Ibersol SGPS (FRA:L34) Cyclically Adjusted PB Ratio: 1.24 (As of Jul. 30, 2026) — Near Median

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FRA:L34 Ibersol SGPS SA FRA:L34
82 GF Score
Price €9.43
GF Value €9.39
Valuation Fairly Valued
! 5 Warning Signs
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What is Ibersol SGPS Cyclically Adjusted PB Ratio?

Ibersol SGPS FRA:L34 +0.64% 82 Cyclically Adjusted PB Ratio is 1.24 as of Jul. 30, 2026, which is 2% above its 10-year median of 1.22. GuruFocus rates FRA:L34 with a GF Score™ of 82/100 and a GF Value™ of €9.39 (Fairly Valued). The stock has 5 warning signs investors should review. Among 255 Restaurants companies, Ibersol SGPS ranks better than 62.35% on this metric.

As of today (2026-07-30), Ibersol SGPS's current share price is €9.43. Ibersol SGPS's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €7.59. Ibersol SGPS's Cyclically Adjusted PB Ratio for today is 1.24.

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

FRA:L34' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.74   Med: 1.22   Max: 2.75
Current: 1.26

During the past years, Ibersol SGPS's highest Cyclically Adjusted PB Ratio was 2.75. The lowest was 0.74. And the median was 1.22.

FRA:L34's Cyclically Adjusted PB Ratio is ranked better than
62.35% of 255 companies
in the Restaurants industry
Industry Median: 1.8 vs FRA:L34: 1.26

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.

Ibersol SGPS's adjusted book value per share data for the three months ended in Mar. 2026 was €7.850. 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 €7.59 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ibersol SGPS  (FRA:L34) 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.


Ibersol SGPS Cyclically Adjusted PB Ratio Related Terms


Ibersol SGPS Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Ibersol SGPS'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.

Ibersol SGPS Cyclically Adjusted PB Ratio Chart

Ibersol SGPS 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 1.08 1.01 1.05 1.07 1.35

Ibersol SGPS 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 1.23 1.34 1.37 1.35 1.44

FRA:L34 vs MCD, SBUX, YUM: Cyclically Adjusted PB Ratio Comparison

For the Restaurants subindustry, Ibersol SGPS'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.


Ibersol SGPS Cyclically Adjusted PB Ratio vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Ibersol SGPS's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:L34
82GF Score
Ibersol SGPS SA FRA:L34
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ibersol SGPS 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.

Ibersol SGPS's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=9.43/7.59
=1.24

* 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.

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

For example, Ibersol SGPS'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)
=7.85/125.9400*125.9400
=7.850

Current CPI (Mar. 2026) = 125.9400.

Ibersol SGPS Quarterly Data

Book Value per Share CPI Adj_Book
201606 4.280 101.319 5.320
201609 4.963 101.122 6.181
201612 4.854 100.998 6.053
201703 4.921 101.924 6.081
201706 4.075 102.240 5.020
201709 5.477 102.527 6.728
201712 6.017 102.479 7.395
201803 6.030 102.626 7.400
201806 6.131 103.790 7.439
201809 6.506 103.960 7.882
201812 6.495 103.159 7.929
201903 6.430 103.495 7.824
201906 6.389 104.192 7.723
201909 6.696 103.844 8.121
201912 6.850 103.592 8.328
202003 6.551 103.544 7.968
202006 5.744 104.323 6.934
202009 5.609 103.699 6.812
202012 5.004 103.354 6.098
202103 4.516 104.014 5.468
202106 4.276 104.852 5.136
202109 3.580 105.232 4.284
202112 5.973 106.191 7.084
202203 5.994 109.559 6.890
202206 6.018 114.003 6.648
202209 6.323 114.999 6.925
202212 10.039 116.377 10.864
202303 10.036 117.701 10.739
202306 8.516 117.872 9.099
202309 8.697 119.111 9.196
202312 8.646 118.032 9.225
202403 8.703 120.396 9.104
202406 8.273 121.165 8.599
202409 8.269 121.574 8.566
202412 8.327 121.585 8.625
202503 8.231 122.624 8.454
202506 7.629 124.042 7.746
202509 7.861 124.490 7.953
202512 7.921 124.240 8.029
202603 7.850 125.940 7.850

