ENDO Lighting (FRA:II8) Cyclically Adjusted PB Ratio: 1.21 (As of Aug. 22, 2026) — 70% Above 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:II8 ENDO Lighting Corp FRA:II8
80 GF Score
Price €13.50
GF Value €8.93
! 3 Warning Signs
View Full Analysis

What is ENDO Lighting Cyclically Adjusted PB Ratio?

ENDO Lighting FRA:II8 -0.74% 80 Cyclically Adjusted PB Ratio is 1.21 as of Aug. 22, 2026, which is 70% above its 10-year median of 0.71. GuruFocus rates FRA:II8 with a GF Score™ of 80/100 and a GF Value™ of €8.93. The stock has 3 warning signs investors should review. Among 316 Furnishings, Fixtures & Appliances companies, ENDO Lighting ranks worse than 55.06% on this metric.

As of today (2026-08-22), ENDO Lighting's current share price is €13.50. ENDO Lighting's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €11.13. ENDO Lighting's Cyclically Adjusted PB Ratio for today is 1.21.

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

FRA:II8' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.38   Med: 0.71   Max: 1.47
Current: 1.28

During the past years, ENDO Lighting's highest Cyclically Adjusted PB Ratio was 1.47. The lowest was 0.38. And the median was 0.71.

FRA:II8's Cyclically Adjusted PB Ratio is ranked worse than
55.06% of 316 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.165 vs FRA:II8: 1.28

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.

ENDO Lighting's adjusted book value per share data for the three months ended in Mar. 2026 was €18.463. 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 €11.13 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


ENDO Lighting  (FRA:II8) 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.


ENDO Lighting Cyclically Adjusted PB Ratio Related Terms


ENDO Lighting Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for ENDO Lighting'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.

ENDO Lighting Cyclically Adjusted PB Ratio Chart

ENDO Lighting Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.62 0.57 0.88 0.72 1.21

ENDO Lighting 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 1.23 1.12 1.20 1.21 0.00

FRA:II8 vs SN, SGI, MHK: Cyclically Adjusted PB Ratio Comparison

For the Furnishings, Fixtures & Appliances subindustry, ENDO Lighting'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.


ENDO Lighting Cyclically Adjusted PB Ratio vs Furnishings, Fixtures & Appliances Industry

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

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


FRA:II8
80GF Score
ENDO Lighting Corp FRA:II8
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ENDO Lighting 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.

ENDO Lighting's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=13.50/11.13
=1.21

* 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.

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

For example, ENDO Lighting'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)
=18.463/112.7000*112.7000
=18.463

Current CPI (Mar. 2026) = 112.7000.

ENDO Lighting Quarterly Data

Book Value per Share CPI Adj_Book
201606 9.884 98.100 11.355
201609 9.499 98.000 10.924
201612 9.575 98.400 10.966
201703 10.452 98.100 12.008
201706 10.375 98.500 11.871
201709 10.235 98.800 11.675
201712 10.455 99.400 11.854
201803 10.476 99.200 11.902
201806 10.664 99.200 12.115
201809 10.661 99.900 12.027
201812 10.776 99.700 12.181
201903 11.296 99.700 12.769
201906 11.696 99.800 13.208
201909 11.808 100.100 13.294
201912 11.892 100.500 13.336
202003 12.688 100.300 14.257
202006 12.038 99.900 13.580
202009 11.852 99.900 13.371
202012 11.810 99.300 13.404
202103 12.309 99.900 13.886
202106 12.840 99.500 14.543
202109 13.414 100.100 15.102
202112 14.080 100.100 15.852
202203 14.635 101.100 16.314
202206 14.101 101.800 15.611
202209 14.645 103.100 16.009
202212 14.660 104.100 15.871
202303 14.913 104.400 16.099
202306 14.588 105.200 15.628
202309 15.161 106.200 16.089
202312 15.783 106.800 16.655
202403 16.027 107.200 16.849
202406 15.819 108.200 16.477
202409 17.598 108.900 18.212
202412 17.559 110.700 17.876
202503 18.500 111.100 18.766
202506 17.714 111.700 17.873
202509 17.648 112.000 17.758
202512 17.365 113.000 17.319
202603 18.463 112.700 18.463

