The RMR Group (FRA:26R) Cyclically Adjusted PB Ratio: 0.56 (As of Sep. 15, 2026) — 38% Below Median

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FRA:26R The RMR Group Inc FRA:26R
81 GF Score
Price €15.50
GF Value €13.64
! 8 Warning Signs
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What is The RMR Group Cyclically Adjusted PB Ratio?

The RMR Group FRA:26R -1.90% 81 Cyclically Adjusted PB Ratio is 0.56 as of Sep. 15, 2026, which is 38% below its 10-year median of 0.91. GuruFocus rates FRA:26R with a GF Score™ of 81/100 and a GF Value™ of €13.64. The stock has 8 warning signs investors should review. Among 1,300 Real Estate companies, The RMR Group ranks worse than 70.08% on this metric.

As of today (2026-09-15), The RMR Group's current share price is €15.50. The RMR Group's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €27.64. The RMR Group's Cyclically Adjusted PB Ratio for today is 0.56.

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

FRA:26R' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.66   Med: 0.91   Max: 1.28
Current: 1.12

During the past years, The RMR Group's highest Cyclically Adjusted PB Ratio was 1.28. The lowest was 0.66. And the median was 0.91.

FRA:26R's Cyclically Adjusted PB Ratio is ranked worse than
70.08% of 1300 companies
in the Real Estate industry
Industry Median: 0.66 vs FRA:26R: 1.12

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.

The RMR Group's adjusted book value per share data for the three months ended in Jun. 2026 was €20.395. 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 €27.64 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


The RMR Group  (FRA:26R) 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.


The RMR Group Cyclically Adjusted PB Ratio Related Terms


The RMR Group Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for The RMR Group'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.

The RMR Group Cyclically Adjusted PB Ratio Chart

The RMR Group Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 1.12 0.99 0.90 0.51

The RMR Group Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.53 0.49 0.47 0.49 0.63

FRA:26R vs SEG, TCI, MLP: Cyclically Adjusted PB Ratio Comparison

For the Real Estate Services subindustry, The RMR 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.


The RMR Group Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, The RMR Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:26R
81GF Score
The RMR Group Inc FRA:26R
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

The RMR Group 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.

The RMR Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=15.50/27.644
=0.56

* 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.

The RMR Group's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, The RMR Group'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)
=20.395/333.9520*333.9520
=20.395

Current CPI (Jun. 2026) = 333.9520.

The RMR Group Quarterly Data

Book Value per Share CPI Adj_Book
201609 13.633 241.428 18.858
201612 17.177 241.432 23.759
201703 16.937 243.801 23.200
201706 15.934 244.955 21.723
201709 15.158 246.819 20.509
201712 21.972 246.524 29.764
201803 21.756 249.554 29.114
201806 23.002 251.989 30.484
201809 23.058 252.439 30.503
201812 28.895 251.233 38.409
201903 29.291 254.202 38.480
201906 28.622 256.143 37.317
201909 29.766 256.759 38.715
201912 29.334 256.974 38.121
202003 30.060 258.115 38.892
202006 29.493 257.797 38.205
202009 28.133 260.280 36.096
202012 27.323 260.474 35.031
202103 28.319 264.877 35.704
202106 28.304 271.696 34.790
202109 18.200 274.310 22.157
202112 18.877 278.802 22.611
202203 19.312 287.504 22.432
202206 20.695 296.311 23.324
202209 22.728 296.808 25.572
202212 20.838 296.797 23.447
202303 21.910 301.836 24.241
202306 23.467 305.109 25.685
202309 23.944 307.789 25.979
202312 23.004 306.746 25.044
202403 23.474 312.332 25.099
202406 23.517 314.175 24.997
202409 22.308 315.301 23.628
202412 24.179 315.605 25.585
202503 22.757 319.799 23.764
202506 20.671 322.561 21.401
202509 20.051 324.800 20.616
202512 20.707 324.054 21.339
202603 20.535 330.213 20.768
202606 20.395 333.952 20.395

