Cardiff Property (The) (LSE:CDFF) Cyclically Adjusted PB Ratio: (As of Sep. 21, 2026)

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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.

LSE:CDFF Cardiff Property (The) PLC LSE:CDFF
71 GF Score
Price £27.50
GF Value £27.29
Valuation Fairly Valued
! 6 Warning Signs
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What is Cardiff Property (The) Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Cardiff Property (The)  (LSE:CDFF) 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.


Cardiff Property (The) Cyclically Adjusted PB Ratio Related Terms


Cardiff Property (The) Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Cardiff Property (The)'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.

Cardiff Property (The) Cyclically Adjusted PB Ratio Chart

Cardiff Property (The) Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.91 1.08 0.93 0.83 0.88

Cardiff Property (The) Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 0.86 0.84 0.91 0.89 0.91

LSE:CDFF vs CBRE, BEKE, JLL: Cyclically Adjusted PB Ratio Comparison

For the Real Estate Services subindustry, Cardiff Property (The)'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.


Cardiff Property (The) Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Cardiff Property (The)'s Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Cardiff Property (The)'s Cyclically Adjusted PB Ratio falls into.


LSE:CDFF
71GF Score
Cardiff Property (The) PLC LSE:CDFF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Cardiff Property (The) 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.

Cardiff Property (The)'s Cyclically Adjusted Book per Share for the fiscal year that ended in Sep25 is calculated as:

For example, Cardiff Property (The)'s adjusted Book Value per Share data for the fiscal year that ended in Sep25 was:

Adj_Book=Book Value per Share/CPI of Sep25 (Change)*Current CPI (Sep25)
=30.529/138.9000*138.9000
=30.529

Current CPI (Sep25) = 138.9000.

Cardiff Property (The) Annual Data

Book Value per Share CPI Adj_Book
201609 18.760 101.500 25.673
201709 21.257 104.300 28.309
201809 21.784 106.600 28.385
201909 22.853 108.400 29.283
202009 24.345 109.200 30.966
202109 25.486 112.400 31.495
202209 27.558 122.300 31.298
202309 28.444 130.100 30.368
202409 29.316 133.500 30.502
202509 30.529 138.900 30.529

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.

Is Cardiff Property (The) (LSE:CDFF) Overvalued in 2026?

Based on GuruFocus' analysis, Cardiff Property (The) stock appears to be overvalued. The current stock price of £27.50 is trading 0.8% above its estimated GF Value™ of £27.29. GuruFocus considers Cardiff Property (The) to be Fairly Valued.

Key valuation signals for LSE:CDFF:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: £27.29 vs. price of £27.50 (0.8% above fair value)
  • GF Score™: 71/100 with 6 warning signs

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


Cardiff Property (The) Business Description

Address 56 Station Road, Egham, Surrey, GBR, TW20 9LF
Cardiff Property (The) PLC, along with its subsidiary, specializes in property investment and development in the Thames Valley. Its properties include the Windsor Business Centre, Maidenhead Enterprise Centre, Heritage Court, and others. The company operates through two segments: Property and Other Investment, and Property Development. It derives the majority of its revenue from the Property and Other Investment segment.
71GF Score

Get the complete analysis for LSE:CDFF

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

£27.50
Price
£27.29
GF Value