Hasbro (FRA:HAS) Cyclically Adjusted PB Ratio: 4.66 (As of Jul. 15, 2026) — 18% Below Median

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FRA:HAS Hasbro Inc FRA:HAS
70 GF Score
Price €69.74
GF Value €61.36
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Hasbro Cyclically Adjusted PB Ratio?

Hasbro FRA:HAS +0.20% 70 Cyclically Adjusted PB Ratio is 4.66 as of Jul. 15, 2026, which is 18% below its 10-year median of 5.69. GuruFocus rates FRA:HAS with a GF Score™ of 70/100 and a GF Value™ of €61.36 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 649 Travel & Leisure companies, Hasbro ranks worse than 84.13% on this metric.

As of today (2026-07-15), Hasbro's current share price is €69.74. Hasbro's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €14.97. Hasbro's Cyclically Adjusted PB Ratio for today is 4.66.

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

FRA:HAS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.25   Med: 5.69   Max: 9.39
Current: 4.38

During the past years, Hasbro's highest Cyclically Adjusted PB Ratio was 9.39. The lowest was 2.25. And the median was 5.69.

FRA:HAS's Cyclically Adjusted PB Ratio is ranked worse than
84.13% of 649 companies
in the Travel & Leisure industry
Industry Median: 1.23 vs FRA:HAS: 4.38

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.

Hasbro's adjusted book value per share data for the three months ended in Mar. 2026 was €3.961. 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 €14.97 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hasbro  (FRA:HAS) 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.


Hasbro Cyclically Adjusted PB Ratio Related Terms


Hasbro Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Hasbro'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.

Hasbro Cyclically Adjusted PB Ratio Chart

Hasbro 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 6.18 3.34 2.71 3.00 4.58

Hasbro 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 3.29 3.99 4.15 4.58 5.23

FRA:HAS vs LTH, GOLF, AS: Cyclically Adjusted PB Ratio Comparison

For the Leisure subindustry, Hasbro'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.


Hasbro Cyclically Adjusted PB Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Hasbro's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:HAS
70GF Score
Hasbro Inc FRA:HAS
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hasbro 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.

Hasbro's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=69.74/14.97
=4.66

* 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.

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

For example, Hasbro'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)
=3.961/330.2130*330.2130
=3.961

Current CPI (Mar. 2026) = 330.2130.

Hasbro Quarterly Data

Book Value per Share CPI Adj_Book
201606 11.440 241.018 15.674
201609 12.421 241.428 16.989
201612 14.185 241.432 19.401
201703 13.849 243.801 18.758
201706 13.039 244.955 17.577
201709 13.177 246.819 17.629
201712 12.425 246.524 16.643
201803 10.196 249.554 13.491
201806 11.878 251.989 15.565
201809 12.764 252.439 16.696
201812 12.227 251.233 16.071
201903 11.634 254.202 15.113
201906 12.032 256.143 15.511
201909 13.240 256.759 17.028
201912 19.698 256.974 25.312
202003 18.028 258.115 23.064
202006 16.876 257.797 21.617
202009 17.185 260.280 21.802
202012 17.341 260.474 21.984
202103 17.827 264.877 22.224
202106 17.186 271.696 20.887
202109 18.602 274.310 22.393
202112 19.374 278.802 22.947
202203 19.835 287.504 22.782
202206 20.440 296.311 22.779
202209 21.764 296.808 24.213
202212 19.353 296.797 21.532
202303 18.402 301.836 20.132
202306 16.255 305.109 17.592
202309 14.843 307.789 15.924
202312 7.016 306.746 7.553
202403 6.677 312.332 7.059
202406 7.669 314.175 8.060
202409 8.314 315.301 8.707
202412 7.923 315.605 8.290
202503 7.723 319.799 7.974
202506 1.491 322.561 1.526
202509 2.468 324.800 2.509
202512 3.276 324.054 3.338
202603 3.961 330.213 3.961

