Sekisui House (FRA:SPH1) Cyclically Adjusted PB Ratio: 1.47 (As of Aug. 01, 2026) — Near Median

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FRA:SPH1 Sekisui House Ltd FRA:SPH1
90 GF Score
Price €18.49
GF Value €21.83
! 3 Warning Signs
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What is Sekisui House Cyclically Adjusted PB Ratio?

Sekisui House FRA:SPH1 -1.94% 90 Cyclically Adjusted PB Ratio is 1.47 as of Aug. 01, 2026, which is 1% above its 10-year median of 1.46. GuruFocus rates FRA:SPH1 with a GF Score™ of 90/100 and a GF Value™ of €21.83. The stock has 3 warning signs investors should review. Among 74 Homebuilding & Construction companies, Sekisui House ranks worse than 62.16% on this metric.

As of today (2026-08-01), Sekisui House's current share price is €18.485. Sekisui House's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 was €12.54. Sekisui House's Cyclically Adjusted PB Ratio for today is 1.47.

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

FRA:SPH1' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.11   Med: 1.46   Max: 1.98
Current: 1.48

During the past years, Sekisui House's highest Cyclically Adjusted PB Ratio was 1.98. The lowest was 1.11. And the median was 1.46.

FRA:SPH1's Cyclically Adjusted PB Ratio is ranked worse than
62.16% of 74 companies
in the Homebuilding & Construction industry
Industry Median: 1.09 vs FRA:SPH1: 1.48

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.

Sekisui House's adjusted book value per share data for the three months ended in Apr. 2026 was €17.902. 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 €12.54 for the trailing ten years ended in Apr. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sekisui House  (FRA:SPH1) 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.


Sekisui House Cyclically Adjusted PB Ratio Related Terms


Sekisui House Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Sekisui House'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.

Sekisui House Cyclically Adjusted PB Ratio Chart

Sekisui House Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.42 1.35 1.69 1.64 1.46

Sekisui House Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 1.47 1.41 1.43 1.46 1.42

FRA:SPH1 vs DHI, PHM, LEN: Cyclically Adjusted PB Ratio Comparison

For the Residential Construction subindustry, Sekisui House'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.


Sekisui House Cyclically Adjusted PB Ratio vs Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Sekisui House's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:SPH1
90GF Score
Sekisui House Ltd FRA:SPH1
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Sekisui House 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.

Sekisui House's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=18.485/12.54
=1.47

* 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.

Sekisui House's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 is calculated as:

For example, Sekisui House's adjusted Book Value per Share data for the three months ended in Apr. 2026 was:

Adj_Book=Book Value per Share/CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=17.902/113.0000*113.0000
=17.902

Current CPI (Apr. 2026) = 113.0000.

Sekisui House Quarterly Data

Book Value per Share CPI Adj_Book
201607 12.529 97.900 14.461
201610 12.607 98.600 14.448
201701 13.092 98.200 15.065
201704 13.803 98.500 15.835
201707 12.999 98.300 14.943
201710 12.849 98.800 14.696
201801 12.815 99.500 14.554
201804 12.743 99.100 14.530
201807 13.311 99.200 15.163
201810 13.327 100.200 15.029
201901 13.828 99.700 15.673
201904 13.751 100.000 15.539
201907 14.600 99.800 16.531
201910 14.893 100.400 16.762
202001 15.284 100.500 17.185
202004 15.466 100.200 17.442
202007 15.274 100.000 17.260
202010 15.176 99.800 17.183
202101 15.416 99.800 17.455
202104 15.469 99.100 17.639
202107 15.915 99.700 18.038
202110 15.917 99.900 18.004
202201 16.819 100.300 18.949
202204 16.618 101.500 18.501
202207 17.355 102.300 19.170
202210 16.967 103.700 18.489
202301 17.540 104.700 18.930
202304 16.933 105.100 18.206
202307 16.951 105.700 18.122
202310 16.896 107.100 17.827
202401 16.993 106.900 17.963
202404 16.819 107.700 17.647
202407 17.625 108.600 18.339
202410 16.769 109.500 17.305
202501 18.691 111.200 18.994
202504 17.948 111.500 18.189
202507 17.012 111.900 17.179
202510 16.832 112.800 16.862
202601 17.931 112.900 17.947
202604 17.902 113.000 17.902

