FKRAF (Fiskars Oyj) Cyclically Adjusted PB Ratio: 1.09 (As of Aug. 31, 2026) — 13% Below Median

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FKRAF Fiskars Oyj FKRAF
68 GF Score
Price $15.76
GF Value $16.94
Valuation Fairly Valued
! 8 Warning Signs
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What is Fiskars Oyj Cyclically Adjusted PB Ratio?

Fiskars Oyj FKRAF 68 Cyclically Adjusted PB Ratio is 1.09 as of Aug. 31, 2026, which is 13% below its 10-year median of 1.25. GuruFocus rates FKRAF with a GF Score™ of 68/100 and a GF Value™ of $16.94 (Fairly Valued). The stock has 8 warning signs investors should review. Among 312 Furnishings, Fixtures & Appliances companies, Fiskars Oyj ranks better than 51.92% on this metric.

As of today (2026-08-31), Fiskars Oyj's current share price is $15.7584. Fiskars Oyj's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $14.48. Fiskars Oyj's Cyclically Adjusted PB Ratio for today is 1.09.

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

FKRAF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.74   Med: 1.25   Max: 1.97
Current: 1.13

During the past years, Fiskars Oyj's highest Cyclically Adjusted PB Ratio was 1.97. The lowest was 0.74. And the median was 1.25.

FKRAF's Cyclically Adjusted PB Ratio is ranked better than
51.92% of 312 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.15 vs FKRAF: 1.13

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.

Fiskars Oyj's adjusted book value per share data for the three months ended in Jun. 2026 was $9.225. 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 $14.48 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fiskars Oyj  (OTCPK:FKRAF) 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.


Fiskars Oyj Cyclically Adjusted PB Ratio Related Terms


Fiskars Oyj Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Fiskars Oyj'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.

Fiskars Oyj Cyclically Adjusted PB Ratio Chart

Fiskars Oyj 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 1.94 1.17 1.30 1.10 0.99

Fiskars Oyj 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 1.09 0.94 0.99 0.95 1.05

FKRAF vs SN, SGI, MHK: Cyclically Adjusted PB Ratio Comparison

For the Furnishings, Fixtures & Appliances subindustry, Fiskars Oyj'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.


Fiskars Oyj Cyclically Adjusted PB Ratio vs Furnishings, Fixtures & Appliances Industry

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

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


FKRAF
68GF Score
Fiskars Oyj FKRAF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fiskars Oyj 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.

Fiskars Oyj's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=15.7584/14.48
=1.09

* 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.

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

For example, Fiskars Oyj'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)
=9.225/125.0800*125.0800
=9.225

Current CPI (Jun. 2026) = 125.0800.

Fiskars Oyj Quarterly Data

Book Value per Share CPI Adj_Book
201609 15.973 100.540 19.872
201612 15.724 101.020 19.469
201703 15.960 100.910 19.783
201706 16.874 101.140 20.868
201709 19.235 101.320 23.746
201712 18.384 101.510 22.653
201803 18.669 101.730 22.954
201806 17.584 102.320 21.495
201809 17.969 102.600 21.906
201812 16.832 102.710 20.498
201903 16.904 102.870 20.554
201906 10.497 103.360 12.703
201909 10.109 103.540 12.212
201912 10.374 103.650 12.519
202003 10.063 103.490 12.162
202006 10.397 103.320 12.587
202009 10.693 103.710 12.896
202012 11.317 103.890 13.625
202103 10.594 104.870 12.636
202106 11.165 105.360 13.255
202109 11.386 106.290 13.399
202112 11.262 107.490 13.105
202203 10.588 110.950 11.936
202206 10.609 113.570 11.684
202209 10.328 114.920 11.241
202212 10.777 117.320 11.490
202303 10.393 119.750 10.856
202306 10.520 120.690 10.903
202309 10.547 121.280 10.877
202312 11.066 121.540 11.388
202403 10.154 122.360 10.380
202406 10.030 122.230 10.264
202409 10.242 122.260 10.478
202412 10.258 122.390 10.483
202503 9.440 123.010 9.599
202506 9.811 122.530 10.015
202509 10.036 122.880 10.216
202512 10.320 122.670 10.523
202603 9.374 124.670 9.405
202606 9.225 125.080 9.225

