Fabrity (FRA:Z87) Cyclically Adjusted PB Ratio: (As of Sep. 20, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
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:Z87 Fabrity SA FRA:Z87
75 GF Score
Price €5.74
GF Value €5.76
! 5 Warning Signs
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What is Fabrity Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Fabrity  (FRA:Z87) 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.


Fabrity Cyclically Adjusted PB Ratio Related Terms


Fabrity Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Fabrity'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.

Fabrity Cyclically Adjusted PB Ratio Chart

Fabrity 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 - - - - 1.44

Fabrity Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 - 1.58 1.44 1.50 1.54

FRA:Z87 vs CRM, SHOP, UBER: Cyclically Adjusted PB Ratio Comparison

For the Software - Application subindustry, Fabrity'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.


Fabrity Cyclically Adjusted PB Ratio vs Software Industry

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

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


FRA:Z87
75GF Score
Fabrity SA FRA:Z87
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Fabrity 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.

Fabrity's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=2.032/162.2800*162.2800
=2.032

Current CPI (Jun. 2026) = 162.2800.

Fabrity Quarterly Data

Book Value per Share CPI Adj_Book
201606 2.176 99.552 3.547
201609 2.219 99.064 3.635
201612 2.325 100.366 3.759
201703 2.411 101.018 3.873
201706 2.189 101.180 3.511
201709 2.270 101.343 3.635
201712 2.581 102.564 4.084
201803 2.578 102.564 4.079
201806 2.311 103.378 3.628
201809 2.422 103.378 3.802
201812 2.546 103.785 3.981
201903 2.489 104.274 3.874
201906 2.295 105.983 3.514
201909 2.170 105.983 3.323
201912 2.334 107.123 3.536
202003 2.256 109.076 3.356
202006 2.482 109.402 3.682
202009 2.806 109.320 4.165
202012 2.918 109.565 4.322
202103 2.985 112.658 4.300
202106 2.960 113.960 4.215
202109 2.842 115.588 3.990
202112 2.998 119.088 4.085
202203 3.081 125.031 3.999
202206 4.909 131.705 6.049
202209 3.152 135.531 3.774
202303 3.414 145.950 3.796
202306 2.797 147.009 3.088
202309 3.537 146.113 3.928
202312 3.923 147.741 4.309
202403 4.130 149.044 4.497
202406 3.518 150.997 3.781
202409 3.647 153.439 3.857
202412 3.438 154.660 3.607
202503 2.927 157.021 3.025
202506 2.469 157.509 2.544
202509 2.539 158.000 2.608
202512 2.438 158.320 2.499
202603 2.508 163.070 2.496
202606 2.032 162.280 2.032

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 Fabrity (FRA:Z87) Overvalued in 2026?

Based on GuruFocus' analysis, Fabrity stock appears to be undervalued. The current stock price of €5.74 is trading 0.3% below its estimated GF Value™ of €5.76.

Key valuation signals for FRA:Z87:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €5.76 vs. price of €5.74 (0.3% below fair value)
  • GF Score™: 75/100 with 5 warning signs

No single metric tells the full story. See the FRA:Z87 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fabrity Business Description

Other Exchanges FAB:Poland
Address Domaniewska Street 44a, Platinium Building 5, Warszawa, POL, 02-672
Fabrity SA is engaged in providing comprehensive software engineering solutions as well as digital transformation services. The company offers comprehensive support in business software development, IT project consulting and implementation, digital product design, and e-commerce solutions.
75GF Score

Get the complete analysis for FRA:Z87

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

€5.74
Price
€5.76
GF Value