Sumitomo Realty & Development Co (FRA:RL2) Cyclically Adjusted PB Ratio: 2.04 (As of Jul. 18, 2026) — Near Median

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FRA:RL2 Sumitomo Realty & Development Co Ltd FRA:RL2
80 GF Score
Price €20.20
GF Value €14.77
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Sumitomo Realty & Development Co Cyclically Adjusted PB Ratio?

Sumitomo Realty & Development Co FRA:RL2 -0.98% 80 Cyclically Adjusted PB Ratio is 2.04 as of Jul. 18, 2026, which is 9% above its 10-year median of 1.87. GuruFocus rates FRA:RL2 with a GF Score™ of 80/100 and a GF Value™ of €14.77 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,437 Real Estate companies, Sumitomo Realty & Development Co ranks worse than 84.69% on this metric.

As of today (2026-07-18), Sumitomo Realty & Development Co's current share price is €20.20. Sumitomo Realty & Development Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €9.89. Sumitomo Realty & Development Co's Cyclically Adjusted PB Ratio for today is 2.04.

The historical rank and industry rank for Sumitomo Realty & Development Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

FRA:RL2' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.15   Med: 1.87   Max: 2.98
Current: 2.08

During the past years, Sumitomo Realty & Development Co's highest Cyclically Adjusted PB Ratio was 2.98. The lowest was 1.15. And the median was 1.87.

FRA:RL2's Cyclically Adjusted PB Ratio is ranked worse than
84.69% of 1437 companies
in the Real Estate industry
Industry Median: 0.71 vs FRA:RL2: 2.08

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 Realty & Development Co's adjusted book value per share data for the three months ended in Mar. 2026 was €14.582. 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 €9.89 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sumitomo Realty & Development Co  (FRA:RL2) 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.


Sumitomo Realty & Development Co Cyclically Adjusted PB Ratio Related Terms


Sumitomo Realty & Development Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Sumitomo Realty & Development Co'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.

Sumitomo Realty & Development Co Cyclically Adjusted PB Ratio Chart

Sumitomo Realty & Development Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.50 1.16 2.00 1.71 2.43

Sumitomo Realty & Development Co 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 1.71 1.66 1.90 2.22 2.43

FRA:RL2 vs CBRE, BEKE, JLL: Cyclically Adjusted PB Ratio Comparison

For the Real Estate Services subindustry, Sumitomo Realty & Development Co'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 Realty & Development Co Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Sumitomo Realty & Development Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Sumitomo Realty & Development Co's Cyclically Adjusted PB Ratio falls into.


FRA:RL2
80GF Score
Sumitomo Realty & Development Co Ltd FRA:RL2
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Sumitomo Realty & Development Co 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.

Sumitomo Realty & Development Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=20.20/9.89
=2.04

* 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 Realty & Development Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Sumitomo Realty & Development Co'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)
=14.582/112.7000*112.7000
=14.582

Current CPI (Mar. 2026) = 112.7000.

Sumitomo Realty & Development Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 8.037 98.100 9.233
201609 8.651 98.000 9.949
201612 8.554 98.400 9.797
201703 8.799 98.100 10.109
201706 8.730 98.500 9.989
201709 8.619 98.800 9.832
201712 8.950 99.400 10.148
201803 8.996 99.200 10.220
201806 9.540 99.200 10.838
201809 9.683 99.900 10.924
201812 9.607 99.700 10.860
201903 10.098 99.700 11.415
201906 10.698 99.800 12.081
201909 11.432 100.100 12.871
201912 11.508 100.500 12.905
202003 11.484 100.300 12.904
202006 12.052 99.900 13.596
202009 12.048 99.900 13.592
202012 12.237 99.300 13.888
202103 12.254 99.900 13.824
202106 12.174 99.500 13.789
202109 13.005 100.100 14.642
202112 13.269 100.100 14.939
202203 13.201 101.100 14.716
202206 12.471 101.800 13.806
202209 12.797 103.100 13.989
202212 13.016 104.100 14.091
202303 13.265 104.400 14.320
202306 13.021 105.200 13.949
202309 13.066 106.200 13.866
202312 13.318 106.800 14.054
202403 13.285 107.200 13.967
202406 13.177 108.200 13.725
202409 14.272 108.900 14.770
202412 14.205 110.700 14.462
202503 14.293 111.100 14.499
202506 14.330 111.700 14.458
202509 14.307 112.000 14.396
202512 14.253 113.000 14.215
202603 14.582 112.700 14.582

