Fabrity (FRA:Z87) Cyclically Adjusted PB Ratio: 1.69 (As of Aug. 03, 2026) — 15% Below Median

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FRA:Z87 Fabrity SA FRA:Z87
74 GF Score
Price €5.76
GF Value €5.87
! 3 Warning Signs
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What is Fabrity Cyclically Adjusted PB Ratio?

Fabrity FRA:Z87 +0.70% 74 Cyclically Adjusted PB Ratio is 1.69 as of Aug. 03, 2026, which is 15% below its 10-year median of 1.98. GuruFocus rates FRA:Z87 with a GF Score™ of 74/100 and a GF Value™ of €5.87. The stock has 3 warning signs investors should review. Among 1,573 Software companies, Fabrity ranks better than 59.69% on this metric.

As of today (2026-08-03), Fabrity's current share price is €5.76. Fabrity's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €3.40. Fabrity's Cyclically Adjusted PB Ratio for today is 1.69.

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

FRA:Z87' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.58   Med: 1.98   Max: 2.69
Current: 1.68

During the past years, Fabrity's highest Cyclically Adjusted PB Ratio was 2.69. The lowest was 0.58. And the median was 1.98.

FRA:Z87's Cyclically Adjusted PB Ratio is ranked better than
59.69% of 1573 companies
in the Software industry
Industry Median: 2.24 vs FRA:Z87: 1.68

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.

Fabrity's adjusted book value per share data for the three months ended in Mar. 2026 was €2.431. 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 €3.40 for the trailing ten years ended in Mar. 2026.

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 2.07 1.93 2.41 1.87 1.56

Fabrity 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 1.80 1.82 1.73 1.56 1.66

FRA:Z87 vs QH, 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
74GF Score
Fabrity SA FRA:Z87
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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 PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.76/3.40
=1.69

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

For example, Fabrity'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)
=2.431/163.0700*163.0700
=2.431

Current CPI (Mar. 2026) = 163.0700.

Fabrity Quarterly Data

Book Value per Share CPI Adj_Book
201606 2.225 99.552 3.645
201609 2.217 99.064 3.649
201612 2.379 100.366 3.865
201703 2.373 101.018 3.831
201706 2.151 101.180 3.467
201709 2.272 101.343 3.656
201712 2.501 102.564 3.976
201803 2.513 102.564 3.996
201806 2.311 103.378 3.645
201809 2.356 103.378 3.716
201812 2.485 103.785 3.905
201903 2.410 104.274 3.769
201906 2.164 105.983 3.330
201909 2.102 105.983 3.234
201912 2.138 107.123 3.255
202003 2.191 109.076 3.276
202006 2.328 109.402 3.470
202009 2.652 109.320 3.956
202012 2.820 109.565 4.197
202103 2.924 112.658 4.232
202106 2.796 113.960 4.001
202109 2.739 115.588 3.864
202112 2.867 119.088 3.926
202203 2.981 125.031 3.888
202206 5.050 131.705 6.253
202209 3.189 135.531 3.837
202212 3.195 139.113 3.745
202303 3.335 145.950 3.726
202306 2.481 147.009 2.752
202309 3.364 146.113 3.754
202312 3.488 147.741 3.850
202403 3.582 149.044 3.919
202406 2.885 150.997 3.116
202409 2.963 153.439 3.149
202412 2.185 154.660 2.304
202503 2.778 157.021 2.885
202506 2.379 157.509 2.463
202509 2.455 158.000 2.534
202512 2.326 158.320 2.396
202603 2.431 163.070 2.431

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 1.69 mean?
Fabrity (FRA:Z87) has a Cyclically Adjusted PB Ratio of 1.69 as of Aug. 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 Fabrity and its competitors. This is 15% below median its historical median of 1.98. Over the past decade, Fabrity's Cyclically Adjusted PB Ratio has ranged from 0.58 to 2.69. According to the industry distribution chart, Fabrity ranks #634 out of 1573 companies in the Software industry, placing it in the top 40.3%.
Is Fabrity's Cyclically Adjusted PB Ratio too high?
Fabrity's current Cyclically Adjusted PB Ratio of 1.69 is 15% below median its 10-year median of 1.98. Over the past 10 years, this metric has ranged from a low of 0.58 to a high of 2.69. The Software industry median Cyclically Adjusted PB Ratio is 2.24. Fabrity's value of 1.69 is 24.6% below this industry median. Based on the distribution chart, Fabrity ranks #634 out of 1573 companies in the Software industry, which is above the industry midpoint. Overall, Fabrity has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.
How does Fabrity's Cyclically Adjusted PB Ratio compare to QH and SHOP?
According to the Software industry distribution chart, Fabrity ranks #634 out of 1573 companies for Cyclically Adjusted PB Ratio. This puts Fabrity in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.24. Fabrity's value of 1.69 is 24.6% below this benchmark. Historically, Fabrity's own Cyclically Adjusted PB Ratio has ranged from 0.58 to 2.69 over the past decade. While the company's 10-year median is 1.98 vs. the industry median of 2.24, Fabrity 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 Software company?
The median Cyclically Adjusted PB Ratio among Software companies is 2.24, based on 1,573 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. Fabrity's current Cyclically Adjusted PB Ratio of 1.69 is 24.6% 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 Fabrity and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fabrity's current Cyclically Adjusted PB Ratio is 1.69, which is 15% below median its own 10-year median of 1.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fabrity stock overvalued right now?
Fabrity (FRA:Z87) has a current Cyclically Adjusted PB Ratio of 1.69. The stock's GF Value™ is €5.87, compared to a current price of €5.76 — trading 1.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.69, which is 15% below median its 10-year median of 1.98 and 24.6% below the Software industry median of 2.24. Fabrity's overall GF Score™ is 74/100 with 3 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 Fabrity (FRA:Z87), the current Cyclically Adjusted PB Ratio is 1.69 as of Aug. 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 Fabrity (FRA:Z87) Overvalued in 2026?

Based on GuruFocus' analysis, Fabrity stock appears to be undervalued. The current stock price of €5.76 is trading 1.9% below its estimated GF Value™ of €5.87.

Key valuation signals for FRA:Z87:

  • Cyclically Adjusted PB Ratio: 1.69 (15% below median its 10-year median of 1.98)
  • GF Value™: €5.87 vs. price of €5.76 (1.9% below fair value)
  • GF Score™: 74/100 with 3 warning signs
  • Industry Position: 24.6% below the Software median (#634 of 1573)

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.
74GF 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.

€5.76
Price
€5.87
GF Value