CPI Property Group (XTER:O5G) Cyclically Adjusted PB Ratio: 0.99 (As of Aug. 21, 2026) — Near Median

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XTER:O5G CPI Property Group SA XTER:O5G
49 GF Score
Price €0.74
GF Value €0.73
Valuation Fairly Valued
! 7 Warning Signs
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What is CPI Property Group Cyclically Adjusted PB Ratio?

CPI Property Group XTER:O5G +0.68% 49 Cyclically Adjusted PB Ratio is 0.99 as of Aug. 21, 2026, which is 1% below its 10-year median of 1.00. GuruFocus rates XTER:O5G with a GF Score™ of 49/100 and a GF Value™ of €0.73 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,371 Real Estate companies, CPI Property Group ranks worse than 63.46% on this metric.

As of today (2026-08-21), CPI Property Group's current share price is €0.735. CPI Property Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €0.74. CPI Property Group's Cyclically Adjusted PB Ratio for today is 0.99.

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

XTER:O5G' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.56   Med: 1   Max: 1.41
Current: 0.98

During the past years, CPI Property Group's highest Cyclically Adjusted PB Ratio was 1.41. The lowest was 0.56. And the median was 1.00.

XTER:O5G's Cyclically Adjusted PB Ratio is ranked worse than
63.46% of 1371 companies
in the Real Estate industry
Industry Median: 0.68 vs XTER:O5G: 0.98

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.

CPI Property Group's adjusted book value per share data for the three months ended in Mar. 2026 was €0.783. 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 €0.74 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


CPI Property Group  (XTER:O5G) 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.


CPI Property Group Cyclically Adjusted PB Ratio Related Terms


CPI Property Group Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for CPI Property Group'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.

CPI Property Group Cyclically Adjusted PB Ratio Chart

CPI Property Group 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 0.84 1.18 1.29 1.17 1.08

CPI Property Group 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 1.20 1.18 1.12 1.08 0.98

XTER:O5G vs CBRE, BEKE, JLL: Cyclically Adjusted PB Ratio Comparison

For the Real Estate Services subindustry, CPI Property Group'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.


CPI Property Group Cyclically Adjusted PB Ratio vs Real Estate Industry

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

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


XTER:O5G
49GF Score
CPI Property Group SA XTER:O5G
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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CPI Property Group 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.

CPI Property Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.735/0.74
=0.99

* 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.

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

For example, CPI Property Group'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)
=0.783/127.1600*127.1600
=0.783

Current CPI (Mar. 2026) = 127.1600.

CPI Property Group Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.265 100.660 0.335
201609 0.223 100.750 0.281
201612 0.293 101.040 0.369
201703 0.296 101.780 0.370
201706 0.312 102.170 0.388
201709 0.289 102.520 0.358
201712 0.365 102.410 0.453
201803 0.353 102.900 0.436
201806 0.437 103.650 0.536
201809 0.443 104.580 0.539
201812 0.493 104.320 0.601
201903 0.495 105.140 0.599
201906 0.576 105.550 0.694
201909 0.573 105.900 0.688
201912 0.650 106.080 0.779
202003 0.650 106.040 0.779
202006 0.641 106.340 0.766
202009 0.661 106.620 0.788
202012 0.683 106.670 0.814
202103 0.688 108.140 0.809
202106 0.752 108.680 0.880
202109 0.753 109.470 0.875
202112 0.861 111.090 0.986
202203 0.906 114.780 1.004
202206 0.956 116.750 1.041
202209 0.999 117.000 1.086
202212 0.945 117.060 1.027
202303 0.967 118.910 1.034
202306 0.953 120.460 1.006
202309 0.963 121.740 1.006
202312 0.836 121.170 0.877
202403 0.832 122.590 0.863
202406 0.818 123.120 0.845
202409 0.832 123.300 0.858
202412 0.780 122.430 0.810
202503 0.783 124.210 0.802
202506 0.802 125.820 0.811
202509 0.814 126.570 0.818
202512 0.849 126.180 0.856
202603 0.783 127.160 0.783

