UBM Development AG (LTS:0GD5) Cyclically Adjusted PB Ratio: 0.25 (As of Jul. 19, 2026) — 29% Below Median

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LTS:0GD5 UBM Development AG LTS:0GD5
58 GF Score
Price €17.10
GF Value €34.23
Valuation Possible Value Trap
! 3 Warning Signs
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What is UBM Development AG Cyclically Adjusted PB Ratio?

UBM Development AG LTS:0GD5 58 Cyclically Adjusted PB Ratio is 0.25 as of Jul. 19, 2026, which is 29% below its 10-year median of 0.35. GuruFocus rates LTS:0GD5 with a GF Score™ of 58/100 and a GF Value™ of €34.23 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 1,440 Real Estate companies, UBM Development AG ranks better than 78.75% on this metric.

As of today (2026-07-19), UBM Development AG's current share price is €17.10. UBM Development AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €68.11. UBM Development AG's Cyclically Adjusted PB Ratio for today is 0.25.

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

LTS:0GD5' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.24   Med: 0.35   Max: 1.01
Current: 0.25

During the past years, UBM Development AG's highest Cyclically Adjusted PB Ratio was 1.01. The lowest was 0.24. And the median was 0.35.

LTS:0GD5's Cyclically Adjusted PB Ratio is ranked better than
78.75% of 1440 companies
in the Real Estate industry
Industry Median: 0.705 vs LTS:0GD5: 0.25

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.

UBM Development AG's adjusted book value per share data for the three months ended in Mar. 2026 was €50.356. 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 €68.11 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


UBM Development AG  (LTS:0GD5) 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.


UBM Development AG Cyclically Adjusted PB Ratio Related Terms


UBM Development AG Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for UBM Development AG'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.

UBM Development AG Cyclically Adjusted PB Ratio Chart

UBM Development AG 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 0.88 0.39 0.33 0.24 0.29

UBM Development AG Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 0.29 0.31 0.32 0.29 0.26

UBM Development AG Cyclically Adjusted PB Ratio Competitor Comparison

For the Real Estate - Development subindustry, UBM Development AG'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.


UBM Development AG Cyclically Adjusted PB Ratio vs Real Estate Industry

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

* The bar in red indicates where UBM Development AG's Cyclically Adjusted PB Ratio falls into.


LTS:0GD5
58GF Score
UBM Development AG LTS:0GD5
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

UBM Development AG 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.

UBM Development AG's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=17.10/68.11
=0.25

* 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.

UBM Development AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, UBM Development AG's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=50.356/142.1600*142.1600
=50.356

Current CPI (Mar. 2026) = 142.1600.

UBM Development AG Quarterly Data

Book Value per Share CPI Adj_Book
201606 42.400 101.092 59.625
201609 43.165 101.192 60.641
201612 44.686 102.092 62.224
201703 45.336 102.592 62.822
201706 44.277 102.991 61.116
201709 44.998 103.591 61.751
201712 47.129 104.291 64.242
201803 62.088 104.491 84.470
201806 54.558 105.091 73.802
201809 55.840 105.691 75.108
201812 57.401 106.291 76.771
201903 57.626 106.391 77.000
201906 57.414 106.791 76.429
201909 59.834 106.991 79.502
201912 61.139 108.091 80.409
202003 64.046 108.024 84.285
202006 62.054 107.915 81.745
202009 63.082 108.348 82.768
202012 60.471 109.321 78.636
202103 64.972 110.186 83.826
202106 71.256 110.943 91.306
202109 72.507 111.916 92.101
202112 69.433 113.971 86.606
202203 73.409 117.647 88.704
202206 68.603 120.567 80.890
202209 65.234 123.811 74.902
202212 66.365 125.541 75.150
202303 59.008 128.460 65.301
202306 52.868 130.191 57.729
202309 55.256 131.272 59.839
202312 50.107 132.570 53.732
202403 48.961 133.759 52.036
202406 47.574 134.083 50.440
202409 47.129 133.651 50.130
202412 45.238 135.273 47.541
202503 44.066 137.760 45.474
202506 46.236 138.517 47.452
202509 46.683 138.950 47.761
202512 46.782 140.350 47.385
202603 50.356 142.160 50.356

