Feedback (LSE:FDBK) Cyclically Adjusted PB Ratio: 0.09 (As of Jul. 26, 2026) — 92% Below Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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What is Feedback Cyclically Adjusted PB Ratio?

Feedback LSE:FDBK Cyclically Adjusted PB Ratio is 0.09 as of Jul. 26, 2026, which is 92% below its 10-year median of 1.18. The stock has 4 warning signs investors should review. Among 356 Healthcare Providers & Services companies, Feedback ranks better than 97.47% on this metric.

As of today (2026-07-26), Feedback's current share price is £0.0615. Feedback's Cyclically Adjusted Book per Share for the fiscal year that ended in May25 was £0.66. Feedback's Cyclically Adjusted PB Ratio for today is 0.09.

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

LSE:FDBK' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.09   Med: 1.18   Max: 2.63
Current: 0.09

During the past 13 years, Feedback's highest Cyclically Adjusted PB Ratio was 2.63. The lowest was 0.09. And the median was 1.18.

LSE:FDBK's Cyclically Adjusted PB Ratio is ranked better than
97.47% of 356 companies
in the Healthcare Providers & Services industry
Industry Median: 1.83 vs LSE:FDBK: 0.09

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.

Feedback's adjusted book value per share data of for the fiscal year that ended in May25 was £0.141. 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 £0.66 for the trailing ten years ended in May25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Feedback  (LSE:FDBK) 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.


Feedback Cyclically Adjusted PB Ratio Related Terms


Feedback Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Feedback'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.

Feedback Cyclically Adjusted PB Ratio Chart

Feedback Annual Data
Trend May16 May17 May18 May19 May20 May21 May22 May23 May24 May25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.75 1.70 1.59 1.12 0.22

Feedback Semi-Annual Data
May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25
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 1.12 0.00 0.22 0.00

LSE:FDBK vs VEEV, BTSG, TEM: Cyclically Adjusted PB Ratio Comparison

For the Health Information Services subindustry, Feedback'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.


Feedback Cyclically Adjusted PB Ratio vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Feedback's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Feedback 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.

Feedback's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.0615/0.66
=0.09

* 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.

Feedback's Cyclically Adjusted Book per Share for the fiscal year that ended in May25 is calculated as:

For example, Feedback's adjusted Book Value per Share data for the fiscal year that ended in May25 was:

Adj_Book=Book Value per Share/CPI of May25 (Change)*Current CPI (May25)
=0.141/138.0000*138.0000
=0.141

Current CPI (May25) = 138.0000.

Feedback Annual Data

Book Value per Share CPI Adj_Book
201605 0.127 100.800 0.174
201705 0.459 103.500 0.612
201805 0.257 105.900 0.335
201905 0.503 107.900 0.643
202005 0.650 108.600 0.826
202105 0.988 111.000 1.228
202205 1.028 119.700 1.185
202305 0.815 129.100 0.871
202405 0.573 132.700 0.596
202505 0.141 138.000 0.141

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 0.09 mean?
Feedback (LSE:FDBK) has a Cyclically Adjusted PB Ratio of 0.09 as of Jul. 26, 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 Feedback and its competitors. This is 92% below median its historical median of 1.18. Over the past decade, Feedback's Cyclically Adjusted PB Ratio has ranged from 0.09 to 2.63. According to the industry distribution chart, Feedback ranks #9 out of 356 companies in the Healthcare Providers & Services industry, placing it in the top 2.5%.
Is Feedback's Cyclically Adjusted PB Ratio too high?
Feedback's current Cyclically Adjusted PB Ratio of 0.09 is 92% below median its 10-year median of 1.18. Over the past 10 years, this metric has ranged from a low of 0.09 to a high of 2.63. The Healthcare Providers & Services industry median Cyclically Adjusted PB Ratio is 1.83. Feedback's value of 0.09 is 95.1% below this industry median. Based on the distribution chart, Feedback ranks #9 out of 356 companies in the Healthcare Providers & Services industry, which is in the top quartile — a strong position relative to peers.
How does Feedback's Cyclically Adjusted PB Ratio compare to VEEV and BTSG?
According to the Healthcare Providers & Services industry distribution chart, Feedback ranks #9 out of 356 companies for Cyclically Adjusted PB Ratio. This places Feedback in the top 3% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.83. Feedback's value of 0.09 is 95.1% below this benchmark. Historically, Feedback's own Cyclically Adjusted PB Ratio has ranged from 0.09 to 2.63 over the past decade. While the company's 10-year median is 1.18 vs. the industry median of 1.83, Feedback 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 Healthcare Providers & Services company?
The median Cyclically Adjusted PB Ratio among Healthcare Providers & Services companies is 1.83, based on 356 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. Feedback's current Cyclically Adjusted PB Ratio of 0.09 is 95.1% 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 Feedback and its competitors. For the Healthcare Providers & Services industry, the median Cyclically Adjusted PB Ratio is 1.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Feedback's current Cyclically Adjusted PB Ratio is 0.09, which is 92% below median its own 10-year median of 1.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Feedback stock overvalued right now?
Based on GuruFocus' analysis, Feedback (LSE:FDBK) is currently considered Possible Value Trap. The stock's GF Value™ is £0.14, compared to a current price of £0.06 — trading 56.1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.09, which is 92% below median its 10-year median of 1.18 and 95.1% below the Healthcare Providers & Services industry median of 1.83. 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 Feedback (LSE:FDBK), the current Cyclically Adjusted PB Ratio is 0.09 as of Jul. 26, 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.

Feedback Business Description

Other Exchanges GZM0:Germany
Address 3-7 Temple Avenue, 201 Temple Chambers, London, GBR, EC4Y 0DT
Feedback PLC is a medical imaging software and tools company. It develops and markets imaging tools and software for clinical decision-making, and also techniques and improved workflow for medical practitioners engaged in research and in treating patients. Its operating segments include Medical Imaging and Feedback Medical Imaging India. Its products include Bleepa, a regulated communication platform for sharing clinical results and supporting multidisciplinary teamwork, and CareLocker, a patient-facing platform that provides access and control over diagnostic and clinical data.