Allreal Holding (WBO:ALLN) Cyclically Adjusted PB Ratio: (As of Aug. 09, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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.

WBO:ALLN Allreal Holding Ltd WBO:ALLN
43 GF Score
Price €222.00
GF Value €176.62
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Allreal Holding Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Allreal Holding  (WBO:ALLN) 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.


Allreal Holding Cyclically Adjusted PB Ratio Related Terms


Allreal Holding Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Allreal Holding'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.

Allreal Holding Cyclically Adjusted PB Ratio Chart

Allreal Holding 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 1.48 1.04 1.01 1.08 1.31

Allreal Holding Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 1.01 0.00 1.08 0.00 1.31

WBO:ALLN vs CBRE, BEKE, JLL: Cyclically Adjusted PB Ratio Comparison

For the Real Estate Services subindustry, Allreal Holding'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.


Allreal Holding Cyclically Adjusted PB Ratio vs Real Estate Industry

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

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


WBO:ALLN
43GF Score
Allreal Holding Ltd WBO:ALLN
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Allreal Holding 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.

Allreal Holding's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Allreal Holding's adjusted Book Value per Share data for the fiscal year that ended in Dec25 was:

Adj_Book=Book Value per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=178.142/107.2000*107.2000
=178.142

Current CPI (Dec25) = 107.2000.

Allreal Holding Annual Data

Book Value per Share CPI Adj_Book
201612 121.815 99.380 131.401
201712 115.709 100.213 123.776
201812 123.773 100.906 131.493
201912 135.550 101.063 143.781
202012 140.412 100.241 150.160
202112 148.790 101.776 156.720
202212 159.286 104.666 163.142
202312 163.460 106.461 164.594
202412 171.328 107.128 171.443
202512 178.142 107.200 178.142

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 Allreal Holding (WBO:ALLN) Overvalued in 2026?

Based on GuruFocus' analysis, Allreal Holding stock appears to be overvalued. The current stock price of €222.00 is trading 25.7% above its estimated GF Value™ of €176.62. GuruFocus considers Allreal Holding to be Modestly Overvalued.

Key valuation signals for WBO:ALLN:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €176.62 vs. price of €222.00 (25.7% above fair value)
  • GF Score™: 43/100 with 4 warning signs

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


Allreal Holding Business Description

Address Grabenstrasse 25, Baar, CHE, 6340
Allreal Holding Ltd is a real estate portfolio company in Switzerland. The company divides its business into two segments: real estate and project & development. The real estate division has three subdivisions: portfolio management, real estate management, and Building Management. The company's investment portfolio is mainly composed of commercial properties with a small section of residential investments. The project & development division offers a range of services, stretching from site and ground analysis through the construction of the project. The company develops projects in all segments of real estate for private and institutional investors and owners, and its portfolio. The company operates exclusively in Switzerland with the majority of its business in the Zurich area.
43GF Score

Get the complete analysis for WBO:ALLN

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

€222.00
Price
€176.62
GF Value