Franklin BSP Realty Trust (STU:6VH) Cyclically Adjusted PB Ratio: 0.43 (As of Aug. 22, 2026) — Near Median

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STU:6VH Franklin BSP Realty Trust Inc STU:6VH
65 GF Score
Price €7.10
GF Value €7.89
Valuation Modestly Undervalued
! 10 Warning Signs
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What is Franklin BSP Realty Trust Cyclically Adjusted PB Ratio?

Franklin BSP Realty Trust STU:6VH +3.65% 65 Cyclically Adjusted PB Ratio is 0.43 as of Aug. 22, 2026, which is at its 10-year median of 0.43. GuruFocus rates STU:6VH with a GF Score™ of 65/100 and a GF Value™ of €7.89 (Modestly Undervalued). The stock has 10 warning signs investors should review. Among 549 REITs companies, Franklin BSP Realty Trust ranks better than 78.51% on this metric.

As of today (2026-08-22), Franklin BSP Realty Trust's current share price is €7.10. Franklin BSP Realty Trust's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €16.53. Franklin BSP Realty Trust's Cyclically Adjusted PB Ratio for today is 0.43.

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

STU:6VH' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.4   Med: 0.43   Max: 0.44
Current: 0.44

During the past years, Franklin BSP Realty Trust's highest Cyclically Adjusted PB Ratio was 0.44. The lowest was 0.40. And the median was 0.43.

STU:6VH's Cyclically Adjusted PB Ratio is ranked better than
78.51% of 549 companies
in the REITs industry
Industry Median: 0.8 vs STU:6VH: 0.44

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.

Franklin BSP Realty Trust's adjusted book value per share data for the three months ended in Jun. 2026 was €12.817. 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 €16.53 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Franklin BSP Realty Trust  (STU:6VH) 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.


Franklin BSP Realty Trust Cyclically Adjusted PB Ratio Related Terms


Franklin BSP Realty Trust Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Franklin BSP Realty 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.

Franklin BSP Realty Trust Cyclically Adjusted PB Ratio Chart

Franklin BSP Realty 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 0.00 0.00 0.00 0.00 0.00

Franklin BSP Realty Trust 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 0.00 0.00 0.00 0.00 0.43

STU:6VH vs RWT, TRTX, BRSP: Cyclically Adjusted PB Ratio Comparison

For the REIT - Mortgage subindustry, Franklin BSP Realty 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.


Franklin BSP Realty Trust Cyclically Adjusted PB Ratio vs REITs Industry

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

* The bar in red indicates where Franklin BSP Realty Trust's Cyclically Adjusted PB Ratio falls into.


STU:6VH
65GF Score
Franklin BSP Realty Trust Inc STU:6VH
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Franklin BSP Realty 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.

Franklin BSP Realty Trust's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=7.10/16.53
=0.43

* 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.

Franklin BSP Realty Trust's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Franklin BSP Realty Trust'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)
=12.817/333.9520*333.9520
=12.817

Current CPI (Jun. 2026) = 333.9520.

Franklin BSP Realty Trust Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.000 241.428 0.000
201612 13.501 241.432 18.675
201703 0.000 243.801 0.000
201706 0.000 244.955 0.000
201709 11.379 246.819 15.396
201712 11.591 246.524 15.702
201803 10.939 249.554 14.639
201806 11.892 251.989 15.760
201809 13.528 252.439 17.896
201812 14.485 251.233 19.254
201903 14.939 254.202 19.626
201906 15.344 256.143 20.005
201909 16.296 256.759 21.195
201912 16.522 256.974 21.471
202003 14.670 258.115 18.980
202006 15.040 257.797 19.483
202009 14.834 260.280 19.033
202012 14.745 260.474 18.904
202103 15.501 264.877 19.543
202106 15.580 271.696 19.150
202109 16.304 274.310 19.849
202112 14.824 278.802 17.756
202203 13.841 287.504 16.077
202206 14.898 296.311 16.791
202209 15.936 296.808 17.930
202212 14.835 296.797 16.692
202303 14.687 301.836 16.250
202306 14.577 305.109 15.955
202309 14.910 307.789 16.177
202312 14.410 306.746 15.688
202403 14.362 312.332 15.356
202406 14.098 314.175 14.985
202409 13.642 315.301 14.449
202412 14.415 315.605 15.253
202503 13.851 319.799 14.464
202506 12.859 322.561 13.313
202509 12.467 324.800 12.818
202512 12.386 324.054 12.764
202603 12.689 330.213 12.833
202606 12.817 333.952 12.817

