Research Solutions (FRA:61I) Cyclically Adjusted PB Ratio: 8.30 (As of Aug. 16, 2026) — 42% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:61I Research Solutions Inc FRA:61I
69 GF Score
Price €1.91
GF Value €2.33
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Research Solutions Cyclically Adjusted PB Ratio?

Research Solutions FRA:61I +2.69% 69 Cyclically Adjusted PB Ratio is 8.30 as of Aug. 16, 2026, which is 42% below its 10-year median of 14.25. GuruFocus rates FRA:61I with a GF Score™ of 69/100 and a GF Value™ of €2.33 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,548 Software companies, Research Solutions ranks worse than 85.98% on this metric.

As of today (2026-08-16), Research Solutions's current share price is €1.91. Research Solutions's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €0.23. Research Solutions's Cyclically Adjusted PB Ratio for today is 8.30.

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

FRA:61I' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.95   Med: 14.25   Max: 25.75
Current: 8.3

During the past years, Research Solutions's highest Cyclically Adjusted PB Ratio was 25.75. The lowest was 4.95. And the median was 14.25.

FRA:61I's Cyclically Adjusted PB Ratio is ranked worse than
85.98% of 1548 companies
in the Software industry
Industry Median: 2.34 vs FRA:61I: 8.30

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.

Research Solutions's adjusted book value per share data for the three months ended in Mar. 2026 was €0.497. 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 €0.23 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Research Solutions  (FRA:61I) 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.


Research Solutions Cyclically Adjusted PB Ratio Related Terms


Research Solutions Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Research Solutions'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.

Research Solutions Cyclically Adjusted PB Ratio Chart

Research Solutions Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.31 13.13 12.55 12.55 11.96

Research Solutions 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 11.34 11.96 14.82 11.21 8.09

FRA:61I vs IDN, FRMM, AEYE: Cyclically Adjusted PB Ratio Comparison

For the Software - Application subindustry, Research Solutions'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.


Research Solutions Cyclically Adjusted PB Ratio vs Software Industry

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

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


FRA:61I
69GF Score
Research Solutions Inc FRA:61I
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Research Solutions 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.

Research Solutions's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.91/0.23
=8.30

* 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.

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

For example, Research Solutions'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)
=0.497/330.2130*330.2130
=0.497

Current CPI (Mar. 2026) = 330.2130.

Research Solutions Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.226 241.018 0.310
201609 0.213 241.428 0.291
201612 0.203 241.432 0.278
201703 0.178 243.801 0.241
201706 0.162 244.955 0.218
201709 0.132 246.819 0.177
201712 0.120 246.524 0.161
201803 0.112 249.554 0.148
201806 0.117 251.989 0.153
201809 0.111 252.439 0.145
201812 0.107 251.233 0.141
201903 0.107 254.202 0.139
201906 0.110 256.143 0.142
201909 0.112 256.759 0.144
201912 0.104 256.974 0.134
202003 0.166 258.115 0.212
202006 0.166 257.797 0.213
202009 0.162 260.280 0.206
202012 0.163 260.474 0.207
202103 0.165 264.877 0.206
202106 0.170 271.696 0.207
202109 0.165 274.310 0.199
202112 0.167 278.802 0.198
202203 0.174 287.504 0.200
202206 0.171 296.311 0.191
202209 0.197 296.808 0.219
202212 0.183 296.797 0.204
202303 0.202 301.836 0.221
202306 0.229 305.109 0.248
202309 0.218 307.789 0.234
202312 0.393 306.746 0.423
202403 0.403 312.332 0.426
202406 0.336 314.175 0.353
202409 0.354 315.301 0.371
202412 0.326 315.605 0.341
202503 0.321 319.799 0.331
202506 0.372 322.561 0.381
202509 0.405 324.800 0.412
202512 0.448 324.054 0.457
202603 0.497 330.213 0.497

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 8.30 mean?
Research Solutions (FRA:61I) has a Cyclically Adjusted PB Ratio of 8.30 as of Aug. 16, 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 Research Solutions and its competitors. This is 42% below median its historical median of 14.25. Over the past decade, Research Solutions' Cyclically Adjusted PB Ratio has ranged from 4.95 to 25.75. According to the industry distribution chart, Research Solutions ranks #1331 out of 1548 companies in the Software industry, placing it in the top 86%.
Is Research Solutions' Cyclically Adjusted PB Ratio too high?
Research Solutions' current Cyclically Adjusted PB Ratio of 8.30 is 42% below median its 10-year median of 14.25. Over the past 10 years, this metric has ranged from a low of 4.95 to a high of 25.75. The Software industry median Cyclically Adjusted PB Ratio is 2.34. Research Solutions' value of 8.30 is 254.7% above this industry median. Based on the distribution chart, Research Solutions ranks #1331 out of 1548 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Research Solutions has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Research Solutions' Cyclically Adjusted PB Ratio compare to IDN and FRMM?
According to the Software industry distribution chart, Research Solutions ranks #1331 out of 1548 companies for Cyclically Adjusted PB Ratio. This places Research Solutions in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.34. Research Solutions' value of 8.30 is 254.7% above this benchmark. Historically, Research Solutions' own Cyclically Adjusted PB Ratio has ranged from 4.95 to 25.75 over the past decade. While the company's 10-year median is 14.25 vs. the industry median of 2.34, Research Solutions 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 1,548 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. Research Solutions's current Cyclically Adjusted PB Ratio of 8.30 is 254.7% 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 Research Solutions 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. Research Solutions's current Cyclically Adjusted PB Ratio is 8.30, which is 42% below median its own 10-year median of 14.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Research Solutions stock overvalued right now?
Based on GuruFocus' analysis, Research Solutions (FRA:61I) is currently considered Modestly Undervalued. The stock's GF Value™ is €2.33, compared to a current price of €1.91 — trading 18% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 8.30, which is 42% below median its 10-year median of 14.25 and 254.7% above the Software industry median of 2.34. Research Solutions' overall GF Score™ is 69/100 with 4 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 Research Solutions (FRA:61I), the current Cyclically Adjusted PB Ratio is 8.30 as of Aug. 16, 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 Research Solutions (FRA:61I) Overvalued in 2026?

Based on GuruFocus' analysis, Research Solutions stock appears to be undervalued. The current stock price of €1.91 is trading 18% below its estimated GF Value™ of €2.33. GuruFocus considers Research Solutions to be Modestly Undervalued.

Key valuation signals for FRA:61I:

  • Cyclically Adjusted PB Ratio: 8.30 (42% below median its 10-year median of 14.25)
  • GF Value™: €2.33 vs. price of €1.91 (18% below fair value)
  • GF Score™: 69/100 with 4 warning signs
  • Industry Position: 254.7% above the Software median (#1331 of 1548)

No single metric tells the full story. See the FRA:61I stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Research Solutions Business Description

Other Exchanges RSSS:USA
Address 10624 E. Eastern Avenue, Suite A-614, Henderson, NV, USA, 89052
Research Solutions Inc is a holding company. The company provides vertical software-as-a-service ("SaaS") and artificial intelligence ("AI") solutions, providing software and related services to help research-intensive organizations simplify the research process, save time, and money. The company operates in a single segment, which derives its revenue from subscription fees from its cloud-based SaaS Platforms and transactional service fees for the electronic delivery of single articles. The company generates the majority of its revenue from the Transactions. Geographically, the company generates the majority of its revenue from the United States, followed by Europe.
69GF Score

Get the complete analysis for FRA:61I

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

€1.91
Price
€2.33
GF Value