Fundamenta Real Estate AG (FRA:35F) Cyclically Adjusted PB Ratio: 1.08 (As of Jul. 22, 2026) — Near Median

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FRA:35F Fundamenta Real Estate AG FRA:35F
65 GF Score
Price €18.20
GF Value €17.64
! 5 Warning Signs
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What is Fundamenta Real Estate AG Cyclically Adjusted PB Ratio?

Fundamenta Real Estate AG FRA:35F -2.15% 65 Cyclically Adjusted PB Ratio is 1.08 as of Jul. 22, 2026, which is 1% below its 10-year median of 1.09. GuruFocus rates FRA:35F with a GF Score™ of 65/100 and a GF Value™ of €17.64. The stock has 5 warning signs investors should review. Among 1,433 Real Estate companies, Fundamenta Real Estate AG ranks worse than 66.78% on this metric.

As of today (2026-07-22), Fundamenta Real Estate AG's current share price is €18.20. Fundamenta Real Estate AG's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was €16.83. Fundamenta Real Estate AG's Cyclically Adjusted PB Ratio for today is 1.08.

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

FRA:35F' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.98   Med: 1.09   Max: 1.4
Current: 1.08

During the past 13 years, Fundamenta Real Estate AG's highest Cyclically Adjusted PB Ratio was 1.40. The lowest was 0.98. And the median was 1.09.

FRA:35F's Cyclically Adjusted PB Ratio is ranked worse than
66.78% of 1433 companies
in the Real Estate industry
Industry Median: 0.7 vs FRA:35F: 1.08

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.

Fundamenta Real Estate AG's adjusted book value per share data of for the fiscal year that ended in Dec25 was €19.033. 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 €16.83 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fundamenta Real Estate AG  (FRA:35F) 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.


Fundamenta Real Estate AG Cyclically Adjusted PB Ratio Related Terms


Fundamenta Real Estate AG Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Fundamenta Real Estate AG'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.

Fundamenta Real Estate AG Cyclically Adjusted PB Ratio Chart

Fundamenta Real Estate AG 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 1.34 1.06 1.06 1.04 1.08

Fundamenta Real Estate AG Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 1.06 0.00 1.04 0.00 1.08

FRA:35F vs CBRE, BEKE, JLL: Cyclically Adjusted PB Ratio Comparison

For the Real Estate Services subindustry, Fundamenta Real Estate AG'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.


Fundamenta Real Estate AG Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Fundamenta Real Estate AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Fundamenta Real Estate AG's Cyclically Adjusted PB Ratio falls into.


FRA:35F
65GF Score
Fundamenta Real Estate AG FRA:35F
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Fundamenta Real Estate AG 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.

Fundamenta Real Estate AG's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=18.20/16.83
=1.08

* 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.

Fundamenta Real Estate AG's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Fundamenta Real Estate AG's adjusted Book Value per Share data for the fiscal year that ended in Dec25 was:

Adj_Book=Book Value per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=19.033/107.2000*107.2000
=19.033

Current CPI (Dec25) = 107.2000.

Fundamenta Real Estate AG Annual Data

Book Value per Share CPI Adj_Book
201612 16.255 99.380 17.534
201712 9.350 100.213 10.002
201812 10.110 100.906 10.741
201912 13.864 101.063 14.706
202012 14.523 100.241 15.531
202112 16.000 101.776 16.853
202212 17.066 104.666 17.479
202312 17.568 106.461 17.690
202412 18.243 107.128 18.255
202512 19.033 107.200 19.033

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 1.08 mean?
Fundamenta Real Estate AG (FRA:35F) has a Cyclically Adjusted PB Ratio of 1.08 as of Jul. 22, 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 Fundamenta Real Estate AG and its competitors. This is near median its historical median of 1.09. Over the past decade, Fundamenta Real Estate AG's Cyclically Adjusted PB Ratio has ranged from 0.98 to 1.40. According to the industry distribution chart, Fundamenta Real Estate AG ranks #957 out of 1433 companies in the Real Estate industry, placing it in the top 66.8%.
Is Fundamenta Real Estate AG's Cyclically Adjusted PB Ratio too high?
Fundamenta Real Estate AG's current Cyclically Adjusted PB Ratio of 1.08 is near median its 10-year median of 1.09. Over the past 10 years, this metric has ranged from a low of 0.98 to a high of 1.40. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.70. Fundamenta Real Estate AG's value of 1.08 is 54.3% above this industry median. Based on the distribution chart, Fundamenta Real Estate AG ranks #957 out of 1433 companies in the Real Estate industry, which is below the industry midpoint. Overall, Fundamenta Real Estate AG has a GF Score™ of 65/100, reflecting its overall financial health beyond just this single metric.
How does Fundamenta Real Estate AG's Cyclically Adjusted PB Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Fundamenta Real Estate AG ranks #957 out of 1433 companies for Cyclically Adjusted PB Ratio. This places Fundamenta Real Estate AG in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.70. Fundamenta Real Estate AG's value of 1.08 is 54.3% above this benchmark. Historically, Fundamenta Real Estate AG's own Cyclically Adjusted PB Ratio has ranged from 0.98 to 1.40 over the past decade. While the company's 10-year median is 1.09 vs. the industry median of 0.70, Fundamenta Real Estate AG 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 Real Estate company?
The median Cyclically Adjusted PB Ratio among Real Estate companies is 0.70, based on 1,433 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. Fundamenta Real Estate AG's current Cyclically Adjusted PB Ratio of 1.08 is 54.3% 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 Fundamenta Real Estate AG and its competitors. For the Real Estate industry, the median Cyclically Adjusted PB Ratio is 0.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fundamenta Real Estate AG's current Cyclically Adjusted PB Ratio is 1.08, which is near median its own 10-year median of 1.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fundamenta Real Estate AG stock overvalued right now?
Fundamenta Real Estate AG (FRA:35F) has a current Cyclically Adjusted PB Ratio of 1.08. The stock's GF Value™ is €17.64, compared to a current price of €18.20 — trading 3.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.08, which is near median its 10-year median of 1.09 and 54.3% above the Real Estate industry median of 0.70. Fundamenta Real Estate AG's overall GF Score™ is 65/100 with 5 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 Fundamenta Real Estate AG (FRA:35F), the current Cyclically Adjusted PB Ratio is 1.08 as of Jul. 22, 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 Fundamenta Real Estate AG (FRA:35F) Overvalued in 2026?

Based on GuruFocus' analysis, Fundamenta Real Estate AG stock appears to be overvalued. The current stock price of €18.20 is trading 3.2% above its estimated GF Value™ of €17.64.

Key valuation signals for FRA:35F:

  • Cyclically Adjusted PB Ratio: 1.08 (near median its 10-year median of 1.09)
  • GF Value™: €17.64 vs. price of €18.20 (3.2% above fair value)
  • GF Score™: 65/100 with 5 warning signs
  • Industry Position: 54.3% above the Real Estate median (#957 of 1433)

No single metric tells the full story. See the FRA:35F stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fundamenta Real Estate AG Business Description

Other Exchanges FRENz:UKFREN:Switzerland
Address Fundamenta Real Estate AG, Poststrasse 4a, Zug, CHE, 6300
Fundamenta Real Estate AG is engaged in the acquisition, development and holding of residential real estate with a focus on the middle rent segment in German-speaking Switzerland.
65GF Score

Get the complete analysis for FRA:35F

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

€18.20
Price
€17.64
GF Value