FLUIF (Fluidra) Cyclically Adjusted PB Ratio: 3.36 (As of Jul. 25, 2026) — 12% Below Median

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Director of Data and Quant Analytics at GuruFocus
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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.

FLUIF Fluidra SA FLUIF
81 GF Score
Price $25.19
GF Value $32.07
! 3 Warning Signs
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What is Fluidra Cyclically Adjusted PB Ratio?

Fluidra FLUIF 81 Cyclically Adjusted PB Ratio is 3.36 as of Jul. 25, 2026, which is 12% below its 10-year median of 3.80. GuruFocus rates FLUIF with a GF Score™ of 81/100 and a GF Value™ of $32.07. The stock has 3 warning signs investors should review. Among 646 Travel & Leisure companies, Fluidra ranks worse than 76.32% on this metric.

As of today (2026-07-25), Fluidra's current share price is $25.19. Fluidra's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was $7.49. Fluidra's Cyclically Adjusted PB Ratio for today is 3.36.

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

FLUIF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.85   Med: 3.8   Max: 4.74
Current: 2.85

During the past years, Fluidra's highest Cyclically Adjusted PB Ratio was 4.74. The lowest was 2.85. And the median was 3.80.

FLUIF's Cyclically Adjusted PB Ratio is ranked worse than
76.32% of 646 companies
in the Travel & Leisure industry
Industry Median: 1.2 vs FLUIF: 2.85

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.

Fluidra's adjusted book value per share data for the three months ended in Dec. 2025 was $9.816. 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 $7.49 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fluidra  (OTCPK:FLUIF) 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.


Fluidra Cyclically Adjusted PB Ratio Related Terms


Fluidra Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Fluidra'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.

Fluidra Cyclically Adjusted PB Ratio Chart

Fluidra 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 4.16 3.64

Fluidra Quarterly Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 4.16 3.70 3.50 3.74 3.64

FLUIF vs AS, HAS, LTH: Cyclically Adjusted PB Ratio Comparison

For the Leisure subindustry, Fluidra'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.


Fluidra Cyclically Adjusted PB Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Fluidra's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FLUIF
81GF Score
Fluidra SA FLUIF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Fluidra 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.

Fluidra's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=25.19/7.49
=3.36

* 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.

Fluidra's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, Fluidra's adjusted Book Value per Share data for the three months ended in Dec. 2025 was:

Adj_Book=Book Value per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=9.816/128.4000*128.4000
=9.816

Current CPI (Dec. 2025) = 128.4000.

Fluidra Quarterly Data

Book Value per Share CPI Adj_Book
200912 3.812 93.169 5.253
201006 3.416 94.114 4.660
201012 3.715 95.953 4.971
201106 4.223 97.111 5.584
201112 3.815 98.235 4.986
201206 3.838 98.952 4.980
201212 3.761 101.052 4.779
201306 3.791 100.994 4.820
201312 3.537 101.306 4.483
201406 3.750 101.081 4.764
201412 3.353 100.251 4.294
201506 3.257 101.138 4.135
201512 3.081 100.268 3.945
201606 3.277 100.333 4.194
201612 3.095 101.842 3.902
201706 3.455 101.848 4.356
201709 0.000 101.524 0.000
201712 3.558 102.975 4.436
201806 3.841 104.165 4.735
201809 0.000 103.818 0.000
201812 8.423 104.193 10.380
201906 8.414 104.612 10.327
201912 8.243 105.015 10.079
202006 8.637 104.254 10.637
202012 8.916 104.456 10.960
202106 9.385 107.102 11.251
202112 9.608 111.298 11.084
202206 9.694 118.044 10.544
202212 9.493 117.650 10.360
202306 9.012 120.278 9.621
202309 0.000 121.343 0.000
202312 9.006 121.300 9.533
202403 0.000 122.762 0.000
202406 9.125 124.409 9.418
202409 9.163 123.121 9.556
202412 9.085 124.753 9.351
202503 9.410 125.531 9.625
202506 9.389 127.251 9.474
202509 9.727 126.840 9.847
202512 9.816 128.400 9.816

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 3.36 mean?
Fluidra (FLUIF) has a Cyclically Adjusted PB Ratio of 3.36 as of Jul. 25, 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 Fluidra and its competitors. This is 12% below median its historical median of 3.80. Over the past decade, Fluidra's Cyclically Adjusted PB Ratio has ranged from 2.85 to 4.74. According to the industry distribution chart, Fluidra ranks #493 out of 646 companies in the Travel & Leisure industry, placing it in the top 76.3%.
Is Fluidra's Cyclically Adjusted PB Ratio too high?
Fluidra's current Cyclically Adjusted PB Ratio of 3.36 is 12% below median its 10-year median of 3.80. Over the past 10 years, this metric has ranged from a low of 2.85 to a high of 4.74. The Travel & Leisure industry median Cyclically Adjusted PB Ratio is 1.20. Fluidra's value of 3.36 is 180% above this industry median. Based on the distribution chart, Fluidra ranks #493 out of 646 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Fluidra has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does Fluidra's Cyclically Adjusted PB Ratio compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Fluidra ranks #493 out of 646 companies for Cyclically Adjusted PB Ratio. This places Fluidra in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.20. Fluidra's value of 3.36 is 180% above this benchmark. Historically, Fluidra's own Cyclically Adjusted PB Ratio has ranged from 2.85 to 4.74 over the past decade. While the company's 10-year median is 3.80 vs. the industry median of 1.20, Fluidra 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 Travel & Leisure company?
The median Cyclically Adjusted PB Ratio among Travel & Leisure companies is 1.20, based on 646 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. Fluidra's current Cyclically Adjusted PB Ratio of 3.36 is 180% 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 Fluidra and its competitors. For the Travel & Leisure industry, the median Cyclically Adjusted PB Ratio is 1.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fluidra's current Cyclically Adjusted PB Ratio is 3.36, which is 12% below median its own 10-year median of 3.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fluidra stock overvalued right now?
Fluidra (FLUIF) has a current Cyclically Adjusted PB Ratio of 3.36. The stock's GF Value™ is $32.07, compared to a current price of $25.19 — trading 21.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.36, which is 12% below median its 10-year median of 3.80 and 180% above the Travel & Leisure industry median of 1.20. Fluidra's overall GF Score™ is 81/100 with 3 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 Fluidra (FLUIF), the current Cyclically Adjusted PB Ratio is 3.36 as of Jul. 25, 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 Fluidra (FLUIF) Overvalued in 2026?

Based on GuruFocus' analysis, Fluidra stock appears to be undervalued. The current stock price of $25.19 is trading 21.5% below its estimated GF Value™ of $32.07.

Key valuation signals for FLUIF:

  • Cyclically Adjusted PB Ratio: 3.36 (12% below median its 10-year median of 3.80)
  • GF Value™: $32.07 vs. price of $25.19 (21.5% below fair value)
  • GF Score™: 81/100 with 3 warning signs
  • Industry Position: 180% above the Travel & Leisure median (#493 of 646)

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


Fluidra Business Description

Address Avenida Alcalde Barnils, 69, Sant Cugat del Valles, Barcelona, ESP, 08174
Fluidra SA is engaged in the pool and wellness business, as well as irrigation, industrial, and others. The company is responsible for manufacturing and distributing all the components required for the construction, renovation, improvement, and maintenance of residential and commercial pools. Also, in some southern European countries, the company supplements its core pool and wellness business with irrigation and landscaping accessories for gardens that are often adjacent to pools The Business Divisions of the company are EMEA, North America, and APAC.
81GF Score

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

$25.19
Price
$32.07
GF Value