GLORY (FRA:3O5) Cyclically Adjusted PB Ratio: 1.22 (As of Aug. 13, 2026) — 39% Above Median

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FRA:3O5 GLORY Ltd FRA:3O5
72 GF Score
Price €25.60
GF Value €17.13
! 9 Warning Signs
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What is GLORY Cyclically Adjusted PB Ratio?

GLORY FRA:3O5 -1.54% 72 Cyclically Adjusted PB Ratio is 1.22 as of Aug. 13, 2026, which is 39% above its 10-year median of 0.88. GuruFocus rates FRA:3O5 with a GF Score™ of 72/100 and a GF Value™ of €17.13. The stock has 9 warning signs investors should review. Among 2,229 Industrial Products companies, GLORY ranks better than 69.09% on this metric.

As of today (2026-08-13), GLORY's current share price is €25.60. GLORY's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €20.91. GLORY's Cyclically Adjusted PB Ratio for today is 1.22.

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

FRA:3O5' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.64   Med: 0.88   Max: 1.68
Current: 1.25

During the past years, GLORY's highest Cyclically Adjusted PB Ratio was 1.68. The lowest was 0.64. And the median was 0.88.

FRA:3O5's Cyclically Adjusted PB Ratio is ranked better than
69.09% of 2229 companies
in the Industrial Products industry
Industry Median: 2.17 vs FRA:3O5: 1.25

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.

GLORY's adjusted book value per share data for the three months ended in Mar. 2026 was €48.304. 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 €20.91 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


GLORY  (FRA:3O5) 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.


GLORY Cyclically Adjusted PB Ratio Related Terms


GLORY Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for GLORY'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.

GLORY Cyclically Adjusted PB Ratio Chart

GLORY Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.69 0.90 0.85 0.72 1.02

GLORY 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 0.72 0.91 0.99 1.05 1.02

FRA:3O5 vs GEV, ETN, PH: Cyclically Adjusted PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, GLORY'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.


GLORY Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, GLORY's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:3O5
72GF Score
GLORY Ltd FRA:3O5
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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GLORY 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=25.60/20.91
=1.22

* 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.

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

For example, GLORY'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)
=48.304/112.7000*112.7000
=48.304

Current CPI (Mar. 2026) = 112.7000.

GLORY Quarterly Data

Book Value per Share CPI Adj_Book
201606 23.302 98.100 26.770
201609 23.759 98.000 27.323
201612 22.841 98.400 26.160
201703 24.263 98.100 27.874
201706 23.488 98.500 26.874
201709 22.522 98.800 25.691
201712 22.333 99.400 25.321
201803 22.901 99.200 26.018
201806 23.176 99.200 26.330
201809 23.393 99.900 26.390
201812 23.897 99.700 27.013
201903 24.795 99.700 28.028
201906 24.474 99.800 27.637
201909 25.640 100.100 28.867
201912 27.576 100.500 30.924
202003 25.615 100.300 28.782
202006 23.927 99.900 26.993
202009 23.452 99.900 26.457
202012 23.451 99.300 26.616
202103 24.567 99.900 27.715
202106 23.925 99.500 27.099
202109 24.822 100.100 27.946
202112 25.327 100.100 28.515
202203 25.870 101.100 28.838
202206 24.976 101.800 27.650
202209 25.395 103.100 27.760
202212 24.398 104.100 26.414
202303 24.280 104.400 26.210
202306 23.928 105.200 25.634
202309 22.589 106.200 23.972
202312 23.497 106.800 24.795
202403 25.151 107.200 26.441
202406 24.871 108.200 25.905
202409 25.405 108.900 26.291
202412 25.364 110.700 25.822
202503 47.945 111.100 48.635
202506 23.669 111.700 23.881
202509 23.375 112.000 23.521
202512 23.471 113.000 23.409
202603 48.304 112.700 48.304

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 1.22 mean?
GLORY (FRA:3O5) has a Cyclically Adjusted PB Ratio of 1.22 as of Aug. 13, 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 GLORY and its competitors. This is 39% above median its historical median of 0.88. Over the past decade, GLORY's Cyclically Adjusted PB Ratio has ranged from 0.64 to 1.68. According to the industry distribution chart, GLORY ranks #689 out of 2229 companies in the Industrial Products industry, placing it in the top 30.9%.
Is GLORY's Cyclically Adjusted PB Ratio too high?
GLORY's current Cyclically Adjusted PB Ratio of 1.22 is 39% above median its 10-year median of 0.88. Over the past 10 years, this metric has ranged from a low of 0.64 to a high of 1.68. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.17. GLORY's value of 1.22 is 43.8% below this industry median. Based on the distribution chart, GLORY ranks #689 out of 2229 companies in the Industrial Products industry, which is above the industry midpoint. Overall, GLORY has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does GLORY's Cyclically Adjusted PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, GLORY ranks #689 out of 2229 companies for Cyclically Adjusted PB Ratio. This puts GLORY in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.17. GLORY's value of 1.22 is 43.8% below this benchmark. Historically, GLORY's own Cyclically Adjusted PB Ratio has ranged from 0.64 to 1.68 over the past decade. While the company's 10-year median is 0.88 vs. the industry median of 2.17, GLORY has consistently been below 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 Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.17, based on 2,229 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. GLORY's current Cyclically Adjusted PB Ratio of 1.22 is 43.8% below 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 GLORY and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GLORY's current Cyclically Adjusted PB Ratio is 1.22, which is 39% above median its own 10-year median of 0.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GLORY stock overvalued right now?
GLORY (FRA:3O5) has a current Cyclically Adjusted PB Ratio of 1.22. The stock's GF Value™ is €17.13, compared to a current price of €25.60 — trading 49.4% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.22, which is 39% above median its 10-year median of 0.88 and 43.8% below the Industrial Products industry median of 2.17. GLORY's overall GF Score™ is 72/100 with 9 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 GLORY (FRA:3O5), the current Cyclically Adjusted PB Ratio is 1.22 as of Aug. 13, 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 GLORY (FRA:3O5) Overvalued in 2026?

Based on GuruFocus' analysis, GLORY stock appears to be overvalued. The current stock price of €25.60 is trading 49.4% above its estimated GF Value™ of €17.13.

Key valuation signals for FRA:3O5:

  • Cyclically Adjusted PB Ratio: 1.22 (39% above median its 10-year median of 0.88)
  • GF Value™: €17.13 vs. price of €25.60 (49.4% above fair value)
  • GF Score™: 72/100 with 9 warning signs
  • Industry Position: 43.8% below the Industrial Products median (#689 of 2229)

No single metric tells the full story. See the FRA:3O5 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


GLORY Business Description

Other Exchanges GLYYY:USA6457:Japan
Address 1-3-1 Shimoteno, Himeji City, Hyogo, JPN, 670-8567
GLORY Ltd is a Japan-based company that provides money-handling machines and systems. Its product portfolio includes open teller systems, coin recyclers, multifunction banknote changers, cash monitoring cabinets, card systems, and others. This company primarily operates through four segments. The financial market segment serves financial institutions, OEM clients, and others in Japan. The retail and transportation market segment serves supermarkets, department stores, railroad companies, and others. The amusement market segment sells products and provides services to amusement halls and others. The overseas market segment serves financial institutions, retail stores, casinos and other customers overseas. The company generates almost all its revenue from markets in Asia and the Americas.
72GF Score

Get the complete analysis for FRA:3O5

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

€25.60
Price
€17.13
GF Value