Fluidra (MEX:FDRN) Cyclically Adjusted Book per Share: MXN146.61 (As of Dec. 2025)


MEX:FDRN Fluidra SA MEX:FDRN
75 GF Score
Price MXN376.32
GF Value MXN520.16
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Fluidra Cyclically Adjusted Book per Share?

Fluidra MEX:FDRN 75 Cyclically Adjusted Book per Share is MXN146.61 as of Dec. 2025. GuruFocus rates MEX:FDRN with a GF Score™ of 75/100 and a GF Value™ of MXN520.16 (Modestly Undervalued). 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.

Fluidra's adjusted book value per share for the three months ended in Dec. 2025 was MXN176.739. 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 MXN146.61 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Fluidra's average Cyclically Adjusted Book Growth Rate was 12.50% 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 (2026-06-25), Fluidra's current stock price is MXN376.32. Fluidra's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was MXN146.61. Fluidra's Cyclically Adjusted PB Ratio of today is 2.57.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Fluidra was 4.74. The lowest was 2.92. And the median was 3.81.


Fluidra  (MEX:FDRN) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=376.32/146.61
=2.57

* 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 Fluidra was 4.74. The lowest was 2.92. And the median was 3.81.


Be Aware

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


Fluidra Cyclically Adjusted Book per Share Related Terms


Fluidra Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Fluidra'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.

Fluidra Cyclically Adjusted Book per Share Chart

Fluidra 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 0.00 128.44 146.61

Fluidra Quarterly Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 128.44 133.80 125.10 142.24 146.61

MEX:FDRN vs AS, HAS, LTH: Cyclically Adjusted Book per Share Comparison

For the Leisure subindustry, Fluidra'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.


Fluidra Cyclically Adjusted PB Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Fluidra's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


MEX:FDRN
75GF Score
Fluidra SA MEX:FDRN
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fluidra 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, Fluidra's adjusted Book Value per Share data for the three months ended in Dec. 2025 was:

Adj_Book= Book Value per Share /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=176.739/128.4016*128.4016
=176.739

Current CPI (Dec. 2025) = 128.4016.

Fluidra Quarterly Data

Book Value per Share CPI Adj_Book
200912 49.774 93.169 68.597
201006 43.827 94.114 59.794
201012 45.996 95.953 61.550
201106 49.484 97.111 65.429
201112 53.224 98.235 69.569
201206 51.475 98.952 66.795
201212 48.754 101.052 61.949
201306 49.254 100.994 62.621
201312 46.326 101.306 58.716
201406 48.638 101.081 61.784
201412 49.452 100.251 63.338
201506 51.100 101.138 64.875
201512 52.986 100.268 67.853
201606 60.607 100.333 77.562
201612 63.812 101.842 80.454
201706 62.448 101.848 78.729
201709 0.000 101.524 0.000
201712 69.868 102.975 87.120
201806 75.465 104.165 93.024
201809 0.000 103.818 0.000
201812 165.377 104.193 203.801
201906 161.617 104.612 198.371
201912 155.466 105.015 190.088
202006 199.371 104.254 245.549
202012 177.355 104.456 218.012
202106 186.817 107.102 223.969
202112 197.089 111.298 227.377
202206 195.033 118.044 212.145
202212 185.078 117.650 201.991
202306 154.504 120.278 164.939
202309 0.000 121.343 0.000
202312 152.863 121.300 161.813
202403 0.000 122.762 0.000
202406 167.177 124.409 172.543
202409 180.421 123.121 188.160
202412 189.482 124.753 195.023
202503 192.516 125.531 196.919
202506 176.782 127.251 178.381
202509 178.443 126.842 180.637
202512 176.739 128.402 176.739

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 MXN146.61 mean?
Fluidra (MEX:FDRN) has a Cyclically Adjusted Book per Share of MXN146.61 as of Dec. 2025. 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 Fluidra and its competitors.
Is Fluidra's Cyclically Adjusted Book per Share too high?
Fluidra's current Cyclically Adjusted Book per Share is MXN146.61. Overall, Fluidra has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fluidra's Cyclically Adjusted Book per Share compare to AS and HAS?
Fluidra's Cyclically Adjusted Book per Share of MXN146.61 can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Cyclically Adjusted Book per Share depends on the Travel & Leisure 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 Fluidra and its competitors. Fluidra's current Cyclically Adjusted Book per Share is MXN146.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fluidra stock overvalued right now?
Based on GuruFocus' analysis, Fluidra (MEX:FDRN) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN520.16, compared to a current price of MXN376.32 — trading 27.7% below its estimated fair value. The current Cyclically Adjusted Book per Share is MXN146.61. Fluidra's overall GF Score™ is 75/100 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 Fluidra (MEX:FDRN), the current Cyclically Adjusted Book per Share is MXN146.61 as of Dec. 2025. 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 Fluidra (MEX:FDRN) Overvalued in 2026?

Based on GuruFocus' analysis, Fluidra stock appears to be undervalued. The current stock price of MXN376.32 is trading 27.7% below its estimated GF Value™ of MXN520.16. GuruFocus considers Fluidra to be Modestly Undervalued.

Key valuation signals for MEX:FDRN:

  • Cyclically Adjusted Book per Share: MXN146.61
  • GF Value™: MXN520.16 vs. price of MXN376.32 (27.7% below fair value)
  • GF Score™: 75/100 with 3 warning signs

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


Fluidra Business Description

Address Avenida Alcalde Barnils, 69, Sant Cugat del Valles, Barcelona, ESP, 08174
Fluidra SA is engaged in the pool and wellness business, as well as irrigation, industrial, and others. The company is responsible for manufacturing and distributing all the components required for the construction, renovation, improvement, and maintenance of residential and commercial pools. Also, in some southern European countries, the company supplements its core pool and wellness business with irrigation and landscaping accessories for gardens that are often adjacent to pools The Business Divisions of the company are EMEA, North America, and APAC.
75GF Score

Get the complete analysis for MEX:FDRN

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

MXN376.32
Price
MXN520.16
GF Value