Sun Communities (MEX:SUI) Cyclically Adjusted PB Ratio: 2.25 (As of Jul. 08, 2026) — 64% Below Median


MEX:SUI Sun Communities Inc MEX:SUI
74 GF Score
Price MXN2,200.00
GF Value MXN2,353.99
! 6 Warning Signs
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What is Sun Communities Cyclically Adjusted PB Ratio?

Sun Communities MEX:SUI 74 Cyclically Adjusted PB Ratio is 2.25 as of Jul. 08, 2026, which is 64% below its 10-year median of 6.33. GuruFocus rates MEX:SUI with a GF Score™ of 74/100 and a GF Value™ of MXN2,353.99. The stock has 6 warning signs investors should review. Among 561 REITs companies, Sun Communities ranks worse than 88.95% on this metric.

As of today (2026-07-08), Sun Communities's current share price is MXN2200.00. Sun Communities's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was MXN979.49. Sun Communities's Cyclically Adjusted PB Ratio for today is 2.25.

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

MEX:SUI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.11   Med: 6.33   Max: 14.47
Current: 2.18

During the past years, Sun Communities's highest Cyclically Adjusted PB Ratio was 14.47. The lowest was 2.11. And the median was 6.33.

MEX:SUI's Cyclically Adjusted PB Ratio is ranked worse than
88.95% of 561 companies
in the REITs industry
Industry Median: 0.82 vs MEX:SUI: 2.18

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.

Sun Communities's adjusted book value per share data for the three months ended in Mar. 2026 was MXN988.072. 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 MXN979.49 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sun Communities  (MEX:SUI) 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.


Sun Communities Cyclically Adjusted PB Ratio Related Terms


Sun Communities Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Sun Communities'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.

Sun Communities Cyclically Adjusted PB Ratio Chart

Sun Communities 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 6.56 3.59 2.92 2.43 2.27

Sun Communities 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 2.48 2.38 2.38 2.27 2.25

MEX:SUI vs MAA, UDR, ELS: Cyclically Adjusted PB Ratio Comparison

For the REIT - Residential subindustry, Sun Communities'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.


Sun Communities Cyclically Adjusted PB Ratio vs REITs Industry

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

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


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

Sun Communities 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.

Sun Communities's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2200.00/979.49
=2.25

* 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.

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

For example, Sun Communities'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)
=988.072/330.2130*330.2130
=988.072

Current CPI (Mar. 2026) = 330.2130.

Sun Communities Quarterly Data

Book Value per Share CPI Adj_Book
201606 547.744 241.018 750.451
201609 618.043 241.428 845.328
201612 646.503 241.432 884.239
201703 586.009 243.801 793.712
201706 615.825 244.955 830.166
201709 616.673 246.819 825.031
201712 640.468 246.524 857.892
201803 584.845 249.554 773.874
201806 638.689 251.989 836.955
201809 684.288 252.439 895.110
201812 706.399 251.233 928.469
201903 690.751 254.202 897.298
201906 743.054 256.143 957.926
201909 761.865 256.759 979.820
201912 773.127 256.974 993.472
202003 935.855 258.115 1,197.263
202006 1,021.134 257.797 1,307.974
202009 979.754 260.280 1,242.998
202012 1,021.210 260.474 1,294.628
202103 1,095.250 264.877 1,365.410
202106 1,125.974 271.696 1,368.483
202109 1,187.627 274.310 1,429.659
202112 1,171.645 278.802 1,387.696
202203 1,120.962 287.504 1,287.482
202206 1,232.112 296.311 1,373.082
202209 1,272.619 296.808 1,415.849
202212 1,227.902 296.797 1,366.150
202303 1,114.093 301.836 1,218.834
202306 1,062.274 305.109 1,149.677
202309 1,083.752 307.789 1,162.709
202312 966.161 306.746 1,040.075
202403 923.898 312.332 976.791
202406 1,011.396 314.175 1,063.026
202409 1,152.312 315.301 1,206.810
202412 1,158.955 315.605 1,212.598
202503 1,109.817 319.799 1,145.957
202506 1,108.571 322.561 1,134.869
202509 1,036.633 324.800 1,053.909
202512 1,014.272 324.054 1,033.549
202603 988.072 330.213 988.072

