BIC Camera (FRA:1U3) Cyclically Adjusted PB Ratio: 2.03 (As of Aug. 14, 2026) — Near 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.

FRA:1U3 BIC Camera Inc FRA:1U3
81 GF Score
Price €9.20
GF Value €9.11
! 2 Warning Signs
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What is BIC Camera Cyclically Adjusted PB Ratio?

BIC Camera FRA:1U3 81 Cyclically Adjusted PB Ratio is 2.03 as of Aug. 14, 2026, which is 4% above its 10-year median of 1.96. GuruFocus rates FRA:1U3 with a GF Score™ of 81/100 and a GF Value™ of €9.11. The stock has 2 warning signs investors should review. Among 794 Retail - Cyclical companies, BIC Camera ranks worse than 66.62% on this metric.

As of today (2026-08-14), BIC Camera's current share price is €9.20. BIC Camera's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2026 was €4.54. BIC Camera's Cyclically Adjusted PB Ratio for today is 2.03.

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

FRA:1U3' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.35   Med: 1.96   Max: 3.72
Current: 2

During the past years, BIC Camera's highest Cyclically Adjusted PB Ratio was 3.72. The lowest was 1.35. And the median was 1.96.

FRA:1U3's Cyclically Adjusted PB Ratio is ranked worse than
66.62% of 794 companies
in the Retail - Cyclical industry
Industry Median: 1.205 vs FRA:1U3: 2.00

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.

BIC Camera's adjusted book value per share data for the three months ended in Feb. 2026 was €5.650. 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 €4.54 for the trailing ten years ended in Feb. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


BIC Camera  (FRA:1U3) 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.


BIC Camera Cyclically Adjusted PB Ratio Related Terms


BIC Camera Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for BIC Camera'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.

BIC Camera Cyclically Adjusted PB Ratio Chart

BIC Camera 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 1.72 1.69 1.49 2.13 1.90

BIC Camera 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 1.82 1.90 1.88 2.11 0.00

FRA:1U3 vs CASY, WSM, ULTA: Cyclically Adjusted PB Ratio Comparison

For the Specialty Retail subindustry, BIC Camera'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.


BIC Camera Cyclically Adjusted PB Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, BIC Camera's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:1U3
81GF Score
BIC Camera Inc FRA:1U3
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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BIC Camera 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.

BIC Camera's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=9.20/4.54
=2.03

* 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.

BIC Camera's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2026 is calculated as:

For example, BIC Camera's adjusted Book Value per Share data for the three months ended in Feb. 2026 was:

Adj_Book=Book Value per Share/CPI of Feb. 2026 (Change)*Current CPI (Feb. 2026)
=5.65/112.2000*112.2000
=5.650

Current CPI (Feb. 2026) = 112.2000.

BIC Camera Quarterly Data

Book Value per Share CPI Adj_Book
201605 4.840 98.200 5.530
201608 5.229 97.900 5.993
201611 5.165 98.600 5.877
201702 5.283 98.100 6.042
201705 5.252 98.600 5.976
201708 5.184 98.500 5.905
201711 5.193 99.100 5.879
201802 5.449 99.500 6.145
201805 5.785 99.300 6.537
201808 5.682 99.800 6.388
201811 5.599 100.000 6.282
201902 6.035 99.700 6.792
201905 6.133 100.000 6.881
201908 6.446 100.000 7.232
201911 6.405 100.500 7.151
202002 6.504 100.300 7.276
202005 6.557 100.100 7.350
202008 6.214 100.100 6.965
202011 6.393 99.500 7.209
202102 6.368 99.800 7.159
202105 6.201 99.400 7.000
202108 6.328 99.700 7.121
202111 5.814 100.100 6.517
202202 5.937 100.700 6.615
202205 5.764 101.800 6.353
202208 5.608 102.700 6.127
202211 5.256 103.900 5.676
202302 5.538 104.000 5.975
202305 5.367 105.100 5.730
202308 5.084 105.900 5.386
202311 4.955 106.900 5.201
202402 5.249 106.900 5.509
202405 5.120 108.100 5.314
202408 5.522 109.100 5.679
202411 5.372 110.000 5.479
202502 5.816 110.800 5.889
202505 5.785 111.800 5.806
202508 5.735 112.100 5.740
202511 5.549 113.200 5.500
202602 5.650 112.200 5.650

