Africa Israel Residences (XTAE:AFRE) Cyclically Adjusted PB Ratio: 1.99 (As of Aug. 27, 2026) — 14% Below Median

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XTAE:AFRE Africa Israel Residences Ltd XTAE:AFRE
66 GF Score
Price ₪237.00
GF Value ₪231.61
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Africa Israel Residences Cyclically Adjusted PB Ratio?

Africa Israel Residences XTAE:AFRE +2.02% 66 Cyclically Adjusted PB Ratio is 1.99 as of Aug. 27, 2026, which is 14% below its 10-year median of 2.31. GuruFocus rates XTAE:AFRE with a GF Score™ of 66/100 and a GF Value™ of ₪231.61 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,309 Real Estate companies, Africa Israel Residences ranks worse than 85.41% on this metric.

As of today (2026-08-27), Africa Israel Residences's current share price is ₪237.00. Africa Israel Residences's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ₪119.28. Africa Israel Residences's Cyclically Adjusted PB Ratio for today is 1.99.

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

XTAE:AFRE' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.71   Med: 2.31   Max: 2.91
Current: 1.92

During the past years, Africa Israel Residences's highest Cyclically Adjusted PB Ratio was 2.91. The lowest was 1.71. And the median was 2.31.

XTAE:AFRE's Cyclically Adjusted PB Ratio is ranked worse than
85.41% of 1309 companies
in the Real Estate industry
Industry Median: 0.67 vs XTAE:AFRE: 1.92

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.

Africa Israel Residences's adjusted book value per share data for the three months ended in Jun. 2026 was ₪159.470. 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 ₪119.28 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Africa Israel Residences  (XTAE:AFRE) 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.


Africa Israel Residences Cyclically Adjusted PB Ratio Related Terms


Africa Israel Residences Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Africa Israel Residences'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.

Africa Israel Residences Cyclically Adjusted PB Ratio Chart

Africa Israel Residences 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 2.05 2.69 2.47

Africa Israel Residences Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 2.80 2.36 2.47 2.07 1.82

Africa Israel Residences Cyclically Adjusted PB Ratio Competitor Comparison

For the Real Estate - Development subindustry, Africa Israel Residences'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.


Africa Israel Residences Cyclically Adjusted PB Ratio vs Real Estate Industry

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

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


XTAE:AFRE
66GF Score
Africa Israel Residences Ltd XTAE:AFRE
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Africa Israel Residences 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.

Africa Israel Residences's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=237.00/119.28
=1.99

* 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.

Africa Israel Residences's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Africa Israel Residences's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=159.47/333.9520*333.9520
=159.470

Current CPI (Jun. 2026) = 333.9520.

Africa Israel Residences Quarterly Data

Book Value per Share CPI Adj_Book
201609 60.432 241.428 83.592
201612 65.307 241.432 90.334
201703 67.330 243.801 92.227
201706 69.763 244.955 95.109
201709 75.552 246.819 102.224
201712 77.983 246.524 105.639
201803 77.884 249.554 104.224
201806 75.188 251.989 99.644
201809 76.898 252.439 101.729
201812 79.539 251.233 105.727
201903 80.642 254.202 105.942
201906 78.095 256.143 101.818
201909 79.610 256.759 103.544
201912 84.206 256.974 109.430
202003 80.312 258.115 103.909
202006 81.990 257.797 106.210
202009 83.573 260.280 107.228
202012 88.329 260.474 113.246
202103 84.381 264.877 106.386
202106 86.227 271.696 105.985
202109 87.416 274.310 106.422
202112 98.593 278.802 118.096
202203 97.695 287.504 113.478
202206 105.328 296.311 118.708
202209 105.266 296.808 118.440
202212 108.206 296.797 121.752
202303 108.719 301.836 120.287
202306 110.569 305.109 121.021
202309 111.501 307.789 120.979
202312 115.921 306.746 126.202
202403 136.165 312.332 145.591
202406 137.628 314.175 146.292
202409 139.095 315.301 147.323
202412 147.393 315.605 155.961
202503 148.145 319.799 154.701
202506 148.305 322.561 153.542
202509 152.054 324.800 156.338
202512 157.245 324.054 162.048
202603 158.772 330.213 160.570
202606 159.470 333.952 159.470

