Power of Canada (FRA:PCR) Cyclically Adjusted PB Ratio: 3.78 (As of Aug. 16, 2026) — 182% 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:PCR Power Corporation of Canada FRA:PCR
56 GF Score
Price €58.78
GF Value €39.62
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Power of Canada Cyclically Adjusted PB Ratio?

Power of Canada FRA:PCR -0.54% 56 Cyclically Adjusted PB Ratio is 3.78 as of Aug. 16, 2026, which is 182% above its 10-year median of 1.34. GuruFocus rates FRA:PCR with a GF Score™ of 56/100 and a GF Value™ of €39.62 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 417 Insurance companies, Power of Canada ranks worse than 86.81% on this metric.

As of today (2026-08-16), Power of Canada's current share price is €58.78. Power of Canada's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €15.54. Power of Canada's Cyclically Adjusted PB Ratio for today is 3.78.

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

FRA:PCR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.77   Med: 1.34   Max: 3.67
Current: 3.64

During the past years, Power of Canada's highest Cyclically Adjusted PB Ratio was 3.67. The lowest was 0.77. And the median was 1.34.

FRA:PCR's Cyclically Adjusted PB Ratio is ranked worse than
86.81% of 417 companies
in the Insurance industry
Industry Median: 1.41 vs FRA:PCR: 3.64

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.

Power of Canada's adjusted book value per share data for the three months ended in Jun. 2026 was €14.381. 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 €15.54 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Power of Canada  (FRA:PCR) 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.


Power of Canada Cyclically Adjusted PB Ratio Related Terms


Power of Canada Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Power of Canada'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.

Power of Canada Cyclically Adjusted PB Ratio Chart

Power of Canada 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 1.65 1.20 1.42 1.70 2.81

Power of Canada 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 2.01 2.29 2.81 2.57 3.39

FRA:PCR vs AFL, MET, PRU: Cyclically Adjusted PB Ratio Comparison

For the Insurance - Life subindustry, Power of Canada'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.


Power of Canada Cyclically Adjusted PB Ratio vs Insurance Industry

For the Insurance industry and Financial Services sector, Power of Canada's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:PCR
56GF Score
Power Corporation of Canada FRA:PCR
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Power of Canada 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.

Power of Canada's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=58.78/15.54
=3.78

* 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.

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

For example, Power of Canada'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)
=14.381/133.5265*133.5265
=14.381

Current CPI (Jun. 2026) = 133.5265.

Power of Canada Quarterly Data

Book Value per Share CPI Adj_Book
201609 17.530 101.765 23.001
201612 18.732 101.449 24.655
201703 18.782 102.634 24.435
201706 18.121 103.029 23.485
201709 18.649 103.345 24.095
201712 18.433 103.345 23.816
201803 18.104 105.004 23.022
201806 18.828 105.557 23.817
201809 18.685 105.636 23.618
201812 18.800 105.399 23.817
201903 19.262 106.979 24.042
201906 18.999 107.690 23.557
201909 19.652 107.611 24.385
201912 20.012 107.769 24.795
202003 9.799 107.927 12.123
202006 10.051 108.401 12.381
202009 10.363 108.164 12.793
202012 11.081 108.559 13.629
202103 11.393 110.298 13.792
202106 13.116 111.720 15.676
202109 13.338 112.905 15.774
202112 11.781 113.774 13.826
202203 13.694 117.646 15.543
202206 14.007 120.806 15.482
202209 14.525 120.648 16.075
202212 11.917 120.964 13.155
202303 12.009 122.702 13.068
202306 11.955 124.203 12.852
202309 12.576 125.230 13.409
202312 12.480 125.072 13.324
202403 12.778 126.258 13.514
202406 13.051 127.522 13.666
202409 13.110 127.285 13.753
202412 14.236 127.364 14.925
202503 14.017 129.181 14.489
202506 13.662 129.892 14.044
202509 13.770 130.287 14.112
202512 13.558 130.366 13.887
202603 13.938 132.262 14.071
202606 14.381 133.527 14.381

