Gatekeeper Systems (FRA:1GK) Cyclically Adjusted PB Ratio: 10.70 (As of Aug. 29, 2026) — 80% Above Median

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FRA:1GK Gatekeeper Systems Inc FRA:1GK
67 GF Score
Price €1.07
GF Value €0.44
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Gatekeeper Systems Cyclically Adjusted PB Ratio?

Gatekeeper Systems FRA:1GK -3.78% 67 Cyclically Adjusted PB Ratio is 10.70 as of Aug. 29, 2026, which is 80% above its 10-year median of 5.93. GuruFocus rates FRA:1GK with a GF Score™ of 67/100 and a GF Value™ of €0.44 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 690 Business Services companies, Gatekeeper Systems ranks worse than 96.67% on this metric.

As of today (2026-08-29), Gatekeeper Systems's current share price is €1.07. Gatekeeper Systems's Cyclically Adjusted Book per Share for the quarter that ended in May. 2026 was €0.10. Gatekeeper Systems's Cyclically Adjusted PB Ratio for today is 10.70.

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

FRA:1GK' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.44   Med: 5.93   Max: 21.85
Current: 11.19

During the past years, Gatekeeper Systems's highest Cyclically Adjusted PB Ratio was 21.85. The lowest was 2.44. And the median was 5.93.

FRA:1GK's Cyclically Adjusted PB Ratio is ranked worse than
96.67% of 690 companies
in the Business Services industry
Industry Median: 1.495 vs FRA:1GK: 11.19

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.

Gatekeeper Systems's adjusted book value per share data for the three months ended in May. 2026 was €0.226. 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 €0.10 for the trailing ten years ended in May. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gatekeeper Systems  (FRA:1GK) 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.


Gatekeeper Systems Cyclically Adjusted PB Ratio Related Terms


Gatekeeper Systems Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Gatekeeper Systems'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.

Gatekeeper Systems Cyclically Adjusted PB Ratio Chart

Gatekeeper Systems Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.99 3.52 3.70 4.37 13.28

Gatekeeper Systems Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 4.77 13.28 16.76 10.26 7.71

FRA:1GK vs ALLE, MSA, ADT: Cyclically Adjusted PB Ratio Comparison

For the Security & Protection Services subindustry, Gatekeeper Systems'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.


Gatekeeper Systems Cyclically Adjusted PB Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, Gatekeeper Systems's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:1GK
67GF Score
Gatekeeper Systems Inc FRA:1GK
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gatekeeper Systems 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.

Gatekeeper Systems's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.07/0.10
=10.70

* 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.

Gatekeeper Systems's Cyclically Adjusted Book per Share for the quarter that ended in May. 2026 is calculated as:

For example, Gatekeeper Systems's adjusted Book Value per Share data for the three months ended in May. 2026 was:

Adj_Book=Book Value per Share/CPI of May. 2026 (Change)*Current CPI (May. 2026)
=0.226/134.0005*134.0005
=0.226

Current CPI (May. 2026) = 134.0005.

Gatekeeper Systems Quarterly Data

Book Value per Share CPI Adj_Book
201608 0.038 101.686 0.050
201611 0.036 101.607 0.047
201702 0.036 102.476 0.047
201705 0.060 103.108 0.078
201708 0.062 103.108 0.081
201711 0.060 103.740 0.078
201802 0.054 104.688 0.069
201805 0.055 105.399 0.070
201808 0.053 106.031 0.067
201811 0.049 105.478 0.062
201902 0.045 106.268 0.057
201905 0.050 107.927 0.062
201908 0.053 108.085 0.066
201911 0.054 107.769 0.067
202002 0.055 108.559 0.068
202005 0.063 107.532 0.079
202008 0.077 108.243 0.095
202011 0.081 108.796 0.100
202102 0.079 109.745 0.096
202105 0.082 111.404 0.099
202108 0.075 112.668 0.089
202111 0.087 113.932 0.102
202202 0.084 115.986 0.097
202205 0.087 120.016 0.097
202208 0.105 120.569 0.117
202211 0.099 121.675 0.109
202302 0.109 122.070 0.120
202305 0.111 124.045 0.120
202308 0.117 125.389 0.125
202311 0.133 125.468 0.142
202402 0.145 125.468 0.155
202405 0.139 127.601 0.146
202408 0.129 127.838 0.135
202411 0.135 127.838 0.142
202502 0.128 128.786 0.133
202505 0.119 129.813 0.123
202508 0.156 130.208 0.161
202511 0.211 130.682 0.216
202602 0.217 131.077 0.222
202605 0.226 134.001 0.226

