BFAM (Bright Horizons Family Solutions) Cyclically Adjusted PB Ratio: 3.40 (As of Aug. 20, 2026) — 53% Below Median

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BFAM Bright Horizons Family Solutions Inc BFAM
71 GF Score
Price $73.47
GF Value $138.55
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Bright Horizons Family Solutions Cyclically Adjusted PB Ratio?

Bright Horizons Family Solutions BFAM +0.49% 71 Cyclically Adjusted PB Ratio is 3.40 as of Aug. 20, 2026, which is 53% below its 10-year median of 7.20. GuruFocus rates BFAM with a GF Score™ of 71/100 and a GF Value™ of $138.55 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 66 Personal Services companies, Bright Horizons Family Solutions ranks worse than 72.73% on this metric.

As of today (2026-08-20), Bright Horizons Family Solutions's current share price is $73.47. Bright Horizons Family Solutions's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $21.60. Bright Horizons Family Solutions's Cyclically Adjusted PB Ratio for today is 3.40.

The historical rank and industry rank for Bright Horizons Family Solutions's Cyclically Adjusted PB Ratio or its related term are showing as below:

BFAM' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.92   Med: 7.2   Max: 15.11
Current: 3.38

During the past years, Bright Horizons Family Solutions's highest Cyclically Adjusted PB Ratio was 15.11. The lowest was 2.92. And the median was 7.20.

BFAM's Cyclically Adjusted PB Ratio is ranked worse than
72.73% of 66 companies
in the Personal Services industry
Industry Median: 1.82 vs BFAM: 3.38

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.

Bright Horizons Family Solutions's adjusted book value per share data for the three months ended in Jun. 2026 was $19.160. 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 $21.60 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bright Horizons Family Solutions  (NYSE:BFAM) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Bright Horizons Family Solutions Cyclically Adjusted PB Ratio Related Terms


Bright Horizons Family Solutions Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Bright Horizons Family Solutions's Cyclically Adjusted PB Ratio 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.

Bright Horizons Family Solutions Cyclically Adjusted PB Ratio Chart

Bright Horizons Family Solutions Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.95 3.58 5.09 5.69 4.88

Bright Horizons Family Solutions Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PB Ratio 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 6.10 5.26 4.88 3.86 3.28

BFAM vs ANDG, FTDR, HRB: Cyclically Adjusted PB Ratio Comparison

For the Personal Services subindustry, Bright Horizons Family Solutions'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.


Bright Horizons Family Solutions Cyclically Adjusted PB Ratio vs Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Bright Horizons Family Solutions's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Bright Horizons Family Solutions's Cyclically Adjusted PB Ratio falls into.


BFAM
71GF Score
Bright Horizons Family Solutions Inc BFAM
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bright Horizons Family Solutions Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Bright Horizons Family Solutions's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=73.47/21.60
=3.40

* 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.

Bright Horizons Family Solutions's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Bright Horizons Family Solutions'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)
=19.16/333.9520*333.9520
=19.160

Current CPI (Jun. 2026) = 333.9520.

Bright Horizons Family Solutions Quarterly Data

Book Value per Share CPI Adj_Book
201609 11.825 241.428 16.357
201612 11.677 241.432 16.152
201703 12.220 243.801 16.739
201706 12.287 244.955 16.751
201709 13.153 246.819 17.796
201712 12.912 246.524 17.491
201803 12.811 249.554 17.144
201806 12.990 251.989 17.215
201809 13.504 252.439 17.864
201812 13.558 251.233 18.022
201903 14.488 254.202 19.033
201906 15.171 256.143 19.780
201909 15.444 256.759 20.087
201912 16.780 256.974 21.807
202003 16.187 258.115 20.943
202006 19.921 257.797 25.806
202009 20.363 260.280 26.127
202012 21.232 260.474 27.221
202103 21.582 264.877 27.210
202106 21.088 271.696 25.920
202109 20.955 274.310 25.511
202112 19.885 278.802 23.818
202203 19.828 287.504 23.031
202206 19.088 296.311 21.513
202209 17.282 296.808 19.445
202212 18.780 296.797 21.131
202303 19.130 301.836 21.165
202306 19.913 305.109 21.795
202309 20.171 307.789 21.886
202312 20.974 306.746 22.834
202403 21.211 312.332 22.679
202406 22.129 314.175 23.522
202409 24.068 315.301 25.492
202412 22.270 315.605 23.565
202503 23.034 319.799 24.053
202506 24.473 322.561 25.337
202509 25.131 324.800 25.839
202512 24.078 324.054 24.813
202603 21.669 330.213 21.914
202606 19.160 333.952 19.160

Add all the adjusted book value per share together and divide the count will get our 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.

