Suntec Real Estate Investment Trust (FRA:P3G) Cyclically Adjusted PB Ratio: 0.61 (As of Jul. 30, 2026) — Near Median

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FRA:P3G Suntec Real Estate Investment Trust FRA:P3G
55 GF Score
Price €0.98
GF Value €0.80
Valuation Modestly Overvalued
! 9 Warning Signs
View Full Analysis

What is Suntec Real Estate Investment Trust Cyclically Adjusted PB Ratio?

Suntec Real Estate Investment Trust FRA:P3G -1.90% 55 Cyclically Adjusted PB Ratio is 0.61 as of Jul. 30, 2026, which is 6% below its 10-year median of 0.65. GuruFocus rates FRA:P3G with a GF Score™ of 55/100 and a GF Value™ of €0.80 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 554 REITs companies, Suntec Real Estate Investment Trust ranks better than 66.97% on this metric.

As of today (2026-07-30), Suntec Real Estate Investment Trust's current share price is €0.981. Suntec Real Estate Investment Trust's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was €1.60. Suntec Real Estate Investment Trust's Cyclically Adjusted PB Ratio for today is 0.61.

The historical rank and industry rank for Suntec Real Estate Investment Trust's Cyclically Adjusted PB Ratio or its related term are showing as below:

FRA:P3G' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.41   Med: 0.65   Max: 1
Current: 0.59

During the past 13 years, Suntec Real Estate Investment Trust's highest Cyclically Adjusted PB Ratio was 1.00. The lowest was 0.41. And the median was 0.65.

FRA:P3G's Cyclically Adjusted PB Ratio is ranked better than
66.97% of 554 companies
in the REITs industry
Industry Median: 0.81 vs FRA:P3G: 0.59

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.

Suntec Real Estate Investment Trust's adjusted book value per share data of for the fiscal year that ended in Dec25 was €1.439. 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 €1.60 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Suntec Real Estate Investment Trust  (FRA:P3G) 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.


Suntec Real Estate Investment Trust Cyclically Adjusted PB Ratio Related Terms


Suntec Real Estate Investment Trust Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Suntec Real Estate Investment Trust'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.

Suntec Real Estate Investment Trust Cyclically Adjusted PB Ratio Chart

Suntec Real Estate Investment Trust 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 0.62 0.54 0.48 0.46 0.56

Suntec Real Estate Investment Trust Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 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 0.00 0.46 0.00 0.56 0.00

FRA:P3G vs VICI, WPC, BNL: Cyclically Adjusted PB Ratio Comparison

For the REIT - Diversified subindustry, Suntec Real Estate Investment 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.


Suntec Real Estate Investment Trust Cyclically Adjusted PB Ratio vs REITs Industry

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

* The bar in red indicates where Suntec Real Estate Investment Trust's Cyclically Adjusted PB Ratio falls into.


FRA:P3G
55GF Score
Suntec Real Estate Investment Trust FRA:P3G
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Suntec Real Estate Investment Trust 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.

Suntec Real Estate Investment Trust's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.981/1.60
=0.61

* 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.

Suntec Real Estate Investment Trust's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Suntec Real Estate Investment Trust's adjusted Book Value per Share data for the fiscal year that ended in Dec25 was:

Adj_Book=Book Value per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=1.439/324.0540*324.0540
=1.439

Current CPI (Dec25) = 324.0540.

Suntec Real Estate Investment Trust Annual Data

Book Value per Share CPI Adj_Book
201612 1.423 241.432 1.910
201712 1.334 246.524 1.754
201812 1.354 251.233 1.746
201912 1.416 256.974 1.786
202012 1.311 260.474 1.631
202112 1.456 278.802 1.692
202212 1.564 296.797 1.708
202312 1.534 306.746 1.621
202412 1.537 315.605 1.578
202512 1.439 324.054 1.439

