Outfront Media (FRA:76C0) Cyclically Adjusted PB Ratio: 4.05 (As of Aug. 01, 2026) — 125% Above Median

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FRA:76C0 Outfront Media Inc FRA:76C0
60 GF Score
Price €27.00
GF Value €14.07
Valuation Significantly Overvalued
! 10 Warning Signs
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What is Outfront Media Cyclically Adjusted PB Ratio?

Outfront Media FRA:76C0 -2.17% 60 Cyclically Adjusted PB Ratio is 4.05 as of Aug. 01, 2026, which is 125% above its 10-year median of 1.80. GuruFocus rates FRA:76C0 with a GF Score™ of 60/100 and a GF Value™ of €14.07 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 554 REITs companies, Outfront Media ranks worse than 96.39% on this metric.

As of today (2026-08-01), Outfront Media's current share price is €27.00. Outfront Media's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €6.67. Outfront Media's Cyclically Adjusted PB Ratio for today is 4.05.

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

FRA:76C0' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.81   Med: 1.8   Max: 4.2
Current: 3.95

During the past years, Outfront Media's highest Cyclically Adjusted PB Ratio was 4.20. The lowest was 0.81. And the median was 1.80.

FRA:76C0's Cyclically Adjusted PB Ratio is ranked worse than
96.39% of 554 companies
in the REITs industry
Industry Median: 0.81 vs FRA:76C0: 3.95

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.

Outfront Media's adjusted book value per share data for the three months ended in Mar. 2026 was €3.252. 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 €6.67 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Outfront Media  (FRA:76C0) 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.


Outfront Media Cyclically Adjusted PB Ratio Related Terms


Outfront Media Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Outfront Media'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.

Outfront Media Cyclically Adjusted PB Ratio Chart

Outfront Media 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 2.22 1.40 1.45 2.05 2.97

Outfront Media 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 1.85 1.91 2.19 2.97 3.28

FRA:76C0 vs EPR, RYN, FRMI: Cyclically Adjusted PB Ratio Comparison

For the REIT - Specialty subindustry, Outfront Media'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.


Outfront Media Cyclically Adjusted PB Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Outfront Media's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:76C0
60GF Score
Outfront Media Inc FRA:76C0
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Outfront Media 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.

Outfront Media's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=27.00/6.67
=4.05

* 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.

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

For example, Outfront Media'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)
=3.252/330.2130*330.2130
=3.252

Current CPI (Mar. 2026) = 330.2130.

Outfront Media Quarterly Data

Book Value per Share CPI Adj_Book
201606 8.303 241.018 11.376
201609 8.278 241.428 11.322
201612 8.677 241.432 11.868
201703 8.192 243.801 11.096
201706 7.776 244.955 10.482
201709 7.411 246.819 9.915
201712 7.378 246.524 9.883
201803 6.756 249.554 8.940
201806 6.769 251.989 8.870
201809 6.807 252.439 8.904
201812 7.084 251.233 9.311
201903 6.732 254.202 8.745
201906 6.946 256.143 8.955
201909 7.086 256.759 9.113
201912 7.024 256.974 9.026
202003 6.607 258.115 8.453
202006 6.150 257.797 7.878
202009 5.811 260.280 7.372
202012 5.676 260.474 7.196
202103 5.361 264.877 6.683
202106 5.314 271.696 6.459
202109 5.544 274.310 6.674
202112 6.191 278.802 7.333
202203 6.890 287.504 7.914
202206 7.182 296.311 8.004
202209 7.610 296.808 8.466
202212 7.218 296.797 8.031
202303 6.614 301.836 7.236
202306 3.554 305.109 3.846
202309 3.433 307.789 3.683
202312 3.285 306.746 3.536
202403 2.979 312.332 3.150
202406 3.812 314.175 4.007
202409 3.438 315.301 3.601
202412 3.826 315.605 4.003
202503 3.138 319.799 3.240
202506 2.796 322.561 2.862
202509 2.764 324.800 2.810
202512 3.463 324.054 3.529
202603 3.252 330.213 3.252

