Frasers Group (CHIX:FRASL) Cyclically Adjusted PB Ratio: 2.24 (As of Jul. 14, 2026) — 20% Below Median

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CHIX:FRASL Frasers Group PLC CHIX:FRASL
87 GF Score
Price £7.55
GF Value £7.94
Valuation Fairly Valued
! 5 Warning Signs
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What is Frasers Group Cyclically Adjusted PB Ratio?

Frasers Group CHIX:FRASL +0.07% 87 Cyclically Adjusted PB Ratio is 2.24 as of Jul. 14, 2026, which is 20% below its 10-year median of 2.80. GuruFocus rates CHIX:FRASL with a GF Score™ of 87/100 and a GF Value™ of £7.94 (Fairly Valued). The stock has 5 warning signs investors should review. Among 809 Retail - Cyclical companies, Frasers Group ranks worse than 70.33% on this metric.

As of today (2026-07-14), Frasers Group's current share price is £7.55. Frasers Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Apr25 was £3.37. Frasers Group's Cyclically Adjusted PB Ratio for today is 2.24.

The historical rank and industry rank for Frasers Group's Cyclically Adjusted PB Ratio or its related term are showing as below:

CHIX:FRASl' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.14   Med: 2.8   Max: 4.03
Current: 2.22

During the past 13 years, Frasers Group's highest Cyclically Adjusted PB Ratio was 4.03. The lowest was 1.14. And the median was 2.80.

CHIX:FRASl's Cyclically Adjusted PB Ratio is ranked worse than
70.33% of 809 companies
in the Retail - Cyclical industry
Industry Median: 1.25 vs CHIX:FRASl: 2.22

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.

Frasers Group's adjusted book value per share data of for the fiscal year that ended in Apr25 was £4.528. 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 £3.37 for the trailing ten years ended in Apr25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Frasers Group  (CHIX:FRASl) 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.


Frasers Group Cyclically Adjusted PB Ratio Related Terms


Frasers Group Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Frasers Group'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.

Frasers Group Cyclically Adjusted PB Ratio Chart

Frasers Group Annual Data
Trend Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.55 2.90 2.81 2.67 1.96

Frasers Group Semi-Annual Data
Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25
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 0.00 2.67 0.00 1.96 0.00

CHIX:FRASL vs CASY, WSM, DKS: Cyclically Adjusted PB Ratio Comparison

For the Specialty Retail subindustry, Frasers Group'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.


Frasers Group Cyclically Adjusted PB Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Frasers Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


CHIX:FRASL
87GF Score
Frasers Group PLC CHIX:FRASL
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Frasers Group 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.

Frasers Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=7.55/3.37
=2.24

* 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.

Frasers Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Apr25 is calculated as:

For example, Frasers Group's adjusted Book Value per Share data for the fiscal year that ended in Apr25 was:

Adj_Book=Book Value per Share/CPI of Apr25 (Change)*Current CPI (Apr25)
=4.528/137.7000*137.7000
=4.528

Current CPI (Apr25) = 137.7000.

Frasers Group Annual Data

Book Value per Share CPI Adj_Book
201604 2.317 100.600 3.171
201704 2.207 103.200 2.945
201804 2.224 105.500 2.903
201904 2.324 107.600 2.974
202004 2.440 108.600 3.094
202104 2.297 110.400 2.865
202204 2.642 119.000 3.057
202304 3.483 128.300 3.738
202404 4.261 132.200 4.438
202504 4.528 137.700 4.528

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 2.24 mean?
Frasers Group (CHIX:FRASL) has a Cyclically Adjusted PB Ratio of 2.24 as of Jul. 14, 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 Frasers Group and its competitors. This is 20% below median its historical median of 2.80. Over the past decade, Frasers Group's Cyclically Adjusted PB Ratio has ranged from 1.14 to 4.03. According to the industry distribution chart, Frasers Group ranks #569 out of 809 companies in the Retail - Cyclical industry, placing it in the top 70.3%.
Is Frasers Group's Cyclically Adjusted PB Ratio too high?
Frasers Group's current Cyclically Adjusted PB Ratio of 2.24 is 20% below median its 10-year median of 2.80. Over the past 10 years, this metric has ranged from a low of 1.14 to a high of 4.03. The Retail - Cyclical industry median Cyclically Adjusted PB Ratio is 1.25. Frasers Group's value of 2.24 is 79.2% above this industry median. Based on the distribution chart, Frasers Group ranks #569 out of 809 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Frasers Group has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Frasers Group's Cyclically Adjusted PB Ratio compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Frasers Group ranks #569 out of 809 companies for Cyclically Adjusted PB Ratio. This places Frasers Group in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.25. Frasers Group's value of 2.24 is 79.2% above this benchmark. Historically, Frasers Group's own Cyclically Adjusted PB Ratio has ranged from 1.14 to 4.03 over the past decade. While the company's 10-year median is 2.80 vs. the industry median of 1.25, Frasers Group 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 Retail - Cyclical company?
The median Cyclically Adjusted PB Ratio among Retail - Cyclical companies is 1.25, based on 809 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. Frasers Group's current Cyclically Adjusted PB Ratio of 2.24 is 79.2% 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 Frasers Group and its competitors. For the Retail - Cyclical industry, the median Cyclically Adjusted PB Ratio is 1.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Frasers Group's current Cyclically Adjusted PB Ratio is 2.24, which is 20% below median its own 10-year median of 2.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Frasers Group stock overvalued right now?
Based on GuruFocus' analysis, Frasers Group (CHIX:FRASL) is currently considered Fairly Valued. The stock's GF Value™ is £7.94, compared to a current price of £7.55 — trading 4.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.24, which is 20% below median its 10-year median of 2.80 and 79.2% above the Retail - Cyclical industry median of 1.25. Frasers Group's overall GF Score™ is 87/100 with 5 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 Frasers Group (CHIX:FRASL), the current Cyclically Adjusted PB Ratio is 2.24 as of Jul. 14, 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 Frasers Group (CHIX:FRASL) Overvalued in 2026?

Based on GuruFocus' analysis, Frasers Group stock appears to be undervalued. The current stock price of £7.55 is trading 4.9% below its estimated GF Value™ of £7.94. GuruFocus considers Frasers Group to be Fairly Valued.

Key valuation signals for CHIX:FRASL:

  • Cyclically Adjusted PB Ratio: 2.24 (20% below median its 10-year median of 2.80)
  • GF Value™: £7.94 vs. price of £7.55 (4.9% below fair value)
  • GF Score™: 87/100 with 5 warning signs
  • Industry Position: 79.2% above the Retail - Cyclical median (#569 of 809)

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


Frasers Group Business Description

Other Exchanges SDIPF:USAFRAS:UKZVX:Germany
Address Unit A, Brook Park East, Shirebrook, GBR, NG20 8RY
Frasers Group PLC is a U.K. sports goods retailer. The diversified portfolio of Sports, Fitness, Premium Lifestyle and Luxury Store Fascias. Its brands are Sports Direct, House of Fraser, Flannels, Amara Living, Evans Cycles, Game, Jack Wills, and Others. The company has five segments five operating segments: UK Sports, Premium Lifestyle, International, Property and Financial Services. It operates stores in the United Kingdom, Europe, Asia, Oceania and USA. It generates the majority of the revenue from UK Sports includes the results of the Group's core sports retail store operations in the UK, plus all the Group's sports retail online business, other UK-based sports retail and wholesale operations, GAME UK stores and online operations, retail store operations.
87GF Score

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

£7.55
Price
£7.94
GF Value