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Sumitomo Mitsui Financial Group (MEX:SMFG N) Cyclically Adjusted PB Ratio : 1.24 (As of Jul. 01, 2025)


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What is Sumitomo Mitsui Financial Group Cyclically Adjusted PB Ratio?

As of today (2025-07-01), Sumitomo Mitsui Financial Group's current share price is MXN307.39. Sumitomo Mitsui Financial Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was MXN247.18. Sumitomo Mitsui Financial Group's Cyclically Adjusted PB Ratio for today is 1.24.

The historical rank and industry rank for Sumitomo Mitsui Financial Group's Cyclically Adjusted PB Ratio or its related term are showing as below:

MEX:SMFG N' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.42   Med: 0.74   Max: 1.36
Current: 1.17

During the past years, Sumitomo Mitsui Financial Group's highest Cyclically Adjusted PB Ratio was 1.36. The lowest was 0.42. And the median was 0.74.

MEX:SMFG N's Cyclically Adjusted PB Ratio is ranked worse than
58.83% of 1285 companies
in the Banks industry
Industry Median: 1.04 vs MEX:SMFG N: 1.17

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 Mitsui Financial Group's adjusted book value per share data for the three months ended in Mar. 2025 was MXN312.586. 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 MXN247.18 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sumitomo Mitsui Financial Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Sumitomo Mitsui Financial Group'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.

* Premium members only.

Sumitomo Mitsui Financial Group Cyclically Adjusted PB Ratio Chart

Sumitomo Mitsui Financial Group Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.62 0.55 0.68 1.05 1.23

Sumitomo Mitsui Financial Group Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1.05 1.23 1.03 1.24 1.23

Competitive Comparison of Sumitomo Mitsui Financial Group's Cyclically Adjusted PB Ratio

For the Banks - Diversified subindustry, Sumitomo Mitsui Financial Group'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 Mitsui Financial Group's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Sumitomo Mitsui Financial Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Sumitomo Mitsui Financial Group's Cyclically Adjusted PB Ratio falls into.


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Sumitomo Mitsui Financial Group 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 Mitsui Financial Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=307.39/247.18
=1.24

* 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 Mitsui Financial Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Sumitomo Mitsui Financial Group's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=312.586/111.1000*111.1000
=312.586

Current CPI (Mar. 2025) = 111.1000.

Sumitomo Mitsui Financial Group Quarterly Data

Book Value per Share CPI Adj_Book
201506 171.090 98.400 193.172
201509 195.196 98.500 220.165
201512 192.190 98.100 217.659
201603 198.819 97.900 225.626
201606 225.684 98.100 255.591
201609 261.438 98.000 296.385
201612 240.244 98.400 271.251
201703 230.255 98.100 260.768
201706 228.673 98.500 257.925
201709 255.525 98.800 287.336
201712 260.424 99.400 291.078
201803 252.459 99.200 282.744
201806 267.964 99.200 300.109
201809 274.918 99.900 305.740
201812 263.126 99.700 293.213
201903 269.450 99.700 300.260
201906 275.237 99.800 306.401
201909 303.396 100.100 336.736
201912 279.229 100.500 308.680
202003 341.003 100.300 377.721
202006 341.315 99.900 379.581
202009 343.021 99.900 381.478
202012 320.120 99.300 358.160
202103 324.615 99.900 361.008
202106 315.209 99.500 351.957
202109 347.974 100.100 386.213
202112 321.583 100.100 356.922
202203 296.425 101.100 325.745
202206 270.498 101.800 295.210
202209 259.101 103.100 279.206
202212 262.784 104.100 280.454
202303 254.369 104.400 270.693
202306 242.170 105.200 255.752
202309 241.907 106.200 253.068
202312 245.457 106.800 255.340
202403 247.208 107.200 256.202
202406 265.275 108.200 272.385
202409 311.581 108.900 317.876
202412 316.730 110.700 317.874
202503 312.586 111.100 312.586

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.


Sumitomo Mitsui Financial Group  (MEX:SMFG N) 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 Mitsui Financial Group Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Sumitomo Mitsui Financial Group's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Sumitomo Mitsui Financial Group Business Description

Address
1-2, Marunouchi 1-chome, Chiyoda-ku, Tokyo, JPN, 100-0005
Sumitomo Mitsui Financial Group is roughly tied with Mizuho Financial Group for the status of Japan's second-largest bank after Mitsubishi UFJ Financial Group. As of March 2024, its market share of domestic loans was 7.2%, compared with 8.0% for MUFG. It has a larger consumer finance business than the other two megabanks, owning 100% of the Promise business and SMBC Card. It also controls one of Japan's largest leasing companies and SMBC Aviation Capital, one of the top five aircraft lessors globally. In securities, its SMBC Nikko unit is Japan's third-largest retail broker, although SMFG has lagged somewhat in institutional securities business and asset management.

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