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 2.25 mean?
Sun Communities (MEX:SUI) has a Cyclically Adjusted PB Ratio of 2.25 as of Jul. 08, 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 Sun Communities and its competitors. This is 64% below median its historical median of 6.33. Over the past decade, Sun Communities' Cyclically Adjusted PB Ratio has ranged from 2.11 to 14.47. According to the industry distribution chart, Sun Communities ranks #499 out of 561 companies in the REITs industry, placing it in the top 88.9%.
Is Sun Communities' Cyclically Adjusted PB Ratio too high?
Sun Communities' current Cyclically Adjusted PB Ratio of 2.25 is 64% below median its 10-year median of 6.33. Over the past 10 years, this metric has ranged from a low of 2.11 to a high of 14.47. The REITs industry median Cyclically Adjusted PB Ratio is 0.82. Sun Communities' value of 2.25 is 174.4% above this industry median. Based on the distribution chart, Sun Communities ranks #499 out of 561 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Sun Communities has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.
How does Sun Communities' Cyclically Adjusted PB Ratio compare to MAA and UDR?
According to the REITs industry distribution chart, Sun Communities ranks #499 out of 561 companies for Cyclically Adjusted PB Ratio. This places Sun Communities in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.82. Sun Communities' value of 2.25 is 174.4% above this benchmark. Historically, Sun Communities' own Cyclically Adjusted PB Ratio has ranged from 2.11 to 14.47 over the past decade. While the company's 10-year median is 6.33 vs. the industry median of 0.82, Sun Communities 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 REITs company?
The median Cyclically Adjusted PB Ratio among REITs companies is 0.82, based on 561 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. Sun Communities's current Cyclically Adjusted PB Ratio of 2.25 is 174.4% 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 Sun Communities and its competitors. For the REITs industry, the median Cyclically Adjusted PB Ratio is 0.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sun Communities's current Cyclically Adjusted PB Ratio is 2.25, which is 64% below median its own 10-year median of 6.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sun Communities stock overvalued right now?
Sun Communities (MEX:SUI) has a current Cyclically Adjusted PB Ratio of 2.25. The stock's GF Value™ is MXN2,353.99, compared to a current price of MXN2,200.00 — trading 6.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.25, which is 64% below median its 10-year median of 6.33 and 174.4% above the REITs industry median of 0.82. Sun Communities' overall GF Score™ is 74/100 with 6 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 Sun Communities (MEX:SUI), the current Cyclically Adjusted PB Ratio is 2.25 as of Jul. 08, 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 Sun Communities (MEX:SUI) Overvalued in 2026?

Based on GuruFocus' analysis, Sun Communities stock appears to be undervalued. The current stock price of MXN2,200.00 is trading 6.5% below its estimated GF Value™ of MXN2,353.99.

Key valuation signals for MEX:SUI:

  • Cyclically Adjusted PB Ratio: 2.25 (64% below median its 10-year median of 6.33)
  • GF Value™: MXN2,353.99 vs. price of MXN2,200.00 (6.5% below fair value)
  • GF Score™: 74/100 with 6 warning signs
  • Industry Position: 174.4% above the REITs median (#499 of 561)

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


Sun Communities Business Description

Industry Real EstateREITs
Address 27777 Franklin Road, Suite 300, Southfield, MI, USA, 48034
Sun Communities is a residential REIT that focuses on owning manufactured housing and residential vehicle communities. The company currently owns a portfolio of 513 properties, which includes 347 manufactured housing communities and 166 residential vehicle communities. Sun targets owning properties that are desirable as second homes or vacation properties, with nearly 50% of the portfolio located in either Florida or Michigan near major bodies of water.
74GF Score

Get the complete analysis for MEX:SUI

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

MXN2,200.00
Price
MXN2,353.99
GF Value