Hagag Group Real Estate Development (XTAE:HGG) Cyclically Adjusted PB Ratio: 1.37 (As of Sep. 11, 2026) — 14% Below Median

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XTAE:HGG Hagag Group Real Estate Development Ltd XTAE:HGG
74 GF Score
Price ₪20.61
GF Value ₪20.06
Valuation Fairly Valued
! 8 Warning Signs
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What is Hagag Group Real Estate Development Cyclically Adjusted PB Ratio?

Hagag Group Real Estate Development XTAE:HGG -4.27% 74 Cyclically Adjusted PB Ratio is 1.37 as of Sep. 11, 2026, which is 14% below its 10-year median of 1.60. GuruFocus rates XTAE:HGG with a GF Score™ of 74/100 and a GF Value™ of ₪20.06 (Fairly Valued). The stock has 8 warning signs investors should review. Among 1,301 Real Estate companies, Hagag Group Real Estate Development ranks worse than 78.32% on this metric.

As of today (2026-09-11), Hagag Group Real Estate Development's current share price is ₪20.61. Hagag Group Real Estate Development's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ₪15.03. Hagag Group Real Estate Development's Cyclically Adjusted PB Ratio for today is 1.37.

The historical rank and industry rank for Hagag Group Real Estate Development's Cyclically Adjusted PB Ratio or its related term are showing as below:

XTAE:HGG' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.24   Med: 1.6   Max: 2.39
Current: 1.45

During the past years, Hagag Group Real Estate Development's highest Cyclically Adjusted PB Ratio was 2.39. The lowest was 1.24. And the median was 1.60.

XTAE:HGG's Cyclically Adjusted PB Ratio is ranked worse than
78.32% of 1301 companies
in the Real Estate industry
Industry Median: 0.67 vs XTAE:HGG: 1.45

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.

Hagag Group Real Estate Development's adjusted book value per share data for the three months ended in Jun. 2026 was ₪22.282. 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 ₪15.03 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hagag Group Real Estate Development  (XTAE:HGG) 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.


Hagag Group Real Estate Development Cyclically Adjusted PB Ratio Related Terms


Hagag Group Real Estate Development Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Hagag Group Real Estate Development'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.

Hagag Group Real Estate Development Cyclically Adjusted PB Ratio Chart

Hagag Group Real Estate Development 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 1.42 1.89 1.61

Hagag Group Real Estate Development 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 1.61 1.62 1.61 1.72 1.52

XTAE:HGG vs CBRE, BEKE, JLL: Cyclically Adjusted PB Ratio Comparison

For the Real Estate Services subindustry, Hagag Group Real Estate Development'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.


Hagag Group Real Estate Development Cyclically Adjusted PB Ratio vs Real Estate Industry

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

* The bar in red indicates where Hagag Group Real Estate Development's Cyclically Adjusted PB Ratio falls into.


XTAE:HGG
74GF Score
Hagag Group Real Estate Development Ltd XTAE:HGG
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Hagag Group Real Estate Development 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.

Hagag Group Real Estate Development's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=20.61/15.03
=1.37

* 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.

Hagag Group Real Estate Development's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Hagag Group Real Estate Development'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)
=22.282/333.9520*333.9520
=22.282

Current CPI (Jun. 2026) = 333.9520.

Hagag Group Real Estate Development Quarterly Data

Book Value per Share CPI Adj_Book
201609 3.932 241.428 5.439
201612 4.079 241.432 5.642
201703 4.228 243.801 5.791
201706 5.454 244.955 7.436
201709 5.978 246.819 8.088
201712 6.067 246.524 8.219
201803 7.779 249.554 10.410
201806 8.236 251.989 10.915
201809 8.365 252.439 11.066
201812 8.381 251.233 11.140
201903 8.762 254.202 11.511
201906 8.897 256.143 11.600
201909 9.523 256.759 12.386
201912 9.854 256.974 12.806
202003 10.361 258.115 13.405
202006 10.359 257.797 13.419
202009 10.142 260.280 13.013
202012 10.548 260.474 13.524
202103 10.860 264.877 13.692
202106 10.921 271.696 13.423
202109 11.794 274.310 14.358
202112 12.136 278.802 14.537
202203 13.945 287.504 16.198
202206 14.769 296.311 16.645
202209 15.049 296.808 16.932
202212 15.481 296.797 17.419
202303 16.546 301.836 18.307
202306 16.815 305.109 18.405
202309 17.075 307.789 18.526
202312 18.860 306.746 20.533
202403 18.908 312.332 20.217
202406 18.891 314.175 20.080
202409 19.093 315.301 20.222
202412 20.150 315.605 21.321
202503 21.380 319.799 22.326
202506 21.533 322.561 22.293
202509 21.697 324.800 22.308
202512 22.025 324.054 22.698
202603 22.265 330.213 22.517
202606 22.282 333.952 22.282

