Outdoor Holding Co (FRA:92P) Cyclically Adjusted PB Ratio: 1.34 (As of Jul. 24, 2026) — 46% Below Median

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FRA:92P Outdoor Holding Co FRA:92P
52 GF Score
Price €1.90
GF Value €1.94
! 1 Warning Sign
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What is Outdoor Holding Co Cyclically Adjusted PB Ratio?

Outdoor Holding Co FRA:92P -0.52% 52 Cyclically Adjusted PB Ratio is 1.34 as of Jul. 24, 2026, which is 46% below its 10-year median of 2.47. GuruFocus rates FRA:92P with a GF Score™ of 52/100 and a GF Value™ of €1.94. The stock has 1 warning sign investors should review. Among 214 Aerospace & Defense companies, Outdoor Holding Co ranks better than 81.31% on this metric.

As of today (2026-07-24), Outdoor Holding Co's current share price is €1.90. Outdoor Holding Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €1.42. Outdoor Holding Co's Cyclically Adjusted PB Ratio for today is 1.34.

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

FRA:92P' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.77   Med: 2.47   Max: 178
Current: 1.23

During the past years, Outdoor Holding Co's highest Cyclically Adjusted PB Ratio was 178.00. The lowest was 0.77. And the median was 2.47.

FRA:92P's Cyclically Adjusted PB Ratio is ranked better than
81.31% of 214 companies
in the Aerospace & Defense industry
Industry Median: 3.455 vs FRA:92P: 1.23

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.

Outdoor Holding Co's adjusted book value per share data for the three months ended in Mar. 2026 was €1.738. 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 €1.42 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Outdoor Holding Co  (FRA:92P) 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.


Outdoor Holding Co Cyclically Adjusted PB Ratio Related Terms


Outdoor Holding Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Outdoor Holding Co'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.

Outdoor Holding Co Cyclically Adjusted PB Ratio Chart

Outdoor Holding Co Annual Data
Trend Dec16 Dec17 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.40 3.13 2.68 1.00 1.18

Outdoor Holding Co 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 1.00 0.88 0.96 1.07 1.18

FRA:92P vs BUKS, FJET, SIDU: Cyclically Adjusted PB Ratio Comparison

For the Aerospace & Defense subindustry, Outdoor Holding Co'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.


Outdoor Holding Co Cyclically Adjusted PB Ratio vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Outdoor Holding Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:92P
52GF Score
Outdoor Holding Co FRA:92P
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Outdoor Holding Co 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.

Outdoor Holding Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.90/1.42
=1.34

* 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.

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

For example, Outdoor Holding Co'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)
=1.738/330.2130*330.2130
=1.738

Current CPI (Mar. 2026) = 330.2130.

Outdoor Holding Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 -0.503 241.018 -0.689
201609 -0.511 241.428 -0.699
201612 -1.028 241.432 -1.406
201703 0.044 243.801 0.060
201706 0.088 244.955 0.119
201709 0.042 246.819 0.056
201712 0.094 246.524 0.126
201803 0.276 249.554 0.365
201806 0.360 251.989 0.472
201809 0.375 252.439 0.491
201812 0.476 251.233 0.626
201903 0.594 254.202 0.772
201906 0.554 256.143 0.714
201909 0.513 256.759 0.660
201912 0.458 256.974 0.589
202003 0.377 258.115 0.482
202006 0.344 257.797 0.441
202009 0.307 260.280 0.389
202012 0.554 260.474 0.702
202103 1.447 264.877 1.804
202106 2.462 271.696 2.992
202109 2.621 274.310 3.155
202112 2.845 278.802 3.370
202203 2.930 287.504 3.365
202206 3.058 296.311 3.408
202209 3.253 296.808 3.619
202212 3.003 296.797 3.341
202303 2.954 301.836 3.232
202306 2.897 305.109 3.135
202309 2.871 307.789 3.080
202312 2.793 306.746 3.007
202403 2.764 312.332 2.922
202406 2.722 314.175 2.861
202409 2.470 315.301 2.587
202412 2.456 315.605 2.570
202503 1.758 319.799 1.815
202506 1.647 322.561 1.686
202509 1.713 324.800 1.742
202512 1.728 324.054 1.761
202603 1.738 330.213 1.738