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 3.78 mean?
Power of Canada (FRA:PCR) has a Cyclically Adjusted PB Ratio of 3.78 as of Aug. 16, 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 Power of Canada and its competitors. This is 182% above median its historical median of 1.34. Over the past decade, Power of Canada's Cyclically Adjusted PB Ratio has ranged from 0.77 to 3.67. According to the industry distribution chart, Power of Canada ranks #362 out of 417 companies in the Insurance industry, placing it in the top 86.8%.
Is Power of Canada's Cyclically Adjusted PB Ratio too high?
Power of Canada's current Cyclically Adjusted PB Ratio of 3.78 is 182% above median its 10-year median of 1.34. Over the past 10 years, this metric has ranged from a low of 0.77 to a high of 3.67. The Insurance industry median Cyclically Adjusted PB Ratio is 1.41. Power of Canada's value of 3.78 is 168.1% above this industry median. Based on the distribution chart, Power of Canada ranks #362 out of 417 companies in the Insurance industry, which is in the bottom quartile relative to peers. Overall, Power of Canada has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Power of Canada's Cyclically Adjusted PB Ratio compare to AFL and MET?
According to the Insurance industry distribution chart, Power of Canada ranks #362 out of 417 companies for Cyclically Adjusted PB Ratio. This places Power of Canada in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.41. Power of Canada's value of 3.78 is 168.1% above this benchmark. Historically, Power of Canada's own Cyclically Adjusted PB Ratio has ranged from 0.77 to 3.67 over the past decade. While the company's 10-year median is 1.34 vs. the industry median of 1.41, Power of Canada 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 Insurance company?
The median Cyclically Adjusted PB Ratio among Insurance companies is 1.41, based on 417 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. Power of Canada's current Cyclically Adjusted PB Ratio of 3.78 is 168.1% 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 Power of Canada and its competitors. For the Insurance industry, the median Cyclically Adjusted PB Ratio is 1.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Power of Canada's current Cyclically Adjusted PB Ratio is 3.78, which is 182% above median its own 10-year median of 1.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Power of Canada stock overvalued right now?
Based on GuruFocus' analysis, Power of Canada (FRA:PCR) is currently considered Significantly Overvalued. The stock's GF Value™ is €39.62, compared to a current price of €58.78 — trading 48.4% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.78, which is 182% above median its 10-year median of 1.34 and 168.1% above the Insurance industry median of 1.41. Power of Canada's overall GF Score™ is 56/100 with 8 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 Power of Canada (FRA:PCR), the current Cyclically Adjusted PB Ratio is 3.78 as of Aug. 16, 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 Power of Canada (FRA:PCR) Overvalued in 2026?

Based on GuruFocus' analysis, Power of Canada stock appears to be overvalued. The current stock price of €58.78 is trading 48.4% above its estimated GF Value™ of €39.62. GuruFocus considers Power of Canada to be Significantly Overvalued.

Key valuation signals for FRA:PCR:

  • Cyclically Adjusted PB Ratio: 3.78 (182% above median its 10-year median of 1.34)
  • GF Value™: €39.62 vs. price of €58.78 (48.4% above fair value)
  • GF Score™: 56/100 with 8 warning signs
  • Industry Position: 168.1% above the Insurance median (#362 of 417)

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


Power of Canada Business Description

Address 751 Victoria Square, Montreal, QC, CAN, H2Y 2J3
Power Corp. of Canada is a holding company with controlling interests in Great-West Lifeco (one of the big three Canadian life insurers), IGM Financial (Canada's largest nonbank asset manager), and other alternative asset management platforms (Sagard and Power Sustainable). The company also has minority interests in Groupe Bruxelles Lambert, a holding company with interests in European firms.
56GF Score

Get the complete analysis for FRA:PCR

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

€58.78
Price
€39.62
GF Value