Francotyp-Postalia Holding AG (HAM:FPH) Cyclically Adjusted PB Ratio: 1.16 (As of Aug. 23, 2026) — Near Median

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HAM:FPH Francotyp-Postalia Holding AG HAM:FPH
32 GF Score
Price €2.60
! 2 Warning Signs
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What is Francotyp-Postalia Holding AG Cyclically Adjusted PB Ratio?

Francotyp-Postalia Holding AG HAM:FPH +0.78% 32 Cyclically Adjusted PB Ratio is 1.16 as of Aug. 23, 2026, which is at its 10-year median of 1.16. GuruFocus rates HAM:FPH with a GF Score™ of 32/100. The stock has 2 warning signs investors should review. Among 711 Business Services companies, Francotyp-Postalia Holding AG ranks better than 59.92% on this metric.

As of today (2026-08-23), Francotyp-Postalia Holding AG's current share price is €2.60. Francotyp-Postalia Holding AG's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was €2.24. Francotyp-Postalia Holding AG's Cyclically Adjusted PB Ratio for today is 1.16.

The historical rank and industry rank for Francotyp-Postalia Holding AG's Cyclically Adjusted PB Ratio or its related term are showing as below:

HAM:FPH' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.12   Med: 1.16   Max: 1.26
Current: 1.16

During the past years, Francotyp-Postalia Holding AG's highest Cyclically Adjusted PB Ratio was 1.26. The lowest was 1.12. And the median was 1.16.

HAM:FPH's Cyclically Adjusted PB Ratio is ranked better than
59.92% of 711 companies
in the Business Services industry
Industry Median: 1.52 vs HAM:FPH: 1.16

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.

Francotyp-Postalia Holding AG's adjusted book value per share data for the three months ended in Dec. 2025 was €1.323. 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 €2.24 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Francotyp-Postalia Holding AG  (HAM:FPH) 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.


Francotyp-Postalia Holding AG Cyclically Adjusted PB Ratio Related Terms


Francotyp-Postalia Holding AG Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Francotyp-Postalia Holding AG'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.

Francotyp-Postalia Holding AG Cyclically Adjusted PB Ratio Chart

Francotyp-Postalia Holding AG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
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Francotyp-Postalia Holding AG Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Dec25
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 0.00 0.00 0.00 0.00 0.00

HAM:FPH vs CTAS, CPRT, ULS: Cyclically Adjusted PB Ratio Comparison

For the Specialty Business Services subindustry, Francotyp-Postalia Holding AG'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.


Francotyp-Postalia Holding AG Cyclically Adjusted PB Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, Francotyp-Postalia Holding AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Francotyp-Postalia Holding AG's Cyclically Adjusted PB Ratio falls into.


HAM:FPH
32GF Score
Francotyp-Postalia Holding AG HAM:FPH
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Francotyp-Postalia Holding AG 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.

Francotyp-Postalia Holding AG's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.60/2.24
=1.16

* 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.

Francotyp-Postalia Holding AG's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, Francotyp-Postalia Holding AG's adjusted Book Value per Share data for the three months ended in Dec. 2025 was:

Adj_Book=Book Value per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=1.323/129.3606*129.3606
=1.323

Current CPI (Dec. 2025) = 129.3606.

Francotyp-Postalia Holding AG Quarterly Data

Book Value per Share CPI Adj_Book
201512 2.058 99.717 2.670
201603 2.179 100.017 2.818
201606 2.156 100.717 2.769
201609 2.116 101.017 2.710
201612 2.165 101.217 2.767
201703 2.263 101.417 2.887
201706 2.055 102.117 2.603
201709 2.060 102.717 2.594
201712 1.984 102.617 2.501
201803 2.168 102.917 2.725
201806 2.165 104.017 2.692
201809 2.194 104.718 2.710
201812 2.016 104.217 2.502
201903 2.354 104.217 2.922
201906 2.588 105.718 3.167
201909 2.316 106.018 2.826
201912 0.803 105.818 0.982
202003 2.212 105.718 2.707
202006 2.086 106.618 2.531
202009 2.137 105.818 2.612
202012 0.768 105.518 0.942
202103 0.859 107.518 1.034
202106 0.912 108.486 1.087
202109 1.077 109.435 1.273
202112 0.964 110.384 1.130
202203 1.326 113.968 1.505
202206 1.808 115.760 2.020
202209 1.575 118.818 1.715
202212 1.639 119.345 1.777
202303 2.459 122.402 2.599
202306 1.520 123.140 1.597
202309 1.634 124.195 1.702
202312 2.173 123.773 2.271
202403 2.447 125.038 2.532
202406 1.875 125.882 1.927
202409 2.616 126.198 2.682
202412 0.955 127.041 0.972
202503 3.388 127.779 3.430
202506 3.239 128.412 3.263
202512 1.323 129.361 1.323

