Real Bulland JSC (XBUL:RBL) Cyclically Adjusted PS Ratio: 40.00 (As of Aug. 19, 2026) — 43% Below Median

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Director of Data and Quant Analytics at GuruFocus
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XBUL:RBL Real Bulland JSC XBUL:RBL
62 GF Score
Price €0.80
GF Value €1.38
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Real Bulland JSC Cyclically Adjusted PS Ratio?

Real Bulland JSC XBUL:RBL 62 Cyclically Adjusted PS Ratio is 40.00 as of Aug. 19, 2026, which is 43% below its 10-year median of 70.00. GuruFocus rates XBUL:RBL with a GF Score™ of 62/100 and a GF Value™ of €1.38 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,369 Real Estate companies, Real Bulland JSC ranks worse than 99.12% on this metric.

As of today (2026-08-19), Real Bulland JSC's current share price is €0.80. Real Bulland JSC's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was €0.02. Real Bulland JSC's Cyclically Adjusted PS Ratio for today is 40.00.

The historical rank and industry rank for Real Bulland JSC's Cyclically Adjusted PS Ratio or its related term are showing as below:

XBUL:RBL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 37.5   Med: 70   Max: 125
Current: 43.2

During the past years, Real Bulland JSC's highest Cyclically Adjusted PS Ratio was 125.00. The lowest was 37.50. And the median was 70.00.

XBUL:RBL's Cyclically Adjusted PS Ratio is ranked worse than
99.12% of 1369 companies
in the Real Estate industry
Industry Median: 1.76 vs XBUL:RBL: 43.20

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Real Bulland JSC's adjusted revenue per share data for the three months ended in Jun. 2026 was €0.006. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is €0.02 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Real Bulland JSC  (XBUL:RBL) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


Real Bulland JSC Cyclically Adjusted PS Ratio Related Terms


Real Bulland JSC Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Real Bulland JSC's Cyclically Adjusted PS 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.

Real Bulland JSC Cyclically Adjusted PS Ratio Chart

Real Bulland JSC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Real Bulland JSC Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PS 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 78.28 83.09 0.00 0.00 40.50

XBUL:RBL vs CBRE, BEKE, JLL: Cyclically Adjusted PS Ratio Comparison

For the Real Estate Services subindustry, Real Bulland JSC's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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.


Real Bulland JSC Cyclically Adjusted PS Ratio vs Real Estate Industry

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

* The bar in red indicates where Real Bulland JSC's Cyclically Adjusted PS Ratio falls into.


XBUL:RBL
62GF Score
Real Bulland JSC XBUL:RBL
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Real Bulland JSC Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS 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 PS Ratio.

Real Bulland JSC's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.80/0.02
=40.00

* 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.

Real Bulland JSC's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Real Bulland JSC's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.006/333.9520*333.9520
=0.006

Current CPI (Jun. 2026) = 333.9520.

Real Bulland JSC Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.000 241.428 0.000
201612 0.007 241.432 0.010
201703 0.002 243.801 0.003
201706 0.002 244.955 0.003
201709 0.002 246.819 0.003
201712 0.002 246.524 0.003
201803 0.002 249.554 0.003
201806 0.002 251.989 0.003
201809 0.003 252.439 0.004
201812 0.002 251.233 0.003
201903 0.002 254.202 0.003
201906 0.003 256.143 0.004
201909 0.004 256.759 0.005
201912 0.002 256.974 0.003
202003 0.001 258.115 0.001
202006 0.001 257.797 0.001
202009 0.002 260.280 0.003
202012 0.003 260.474 0.004
202103 0.001 264.877 0.001
202106 0.005 271.696 0.006
202109 0.005 274.310 0.006
202112 0.005 278.802 0.006
202203 0.001 287.504 0.001
202206 0.011 296.311 0.012
202209 0.002 296.808 0.002
202212 0.001 296.797 0.001
202303 0.000 301.836 0.000
202306 0.011 305.109 0.012
202309 0.007 307.789 0.008
202312 0.000 306.746 0.000
202403 0.000 312.332 0.000
202406 0.006 314.175 0.006
202409 0.005 315.301 0.005
202412 0.000 315.605 0.000
202503 0.000 319.799 0.000
202506 0.008 322.561 0.008
202509 0.010 324.800 0.010
202512 0.000 324.054 0.000
202603 0.000 330.213 0.000
202606 0.006 333.952 0.006

