SBBSF (Alpha Integrated REIT) Cyclically Adjusted PB Ratio: 0.99 (As of Aug. 13, 2026) — 87% Above Median

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SBBSF Alpha Integrated REIT SBBSF
51 GF Score
Price $0.44
GF Value $0.39
Valuation Modestly Overvalued
! 12 Warning Signs
View Full Analysis

What is Alpha Integrated REIT Cyclically Adjusted PB Ratio?

Alpha Integrated REIT SBBSF 51 Cyclically Adjusted PB Ratio is 0.99 as of Aug. 13, 2026, which is 87% above its 10-year median of 0.53. GuruFocus rates SBBSF with a GF Score™ of 51/100 and a GF Value™ of $0.39 (Modestly Overvalued). The stock has 12 warning signs investors should review. Among 554 REITs companies, Alpha Integrated REIT ranks better than 53.97% on this metric.

As of today (2026-08-13), Alpha Integrated REIT's current share price is $0.4364. Alpha Integrated REIT's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was $0.44. Alpha Integrated REIT's Cyclically Adjusted PB Ratio for today is 0.99.

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

SBBSF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.43   Med: 0.53   Max: 0.79
Current: 0.74

During the past 13 years, Alpha Integrated REIT's highest Cyclically Adjusted PB Ratio was 0.79. The lowest was 0.43. And the median was 0.53.

SBBSF's Cyclically Adjusted PB Ratio is ranked better than
53.97% of 554 companies
in the REITs industry
Industry Median: 0.81 vs SBBSF: 0.74

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.

Alpha Integrated REIT's adjusted book value per share data of for the fiscal year that ended in Dec25 was $0.408. 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 $0.44 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Alpha Integrated REIT  (OTCPK:SBBSF) 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.


Alpha Integrated REIT Cyclically Adjusted PB Ratio Related Terms


Alpha Integrated REIT Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Alpha Integrated 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.

Alpha Integrated REIT Cyclically Adjusted PB Ratio Chart

Alpha Integrated REIT 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 0.55 0.55 0.54 0.52 0.73

Alpha Integrated REIT Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 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 0.37 0.52 0.47 0.73 0.60

SBBSF vs PLD, PSA, EXR: Cyclically Adjusted PB Ratio Comparison

For the REIT - Industrial subindustry, Alpha Integrated 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.


Alpha Integrated REIT Cyclically Adjusted PB Ratio vs REITs Industry

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

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


SBBSF
51GF Score
Alpha Integrated REIT SBBSF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Alpha Integrated 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.

Alpha Integrated REIT's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.4364/0.44
=0.99

* 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.

Alpha Integrated REIT's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Alpha Integrated REIT's adjusted Book Value per Share data for the fiscal year that ended in Dec25 was:

Adj_Book=Book Value per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=0.408/324.0540*324.0540
=0.408

Current CPI (Dec25) = 324.0540.

Alpha Integrated REIT Annual Data

Book Value per Share CPI Adj_Book
201612 0.524 241.432 0.703
201712 0.403 246.524 0.530
201812 0.419 251.233 0.540
201912 0.417 256.974 0.526
202012 0.385 260.474 0.479
202112 0.381 278.802 0.443
202212 0.395 296.797 0.431
202312 0.389 306.746 0.411
202412 0.372 315.605 0.382
202512 0.408 324.054 0.408

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 0.99 mean?
Alpha Integrated REIT (SBBSF) has a Cyclically Adjusted PB Ratio of 0.99 as of Aug. 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 Alpha Integrated REIT and its competitors. This is 87% above median its historical median of 0.53. Over the past decade, Alpha Integrated REIT's Cyclically Adjusted PB Ratio has ranged from 0.43 to 0.79. According to the industry distribution chart, Alpha Integrated REIT ranks #255 out of 554 companies in the REITs industry, placing it in the top 46%.
Is Alpha Integrated REIT's Cyclically Adjusted PB Ratio too high?
Alpha Integrated REIT's current Cyclically Adjusted PB Ratio of 0.99 is 87% above median its 10-year median of 0.53. Over the past 10 years, this metric has ranged from a low of 0.43 to a high of 0.79. The REITs industry median Cyclically Adjusted PB Ratio is 0.81. Alpha Integrated REIT's value of 0.99 is 22.2% above this industry median. Based on the distribution chart, Alpha Integrated REIT ranks #255 out of 554 companies in the REITs industry, which is above the industry midpoint. Overall, Alpha Integrated REIT has a GF Score™ of 51/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Alpha Integrated REIT's Cyclically Adjusted PB Ratio compare to PLD and PSA?
According to the REITs industry distribution chart, Alpha Integrated REIT ranks #255 out of 554 companies for Cyclically Adjusted PB Ratio. This puts Alpha Integrated REIT in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.81. Alpha Integrated REIT's value of 0.99 is 22.2% above this benchmark. Historically, Alpha Integrated REIT's own Cyclically Adjusted PB Ratio has ranged from 0.43 to 0.79 over the past decade. While the company's 10-year median is 0.53 vs. the industry median of 0.81, Alpha Integrated 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 0.81, based on 554 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. Alpha Integrated REIT's current Cyclically Adjusted PB Ratio of 0.99 is 22.2% 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 Alpha Integrated REIT and its competitors. For the REITs industry, the median Cyclically Adjusted PB Ratio is 0.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alpha Integrated REIT's current Cyclically Adjusted PB Ratio is 0.99, which is 87% above median its own 10-year median of 0.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alpha Integrated REIT stock overvalued right now?
Based on GuruFocus' analysis, Alpha Integrated REIT (SBBSF) is currently considered Modestly Overvalued. The stock's GF Value™ is $0.39, compared to a current price of $0.44 — trading 11.9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.99, which is 87% above median its 10-year median of 0.53 and 22.2% above the REITs industry median of 0.81. Alpha Integrated REIT's overall GF Score™ is 51/100 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 Alpha Integrated REIT (SBBSF), the current Cyclically Adjusted PB Ratio is 0.99 as of Aug. 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 Alpha Integrated REIT (SBBSF) Overvalued in 2026?

Based on GuruFocus' analysis, Alpha Integrated REIT stock appears to be overvalued. The current stock price of $0.44 is trading 11.9% above its estimated GF Value™ of $0.39. GuruFocus considers Alpha Integrated REIT to be Modestly Overvalued.

Key valuation signals for SBBSF:

  • Cyclically Adjusted PB Ratio: 0.99 (87% above median its 10-year median of 0.53)
  • GF Value™: $0.39 vs. price of $0.44 (11.9% above fair value)
  • GF Score™: 51/100 with 12 warning signs
  • Industry Position: 22.2% above the REITs median (#255 of 554)

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


Alpha Integrated REIT Business Description

Industry Real EstateREITs
Other Exchanges M1GU:Singapore
Address 10 Marina Boulevard, Marina Bay Financial Centre, Tower 2, No. 48-01, Singapore, SGP, 018983
Alpha Integrated REIT is a Singapore-listed real estate investment trust that focused on high-quality industrial assets. Its reportable segments include: High-Tech Industrial, Chemical Warehouse & Logistics, Warehouse & Logistics, and General Industrial. The company generates maximum revenue from High-Tech Industrial segment. Geographically, all its activities are carried in Singapore. AI-REIT Management operates with a singular focus on delivering long-term value to unitholders through active asset management, disciplined capital deployment, and strategic portfolio optimization.
51GF Score

Get the complete analysis for SBBSF

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

$0.44
Price
$0.39
GF Value