Gabetti Property Solutions SpA (MIL:GAB) Cyclically Adjusted PB Ratio: 1.07 (As of Jul. 18, 2026) — 53% Below Median

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MIL:GAB Gabetti Property Solutions SpA MIL:GAB
35 GF Score
Price €0.37
GF Value €0.51
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Gabetti Property Solutions SpA Cyclically Adjusted PB Ratio?

Gabetti Property Solutions SpA MIL:GAB +2.19% 35 Cyclically Adjusted PB Ratio is 1.07 as of Jul. 18, 2026, which is 53% below its 10-year median of 2.30. GuruFocus rates MIL:GAB with a GF Score™ of 35/100 and a GF Value™ of €0.51 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,437 Real Estate companies, Gabetti Property Solutions SpA ranks worse than 65.14% on this metric.

As of today (2026-07-18), Gabetti Property Solutions SpA's current share price is €0.374. Gabetti Property Solutions SpA's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was €0.35. Gabetti Property Solutions SpA's Cyclically Adjusted PB Ratio for today is 1.07.

The historical rank and industry rank for Gabetti Property Solutions SpA's Cyclically Adjusted PB Ratio or its related term are showing as below:

MIL:GAB' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.17   Med: 2.3   Max: 9.94
Current: 1.05

During the past years, Gabetti Property Solutions SpA's highest Cyclically Adjusted PB Ratio was 9.94. The lowest was 0.17. And the median was 2.30.

MIL:GAB's Cyclically Adjusted PB Ratio is ranked worse than
65.14% of 1437 companies
in the Real Estate industry
Industry Median: 0.71 vs MIL:GAB: 1.05

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.

Gabetti Property Solutions SpA's adjusted book value per share data for the three months ended in Dec. 2025 was €0.620. 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 €0.35 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gabetti Property Solutions SpA  (MIL:GAB) 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.


Gabetti Property Solutions SpA Cyclically Adjusted PB Ratio Related Terms


Gabetti Property Solutions SpA Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Gabetti Property Solutions SpA'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.

Gabetti Property Solutions SpA Cyclically Adjusted PB Ratio Chart

Gabetti Property Solutions SpA 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 0.00 0.17 1.78 7.57 1.80

Gabetti Property Solutions SpA Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 7.57 4.81 3.68 2.39 1.80

MIL:GAB vs CBRE, BEKE, JLL: Cyclically Adjusted PB Ratio Comparison

For the Real Estate Services subindustry, Gabetti Property Solutions SpA'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.


Gabetti Property Solutions SpA Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Gabetti Property Solutions SpA's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Gabetti Property Solutions SpA's Cyclically Adjusted PB Ratio falls into.


MIL:GAB
35GF Score
Gabetti Property Solutions SpA MIL:GAB
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gabetti Property Solutions SpA 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.

Gabetti Property Solutions SpA's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.374/0.35
=1.07

* 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.

Gabetti Property Solutions SpA's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, Gabetti Property Solutions SpA's adjusted Book Value per Share data for the three months ended in Dec. 2025 was:

Adj_Book=Book Value per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=0.62/122.6000*122.6000
=0.620

Current CPI (Dec. 2025) = 122.6000.

Gabetti Property Solutions SpA Quarterly Data

Book Value per Share CPI Adj_Book
201312 -1.078 99.721 -1.325
201406 0.266 100.093 0.326
201412 0.209 99.721 0.257
201506 0.145 100.279 0.177
201512 0.330 99.814 0.405
201606 0.234 99.900 0.287
201612 0.237 100.300 0.290
201706 0.227 101.100 0.275
201712 0.212 101.200 0.257
201806 0.188 102.400 0.225
201809 0.000 102.600 0.000
201812 0.207 102.300 0.248
201903 0.000 102.800 0.000
201906 0.196 103.100 0.233
201909 0.186 102.900 0.222
201912 0.218 102.800 0.260
202003 0.197 102.900 0.235
202006 0.203 102.900 0.242
202009 0.000 102.300 0.000
202012 0.236 102.600 0.282
202103 0.000 103.700 0.000
202106 0.306 104.200 0.360
202109 0.000 104.900 0.000
202112 0.372 106.600 0.428
202203 0.000 110.400 0.000
202206 0.486 112.500 0.530
202209 0.000 114.200 0.000
202212 0.567 119.000 0.584
202303 0.000 118.800 0.000
202306 0.558 119.700 0.572
202309 0.550 120.300 0.561
202312 0.598 119.700 0.612
202403 0.588 120.200 0.600
202406 0.585 120.700 0.594
202409 0.517 121.200 0.523
202412 0.618 121.200 0.625
202503 0.608 122.500 0.608
202506 0.604 122.700 0.604
202509 0.593 123.100 0.591
202512 0.620 122.600 0.620

