Five Point Holdings LLC (FRA:FP9) Cyclically Adjusted Book per Share: €9.30 (As of Jun. 2026)

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FRA:FP9 Five Point Holdings LLC FRA:FP9
57 GF Score
Price €4.32
GF Value €2.60
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Five Point Holdings LLC Cyclically Adjusted Book per Share?

Five Point Holdings LLC FRA:FP9 57 Cyclically Adjusted Book per Share is €9.30 as of Jun. 2026. GuruFocus rates FRA:FP9 with a GF Score™ of 57/100 and a GF Value™ of €2.60 (Significantly Overvalued). The stock has 2 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.

Five Point Holdings LLC's adjusted book value per share for the three months ended in Jun. 2026 was €10.263. 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 €9.30 for the trailing ten years ended in Jun. 2026.

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.

As of today (2026-08-22), Five Point Holdings LLC's current stock price is €4.32. Five Point Holdings LLC's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €9.30. Five Point Holdings LLC's Cyclically Adjusted PB Ratio of today is 0.46.

During the past 11 years, the highest Cyclically Adjusted PB Ratio of Five Point Holdings LLC was 0.61. The lowest was 0.44. And the median was 0.50.


Five Point Holdings LLC  (FRA:FP9) 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.

Five Point Holdings LLC's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=4.32/9.30
=0.46

* 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 11 years, the highest Cyclically Adjusted PB Ratio of Five Point Holdings LLC was 0.61. The lowest was 0.44. And the median was 0.50.


Be Aware

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


Five Point Holdings LLC Cyclically Adjusted Book per Share Related Terms


Five Point Holdings LLC Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Five Point Holdings LLC'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.

Five Point Holdings LLC Cyclically Adjusted Book per Share Chart

Five Point Holdings LLC 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 8.69

Five Point Holdings LLC Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 8.60 8.69 9.10 9.30

FRA:FP9 vs SKYH, OZ, AXR: Cyclically Adjusted Book per Share Comparison

For the Real Estate - Development subindustry, Five Point Holdings LLC'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.


Five Point Holdings LLC Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Five Point Holdings LLC's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Five Point Holdings LLC's Cyclically Adjusted PB Ratio falls into.


FRA:FP9
57GF Score
Five Point Holdings LLC FRA:FP9
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Five Point Holdings LLC 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, Five Point Holdings LLC'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)
=10.263/333.9520*333.9520
=10.263

Current CPI (Jun. 2026) = 333.9520.

Five Point Holdings LLC Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.000 241.428 0.000
201612 3.940 241.432 5.450
201703 3.795 243.801 5.198
201706 6.920 244.955 9.434
201709 6.529 246.819 8.834
201712 7.935 246.524 10.749
201803 7.527 249.554 10.073
201806 7.780 251.989 10.311
201809 7.697 252.439 10.182
201812 7.720 251.233 10.262
201903 7.934 254.202 10.423
201906 7.824 256.143 10.201
201909 7.932 256.759 10.317
201912 8.000 256.974 10.396
202003 7.663 258.115 9.914
202006 7.641 257.797 9.898
202009 7.549 260.280 9.686
202012 7.350 260.474 9.423
202103 7.406 264.877 9.337
202106 7.304 271.696 8.978
202109 7.362 274.310 8.963
202112 8.006 278.802 9.590
202203 8.087 287.504 9.394
202206 8.364 296.311 9.426
202209 8.875 296.808 9.986
202212 8.445 296.797 9.502
202303 8.292 301.836 9.174
202306 8.522 305.109 9.328
202309 8.753 307.789 9.497
202312 8.982 306.746 9.779
202403 9.030 312.332 9.655
202406 9.329 314.175 9.916
202409 9.122 315.301 9.662
202412 10.314 315.605 10.914
202503 10.250 319.799 10.704
202506 9.669 322.561 10.010
202509 9.790 324.800 10.066
202512 10.125 324.054 10.434
202603 10.068 330.213 10.182
202606 10.263 333.952 10.263

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 €9.30 mean?
Five Point Holdings LLC (FRA:FP9) has a Cyclically Adjusted Book per Share of €9.30 as of Jun. 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 Five Point Holdings LLC and its competitors.
Is Five Point Holdings LLC's Cyclically Adjusted Book per Share too high?
Five Point Holdings LLC's current Cyclically Adjusted Book per Share is €9.30. Overall, Five Point Holdings LLC has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Five Point Holdings LLC's Cyclically Adjusted Book per Share compare to SKYH and OZ?
Five Point Holdings LLC's Cyclically Adjusted Book per Share of €9.30 can be compared against companies in the Real Estate 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 Real Estate company?
A good Cyclically Adjusted Book per Share depends on the Real Estate 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 Five Point Holdings LLC and its competitors. Five Point Holdings LLC's current Cyclically Adjusted Book per Share is €9.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Five Point Holdings LLC stock overvalued right now?
Based on GuruFocus' analysis, Five Point Holdings LLC (FRA:FP9) is currently considered Significantly Overvalued. The stock's GF Value™ is €2.60, compared to a current price of €4.32 — trading 66.2% above its estimated fair value. The current Cyclically Adjusted Book per Share is €9.30. Five Point Holdings LLC's overall GF Score™ is 57/100 with 2 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 Five Point Holdings LLC (FRA:FP9), the current Cyclically Adjusted Book per Share is €9.30 as of Jun. 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 Five Point Holdings LLC (FRA:FP9) Overvalued in 2026?

Based on GuruFocus' analysis, Five Point Holdings LLC stock appears to be overvalued. The current stock price of €4.32 is trading 66.2% above its estimated GF Value™ of €2.60. GuruFocus considers Five Point Holdings LLC to be Significantly Overvalued.

Key valuation signals for FRA:FP9:

  • Cyclically Adjusted Book per Share: €9.30
  • GF Value™: €2.60 vs. price of €4.32 (66.2% above fair value)
  • GF Score™: 57/100 with 2 warning signs

No single metric tells the full story. See the FRA:FP9 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Five Point Holdings LLC Business Description

Other Exchanges FPH:USA
Address 2000 FivePoint, 4th Floor, Irvine, CA, USA, 92618
Five Point Holdings LLC is an owner and developer of mixed-use, master-planned communities in California. It is engaged in developing new communities that, in addition to homesites, include commercial, retail, educational, and recreational elements, as well as civic areas, parks, and open spaces. Its four reportable segments are Valencia, San Francisco, Great Park, and Hearthstone. It derives the majority of revenue from the Great Park segment, which includes Great Park Neighborhoods being developed adjacent to and around the Orange County Great Park, a metropolitan park under construction in Orange County, California.
57GF Score

Get the complete analysis for FRA:FP9

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

€4.32
Price
€2.60
GF Value