The historical rank and industry rank for Plymouth Industrial REIT's Cyclically Adjusted PB Ratio or its related term are showing as below:
PLYM'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.85 Med: 13.79 Max: 119.68
Current: 4.92
During the past years, Plymouth Industrial REIT's highest Cyclically Adjusted PB Ratio was 119.68. The lowest was 3.85. And the median was 13.79.
PLYM's Cyclically Adjusted PB Ratio is not ranked
in the REITs industry.
Industry Median: 0.82
vs PLYM: 4.92
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.
Plymouth Industrial REIT's adjusted book value per share data for the three months ended in Sep. 2025 was $10.551. 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 $4.47 for the trailing ten years ended in Sep. 2025.
Shiller PE for Stocks: The True Measure of Stock Valuation
Plymouth Industrial REIT (NYSE:PLYM) 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.
Plymouth Industrial REIT Cyclically Adjusted PB Ratio Related Terms
Plymouth Industrial REIT Cyclically Adjusted PB Ratio Historical Data
* Premium members only.
The historical data trend for Plymouth Industrial REIT'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.
Plymouth Industrial REIT Cyclically Adjusted PB Ratio Chart
PLYM vs IIPR, ILPT, MDV: Cyclically Adjusted PB Ratio Comparison
For the REIT - Industrial subindustry, Plymouth Industrial REIT'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.
Plymouth Industrial REIT Cyclically Adjusted PB Ratio vs REITs Industry
For the REITs industry and Real Estate sector, Plymouth Industrial REIT's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Plymouth Industrial REIT's Cyclically Adjusted PB Ratio falls into.
Plymouth Industrial REIT 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.
* 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.
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 4.92 mean?
Plymouth Industrial REIT (PLYM) has a Cyclically Adjusted PB Ratio of 4.92 as of Jul. 12, 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 Plymouth Industrial REIT and its competitors. This is 64% below median its historical median of 13.79. Over the past decade, Plymouth Industrial REIT's Cyclically Adjusted PB Ratio has ranged from 3.85 to 119.68.
Is Plymouth Industrial REIT's Cyclically Adjusted PB Ratio too high?
Plymouth Industrial REIT's current Cyclically Adjusted PB Ratio of 4.92 is 64% below median its 10-year median of 13.79. Over the past 10 years, this metric has ranged from a low of 3.85 to a high of 119.68. The REITs industry median Cyclically Adjusted PB Ratio is 0.82. Plymouth Industrial REIT's value of 4.92 is 500% above this industry median. Overall, Plymouth Industrial REIT has a GF Score™ of 54/100, reflecting its overall financial health beyond just this single metric.
How does Plymouth Industrial REIT's Cyclically Adjusted PB Ratio compare to IIPR and ILPT?
Plymouth Industrial REIT's Cyclically Adjusted PB Ratio of 4.92 can be compared against companies in the REITs industry. The industry median Cyclically Adjusted PB Ratio is 0.82. Plymouth Industrial REIT's value of 4.92 is 500% above this benchmark. Historically, Plymouth Industrial REIT's own Cyclically Adjusted PB Ratio has ranged from 3.85 to 119.68 over the past decade. While the company's 10-year median is 13.79 vs. the industry median of 0.82, Plymouth Industrial REIT 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. Plymouth Industrial REIT's current Cyclically Adjusted PB Ratio of 4.92 is 500% 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 Plymouth Industrial REIT 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. Plymouth Industrial REIT's current Cyclically Adjusted PB Ratio is 4.92, which is 64% below median its own 10-year median of 13.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Plymouth Industrial REIT stock overvalued right now?
Plymouth Industrial REIT (PLYM) has a current Cyclically Adjusted PB Ratio of 4.92. The stock's GF Value™ is $20.52, compared to a current price of $21.98 — trading 7.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 4.92, which is 64% below median its 10-year median of 13.79 and 500% above the REITs industry median of 0.82. Plymouth Industrial REIT's overall GF Score™ is 54/100 with 11 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 Plymouth Industrial REIT (PLYM), the current Cyclically Adjusted PB Ratio is 4.92 as of Jul. 12, 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 Plymouth Industrial REIT (PLYM) Overvalued in 2026?
Based on GuruFocus' analysis, Plymouth Industrial REIT stock appears to be overvalued.
The current stock price of $21.98 is trading 7.1% above its estimated GF Value™ of $20.52.
Key valuation signals for PLYM:
Cyclically Adjusted PB Ratio: 4.92 (64% below median its 10-year median of 13.79)
GF Value™: $20.52 vs. price of $21.98 (7.1% above fair value)
No single metric tells the full story. See the PLYM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Plymouth Industrial REIT Inc is a full-service, vertically integrated, self-administered, and self-managed Maryland corporation. It is focused on the acquisition, ownership, and management of single and multi-tenant Class B industrial properties, including distribution centers, warehouses, and light industrial properties, located in secondary and primary markets across the United States. The company has one reportable segment, which is Industrial properties. The majority of its property portfolio is spread across Florida, Ohio, Indiana, Tennessee, Illinois and Georgia, among others. It receives income from the rental revenue through its properties.
54GF 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.
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