Starwood Property Trust (MEX:STWD) Cyclically Adjusted PB Ratio: 0.74 (As of Jul. 31, 2026) — 22% Below Median

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MEX:STWD Starwood Property Trust Inc MEX:STWD
46 GF Score
Price MXN289.86
GF Value MXN247.53
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Starwood Property Trust Cyclically Adjusted PB Ratio?

Starwood Property Trust MEX:STWD 46 Cyclically Adjusted PB Ratio is 0.74 as of Jul. 31, 2026, which is 22% below its 10-year median of 0.95. GuruFocus rates MEX:STWD with a GF Score™ of 46/100 and a GF Value™ of MXN247.53 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 554 REITs companies, Starwood Property Trust ranks better than 53.61% on this metric.

As of today (2026-07-31), Starwood Property Trust's current share price is MXN289.86. Starwood Property Trust's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was MXN391.72. Starwood Property Trust's Cyclically Adjusted PB Ratio for today is 0.74.

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

MEX:STWD' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.47   Med: 0.95   Max: 1.39
Current: 0.76

During the past years, Starwood Property Trust's highest Cyclically Adjusted PB Ratio was 1.39. The lowest was 0.47. And the median was 0.95.

MEX:STWD's Cyclically Adjusted PB Ratio is ranked better than
53.61% of 554 companies
in the REITs industry
Industry Median: 0.81 vs MEX:STWD: 0.76

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.

Starwood Property Trust's adjusted book value per share data for the three months ended in Mar. 2026 was MXN324.208. 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 MXN391.72 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Starwood Property Trust  (MEX:STWD) 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.


Starwood Property Trust Cyclically Adjusted PB Ratio Related Terms


Starwood Property Trust Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Starwood Property Trust'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.

Starwood Property Trust Cyclically Adjusted PB Ratio Chart

Starwood Property Trust Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.22 0.88 1.01 0.90 0.85

Starwood Property Trust 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 0.93 0.94 0.91 0.85 0.81

MEX:STWD vs RITM, DX, BXMT: Cyclically Adjusted PB Ratio Comparison

For the REIT - Mortgage subindustry, Starwood Property Trust'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.


Starwood Property Trust Cyclically Adjusted PB Ratio vs REITs Industry

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

* The bar in red indicates where Starwood Property Trust's Cyclically Adjusted PB Ratio falls into.


MEX:STWD
46GF Score
Starwood Property Trust Inc MEX:STWD
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Starwood Property Trust 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.

Starwood Property Trust's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=289.86/391.72
=0.74

* 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.

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

For example, Starwood Property Trust'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)
=324.208/330.2130*330.2130
=324.208

Current CPI (Mar. 2026) = 330.2130.

Starwood Property Trust Quarterly Data

Book Value per Share CPI Adj_Book
201606 315.451 241.018 432.192
201609 330.020 241.428 451.385
201612 359.585 241.432 491.814
201703 325.719 243.801 441.166
201706 313.379 244.955 422.452
201709 312.913 246.819 418.639
201712 336.503 246.524 450.738
201803 309.217 249.554 409.160
201806 332.893 251.989 436.232
201809 315.335 252.439 412.487
201812 327.898 251.233 430.979
201903 319.798 254.202 415.423
201906 316.724 256.143 408.312
201909 325.970 256.759 419.224
201912 314.138 256.974 403.669
202003 369.532 258.115 472.752
202006 364.506 257.797 466.897
202009 350.272 260.280 444.384
202012 313.702 260.474 397.692
202103 319.020 264.877 397.711
202106 309.671 271.696 376.367
202109 319.712 274.310 384.868
202112 408.674 278.802 484.033
202203 407.397 287.504 467.916
202206 416.007 296.311 463.604
202209 418.876 296.808 466.019
202212 405.542 296.797 451.201
202303 368.456 301.836 403.096
202306 351.601 305.109 380.530
202309 351.532 307.789 377.143
202312 338.606 306.746 364.510
202403 329.488 312.332 348.351
202406 359.736 314.175 378.100
202409 381.859 315.301 399.919
202412 397.885 315.605 416.301
202503 386.145 319.799 398.720
202506 353.956 322.561 362.353
202509 340.035 324.800 345.702
202512 330.195 324.054 336.471
202603 324.208 330.213 324.208