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 0.43 mean?
Franklin BSP Realty Trust (STU:6VH) has a Cyclically Adjusted PB Ratio of 0.43 as of Aug. 22, 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 Franklin BSP Realty Trust and its competitors. This is near median its historical median of 0.43. Over the past decade, Franklin BSP Realty Trust's Cyclically Adjusted PB Ratio has ranged from 0.40 to 0.44. According to the industry distribution chart, Franklin BSP Realty Trust ranks #118 out of 549 companies in the REITs industry, placing it in the top 21.5%.
Is Franklin BSP Realty Trust's Cyclically Adjusted PB Ratio too high?
Franklin BSP Realty Trust's current Cyclically Adjusted PB Ratio of 0.43 is near median its 10-year median of 0.43. Over the past 10 years, this metric has ranged from a low of 0.40 to a high of 0.44. The REITs industry median Cyclically Adjusted PB Ratio is 0.80. Franklin BSP Realty Trust's value of 0.43 is 46.3% below this industry median. Based on the distribution chart, Franklin BSP Realty Trust ranks #118 out of 549 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Franklin BSP Realty Trust has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Franklin BSP Realty Trust's Cyclically Adjusted PB Ratio compare to RWT and TRTX?
According to the REITs industry distribution chart, Franklin BSP Realty Trust ranks #118 out of 549 companies for Cyclically Adjusted PB Ratio. This places Franklin BSP Realty Trust in the top 22% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 0.80. Franklin BSP Realty Trust's value of 0.43 is 46.3% below this benchmark. Historically, Franklin BSP Realty Trust's own Cyclically Adjusted PB Ratio has ranged from 0.40 to 0.44 over the past decade. While the company's 10-year median is 0.43 vs. the industry median of 0.80, Franklin BSP Realty 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 0.80, based on 549 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. Franklin BSP Realty Trust's current Cyclically Adjusted PB Ratio of 0.43 is 46.3% 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 Franklin BSP Realty Trust and its competitors. For the REITs industry, the median Cyclically Adjusted PB Ratio is 0.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Franklin BSP Realty Trust's current Cyclically Adjusted PB Ratio is 0.43, which is near median its own 10-year median of 0.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Franklin BSP Realty Trust stock overvalued right now?
Based on GuruFocus' analysis, Franklin BSP Realty Trust (STU:6VH) is currently considered Modestly Undervalued. The stock's GF Value™ is €7.89, compared to a current price of €7.10 — trading 10% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.43, which is near median its 10-year median of 0.43 and 46.3% below the REITs industry median of 0.80. Franklin BSP Realty Trust's overall GF Score™ is 65/100 with 10 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 Franklin BSP Realty Trust (STU:6VH), the current Cyclically Adjusted PB Ratio is 0.43 as of Aug. 22, 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 Franklin BSP Realty Trust (STU:6VH) Overvalued in 2026?

Based on GuruFocus' analysis, Franklin BSP Realty Trust stock appears to be undervalued. The current stock price of €7.10 is trading 10% below its estimated GF Value™ of €7.89. GuruFocus considers Franklin BSP Realty Trust to be Modestly Undervalued.

Key valuation signals for STU:6VH:

  • Cyclically Adjusted PB Ratio: 0.43 (near median its 10-year median of 0.43)
  • GF Value™: €7.89 vs. price of €7.10 (10% below fair value)
  • GF Score™: 65/100 with 10 warning signs
  • Industry Position: 46.3% below the REITs median (#118 of 549)

No single metric tells the full story. See the STU:6VH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Franklin BSP Realty Trust Business Description

Industry Real EstateREITs
Other Exchanges FBRT:USA
Address 1 Madison Avenue, New York, NY, USA, 10010
Franklin BSP Realty Trust Inc is a private real estate investment trust that originates, acquires, and manages a diversified portfolio of commercial real estate debt, and first mortgage loans. secured by properties located in the United States. The Company's operations are organized into two business units: (i) Commercial Real Estate Financing, and (ii) Agency Business. Its four reporting segments are as follows: The real estate debt business, The Agency Business, The commercial real estate conduit business, and The real estate owned business.
65GF Score

Get the complete analysis for STU:6VH

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

€7.10
Price
€7.89
GF Value