Ultimate Products (CHIX:ULTPL) Cyclically Adjusted PB Ratio: 1.44 (As of Jul. 18, 2026) — 59% Below Median

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CHIX:ULTPL Ultimate Products PLC CHIX:ULTPL
64 GF Score
Price £0.48
GF Value £1.12
Valuation Significantly Undervalued
! 6 Warning Signs
View Full Analysis

What is Ultimate Products Cyclically Adjusted PB Ratio?

Ultimate Products CHIX:ULTPL 64 Cyclically Adjusted PB Ratio is 1.44 as of Jul. 18, 2026, which is 59% below its 10-year median of 3.55. GuruFocus rates CHIX:ULTPL with a GF Score™ of 64/100 and a GF Value™ of £1.12 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 340 Furnishings, Fixtures & Appliances companies, Ultimate Products ranks worse than 55% on this metric.

As of today (2026-07-18), Ultimate Products's current share price is £0.476. Ultimate Products's Cyclically Adjusted Book per Share for the fiscal year that ended in Jul25 was £0.33. Ultimate Products's Cyclically Adjusted PB Ratio for today is 1.44.

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

CHIX:ULTPl' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.2   Med: 3.55   Max: 6.85
Current: 1.49

During the past 12 years, Ultimate Products's highest Cyclically Adjusted PB Ratio was 6.85. The lowest was 1.20. And the median was 3.55.

CHIX:ULTPl's Cyclically Adjusted PB Ratio is ranked worse than
55% of 340 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.21 vs CHIX:ULTPl: 1.49

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.

Ultimate Products's adjusted book value per share data of for the fiscal year that ended in Jul25 was £0.553. 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 £0.33 for the trailing ten years ended in Jul25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ultimate Products  (CHIX:ULTPl) 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.


Ultimate Products Cyclically Adjusted PB Ratio Related Terms


Ultimate Products Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Ultimate Products'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.

Ultimate Products Cyclically Adjusted PB Ratio Chart

Ultimate Products Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 6.88 5.09 1.73

Ultimate Products Semi-Annual Data
Jul15 Jul16 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
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 5.09 0.00 1.73 0.00

CHIX:ULTPL vs SN, SGI, MHK: Cyclically Adjusted PB Ratio Comparison

For the Furnishings, Fixtures & Appliances subindustry, Ultimate Products'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.


Ultimate Products Cyclically Adjusted PB Ratio vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Ultimate Products's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


CHIX:ULTPL
64GF Score
Ultimate Products PLC CHIX:ULTPL
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ultimate Products 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.

Ultimate Products's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.476/0.33
=1.44

* 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.

Ultimate Products's Cyclically Adjusted Book per Share for the fiscal year that ended in Jul25 is calculated as:

For example, Ultimate Products's adjusted Book Value per Share data for the fiscal year that ended in Jul25 was:

Adj_Book=Book Value per Share/CPI of Jul25 (Change)*Current CPI (Jul25)
=0.553/138.5000*138.5000
=0.553

Current CPI (Jul25) = 138.5000.

Ultimate Products Annual Data

Book Value per Share CPI Adj_Book
201607 0.015 100.900 0.021
201707 0.083 103.500 0.111
201807 0.104 105.900 0.136
201907 0.141 108.000 0.181
202007 0.163 109.200 0.207
202107 0.359 111.400 0.446
202207 0.487 121.200 0.557
202307 0.517 129.000 0.555
202407 0.578 132.900 0.602
202507 0.553 138.500 0.553

