Eight Capital Partners (FRA:ECS0) Cyclically Adjusted PB Ratio: (As of Jul. 23, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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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.
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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:ECS0 Eight Capital Partners PLC FRA:ECS0
38 GF Score
Price €0.42
GF Value €0.87
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Eight Capital Partners Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Eight Capital Partners  (FRA:ECS0) 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.


Eight Capital Partners Cyclically Adjusted PB Ratio Related Terms


Eight Capital Partners Cyclically Adjusted PB Ratio Historical Data

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The historical data trend for Eight Capital Partners'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.

Eight Capital Partners Cyclically Adjusted PB Ratio Chart

Eight Capital Partners 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 0.00 0.00

Eight Capital Partners 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 0.00 0.00 0.00

FRA:ECS0 vs BLK, BX, KKR: Cyclically Adjusted PB Ratio Comparison

For the Asset Management subindustry, Eight Capital Partners'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.


Eight Capital Partners Cyclically Adjusted PB Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Eight Capital Partners's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:ECS0
38GF Score
Eight Capital Partners PLC FRA:ECS0
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Eight Capital Partners 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.

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

For example, Eight Capital Partners'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)
=0.856/139.9000*139.9000
=0.856

Current CPI (Dec25) = 139.9000.

Eight Capital Partners Annual Data

Book Value per Share CPI Adj_Book
201612 0.023 102.200 0.031
201712 0.001 105.000 0.001
201812 5.504 107.100 7.190
201912 2.133 108.500 2.750
202012 0.113 109.400 0.145
202112 -34.376 114.700 -41.929
202212 0.718 125.300 0.802
202312 0.317 130.500 0.340
202412 0.807 135.100 0.836
202512 0.856 139.900 0.856

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 Eight Capital Partners (FRA:ECS0) Overvalued in 2026?

Based on GuruFocus' analysis, Eight Capital Partners stock appears to be undervalued. The current stock price of €0.42 is trading 52.2% below its estimated GF Value™ of €0.87. GuruFocus considers Eight Capital Partners to be Significantly Undervalued.

Key valuation signals for FRA:ECS0:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €0.87 vs. price of €0.42 (52.2% below fair value)
  • GF Score™: 38/100 with 3 warning signs

No single metric tells the full story. See the FRA:ECS0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Eight Capital Partners Business Description

Other Exchanges ECP:UK
Address 160 City Road, Kemp House, London, GBR, EC1V 2NX
Eight Capital Partners PLC is engaged in providing equity, debt, and equity-related investment capital, such as convertible loans, to growing companies that are seeking capital for growth and development, consolidation or acquisition, or as pre-IPO financing. It is focused on the opportunities to invest in the technology, media, telecoms, and financial services sectors.
38GF Score

Get the complete analysis for FRA:ECS0

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

€0.42
Price
€0.87
GF Value