MirLand Development (XTAE:MLD) Cyclically Adjusted PB Ratio: 0.01 (As of Aug. 16, 2026) — Near Median

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What is MirLand Development Cyclically Adjusted PB Ratio?

MirLand Development XTAE:MLD Cyclically Adjusted PB Ratio is 0.01 as of Aug. 16, 2026, which is at its 10-year median of 0.01. The stock has 2 warning signs investors should review. Among 1,400 Real Estate companies, MirLand Development ranks better than 99.93% on this metric.

As of today (2026-08-16), MirLand Development's current share price is ₪0.022. MirLand Development's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₪2.03. MirLand Development's Cyclically Adjusted PB Ratio for today is 0.01.

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

XTAE:MLD' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.01   Max: 0.02
Current: 0.01

During the past years, MirLand Development's highest Cyclically Adjusted PB Ratio was 0.02. The lowest was 0.01. And the median was 0.01.

XTAE:MLD's Cyclically Adjusted PB Ratio is ranked better than
99.93% of 1400 companies
in the Real Estate industry
Industry Median: 0.69 vs XTAE:MLD: 0.01

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.

MirLand Development's adjusted book value per share data for the three months ended in Mar. 2026 was ₪-3.942. 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 ₪2.03 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


MirLand Development  (XTAE:MLD) 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.


MirLand Development Cyclically Adjusted PB Ratio Related Terms


MirLand Development Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for MirLand 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.

MirLand Development Cyclically Adjusted PB Ratio Chart

MirLand 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 0.02 0.01 0.01 0.00 0.01

MirLand Development 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 0.01 0.01 0.01 0.01 0.01

MirLand Development Cyclically Adjusted PB Ratio Competitor Comparison

For the Real Estate - Development subindustry, MirLand 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.


MirLand Development Cyclically Adjusted PB Ratio vs Real Estate Industry

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

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



MirLand 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.

MirLand Development's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.022/2.03
=0.01

* 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.

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

For example, MirLand Development'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)
=-3.942/330.2130*330.2130
=-3.942

Current CPI (Mar. 2026) = 330.2130.

MirLand Development Quarterly Data

Book Value per Share CPI Adj_Book
201509 0.909 237.945 1.261
201512 -0.972 236.525 -1.357
201603 -1.232 238.132 -1.708
201606 -0.458 241.018 -0.627
201609 -0.791 241.428 -1.082
201612 1.383 241.432 1.892
201712 48.138 246.524 64.480
201803 0.000 249.554 0.000
201806 0.000 251.989 0.000
201809 0.000 252.439 0.000
201812 23.817 251.233 31.304
201903 24.562 254.202 31.906
201906 26.335 256.143 33.950
201909 24.497 256.759 31.505
201912 15.551 256.974 19.983
202003 -12.423 258.115 -15.893
202006 -8.634 257.797 -11.059
202009 -13.817 260.280 -17.529
202012 -5.184 260.474 -6.572
202103 -4.066 264.877 -5.069
202106 -7.183 271.696 -8.730
202109 -9.073 274.310 -10.922
202112 1.061 278.802 1.257
202203 -6.402 287.504 -7.353
202206 -3.806 296.311 -4.241
202209 2.520 296.808 2.804
202212 -1.953 296.797 -2.173
202303 -3.769 301.836 -4.123
202306 -3.213 305.109 -3.477
202309 -4.897 307.789 -5.254
202312 -5.026 306.746 -5.411
202403 -6.013 312.332 -6.357
202406 -5.966 314.175 -6.271
202409 -2.139 315.301 -2.240
202412 -2.708 315.605 -2.833
202503 -2.412 319.799 -2.491
202506 -2.712 322.561 -2.776
202509 -2.415 324.800 -2.455
202512 -3.164 324.054 -3.224
202603 -3.942 330.213 -3.942

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 0.01 mean?
MirLand Development (XTAE:MLD) has a Cyclically Adjusted PB Ratio of 0.01 as of Aug. 16, 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 MirLand Development and its competitors. This is near median its historical median of 0.01. Over the past decade, MirLand Development's Cyclically Adjusted PB Ratio has ranged from 0.01 to 0.02. According to the industry distribution chart, MirLand Development ranks #1 out of 1400 companies in the Real Estate industry, placing it in the top 0.099999999999994%.
Is MirLand Development's Cyclically Adjusted PB Ratio too high?
MirLand Development's current Cyclically Adjusted PB Ratio of 0.01 is near median its 10-year median of 0.01. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.02. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.69. MirLand Development's value of 0.01 is 98.6% below this industry median. Based on the distribution chart, MirLand Development ranks #1 out of 1400 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers.
How does MirLand Development's Cyclically Adjusted PB Ratio compare to competitors?
According to the Real Estate industry distribution chart, MirLand Development ranks #1 out of 1400 companies for Cyclically Adjusted PB Ratio. This places MirLand Development in the top 0% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 0.69. MirLand Development's value of 0.01 is 98.6% below this benchmark. Historically, MirLand Development's own Cyclically Adjusted PB Ratio has ranged from 0.01 to 0.02 over the past decade. While the company's 10-year median is 0.01 vs. the industry median of 0.69, MirLand Development 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 1,400 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. MirLand Development's current Cyclically Adjusted PB Ratio of 0.01 is 98.6% 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 MirLand Development 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. MirLand Development's current Cyclically Adjusted PB Ratio is 0.01, which is near median its own 10-year median of 0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MirLand Development stock overvalued right now?
Based on GuruFocus' analysis, MirLand Development (XTAE:MLD) is currently considered Significantly Overvalued. The stock's GF Value™ is ₪0.01, compared to a current price of ₪0.02 — trading 120% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.01, which is near median its 10-year median of 0.01 and 98.6% below the Real Estate industry median of 0.69. 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 MirLand Development (XTAE:MLD), the current Cyclically Adjusted PB Ratio is 0.01 as of Aug. 16, 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.

MirLand Development Business Description

Address Thessalonikis Street, Limassol, CYP, 3025
MirLand Development Corp PLC is international residential and commercial property developer in Russia. The company is involved in the acquisition, development, construction, rental, and sale of commercial and residential properties for sale.