FreightCar America (FRA:FAR) Cyclically Adjusted PB Ratio: 1.05 (As of Jul. 22, 2026) — 209% Above Median

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FRA:FAR FreightCar America Inc FRA:FAR
72 GF Score
Price €6.65
GF Value €5.36
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is FreightCar America Cyclically Adjusted PB Ratio?

FreightCar America FRA:FAR +5.56% 72 Cyclically Adjusted PB Ratio is 1.05 as of Jul. 22, 2026, which is 209% above its 10-year median of 0.34. GuruFocus rates FRA:FAR with a GF Score™ of 72/100 and a GF Value™ of €5.36 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 738 Transportation companies, FreightCar America ranks better than 61.79% on this metric.

As of today (2026-07-22), FreightCar America's current share price is €6.65. FreightCar America's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €6.34. FreightCar America's Cyclically Adjusted PB Ratio for today is 1.05.

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

FRA:FAR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.04   Med: 0.34   Max: 1.68
Current: 1.03

During the past years, FreightCar America's highest Cyclically Adjusted PB Ratio was 1.68. The lowest was 0.04. And the median was 0.34.

FRA:FAR's Cyclically Adjusted PB Ratio is ranked better than
61.79% of 738 companies
in the Transportation industry
Industry Median: 1.24 vs FRA:FAR: 1.03

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.

FreightCar America's adjusted book value per share data for the three months ended in Mar. 2026 was €-2.960. 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 €6.34 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


FreightCar America  (FRA:FAR) 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.


FreightCar America Cyclically Adjusted PB Ratio Related Terms


FreightCar America Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for FreightCar America'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.

FreightCar America Cyclically Adjusted PB Ratio Chart

FreightCar America 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 0.22 0.21 0.20 0.83 1.34

FreightCar America 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 0.54 0.89 1.08 1.34 1.05

FRA:FAR vs SWVL, RVSN, PNYG: Cyclically Adjusted PB Ratio Comparison

For the Railroads subindustry, FreightCar America'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.


FreightCar America Cyclically Adjusted PB Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, FreightCar America's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:FAR
72GF Score
FreightCar America Inc FRA:FAR
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

FreightCar America 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.

FreightCar America's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=6.65/6.34
=1.05

* 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.

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

For example, FreightCar America'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)
=-2.96/330.2130*330.2130
=-2.960

Current CPI (Mar. 2026) = 330.2130.

FreightCar America Quarterly Data

Book Value per Share CPI Adj_Book
201606 18.593 241.018 25.474
201609 18.485 241.428 25.283
201612 19.673 241.432 26.907
201703 19.322 243.801 26.170
201706 18.281 244.955 24.644
201709 16.431 246.819 21.983
201712 15.798 246.524 21.161
201803 14.734 249.554 19.496
201806 15.432 251.989 20.222
201809 15.080 252.439 19.726
201812 13.658 251.233 17.952
201903 12.679 254.202 16.470
201906 11.507 256.143 14.835
201909 9.231 256.759 11.872
201912 8.315 256.974 10.685
202003 6.916 258.115 8.848
202006 5.851 257.797 7.495
202009 3.060 260.280 3.882
202012 1.614 260.474 2.046
202103 -0.415 264.877 -0.517
202106 -0.504 271.696 -0.613
202109 -0.536 274.310 -0.645
202112 -0.092 278.802 -0.109
202203 -1.430 287.504 -1.642
202206 -0.575 296.311 -0.641
202209 -1.122 296.808 -1.248
202212 -1.567 296.797 -1.743
202303 -1.716 301.836 -1.877
202306 -2.524 305.109 -2.732
202309 -2.317 307.789 -2.486
202312 -2.367 306.746 -2.548
202403 -2.856 312.332 -3.020
202406 -2.403 314.175 -2.526
202409 -7.458 315.301 -7.811
202412 -7.569 315.605 -7.919
202503 -4.732 319.799 -4.886
202506 -3.783 322.561 -3.873
202509 -4.059 324.800 -4.127
202512 -4.805 324.054 -4.896
202603 -2.960 330.213 -2.960

