UE (Urban Edge Properties) Cyclically Adjusted PB Ratio: 2.34 (As of Jul. 13, 2026) — 10% Above Median


UE Urban Edge Properties UE
76 GF Score
Price $22.76
GF Value $19.61
Valuation Modestly Overvalued
! 10 Warning Signs
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What is Urban Edge Properties Cyclically Adjusted PB Ratio?

Urban Edge Properties UE +0.18% 76 Cyclically Adjusted PB Ratio is 2.34 as of Jul. 13, 2026, which is 10% above its 10-year median of 2.13. GuruFocus rates UE with a GF Score™ of 76/100 and a GF Value™ of $19.61 (Modestly Overvalued). The stock has 10 warning signs investors should review. Among 559 REITs companies, Urban Edge Properties ranks worse than 90.16% on this metric.

As of today (2026-07-13), Urban Edge Properties's current share price is $22.76. Urban Edge Properties's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $9.71. Urban Edge Properties's Cyclically Adjusted PB Ratio for today is 2.34.

The historical rank and industry rank for Urban Edge Properties's Cyclically Adjusted PB Ratio or its related term are showing as below:

UE' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.74   Med: 2.13   Max: 2.74
Current: 2.34

During the past years, Urban Edge Properties's highest Cyclically Adjusted PB Ratio was 2.74. The lowest was 1.74. And the median was 2.13.

UE's Cyclically Adjusted PB Ratio is ranked worse than
90.16% of 559 companies
in the REITs industry
Industry Median: 0.82 vs UE: 2.34

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.

Urban Edge Properties's adjusted book value per share data for the three months ended in Mar. 2026 was $10.220. 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 $9.71 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Urban Edge Properties  (NYSE:UE) 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.


Urban Edge Properties Cyclically Adjusted PB Ratio Related Terms


Urban Edge Properties Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Urban Edge Properties'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.

Urban Edge Properties Cyclically Adjusted PB Ratio Chart

Urban Edge Properties 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 0.00 1.86 2.30 2.46 2.04

Urban Edge Properties 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 2.11 2.03 2.19 2.04 2.06

UE vs AKR, IVT, FCPT: Cyclically Adjusted PB Ratio Comparison

For the REIT - Retail subindustry, Urban Edge Properties'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.


Urban Edge Properties Cyclically Adjusted PB Ratio vs REITs Industry

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

* The bar in red indicates where Urban Edge Properties's Cyclically Adjusted PB Ratio falls into.


UE
76GF Score
Urban Edge Properties UE
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Urban Edge Properties 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.

Urban Edge Properties's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=22.76/9.71
=2.34

* 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.

Urban Edge Properties's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Urban Edge Properties'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)
=10.22/330.2130*330.2130
=10.220

Current CPI (Mar. 2026) = 330.2130.

Urban Edge Properties Quarterly Data

Book Value per Share CPI Adj_Book
201606 4.557 241.018 6.243
201609 4.600 241.428 6.292
201612 4.614 241.432 6.311
201703 4.906 243.801 6.645
201706 6.270 244.955 8.452
201709 8.152 246.819 10.906
201712 7.818 246.524 10.472
201803 7.786 249.554 10.303
201806 8.059 251.989 10.561
201809 8.048 252.439 10.528
201812 7.912 251.233 10.399
201903 7.907 254.202 10.271
201906 7.924 256.143 10.215
201909 8.151 256.759 10.483
201912 7.974 256.974 10.247
202003 8.117 258.115 10.384
202006 8.458 257.797 10.834
202009 8.432 260.280 10.698
202012 8.132 260.474 10.309
202103 8.131 264.877 10.137
202106 8.104 271.696 9.849
202109 8.249 274.310 9.930
202112 8.496 278.802 10.063
202203 8.395 287.504 9.642
202206 8.346 296.311 9.301
202209 8.320 296.808 9.256
202212 8.318 296.797 9.255
202303 7.978 301.836 8.728
202306 7.920 305.109 8.572
202309 8.080 307.789 8.669
202312 9.780 306.746 10.528
202403 9.630 312.332 10.181
202406 9.831 314.175 10.333
202409 10.045 315.301 10.520
202412 10.188 315.605 10.660
202503 10.076 319.799 10.404
202506 10.380 322.561 10.626
202509 10.311 324.800 10.483
202512 10.238 324.054 10.433
202603 10.220 330.213 10.220

