WDPSF (Warehouses De Pauw) Cyclically Adjusted PB Ratio: 1.31 (As of Jul. 06, 2026) — 52% Below Median


WDPSF Warehouses De Pauw SA WDPSF
85 GF Score
Price $25.99
GF Value $27.59
Valuation Fairly Valued
! 8 Warning Signs
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What is Warehouses De Pauw Cyclically Adjusted PB Ratio?

Warehouses De Pauw WDPSF 85 Cyclically Adjusted PB Ratio is 1.31 as of Jul. 06, 2026, which is 52% below its 10-year median of 2.74. GuruFocus rates WDPSF with a GF Score™ of 85/100 and a GF Value™ of $27.59 (Fairly Valued). The stock has 8 warning signs investors should review. Among 561 REITs companies, Warehouses De Pauw ranks worse than 76.47% on this metric.

As of today (2026-07-06), Warehouses De Pauw's current share price is $25.99. Warehouses De Pauw's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $19.87. Warehouses De Pauw's Cyclically Adjusted PB Ratio for today is 1.31.

The historical rank and industry rank for Warehouses De Pauw's Cyclically Adjusted PB Ratio or its related term are showing as below:

WDPSF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.23   Med: 2.74   Max: 4.92
Current: 1.31

During the past years, Warehouses De Pauw's highest Cyclically Adjusted PB Ratio was 4.92. The lowest was 1.23. And the median was 2.74.

WDPSF's Cyclically Adjusted PB Ratio is ranked worse than
76.47% of 561 companies
in the REITs industry
Industry Median: 0.82 vs WDPSF: 1.31

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.

Warehouses De Pauw's adjusted book value per share data for the three months ended in Mar. 2026 was $25.138. 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 $19.87 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Warehouses De Pauw  (OTCPK:WDPSF) 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.


Warehouses De Pauw Cyclically Adjusted PB Ratio Related Terms


Warehouses De Pauw Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Warehouses De Pauw'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.

Warehouses De Pauw Cyclically Adjusted PB Ratio Chart

Warehouses De Pauw 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 4.65 2.30 2.18 1.27 1.33

Warehouses De Pauw 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 1.41 1.31 1.32 1.33 1.31

WDPSF vs PLD, PSA, EXR: Cyclically Adjusted PB Ratio Comparison

For the REIT - Industrial subindustry, Warehouses De Pauw'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.


Warehouses De Pauw Cyclically Adjusted PB Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Warehouses De Pauw's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Warehouses De Pauw's Cyclically Adjusted PB Ratio falls into.


WDPSF
85GF Score
Warehouses De Pauw SA WDPSF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Warehouses De Pauw 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.

Warehouses De Pauw's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=25.99/19.87
=1.31

* 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.

Warehouses De Pauw's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Warehouses De Pauw'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)
=25.138/135.0710*135.0710
=25.138

Current CPI (Mar. 2026) = 135.0710.

Warehouses De Pauw Quarterly Data

Book Value per Share CPI Adj_Book
201606 6.474 102.267 8.551
201609 6.700 102.118 8.862
201612 7.295 102.614 9.602
201703 7.762 103.972 10.084
201706 8.241 103.902 10.713
201709 9.169 104.170 11.889
201712 9.513 104.804 12.260
201803 10.251 105.419 13.134
201806 9.500 106.063 12.098
201809 10.249 106.618 12.984
201812 11.139 107.252 14.028
201903 11.337 107.876 14.195
201906 11.643 107.896 14.575
201909 11.736 107.470 14.750
201912 13.553 108.065 16.940
202003 13.832 108.550 17.211
202006 14.101 108.540 17.548
202009 14.982 108.441 18.661
202012 16.391 108.511 20.403
202103 17.810 109.522 21.965
202106 19.223 110.305 23.539
202109 20.454 111.543 24.768
202112 21.467 114.705 25.279
202203 22.753 118.620 25.909
202206 22.535 120.948 25.166
202209 22.005 124.120 23.947
202212 22.193 126.578 23.682
202303 22.192 126.528 23.690
202306 21.751 125.973 23.322
202309 21.572 127.083 22.928
202312 22.080 128.292 23.247
202403 22.479 130.552 23.257
202406 21.650 130.691 22.376
202409 22.713 130.968 23.425
202412 22.034 132.346 22.488
202503 23.098 134.348 23.222
202506 23.536 133.495 23.814
202509 24.451 133.743 24.694
202512 24.990 135.071 24.990
202603 25.138 135.071 25.138

