NMRK (Newmark Group) Cyclically Adjusted PB Ratio: 2.48 (As of Aug. 20, 2026) — Near Median

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NMRK Newmark Group Inc NMRK
81 GF Score
Price $15.98
GF Value $14.79
Valuation Fairly Valued
! 6 Warning Signs
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What is Newmark Group Cyclically Adjusted PB Ratio?

Newmark Group NMRK -2.74% 81 Cyclically Adjusted PB Ratio is 2.48 as of Aug. 20, 2026, which is 4% above its 10-year median of 2.38. GuruFocus rates NMRK with a GF Score™ of 81/100 and a GF Value™ of $14.79 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,381 Real Estate companies, Newmark Group ranks worse than 87.62% on this metric.

As of today (2026-08-20), Newmark Group's current share price is $15.98. Newmark Group's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $6.45. Newmark Group's Cyclically Adjusted PB Ratio for today is 2.48.

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

NMRK' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.2   Med: 2.38   Max: 2.63
Current: 2.55

During the past years, Newmark Group's highest Cyclically Adjusted PB Ratio was 2.63. The lowest was 2.20. And the median was 2.38.

NMRK's Cyclically Adjusted PB Ratio is ranked worse than
87.62% of 1381 companies
in the Real Estate industry
Industry Median: 0.68 vs NMRK: 2.55

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.

Newmark Group's adjusted book value per share data for the three months ended in Jun. 2026 was $7.956. 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 $6.45 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Newmark Group  (NAS:NMRK) 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.


Newmark Group Cyclically Adjusted PB Ratio Related Terms


Newmark Group Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Newmark Group'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.

Newmark Group Cyclically Adjusted PB Ratio Chart

Newmark Group 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 0.00 0.00 0.00 0.00

Newmark Group 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 0.00 0.00 0.00 2.36 2.34

NMRK vs IHS, CWK, OPEN: Cyclically Adjusted PB Ratio Comparison

For the Real Estate Services subindustry, Newmark Group'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.


Newmark Group Cyclically Adjusted PB Ratio vs Real Estate Industry

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

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


NMRK
81GF Score
Newmark Group Inc NMRK
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Newmark Group 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.

Newmark Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=15.98/6.45
=2.48

* 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.

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

For example, Newmark Group'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)
=7.956/333.9520*333.9520
=7.956

Current CPI (Jun. 2026) = 333.9520.

Newmark Group Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.000 241.428 0.000
201612 6.483 241.432 8.967
201703 0.000 243.801 0.000
201706 7.135 244.955 9.727
201709 8.391 246.819 11.353
201712 1.686 246.524 2.284
201803 1.900 249.554 2.543
201806 1.853 251.989 2.456
201809 2.162 252.439 2.860
201812 3.185 251.233 4.234
201903 3.156 254.202 4.146
201906 3.146 256.143 4.102
201909 3.463 256.759 4.504
201912 3.377 256.974 4.389
202003 3.223 258.115 4.170
202006 3.198 257.797 4.143
202009 3.606 260.280 4.627
202012 3.590 260.474 4.603
202103 3.738 264.877 4.713
202106 6.095 271.696 7.492
202109 6.417 274.310 7.812
202112 6.742 278.802 8.076
202203 6.635 287.504 7.707
202206 6.613 296.311 7.453
202209 6.739 296.808 7.582
202212 6.881 296.797 7.742
202303 6.798 301.836 7.521
202306 6.868 305.109 7.517
202309 6.891 307.789 7.477
202312 7.204 306.746 7.843
202403 7.080 312.332 7.570
202406 7.005 314.175 7.446
202409 6.960 315.301 7.372
202412 7.058 315.605 7.468
202503 7.212 319.799 7.531
202506 7.287 322.561 7.544
202509 7.652 324.800 7.868
202512 8.033 324.054 8.278
202603 7.891 330.213 7.980
202606 7.956 333.952 7.956

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 2.48 mean?
Newmark Group (NMRK) has a Cyclically Adjusted PB Ratio of 2.48 as of Aug. 20, 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 Newmark Group and its competitors. This is near median its historical median of 2.38. Over the past decade, Newmark Group's Cyclically Adjusted PB Ratio has ranged from 2.20 to 2.63. According to the industry distribution chart, Newmark Group ranks #1210 out of 1381 companies in the Real Estate industry, placing it in the top 87.6%.
Is Newmark Group's Cyclically Adjusted PB Ratio too high?
Newmark Group's current Cyclically Adjusted PB Ratio of 2.48 is near median its 10-year median of 2.38. Over the past 10 years, this metric has ranged from a low of 2.20 to a high of 2.63. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.68. Newmark Group's value of 2.48 is 264.7% above this industry median. Based on the distribution chart, Newmark Group ranks #1210 out of 1381 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Newmark Group has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Newmark Group's Cyclically Adjusted PB Ratio compare to IHS and CWK?
According to the Real Estate industry distribution chart, Newmark Group ranks #1210 out of 1381 companies for Cyclically Adjusted PB Ratio. This places Newmark Group in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.68. Newmark Group's value of 2.48 is 264.7% above this benchmark. Historically, Newmark Group's own Cyclically Adjusted PB Ratio has ranged from 2.20 to 2.63 over the past decade. While the company's 10-year median is 2.38 vs. the industry median of 0.68, Newmark Group 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 0.68, based on 1,381 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. Newmark Group's current Cyclically Adjusted PB Ratio of 2.48 is 264.7% 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 Newmark Group and its competitors. For the Real Estate industry, the median Cyclically Adjusted PB Ratio is 0.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Newmark Group's current Cyclically Adjusted PB Ratio is 2.48, which is near median its own 10-year median of 2.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Newmark Group stock overvalued right now?
Based on GuruFocus' analysis, Newmark Group (NMRK) is currently considered Fairly Valued. The stock's GF Value™ is $14.79, compared to a current price of $15.98 — trading 8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.48, which is near median its 10-year median of 2.38 and 264.7% above the Real Estate industry median of 0.68. Newmark Group's overall GF Score™ is 81/100 with 6 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 Newmark Group (NMRK), the current Cyclically Adjusted PB Ratio is 2.48 as of Aug. 20, 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 Newmark Group (NMRK) Overvalued in 2026?

Based on GuruFocus' analysis, Newmark Group stock appears to be overvalued. The current stock price of $15.98 is trading 8% above its estimated GF Value™ of $14.79. GuruFocus considers Newmark Group to be Fairly Valued.

Key valuation signals for NMRK:

  • Cyclically Adjusted PB Ratio: 2.48 (near median its 10-year median of 2.38)
  • GF Value™: $14.79 vs. price of $15.98 (8% above fair value)
  • GF Score™: 81/100 with 6 warning signs
  • Industry Position: 264.7% above the Real Estate median (#1210 of 1381)

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


Newmark Group Business Description

Other Exchanges NMB:Germany
Address 125 Park Avenue, New York, NY, USA, 10017
Newmark Group Inc is a commercial real estate advisory firm. It offers services, including leasing and corporate advisory services, investment sales, commercial mortgage brokerage, appraisal and valuation, project management, and property, among others. Newmark offers a diverse array of integrated services and products designed to meet the full needs of both real estate investors/owners and occupiers. The company provides real estate strategic consulting and systems integration services to CFI's clients including many Fortune and Forbes companies, owner-occupiers, government agencies, healthcare, and higher education clients.
81GF Score

Get the complete analysis for NMRK

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

$15.98
Price
$14.79
GF Value