FFXDF (Fairfax India Holdings) Cyclically Adjusted PB Ratio: 0.92 (As of Aug. 02, 2026) — Near Median

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FFXDF Fairfax India Holdings Corp FFXDF
56 GF Score
Price $18.25
GF Value $24.70
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Fairfax India Holdings Cyclically Adjusted PB Ratio?

Fairfax India Holdings FFXDF +0.33% 56 Cyclically Adjusted PB Ratio is 0.92 as of Aug. 02, 2026, which is at its 10-year median of 0.92. GuruFocus rates FFXDF with a GF Scoreâ„¢ of 56/100 and a GF Valueâ„¢ of $24.70 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 998 Asset Management companies, Fairfax India Holdings ranks worse than 54.81% on this metric.

As of today (2026-08-02), Fairfax India Holdings's current share price is $18.25. Fairfax India Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $19.80. Fairfax India Holdings's Cyclically Adjusted PB Ratio for today is 0.92.

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

FFXDF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.83   Med: 0.92   Max: 1.09
Current: 0.93

During the past years, Fairfax India Holdings's highest Cyclically Adjusted PB Ratio was 1.09. The lowest was 0.83. And the median was 0.92.

FFXDF's Cyclically Adjusted PB Ratio is ranked worse than
54.81% of 998 companies
in the Asset Management industry
Industry Median: 0.84 vs FFXDF: 0.93

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.

Fairfax India Holdings's adjusted book value per share data for the three months ended in Jun. 2026 was $20.740. 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 $19.80 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fairfax India Holdings  (OTCPK:FFXDF) 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.


Fairfax India Holdings Cyclically Adjusted PB Ratio Related Terms


Fairfax India Holdings Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Fairfax India Holdings'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.

Fairfax India Holdings Cyclically Adjusted PB Ratio Chart

Fairfax India Holdings 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 0.00 0.00 0.00 0.91 0.91

Fairfax India Holdings 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 1.01 0.92 0.91 0.83 0.92

FFXDF vs BLK, BX, KKR: Cyclically Adjusted PB Ratio Comparison

For the Asset Management subindustry, Fairfax India Holdings'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.


Fairfax India Holdings Cyclically Adjusted PB Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Fairfax India Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Fairfax India Holdings's Cyclically Adjusted PB Ratio falls into.


FFXDF
56GF Score
Fairfax India Holdings Corp FFXDF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fairfax India Holdings 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.

Fairfax India Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=18.25/19.80
=0.92

* 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.

Fairfax India Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Fairfax India Holdings'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)
=20.74/133.5265*133.5265
=20.740

Current CPI (Jun. 2026) = 133.5265.

Fairfax India Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201609 10.450 101.765 13.712
201612 10.254 101.449 13.496
201703 12.186 102.634 15.854
201706 14.078 103.029 18.245
201709 13.543 103.345 17.498
201712 14.464 103.345 18.688
201803 14.376 105.004 18.281
201806 13.258 105.557 16.771
201809 13.075 105.636 16.527
201812 13.855 105.399 17.552
201903 13.614 106.979 16.992
201906 13.296 107.690 16.486
201909 13.528 107.611 16.786
201912 16.889 107.769 20.926
202003 14.375 107.927 17.785
202006 14.747 108.401 18.165
202009 15.631 108.164 19.296
202012 16.371 108.559 20.136
202103 17.984 110.298 21.771
202106 19.262 111.720 23.022
202109 20.374 112.905 24.095
202112 19.647 113.774 23.058
202203 19.765 117.646 22.433
202206 18.498 120.806 20.446
202209 18.752 120.648 20.754
202212 19.108 120.964 21.092
202303 18.853 122.702 20.516
202306 20.103 124.203 21.612
202309 20.886 125.230 22.270
202312 21.852 125.072 23.329
202403 19.649 126.258 20.780
202406 21.524 127.522 22.538
202409 21.668 127.285 22.731
202412 20.962 127.364 21.976
202503 19.409 129.181 20.062
202506 21.426 129.892 22.026
202509 20.721 130.287 21.236
202512 22.945 130.366 23.501
202603 19.077 132.262 19.259
202606 20.740 133.527 20.740

