STRS (Stratus Properties) Cyclically Adjusted PB Ratio: 0.87 (As of Aug. 29, 2026) — 39% Below Median

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STRS Stratus Properties Inc STRS
54 GF Score
Price $19.34
GF Value $18.15
Valuation Fairly Valued
! 8 Warning Signs
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What is Stratus Properties Cyclically Adjusted PB Ratio?

Stratus Properties STRS +3.09% 54 Cyclically Adjusted PB Ratio is 0.87 as of Aug. 29, 2026, which is 39% below its 10-year median of 1.43. GuruFocus rates STRS with a GF Score™ of 54/100 and a GF Value™ of $18.15 (Fairly Valued). The stock has 8 warning signs investors should review. Among 1,298 Real Estate companies, Stratus Properties ranks worse than 58.4% on this metric.

As of today (2026-08-29), Stratus Properties's current share price is $19.34. Stratus Properties's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $22.34. Stratus Properties's Cyclically Adjusted PB Ratio for today is 0.87.

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

STRS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.73   Med: 1.43   Max: 2.55
Current: 0.87

During the past years, Stratus Properties's highest Cyclically Adjusted PB Ratio was 2.55. The lowest was 0.73. And the median was 1.43.

STRS's Cyclically Adjusted PB Ratio is ranked worse than
58.4% of 1298 companies
in the Real Estate industry
Industry Median: 0.67 vs STRS: 0.87

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.

Stratus Properties's adjusted book value per share data for the three months ended in Mar. 2026 was $26.521. 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 $22.34 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Stratus Properties  (OTCPK:STRS) 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.


Stratus Properties Cyclically Adjusted PB Ratio Related Terms


Stratus Properties Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Stratus 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.

Stratus Properties Cyclically Adjusted PB Ratio Chart

Stratus 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 2.10 1.01 1.42 0.98 1.11

Stratus 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 0.83 0.87 0.97 1.11 1.37

STRS vs DOUG, CHCI, OZ: Cyclically Adjusted PB Ratio Comparison

For the Real Estate - Diversified subindustry, Stratus 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.


Stratus Properties Cyclically Adjusted PB Ratio vs Real Estate Industry

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

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


STRS
54GF Score
Stratus Properties Inc STRS
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Stratus 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=19.34/22.34
=0.87

* 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.

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

For example, Stratus 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)
=26.521/330.2130*330.2130
=26.521

Current CPI (Mar. 2026) = 330.2130.

Stratus Properties Quarterly Data

Book Value per Share CPI Adj_Book
201606 16.388 241.018 22.453
201609 16.195 241.428 22.151
201612 16.171 241.432 22.118
201703 14.799 243.801 20.044
201706 14.774 244.955 19.916
201709 16.472 246.819 22.037
201712 15.652 246.524 20.965
201803 15.385 249.554 20.358
201806 15.300 251.989 20.050
201809 15.022 252.439 19.650
201812 15.187 251.233 19.961
201903 15.277 254.202 19.845
201906 14.973 256.143 19.303
201909 14.578 256.759 18.748
201912 14.774 256.974 18.985
202003 14.629 258.115 18.715
202006 15.154 257.797 19.411
202009 13.323 260.280 16.903
202012 12.032 260.474 15.253
202103 13.244 264.877 16.511
202106 12.034 271.696 14.626
202109 11.589 274.310 13.951
202112 19.180 278.802 22.717
202203 19.360 287.504 22.236
202206 31.721 296.311 35.350
202209 26.649 296.808 29.648
202212 25.935 296.797 28.855
202303 25.185 301.836 27.553
202306 24.322 305.109 26.323
202309 23.978 307.789 25.725
202312 23.926 306.746 25.756
202403 24.498 312.332 25.901
202406 24.302 314.175 25.543
202409 24.285 315.301 25.434
202412 24.268 315.605 25.391
202503 23.716 319.799 24.488
202506 23.742 322.561 24.305
202509 23.189 324.800 23.575
202512 25.692 324.054 26.180
202603 26.521 330.213 26.521

