Cairn Homes (FRA:C5H) Cyclically Adjusted PB Ratio: 2.01 (As of Aug. 03, 2026) — 11% Above Median

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FRA:C5H Cairn Homes PLC FRA:C5H
95 GF Score
Price €2.46
GF Value €2.51
Valuation Fairly Valued
! 3 Warning Signs
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What is Cairn Homes Cyclically Adjusted PB Ratio?

Cairn Homes FRA:C5H -3.35% 95 Cyclically Adjusted PB Ratio is 2.01 as of Aug. 03, 2026, which is 11% above its 10-year median of 1.81. GuruFocus rates FRA:C5H with a GF Score™ of 95/100 and a GF Value™ of €2.51 (Fairly Valued). The stock has 3 warning signs investors should review. Among 74 Homebuilding & Construction companies, Cairn Homes ranks worse than 70.27% on this metric.

As of today (2026-08-03), Cairn Homes's current share price is €2.455. Cairn Homes's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was €1.22. Cairn Homes's Cyclically Adjusted PB Ratio for today is 2.01.

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

FRA:C5H' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.54   Med: 1.81   Max: 2.08
Current: 1.98

During the past 11 years, Cairn Homes's highest Cyclically Adjusted PB Ratio was 2.08. The lowest was 1.54. And the median was 1.81.

FRA:C5H's Cyclically Adjusted PB Ratio is ranked worse than
70.27% of 74 companies
in the Homebuilding & Construction industry
Industry Median: 1.075 vs FRA:C5H: 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.

Cairn Homes's adjusted book value per share data of for the fiscal year that ended in Dec25 was €1.354. 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 €1.22 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cairn Homes  (FRA:C5H) 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.


Cairn Homes Cyclically Adjusted PB Ratio Related Terms


Cairn Homes Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Cairn Homes'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.

Cairn Homes Cyclically Adjusted PB Ratio Chart

Cairn Homes 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 0.00 0.00 0.00 1.96 1.69

Cairn Homes 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 0.00 0.00 1.96 0.00 1.69

FRA:C5H vs DHI, PHM, LEN: Cyclically Adjusted PB Ratio Comparison

For the Residential Construction subindustry, Cairn Homes'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.


Cairn Homes Cyclically Adjusted PB Ratio vs Homebuilding & Construction Industry

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

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


FRA:C5H
95GF Score
Cairn Homes PLC FRA:C5H
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cairn Homes 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.

Cairn Homes's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.455/1.22
=2.01

* 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.

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

For example, Cairn Homes'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)
=1.354/125.7700*125.7700
=1.354

Current CPI (Dec25) = 125.7700.

Cairn Homes Annual Data

Book Value per Share CPI Adj_Book
201612 0.964 99.676 1.216
201712 0.945 100.075 1.188
201812 0.954 100.773 1.191
201912 0.988 102.068 1.217
202012 1.001 101.072 1.246
202112 1.038 106.653 1.224
202212 1.096 115.436 1.194
202312 1.160 120.749 1.208
202412 1.231 122.439 1.264
202512 1.354 125.770 1.354

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 2.01 mean?
Cairn Homes (FRA:C5H) has a Cyclically Adjusted PB Ratio of 2.01 as of Aug. 03, 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 Cairn Homes and its competitors. This is 11% above median its historical median of 1.81. Over the past decade, Cairn Homes' Cyclically Adjusted PB Ratio has ranged from 1.54 to 2.08. According to the industry distribution chart, Cairn Homes ranks #52 out of 74 companies in the Homebuilding & Construction industry, placing it in the top 70.3%.
Is Cairn Homes' Cyclically Adjusted PB Ratio too high?
Cairn Homes' current Cyclically Adjusted PB Ratio of 2.01 is 11% above median its 10-year median of 1.81. Over the past 10 years, this metric has ranged from a low of 1.54 to a high of 2.08. The Homebuilding & Construction industry median Cyclically Adjusted PB Ratio is 1.08. Cairn Homes' value of 2.01 is 87% above this industry median. Based on the distribution chart, Cairn Homes ranks #52 out of 74 companies in the Homebuilding & Construction industry, which is below the industry midpoint. Overall, Cairn Homes has a GF Score™ of 95/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Cairn Homes' Cyclically Adjusted PB Ratio compare to DHI and PHM?
According to the Homebuilding & Construction industry distribution chart, Cairn Homes ranks #52 out of 74 companies for Cyclically Adjusted PB Ratio. This places Cairn Homes in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.08. Cairn Homes' value of 2.01 is 87% above this benchmark. Historically, Cairn Homes' own Cyclically Adjusted PB Ratio has ranged from 1.54 to 2.08 over the past decade. While the company's 10-year median is 1.81 vs. the industry median of 1.08, Cairn Homes 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 Homebuilding & Construction company?
The median Cyclically Adjusted PB Ratio among Homebuilding & Construction companies is 1.08, based on 74 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. Cairn Homes's current Cyclically Adjusted PB Ratio of 2.01 is 87% 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 Cairn Homes and its competitors. For the Homebuilding & Construction industry, the median Cyclically Adjusted PB Ratio is 1.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cairn Homes's current Cyclically Adjusted PB Ratio is 2.01, which is 11% above median its own 10-year median of 1.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cairn Homes stock overvalued right now?
Based on GuruFocus' analysis, Cairn Homes (FRA:C5H) is currently considered Fairly Valued. The stock's GF Value™ is €2.51, compared to a current price of €2.46 — trading 2.2% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.01, which is 11% above median its 10-year median of 1.81 and 87% above the Homebuilding & Construction industry median of 1.08. Cairn Homes' overall GF Score™ is 95/100 with 3 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 Cairn Homes (FRA:C5H), the current Cyclically Adjusted PB Ratio is 2.01 as of Aug. 03, 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 Cairn Homes (FRA:C5H) Overvalued in 2026?

Based on GuruFocus' analysis, Cairn Homes stock appears to be undervalued. The current stock price of €2.46 is trading 2.2% below its estimated GF Value™ of €2.51. GuruFocus considers Cairn Homes to be Fairly Valued.

Key valuation signals for FRA:C5H:

  • Cyclically Adjusted PB Ratio: 2.01 (11% above median its 10-year median of 1.81)
  • GF Value™: €2.51 vs. price of €2.46 (2.2% below fair value)
  • GF Score™: 95/100 with 3 warning signs
  • Industry Position: 87% above the Homebuilding & Construction median (#52 of 74)

No single metric tells the full story. See the FRA:C5H stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cairn Homes Business Description

Other Exchanges C5H:IrelandCRNl:UKCRN:UK
Address 45 Mespil Road, Dublin 4, Dublin, IRL, D04 W2F1
Cairn Homes PLC is an Irish homebuilder. Its core activity is to design and develop properties mainly for residential purposes, mainly in the suburbs of Dublin City. The company's portfolio predominantly comprises new homes, residential communities, and apartments, and to a lesser extent, retail and commercial spaces. Sales of residential properties generate the majority of the company's revenue. Geographically, it operates in a single market, Ireland.
95GF Score

Get the complete analysis for FRA:C5H

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

€2.46
Price
€2.51
GF Value