AS Trigon Property Development (STU:UG4) Cyclically Adjusted PB Ratio: 1.01 (As of Jul. 31, 2026) — 20% Below Median

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STU:UG4 AS Trigon Property Development STU:UG4
45 GF Score
Price €0.52
GF Value €0.48
Valuation Fairly Valued
! 1 Warning Sign
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What is AS Trigon Property Development Cyclically Adjusted PB Ratio?

AS Trigon Property Development STU:UG4 +0.78% 45 Cyclically Adjusted PB Ratio is 1.01 as of Jul. 31, 2026, which is 20% below its 10-year median of 1.27. GuruFocus rates STU:UG4 with a GF Score™ of 45/100 and a GF Value™ of €0.48 (Fairly Valued). The stock has 1 warning sign investors should review. Among 1,416 Real Estate companies, AS Trigon Property Development ranks worse than 69.35% on this metric.

As of today (2026-07-31), AS Trigon Property Development's current share price is €0.516. AS Trigon Property Development's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €0.51. AS Trigon Property Development's Cyclically Adjusted PB Ratio for today is 1.01.

The historical rank and industry rank for AS Trigon Property Development's Cyclically Adjusted PB Ratio or its related term are showing as below:

STU:UG4' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.85   Med: 1.27   Max: 2.21
Current: 1.13

During the past years, AS Trigon Property Development's highest Cyclically Adjusted PB Ratio was 2.21. The lowest was 0.85. And the median was 1.27.

STU:UG4's Cyclically Adjusted PB Ratio is ranked worse than
69.35% of 1416 companies
in the Real Estate industry
Industry Median: 0.69 vs STU:UG4: 1.13

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.

AS Trigon Property Development's adjusted book value per share data for the three months ended in Mar. 2026 was €0.385. 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 €0.51 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


AS Trigon Property Development  (STU:UG4) 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.


AS Trigon Property Development Cyclically Adjusted PB Ratio Related Terms


AS Trigon Property Development Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for AS Trigon Property Development'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.

AS Trigon Property Development Cyclically Adjusted PB Ratio Chart

AS Trigon Property Development 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 1.44 1.40 1.08 1.12 1.18

AS Trigon Property Development 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 1.28 1.23 1.19 1.18 1.07

AS Trigon Property Development Cyclically Adjusted PB Ratio Competitor Comparison

For the Real Estate - Development subindustry, AS Trigon Property Development'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.


AS Trigon Property Development Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, AS Trigon Property Development's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where AS Trigon Property Development's Cyclically Adjusted PB Ratio falls into.


STU:UG4
45GF Score
AS Trigon Property Development STU:UG4
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AS Trigon Property Development 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.

AS Trigon Property Development's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.516/0.51
=1.01

* 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.

AS Trigon Property Development's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, AS Trigon Property Development'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)
=0.385/330.2130*330.2130
=0.385

Current CPI (Mar. 2026) = 330.2130.

AS Trigon Property Development Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.532 241.018 0.729
201609 0.527 241.428 0.721
201612 0.523 241.432 0.715
201703 0.517 243.801 0.700
201706 0.511 244.955 0.689
201709 0.420 246.819 0.562
201712 0.404 246.524 0.541
201803 0.403 249.554 0.533
201806 0.401 251.989 0.525
201809 0.400 252.439 0.523
201812 0.398 251.233 0.523
201903 0.397 254.202 0.516
201906 0.394 256.143 0.508
201909 0.393 256.759 0.505
201912 0.476 256.974 0.612
202003 0.475 258.115 0.608
202006 0.474 257.797 0.607
202009 0.473 260.280 0.600
202012 0.554 260.474 0.702
202103 0.568 264.877 0.708
202106 0.581 271.696 0.706
202109 0.642 274.310 0.773
202112 0.525 278.802 0.622
202203 0.549 287.504 0.631
202206 0.435 296.311 0.485
202209 0.394 296.808 0.438
202212 0.382 296.797 0.425
202303 0.380 301.836 0.416
202306 0.378 305.109 0.409
202309 0.382 307.789 0.410
202312 0.375 306.746 0.404
202403 0.373 312.332 0.394
202406 0.372 314.175 0.391
202409 0.378 315.301 0.396
202412 0.412 315.605 0.431
202503 0.407 319.799 0.420
202506 0.400 322.561 0.409
202509 0.395 324.800 0.402
202512 0.390 324.054 0.397
202603 0.385 330.213 0.385

