Virtus Investment Partners (FRA:VIP) Cyclically Adjusted PB Ratio: 1.32 (As of Jul. 03, 2026) — 45% Below Median


FRA:VIP Virtus Investment Partners Inc FRA:VIP
67 GF Score
Price €126.00
GF Value €172.33
Valuation Modestly Undervalued
! 10 Warning Signs
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What is Virtus Investment Partners Cyclically Adjusted PB Ratio?

Virtus Investment Partners FRA:VIP +1.61% 67 Cyclically Adjusted PB Ratio is 1.32 as of Jul. 03, 2026, which is 45% below its 10-year median of 2.39. GuruFocus rates FRA:VIP with a GF Score™ of 67/100 and a GF Value™ of €172.33 (Modestly Undervalued). The stock has 10 warning signs investors should review. Among 1,001 Asset Management companies, Virtus Investment Partners ranks worse than 71.43% on this metric.

As of today (2026-07-03), Virtus Investment Partners's current share price is €126.00. Virtus Investment Partners's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €95.77. Virtus Investment Partners's Cyclically Adjusted PB Ratio for today is 1.32.

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

FRA:VIP' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.12   Med: 2.39   Max: 4.76
Current: 1.27

During the past years, Virtus Investment Partners's highest Cyclically Adjusted PB Ratio was 4.76. The lowest was 1.12. And the median was 2.39.

FRA:VIP's Cyclically Adjusted PB Ratio is ranked worse than
71.43% of 1001 companies
in the Asset Management industry
Industry Median: 0.85 vs FRA:VIP: 1.27

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.

Virtus Investment Partners's adjusted book value per share data for the three months ended in Mar. 2026 was €118.760. 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 €95.77 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Virtus Investment Partners  (FRA:VIP) 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.


Virtus Investment Partners Cyclically Adjusted PB Ratio Related Terms


Virtus Investment Partners Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Virtus Investment Partners'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.

Virtus Investment Partners Cyclically Adjusted PB Ratio Chart

Virtus Investment Partners 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 4.01 2.22 2.54 2.15 1.48

Virtus Investment Partners 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 1.64 1.69 1.74 1.48 1.18

FRA:VIP vs EMO, RNP, BBN: Cyclically Adjusted PB Ratio Comparison

For the Asset Management subindustry, Virtus Investment Partners'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.


Virtus Investment Partners Cyclically Adjusted PB Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Virtus Investment Partners's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:VIP
67GF Score
Virtus Investment Partners Inc FRA:VIP
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Virtus Investment Partners 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.

Virtus Investment Partners's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=126.00/95.77
=1.32

* 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.

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

For example, Virtus Investment Partners'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)
=118.76/330.2130*330.2130
=118.760

Current CPI (Mar. 2026) = 330.2130.

Virtus Investment Partners Quarterly Data

Book Value per Share CPI Adj_Book
201606 53.768 241.018 73.666
201609 55.005 241.428 75.233
201612 51.782 241.432 70.824
201703 59.071 243.801 80.008
201706 57.060 244.955 76.920
201709 55.481 246.819 74.227
201712 56.378 246.524 75.517
201803 55.956 249.554 74.042
201806 61.345 251.989 80.388
201809 63.897 252.439 83.583
201812 65.208 251.233 85.707
201903 66.279 254.202 86.098
201906 68.837 256.143 88.743
201909 73.250 256.759 94.205
201912 74.661 256.974 95.940
202003 77.177 258.115 98.734
202006 76.259 257.797 97.680
202009 75.725 260.280 96.071
202012 77.088 260.474 97.727
202103 80.089 264.877 99.844
202106 84.700 271.696 102.942
202109 90.993 274.310 109.537
202112 97.659 278.802 115.667
202203 99.199 287.504 113.935
202206 102.039 296.311 113.714
202209 111.615 296.808 124.177
202212 107.389 296.797 119.480
202303 107.384 301.836 117.480
202306 108.332 305.109 117.245
202309 112.459 307.789 120.652
202312 111.769 306.746 120.320
202403 112.503 312.332 118.944
202406 113.951 314.175 119.768
202409 114.172 315.301 119.572
202412 123.024 315.605 128.718
202503 119.619 319.799 123.514
202506 115.171 322.561 117.903
202509 115.909 324.800 117.841
202512 119.145 324.054 121.409
202603 118.760 330.213 118.760

