Foresight Enterprise VCT (LSE:FTF) Cyclically Adjusted PB Ratio: 0.56 (As of Jul. 23, 2026) — Near Median

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LSE:FTF Foresight Enterprise VCT PLC LSE:FTF
41 GF Score
Price £0.44
GF Value £0.21
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Foresight Enterprise VCT Cyclically Adjusted PB Ratio?

Foresight Enterprise VCT LSE:FTF 41 Cyclically Adjusted PB Ratio is 0.56 as of Jul. 23, 2026, which is 7% below its 10-year median of 0.60. GuruFocus rates LSE:FTF with a GF Score™ of 41/100 and a GF Value™ of £0.21 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,002 Asset Management companies, Foresight Enterprise VCT ranks better than 74.45% on this metric.

As of today (2026-07-23), Foresight Enterprise VCT's current share price is £0.436. Foresight Enterprise VCT's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was £0.78. Foresight Enterprise VCT's Cyclically Adjusted PB Ratio for today is 0.56.

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

LSE:FTF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.41   Med: 0.6   Max: 0.72
Current: 0.56

During the past 13 years, Foresight Enterprise VCT's highest Cyclically Adjusted PB Ratio was 0.72. The lowest was 0.41. And the median was 0.60.

LSE:FTF's Cyclically Adjusted PB Ratio is ranked better than
74.45% of 1002 companies
in the Asset Management industry
Industry Median: 0.85 vs LSE:FTF: 0.56

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.

Foresight Enterprise VCT's adjusted book value per share data of for the fiscal year that ended in Dec25 was £0.498. 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 £0.78 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Foresight Enterprise VCT  (LSE:FTF) 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.


Foresight Enterprise VCT Cyclically Adjusted PB Ratio Related Terms


Foresight Enterprise VCT Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Foresight Enterprise VCT'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.

Foresight Enterprise VCT Cyclically Adjusted PB Ratio Chart

Foresight Enterprise VCT Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.67 0.67 0.73 0.60 0.60

Foresight Enterprise VCT Semi-Annual Data
Sep15 Mar16 Sep16 Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 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 0.73 0.00 0.60 0.00 0.60

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

For the Asset Management subindustry, Foresight Enterprise VCT'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.


Foresight Enterprise VCT Cyclically Adjusted PB Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Foresight Enterprise VCT's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


LSE:FTF
41GF Score
Foresight Enterprise VCT PLC LSE:FTF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Foresight Enterprise VCT 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.

Foresight Enterprise VCT's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.436/0.78
=0.56

* 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.

Foresight Enterprise VCT's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Foresight Enterprise VCT'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)
=0.498/139.9000*139.9000
=0.498

Current CPI (Dec25) = 139.9000.

Foresight Enterprise VCT Annual Data

Book Value per Share CPI Adj_Book
201603 0.704 100.400 0.981
201703 0.735 102.700 1.001
201803 0.696 105.100 0.926
201903 0.678 107.000 0.886
202003 0.558 108.600 0.719
202112 0.691 114.700 0.843
202212 0.649 125.300 0.725
202312 0.656 130.500 0.703
202412 0.545 135.100 0.564
202512 0.498 139.900 0.498

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 0.56 mean?
Foresight Enterprise VCT (LSE:FTF) has a Cyclically Adjusted PB Ratio of 0.56 as of Jul. 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 Foresight Enterprise VCT and its competitors. This is near median its historical median of 0.60. Over the past decade, Foresight Enterprise VCT's Cyclically Adjusted PB Ratio has ranged from 0.41 to 0.72. According to the industry distribution chart, Foresight Enterprise VCT ranks #256 out of 1002 companies in the Asset Management industry, placing it in the top 25.5%.
Is Foresight Enterprise VCT's Cyclically Adjusted PB Ratio too high?
Foresight Enterprise VCT's current Cyclically Adjusted PB Ratio of 0.56 is near median its 10-year median of 0.60. Over the past 10 years, this metric has ranged from a low of 0.41 to a high of 0.72. The Asset Management industry median Cyclically Adjusted PB Ratio is 0.85. Foresight Enterprise VCT's value of 0.56 is 34.1% below this industry median. Based on the distribution chart, Foresight Enterprise VCT ranks #256 out of 1002 companies in the Asset Management industry, which is above the industry midpoint. Overall, Foresight Enterprise VCT has a GF Score™ of 41/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Foresight Enterprise VCT's Cyclically Adjusted PB Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Foresight Enterprise VCT ranks #256 out of 1002 companies for Cyclically Adjusted PB Ratio. This puts Foresight Enterprise VCT in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.85. Foresight Enterprise VCT's value of 0.56 is 34.1% below this benchmark. Historically, Foresight Enterprise VCT's own Cyclically Adjusted PB Ratio has ranged from 0.41 to 0.72 over the past decade. While the company's 10-year median is 0.60 vs. the industry median of 0.85, Foresight Enterprise VCT 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 1,002 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. Foresight Enterprise VCT's current Cyclically Adjusted PB Ratio of 0.56 is 34.1% 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 Foresight Enterprise VCT 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. Foresight Enterprise VCT's current Cyclically Adjusted PB Ratio is 0.56, which is near median its own 10-year median of 0.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Foresight Enterprise VCT stock overvalued right now?
Based on GuruFocus' analysis, Foresight Enterprise VCT (LSE:FTF) is currently considered Significantly Overvalued. The stock's GF Value™ is £0.21, compared to a current price of £0.44 — trading 107.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.56, which is near median its 10-year median of 0.60 and 34.1% below the Asset Management industry median of 0.85. Foresight Enterprise VCT's overall GF Score™ is 41/100 with 5 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 Foresight Enterprise VCT (LSE:FTF), the current Cyclically Adjusted PB Ratio is 0.56 as of Jul. 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.

Is Foresight Enterprise VCT (LSE:FTF) Overvalued in 2026?

Based on GuruFocus' analysis, Foresight Enterprise VCT stock appears to be overvalued. The current stock price of £0.44 is trading 107.6% above its estimated GF Value™ of £0.21. GuruFocus considers Foresight Enterprise VCT to be Significantly Overvalued.

Key valuation signals for LSE:FTF:

  • Cyclically Adjusted PB Ratio: 0.56 (near median its 10-year median of 0.60)
  • GF Value™: £0.21 vs. price of £0.44 (107.6% above fair value)
  • GF Score™: 41/100 with 5 warning signs
  • Industry Position: 34.1% below the Asset Management median (#256 of 1002)

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


Foresight Enterprise VCT Business Description

Address 32 London Bridge Street, The Shard, London, GBR, SE1 9SG
Foresight Enterprise VCT PLC is a Venture Capital Trust. The company's investment objective is to provide investors with regular dividends and capital growth from a portfolio of investments in fast-growing unquoted companies in the United Kingdom.
41GF Score

Get the complete analysis for LSE:FTF

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

£0.44
Price
£0.21
GF Value