Voyageurs du Monde (FRA:8Z4) Cyclically Adjusted PB Ratio: 5.07 (As of Aug. 12, 2026) — Near Median

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FRA:8Z4 Voyageurs du Monde SA FRA:8Z4
84 GF Score
Price €176.50
GF Value €160.81
! 4 Warning Signs
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What is Voyageurs du Monde Cyclically Adjusted PB Ratio?

Voyageurs du Monde FRA:8Z4 -0.28% 84 Cyclically Adjusted PB Ratio is 5.07 as of Aug. 12, 2026, which is 7% above its 10-year median of 4.74. GuruFocus rates FRA:8Z4 with a GF Score™ of 84/100 and a GF Value™ of €160.81. The stock has 4 warning signs investors should review. Among 640 Travel & Leisure companies, Voyageurs du Monde ranks worse than 87.19% on this metric.

As of today (2026-08-12), Voyageurs du Monde's current share price is €176.50. Voyageurs du Monde's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was €34.79. Voyageurs du Monde's Cyclically Adjusted PB Ratio for today is 5.07.

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

FRA:8Z4' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.47   Med: 4.74   Max: 9.64
Current: 5.05

During the past 13 years, Voyageurs du Monde's highest Cyclically Adjusted PB Ratio was 9.64. The lowest was 2.47. And the median was 4.74.

FRA:8Z4's Cyclically Adjusted PB Ratio is ranked worse than
87.19% of 640 companies
in the Travel & Leisure industry
Industry Median: 1.205 vs FRA:8Z4: 5.05

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.

Voyageurs du Monde's adjusted book value per share data of for the fiscal year that ended in Dec25 was €51.794. 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 €34.79 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Voyageurs du Monde  (FRA:8Z4) 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.


Voyageurs du Monde Cyclically Adjusted PB Ratio Related Terms


Voyageurs du Monde Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Voyageurs du Monde'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.

Voyageurs du Monde Cyclically Adjusted PB Ratio Chart

Voyageurs du Monde 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 3.64 3.38 4.32 4.60 4.76

Voyageurs du Monde 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 4.32 0.00 4.60 0.00 4.76

FRA:8Z4 vs BKNG, ABNB, RCL: Cyclically Adjusted PB Ratio Comparison

For the Travel Services subindustry, Voyageurs du Monde'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.


Voyageurs du Monde Cyclically Adjusted PB Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Voyageurs du Monde's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:8Z4
84GF Score
Voyageurs du Monde SA FRA:8Z4
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Voyageurs du Monde 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.

Voyageurs du Monde's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=176.50/34.79
=5.07

* 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.

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

For example, Voyageurs du Monde'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)
=51.794/120.9000*120.9000
=51.794

Current CPI (Dec25) = 120.9000.

Voyageurs du Monde Annual Data

Book Value per Share CPI Adj_Book
201612 19.770 100.650 23.748
201712 23.425 101.850 27.806
201812 27.069 103.470 31.629
201912 30.357 104.980 34.961
202012 26.186 104.960 30.163
202112 26.765 107.850 30.004
202212 35.651 114.160 37.756
202312 48.249 118.390 49.272
202412 35.821 119.950 36.105
202512 51.794 120.900 51.794

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 5.07 mean?
Voyageurs du Monde (FRA:8Z4) has a Cyclically Adjusted PB Ratio of 5.07 as of Aug. 12, 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 Voyageurs du Monde and its competitors. This is near median its historical median of 4.74. Over the past decade, Voyageurs du Monde's Cyclically Adjusted PB Ratio has ranged from 2.47 to 9.64. According to the industry distribution chart, Voyageurs du Monde ranks #558 out of 640 companies in the Travel & Leisure industry, placing it in the top 87.2%.
Is Voyageurs du Monde's Cyclically Adjusted PB Ratio too high?
Voyageurs du Monde's current Cyclically Adjusted PB Ratio of 5.07 is near median its 10-year median of 4.74. Over the past 10 years, this metric has ranged from a low of 2.47 to a high of 9.64. The Travel & Leisure industry median Cyclically Adjusted PB Ratio is 1.21. Voyageurs du Monde's value of 5.07 is 320.7% above this industry median. Based on the distribution chart, Voyageurs du Monde ranks #558 out of 640 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Voyageurs du Monde has a GF Score™ of 84/100, reflecting its overall financial health beyond just this single metric.
How does Voyageurs du Monde's Cyclically Adjusted PB Ratio compare to BKNG and ABNB?
According to the Travel & Leisure industry distribution chart, Voyageurs du Monde ranks #558 out of 640 companies for Cyclically Adjusted PB Ratio. This places Voyageurs du Monde in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.21. Voyageurs du Monde's value of 5.07 is 320.7% above this benchmark. Historically, Voyageurs du Monde's own Cyclically Adjusted PB Ratio has ranged from 2.47 to 9.64 over the past decade. While the company's 10-year median is 4.74 vs. the industry median of 1.21, Voyageurs du Monde 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 Travel & Leisure company?
The median Cyclically Adjusted PB Ratio among Travel & Leisure companies is 1.21, based on 640 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. Voyageurs du Monde's current Cyclically Adjusted PB Ratio of 5.07 is 320.7% 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 Voyageurs du Monde and its competitors. For the Travel & Leisure industry, the median Cyclically Adjusted PB Ratio is 1.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Voyageurs du Monde's current Cyclically Adjusted PB Ratio is 5.07, which is near median its own 10-year median of 4.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Voyageurs du Monde stock overvalued right now?
Voyageurs du Monde (FRA:8Z4) has a current Cyclically Adjusted PB Ratio of 5.07. The stock's GF Value™ is €160.81, compared to a current price of €176.50 — trading 9.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 5.07, which is near median its 10-year median of 4.74 and 320.7% above the Travel & Leisure industry median of 1.21. Voyageurs du Monde's overall GF Score™ is 84/100 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 Voyageurs du Monde (FRA:8Z4), the current Cyclically Adjusted PB Ratio is 5.07 as of Aug. 12, 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 Voyageurs du Monde (FRA:8Z4) Overvalued in 2026?

Based on GuruFocus' analysis, Voyageurs du Monde stock appears to be overvalued. The current stock price of €176.50 is trading 9.8% above its estimated GF Value™ of €160.81.

Key valuation signals for FRA:8Z4:

  • Cyclically Adjusted PB Ratio: 5.07 (near median its 10-year median of 4.74)
  • GF Value™: €160.81 vs. price of €176.50 (9.8% above fair value)
  • GF Score™: 84/100 with 4 warning signs
  • Industry Position: 320.7% above the Travel & Leisure median (#558 of 640)

No single metric tells the full story. See the FRA:8Z4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Voyageurs du Monde Business Description

Other Exchanges ALVDM:France8Z4:Germany
Address 55 rue Sainte Anne, Paris, FRA, 75002
Voyageurs du Monde SA is engaged in providing travel services in France and internationally. It organizes individual personalized trips, honeymoons, family holidays, romantic weekend trips, world, and guided tours, cruise tours, and adventure and diving trips to Japan, Italy, Egypt, Australia, South Africa, Indonesia, the United States, Brazil, and Greece among other destinations.
84GF Score

Get the complete analysis for FRA:8Z4

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

€176.50
Price
€160.81
GF Value