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 0.99 mean?
CPI Property Group (XTER:O5G) has a Cyclically Adjusted PB Ratio of 0.99 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 CPI Property Group and its competitors. This is near median its historical median of 1.00. Over the past decade, CPI Property Group's Cyclically Adjusted PB Ratio has ranged from 0.56 to 1.41. According to the industry distribution chart, CPI Property Group ranks #870 out of 1371 companies in the Real Estate industry, placing it in the top 63.5%.
Is CPI Property Group's Cyclically Adjusted PB Ratio too high?
CPI Property Group's current Cyclically Adjusted PB Ratio of 0.99 is near median its 10-year median of 1.00. Over the past 10 years, this metric has ranged from a low of 0.56 to a high of 1.41. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.68. CPI Property Group's value of 0.99 is 45.6% above this industry median. Based on the distribution chart, CPI Property Group ranks #870 out of 1371 companies in the Real Estate industry, which is below the industry midpoint. Overall, CPI Property Group has a GF Score™ of 49/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CPI Property Group's Cyclically Adjusted PB Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, CPI Property Group ranks #870 out of 1371 companies for Cyclically Adjusted PB Ratio. This places CPI Property Group in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.68. CPI Property Group's value of 0.99 is 45.6% above this benchmark. Historically, CPI Property Group's own Cyclically Adjusted PB Ratio has ranged from 0.56 to 1.41 over the past decade. While the company's 10-year median is 1.00 vs. the industry median of 0.68, CPI Property Group 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. CPI Property Group's current Cyclically Adjusted PB Ratio of 0.99 is 45.6% 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 CPI Property Group 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. CPI Property Group's current Cyclically Adjusted PB Ratio is 0.99, which is near median its own 10-year median of 1.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CPI Property Group stock overvalued right now?
Based on GuruFocus' analysis, CPI Property Group (XTER:O5G) is currently considered Fairly Valued. The stock's GF Value™ is €0.73, compared to a current price of €0.74 — trading 0.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.99, which is near median its 10-year median of 1.00 and 45.6% above the Real Estate industry median of 0.68. CPI Property Group's overall GF Score™ is 49/100 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 CPI Property Group (XTER:O5G), the current Cyclically Adjusted PB Ratio is 0.99 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 CPI Property Group (XTER:O5G) Overvalued in 2026?

Based on GuruFocus' analysis, CPI Property Group stock appears to be overvalued. The current stock price of €0.74 is trading 0.7% above its estimated GF Value™ of €0.73. GuruFocus considers CPI Property Group to be Fairly Valued.

Key valuation signals for XTER:O5G:

  • Cyclically Adjusted PB Ratio: 0.99 (near median its 10-year median of 1.00)
  • GF Value™: €0.73 vs. price of €0.74 (0.7% above fair value)
  • GF Score™: 49/100 with 7 warning signs
  • Industry Position: 45.6% above the Real Estate median (#870 of 1371)

No single metric tells the full story. See the XTER:O5G stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CPI Property Group Business Description

Other Exchanges O5G:Germany
Address 40, rue de la Vallee, Luxembourg, LUX, L-2661
CPI Property Group SA is a real estate company. The object of the company is the investment in real estate, thus as the purchase, the sale, the construction, the exploitation, the administration and the letting of real estate as well as the property development, for its own account or through the intermediary of its affiliated companies. Its property portfolio includes office, retail, residential, hotels, and complementary assets. Its business activities include Czech Republic, Berlin, Poland, CPI Europe, S IMMO, and Complementary assets. The majority of the rental income is derived from CPI Europe which operates retail and office portfolio in Austria, the Czech Republic, Poland, Hungary, Romania, Germany and other countries.
49GF Score

Get the complete analysis for XTER:O5G

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

€0.74
Price
€0.73
GF Value