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 4.66 mean?
Hasbro (FRA:HAS) has a Cyclically Adjusted PB Ratio of 4.66 as of Jul. 15, 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 Hasbro and its competitors. This is 18% below median its historical median of 5.69. Over the past decade, Hasbro's Cyclically Adjusted PB Ratio has ranged from 2.25 to 9.39. According to the industry distribution chart, Hasbro ranks #546 out of 649 companies in the Travel & Leisure industry, placing it in the top 84.1%.
Is Hasbro's Cyclically Adjusted PB Ratio too high?
Hasbro's current Cyclically Adjusted PB Ratio of 4.66 is 18% below median its 10-year median of 5.69. Over the past 10 years, this metric has ranged from a low of 2.25 to a high of 9.39. The Travel & Leisure industry median Cyclically Adjusted PB Ratio is 1.23. Hasbro's value of 4.66 is 278.9% above this industry median. Based on the distribution chart, Hasbro ranks #546 out of 649 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Hasbro has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hasbro's Cyclically Adjusted PB Ratio compare to LTH and GOLF?
According to the Travel & Leisure industry distribution chart, Hasbro ranks #546 out of 649 companies for Cyclically Adjusted PB Ratio. This places Hasbro in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.23. Hasbro's value of 4.66 is 278.9% above this benchmark. Historically, Hasbro's own Cyclically Adjusted PB Ratio has ranged from 2.25 to 9.39 over the past decade. While the company's 10-year median is 5.69 vs. the industry median of 1.23, Hasbro 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 Travel & Leisure company?
The median Cyclically Adjusted PB Ratio among Travel & Leisure companies is 1.23, based on 649 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. Hasbro's current Cyclically Adjusted PB Ratio of 4.66 is 278.9% 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 Hasbro and its competitors. For the Travel & Leisure industry, the median Cyclically Adjusted PB Ratio is 1.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hasbro's current Cyclically Adjusted PB Ratio is 4.66, which is 18% below median its own 10-year median of 5.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hasbro stock overvalued right now?
Based on GuruFocus' analysis, Hasbro (FRA:HAS) is currently considered Modestly Overvalued. The stock's GF Value™ is €61.36, compared to a current price of €69.74 — trading 13.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 4.66, which is 18% below median its 10-year median of 5.69 and 278.9% above the Travel & Leisure industry median of 1.23. Hasbro's overall GF Score™ is 70/100 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 Hasbro (FRA:HAS), the current Cyclically Adjusted PB Ratio is 4.66 as of Jul. 15, 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 Hasbro (FRA:HAS) Overvalued in 2026?

Based on GuruFocus' analysis, Hasbro stock appears to be overvalued. The current stock price of €69.74 is trading 13.7% above its estimated GF Value™ of €61.36. GuruFocus considers Hasbro to be Modestly Overvalued.

Key valuation signals for FRA:HAS:

  • Cyclically Adjusted PB Ratio: 4.66 (18% below median its 10-year median of 5.69)
  • GF Value™: €61.36 vs. price of €69.74 (13.7% above fair value)
  • GF Score™: 70/100 with 3 warning signs
  • Industry Position: 278.9% above the Travel & Leisure median (#546 of 649)

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


Hasbro Business Description

Address 1027 Newport Avenue, Pawtucket, RI, USA, 02861
Hasbro is a branded play company providing children and families around the world with entertainment offerings based on a world-class brand portfolio. From toys and games to television programming, motion pictures, and a licensing program, Hasbro reaches customers by leveraging its well-known brands such as Transformers, Peppa Pig, and Magic: The Gathering. The firm acquired EOne in 2019, bolting on popular family properties like Peppa Pig and PJ Masks, and has since divested noncore lines from the tie-up. Furthermore, the addition of Dungeons & Dragons Beyond in 2022 offers the firm access to around 20 million digital tabletop players.
70GF Score

Get the complete analysis for FRA:HAS

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

€69.74
Price
€61.36
GF Value