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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.
Transcontinental Realty InvestorsTCI +4.94%62 Cyclically Adjusted PB Ratio is 0.66 as of Jul. 31, 2026, which is 32% below its 10-year median of 0.97. GuruFocus rates TCI with a GF Score™ of 62/100 and a GF Value™ of $36.80 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 1,418 Real Estate companies, Transcontinental Realty Investors ranks better than 53.6% on this metric.
The historical rank and industry rank for Transcontinental Realty Investors's Cyclically Adjusted PB Ratio or its related term are showing as below:
TCI'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.37 Med: 0.97 Max: 2.06
Current: 0.66
During the past years, Transcontinental Realty Investors's highest Cyclically Adjusted PB Ratio was 2.06. The lowest was 0.37. And the median was 0.97.
TCI's Cyclically Adjusted PB Ratio is ranked better than 53.6% of 1418
companies
in the Real Estate industry
Industry Median: 0.69
vs TCI: 0.66
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.
Transcontinental Realty Investors's adjusted book value per share data for the three months ended in Mar. 2026 was $98.032. 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 $64.38 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Transcontinental Realty Investors (NYSE:TCI) 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.
Transcontinental Realty Investors Cyclically Adjusted PB Ratio Related Terms
Transcontinental Realty Investors Cyclically Adjusted PB Ratio Historical Data
* 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.
Transcontinental Realty Investors Cyclically Adjusted PB Ratio Chart
TCI vs REAX, RMR, MLP: Cyclically Adjusted PB Ratio Comparison
For the Real Estate Services subindustry, Transcontinental Realty Investors'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.
Transcontinental Realty Investors Cyclically Adjusted PB Ratio vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Transcontinental Realty Investors's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Transcontinental Realty Investors's Cyclically Adjusted PB Ratio falls into.
Transcontinental Realty Investors 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.
* 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.
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 0.66 mean?
Transcontinental Realty Investors (TCI) has a Cyclically Adjusted PB Ratio of 0.66 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 Transcontinental Realty Investors and its competitors. This is 32% below median its historical median of 0.97. Over the past decade, Transcontinental Realty Investors' Cyclically Adjusted PB Ratio has ranged from 0.37 to 2.06. According to the industry distribution chart, Transcontinental Realty Investors ranks #658 out of 1418 companies in the Real Estate industry, placing it in the top 46.4%.
Is Transcontinental Realty Investors' Cyclically Adjusted PB Ratio too high?
Transcontinental Realty Investors' current Cyclically Adjusted PB Ratio of 0.66 is 32% below median its 10-year median of 0.97. Over the past 10 years, this metric has ranged from a low of 0.37 to a high of 2.06. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.69. Transcontinental Realty Investors' value of 0.66 is 4.3% below this industry median. Based on the distribution chart, Transcontinental Realty Investors ranks #658 out of 1418 companies in the Real Estate industry, which is above the industry midpoint. Overall, Transcontinental Realty Investors has a GF Score™ of 62/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Transcontinental Realty Investors' Cyclically Adjusted PB Ratio compare to REAX and RMR?
According to the Real Estate industry distribution chart, Transcontinental Realty Investors ranks #658 out of 1418 companies for Cyclically Adjusted PB Ratio. This puts Transcontinental Realty Investors in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.69. Transcontinental Realty Investors' value of 0.66 is 4.3% below this benchmark. Historically, Transcontinental Realty Investors' own Cyclically Adjusted PB Ratio has ranged from 0.37 to 2.06 over the past decade. While the company's 10-year median is 0.97 vs. the industry median of 0.69, Transcontinental Realty Investors 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 Real Estate company?
The median Cyclically Adjusted PB Ratio among Real Estate companies is 0.69, based on 1,418 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. Transcontinental Realty Investors's current Cyclically Adjusted PB Ratio of 0.66 is 4.3% 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 Transcontinental Realty Investors 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. Transcontinental Realty Investors's current Cyclically Adjusted PB Ratio is 0.66, which is 32% below median its own 10-year median of 0.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Transcontinental Realty Investors stock overvalued right now?
Based on GuruFocus' analysis, Transcontinental Realty Investors (TCI) is currently considered Modestly Overvalued. The stock's GF Value™ is $36.80, compared to a current price of $42.26 — trading 14.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.66, which is 32% below median its 10-year median of 0.97 and 4.3% below the Real Estate industry median of 0.69. Transcontinental Realty Investors' overall GF Score™ is 62/100 with 3 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 Transcontinental Realty Investors (TCI), the current Cyclically Adjusted PB Ratio is 0.66 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 Transcontinental Realty Investors (TCI) Overvalued in 2026?
Based on GuruFocus' analysis, Transcontinental Realty Investors stock appears to be overvalued.
The current stock price of $42.26 is trading 14.8% above its estimated GF Value™ of $36.80.
GuruFocus considers Transcontinental Realty Investors to be Modestly Overvalued.
Key valuation signals for TCI:
Cyclically Adjusted PB Ratio: 0.66 (32% below median its 10-year median of 0.97)
GF Value™: $36.80 vs. price of $42.26 (14.8% above fair value)
Industry Position: 4.3% below the Real Estate median (#658 of 1418)
No single metric tells the full story. See the TCI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Transcontinental Realty Investors Inc is a fully integrated externally managed real estate company. It operates in two business segments: the acquisition, development, ownership and management of multifamily properties; and the acquisition, development, ownership and management of commercial properties; which are office properties. The services for its commercial segment include rental of office space and other tenant services, including parking and storage space rental. The services for its multifamily segment include rental of apartments and other tenant services, including parking and storage space rental. the company derives maximum revenue from Multifamily Segment.
62GF Score
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Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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