Route1 (FRA:3R6N) Cyclically Adjusted PB Ratio: 3.88 (As of Aug. 19, 2026) — 48% Below Median

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FRA:3R6N Route1 Inc FRA:3R6N
34 GF Score
Price €0.08
GF Value €0.02
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Route1 Cyclically Adjusted PB Ratio?

Route1 FRA:3R6N 34 Cyclically Adjusted PB Ratio is 3.88 as of Aug. 19, 2026, which is 48% below its 10-year median of 7.50. GuruFocus rates FRA:3R6N with a GF Score™ of 34/100 and a GF Value™ of €0.02 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,543 Software companies, Route1 ranks worse than 64.16% on this metric.

As of today (2026-08-19), Route1's current share price is €0.0775. Route1's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €0.02. Route1's Cyclically Adjusted PB Ratio for today is 3.88.

The historical rank and industry rank for Route1's Cyclically Adjusted PB Ratio or its related term are showing as below:

FRA:3R6N' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.4   Med: 7.5   Max: 50
Current: 3.55

During the past years, Route1's highest Cyclically Adjusted PB Ratio was 50.00. The lowest was 0.40. And the median was 7.50.

FRA:3R6N's Cyclically Adjusted PB Ratio is ranked worse than
64.16% of 1543 companies
in the Software industry
Industry Median: 2.34 vs FRA:3R6N: 3.55

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.

Route1's adjusted book value per share data for the three months ended in Mar. 2026 was €-0.007. 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 €0.02 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Route1  (FRA:3R6N) 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.


Route1 Cyclically Adjusted PB Ratio Related Terms


Route1 Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Route1'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.

Route1 Cyclically Adjusted PB Ratio Chart

Route1 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 7.98 1.19 0.63 1.10 1.86

Route1 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 0.79 1.50 2.02 1.86 1.39

FRA:3R6N vs QH, SHOP, UBER: Cyclically Adjusted PB Ratio Comparison

For the Software - Application subindustry, Route1'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.


Route1 Cyclically Adjusted PB Ratio vs Software Industry

For the Software industry and Technology sector, Route1's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Route1's Cyclically Adjusted PB Ratio falls into.


FRA:3R6N
34GF Score
Route1 Inc FRA:3R6N
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Route1 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.

Route1's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.0775/0.02
=3.88

* 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.

Route1's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Route1'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)
=-0.007/132.2623*132.2623
=-0.007

Current CPI (Mar. 2026) = 132.2623.

Route1 Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.025 102.002 0.032
201609 0.030 101.765 0.039
201612 0.033 101.449 0.043
201703 0.038 102.634 0.049
201706 0.033 103.029 0.042
201709 0.028 103.345 0.036
201712 0.024 103.345 0.031
201803 0.038 105.004 0.048
201806 0.041 105.557 0.051
201809 0.043 105.636 0.054
201812 0.026 105.399 0.033
201903 0.016 106.979 0.020
201906 0.015 107.690 0.018
201909 0.009 107.611 0.011
201912 0.019 107.769 0.023
202003 0.017 107.927 0.021
202006 0.014 108.401 0.017
202009 0.001 108.164 0.001
202012 0.036 108.559 0.044
202103 0.041 110.298 0.049
202106 0.050 111.720 0.059
202109 0.050 112.905 0.059
202112 0.047 113.774 0.055
202203 0.050 117.646 0.056
202206 0.054 120.806 0.059
202209 0.061 120.648 0.067
202212 0.029 120.964 0.032
202303 0.024 122.702 0.026
202306 0.015 124.203 0.016
202309 0.014 125.230 0.015
202312 0.009 125.072 0.010
202403 0.007 126.258 0.007
202406 0.001 127.522 0.001
202409 -0.003 127.285 -0.003
202412 -0.006 127.364 -0.006
202503 -0.009 129.181 -0.009
202506 -0.009 129.892 -0.009
202509 -0.005 130.287 -0.005
202512 -0.005 130.366 -0.005
202603 -0.007 132.262 -0.007

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 3.88 mean?
Route1 (FRA:3R6N) has a Cyclically Adjusted PB Ratio of 3.88 as of Aug. 19, 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 Route1 and its competitors. This is 48% below median its historical median of 7.50. Over the past decade, Route1's Cyclically Adjusted PB Ratio has ranged from 0.40 to 50.00. According to the industry distribution chart, Route1 ranks #990 out of 1543 companies in the Software industry, placing it in the top 64.2%.
Is Route1's Cyclically Adjusted PB Ratio too high?
Route1's current Cyclically Adjusted PB Ratio of 3.88 is 48% below median its 10-year median of 7.50. Over the past 10 years, this metric has ranged from a low of 0.40 to a high of 50.00. The Software industry median Cyclically Adjusted PB Ratio is 2.34. Route1's value of 3.88 is 65.8% above this industry median. Based on the distribution chart, Route1 ranks #990 out of 1543 companies in the Software industry, which is below the industry midpoint. Overall, Route1 has a GF Score™ of 34/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Route1's Cyclically Adjusted PB Ratio compare to QH and SHOP?
According to the Software industry distribution chart, Route1 ranks #990 out of 1543 companies for Cyclically Adjusted PB Ratio. This places Route1 in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.34. Route1's value of 3.88 is 65.8% above this benchmark. Historically, Route1's own Cyclically Adjusted PB Ratio has ranged from 0.40 to 50.00 over the past decade. While the company's 10-year median is 7.50 vs. the industry median of 2.34, Route1 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 Software company?
The median Cyclically Adjusted PB Ratio among Software companies is 2.34, based on 1,543 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. Route1's current Cyclically Adjusted PB Ratio of 3.88 is 65.8% 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 Route1 and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Route1's current Cyclically Adjusted PB Ratio is 3.88, which is 48% below median its own 10-year median of 7.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Route1 stock overvalued right now?
Based on GuruFocus' analysis, Route1 (FRA:3R6N) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.02, compared to a current price of €0.08 — trading 287.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.88, which is 48% below median its 10-year median of 7.50 and 65.8% above the Software industry median of 2.34. Route1's overall GF Score™ is 34/100 with 3 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 Route1 (FRA:3R6N), the current Cyclically Adjusted PB Ratio is 3.88 as of Aug. 19, 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 Route1 (FRA:3R6N) Overvalued in 2026?

Based on GuruFocus' analysis, Route1 stock appears to be overvalued. The current stock price of €0.08 is trading 287.5% above its estimated GF Value™ of €0.02. GuruFocus considers Route1 to be Significantly Overvalued.

Key valuation signals for FRA:3R6N:

  • Cyclically Adjusted PB Ratio: 3.88 (48% below median its 10-year median of 7.50)
  • GF Value™: €0.02 vs. price of €0.08 (287.5% above fair value)
  • GF Score™: 34/100 with 3 warning signs
  • Industry Position: 65.8% above the Software median (#990 of 1543)

No single metric tells the full story. See the FRA:3R6N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Route1 Business Description

Other Exchanges ROIUF:USAROI:Canada
Address 8 King Street East, Suite 1801, Toronto, ON, CAN, M5C 1B5
Route1 Inc is a North American engineering and professional services company using data capture technologies. The company brings security and operations together with real-time actionable intelligence to enhance safety and security, drive greater profitability, and improve operational efficiencies. The company has one segment that comprises the sale and distribution of rugged devices, license plate recognition equipment, and secure data access. It has a geographic presence in the USA, Canada, and Others. It generates the majority of its revenue from the USA.
34GF Score

Get the complete analysis for FRA:3R6N

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

€0.08
Price
€0.02
GF Value