Fortis Frontier (LSE:FORF) Cyclically Adjusted PB Ratio: 0.41 (As of Jul. 08, 2026) — 1950% Above Median


What is Fortis Frontier Cyclically Adjusted PB Ratio?

Fortis Frontier LSE:FORF Cyclically Adjusted PB Ratio is 0.41 as of Jul. 08, 2026, which is 1950% above its 10-year median of 0.02. The stock has 3 warning signs investors should review. Among 98 Diversified Financial Services companies, Fortis Frontier ranks better than 81.63% on this metric.

As of today (2026-07-08), Fortis Frontier's current share price is £0.0825. Fortis Frontier's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was £0.20. Fortis Frontier's Cyclically Adjusted PB Ratio for today is 0.41.

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

LSE:FORF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.02   Max: 0.41
Current: 0.41

During the past 13 years, Fortis Frontier's highest Cyclically Adjusted PB Ratio was 0.41. The lowest was 0.01. And the median was 0.02.

LSE:FORF's Cyclically Adjusted PB Ratio is ranked better than
81.63% of 98 companies
in the Diversified Financial Services industry
Industry Median: 1.555 vs LSE:FORF: 0.41

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.

Fortis Frontier's adjusted book value per share data of for the fiscal year that ended in Dec25 was £0.104. 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 £0.20 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fortis Frontier  (LSE:FORF) 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.


Fortis Frontier Cyclically Adjusted PB Ratio Related Terms


Fortis Frontier Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Fortis Frontier'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.

Fortis Frontier Cyclically Adjusted PB Ratio Chart

Fortis Frontier Annual Data
Trend Jan16 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 0.03 0.02 0.03 2.26 0.38

Fortis Frontier Semi-Annual Data
Dec15 Jun16 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 0.03 0.00 2.26 0.00 0.38

LSE:FORF vs XXI, CCXI, DMII: Cyclically Adjusted PB Ratio Comparison

For the Shell Companies subindustry, Fortis Frontier'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.


Fortis Frontier Cyclically Adjusted PB Ratio vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Fortis Frontier's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Fortis Frontier 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.

Fortis Frontier's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.0825/0.20
=0.41

* 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.

Fortis Frontier's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Fortis Frontier'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)
=0.104/139.9000*139.9000
=0.104

Current CPI (Dec25) = 139.9000.

Fortis Frontier Annual Data

Book Value per Share CPI Adj_Book
201601 0.264 99.900 0.370
201712 0.319 105.000 0.425
201812 0.168 107.100 0.219
201912 0.126 108.500 0.162
202012 0.030 109.400 0.038
202112 0.141 114.700 0.172
202212 0.170 125.300 0.190
202312 0.167 130.500 0.179
202412 0.134 135.100 0.139
202512 0.104 139.900 0.104

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 0.41 mean?
Fortis Frontier (LSE:FORF) has a Cyclically Adjusted PB Ratio of 0.41 as of Jul. 08, 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 Fortis Frontier and its competitors. This is 1950% above median its historical median of 0.02. Over the past decade, Fortis Frontier's Cyclically Adjusted PB Ratio has ranged from 0.01 to 0.41. According to the industry distribution chart, Fortis Frontier ranks #18 out of 98 companies in the Diversified Financial Services industry, placing it in the top 18.4%.
Is Fortis Frontier's Cyclically Adjusted PB Ratio too high?
Fortis Frontier's current Cyclically Adjusted PB Ratio of 0.41 is 1950% above median its 10-year median of 0.02. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.41. The Diversified Financial Services industry median Cyclically Adjusted PB Ratio is 1.56. Fortis Frontier's value of 0.41 is 73.6% below this industry median. Based on the distribution chart, Fortis Frontier ranks #18 out of 98 companies in the Diversified Financial Services industry, which is in the top quartile — a strong position relative to peers.
How does Fortis Frontier's Cyclically Adjusted PB Ratio compare to XXI and CCXI?
According to the Diversified Financial Services industry distribution chart, Fortis Frontier ranks #18 out of 98 companies for Cyclically Adjusted PB Ratio. This places Fortis Frontier in the top 18% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.56. Fortis Frontier's value of 0.41 is 73.6% below this benchmark. Historically, Fortis Frontier's own Cyclically Adjusted PB Ratio has ranged from 0.01 to 0.41 over the past decade. While the company's 10-year median is 0.02 vs. the industry median of 1.56, Fortis Frontier 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 Diversified Financial Services company?
The median Cyclically Adjusted PB Ratio among Diversified Financial Services companies is 1.56, based on 98 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. Fortis Frontier's current Cyclically Adjusted PB Ratio of 0.41 is 73.6% 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 Fortis Frontier and its competitors. For the Diversified Financial Services industry, the median Cyclically Adjusted PB Ratio is 1.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fortis Frontier's current Cyclically Adjusted PB Ratio is 0.41, which is 1950% above median its own 10-year median of 0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fortis Frontier stock overvalued right now?
Based on GuruFocus' analysis, Fortis Frontier (LSE:FORF) is currently considered Significantly Overvalued. The stock's GF Value™ is £0.03, compared to a current price of £0.08 — trading 175% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.41, which is 1950% above median its 10-year median of 0.02 and 73.6% below the Diversified Financial Services industry median of 1.56. 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 Fortis Frontier (LSE:FORF), the current Cyclically Adjusted PB Ratio is 0.41 as of Jul. 08, 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.

Fortis Frontier Business Description

Other Exchanges 0I10:Germany
Address c/o BPE Solicitors LLP, St James House, St James Square, Cheltenham, GBR, GL50 3PR
Fortis Frontier PLC is a cash shell company focused on maximising shareholder value.