WisdomTree (FRA:1WT) Cyclically Adjusted PB Ratio: 7.44 (As of Jul. 31, 2026) — 75% Above Median

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Director of Data and Quant Analytics at GuruFocus
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FRA:1WT WisdomTree Inc FRA:1WT
88 GF Score
Price €15.85
GF Value €14.74
Valuation Fairly Valued
! 7 Warning Signs
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What is WisdomTree Cyclically Adjusted PB Ratio?

WisdomTree FRA:1WT -2.16% 88 Cyclically Adjusted PB Ratio is 7.44 as of Jul. 31, 2026, which is 75% above its 10-year median of 4.26. GuruFocus rates FRA:1WT with a GF Score™ of 88/100 and a GF Value™ of €14.74 (Fairly Valued). The stock has 7 warning signs investors should review. Among 998 Asset Management companies, WisdomTree ranks worse than 95.69% on this metric.

As of today (2026-07-31), WisdomTree's current share price is €15.85. WisdomTree's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €2.13. WisdomTree's Cyclically Adjusted PB Ratio for today is 7.44.

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

FRA:1WT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.63   Med: 4.26   Max: 19.42
Current: 7.31

During the past years, WisdomTree's highest Cyclically Adjusted PB Ratio was 19.42. The lowest was 1.63. And the median was 4.26.

FRA:1WT's Cyclically Adjusted PB Ratio is ranked worse than
95.69% of 998 companies
in the Asset Management industry
Industry Median: 0.84 vs FRA:1WT: 7.31

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.

WisdomTree's adjusted book value per share data for the three months ended in Mar. 2026 was €2.695. 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 €2.13 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


WisdomTree  (FRA:1WT) 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.


WisdomTree Cyclically Adjusted PB Ratio Related Terms


WisdomTree Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for WisdomTree'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.

WisdomTree Cyclically Adjusted PB Ratio Chart

WisdomTree 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 3.66 2.82 3.16 4.44 4.88

WisdomTree Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 3.68 4.67 5.58 4.88 5.66

FRA:1WT vs FSK, HTGC, DBRG: Cyclically Adjusted PB Ratio Comparison

For the Asset Management subindustry, WisdomTree'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.


WisdomTree Cyclically Adjusted PB Ratio vs Asset Management Industry

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

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


FRA:1WT
88GF Score
WisdomTree Inc FRA:1WT
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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WisdomTree 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.

WisdomTree's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=15.85/2.13
=7.44

* 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.

WisdomTree's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=2.695/330.2130*330.2130
=2.695

Current CPI (Mar. 2026) = 330.2130.

WisdomTree Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.379 241.018 1.889
201609 1.344 241.428 1.838
201612 1.399 241.432 1.913
201703 1.352 243.801 1.831
201706 1.317 244.955 1.775
201709 1.244 246.819 1.664
201712 1.190 246.524 1.594
201803 1.187 249.554 1.571
201806 1.975 251.989 2.588
201809 2.089 252.439 2.733
201812 2.056 251.233 2.702
201903 2.074 254.202 2.694
201906 2.076 256.143 2.676
201909 2.138 256.759 2.750
201912 1.956 256.974 2.513
202003 1.879 258.115 2.404
202006 1.705 257.797 2.184
202009 1.607 260.280 2.039
202012 1.472 260.474 1.866
202103 1.537 264.877 1.916
202106 1.474 271.696 1.791
202109 1.528 274.310 1.839
202112 1.643 278.802 1.946
202203 1.570 287.504 1.803
202206 1.661 296.311 1.851
202209 2.291 296.808 2.549
202212 1.969 296.797 2.191
202303 1.993 301.836 2.180
202306 2.817 305.109 3.049
202309 2.926 307.789 3.139
202312 2.496 306.746 2.687
202403 2.565 312.332 2.712
202406 2.726 314.175 2.865
202409 2.312 315.301 2.421
202412 2.614 315.605 2.735
202503 2.615 319.799 2.700
202506 2.624 322.561 2.686
202509 2.268 324.800 2.306
202512 2.511 324.054 2.559
202603 2.695 330.213 2.695

