Starwood Property Trust (BSP:S2TW34) Cyclically Adjusted Book per Share: R$37.28 (As of Jun. 2026)

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BSP:S2TW34 Starwood Property Trust Inc BSP:S2TW34
34 GF Score
Price R$26.58
GF Value R$25.14
Valuation Fairly Valued
! 5 Warning Signs
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What is Starwood Property Trust Cyclically Adjusted Book per Share?

Starwood Property Trust BSP:S2TW34 34 Cyclically Adjusted Book per Share is R$37.28 as of Jun. 2026. GuruFocus rates BSP:S2TW34 with a GF Score™ of 34/100 and a GF Value™ of R$25.14 (Fairly Valued). The stock has 5 warning signs investors should review.

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. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Starwood Property Trust's adjusted book value per share for the three months ended in Jun. 2026 was R$90.806. 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 R$37.28 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Starwood Property Trust's average Cyclically Adjusted Book Growth Rate was -100.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 0.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 1.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Starwood Property Trust was 2.50% per year. The lowest was 0.40% per year. And the median was 1.90% per year.

As of today (2026-08-09), Starwood Property Trust's current stock price is R$26.58. Starwood Property Trust's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was R$37.28. Starwood Property Trust's Cyclically Adjusted PB Ratio of today is 0.71.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Starwood Property Trust was 1.39. The lowest was 0.47. And the median was 0.95.


Starwood Property Trust  (BSP:S2TW34) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Starwood Property Trust's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=26.58/37.28
=0.71

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Starwood Property Trust was 1.39. The lowest was 0.47. And the median was 0.95.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Starwood Property Trust Cyclically Adjusted Book per Share Related Terms


Starwood Property Trust Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Starwood Property Trust's Cyclically Adjusted Book per Share 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.

Starwood Property Trust Cyclically Adjusted Book per Share Chart

Starwood Property Trust Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Starwood Property Trust Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted Book per Share 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 0.00 0.00 0.00 0.00 37.28

BSP:S2TW34 vs RITM, DX, BXMT: Cyclically Adjusted Book per Share Comparison

For the REIT - Mortgage subindustry, Starwood Property Trust'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.


Starwood Property Trust Cyclically Adjusted PB Ratio vs REITs Industry

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

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


BSP:S2TW34
34GF Score
Starwood Property Trust Inc BSP:S2TW34
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Starwood Property Trust Cyclically Adjusted Book per Share Calculation

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. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Starwood Property Trust'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)
=90.806/333.9520*333.9520
=90.806

Current CPI (Jun. 2026) = 333.9520.

Starwood Property Trust Quarterly Data

Book Value per Share CPI Adj_Book
201609 55.526 241.428 76.806
201612 58.498 241.432 80.915
201703 54.102 243.801 74.107
201706 57.132 244.955 77.889
201709 54.012 246.819 73.080
201712 56.456 246.524 76.478
201803 55.809 249.554 74.683
201806 63.887 251.989 84.667
201809 69.266 252.439 91.632
201812 64.852 251.233 86.205
201903 63.318 254.202 83.183
201906 63.574 256.143 82.886
201909 68.019 256.759 88.468
201912 68.366 256.974 88.845
202003 77.005 258.115 99.630
202006 81.934 257.797 106.138
202009 85.622 260.280 109.857
202012 81.133 260.474 104.020
202103 87.946 264.877 110.881
202106 78.227 271.696 96.152
202109 82.082 274.310 99.929
202112 112.655 278.802 134.939
202203 101.822 287.504 118.272
202206 104.378 296.311 117.637
202209 109.193 296.808 122.858
202212 109.111 296.797 122.770
202303 106.471 301.836 117.800
202306 99.544 305.109 108.954
202309 99.668 307.789 108.140
202312 97.742 306.746 106.411
202403 98.865 312.332 105.709
202406 105.762 314.175 112.420
202409 107.396 315.301 113.749
202412 116.395 315.605 123.161
202503 108.683 319.799 113.493
202506 104.251 322.561 107.933
202509 99.411 324.800 102.212
202512 100.049 324.054 103.105
202603 94.022 330.213 95.087
202606 90.806 333.952 90.806

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

What does a Cyclically Adjusted Book per Share of R$37.28 mean?
Starwood Property Trust (BSP:S2TW34) has a Cyclically Adjusted Book per Share of R$37.28 as of Jun. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Starwood Property Trust and its competitors.
Is Starwood Property Trust's Cyclically Adjusted Book per Share too high?
Starwood Property Trust's current Cyclically Adjusted Book per Share is R$37.28. Overall, Starwood Property Trust has a GF Score™ of 34/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Starwood Property Trust's Cyclically Adjusted Book per Share compare to RITM and DX?
Starwood Property Trust's Cyclically Adjusted Book per Share of R$37.28 can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a REITs company?
A good Cyclically Adjusted Book per Share depends on the REITs industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Starwood Property Trust and its competitors. Starwood Property Trust's current Cyclically Adjusted Book per Share is R$37.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Starwood Property Trust stock overvalued right now?
Based on GuruFocus' analysis, Starwood Property Trust (BSP:S2TW34) is currently considered Fairly Valued. The stock's GF Value™ is R$25.14, compared to a current price of R$26.58 — trading 5.7% above its estimated fair value. The current Cyclically Adjusted Book per Share is R$37.28. Starwood Property Trust's overall GF Score™ is 34/100 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 Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Starwood Property Trust (BSP:S2TW34), the current Cyclically Adjusted Book per Share is R$37.28 as of Jun. 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 Starwood Property Trust (BSP:S2TW34) Overvalued in 2026?

Based on GuruFocus' analysis, Starwood Property Trust stock appears to be overvalued. The current stock price of R$26.58 is trading 5.7% above its estimated GF Value™ of R$25.14. GuruFocus considers Starwood Property Trust to be Fairly Valued.

Key valuation signals for BSP:S2TW34:

  • Cyclically Adjusted Book per Share: R$37.28
  • GF Value™: R$25.14 vs. price of R$26.58 (5.7% above fair value)
  • GF Score™: 34/100 with 5 warning signs

No single metric tells the full story. See the BSP:S2TW34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Starwood Property Trust Business Description

Industry Real EstateREITs
Address 2340 Collins Avenue, Suite 700, Miami Beach, FL, USA, 33139
Starwood Property Trust Inc is a real estate investment trust principally engaged in originating, acquiring, and managing commercial mortgage loans, commercial mortgage-backed securities, and other real estate investments in the U.S., Australia, and Europe. The company has four reportable business segments: Commercial and Residential Lending, Infrastructure Lending, Property, and Investing and Servicing. The majority of its revenue is generated from the Commercial and Residential Lending segment, which engages mainly in originating, acquiring, financing, and managing commercial first mortgages, non-agency residential mortgages (residential loans), commercial mortgage-backed securities (CMBS), residential mortgage-backed securities (RMBS), and other real estate and related debt investments.
34GF Score

Get the complete analysis for BSP:S2TW34

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

R$26.58
Price
R$25.14
GF Value