Ferroglobe (FRA:5FG) Cyclically Adjusted PB Ratio: 0.76 (As of Jul. 30, 2026) — 21% Below Median

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FRA:5FG Ferroglobe PLC FRA:5FG
67 GF Score
Price €2.87
GF Value €3.80
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Ferroglobe Cyclically Adjusted PB Ratio?

Ferroglobe FRA:5FG +1.74% 67 Cyclically Adjusted PB Ratio is 0.76 as of Jul. 30, 2026, which is 21% below its 10-year median of 0.96. GuruFocus rates FRA:5FG with a GF Score™ of 67/100 and a GF Value™ of €3.80 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,537 Metals & Mining companies, Ferroglobe ranks better than 64.28% on this metric.

As of today (2026-07-30), Ferroglobe's current share price is €2.873. Ferroglobe's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €3.76. Ferroglobe's Cyclically Adjusted PB Ratio for today is 0.76.

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

FRA:5FG' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.73   Med: 0.96   Max: 1.18
Current: 0.73

During the past years, Ferroglobe's highest Cyclically Adjusted PB Ratio was 1.18. The lowest was 0.73. And the median was 0.96.

FRA:5FG's Cyclically Adjusted PB Ratio is ranked better than
64.28% of 1537 companies
in the Metals & Mining industry
Industry Median: 1.41 vs FRA:5FG: 0.73

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.

Ferroglobe's adjusted book value per share data for the three months ended in Mar. 2026 was €2.656. 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 €3.76 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ferroglobe  (FRA:5FG) 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.


Ferroglobe Cyclically Adjusted PB Ratio Related Terms


Ferroglobe Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Ferroglobe'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.

Ferroglobe Cyclically Adjusted PB Ratio Chart

Ferroglobe 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 1.04

Ferroglobe 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 0.00 0.79 0.99 1.04 0.95

FRA:5FG vs NB, UAMY, ALOY: Cyclically Adjusted PB Ratio Comparison

For the Other Industrial Metals & Mining subindustry, Ferroglobe'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.


Ferroglobe Cyclically Adjusted PB Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Ferroglobe's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:5FG
67GF Score
Ferroglobe PLC FRA:5FG
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ferroglobe 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.873/3.76
=0.76

* 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.

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

For example, Ferroglobe'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)
=2.656/140.8000*140.8000
=2.656

Current CPI (Mar. 2026) = 140.8000.

Ferroglobe Quarterly Data

Book Value per Share CPI Adj_Book
201606 5.585 101.000 7.786
201609 5.335 101.500 7.401
201612 4.229 102.200 5.826
201703 4.227 102.700 5.795
201706 4.042 103.500 5.499
201709 3.855 104.300 5.204
201712 4.009 105.000 5.376
201803 4.045 105.100 5.419
201806 4.392 105.900 5.839
201809 4.387 106.600 5.794
201812 3.993 107.100 5.249
201903 3.867 107.000 5.089
201906 3.663 107.900 4.780
201909 2.943 108.400 3.823
201912 2.577 108.500 3.344
202003 2.178 108.600 2.824
202006 2.110 108.800 2.731
202009 1.834 109.200 2.365
202012 1.220 109.400 1.570
202103 1.484 109.700 1.905
202106 0.926 111.400 1.170
202109 0.778 112.400 0.975
202112 1.011 114.700 1.241
202203 1.791 116.500 2.165
202206 2.685 120.500 3.137
202209 3.202 122.300 3.686
202212 3.274 125.300 3.679
202303 2.749 126.800 3.053
202306 3.530 129.400 3.841
202309 3.764 130.100 4.074
202312 3.660 130.500 3.949
202403 3.535 131.600 3.782
202406 3.729 133.000 3.948
202409 3.818 133.500 4.027
202412 3.673 135.100 3.828
202503 3.305 136.100 3.419
202506 3.247 138.400 3.303
202509 3.069 138.900 3.111
202512 2.722 139.900 2.740
202603 2.656 140.800 2.656