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 7.44 mean?
WisdomTree (FRA:1WT) has a Cyclically Adjusted PB Ratio of 7.44 as of Jul. 31, 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 WisdomTree and its competitors. This is 75% above median its historical median of 4.26. Over the past decade, WisdomTree's Cyclically Adjusted PB Ratio has ranged from 1.63 to 19.42. According to the industry distribution chart, WisdomTree ranks #955 out of 998 companies in the Asset Management industry, placing it in the top 95.7%.
Is WisdomTree's Cyclically Adjusted PB Ratio too high?
WisdomTree's current Cyclically Adjusted PB Ratio of 7.44 is 75% above median its 10-year median of 4.26. Over the past 10 years, this metric has ranged from a low of 1.63 to a high of 19.42. The Asset Management industry median Cyclically Adjusted PB Ratio is 0.84. WisdomTree's value of 7.44 is 785.7% above this industry median. Based on the distribution chart, WisdomTree ranks #955 out of 998 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, WisdomTree has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does WisdomTree's Cyclically Adjusted PB Ratio compare to FSK and HTGC?
According to the Asset Management industry distribution chart, WisdomTree ranks #955 out of 998 companies for Cyclically Adjusted PB Ratio. This places WisdomTree in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.84. WisdomTree's value of 7.44 is 785.7% above this benchmark. Historically, WisdomTree's own Cyclically Adjusted PB Ratio has ranged from 1.63 to 19.42 over the past decade. While the company's 10-year median is 4.26 vs. the industry median of 0.84, WisdomTree 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 an Asset Management company?
The median Cyclically Adjusted PB Ratio among Asset Management companies is 0.84, based on 998 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. WisdomTree's current Cyclically Adjusted PB Ratio of 7.44 is 785.7% 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 WisdomTree and its competitors. For the Asset Management industry, the median Cyclically Adjusted PB Ratio is 0.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. WisdomTree's current Cyclically Adjusted PB Ratio is 7.44, which is 75% above median its own 10-year median of 4.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WisdomTree stock overvalued right now?
Based on GuruFocus' analysis, WisdomTree (FRA:1WT) is currently considered Fairly Valued. The stock's GF Value™ is €14.74, compared to a current price of €15.85 — trading 7.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 7.44, which is 75% above median its 10-year median of 4.26 and 785.7% above the Asset Management industry median of 0.84. WisdomTree's overall GF Score™ is 88/100 with 7 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 WisdomTree (FRA:1WT), the current Cyclically Adjusted PB Ratio is 7.44 as of Jul. 31, 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 WisdomTree (FRA:1WT) Overvalued in 2026?

Based on GuruFocus' analysis, WisdomTree stock appears to be overvalued. The current stock price of €15.85 is trading 7.5% above its estimated GF Value™ of €14.74. GuruFocus considers WisdomTree to be Fairly Valued.

Key valuation signals for FRA:1WT:

  • Cyclically Adjusted PB Ratio: 7.44 (75% above median its 10-year median of 4.26)
  • GF Value™: €14.74 vs. price of €15.85 (7.5% above fair value)
  • GF Score™: 88/100 with 7 warning signs
  • Industry Position: 785.7% above the Asset Management median (#955 of 998)

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


WisdomTree Business Description

Other Exchanges WT:USA0LY1:UK
Address 250 West 34th Street, 3rd Floor, New York, NY, USA, 10119
WisdomTree Inc is a financial innovator, offering a diverse suite of Exchange-traded products (ETPs), models and solutions, private market investments and digital asset-related products. It also offers digital products and services related to tokenized real world assets and stablecoins, including tokenized mutual funds (Digital Funds), as well as its institutional platform, WisdomTree Connect, and blockchain-native digital wallet, WisdomTree Prime. The company's products are distributed across various asset management industry channels, including banks, brokerage firms, registered investment advisers, institutional investors, private wealth managers and online brokers. The majority of the company's revenue is generated from advisory fees earned from ETPs.
88GF 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.

€15.85
Price
€14.74
GF Value