Sirius Real Estate (LSE:SRE) Cyclically Adjusted PB Ratio: (As of Sep. 20, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

LSE:SRE Sirius Real Estate Ltd LSE:SRE
45 GF Score
Price £0.92
GF Value £0.80
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Sirius Real Estate Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Sirius Real Estate  (LSE:SRE) 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.


Sirius Real Estate Cyclically Adjusted PB Ratio Related Terms


Sirius Real Estate Cyclically Adjusted PB Ratio Historical Data

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The historical data trend for Sirius Real Estate'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.

Sirius Real Estate Cyclically Adjusted PB Ratio Chart

Sirius Real Estate 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 2.03 1.12 1.30 1.03 1.04

Sirius Real Estate Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 1.31 1.26 1.04 1.15 1.04

LSE:SRE vs CBRE, BEKE, JLL: Cyclically Adjusted PB Ratio Comparison

For the Real Estate Services subindustry, Sirius Real Estate'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.


Sirius Real Estate Cyclically Adjusted PB Ratio vs Real Estate Industry

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

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


LSE:SRE
45GF Score
Sirius Real Estate Ltd LSE:SRE
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sirius Real Estate 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.

Sirius Real Estate's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar26 is calculated as:

For example, Sirius Real Estate's adjusted Book Value per Share data for the fiscal year that ended in Mar26 was:

Adj_Book=Book Value per Share/CPI of Mar26 (Change)*Current CPI (Mar26)
=1.046/330.2130*330.2130
=1.046

Current CPI (Mar26) = 330.2130.

Sirius Real Estate Annual Data

Book Value per Share CPI Adj_Book
201703 0.483 243.801 0.654
201803 0.553 249.554 0.732
201903 0.612 254.202 0.795
202003 0.685 258.115 0.876
202103 0.753 264.877 0.939
202203 0.863 287.504 0.991
202303 0.901 301.836 0.986
202403 0.898 312.332 0.949
202503 0.940 319.799 0.971
202603 1.046 330.213 1.046

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 Sirius Real Estate (LSE:SRE) Overvalued in 2026?

Based on GuruFocus' analysis, Sirius Real Estate stock appears to be overvalued. The current stock price of £0.92 is trading 14.5% above its estimated GF Value™ of £0.80. GuruFocus considers Sirius Real Estate to be Modestly Overvalued.

Key valuation signals for LSE:SRE:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: £0.80 vs. price of £0.92 (14.5% above fair value)
  • GF Score™: 45/100 with 6 warning signs

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


Sirius Real Estate Business Description

Address Plaza House, Fifth Floor, Admiral Park, Saint Peter Port, GGY, GY1 2HU
Sirius Real Estate Ltd is in the business of investment in and acquisition of the commercial property to provide workspace in Germany. It operates in two segments that is Germany; and United Kingdom. The Company invests in large mixed-use commercial real estate assets in Germany. The firm derives revenues in the form of rental income from operations in Germany. Its portfolio includes Conventional offices, Smartspace Office, Officepods, Virtual office, Classical storage spaces, Smart space Storage, Flexi storage, Workshop spaces, and others.
45GF Score

Get the complete analysis for LSE:SRE

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

£0.92
Price
£0.80
GF Value