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 0.56 mean?
The RMR Group (FRA:26R) has a Cyclically Adjusted PB Ratio of 0.56 as of Sep. 15, 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 The RMR Group and its competitors. This is 38% below median its historical median of 0.91. Over the past decade, The RMR Group's Cyclically Adjusted PB Ratio has ranged from 0.66 to 1.28. According to the industry distribution chart, The RMR Group ranks #911 out of 1300 companies in the Real Estate industry, placing it in the top 70.1%.
Is The RMR Group's Cyclically Adjusted PB Ratio too high?
The RMR Group's current Cyclically Adjusted PB Ratio of 0.56 is 38% below median its 10-year median of 0.91. Over the past 10 years, this metric has ranged from a low of 0.66 to a high of 1.28. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.66. The RMR Group's value of 0.56 is 15.2% below this industry median. Based on the distribution chart, The RMR Group ranks #911 out of 1300 companies in the Real Estate industry, which is below the industry midpoint. Overall, The RMR Group has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does The RMR Group's Cyclically Adjusted PB Ratio compare to SEG and TCI?
According to the Real Estate industry distribution chart, The RMR Group ranks #911 out of 1300 companies for Cyclically Adjusted PB Ratio. This places The RMR Group in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.66. The RMR Group's value of 0.56 is 15.2% below this benchmark. Historically, The RMR Group's own Cyclically Adjusted PB Ratio has ranged from 0.66 to 1.28 over the past decade. While the company's 10-year median is 0.91 vs. the industry median of 0.66, The RMR Group 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 Cyclically Adjusted PB Ratio for a Real Estate company?
The median Cyclically Adjusted PB Ratio among Real Estate companies is 0.66, based on 1,300 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. The RMR Group's current Cyclically Adjusted PB Ratio of 0.56 is 15.2% 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 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 The RMR Group and its competitors. For the Real Estate industry, the median Cyclically Adjusted PB Ratio is 0.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The RMR Group's current Cyclically Adjusted PB Ratio is 0.56, which is 38% below median its own 10-year median of 0.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The RMR Group stock overvalued right now?
The RMR Group (FRA:26R) has a current Cyclically Adjusted PB Ratio of 0.56. The stock's GF Value™ is €13.64, compared to a current price of €15.50 — trading 13.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.56, which is 38% below median its 10-year median of 0.91 and 15.2% below the Real Estate industry median of 0.66. The RMR Group's overall GF Score™ is 81/100 with 8 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 The RMR Group (FRA:26R), the current Cyclically Adjusted PB Ratio is 0.56 as of Sep. 15, 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 The RMR Group (FRA:26R) Overvalued in 2026?

Based on GuruFocus' analysis, The RMR Group stock appears to be overvalued. The current stock price of €15.50 is trading 13.6% above its estimated GF Value™ of €13.64.

Key valuation signals for FRA:26R:

  • Cyclically Adjusted PB Ratio: 0.56 (38% below median its 10-year median of 0.91)
  • GF Value™: €13.64 vs. price of €15.50 (13.6% above fair value)
  • GF Score™: 81/100 with 8 warning signs
  • Industry Position: 15.2% below the Real Estate median (#911 of 1300)

No single metric tells the full story. See the FRA:26R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


The RMR Group Business Description

Other Exchanges RMR:USA
Address 255 Washington Street, Suite 300, Two Newton Place, Newton, MA, USA, 02458-1634
The RMR Group Inc is a holding company that conducts its business through its subsidiary, which is an alternative asset management company with a primary focus on commercial real estate and related businesses in the United States. Its business consists of providing management services to publicly owned real estate investment trusts, or REITs, and real estate-related operating companies. The company manages a diverse portfolio of real estate assets across sectors such as office, industrial, healthcare, retail, and hospitality, etc. It also provides management services to real estate securities mutual funds and commercial real estate finance companies. The company derives the majority of its revenues from its provision of management services.
81GF Score

Get the complete analysis for FRA:26R

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

€15.50
Price
€13.64
GF Value