Hexaom (FRA:88M) Cyclically Adjusted PB Ratio: (As of Sep. 20, 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.
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:88M Hexaom FRA:88M
76 GF Score
Price €21.60
GF Value €16.66
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Hexaom Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Hexaom  (FRA:88M) 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.


Hexaom Cyclically Adjusted PB Ratio Related Terms


Hexaom Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Hexaom'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.

Hexaom Cyclically Adjusted PB Ratio Chart

Hexaom 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 1.44 0.67 0.66 0.88 1.00

Hexaom Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.67 0.62 0.89 0.99 1.01

FRA:88M vs DHI, PHM, LEN: Cyclically Adjusted PB Ratio Comparison

For the Residential Construction subindustry, Hexaom'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.


Hexaom Cyclically Adjusted PB Ratio vs Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Hexaom's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:88M
76GF Score
Hexaom FRA:88M
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hexaom 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.

Hexaom's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Hexaom's adjusted Book Value per Share data for the fiscal year that ended in Dec25 was:

Adj_Book=Book Value per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=35.231/120.8900*120.8900
=35.231

Current CPI (Dec25) = 120.8900.

Hexaom Annual Data

Book Value per Share CPI Adj_Book
201612 21.719 100.650 26.087
201712 24.495 101.850 29.074
201812 26.837 103.470 31.355
201912 27.882 104.980 32.108
202012 30.524 104.960 35.157
202112 33.521 107.850 37.574
202212 26.677 114.160 28.250
202312 31.127 118.390 31.784
202412 33.225 119.950 33.485
202512 35.231 120.890 35.231

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 Hexaom (FRA:88M) Overvalued in 2026?

Based on GuruFocus' analysis, Hexaom stock appears to be overvalued. The current stock price of €21.60 is trading 29.7% above its estimated GF Value™ of €16.66. GuruFocus considers Hexaom to be Modestly Overvalued.

Key valuation signals for FRA:88M:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €16.66 vs. price of €21.60 (29.7% above fair value)
  • GF Score™: 76/100 with 4 warning signs

No single metric tells the full story. See the FRA:88M stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hexaom Business Description

Other Exchanges ALHEX:France
Address 2 Route d\'Ancinnes, BP 17, Alencon, FRA, FR-61000
Hexaom is involved in construction and renovation of homes in France. The activities of the company include Construction, Renovation, Fitting and improving a house and Services such as Financing brokerage and Connecting with partners.
76GF Score

Get the complete analysis for FRA:88M

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

€21.60
Price
€16.66
GF Value