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 1.31 mean?
Warehouses De Pauw (WDPSF) has a Cyclically Adjusted PB Ratio of 1.31 as of Jul. 06, 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 Warehouses De Pauw and its competitors. This is 52% below median its historical median of 2.74. Over the past decade, Warehouses De Pauw's Cyclically Adjusted PB Ratio has ranged from 1.23 to 4.92. According to the industry distribution chart, Warehouses De Pauw ranks #429 out of 561 companies in the REITs industry, placing it in the top 76.5%.
Is Warehouses De Pauw's Cyclically Adjusted PB Ratio too high?
Warehouses De Pauw's current Cyclically Adjusted PB Ratio of 1.31 is 52% below median its 10-year median of 2.74. Over the past 10 years, this metric has ranged from a low of 1.23 to a high of 4.92. The REITs industry median Cyclically Adjusted PB Ratio is 0.82. Warehouses De Pauw's value of 1.31 is 59.8% above this industry median. Based on the distribution chart, Warehouses De Pauw ranks #429 out of 561 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Warehouses De Pauw has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Warehouses De Pauw's Cyclically Adjusted PB Ratio compare to PLD and PSA?
According to the REITs industry distribution chart, Warehouses De Pauw ranks #429 out of 561 companies for Cyclically Adjusted PB Ratio. This places Warehouses De Pauw in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.82. Warehouses De Pauw's value of 1.31 is 59.8% above this benchmark. Historically, Warehouses De Pauw's own Cyclically Adjusted PB Ratio has ranged from 1.23 to 4.92 over the past decade. While the company's 10-year median is 2.74 vs. the industry median of 0.82, Warehouses De Pauw 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 561 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. Warehouses De Pauw's current Cyclically Adjusted PB Ratio of 1.31 is 59.8% 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 Warehouses De Pauw 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. Warehouses De Pauw's current Cyclically Adjusted PB Ratio is 1.31, which is 52% below median its own 10-year median of 2.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Warehouses De Pauw stock overvalued right now?
Based on GuruFocus' analysis, Warehouses De Pauw (WDPSF) is currently considered Fairly Valued. The stock's GF Value™ is $27.59, compared to a current price of $25.99 — trading 5.8% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.31, which is 52% below median its 10-year median of 2.74 and 59.8% above the REITs industry median of 0.82. Warehouses De Pauw's overall GF Score™ is 85/100 with 8 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 Warehouses De Pauw (WDPSF), the current Cyclically Adjusted PB Ratio is 1.31 as of Jul. 06, 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 Warehouses De Pauw (WDPSF) Overvalued in 2026?

Based on GuruFocus' analysis, Warehouses De Pauw stock appears to be undervalued. The current stock price of $25.99 is trading 5.8% below its estimated GF Value™ of $27.59. GuruFocus considers Warehouses De Pauw to be Fairly Valued.

Key valuation signals for WDPSF:

  • Cyclically Adjusted PB Ratio: 1.31 (52% below median its 10-year median of 2.74)
  • GF Value™: $27.59 vs. price of $25.99 (5.8% below fair value)
  • GF Score™: 85/100 with 8 warning signs
  • Industry Position: 59.8% above the REITs median (#429 of 561)

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


Warehouses De Pauw Business Description

Industry Real EstateREITs
Address Blakebergen 15, Meise, Wolvertem, BEL, 1861
Warehouses De Pauw SA is a real estate investment trust engaged in the acquisition and development of storage, distribution, and semi-industrial and logistics facilities throughout Europe. The vast majority of the company's real estate portfolio in terms of square footage and total rental value is made up of general warehouse space, while offices represent a smaller amount. Warehouses De Pauw derives the majority of its revenue in the form of rental income. The company's tenants in terms of revenue include solar panels, third-party logistics firms, and food industry companies. Its geographical operating segments are the Netherlands, which derives maximum revenue, Belgium, France, Germany, Romania, and Luxembourg.
85GF Score

Get the complete analysis for WDPSF

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

$25.99
Price
$27.59
GF Value