Allied Properties Real Estate Investment Trust (STU:5G8) Cyclically Adjusted PB Ratio: 0.19 (As of Aug. 18, 2026) — 82% Below Median

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STU:5G8 Allied Properties Real Estate Investment Trust STU:5G8
45 GF Score
Price €5.63
GF Value €8.74
Valuation Possible Value Trap
! 9 Warning Signs
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What is Allied Properties Real Estate Investment Trust Cyclically Adjusted PB Ratio?

Allied Properties Real Estate Investment Trust STU:5G8 -1.59% 45 Cyclically Adjusted PB Ratio is 0.19 as of Aug. 18, 2026, which is 82% below its 10-year median of 1.08. GuruFocus rates STU:5G8 with a GF Score™ of 45/100 and a GF Value™ of €8.74 (Possible Value Trap). The stock has 9 warning signs investors should review. Among 549 REITs companies, Allied Properties Real Estate Investment Trust ranks better than 93.26% on this metric.

As of today (2026-08-18), Allied Properties Real Estate Investment Trust's current share price is €5.632. Allied Properties Real Estate Investment Trust's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €29.84. Allied Properties Real Estate Investment Trust's Cyclically Adjusted PB Ratio for today is 0.19.

The historical rank and industry rank for Allied Properties Real Estate Investment Trust's Cyclically Adjusted PB Ratio or its related term are showing as below:

STU:5G8' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.18   Med: 1.08   Max: 1.81
Current: 0.19

During the past years, Allied Properties Real Estate Investment Trust's highest Cyclically Adjusted PB Ratio was 1.81. The lowest was 0.18. And the median was 1.08.

STU:5G8's Cyclically Adjusted PB Ratio is ranked better than
93.26% of 549 companies
in the REITs industry
Industry Median: 0.8 vs STU:5G8: 0.19

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.

Allied Properties Real Estate Investment Trust's adjusted book value per share data for the three months ended in Jun. 2026 was €12.096. 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 €29.84 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Allied Properties Real Estate Investment Trust  (STU:5G8) 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.


Allied Properties Real Estate Investment Trust Cyclically Adjusted PB Ratio Related Terms


Allied Properties Real Estate Investment Trust Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Allied Properties Real Estate Investment Trust'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.

Allied Properties Real Estate Investment Trust Cyclically Adjusted PB Ratio Chart

Allied Properties Real Estate Investment Trust 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 1.08 0.57 0.43 0.35 0.27

Allied Properties Real Estate Investment Trust 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 0.35 0.42 0.27 0.19 0.20

STU:5G8 vs BXP, ARE, VNO: Cyclically Adjusted PB Ratio Comparison

For the REIT - Office subindustry, Allied Properties Real Estate Investment Trust'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.


Allied Properties Real Estate Investment Trust Cyclically Adjusted PB Ratio vs REITs Industry

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

* The bar in red indicates where Allied Properties Real Estate Investment Trust's Cyclically Adjusted PB Ratio falls into.


STU:5G8
45GF Score
Allied Properties Real Estate Investment Trust STU:5G8
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Allied Properties Real Estate Investment Trust 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.

Allied Properties Real Estate Investment Trust's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.632/29.84
=0.19

* 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.

Allied Properties Real Estate Investment Trust's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Allied Properties Real Estate Investment Trust'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)
=12.096/133.5265*133.5265
=12.096

Current CPI (Jun. 2026) = 133.5265.

Allied Properties Real Estate Investment Trust Quarterly Data

Book Value per Share CPI Adj_Book
201609 23.176 101.765 30.409
201612 25.343 101.449 33.356
201703 25.275 102.634 32.883
201706 24.861 103.029 32.220
201709 25.893 103.345 33.455
201712 25.271 103.345 32.651
201803 24.261 105.004 30.851
201806 25.764 105.557 32.591
201809 27.078 105.636 34.227
201812 27.555 105.399 34.909
201903 28.542 106.979 35.625
201906 29.165 107.690 36.162
201909 30.478 107.611 37.818
201912 31.814 107.769 39.418
202003 31.229 107.927 38.636
202006 31.795 108.401 39.164
202009 30.986 108.164 38.252
202012 31.149 108.559 38.313
202103 32.559 110.298 39.416
202106 33.332 111.720 39.838
202109 33.204 112.905 39.269
202112 34.781 113.774 40.819
202203 33.693 117.646 38.241
202206 34.932 120.806 38.610
202209 35.741 120.648 39.556
202212 32.720 120.964 36.118
202303 31.777 122.702 34.580
202306 34.020 124.203 36.574
202309 33.459 125.230 35.676
202312 30.003 125.072 32.031
202403 29.461 126.258 31.157
202406 29.241 127.522 30.618
202409 27.972 127.285 29.344
202412 26.679 127.364 27.970
202503 24.878 129.181 25.715
202506 23.802 129.892 24.468
202509 22.357 130.287 22.913
202512 17.789 130.366 18.220
202603 14.090 132.262 14.225
202606 12.096 133.527 12.096