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 1.01 mean?
AS Trigon Property Development (STU:UG4) has a Cyclically Adjusted PB Ratio of 1.01 as of Jul. 31, 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 AS Trigon Property Development and its competitors. This is 20% below median its historical median of 1.27. Over the past decade, AS Trigon Property Development's Cyclically Adjusted PB Ratio has ranged from 0.85 to 2.21. According to the industry distribution chart, AS Trigon Property Development ranks #982 out of 1416 companies in the Real Estate industry, placing it in the top 69.4%.
Is AS Trigon Property Development's Cyclically Adjusted PB Ratio too high?
AS Trigon Property Development's current Cyclically Adjusted PB Ratio of 1.01 is 20% below median its 10-year median of 1.27. Over the past 10 years, this metric has ranged from a low of 0.85 to a high of 2.21. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.69. AS Trigon Property Development's value of 1.01 is 46.4% above this industry median. Based on the distribution chart, AS Trigon Property Development ranks #982 out of 1416 companies in the Real Estate industry, which is below the industry midpoint. Overall, AS Trigon Property Development has a GF Score™ of 45/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does AS Trigon Property Development's Cyclically Adjusted PB Ratio compare to competitors?
According to the Real Estate industry distribution chart, AS Trigon Property Development ranks #982 out of 1416 companies for Cyclically Adjusted PB Ratio. This places AS Trigon Property Development in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.69. AS Trigon Property Development's value of 1.01 is 46.4% above this benchmark. Historically, AS Trigon Property Development's own Cyclically Adjusted PB Ratio has ranged from 0.85 to 2.21 over the past decade. While the company's 10-year median is 1.27 vs. the industry median of 0.69, AS Trigon Property Development 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 0.69, based on 1,416 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. AS Trigon Property Development's current Cyclically Adjusted PB Ratio of 1.01 is 46.4% 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 AS Trigon Property Development and its competitors. For the Real Estate industry, the median Cyclically Adjusted PB Ratio is 0.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AS Trigon Property Development's current Cyclically Adjusted PB Ratio is 1.01, which is 20% below median its own 10-year median of 1.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AS Trigon Property Development stock overvalued right now?
Based on GuruFocus' analysis, AS Trigon Property Development (STU:UG4) is currently considered Fairly Valued. The stock's GF Value™ is €0.48, compared to a current price of €0.52 — trading 7.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.01, which is 20% below median its 10-year median of 1.27 and 46.4% above the Real Estate industry median of 0.69. AS Trigon Property Development's overall GF Score™ is 45/100 with 1 warning sign 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 AS Trigon Property Development (STU:UG4), the current Cyclically Adjusted PB Ratio is 1.01 as of Jul. 31, 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 AS Trigon Property Development (STU:UG4) Overvalued in 2026?

Based on GuruFocus' analysis, AS Trigon Property Development stock appears to be overvalued. The current stock price of €0.52 is trading 7.5% above its estimated GF Value™ of €0.48. GuruFocus considers AS Trigon Property Development to be Fairly Valued.

Key valuation signals for STU:UG4:

  • Cyclically Adjusted PB Ratio: 1.01 (20% below median its 10-year median of 1.27)
  • GF Value™: €0.48 vs. price of €0.52 (7.5% above fair value)
  • GF Score™: 45/100 with 1 warning sign
  • Industry Position: 46.4% above the Real Estate median (#982 of 1416)

No single metric tells the full story. See the STU:UG4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


AS Trigon Property Development Business Description

Other Exchanges TPD1T:Estonia
Address Parnu maantee 18, Tallinn, EST, 10141
AS Trigon Property Development is a real estate development company. Its real estate sales division leases out land and develops real estate. The company's core business activity is property development in Central and Eastern Europe. The company operates in one business segment, which is the sale of real estate. It owns a property development project in the Niidu area, Parnu City, Estonia.
45GF Score

Get the complete analysis for STU:UG4

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

€0.52
Price
€0.48
GF Value