The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2026-06-26), Sun Communities's share price is MXN2200.00. Sun Communities's Book Value per Share for the quarter that ended in Mar. 2026 was MXN988.07. Hence, Sun Communities's PB Ratio of today is 2.23.
Good Sign:
Sun Communities Inc stock PB Ratio (=2.16) is close to 2-year low of 2.03.
The historical rank and industry rank for Sun Communities's PB Ratio or its related term are showing as below:
MEX:SUI'
s PB Ratio Range Over the Past 10 Years
Min: 1.69 Med: 2.65 Max: 4.27
Current: 2.16
During the past 13 years, Sun Communities's highest PB Ratio was 4.27. The lowest was 1.69. And the median was 2.65.
MEX:SUI's PB Ratio is ranked worse than 91.93% of 929
companies
in the REITs industry
Industry Median: 0.87
vs MEX:SUI: 2.16
During the past 12 months, Sun Communities's average Book Value Per Share Growth Rate was 1.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -3.70% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 0.80% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 9.00% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Sun Communities was 56.80% per year. The lowest was -53.70% per year. And the median was 1.10% per year.
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
Sun Communities PB Ratio Related Terms
Sun Communities PB Ratio Historical Data
* Premium members only.
The historical data trend for Sun Communities's 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.
For the REIT - Residential subindustry, Sun Communities's PB Ratio, along with its competitors' market caps and 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 PB Ratio vs REITs Industry
For the REITs industry and Real Estate sector, Sun Communities's PB Ratio distribution charts can be found below:
* The bar in red indicates where Sun Communities's PB Ratio falls into.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
Sun Communities's PB Ratio for today is calculated as follows:
* 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.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
Sun Communities (MEX:SUI) has a PB Ratio of 2.23 as of Jun. 26, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Sun Communities and its competitors. This is 16% below median its historical median of 2.65. Over the past decade, Sun Communities' PB Ratio has ranged from 1.69 to 4.27. According to the industry distribution chart, Sun Communities ranks #854 out of 929 companies in the REITs industry, placing it in the top 91.9%.
Is Sun Communities' PB Ratio too high?
Sun Communities' current PB Ratio of 2.23 is 16% below median its 10-year median of 2.65. Over the past 10 years, this metric has ranged from a low of 1.69 to a high of 4.27. The REITs industry median PB Ratio is 0.87. Sun Communities' value of 2.23 is 156.3% above this industry median. Based on the distribution chart, Sun Communities ranks #854 out of 929 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' PB Ratio compare to MAA and INVH?
According to the REITs industry distribution chart, Sun Communities ranks #854 out of 929 companies for PB Ratio. This places Sun Communities in the lower half of its industry. The industry median PB Ratio is 0.87. Sun Communities' value of 2.23 is 156.3% above this benchmark. Historically, Sun Communities' own PB Ratio has ranged from 1.69 to 4.27 over the past decade. While the company's 10-year median is 2.65 vs. the industry median of 0.87, 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 PB Ratio for a REITs company?
The median PB Ratio among REITs companies is 0.87, based on 929 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Sun Communities's current PB Ratio of 2.23 is 156.3% 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 PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Sun Communities and its competitors. For the REITs industry, the median PB Ratio is 0.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sun Communities's current PB Ratio is 2.23, which is 16% below median its own 10-year median of 2.65. 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 PB Ratio of 2.23. The stock's GF Value™ is MXN2,438.40, compared to a current price of MXN2,200.00 — trading 9.8% below its estimated fair value. The current PB Ratio is 2.23, which is 16% below median its 10-year median of 2.65 and 156.3% above the REITs industry median of 0.87. 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 PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Sun Communities (MEX:SUI), the current PB Ratio is 2.23 as of Jun. 26, 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 9.8% below its estimated GF Value™ of MXN2,438.40.
Key valuation signals for MEX:SUI:
PB Ratio: 2.23 (16% below median its 10-year median of 2.65)
GF Value™: MXN2,438.40 vs. price of MXN2,200.00 (9.8% below fair value)
Industry Position: 156.3% above the REITs median (#854 of 929)
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 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
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