Outfront Media (FRA:76C0) Cyclically Adjusted PB Ratio: (As of Aug. 06, 2026)

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.
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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:76C0 Outfront Media Inc FRA:76C0
60 GF Score
Price €26.60
GF Value €13.81
Valuation Significantly Overvalued
! 10 Warning Signs
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What is Outfront Media Cyclically Adjusted PB Ratio?

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
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.91 2.19 2.97 3.28 0.00

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.
View Full Analysis

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 Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Outfront Media's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=3.39/333.9520*333.9520
=3.390

Current CPI (Jun. 2026) = 333.9520.

Outfront Media Quarterly Data

Book Value per Share CPI Adj_Book
201609 8.278 241.428 11.450
201612 8.677 241.432 12.002
201703 8.192 243.801 11.221
201706 7.776 244.955 10.601
201709 7.411 246.819 10.027
201712 7.378 246.524 9.995
201803 6.756 249.554 9.041
201806 6.769 251.989 8.971
201809 6.807 252.439 9.005
201812 7.084 251.233 9.416
201903 6.732 254.202 8.844
201906 6.946 256.143 9.056
201909 7.086 256.759 9.216
201912 7.024 256.974 9.128
202003 6.607 258.115 8.548
202006 6.150 257.797 7.967
202009 5.811 260.280 7.456
202012 5.676 260.474 7.277
202103 5.361 264.877 6.759
202106 5.314 271.696 6.532
202109 5.544 274.310 6.749
202112 6.191 278.802 7.416
202203 6.890 287.504 8.003
202206 7.182 296.311 8.094
202209 7.610 296.808 8.562
202212 7.218 296.797 8.122
202303 6.614 301.836 7.318
202306 3.554 305.109 3.890
202309 3.433 307.789 3.725
202312 3.285 306.746 3.576
202403 2.979 312.332 3.185
202406 3.812 314.175 4.052
202409 3.438 315.301 3.641
202412 3.826 315.605 4.048
202503 3.138 319.799 3.277
202506 2.796 322.561 2.895
202509 2.764 324.800 2.842
202512 3.463 324.054 3.569
202603 3.252 330.213 3.289
202606 3.390 333.952 3.390

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.

Is Outfront Media (FRA:76C0) Overvalued in 2026?

Based on GuruFocus' analysis, Outfront Media stock appears to be overvalued. The current stock price of €26.60 is trading 92.6% above its estimated GF Value™ of €13.81. GuruFocus considers Outfront Media to be Significantly Overvalued.

Key valuation signals for FRA:76C0:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €13.81 vs. price of €26.60 (92.6% above fair value)
  • GF Score™: 60/100 with 10 warning signs

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

Get the complete analysis for FRA:76C0

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

€26.60
Price
€13.81
GF Value