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 1.09 mean?
Fiskars Oyj (FKRAF) has a Cyclically Adjusted PB Ratio of 1.09 as of Aug. 31, 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 Fiskars Oyj and its competitors. This is 13% below median its historical median of 1.25. Over the past decade, Fiskars Oyj's Cyclically Adjusted PB Ratio has ranged from 0.74 to 1.97. According to the industry distribution chart, Fiskars Oyj ranks #150 out of 312 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 48.1%.
Is Fiskars Oyj's Cyclically Adjusted PB Ratio too high?
Fiskars Oyj's current Cyclically Adjusted PB Ratio of 1.09 is 13% below median its 10-year median of 1.25. Over the past 10 years, this metric has ranged from a low of 0.74 to a high of 1.97. The Furnishings, Fixtures & Appliances industry median Cyclically Adjusted PB Ratio is 1.15. Fiskars Oyj's value of 1.09 is 5.2% below this industry median. Based on the distribution chart, Fiskars Oyj ranks #150 out of 312 companies in the Furnishings, Fixtures & Appliances industry, which is above the industry midpoint. Overall, Fiskars Oyj has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Fiskars Oyj's Cyclically Adjusted PB Ratio compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Fiskars Oyj ranks #150 out of 312 companies for Cyclically Adjusted PB Ratio. This puts Fiskars Oyj in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.15. Fiskars Oyj's value of 1.09 is 5.2% below this benchmark. Historically, Fiskars Oyj's own Cyclically Adjusted PB Ratio has ranged from 0.74 to 1.97 over the past decade. While the company's 10-year median is 1.25 vs. the industry median of 1.15, Fiskars Oyj 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 Furnishings, Fixtures & Appliances company?
The median Cyclically Adjusted PB Ratio among Furnishings, Fixtures & Appliances companies is 1.15, based on 312 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. Fiskars Oyj's current Cyclically Adjusted PB Ratio of 1.09 is 5.2% 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 Fiskars Oyj and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Cyclically Adjusted PB Ratio is 1.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fiskars Oyj's current Cyclically Adjusted PB Ratio is 1.09, which is 13% below median its own 10-year median of 1.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fiskars Oyj stock overvalued right now?
Based on GuruFocus' analysis, Fiskars Oyj (FKRAF) is currently considered Fairly Valued. The stock's GF Value™ is $16.94, compared to a current price of $15.76 — trading 7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.09, which is 13% below median its 10-year median of 1.25 and 5.2% below the Furnishings, Fixtures & Appliances industry median of 1.15. Fiskars Oyj's overall GF Score™ is 68/100 with 8 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 Fiskars Oyj (FKRAF), the current Cyclically Adjusted PB Ratio is 1.09 as of Aug. 31, 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 Fiskars Oyj (FKRAF) Overvalued in 2026?

Based on GuruFocus' analysis, Fiskars Oyj stock appears to be undervalued. The current stock price of $15.76 is trading 7% below its estimated GF Value™ of $16.94. GuruFocus considers Fiskars Oyj to be Fairly Valued.

Key valuation signals for FKRAF:

  • Cyclically Adjusted PB Ratio: 1.09 (13% below median its 10-year median of 1.25)
  • GF Value™: $16.94 vs. price of $15.76 (7% below fair value)
  • GF Score™: 68/100 with 8 warning signs
  • Industry Position: 5.2% below the Furnishings, Fixtures & Appliances median (#150 of 312)

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


Fiskars Oyj Business Description

Address Keilaniementie 10, P.O. Box 91, Espoo, FIN, FI-02151
Fiskars Oyj is the home of design-driven brands for indoor and outdoor living. The company is organized into two business areas: Vita and Fiskars. The business area Vita offers premium and luxury products for the tableware, drinkware, jewelry, and interior categories. It comprises brands such as Iittala, Georg Jensen, Royal Copenhagen, Moomin Arabia, and Wedgwood. The business area Fiskars comprises the gardening, watering, and outdoor categories, as well as the scissors, creating, and cooking categories. The brands include Fiskars and Gerber. Fiskars Group's reporting segments are: Vita, Fiskars, and Other. The company's brands are present in more than 100 countries in Asia-Pacific, Europe, and the Americas.
68GF Score

Get the complete analysis for FKRAF

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

$15.76
Price
$16.94
GF Value