Patrizia SE (LTS:0FJC) Cyclically Adjusted PB Ratio: 0.52 (As of Aug. 14, 2026) — 72% Below Median

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LTS:0FJC Patrizia SE LTS:0FJC
69 GF Score
Price €7.53
GF Value €7.39
Valuation Fairly Valued
! 8 Warning Signs
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What is Patrizia SE Cyclically Adjusted PB Ratio?

Patrizia SE LTS:0FJC -1.12% 69 Cyclically Adjusted PB Ratio is 0.52 as of Aug. 14, 2026, which is 72% below its 10-year median of 1.84. GuruFocus rates LTS:0FJC with a GF Score™ of 69/100 and a GF Value™ of €7.39 (Fairly Valued). The stock has 8 warning signs investors should review. Among 1,402 Real Estate companies, Patrizia SE ranks better than 59.2% on this metric.

As of today (2026-08-14), Patrizia SE's current share price is €7.525. Patrizia SE's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €14.59. Patrizia SE's Cyclically Adjusted PB Ratio for today is 0.52.

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

LTS:0FJC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.48   Med: 1.84   Max: 4.1
Current: 0.53

During the past years, Patrizia SE's highest Cyclically Adjusted PB Ratio was 4.10. The lowest was 0.48. And the median was 1.84.

LTS:0FJC's Cyclically Adjusted PB Ratio is ranked better than
59.2% of 1402 companies
in the Real Estate industry
Industry Median: 0.69 vs LTS:0FJC: 0.53

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.

Patrizia SE's adjusted book value per share data for the three months ended in Jun. 2026 was €12.973. 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 €14.59 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Patrizia SE  (LTS:0FJC) 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.


Patrizia SE Cyclically Adjusted PB Ratio Related Terms


Patrizia SE Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Patrizia SE'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.

Patrizia SE Cyclically Adjusted PB Ratio Chart

Patrizia SE 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 2.23 0.94 0.67 0.59 0.57

Patrizia SE Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Jun26
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 0.55 0.59 0.51 0.57 0.53

LTS:0FJC vs CBRE, BEKE, JLL: Cyclically Adjusted PB Ratio Comparison

For the Real Estate Services subindustry, Patrizia SE'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.


Patrizia SE Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Patrizia SE's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Patrizia SE's Cyclically Adjusted PB Ratio falls into.


LTS:0FJC
69GF Score
Patrizia SE LTS:0FJC
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Patrizia SE 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.

Patrizia SE's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=7.525/14.59
=0.52

* 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.

Patrizia SE's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Patrizia SE's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=12.973/131.3638*131.3638
=12.973

Current CPI (Jun. 2026) = 131.3638.

Patrizia SE Quarterly Data

Book Value per Share CPI Adj_Book
201606 7.858 100.717 10.249
201609 7.926 101.017 10.307
201612 8.114 101.217 10.531
201703 8.185 101.417 10.602
201706 8.373 102.117 10.771
201709 8.218 102.717 10.510
201712 8.427 102.617 10.788
201803 12.128 102.917 15.480
201806 12.316 104.017 15.554
201809 12.148 104.718 15.239
201812 12.553 104.217 15.823
201903 12.778 104.217 16.106
201906 13.189 105.718 16.389
201909 13.175 106.018 16.325
201912 13.248 105.818 16.446
202003 13.264 105.718 16.482
202006 13.599 106.618 16.755
202009 13.585 105.818 16.865
202012 13.796 105.518 17.175
202103 14.050 107.518 17.166
202106 14.285 108.486 17.297
202109 14.533 109.435 17.445
202112 14.475 110.384 17.226
202203 14.623 113.968 16.855
202206 14.394 115.760 16.334
202209 14.740 118.818 16.296
202212 14.299 119.345 15.739
202303 14.740 122.402 15.819
202306 14.252 123.140 15.204
202309 14.223 124.195 15.044
202312 13.060 123.773 13.861
202403 13.526 125.038 14.210
202406 13.069 125.882 13.638
202409 12.899 126.198 13.427
202412 12.574 127.041 13.002
202503 12.610 127.779 12.964
202506 12.190 128.412 12.470
202509 12.249 129.255 12.449
202512 13.035 129.361 13.237
202606 12.973 131.364 12.973

