CA Immobilien Anlagen AG (LTS:0MIP) Cyclically Adjusted PB Ratio: (As of Sep. 22, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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:0MIP CA Immobilien Anlagen AG LTS:0MIP
66 GF Score
Price €22.60
GF Value €20.90
Valuation Fairly Valued
! 4 Warning Signs
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What is CA Immobilien Anlagen AG Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


CA Immobilien Anlagen AG  (LTS:0MIP) 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.


CA Immobilien Anlagen AG Cyclically Adjusted PB Ratio Related Terms


CA Immobilien Anlagen AG Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for CA Immobilien Anlagen 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.

CA Immobilien Anlagen AG Cyclically Adjusted PB Ratio Chart

CA Immobilien Anlagen 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 1.17 0.87 0.98 0.69 0.64

CA Immobilien Anlagen AG 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 0.70 0.67 0.64 0.68 0.64

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

For the Real Estate Services subindustry, CA Immobilien Anlagen 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.


CA Immobilien Anlagen AG Cyclically Adjusted PB Ratio vs Real Estate Industry

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

* The bar in red indicates where CA Immobilien Anlagen AG's Cyclically Adjusted PB Ratio falls into.


LTS:0MIP
66GF Score
CA Immobilien Anlagen AG LTS:0MIP
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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CA Immobilien Anlagen 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.

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

For example, CA Immobilien Anlagen AG'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)
=26.544/142.7100*142.7100
=26.544

Current CPI (Jun. 2026) = 142.7100.

CA Immobilien Anlagen AG Quarterly Data

Book Value per Share CPI Adj_Book
201609 23.094 101.192 32.569
201612 23.602 102.092 32.992
201703 23.866 102.592 33.199
201706 24.232 102.991 33.577
201709 24.790 103.591 34.151
201712 25.951 104.291 35.511
201803 26.250 104.491 35.851
201806 26.021 105.091 35.336
201809 26.638 105.691 35.968
201812 28.375 106.291 38.097
201903 28.504 106.391 38.234
201906 28.704 106.791 38.359
201909 29.630 106.991 39.522
201912 31.904 108.091 42.122
202003 32.262 108.024 42.621
202006 32.381 107.915 42.821
202009 31.831 108.348 41.926
202012 33.627 109.321 43.897
202103 34.098 110.186 44.163
202106 34.590 110.943 44.494
202109 34.793 111.916 44.366
202112 32.676 113.971 40.916
202203 34.118 117.647 41.386
202206 35.038 120.567 41.473
202209 35.612 123.811 41.048
202212 33.708 125.541 38.318
202303 34.066 128.460 37.845
202306 32.954 130.191 36.123
202309 33.441 131.272 36.355
202312 27.882 132.570 30.015
202403 28.057 133.759 29.935
202406 26.585 134.083 28.295
202409 26.701 133.651 28.511
202412 26.372 135.273 27.822
202503 26.647 137.760 27.605
202506 25.724 138.517 26.503
202509 26.955 138.950 27.684
202512 27.409 140.350 27.870
202603 27.634 142.160 27.741
202606 26.544 142.710 26.544

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 CA Immobilien Anlagen AG (LTS:0MIP) Overvalued in 2026?

Based on GuruFocus' analysis, CA Immobilien Anlagen AG stock appears to be overvalued. The current stock price of €22.60 is trading 8.1% above its estimated GF Value™ of €20.90. GuruFocus considers CA Immobilien Anlagen AG to be Fairly Valued.

Key valuation signals for LTS:0MIP:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €20.90 vs. price of €22.60 (8.1% above fair value)
  • GF Score™: 66/100 with 4 warning signs

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


CA Immobilien Anlagen AG Business Description

Address Mechelgasse 1, Vienna, AUT, 1030
CA Immobilien Anlagen AG is a real estate company involved in owning, developing and managing, especially office properties in Austria and Germany as well as in Eastern Europe. The company generates revenues and other income from rental activities, the sale of properties held for trading, the sale of properties, as well as from development services. The company is geographically divided in Austria, Germany and Central and Eastern Europe (CEE).
66GF Score

Get the complete analysis for LTS:0MIP

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

€22.60
Price
€20.90
GF Value