Figeac Aero (FRA:1F1) Cyclically Adjusted PB Ratio: (As of Sep. 22, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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.

FRA:1F1 Figeac Aero SA FRA:1F1
78 GF Score
Price €10.42
GF Value €7.33
! 4 Warning Signs
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What is Figeac Aero Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Figeac Aero  (FRA:1F1) 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.


Figeac Aero Cyclically Adjusted PB Ratio Related Terms


Figeac Aero Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Figeac Aero'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.

Figeac Aero Cyclically Adjusted PB Ratio Chart

Figeac Aero Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.28 1.07 1.25 1.94 2.32

Figeac Aero Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 1.22 1.29 1.92 2.73 2.22

FRA:1F1 vs SPCX, GE, RTX: Cyclically Adjusted PB Ratio Comparison

For the Aerospace & Defense subindustry, Figeac Aero'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.


Figeac Aero Cyclically Adjusted PB Ratio vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Figeac Aero's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:1F1
78GF Score
Figeac Aero SA FRA:1F1
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Figeac Aero 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.

Figeac Aero's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar26 is calculated as:

For example, Figeac Aero's adjusted Book Value per Share data for the fiscal year that ended in Mar26 was:

Adj_Book=Book Value per Share/CPI of Mar26 (Change)*Current CPI (Mar26)
=1.955/122.4100*122.4100
=1.955

Current CPI (Mar26) = 122.4100.

Figeac Aero Annual Data

Book Value per Share CPI Adj_Book
201703 6.650 101.170 8.046
201803 6.305 102.750 7.511
201903 6.281 103.890 7.401
202003 4.413 104.590 5.165
202103 2.696 105.750 3.121
202203 1.188 110.490 1.316
202303 1.709 116.790 1.791
202403 1.410 119.470 1.445
202503 1.721 120.380 1.750
202603 1.955 122.410 1.955

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 Figeac Aero (FRA:1F1) Overvalued in 2026?

Based on GuruFocus' analysis, Figeac Aero stock appears to be overvalued. The current stock price of €10.42 is trading 42.2% above its estimated GF Value™ of €7.33.

Key valuation signals for FRA:1F1:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €7.33 vs. price of €10.42 (42.2% above fair value)
  • GF Score™: 78/100 with 4 warning signs

No single metric tells the full story. See the FRA:1F1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Figeac Aero Business Description

Address Industrial Zone Aiguille, Figeac, FRA, 46100
Figeac Aero SA is a manufacturer of aeronautical sub-assemblies. The company currently organizes its business into the following areas: Metal Processing, Surface Treatment, and Assembly. Under its Metal Processing division, the company produces light alloy (aluminium) and hard metal (titanium, Inconel and steel) aerospace parts. The company offers a wide range of services under its Surface Treatment division such as chemical machining, sandblasting, polishing, heat treatment, among others. It offers assembly services to its customers as a logical complement to its aerospace industry component parts production.
78GF Score

Get the complete analysis for FRA:1F1

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

€10.42
Price
€7.33
GF Value