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 1.16 mean?
Francotyp-Postalia Holding AG (HAM:FPH) has a Cyclically Adjusted PB Ratio of 1.16 as of Aug. 23, 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 Francotyp-Postalia Holding AG and its competitors. This is near median its historical median of 1.16. Over the past decade, Francotyp-Postalia Holding AG's Cyclically Adjusted PB Ratio has ranged from 1.12 to 1.26. According to the industry distribution chart, Francotyp-Postalia Holding AG ranks #285 out of 711 companies in the Business Services industry, placing it in the top 40.1%.
Is Francotyp-Postalia Holding AG's Cyclically Adjusted PB Ratio too high?
Francotyp-Postalia Holding AG's current Cyclically Adjusted PB Ratio of 1.16 is near median its 10-year median of 1.16. Over the past 10 years, this metric has ranged from a low of 1.12 to a high of 1.26. The Business Services industry median Cyclically Adjusted PB Ratio is 1.52. Francotyp-Postalia Holding AG's value of 1.16 is 23.7% below this industry median. Based on the distribution chart, Francotyp-Postalia Holding AG ranks #285 out of 711 companies in the Business Services industry, which is above the industry midpoint. Overall, Francotyp-Postalia Holding AG has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Francotyp-Postalia Holding AG's Cyclically Adjusted PB Ratio compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Francotyp-Postalia Holding AG ranks #285 out of 711 companies for Cyclically Adjusted PB Ratio. This puts Francotyp-Postalia Holding AG in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.52. Francotyp-Postalia Holding AG's value of 1.16 is 23.7% below this benchmark. Historically, Francotyp-Postalia Holding AG's own Cyclically Adjusted PB Ratio has ranged from 1.12 to 1.26 over the past decade. While the company's 10-year median is 1.16 vs. the industry median of 1.52, Francotyp-Postalia Holding AG 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 Business Services company?
The median Cyclically Adjusted PB Ratio among Business Services companies is 1.52, based on 711 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. Francotyp-Postalia Holding AG's current Cyclically Adjusted PB Ratio of 1.16 is 23.7% 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 Francotyp-Postalia Holding AG and its competitors. For the Business Services industry, the median Cyclically Adjusted PB Ratio is 1.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Francotyp-Postalia Holding AG's current Cyclically Adjusted PB Ratio is 1.16, which is near median its own 10-year median of 1.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Francotyp-Postalia Holding AG stock overvalued right now?
Francotyp-Postalia Holding AG (HAM:FPH) has a current Cyclically Adjusted PB Ratio of 1.16. The current Cyclically Adjusted PB Ratio is 1.16, which is near median its 10-year median of 1.16 and 23.7% below the Business Services industry median of 1.52. Francotyp-Postalia Holding AG's overall GF Score™ is 32/100 with 2 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 Francotyp-Postalia Holding AG (HAM:FPH), the current Cyclically Adjusted PB Ratio is 1.16 as of Aug. 23, 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.

Francotyp-Postalia Holding AG Business Description

Address Prenzlauer Promenade 28, Berlin, BB, DEU, 13089
Francotyp-Postalia Holding AG is a company dealing with mail communication. Its business activities focus on traditional product business, which consists of the development, manufacture, and distribution of franking systems, as well as inserting machines and after-sale business. The company divided its business activities into three business units which are Mailing, Shipping & Office Solutions, Digital Business Solutions and Mail Services. The company also comprises services such as the collection of business mail and software solutions.
32GF Score

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

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