Arbor Realty Trust (STU:OWQ) Cyclically Adjusted PB Ratio: 0.40 (As of Aug. 11, 2026) — 65% Below Median

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:OWQ Arbor Realty Trust Inc STU:OWQ
48 GF Score
Price €4.61
GF Value €7.80
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Arbor Realty Trust Cyclically Adjusted PB Ratio?

Arbor Realty Trust STU:OWQ +0.17% 48 Cyclically Adjusted PB Ratio is 0.40 as of Aug. 11, 2026, which is 65% below its 10-year median of 1.14. GuruFocus rates STU:OWQ with a GF Score™ of 48/100 and a GF Value™ of €7.80 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 554 REITs companies, Arbor Realty Trust ranks better than 79.96% on this metric.

As of today (2026-08-11), Arbor Realty Trust's current share price is €4.614. Arbor Realty Trust's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €11.56. Arbor Realty Trust's Cyclically Adjusted PB Ratio for today is 0.40.

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

STU:OWQ' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.38   Med: 1.14   Max: 1.99
Current: 0.4

During the past years, Arbor Realty Trust's highest Cyclically Adjusted PB Ratio was 1.99. The lowest was 0.38. And the median was 1.14.

STU:OWQ's Cyclically Adjusted PB Ratio is ranked better than
79.96% of 554 companies
in the REITs industry
Industry Median: 0.815 vs STU:OWQ: 0.40

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.

Arbor Realty Trust's adjusted book value per share data for the three months ended in Jun. 2026 was €9.849. 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 €11.56 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Arbor Realty Trust  (STU:OWQ) 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.


Arbor Realty Trust Cyclically Adjusted PB Ratio Related Terms


Arbor Realty Trust Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Arbor Realty 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.

Arbor Realty Trust Cyclically Adjusted PB Ratio Chart

Arbor Realty 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 1.76 1.16 1.26 1.10 0.60

Arbor Realty 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 0.83 0.94 0.60 0.59 0.41

STU:OWQ vs MFA, ARI, CIM: Cyclically Adjusted PB Ratio Comparison

For the REIT - Mortgage subindustry, Arbor Realty 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.


Arbor Realty Trust Cyclically Adjusted PB Ratio vs REITs Industry

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

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


STU:OWQ
48GF Score
Arbor Realty Trust Inc STU:OWQ
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Arbor Realty 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.

Arbor Realty Trust's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.614/11.56
=0.40

* 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.

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

For example, Arbor Realty 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)
=9.849/333.9520*333.9520
=9.849

Current CPI (Jun. 2026) = 333.9520.

Arbor Realty Trust Quarterly Data

Book Value per Share CPI Adj_Book
201609 8.340 241.428 11.536
201612 9.178 241.432 12.695
201703 9.150 243.801 12.533
201706 8.488 244.955 11.572
201709 8.036 246.819 10.873
201712 8.301 246.524 11.245
201803 8.115 249.554 10.859
201806 8.495 251.989 11.258
201809 8.015 252.439 10.603
201812 8.433 251.233 11.210
201903 8.440 254.202 11.088
201906 8.712 256.143 11.358
201909 8.992 256.759 11.695
201912 8.984 256.974 11.675
202003 8.073 258.115 10.445
202006 8.043 257.797 10.419
202009 8.082 260.280 10.370
202012 8.374 260.474 10.736
202103 9.041 264.877 11.399
202106 9.429 271.696 11.590
202109 9.791 274.310 11.920
202112 10.887 278.802 13.041
202203 11.365 287.504 13.201
202206 12.050 296.311 13.581
202209 12.879 296.808 14.491
202212 12.199 296.797 13.726
202303 12.133 301.836 13.424
202306 12.050 305.109 13.189
202309 12.283 307.789 13.327
202312 12.085 306.746 13.157
202403 11.975 312.332 12.804
202406 11.930 314.175 12.681
202409 11.465 315.301 12.143
202412 12.062 315.605 12.763
202503 11.427 319.799 11.933
202506 10.555 322.561 10.928
202509 10.290 324.800 10.580
202512 10.133 324.054 10.443
202603 10.056 330.213 10.170
202606 9.849 333.952 9.849

