Brother Industries (FRA:BI5) Cyclically Adjusted PB Ratio: 1.56 (As of Sep. 16, 2026) — Near Median

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Director of Data and Quant Analytics at GuruFocus
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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:BI5 Brother Industries Ltd FRA:BI5
78 GF Score
Price €24.80
GF Value €15.93
Valuation Significantly Overvalued
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What is Brother Industries Cyclically Adjusted PB Ratio?

Brother Industries FRA:BI5 +0.81% 78 Cyclically Adjusted PB Ratio is 1.56 as of Sep. 16, 2026, which is at its 10-year median of 1.56. GuruFocus rates FRA:BI5 with a GF Score™ of 78/100 and a GF Value™ of €15.93 (Significantly Overvalued). Among 2,099 Industrial Products companies, Brother Industries ranks better than 52.07% on this metric.

As of today (2026-09-16), Brother Industries's current share price is €24.80. Brother Industries's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €15.92. Brother Industries's Cyclically Adjusted PB Ratio for today is 1.56.

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

FRA:BI5' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.15   Med: 1.56   Max: 2.89
Current: 1.98

During the past years, Brother Industries's highest Cyclically Adjusted PB Ratio was 2.89. The lowest was 1.15. And the median was 1.56.

FRA:BI5's Cyclically Adjusted PB Ratio is ranked better than
52.07% of 2099 companies
in the Industrial Products industry
Industry Median: 2.08 vs FRA:BI5: 1.98

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.

Brother Industries's adjusted book value per share data for the three months ended in Mar. 2026 was €16.820. 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 €15.92 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Brother Industries  (FRA:BI5) 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.


Brother Industries Cyclically Adjusted PB Ratio Related Terms


Brother Industries Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Brother Industries'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.

Brother Industries Cyclically Adjusted PB Ratio Chart

Brother Industries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.29 1.00 1.22 1.07 0.97

Brother Industries 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 1.08 0.97 0.90 1.06 0.98

Brother Industries Cyclically Adjusted PB Ratio Competitor Comparison

For the Business Equipment & Supplies subindustry, Brother Industries'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.


Brother Industries Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Brother Industries's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:BI5
78GF Score
Brother Industries Ltd FRA:BI5
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Brother Industries 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.

Brother Industries's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=24.80/15.919
=1.56

* 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.

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

For example, Brother Industries'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)
=16.82/112.7000*112.7000
=16.820

Current CPI (Mar. 2026) = 112.7000.

Brother Industries Quarterly Data

Book Value per Share CPI Adj_Book
201606 10.512 98.100 12.076
201609 10.623 98.000 12.216
201612 11.336 98.400 12.983
201703 11.689 98.100 13.429
201706 11.307 98.500 12.937
201709 11.603 98.800 13.235
201712 11.807 99.400 13.387
201803 12.145 99.200 13.798
201806 12.406 99.200 14.094
201809 12.773 99.900 14.410
201812 13.166 99.700 14.883
201903 13.679 99.700 15.463
201906 13.499 99.800 15.244
201909 14.249 100.100 16.043
201912 14.542 100.500 16.307
202003 14.464 100.300 16.252
202006 14.171 99.900 15.987
202009 14.612 99.900 16.484
202012 15.016 99.300 17.042
202103 14.802 99.900 16.699
202106 14.967 99.500 16.953
202109 15.733 100.100 17.713
202112 15.683 100.100 17.657
202203 16.074 101.100 17.918
202206 16.368 101.800 18.121
202209 16.880 103.100 18.452
202212 16.393 104.100 17.747
202303 16.146 104.400 17.430
202306 15.938 105.200 17.074
202309 16.383 106.200 17.386
202312 16.432 106.800 17.340
202403 15.991 107.200 16.811
202406 15.977 108.200 16.641
202409 16.379 108.900 16.951
202412 17.029 110.700 17.337
202503 16.743 111.100 16.984
202506 15.925 111.700 16.068
202509 16.199 112.000 16.300
202512 16.142 113.000 16.099
202603 16.820 112.700 16.820

