Bank of Cyprus Holdings (FRA:318) Cyclically Adjusted PB Ratio: (As of Aug. 08, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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:318 Bank of Cyprus Holdings PLC FRA:318
62 GF Score
Price €11.05
GF Value €4.48
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Bank of Cyprus Holdings Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Bank of Cyprus Holdings  (FRA:318) 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.


Bank of Cyprus Holdings Cyclically Adjusted PB Ratio Related Terms


Bank of Cyprus Holdings Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Bank of Cyprus Holdings'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.

Bank of Cyprus Holdings Cyclically Adjusted PB Ratio Chart

Bank of Cyprus Holdings 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 0.00 0.00 0.00 0.00 1.19

Bank of Cyprus Holdings Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 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 0.98 1.13 1.19 1.18 0.00

FRA:318 vs PNC, USB: Cyclically Adjusted PB Ratio Comparison

For the Banks - Regional subindustry, Bank of Cyprus Holdings'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.


Bank of Cyprus Holdings Cyclically Adjusted PB Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Bank of Cyprus Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Bank of Cyprus Holdings's Cyclically Adjusted PB Ratio falls into.


FRA:318
62GF Score
Bank of Cyprus Holdings PLC FRA:318
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Bank of Cyprus Holdings 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.

Bank of Cyprus Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Bank of Cyprus Holdings'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)
=6.76/333.9520*333.9520
=6.760

Current CPI (Jun. 2026) = 333.9520.

Bank of Cyprus Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.000 241.428 0.000
201612 6.883 241.432 9.521
201703 6.900 243.801 9.451
201706 5.700 244.955 7.771
201709 5.741 246.819 7.768
201712 5.795 246.524 7.850
201803 5.151 249.554 6.893
201806 4.925 251.989 6.527
201809 4.946 252.439 6.543
201812 5.249 251.233 6.977
201903 5.477 254.202 7.195
201906 5.476 256.143 7.139
201909 5.502 256.759 7.156
201912 5.067 256.974 6.585
202003 4.945 258.115 6.398
202006 4.696 257.797 6.083
202009 4.721 260.280 6.057
202012 4.597 260.474 5.894
202103 4.626 264.877 5.832
202106 4.586 271.696 5.637
202109 4.631 274.310 5.638
202112 4.531 278.802 5.427
202203 4.639 287.504 5.388
202206 4.640 296.311 5.229
202209 4.519 296.808 5.085
202212 4.543 296.797 5.112
202303 4.751 301.836 5.257
202306 4.977 305.109 5.447
202309 5.267 307.789 5.715
202312 5.531 306.746 6.022
202403 5.831 312.332 6.235
202406 5.864 314.175 6.233
202409 6.164 315.301 6.529
202412 6.381 315.605 6.752
202503 6.647 319.799 6.941
202506 6.414 322.561 6.641
202509 6.486 324.800 6.669
202512 6.727 324.054 6.932
202603 6.998 330.213 7.077
202606 6.760 333.952 6.760

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 Bank of Cyprus Holdings (FRA:318) Overvalued in 2026?

Based on GuruFocus' analysis, Bank of Cyprus Holdings stock appears to be overvalued. The current stock price of €11.05 is trading 146.7% above its estimated GF Value™ of €4.48. GuruFocus considers Bank of Cyprus Holdings to be Significantly Overvalued.

Key valuation signals for FRA:318:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €4.48 vs. price of €11.05 (146.7% above fair value)
  • GF Score™: 62/100 with 6 warning signs

No single metric tells the full story. See the FRA:318 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bank of Cyprus Holdings Business Description

Address 51 Stasinou Street, Ayia Paraskevi, Strovolos, Nicosia, CYP, CY 2002
Bank of Cyprus Holdings PLC along with its subsidiary companies involve the provision of banking, financial, and insurance services and the management and disposal of property predominately acquired in exchange for debt. The Group's activities are mainly concentrated in Cyprus.
62GF Score

Get the complete analysis for FRA:318

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

€11.05
Price
€4.48
GF Value