IVREF (Inovalis Real Estate Investment Trust) Shiller PE Ratio: 6.64 (As of Jul. 20, 2026) — 157% Above Median

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IVREF Inovalis Real Estate Investment Trust IVREF
40 GF Score
Price $0.60
GF Value $0.71
Valuation Modestly Undervalued
! 9 Warning Signs
View Full Analysis

What is Inovalis Real Estate Investment Trust Shiller PE Ratio?

Inovalis Real Estate Investment Trust IVREF -0.56% 40 Shiller PE Ratio is 6.64 as of Jul. 20, 2026, which is 157% above its 10-year median of 2.58. GuruFocus rates IVREF with a GF Score™ of 40/100 and a GF Value™ of $0.71 (Modestly Undervalued). The stock has 9 warning signs investors should review. Among 484 REITs companies, Inovalis Real Estate Investment Trust ranks better than 86.57% on this metric.

As of today (2026-07-20), Inovalis Real Estate Investment Trust's current share price is $0.59775. Inovalis Real Estate Investment Trust's E10 for the quarter that ended in Mar. 2026 was $0.09. Inovalis Real Estate Investment Trust's Shiller PE Ratio for today is 6.64.

The historical rank and industry rank for Inovalis Real Estate Investment Trust's Shiller PE Ratio or its related term are showing as below:

IVREF' s Shiller PE Ratio Range Over the Past 10 Years
Min: 0.97   Med: 2.58   Max: 12.89
Current: 6.88

During the past years, Inovalis Real Estate Investment Trust's highest Shiller PE Ratio was 12.89. The lowest was 0.97. And the median was 2.58.

IVREF's Shiller PE Ratio is ranked better than
86.57% of 484 companies
in the REITs industry
Industry Median: 13.66 vs IVREF: 6.88

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Inovalis Real Estate Investment Trust's adjusted earnings per share data for the three months ended in Mar. 2026 was $0.278. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.09 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Inovalis Real Estate Investment Trust  (OTCPK:IVREF) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Inovalis Real Estate Investment Trust Shiller PE Ratio Related Terms


Inovalis Real Estate Investment Trust Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Inovalis Real Estate Investment Trust's Shiller PE 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.

Inovalis Real Estate Investment Trust Shiller PE Ratio Chart

Inovalis Real Estate Investment Trust Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 3.46 2.00 2.02 12.30

Inovalis Real Estate Investment Trust Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Shiller PE 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 1.91 2.86 2.83 12.30 8.33

IVREF vs BXP, ARE, VNO: Shiller PE Ratio Comparison

For the REIT - Office subindustry, Inovalis Real Estate Investment Trust's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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.


Inovalis Real Estate Investment Trust Shiller PE Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Inovalis Real Estate Investment Trust's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Inovalis Real Estate Investment Trust's Shiller PE Ratio falls into.


IVREF
40GF Score
Inovalis Real Estate Investment Trust IVREF
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Inovalis Real Estate Investment Trust Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Inovalis Real Estate Investment Trust's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=0.59775/0.09
=6.64

* 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.

Inovalis Real Estate Investment Trust's E10 for the quarter that ended in Mar. 2026 is calculated as:

For example, Inovalis Real Estate Investment Trust's adjusted earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.278/132.2623*132.2623
=0.278

Current CPI (Mar. 2026) = 132.2623.

Inovalis Real Estate Investment Trust Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201606 0.287 102.002 0.372
201609 0.420 101.765 0.546
201612 0.030 101.449 0.039
201703 0.112 102.634 0.144
201706 0.008 103.029 0.010
201709 0.081 103.345 0.104
201712 0.481 103.345 0.616
201803 -0.064 105.004 -0.081
201806 0.200 105.557 0.251
201809 0.118 105.636 0.148
201812 0.247 105.399 0.310
201903 -0.065 106.979 -0.080
201906 0.096 107.690 0.118
201909 0.170 107.611 0.209
201912 0.795 107.769 0.976
202003 0.797 107.927 0.977
202006 -0.244 108.401 -0.298
202009 0.120 108.164 0.147
202012 -0.216 108.559 -0.263
202103 0.102 110.298 0.122
202106 0.234 111.720 0.277
202109 0.783 112.905 0.917
202112 -0.365 113.774 -0.424
202203 0.051 117.646 0.057
202206 -0.305 120.806 -0.334
202209 0.340 120.648 0.373
202212 -0.922 120.964 -1.008
202303 0.036 122.702 0.039
202306 0.069 124.203 0.073
202309 0.029 125.230 0.031
202312 -0.814 125.072 -0.861
202403 -0.308 126.258 -0.323
202406 -0.451 127.522 -0.468
202409 -0.213 127.285 -0.221
202412 -0.550 127.364 -0.571
202503 0.040 129.181 0.041
202506 -0.248 129.892 -0.253
202509 0.004 130.287 0.004
202512 -1.019 130.366 -1.034
202603 0.278 132.262 0.278

Add all the adjusted EPS together and divide 10 will get our E10.

