FICO (Fair Isaac) Cyclically Adjusted PB Ratio: (As of Aug. 20, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FICO Fair Isaac Corp FICO
86 GF Score
Price $1,161.59
GF Value $2,239.58
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Fair Isaac Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Fair Isaac  (NYSE:FICO) 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.


Fair Isaac Cyclically Adjusted PB Ratio Related Terms


Fair Isaac Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Fair Isaac'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.

Fair Isaac Cyclically Adjusted PB Ratio Chart

Fair Isaac Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.98 41.68 164.54 24,459.80 0.00

Fair Isaac 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 0.00 0.00 0.00 0.00 0.00

FICO vs ZM, WDAY, MSTR: Cyclically Adjusted PB Ratio Comparison

For the Software - Application subindustry, Fair Isaac'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.


Fair Isaac Cyclically Adjusted PB Ratio vs Software Industry

For the Software industry and Technology sector, Fair Isaac's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FICO
86GF Score
Fair Isaac Corp FICO
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Fair Isaac 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.

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

For example, Fair Isaac'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)
=-189.7/333.9520*333.9520
=-189.700

Current CPI (Jun. 2026) = 333.9520.

Fair Isaac Quarterly Data

Book Value per Share CPI Adj_Book
201609 14.444 241.428 19.979
201612 13.541 241.432 18.730
201703 13.794 243.801 18.895
201706 14.087 244.955 19.205
201709 14.104 246.819 19.083
201712 12.750 246.524 17.272
201803 12.425 249.554 16.627
201806 10.050 251.989 13.319
201809 9.906 252.439 13.105
201812 7.843 251.233 10.425
201903 8.517 254.202 11.189
201906 9.274 256.143 12.091
201909 10.011 256.759 13.021
201912 8.256 256.974 10.729
202003 7.364 258.115 9.528
202006 8.527 257.797 11.046
202009 11.379 260.280 14.600
202012 11.086 260.474 14.213
202103 7.746 264.877 9.766
202106 4.398 271.696 5.406
202109 -4.024 274.310 -4.899
202112 -20.306 278.802 -24.323
202203 -25.534 287.504 -29.659
202206 -33.561 296.311 -37.824
202209 -31.881 296.808 -35.871
202212 -31.886 296.797 -35.878
202303 -30.812 301.836 -34.090
202306 -28.281 305.109 -30.954
202309 -27.775 307.789 -30.136
202312 -29.172 306.746 -31.759
202403 -29.720 312.332 -31.777
202406 -33.761 314.175 -35.886
202409 -39.467 315.301 -41.802
202412 -46.564 315.605 -49.271
202503 -46.159 319.799 -48.202
202506 -57.995 322.561 -60.043
202509 -73.463 324.800 -75.533
202512 -76.090 324.054 -78.414
202603 -90.219 330.213 -91.241
202606 -189.700 333.952 -189.700

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.

Is Fair Isaac (FICO) Overvalued in 2026?

Based on GuruFocus' analysis, Fair Isaac stock appears to be undervalued. The current stock price of $1,161.59 is trading 48.1% below its estimated GF Value™ of $2,239.58. GuruFocus considers Fair Isaac to be Significantly Undervalued.

Key valuation signals for FICO:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: $2,239.58 vs. price of $1,161.59 (48.1% below fair value)
  • GF Score™: 86/100 with 2 warning signs

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


Fair Isaac Business Description

Address 5 West Mendenhall, Suite 105, Bozeman, MT, USA, 59715
Founded in 1956, Fair Isaac Corporation is a leading applied analytics company. Fair Isaac is primarily known for its FICO credit scores, which is a widely used industry benchmark to determine the creditworthiness of an individual consumer. The firm's US-centric credit scores business accounts for most of the firm's revenue and profits and consists of business-to-business and business-to-consumer services. In addition to scores, Fair Isaac also sells software primarily to financial institutions for areas such as analytics, decision-making, customer workflows, and fraud.
86GF Score

Get the complete analysis for FICO

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

$1,161.59
Price
$2,239.58
GF Value