Fab-Form Industries (TSXV:FBF) Cyclically Adjusted Book per Share: C$0.35 (As of Mar. 2026)

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TSXV:FBF Fab-Form Industries Ltd TSXV:FBF
53 GF Score
Price C$0.99
GF Value C$1.34
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Fab-Form Industries Cyclically Adjusted Book per Share?

Fab-Form Industries TSXV:FBF +4.21% 53 Cyclically Adjusted Book per Share is C$0.35 as of Mar. 2026. GuruFocus rates TSXV:FBF with a GF Score™ of 53/100 and a GF Value™ of C$1.34 (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.

Fab-Form Industries's adjusted book value per share for the three months ended in Mar. 2026 was C$0.665. 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 C$0.35 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Fab-Form Industries's average Cyclically Adjusted Book Growth Rate was 29.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 27.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 31.80% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 45.80% 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 Fab-Form Industries was 91.30% per year. The lowest was -37.00% per year. And the median was 28.80% per year.

As of today (2026-08-01), Fab-Form Industries's current stock price is C$0.99. Fab-Form Industries's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was C$0.35. Fab-Form Industries's Cyclically Adjusted PB Ratio of today is 2.83.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Fab-Form Industries was 99.00. The lowest was 2.63. And the median was 9.17.


Fab-Form Industries  (TSXV:FBF) 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.

Fab-Form Industries's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.99/0.35
=2.83

* 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 Fab-Form Industries was 99.00. The lowest was 2.63. And the median was 9.17.


Be Aware

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


Fab-Form Industries Cyclically Adjusted Book per Share Related Terms


Fab-Form Industries Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Fab-Form Industries'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.

Fab-Form Industries Cyclically Adjusted Book per Share Chart

Fab-Form Industries Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Jun23 Jun24 Jun25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.10 0.14 0.17 0.22 0.29

Fab-Form Industries 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 0.27 0.29 0.31 0.32 0.35

TSXV:FBF vs CRH, VMC, MLM: Cyclically Adjusted Book per Share Comparison

For the Building Materials subindustry, Fab-Form Industries'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.


Fab-Form Industries Cyclically Adjusted PB Ratio vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Fab-Form Industries's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Fab-Form Industries's Cyclically Adjusted PB Ratio falls into.


TSXV:FBF
53GF Score
Fab-Form Industries Ltd TSXV:FBF
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fab-Form Industries 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, Fab-Form Industries'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)
=0.665/132.2623*132.2623
=0.665

Current CPI (Mar. 2026) = 132.2623.

Fab-Form Industries Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.031 102.002 0.040
201609 0.041 101.765 0.053
201612 0.044 101.449 0.057
201703 0.049 102.634 0.063
201706 0.062 103.029 0.080
201709 0.078 103.345 0.100
201712 0.071 103.345 0.091
201803 0.110 105.004 0.139
201806 0.125 105.557 0.157
201809 0.138 105.636 0.173
201812 0.141 105.399 0.177
201903 0.142 106.979 0.176
201906 0.155 107.690 0.190
201909 0.170 107.611 0.209
201912 0.180 107.769 0.221
202003 0.184 107.927 0.225
202006 0.195 108.401 0.238
202009 0.208 108.164 0.254
202012 0.205 108.559 0.250
202103 0.215 110.298 0.258
202106 0.242 111.720 0.286
202109 0.281 112.905 0.329
202112 0.299 113.774 0.348
202203 0.324 117.646 0.364
202206 0.371 120.806 0.406
202209 0.423 120.648 0.464
202212 0.447 120.964 0.489
202303 0.459 122.702 0.495
202306 0.499 124.203 0.531
202309 0.538 125.230 0.568
202312 0.550 125.072 0.582
202403 0.559 126.258 0.586
202406 0.584 127.522 0.606
202409 0.614 127.285 0.638
202412 0.627 127.364 0.651
202503 0.631 129.181 0.646
202506 0.643 129.892 0.655
202509 0.669 130.287 0.679
202512 0.673 130.366 0.683
202603 0.665 132.262 0.665

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 C$0.35 mean?
Fab-Form Industries (TSXV:FBF) has a Cyclically Adjusted Book per Share of C$0.35 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 Fab-Form Industries and its competitors.
Is Fab-Form Industries' Cyclically Adjusted Book per Share too high?
Fab-Form Industries' current Cyclically Adjusted Book per Share is C$0.35. Overall, Fab-Form Industries has a GF Score™ of 53/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fab-Form Industries' Cyclically Adjusted Book per Share compare to CRH and VMC?
Fab-Form Industries' Cyclically Adjusted Book per Share of C$0.35 can be compared against companies in the Building Materials 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 Building Materials company?
A good Cyclically Adjusted Book per Share depends on the Building Materials 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 Fab-Form Industries and its competitors. Fab-Form Industries's current Cyclically Adjusted Book per Share is C$0.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fab-Form Industries stock overvalued right now?
Based on GuruFocus' analysis, Fab-Form Industries (TSXV:FBF) is currently considered Modestly Undervalued. The stock's GF Value™ is C$1.34, compared to a current price of C$0.99 — trading 26.1% below its estimated fair value. The current Cyclically Adjusted Book per Share is C$0.35. Fab-Form Industries' overall GF Score™ is 53/100 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 Fab-Form Industries (TSXV:FBF), the current Cyclically Adjusted Book per Share is C$0.35 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 Fab-Form Industries (TSXV:FBF) Overvalued in 2026?

Based on GuruFocus' analysis, Fab-Form Industries stock appears to be undervalued. The current stock price of C$0.99 is trading 26.1% below its estimated GF Value™ of C$1.34. GuruFocus considers Fab-Form Industries to be Modestly Undervalued.

Key valuation signals for TSXV:FBF:

  • Cyclically Adjusted Book per Share: C$0.35
  • GF Value™: C$1.34 vs. price of C$0.99 (26.1% below fair value)
  • GF Score™: 53/100 with 3 warning signs

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


Fab-Form Industries Business Description

Other Exchanges FABFF:USA
Address 1610 Derwent Way, Unit 19, Delta, BC, CAN, V3M 6W1
Fab-Form Industries Ltd is a Canadian-based company that develops, manufactures, and distributes proprietary technology to form concrete footings, columns, foundations, and walls for building structures. The company also distributes Helix micro rebar into the BC market and Nudura insulating concrete form into the Lower Mainland of BC market.
53GF Score

Get the complete analysis for TSXV:FBF

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

C$0.99
Price
C$1.34
GF Value