Sinclair (FRA:HQ7) Cyclically Adjusted PB Ratio: 1.88 (As of Aug. 20, 2026) — 57% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
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:HQ7 Sinclair Inc FRA:HQ7
62 GF Score
Price €12.20
GF Value €11.13
! 9 Warning Signs
View Full Analysis

What is Sinclair Cyclically Adjusted PB Ratio?

Sinclair FRA:HQ7 +0.83% 62 Cyclically Adjusted PB Ratio is 1.88 as of Aug. 20, 2026, which is 57% below its 10-year median of 4.37. GuruFocus rates FRA:HQ7 with a GF Score™ of 62/100 and a GF Value™ of €11.13. The stock has 9 warning signs investors should review. Among 683 Media - Diversified companies, Sinclair ranks worse than 72.18% on this metric.

As of today (2026-08-20), Sinclair's current share price is €12.20. Sinclair's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €6.48. Sinclair's Cyclically Adjusted PB Ratio for today is 1.88.

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

FRA:HQ7' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.37   Med: 4.37   Max: 26.47
Current: 1.92

During the past years, Sinclair's highest Cyclically Adjusted PB Ratio was 26.47. The lowest was 1.37. And the median was 4.37.

FRA:HQ7's Cyclically Adjusted PB Ratio is ranked worse than
72.18% of 683 companies
in the Media - Diversified industry
Industry Median: 1 vs FRA:HQ7: 1.92

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.

Sinclair's adjusted book value per share data for the three months ended in Jun. 2026 was €4.564. 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 €6.48 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sinclair  (FRA:HQ7) 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.


Sinclair Cyclically Adjusted PB Ratio Related Terms


Sinclair Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Sinclair'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.

Sinclair Cyclically Adjusted PB Ratio Chart

Sinclair 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 5.59 2.49 1.85 2.19 2.05

Sinclair Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 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 1.84 2.01 2.05 1.71 1.88

FRA:HQ7 vs NMAX, IHRT, GTN.A: Cyclically Adjusted PB Ratio Comparison

For the Broadcasting subindustry, Sinclair'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.


Sinclair Cyclically Adjusted PB Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Sinclair's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:HQ7
62GF Score
Sinclair Inc FRA:HQ7
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sinclair 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=12.20/6.48
=1.88

* 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.

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

For example, Sinclair's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=4.564/333.9520*333.9520
=4.564

Current CPI (Jun. 2026) = 333.9520.

Sinclair Quarterly Data

Book Value per Share CPI Adj_Book
201609 5.031 241.428 6.959
201612 6.178 241.432 8.545
201703 10.290 243.801 14.095
201706 10.040 244.955 13.688
201709 9.421 246.819 12.747
201712 13.029 246.524 17.650
201803 12.760 249.554 17.075
201806 13.572 251.989 17.986
201809 13.824 252.439 18.288
201812 15.234 251.233 20.250
201903 15.038 254.202 19.756
201906 15.084 256.143 19.666
201909 14.740 256.759 19.171
201912 14.764 256.974 19.187
202003 15.893 258.115 20.563
202006 18.301 257.797 23.707
202009 -19.956 260.280 -25.605
202012 -14.156 260.474 -18.149
202103 -14.261 264.877 -17.980
202106 -17.879 271.696 -21.976
202109 -18.163 274.310 -22.112
202112 -21.432 278.802 -25.671
202203 9.687 287.504 11.252
202206 9.508 296.311 10.716
202209 10.209 296.808 11.487
202212 10.142 296.797 11.412
202303 12.200 301.836 13.498
202306 10.277 305.109 11.249
202309 9.544 307.789 10.355
202312 4.115 306.746 4.480
202403 4.636 312.332 4.957
202406 4.765 314.175 5.065
202409 5.635 315.301 5.968
202412 8.383 315.605 8.870
202503 5.800 319.799 6.057
202506 4.493 322.561 4.652
202509 4.246 324.800 4.366
202512 5.425 324.054 5.591
202603 5.610 330.213 5.674
202606 4.564 333.952 4.564