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 1.99 mean?
Africa Israel Residences (XTAE:AFRE) has a Cyclically Adjusted PB Ratio of 1.99 as of Aug. 27, 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 Africa Israel Residences and its competitors. This is 14% below median its historical median of 2.31. Over the past decade, Africa Israel Residences' Cyclically Adjusted PB Ratio has ranged from 1.71 to 2.91. According to the industry distribution chart, Africa Israel Residences ranks #1118 out of 1309 companies in the Real Estate industry, placing it in the top 85.4%.
Is Africa Israel Residences' Cyclically Adjusted PB Ratio too high?
Africa Israel Residences' current Cyclically Adjusted PB Ratio of 1.99 is 14% below median its 10-year median of 2.31. Over the past 10 years, this metric has ranged from a low of 1.71 to a high of 2.91. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.67. Africa Israel Residences' value of 1.99 is 197% above this industry median. Based on the distribution chart, Africa Israel Residences ranks #1118 out of 1309 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Africa Israel Residences has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Africa Israel Residences' Cyclically Adjusted PB Ratio compare to competitors?
According to the Real Estate industry distribution chart, Africa Israel Residences ranks #1118 out of 1309 companies for Cyclically Adjusted PB Ratio. This places Africa Israel Residences in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.67. Africa Israel Residences' value of 1.99 is 197% above this benchmark. Historically, Africa Israel Residences' own Cyclically Adjusted PB Ratio has ranged from 1.71 to 2.91 over the past decade. While the company's 10-year median is 2.31 vs. the industry median of 0.67, Africa Israel Residences 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 Real Estate company?
The median Cyclically Adjusted PB Ratio among Real Estate companies is 0.67, based on 1,309 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. Africa Israel Residences's current Cyclically Adjusted PB Ratio of 1.99 is 197% 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 Africa Israel Residences and its competitors. For the Real Estate industry, the median Cyclically Adjusted PB Ratio is 0.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Africa Israel Residences's current Cyclically Adjusted PB Ratio is 1.99, which is 14% below median its own 10-year median of 2.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Africa Israel Residences stock overvalued right now?
Based on GuruFocus' analysis, Africa Israel Residences (XTAE:AFRE) is currently considered Fairly Valued. The stock's GF Value™ is ₪231.61, compared to a current price of ₪237.00 — trading 2.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.99, which is 14% below median its 10-year median of 2.31 and 197% above the Real Estate industry median of 0.67. Africa Israel Residences' overall GF Score™ is 66/100 with 6 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 Africa Israel Residences (XTAE:AFRE), the current Cyclically Adjusted PB Ratio is 1.99 as of Aug. 27, 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 Africa Israel Residences (XTAE:AFRE) Overvalued in 2026?

Based on GuruFocus' analysis, Africa Israel Residences stock appears to be overvalued. The current stock price of ₪237.00 is trading 2.3% above its estimated GF Value™ of ₪231.61. GuruFocus considers Africa Israel Residences to be Fairly Valued.

Key valuation signals for XTAE:AFRE:

  • Cyclically Adjusted PB Ratio: 1.99 (14% below median its 10-year median of 2.31)
  • GF Value™: ₪231.61 vs. price of ₪237.00 (2.3% above fair value)
  • GF Score™: 66/100 with 6 warning signs
  • Industry Position: 197% above the Real Estate median (#1118 of 1309)

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


Africa Israel Residences Business Description

Address 1 Yoni Netanyahu Street, Or Yehuda, ISR
Africa Israel Residences Ltd operates in the field of residential real estate industry. The company offers high quality new apartments featuring specifications within residential neighborhoods. It projects include Savyoney Ganey Tikva, Savyoney Givat Shmuel, borochov 47, Givatayim Savyoney Nof Hadera, Savyon Platinum Tower, Ramat Gan, Savyoney TLV, Kiryat Savyonim, Yehud, Life Park, Petah Tikvah amomg others.
66GF Score

Get the complete analysis for XTAE:AFRE

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

₪237.00
Price
₪231.61
GF Value