of 0.82. Kiwi Property Group's overall GF Score™ is 41/100 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 Kiwi Property Group (KWIPF), the current Cyclically Adjusted PB Ratio is 0.66 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 Kiwi Property Group (KWIPF) Overvalued in 2026?
Based on GuruFocus' analysis, Kiwi Property Group stock appears to be overvalued.
The current stock price of $0.57 is trading 9.6% above its estimated GF Value™ of $0.52.
GuruFocus considers Kiwi Property Group to be Modestly Overvalued.
Key valuation signals for KWIPF:
Cyclically Adjusted PB Ratio: 0.66 (10% above median its 10-year median of 0.60)
GF Value™: $0.52 vs. price of $0.57 (9.6% above fair value)
Industry Position: 19.5% below the REITs median (#200 of 561)
No single metric tells the full story. See the KWIPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kiwi Property Group Ltd is a New Zealand-based company involved in the real estate business. It owns and manages a high-quality real estate portfolio, including some of the country's key commercial properties. Its portfolio comprises office properties, retail-led mixed-use assets, and large landholdings, strategically positioned in areas marked for densification, close to transport nodes. The Group's reportable segments are: Retail-led mixed-use, Office, Development land, and Other. The majority of its revenue is derived from the Retail-led mixed-use assets, which comprise large-scale properties anchored by retail tenancies, which may have complementary uses such as office, residential, or other non-retail components that support the asset's overall performance.
41GF Score
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Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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