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Halfords GroupLSE:HFD -1.84%69 Cyclically Adjusted PB Ratio is 0.90 as of Jul. 18, 2026, which is 6% below its 10-year median of 0.96. GuruFocus rates LSE:HFD with a GF Score™ of 69/100 and a GF Value™ of £1.59 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 810 Retail - Cyclical companies, Halfords Group ranks better than 60.49% on this metric.
The historical rank and industry rank for Halfords Group's Cyclically Adjusted PB Ratio or its related term are showing as below:
LSE:HFD'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.34 Med: 0.96 Max: 2.48
Current: 0.9
During the past 13 years, Halfords Group's highest Cyclically Adjusted PB Ratio was 2.48. The lowest was 0.34. And the median was 0.96.
LSE:HFD's Cyclically Adjusted PB Ratio is ranked better than 60.49% of 810
companies
in the Retail - Cyclical industry
Industry Median: 1.255
vs LSE:HFD: 0.90
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.
Halfords Group's adjusted book value per share data of for the fiscal year that ended in Mar26 was £2.357. 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 £2.67 for the trailing ten years ended in Mar26.
Shiller PE for Stocks: The True Measure of Stock Valuation
Halfords Group (LSE:HFD) 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.
Halfords Group Cyclically Adjusted PB Ratio Related Terms
Halfords Group Cyclically Adjusted PB Ratio Historical Data
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The historical data trend for Halfords 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.
LSE:HFD vs CASY, WSM, DKS: Cyclically Adjusted PB Ratio Comparison
For the Specialty Retail subindustry, Halfords 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.
Halfords Group Cyclically Adjusted PB Ratio vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Halfords Group's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Halfords Group's Cyclically Adjusted PB Ratio falls into.
Halfords 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.
Halfords Group's Cyclically Adjusted PB Ratio for today is calculated as
* 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 0.90 mean?
Halfords Group (LSE:HFD) has a Cyclically Adjusted PB Ratio of 0.90 as of Jul. 18, 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 Halfords Group and its competitors. This is near median its historical median of 0.96. Over the past decade, Halfords Group's Cyclically Adjusted PB Ratio has ranged from 0.34 to 2.48. According to the industry distribution chart, Halfords Group ranks #320 out of 810 companies in the Retail - Cyclical industry, placing it in the top 39.5%.
Is Halfords Group's Cyclically Adjusted PB Ratio too high?
Halfords Group's current Cyclically Adjusted PB Ratio of 0.90 is near median its 10-year median of 0.96. Over the past 10 years, this metric has ranged from a low of 0.34 to a high of 2.48. The Retail - Cyclical industry median Cyclically Adjusted PB Ratio is 1.26. Halfords Group's value of 0.90 is 28.3% below this industry median. Based on the distribution chart, Halfords Group ranks #320 out of 810 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Halfords Group has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Halfords Group's Cyclically Adjusted PB Ratio compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Halfords Group ranks #320 out of 810 companies for Cyclically Adjusted PB Ratio. This puts Halfords Group in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.26. Halfords Group's value of 0.90 is 28.3% below this benchmark. Historically, Halfords Group's own Cyclically Adjusted PB Ratio has ranged from 0.34 to 2.48 over the past decade. While the company's 10-year median is 0.96 vs. the industry median of 1.26, Halfords Group 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 Retail - Cyclical company?
The median Cyclically Adjusted PB Ratio among Retail - Cyclical companies is 1.26, based on 810 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. Halfords Group's current Cyclically Adjusted PB Ratio of 0.90 is 28.3% 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 Halfords Group and its competitors. For the Retail - Cyclical industry, the median Cyclically Adjusted PB Ratio is 1.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Halfords Group's current Cyclically Adjusted PB Ratio is 0.90, which is near median its own 10-year median of 0.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Halfords Group stock overvalued right now?
Based on GuruFocus' analysis, Halfords Group (LSE:HFD) is currently considered Significantly Overvalued. The stock's GF Value™ is £1.59, compared to a current price of £2.40 — trading 50.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.90, which is near median its 10-year median of 0.96 and 28.3% below the Retail - Cyclical industry median of 1.26. Halfords Group's overall GF Score™ is 69/100 with 8 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 Halfords Group (LSE:HFD), the current Cyclically Adjusted PB Ratio is 0.90 as of Jul. 18, 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 Halfords Group (LSE:HFD) Overvalued in 2026?
Based on GuruFocus' analysis, Halfords Group stock appears to be overvalued.
The current stock price of £2.40 is trading 50.6% above its estimated GF Value™ of £1.59.
GuruFocus considers Halfords Group to be Significantly Overvalued.
Key valuation signals for LSE:HFD:
Cyclically Adjusted PB Ratio: 0.90 (near median its 10-year median of 0.96)
GF Value™: £1.59 vs. price of £2.40 (50.6% above fair value)
Industry Position: 28.3% below the Retail - Cyclical median (#320 of 810)
No single metric tells the full story. See the LSE:HFD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Halfords Group PLC is a retailer of automotive and cycling products. The company also provides vehicle servicing, maintenance, and repairs through garages and mobile vans. It is also engaged in the provision of software as a service. The company operates retail stores and auto centers in the United Kingdom and Ireland, and it participates in online retail as well. The business is divided into two segments: Retail and Autocentres. The Retail segment which derives maximum revenue, operates retail outlets for its automotive, leisure, and cycling products. The Autocentres segment operates centers for car servicing and repair in the U.K. Halfords' key cycling brands include Apollo, Carrera, and Boardman, but the company offers third-party bike brands as well.
69GF Score
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