Synectics (FRA:RNR) Cyclically Adjusted PB Ratio: 0.75 (As of Aug. 15, 2026) — Near Median

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FRA:RNR Synectics PLC FRA:RNR
67 GF Score
Price €2.18
GF Value €2.63
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Synectics Cyclically Adjusted PB Ratio?

Synectics FRA:RNR 67 Cyclically Adjusted PB Ratio is 0.75 as of Aug. 15, 2026, which is 3% above its 10-year median of 0.73. GuruFocus rates FRA:RNR with a GF Score™ of 67/100 and a GF Value™ of €2.63 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 716 Business Services companies, Synectics ranks better than 76.54% on this metric.

As of today (2026-08-15), Synectics's current share price is €2.18. Synectics's Cyclically Adjusted Book per Share for the fiscal year that ended in Nov25 was €2.91. Synectics's Cyclically Adjusted PB Ratio for today is 0.75.

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

FRA:RNR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.38   Med: 0.73   Max: 1.39
Current: 0.69

During the past 13 years, Synectics's highest Cyclically Adjusted PB Ratio was 1.39. The lowest was 0.38. And the median was 0.73.

FRA:RNR's Cyclically Adjusted PB Ratio is ranked better than
76.54% of 716 companies
in the Business Services industry
Industry Median: 1.53 vs FRA:RNR: 0.69

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.

Synectics's adjusted book value per share data of for the fiscal year that ended in Nov25 was €2.924. 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 €2.91 for the trailing ten years ended in Nov25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Synectics  (FRA:RNR) 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.


Synectics Cyclically Adjusted PB Ratio Related Terms


Synectics Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Synectics'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.

Synectics Cyclically Adjusted PB Ratio Chart

Synectics Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.48 0.45 0.41 1.16 1.03

Synectics Semi-Annual Data
May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25
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 0.41 0.00 1.16 0.00 1.03

FRA:RNR vs ALLE, MSA, ADT: Cyclically Adjusted PB Ratio Comparison

For the Security & Protection Services subindustry, Synectics'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.


Synectics Cyclically Adjusted PB Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, Synectics's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:RNR
67GF Score
Synectics PLC FRA:RNR
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Synectics 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.

Synectics's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.18/2.91
=0.75

* 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.

Synectics's Cyclically Adjusted Book per Share for the fiscal year that ended in Nov25 is calculated as:

For example, Synectics's adjusted Book Value per Share data for the fiscal year that ended in Nov25 was:

Adj_Book=Book Value per Share/CPI of Nov25 (Change)*Current CPI (Nov25)
=2.924/139.4000*139.4000
=2.924

Current CPI (Nov25) = 139.4000.

Synectics Annual Data

Book Value per Share CPI Adj_Book
201611 2.517 101.800 3.447
201711 2.503 104.700 3.333
201811 2.598 106.900 3.388
201911 2.685 108.500 3.450
202011 2.323 109.100 2.968
202111 2.342 114.100 2.861
202211 2.391 124.800 2.671
202311 2.664 130.000 2.857
202411 2.958 134.600 3.063
202511 2.924 139.400 2.924

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 0.75 mean?
Synectics (FRA:RNR) has a Cyclically Adjusted PB Ratio of 0.75 as of Aug. 15, 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 Synectics and its competitors. This is near median its historical median of 0.73. Over the past decade, Synectics' Cyclically Adjusted PB Ratio has ranged from 0.38 to 1.39. According to the industry distribution chart, Synectics ranks #168 out of 716 companies in the Business Services industry, placing it in the top 23.5%.
Is Synectics' Cyclically Adjusted PB Ratio too high?
Synectics' current Cyclically Adjusted PB Ratio of 0.75 is near median its 10-year median of 0.73. Over the past 10 years, this metric has ranged from a low of 0.38 to a high of 1.39. The Business Services industry median Cyclically Adjusted PB Ratio is 1.53. Synectics' value of 0.75 is 51% below this industry median. Based on the distribution chart, Synectics ranks #168 out of 716 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Synectics has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Synectics' Cyclically Adjusted PB Ratio compare to ALLE and MSA?
According to the Business Services industry distribution chart, Synectics ranks #168 out of 716 companies for Cyclically Adjusted PB Ratio. This places Synectics in the top 24% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.53. Synectics' value of 0.75 is 51% below this benchmark. Historically, Synectics' own Cyclically Adjusted PB Ratio has ranged from 0.38 to 1.39 over the past decade. While the company's 10-year median is 0.73 vs. the industry median of 1.53, Synectics 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 Business Services company?
The median Cyclically Adjusted PB Ratio among Business Services companies is 1.53, based on 716 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. Synectics's current Cyclically Adjusted PB Ratio of 0.75 is 51% 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 Synectics and its competitors. For the Business Services industry, the median Cyclically Adjusted PB Ratio is 1.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Synectics's current Cyclically Adjusted PB Ratio is 0.75, which is near median its own 10-year median of 0.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Synectics stock overvalued right now?
Based on GuruFocus' analysis, Synectics (FRA:RNR) is currently considered Modestly Undervalued. The stock's GF Value™ is €2.63, compared to a current price of €2.18 — trading 17.1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.75, which is near median its 10-year median of 0.73 and 51% below the Business Services industry median of 1.53. Synectics' overall GF Score™ is 67/100 with 1 warning sign 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 Synectics (FRA:RNR), the current Cyclically Adjusted PB Ratio is 0.75 as of Aug. 15, 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 Synectics (FRA:RNR) Overvalued in 2026?

Based on GuruFocus' analysis, Synectics stock appears to be undervalued. The current stock price of €2.18 is trading 17.1% below its estimated GF Value™ of €2.63. GuruFocus considers Synectics to be Modestly Undervalued.

Key valuation signals for FRA:RNR:

  • Cyclically Adjusted PB Ratio: 0.75 (near median its 10-year median of 0.73)
  • GF Value™: €2.63 vs. price of €2.18 (17.1% below fair value)
  • GF Score™: 67/100 with 1 warning sign
  • Industry Position: 51% below the Business Services median (#168 of 716)

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


Synectics Business Description

Other Exchanges SNX:UK
Address 3-4 Broadfield Close, Synectics House, Sheffield, South Yorkshire, GBR, S8 0XN
Synectics PLC is a UK-based company, which operates in the security and surveillance systems. It business of the group is operated through Synectic Systems which develops and delivers its proprietary, technology-led solutions to specialist markets globally including oil & gas, gaming, transport, critical infrastructure, and public space through local systems integrators and channel partners; and Ocular segment which delivers integrated solutions, service, and support directly to end-users in the UK and Ireland principally within public space, transport, and national infrastructure utilising a combination of proprietary technology and third-party products.
67GF Score

Get the complete analysis for FRA:RNR

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

€2.18
Price
€2.63
GF Value