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 1.44 mean?
Ultimate Products (CHIX:ULTPL) has a Cyclically Adjusted PB Ratio of 1.44 as of Jul. 18, 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 Ultimate Products and its competitors. This is 59% below median its historical median of 3.55. Over the past decade, Ultimate Products' Cyclically Adjusted PB Ratio has ranged from 1.20 to 6.85. According to the industry distribution chart, Ultimate Products ranks #187 out of 340 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 55%.
Is Ultimate Products' Cyclically Adjusted PB Ratio too high?
Ultimate Products' current Cyclically Adjusted PB Ratio of 1.44 is 59% below median its 10-year median of 3.55. Over the past 10 years, this metric has ranged from a low of 1.20 to a high of 6.85. The Furnishings, Fixtures & Appliances industry median Cyclically Adjusted PB Ratio is 1.21. Ultimate Products' value of 1.44 is 19% above this industry median. Based on the distribution chart, Ultimate Products ranks #187 out of 340 companies in the Furnishings, Fixtures & Appliances industry, which is below the industry midpoint. Overall, Ultimate Products has a GF Score™ of 64/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ultimate Products' Cyclically Adjusted PB Ratio compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Ultimate Products ranks #187 out of 340 companies for Cyclically Adjusted PB Ratio. This places Ultimate Products in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.21. Ultimate Products' value of 1.44 is 19% above this benchmark. Historically, Ultimate Products' own Cyclically Adjusted PB Ratio has ranged from 1.20 to 6.85 over the past decade. While the company's 10-year median is 3.55 vs. the industry median of 1.21, Ultimate Products 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 Furnishings, Fixtures & Appliances company?
The median Cyclically Adjusted PB Ratio among Furnishings, Fixtures & Appliances companies is 1.21, based on 340 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. Ultimate Products's current Cyclically Adjusted PB Ratio of 1.44 is 19% 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 Ultimate Products and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Cyclically Adjusted PB Ratio is 1.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ultimate Products's current Cyclically Adjusted PB Ratio is 1.44, which is 59% below median its own 10-year median of 3.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ultimate Products stock overvalued right now?
Based on GuruFocus' analysis, Ultimate Products (CHIX:ULTPL) is currently considered Significantly Undervalued. The stock's GF Value™ is £1.12, compared to a current price of £0.48 — trading 57.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.44, which is 59% below median its 10-year median of 3.55 and 19% above the Furnishings, Fixtures & Appliances industry median of 1.21. Ultimate Products' overall GF Score™ is 64/100 with 6 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 Ultimate Products (CHIX:ULTPL), the current Cyclically Adjusted PB Ratio is 1.44 as of Jul. 18, 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 Ultimate Products (CHIX:ULTPL) Overvalued in 2026?

Based on GuruFocus' analysis, Ultimate Products stock appears to be undervalued. The current stock price of £0.48 is trading 57.5% below its estimated GF Value™ of £1.12. GuruFocus considers Ultimate Products to be Significantly Undervalued.

Key valuation signals for CHIX:ULTPL:

  • Cyclically Adjusted PB Ratio: 1.44 (59% below median its 10-year median of 3.55)
  • GF Value™: £1.12 vs. price of £0.48 (57.5% below fair value)
  • GF Score™: 64/100 with 6 warning signs
  • Industry Position: 19% above the Furnishings, Fixtures & Appliances median (#187 of 340)

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


Ultimate Products Business Description

Other Exchanges ULTP:UK3DJ:Germany
Address Victoria Street, Manor Mill, Chadderton, Oldham, Manchester, GBR, OL9 0DD
Ultimate Products PLC designs, develops and distributes homeware products across its key brands, including the household names Salter and Beldray. Its other brands include Progress, Kleenez, Petra, Maxim, Russell Hobbs, and Intempo among others. The company sells products across different categories, such as small domestic appliances, housewares, laundry, audio, and heating and cooling. Its products are sold to a broad cross-section of both large national and international multi-channel retailers as well as smaller national retail chains, incorporating discount retailers, supermarkets, general retailers, and online retailers. Geographically, the company derives its key revenue from the United Kingdom and the rest from Germany, Rest of Europe and the Rest of the world.
64GF Score

Get the complete analysis for CHIX:ULTPL

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

£0.48
Price
£1.12
GF Value