Mivne Real Estate (K.D) (XTAE:MVNE) Cyclically Adjusted PB Ratio: 1.36 (As of Sep. 12, 2026) — Near Median

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XTAE:MVNE Mivne Real Estate (K.D) Ltd XTAE:MVNE
76 GF Score
Price ₪13.24
GF Value ₪11.68
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Mivne Real Estate (K.D) Cyclically Adjusted PB Ratio?

Mivne Real Estate (K.D) XTAE:MVNE 76 Cyclically Adjusted PB Ratio is 1.36 as of Sep. 12, 2026, which is 7% above its 10-year median of 1.27. GuruFocus rates XTAE:MVNE with a GF Score™ of 76/100 and a GF Value™ of ₪11.68 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,301 Real Estate companies, Mivne Real Estate (K.D) ranks worse than 78.17% on this metric.

As of today (2026-09-12), Mivne Real Estate (K.D)'s current share price is ₪13.24. Mivne Real Estate (K.D)'s Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ₪9.70. Mivne Real Estate (K.D)'s Cyclically Adjusted PB Ratio for today is 1.36.

The historical rank and industry rank for Mivne Real Estate (K.D)'s Cyclically Adjusted PB Ratio or its related term are showing as below:

XTAE:MVNE' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.03   Med: 1.27   Max: 1.78
Current: 1.44

During the past years, Mivne Real Estate (K.D)'s highest Cyclically Adjusted PB Ratio was 1.78. The lowest was 1.03. And the median was 1.27.

XTAE:MVNE's Cyclically Adjusted PB Ratio is ranked worse than
78.17% of 1301 companies
in the Real Estate industry
Industry Median: 0.67 vs XTAE:MVNE: 1.44

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.

Mivne Real Estate (K.D)'s adjusted book value per share data for the three months ended in Jun. 2026 was ₪12.212. 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 ₪9.70 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mivne Real Estate (K.D)  (XTAE:MVNE) 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.


Mivne Real Estate (K.D) Cyclically Adjusted PB Ratio Related Terms


Mivne Real Estate (K.D) Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Mivne Real Estate (K.D)'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.

Mivne Real Estate (K.D) Cyclically Adjusted PB Ratio Chart

Mivne Real Estate (K.D) 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 1.33 1.29 1.69

Mivne Real Estate (K.D) 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 1.43 1.43 1.69 1.38 1.34

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

For the Real Estate Services subindustry, Mivne Real Estate (K.D)'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.


Mivne Real Estate (K.D) Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Mivne Real Estate (K.D)'s Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Mivne Real Estate (K.D)'s Cyclically Adjusted PB Ratio falls into.


XTAE:MVNE
76GF Score
Mivne Real Estate (K.D) Ltd XTAE:MVNE
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mivne Real Estate (K.D) 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.

Mivne Real Estate (K.D)'s Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=13.24/9.70
=1.36

* 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.

Mivne Real Estate (K.D)'s Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Mivne Real Estate (K.D)'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)
=12.212/333.9520*333.9520
=12.212

Current CPI (Jun. 2026) = 333.9520.

Mivne Real Estate (K.D) Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.000 241.428 0.000
201612 4.137 241.432 5.722
201703 4.309 243.801 5.902
201706 4.494 244.955 6.127
201709 5.079 246.819 6.872
201712 5.142 246.524 6.966
201803 5.366 249.554 7.181
201806 5.539 251.989 7.341
201809 5.747 252.439 7.603
201812 8.416 251.233 11.187
201903 6.026 254.202 7.917
201906 3.356 256.143 4.375
201909 3.511 256.759 4.567
201912 6.853 256.974 8.906
202003 7.008 258.115 9.067
202006 7.287 257.797 9.440
202009 7.344 260.280 9.423
202012 7.418 260.474 9.511
202103 7.453 264.877 9.397
202106 7.781 271.696 9.564
202109 8.289 274.310 10.091
202112 8.635 278.802 10.343
202203 8.613 287.504 10.004
202206 9.533 296.311 10.744
202209 9.838 296.808 11.069
202212 10.149 296.797 11.420
202303 10.694 301.836 11.832
202306 10.838 305.109 11.863
202309 10.867 307.789 11.791
202312 10.662 306.746 11.608
202403 10.716 312.332 11.458
202406 10.971 314.175 11.662
202409 11.133 315.301 11.792
202412 11.283 315.605 11.939
202503 11.505 319.799 12.014
202506 11.773 322.561 12.189
202509 11.947 324.800 12.284
202512 12.129 324.054 12.499
202603 12.199 330.213 12.337
202606 12.212 333.952 12.212

