RMR (The RMR Group) Cyclically Adjusted PB Ratio: 1.17 (As of Aug. 20, 2026) — 29% Above Median

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RMR The RMR Group Inc RMR
80 GF Score
Price $19.83
GF Value $16.44
Valuation Modestly Overvalued
! 11 Warning Signs
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What is The RMR Group Cyclically Adjusted PB Ratio?

The RMR Group RMR -0.85% 80 Cyclically Adjusted PB Ratio is 1.17 as of Aug. 20, 2026, which is 29% above its 10-year median of 0.91. GuruFocus rates RMR with a GF Score™ of 80/100 and a GF Value™ of $16.44 (Modestly Overvalued). The stock has 11 warning signs investors should review. Among 1,381 Real Estate companies, The RMR Group ranks worse than 70.02% on this metric.

As of today (2026-08-20), The RMR Group's current share price is $19.83. The RMR Group's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $16.95. The RMR Group's Cyclically Adjusted PB Ratio for today is 1.17.

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

RMR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.66   Med: 0.91   Max: 1.28
Current: 1.18

During the past years, The RMR Group's highest Cyclically Adjusted PB Ratio was 1.28. The lowest was 0.66. And the median was 0.91.

RMR's Cyclically Adjusted PB Ratio is ranked worse than
70.02% of 1381 companies
in the Real Estate industry
Industry Median: 0.68 vs RMR: 1.18

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.

The RMR Group's adjusted book value per share data for the three months ended in Jun. 2026 was $13.116. 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 $16.95 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


The RMR Group  (NAS:RMR) 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.


The RMR Group Cyclically Adjusted PB Ratio Related Terms


The RMR Group Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for The RMR 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.

The RMR Group Cyclically Adjusted PB Ratio Chart

The RMR Group 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 1.16 0.97

The RMR Group Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.85 0.97 0.91 0.93 1.21

RMR vs MLP, SEG, TCI: Cyclically Adjusted PB Ratio Comparison

For the Real Estate Services subindustry, The RMR 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.


The RMR Group Cyclically Adjusted PB Ratio vs Real Estate Industry

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

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


RMR
80GF Score
The RMR Group Inc RMR
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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The RMR 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.

The RMR Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=19.83/16.95
=1.17

* 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.

The RMR Group's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, The RMR Group's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=13.116/333.9520*333.9520
=13.116

Current CPI (Jun. 2026) = 333.9520.

The RMR Group Quarterly Data

Book Value per Share CPI Adj_Book
201609 7.568 241.428 10.468
201612 8.788 241.432 12.156
201703 9.004 243.801 12.333
201706 9.189 244.955 12.528
201709 9.251 246.819 12.517
201712 13.436 246.524 18.201
201803 13.804 249.554 18.472
201806 14.091 251.989 18.674
201809 14.341 252.439 18.972
201812 17.305 251.233 23.003
201903 17.506 254.202 22.998
201906 17.578 256.143 22.918
201909 17.706 256.759 23.029
201912 17.945 256.974 23.321
202003 18.027 258.115 23.324
202006 18.094 257.797 23.439
202009 18.048 260.280 23.156
202012 18.273 260.474 23.428
202103 18.254 264.877 23.014
202106 18.403 271.696 22.620
202109 11.836 274.310 14.409
202112 11.981 278.802 14.351
202203 12.046 287.504 13.992
202206 12.150 296.311 13.693
202209 12.443 296.808 14.000
202212 12.461 296.797 14.021
202303 13.222 301.836 14.629
202306 14.354 305.109 15.711
202309 14.365 307.789 15.586
202312 14.420 306.746 15.699
202403 14.434 312.332 15.433
202406 14.311 314.175 15.212
202409 14.103 315.301 14.937
202412 14.065 315.605 14.883
202503 13.880 319.799 14.494
202506 13.713 322.561 14.197
202509 13.342 324.800 13.718
202512 13.642 324.054 14.059
202603 13.315 330.213 13.466
202606 13.116 333.952 13.116