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 10.70 mean?
Gatekeeper Systems (FRA:1GK) has a Cyclically Adjusted PB Ratio of 10.70 as of Aug. 29, 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 Gatekeeper Systems and its competitors. This is 80% above median its historical median of 5.93. Over the past decade, Gatekeeper Systems' Cyclically Adjusted PB Ratio has ranged from 2.44 to 21.85. According to the industry distribution chart, Gatekeeper Systems ranks #667 out of 690 companies in the Business Services industry, placing it in the top 96.7%.
Is Gatekeeper Systems' Cyclically Adjusted PB Ratio too high?
Gatekeeper Systems' current Cyclically Adjusted PB Ratio of 10.70 is 80% above median its 10-year median of 5.93. Over the past 10 years, this metric has ranged from a low of 2.44 to a high of 21.85. The Business Services industry median Cyclically Adjusted PB Ratio is 1.50. Gatekeeper Systems' value of 10.70 is 615.7% above this industry median. Based on the distribution chart, Gatekeeper Systems ranks #667 out of 690 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Gatekeeper Systems has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Gatekeeper Systems' Cyclically Adjusted PB Ratio compare to ALLE and MSA?
According to the Business Services industry distribution chart, Gatekeeper Systems ranks #667 out of 690 companies for Cyclically Adjusted PB Ratio. This places Gatekeeper Systems in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.50. Gatekeeper Systems' value of 10.70 is 615.7% above this benchmark. Historically, Gatekeeper Systems' own Cyclically Adjusted PB Ratio has ranged from 2.44 to 21.85 over the past decade. While the company's 10-year median is 5.93 vs. the industry median of 1.50, Gatekeeper Systems 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 Business Services company?
The median Cyclically Adjusted PB Ratio among Business Services companies is 1.50, based on 690 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. Gatekeeper Systems's current Cyclically Adjusted PB Ratio of 10.70 is 615.7% 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 Gatekeeper Systems and its competitors. For the Business Services industry, the median Cyclically Adjusted PB Ratio is 1.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gatekeeper Systems's current Cyclically Adjusted PB Ratio is 10.70, which is 80% above median its own 10-year median of 5.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gatekeeper Systems stock overvalued right now?
Based on GuruFocus' analysis, Gatekeeper Systems (FRA:1GK) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.44, compared to a current price of €1.07 — trading 143.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 10.70, which is 80% above median its 10-year median of 5.93 and 615.7% above the Business Services industry median of 1.50. Gatekeeper Systems' overall GF Score™ is 67/100 with 2 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 Gatekeeper Systems (FRA:1GK), the current Cyclically Adjusted PB Ratio is 10.70 as of Aug. 29, 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 Gatekeeper Systems (FRA:1GK) Overvalued in 2026?

Based on GuruFocus' analysis, Gatekeeper Systems stock appears to be overvalued. The current stock price of €1.07 is trading 143.2% above its estimated GF Value™ of €0.44. GuruFocus considers Gatekeeper Systems to be Significantly Overvalued.

Key valuation signals for FRA:1GK:

  • Cyclically Adjusted PB Ratio: 10.70 (80% above median its 10-year median of 5.93)
  • GF Value™: €0.44 vs. price of €1.07 (143.2% above fair value)
  • GF Score™: 67/100 with 2 warning signs
  • Industry Position: 615.7% above the Business Services median (#667 of 690)

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


Gatekeeper Systems Business Description

Other Exchanges GKPRF:USAGSI:Canada
Address 31127 Wheel Avenue, Suite 301, Abbotsford, BC, CAN, V2T 6H1
Gatekeeper Systems Inc specializes in the design, manufacturing, and marketing of video security solutions for mobile and extreme environments and is a provider of intelligent video solutions designed to provide a safer transportation environment for children, passengers, and public safety personnel across multiple transportation modes. The Company operates in a single segment in which it develops, manufactures, markets, and sells high-resolution mobile surveillance camera systems, with performance evaluated regularly by the President and Chief Executive Officer as the chief operating decision maker. Revenue is generated from two regions, Canada and the United States, with the majority of revenue coming from Canada.
67GF Score

Get the complete analysis for FRA:1GK

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

€1.07
Price
€0.44
GF Value