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 0.76 mean?
Ferroglobe (FRA:5FG) has a Cyclically Adjusted PB Ratio of 0.76 as of Jul. 30, 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 Ferroglobe and its competitors. This is 21% below median its historical median of 0.96. Over the past decade, Ferroglobe's Cyclically Adjusted PB Ratio has ranged from 0.73 to 1.18. According to the industry distribution chart, Ferroglobe ranks #549 out of 1537 companies in the Metals & Mining industry, placing it in the top 35.7%.
Is Ferroglobe's Cyclically Adjusted PB Ratio too high?
Ferroglobe's current Cyclically Adjusted PB Ratio of 0.76 is 21% below median its 10-year median of 0.96. Over the past 10 years, this metric has ranged from a low of 0.73 to a high of 1.18. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.41. Ferroglobe's value of 0.76 is 46.1% below this industry median. Based on the distribution chart, Ferroglobe ranks #549 out of 1537 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Ferroglobe has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ferroglobe's Cyclically Adjusted PB Ratio compare to NB and UAMY?
According to the Metals & Mining industry distribution chart, Ferroglobe ranks #549 out of 1537 companies for Cyclically Adjusted PB Ratio. This puts Ferroglobe in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.41. Ferroglobe's value of 0.76 is 46.1% below this benchmark. Historically, Ferroglobe's own Cyclically Adjusted PB Ratio has ranged from 0.73 to 1.18 over the past decade. While the company's 10-year median is 0.96 vs. the industry median of 1.41, Ferroglobe 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 a Metals & Mining company?
The median Cyclically Adjusted PB Ratio among Metals & Mining companies is 1.41, based on 1,537 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. Ferroglobe's current Cyclically Adjusted PB Ratio of 0.76 is 46.1% 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 Ferroglobe and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PB Ratio is 1.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ferroglobe's current Cyclically Adjusted PB Ratio is 0.76, which is 21% below median its own 10-year median of 0.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ferroglobe stock overvalued right now?
Based on GuruFocus' analysis, Ferroglobe (FRA:5FG) is currently considered Modestly Undervalued. The stock's GF Value™ is €3.80, compared to a current price of €2.87 — trading 24.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.76, which is 21% below median its 10-year median of 0.96 and 46.1% below the Metals & Mining industry median of 1.41. Ferroglobe's overall GF Score™ is 67/100 with 2 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 Ferroglobe (FRA:5FG), the current Cyclically Adjusted PB Ratio is 0.76 as of Jul. 30, 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 Ferroglobe (FRA:5FG) Overvalued in 2026?

Based on GuruFocus' analysis, Ferroglobe stock appears to be undervalued. The current stock price of €2.87 is trading 24.4% below its estimated GF Value™ of €3.80. GuruFocus considers Ferroglobe to be Modestly Undervalued.

Key valuation signals for FRA:5FG:

  • Cyclically Adjusted PB Ratio: 0.76 (21% below median its 10-year median of 0.96)
  • GF Value™: €3.80 vs. price of €2.87 (24.4% below fair value)
  • GF Score™: 67/100 with 2 warning signs
  • Industry Position: 46.1% below the Metals & Mining median (#549 of 1537)

No single metric tells the full story. See the FRA:5FG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ferroglobe Business Description

Other Exchanges GSM:USA
Address 13 Chesterfield Street, London, GBR, W1J 5JN
Ferroglobe PLC provides silicon-based alloys and specialty metals. It produces silicon metal and silicon and manganese-based alloy, serving customers in the specialty chemical, aluminum, solar, steel, and ductile iron foundry industries. The company's operating segments include Canada - Silicon Metals, Canada - Silicon Alloys, U.S. - Silicon Metals, U.S. - Silicon Alloys, Europe - Manganese Alloys, Europe - Silicon Metals, Europe - Silicon Alloys, South Africa - Silicon Metals, South Africa - Silicon Alloys, and Other segments. The primary raw materials the company uses to produce its electrometallurgy products include its coal and quartz mining operations and its silicon metal and ferroalloy production. The firm generates key revenue from Silicon metal and Manganese-based alloys.
67GF Score

Get the complete analysis for FRA:5FG

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

€2.87
Price
€3.80
GF Value