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 0.61 mean?
Suntec Real Estate Investment Trust (FRA:P3G) has a Cyclically Adjusted PB Ratio of 0.61 as of Jul. 30, 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 Suntec Real Estate Investment Trust and its competitors. This is near median its historical median of 0.65. Over the past decade, Suntec Real Estate Investment Trust's Cyclically Adjusted PB Ratio has ranged from 0.41 to 1.00. According to the industry distribution chart, Suntec Real Estate Investment Trust ranks #183 out of 554 companies in the REITs industry, placing it in the top 33%.
Is Suntec Real Estate Investment Trust's Cyclically Adjusted PB Ratio too high?
Suntec Real Estate Investment Trust's current Cyclically Adjusted PB Ratio of 0.61 is near median its 10-year median of 0.65. Over the past 10 years, this metric has ranged from a low of 0.41 to a high of 1.00. The REITs industry median Cyclically Adjusted PB Ratio is 0.81. Suntec Real Estate Investment Trust's value of 0.61 is 24.7% below this industry median. Based on the distribution chart, Suntec Real Estate Investment Trust ranks #183 out of 554 companies in the REITs industry, which is above the industry midpoint. Overall, Suntec Real Estate Investment Trust has a GF Score™ of 55/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Suntec Real Estate Investment Trust's Cyclically Adjusted PB Ratio compare to VICI and WPC?
According to the REITs industry distribution chart, Suntec Real Estate Investment Trust ranks #183 out of 554 companies for Cyclically Adjusted PB Ratio. This puts Suntec Real Estate Investment Trust in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.81. Suntec Real Estate Investment Trust's value of 0.61 is 24.7% below this benchmark. Historically, Suntec Real Estate Investment Trust's own Cyclically Adjusted PB Ratio has ranged from 0.41 to 1.00 over the past decade. While the company's 10-year median is 0.65 vs. the industry median of 0.81, Suntec Real Estate Investment Trust 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 REITs company?
The median Cyclically Adjusted PB Ratio among REITs companies is 0.81, based on 554 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. Suntec Real Estate Investment Trust's current Cyclically Adjusted PB Ratio of 0.61 is 24.7% 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 Suntec Real Estate Investment Trust and its competitors. For the REITs industry, the median Cyclically Adjusted PB Ratio is 0.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Suntec Real Estate Investment Trust's current Cyclically Adjusted PB Ratio is 0.61, which is near median its own 10-year median of 0.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Suntec Real Estate Investment Trust stock overvalued right now?
Based on GuruFocus' analysis, Suntec Real Estate Investment Trust (FRA:P3G) is currently considered Modestly Overvalued. The stock's GF Value™ is €0.80, compared to a current price of €0.98 — trading 22.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.61, which is near median its 10-year median of 0.65 and 24.7% below the REITs industry median of 0.81. Suntec Real Estate Investment Trust's overall GF Score™ is 55/100 with 9 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 Suntec Real Estate Investment Trust (FRA:P3G), the current Cyclically Adjusted PB Ratio is 0.61 as of Jul. 30, 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 Suntec Real Estate Investment Trust (FRA:P3G) Overvalued in 2026?

Based on GuruFocus' analysis, Suntec Real Estate Investment Trust stock appears to be overvalued. The current stock price of €0.98 is trading 22.6% above its estimated GF Value™ of €0.80. GuruFocus considers Suntec Real Estate Investment Trust to be Modestly Overvalued.

Key valuation signals for FRA:P3G:

  • Cyclically Adjusted PB Ratio: 0.61 (near median its 10-year median of 0.65)
  • GF Value™: €0.80 vs. price of €0.98 (22.6% above fair value)
  • GF Score™: 55/100 with 9 warning signs
  • Industry Position: 24.7% below the REITs median (#183 of 554)

No single metric tells the full story. See the FRA:P3G stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Suntec Real Estate Investment Trust Business Description

Industry Real EstateREITs
Other Exchanges SURVF:USAT82U:Singapore
Address 5 Temasek Boulevard, No 12-01, Suntec Tower Five, Singapore, SGP, 038985
Suntec REIT owns a SGD 12.2 billion portfolio (as of March 31, 2026) of income-producing office and retail properties in Singapore, Australia, and the UK. The majority of its assets, based on asset values, are offices (78%) and located in Singapore (72%). Its flagship asset is Suntec City, one of Singapore's largest integrated developments, consisting of offices, retail, and a convention center. The trust is externally managed by Suntec Trust Management, a wholly owned subsidiary of Tang Organization that has a 36% stake in Suntec REIT.
55GF Score

Get the complete analysis for FRA:P3G

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

€0.98
Price
€0.80
GF Value