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 2.34 mean?
Urban Edge Properties (UE) has a Cyclically Adjusted PB Ratio of 2.34 as of Jul. 13, 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 Urban Edge Properties and its competitors. This is 10% above median its historical median of 2.13. Over the past decade, Urban Edge Properties' Cyclically Adjusted PB Ratio has ranged from 1.74 to 2.74. According to the industry distribution chart, Urban Edge Properties ranks #504 out of 559 companies in the REITs industry, placing it in the top 90.2%.
Is Urban Edge Properties' Cyclically Adjusted PB Ratio too high?
Urban Edge Properties' current Cyclically Adjusted PB Ratio of 2.34 is 10% above median its 10-year median of 2.13. Over the past 10 years, this metric has ranged from a low of 1.74 to a high of 2.74. The REITs industry median Cyclically Adjusted PB Ratio is 0.82. Urban Edge Properties' value of 2.34 is 185.4% above this industry median. Based on the distribution chart, Urban Edge Properties ranks #504 out of 559 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Urban Edge Properties has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Urban Edge Properties' Cyclically Adjusted PB Ratio compare to AKR and IVT?
According to the REITs industry distribution chart, Urban Edge Properties ranks #504 out of 559 companies for Cyclically Adjusted PB Ratio. This places Urban Edge Properties in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.82. Urban Edge Properties' value of 2.34 is 185.4% above this benchmark. Historically, Urban Edge Properties' own Cyclically Adjusted PB Ratio has ranged from 1.74 to 2.74 over the past decade. While the company's 10-year median is 2.13 vs. the industry median of 0.82, Urban Edge Properties 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 REITs company?
The median Cyclically Adjusted PB Ratio among REITs companies is 0.82, based on 559 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. Urban Edge Properties's current Cyclically Adjusted PB Ratio of 2.34 is 185.4% 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 Urban Edge Properties 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. Urban Edge Properties's current Cyclically Adjusted PB Ratio is 2.34, which is 10% above median its own 10-year median of 2.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Urban Edge Properties stock overvalued right now?
Based on GuruFocus' analysis, Urban Edge Properties (UE) is currently considered Modestly Overvalued. The stock's GF Value™ is $19.61, compared to a current price of $22.76 — trading 16.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.34, which is 10% above median its 10-year median of 2.13 and 185.4% above the REITs industry median of 0.82. Urban Edge Properties' overall GF Score™ is 76/100 with 10 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 Urban Edge Properties (UE), the current Cyclically Adjusted PB Ratio is 2.34 as of Jul. 13, 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 Urban Edge Properties (UE) Overvalued in 2026?

Based on GuruFocus' analysis, Urban Edge Properties stock appears to be overvalued. The current stock price of $22.76 is trading 16.1% above its estimated GF Value™ of $19.61. GuruFocus considers Urban Edge Properties to be Modestly Overvalued.

Key valuation signals for UE:

  • Cyclically Adjusted PB Ratio: 2.34 (10% above median its 10-year median of 2.13)
  • GF Value™: $19.61 vs. price of $22.76 (16.1% above fair value)
  • GF Score™: 76/100 with 10 warning signs
  • Industry Position: 185.4% above the REITs median (#504 of 559)

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


Urban Edge Properties Business Description

Industry Real EstateREITs
Address 12 East 49th Street, New York, NY, USA, 10017
Urban Edge Properties is a real estate investment trust principally focused on the management and development of retail real estate properties in urban communities in the U.S. Having originally been created to hold the majority of Vornado Realty Trust's shopping center businesses, Urban Edge's asset portfolio is mostly composed of shopping centers and malls in terms of total square footage. The company's holdings include necessity and convenience-oriented retailers, such as department stores, grocers, health clubs, and restaurants. Urban Edge's properties are mainly located in the New York City metropolitan region and within the DC to Boston corridor. The company generates nearly all of its revenue through the collection of rent from a large number of tenants.
76GF 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.

$22.76
Price
$19.61
GF Value