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 4.05 mean?
Outfront Media (FRA:76C0) has a Cyclically Adjusted PB Ratio of 4.05 as of Aug. 01, 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 Outfront Media and its competitors. This is 125% above median its historical median of 1.80. Over the past decade, Outfront Media's Cyclically Adjusted PB Ratio has ranged from 0.81 to 4.20. According to the industry distribution chart, Outfront Media ranks #534 out of 554 companies in the REITs industry, placing it in the top 96.4%.
Is Outfront Media's Cyclically Adjusted PB Ratio too high?
Outfront Media's current Cyclically Adjusted PB Ratio of 4.05 is 125% above median its 10-year median of 1.80. Over the past 10 years, this metric has ranged from a low of 0.81 to a high of 4.20. The REITs industry median Cyclically Adjusted PB Ratio is 0.81. Outfront Media's value of 4.05 is 400% above this industry median. Based on the distribution chart, Outfront Media ranks #534 out of 554 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Outfront Media has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Outfront Media's Cyclically Adjusted PB Ratio compare to EPR and RYN?
According to the REITs industry distribution chart, Outfront Media ranks #534 out of 554 companies for Cyclically Adjusted PB Ratio. This places Outfront Media in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.81. Outfront Media's value of 4.05 is 400% above this benchmark. Historically, Outfront Media's own Cyclically Adjusted PB Ratio has ranged from 0.81 to 4.20 over the past decade. While the company's 10-year median is 1.80 vs. the industry median of 0.81, Outfront Media 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 REITs company?
The median Cyclically Adjusted PB Ratio among REITs companies is 0.81, based on 554 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. Outfront Media's current Cyclically Adjusted PB Ratio of 4.05 is 400% 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 Outfront Media and its competitors. For the REITs industry, the median Cyclically Adjusted PB Ratio is 0.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Outfront Media's current Cyclically Adjusted PB Ratio is 4.05, which is 125% above median its own 10-year median of 1.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Outfront Media stock overvalued right now?
Based on GuruFocus' analysis, Outfront Media (FRA:76C0) is currently considered Significantly Overvalued. The stock's GF Value™ is €14.07, compared to a current price of €27.00 — trading 91.9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 4.05, which is 125% above median its 10-year median of 1.80 and 400% above the REITs industry median of 0.81. Outfront Media's overall GF Score™ is 60/100 with 10 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 Outfront Media (FRA:76C0), the current Cyclically Adjusted PB Ratio is 4.05 as of Aug. 01, 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 Outfront Media (FRA:76C0) Overvalued in 2026?

Based on GuruFocus' analysis, Outfront Media stock appears to be overvalued. The current stock price of €27.00 is trading 91.9% above its estimated GF Value™ of €14.07. GuruFocus considers Outfront Media to be Significantly Overvalued.

Key valuation signals for FRA:76C0:

  • Cyclically Adjusted PB Ratio: 4.05 (125% above median its 10-year median of 1.80)
  • GF Value™: €14.07 vs. price of €27.00 (91.9% above fair value)
  • GF Score™: 60/100 with 10 warning signs
  • Industry Position: 400% above the REITs median (#534 of 554)

No single metric tells the full story. See the FRA:76C0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Outfront Media Business Description

Industry Real EstateREITs
Other Exchanges OUT:USAO1UT34:Brazil
Address 90 Park Avenue, 9th Floor, New York, NY, USA, 10016
Outfront Media Inc is a real estate investment trust involved in the ownership of advertising space on its portfolio of billboards and transit displays. The company has two reportable operating segments: Billboard and Transit. It derives maximum revenue from Billboard Segment. The company geographically operates in United States and Canada, of which United States derive maximum revenue.
60GF Score

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

€27.00
Price
€14.07
GF Value