Robert Walters (CHIX:RWAL) Cyclically Adjusted PB Ratio: 0.40 (As of Jul. 16, 2026) — 88% Below Median

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CHIX:RWAL Robert Walters PLC CHIX:RWAL
51 GF Score
Price £0.96
GF Value £2.71
Valuation Possible Value Trap
! 2 Warning Signs
View Full Analysis

What is Robert Walters Cyclically Adjusted PB Ratio?

Robert Walters CHIX:RWAL -1.95% 51 Cyclically Adjusted PB Ratio is 0.40 as of Jul. 16, 2026, which is 88% below its 10-year median of 3.41. GuruFocus rates CHIX:RWAL with a GF Score™ of 51/100 and a GF Value™ of £2.71 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 730 Business Services companies, Robert Walters ranks better than 89.04% on this metric.

As of today (2026-07-16), Robert Walters's current share price is £0.957. Robert Walters's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was £2.37. Robert Walters's Cyclically Adjusted PB Ratio for today is 0.40.

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

CHIX:RWAl' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.35   Med: 3.41   Max: 7.15
Current: 0.35

During the past 13 years, Robert Walters's highest Cyclically Adjusted PB Ratio was 7.15. The lowest was 0.35. And the median was 3.41.

CHIX:RWAl's Cyclically Adjusted PB Ratio is ranked better than
89.04% of 730 companies
in the Business Services industry
Industry Median: 1.565 vs CHIX:RWAl: 0.35

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.

Robert Walters's adjusted book value per share data of for the fiscal year that ended in Dec25 was £1.538. 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 £2.37 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Robert Walters  (CHIX:RWAl) 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.


Robert Walters Cyclically Adjusted PB Ratio Related Terms


Robert Walters Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Robert Walters'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.

Robert Walters Cyclically Adjusted PB Ratio Chart

Robert Walters 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 4.59 2.74 2.07 1.37 0.57

Robert Walters Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 2.07 0.00 1.37 0.00 0.57

CHIX:RWAL vs KFY, RHI, TNET: Cyclically Adjusted PB Ratio Comparison

For the Staffing & Employment Services subindustry, Robert Walters'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.


Robert Walters Cyclically Adjusted PB Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, Robert Walters's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


CHIX:RWAL
51GF Score
Robert Walters PLC CHIX:RWAL
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Robert Walters 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.

Robert Walters's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.957/2.37
=0.40

* 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.

Robert Walters's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Robert Walters's adjusted Book Value per Share data for the fiscal year that ended in Dec25 was:

Adj_Book=Book Value per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=1.538/139.9000*139.9000
=1.538

Current CPI (Dec25) = 139.9000.

Robert Walters Annual Data

Book Value per Share CPI Adj_Book
201612 1.334 102.200 1.826
201712 1.618 105.000 2.156
201812 2.020 107.100 2.639
201912 2.004 108.500 2.584
202012 2.225 109.400 2.845
202112 2.282 114.700 2.783
202212 2.457 125.300 2.743
202312 2.279 130.500 2.443
202412 2.106 135.100 2.181
202512 1.538 139.900 1.538

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 0.40 mean?
Robert Walters (CHIX:RWAL) has a Cyclically Adjusted PB Ratio of 0.40 as of Jul. 16, 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 Robert Walters and its competitors. This is 88% below median its historical median of 3.41. Over the past decade, Robert Walters' Cyclically Adjusted PB Ratio has ranged from 0.35 to 7.15. According to the industry distribution chart, Robert Walters ranks #80 out of 730 companies in the Business Services industry, placing it in the top 11%.
Is Robert Walters' Cyclically Adjusted PB Ratio too high?
Robert Walters' current Cyclically Adjusted PB Ratio of 0.40 is 88% below median its 10-year median of 3.41. Over the past 10 years, this metric has ranged from a low of 0.35 to a high of 7.15. The Business Services industry median Cyclically Adjusted PB Ratio is 1.57. Robert Walters' value of 0.40 is 74.4% below this industry median. Based on the distribution chart, Robert Walters ranks #80 out of 730 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Robert Walters has a GF Score™ of 51/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Robert Walters' Cyclically Adjusted PB Ratio compare to KFY and RHI?
According to the Business Services industry distribution chart, Robert Walters ranks #80 out of 730 companies for Cyclically Adjusted PB Ratio. This places Robert Walters in the top 11% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.57. Robert Walters' value of 0.40 is 74.4% below this benchmark. Historically, Robert Walters' own Cyclically Adjusted PB Ratio has ranged from 0.35 to 7.15 over the past decade. While the company's 10-year median is 3.41 vs. the industry median of 1.57, Robert Walters has consistently been below 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 Business Services company?
The median Cyclically Adjusted PB Ratio among Business Services companies is 1.57, based on 730 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. Robert Walters's current Cyclically Adjusted PB Ratio of 0.40 is 74.4% below 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 Robert Walters and its competitors. For the Business Services industry, the median Cyclically Adjusted PB Ratio is 1.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Robert Walters's current Cyclically Adjusted PB Ratio is 0.40, which is 88% below median its own 10-year median of 3.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Robert Walters stock overvalued right now?
Based on GuruFocus' analysis, Robert Walters (CHIX:RWAL) is currently considered Possible Value Trap. The stock's GF Value™ is £2.71, compared to a current price of £0.96 — trading 64.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.40, which is 88% below median its 10-year median of 3.41 and 74.4% below the Business Services industry median of 1.57. Robert Walters' overall GF Score™ is 51/100 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 PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Robert Walters (CHIX:RWAL), the current Cyclically Adjusted PB Ratio is 0.40 as of Jul. 16, 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 Robert Walters (CHIX:RWAL) Overvalued in 2026?

Based on GuruFocus' analysis, Robert Walters stock appears to be undervalued. The current stock price of £0.96 is trading 64.7% below its estimated GF Value™ of £2.71. GuruFocus considers Robert Walters to be Possible Value Trap.

Key valuation signals for CHIX:RWAL:

  • Cyclically Adjusted PB Ratio: 0.40 (88% below median its 10-year median of 3.41)
  • GF Value™: £2.71 vs. price of £0.96 (64.7% below fair value)
  • GF Score™: 51/100 with 2 warning signs
  • Industry Position: 74.4% below the Business Services median (#80 of 730)

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


Robert Walters Business Description

Other Exchanges RWA:UKRBW:Germany
Address 11 Slingsby Place, St Martin\'s Courtyard, London, GBR, WC2E 9AB
Robert Walters PLC is a specialist professional recruitment group. The company specialises in the placement of professionals across the disciplines of accountancy and finance, banking, engineering, HR, healthcare, IT, legal, sales, marketing, secretarial and support and supply chain, logistics, and procurement. The company's client base ranges from blue-chip corporates and financial services organizations to SMEs and start-ups. The company provides three core services: Specialist professional recruitment, Recruitment outsourcing, and Talent advisory. Its geographical area of operation includes Asia Pacific, the UK, Europe, and the Rest of World. It generates the majority of its revenue from the Asia Pacific region.
51GF Score

Get the complete analysis for CHIX:RWAL

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

£0.96
Price
£2.71
GF Value