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 1.88 mean?
Sinclair (FRA:HQ7) has a Cyclically Adjusted PB Ratio of 1.88 as of Aug. 20, 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 Sinclair and its competitors. This is 57% below median its historical median of 4.37. Over the past decade, Sinclair's Cyclically Adjusted PB Ratio has ranged from 1.37 to 26.47. According to the industry distribution chart, Sinclair ranks #493 out of 683 companies in the Media - Diversified industry, placing it in the top 72.2%.
Is Sinclair's Cyclically Adjusted PB Ratio too high?
Sinclair's current Cyclically Adjusted PB Ratio of 1.88 is 57% below median its 10-year median of 4.37. Over the past 10 years, this metric has ranged from a low of 1.37 to a high of 26.47. The Media - Diversified industry median Cyclically Adjusted PB Ratio is 1.00. Sinclair's value of 1.88 is 88% above this industry median. Based on the distribution chart, Sinclair ranks #493 out of 683 companies in the Media - Diversified industry, which is below the industry midpoint. Overall, Sinclair has a GF Score™ of 62/100, reflecting its overall financial health beyond just this single metric.
How does Sinclair's Cyclically Adjusted PB Ratio compare to NMAX and IHRT?
According to the Media - Diversified industry distribution chart, Sinclair ranks #493 out of 683 companies for Cyclically Adjusted PB Ratio. This places Sinclair in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.00. Sinclair's value of 1.88 is 88% above this benchmark. Historically, Sinclair's own Cyclically Adjusted PB Ratio has ranged from 1.37 to 26.47 over the past decade. While the company's 10-year median is 4.37 vs. the industry median of 1.00, Sinclair 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 Media - Diversified company?
The median Cyclically Adjusted PB Ratio among Media - Diversified companies is 1.00, based on 683 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. Sinclair's current Cyclically Adjusted PB Ratio of 1.88 is 88% 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 Sinclair and its competitors. For the Media - Diversified industry, the median Cyclically Adjusted PB Ratio is 1.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sinclair's current Cyclically Adjusted PB Ratio is 1.88, which is 57% below median its own 10-year median of 4.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sinclair stock overvalued right now?
Sinclair (FRA:HQ7) has a current Cyclically Adjusted PB Ratio of 1.88. The stock's GF Value™ is €11.13, compared to a current price of €12.20 — trading 9.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.88, which is 57% below median its 10-year median of 4.37 and 88% above the Media - Diversified industry median of 1.00. Sinclair's overall GF Score™ is 62/100 with 9 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 Sinclair (FRA:HQ7), the current Cyclically Adjusted PB Ratio is 1.88 as of Aug. 20, 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 Sinclair (FRA:HQ7) Overvalued in 2026?

Based on GuruFocus' analysis, Sinclair stock appears to be overvalued. The current stock price of €12.20 is trading 9.6% above its estimated GF Value™ of €11.13.

Key valuation signals for FRA:HQ7:

  • Cyclically Adjusted PB Ratio: 1.88 (57% below median its 10-year median of 4.37)
  • GF Value™: €11.13 vs. price of €12.20 (9.6% above fair value)
  • GF Score™: 62/100 with 9 warning signs
  • Industry Position: 88% above the Media - Diversified median (#493 of 683)

No single metric tells the full story. See the FRA:HQ7 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sinclair Business Description

Other Exchanges SBGI:USA
Address 10706 Beaver Dam Road, Hunt Valley, MD, USA, 21030
Sinclair Inc. is the owner-operator of the second largest portfolio of television stations in the United States, with 185 full power stations in 86 markets, covering 40% of US households. Of the firm's roughly 600 channels, 150 are affiliated with the four national broadcasters—Fox, ABC, CBS, and NBC—with over 80 other channels aligned with The CW (Nexstar) and MyNetworkTV (Fox). Sinclair owns the Tennis Channel and stakes in Marquee Sports Network and YES Network, providing their premium sports content to pay-TV distributors.
62GF Score

Get the complete analysis for FRA:HQ7

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

€12.20
Price
€11.13
GF Value