United Parks & Resorts (FRA:W2L) Cyclically Adjusted PB Ratio: (As of Jul. 29, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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:W2L United Parks & Resorts Inc FRA:W2L
77 GF Score
Price €40.20
GF Value €49.81
! 6 Warning Signs
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What is United Parks & Resorts Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


United Parks & Resorts  (FRA:W2L) 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.


United Parks & Resorts Cyclically Adjusted PB Ratio Related Terms


United Parks & Resorts Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for United Parks & Resorts'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.

United Parks & Resorts Cyclically Adjusted PB Ratio Chart

United Parks & Resorts 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 14.83 14.96 15.74 29.68 96.08

United Parks & Resorts 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 30.22 41.09 64.71 96.08 0.00

FRA:W2L vs FUN, PTON, OSW: Cyclically Adjusted PB Ratio Comparison

For the Leisure subindustry, United Parks & Resorts'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.


United Parks & Resorts Cyclically Adjusted PB Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, United Parks & Resorts's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where United Parks & Resorts's Cyclically Adjusted PB Ratio falls into.


FRA:W2L
77GF Score
United Parks & Resorts Inc FRA:W2L
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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United Parks & Resorts 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.

United Parks & Resorts's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, United Parks & Resorts'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)
=-9.921/330.2130*330.2130
=-9.921

Current CPI (Mar. 2026) = 330.2130.

United Parks & Resorts Quarterly Data

Book Value per Share CPI Adj_Book
201606 4.151 241.018 5.687
201609 4.788 241.428 6.549
201612 5.123 241.432 7.007
201703 4.442 243.801 6.016
201706 2.476 244.955 3.338
201709 2.921 246.819 3.908
201712 2.821 246.524 3.779
201803 2.236 249.554 2.959
201806 2.668 251.989 3.496
201809 3.690 252.439 4.827
201812 2.801 251.233 3.682
201903 2.398 254.202 3.115
201906 1.491 256.143 1.922
201909 2.690 256.759 3.460
201912 2.425 256.974 3.116
202003 1.578 258.115 2.019
202006 0.104 257.797 0.133
202009 -0.722 260.280 -0.916
202012 -1.109 260.474 -1.406
202103 -1.558 264.877 -1.942
202106 -0.224 271.696 -0.272
202109 0.126 274.310 0.152
202112 -0.397 278.802 -0.470
202203 -1.862 287.504 -2.139
202206 -5.554 296.311 -6.189
202209 -6.505 296.808 -7.237
202212 -6.465 296.797 -7.193
202303 -6.623 301.836 -7.246
202306 33.168 305.109 35.897
202309 -3.698 307.789 -3.967
202312 -2.985 306.746 -3.213
202403 -3.500 312.332 -3.700
202406 -5.664 314.175 -5.953
202409 -7.366 315.301 -7.714
202412 -8.010 315.605 -8.381
202503 -8.049 319.799 -8.311
202506 -6.223 322.561 -6.371
202509 -4.785 324.800 -4.865
202512 -7.284 324.054 -7.422
202603 -9.921 330.213 -9.921

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.

Is United Parks & Resorts (FRA:W2L) Overvalued in 2026?

Based on GuruFocus' analysis, United Parks & Resorts stock appears to be undervalued. The current stock price of €40.20 is trading 19.3% below its estimated GF Value™ of €49.81.

Key valuation signals for FRA:W2L:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €49.81 vs. price of €40.20 (19.3% below fair value)
  • GF Score™: 77/100 with 6 warning signs

No single metric tells the full story. See the FRA:W2L stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


United Parks & Resorts Business Description

Other Exchanges PRKS:USAW2L:Germany
Address 6240 Sea Harbor Drive, Orlando, FL, USA, 32821
United Parks & Resorts Inc is an American theme park and entertainment company. Its core business is the operation of theme parks and entertainment facilities involving sea animals across the country under prominent brands such as SeaWorld, Busch Gardens, Aquatica, Discovery Cove, and Sesame Place. The company generates the majority of its revenue from selling admission tickets for its theme parks.
77GF Score

Get the complete analysis for FRA:W2L

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

€40.20
Price
€49.81
GF Value