OLP (One Liberty Properties) Cyclically Adjusted PB Ratio: 1.36 (As of Jul. 07, 2026) — Near Median


OLP One Liberty Properties Inc OLP
75 GF Score
Price $25.04
GF Value $24.93
Valuation Fairly Valued
! 12 Warning Signs
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What is One Liberty Properties Cyclically Adjusted PB Ratio?

One Liberty Properties OLP -0.20% 75 Cyclically Adjusted PB Ratio is 1.36 as of Jul. 07, 2026, which is 1% below its 10-year median of 1.37. GuruFocus rates OLP with a GF Scoreâ„¢ of 75/100 and a GF Valueâ„¢ of $24.93 (Fairly Valued). The stock has 12 warning signs investors should review. Among 561 REITs companies, One Liberty Properties ranks worse than 77.54% on this metric.

As of today (2026-07-07), One Liberty Properties's current share price is $25.04. One Liberty Properties's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $18.37. One Liberty Properties's Cyclically Adjusted PB Ratio for today is 1.36.

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

OLP' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.74   Med: 1.37   Max: 1.98
Current: 1.37

During the past years, One Liberty Properties's highest Cyclically Adjusted PB Ratio was 1.98. The lowest was 0.74. And the median was 1.37.

OLP's Cyclically Adjusted PB Ratio is ranked worse than
77.54% of 561 companies
in the REITs industry
Industry Median: 0.82 vs OLP: 1.37

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.

One Liberty Properties's adjusted book value per share data for the three months ended in Mar. 2026 was $14.114. 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 $18.37 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


One Liberty Properties  (NYSE:OLP) 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.


One Liberty Properties Cyclically Adjusted PB Ratio Related Terms


One Liberty Properties Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for One Liberty Properties'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.

One Liberty Properties Cyclically Adjusted PB Ratio Chart

One Liberty Properties 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 1.97 1.20 1.18 1.48 1.11

One Liberty Properties 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 1.42 1.29 1.20 1.11 1.17

OLP vs AHRT, GOOD, FVR: Cyclically Adjusted PB Ratio Comparison

For the REIT - Diversified subindustry, One Liberty Properties'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.


One Liberty Properties Cyclically Adjusted PB Ratio vs REITs Industry

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

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


OLP
75GF Score
One Liberty Properties Inc OLP
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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One Liberty Properties 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.

One Liberty Properties's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=25.04/18.37
=1.36

* 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.

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

For example, One Liberty Properties'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)
=14.114/330.2130*330.2130
=14.114

Current CPI (Mar. 2026) = 330.2130.

One Liberty Properties Quarterly Data

Book Value per Share CPI Adj_Book
201606 15.841 241.018 21.703
201609 15.964 241.428 21.835
201612 16.485 241.432 22.547
201703 16.206 243.801 21.950
201706 16.346 244.955 22.035
201709 16.294 246.819 21.799
201712 16.251 246.524 21.768
201803 16.223 249.554 21.466
201806 16.166 251.989 21.184
201809 16.394 252.439 21.445
201812 15.860 251.233 20.846
201903 15.520 254.202 20.161
201906 15.329 256.143 19.762
201909 15.148 256.759 19.482
201912 15.104 256.974 19.409
202003 14.752 258.115 18.873
202006 14.484 257.797 18.553
202009 14.809 260.280 18.788
202012 14.627 260.474 18.543
202103 14.356 264.877 17.897
202106 15.170 271.696 18.437
202109 15.074 274.310 18.146
202112 15.086 278.802 17.868
202203 15.149 287.504 17.399
202206 15.540 296.311 17.318
202209 15.474 296.808 17.216
202212 15.517 296.797 17.264
202303 15.269 301.836 16.705
202306 15.188 305.109 16.438
202309 14.803 307.789 15.881
202312 15.091 306.746 16.246
202403 14.851 312.332 15.701
202406 14.922 314.175 15.684
202409 14.728 315.301 15.425
202412 14.853 315.605 15.540
202503 14.548 319.799 15.022
202506 14.548 322.561 14.893
202509 14.622 324.800 14.866
202512 14.324 324.054 14.596
202603 14.114 330.213 14.114

