Sumitomo Mitsui Trust Group (FRA:MIU) Cyclically Adjusted PS Ratio: 3.78 (As of Aug. 02, 2026) — 122% Above Median

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FRA:MIU Sumitomo Mitsui Trust Group Inc FRA:MIU
66 GF Score
Price €8.93
GF Value €5.22
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Sumitomo Mitsui Trust Group Cyclically Adjusted PS Ratio?

Sumitomo Mitsui Trust Group FRA:MIU +1.57% 66 Cyclically Adjusted PS Ratio is 3.78 as of Aug. 02, 2026, which is 122% above its 10-year median of 1.70. GuruFocus rates FRA:MIU with a GF Score™ of 66/100 and a GF Value™ of €5.22 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,299 Banks companies, Sumitomo Mitsui Trust Group ranks worse than 58.89% on this metric.

As of today (2026-08-02), Sumitomo Mitsui Trust Group's current share price is €8.932. Sumitomo Mitsui Trust Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €2.36. Sumitomo Mitsui Trust Group's Cyclically Adjusted PS Ratio for today is 3.78.

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

FRA:MIU' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.05   Med: 1.7   Max: 3.94
Current: 3.82

During the past years, Sumitomo Mitsui Trust Group's highest Cyclically Adjusted PS Ratio was 3.94. The lowest was 1.05. And the median was 1.70.

FRA:MIU's Cyclically Adjusted PS Ratio is ranked worse than
58.89% of 1299 companies
in the Banks industry
Industry Median: 3.4 vs FRA:MIU: 3.82

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Sumitomo Mitsui Trust Group's adjusted revenue per share data for the three months ended in Mar. 2026 was €0.993. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is €2.36 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sumitomo Mitsui Trust Group  (FRA:MIU) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


Sumitomo Mitsui Trust Group Cyclically Adjusted PS Ratio Related Terms


Sumitomo Mitsui Trust Group Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Sumitomo Mitsui Trust Group's Cyclically Adjusted PS 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.

Sumitomo Mitsui Trust Group Cyclically Adjusted PS Ratio Chart

Sumitomo Mitsui Trust Group Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.47 1.58 2.19 2.28 2.83

Sumitomo Mitsui Trust 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 PS 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 2.32 2.57 2.80 2.83 0.00

Sumitomo Mitsui Trust Group Cyclically Adjusted PS Ratio Competitor Comparison

For the Banks - Regional subindustry, Sumitomo Mitsui Trust Group's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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 Trust Group Cyclically Adjusted PS Ratio vs Banks Industry

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

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


FRA:MIU
66GF Score
Sumitomo Mitsui Trust Group Inc FRA:MIU
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sumitomo Mitsui Trust Group Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS 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 PS Ratio.

Sumitomo Mitsui Trust Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=8.932/2.36
=3.78

* 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 Trust Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Sumitomo Mitsui Trust Group's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.993/112.7000*112.7000
=0.993

Current CPI (Mar. 2026) = 112.7000.

Sumitomo Mitsui Trust Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.621 98.100 0.713
201609 0.686 98.000 0.789
201612 0.697 98.400 0.798
201703 0.757 98.100 0.870
201706 0.624 98.500 0.714
201709 0.568 98.800 0.648
201712 0.573 99.400 0.650
201803 0.775 99.200 0.880
201806 0.600 99.200 0.682
201809 0.687 99.900 0.775
201812 0.595 99.700 0.673
201903 0.681 99.700 0.770
201906 0.621 99.800 0.701
201909 0.768 100.100 0.865
201912 0.713 100.500 0.800
202003 0.845 100.300 0.949
202006 0.633 99.900 0.714
202009 0.702 99.900 0.792
202012 0.620 99.300 0.704
202103 0.940 99.900 1.060
202106 0.717 99.500 0.812
202109 0.754 100.100 0.849
202112 0.644 100.100 0.725
202203 0.848 101.100 0.945
202206 0.671 101.800 0.743
202209 0.659 103.100 0.720
202212 0.611 104.100 0.661
202303 0.764 104.400 0.825
202306 0.621 105.200 0.665
202309 0.723 106.200 0.767
202312 0.558 106.800 0.589
202403 0.744 107.200 0.782
202406 0.626 108.200 0.652
202409 0.687 108.900 0.711
202412 0.839 110.700 0.854
202503 1.105 111.100 1.121
202506 0.663 111.700 0.669
202509 0.735 112.000 0.740
202512 0.715 113.000 0.713
202603 0.993 112.700 0.993