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 0.40 mean?
Arbor Realty Trust (STU:OWQ) has a Cyclically Adjusted PB Ratio of 0.40 as of Aug. 11, 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 Arbor Realty Trust and its competitors. This is 65% below median its historical median of 1.14. Over the past decade, Arbor Realty Trust's Cyclically Adjusted PB Ratio has ranged from 0.38 to 1.99. According to the industry distribution chart, Arbor Realty Trust ranks #111 out of 554 companies in the REITs industry, placing it in the top 20%.
Is Arbor Realty Trust's Cyclically Adjusted PB Ratio too high?
Arbor Realty Trust's current Cyclically Adjusted PB Ratio of 0.40 is 65% below median its 10-year median of 1.14. Over the past 10 years, this metric has ranged from a low of 0.38 to a high of 1.99. The REITs industry median Cyclically Adjusted PB Ratio is 0.82. Arbor Realty Trust's value of 0.40 is 50.9% below this industry median. Based on the distribution chart, Arbor Realty Trust ranks #111 out of 554 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Arbor Realty Trust has a GF Score™ of 48/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Arbor Realty Trust's Cyclically Adjusted PB Ratio compare to MFA and ARI?
According to the REITs industry distribution chart, Arbor Realty Trust ranks #111 out of 554 companies for Cyclically Adjusted PB Ratio. This places Arbor Realty Trust in the top 20% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 0.82. Arbor Realty Trust's value of 0.40 is 50.9% below this benchmark. Historically, Arbor Realty Trust's own Cyclically Adjusted PB Ratio has ranged from 0.38 to 1.99 over the past decade. While the company's 10-year median is 1.14 vs. the industry median of 0.82, Arbor Realty 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 0.82, 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. Arbor Realty Trust's current Cyclically Adjusted PB Ratio of 0.40 is 50.9% 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 Arbor Realty Trust 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. Arbor Realty Trust's current Cyclically Adjusted PB Ratio is 0.40, which is 65% below median its own 10-year median of 1.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arbor Realty Trust stock overvalued right now?
Based on GuruFocus' analysis, Arbor Realty Trust (STU:OWQ) is currently considered Possible Value Trap. The stock's GF Value™ is €7.80, compared to a current price of €4.61 — trading 40.8% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.40, which is 65% below median its 10-year median of 1.14 and 50.9% below the REITs industry median of 0.82. Arbor Realty Trust's overall GF Score™ is 48/100 with 4 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 Arbor Realty Trust (STU:OWQ), the current Cyclically Adjusted PB Ratio is 0.40 as of Aug. 11, 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 Arbor Realty Trust (STU:OWQ) Overvalued in 2026?

Based on GuruFocus' analysis, Arbor Realty Trust stock appears to be undervalued. The current stock price of €4.61 is trading 40.8% below its estimated GF Value™ of €7.80. GuruFocus considers Arbor Realty Trust to be Possible Value Trap.

Key valuation signals for STU:OWQ:

  • Cyclically Adjusted PB Ratio: 0.40 (65% below median its 10-year median of 1.14)
  • GF Value™: €7.80 vs. price of €4.61 (40.8% below fair value)
  • GF Score™: 48/100 with 4 warning signs
  • Industry Position: 50.9% below the REITs median (#111 of 554)

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


Arbor Realty Trust Business Description

Industry Real EstateREITs
Other Exchanges ABR:USA
Address 333 Earle Ovington Boulevard, Suite 900, Uniondale, NY, USA, 11553
Arbor Realty Trust Inc is a specialized real estate finance company. It invests in a diversified portfolio of structured finance assets in the multifamily, SFR, and commercial real estate markets, consisting of bridge and mezzanine loans, including junior participating interests in first mortgages, preferred, and direct equity. In addition, it may also directly acquire real property and invest in real estate-related notes and certain mortgage-related securities. The company has two business segments, Structured Business and Agency Business. It generates a majority of its revenue from the Structured Business Segment.
48GF Score

Get the complete analysis for STU:OWQ

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

€4.61
Price
€7.80
GF Value