Medical Properties Trust (MEX:MPW) Cyclically Adjusted PB Ratio: 0.32 (As of Aug. 01, 2026) — 77% Below Median

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MEX:MPW Medical Properties Trust Inc MEX:MPW
53 GF Score
Price MXN80.20
GF Value MXN94.23
Valuation Modestly Undervalued
! 8 Warning Signs
View Full Analysis

What is Medical Properties Trust Cyclically Adjusted PB Ratio?

Medical Properties Trust MEX:MPW 53 Cyclically Adjusted PB Ratio is 0.32 as of Aug. 01, 2026, which is 77% below its 10-year median of 1.39. GuruFocus rates MEX:MPW with a GF Score™ of 53/100 and a GF Value™ of MXN94.23 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 554 REITs companies, Medical Properties Trust ranks better than 83.94% on this metric.

As of today (2026-08-01), Medical Properties Trust's current share price is MXN80.20. Medical Properties Trust's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was MXN251.24. Medical Properties Trust's Cyclically Adjusted PB Ratio for today is 0.32.

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

MEX:MPW' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.22   Med: 1.39   Max: 2.41
Current: 0.33

During the past years, Medical Properties Trust's highest Cyclically Adjusted PB Ratio was 2.41. The lowest was 0.22. And the median was 1.39.

MEX:MPW's Cyclically Adjusted PB Ratio is ranked better than
83.94% of 554 companies
in the REITs industry
Industry Median: 0.81 vs MEX:MPW: 0.33

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.

Medical Properties Trust's adjusted book value per share data for the three months ended in Mar. 2026 was MXN137.111. 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 MXN251.24 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Medical Properties Trust  (MEX:MPW) 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.


Medical Properties Trust Cyclically Adjusted PB Ratio Related Terms


Medical Properties Trust Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Medical Properties Trust'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.

Medical Properties Trust Cyclically Adjusted PB Ratio Chart

Medical Properties Trust 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 2.01 0.86 0.36 0.28 0.36

Medical Properties Trust 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 0.43 0.31 0.36 0.36 0.33

MEX:MPW vs DHC, LTC, NHI: Cyclically Adjusted PB Ratio Comparison

For the REIT - Healthcare Facilities subindustry, Medical Properties Trust'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.


Medical Properties Trust Cyclically Adjusted PB Ratio vs REITs Industry

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

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


MEX:MPW
53GF Score
Medical Properties Trust Inc MEX:MPW
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Medical Properties Trust 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.

Medical Properties Trust's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=80.20/251.24
=0.32

* 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.

Medical Properties Trust's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Medical Properties Trust'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)
=137.111/330.2130*330.2130
=137.111

Current CPI (Mar. 2026) = 330.2130.

Medical Properties Trust Quarterly Data

Book Value per Share CPI Adj_Book
201606 166.379 241.018 227.952
201609 197.295 241.428 269.850
201612 208.951 241.432 285.788
201703 190.566 243.801 258.110
201706 189.555 244.955 255.531
201709 190.732 246.819 255.176
201712 205.901 246.524 275.799
201803 191.233 249.554 253.042
201806 206.405 251.989 270.479
201809 229.289 252.439 299.931
201812 240.889 251.233 316.617
201903 241.427 254.202 313.618
201906 239.130 256.143 308.280
201909 256.493 256.759 329.871
201912 256.122 256.974 329.118
202003 313.385 258.115 400.921
202006 308.575 257.797 395.255
202009 297.296 260.280 377.175
202012 269.621 260.474 341.809
202103 284.472 264.877 354.641
202106 277.543 271.696 337.319
202109 288.120 274.310 346.837
202112 290.111 278.802 343.607
202203 296.447 287.504 340.484
202206 297.646 296.311 331.701
202209 296.588 296.808 329.968
202212 280.389 296.797 311.958
202303 254.322 301.836 278.232
202306 238.209 305.109 257.809
202309 241.138 307.789 258.706
202312 216.265 306.746 232.810
202403 185.289 312.332 195.897
202406 188.990 314.175 198.638
202409 178.410 315.301 186.848
202412 167.870 315.605 175.640
202503 162.176 319.799 167.457
202506 151.456 322.561 155.049
202509 142.213 324.800 144.583
202512 138.922 324.054 141.562
202603 137.111 330.213 137.111