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 1.56 mean?
Brother Industries (FRA:BI5) has a Cyclically Adjusted PB Ratio of 1.56 as of Sep. 16, 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 Brother Industries and its competitors. This is near median its historical median of 1.56. Over the past decade, Brother Industries' Cyclically Adjusted PB Ratio has ranged from 1.15 to 2.89. According to the industry distribution chart, Brother Industries ranks #1006 out of 2099 companies in the Industrial Products industry, placing it in the top 47.9%.
Is Brother Industries' Cyclically Adjusted PB Ratio too high?
Brother Industries' current Cyclically Adjusted PB Ratio of 1.56 is near median its 10-year median of 1.56. Over the past 10 years, this metric has ranged from a low of 1.15 to a high of 2.89. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.08. Brother Industries' value of 1.56 is 25% below this industry median. Based on the distribution chart, Brother Industries ranks #1006 out of 2099 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Brother Industries has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Brother Industries' Cyclically Adjusted PB Ratio compare to competitors?
According to the Industrial Products industry distribution chart, Brother Industries ranks #1006 out of 2099 companies for Cyclically Adjusted PB Ratio. This puts Brother Industries in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.08. Brother Industries' value of 1.56 is 25% below this benchmark. Historically, Brother Industries' own Cyclically Adjusted PB Ratio has ranged from 1.15 to 2.89 over the past decade. While the company's 10-year median is 1.56 vs. the industry median of 2.08, Brother Industries 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 Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.08, based on 2,099 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. Brother Industries's current Cyclically Adjusted PB Ratio of 1.56 is 25% 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 Brother Industries and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Brother Industries's current Cyclically Adjusted PB Ratio is 1.56, which is near median its own 10-year median of 1.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Brother Industries stock overvalued right now?
Based on GuruFocus' analysis, Brother Industries (FRA:BI5) is currently considered Significantly Overvalued. The stock's GF Value™ is €15.93, compared to a current price of €24.80 — trading 55.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.56, which is near median its 10-year median of 1.56 and 25% below the Industrial Products industry median of 2.08. Brother Industries' overall GF Score™ is 78/100. 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 Brother Industries (FRA:BI5), the current Cyclically Adjusted PB Ratio is 1.56 as of Sep. 16, 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 Brother Industries (FRA:BI5) Overvalued in 2026?

Based on GuruFocus' analysis, Brother Industries stock appears to be overvalued. The current stock price of €24.80 is trading 55.7% above its estimated GF Value™ of €15.93. GuruFocus considers Brother Industries to be Significantly Overvalued.

Key valuation signals for FRA:BI5:

  • Cyclically Adjusted PB Ratio: 1.56 (near median its 10-year median of 1.56)
  • GF Value™: €15.93 vs. price of €24.80 (55.7% above fair value)
  • GF Score™: 78/100
  • Industry Position: 25% below the Industrial Products median (#1006 of 2099)

No single metric tells the full story. See the FRA:BI5 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Brother Industries Business Description

Address 15-1, Naeshiro-cho, Mizuho-ku, Aichi Prefecture, Nagoya, JPN, 467-8577
Brother Industries Ltd is a Japan-based company mainly engaged in producing and selling office equipment, printing solutions, and related supplies. The company operates through seven segments. The Domino segment covers industrial printing equipment, while the Machinery segment handles machine tools, industrial sewing machines, and garment printers. The Network and Content segment involves karaoke equipment and IT systems, and the Nissei segment produces reducers and gears. The Others segment includes new construction and renovation of buildings, and investment in information systems. The Personal and Home segment makes household sewing machines, and Printing and Solutions focuses on telecommunications and printing equipment. It generates majority revenue from Printing & Solutions segment.
78GF Score

Get the complete analysis for FRA:BI5

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

€24.80
Price
€15.93
GF Value