Vitania (XTAE:VTNA) Cyclically Adjusted PB Ratio: 0.69 (As of Aug. 21, 2026) — 22% Below Median

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Director of Data and Quant Analytics at GuruFocus
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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.

XTAE:VTNA Vitania Ltd XTAE:VTNA
69 GF Score
Price ₪15.04
GF Value ₪26.15
Valuation Possible Value Trap
! 7 Warning Signs
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What is Vitania Cyclically Adjusted PB Ratio?

Vitania XTAE:VTNA -3.59% 69 Cyclically Adjusted PB Ratio is 0.69 as of Aug. 21, 2026, which is 22% below its 10-year median of 0.88. GuruFocus rates XTAE:VTNA with a GF Score™ of 69/100 and a GF Value™ of ₪26.15 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,371 Real Estate companies, Vitania ranks worse than 51.93% on this metric.

As of today (2026-08-21), Vitania's current share price is ₪15.04. Vitania's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₪21.81. Vitania's Cyclically Adjusted PB Ratio for today is 0.69.

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

XTAE:VTNA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.11   Med: 0.88   Max: 1.27
Current: 0.71

During the past years, Vitania's highest Cyclically Adjusted PB Ratio was 1.27. The lowest was 0.11. And the median was 0.88.

XTAE:VTNA's Cyclically Adjusted PB Ratio is ranked worse than
51.93% of 1371 companies
in the Real Estate industry
Industry Median: 0.68 vs XTAE:VTNA: 0.71

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.

Vitania's adjusted book value per share data for the three months ended in Mar. 2026 was ₪22.253. 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 ₪21.81 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vitania  (XTAE:VTNA) 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.


Vitania Cyclically Adjusted PB Ratio Related Terms


Vitania Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Vitania'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.

Vitania Cyclically Adjusted PB Ratio Chart

Vitania 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 0.00 0.45 1.10

Vitania 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 1.03 1.20 1.09 1.10 0.90

Vitania Cyclically Adjusted PB Ratio Competitor Comparison

For the Real Estate - Development subindustry, Vitania'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.


Vitania Cyclically Adjusted PB Ratio vs Real Estate Industry

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

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


XTAE:VTNA
69GF Score
Vitania Ltd XTAE:VTNA
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vitania 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=15.04/21.81
=0.69

* 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.

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

For example, Vitania'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)
=22.253/330.2130*330.2130
=22.253

Current CPI (Mar. 2026) = 330.2130.

Vitania Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.000 241.018 0.000
201609 0.000 241.428 0.000
201612 12.453 241.432 17.032
201703 12.112 243.801 16.405
201706 12.276 244.955 16.549
201709 12.526 246.819 16.758
201712 13.569 246.524 18.175
201803 13.280 249.554 17.572
201806 13.538 251.989 17.741
201809 13.803 252.439 18.056
201812 15.034 251.233 19.760
201903 14.685 254.202 19.076
201906 14.865 256.143 19.164
201909 14.891 256.759 19.151
201912 17.313 256.974 22.247
202003 16.687 258.115 21.348
202006 16.730 257.797 21.430
202009 16.734 260.280 21.230
202012 18.869 260.474 23.921
202103 18.366 264.877 22.896
202106 18.538 271.696 22.531
202109 18.752 274.310 22.574
202112 20.990 278.802 24.861
202203 20.359 287.504 23.383
202206 20.939 296.311 23.335
202209 21.159 296.808 23.540
202212 22.482 296.797 25.013
202303 22.297 301.836 24.393
202306 22.716 305.109 24.585
202309 22.810 307.789 24.472
202312 23.227 306.746 25.004
202403 22.878 312.332 24.188
202406 23.392 314.175 24.586
202409 23.317 315.301 24.420
202412 24.399 315.605 25.528
202503 24.491 319.799 25.289
202506 23.507 322.561 24.065
202509 23.433 324.800 23.824
202512 22.110 324.054 22.530
202603 22.253 330.213 22.253

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 0.69 mean?
Vitania (XTAE:VTNA) has a Cyclically Adjusted PB Ratio of 0.69 as of Aug. 21, 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 Vitania and its competitors. This is 22% below median its historical median of 0.88. Over the past decade, Vitania's Cyclically Adjusted PB Ratio has ranged from 0.11 to 1.27. According to the industry distribution chart, Vitania ranks #712 out of 1371 companies in the Real Estate industry, placing it in the top 51.9%.
Is Vitania's Cyclically Adjusted PB Ratio too high?
Vitania's current Cyclically Adjusted PB Ratio of 0.69 is 22% below median its 10-year median of 0.88. Over the past 10 years, this metric has ranged from a low of 0.11 to a high of 1.27. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.68. Vitania's value of 0.69 is 1.5% above this industry median. Based on the distribution chart, Vitania ranks #712 out of 1371 companies in the Real Estate industry, which is below the industry midpoint. Overall, Vitania has a GF Score™ of 69/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Vitania's Cyclically Adjusted PB Ratio compare to competitors?
According to the Real Estate industry distribution chart, Vitania ranks #712 out of 1371 companies for Cyclically Adjusted PB Ratio. This places Vitania in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.68. Vitania's value of 0.69 is 1.5% above this benchmark. Historically, Vitania's own Cyclically Adjusted PB Ratio has ranged from 0.11 to 1.27 over the past decade. While the company's 10-year median is 0.88 vs. the industry median of 0.68, Vitania 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 0.68, based on 1,371 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. Vitania's current Cyclically Adjusted PB Ratio of 0.69 is 1.5% 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 Vitania and its competitors. For the Real Estate industry, the median Cyclically Adjusted PB Ratio is 0.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vitania's current Cyclically Adjusted PB Ratio is 0.69, which is 22% below median its own 10-year median of 0.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vitania stock overvalued right now?
Based on GuruFocus' analysis, Vitania (XTAE:VTNA) is currently considered Possible Value Trap. The stock's GF Value™ is ₪26.15, compared to a current price of ₪15.04 — trading 42.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.69, which is 22% below median its 10-year median of 0.88 and 1.5% above the Real Estate industry median of 0.68. Vitania's overall GF Score™ is 69/100 with 7 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 Vitania (XTAE:VTNA), the current Cyclically Adjusted PB Ratio is 0.69 as of Aug. 21, 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 Vitania (XTAE:VTNA) Overvalued in 2026?

Based on GuruFocus' analysis, Vitania stock appears to be undervalued. The current stock price of ₪15.04 is trading 42.5% below its estimated GF Value™ of ₪26.15. GuruFocus considers Vitania to be Possible Value Trap.

Key valuation signals for XTAE:VTNA:

  • Cyclically Adjusted PB Ratio: 0.69 (22% below median its 10-year median of 0.88)
  • GF Value™: ₪26.15 vs. price of ₪15.04 (42.5% below fair value)
  • GF Score™: 69/100 with 7 warning signs
  • Industry Position: 1.5% above the Real Estate median (#712 of 1371)

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


Vitania Business Description

Address 4 Raul Walenberg Street, Ramat Hachayal, Tel Aviv, ISR
Vitania Ltd is a real estate developer in Israel. The company initiates, develops, constructs, rents and operates yielding properties, which include offices, commercial areas, and shops. It has projects and properties located in areas such as Tel Aviv, Herzliya Pituach and Or Yehuda.
69GF Score

Get the complete analysis for XTAE:VTNA

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

₪15.04
Price
₪26.15
GF Value