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 0.32 mean?
Medical Properties Trust (MEX:MPW) has a Cyclically Adjusted PB Ratio of 0.32 as of Aug. 01, 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 Medical Properties Trust and its competitors. This is 77% below median its historical median of 1.39. Over the past decade, Medical Properties Trust's Cyclically Adjusted PB Ratio has ranged from 0.22 to 2.41. According to the industry distribution chart, Medical Properties Trust ranks #89 out of 554 companies in the REITs industry, placing it in the top 16.1%.
Is Medical Properties Trust's Cyclically Adjusted PB Ratio too high?
Medical Properties Trust's current Cyclically Adjusted PB Ratio of 0.32 is 77% below median its 10-year median of 1.39. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 2.41. The REITs industry median Cyclically Adjusted PB Ratio is 0.81. Medical Properties Trust's value of 0.32 is 60.5% below this industry median. Based on the distribution chart, Medical Properties Trust ranks #89 out of 554 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Medical Properties Trust has a GF Score™ of 53/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Medical Properties Trust's Cyclically Adjusted PB Ratio compare to DHC and LTC?
According to the REITs industry distribution chart, Medical Properties Trust ranks #89 out of 554 companies for Cyclically Adjusted PB Ratio. This places Medical Properties Trust in the top 16% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 0.81. Medical Properties Trust's value of 0.32 is 60.5% below this benchmark. Historically, Medical Properties Trust's own Cyclically Adjusted PB Ratio has ranged from 0.22 to 2.41 over the past decade. While the company's 10-year median is 1.39 vs. the industry median of 0.81, Medical Properties Trust 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 REITs company?
The median Cyclically Adjusted PB Ratio among REITs companies is 0.81, based on 554 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. Medical Properties Trust's current Cyclically Adjusted PB Ratio of 0.32 is 60.5% 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 Medical Properties Trust and its competitors. For the REITs industry, the median Cyclically Adjusted PB Ratio is 0.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Medical Properties Trust's current Cyclically Adjusted PB Ratio is 0.32, which is 77% below median its own 10-year median of 1.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Medical Properties Trust stock overvalued right now?
Based on GuruFocus' analysis, Medical Properties Trust (MEX:MPW) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN94.23, compared to a current price of MXN80.20 — trading 14.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.32, which is 77% below median its 10-year median of 1.39 and 60.5% below the REITs industry median of 0.81. Medical Properties Trust's overall GF Score™ is 53/100 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 Medical Properties Trust (MEX:MPW), the current Cyclically Adjusted PB Ratio is 0.32 as of Aug. 01, 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 Medical Properties Trust (MEX:MPW) Overvalued in 2026?

Based on GuruFocus' analysis, Medical Properties Trust stock appears to be undervalued. The current stock price of MXN80.20 is trading 14.9% below its estimated GF Value™ of MXN94.23. GuruFocus considers Medical Properties Trust to be Modestly Undervalued.

Key valuation signals for MEX:MPW:

  • Cyclically Adjusted PB Ratio: 0.32 (77% below median its 10-year median of 1.39)
  • GF Value™: MXN94.23 vs. price of MXN80.20 (14.9% below fair value)
  • GF Score™: 53/100 with 8 warning signs
  • Industry Position: 60.5% below the REITs median (#89 of 554)

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


Medical Properties Trust Business Description

Industry Real EstateREITs
Address 10500 Liberty Parkway, Birmingham, AL, USA, 35242
Medical Properties Trust Inc acquires and develops net-leased healthcare facilities. Its investments in healthcare real estate, other loans, and any investments in tenants are considered a single reportable segment. Its business strategy is to acquire and develop healthcare facilities and lease the facilities to healthcare operating companies under long-term net leases, which require the tenant to bear of the costs associated with the property. The group's geographic areas are the United States, the United Kingdom, and All other countries.
53GF Score

Get the complete analysis for MEX:MPW

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

MXN80.20
Price
MXN94.23
GF Value