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 1.05 mean?
FreightCar America (FRA:FAR) has a Cyclically Adjusted PB Ratio of 1.05 as of Jul. 22, 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 FreightCar America and its competitors. This is 209% above median its historical median of 0.34. Over the past decade, FreightCar America's Cyclically Adjusted PB Ratio has ranged from 0.04 to 1.68. According to the industry distribution chart, FreightCar America ranks #282 out of 738 companies in the Transportation industry, placing it in the top 38.2%.
Is FreightCar America's Cyclically Adjusted PB Ratio too high?
FreightCar America's current Cyclically Adjusted PB Ratio of 1.05 is 209% above median its 10-year median of 0.34. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 1.68. The Transportation industry median Cyclically Adjusted PB Ratio is 1.24. FreightCar America's value of 1.05 is 15.3% below this industry median. Based on the distribution chart, FreightCar America ranks #282 out of 738 companies in the Transportation industry, which is above the industry midpoint. Overall, FreightCar America has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does FreightCar America's Cyclically Adjusted PB Ratio compare to SWVL and RVSN?
According to the Transportation industry distribution chart, FreightCar America ranks #282 out of 738 companies for Cyclically Adjusted PB Ratio. This puts FreightCar America in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.24. FreightCar America's value of 1.05 is 15.3% below this benchmark. Historically, FreightCar America's own Cyclically Adjusted PB Ratio has ranged from 0.04 to 1.68 over the past decade. While the company's 10-year median is 0.34 vs. the industry median of 1.24, FreightCar America 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 a Transportation company?
The median Cyclically Adjusted PB Ratio among Transportation companies is 1.24, based on 738 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. FreightCar America's current Cyclically Adjusted PB Ratio of 1.05 is 15.3% 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 FreightCar America and its competitors. For the Transportation industry, the median Cyclically Adjusted PB Ratio is 1.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FreightCar America's current Cyclically Adjusted PB Ratio is 1.05, which is 209% above median its own 10-year median of 0.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FreightCar America stock overvalued right now?
Based on GuruFocus' analysis, FreightCar America (FRA:FAR) is currently considered Modestly Overvalued. The stock's GF Value™ is €5.36, compared to a current price of €6.65 — trading 24.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.05, which is 209% above median its 10-year median of 0.34 and 15.3% below the Transportation industry median of 1.24. FreightCar America's overall GF Score™ is 72/100 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 FreightCar America (FRA:FAR), the current Cyclically Adjusted PB Ratio is 1.05 as of Jul. 22, 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 FreightCar America (FRA:FAR) Overvalued in 2026?

Based on GuruFocus' analysis, FreightCar America stock appears to be overvalued. The current stock price of €6.65 is trading 24.1% above its estimated GF Value™ of €5.36. GuruFocus considers FreightCar America to be Modestly Overvalued.

Key valuation signals for FRA:FAR:

  • Cyclically Adjusted PB Ratio: 1.05 (209% above median its 10-year median of 0.34)
  • GF Value™: €5.36 vs. price of €6.65 (24.1% above fair value)
  • GF Score™: 72/100 with 4 warning signs
  • Industry Position: 15.3% below the Transportation median (#282 of 738)

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


FreightCar America Business Description

Other Exchanges RAIL:USA
Address 125 South Wacker Drive, Suite 1500, Chicago, IL, USA, 60606
FreightCar America Inc is a diversified manufacturer and supplier of railcars and railcar components. It designs and manufactures a variety of railcar types for transportation of bulk commodities and containerized freight products in North America. The company also provides railcar rebody and repair services, railcar conversion services, and supplies railcar parts. The company has two segments: Manufacturing and Aftermarket. The majority of the company's revenue is derived from the Manufacturing segment, which includes new railcar manufacturing, used railcar sales, and various conversions and rebodies. Geographically, it generates the maximum revenue from the United States.
72GF Score

Get the complete analysis for FRA:FAR

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

€6.65
Price
€5.36
GF Value