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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 PS Ratio of 40.00 mean?
Real Bulland JSC (XBUL:RBL) has a Cyclically Adjusted PS Ratio of 40.00 as of Aug. 19, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Real Bulland JSC and its competitors. This is 43% below median its historical median of 70.00. Over the past decade, Real Bulland JSC's Cyclically Adjusted PS Ratio has ranged from 37.50 to 125.00. According to the industry distribution chart, Real Bulland JSC ranks #1357 out of 1369 companies in the Real Estate industry, placing it in the top 99.1%.
Is Real Bulland JSC's Cyclically Adjusted PS Ratio too high?
Real Bulland JSC's current Cyclically Adjusted PS Ratio of 40.00 is 43% below median its 10-year median of 70.00. Over the past 10 years, this metric has ranged from a low of 37.50 to a high of 125.00. The Real Estate industry median Cyclically Adjusted PS Ratio is 1.76. Real Bulland JSC's value of 40.00 is 2172.7% above this industry median. Based on the distribution chart, Real Bulland JSC ranks #1357 out of 1369 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Real Bulland JSC has a GF Score™ of 62/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Real Bulland JSC's Cyclically Adjusted PS Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Real Bulland JSC ranks #1357 out of 1369 companies for Cyclically Adjusted PS Ratio. This places Real Bulland JSC in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.76. Real Bulland JSC's value of 40.00 is 2172.7% above this benchmark. Historically, Real Bulland JSC's own Cyclically Adjusted PS Ratio has ranged from 37.50 to 125.00 over the past decade. While the company's 10-year median is 70.00 vs. the industry median of 1.76, Real Bulland JSC 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 PS Ratio for a Real Estate company?
The median Cyclically Adjusted PS Ratio among Real Estate companies is 1.76, based on 1,369 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Real Bulland JSC's current Cyclically Adjusted PS Ratio of 40.00 is 2172.7% 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 PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Real Bulland JSC and its competitors. For the Real Estate industry, the median Cyclically Adjusted PS Ratio is 1.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Real Bulland JSC's current Cyclically Adjusted PS Ratio is 40.00, which is 43% below median its own 10-year median of 70.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Real Bulland JSC stock overvalued right now?
Based on GuruFocus' analysis, Real Bulland JSC (XBUL:RBL) is currently considered Significantly Undervalued. The stock's GF Value™ is €1.38, compared to a current price of €0.80 — trading 42% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 40.00, which is 43% below median its 10-year median of 70.00 and 2172.7% above the Real Estate industry median of 1.76. Real Bulland JSC's overall GF Score™ is 62/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Real Bulland JSC (XBUL:RBL), the current Cyclically Adjusted PS Ratio is 40.00 as of Aug. 19, 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 Real Bulland JSC (XBUL:RBL) Overvalued in 2026?

Based on GuruFocus' analysis, Real Bulland JSC stock appears to be undervalued. The current stock price of €0.80 is trading 42% below its estimated GF Value™ of €1.38. GuruFocus considers Real Bulland JSC to be Significantly Undervalued.

Key valuation signals for XBUL:RBL:

  • Cyclically Adjusted PS Ratio: 40.00 (43% below median its 10-year median of 70.00)
  • GF Value™: €1.38 vs. price of €0.80 (42% below fair value)
  • GF Score™: 62/100 with 2 warning signs
  • Industry Position: 2172.7% above the Real Estate median (#1357 of 1369)

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


Real Bulland JSC Business Description

Address 19 Georg Washington Street, 1st Floor, Sofia, BGR, 1301
Real Bulland JSC is a real estate company. It is engaged in the acquisition of agricultural land, which is used for agricultural production for renting or leasing to agricultural producers as well as the selling of concentrated and consolidated land.
62GF Score

Get the complete analysis for XBUL:RBL

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

€0.80
Price
€1.38
GF Value