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 0.74 mean?
Starwood Property Trust (MEX:STWD) has a Cyclically Adjusted PB Ratio of 0.74 as of Jul. 31, 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 Starwood Property Trust and its competitors. This is 22% below median its historical median of 0.95. Over the past decade, Starwood Property Trust's Cyclically Adjusted PB Ratio has ranged from 0.47 to 1.39. According to the industry distribution chart, Starwood Property Trust ranks #257 out of 554 companies in the REITs industry, placing it in the top 46.4%.
Is Starwood Property Trust's Cyclically Adjusted PB Ratio too high?
Starwood Property Trust's current Cyclically Adjusted PB Ratio of 0.74 is 22% below median its 10-year median of 0.95. Over the past 10 years, this metric has ranged from a low of 0.47 to a high of 1.39. The REITs industry median Cyclically Adjusted PB Ratio is 0.81. Starwood Property Trust's value of 0.74 is 8.6% below this industry median. Based on the distribution chart, Starwood Property Trust ranks #257 out of 554 companies in the REITs industry, which is above the industry midpoint. Overall, Starwood Property Trust has a GF Score™ of 46/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Starwood Property Trust's Cyclically Adjusted PB Ratio compare to RITM and DX?
According to the REITs industry distribution chart, Starwood Property Trust ranks #257 out of 554 companies for Cyclically Adjusted PB Ratio. This puts Starwood Property Trust in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.81. Starwood Property Trust's value of 0.74 is 8.6% below this benchmark. Historically, Starwood Property Trust's own Cyclically Adjusted PB Ratio has ranged from 0.47 to 1.39 over the past decade. While the company's 10-year median is 0.95 vs. the industry median of 0.81, Starwood Property Trust has consistently been below 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 REITs company?
The median Cyclically Adjusted PB Ratio among REITs companies is 0.81, based on 554 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. Starwood Property Trust's current Cyclically Adjusted PB Ratio of 0.74 is 8.6% below 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 Starwood Property Trust and its competitors. For the REITs industry, the median Cyclically Adjusted PB Ratio is 0.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Starwood Property Trust's current Cyclically Adjusted PB Ratio is 0.74, which is 22% below median its own 10-year median of 0.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Starwood Property Trust stock overvalued right now?
Based on GuruFocus' analysis, Starwood Property Trust (MEX:STWD) is currently considered Modestly Overvalued. The stock's GF Value™ is MXN247.53, compared to a current price of MXN289.86 — trading 17.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.74, which is 22% below median its 10-year median of 0.95 and 8.6% below the REITs industry median of 0.81. Starwood Property Trust's overall GF Score™ is 46/100 with 4 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 Starwood Property Trust (MEX:STWD), the current Cyclically Adjusted PB Ratio is 0.74 as of Jul. 31, 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 Starwood Property Trust (MEX:STWD) Overvalued in 2026?

Based on GuruFocus' analysis, Starwood Property Trust stock appears to be overvalued. The current stock price of MXN289.86 is trading 17.1% above its estimated GF Value™ of MXN247.53. GuruFocus considers Starwood Property Trust to be Modestly Overvalued.

Key valuation signals for MEX:STWD:

  • Cyclically Adjusted PB Ratio: 0.74 (22% below median its 10-year median of 0.95)
  • GF Value™: MXN247.53 vs. price of MXN289.86 (17.1% above fair value)
  • GF Score™: 46/100 with 4 warning signs
  • Industry Position: 8.6% below the REITs median (#257 of 554)

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


Starwood Property Trust Business Description

Industry Real EstateREITs
Address 2340 Collins Avenue, Suite 700, Miami Beach, FL, USA, 33139
Starwood Property Trust Inc is a real estate investment trust principally engaged in originating, acquiring, and managing commercial mortgage loans, commercial mortgage-backed securities, and other real estate investments in the U.S., Australia, and Europe. The company has four reportable business segments: Commercial and Residential Lending, Infrastructure Lending, Property, and Investing and Servicing. The majority of its revenue is generated from the Commercial and Residential Lending segment, which engages mainly in originating, acquiring, financing, and managing commercial first mortgages, non-agency residential mortgages (residential loans), commercial mortgage-backed securities (CMBS), residential mortgage-backed securities (RMBS), and other real estate and related debt investments.
46GF Score

Get the complete analysis for MEX:STWD

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

MXN289.86
Price
MXN247.53
GF Value