Ground Rentsome Fund (LSE:GRIO) Cyclically Adjusted PB Ratio: 0.14 (As of Aug. 12, 2026) — 39% Below Median

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LSE:GRIO Ground Rents Income Fund PLC LSE:GRIO
37 GF Score
Price £0.18
! 1 Warning Sign
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What is Ground Rentsome Fund Cyclically Adjusted PB Ratio?

Ground Rentsome Fund LSE:GRIO 37 Cyclically Adjusted PB Ratio is 0.14 as of Aug. 12, 2026, which is 39% below its 10-year median of 0.23. GuruFocus rates LSE:GRIO with a GF Score™ of 37/100. The stock has 1 warning sign investors should review. Among 554 REITs companies, Ground Rentsome Fund ranks better than 94.4% on this metric.

As of today (2026-08-12), Ground Rentsome Fund's current share price is £0.175. Ground Rentsome Fund's Cyclically Adjusted Book per Share for the fiscal year that ended in Sep25 was £1.23. Ground Rentsome Fund's Cyclically Adjusted PB Ratio for today is 0.14.

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

LSE:GRIO' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.13   Med: 0.23   Max: 0.4
Current: 0.14

During the past 13 years, Ground Rentsome Fund's highest Cyclically Adjusted PB Ratio was 0.40. The lowest was 0.13. And the median was 0.23.

LSE:GRIO's Cyclically Adjusted PB Ratio is ranked better than
94.4% of 554 companies
in the REITs industry
Industry Median: 0.81 vs LSE:GRIO: 0.14

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.

Ground Rentsome Fund's adjusted book value per share data of for the fiscal year that ended in Sep25 was £0.545. 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 £1.23 for the trailing ten years ended in Sep25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ground Rentsome Fund  (LSE:GRIO) 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.


Ground Rentsome Fund Cyclically Adjusted PB Ratio Related Terms


Ground Rentsome Fund Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Ground Rentsome Fund'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.

Ground Rentsome Fund Cyclically Adjusted PB Ratio Chart

Ground Rentsome Fund 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 0.00 0.40 0.28 0.19 0.21

Ground Rentsome Fund 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 0.00 0.19 0.00 0.21 0.00

LSE:GRIO vs VICI, WPC, BNL: Cyclically Adjusted PB Ratio Comparison

For the REIT - Diversified subindustry, Ground Rentsome Fund'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.


Ground Rentsome Fund Cyclically Adjusted PB Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Ground Rentsome Fund's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Ground Rentsome Fund's Cyclically Adjusted PB Ratio falls into.


LSE:GRIO
37GF Score
Ground Rents Income Fund PLC LSE:GRIO
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Ground Rentsome Fund 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.

Ground Rentsome Fund's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.175/1.23
=0.14

* 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.

Ground Rentsome Fund's Cyclically Adjusted Book per Share for the fiscal year that ended in Sep25 is calculated as:

For example, Ground Rentsome Fund'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)
=0.545/138.9000*138.9000
=0.545

Current CPI (Sep25) = 138.9000.

Ground Rentsome Fund Annual Data

Book Value per Share CPI Adj_Book
201609 1.303 101.500 1.783
201709 1.317 104.300 1.754
201809 1.166 106.600 1.519
201909 1.113 108.400 1.426
202009 1.057 109.200 1.344
202109 1.031 112.400 1.274
202209 0.925 122.300 1.051
202309 0.901 130.100 0.962
202409 0.590 133.500 0.614
202509 0.545 138.900 0.545

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 0.14 mean?
Ground Rentsome Fund (LSE:GRIO) has a Cyclically Adjusted PB Ratio of 0.14 as of Aug. 12, 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 Ground Rentsome Fund and its competitors. This is 39% below median its historical median of 0.23. Over the past decade, Ground Rentsome Fund's Cyclically Adjusted PB Ratio has ranged from 0.13 to 0.40. According to the industry distribution chart, Ground Rentsome Fund ranks #31 out of 554 companies in the REITs industry, placing it in the top 5.6%.
Is Ground Rentsome Fund's Cyclically Adjusted PB Ratio too high?
Ground Rentsome Fund's current Cyclically Adjusted PB Ratio of 0.14 is 39% below median its 10-year median of 0.23. Over the past 10 years, this metric has ranged from a low of 0.13 to a high of 0.40. The REITs industry median Cyclically Adjusted PB Ratio is 0.81. Ground Rentsome Fund's value of 0.14 is 82.7% below this industry median. Based on the distribution chart, Ground Rentsome Fund ranks #31 out of 554 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Ground Rentsome Fund has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does Ground Rentsome Fund's Cyclically Adjusted PB Ratio compare to VICI and WPC?
According to the REITs industry distribution chart, Ground Rentsome Fund ranks #31 out of 554 companies for Cyclically Adjusted PB Ratio. This places Ground Rentsome Fund in the top 6% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 0.81. Ground Rentsome Fund's value of 0.14 is 82.7% below this benchmark. Historically, Ground Rentsome Fund's own Cyclically Adjusted PB Ratio has ranged from 0.13 to 0.40 over the past decade. While the company's 10-year median is 0.23 vs. the industry median of 0.81, Ground Rentsome Fund 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 0.81, based on 554 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. Ground Rentsome Fund's current Cyclically Adjusted PB Ratio of 0.14 is 82.7% 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 Ground Rentsome Fund and its competitors. For the REITs industry, the median Cyclically Adjusted PB Ratio is 0.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ground Rentsome Fund's current Cyclically Adjusted PB Ratio is 0.14, which is 39% below median its own 10-year median of 0.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ground Rentsome Fund stock overvalued right now?
Ground Rentsome Fund (LSE:GRIO) has a current Cyclically Adjusted PB Ratio of 0.14. The current Cyclically Adjusted PB Ratio is 0.14, which is 39% below median its 10-year median of 0.23 and 82.7% below the REITs industry median of 0.81. Ground Rentsome Fund's overall GF Score™ is 37/100 with 1 warning sign 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 Ground Rentsome Fund (LSE:GRIO), the current Cyclically Adjusted PB Ratio is 0.14 as of Aug. 12, 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.

Ground Rentsome Fund Business Description

Industry Real EstateREITs
Address 1 London Wall Place, London, GBR, EC2Y 5AU
Ground Rents Income Fund PLC is a closed-ended real estate investment trust ('REIT'). It invests in long-term ground rents from residential leasehold properties. The company's portfolio consists of freeholds and head leaseholds that generate steady ground rent income. The company's objective is to balance periodic repayment of bank debt with returning cash to shareholders, while optimizing the value of its investments. It is engaged in a single segment of business, being the collection of ground rent from its investment properties. Geographically, the company derives revenue within the UK.
37GF 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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