Aroundtown (XSWX:AT1) Cyclically Adjusted PB Ratio: 0.19 (As of Aug. 13, 2026) — 21% Below 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.

XSWX:AT1 Aroundtown SA XSWX:AT1
17 GF Score
Price CHF1.99
GF Value CHF2.47
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Aroundtown Cyclically Adjusted PB Ratio?

Aroundtown XSWX:AT1 17 Cyclically Adjusted PB Ratio is 0.19 as of Aug. 13, 2026, which is 21% below its 10-year median of 0.24. GuruFocus rates XSWX:AT1 with a GF Score™ of 17/100 and a GF Value™ of CHF2.47 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,402 Real Estate companies, Aroundtown ranks better than 83.52% on this metric.

As of today (2026-08-13), Aroundtown's current share price is CHF1.988. Aroundtown's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was CHF10.70. Aroundtown's Cyclically Adjusted PB Ratio for today is 0.19.

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

XSWX:AT1' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.17   Med: 0.24   Max: 0.33
Current: 0.19

During the past years, Aroundtown's highest Cyclically Adjusted PB Ratio was 0.33. The lowest was 0.17. And the median was 0.24.

XSWX:AT1's Cyclically Adjusted PB Ratio is ranked better than
83.52% of 1402 companies
in the Real Estate industry
Industry Median: 0.69 vs XSWX:AT1: 0.19

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.

Aroundtown's adjusted book value per share data for the three months ended in Mar. 2026 was CHF10.647. 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 CHF10.70 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aroundtown  (XSWX:AT1) 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.


Aroundtown Cyclically Adjusted PB Ratio Related Terms


Aroundtown Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Aroundtown'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.

Aroundtown Cyclically Adjusted PB Ratio Chart

Aroundtown 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 0.26 0.29 0.24

Aroundtown Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.24 0.29 0.30 0.24 0.20

XSWX:AT1 vs CBRE, BEKE, JLL: Cyclically Adjusted PB Ratio Comparison

For the Real Estate Services subindustry, Aroundtown'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.


Aroundtown Cyclically Adjusted PB Ratio vs Real Estate Industry

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

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


XSWX:AT1
17GF Score
Aroundtown SA XSWX:AT1
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aroundtown 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.

Aroundtown's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.988/10.70
=0.19

* 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.

Aroundtown's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Aroundtown's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=10.647/127.1600*127.1600
=10.647

Current CPI (Mar. 2026) = 127.1600.

Aroundtown Quarterly Data

Book Value per Share CPI Adj_Book
201606 4.482 100.660 5.662
201609 4.753 100.750 5.999
201612 5.674 101.040 7.141
201703 6.144 101.780 7.676
201706 6.851 102.170 8.527
201709 7.757 102.520 9.621
201712 8.104 102.410 10.063
201803 9.777 102.900 12.082
201806 9.008 103.650 11.051
201809 9.052 104.580 11.006
201812 9.376 104.320 11.429
201903 9.826 105.140 11.884
201906 10.212 105.550 12.303
201909 10.528 105.900 12.642
201912 10.769 106.080 12.909
202003 11.174 106.040 13.400
202006 11.496 106.340 13.747
202009 11.453 106.620 13.659
202012 12.759 106.670 15.210
202103 11.696 108.140 13.753
202106 13.233 108.680 15.483
202109 0.000 109.470 0.000
202112 14.410 111.090 16.495
202203 14.119 114.780 15.642
202206 14.146 116.750 15.407
202209 13.394 117.000 14.557
202212 13.281 117.060 14.427
202303 12.969 118.910 13.869
202306 11.894 120.460 12.556
202309 11.667 121.740 12.186
202312 10.698 121.170 11.227
202403 10.995 122.590 11.405
202406 10.361 123.120 10.701
202409 10.224 123.300 10.544
202412 10.390 122.430 10.791
202503 10.825 124.210 11.082
202506 10.678 125.820 10.792
202509 10.660 126.570 10.710
202512 10.194 126.180 10.273
202603 10.647 127.160 10.647

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 0.19 mean?
Aroundtown (XSWX:AT1) has a Cyclically Adjusted PB Ratio of 0.19 as of Aug. 13, 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 Aroundtown and its competitors. This is 21% below median its historical median of 0.24. Over the past decade, Aroundtown's Cyclically Adjusted PB Ratio has ranged from 0.17 to 0.33. According to the industry distribution chart, Aroundtown ranks #231 out of 1402 companies in the Real Estate industry, placing it in the top 16.5%.
Is Aroundtown's Cyclically Adjusted PB Ratio too high?
Aroundtown's current Cyclically Adjusted PB Ratio of 0.19 is 21% below median its 10-year median of 0.24. Over the past 10 years, this metric has ranged from a low of 0.17 to a high of 0.33. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.69. Aroundtown's value of 0.19 is 72.5% below this industry median. Based on the distribution chart, Aroundtown ranks #231 out of 1402 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Aroundtown has a GF Score™ of 17/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Aroundtown's Cyclically Adjusted PB Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Aroundtown ranks #231 out of 1402 companies for Cyclically Adjusted PB Ratio. This places Aroundtown in the top 17% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 0.69. Aroundtown's value of 0.19 is 72.5% below this benchmark. Historically, Aroundtown's own Cyclically Adjusted PB Ratio has ranged from 0.17 to 0.33 over the past decade. While the company's 10-year median is 0.24 vs. the industry median of 0.69, Aroundtown 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 1,402 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. Aroundtown's current Cyclically Adjusted PB Ratio of 0.19 is 72.5% 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 Aroundtown 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. Aroundtown's current Cyclically Adjusted PB Ratio is 0.19, which is 21% below median its own 10-year median of 0.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aroundtown stock overvalued right now?
Based on GuruFocus' analysis, Aroundtown (XSWX:AT1) is currently considered Modestly Undervalued. The stock's GF Value™ is CHF2.47, compared to a current price of CHF1.99 — trading 19.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.19, which is 21% below median its 10-year median of 0.24 and 72.5% below the Real Estate industry median of 0.69. Aroundtown's overall GF Score™ is 17/100 with 4 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 Aroundtown (XSWX:AT1), the current Cyclically Adjusted PB Ratio is 0.19 as of Aug. 13, 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 Aroundtown (XSWX:AT1) Overvalued in 2026?

Based on GuruFocus' analysis, Aroundtown stock appears to be undervalued. The current stock price of CHF1.99 is trading 19.5% below its estimated GF Value™ of CHF2.47. GuruFocus considers Aroundtown to be Modestly Undervalued.

Key valuation signals for XSWX:AT1:

  • Cyclically Adjusted PB Ratio: 0.19 (21% below median its 10-year median of 0.24)
  • GF Value™: CHF2.47 vs. price of CHF1.99 (19.5% below fair value)
  • GF Score™: 17/100 with 4 warning signs
  • Industry Position: 72.5% below the Real Estate median (#231 of 1402)

No single metric tells the full story. See the XSWX:AT1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Aroundtown Business Description

Address 37, Boulevard Joseph II, Luxembourg, LUX, L-1840
Aroundtown SA is a Luxembourg-based specialist real estate investment group focusing on value-add income-generating properties in the German markets. The group covers commercial and residential real estate assets that benefit from fundamentals and growth prospects. The company operates in Germany, the Netherlands, the United Kingdom, Belgium, and other countries, out of which the majority of the revenue is generated from the German markets.
17GF Score

Get the complete analysis for XSWX:AT1

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

CHF1.99
Price
CHF2.47
GF Value