Frenkel Topping Group (LSE:FEN) Cyclically Adjusted PB Ratio: 1.72 (As of Jul. 24, 2026) — 39% Below Median

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LSE:FEN Frenkel Topping Group PLC LSE:FEN
66 GF Score
Price £0.50
GF Value £0.60
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Frenkel Topping Group Cyclically Adjusted PB Ratio?

Frenkel Topping Group LSE:FEN 66 Cyclically Adjusted PB Ratio is 1.72 as of Jul. 24, 2026, which is 39% below its 10-year median of 2.80. GuruFocus rates LSE:FEN with a GF Score™ of 66/100 and a GF Value™ of £0.60 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,000 Asset Management companies, Frenkel Topping Group ranks worse than 81.3% on this metric.

As of today (2026-07-24), Frenkel Topping Group's current share price is £0.50. Frenkel Topping Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was £0.29. Frenkel Topping Group's Cyclically Adjusted PB Ratio for today is 1.72.

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

LSE:FEN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.09   Med: 2.8   Max: 5.77
Current: 1.73

During the past 13 years, Frenkel Topping Group's highest Cyclically Adjusted PB Ratio was 5.77. The lowest was 1.09. And the median was 2.80.

LSE:FEN's Cyclically Adjusted PB Ratio is ranked worse than
81.3% of 1000 companies
in the Asset Management industry
Industry Median: 0.85 vs LSE:FEN: 1.73

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.

Frenkel Topping Group's adjusted book value per share data of for the fiscal year that ended in Dec25 was £0.349. 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 £0.29 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Frenkel Topping Group  (LSE:FEN) 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.


Frenkel Topping Group Cyclically Adjusted PB Ratio Related Terms


Frenkel Topping Group Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Frenkel Topping Group'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.

Frenkel Topping Group Cyclically Adjusted PB Ratio Chart

Frenkel Topping Group 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 4.16 3.36 2.35 1.57 1.67

Frenkel Topping Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 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 2.35 0.00 1.57 0.00 1.67

LSE:FEN vs BLK, BX, KKR: Cyclically Adjusted PB Ratio Comparison

For the Asset Management subindustry, Frenkel Topping Group'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.


Frenkel Topping Group Cyclically Adjusted PB Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Frenkel Topping Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


LSE:FEN
66GF Score
Frenkel Topping Group PLC LSE:FEN
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Frenkel Topping Group 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.

Frenkel Topping Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.50/0.29
=1.72

* 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.

Frenkel Topping Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Frenkel Topping Group's adjusted Book Value per Share data for the fiscal year that ended in Dec25 was:

Adj_Book=Book Value per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=0.349/139.9000*139.9000
=0.349

Current CPI (Dec25) = 139.9000.

Frenkel Topping Group Annual Data

Book Value per Share CPI Adj_Book
201612 0.187 102.200 0.256
201712 0.155 105.000 0.207
201812 0.158 107.100 0.206
201912 0.162 108.500 0.209
202012 0.231 109.400 0.295
202112 0.259 114.700 0.316
202212 0.312 125.300 0.348
202312 0.334 130.500 0.358
202412 0.341 135.100 0.353
202512 0.349 139.900 0.349

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 1.72 mean?
Frenkel Topping Group (LSE:FEN) has a Cyclically Adjusted PB Ratio of 1.72 as of Jul. 24, 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 Frenkel Topping Group and its competitors. This is 39% below median its historical median of 2.80. Over the past decade, Frenkel Topping Group's Cyclically Adjusted PB Ratio has ranged from 1.09 to 5.77. According to the industry distribution chart, Frenkel Topping Group ranks #813 out of 1000 companies in the Asset Management industry, placing it in the top 81.3%.
Is Frenkel Topping Group's Cyclically Adjusted PB Ratio too high?
Frenkel Topping Group's current Cyclically Adjusted PB Ratio of 1.72 is 39% below median its 10-year median of 2.80. Over the past 10 years, this metric has ranged from a low of 1.09 to a high of 5.77. The Asset Management industry median Cyclically Adjusted PB Ratio is 0.85. Frenkel Topping Group's value of 1.72 is 102.4% above this industry median. Based on the distribution chart, Frenkel Topping Group ranks #813 out of 1000 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Frenkel Topping Group has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Frenkel Topping Group's Cyclically Adjusted PB Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Frenkel Topping Group ranks #813 out of 1000 companies for Cyclically Adjusted PB Ratio. This places Frenkel Topping Group in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.85. Frenkel Topping Group's value of 1.72 is 102.4% above this benchmark. Historically, Frenkel Topping Group's own Cyclically Adjusted PB Ratio has ranged from 1.09 to 5.77 over the past decade. While the company's 10-year median is 2.80 vs. the industry median of 0.85, Frenkel Topping Group has consistently been above 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 1,000 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. Frenkel Topping Group's current Cyclically Adjusted PB Ratio of 1.72 is 102.4% above 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 Frenkel Topping Group 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. Frenkel Topping Group's current Cyclically Adjusted PB Ratio is 1.72, which is 39% below median its own 10-year median of 2.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Frenkel Topping Group stock overvalued right now?
Based on GuruFocus' analysis, Frenkel Topping Group (LSE:FEN) is currently considered Modestly Undervalued. The stock's GF Value™ is £0.60, compared to a current price of £0.50 — trading 16.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.72, which is 39% below median its 10-year median of 2.80 and 102.4% above the Asset Management industry median of 0.85. Frenkel Topping Group's overall GF Score™ is 66/100 with 6 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 Frenkel Topping Group (LSE:FEN), the current Cyclically Adjusted PB Ratio is 1.72 as of Jul. 24, 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 Frenkel Topping Group (LSE:FEN) Overvalued in 2026?

Based on GuruFocus' analysis, Frenkel Topping Group stock appears to be undervalued. The current stock price of £0.50 is trading 16.7% below its estimated GF Value™ of £0.60. GuruFocus considers Frenkel Topping Group to be Modestly Undervalued.

Key valuation signals for LSE:FEN:

  • Cyclically Adjusted PB Ratio: 1.72 (39% below median its 10-year median of 2.80)
  • GF Value™: £0.60 vs. price of £0.50 (16.7% below fair value)
  • GF Score™: 66/100 with 6 warning signs
  • Industry Position: 102.4% above the Asset Management median (#813 of 1000)

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


Frenkel Topping Group Business Description

Address 15 Carolina Way, Frenkel House, Salford, Manchester, GBR, M50 2ZY
Frenkel Topping Group PLC is a part of the financial services domain in the United Kingdom. Its business involves the provision of specialist independent financial advice and wealth management focused on asset protection. The operating segment includes financial services, Costs Law, Other Professional Services and Central Services. Its primary objective is to grow the assets under management. The company derives revenue mainly from its activities in the United Kingdom.
66GF Score

Get the complete analysis for LSE:FEN

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

£0.50
Price
£0.60
GF Value