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 1.34 mean?
Outdoor Holding Co (FRA:92P) has a Cyclically Adjusted PB Ratio of 1.34 as of Jul. 24, 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 Outdoor Holding Co and its competitors. This is 46% below median its historical median of 2.47. Over the past decade, Outdoor Holding Co's Cyclically Adjusted PB Ratio has ranged from 0.77 to 178.00. According to the industry distribution chart, Outdoor Holding Co ranks #40 out of 214 companies in the Aerospace & Defense industry, placing it in the top 18.7%.
Is Outdoor Holding Co's Cyclically Adjusted PB Ratio too high?
Outdoor Holding Co's current Cyclically Adjusted PB Ratio of 1.34 is 46% below median its 10-year median of 2.47. Over the past 10 years, this metric has ranged from a low of 0.77 to a high of 178.00. The Aerospace & Defense industry median Cyclically Adjusted PB Ratio is 3.46. Outdoor Holding Co's value of 1.34 is 61.2% below this industry median. Based on the distribution chart, Outdoor Holding Co ranks #40 out of 214 companies in the Aerospace & Defense industry, which is in the top quartile — a strong position relative to peers. Overall, Outdoor Holding Co has a GF Score™ of 52/100, reflecting its overall financial health beyond just this single metric.
How does Outdoor Holding Co's Cyclically Adjusted PB Ratio compare to BUKS and FJET?
According to the Aerospace & Defense industry distribution chart, Outdoor Holding Co ranks #40 out of 214 companies for Cyclically Adjusted PB Ratio. This places Outdoor Holding Co in the top 19% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 3.46. Outdoor Holding Co's value of 1.34 is 61.2% below this benchmark. Historically, Outdoor Holding Co's own Cyclically Adjusted PB Ratio has ranged from 0.77 to 178.00 over the past decade. While the company's 10-year median is 2.47 vs. the industry median of 3.46, Outdoor Holding Co has consistently been below 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 an Aerospace & Defense company?
The median Cyclically Adjusted PB Ratio among Aerospace & Defense companies is 3.46, based on 214 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. Outdoor Holding Co's current Cyclically Adjusted PB Ratio of 1.34 is 61.2% below 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 Outdoor Holding Co and its competitors. For the Aerospace & Defense industry, the median Cyclically Adjusted PB Ratio is 3.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Outdoor Holding Co's current Cyclically Adjusted PB Ratio is 1.34, which is 46% below median its own 10-year median of 2.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Outdoor Holding Co stock overvalued right now?
Outdoor Holding Co (FRA:92P) has a current Cyclically Adjusted PB Ratio of 1.34. The stock's GF Value™ is €1.94, compared to a current price of €1.90 — trading 2.1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.34, which is 46% below median its 10-year median of 2.47 and 61.2% below the Aerospace & Defense industry median of 3.46. Outdoor Holding Co's overall GF Score™ is 52/100 with 1 warning sign 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 Outdoor Holding Co (FRA:92P), the current Cyclically Adjusted PB Ratio is 1.34 as of Jul. 24, 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 Outdoor Holding Co (FRA:92P) Overvalued in 2026?

Based on GuruFocus' analysis, Outdoor Holding Co stock appears to be undervalued. The current stock price of €1.90 is trading 2.1% below its estimated GF Value™ of €1.94.

Key valuation signals for FRA:92P:

  • Cyclically Adjusted PB Ratio: 1.34 (46% below median its 10-year median of 2.47)
  • GF Value™: €1.94 vs. price of €1.90 (2.1% below fair value)
  • GF Score™: 52/100 with 1 warning sign
  • Industry Position: 61.2% below the Aerospace & Defense median (#40 of 214)

No single metric tells the full story. See the FRA:92P stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Outdoor Holding Co Business Description

Other Exchanges POWW:USA92P:Germany
Address 7681 East Gray Road, Scottsdale, AZ, USA, 85260
Outdoor Holding Co Formerly AMMO Inc is the owner of GunBroker.com, the online marketplace serving the firearms and shooting sports industries, and a vertically integrated producer of high-performance ammunition and components. It engages in the design, manufacture, and market of ammunition products in the Shooting sports industry in the United States. The firm's product segment comprises Ammunition and Marketplace. The Ammunition segment engages in the design, production, and marketing of ammunition and ammunition component products and the marketplace segment consists of the GunBroker.com marketplace. The company generates the majority of its revenue from the Ammunition segment.
52GF Score

Get the complete analysis for FRA:92P

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

€1.90
Price
€1.94
GF Value