CrowdStrike Holdings (FRA:45C) Cyclically Adjusted PB Ratio: 141.96 (As of Jul. 25, 2026) — 90% Above Median

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FRA:45C CrowdStrike Holdings Inc FRA:45C
82 GF Score
Price €161.84
GF Value €113.80
Valuation Significantly Overvalued
! 5 Warning Signs
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What is CrowdStrike Holdings Cyclically Adjusted PB Ratio?

CrowdStrike Holdings FRA:45C +0.61% 82 Cyclically Adjusted PB Ratio is 141.96 as of Jul. 25, 2026, which is 90% above its 10-year median of 74.83. GuruFocus rates FRA:45C with a GF Score™ of 82/100 and a GF Value™ of €113.80 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,591 Software companies, CrowdStrike Holdings ranks worse than 99.81% on this metric.

As of today (2026-07-25), CrowdStrike Holdings's current share price is €161.84. CrowdStrike Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Jan26 was €1.14. CrowdStrike Holdings's Cyclically Adjusted PB Ratio for today is 141.96.

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

FRA:45C' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 68.44   Med: 74.83   Max: 135.83
Current: 135.83

During the past 10 years, CrowdStrike Holdings's highest Cyclically Adjusted PB Ratio was 135.83. The lowest was 68.44. And the median was 74.83.

FRA:45C's Cyclically Adjusted PB Ratio is ranked worse than
99.81% of 1591 companies
in the Software industry
Industry Median: 2.26 vs FRA:45C: 135.83

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.

CrowdStrike Holdings's adjusted book value per share data of for the fiscal year that ended in Jan26 was €3.719. 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 €1.14 for the trailing ten years ended in Jan26.

Shiller PE for Stocks: The True Measure of Stock Valuation


CrowdStrike Holdings  (FRA:45C) 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.


CrowdStrike Holdings Cyclically Adjusted PB Ratio Related Terms


CrowdStrike Holdings Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for CrowdStrike 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.

CrowdStrike Holdings Cyclically Adjusted PB Ratio Chart

CrowdStrike Holdings Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 81.78

CrowdStrike Holdings Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 0.00 0.00 0.00 81.78 0.00

FRA:45C vs FTNT, PANW, SNPS: Cyclically Adjusted PB Ratio Comparison

For the Software - Infrastructure subindustry, CrowdStrike 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.


CrowdStrike Holdings Cyclically Adjusted PB Ratio vs Software Industry

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

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


FRA:45C
82GF Score
CrowdStrike Holdings Inc FRA:45C
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CrowdStrike 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.

CrowdStrike Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=161.84/1.14
=141.96

* 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.

CrowdStrike Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Jan26 is calculated as:

For example, CrowdStrike Holdings's adjusted Book Value per Share data for the fiscal year that ended in Jan26 was:

Adj_Book=Book Value per Share/CPI of Jan26 (Change)*Current CPI (Jan26)
=3.719/325.2520*325.2520
=3.719

Current CPI (Jan26) = 325.2520.

CrowdStrike Holdings Annual Data

Book Value per Share CPI Adj_Book
201701 0.000 242.839 0.000
201801 -1.209 247.867 -1.586
201901 -1.705 251.712 -2.203
202001 1.248 257.971 1.573
202101 0.884 261.582 1.099
202201 1.054 281.148 1.219
202301 1.502 299.170 1.633
202401 2.274 308.417 2.398
202501 3.195 317.671 3.271
202601 3.719 325.252 3.719

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 141.96 mean?
CrowdStrike Holdings (FRA:45C) has a Cyclically Adjusted PB Ratio of 141.96 as of Jul. 25, 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 CrowdStrike Holdings and its competitors. This is 90% above median its historical median of 74.83. Over the past decade, CrowdStrike Holdings' Cyclically Adjusted PB Ratio has ranged from 68.44 to 135.83. According to the industry distribution chart, CrowdStrike Holdings ranks #1588 out of 1591 companies in the Software industry, placing it in the top 99.8%.
Is CrowdStrike Holdings' Cyclically Adjusted PB Ratio too high?
CrowdStrike Holdings' current Cyclically Adjusted PB Ratio of 141.96 is 90% above median its 10-year median of 74.83. Over the past 10 years, this metric has ranged from a low of 68.44 to a high of 135.83. The Software industry median Cyclically Adjusted PB Ratio is 2.26. CrowdStrike Holdings' value of 141.96 is 6181.4% above this industry median. Based on the distribution chart, CrowdStrike Holdings ranks #1588 out of 1591 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, CrowdStrike Holdings has a GF Score™ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CrowdStrike Holdings' Cyclically Adjusted PB Ratio compare to FTNT and PANW?
According to the Software industry distribution chart, CrowdStrike Holdings ranks #1588 out of 1591 companies for Cyclically Adjusted PB Ratio. This places CrowdStrike Holdings in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.26. CrowdStrike Holdings' value of 141.96 is 6181.4% above this benchmark. Historically, CrowdStrike Holdings' own Cyclically Adjusted PB Ratio has ranged from 68.44 to 135.83 over the past decade. While the company's 10-year median is 74.83 vs. the industry median of 2.26, CrowdStrike Holdings 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 2.26, based on 1,591 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. CrowdStrike Holdings's current Cyclically Adjusted PB Ratio of 141.96 is 6181.4% 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 CrowdStrike Holdings and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CrowdStrike Holdings's current Cyclically Adjusted PB Ratio is 141.96, which is 90% above median its own 10-year median of 74.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CrowdStrike Holdings stock overvalued right now?
Based on GuruFocus' analysis, CrowdStrike Holdings (FRA:45C) is currently considered Significantly Overvalued. The stock's GF Value™ is €113.80, compared to a current price of €161.84 — trading 42.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 141.96, which is 90% above median its 10-year median of 74.83 and 6181.4% above the Software industry median of 2.26. CrowdStrike Holdings' overall GF Score™ is 82/100 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 CrowdStrike Holdings (FRA:45C), the current Cyclically Adjusted PB Ratio is 141.96 as of Jul. 25, 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 CrowdStrike Holdings (FRA:45C) Overvalued in 2026?

Based on GuruFocus' analysis, CrowdStrike Holdings stock appears to be overvalued. The current stock price of €161.84 is trading 42.2% above its estimated GF Value™ of €113.80. GuruFocus considers CrowdStrike Holdings to be Significantly Overvalued.

Key valuation signals for FRA:45C:

  • Cyclically Adjusted PB Ratio: 141.96 (90% above median its 10-year median of 74.83)
  • GF Value™: €113.80 vs. price of €161.84 (42.2% above fair value)
  • GF Score™: 82/100 with 5 warning signs
  • Industry Position: 6181.4% above the Software median (#1588 of 1591)

No single metric tells the full story. See the FRA:45C stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CrowdStrike Holdings Business Description

Address 206 E. 9th Street, Suite 1400, Austin, TX, USA, 78701
CrowdStrike is a cloud-native cybersecurity company specializing in security verticals such as endpoint, cloud workload, identity, and security operations. CrowdStrike's primary offering is its Falcon platform, which provides enterprises with a unified view to detect and respond to security threats across their IT infrastructure. The Austin, Texas-based firm was founded in 2011 and went public in 2019.
82GF Score

Get the complete analysis for FRA:45C

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

€161.84
Price
€113.80
GF Value