Fobi Ai (FRA:WMV) Cyclically Adjusted PB Ratio: (As of Aug. 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.

What is Fobi Ai Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Fobi Ai  (FRA:WMV) 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.


Fobi Ai Cyclically Adjusted PB Ratio Related Terms


Fobi Ai Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Fobi Ai'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.

Fobi Ai Cyclically Adjusted PB Ratio Chart

Fobi Ai Annual Data
Trend Dec16 Dec17 Dec18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.91 17.76 20.96 12.41 18.95

Fobi Ai 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 14.28 18.95 24.47 32.57 50.86

FRA:WMV vs INTZ, TGHL, RKTO: Cyclically Adjusted PB Ratio Comparison

For the Software - Infrastructure subindustry, Fobi Ai'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.


Fobi Ai Cyclically Adjusted PB Ratio vs Software Industry

For the Software industry and Technology sector, Fobi Ai's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Fobi Ai 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.

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

For example, Fobi Ai'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)
=-0.013/132.2623*132.2623
=-0.013

Current CPI (Mar. 2026) = 132.2623.

Fobi Ai Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.036 102.002 0.047
201609 0.001 101.765 0.001
201612 -0.009 101.449 -0.012
201703 -0.010 102.634 -0.013
201706 -0.013 103.029 -0.017
201709 -0.015 103.345 -0.019
201712 -0.016 103.345 -0.020
201803 -0.017 105.004 -0.021
201806 -0.020 105.557 -0.025
201809 -0.027 105.636 -0.034
201812 -0.030 105.399 -0.038
201903 -0.034 106.979 -0.042
201906 -0.017 107.690 -0.021
201909 -0.017 107.611 -0.021
201912 -0.023 107.769 -0.028
202003 -0.011 107.927 -0.013
202006 -0.009 108.401 -0.011
202009 -0.001 108.164 -0.001
202012 0.012 108.559 0.015
202103 0.012 110.298 0.014
202106 0.054 111.720 0.064
202109 0.052 112.905 0.061
202112 0.063 113.774 0.073
202203 0.052 117.646 0.058
202206 0.032 120.806 0.035
202209 0.028 120.648 0.031
202212 0.020 120.964 0.022
202303 0.019 122.702 0.020
202306 0.011 124.203 0.012
202309 0.008 125.230 0.008
202312 0.004 125.072 0.004
202403 0.008 126.258 0.008
202406 -0.006 127.522 -0.006
202409 -0.011 127.285 -0.011
202412 -0.013 127.364 -0.013
202503 -0.014 129.181 -0.014
202506 -0.009 129.892 -0.009
202509 -0.011 130.287 -0.011
202512 -0.010 130.366 -0.010
202603 -0.013 132.262 -0.013

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.


Fobi Ai Business Description

Other Exchanges FOBIF:USA
Address 1322 West Broadway, Suite 1002, Vancouver, BC, CAN, V6H 1H2
Fobi Ai Inc is a data intelligence company that helps clients turn real-time data into actionable insights and personalized customer engagement to generate increased profits. The company operates in one operating segment, being the technology segment wherein it earns revenues from directly selling software as a service, reselling, referring and licensing its technology to licensors. Its IoT device has the ability to integrate seamlessly into existing infrastructure to enable data connectivity across online and on-premise platforms creating scalable solutions for clients across the world. The company operates globally in the retail, telecom, sports and entertainment, casino gaming, and hospitality and tourism industries. It operates in North America and Europe.