NXRT (NexPoint Residential Trust) Cyclically Adjusted PB Ratio: 1.49 (As of Jul. 19, 2026) — 23% Below Median

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NXRT NexPoint Residential Trust Inc NXRT
70 GF Score
Price $26.59
GF Value $33.95
Valuation Modestly Undervalued
! 5 Warning Signs
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What is NexPoint Residential Trust Cyclically Adjusted PB Ratio?

NexPoint Residential Trust NXRT -3.34% 70 Cyclically Adjusted PB Ratio is 1.49 as of Jul. 19, 2026, which is 23% below its 10-year median of 1.93. GuruFocus rates NXRT with a GF Score™ of 70/100 and a GF Value™ of $33.95 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 558 REITs companies, NexPoint Residential Trust ranks worse than 79.75% on this metric.

As of today (2026-07-19), NexPoint Residential Trust's current share price is $26.59. NexPoint Residential Trust's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $17.88. NexPoint Residential Trust's Cyclically Adjusted PB Ratio for today is 1.49.

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

NXRT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.36   Med: 1.93   Max: 2.77
Current: 1.49

During the past years, NexPoint Residential Trust's highest Cyclically Adjusted PB Ratio was 2.77. The lowest was 1.36. And the median was 1.93.

NXRT's Cyclically Adjusted PB Ratio is ranked worse than
79.75% of 558 companies
in the REITs industry
Industry Median: 0.83 vs NXRT: 1.49

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.

NexPoint Residential Trust's adjusted book value per share data for the three months ended in Mar. 2026 was $10.687. 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 $17.88 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


NexPoint Residential Trust  (NYSE:NXRT) 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.


NexPoint Residential Trust Cyclically Adjusted PB Ratio Related Terms


NexPoint Residential Trust Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for NexPoint Residential 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.

NexPoint Residential Trust Cyclically Adjusted PB Ratio Chart

NexPoint Residential 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 0.00 0.00 2.08 2.41 1.71

NexPoint Residential 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 2.25 1.89 1.82 1.71 1.40

NXRT vs CSR, AIV, BRT: Cyclically Adjusted PB Ratio Comparison

For the REIT - Residential subindustry, NexPoint Residential 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.


NexPoint Residential Trust Cyclically Adjusted PB Ratio vs REITs Industry

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

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


NXRT
70GF Score
NexPoint Residential Trust Inc NXRT
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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NexPoint Residential 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.

NexPoint Residential Trust's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=26.59/17.88
=1.49

* 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.

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

For example, NexPoint Residential 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)
=10.687/330.2130*330.2130
=10.687

Current CPI (Mar. 2026) = 330.2130.

NexPoint Residential Trust Quarterly Data

Book Value per Share CPI Adj_Book
201606 10.673 241.018 14.623
201609 10.739 241.428 14.688
201612 11.003 241.432 15.049
201703 10.680 243.801 14.465
201706 9.277 244.955 12.506
201709 11.572 246.819 15.482
201712 11.375 246.524 15.237
201803 11.838 249.554 15.664
201806 11.565 251.989 15.155
201809 11.131 252.439 14.560
201812 12.597 251.233 16.557
201903 11.856 254.202 15.401
201906 11.356 256.143 14.640
201909 16.928 256.759 21.771
201912 16.884 256.974 21.696
202003 15.780 258.115 20.188
202006 14.586 257.797 18.683
202009 15.928 260.280 20.208
202012 16.306 260.474 20.672
202103 16.854 264.877 21.011
202106 16.194 271.696 19.682
202109 16.055 274.310 19.327
202112 18.425 278.802 21.823
202203 19.944 287.504 22.907
202206 19.888 296.311 22.163
202209 20.808 296.808 23.150
202212 20.340 296.797 22.630
202303 19.021 301.836 20.809
202306 19.017 305.109 20.582
202309 20.013 307.789 21.471
202312 19.266 306.746 20.740
202403 19.894 312.332 21.033
202406 19.333 314.175 20.320
202409 17.601 315.301 18.433
202412 16.154 315.605 16.902
202503 14.857 319.799 15.341
202506 13.716 322.561 14.041
202509 12.732 324.800 12.944
202512 11.650 324.054 11.871
202603 10.687 330.213 10.687