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 0.87 mean?
Stratus Properties (STRS) has a Cyclically Adjusted PB Ratio of 0.87 as of Aug. 29, 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 Stratus Properties and its competitors. This is 39% below median its historical median of 1.43. Over the past decade, Stratus Properties' Cyclically Adjusted PB Ratio has ranged from 0.73 to 2.55. According to the industry distribution chart, Stratus Properties ranks #758 out of 1298 companies in the Real Estate industry, placing it in the top 58.4%.
Is Stratus Properties' Cyclically Adjusted PB Ratio too high?
Stratus Properties' current Cyclically Adjusted PB Ratio of 0.87 is 39% below median its 10-year median of 1.43. Over the past 10 years, this metric has ranged from a low of 0.73 to a high of 2.55. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.67. Stratus Properties' value of 0.87 is 29.9% above this industry median. Based on the distribution chart, Stratus Properties ranks #758 out of 1298 companies in the Real Estate industry, which is below the industry midpoint. Overall, Stratus Properties has a GF Score™ of 54/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Stratus Properties' Cyclically Adjusted PB Ratio compare to DOUG and CHCI?
According to the Real Estate industry distribution chart, Stratus Properties ranks #758 out of 1298 companies for Cyclically Adjusted PB Ratio. This places Stratus Properties in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.67. Stratus Properties' value of 0.87 is 29.9% above this benchmark. Historically, Stratus Properties' own Cyclically Adjusted PB Ratio has ranged from 0.73 to 2.55 over the past decade. While the company's 10-year median is 1.43 vs. the industry median of 0.67, Stratus 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 Real Estate company?
The median Cyclically Adjusted PB Ratio among Real Estate companies is 0.67, based on 1,298 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. Stratus Properties's current Cyclically Adjusted PB Ratio of 0.87 is 29.9% 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 Stratus Properties and its competitors. For the Real Estate industry, the median Cyclically Adjusted PB Ratio is 0.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Stratus Properties's current Cyclically Adjusted PB Ratio is 0.87, which is 39% below median its own 10-year median of 1.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Stratus Properties stock overvalued right now?
Based on GuruFocus' analysis, Stratus Properties (STRS) is currently considered Fairly Valued. The stock's GF Value™ is $18.15, compared to a current price of $19.34 — trading 6.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.87, which is 39% below median its 10-year median of 1.43 and 29.9% above the Real Estate industry median of 0.67. Stratus Properties' overall GF Score™ is 54/100 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 Stratus Properties (STRS), the current Cyclically Adjusted PB Ratio is 0.87 as of Aug. 29, 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 Stratus Properties (STRS) Overvalued in 2026?

Based on GuruFocus' analysis, Stratus Properties stock appears to be overvalued. The current stock price of $19.34 is trading 6.6% above its estimated GF Value™ of $18.15. GuruFocus considers Stratus Properties to be Fairly Valued.

Key valuation signals for STRS:

  • Cyclically Adjusted PB Ratio: 0.87 (39% below median its 10-year median of 1.43)
  • GF Value™: $18.15 vs. price of $19.34 (6.6% above fair value)
  • GF Score™: 54/100 with 8 warning signs
  • Industry Position: 29.9% above the Real Estate median (#758 of 1298)

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


Stratus Properties Business Description

Other Exchanges SR5:Germany
Address 212 Lavaca Street, Suite 300, Austin, TX, USA, 78701
Stratus Properties Inc is a diversified real estate company operating in the United States. It is engaged in the entitlement, development, management, leasing, and sale of multi-family and single-family residential and commercial real estate properties in the Austin, Texas area and other select markets in Texas. The company operates in two reportable segments: Real Estate Operations and Leasing Operations. Maximum revenue is generated from the Leasing Operations segment, which involves the leasing of commercial and residential properties developed by the company. The Real Estate Operations segment comprises properties under various stages of development: developed for sale, under development, and available for development.
54GF Score

Get the complete analysis for STRS

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

$19.34
Price
$18.15
GF Value