BN (Brookfield) Cyclically Adjusted PB Ratio: 2.71 (As of Jul. 13, 2026) — 30% Above Median


BN Brookfield Corp BN
66 GF Score
Price $43.73
GF Value $28.30
Valuation Significantly Overvalued
! 10 Warning Signs
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What is Brookfield Cyclically Adjusted PB Ratio?

Brookfield BN +1.49% 66 Cyclically Adjusted PB Ratio is 2.71 as of Jul. 13, 2026, which is 30% above its 10-year median of 2.08. GuruFocus rates BN with a GF Score™ of 66/100 and a GF Value™ of $28.30 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 1,002 Asset Management companies, Brookfield ranks worse than 88.62% on this metric.

As of today (2026-07-13), Brookfield's current share price is $43.73. Brookfield's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $16.11. Brookfield's Cyclically Adjusted PB Ratio for today is 2.71.

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

BN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.46   Med: 2.08   Max: 3.09
Current: 2.76

During the past years, Brookfield's highest Cyclically Adjusted PB Ratio was 3.09. The lowest was 1.46. And the median was 2.08.

BN's Cyclically Adjusted PB Ratio is ranked worse than
88.62% of 1002 companies
in the Asset Management industry
Industry Median: 0.85 vs BN: 2.76

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.

Brookfield's adjusted book value per share data for the three months ended in Mar. 2026 was $19.109. 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 $16.11 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Brookfield  (NYSE:BN) 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.


Brookfield Cyclically Adjusted PB Ratio Related Terms


Brookfield Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Brookfield'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.

Brookfield Cyclically Adjusted PB Ratio Chart

Brookfield 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 2.78 1.67 1.88 2.70 2.88

Brookfield 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 2.39 2.63 2.94 2.88 2.51

BN vs BLK, BX, KKR: Cyclically Adjusted PB Ratio Comparison

For the Asset Management subindustry, Brookfield'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.


Brookfield Cyclically Adjusted PB Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Brookfield's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BN
66GF Score
Brookfield Corp BN
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Brookfield 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.

Brookfield's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=43.73/16.11
=2.71

* 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.

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

For example, Brookfield'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)
=19.109/132.2623*132.2623
=19.109

Current CPI (Mar. 2026) = 132.2623.

Brookfield Quarterly Data

Book Value per Share CPI Adj_Book
201606 10.026 102.002 13.000
201609 10.393 101.765 13.508
201612 10.135 101.449 13.213
201703 10.437 102.634 13.450
201706 10.351 103.029 13.288
201709 10.639 103.345 13.616
201712 11.149 103.345 14.269
201803 10.958 105.004 13.803
201806 11.317 105.557 14.180
201809 10.517 105.636 13.168
201812 11.934 105.399 14.976
201903 12.278 106.979 15.180
201906 12.396 107.690 15.224
201909 12.985 107.611 15.960
201912 13.635 107.769 16.734
202003 12.630 107.927 15.478
202006 12.316 108.401 15.027
202009 12.786 108.164 15.635
202012 13.986 108.559 17.040
202103 14.549 110.298 17.446
202106 14.765 111.720 17.480
202109 16.500 112.905 19.329
202112 17.152 113.774 19.939
202203 18.461 117.646 20.755
202206 17.778 120.806 19.464
202209 17.096 120.648 18.742
202212 16.754 120.964 18.319
202303 17.029 122.702 18.356
202306 17.264 124.203 18.384
202309 17.267 125.230 18.237
202312 18.237 125.072 19.285
202403 17.835 126.258 18.683
202406 18.225 127.522 18.903
202409 18.716 127.285 19.448
202412 18.530 127.364 19.243
202503 18.293 129.181 18.729
202506 18.940 129.892 19.286
202509 18.952 130.287 19.239
202512 19.512 130.366 19.796
202603 19.109 132.262 19.109

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 2.71 mean?
Brookfield (BN) has a Cyclically Adjusted PB Ratio of 2.71 as of Jul. 13, 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 Brookfield and its competitors. This is 30% above median its historical median of 2.08. Over the past decade, Brookfield's Cyclically Adjusted PB Ratio has ranged from 1.46 to 3.09. According to the industry distribution chart, Brookfield ranks #888 out of 1002 companies in the Asset Management industry, placing it in the top 88.6%.
Is Brookfield's Cyclically Adjusted PB Ratio too high?
Brookfield's current Cyclically Adjusted PB Ratio of 2.71 is 30% above median its 10-year median of 2.08. Over the past 10 years, this metric has ranged from a low of 1.46 to a high of 3.09. The Asset Management industry median Cyclically Adjusted PB Ratio is 0.85. Brookfield's value of 2.71 is 218.8% above this industry median. Based on the distribution chart, Brookfield ranks #888 out of 1002 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Brookfield has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Brookfield's Cyclically Adjusted PB Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Brookfield ranks #888 out of 1002 companies for Cyclically Adjusted PB Ratio. This places Brookfield in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.85. Brookfield's value of 2.71 is 218.8% above this benchmark. Historically, Brookfield's own Cyclically Adjusted PB Ratio has ranged from 1.46 to 3.09 over the past decade. While the company's 10-year median is 2.08 vs. the industry median of 0.85, Brookfield 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 an Asset Management company?
The median Cyclically Adjusted PB Ratio among Asset Management companies is 0.85, based on 1,002 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. Brookfield's current Cyclically Adjusted PB Ratio of 2.71 is 218.8% 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 Brookfield and its competitors. For the Asset Management industry, the median Cyclically Adjusted PB Ratio is 0.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Brookfield's current Cyclically Adjusted PB Ratio is 2.71, which is 30% above median its own 10-year median of 2.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Brookfield stock overvalued right now?
Based on GuruFocus' analysis, Brookfield (BN) is currently considered Significantly Overvalued. The stock's GF Value™ is $28.30, compared to a current price of $43.73 — trading 54.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.71, which is 30% above median its 10-year median of 2.08 and 218.8% above the Asset Management industry median of 0.85. Brookfield's overall GF Score™ is 66/100 with 10 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 Brookfield (BN), the current Cyclically Adjusted PB Ratio is 2.71 as of Jul. 13, 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 Brookfield (BN) Overvalued in 2026?

Based on GuruFocus' analysis, Brookfield stock appears to be overvalued. The current stock price of $43.73 is trading 54.5% above its estimated GF Value™ of $28.30. GuruFocus considers Brookfield to be Significantly Overvalued.

Key valuation signals for BN:

  • Cyclically Adjusted PB Ratio: 2.71 (30% above median its 10-year median of 2.08)
  • GF Value™: $28.30 vs. price of $43.73 (54.5% above fair value)
  • GF Score™: 66/100 with 10 warning signs
  • Industry Position: 218.8% above the Asset Management median (#888 of 1002)

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


Brookfield Business Description

Address 181 Bay Street, Suite 100, Brookfield Place, P.O. Box 762, Toronto, ON, CAN, M5J 2T3
Brookfield Corp is an investment firm focused on building long-term wealth for institutions and individuals, operating through seven segments: Asset Management, Wealth Solutions, Renewable Power and Transition, Infrastructure, Private Equity (which generates the highest revenue), Real Estate, and Corporate Activities. The company invests in real assets that form the backbone of the economy to deliver risk-adjusted returns to stakeholders, with the majority of its revenue coming from Asset Management. It has a presence across the United Kingdom, the United States (which contributes the highest revenue), Australia, Canada, Brazil, India, Colombia, Germany, other parts of Europe, other parts of Asia, and additional countries.
66GF Score

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

$43.73
Price
$28.30
GF Value