GOP Properties Socimi (XMAD:YGOP) Cyclically Adjusted PB Ratio: 0.79 (As of Jul. 20, 2026) — Near Median

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.

XMAD:YGOP GOP Properties Socimi SA XMAD:YGOP
61 GF Score
Price €17.60
GF Value €17.14
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is GOP Properties Socimi Cyclically Adjusted PB Ratio?

GOP Properties Socimi XMAD:YGOP 61 Cyclically Adjusted PB Ratio is 0.79 as of Jul. 20, 2026, which is 3% above its 10-year median of 0.77. GuruFocus rates XMAD:YGOP with a GF Score™ of 61/100 and a GF Value™ of €17.14 (Fairly Valued). The stock has 5 warning signs investors should review. Among 557 REITs companies, GOP Properties Socimi ranks better than 52.78% on this metric.

As of today (2026-07-20), GOP Properties Socimi's current share price is €17.60. GOP Properties Socimi's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was €22.17. GOP Properties Socimi's Cyclically Adjusted PB Ratio for today is 0.79.

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

XMAD:YGOP' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.75   Med: 0.77   Max: 0.79
Current: 0.79

During the past 10 years, GOP Properties Socimi's highest Cyclically Adjusted PB Ratio was 0.79. The lowest was 0.75. And the median was 0.77.

XMAD:YGOP's Cyclically Adjusted PB Ratio is ranked better than
52.78% of 557 companies
in the REITs industry
Industry Median: 0.83 vs XMAD:YGOP: 0.79

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.

GOP Properties Socimi's adjusted book value per share data of for the fiscal year that ended in Dec25 was €20.635. 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 €22.17 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


GOP Properties Socimi  (XMAD:YGOP) 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.


GOP Properties Socimi Cyclically Adjusted PB Ratio Related Terms


GOP Properties Socimi Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for GOP 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.

GOP Properties Socimi Cyclically Adjusted PB Ratio Chart

GOP Properties Socimi 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 0.00 0.00 0.76

GOP Properties Socimi Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 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 0.00 0.00 0.00 0.76

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

For the REIT - Diversified subindustry, GOP 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.


GOP Properties Socimi Cyclically Adjusted PB Ratio vs REITs Industry

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

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


XMAD:YGOP
61GF Score
GOP Properties Socimi SA XMAD:YGOP
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

GOP 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=17.60/22.17
=0.79

* 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.

GOP Properties Socimi's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, GOP Properties Socimi'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)
=20.635/128.4000*128.4000
=20.635

Current CPI (Dec25) = 128.4000.

GOP Properties Socimi Annual Data

Book Value per Share CPI Adj_Book
201612 12.878 101.842 16.236
201712 18.832 102.975 23.482
201812 20.814 104.193 25.650
201912 20.423 105.015 24.971
202012 19.546 104.456 24.026
202112 19.590 111.298 22.600
202212 20.440 117.650 22.308
202312 19.953 121.300 21.121
202412 20.069 124.753 20.656
202512 20.635 128.400 20.635

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 0.79 mean?
GOP Properties Socimi (XMAD:YGOP) has a Cyclically Adjusted PB Ratio of 0.79 as of Jul. 20, 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 GOP Properties Socimi and its competitors. This is near median its historical median of 0.77. Over the past decade, GOP Properties Socimi's Cyclically Adjusted PB Ratio has ranged from 0.75 to 0.79. According to the industry distribution chart, GOP Properties Socimi ranks #263 out of 557 companies in the REITs industry, placing it in the top 47.2%.
Is GOP Properties Socimi's Cyclically Adjusted PB Ratio too high?
GOP Properties Socimi's current Cyclically Adjusted PB Ratio of 0.79 is near median its 10-year median of 0.77. Over the past 10 years, this metric has ranged from a low of 0.75 to a high of 0.79. The REITs industry median Cyclically Adjusted PB Ratio is 0.83. GOP Properties Socimi's value of 0.79 is 4.8% below this industry median. Based on the distribution chart, GOP Properties Socimi ranks #263 out of 557 companies in the REITs industry, which is above the industry midpoint. Overall, GOP Properties Socimi has a GF Score™ of 61/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does GOP Properties Socimi's Cyclically Adjusted PB Ratio compare to VICI and WPC?
According to the REITs industry distribution chart, GOP Properties Socimi ranks #263 out of 557 companies for Cyclically Adjusted PB Ratio. This puts GOP Properties Socimi in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.83. GOP Properties Socimi's value of 0.79 is 4.8% below this benchmark. Historically, GOP Properties Socimi's own Cyclically Adjusted PB Ratio has ranged from 0.75 to 0.79 over the past decade. While the company's 10-year median is 0.77 vs. the industry median of 0.83, GOP Properties Socimi has consistently been below 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. GOP Properties Socimi's current Cyclically Adjusted PB Ratio of 0.79 is 4.8% below 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 GOP Properties 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. GOP Properties Socimi's current Cyclically Adjusted PB Ratio is 0.79, which is near median its own 10-year median of 0.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GOP Properties Socimi stock overvalued right now?
Based on GuruFocus' analysis, GOP Properties Socimi (XMAD:YGOP) is currently considered Fairly Valued. The stock's GF Value™ is €17.14, compared to a current price of €17.60 — trading 2.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.79, which is near median its 10-year median of 0.77 and 4.8% below the REITs industry median of 0.83. GOP Properties Socimi's overall GF Score™ is 61/100 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 GOP Properties Socimi (XMAD:YGOP), the current Cyclically Adjusted PB Ratio is 0.79 as of Jul. 20, 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 GOP Properties Socimi (XMAD:YGOP) Overvalued in 2026?

Based on GuruFocus' analysis, GOP Properties Socimi stock appears to be overvalued. The current stock price of €17.60 is trading 2.7% above its estimated GF Value™ of €17.14. GuruFocus considers GOP Properties Socimi to be Fairly Valued.

Key valuation signals for XMAD:YGOP:

  • Cyclically Adjusted PB Ratio: 0.79 (near median its 10-year median of 0.77)
  • GF Value™: €17.14 vs. price of €17.60 (2.7% above fair value)
  • GF Score™: 61/100 with 5 warning signs
  • Industry Position: 4.8% below the REITs median (#263 of 557)

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


GOP Properties Socimi Business Description

Industry Real EstateREITs
Address Avenida del Ensanche de Vallecas, 44, Madrid, ESP, 28051
GOP Properties Socimi SA is a Real Estate Investment Trust. The purpose of the company is to manage and operate a diversified portfolio of assets. Its assets are located mainly in Madrid. The main strategy of the company is aimed at generating recurring income for the shareholder and the creation of value in the assets of its present and future portfolio.
61GF Score

Get the complete analysis for XMAD:YGOP

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

€17.60
Price
€17.14
GF Value