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 1.17 mean?
The RMR Group (RMR) has a Cyclically Adjusted PB Ratio of 1.17 as of Aug. 20, 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 The RMR Group and its competitors. This is 29% above median its historical median of 0.91. Over the past decade, The RMR Group's Cyclically Adjusted PB Ratio has ranged from 0.66 to 1.28. According to the industry distribution chart, The RMR Group ranks #967 out of 1381 companies in the Real Estate industry, placing it in the top 70%.
Is The RMR Group's Cyclically Adjusted PB Ratio too high?
The RMR Group's current Cyclically Adjusted PB Ratio of 1.17 is 29% above median its 10-year median of 0.91. Over the past 10 years, this metric has ranged from a low of 0.66 to a high of 1.28. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.68. The RMR Group's value of 1.17 is 72.1% above this industry median. Based on the distribution chart, The RMR Group ranks #967 out of 1381 companies in the Real Estate industry, which is below the industry midpoint. Overall, The RMR Group has a GF Score™ of 80/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does The RMR Group's Cyclically Adjusted PB Ratio compare to MLP and SEG?
According to the Real Estate industry distribution chart, The RMR Group ranks #967 out of 1381 companies for Cyclically Adjusted PB Ratio. This places The RMR Group in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.68. The RMR Group's value of 1.17 is 72.1% above this benchmark. Historically, The RMR Group's own Cyclically Adjusted PB Ratio has ranged from 0.66 to 1.28 over the past decade. While the company's 10-year median is 0.91 vs. the industry median of 0.68, The RMR Group 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 0.68, based on 1,381 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. The RMR Group's current Cyclically Adjusted PB Ratio of 1.17 is 72.1% 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 The RMR Group and its competitors. For the Real Estate industry, the median Cyclically Adjusted PB Ratio is 0.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The RMR Group's current Cyclically Adjusted PB Ratio is 1.17, which is 29% above median its own 10-year median of 0.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The RMR Group stock overvalued right now?
Based on GuruFocus' analysis, The RMR Group (RMR) is currently considered Modestly Overvalued. The stock's GF Value™ is $16.44, compared to a current price of $19.83 — trading 20.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.17, which is 29% above median its 10-year median of 0.91 and 72.1% above the Real Estate industry median of 0.68. The RMR Group's overall GF Score™ is 80/100 with 11 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 The RMR Group (RMR), the current Cyclically Adjusted PB Ratio is 1.17 as of Aug. 20, 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 The RMR Group (RMR) Overvalued in 2026?

Based on GuruFocus' analysis, The RMR Group stock appears to be overvalued. The current stock price of $19.83 is trading 20.6% above its estimated GF Value™ of $16.44. GuruFocus considers The RMR Group to be Modestly Overvalued.

Key valuation signals for RMR:

  • Cyclically Adjusted PB Ratio: 1.17 (29% above median its 10-year median of 0.91)
  • GF Value™: $16.44 vs. price of $19.83 (20.6% above fair value)
  • GF Score™: 80/100 with 11 warning signs
  • Industry Position: 72.1% above the Real Estate median (#967 of 1381)

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


The RMR Group Business Description

Other Exchanges 26R:Germany
Address 255 Washington Street, Suite 300, Two Newton Place, Newton, MA, USA, 02458-1634
The RMR Group Inc is a holding company that conducts its business through its subsidiary, which is an alternative asset management company with a primary focus on commercial real estate and related businesses in the United States. Its business consists of providing management services to publicly owned real estate investment trusts, or REITs, and real estate-related operating companies. The company manages a diverse portfolio of real estate assets across sectors such as office, industrial, healthcare, retail, and hospitality, etc. It also provides management services to real estate securities mutual funds and commercial real estate finance companies. The company derives the majority of its revenues from its provision of management services.
80GF Score

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

$19.83
Price
$16.44
GF Value