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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 PS Ratio of 3.78 mean?
Sumitomo Mitsui Trust Group (FRA:MIU) has a Cyclically Adjusted PS Ratio of 3.78 as of Aug. 02, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Sumitomo Mitsui Trust Group and its competitors. This is 122% above median its historical median of 1.70. Over the past decade, Sumitomo Mitsui Trust Group's Cyclically Adjusted PS Ratio has ranged from 1.05 to 3.94. According to the industry distribution chart, Sumitomo Mitsui Trust Group ranks #765 out of 1299 companies in the Banks industry, placing it in the top 58.9%.
Is Sumitomo Mitsui Trust Group's Cyclically Adjusted PS Ratio too high?
Sumitomo Mitsui Trust Group's current Cyclically Adjusted PS Ratio of 3.78 is 122% above median its 10-year median of 1.70. Over the past 10 years, this metric has ranged from a low of 1.05 to a high of 3.94. The Banks industry median Cyclically Adjusted PS Ratio is 3.40. Sumitomo Mitsui Trust Group's value of 3.78 is 11.2% above this industry median. Based on the distribution chart, Sumitomo Mitsui Trust Group ranks #765 out of 1299 companies in the Banks industry, which is below the industry midpoint. Overall, Sumitomo Mitsui Trust Group has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sumitomo Mitsui Trust Group's Cyclically Adjusted PS Ratio compare to competitors?
According to the Banks industry distribution chart, Sumitomo Mitsui Trust Group ranks #765 out of 1299 companies for Cyclically Adjusted PS Ratio. This places Sumitomo Mitsui Trust Group in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 3.40. Sumitomo Mitsui Trust Group's value of 3.78 is 11.2% above this benchmark. Historically, Sumitomo Mitsui Trust Group's own Cyclically Adjusted PS Ratio has ranged from 1.05 to 3.94 over the past decade. While the company's 10-year median is 1.70 vs. the industry median of 3.40, Sumitomo Mitsui Trust 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 PS Ratio for a Banks company?
The median Cyclically Adjusted PS Ratio among Banks companies is 3.40, based on 1,299 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Sumitomo Mitsui Trust Group's current Cyclically Adjusted PS Ratio of 3.78 is 11.2% 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 PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Sumitomo Mitsui Trust Group and its competitors. For the Banks industry, the median Cyclically Adjusted PS Ratio is 3.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sumitomo Mitsui Trust Group's current Cyclically Adjusted PS Ratio is 3.78, which is 122% above median its own 10-year median of 1.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sumitomo Mitsui Trust Group stock overvalued right now?
Based on GuruFocus' analysis, Sumitomo Mitsui Trust Group (FRA:MIU) is currently considered Significantly Overvalued. The stock's GF Value™ is €5.22, compared to a current price of €8.93 — trading 71.1% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 3.78, which is 122% above median its 10-year median of 1.70 and 11.2% above the Banks industry median of 3.40. Sumitomo Mitsui Trust Group's overall GF Score™ is 66/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Sumitomo Mitsui Trust Group (FRA:MIU), the current Cyclically Adjusted PS Ratio is 3.78 as of Aug. 02, 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 Sumitomo Mitsui Trust Group (FRA:MIU) Overvalued in 2026?

Based on GuruFocus' analysis, Sumitomo Mitsui Trust Group stock appears to be overvalued. The current stock price of €8.93 is trading 71.1% above its estimated GF Value™ of €5.22. GuruFocus considers Sumitomo Mitsui Trust Group to be Significantly Overvalued.

Key valuation signals for FRA:MIU:

  • Cyclically Adjusted PS Ratio: 3.78 (122% above median its 10-year median of 1.70)
  • GF Value™: €5.22 vs. price of €8.93 (71.1% above fair value)
  • GF Score™: 66/100 with 7 warning signs
  • Industry Position: 11.2% above the Banks median (#765 of 1299)

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


Sumitomo Mitsui Trust Group Business Description

Address 1-4-1 Marunouchi, Chiyoda-ku, Tokyo, JPN, 100-8233
Sumitomo Mitsui Trust Group is the fifth-largest Japanese bank by assets and revenue. It is the only remaining stand-alone trust bank after the late 1990s deregulation removed legal barriers between commercial banking and trust functions in Japan; its former rivals in trust banking merged and became units of Mitsubishi UFJ FG and Mizuho. It has no capital ties with Sumitomo Mitsui FG, despite the similar name and common ties to Sumitomo and Mitsui group companies. In fiduciary services, SMTG is the market leader in Japan in total assets under custody. It is the largest manager of corporate pension funds and trails only Nomura in investment trusts.
66GF Score

Get the complete analysis for FRA:MIU

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

€8.93
Price
€5.22
GF Value