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.

Frequently Asked Questions Learn more about Shiller PE Ratio →
What does a Shiller PE Ratio of 6.64 mean?
Inovalis Real Estate Investment Trust (IVREF) has a Shiller PE Ratio of 6.64 as of Jul. 20, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Inovalis Real Estate Investment Trust and its competitors. This is 157% above median its historical median of 2.58. Over the past decade, Inovalis Real Estate Investment Trust's Shiller PE Ratio has ranged from 0.97 to 12.89. According to the industry distribution chart, Inovalis Real Estate Investment Trust ranks #65 out of 484 companies in the REITs industry, placing it in the top 13.4%.
Is Inovalis Real Estate Investment Trust's Shiller PE Ratio too high?
Inovalis Real Estate Investment Trust's current Shiller PE Ratio of 6.64 is 157% above median its 10-year median of 2.58. Over the past 10 years, this metric has ranged from a low of 0.97 to a high of 12.89. The REITs industry median Shiller PE Ratio is 13.66. Inovalis Real Estate Investment Trust's value of 6.64 is 51.4% below this industry median. Based on the distribution chart, Inovalis Real Estate Investment Trust ranks #65 out of 484 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Inovalis Real Estate Investment Trust has a GF Score™ of 40/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Inovalis Real Estate Investment Trust's Shiller PE Ratio compare to BXP and ARE?
According to the REITs industry distribution chart, Inovalis Real Estate Investment Trust ranks #65 out of 484 companies for Shiller PE Ratio. This places Inovalis Real Estate Investment Trust in the top 13% of its industry — outperforming the majority of peers. The industry median Shiller PE Ratio is 13.66. Inovalis Real Estate Investment Trust's value of 6.64 is 51.4% below this benchmark. Historically, Inovalis Real Estate Investment Trust's own Shiller PE Ratio has ranged from 0.97 to 12.89 over the past decade. While the company's 10-year median is 2.58 vs. the industry median of 13.66, Inovalis Real Estate Investment Trust 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 Shiller PE Ratio for a REITs company?
The median Shiller PE Ratio among REITs companies is 13.66, based on 484 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Inovalis Real Estate Investment Trust's current Shiller PE Ratio of 6.64 is 51.4% 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 Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Inovalis Real Estate Investment Trust and its competitors. For the REITs industry, the median Shiller PE Ratio is 13.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Inovalis Real Estate Investment Trust's current Shiller PE Ratio is 6.64, which is 157% above median its own 10-year median of 2.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Inovalis Real Estate Investment Trust stock overvalued right now?
Based on GuruFocus' analysis, Inovalis Real Estate Investment Trust (IVREF) is currently considered Modestly Undervalued. The stock's GF Value™ is $0.71, compared to a current price of $0.60 — trading 15.8% below its estimated fair value. The current Shiller PE Ratio is 6.64, which is 157% above median its 10-year median of 2.58 and 51.4% below the REITs industry median of 13.66. Inovalis Real Estate Investment Trust's overall GF Score™ is 40/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For Inovalis Real Estate Investment Trust (IVREF), the current Shiller PE Ratio is 6.64 as of Jul. 20, 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 Inovalis Real Estate Investment Trust (IVREF) Overvalued in 2026?

Based on GuruFocus' analysis, Inovalis Real Estate Investment Trust stock appears to be undervalued. The current stock price of $0.60 is trading 15.8% below its estimated GF Value™ of $0.71. GuruFocus considers Inovalis Real Estate Investment Trust to be Modestly Undervalued.

Key valuation signals for IVREF:

  • Shiller PE Ratio: 6.64 (157% above median its 10-year median of 2.58)
  • GF Value™: $0.71 vs. price of $0.60 (15.8% below fair value)
  • GF Score™: 40/100 with 9 warning signs
  • Industry Position: 51.4% below the REITs median (#65 of 484)

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


Inovalis Real Estate Investment Trust Business Description

Industry Real EstateREITs
Other Exchanges INO.UN:Canada
Address 151 Yonge Street, 11th Floor, Toronto, ON, CAN, M5C 2W7
Inovalis Real Estate Investment Trust is a Canada-based open-ended real estate investment trust. Its portfolio comprises office properties that are leased to corporate clients in France, Spain, and Germany. The Trust's investment criteria encompass office properties outside of Canada with an occupancy level of above eighty percent (unless AFFO accretive), secured rental cash flows, a property value of approximately between twenty and sixty million euros (unless AFFO accretive), and a potential future upside with respect to matters including rent and area development. The majority of the REIT's revenue is generated through rental income from its investment properties in France.
40GF Score

Get the complete analysis for IVREF

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

$0.60
Price
$0.71
GF Value