Fitzroy River (FRA:KIO) Cyclically Adjusted PB Ratio: 2.93 (As of Jul. 17, 2026) — 124% Above Median

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FRA:KIO Fitzroy River Corp Ltd FRA:KIO
42 GF Score
Price €0.12
GF Value €0.04
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Fitzroy River Cyclically Adjusted PB Ratio?

Fitzroy River FRA:KIO +0.86% 42 Cyclically Adjusted PB Ratio is 2.93 as of Jul. 17, 2026, which is 124% above its 10-year median of 1.31. GuruFocus rates FRA:KIO with a GF Score™ of 42/100 and a GF Value™ of €0.04 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 773 Oil & Gas companies, Fitzroy River ranks worse than 72.45% on this metric.

As of today (2026-07-17), Fitzroy River's current share price is €0.117. Fitzroy River's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun25 was €0.04. Fitzroy River's Cyclically Adjusted PB Ratio for today is 2.93.

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

FRA:KIO' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.65   Med: 1.31   Max: 2.21
Current: 2.21

During the past 13 years, Fitzroy River's highest Cyclically Adjusted PB Ratio was 2.21. The lowest was 0.65. And the median was 1.31.

FRA:KIO's Cyclically Adjusted PB Ratio is ranked worse than
72.45% of 773 companies
in the Oil & Gas industry
Industry Median: 1.18 vs FRA:KIO: 2.21

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.

Fitzroy River's adjusted book value per share data of for the fiscal year that ended in Jun25 was €0.015. 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 €0.04 for the trailing ten years ended in Jun25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fitzroy River  (FRA:KIO) 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.


Fitzroy River Cyclically Adjusted PB Ratio Related Terms


Fitzroy River Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Fitzroy River'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.

Fitzroy River Cyclically Adjusted PB Ratio Chart

Fitzroy River Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.28 1.11 1.51 1.19 1.73

Fitzroy River Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.00 1.19 0.00 1.73 0.00

FRA:KIO vs COP, EOG, FANG: Cyclically Adjusted PB Ratio Comparison

For the Oil & Gas E&P subindustry, Fitzroy River'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.


Fitzroy River Cyclically Adjusted PB Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Fitzroy River's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:KIO
42GF Score
Fitzroy River Corp Ltd FRA:KIO
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fitzroy River 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.

Fitzroy River's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.117/0.04
=2.93

* 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.

Fitzroy River's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun25 is calculated as:

For example, Fitzroy River's adjusted Book Value per Share data for the fiscal year that ended in Jun25 was:

Adj_Book=Book Value per Share/CPI of Jun25 (Change)*Current CPI (Jun25)
=0.015/131.5506*131.5506
=0.015

Current CPI (Jun25) = 131.5506.

Fitzroy River Annual Data

Book Value per Share CPI Adj_Book
201606 0.074 0.000
201706 0.068 0.000
201806 0.091 0.000
201906 0.079 0.000
202006 0.027 0.000
202106 0.037 0.000
202206 0.047 0.000
202306 0.034 0.000
202406 0.032 0.000
202506 0.015 131.551 0.015

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 2.93 mean?
Fitzroy River (FRA:KIO) has a Cyclically Adjusted PB Ratio of 2.93 as of Jul. 17, 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 Fitzroy River and its competitors. This is 124% above median its historical median of 1.31. Over the past decade, Fitzroy River's Cyclically Adjusted PB Ratio has ranged from 0.65 to 2.21. According to the industry distribution chart, Fitzroy River ranks #560 out of 773 companies in the Oil & Gas industry, placing it in the top 72.4%.
Is Fitzroy River's Cyclically Adjusted PB Ratio too high?
Fitzroy River's current Cyclically Adjusted PB Ratio of 2.93 is 124% above median its 10-year median of 1.31. Over the past 10 years, this metric has ranged from a low of 0.65 to a high of 2.21. The Oil & Gas industry median Cyclically Adjusted PB Ratio is 1.18. Fitzroy River's value of 2.93 is 148.3% above this industry median. Based on the distribution chart, Fitzroy River ranks #560 out of 773 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Fitzroy River has a GF Score™ of 42/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fitzroy River's Cyclically Adjusted PB Ratio compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Fitzroy River ranks #560 out of 773 companies for Cyclically Adjusted PB Ratio. This places Fitzroy River in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.18. Fitzroy River's value of 2.93 is 148.3% above this benchmark. Historically, Fitzroy River's own Cyclically Adjusted PB Ratio has ranged from 0.65 to 2.21 over the past decade. While the company's 10-year median is 1.31 vs. the industry median of 1.18, Fitzroy River 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 an Oil & Gas company?
The median Cyclically Adjusted PB Ratio among Oil & Gas companies is 1.18, based on 773 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. Fitzroy River's current Cyclically Adjusted PB Ratio of 2.93 is 148.3% 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 Fitzroy River and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PB Ratio is 1.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fitzroy River's current Cyclically Adjusted PB Ratio is 2.93, which is 124% above median its own 10-year median of 1.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fitzroy River stock overvalued right now?
Based on GuruFocus' analysis, Fitzroy River (FRA:KIO) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.04, compared to a current price of €0.12 — trading 192.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.93, which is 124% above median its 10-year median of 1.31 and 148.3% above the Oil & Gas industry median of 1.18. Fitzroy River's overall GF Score™ is 42/100 with 4 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 Fitzroy River (FRA:KIO), the current Cyclically Adjusted PB Ratio is 2.93 as of Jul. 17, 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 Fitzroy River (FRA:KIO) Overvalued in 2026?

Based on GuruFocus' analysis, Fitzroy River stock appears to be overvalued. The current stock price of €0.12 is trading 192.5% above its estimated GF Value™ of €0.04. GuruFocus considers Fitzroy River to be Significantly Overvalued.

Key valuation signals for FRA:KIO:

  • Cyclically Adjusted PB Ratio: 2.93 (124% above median its 10-year median of 1.31)
  • GF Value™: €0.04 vs. price of €0.12 (192.5% above fair value)
  • GF Score™: 42/100 with 4 warning signs
  • Industry Position: 148.3% above the Oil & Gas median (#560 of 773)

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


Fitzroy River Business Description

Industry EnergyOil & Gas
Other Exchanges FZR:Australia
Address 79 Careniup Avenue, Gwelup, Perth, WA, AUS, 6018
Fitzroy River Corp Ltd is an oil and gas and mineral investment holding company focusing on non-operational assets such as royalties, free carried interests, and equity investments. Its primary focus is on Western Australia, specifically, the Canning Superbasin, where the company holds royalty interests. Revenue is realized in the form of royalty income and interest. The company has one operating segment: the management of resource-based royalties and investments. The company derives its revenue within Australia.
42GF Score

Get the complete analysis for FRA:KIO

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

€0.12
Price
€0.04
GF Value