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 0.25 mean?
UBM Development AG (LTS:0GD5) has a Cyclically Adjusted PB Ratio of 0.25 as of Jul. 19, 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 UBM Development AG and its competitors. This is 29% below median its historical median of 0.35. Over the past decade, UBM Development AG's Cyclically Adjusted PB Ratio has ranged from 0.24 to 1.01. According to the industry distribution chart, UBM Development AG ranks #306 out of 1440 companies in the Real Estate industry, placing it in the top 21.2%.
Is UBM Development AG's Cyclically Adjusted PB Ratio too high?
UBM Development AG's current Cyclically Adjusted PB Ratio of 0.25 is 29% below median its 10-year median of 0.35. Over the past 10 years, this metric has ranged from a low of 0.24 to a high of 1.01. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.71. UBM Development AG's value of 0.25 is 64.5% below this industry median. Based on the distribution chart, UBM Development AG ranks #306 out of 1440 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, UBM Development AG has a GF Score™ of 58/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does UBM Development AG's Cyclically Adjusted PB Ratio compare to competitors?
According to the Real Estate industry distribution chart, UBM Development AG ranks #306 out of 1440 companies for Cyclically Adjusted PB Ratio. This places UBM Development AG in the top 21% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 0.71. UBM Development AG's value of 0.25 is 64.5% below this benchmark. Historically, UBM Development AG's own Cyclically Adjusted PB Ratio has ranged from 0.24 to 1.01 over the past decade. While the company's 10-year median is 0.35 vs. the industry median of 0.71, UBM Development AG 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 0.71, based on 1,440 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. UBM Development AG's current Cyclically Adjusted PB Ratio of 0.25 is 64.5% 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 UBM Development AG and its competitors. For the Real Estate industry, the median Cyclically Adjusted PB Ratio is 0.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. UBM Development AG's current Cyclically Adjusted PB Ratio is 0.25, which is 29% below median its own 10-year median of 0.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is UBM Development AG stock overvalued right now?
Based on GuruFocus' analysis, UBM Development AG (LTS:0GD5) is currently considered Possible Value Trap. The stock's GF Value™ is €34.23, compared to a current price of €17.10 — trading 50% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.25, which is 29% below median its 10-year median of 0.35 and 64.5% below the Real Estate industry median of 0.71. UBM Development AG's overall GF Score™ is 58/100 with 3 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 UBM Development AG (LTS:0GD5), the current Cyclically Adjusted PB Ratio is 0.25 as of Jul. 19, 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 UBM Development AG (LTS:0GD5) Overvalued in 2026?

Based on GuruFocus' analysis, UBM Development AG stock appears to be undervalued. The current stock price of €17.10 is trading 50% below its estimated GF Value™ of €34.23. GuruFocus considers UBM Development AG to be Possible Value Trap.

Key valuation signals for LTS:0GD5:

  • Cyclically Adjusted PB Ratio: 0.25 (29% below median its 10-year median of 0.35)
  • GF Value™: €34.23 vs. price of €17.10 (50% below fair value)
  • GF Score™: 58/100 with 3 warning signs
  • Industry Position: 64.5% below the Real Estate median (#306 of 1440)

No single metric tells the full story. See the LTS:0GD5 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


UBM Development AG Business Description

Other Exchanges 2U2:GermanyUBS:Austria
Address Laaer-Berg-Strasse 43, Vienna, AUT, 1100
UBM Development AG is an established Austrian real estate developer specializing in sustainable timber office and residential projects across various cities like Vienna, Munich, Frankfurt, and Prague. The company provides a range of services related to real estate projects, including market analysis, project development, planning, project management, financing, rental, and asset management. In addition to real estate development, it is also active as a hotel lessee. The company generates substantial revenue through the sale of real estate projects. Geographically, it derives maximum revenue from Austria, and the rest from Germany, Poland, and other regions.
58GF Score

Get the complete analysis for LTS:0GD5

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

€17.10
Price
€34.23
GF Value