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 2.04 mean?
Sumitomo Realty & Development Co (FRA:RL2) has a Cyclically Adjusted PB Ratio of 2.04 as of Jul. 18, 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 Sumitomo Realty & Development Co and its competitors. This is near median its historical median of 1.87. Over the past decade, Sumitomo Realty & Development Co's Cyclically Adjusted PB Ratio has ranged from 1.15 to 2.98. According to the industry distribution chart, Sumitomo Realty & Development Co ranks #1217 out of 1437 companies in the Real Estate industry, placing it in the top 84.7%.
Is Sumitomo Realty & Development Co's Cyclically Adjusted PB Ratio too high?
Sumitomo Realty & Development Co's current Cyclically Adjusted PB Ratio of 2.04 is near median its 10-year median of 1.87. Over the past 10 years, this metric has ranged from a low of 1.15 to a high of 2.98. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.71. Sumitomo Realty & Development Co's value of 2.04 is 187.3% above this industry median. Based on the distribution chart, Sumitomo Realty & Development Co ranks #1217 out of 1437 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Sumitomo Realty & Development Co has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sumitomo Realty & Development Co's Cyclically Adjusted PB Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Sumitomo Realty & Development Co ranks #1217 out of 1437 companies for Cyclically Adjusted PB Ratio. This places Sumitomo Realty & Development Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.71. Sumitomo Realty & Development Co's value of 2.04 is 187.3% above this benchmark. Historically, Sumitomo Realty & Development Co's own Cyclically Adjusted PB Ratio has ranged from 1.15 to 2.98 over the past decade. While the company's 10-year median is 1.87 vs. the industry median of 0.71, Sumitomo Realty & Development Co 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 a Real Estate company?
The median Cyclically Adjusted PB Ratio among Real Estate companies is 0.71, based on 1,437 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. Sumitomo Realty & Development Co's current Cyclically Adjusted PB Ratio of 2.04 is 187.3% 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 Sumitomo Realty & Development Co and its competitors. For the Real Estate industry, the median Cyclically Adjusted PB Ratio is 0.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sumitomo Realty & Development Co's current Cyclically Adjusted PB Ratio is 2.04, which is near median its own 10-year median of 1.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sumitomo Realty & Development Co stock overvalued right now?
Based on GuruFocus' analysis, Sumitomo Realty & Development Co (FRA:RL2) is currently considered Significantly Overvalued. The stock's GF Value™ is €14.77, compared to a current price of €20.20 — trading 36.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.04, which is near median its 10-year median of 1.87 and 187.3% above the Real Estate industry median of 0.71. Sumitomo Realty & Development Co's overall GF Score™ is 80/100 with 3 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 Sumitomo Realty & Development Co (FRA:RL2), the current Cyclically Adjusted PB Ratio is 2.04 as of Jul. 18, 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 Realty & Development Co (FRA:RL2) Overvalued in 2026?

Based on GuruFocus' analysis, Sumitomo Realty & Development Co stock appears to be overvalued. The current stock price of €20.20 is trading 36.8% above its estimated GF Value™ of €14.77. GuruFocus considers Sumitomo Realty & Development Co to be Significantly Overvalued.

Key valuation signals for FRA:RL2:

  • Cyclically Adjusted PB Ratio: 2.04 (near median its 10-year median of 1.87)
  • GF Value™: €14.77 vs. price of €20.20 (36.8% above fair value)
  • GF Score™: 80/100 with 3 warning signs
  • Industry Position: 187.3% above the Real Estate median (#1217 of 1437)

No single metric tells the full story. See the FRA:RL2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sumitomo Realty & Development Co Business Description

Address 2-4-1 Nishi-Shinjuku, Shinjuku NS Building, Shinjuku-ku, Tokyo, JPN, 163-0820
Sumitomo Realty & Development is a Japan-based company engaged in the real estate business. The company operates through four segments. The Completed Construction segment covers construction and renovation contracts for detached houses and condominiums. The Real Estate Distribution segment involves brokerage and sales agency services. The Real Estate Rental segment includes leasing and management of office buildings, condominiums, hotels, event halls, and commercial facilities. The Real Estate Sales segment focuses on condominiums and detached houses, and the Others segment covers businesses such as fitness clubs and restaurants. It generates the majority of its revenue from the Real estate rental segment.
80GF 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.

€20.20
Price
€14.77
GF Value