Reitir hf (OISE:REITIR) Cyclically Adjusted PB Ratio: 1.11 (As of Sep. 11, 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

OISE:REITIR Reitir hf OISE:REITIR
67 GF Score
Price kr112.50
GF Value kr127.14
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Reitir hf Cyclically Adjusted PB Ratio?

Reitir hf OISE:REITIR -0.44% 67 Cyclically Adjusted PB Ratio is 1.11 as of Sep. 11, 2026, which is 3% below its 10-year median of 1.15. GuruFocus rates OISE:REITIR with a GF Score™ of 67/100 and a GF Value™ of kr127.14 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 551 REITs companies, Reitir hf ranks worse than 72.96% on this metric.

As of today (2026-09-11), Reitir hf's current share price is kr112.50. Reitir hf's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was kr101.30. Reitir hf's Cyclically Adjusted PB Ratio for today is 1.11.

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

OISE:REITIR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.84   Med: 1.15   Max: 1.35
Current: 1.14

During the past years, Reitir hf's highest Cyclically Adjusted PB Ratio was 1.35. The lowest was 0.84. And the median was 1.15.

OISE:REITIR's Cyclically Adjusted PB Ratio is ranked worse than
72.96% of 551 companies
in the REITs industry
Industry Median: 0.78 vs OISE:REITIR: 1.14

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.

Reitir hf's adjusted book value per share data for the three months ended in Jun. 2026 was kr114.938. 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 kr101.30 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Reitir hf  (OISE:REITIR) 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.


Reitir hf Cyclically Adjusted PB Ratio Related Terms


Reitir hf Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Reitir hf'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.

Reitir hf Cyclically Adjusted PB Ratio Chart

Reitir hf 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 0.98 1.29 1.33

Reitir hf 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 1.18 1.22 1.33 1.12 1.15

OISE:REITIR vs VICI, WPC, BNL: Cyclically Adjusted PB Ratio Comparison

For the REIT - Diversified subindustry, Reitir hf'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.


Reitir hf Cyclically Adjusted PB Ratio vs REITs Industry

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

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


OISE:REITIR
67GF Score
Reitir hf OISE:REITIR
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Reitir hf 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.

Reitir hf's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=112.50/101.30
=1.11

* 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.

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

For example, Reitir hf'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)
=114.938/161.3100*161.3100
=114.938

Current CPI (Jun. 2026) = 161.3100.

Reitir hf Quarterly Data

Book Value per Share CPI Adj_Book
201609 65.698 102.457 103.436
201612 63.227 102.562 99.443
201703 64.385 102.768 101.062
201706 65.049 103.496 101.386
201709 66.549 103.871 103.349
201712 68.636 104.481 105.968
201803 69.697 105.600 106.466
201806 67.705 106.206 102.833
201809 69.788 106.727 105.480
201812 68.189 108.388 101.484
201903 65.707 108.702 97.507
201906 69.348 109.758 101.920
201909 69.322 109.922 101.730
201912 70.774 110.588 103.235
202003 65.052 111.019 94.521
202006 57.246 112.667 81.961
202009 58.387 113.772 82.783
202012 67.861 114.542 95.569
202103 68.141 115.833 94.894
202106 68.869 117.451 94.586
202109 71.910 118.723 97.705
202112 77.121 120.398 103.328
202203 76.566 123.555 99.962
202206 79.589 127.809 100.451
202209 88.159 129.810 109.552
202212 77.027 131.901 94.201
202303 73.060 135.674 86.865
202306 81.799 139.150 94.826
202309 80.377 140.147 92.514
202312 83.481 142.125 94.750
202403 83.691 144.910 93.163
202406 94.695 147.267 103.725
202409 96.292 147.722 105.149
202412 103.322 148.871 111.955
202503 105.473 150.393 113.129
202506 103.505 153.367 108.866
202509 107.842 153.800 113.108
202512 115.473 155.560 119.741
202603 112.295 158.510 114.279
202606 114.938 161.310 114.938

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 1.11 mean?
Reitir hf (OISE:REITIR) has a Cyclically Adjusted PB Ratio of 1.11 as of Sep. 11, 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 Reitir hf and its competitors. This is near median its historical median of 1.15. Over the past decade, Reitir hf's Cyclically Adjusted PB Ratio has ranged from 0.84 to 1.35. According to the industry distribution chart, Reitir hf ranks #402 out of 551 companies in the REITs industry, placing it in the top 73%.
Is Reitir hf's Cyclically Adjusted PB Ratio too high?
Reitir hf's current Cyclically Adjusted PB Ratio of 1.11 is near median its 10-year median of 1.15. Over the past 10 years, this metric has ranged from a low of 0.84 to a high of 1.35. The REITs industry median Cyclically Adjusted PB Ratio is 0.78. Reitir hf's value of 1.11 is 42.3% above this industry median. Based on the distribution chart, Reitir hf ranks #402 out of 551 companies in the REITs industry, which is below the industry midpoint. Overall, Reitir hf has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Reitir hf's Cyclically Adjusted PB Ratio compare to VICI and WPC?
According to the REITs industry distribution chart, Reitir hf ranks #402 out of 551 companies for Cyclically Adjusted PB Ratio. This places Reitir hf in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.78. Reitir hf's value of 1.11 is 42.3% above this benchmark. Historically, Reitir hf's own Cyclically Adjusted PB Ratio has ranged from 0.84 to 1.35 over the past decade. While the company's 10-year median is 1.15 vs. the industry median of 0.78, Reitir hf 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 0.78, based on 551 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. Reitir hf's current Cyclically Adjusted PB Ratio of 1.11 is 42.3% 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 Reitir hf and its competitors. For the REITs industry, the median Cyclically Adjusted PB Ratio is 0.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Reitir hf's current Cyclically Adjusted PB Ratio is 1.11, which is near median its own 10-year median of 1.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Reitir hf stock overvalued right now?
Based on GuruFocus' analysis, Reitir hf (OISE:REITIR) is currently considered Modestly Undervalued. The stock's GF Value™ is kr127.14, compared to a current price of kr112.50 — trading 11.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.11, which is near median its 10-year median of 1.15 and 42.3% above the REITs industry median of 0.78. Reitir hf's overall GF Score™ is 67/100 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 Reitir hf (OISE:REITIR), the current Cyclically Adjusted PB Ratio is 1.11 as of Sep. 11, 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 Reitir hf (OISE:REITIR) Overvalued in 2026?

Based on GuruFocus' analysis, Reitir hf stock appears to be undervalued. The current stock price of kr112.50 is trading 11.5% below its estimated GF Value™ of kr127.14. GuruFocus considers Reitir hf to be Modestly Undervalued.

Key valuation signals for OISE:REITIR:

  • Cyclically Adjusted PB Ratio: 1.11 (near median its 10-year median of 1.15)
  • GF Value™: kr127.14 vs. price of kr112.50 (11.5% below fair value)
  • GF Score™: 67/100 with 4 warning signs
  • Industry Position: 42.3% above the REITs median (#402 of 551)

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


Reitir hf Business Description

Industry Real EstateREITs
Other Exchanges 0R6P:UK
Address Kringlunni 4-12, Reykjavik, ISL, 103
Reitir fasteignafelag hf is engaged in real estate sector. The company lease property to Iceland's companies and government organizations. Its portfolio consists of retail, office and other commercial real estate.
67GF Score

Get the complete analysis for OISE:REITIR

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

kr112.50
Price
kr127.14
GF Value