UDR (LTS:0LHS) Cyclically Adjusted PB Ratio: (As of Sep. 21, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
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.

LTS:0LHS UDR Inc LTS:0LHS
79 GF Score
Price $33.96
GF Value $40.56
Valuation Modestly Undervalued
! 7 Warning Signs
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What is UDR Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


UDR  (LTS:0LHS) 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.


UDR Cyclically Adjusted PB Ratio Related Terms


UDR Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for UDR'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.

UDR Cyclically Adjusted PB Ratio Chart

UDR 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 3.82 2.38 2.30 2.54 2.20

UDR Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 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 2.40 2.18 2.20 2.01 2.39

LTS:0LHS vs AMH, CPT, ELS: Cyclically Adjusted PB Ratio Comparison

For the REIT - Residential subindustry, UDR'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.


UDR Cyclically Adjusted PB Ratio vs REITs Industry

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

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


LTS:0LHS
79GF Score
UDR Inc LTS:0LHS
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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UDR 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.

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

For example, UDR'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)
=11.816/333.9520*333.9520
=11.816

Current CPI (Jun. 2026) = 333.9520.

UDR Quarterly Data

Book Value per Share CPI Adj_Book
201609 14.147 241.428 19.569
201612 14.817 241.432 20.495
201703 14.578 243.801 19.969
201706 14.277 244.955 19.464
201709 14.013 246.819 18.960
201712 13.954 246.524 18.903
201803 13.886 249.554 18.582
201806 13.617 251.989 18.046
201809 13.242 252.439 17.518
201812 13.970 251.233 18.570
201903 14.080 254.202 18.497
201906 13.855 256.143 18.064
201909 14.671 256.759 19.082
201912 14.806 256.974 19.241
202003 14.417 258.115 18.653
202006 14.250 257.797 18.460
202009 13.749 260.280 17.641
202012 13.722 260.474 17.593
202103 13.346 264.877 16.826
202106 13.019 271.696 16.002
202109 13.856 274.310 16.869
202112 14.864 278.802 17.804
202203 14.479 287.504 16.818
202206 14.891 296.311 16.783
202209 14.790 296.808 16.641
202212 14.874 296.797 16.736
202303 14.516 301.836 16.061
202306 15.209 305.109 16.647
202309 15.244 307.789 16.540
202312 14.917 306.746 16.240
202403 14.612 312.332 15.623
202406 14.266 314.175 15.164
202409 13.851 315.301 14.670
202412 13.352 315.605 14.128
202503 13.122 319.799 13.703
202506 12.798 322.561 13.250
202509 12.420 324.800 12.770
202512 12.507 324.054 12.889
202603 12.466 330.213 12.607
202606 11.816 333.952 11.816

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 UDR (LTS:0LHS) Overvalued in 2026?

Based on GuruFocus' analysis, UDR stock appears to be undervalued. The current stock price of $33.96 is trading 16.3% below its estimated GF Value™ of $40.56. GuruFocus considers UDR to be Modestly Undervalued.

Key valuation signals for LTS:0LHS:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: $40.56 vs. price of $33.96 (16.3% below fair value)
  • GF Score™: 79/100 with 7 warning signs

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


UDR Business Description

Industry Real EstateREITs
Other Exchanges UDR:USAUF0:Germany
Address 1745 Shea Center Drive, Suite 200, Highlands Ranch, CO, USA, 80129
UDR Inc is a real estate investment trust that owns, operates, acquires, renovates, develops, redevelops, disposes of, and manages multifamily apartment communities in targeted markets located in the United States. The company has two reportable segments; Same-Store Communities segment represents those communities acquired, developed, and stabilized; and Non-Mature Communities/Other segment represents those communities that do not meet the criteria to be included in Same-Store Communities, including, but not limited to, recently acquired, developed and redeveloped communities, and the non-apartment components of mixed-use properties. It generates key revenue from Same-Store Communities.
79GF Score

Get the complete analysis for LTS:0LHS

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

$33.96
Price
$40.56
GF Value