O (Realtyome) Cyclically Adjusted PB Ratio: 1.56 (As of Jul. 13, 2026) — 35% Below Median


O Realty Income Corp O
85 GF Score
Price $63.31
GF Value $60.60
Valuation Fairly Valued
! 8 Warning Signs
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What is Realtyome Cyclically Adjusted PB Ratio?

Realtyome O +0.22% 85 Cyclically Adjusted PB Ratio is 1.56 as of Jul. 13, 2026, which is 35% below its 10-year median of 2.41. GuruFocus rates O with a GF Score™ of 85/100 and a GF Value™ of $60.60 (Fairly Valued). The stock has 8 warning signs investors should review. Among 559 REITs companies, Realtyome ranks worse than 82.47% on this metric.

As of today (2026-07-13), Realtyome's current share price is $63.31. Realtyome's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $40.60. Realtyome's Cyclically Adjusted PB Ratio for today is 1.56.

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

O' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.37   Med: 2.41   Max: 4
Current: 1.56

During the past years, Realtyome's highest Cyclically Adjusted PB Ratio was 4.00. The lowest was 1.37. And the median was 2.41.

O's Cyclically Adjusted PB Ratio is ranked worse than
82.47% of 559 companies
in the REITs industry
Industry Median: 0.82 vs O: 1.56

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.

Realtyome's adjusted book value per share data for the three months ended in Mar. 2026 was $41.982. 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 $40.60 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Realtyome  (NYSE:O) 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.


Realtyome Cyclically Adjusted PB Ratio Related Terms


Realtyome Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Realtyome'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.

Realtyome Cyclically Adjusted PB Ratio Chart

Realtyome 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 2.52 1.94 1.63 1.42 1.42

Realtyome 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 1.51 1.48 1.54 1.42 1.51

O vs SPG, KIM, REG: Cyclically Adjusted PB Ratio Comparison

For the REIT - Retail subindustry, Realtyome'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.


Realtyome Cyclically Adjusted PB Ratio vs REITs Industry

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

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


O
85GF Score
Realty Income Corp O
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Realtyome 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.

Realtyome's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=63.31/40.60
=1.56

* 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.

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

For example, Realtyome'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)
=41.982/330.2130*330.2130
=41.982

Current CPI (Mar. 2026) = 330.2130.

Realtyome Quarterly Data

Book Value per Share CPI Adj_Book
201606 24.831 241.018 34.020
201609 24.592 241.428 33.636
201612 24.490 241.432 33.496
201703 25.764 243.801 34.896
201706 25.547 244.955 34.439
201709 26.100 246.819 34.919
201712 25.936 246.524 34.741
201803 25.557 249.554 33.817
201806 25.776 251.989 33.778
201809 26.008 252.439 34.021
201812 26.630 251.233 35.002
201903 26.279 254.202 34.137
201906 27.772 256.143 35.803
201909 28.515 256.759 36.673
201912 29.298 256.974 37.648
202003 30.250 258.115 38.700
202006 29.982 257.797 38.404
202009 29.865 260.280 37.889
202012 30.405 260.474 38.546
202103 30.882 264.877 38.500
202106 31.142 271.696 37.849
202109 32.991 274.310 39.714
202112 42.371 278.802 50.184
202203 42.393 287.504 48.691
202206 42.630 296.311 47.507
202209 42.633 296.808 47.431
202212 43.485 296.797 48.381
202303 43.462 301.836 47.548
202306 43.940 305.109 47.555
202309 43.732 307.789 46.918
202312 43.778 306.746 47.127
202403 44.773 312.332 47.336
202406 44.304 314.175 46.566
202409 43.942 315.301 46.020
202412 43.567 315.605 45.584
202503 43.221 319.799 44.628
202506 42.824 322.561 43.840
202509 42.451 324.800 43.158
202512 42.227 324.054 43.030
202603 41.982 330.213 41.982

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 1.56 mean?
Realtyome (O) has a Cyclically Adjusted PB Ratio of 1.56 as of Jul. 13, 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 Realtyome and its competitors. This is 35% below median its historical median of 2.41. Over the past decade, Realtyome's Cyclically Adjusted PB Ratio has ranged from 1.37 to 4.00. According to the industry distribution chart, Realtyome ranks #461 out of 559 companies in the REITs industry, placing it in the top 82.5%.
Is Realtyome's Cyclically Adjusted PB Ratio too high?
Realtyome's current Cyclically Adjusted PB Ratio of 1.56 is 35% below median its 10-year median of 2.41. Over the past 10 years, this metric has ranged from a low of 1.37 to a high of 4.00. The REITs industry median Cyclically Adjusted PB Ratio is 0.82. Realtyome's value of 1.56 is 90.2% above this industry median. Based on the distribution chart, Realtyome ranks #461 out of 559 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Realtyome has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Realtyome's Cyclically Adjusted PB Ratio compare to SPG and KIM?
According to the REITs industry distribution chart, Realtyome ranks #461 out of 559 companies for Cyclically Adjusted PB Ratio. This places Realtyome in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.82. Realtyome's value of 1.56 is 90.2% above this benchmark. Historically, Realtyome's own Cyclically Adjusted PB Ratio has ranged from 1.37 to 4.00 over the past decade. While the company's 10-year median is 2.41 vs. the industry median of 0.82, Realtyome 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 0.82, based on 559 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. Realtyome's current Cyclically Adjusted PB Ratio of 1.56 is 90.2% 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 Realtyome and its competitors. For the REITs industry, the median Cyclically Adjusted PB Ratio is 0.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Realtyome's current Cyclically Adjusted PB Ratio is 1.56, which is 35% below median its own 10-year median of 2.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Realtyome stock overvalued right now?
Based on GuruFocus' analysis, Realtyome (O) is currently considered Fairly Valued. The stock's GF Value™ is $60.60, compared to a current price of $63.31 — trading 4.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.56, which is 35% below median its 10-year median of 2.41 and 90.2% above the REITs industry median of 0.82. Realtyome's overall GF Score™ is 85/100 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 Realtyome (O), the current Cyclically Adjusted PB Ratio is 1.56 as of Jul. 13, 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 Realtyome (O) Overvalued in 2026?

Based on GuruFocus' analysis, Realtyome stock appears to be overvalued. The current stock price of $63.31 is trading 4.5% above its estimated GF Value™ of $60.60. GuruFocus considers Realtyome to be Fairly Valued.

Key valuation signals for O:

  • Cyclically Adjusted PB Ratio: 1.56 (35% below median its 10-year median of 2.41)
  • GF Value™: $60.60 vs. price of $63.31 (4.5% above fair value)
  • GF Score™: 85/100 with 8 warning signs
  • Industry Position: 90.2% above the REITs median (#461 of 559)

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


Realtyome Business Description

Industry Real EstateREITs
Address 11995 El Camino Real, San Diego, CA, USA, 92130
Realty Income owns roughly 15,500 properties, most of which are freestanding, single-tenant, triple-net-leased retail properties. Its properties are located in 49 states and Puerto Rico and are leased to 250 tenants from 47 industries. Recent acquisitions have added industrial, gaming, office, manufacturing, and distribution properties, which make up roughly 20% of revenue.
85GF Score

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

$63.31
Price
$60.60
GF Value