Real Matters (MEX:REAL) Cyclically Adjusted PB Ratio: 2.08 (As of Jul. 15, 2026) — Near Median

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.
Reviewed by: Charlie Tian Charlie Tian
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.

MEX:REAL Real Matters Inc MEX:REAL
74 GF Score
Price MXN297.47
GF Value MXN356.62
! 2 Warning Signs
View Full Analysis

What is Real Matters Cyclically Adjusted PB Ratio?

Real Matters MEX:REAL 74 Cyclically Adjusted PB Ratio is 2.08 as of Jul. 15, 2026, which is 4% below its 10-year median of 2.16. GuruFocus rates MEX:REAL with a GF Score™ of 74/100 and a GF Value™ of MXN356.62. The stock has 2 warning signs investors should review. Among 1,438 Real Estate companies, Real Matters ranks worse than 83.17% on this metric.

As of today (2026-07-15), Real Matters's current share price is MXN297.47. Real Matters's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was MXN142.99. Real Matters's Cyclically Adjusted PB Ratio for today is 2.08.

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

MEX:REAL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.88   Med: 2.16   Max: 2.86
Current: 1.89

During the past years, Real Matters's highest Cyclically Adjusted PB Ratio was 2.86. The lowest was 1.88. And the median was 2.16.

MEX:REAL's Cyclically Adjusted PB Ratio is ranked worse than
83.17% of 1438 companies
in the Real Estate industry
Industry Median: 0.71 vs MEX:REAL: 1.89

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.

Real Matters's adjusted book value per share data for the three months ended in Mar. 2026 was MXN21.609. 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 MXN142.99 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Real Matters  (MEX:REAL) 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.


Real Matters Cyclically Adjusted PB Ratio Related Terms


Real Matters Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Real Matters'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.

Real Matters Cyclically Adjusted PB Ratio Chart

Real Matters Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 2.64

Real Matters 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 2.04 2.64 2.12 2.08

MEX:REAL vs CBRE, BEKE, JLL: Cyclically Adjusted PB Ratio Comparison

For the Real Estate Services subindustry, Real Matters'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.


Real Matters Cyclically Adjusted PB Ratio vs Real Estate Industry

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

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


MEX:REAL
74GF Score
Real Matters Inc MEX:REAL
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Real Matters 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.

Real Matters's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=297.47/142.99
=2.08

* 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.

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

For example, Real Matters'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)
=21.609/132.2623*132.2623
=21.609

Current CPI (Mar. 2026) = 132.2623.

Real Matters Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.000 102.002 0.000
201609 23.474 101.765 30.509
201612 23.634 101.449 30.813
201703 19.741 102.634 25.440
201706 37.691 103.029 48.386
201709 38.477 103.345 49.244
201712 40.712 103.345 52.104
201803 37.243 105.004 46.911
201806 39.752 105.557 49.809
201809 37.704 105.636 47.208
201812 38.135 105.399 47.855
201903 37.286 106.979 46.098
201906 37.563 107.690 46.134
201909 39.552 107.611 48.612
201912 39.225 107.769 48.140
202003 48.695 107.927 59.675
202006 52.002 108.401 63.448
202009 54.090 108.164 66.141
202012 48.151 108.559 58.664
202103 51.745 110.298 62.050
202106 40.506 111.720 47.954
202109 41.474 112.905 48.585
202112 41.364 113.774 48.086
202203 40.189 117.646 45.182
202206 36.747 120.806 40.232
202209 31.790 120.648 34.850
202212 29.958 120.964 32.756
202303 27.123 122.702 29.236
202306 26.196 124.203 27.896
202309 26.682 125.230 28.180
202312 25.847 125.072 27.333
202403 25.235 126.258 26.435
202406 28.079 127.522 29.123
202409 30.828 127.285 32.034
202412 31.555 127.364 32.769
202503 30.384 129.181 31.109
202506 28.034 129.892 28.546
202509 22.453 130.287 22.793
202512 21.677 130.366 21.992
202603 21.609 132.262 21.609

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 2.08 mean?
Real Matters (MEX:REAL) has a Cyclically Adjusted PB Ratio of 2.08 as of Jul. 15, 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 Real Matters and its competitors. This is near median its historical median of 2.16. Over the past decade, Real Matters' Cyclically Adjusted PB Ratio has ranged from 1.88 to 2.86. According to the industry distribution chart, Real Matters ranks #1196 out of 1438 companies in the Real Estate industry, placing it in the top 83.2%.
Is Real Matters' Cyclically Adjusted PB Ratio too high?
Real Matters' current Cyclically Adjusted PB Ratio of 2.08 is near median its 10-year median of 2.16. Over the past 10 years, this metric has ranged from a low of 1.88 to a high of 2.86. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.71. Real Matters' value of 2.08 is 193% above this industry median. Based on the distribution chart, Real Matters ranks #1196 out of 1438 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Real Matters has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.
How does Real Matters' Cyclically Adjusted PB Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Real Matters ranks #1196 out of 1438 companies for Cyclically Adjusted PB Ratio. This places Real Matters in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.71. Real Matters' value of 2.08 is 193% above this benchmark. Historically, Real Matters' own Cyclically Adjusted PB Ratio has ranged from 1.88 to 2.86 over the past decade. While the company's 10-year median is 2.16 vs. the industry median of 0.71, Real Matters 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 1,438 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. Real Matters's current Cyclically Adjusted PB Ratio of 2.08 is 193% 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 Real Matters 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. Real Matters's current Cyclically Adjusted PB Ratio is 2.08, which is near median its own 10-year median of 2.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Real Matters stock overvalued right now?
Real Matters (MEX:REAL) has a current Cyclically Adjusted PB Ratio of 2.08. The stock's GF Value™ is MXN356.62, compared to a current price of MXN297.47 — trading 16.6% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.08, which is near median its 10-year median of 2.16 and 193% above the Real Estate industry median of 0.71. Real Matters' overall GF Score™ is 74/100 with 2 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 Real Matters (MEX:REAL), the current Cyclically Adjusted PB Ratio is 2.08 as of Jul. 15, 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 Real Matters (MEX:REAL) Overvalued in 2026?

Based on GuruFocus' analysis, Real Matters stock appears to be undervalued. The current stock price of MXN297.47 is trading 16.6% below its estimated GF Value™ of MXN356.62.

Key valuation signals for MEX:REAL:

  • Cyclically Adjusted PB Ratio: 2.08 (near median its 10-year median of 2.16)
  • GF Value™: MXN356.62 vs. price of MXN297.47 (16.6% below fair value)
  • GF Score™: 74/100 with 2 warning signs
  • Industry Position: 193% above the Real Estate median (#1196 of 1438)

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


Real Matters Business Description

Address 50 Minthorn Boulevard, Suite 401, Markham, ON, CAN, L3T 7X8
Real Matters Inc is a Canadian network management services provider for the mortgage lending and insurance industries. The company's platform combines proprietary technology and network management capabilities with tens of thousands of independent qualified field agents. Its operating segment includes U.S. Appraisal; U.S. Title, and Canada. The company generates maximum revenue from the U.S. Appraisal segment. Its U.S. Appraisal segment provides residential mortgage appraisals for purchase, refinance, and home equity transactions through its Solidifi brand.
74GF Score

Get the complete analysis for MEX:REAL

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

MXN297.47
Price
MXN356.62
GF Value