Albirana Properties Socimi (XMAD:YAPS) Cyclically Adjusted PB Ratio: 1.60 (As of Jul. 26, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
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.

What is Albirana Properties Socimi Cyclically Adjusted PB Ratio?

Albirana Properties Socimi XMAD:YAPS Cyclically Adjusted PB Ratio is 1.60 as of Jul. 26, 2026.

As of today (2026-07-26), Albirana Properties Socimi's current share price is €28.00. Albirana Properties Socimi's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec24 was €17.55. Albirana Properties Socimi's Cyclically Adjusted PB Ratio for today is 1.60.

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

XMAD:YAPS's Cyclically Adjusted PB Ratio is not ranked *
in the REITs industry.
Industry Median: 0.81
* Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.

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.

Albirana Properties Socimi's adjusted book value per share data of for the fiscal year that ended in Dec24 was €11.442. 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 €17.55 for the trailing ten years ended in Dec24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Albirana Properties Socimi  (XMAD:YAPS) 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.


Albirana Properties Socimi Cyclically Adjusted PB Ratio Related Terms


Albirana Properties Socimi Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Albirana Properties 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.

Albirana Properties Socimi Cyclically Adjusted PB Ratio Chart

Albirana Properties 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 0.00 1.60

Albirana Properties Socimi Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 0.00 0.00 0.00 0.00 1.60

XMAD:YAPS vs : Cyclically Adjusted PB Ratio Comparison

For the REIT - Diversified subindustry, Albirana Properties 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.


Albirana Properties Socimi Cyclically Adjusted PB Ratio vs REITs Industry

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

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



Albirana Properties 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=28.00/17.55
=1.60

* 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.

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

For example, Albirana Properties 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)
=11.442/124.7533*124.7533
=11.442

Current CPI (Dec24) = 124.7533.

Albirana Properties Socimi Annual Data

Book Value per Share CPI Adj_Book
201512 -0.079 100.268 -0.098
201612 21.739 101.842 26.630
201712 18.421 102.975 22.317
201812 33.320 104.193 39.895
201912 15.138 105.015 17.983
202012 12.353 104.456 14.753
202112 15.094 111.298 16.919
202212 12.524 117.650 13.280
202312 12.008 121.300 12.350
202412 11.442 124.753 11.442

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 1.60 mean?
Albirana Properties Socimi (XMAD:YAPS) has a Cyclically Adjusted PB Ratio of 1.60 as of Jul. 26, 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 Albirana Properties Socimi and its competitors.
Is Albirana Properties Socimi's Cyclically Adjusted PB Ratio too high?
Albirana Properties Socimi's current Cyclically Adjusted PB Ratio is 1.60. The REITs industry median Cyclically Adjusted PB Ratio is 0.81. Albirana Properties Socimi's value of 1.60 is 97.5% above this industry median.
How does Albirana Properties Socimi's Cyclically Adjusted PB Ratio compare to ?
Albirana Properties Socimi's Cyclically Adjusted PB Ratio of 1.60 can be compared against companies in the REITs industry. The industry median Cyclically Adjusted PB Ratio is 0.81. Albirana Properties Socimi's value of 1.60 is 97.5% above this benchmark. 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 0.81, 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. Albirana Properties Socimi's current Cyclically Adjusted PB Ratio of 1.60 is 97.5% 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 Albirana Properties Socimi and its competitors. For the REITs industry, the median Cyclically Adjusted PB Ratio is 0.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Albirana Properties Socimi's current Cyclically Adjusted PB Ratio is 1.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Albirana Properties Socimi stock overvalued right now?
Albirana Properties Socimi (XMAD:YAPS) has a current Cyclically Adjusted PB Ratio of 1.60. The current Cyclically Adjusted PB Ratio is 1.60 and 97.5% above the REITs industry median of 0.81. 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 Albirana Properties Socimi (XMAD:YAPS), the current Cyclically Adjusted PB Ratio is 1.60 as of Jul. 26, 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.

Albirana Properties Socimi Business Description

Industry Real EstateREITs
Comparable Companies
Address Calle Roure 6-8, Planta 4 Poligono Industrial Mas Mateu, El Prat de Llobregat, Barcelona, ESP
Albirana Properties Socimi SA is a real-estate investment company. The purpose of the company is the acquisition and promotion of urban real estate for lease, the holding of shares in the capital of SOCIMI or in the capital of other entities, as well as the holding of shares or units of Real Estate Collective Investment Institutions.