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 1.36 mean?
Mivne Real Estate (K.D) (XTAE:MVNE) has a Cyclically Adjusted PB Ratio of 1.36 as of Sep. 12, 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 Mivne Real Estate (K.D) and its competitors. This is near median its historical median of 1.27. Over the past decade, Mivne Real Estate (K.D)'s Cyclically Adjusted PB Ratio has ranged from 1.03 to 1.78. According to the industry distribution chart, Mivne Real Estate (K.D) ranks #1017 out of 1301 companies in the Real Estate industry, placing it in the top 78.2%.
Is Mivne Real Estate (K.D)'s Cyclically Adjusted PB Ratio too high?
Mivne Real Estate (K.D)'s current Cyclically Adjusted PB Ratio of 1.36 is near median its 10-year median of 1.27. Over the past 10 years, this metric has ranged from a low of 1.03 to a high of 1.78. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.67. Mivne Real Estate (K.D)'s value of 1.36 is 103% above this industry median. Based on the distribution chart, Mivne Real Estate (K.D) ranks #1017 out of 1301 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Mivne Real Estate (K.D) has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mivne Real Estate (K.D)'s Cyclically Adjusted PB Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Mivne Real Estate (K.D) ranks #1017 out of 1301 companies for Cyclically Adjusted PB Ratio. This places Mivne Real Estate (K.D) in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.67. Mivne Real Estate (K.D)'s value of 1.36 is 103% above this benchmark. Historically, Mivne Real Estate (K.D)'s own Cyclically Adjusted PB Ratio has ranged from 1.03 to 1.78 over the past decade. While the company's 10-year median is 1.27 vs. the industry median of 0.67, Mivne Real Estate (K.D) 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. Mivne Real Estate (K.D)'s current Cyclically Adjusted PB Ratio of 1.36 is 103% 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 Mivne Real Estate (K.D) 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. Mivne Real Estate (K.D)'s current Cyclically Adjusted PB Ratio is 1.36, which is near median its own 10-year median of 1.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mivne Real Estate (K.D) stock overvalued right now?
Based on GuruFocus' analysis, Mivne Real Estate (K.D) (XTAE:MVNE) is currently considered Modestly Overvalued. The stock's GF Value™ is ₪11.68, compared to a current price of ₪13.24 — trading 13.4% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.36, which is near median its 10-year median of 1.27 and 103% above the Real Estate industry median of 0.67. Mivne Real Estate (K.D)'s overall GF Score™ is 76/100 with 5 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 Mivne Real Estate (K.D) (XTAE:MVNE), the current Cyclically Adjusted PB Ratio is 1.36 as of Sep. 12, 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 Mivne Real Estate (K.D) (XTAE:MVNE) Overvalued in 2026?

Based on GuruFocus' analysis, Mivne Real Estate (K.D) stock appears to be overvalued. The current stock price of ₪13.24 is trading 13.4% above its estimated GF Value™ of ₪11.68. GuruFocus considers Mivne Real Estate (K.D) to be Modestly Overvalued.

Key valuation signals for XTAE:MVNE:

  • Cyclically Adjusted PB Ratio: 1.36 (near median its 10-year median of 1.27)
  • GF Value™: ₪11.68 vs. price of ₪13.24 (13.4% above fair value)
  • GF Score™: 76/100 with 5 warning signs
  • Industry Position: 103% above the Real Estate median (#1017 of 1301)

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


Mivne Real Estate (K.D) Business Description

Address 7 Totzeret Haaretz Street, Tel Aviv, ISR, 9212
Mivne Real Estate (K.D) Ltd has two segments which are cash-generating properties that engage, by themselves and through its investees, in varied real estate activity centering on Israel; the Residential real estate development field is active in the development of residential real estate in Israel including locating, initiating, planning, developing, building, marketing and selling residential construction in Israel, and Others.
76GF Score

Get the complete analysis for XTAE:MVNE

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

₪13.24
Price
₪11.68
GF Value