Galata Investment Co AD (XBUL:GTH) Cyclically Adjusted PB Ratio: 1.97 (As of Aug. 16, 2026) — 46% Below Median

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XBUL:GTH Galata Investment Co AD XBUL:GTH
44 GF Score
Price €1.38
! 3 Warning Signs
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What is Galata Investment Co AD Cyclically Adjusted PB Ratio?

Galata Investment Co AD XBUL:GTH 44 Cyclically Adjusted PB Ratio is 1.97 as of Aug. 16, 2026, which is 46% below its 10-year median of 3.68. GuruFocus rates XBUL:GTH with a GF Score™ of 44/100. The stock has 3 warning signs investors should review. Among 1,400 Real Estate companies, Galata Investment Co AD ranks worse than 84.86% on this metric.

As of today (2026-08-16), Galata Investment Co AD's current share price is €1.38. Galata Investment Co AD's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €0.70. Galata Investment Co AD's Cyclically Adjusted PB Ratio for today is 1.97.

The historical rank and industry rank for Galata Investment Co AD's Cyclically Adjusted PB Ratio or its related term are showing as below:

XBUL:GTH' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.94   Med: 3.68   Max: 3.88
Current: 1.98

During the past years, Galata Investment Co AD's highest Cyclically Adjusted PB Ratio was 3.88. The lowest was 1.94. And the median was 3.68.

XBUL:GTH's Cyclically Adjusted PB Ratio is ranked worse than
84.86% of 1400 companies
in the Real Estate industry
Industry Median: 0.69 vs XBUL:GTH: 1.98

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.

Galata Investment Co AD's adjusted book value per share data for the three months ended in Jun. 2026 was €0.655. 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 €0.70 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Galata Investment Co AD  (XBUL:GTH) 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.


Galata Investment Co AD Cyclically Adjusted PB Ratio Related Terms


Galata Investment Co AD Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Galata Investment Co AD'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.

Galata Investment Co AD Cyclically Adjusted PB Ratio Chart

Galata Investment Co AD 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 0.00 3.65 3.70 3.88

Galata Investment Co AD Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 3.78 3.78 3.88 2.00 1.92

Galata Investment Co AD Cyclically Adjusted PB Ratio Competitor Comparison

For the Real Estate - Diversified subindustry, Galata Investment Co AD'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.


Galata Investment Co AD Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Galata Investment Co AD's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Galata Investment Co AD's Cyclically Adjusted PB Ratio falls into.


XBUL:GTH
44GF Score
Galata Investment Co AD XBUL:GTH
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Galata Investment Co AD 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.

Galata Investment Co AD's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.38/0.70
=1.97

* 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.

Galata Investment Co AD's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Galata Investment Co AD's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.655/333.9520*333.9520
=0.655

Current CPI (Jun. 2026) = 333.9520.

Galata Investment Co AD Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.570 241.428 0.788
201612 0.576 241.432 0.797
201703 0.570 243.801 0.781
201706 0.570 244.955 0.777
201709 0.571 246.819 0.773
201712 0.569 246.524 0.771
201803 0.570 249.554 0.763
201806 0.573 251.989 0.759
201809 0.570 252.439 0.754
201812 0.576 251.233 0.766
201903 0.572 254.202 0.751
201906 0.572 256.143 0.746
201909 0.571 256.759 0.743
201912 0.572 256.974 0.743
202003 0.596 258.115 0.771
202006 0.597 257.797 0.773
202009 0.597 260.280 0.766
202012 0.581 260.474 0.745
202103 0.581 264.877 0.733
202106 0.581 271.696 0.714
202109 0.585 274.310 0.712
202112 0.582 278.802 0.697
202203 0.581 287.504 0.675
202206 0.582 296.311 0.656
202209 0.581 296.808 0.654
202212 0.579 296.797 0.651
202303 0.582 301.836 0.644
202306 0.582 305.109 0.637
202309 0.581 307.789 0.630
202312 0.581 306.746 0.633
202403 0.582 312.332 0.622
202406 0.582 314.175 0.619
202409 0.583 315.301 0.617
202412 0.583 315.605 0.617
202503 0.586 319.799 0.612
202506 0.582 322.561 0.603
202509 0.582 324.800 0.598
202512 0.575 324.054 0.593
202603 0.579 330.213 0.586
202606 0.655 333.952 0.655

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 1.97 mean?
Galata Investment Co AD (XBUL:GTH) has a Cyclically Adjusted PB Ratio of 1.97 as of Aug. 16, 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 Galata Investment Co AD and its competitors. This is 46% below median its historical median of 3.68. Over the past decade, Galata Investment Co AD's Cyclically Adjusted PB Ratio has ranged from 1.94 to 3.88. According to the industry distribution chart, Galata Investment Co AD ranks #1188 out of 1400 companies in the Real Estate industry, placing it in the top 84.9%.
Is Galata Investment Co AD's Cyclically Adjusted PB Ratio too high?
Galata Investment Co AD's current Cyclically Adjusted PB Ratio of 1.97 is 46% below median its 10-year median of 3.68. Over the past 10 years, this metric has ranged from a low of 1.94 to a high of 3.88. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.69. Galata Investment Co AD's value of 1.97 is 185.5% above this industry median. Based on the distribution chart, Galata Investment Co AD ranks #1188 out of 1400 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Galata Investment Co AD has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does Galata Investment Co AD's Cyclically Adjusted PB Ratio compare to competitors?
According to the Real Estate industry distribution chart, Galata Investment Co AD ranks #1188 out of 1400 companies for Cyclically Adjusted PB Ratio. This places Galata Investment Co AD in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.69. Galata Investment Co AD's value of 1.97 is 185.5% above this benchmark. Historically, Galata Investment Co AD's own Cyclically Adjusted PB Ratio has ranged from 1.94 to 3.88 over the past decade. While the company's 10-year median is 3.68 vs. the industry median of 0.69, Galata Investment Co AD 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 1,400 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. Galata Investment Co AD's current Cyclically Adjusted PB Ratio of 1.97 is 185.5% 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 Galata Investment Co AD 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. Galata Investment Co AD's current Cyclically Adjusted PB Ratio is 1.97, which is 46% below median its own 10-year median of 3.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Galata Investment Co AD stock overvalued right now?
Galata Investment Co AD (XBUL:GTH) has a current Cyclically Adjusted PB Ratio of 1.97. The current Cyclically Adjusted PB Ratio is 1.97, which is 46% below median its 10-year median of 3.68 and 185.5% above the Real Estate industry median of 0.69. Galata Investment Co AD's overall GF Score™ is 44/100 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 Galata Investment Co AD (XBUL:GTH), the current Cyclically Adjusted PB Ratio is 1.97 as of Aug. 16, 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.

Galata Investment Co AD Business Description

Address 1 Georgi Stamatov Street, Asparuhovo, Varna, BGR, 9003
Galata Investment Co AD is engaged in the real estate sector. The company is engaged in the buying and selling real estate and letting of its own real estates.
44GF 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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