FN (Fabrinet) Cyclically Adjusted Book per Share: $38.07 (As of Mar. 2026)


FN Fabrinet FN
91 GF Score
Price $567.81
GF Value $364.61
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Fabrinet Cyclically Adjusted Book per Share?

Fabrinet FN -2.70% 91 Cyclically Adjusted Book per Share is $38.07 as of Mar. 2026. GuruFocus rates FN with a GF Score™ of 91/100 and a GF Value™ of $364.61 (Significantly Overvalued). The stock has 3 warning signs investors should review.

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.

Fabrinet's adjusted book value per share for the three months ended in Mar. 2026 was $64.325. 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 $38.07 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Fabrinet's average Cyclically Adjusted Book Growth Rate was 15.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 14.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 17.00% 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 Fabrinet was 18.40% per year. The lowest was 13.80% per year. And the median was 16.10% per year.

As of today (2026-06-24), Fabrinet's current stock price is $567.8125. Fabrinet's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $38.07. Fabrinet's Cyclically Adjusted PB Ratio of today is 14.91.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Fabrinet was 18.97. The lowest was 2.21. And the median was 4.78.


Fabrinet  (NYSE:FN) 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.

Fabrinet's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=567.8125/38.07
=14.91

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Fabrinet was 18.97. The lowest was 2.21. And the median was 4.78.


Be Aware

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


Fabrinet Cyclically Adjusted Book per Share Related Terms


Fabrinet Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Fabrinet'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.

Fabrinet Cyclically Adjusted Book per Share Chart

Fabrinet Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.41 22.46 25.89 29.75 34.11

Fabrinet 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 32.90 34.11 35.33 36.29 38.07

FN vs TTMI, VICR, SANM: Cyclically Adjusted Book per Share Comparison

For the Electronic Components subindustry, Fabrinet'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.


Fabrinet Cyclically Adjusted PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Fabrinet's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FN
91GF Score
Fabrinet FN
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fabrinet 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, Fabrinet'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)
=64.325/330.2130*330.2130
=64.325

Current CPI (Mar. 2026) = 330.2130.

Fabrinet Quarterly Data

Book Value per Share CPI Adj_Book
201606 15.334 241.018 21.009
201609 15.941 241.428 21.803
201612 16.785 241.432 22.957
201703 17.390 243.801 23.554
201706 18.253 244.955 24.606
201709 18.830 246.819 25.192
201712 19.360 246.524 25.932
201803 20.188 249.554 26.713
201806 20.336 251.989 26.649
201809 20.803 252.439 27.212
201812 21.752 251.233 28.590
201903 22.508 254.202 29.238
201906 23.427 256.143 30.201
201909 24.073 256.759 30.960
201912 25.076 256.974 32.223
202003 25.422 258.115 32.523
202006 26.530 257.797 33.982
202009 27.092 260.280 34.371
202012 28.131 260.474 35.663
202103 29.108 264.877 36.288
202106 30.260 271.696 36.777
202109 30.959 274.310 37.268
202112 32.422 278.802 38.401
202203 33.407 287.504 38.370
202206 34.407 296.311 38.344
202209 35.596 296.808 39.602
202212 37.827 296.797 42.086
202303 39.410 301.836 43.115
202306 40.589 305.109 43.929
202309 42.119 307.789 45.188
202312 44.394 306.746 47.790
202403 45.915 312.332 48.544
202406 48.298 314.175 50.764
202409 50.364 315.301 52.746
202412 51.221 315.605 53.592
202503 53.229 319.799 54.962
202506 55.469 322.561 56.785
202509 57.533 324.800 58.492
202512 60.990 324.054 62.149
202603 64.325 330.213 64.325

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 $38.07 mean?
Fabrinet (FN) has a Cyclically Adjusted Book per Share of $38.07 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 Fabrinet and its competitors.
Is Fabrinet's Cyclically Adjusted Book per Share too high?
Fabrinet's current Cyclically Adjusted Book per Share is $38.07. Overall, Fabrinet has a GF Score™ of 91/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fabrinet's Cyclically Adjusted Book per Share compare to TTMI and VICR?
Fabrinet's Cyclically Adjusted Book per Share of $38.07 can be compared against companies in the Hardware 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 Hardware company?
A good Cyclically Adjusted Book per Share depends on the Hardware 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 Fabrinet and its competitors. Fabrinet's current Cyclically Adjusted Book per Share is $38.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fabrinet stock overvalued right now?
Based on GuruFocus' analysis, Fabrinet (FN) is currently considered Significantly Overvalued. The stock's GF Value™ is $364.61, compared to a current price of $567.81 — trading 55.7% above its estimated fair value. The current Cyclically Adjusted Book per Share is $38.07. Fabrinet's overall GF Score™ is 91/100 with 3 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 Fabrinet (FN), the current Cyclically Adjusted Book per Share is $38.07 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 Fabrinet (FN) Overvalued in 2026?

Based on GuruFocus' analysis, Fabrinet stock appears to be overvalued. The current stock price of $567.81 is trading 55.7% above its estimated GF Value™ of $364.61. GuruFocus considers Fabrinet to be Significantly Overvalued.

Key valuation signals for FN:

  • Cyclically Adjusted Book per Share: $38.07
  • GF Value™: $364.61 vs. price of $567.81 (55.7% above fair value)
  • GF Score™: 91/100 with 3 warning signs

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


Fabrinet Business Description

Address C/o Intertrust Corporate Services (Cayman) Limited, One Nexus Way, Camana Bay, Grand Cayman, CYM, KY1-9005
Fabrinet provides advance-level optical packaging and precision optical, electro-mechanical, and electronic manufacturing services to original equipment manufacturers of complex products, such as optical communication components, modules and sub-systems, industrial lasers, automotive components, medical devices, and sensors. The company offers a broad range of advance optical and electro-mechanical capabilities across the entire manufacturing process, including process design and engineering, supply chain management, manufacturing, complex printed circuit board assembly, advance-level of packaging, integration, final assembly, and testing. The company generates the majority of its revenue from North America and Asia-Pacific, with the rest from Europe.
91GF Score

Get the complete analysis for FN

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

$567.81
Price
$364.61
GF Value