Am Locales Property (XMAD:YAML) Cyclically Adjusted PB Ratio: 2.73 (As of Jul. 16, 2026) — Near Median

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XMAD:YAML Am Locales Property SA XMAD:YAML
44 GF Score
Price €21.80
! 1 Warning Sign
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What is Am Locales Property Cyclically Adjusted PB Ratio?

Am Locales Property XMAD:YAML 44 Cyclically Adjusted PB Ratio is 2.73 as of Jul. 16, 2026, which is 8% above its 10-year median of 2.52. GuruFocus rates XMAD:YAML with a GF Score™ of 44/100. The stock has 1 warning sign investors should review.

As of today (2026-07-16), Am Locales Property's current share price is €21.80. Am Locales Property's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was €8.00. Am Locales Property's Cyclically Adjusted PB Ratio for today is 2.73.

The historical rank and industry rank for Am Locales Property's Cyclically Adjusted PB Ratio or its related term are showing as below:

XMAD:YAML' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.47   Med: 2.52   Max: 2.73
Current: 2.73

During the past 13 years, Am Locales Property's highest Cyclically Adjusted PB Ratio was 2.73. The lowest was 2.47. And the median was 2.52.

XMAD:YAML's Cyclically Adjusted PB Ratio is not ranked
in the REITs industry.
Industry Median: 0.83 vs XMAD:YAML: 2.73

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.

Am Locales Property's adjusted book value per share data of for the fiscal year that ended in Dec25 was €6.792. 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 €8.00 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Am Locales Property  (XMAD:YAML) 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.


Am Locales Property Cyclically Adjusted PB Ratio Related Terms


Am Locales Property Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Am Locales Property'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.

Am Locales Property Cyclically Adjusted PB Ratio Chart

Am Locales Property 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 2.47 2.52 2.61 2.73

Am Locales Property Semi-Annual Data
Dec14 Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 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 0.00 2.52 0.00 2.61 2.73

XMAD:YAML vs AMT, CCI, EQIX: Cyclically Adjusted PB Ratio Comparison

For the REIT - Retail subindustry, Am Locales Property'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.


Am Locales Property Cyclically Adjusted PB Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Am Locales Property's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Am Locales Property's Cyclically Adjusted PB Ratio falls into.


XMAD:YAML
44GF Score
Am Locales Property SA XMAD:YAML
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Am Locales Property 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.

Am Locales Property's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=21.80/8.00
=2.73

* 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.

Am Locales Property's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Am Locales Property'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)
=6.792/128.4000*128.4000
=6.792

Current CPI (Dec25) = 128.4000.

Am Locales Property Annual Data

Book Value per Share CPI Adj_Book
201612 10.180 101.842 12.835
201712 6.128 102.975 7.641
201812 6.327 104.193 7.797
201912 6.170 105.015 7.544
202012 6.001 104.456 7.377
202112 6.374 111.298 7.353
202212 7.362 117.650 8.035
202312 7.258 121.300 7.683
202412 6.734 124.753 6.931
202512 6.792 128.400 6.792

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 2.73 mean?
Am Locales Property (XMAD:YAML) has a Cyclically Adjusted PB Ratio of 2.73 as of Jul. 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 Am Locales Property and its competitors. This is near median its historical median of 2.52. Over the past decade, Am Locales Property's Cyclically Adjusted PB Ratio has ranged from 2.47 to 2.73.
Is Am Locales Property's Cyclically Adjusted PB Ratio too high?
Am Locales Property's current Cyclically Adjusted PB Ratio of 2.73 is near median its 10-year median of 2.52. Over the past 10 years, this metric has ranged from a low of 2.47 to a high of 2.73. The REITs industry median Cyclically Adjusted PB Ratio is 0.83. Am Locales Property's value of 2.73 is 228.9% above this industry median. Overall, Am Locales Property has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does Am Locales Property's Cyclically Adjusted PB Ratio compare to AMT and CCI?
Am Locales Property's Cyclically Adjusted PB Ratio of 2.73 can be compared against companies in the REITs industry. The industry median Cyclically Adjusted PB Ratio is 0.83. Am Locales Property's value of 2.73 is 228.9% above this benchmark. Historically, Am Locales Property's own Cyclically Adjusted PB Ratio has ranged from 2.47 to 2.73 over the past decade. While the company's 10-year median is 2.52 vs. the industry median of 0.83, Am Locales Property 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 0.83, 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. Am Locales Property's current Cyclically Adjusted PB Ratio of 2.73 is 228.9% 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 Am Locales Property and its competitors. For the REITs industry, the median Cyclically Adjusted PB Ratio is 0.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Am Locales Property's current Cyclically Adjusted PB Ratio is 2.73, which is near median its own 10-year median of 2.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Am Locales Property stock overvalued right now?
Am Locales Property (XMAD:YAML) has a current Cyclically Adjusted PB Ratio of 2.73. The current Cyclically Adjusted PB Ratio is 2.73, which is near median its 10-year median of 2.52 and 228.9% above the REITs industry median of 0.83. Am Locales Property's overall GF Score™ is 44/100 with 1 warning sign 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 Am Locales Property (XMAD:YAML), the current Cyclically Adjusted PB Ratio is 2.73 as of Jul. 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.

Am Locales Property Business Description

Industry Real EstateREITs
Address C / Sor Angela de la Cruz, 2, 10th floor. Cuzco III Building, Madrid, ESP, 28020
Am Locales Property SA is a Real Estate company with a vocation to accumulate real estate that generates stable income. The company focuses on investment in commercial premises in any of its formats: premises in a commercial street, medium surface, in a shopping center, or exempt commercial warehouses with parking.
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.

€21.80
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