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 1.21 mean?
ENDO Lighting (FRA:II8) has a Cyclically Adjusted PB Ratio of 1.21 as of Aug. 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 ENDO Lighting and its competitors. This is 70% above median its historical median of 0.71. Over the past decade, ENDO Lighting's Cyclically Adjusted PB Ratio has ranged from 0.38 to 1.47. According to the industry distribution chart, ENDO Lighting ranks #174 out of 316 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 55.1%.
Is ENDO Lighting's Cyclically Adjusted PB Ratio too high?
ENDO Lighting's current Cyclically Adjusted PB Ratio of 1.21 is 70% above median its 10-year median of 0.71. Over the past 10 years, this metric has ranged from a low of 0.38 to a high of 1.47. The Furnishings, Fixtures & Appliances industry median Cyclically Adjusted PB Ratio is 1.17. ENDO Lighting's value of 1.21 is 3.9% above this industry median. Based on the distribution chart, ENDO Lighting ranks #174 out of 316 companies in the Furnishings, Fixtures & Appliances industry, which is below the industry midpoint. Overall, ENDO Lighting has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does ENDO Lighting's Cyclically Adjusted PB Ratio compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, ENDO Lighting ranks #174 out of 316 companies for Cyclically Adjusted PB Ratio. This places ENDO Lighting in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.17. ENDO Lighting's value of 1.21 is 3.9% above this benchmark. Historically, ENDO Lighting's own Cyclically Adjusted PB Ratio has ranged from 0.38 to 1.47 over the past decade. While the company's 10-year median is 0.71 vs. the industry median of 1.17, ENDO Lighting 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 Furnishings, Fixtures & Appliances company?
The median Cyclically Adjusted PB Ratio among Furnishings, Fixtures & Appliances companies is 1.17, based on 316 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. ENDO Lighting's current Cyclically Adjusted PB Ratio of 1.21 is 3.9% 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 ENDO Lighting and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Cyclically Adjusted PB Ratio is 1.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ENDO Lighting's current Cyclically Adjusted PB Ratio is 1.21, which is 70% above median its own 10-year median of 0.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ENDO Lighting stock overvalued right now?
ENDO Lighting (FRA:II8) has a current Cyclically Adjusted PB Ratio of 1.21. The stock's GF Value™ is €8.93, compared to a current price of €13.50 — trading 51.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.21, which is 70% above median its 10-year median of 0.71 and 3.9% above the Furnishings, Fixtures & Appliances industry median of 1.17. ENDO Lighting's overall GF Score™ is 80/100 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 ENDO Lighting (FRA:II8), the current Cyclically Adjusted PB Ratio is 1.21 as of Aug. 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 ENDO Lighting (FRA:II8) Overvalued in 2026?

Based on GuruFocus' analysis, ENDO Lighting stock appears to be overvalued. The current stock price of €13.50 is trading 51.2% above its estimated GF Value™ of €8.93.

Key valuation signals for FRA:II8:

  • Cyclically Adjusted PB Ratio: 1.21 (70% above median its 10-year median of 0.71)
  • GF Value™: €8.93 vs. price of €13.50 (51.2% above fair value)
  • GF Score™: 80/100 with 3 warning signs
  • Industry Position: 3.9% above the Furnishings, Fixtures & Appliances median (#174 of 316)

No single metric tells the full story. See the FRA:II8 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ENDO Lighting Business Description

Other Exchanges 6932:Japan
Address 1-6-19 Honmachi, Osaka, JPN
ENDO Lighting Corp is a Japanese-based lighting equipment manufacturer. The company is organized into segments by product or service based on its business divisions. The reportable segments are the Lighting Equipment-related Business, the Environment-related Business, and the Interior Furniture Business. The Lighting Equipment Related Business principally involves the manufacture and sale of lighting equipment. The Environment-related Business focuses on the sale of energy-saving equipment and the rental of lighting fixtures and energy-saving devices. The Interior Furniture Business is mainly engaged in the sale of interior furniture and accessories.
80GF Score

Get the complete analysis for FRA:II8

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

€13.50
Price
€8.93
GF Value