Icon (BSP:ICLR34) Cyclically Adjusted Book per Share: R$0.00 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BSP:ICLR34 Icon PLC BSP:ICLR34
68 GF Score
Price R$42.48
GF Value R$58.21
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Icon Cyclically Adjusted Book per Share?

Icon BSP:ICLR34 +17.84% 68 Cyclically Adjusted Book per Share is R$0.00 as of Mar. 2026. GuruFocus rates BSP:ICLR34 with a GF Score™ of 68/100 and a GF Value™ of R$58.21 (Modestly Undervalued). The stock has 4 warning signs investors should review.

Note: As Cyclically Adjusted Book per Share is a main component used to calculate Cyclically Adjusted PB Ratio. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation section below is only for demostration purpose.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Icon's adjusted book value per share for the three months ended in Mar. 2026 was R$634.929. 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 R$0.00 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Icon's average Cyclically Adjusted Book Growth Rate was 20.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 24.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 30.20% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 20.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Icon was 36.00% per year. The lowest was -1.30% per year. And the median was 4.20% per year.

As of today (2026-07-21), Icon's current stock price is R$42.48. Icon's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was R$0.00. Icon's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Icon was 13.72. The lowest was 1.33. And the median was 7.39.


Icon  (BSP:ICLR34) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Icon was 13.72. The lowest was 1.33. And the median was 7.39.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Icon Cyclically Adjusted Book per Share Related Terms


Icon Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Icon's Cyclically Adjusted Book per Share 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.

Icon Cyclically Adjusted Book per Share Chart

Icon Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Icon Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Book per Share 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 0.00

BSP:ICLR34 vs RVTY, MEDP, CRL: Cyclically Adjusted Book per Share Comparison

For the Diagnostics & Research subindustry, Icon'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.


Icon Cyclically Adjusted PB Ratio vs Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Icon's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BSP:ICLR34
68GF Score
Icon PLC BSP:ICLR34
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Icon Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Icon'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)
=634.929/127.8300*127.8300
=634.929

Current CPI (Mar. 2026) = 127.8300.

Icon Quarterly Data

Book Value per Share CPI Adj_Book
201606 56.170 101.072 71.041
201609 57.798 100.274 73.681
201612 58.134 99.676 74.554
201703 54.931 100.374 69.957
201706 62.784 100.673 79.720
201709 65.225 100.474 82.984
201712 72.563 100.075 92.688
201803 73.450 100.573 93.356
201806 85.984 101.072 108.748
201809 100.724 101.371 127.015
201812 97.443 100.773 123.607
201903 101.197 101.670 127.236
201906 106.656 102.168 133.445
201909 115.372 102.268 144.210
201912 123.854 102.068 155.114
202003 140.871 102.367 175.911
202006 155.614 101.769 195.463
202009 175.083 101.072 221.436
202012 180.323 101.072 228.063
202103 206.199 102.367 257.489
202106 192.558 103.364 238.136
202109 516.796 104.859 630.007
202112 559.342 106.653 670.402
202203 493.968 109.245 578.003
202206 504.356 112.779 571.664
202209 529.127 113.504 595.913
202212 545.436 115.436 603.999
202303 550.172 117.609 597.985
202306 519.717 119.662 555.193
202309 537.442 120.749 568.961
202312 547.115 120.749 579.201
202403 568.099 120.990 600.215
202406 623.380 122.318 651.469
202409 655.643 121.594 689.268
202412 713.272 122.439 744.677
202503 688.449 123.405 713.135
202506 681.358 124.492 699.628
202509 655.615 124.810 671.479
202512 658.879 125.770 669.671
202603 634.929 127.830 634.929

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

What does a Cyclically Adjusted Book per Share of R$0.00 mean?
Icon (BSP:ICLR34) has a Cyclically Adjusted Book per Share of R$0.00 as of Mar. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Icon and its competitors.
Is Icon's Cyclically Adjusted Book per Share too high?
Icon's current Cyclically Adjusted Book per Share is R$0.00. Overall, Icon has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Icon's Cyclically Adjusted Book per Share compare to RVTY and MEDP?
Icon's Cyclically Adjusted Book per Share of R$0.00 can be compared against companies in the Medical Diagnostics & Research industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Medical Diagnostics & Research company?
A good Cyclically Adjusted Book per Share depends on the Medical Diagnostics & Research industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Icon and its competitors. Icon's current Cyclically Adjusted Book per Share is R$0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Icon stock overvalued right now?
Based on GuruFocus' analysis, Icon (BSP:ICLR34) is currently considered Modestly Undervalued. The stock's GF Value™ is R$58.21, compared to a current price of R$42.48 — trading 27% below its estimated fair value. The current Cyclically Adjusted Book per Share is R$0.00. Icon's overall GF Score™ is 68/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Icon (BSP:ICLR34), the current Cyclically Adjusted Book per Share is R$0.00 as of Mar. 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 Icon (BSP:ICLR34) Overvalued in 2026?

Based on GuruFocus' analysis, Icon stock appears to be undervalued. The current stock price of R$42.48 is trading 27% below its estimated GF Value™ of R$58.21. GuruFocus considers Icon to be Modestly Undervalued.

Key valuation signals for BSP:ICLR34:

  • Cyclically Adjusted Book per Share: R$0.00
  • GF Value™: R$58.21 vs. price of R$42.48 (27% below fair value)
  • GF Score™: 68/100 with 4 warning signs

No single metric tells the full story. See the BSP:ICLR34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Icon Business Description

Other Exchanges ICLR:USAIJF:Germany
Address South County Business Park, Leopardstown, Dublin, IRL, D18 X5R3
Icon is a global contract research organization that provides outsourced clinical development services to pharmaceutical and biotechnology firms. Icon supports clients across late-stage clinical trials through the regulatory approval process and postmarket studies. Icon's services include clinical trial management, patient recruitment, data analytics, laboratory services, and regulatory consulting. With more than 40,000 employees operating in over 50 countries, the company partners with life sciences firms to run clinical trials and bring new drugs to market.
68GF Score

Get the complete analysis for BSP:ICLR34

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

R$42.48
Price
R$58.21
GF Value