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 0.52 mean?
Patrizia SE (LTS:0FJC) has a Cyclically Adjusted PB Ratio of 0.52 as of Aug. 14, 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 Patrizia SE and its competitors. This is 72% below median its historical median of 1.84. Over the past decade, Patrizia SE's Cyclically Adjusted PB Ratio has ranged from 0.48 to 4.10. According to the industry distribution chart, Patrizia SE ranks #572 out of 1402 companies in the Real Estate industry, placing it in the top 40.8%.
Is Patrizia SE's Cyclically Adjusted PB Ratio too high?
Patrizia SE's current Cyclically Adjusted PB Ratio of 0.52 is 72% below median its 10-year median of 1.84. Over the past 10 years, this metric has ranged from a low of 0.48 to a high of 4.10. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.69. Patrizia SE's value of 0.52 is 24.6% below this industry median. Based on the distribution chart, Patrizia SE ranks #572 out of 1402 companies in the Real Estate industry, which is above the industry midpoint. Overall, Patrizia SE has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Patrizia SE's Cyclically Adjusted PB Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Patrizia SE ranks #572 out of 1402 companies for Cyclically Adjusted PB Ratio. This puts Patrizia SE in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.69. Patrizia SE's value of 0.52 is 24.6% below this benchmark. Historically, Patrizia SE's own Cyclically Adjusted PB Ratio has ranged from 0.48 to 4.10 over the past decade. While the company's 10-year median is 1.84 vs. the industry median of 0.69, Patrizia SE 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 1,402 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. Patrizia SE's current Cyclically Adjusted PB Ratio of 0.52 is 24.6% 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 Patrizia SE 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. Patrizia SE's current Cyclically Adjusted PB Ratio is 0.52, which is 72% below median its own 10-year median of 1.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Patrizia SE stock overvalued right now?
Based on GuruFocus' analysis, Patrizia SE (LTS:0FJC) is currently considered Fairly Valued. The stock's GF Value™ is €7.39, compared to a current price of €7.53 — trading 1.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.52, which is 72% below median its 10-year median of 1.84 and 24.6% below the Real Estate industry median of 0.69. Patrizia SE's overall GF Score™ is 69/100 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 Patrizia SE (LTS:0FJC), the current Cyclically Adjusted PB Ratio is 0.52 as of Aug. 14, 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 Patrizia SE (LTS:0FJC) Overvalued in 2026?

Based on GuruFocus' analysis, Patrizia SE stock appears to be overvalued. The current stock price of €7.53 is trading 1.8% above its estimated GF Value™ of €7.39. GuruFocus considers Patrizia SE to be Fairly Valued.

Key valuation signals for LTS:0FJC:

  • Cyclically Adjusted PB Ratio: 0.52 (72% below median its 10-year median of 1.84)
  • GF Value™: €7.39 vs. price of €7.53 (1.8% above fair value)
  • GF Score™: 69/100 with 8 warning signs
  • Industry Position: 24.6% below the Real Estate median (#572 of 1402)

No single metric tells the full story. See the LTS:0FJC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Patrizia SE Business Description

Other Exchanges PAT:GermanyP1Z:Austria
Address Fuggerstrasse 20, Augsburg, BY, DEU, 86150
PATRIZIA SE is a European independent real asset investment manager. The company provides investment opportunities in real assets for institutional, semi-professional, and private investors, with a focus on real estate and infrastructure. Its investment activities are aligned with sectors related to digital, urban, energy, and living-related developments and trends.
69GF Score

Get the complete analysis for LTS:0FJC

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

€7.53
Price
€7.39
GF Value