Warehouses Estates Belgium (LTS:0GID) Cyclically Adjusted PB Ratio: (As of Sep. 17, 2026)

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LTS:0GID Warehouses Estates Belgium SA LTS:0GID
59 GF Score
Price €37.20
GF Value €33.92
Valuation Fairly Valued
! 7 Warning Signs
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What is Warehouses Estates Belgium Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Warehouses Estates Belgium  (LTS:0GID) 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.


Warehouses Estates Belgium Cyclically Adjusted PB Ratio Related Terms


Warehouses Estates Belgium Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Warehouses Estates Belgium'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.

Warehouses Estates Belgium Cyclically Adjusted PB Ratio Chart

Warehouses Estates Belgium Annual Data
Trend Sep15 Sep16 Sep17 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Warehouses Estates Belgium Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.66 0.67 0.64 0.62 0.65

LTS:0GID vs VICI, WPC, BNL: Cyclically Adjusted PB Ratio Comparison

For the REIT - Diversified subindustry, Warehouses Estates Belgium'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.


Warehouses Estates Belgium Cyclically Adjusted PB Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Warehouses Estates Belgium's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Warehouses Estates Belgium's Cyclically Adjusted PB Ratio falls into.


LTS:0GID
59GF Score
Warehouses Estates Belgium SA LTS:0GID
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Warehouses Estates Belgium 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.

Warehouses Estates Belgium's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Warehouses Estates Belgium's adjusted Book Value per Share data for the fiscal year that ended in Dec25 was:

Adj_Book=Book Value per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=52.735/135.0800*135.0800
=52.735

Current CPI (Dec25) = 135.0800.

Warehouses Estates Belgium Annual Data

Book Value per Share CPI Adj_Book
201509 43.705 100.245 58.892
201609 46.583 102.118 61.619
201709 48.606 104.170 63.029
201912 49.596 108.065 61.995
202012 49.791 108.511 61.983
202112 51.459 114.705 60.600
202212 53.455 126.578 57.046
202312 52.903 128.292 55.702
202412 53.361 132.346 54.463
202512 52.735 135.080 52.735

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 Warehouses Estates Belgium (LTS:0GID) Overvalued in 2026?

Based on GuruFocus' analysis, Warehouses Estates Belgium stock appears to be overvalued. The current stock price of €37.20 is trading 9.7% above its estimated GF Value™ of €33.92. GuruFocus considers Warehouses Estates Belgium to be Fairly Valued.

Key valuation signals for LTS:0GID:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €33.92 vs. price of €37.20 (9.7% above fair value)
  • GF Score™: 59/100 with 7 warning signs

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


Warehouses Estates Belgium Business Description

Industry Real EstateREITs
Other Exchanges WEB:Belgium
Address 29 Avenue Jean Mermoz, Gosselies, BEL, 6041
Warehouses Estates Belgium SA Formerly Warehouses Estates Belgium SCA is a real estate investment trust. It operates in commercial, semi-industrial and industrial tenancy. It also rents out industrial properties, shopping centers, retail warehouses, offices, and residential properties.
59GF Score

Get the complete analysis for LTS:0GID

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

€37.20
Price
€33.92
GF Value