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Morgan Sindall GroupFRA:0KN -0.97%88 Cyclically Adjusted PB Ratio is 3.75 as of Aug. 11, 2026, which is 62% above its 10-year median of 2.31. GuruFocus rates FRA:0KN with a GF Score™ of 88/100 and a GF Value™ of €48.55 (Fairly Valued). Among 1,343 Construction companies, Morgan Sindall Group ranks worse than 84.51% on this metric.
The historical rank and industry rank for Morgan Sindall Group's Cyclically Adjusted PB Ratio or its related term are showing as below:
FRA:0KN'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.28 Med: 2.31 Max: 4.68
Current: 3.8
During the past 13 years, Morgan Sindall Group's highest Cyclically Adjusted PB Ratio was 4.68. The lowest was 1.28. And the median was 2.31.
FRA:0KN's Cyclically Adjusted PB Ratio is ranked worse than 84.51% of 1343
companies
in the Construction industry
Industry Median: 1.17
vs FRA:0KN: 3.80
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.
Morgan Sindall Group's adjusted book value per share data of for the fiscal year that ended in Dec25 was €18.352. 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 €13.60 for the trailing ten years ended in Dec25.
Shiller PE for Stocks: The True Measure of Stock Valuation
Morgan Sindall Group (FRA:0KN) 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.
Morgan Sindall Group Cyclically Adjusted PB Ratio Related Terms
Morgan Sindall Group Cyclically Adjusted PB Ratio Historical Data
* Premium members only.
The historical data trend for Morgan Sindall Group'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.
Morgan Sindall Group Cyclically Adjusted PB Ratio Chart
FRA:0KN vs PWR, FIX, EME: Cyclically Adjusted PB Ratio Comparison
For the Engineering & Construction subindustry, Morgan Sindall Group'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.
Morgan Sindall Group Cyclically Adjusted PB Ratio vs Construction Industry
For the Construction industry and Industrials sector, Morgan Sindall Group's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Morgan Sindall Group's Cyclically Adjusted PB Ratio falls into.
Morgan Sindall Group 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.
* 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.
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 3.75 mean?
Morgan Sindall Group (FRA:0KN) has a Cyclically Adjusted PB Ratio of 3.75 as of Aug. 11, 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 Morgan Sindall Group and its competitors. This is 62% above median its historical median of 2.31. Over the past decade, Morgan Sindall Group's Cyclically Adjusted PB Ratio has ranged from 1.28 to 4.68. According to the industry distribution chart, Morgan Sindall Group ranks #1135 out of 1343 companies in the Construction industry, placing it in the top 84.5%.
Is Morgan Sindall Group's Cyclically Adjusted PB Ratio too high?
Morgan Sindall Group's current Cyclically Adjusted PB Ratio of 3.75 is 62% above median its 10-year median of 2.31. Over the past 10 years, this metric has ranged from a low of 1.28 to a high of 4.68. The Construction industry median Cyclically Adjusted PB Ratio is 1.17. Morgan Sindall Group's value of 3.75 is 220.5% above this industry median. Based on the distribution chart, Morgan Sindall Group ranks #1135 out of 1343 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Morgan Sindall Group has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Morgan Sindall Group's Cyclically Adjusted PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Morgan Sindall Group ranks #1135 out of 1343 companies for Cyclically Adjusted PB Ratio. This places Morgan Sindall Group in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.17. Morgan Sindall Group's value of 3.75 is 220.5% above this benchmark. Historically, Morgan Sindall Group's own Cyclically Adjusted PB Ratio has ranged from 1.28 to 4.68 over the past decade. While the company's 10-year median is 2.31 vs. the industry median of 1.17, Morgan Sindall Group 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 Construction company?
The median Cyclically Adjusted PB Ratio among Construction companies is 1.17, based on 1,343 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. Morgan Sindall Group's current Cyclically Adjusted PB Ratio of 3.75 is 220.5% 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 Morgan Sindall Group and its competitors. For the Construction industry, the median Cyclically Adjusted PB Ratio is 1.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Morgan Sindall Group's current Cyclically Adjusted PB Ratio is 3.75, which is 62% above median its own 10-year median of 2.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Morgan Sindall Group stock overvalued right now?
Based on GuruFocus' analysis, Morgan Sindall Group (FRA:0KN) is currently considered Fairly Valued. The stock's GF Value™ is €48.55, compared to a current price of €51.00 — trading 5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.75, which is 62% above median its 10-year median of 2.31 and 220.5% above the Construction industry median of 1.17. Morgan Sindall Group's overall GF Score™ is 88/100. 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 Morgan Sindall Group (FRA:0KN), the current Cyclically Adjusted PB Ratio is 3.75 as of Aug. 11, 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 Morgan Sindall Group (FRA:0KN) Overvalued in 2026?
Based on GuruFocus' analysis, Morgan Sindall Group stock appears to be overvalued.
The current stock price of €51.00 is trading 5% above its estimated GF Value™ of €48.55.
GuruFocus considers Morgan Sindall Group to be Fairly Valued.
Key valuation signals for FRA:0KN:
Cyclically Adjusted PB Ratio: 3.75 (62% above median its 10-year median of 2.31)
GF Value™: €48.55 vs. price of €51.00 (5% above fair value)
Industry Position: 220.5% above the Construction median (#1135 of 1343)
No single metric tells the full story. See the FRA:0KN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Morgan Sindall Group PLC is a construction and regeneration company in the United Kingdom. The business segments are Partnership Housing, Mixed Use Partnership, Fit Out, Construction, Infrastructure, and Property Services. The company offers services to commercial, defense, education, energy, healthcare, industrial, leisure, retail, transportation, and water markets. Group serves both the public and private sectors. It derives the majority of revenue from the Fit Out segment. The Fit Out segment includes Overbury plc, which specialises in fit out and refurbishment in commercial, central, and local government offices and further education. Morgan Lovell plc provides office interior design and build services directly to occupiers.
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