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 1.49 mean?
NexPoint Residential Trust (NXRT) has a Cyclically Adjusted PB Ratio of 1.49 as of Jul. 19, 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 NexPoint Residential Trust and its competitors. This is 23% below median its historical median of 1.93. Over the past decade, NexPoint Residential Trust's Cyclically Adjusted PB Ratio has ranged from 1.36 to 2.77. According to the industry distribution chart, NexPoint Residential Trust ranks #445 out of 558 companies in the REITs industry, placing it in the top 79.7%.
Is NexPoint Residential Trust's Cyclically Adjusted PB Ratio too high?
NexPoint Residential Trust's current Cyclically Adjusted PB Ratio of 1.49 is 23% below median its 10-year median of 1.93. Over the past 10 years, this metric has ranged from a low of 1.36 to a high of 2.77. The REITs industry median Cyclically Adjusted PB Ratio is 0.83. NexPoint Residential Trust's value of 1.49 is 79.5% above this industry median. Based on the distribution chart, NexPoint Residential Trust ranks #445 out of 558 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, NexPoint Residential Trust has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does NexPoint Residential Trust's Cyclically Adjusted PB Ratio compare to CSR and AIV?
According to the REITs industry distribution chart, NexPoint Residential Trust ranks #445 out of 558 companies for Cyclically Adjusted PB Ratio. This places NexPoint Residential Trust in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.83. NexPoint Residential Trust's value of 1.49 is 79.5% above this benchmark. Historically, NexPoint Residential Trust's own Cyclically Adjusted PB Ratio has ranged from 1.36 to 2.77 over the past decade. While the company's 10-year median is 1.93 vs. the industry median of 0.83, NexPoint Residential Trust 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 0.83, based on 558 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. NexPoint Residential Trust's current Cyclically Adjusted PB Ratio of 1.49 is 79.5% 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 NexPoint Residential Trust and its competitors. For the REITs industry, the median Cyclically Adjusted PB Ratio is 0.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NexPoint Residential Trust's current Cyclically Adjusted PB Ratio is 1.49, which is 23% below median its own 10-year median of 1.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NexPoint Residential Trust stock overvalued right now?
Based on GuruFocus' analysis, NexPoint Residential Trust (NXRT) is currently considered Modestly Undervalued. The stock's GF Value™ is $33.95, compared to a current price of $26.59 — trading 21.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.49, which is 23% below median its 10-year median of 1.93 and 79.5% above the REITs industry median of 0.83. NexPoint Residential Trust's overall GF Score™ is 70/100 with 5 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 NexPoint Residential Trust (NXRT), the current Cyclically Adjusted PB Ratio is 1.49 as of Jul. 19, 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 NexPoint Residential Trust (NXRT) Overvalued in 2026?

Based on GuruFocus' analysis, NexPoint Residential Trust stock appears to be undervalued. The current stock price of $26.59 is trading 21.7% below its estimated GF Value™ of $33.95. GuruFocus considers NexPoint Residential Trust to be Modestly Undervalued.

Key valuation signals for NXRT:

  • Cyclically Adjusted PB Ratio: 1.49 (23% below median its 10-year median of 1.93)
  • GF Value™: $33.95 vs. price of $26.59 (21.7% below fair value)
  • GF Score™: 70/100 with 5 warning signs
  • Industry Position: 79.5% above the REITs median (#445 of 558)

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


NexPoint Residential Trust Business Description

Industry Real EstateREITs
Other Exchanges 5O4:Germany
Address 300 Crescent Court, Suite 700, Dallas, TX, USA, 75201
NexPoint Residential Trust Inc is a real estate investment trust company. The trust's objectives are to maximize the cash flow and value of properties owned, acquire properties with cash flow growth potential, provide quarterly cash distributions, and achieve long-term capital appreciation for stockholders. It focuses on acquiring multifamily properties in markets with attractive job growth and household formation fundamentals predominantly in the Southeastern and Southwestern United States. The company generates revenue from the rental of multifamily properties.
70GF Score

Get the complete analysis for NXRT

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

$26.59
Price
$33.95
GF Value