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 1.32 mean?
Virtus Investment Partners (FRA:VIP) has a Cyclically Adjusted PB Ratio of 1.32 as of Jul. 03, 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 Virtus Investment Partners and its competitors. This is 45% below median its historical median of 2.39. Over the past decade, Virtus Investment Partners' Cyclically Adjusted PB Ratio has ranged from 1.12 to 4.76. According to the industry distribution chart, Virtus Investment Partners ranks #715 out of 1001 companies in the Asset Management industry, placing it in the top 71.4%.
Is Virtus Investment Partners' Cyclically Adjusted PB Ratio too high?
Virtus Investment Partners' current Cyclically Adjusted PB Ratio of 1.32 is 45% below median its 10-year median of 2.39. Over the past 10 years, this metric has ranged from a low of 1.12 to a high of 4.76. The Asset Management industry median Cyclically Adjusted PB Ratio is 0.85. Virtus Investment Partners' value of 1.32 is 55.3% above this industry median. Based on the distribution chart, Virtus Investment Partners ranks #715 out of 1001 companies in the Asset Management industry, which is below the industry midpoint. Overall, Virtus Investment Partners has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Virtus Investment Partners' Cyclically Adjusted PB Ratio compare to EMO and RNP?
According to the Asset Management industry distribution chart, Virtus Investment Partners ranks #715 out of 1001 companies for Cyclically Adjusted PB Ratio. This places Virtus Investment Partners in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.85. Virtus Investment Partners' value of 1.32 is 55.3% above this benchmark. Historically, Virtus Investment Partners' own Cyclically Adjusted PB Ratio has ranged from 1.12 to 4.76 over the past decade. While the company's 10-year median is 2.39 vs. the industry median of 0.85, Virtus Investment Partners 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 Asset Management company?
The median Cyclically Adjusted PB Ratio among Asset Management companies is 0.85, based on 1,001 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. Virtus Investment Partners's current Cyclically Adjusted PB Ratio of 1.32 is 55.3% 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 Virtus Investment Partners and its competitors. For the Asset Management industry, the median Cyclically Adjusted PB Ratio is 0.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Virtus Investment Partners's current Cyclically Adjusted PB Ratio is 1.32, which is 45% below median its own 10-year median of 2.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Virtus Investment Partners stock overvalued right now?
Based on GuruFocus' analysis, Virtus Investment Partners (FRA:VIP) is currently considered Modestly Undervalued. The stock's GF Value™ is €172.33, compared to a current price of €126.00 — trading 26.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.32, which is 45% below median its 10-year median of 2.39 and 55.3% above the Asset Management industry median of 0.85. Virtus Investment Partners' overall GF Score™ is 67/100 with 10 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 Virtus Investment Partners (FRA:VIP), the current Cyclically Adjusted PB Ratio is 1.32 as of Jul. 03, 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 Virtus Investment Partners (FRA:VIP) Overvalued in 2026?

Based on GuruFocus' analysis, Virtus Investment Partners stock appears to be undervalued. The current stock price of €126.00 is trading 26.9% below its estimated GF Value™ of €172.33. GuruFocus considers Virtus Investment Partners to be Modestly Undervalued.

Key valuation signals for FRA:VIP:

  • Cyclically Adjusted PB Ratio: 1.32 (45% below median its 10-year median of 2.39)
  • GF Value™: €172.33 vs. price of €126.00 (26.9% below fair value)
  • GF Score™: 67/100 with 10 warning signs
  • Industry Position: 55.3% above the Asset Management median (#715 of 1001)

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


Virtus Investment Partners Business Description

Other Exchanges VRTS:USA
Address One Financial Plaza, Hartford, CT, USA, 06103
Virtus Investment Partners Inc provides investment management and related services to institutions and individuals. It uses a multi-manager, multi-style approach, offering investment strategies from investment managers, each having its distinct investment style, autonomous investment process, and individual brand, as well as from select unaffiliated managers for certain funds. Through its multi-manager model, the group provides investment managers with distribution, business, and operational support. The Company operates in one business segment, namely as an asset manager providing investment management and related services for individual and institutional clients.
67GF Score

Get the complete analysis for FRA:VIP

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

€126.00
Price
€172.33
GF Value