Burford Capital (LSE:BUR) Cyclically Adjusted Book per Share: £4.79 (As of Mar. 2026)


LSE:BUR Burford Capital Ltd LSE:BUR
65 GF Score
Price £3.12
GF Value £4.16
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Burford Capital Cyclically Adjusted Book per Share?

Burford Capital LSE:BUR +1.23% 65 Cyclically Adjusted Book per Share is £4.79 as of Mar. 2026. GuruFocus rates LSE:BUR with a GF Score™ of 65/100 and a GF Value™ of £4.16 (Modestly Undervalued). The stock has 1 warning sign 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.

Burford Capital's adjusted book value per share for the three months ended in Mar. 2026 was £2.834. 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 £4.79 for the trailing ten years ended in Mar. 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 (2026-07-02), Burford Capital's current stock price is £3.122. Burford Capital's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was £4.79. Burford Capital's Cyclically Adjusted PB Ratio of today is 0.65.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Burford Capital was 1.44. The lowest was 0.60. And the median was 0.74.


Burford Capital  (LSE:BUR) 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.

Burford Capital's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3.122/4.79
=0.65

* 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 Burford Capital was 1.44. The lowest was 0.60. And the median was 0.74.


Be Aware

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


Burford Capital Cyclically Adjusted Book per Share Related Terms


Burford Capital Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Burford Capital'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.

Burford Capital Cyclically Adjusted Book per Share Chart

Burford Capital 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 5.06

Burford Capital Quarterly Data
Dec20 Jun21 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 5.06 4.79

LSE:BUR vs KBDC, TYG, PDX: Cyclically Adjusted Book per Share Comparison

For the Asset Management subindustry, Burford Capital'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.


Burford Capital Cyclically Adjusted PB Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Burford Capital's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


LSE:BUR
65GF Score
Burford Capital Ltd LSE:BUR
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Burford Capital 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, Burford Capital'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)
=2.834/330.2130*330.2130
=2.834

Current CPI (Mar. 2026) = 330.2130.

Burford Capital Quarterly Data

Book Value per Share CPI Adj_Book
201012 1.053 219.179 1.586
201106 1.022 225.722 1.495
201112 1.103 225.672 1.614
201206 1.099 229.478 1.581
201212 1.005 229.601 1.445
201306 1.016 233.504 1.437
201312 1.048 233.049 1.485
201406 1.021 238.343 1.415
201412 1.195 234.812 1.681
201506 1.236 238.638 1.710
201512 1.418 236.525 1.980
201606 1.695 241.018 2.322
201612 2.293 241.432 3.136
201706 2.644 244.955 3.564
201712 2.861 246.524 3.832
201806 3.444 251.989 4.513
201812 4.925 251.233 6.473
201906 5.655 256.143 7.290
201912 5.240 256.974 6.733
202006 6.277 257.797 8.040
202012 5.987 260.474 7.590
202106 5.204 271.696 6.325
202112 5.822 278.802 6.896
202203 0.000 287.504 0.000
202206 5.747 296.311 6.405
202209 0.000 296.808 0.000
202212 6.545 296.797 7.282
202303 7.498 301.836 8.203
202306 7.025 305.109 7.603
202309 8.158 307.789 8.752
202312 8.265 306.746 8.897
202403 8.140 312.332 8.606
202406 8.251 314.175 8.672
202409 8.380 315.301 8.776
202412 8.722 315.605 9.126
202503 0.000 319.799 0.000
202506 8.431 322.561 8.631
202509 8.444 324.800 8.585
202512 8.354 324.054 8.513
202603 2.834 330.213 2.834

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 £4.79 mean?
Burford Capital (LSE:BUR) has a Cyclically Adjusted Book per Share of £4.79 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 Burford Capital and its competitors.
Is Burford Capital's Cyclically Adjusted Book per Share too high?
Burford Capital's current Cyclically Adjusted Book per Share is £4.79. Overall, Burford Capital has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Burford Capital's Cyclically Adjusted Book per Share compare to KBDC and TYG?
Burford Capital's Cyclically Adjusted Book per Share of £4.79 can be compared against companies in the Asset Management 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 an Asset Management company?
A good Cyclically Adjusted Book per Share depends on the Asset Management 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 Burford Capital and its competitors. Burford Capital's current Cyclically Adjusted Book per Share is £4.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Burford Capital stock overvalued right now?
Based on GuruFocus' analysis, Burford Capital (LSE:BUR) is currently considered Modestly Undervalued. The stock's GF Value™ is £4.16, compared to a current price of £3.12 — trading 25% below its estimated fair value. The current Cyclically Adjusted Book per Share is £4.79. Burford Capital's overall GF Score™ is 65/100 with 1 warning sign 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 Burford Capital (LSE:BUR), the current Cyclically Adjusted Book per Share is £4.79 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 Burford Capital (LSE:BUR) Overvalued in 2026?

Based on GuruFocus' analysis, Burford Capital stock appears to be undervalued. The current stock price of £3.12 is trading 25% below its estimated GF Value™ of £4.16. GuruFocus considers Burford Capital to be Modestly Undervalued.

Key valuation signals for LSE:BUR:

  • Cyclically Adjusted Book per Share: £4.79
  • GF Value™: £4.16 vs. price of £3.12 (25% below fair value)
  • GF Score™: 65/100 with 1 warning sign

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


Burford Capital Business Description

Other Exchanges BUR:USABURl:UK9BF:Germany
Address Hirzel Street, Oak House, St Peter Port, GGY, GY1 2NP
Burford Capital Ltd provides capital against the underlying value of litigation and legal assets, known as legal finance, serving the legal industry with financial products and services. Its business is funding clients engaged in ongoing legal disputes to pay legal fees and monetize the expected future value of disputes, focusing on large, complex matters. The company has two reportable segments: Principal Finance, which earns maximum revenue and allocates capital to legal finance assets from its balance sheet and through interests in private funds managed by the company, and Asset Management and Other Services, which manages legal finance assets for third-party investors and provides other services to the legal industry.
65GF Score

Get the complete analysis for LSE:BUR

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

£3.12
Price
£4.16
GF Value