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CPI Europe AGXPRA:IIA 65 Cyclically Adjusted PB Ratio is 0.44 as of Aug. 09, 2026, which is 6% below its 10-year median of 0.47. GuruFocus rates XPRA:IIA with a GF Score™ of 65/100 and a GF Value™ of Kč352.31. The stock has 7 warning signs investors should review. Among 1,412 Real Estate companies, CPI Europe AG ranks better than 64.09% on this metric.
The historical rank and industry rank for CPI Europe AG's Cyclically Adjusted PB Ratio or its related term are showing as below:
XPRA:IIA'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.27 Med: 0.47 Max: 0.88
Current: 0.46
During the past years, CPI Europe AG's highest Cyclically Adjusted PB Ratio was 0.88. The lowest was 0.27. And the median was 0.47.
XPRA:IIA's Cyclically Adjusted PB Ratio is ranked better than 64.09% of 1412
companies
in the Real Estate industry
Industry Median: 0.69
vs XPRA:IIA: 0.46
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.
CPI Europe AG's adjusted book value per share data for the three months ended in Mar. 2026 was Kč806.968. 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 Kč843.95 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
CPI Europe AG (XPRA:IIA) 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.
CPI Europe AG Cyclically Adjusted PB Ratio Related Terms
CPI Europe AG Cyclically Adjusted PB Ratio Historical Data
* Premium members only.
The historical data trend for CPI Europe AG'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.
XPRA:IIA vs CBRE, BEKE, JLL: Cyclically Adjusted PB Ratio Comparison
For the Real Estate Services subindustry, CPI Europe AG'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.
CPI Europe AG Cyclically Adjusted PB Ratio vs Real Estate Industry
For the Real Estate industry and Real Estate sector, CPI Europe AG's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where CPI Europe AG's Cyclically Adjusted PB Ratio falls into.
CPI Europe AG 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.
CPI Europe AG's Cyclically Adjusted PB Ratio for today is calculated as
* 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.
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 0.44 mean?
CPI Europe AG (XPRA:IIA) has a Cyclically Adjusted PB Ratio of 0.44 as of Aug. 09, 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 CPI Europe AG and its competitors. This is near median its historical median of 0.47. Over the past decade, CPI Europe AG's Cyclically Adjusted PB Ratio has ranged from 0.27 to 0.88. According to the industry distribution chart, CPI Europe AG ranks #507 out of 1412 companies in the Real Estate industry, placing it in the top 35.9%.
Is CPI Europe AG's Cyclically Adjusted PB Ratio too high?
CPI Europe AG's current Cyclically Adjusted PB Ratio of 0.44 is near median its 10-year median of 0.47. Over the past 10 years, this metric has ranged from a low of 0.27 to a high of 0.88. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.69. CPI Europe AG's value of 0.44 is 36.2% below this industry median. Based on the distribution chart, CPI Europe AG ranks #507 out of 1412 companies in the Real Estate industry, which is above the industry midpoint. Overall, CPI Europe AG has a GF Score™ of 65/100, reflecting its overall financial health beyond just this single metric.
How does CPI Europe AG's Cyclically Adjusted PB Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, CPI Europe AG ranks #507 out of 1412 companies for Cyclically Adjusted PB Ratio. This puts CPI Europe AG in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.69. CPI Europe AG's value of 0.44 is 36.2% below this benchmark. Historically, CPI Europe AG's own Cyclically Adjusted PB Ratio has ranged from 0.27 to 0.88 over the past decade. While the company's 10-year median is 0.47 vs. the industry median of 0.69, CPI Europe AG 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 Real Estate company?
The median Cyclically Adjusted PB Ratio among Real Estate companies is 0.69, based on 1,412 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. CPI Europe AG's current Cyclically Adjusted PB Ratio of 0.44 is 36.2% 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 CPI Europe AG 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. CPI Europe AG's current Cyclically Adjusted PB Ratio is 0.44, which is near median its own 10-year median of 0.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CPI Europe AG stock overvalued right now?
CPI Europe AG (XPRA:IIA) has a current Cyclically Adjusted PB Ratio of 0.44. The stock's GF Value™ is Kč352.31, compared to a current price of Kč372.50 — trading 5.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.44, which is near median its 10-year median of 0.47 and 36.2% below the Real Estate industry median of 0.69. CPI Europe AG's overall GF Score™ is 65/100 with 7 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 CPI Europe AG (XPRA:IIA), the current Cyclically Adjusted PB Ratio is 0.44 as of Aug. 09, 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 CPI Europe AG (XPRA:IIA) Overvalued in 2026?
Based on GuruFocus' analysis, CPI Europe AG stock appears to be overvalued.
The current stock price of Kč372.50 is trading 5.7% above its estimated GF Value™ of Kč352.31.
Key valuation signals for XPRA:IIA:
Cyclically Adjusted PB Ratio: 0.44 (near median its 10-year median of 0.47)
GF Value™: Kč352.31 vs. price of Kč372.50 (5.7% above fair value)
Industry Position: 36.2% below the Real Estate median (#507 of 1412)
No single metric tells the full story. See the XPRA:IIA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CPI Europe AG is a real estate investment and development company in Europe. It provides real estate solutions for customers from a portfolio consisting of commercial properties in the office and retail asset classes and is focused on flexible property consumers. It has three brands in particular: myhive for offices, VIVO! for shopping centers, and STOP SHOP for retail parks. The company provides management and development of retail and office properties in selected Central and Eastern European countries.
65GF Score
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