Stag Industrial (MEX:STAG) Cyclically Adjusted PB Ratio: 1.92 (As of Jul. 28, 2026) — 16% Below Median

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MEX:STAG Stag Industrial Inc MEX:STAG
84 GF Score
Price MXN698.00
GF Value MXN703.67
! 9 Warning Signs
View Full Analysis

What is Stag Industrial Cyclically Adjusted PB Ratio?

Stag Industrial MEX:STAG 84 Cyclically Adjusted PB Ratio is 1.92 as of Jul. 28, 2026, which is 16% below its 10-year median of 2.28. GuruFocus rates MEX:STAG with a GF Score™ of 84/100 and a GF Value™ of MXN703.67. The stock has 9 warning signs investors should review. Among 554 REITs companies, Stag Industrial ranks worse than 89.17% on this metric.

As of today (2026-07-28), Stag Industrial's current share price is MXN698.00. Stag Industrial's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was MXN364.29. Stag Industrial's Cyclically Adjusted PB Ratio for today is 1.92.

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

MEX:STAG' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.77   Med: 2.28   Max: 3.42
Current: 2.16

During the past years, Stag Industrial's highest Cyclically Adjusted PB Ratio was 3.42. The lowest was 1.77. And the median was 2.28.

MEX:STAG's Cyclically Adjusted PB Ratio is ranked worse than
89.17% of 554 companies
in the REITs industry
Industry Median: 0.81 vs MEX:STAG: 2.16

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.

Stag Industrial's adjusted book value per share data for the three months ended in Mar. 2026 was MXN338.172. 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 MXN364.29 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Stag Industrial  (MEX:STAG) 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.


Stag Industrial Cyclically Adjusted PB Ratio Related Terms


Stag Industrial Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Stag Industrial'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.

Stag Industrial Cyclically Adjusted PB Ratio Chart

Stag Industrial 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 3.42 2.08 2.37 1.94 2.00

Stag Industrial 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 2.03 2.01 1.93 2.00 1.92

MEX:STAG vs TRNO, REXR, FR: Cyclically Adjusted PB Ratio Comparison

For the REIT - Industrial subindustry, Stag Industrial'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.


Stag Industrial Cyclically Adjusted PB Ratio vs REITs Industry

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

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


MEX:STAG
84GF Score
Stag Industrial Inc MEX:STAG
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Stag Industrial 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.

Stag Industrial's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=698.00/364.29
=1.92

* 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.

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

For example, Stag Industrial'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)
=338.172/330.2130*330.2130
=338.172

Current CPI (Mar. 2026) = 330.2130.

Stag Industrial Quarterly Data

Book Value per Share CPI Adj_Book
201606 166.288 241.018 227.827
201609 182.938 241.428 250.213
201612 226.316 241.432 309.538
201703 207.559 243.801 281.126
201706 216.906 244.955 292.401
201709 222.147 246.819 297.205
201712 245.773 246.524 329.207
201803 225.516 249.554 298.406
201806 256.599 251.989 336.254
201809 248.373 252.439 324.894
201812 269.372 251.233 354.054
201903 269.924 254.202 350.636
201906 278.276 256.143 358.746
201909 293.119 256.759 376.975
201912 294.559 256.974 378.510
202003 375.483 258.115 480.365
202006 364.043 257.797 466.304
202009 344.876 260.280 437.539
202012 332.083 260.474 420.995
202103 339.031 264.877 422.658
202106 329.998 271.696 401.072
202109 358.582 274.310 431.659
202112 384.006 278.802 454.817
202203 377.797 287.504 433.919
202206 379.704 296.311 423.147
202209 384.056 296.808 427.281
202212 368.150 296.797 409.600
202303 336.932 301.836 368.609
202306 321.253 305.109 347.685
202309 328.194 307.789 352.105
202312 315.275 306.746 339.394
202403 305.492 312.332 322.981
202406 336.446 314.175 353.621
202409 356.151 315.301 372.995
202412 386.621 315.605 404.516
202503 380.080 319.799 392.457
202506 347.442 322.561 355.684
202509 336.464 324.800 342.071
202512 338.960 324.054 345.402
202603 338.172 330.213 338.172