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 1.07 mean?
Gabetti Property Solutions SpA (MIL:GAB) has a Cyclically Adjusted PB Ratio of 1.07 as of Jul. 18, 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 Gabetti Property Solutions SpA and its competitors. This is 53% below median its historical median of 2.30. Over the past decade, Gabetti Property Solutions SpA's Cyclically Adjusted PB Ratio has ranged from 0.17 to 9.94. According to the industry distribution chart, Gabetti Property Solutions SpA ranks #936 out of 1437 companies in the Real Estate industry, placing it in the top 65.1%.
Is Gabetti Property Solutions SpA's Cyclically Adjusted PB Ratio too high?
Gabetti Property Solutions SpA's current Cyclically Adjusted PB Ratio of 1.07 is 53% below median its 10-year median of 2.30. Over the past 10 years, this metric has ranged from a low of 0.17 to a high of 9.94. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.71. Gabetti Property Solutions SpA's value of 1.07 is 50.7% above this industry median. Based on the distribution chart, Gabetti Property Solutions SpA ranks #936 out of 1437 companies in the Real Estate industry, which is below the industry midpoint. Overall, Gabetti Property Solutions SpA has a GF Score™ of 35/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Gabetti Property Solutions SpA's Cyclically Adjusted PB Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Gabetti Property Solutions SpA ranks #936 out of 1437 companies for Cyclically Adjusted PB Ratio. This places Gabetti Property Solutions SpA in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.71. Gabetti Property Solutions SpA's value of 1.07 is 50.7% above this benchmark. Historically, Gabetti Property Solutions SpA's own Cyclically Adjusted PB Ratio has ranged from 0.17 to 9.94 over the past decade. While the company's 10-year median is 2.30 vs. the industry median of 0.71, Gabetti Property Solutions SpA 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 Real Estate company?
The median Cyclically Adjusted PB Ratio among Real Estate companies is 0.71, based on 1,437 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. Gabetti Property Solutions SpA's current Cyclically Adjusted PB Ratio of 1.07 is 50.7% 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 Gabetti Property Solutions SpA and its competitors. For the Real Estate industry, the median Cyclically Adjusted PB Ratio is 0.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gabetti Property Solutions SpA's current Cyclically Adjusted PB Ratio is 1.07, which is 53% below median its own 10-year median of 2.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gabetti Property Solutions SpA stock overvalued right now?
Based on GuruFocus' analysis, Gabetti Property Solutions SpA (MIL:GAB) is currently considered Modestly Undervalued. The stock's GF Value™ is €0.51, compared to a current price of €0.37 — trading 26.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.07, which is 53% below median its 10-year median of 2.30 and 50.7% above the Real Estate industry median of 0.71. Gabetti Property Solutions SpA's overall GF Score™ is 35/100 with 4 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 Gabetti Property Solutions SpA (MIL:GAB), the current Cyclically Adjusted PB Ratio is 1.07 as of Jul. 18, 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 Gabetti Property Solutions SpA (MIL:GAB) Overvalued in 2026?

Based on GuruFocus' analysis, Gabetti Property Solutions SpA stock appears to be undervalued. The current stock price of €0.37 is trading 26.7% below its estimated GF Value™ of €0.51. GuruFocus considers Gabetti Property Solutions SpA to be Modestly Undervalued.

Key valuation signals for MIL:GAB:

  • Cyclically Adjusted PB Ratio: 1.07 (53% below median its 10-year median of 2.30)
  • GF Value™: €0.51 vs. price of €0.37 (26.7% below fair value)
  • GF Score™: 35/100 with 4 warning signs
  • Industry Position: 50.7% above the Real Estate median (#936 of 1437)

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


Gabetti Property Solutions SpA Business Description

Address Via Bernardo Quaranta, 40, Milan, ITA, 20139
Gabetti Property Solutions SpA offers integrated real estate services, including brokerage, management, and development of real estate portfolios. The company's reportable operating segments are Agency and Corporate Services, Real Estate Network Services, and Other Businesses. A majority of its revenue is generated from the Real Estate Network Services segment, which provides franchising, condominium franchising, real estate franchising, user management, financial and insurance, and property redevelopment services.
35GF Score

Get the complete analysis for MIL:GAB

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

€0.37
Price
€0.51
GF Value