RF Industries (FRA:RF5) Cyclically Adjusted PB Ratio: 3.01 (As of Aug. 27, 2026) — 94% Above Median

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FRA:RF5 RF Industries Ltd FRA:RF5
57 GF Score
Price €9.10
GF Value €4.25
Valuation Significantly Overvalued
! 3 Warning Signs
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What is RF Industries Cyclically Adjusted PB Ratio?

RF Industries FRA:RF5 +0.55% 57 Cyclically Adjusted PB Ratio is 3.01 as of Aug. 27, 2026, which is 94% above its 10-year median of 1.55. GuruFocus rates FRA:RF5 with a GF Score™ of 57/100 and a GF Value™ of €4.25 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,105 Industrial Products companies, RF Industries ranks worse than 59.33% on this metric.

As of today (2026-08-27), RF Industries's current share price is €9.10. RF Industries's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 was €3.02. RF Industries's Cyclically Adjusted PB Ratio for today is 3.01.

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

FRA:RF5' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.49   Med: 1.55   Max: 5.47
Current: 2.71

During the past years, RF Industries's highest Cyclically Adjusted PB Ratio was 5.47. The lowest was 0.49. And the median was 1.55.

FRA:RF5's Cyclically Adjusted PB Ratio is ranked worse than
59.33% of 2105 companies
in the Industrial Products industry
Industry Median: 2.1 vs FRA:RF5: 2.71

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.

RF Industries's adjusted book value per share data for the three months ended in Apr. 2026 was €2.906. 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 €3.02 for the trailing ten years ended in Apr. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


RF Industries  (FRA:RF5) 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.


RF Industries Cyclically Adjusted PB Ratio Related Terms


RF Industries Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for RF Industries'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.

RF Industries Cyclically Adjusted PB Ratio Chart

RF Industries Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.24 1.46 0.77 1.08 2.03

RF Industries Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 0.99 2.14 2.03 2.54 3.70

FRA:RF5 vs UTKN, NEOV, SKYX: Cyclically Adjusted PB Ratio Comparison

For the Electrical Equipment & Parts subindustry, RF Industries'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.


RF Industries Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, RF Industries's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:RF5
57GF Score
RF Industries Ltd FRA:RF5
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

RF Industries 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.

RF Industries's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=9.10/3.02
=3.01

* 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.

RF Industries's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=2.906/333.0200*333.0200
=2.906

Current CPI (Apr. 2026) = 333.0200.

RF Industries Quarterly Data

Book Value per Share CPI Adj_Book
201607 2.515 240.628 3.481
201610 2.199 241.729 3.029
201701 2.240 242.839 3.072
201704 2.218 244.524 3.021
201707 2.067 244.786 2.812
201710 2.047 246.663 2.764
201801 1.997 247.867 2.683
201804 2.245 250.546 2.984
201807 2.530 252.006 3.343
201810 2.602 252.885 3.427
201901 2.686 251.712 3.554
201904 2.820 255.548 3.675
201907 2.910 256.571 3.777
201910 3.013 257.346 3.899
202001 2.954 257.971 3.813
202004 2.988 256.389 3.881
202007 2.831 259.101 3.639
202010 2.777 260.388 3.552
202101 2.650 261.582 3.374
202104 3.113 267.054 3.882
202107 3.259 273.003 3.975
202110 3.394 276.589 4.086
202201 3.454 281.148 4.091
202204 3.677 289.109 4.235
202207 3.991 296.276 4.486
202210 4.169 298.012 4.659
202301 3.697 299.170 4.115
202304 3.705 303.363 4.067
202307 3.550 305.691 3.867
202310 3.641 307.671 3.941
202401 3.381 308.417 3.651
202404 3.073 313.548 3.264
202407 2.999 314.540 3.175
202410 2.966 315.664 3.129
202501 3.096 317.671 3.246
202504 2.850 320.795 2.959
202507 2.794 323.048 2.880
202510 2.822 0.000
202601 2.797 325.252 2.864
202604 2.906 333.020 2.906

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 3.01 mean?
RF Industries (FRA:RF5) has a Cyclically Adjusted PB Ratio of 3.01 as of Aug. 27, 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 RF Industries and its competitors. This is 94% above median its historical median of 1.55. Over the past decade, RF Industries' Cyclically Adjusted PB Ratio has ranged from 0.49 to 5.47. According to the industry distribution chart, RF Industries ranks #1249 out of 2105 companies in the Industrial Products industry, placing it in the top 59.3%.
Is RF Industries' Cyclically Adjusted PB Ratio too high?
RF Industries' current Cyclically Adjusted PB Ratio of 3.01 is 94% above median its 10-year median of 1.55. Over the past 10 years, this metric has ranged from a low of 0.49 to a high of 5.47. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.10. RF Industries' value of 3.01 is 43.3% above this industry median. Based on the distribution chart, RF Industries ranks #1249 out of 2105 companies in the Industrial Products industry, which is below the industry midpoint. Overall, RF Industries has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does RF Industries' Cyclically Adjusted PB Ratio compare to UTKN and NEOV?
According to the Industrial Products industry distribution chart, RF Industries ranks #1249 out of 2105 companies for Cyclically Adjusted PB Ratio. This places RF Industries in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.10. RF Industries' value of 3.01 is 43.3% above this benchmark. Historically, RF Industries' own Cyclically Adjusted PB Ratio has ranged from 0.49 to 5.47 over the past decade. While the company's 10-year median is 1.55 vs. the industry median of 2.10, RF Industries 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 Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.10, based on 2,105 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. RF Industries's current Cyclically Adjusted PB Ratio of 3.01 is 43.3% 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 RF Industries and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RF Industries's current Cyclically Adjusted PB Ratio is 3.01, which is 94% above median its own 10-year median of 1.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RF Industries stock overvalued right now?
Based on GuruFocus' analysis, RF Industries (FRA:RF5) is currently considered Significantly Overvalued. The stock's GF Value™ is €4.25, compared to a current price of €9.10 — trading 114.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.01, which is 94% above median its 10-year median of 1.55 and 43.3% above the Industrial Products industry median of 2.10. RF Industries' overall GF Score™ is 57/100 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 RF Industries (FRA:RF5), the current Cyclically Adjusted PB Ratio is 3.01 as of Aug. 27, 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 RF Industries (FRA:RF5) Overvalued in 2026?

Based on GuruFocus' analysis, RF Industries stock appears to be overvalued. The current stock price of €9.10 is trading 114.1% above its estimated GF Value™ of €4.25. GuruFocus considers RF Industries to be Significantly Overvalued.

Key valuation signals for FRA:RF5:

  • Cyclically Adjusted PB Ratio: 3.01 (94% above median its 10-year median of 1.55)
  • GF Value™: €4.25 vs. price of €9.10 (114.1% above fair value)
  • GF Score™: 57/100 with 3 warning signs
  • Industry Position: 43.3% above the Industrial Products median (#1249 of 2105)

No single metric tells the full story. See the FRA:RF5 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


RF Industries Business Description

Other Exchanges RFIL:USA
Address 16868 Via Del Campo Court, Suite 200, San Diego, CA, USA, 92127
RF Industries Ltd is engaged in the design, manufacture, and marketing of interconnect products and systems, including coaxial and specialty cables, fiber optic cables and connectors, and electrical and electronic specialty cables. The company has one operating segment. The company operates in Canada, Germany, China, the USA, and the United Kingdom, and Others.
57GF Score

Get the complete analysis for FRA:RF5

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

€9.10
Price
€4.25
GF Value