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 1.36 mean?
One Liberty Properties (OLP) has a Cyclically Adjusted PB Ratio of 1.36 as of Jul. 07, 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 One Liberty Properties and its competitors. This is near median its historical median of 1.37. Over the past decade, One Liberty Properties' Cyclically Adjusted PB Ratio has ranged from 0.74 to 1.98. According to the industry distribution chart, One Liberty Properties ranks #435 out of 561 companies in the REITs industry, placing it in the top 77.5%.
Is One Liberty Properties' Cyclically Adjusted PB Ratio too high?
One Liberty Properties' current Cyclically Adjusted PB Ratio of 1.36 is near median its 10-year median of 1.37. Over the past 10 years, this metric has ranged from a low of 0.74 to a high of 1.98. The REITs industry median Cyclically Adjusted PB Ratio is 0.82. One Liberty Properties' value of 1.36 is 65.9% above this industry median. Based on the distribution chart, One Liberty Properties ranks #435 out of 561 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, One Liberty Properties has a GF Scoreâ„¢ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does One Liberty Properties' Cyclically Adjusted PB Ratio compare to AHRT and GOOD?
According to the REITs industry distribution chart, One Liberty Properties ranks #435 out of 561 companies for Cyclically Adjusted PB Ratio. This places One Liberty Properties in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.82. One Liberty Properties' value of 1.36 is 65.9% above this benchmark. Historically, One Liberty Properties' own Cyclically Adjusted PB Ratio has ranged from 0.74 to 1.98 over the past decade. While the company's 10-year median is 1.37 vs. the industry median of 0.82, One Liberty Properties 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 561 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. One Liberty Properties's current Cyclically Adjusted PB Ratio of 1.36 is 65.9% 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 One Liberty Properties 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. One Liberty Properties's current Cyclically Adjusted PB Ratio is 1.36, which is near median its own 10-year median of 1.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is One Liberty Properties stock overvalued right now?
Based on GuruFocus' analysis, One Liberty Properties (OLP) is currently considered Fairly Valued. The stock's GF Value™ is $24.93, compared to a current price of $25.04 — trading 0.4% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.36, which is near median its 10-year median of 1.37 and 65.9% above the REITs industry median of 0.82. One Liberty Properties' overall GF Score™ is 75/100 with 12 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 One Liberty Properties (OLP), the current Cyclically Adjusted PB Ratio is 1.36 as of Jul. 07, 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 One Liberty Properties (OLP) Overvalued in 2026?

Based on GuruFocus' analysis, One Liberty Properties stock appears to be overvalued. The current stock price of $25.04 is trading 0.4% above its estimated GF Value™ of $24.93. GuruFocus considers One Liberty Properties to be Fairly Valued.

Key valuation signals for OLP:

  • Cyclically Adjusted PB Ratio: 1.36 (near median its 10-year median of 1.37)
  • GF Value™: $24.93 vs. price of $25.04 (0.4% above fair value)
  • GF Score™: 75/100 with 12 warning signs
  • Industry Position: 65.9% above the REITs median (#435 of 561)

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


One Liberty Properties Business Description

Industry Real EstateREITs
Other Exchanges O1A:Germany
Address 60 Cutter Mill Road, Suite 303, Great Neck, NY, USA, 11021
One Liberty Properties Inc is a self-administered and self-managed real estate investment trust. It acquires, owns, and manages a geographically diversified portfolio consisting mainly of industrial and, to a lesser extent, retail properties, many of which are subject to long-term net leases. The trust has approximately one hundred and two properties located across several states in the United States of America. A majority of its revenue is generated in the form of rental income.
75GF Score

Get the complete analysis for OLP

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

$25.04
Price
$24.93
GF Value