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 0.92 mean?
Fairfax India Holdings (FFXDF) has a Cyclically Adjusted PB Ratio of 0.92 as of Aug. 02, 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 Fairfax India Holdings and its competitors. This is near median its historical median of 0.92. Over the past decade, Fairfax India Holdings' Cyclically Adjusted PB Ratio has ranged from 0.83 to 1.09. According to the industry distribution chart, Fairfax India Holdings ranks #547 out of 998 companies in the Asset Management industry, placing it in the top 54.8%.
Is Fairfax India Holdings' Cyclically Adjusted PB Ratio too high?
Fairfax India Holdings' current Cyclically Adjusted PB Ratio of 0.92 is near median its 10-year median of 0.92. Over the past 10 years, this metric has ranged from a low of 0.83 to a high of 1.09. The Asset Management industry median Cyclically Adjusted PB Ratio is 0.84. Fairfax India Holdings' value of 0.92 is 9.5% above this industry median. Based on the distribution chart, Fairfax India Holdings ranks #547 out of 998 companies in the Asset Management industry, which is below the industry midpoint. Overall, Fairfax India Holdings has a GF Scoreâ„¢ of 56/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fairfax India Holdings' Cyclically Adjusted PB Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Fairfax India Holdings ranks #547 out of 998 companies for Cyclically Adjusted PB Ratio. This places Fairfax India Holdings in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.84. Fairfax India Holdings' value of 0.92 is 9.5% above this benchmark. Historically, Fairfax India Holdings' own Cyclically Adjusted PB Ratio has ranged from 0.83 to 1.09 over the past decade. While the company's 10-year median is 0.92 vs. the industry median of 0.84, Fairfax India Holdings 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 an Asset Management company?
The median Cyclically Adjusted PB Ratio among Asset Management companies is 0.84, based on 998 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. Fairfax India Holdings's current Cyclically Adjusted PB Ratio of 0.92 is 9.5% 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 Fairfax India Holdings and its competitors. For the Asset Management industry, the median Cyclically Adjusted PB Ratio is 0.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fairfax India Holdings's current Cyclically Adjusted PB Ratio is 0.92, which is near median its own 10-year median of 0.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fairfax India Holdings stock overvalued right now?
Based on GuruFocus' analysis, Fairfax India Holdings (FFXDF) is currently considered Modestly Undervalued. The stock's GF Value™ is $24.70, compared to a current price of $18.25 — trading 26.1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.92, which is near median its 10-year median of 0.92 and 9.5% above the Asset Management industry median of 0.84. Fairfax India Holdings' overall GF Score™ is 56/100 with 4 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 Fairfax India Holdings (FFXDF), the current Cyclically Adjusted PB Ratio is 0.92 as of Aug. 02, 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 Fairfax India Holdings (FFXDF) Overvalued in 2026?

Based on GuruFocus' analysis, Fairfax India Holdings stock appears to be undervalued. The current stock price of $18.25 is trading 26.1% below its estimated GF Value™ of $24.70. GuruFocus considers Fairfax India Holdings to be Modestly Undervalued.

Key valuation signals for FFXDF:

  • Cyclically Adjusted PB Ratio: 0.92 (near median its 10-year median of 0.92)
  • GF Value™: $24.70 vs. price of $18.25 (26.1% below fair value)
  • GF Score™: 56/100 with 4 warning signs
  • Industry Position: 9.5% above the Asset Management median (#547 of 998)

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


Fairfax India Holdings Business Description

Other Exchanges F5X:GermanyFIH.U:Canada
Address 95 Wellington Street West, Suite 800, Toronto, ON, CAN, M5J 2N7
Fairfax India Holdings Corp is an investment holding company. The investment objective is to achieve long-term capital appreciation, while preserving capital, by investing in public and private equity securities and debt instruments in India and Indian businesses or other businesses with customers, suppliers, or business conducted in or dependent on India. It operates through investing in India and Indian investments segment and it earns income through the source of interest and dividends.
56GF Score

Get the complete analysis for FFXDF

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

$18.25
Price
$24.70
GF Value