Colonial Sfl Socimi (FRA:HSC2) Cyclically Adjusted PB Ratio: (As of Jul. 15, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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FRA:HSC2 Colonial Sfl Socimi SA FRA:HSC2
71 GF Score
Price €5.41
GF Value €4.88
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Colonial Sfl Socimi Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Colonial Sfl Socimi  (FRA:HSC2) 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.


Colonial Sfl Socimi Cyclically Adjusted PB Ratio Related Terms


Colonial Sfl Socimi Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Colonial Sfl Socimi'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.

Colonial Sfl Socimi Cyclically Adjusted PB Ratio Chart

Colonial Sfl Socimi 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 0.91 0.81 0.73 0.53 0.52

Colonial Sfl Socimi 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 0.00 0.59 0.00 0.52 0.00

FRA:HSC2 vs BXP, ARE, VNO: Cyclically Adjusted PB Ratio Comparison

For the REIT - Office subindustry, Colonial Sfl Socimi'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.


Colonial Sfl Socimi Cyclically Adjusted PB Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Colonial Sfl Socimi's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:HSC2
71GF Score
Colonial Sfl Socimi SA FRA:HSC2
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Colonial Sfl Socimi 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.

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

For example, Colonial Sfl Socimi'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)
=0/129.8600*129.8600
=0.000

Current CPI (Mar. 2026) = 129.8600.

Colonial Sfl Socimi Quarterly Data

Book Value per Share CPI Adj_Book
201606 6.423 100.333 8.313
201609 6.539 99.737 8.514
201612 6.555 101.842 8.358
201703 6.496 100.896 8.361
201706 7.601 101.848 9.692
201709 6.959 101.524 8.901
201712 8.333 102.975 10.509
201803 0.000 102.122 0.000
201806 8.593 104.165 10.713
201809 0.000 103.818 0.000
201812 9.479 104.193 11.814
201903 0.000 103.488 0.000
201906 9.934 104.612 12.332
201909 0.000 103.905 0.000
201912 10.952 105.015 13.543
202003 0.000 103.469 0.000
202006 10.627 104.254 13.237
202009 0.000 103.521 0.000
202012 10.699 104.456 13.301
202103 0.000 104.857 0.000
202106 10.843 107.102 13.147
202109 0.000 107.669 0.000
202112 11.288 111.298 13.171
202203 0.000 115.153 0.000
202206 12.127 118.044 13.341
202209 0.000 117.221 0.000
202212 11.591 117.650 12.794
202303 0.000 118.948 0.000
202306 10.634 120.278 11.481
202309 0.000 121.343 0.000
202312 9.284 121.300 9.939
202403 0.000 122.762 0.000
202406 7.950 124.409 8.298
202409 0.000 123.121 0.000
202412 9.187 124.753 9.563
202503 0.000 125.531 0.000
202506 9.320 127.251 9.511
202509 0.000 126.840 0.000
202512 9.479 128.400 9.587
202603 0.000 129.860 0.000

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.

Is Colonial Sfl Socimi (FRA:HSC2) Overvalued in 2026?

Based on GuruFocus' analysis, Colonial Sfl Socimi stock appears to be overvalued. The current stock price of €5.41 is trading 10.9% above its estimated GF Value™ of €4.88. GuruFocus considers Colonial Sfl Socimi to be Modestly Overvalued.

Key valuation signals for FRA:HSC2:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €4.88 vs. price of €5.41 (10.9% above fair value)
  • GF Score™: 71/100 with 8 warning signs

No single metric tells the full story. See the FRA:HSC2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Colonial Sfl Socimi Business Description

Industry Real EstateREITs
Address Castellana Avenue 52, Madrid, ESP, 28046
Colonial Sfl Socimi SA is a real estate company. The company and its subsidiaries are in the business of lease and disposal of movable property and real estate. It specializes in leasing of offices in prime areas. The firm has rental business and land and development business segments. The activities of these segments include office rentals, shopping centers managed by Riofisa subgroup. The company mainly operates in Barcelona, Madrid, and Paris.
71GF Score

Get the complete analysis for FRA:HSC2

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

€5.41
Price
€4.88
GF Value