Decora (FRA:GF3) Cyclically Adjusted PB Ratio: (As of Aug. 23, 2026)

Author: Vera Yuan Vera Yuan
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Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
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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:GF3 Decora SA FRA:GF3
87 GF Score
Price €18.20
GF Value €16.51
! 5 Warning Signs
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What is Decora Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Decora  (FRA:GF3) 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.


Decora Cyclically Adjusted PB Ratio Related Terms


Decora Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Decora'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.

Decora Cyclically Adjusted PB Ratio Chart

Decora 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 2.18 1.69 2.61 2.83 2.97

Decora 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 2.96 3.22 3.03 2.97 2.70

FRA:GF3 vs : Cyclically Adjusted PB Ratio Comparison

For the Furnishings, Fixtures & Appliances subindustry, Decora'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.


Decora Cyclically Adjusted PB Ratio vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Decora's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:GF3
87GF Score
Decora SA FRA:GF3
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Decora 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.

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

For example, Decora'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)
=37.723/330.2130*330.2130
=37.723

Current CPI (Mar. 2026) = 330.2130.

Decora Quarterly Data

Book Value per Share CPI Adj_Book
201606 10.217 241.018 13.998
201609 10.874 241.428 14.873
201612 10.997 241.432 15.041
201703 11.274 243.801 15.270
201706 10.632 244.955 14.333
201709 11.061 246.819 14.798
201712 11.370 246.524 15.230
201803 12.822 249.554 16.966
201806 12.442 251.989 16.304
201809 12.768 252.439 16.702
201812 12.251 251.233 16.102
201903 12.977 254.202 16.857
201906 12.622 256.143 16.272
201909 13.441 256.759 17.286
201912 13.983 256.974 17.968
202003 14.858 258.115 19.008
202006 14.578 257.797 18.673
202009 16.415 260.280 20.825
202012 17.889 260.474 22.679
202103 19.815 264.877 24.703
202106 19.747 271.696 24.000
202109 21.316 274.310 25.660
202112 22.274 278.802 26.381
202203 23.602 287.504 27.108
202206 22.840 296.311 25.453
202209 23.587 296.808 26.242
202212 24.756 296.797 27.543
202303 25.881 301.836 28.314
202306 25.257 305.109 27.335
202309 27.129 307.789 29.105
202312 28.521 306.746 30.703
202403 30.798 312.332 32.561
202406 30.095 314.175 31.631
202409 32.107 315.301 33.625
202412 33.352 315.605 34.896
202503 35.414 319.799 36.567
202506 33.154 322.561 33.941
202509 33.410 324.800 33.967
202512 36.362 324.054 37.053
202603 37.723 330.213 37.723

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 Decora (FRA:GF3) Overvalued in 2026?

Based on GuruFocus' analysis, Decora stock appears to be overvalued. The current stock price of €18.20 is trading 10.2% above its estimated GF Value™ of €16.51.

Key valuation signals for FRA:GF3:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €16.51 vs. price of €18.20 (10.2% above fair value)
  • GF Score™: 87/100 with 5 warning signs

No single metric tells the full story. See the FRA:GF3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Decora Business Description

Comparable Companies
Other Exchanges DCR:Poland
Address ul Ignacego Pradzynskiego 24 a, Sroda Wielkopolska, POL, 63-000
Decora SA is involved in providing decorating products in Poland and internationally. It offers decoration and floor finishing products, such as floor underlays, skirting boards, flooring profiles, and profiles for wall and floor tiles; window decoration products, including curtain poles and roller blinds; and ceiling decoration products comprising molding and rosettes.
87GF Score

Get the complete analysis for FRA:GF3

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

€18.20
Price
€16.51
GF Value