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 1.92 mean?
Stag Industrial (MEX:STAG) has a Cyclically Adjusted PB Ratio of 1.92 as of Jul. 28, 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 Stag Industrial and its competitors. This is 16% below median its historical median of 2.28. Over the past decade, Stag Industrial's Cyclically Adjusted PB Ratio has ranged from 1.77 to 3.42. According to the industry distribution chart, Stag Industrial ranks #494 out of 554 companies in the REITs industry, placing it in the top 89.2%.
Is Stag Industrial's Cyclically Adjusted PB Ratio too high?
Stag Industrial's current Cyclically Adjusted PB Ratio of 1.92 is 16% below median its 10-year median of 2.28. Over the past 10 years, this metric has ranged from a low of 1.77 to a high of 3.42. The REITs industry median Cyclically Adjusted PB Ratio is 0.81. Stag Industrial's value of 1.92 is 137% above this industry median. Based on the distribution chart, Stag Industrial ranks #494 out of 554 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Stag Industrial has a GF Score™ of 84/100, reflecting its overall financial health beyond just this single metric.
How does Stag Industrial's Cyclically Adjusted PB Ratio compare to TRNO and REXR?
According to the REITs industry distribution chart, Stag Industrial ranks #494 out of 554 companies for Cyclically Adjusted PB Ratio. This places Stag Industrial in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.81. Stag Industrial's value of 1.92 is 137% above this benchmark. Historically, Stag Industrial's own Cyclically Adjusted PB Ratio has ranged from 1.77 to 3.42 over the past decade. While the company's 10-year median is 2.28 vs. the industry median of 0.81, Stag Industrial has consistently been above 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. Stag Industrial's current Cyclically Adjusted PB Ratio of 1.92 is 137% above 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 Stag Industrial 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. Stag Industrial's current Cyclically Adjusted PB Ratio is 1.92, which is 16% below median its own 10-year median of 2.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Stag Industrial stock overvalued right now?
Stag Industrial (MEX:STAG) has a current Cyclically Adjusted PB Ratio of 1.92. The stock's GF Value™ is MXN703.67, compared to a current price of MXN698.00 — trading 0.8% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.92, which is 16% below median its 10-year median of 2.28 and 137% above the REITs industry median of 0.81. Stag Industrial's overall GF Score™ is 84/100 with 9 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 Stag Industrial (MEX:STAG), the current Cyclically Adjusted PB Ratio is 1.92 as of Jul. 28, 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 Stag Industrial (MEX:STAG) Overvalued in 2026?

Based on GuruFocus' analysis, Stag Industrial stock appears to be undervalued. The current stock price of MXN698.00 is trading 0.8% below its estimated GF Value™ of MXN703.67.

Key valuation signals for MEX:STAG:

  • Cyclically Adjusted PB Ratio: 1.92 (16% below median its 10-year median of 2.28)
  • GF Value™: MXN703.67 vs. price of MXN698.00 (0.8% below fair value)
  • GF Score™: 84/100 with 9 warning signs
  • Industry Position: 137% above the REITs median (#494 of 554)

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


Stag Industrial Business Description

Industry Real EstateREITs
Address One Federal Street, 23rd Floor, Boston, MA, USA, 02110
Stag Industrial Inc is a REIT focused on the acquisition, ownership, development, and operation of industrial properties throughout the United States. Its platform is designed to (i) identify properties for acquisition that offer attractive returns across CBRE-EA Tier 1 industrial real estate markets, industries, and tenants, (ii) provide growth through the ownership of high-quality assets, property management and pursuit of acquisitions in an attractive opportunity set, and (iii) capitalize its business appropriately given the characteristics of its assets. The majority of its portfolio is single-tenant industrial properties throughout the United States. The company derives the majority of its rental revenue from its facilities located in Midwestern and Eastern U.S. cities.
84GF Score

Get the complete analysis for MEX:STAG

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

MXN698.00
Price
MXN703.67
GF Value