Rathbones Group (FRA:0U5) Cyclically Adjusted PB Ratio: (As of Sep. 07, 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.
Reviewed by: Charlie Tian Charlie Tian
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.

FRA:0U5 Rathbones Group PLC FRA:0U5
74 GF Score
Price €18.80
GF Value €22.34
! 1 Warning Sign
View Full Analysis

What is Rathbones Group Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Rathbones Group  (FRA:0U5) 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.


Rathbones Group Cyclically Adjusted PB Ratio Related Terms


Rathbones Group Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Rathbones 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.

Rathbones Group Cyclically Adjusted PB Ratio Chart

Rathbones Group 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 2.53 2.28 1.76 1.54 1.66

Rathbones Group Quarterly Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 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 1.54 0.00 1.66 0.00

FRA:0U5 vs : Cyclically Adjusted PB Ratio Comparison

For the Asset Management subindustry, Rathbones 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.


Rathbones Group Cyclically Adjusted PB Ratio vs Asset Management Industry

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

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


FRA:0U5
74GF Score
Rathbones Group PLC FRA:0U5
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Rathbones 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.

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

For example, Rathbones Group'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)
=12.922/333.9520*333.9520
=12.922

Current CPI (Jun. 2026) = 333.9520.

Rathbones Group Quarterly Data

Book Value per Share CPI Adj_Book
200612 3.764 201.800 6.229
200706 4.077 208.352 6.535
200712 4.328 210.036 6.881
200806 4.217 218.815 6.436
200812 4.313 210.228 6.851
200906 3.988 215.693 6.175
200912 4.215 215.949 6.518
201006 4.053 217.965 6.210
201012 4.274 219.179 6.512
201106 4.394 225.722 6.501
201112 4.382 225.672 6.485
201206 4.468 229.478 6.502
201212 4.999 229.601 7.271
201306 5.357 233.504 7.661
201312 5.428 233.049 7.778
201406 5.802 238.343 8.129
201412 5.713 234.812 8.125
201506 5.923 238.638 8.289
201512 6.243 236.525 8.815
201606 5.828 241.018 8.075
201612 6.410 241.432 8.866
201706 6.772 244.955 9.232
201712 7.081 246.524 9.592
201806 8.406 251.989 11.140
201812 8.407 251.233 11.175
201906 8.810 256.143 11.486
201912 8.768 256.974 11.395
202006 9.034 257.797 11.703
202012 8.938 260.474 11.459
202106 9.687 271.696 11.907
202112 10.052 278.802 12.040
202206 9.929 296.311 11.190
202212 10.013 296.797 11.266
202306 9.748 305.109 10.670
202312 13.030 306.746 14.186
202406 13.189 314.175 14.019
202412 13.140 315.605 13.904
202506 12.862 322.561 13.316
202512 13.072 324.054 13.471
202606 12.922 333.952 12.922

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 Rathbones Group (FRA:0U5) Overvalued in 2026?

Based on GuruFocus' analysis, Rathbones Group stock appears to be undervalued. The current stock price of €18.80 is trading 15.8% below its estimated GF Value™ of €22.34.

Key valuation signals for FRA:0U5:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €22.34 vs. price of €18.80 (15.8% below fair value)
  • GF Score™: 74/100 with 1 warning sign

No single metric tells the full story. See the FRA:0U5 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Rathbones Group Business Description

Comparable Companies
Other Exchanges RATl:UKRAT:UK
Address 30 Gresham Street, London, GBR, EC2V 7QN
Rathbones Group PLC provides investment and wealth management services to private clients, charities, trustees, and professional partners. The group also provides other banking, financial advisory, tax, legal, and trust services. Alongside investment management services, the company provides unit trust and multi-asset fund products sold through intermediaries to the retail sector.
74GF Score

Get the complete analysis for FRA:0U5

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

€18.80
Price
€22.34
GF Value