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Caledonia InvestmentsLSE:CLDN +0.26%62 Cyclically Adjusted PB Ratio is 0.73 as of Jul. 17, 2026, which is 25% below its 10-year median of 0.97. GuruFocus rates LSE:CLDN with a GF Score™ of 62/100 and a GF Value™ of £3.27 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 999 Asset Management companies, Caledonia Investments ranks better than 58.86% on this metric.
The historical rank and industry rank for Caledonia Investments's Cyclically Adjusted PB Ratio or its related term are showing as below:
LSE:CLDN'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.63 Med: 0.97 Max: 1.26
Current: 0.73
During the past 13 years, Caledonia Investments's highest Cyclically Adjusted PB Ratio was 1.26. The lowest was 0.63. And the median was 0.97.
LSE:CLDN's Cyclically Adjusted PB Ratio is ranked better than 58.86% of 999
companies
in the Asset Management industry
Industry Median: 0.85
vs LSE:CLDN: 0.73
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.
Caledonia Investments's adjusted book value per share data of for the fiscal year that ended in Mar26 was £5.755. 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 £5.25 for the trailing ten years ended in Mar26.
Shiller PE for Stocks: The True Measure of Stock Valuation
Caledonia Investments (LSE:CLDN) 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.
Caledonia Investments Cyclically Adjusted PB Ratio Related Terms
Caledonia Investments Cyclically Adjusted PB Ratio Historical Data
* Premium members only.
The historical data trend for Caledonia Investments'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.
Caledonia Investments Cyclically Adjusted PB Ratio Chart
LSE:CLDN vs BLK, BX, KKR: Cyclically Adjusted PB Ratio Comparison
For the Asset Management subindustry, Caledonia Investments'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.
Caledonia Investments Cyclically Adjusted PB Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Caledonia Investments's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Caledonia Investments's Cyclically Adjusted PB Ratio falls into.
Caledonia Investments 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.
* 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.
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 0.73 mean?
Caledonia Investments (LSE:CLDN) has a Cyclically Adjusted PB Ratio of 0.73 as of Jul. 17, 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 Caledonia Investments and its competitors. This is 25% below median its historical median of 0.97. Over the past decade, Caledonia Investments' Cyclically Adjusted PB Ratio has ranged from 0.63 to 1.26. According to the industry distribution chart, Caledonia Investments ranks #411 out of 999 companies in the Asset Management industry, placing it in the top 41.1%.
Is Caledonia Investments' Cyclically Adjusted PB Ratio too high?
Caledonia Investments' current Cyclically Adjusted PB Ratio of 0.73 is 25% below median its 10-year median of 0.97. Over the past 10 years, this metric has ranged from a low of 0.63 to a high of 1.26. The Asset Management industry median Cyclically Adjusted PB Ratio is 0.85. Caledonia Investments' value of 0.73 is 14.1% below this industry median. Based on the distribution chart, Caledonia Investments ranks #411 out of 999 companies in the Asset Management industry, which is above the industry midpoint. Overall, Caledonia Investments has a GF Score™ of 62/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Caledonia Investments' Cyclically Adjusted PB Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Caledonia Investments ranks #411 out of 999 companies for Cyclically Adjusted PB Ratio. This puts Caledonia Investments in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.85. Caledonia Investments' value of 0.73 is 14.1% below this benchmark. Historically, Caledonia Investments' own Cyclically Adjusted PB Ratio has ranged from 0.63 to 1.26 over the past decade. While the company's 10-year median is 0.97 vs. the industry median of 0.85, Caledonia Investments 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 an Asset Management company?
The median Cyclically Adjusted PB Ratio among Asset Management companies is 0.85, based on 999 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. Caledonia Investments's current Cyclically Adjusted PB Ratio of 0.73 is 14.1% 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 Caledonia Investments and its competitors. For the Asset Management industry, the median Cyclically Adjusted PB Ratio is 0.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Caledonia Investments's current Cyclically Adjusted PB Ratio is 0.73, which is 25% below median its own 10-year median of 0.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Caledonia Investments stock overvalued right now?
Based on GuruFocus' analysis, Caledonia Investments (LSE:CLDN) is currently considered Modestly Overvalued. The stock's GF Value™ is £3.27, compared to a current price of £3.82 — trading 16.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.73, which is 25% below median its 10-year median of 0.97 and 14.1% below the Asset Management industry median of 0.85. Caledonia Investments' overall GF Score™ is 62/100 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 Caledonia Investments (LSE:CLDN), the current Cyclically Adjusted PB Ratio is 0.73 as of Jul. 17, 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 Caledonia Investments (LSE:CLDN) Overvalued in 2026?
Based on GuruFocus' analysis, Caledonia Investments stock appears to be overvalued.
The current stock price of £3.82 is trading 16.8% above its estimated GF Value™ of £3.27.
GuruFocus considers Caledonia Investments to be Modestly Overvalued.
Key valuation signals for LSE:CLDN:
Cyclically Adjusted PB Ratio: 0.73 (25% below median its 10-year median of 0.97)
GF Value™: £3.27 vs. price of £3.82 (16.8% above fair value)
Industry Position: 14.1% below the Asset Management median (#411 of 999)
No single metric tells the full story. See the LSE:CLDN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Caledonia Investments PLC is an investment trust company. It invest in both listed and private markets across three pools: Public Companies, Private Capital and Funds. It has presence in United States, United Kingdom, and others. The company generates majority of Income from United States.
62GF Score
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