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 1.47 mean?
Sekisui House (FRA:SPH1) has a Cyclically Adjusted PB Ratio of 1.47 as of Aug. 01, 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 Sekisui House and its competitors. This is near median its historical median of 1.46. Over the past decade, Sekisui House's Cyclically Adjusted PB Ratio has ranged from 1.11 to 1.98. According to the industry distribution chart, Sekisui House ranks #46 out of 74 companies in the Homebuilding & Construction industry, placing it in the top 62.2%.
Is Sekisui House's Cyclically Adjusted PB Ratio too high?
Sekisui House's current Cyclically Adjusted PB Ratio of 1.47 is near median its 10-year median of 1.46. Over the past 10 years, this metric has ranged from a low of 1.11 to a high of 1.98. The Homebuilding & Construction industry median Cyclically Adjusted PB Ratio is 1.09. Sekisui House's value of 1.47 is 34.9% above this industry median. Based on the distribution chart, Sekisui House ranks #46 out of 74 companies in the Homebuilding & Construction industry, which is below the industry midpoint. Overall, Sekisui House has a GF Score™ of 90/100, reflecting its overall financial health beyond just this single metric.
How does Sekisui House's Cyclically Adjusted PB Ratio compare to DHI and PHM?
According to the Homebuilding & Construction industry distribution chart, Sekisui House ranks #46 out of 74 companies for Cyclically Adjusted PB Ratio. This places Sekisui House in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.09. Sekisui House's value of 1.47 is 34.9% above this benchmark. Historically, Sekisui House's own Cyclically Adjusted PB Ratio has ranged from 1.11 to 1.98 over the past decade. While the company's 10-year median is 1.46 vs. the industry median of 1.09, Sekisui House 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 Homebuilding & Construction company?
The median Cyclically Adjusted PB Ratio among Homebuilding & Construction companies is 1.09, based on 74 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. Sekisui House's current Cyclically Adjusted PB Ratio of 1.47 is 34.9% 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 Sekisui House and its competitors. For the Homebuilding & Construction industry, the median Cyclically Adjusted PB Ratio is 1.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sekisui House's current Cyclically Adjusted PB Ratio is 1.47, which is near median its own 10-year median of 1.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sekisui House stock overvalued right now?
Sekisui House (FRA:SPH1) has a current Cyclically Adjusted PB Ratio of 1.47. The stock's GF Value™ is €21.83, compared to a current price of €18.49 — trading 15.3% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.47, which is near median its 10-year median of 1.46 and 34.9% above the Homebuilding & Construction industry median of 1.09. Sekisui House's overall GF Score™ is 90/100 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 Sekisui House (FRA:SPH1), the current Cyclically Adjusted PB Ratio is 1.47 as of Aug. 01, 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 Sekisui House (FRA:SPH1) Overvalued in 2026?

Based on GuruFocus' analysis, Sekisui House stock appears to be undervalued. The current stock price of €18.49 is trading 15.3% below its estimated GF Value™ of €21.83.

Key valuation signals for FRA:SPH1:

  • Cyclically Adjusted PB Ratio: 1.47 (near median its 10-year median of 1.46)
  • GF Value™: €21.83 vs. price of €18.49 (15.3% below fair value)
  • GF Score™: 90/100 with 3 warning signs
  • Industry Position: 34.9% above the Homebuilding & Construction median (#46 of 74)

No single metric tells the full story. See the FRA:SPH1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sekisui House Business Description

Address 1-1-88 Oyodonaka, Kita-ku, Osaka, JPN, 531-0076
Sekisui House Ltd company's activities includes equity-method affiliates, is involved in the Custom Detached Houses Business, Rental Housing and Commercial Buildings Business, Architectural/Civil Engineering Business, Rental Housing Management Business, Remodeling Business, Development Business, Overseas Business, and carries out related business activities. Segments includes Custom detached houses Business, Rental housing and commercial buildings Business, Architectural / Civil engineering Business, Rental housing management Business, Remodeling Business, Development Business, and Overseas Business of which majority of revenue comes from Rental housing and commercial buildings Business.
90GF Score

Get the complete analysis for FRA:SPH1

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

€18.49
Price
€21.83
GF Value