Getty Realty (STU:GRL) Cyclically Adjusted PB Ratio: (As of Sep. 20, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

STU:GRL Getty Realty Corp STU:GRL
86 GF Score
Price €25.72
GF Value €26.49
Valuation Fairly Valued
! 3 Warning Signs
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What is Getty Realty Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Getty Realty  (STU:GRL) 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.


Getty Realty Cyclically Adjusted PB Ratio Related Terms


Getty Realty Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Getty Realty'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.

Getty Realty Cyclically Adjusted PB Ratio Chart

Getty Realty 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 - 2.25 1.77 1.80 1.43

Getty Realty 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 1.45 1.39 1.44 1.69 1.77

STU:GRL vs NTST, CBL, IVT: Cyclically Adjusted PB Ratio Comparison

For the REIT - Retail subindustry, Getty Realty'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.


Getty Realty Cyclically Adjusted PB Ratio vs REITs Industry

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

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


STU:GRL
86GF Score
Getty Realty Corp STU:GRL
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Getty Realty 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.

Getty Realty's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Getty Realty'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)
=15.853/333.9520*333.9520
=15.853

Current CPI (Jun. 2026) = 333.9520.

Getty Realty Quarterly Data

Book Value per Share CPI Adj_Book
201609 11.029 241.428 15.256
201612 11.879 241.432 16.431
201703 11.745 243.801 16.088
201706 11.176 244.955 15.236
201709 11.732 246.819 15.874
201712 11.616 246.524 15.736
201803 11.293 249.554 15.112
201806 12.055 251.989 15.976
201809 12.157 252.439 16.083
201812 12.444 251.233 16.541
201903 12.596 254.202 16.548
201906 12.486 256.143 16.279
201909 13.026 256.759 16.942
201912 12.694 256.974 16.497
202003 12.913 258.115 16.707
202006 12.664 257.797 16.405
202009 12.332 260.280 15.823
202012 12.363 260.474 15.851
202103 13.051 264.877 16.454
202106 12.936 271.696 15.900
202109 13.364 274.310 16.270
202112 14.026 278.802 16.800
202203 14.324 287.504 16.638
202206 15.496 296.311 17.464
202209 16.424 296.808 18.479
202212 15.234 296.797 17.141
202303 15.551 301.836 17.206
202306 15.611 305.109 17.087
202309 16.594 307.789 18.005
202312 16.033 306.746 17.455
202403 16.302 312.332 17.430
202406 16.377 314.175 17.408
202409 15.690 315.301 16.618
202412 16.884 315.605 17.866
202503 16.049 319.799 16.759
202506 14.789 322.561 15.311
202509 14.921 324.800 15.341
202512 15.261 324.054 15.727
202603 15.637 330.213 15.814
202606 15.853 333.952 15.853

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.

Is Getty Realty (STU:GRL) Overvalued in 2026?

Based on GuruFocus' analysis, Getty Realty stock appears to be undervalued. The current stock price of €25.72 is trading 2.9% below its estimated GF Value™ of €26.49. GuruFocus considers Getty Realty to be Fairly Valued.

Key valuation signals for STU:GRL:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €26.49 vs. price of €25.72 (2.9% below fair value)
  • GF Score™: 86/100 with 3 warning signs

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


Getty Realty Business Description

Industry Real EstateREITs
Other Exchanges GTY:USAGRL:Germany
Address 292 Madison Avenue, 9th Floor, New York, NY, USA, 10017-6318
Getty Realty Corp is a net lease real estate investment trust in the U.S.A, specializing in the acquisition, financing, and development of convenience, automotive, and other single-tenant retail real estate. The company's portfolio includes convenience stores, express tunnel car washes, automotive service centers (gasoline and repair, oil and maintenance, tire and battery, and collision), drive-thru quick service restaurants, and certain other freestanding retail properties. It generates maximum revenue in the form of rental income.
86GF Score

Get the complete analysis for STU:GRL

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

€25.72
Price
€26.49
GF Value