What does a Cyclically Adjusted PB Ratio of 3.40 mean?
Bright Horizons Family Solutions (BFAM) has a Cyclically Adjusted PB Ratio of 3.40 as of Aug. 20, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Bright Horizons Family Solutions and its competitors. This is 53% below median its historical median of 7.20. Over the past decade, Bright Horizons Family Solutions' Cyclically Adjusted PB Ratio has ranged from 2.92 to 15.11. According to the industry distribution chart, Bright Horizons Family Solutions ranks #48 out of 66 companies in the Personal Services industry, placing it in the top 72.7%.
Is Bright Horizons Family Solutions' Cyclically Adjusted PB Ratio too high?
Bright Horizons Family Solutions' current Cyclically Adjusted PB Ratio of 3.40 is 53% below median its 10-year median of 7.20. Over the past 10 years, this metric has ranged from a low of 2.92 to a high of 15.11. The Personal Services industry median Cyclically Adjusted PB Ratio is 1.82. Bright Horizons Family Solutions' value of 3.40 is 86.8% above this industry median. Based on the distribution chart, Bright Horizons Family Solutions ranks #48 out of 66 companies in the Personal Services industry, which is below the industry midpoint. Overall, Bright Horizons Family Solutions has a GF Score™ of 71/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bright Horizons Family Solutions' Cyclically Adjusted PB Ratio compare to ANDG and FTDR?
According to the Personal Services industry distribution chart, Bright Horizons Family Solutions ranks #48 out of 66 companies for Cyclically Adjusted PB Ratio. This places Bright Horizons Family Solutions in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.82. Bright Horizons Family Solutions' value of 3.40 is 86.8% above this benchmark. Historically, Bright Horizons Family Solutions' own Cyclically Adjusted PB Ratio has ranged from 2.92 to 15.11 over the past decade. While the company's 10-year median is 7.20 vs. the industry median of 1.82, Bright Horizons Family Solutions has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Personal Services company?
The median Cyclically Adjusted PB Ratio among Personal Services companies is 1.82, based on 66 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bright Horizons Family Solutions's current Cyclically Adjusted PB Ratio of 3.40 is 86.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Bright Horizons Family Solutions and its competitors. For the Personal Services industry, the median Cyclically Adjusted PB Ratio is 1.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bright Horizons Family Solutions's current Cyclically Adjusted PB Ratio is 3.40, which is 53% below median its own 10-year median of 7.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bright Horizons Family Solutions stock overvalued right now?
Based on GuruFocus' analysis, Bright Horizons Family Solutions (BFAM) is currently considered Significantly Undervalued. The stock's GF Value™ is $138.55, compared to a current price of $73.47 — trading 47% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.40, which is 53% below median its 10-year median of 7.20 and 86.8% above the Personal Services industry median of 1.82. Bright Horizons Family Solutions' overall GF Score™ is 71/100 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 PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Bright Horizons Family Solutions (BFAM), the current Cyclically Adjusted PB Ratio is 3.40 as of Aug. 20, 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 Bright Horizons Family Solutions (BFAM) Overvalued in 2026?

Based on GuruFocus' analysis, Bright Horizons Family Solutions stock appears to be undervalued. The current stock price of $73.47 is trading 47% below its estimated GF Value™ of $138.55. GuruFocus considers Bright Horizons Family Solutions to be Significantly Undervalued.

Key valuation signals for BFAM:

  • Cyclically Adjusted PB Ratio: 3.40 (53% below median its 10-year median of 7.20)
  • GF Value™: $138.55 vs. price of $73.47 (47% below fair value)
  • GF Score™: 71/100 with 3 warning signs
  • Industry Position: 86.8% above the Personal Services median (#48 of 66)

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


Bright Horizons Family Solutions Business Description

Other Exchanges BHA:Germany
Address 2 Wells Avenue, Newton, MA, USA, 02459
Bright Horizons Family Solutions Inc provider of early education and child care, family care solutions, and workforce education services that help working families and client employees personally and professionally. It provides services under multi-year contracts with employers that offer early education and child care, back-up care, and educational advisory services as part of their employee benefits package. The company has three business segments; Full-service center-based child care, Backup care, and Educational advisory services. The majority of the revenue is generated by full-service center-based child care, which includes traditional center-based child care and early education services. Other services provided by the company include in-home child and elder care, and Others.
71GF Score

Get the complete analysis for BFAM

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

$73.47
Price
$138.55
GF Value