Founder Holdings (FRA:FOU1) Cyclically Adjusted PB Ratio: (As of Sep. 22, 2026)

Author: 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
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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:FOU1 Founder Holdings Ltd FRA:FOU1
52 GF Score
Price €0.06
GF Value €0.07
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Founder Holdings Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Founder Holdings  (FRA:FOU1) 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.


Founder Holdings Cyclically Adjusted PB Ratio Related Terms


Founder Holdings Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Founder Holdings'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.

Founder Holdings Cyclically Adjusted PB Ratio Chart

Founder Holdings 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 0.86 0.41 0.39 1.06 0.78

Founder Holdings Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 0.57 1.06 1.07 0.79 0.51

FRA:FOU1 vs CRM, SHOP, UBER: Cyclically Adjusted PB Ratio Comparison

For the Software - Application subindustry, Founder Holdings'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.


Founder Holdings Cyclically Adjusted PB Ratio vs Software Industry

For the Software industry and Technology sector, Founder Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:FOU1
52GF Score
Founder Holdings Ltd FRA:FOU1
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Founder Holdings 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.

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

For example, Founder Holdings'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)
=0.106/120.7036*120.7036
=0.106

Current CPI (Dec25) = 120.7036.

Founder Holdings Annual Data

Book Value per Share CPI Adj_Book
201612 0.099 103.225 0.116
201712 0.101 104.984 0.116
201812 0.110 107.622 0.123
201912 0.090 110.700 0.098
202012 0.092 109.711 0.101
202112 0.103 112.349 0.111
202212 0.105 114.548 0.111
202312 0.106 117.296 0.109
202412 0.116 118.945 0.118
202512 0.106 120.704 0.106

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 Founder Holdings (FRA:FOU1) Overvalued in 2026?

Based on GuruFocus' analysis, Founder Holdings stock appears to be undervalued. The current stock price of €0.06 is trading 16.4% below its estimated GF Value™ of €0.07. GuruFocus considers Founder Holdings to be Modestly Undervalued.

Key valuation signals for FRA:FOU1:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €0.07 vs. price of €0.06 (16.4% below fair value)
  • GF Score™: 52/100 with 4 warning signs

No single metric tells the full story. See the FRA:FOU1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Founder Holdings Business Description

Other Exchanges FHGDF:USA00418:Hong Kong
Address 9 Hoi Shing Road, Unit 1408, 14th Floor, New Territories, Cable TV Tower, Tsuen Wan, Hong Kong, HKG
Founder Holdings Ltd is an investment holding company engaged in providing information technology (IT) system services. Its core activities include the sale of software, hardware, and information products, along with software development and system integration. The Group serves industries such as printing, media, publishing, big data, and font libraries, offering advanced information processing technologies, solutions, and value-added services to support seamless digital experiences. It operates in domestic and overseas markets, with the majority of its revenue generated from Mainland China, alongside operations in Hong Kong and other regions.
52GF Score

Get the complete analysis for FRA:FOU1

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

€0.06
Price
€0.07
GF Value