Franklin Templeton (LTS:0RT6) Cyclically Adjusted PB Ratio: (As of Sep. 20, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

LTS:0RT6 Franklin Templeton Inc LTS:0RT6
74 GF Score
Price $32.88
GF Value $20.67
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Franklin Templeton Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Franklin Templeton  (LTS:0RT6) 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.


Franklin Templeton Cyclically Adjusted PB Ratio Related Terms


Franklin Templeton Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Franklin Templeton'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.

Franklin Templeton Cyclically Adjusted PB Ratio Chart

Franklin Templeton Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.26 0.82 0.88 0.70 0.77

Franklin Templeton Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.81 0.77 0.81 0.78 1.09

LTS:0RT6 vs CG, PS, CRBG: Cyclically Adjusted PB Ratio Comparison

For the Asset Management subindustry, Franklin Templeton'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.


Franklin Templeton Cyclically Adjusted PB Ratio vs Asset Management Industry

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

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


LTS:0RT6
74GF Score
Franklin Templeton Inc LTS:0RT6
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Franklin Templeton 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.

Franklin Templeton's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Franklin Templeton's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=28.375/333.9520*333.9520
=28.375

Current CPI (Jun. 2026) = 333.9520.

Franklin Templeton Quarterly Data

Book Value per Share CPI Adj_Book
201609 22.073 241.428 30.532
201612 23.137 241.432 32.003
201703 25.144 243.801 34.442
201706 26.052 244.955 35.517
201709 26.813 246.819 36.279
201712 25.866 246.524 35.039
201803 23.051 249.554 30.847
201806 23.099 251.989 30.612
201809 21.674 252.439 28.673
201812 21.524 251.233 28.611
201903 22.293 254.202 29.287
201906 22.559 256.143 29.412
201909 22.774 256.759 29.621
201912 23.362 256.974 30.360
202003 22.134 258.115 28.637
202006 23.654 257.797 30.642
202009 23.047 260.280 29.570
202012 23.812 260.474 30.529
202103 24.779 264.877 31.241
202106 24.824 271.696 30.512
202109 25.395 274.310 30.917
202112 26.227 278.802 31.415
202203 26.635 287.504 30.938
202206 27.649 296.311 31.161
202209 27.673 296.808 31.136
202212 29.054 296.797 32.691
202303 26.757 301.836 29.604
202306 27.232 305.109 29.806
202309 27.370 307.789 29.697
202312 27.724 306.746 30.183
202403 28.195 312.332 30.147
202406 28.543 314.175 30.340
202409 27.817 315.301 29.462
202412 29.276 315.605 30.978
202503 28.888 319.799 30.166
202506 27.847 322.561 28.830
202509 27.236 324.800 28.003
202512 27.679 324.054 28.524
202603 28.127 330.213 28.445
202606 28.375 333.952 28.375

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.

Is Franklin Templeton (LTS:0RT6) Overvalued in 2026?

Based on GuruFocus' analysis, Franklin Templeton stock appears to be overvalued. The current stock price of $32.88 is trading 59.1% above its estimated GF Value™ of $20.67. GuruFocus considers Franklin Templeton to be Significantly Overvalued.

Key valuation signals for LTS:0RT6:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: $20.67 vs. price of $32.88 (59.1% above fair value)
  • GF Score™: 74/100 with 9 warning signs

No single metric tells the full story. See the LTS:0RT6 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Franklin Templeton Business Description

Address One Franklin Parkway, San Mateo, CA, USA, 94403
Franklin Resources provides investment services for individual and institutional investors. At the end of May 2026, Franklin had $1.780 trillion in managed assets, composed primarily of equity (40%), fixed-income (26%), multi-asset/balanced (12%) funds, alternatives (17%), and money market funds (5%). Distribution tends to be weighted between retail investors (57% of assets under management) and institutional accounts (40%), with high-net-worth clients accounting for the remainder. Franklin is one of the more global of the US-based asset managers we cover, with 30% of its AUM invested in global/international strategies and 29% sourced from clients domiciled outside the United States.
74GF Score

Get the complete analysis for LTS:0RT6

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

$32.88
Price
$20.67
GF Value