SC Fondul Proprietatea (LSE:FP.) Cyclically Adjusted Book per Share: $11.38 (As of Jun. 2026)

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LSE:FP. SC Fondul Proprietatea SA LSE:FP.
41 GF Score
Price $4.20
! 2 Warning Signs
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What is SC Fondul Proprietatea Cyclically Adjusted Book per Share?

SC Fondul Proprietatea LSE:FP. 41 Cyclically Adjusted Book per Share is $11.38 as of Jun. 2026. GuruFocus rates LSE:FP. with a GF Score™ of 41/100. 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.

SC Fondul Proprietatea's adjusted book value per share for the three months ended in Jun. 2026 was $9.884. 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 $11.38 for the trailing ten years ended in Jun. 2026.

During the past 12 months, SC Fondul Proprietatea's average Cyclically Adjusted Book Growth Rate was -1.20% 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.

As of today (2026-09-15), SC Fondul Proprietatea's current stock price is $4.20. SC Fondul Proprietatea's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $11.38. SC Fondul Proprietatea's Cyclically Adjusted PB Ratio of today is 0.37.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of SC Fondul Proprietatea was 0.42. The lowest was 0.17. And the median was 0.27.


SC Fondul Proprietatea  (LSE:FP.) 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.

SC Fondul Proprietatea's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=4.20/11.38
=0.37

* 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 SC Fondul Proprietatea was 0.42. The lowest was 0.17. And the median was 0.27.


Be Aware

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


SC Fondul Proprietatea Cyclically Adjusted Book per Share Related Terms


SC Fondul Proprietatea Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for SC Fondul Proprietatea'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.

SC Fondul Proprietatea Cyclically Adjusted Book per Share Chart

SC Fondul Proprietatea 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 18.96 17.17 12.85

SC Fondul Proprietatea 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 19.46 15.53 12.85 13.13 11.38

LSE:FP. vs BLK, BX, KKR: Cyclically Adjusted Book per Share Comparison

For the Asset Management subindustry, SC Fondul Proprietatea'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.


SC Fondul Proprietatea Cyclically Adjusted PB Ratio vs Asset Management Industry

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

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


LSE:FP.
41GF Score
SC Fondul Proprietatea SA LSE:FP.
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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SC Fondul Proprietatea 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, SC Fondul Proprietatea'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)
=9.884/333.9520*333.9520
=9.884

Current CPI (Jun. 2026) = 333.9520.

SC Fondul Proprietatea Quarterly Data

Book Value per Share CPI Adj_Book
201609 14.716 241.428 20.356
201612 13.726 241.432 18.986
201703 13.952 243.801 19.111
201706 14.888 244.955 20.297
201709 15.531 246.819 21.014
201712 15.915 246.524 21.559
201803 17.504 249.554 23.424
201806 16.641 251.989 22.054
201809 16.891 252.439 22.345
201812 16.645 251.233 22.125
201903 16.669 254.202 21.899
201906 18.191 256.143 23.717
201909 17.896 256.759 23.276
201912 20.334 256.974 26.425
202003 16.480 258.115 21.322
202006 18.127 257.797 23.482
202009 19.105 260.280 24.513
202012 21.335 260.474 27.353
202103 21.697 264.877 27.355
202106 23.251 271.696 28.579
202109 24.367 274.310 29.665
202112 27.002 278.802 32.343
202203 26.417 287.504 30.685
202206 29.397 296.311 33.131
202209 26.650 296.808 29.985
202212 27.719 296.797 31.189
202303 28.354 301.836 31.371
202306 26.513 305.109 29.019
202309 6.845 307.789 7.427
202312 7.312 306.746 7.961
202403 7.138 312.332 7.632
202406 7.130 314.175 7.579
202409 7.427 315.301 7.866
202412 7.029 315.605 7.438
202503 7.392 319.799 7.719
202506 8.061 322.561 8.346
202509 7.928 324.800 8.151
202512 9.165 324.054 9.445
202603 8.941 330.213 9.042
202606 9.884 333.952 9.884

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 $11.38 mean?
SC Fondul Proprietatea (LSE:FP.) has a Cyclically Adjusted Book per Share of $11.38 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 SC Fondul Proprietatea and its competitors.
Is SC Fondul Proprietatea's Cyclically Adjusted Book per Share too high?
SC Fondul Proprietatea's current Cyclically Adjusted Book per Share is $11.38. Overall, SC Fondul Proprietatea has a GF Score™ of 41/100, reflecting its overall financial health beyond just this single metric.
How does SC Fondul Proprietatea's Cyclically Adjusted Book per Share compare to BLK and BX?
SC Fondul Proprietatea's Cyclically Adjusted Book per Share of $11.38 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 SC Fondul Proprietatea and its competitors. SC Fondul Proprietatea's current Cyclically Adjusted Book per Share is $11.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SC Fondul Proprietatea stock overvalued right now?
SC Fondul Proprietatea (LSE:FP.) has a current Cyclically Adjusted Book per Share of $11.38. The current Cyclically Adjusted Book per Share is $11.38. SC Fondul Proprietatea's overall GF Score™ is 41/100 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 SC Fondul Proprietatea (LSE:FP.), the current Cyclically Adjusted Book per Share is $11.38 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.

SC Fondul Proprietatea Business Description

Other Exchanges FP:Romania
Address 76-80 Buzesti Street, 7th Floor, District 1, Bucharest, ROU, 011017
SC Fondul Proprietatea SA is a closed-ended investment company. Its activity includes the business of operating mutual funds and other similar financial entities and the main activity is financial investments. Its objective is the maximization of returns to shareholders and the increase of the net asset value per share via investments mainly in Romanian equities and equity-linked securities.
41GF Score

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

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