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 2.03 mean?
BIC Camera (FRA:1U3) has a Cyclically Adjusted PB Ratio of 2.03 as of Aug. 14, 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 BIC Camera and its competitors. This is near median its historical median of 1.96. Over the past decade, BIC Camera's Cyclically Adjusted PB Ratio has ranged from 1.35 to 3.72. According to the industry distribution chart, BIC Camera ranks #529 out of 794 companies in the Retail - Cyclical industry, placing it in the top 66.6%.
Is BIC Camera's Cyclically Adjusted PB Ratio too high?
BIC Camera's current Cyclically Adjusted PB Ratio of 2.03 is near median its 10-year median of 1.96. Over the past 10 years, this metric has ranged from a low of 1.35 to a high of 3.72. The Retail - Cyclical industry median Cyclically Adjusted PB Ratio is 1.21. BIC Camera's value of 2.03 is 68.5% above this industry median. Based on the distribution chart, BIC Camera ranks #529 out of 794 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, BIC Camera has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does BIC Camera's Cyclically Adjusted PB Ratio compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, BIC Camera ranks #529 out of 794 companies for Cyclically Adjusted PB Ratio. This places BIC Camera in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.21. BIC Camera's value of 2.03 is 68.5% above this benchmark. Historically, BIC Camera's own Cyclically Adjusted PB Ratio has ranged from 1.35 to 3.72 over the past decade. While the company's 10-year median is 1.96 vs. the industry median of 1.21, BIC Camera 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 Retail - Cyclical company?
The median Cyclically Adjusted PB Ratio among Retail - Cyclical companies is 1.21, based on 794 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. BIC Camera's current Cyclically Adjusted PB Ratio of 2.03 is 68.5% 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 BIC Camera and its competitors. For the Retail - Cyclical industry, the median Cyclically Adjusted PB Ratio is 1.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BIC Camera's current Cyclically Adjusted PB Ratio is 2.03, which is near median its own 10-year median of 1.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BIC Camera stock overvalued right now?
BIC Camera (FRA:1U3) has a current Cyclically Adjusted PB Ratio of 2.03. The stock's GF Value™ is €9.11, compared to a current price of €9.20 — trading 1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.03, which is near median its 10-year median of 1.96 and 68.5% above the Retail - Cyclical industry median of 1.21. BIC Camera's overall GF Score™ is 81/100 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 BIC Camera (FRA:1U3), the current Cyclically Adjusted PB Ratio is 2.03 as of Aug. 14, 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 BIC Camera (FRA:1U3) Overvalued in 2026?

Based on GuruFocus' analysis, BIC Camera stock appears to be overvalued. The current stock price of €9.20 is trading 1% above its estimated GF Value™ of €9.11.

Key valuation signals for FRA:1U3:

  • Cyclically Adjusted PB Ratio: 2.03 (near median its 10-year median of 1.96)
  • GF Value™: €9.11 vs. price of €9.20 (1% above fair value)
  • GF Score™: 81/100 with 2 warning signs
  • Industry Position: 68.5% above the Retail - Cyclical median (#529 of 794)

No single metric tells the full story. See the FRA:1U3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


BIC Camera Business Description

Other Exchanges 3048:Japan
Address 3-23-23, Takada, Toshima-ku, Tokyo, JPN, 171-0033
BIC Camera Inc is a consumer electronic retailer in Japan. The selection of merchandise is diverse: audio and video equipment, laptops and computers, cameras, televisions, and mobile phones, among others. The company sells products through both stores and online shopping sites. Additionally, the company also provides satellite and cable TV broadcasting services, installation services, repair services, a radio advertising business, and other services.
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.

€9.20
Price
€9.11
GF Value