Sumitomo Mitsui Financial Group (STU:XMFA) Cyclically Adjusted Book per Share: €11.11 (As of Mar. 2026)

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STU:XMFA Sumitomo Mitsui Financial Group Inc STU:XMFA
46 GF Score
Price €21.80
GF Value €13.91
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Sumitomo Mitsui Financial Group Cyclically Adjusted Book per Share?

Sumitomo Mitsui Financial Group STU:XMFA 46 Cyclically Adjusted Book per Share is €11.11 as of Mar. 2026. GuruFocus rates STU:XMFA with a GF Score™ of 46/100 and a GF Value™ of €13.91 (Significantly Overvalued). The stock has 6 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.

Sumitomo Mitsui Financial Group's adjusted book value per share for the three months ended in Mar. 2026 was €13.527. 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 €11.11 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Sumitomo Mitsui Financial Group's average Cyclically Adjusted Book Growth Rate was 6.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.70% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 7.70% 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 Sumitomo Mitsui Financial Group was 9.20% per year. The lowest was 5.40% per year. And the median was 7.90% per year.

As of today (2026-07-21), Sumitomo Mitsui Financial Group's current stock price is €21.80. Sumitomo Mitsui Financial Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €11.11. Sumitomo Mitsui Financial Group's Cyclically Adjusted PB Ratio of today is 1.96.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Sumitomo Mitsui Financial Group was 2.08. The lowest was 0.42. And the median was 0.78.


Sumitomo Mitsui Financial Group  (STU:XMFA) 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.

Sumitomo Mitsui Financial Group's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=21.80/11.11
=1.96

* 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 Sumitomo Mitsui Financial Group was 2.08. The lowest was 0.42. And the median was 0.78.


Be Aware

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


Sumitomo Mitsui Financial Group Cyclically Adjusted Book per Share Related Terms


Sumitomo Mitsui Financial Group Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Sumitomo Mitsui Financial Group'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.

Sumitomo Mitsui Financial Group Cyclically Adjusted Book per Share Chart

Sumitomo Mitsui Financial Group Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 11.31 11.11

Sumitomo Mitsui Financial 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 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 11.31 11.04 10.80 10.54 11.11

STU:XMFA vs JPM, BAC, WFC: Cyclically Adjusted Book per Share Comparison

For the Banks - Diversified subindustry, Sumitomo Mitsui Financial 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.


Sumitomo Mitsui Financial Group Cyclically Adjusted PB Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Sumitomo Mitsui Financial Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Sumitomo Mitsui Financial Group's Cyclically Adjusted PB Ratio falls into.


STU:XMFA
46GF Score
Sumitomo Mitsui Financial Group Inc STU:XMFA
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sumitomo Mitsui Financial Group 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, Sumitomo Mitsui Financial 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)
=13.527/112.7000*112.7000
=13.527

Current CPI (Mar. 2026) = 112.7000.

Sumitomo Mitsui Financial Group Quarterly Data

Book Value per Share CPI Adj_Book
201606 10.861 98.100 12.477
201609 12.047 98.000 13.854
201612 11.047 98.400 12.652
201703 11.434 98.100 13.136
201706 11.259 98.500 12.882
201709 11.813 98.800 13.475
201712 11.205 99.400 12.704
201803 11.270 99.200 12.804
201806 11.673 99.200 13.262
201809 12.596 99.900 14.210
201812 11.779 99.700 13.315
201903 12.293 99.700 13.896
201906 12.681 99.800 14.320
201909 13.954 100.100 15.710
201912 13.325 100.500 14.943
202003 13.161 100.300 14.788
202006 13.131 99.900 14.813
202009 13.183 99.900 14.872
202012 13.228 99.300 15.013
202103 13.340 99.900 15.049
202106 13.143 99.500 14.887
202109 14.385 100.100 16.196
202112 13.873 100.100 15.619
202203 13.518 101.100 15.069
202206 12.720 101.800 14.082
202209 13.010 103.100 14.221
202212 12.724 104.100 13.775
202303 13.181 104.400 14.229
202306 13.038 105.200 13.968
202309 13.013 106.200 13.809
202312 13.260 106.800 13.993
202403 13.704 107.200 14.407
202406 13.452 108.200 14.011
202409 14.258 108.900 14.756
202412 14.503 110.700 14.765
202503 14.133 111.100 14.337
202506 13.513 111.700 13.634
202509 13.631 112.000 13.716
202512 13.437 113.000 13.401
202603 13.527 112.700 13.527

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 €11.11 mean?
Sumitomo Mitsui Financial Group (STU:XMFA) has a Cyclically Adjusted Book per Share of €11.11 as of Mar. 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 Sumitomo Mitsui Financial Group and its competitors.
Is Sumitomo Mitsui Financial Group's Cyclically Adjusted Book per Share too high?
Sumitomo Mitsui Financial Group's current Cyclically Adjusted Book per Share is €11.11. Overall, Sumitomo Mitsui Financial Group has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sumitomo Mitsui Financial Group's Cyclically Adjusted Book per Share compare to JPM and BAC?
Sumitomo Mitsui Financial Group's Cyclically Adjusted Book per Share of €11.11 can be compared against companies in the Banks 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 Banks company?
A good Cyclically Adjusted Book per Share depends on the Banks 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 Sumitomo Mitsui Financial Group and its competitors. Sumitomo Mitsui Financial Group's current Cyclically Adjusted Book per Share is €11.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sumitomo Mitsui Financial Group stock overvalued right now?
Based on GuruFocus' analysis, Sumitomo Mitsui Financial Group (STU:XMFA) is currently considered Significantly Overvalued. The stock's GF Value™ is €13.91, compared to a current price of €21.80 — trading 56.7% above its estimated fair value. The current Cyclically Adjusted Book per Share is €11.11. Sumitomo Mitsui Financial Group's overall GF Score™ is 46/100 with 6 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 Sumitomo Mitsui Financial Group (STU:XMFA), the current Cyclically Adjusted Book per Share is €11.11 as of Mar. 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 Sumitomo Mitsui Financial Group (STU:XMFA) Overvalued in 2026?

Based on GuruFocus' analysis, Sumitomo Mitsui Financial Group stock appears to be overvalued. The current stock price of €21.80 is trading 56.7% above its estimated GF Value™ of €13.91. GuruFocus considers Sumitomo Mitsui Financial Group to be Significantly Overvalued.

Key valuation signals for STU:XMFA:

  • Cyclically Adjusted Book per Share: €11.11
  • GF Value™: €13.91 vs. price of €21.80 (56.7% above fair value)
  • GF Score™: 46/100 with 6 warning signs

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


Sumitomo Mitsui Financial Group Business Description

Address 1-2, Marunouchi 1-chome, Chiyoda-ku, Tokyo, JPN, 100-0005
Sumitomo Mitsui Financial Group is roughly tied with Mizuho Financial Group for the status of Japan's second-largest bank after Mitsubishi UFJ Financial Group. As of March 2025, its market share of domestic loans was 7.3%, compared with 8.4% for MUFG. It has a larger consumer finance business than the other two megabanks, owning 100% of the Promise business and SMBC Card. It also controls one of Japan's largest leasing companies and SMBC Aviation Capital, one of the top five aircraft lessors globally. In securities, its SMBC Nikko unit is Japan's third-largest retail broker, although SMFG has lagged somewhat in institutional securities business and asset management.
46GF Score

Get the complete analysis for STU:XMFA

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

€21.80
Price
€13.91
GF Value