AP67 Socimi (XMAD:YAP67) Cyclically Adjusted PB Ratio: 2.50 (As of Jul. 22, 2026) — Near Median

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XMAD:YAP67 AP67 Socimi SA XMAD:YAP67
77 GF Score
Price €5.60
GF Value €9.46
Valuation Possible Value Trap
! 5 Warning Signs
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What is AP67 Socimi Cyclically Adjusted PB Ratio?

AP67 Socimi XMAD:YAP67 77 Cyclically Adjusted PB Ratio is 2.50 as of Jul. 22, 2026, which is at its 10-year median of 2.50. GuruFocus rates XMAD:YAP67 with a GF Score™ of 77/100 and a GF Value™ of €9.46 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 557 REITs companies, AP67 Socimi ranks worse than 91.2% on this metric.

As of today (2026-07-22), AP67 Socimi's current share price is €5.60. AP67 Socimi's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec24 was €2.24. AP67 Socimi's Cyclically Adjusted PB Ratio for today is 2.50.

The historical rank and industry rank for AP67 Socimi's Cyclically Adjusted PB Ratio or its related term are showing as below:

XMAD:YAP67' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.24   Med: 2.5   Max: 2.58
Current: 2.5

During the past 11 years, AP67 Socimi's highest Cyclically Adjusted PB Ratio was 2.58. The lowest was 2.24. And the median was 2.50.

XMAD:YAP67's Cyclically Adjusted PB Ratio is ranked worse than
91.2% of 557 companies
in the REITs industry
Industry Median: 0.83 vs XMAD:YAP67: 2.50

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.

AP67 Socimi's adjusted book value per share data of for the fiscal year that ended in Dec24 was €2.815. 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 €2.24 for the trailing ten years ended in Dec24.

Shiller PE for Stocks: The True Measure of Stock Valuation


AP67 Socimi  (XMAD:YAP67) 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.


AP67 Socimi Cyclically Adjusted PB Ratio Related Terms


AP67 Socimi Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for AP67 Socimi'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.

AP67 Socimi Cyclically Adjusted PB Ratio Chart

AP67 Socimi Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 2.24 2.39

AP67 Socimi Semi-Annual Data
Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 2.24 2.39

XMAD:YAP67 vs VICI, WPC: Cyclically Adjusted PB Ratio Comparison

For the REIT - Diversified subindustry, AP67 Socimi'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.


AP67 Socimi Cyclically Adjusted PB Ratio vs REITs Industry

For the REITs industry and Real Estate sector, AP67 Socimi's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where AP67 Socimi's Cyclically Adjusted PB Ratio falls into.


XMAD:YAP67
77GF Score
AP67 Socimi SA XMAD:YAP67
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AP67 Socimi 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.

AP67 Socimi's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.60/2.24
=2.50

* 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.

AP67 Socimi's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec24 is calculated as:

For example, AP67 Socimi's adjusted Book Value per Share data for the fiscal year that ended in Dec24 was:

Adj_Book=Book Value per Share/CPI of Dec24 (Change)*Current CPI (Dec24)
=2.815/124.7533*124.7533
=2.815

Current CPI (Dec24) = 124.7533.

AP67 Socimi Annual Data

Book Value per Share CPI Adj_Book
201512 1.338 100.268 1.665
201612 0.828 101.842 1.014
201712 1.107 102.975 1.341
201812 1.176 104.193 1.408
201912 2.563 105.015 3.045
202012 2.512 104.456 3.000
202112 2.437 111.298 2.732
202212 2.485 117.650 2.635
202312 2.686 121.300 2.762
202412 2.815 124.753 2.815

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 2.50 mean?
AP67 Socimi (XMAD:YAP67) has a Cyclically Adjusted PB Ratio of 2.50 as of Jul. 22, 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 AP67 Socimi and its competitors. This is near median its historical median of 2.50. Over the past decade, AP67 Socimi's Cyclically Adjusted PB Ratio has ranged from 2.24 to 2.58. According to the industry distribution chart, AP67 Socimi ranks #508 out of 557 companies in the REITs industry, placing it in the top 91.2%.
Is AP67 Socimi's Cyclically Adjusted PB Ratio too high?
AP67 Socimi's current Cyclically Adjusted PB Ratio of 2.50 is near median its 10-year median of 2.50. Over the past 10 years, this metric has ranged from a low of 2.24 to a high of 2.58. The REITs industry median Cyclically Adjusted PB Ratio is 0.83. AP67 Socimi's value of 2.50 is 201.2% above this industry median. Based on the distribution chart, AP67 Socimi ranks #508 out of 557 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, AP67 Socimi has a GF Score™ of 77/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does AP67 Socimi's Cyclically Adjusted PB Ratio compare to VICI and WPC?
According to the REITs industry distribution chart, AP67 Socimi ranks #508 out of 557 companies for Cyclically Adjusted PB Ratio. This places AP67 Socimi in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.83. AP67 Socimi's value of 2.50 is 201.2% above this benchmark. Historically, AP67 Socimi's own Cyclically Adjusted PB Ratio has ranged from 2.24 to 2.58 over the past decade. While the company's 10-year median is 2.50 vs. the industry median of 0.83, AP67 Socimi 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 557 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. AP67 Socimi's current Cyclically Adjusted PB Ratio of 2.50 is 201.2% 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 AP67 Socimi 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. AP67 Socimi's current Cyclically Adjusted PB Ratio is 2.50, which is near median its own 10-year median of 2.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AP67 Socimi stock overvalued right now?
Based on GuruFocus' analysis, AP67 Socimi (XMAD:YAP67) is currently considered Possible Value Trap. The stock's GF Value™ is €9.46, compared to a current price of €5.60 — trading 40.8% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.50, which is near median its 10-year median of 2.50 and 201.2% above the REITs industry median of 0.83. AP67 Socimi's overall GF Score™ is 77/100 with 5 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 AP67 Socimi (XMAD:YAP67), the current Cyclically Adjusted PB Ratio is 2.50 as of Jul. 22, 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 AP67 Socimi (XMAD:YAP67) Overvalued in 2026?

Based on GuruFocus' analysis, AP67 Socimi stock appears to be undervalued. The current stock price of €5.60 is trading 40.8% below its estimated GF Value™ of €9.46. GuruFocus considers AP67 Socimi to be Possible Value Trap.

Key valuation signals for XMAD:YAP67:

  • Cyclically Adjusted PB Ratio: 2.50 (near median its 10-year median of 2.50)
  • GF Value™: €9.46 vs. price of €5.60 (40.8% below fair value)
  • GF Score™: 77/100 with 5 warning signs
  • Industry Position: 201.2% above the REITs median (#508 of 557)

No single metric tells the full story. See the XMAD:YAP67 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


AP67 Socimi Business Description

Industry Real EstateREITs
Address Calle Villaverde, 2, Leganes, Madrid, ESP, 28912
AP67 Socimi SA operates as a real estate investment trust. The firm's main activity is the acquisition and management of real estate assets in Spain.
77GF Score

Get the complete analysis for XMAD:YAP67

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

€5.60
Price
€9.46
GF Value