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 1.24 mean?
Ibersol SGPS (FRA:L34) has a Cyclically Adjusted PB Ratio of 1.24 as of Jul. 30, 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 Ibersol SGPS and its competitors. This is near median its historical median of 1.22. Over the past decade, Ibersol SGPS's Cyclically Adjusted PB Ratio has ranged from 0.74 to 2.75. According to the industry distribution chart, Ibersol SGPS ranks #96 out of 255 companies in the Restaurants industry, placing it in the top 37.6%.
Is Ibersol SGPS's Cyclically Adjusted PB Ratio too high?
Ibersol SGPS's current Cyclically Adjusted PB Ratio of 1.24 is near median its 10-year median of 1.22. Over the past 10 years, this metric has ranged from a low of 0.74 to a high of 2.75. The Restaurants industry median Cyclically Adjusted PB Ratio is 1.80. Ibersol SGPS's value of 1.24 is 31.1% below this industry median. Based on the distribution chart, Ibersol SGPS ranks #96 out of 255 companies in the Restaurants industry, which is above the industry midpoint. Overall, Ibersol SGPS has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ibersol SGPS's Cyclically Adjusted PB Ratio compare to MCD and SBUX?
According to the Restaurants industry distribution chart, Ibersol SGPS ranks #96 out of 255 companies for Cyclically Adjusted PB Ratio. This puts Ibersol SGPS in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.80. Ibersol SGPS's value of 1.24 is 31.1% below this benchmark. Historically, Ibersol SGPS's own Cyclically Adjusted PB Ratio has ranged from 0.74 to 2.75 over the past decade. While the company's 10-year median is 1.22 vs. the industry median of 1.80, Ibersol SGPS has consistently been below 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 Restaurants company?
The median Cyclically Adjusted PB Ratio among Restaurants companies is 1.80, based on 255 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. Ibersol SGPS's current Cyclically Adjusted PB Ratio of 1.24 is 31.1% below 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 Ibersol SGPS and its competitors. For the Restaurants industry, the median Cyclically Adjusted PB Ratio is 1.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ibersol SGPS's current Cyclically Adjusted PB Ratio is 1.24, which is near median its own 10-year median of 1.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ibersol SGPS stock overvalued right now?
Based on GuruFocus' analysis, Ibersol SGPS (FRA:L34) is currently considered Fairly Valued. The stock's GF Value™ is €9.39, compared to a current price of €9.43 — trading 0.4% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.24, which is near median its 10-year median of 1.22 and 31.1% below the Restaurants industry median of 1.80. Ibersol SGPS's overall GF Score™ is 82/100 with 5 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 Ibersol SGPS (FRA:L34), the current Cyclically Adjusted PB Ratio is 1.24 as of Jul. 30, 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 Ibersol SGPS (FRA:L34) Overvalued in 2026?

Based on GuruFocus' analysis, Ibersol SGPS stock appears to be overvalued. The current stock price of €9.43 is trading 0.4% above its estimated GF Value™ of €9.39. GuruFocus considers Ibersol SGPS to be Fairly Valued.

Key valuation signals for FRA:L34:

  • Cyclically Adjusted PB Ratio: 1.24 (near median its 10-year median of 1.22)
  • GF Value™: €9.39 vs. price of €9.43 (0.4% above fair value)
  • GF Score™: 82/100 with 5 warning signs
  • Industry Position: 31.1% below the Restaurants median (#96 of 255)

No single metric tells the full story. See the FRA:L34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ibersol SGPS Business Description

Other Exchanges IBS:Portugal0KJ7:UK
Address Edificio Peninsula, Praca do Bom Sucesso, 105-159 - 9th floor, Porto, PRT, 4150-146
Ibersol SGPS SA., through its subsidiaries, operates a network of restaurant units in Portugal, Spain, and Angola. It provides services in the business segments such as Restaurants which comprises the units with table service and home delivery restaurant offerings, Counters which comprises the units with over-the-counter sales, and Concessions & Catering which includes all the other businesses, namely the catering activity and the units located in concession areas. Ibersol functions restaurant units through various brands, including Pizza Hut, Pasta Caffe, Pans & Company, Taco Bell, and Eat out Group. It derives maximum revenue from Concession segment.
82GF Score

Get the complete analysis for FRA:L34

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

€9.43
Price
€9.39
GF Value