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 1.37 mean?
Hagag Group Real Estate Development (XTAE:HGG) has a Cyclically Adjusted PB Ratio of 1.37 as of Sep. 11, 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 Hagag Group Real Estate Development and its competitors. This is 14% below median its historical median of 1.60. Over the past decade, Hagag Group Real Estate Development's Cyclically Adjusted PB Ratio has ranged from 1.24 to 2.39. According to the industry distribution chart, Hagag Group Real Estate Development ranks #1019 out of 1301 companies in the Real Estate industry, placing it in the top 78.3%.
Is Hagag Group Real Estate Development's Cyclically Adjusted PB Ratio too high?
Hagag Group Real Estate Development's current Cyclically Adjusted PB Ratio of 1.37 is 14% below median its 10-year median of 1.60. Over the past 10 years, this metric has ranged from a low of 1.24 to a high of 2.39. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.67. Hagag Group Real Estate Development's value of 1.37 is 104.5% above this industry median. Based on the distribution chart, Hagag Group Real Estate Development ranks #1019 out of 1301 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Hagag Group Real Estate Development has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hagag Group Real Estate Development's Cyclically Adjusted PB Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Hagag Group Real Estate Development ranks #1019 out of 1301 companies for Cyclically Adjusted PB Ratio. This places Hagag Group Real Estate Development in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.67. Hagag Group Real Estate Development's value of 1.37 is 104.5% above this benchmark. Historically, Hagag Group Real Estate Development's own Cyclically Adjusted PB Ratio has ranged from 1.24 to 2.39 over the past decade. While the company's 10-year median is 1.60 vs. the industry median of 0.67, Hagag Group Real Estate Development 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 1,301 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. Hagag Group Real Estate Development's current Cyclically Adjusted PB Ratio of 1.37 is 104.5% 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 Hagag Group Real Estate Development 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. Hagag Group Real Estate Development's current Cyclically Adjusted PB Ratio is 1.37, which is 14% below median its own 10-year median of 1.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hagag Group Real Estate Development stock overvalued right now?
Based on GuruFocus' analysis, Hagag Group Real Estate Development (XTAE:HGG) is currently considered Fairly Valued. The stock's GF Value™ is ₪20.06, compared to a current price of ₪20.61 — trading 2.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.37, which is 14% below median its 10-year median of 1.60 and 104.5% above the Real Estate industry median of 0.67. Hagag Group Real Estate Development's overall GF Score™ is 74/100 with 8 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 Hagag Group Real Estate Development (XTAE:HGG), the current Cyclically Adjusted PB Ratio is 1.37 as of Sep. 11, 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 Hagag Group Real Estate Development (XTAE:HGG) Overvalued in 2026?

Based on GuruFocus' analysis, Hagag Group Real Estate Development stock appears to be overvalued. The current stock price of ₪20.61 is trading 2.7% above its estimated GF Value™ of ₪20.06. GuruFocus considers Hagag Group Real Estate Development to be Fairly Valued.

Key valuation signals for XTAE:HGG:

  • Cyclically Adjusted PB Ratio: 1.37 (14% below median its 10-year median of 1.60)
  • GF Value™: ₪20.06 vs. price of ₪20.61 (2.7% above fair value)
  • GF Score™: 74/100 with 8 warning signs
  • Industry Position: 104.5% above the Real Estate median (#1019 of 1301)

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


Hagag Group Real Estate Development Business Description

Address 30 Ha\'arba\'a Street, Ha\'arba\'a Towers (Southern Tower), Tel Aviv, ISR, 67021
Hagag Group Real Estate Development Ltd. is engaged in the development, management and marketing of residential and commercial real estates. The company's projects include North Star - Meir Yaari 11, Master Piece - Netanya, Port TLV, H - Shadal, H-Tower Recital, Ha'gush Ha'gadol Einstein BLVD and H Bar Kohva Tower.
74GF Score

Get the complete analysis for XTAE:HGG

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

₪20.61
Price
₪20.06
GF Value