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 0.19 mean?
Allied Properties Real Estate Investment Trust (STU:5G8) has a Cyclically Adjusted PB Ratio of 0.19 as of Aug. 18, 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 Allied Properties Real Estate Investment Trust and its competitors. This is 82% below median its historical median of 1.08. Over the past decade, Allied Properties Real Estate Investment Trust's Cyclically Adjusted PB Ratio has ranged from 0.18 to 1.81. According to the industry distribution chart, Allied Properties Real Estate Investment Trust ranks #37 out of 549 companies in the REITs industry, placing it in the top 6.7%.
Is Allied Properties Real Estate Investment Trust's Cyclically Adjusted PB Ratio too high?
Allied Properties Real Estate Investment Trust's current Cyclically Adjusted PB Ratio of 0.19 is 82% below median its 10-year median of 1.08. Over the past 10 years, this metric has ranged from a low of 0.18 to a high of 1.81. The REITs industry median Cyclically Adjusted PB Ratio is 0.80. Allied Properties Real Estate Investment Trust's value of 0.19 is 76.3% below this industry median. Based on the distribution chart, Allied Properties Real Estate Investment Trust ranks #37 out of 549 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Allied Properties Real Estate Investment Trust has a GF Score™ of 45/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Allied Properties Real Estate Investment Trust's Cyclically Adjusted PB Ratio compare to BXP and ARE?
According to the REITs industry distribution chart, Allied Properties Real Estate Investment Trust ranks #37 out of 549 companies for Cyclically Adjusted PB Ratio. This places Allied Properties Real Estate Investment Trust in the top 7% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 0.80. Allied Properties Real Estate Investment Trust's value of 0.19 is 76.3% below this benchmark. Historically, Allied Properties Real Estate Investment Trust's own Cyclically Adjusted PB Ratio has ranged from 0.18 to 1.81 over the past decade. While the company's 10-year median is 1.08 vs. the industry median of 0.80, Allied Properties Real Estate Investment Trust has consistently been below 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 0.80, based on 549 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. Allied Properties Real Estate Investment Trust's current Cyclically Adjusted PB Ratio of 0.19 is 76.3% below 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 Allied Properties Real Estate Investment Trust and its competitors. For the REITs industry, the median Cyclically Adjusted PB Ratio is 0.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Allied Properties Real Estate Investment Trust's current Cyclically Adjusted PB Ratio is 0.19, which is 82% below median its own 10-year median of 1.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Allied Properties Real Estate Investment Trust stock overvalued right now?
Based on GuruFocus' analysis, Allied Properties Real Estate Investment Trust (STU:5G8) is currently considered Possible Value Trap. The stock's GF Value™ is €8.74, compared to a current price of €5.63 — trading 35.6% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.19, which is 82% below median its 10-year median of 1.08 and 76.3% below the REITs industry median of 0.80. Allied Properties Real Estate Investment Trust's overall GF Score™ is 45/100 with 9 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 Allied Properties Real Estate Investment Trust (STU:5G8), the current Cyclically Adjusted PB Ratio is 0.19 as of Aug. 18, 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 Allied Properties Real Estate Investment Trust (STU:5G8) Overvalued in 2026?

Based on GuruFocus' analysis, Allied Properties Real Estate Investment Trust stock appears to be undervalued. The current stock price of €5.63 is trading 35.6% below its estimated GF Value™ of €8.74. GuruFocus considers Allied Properties Real Estate Investment Trust to be Possible Value Trap.

Key valuation signals for STU:5G8:

  • Cyclically Adjusted PB Ratio: 0.19 (82% below median its 10-year median of 1.08)
  • GF Value™: €8.74 vs. price of €5.63 (35.6% below fair value)
  • GF Score™: 45/100 with 9 warning signs
  • Industry Position: 76.3% below the REITs median (#37 of 549)

No single metric tells the full story. See the STU:5G8 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Allied Properties Real Estate Investment Trust Business Description

Industry Real EstateREITs
Other Exchanges APYRF:USAAP.UN:Canada
Address 134 Peter Street, Suite 1700, Toronto, ON, CAN, M5V 2H2
Allied Properties Real Estate Investment Trust is a real estate investment trust engaged in the development, management, and ownership of urban office environments across Canadian cities. Maximum of the total square footage in the company's real estate portfolio is located in Toronto, Calgary, Vancouver and Montreal. Allied Properties derives nearly all of its income in the form of rental revenue from tenants in its properties. The majority of this revenue comes from its assets located in Central Canada. Allied Properties' maximum tenants include IT, banking, government, marketing, and telecommunications firms. The company also controls a number of telecommunications / IT and retail properties within its real estate portfolio.
45GF Score

Get the complete analysis for STU:5G8

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

€5.63
Price
€8.74
GF Value