Franklin Templeton (MEX:BEN) Cyclically Adjusted PB Ratio: 1.65 (As of Aug. 26, 2026) — 29% Above Median

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MEX:BEN Franklin Templeton Inc MEX:BEN
58 GF Score
Price MXN569.00
GF Value MXN283.86
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is Franklin Templeton Cyclically Adjusted PB Ratio?

Franklin Templeton MEX:BEN 58 Cyclically Adjusted PB Ratio is 1.65 as of Aug. 26, 2026, which is 29% above its 10-year median of 1.28. GuruFocus rates MEX:BEN with a GF Score™ of 58/100 and a GF Value™ of MXN283.86 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 983 Asset Management companies, Franklin Templeton ranks worse than 73.04% on this metric.

As of today (2026-08-26), Franklin Templeton's current share price is MXN569.00. Franklin Templeton's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was MXN344.79. Franklin Templeton's Cyclically Adjusted PB Ratio for today is 1.65.

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

MEX:BEN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.68   Med: 1.28   Max: 2.95
Current: 1.32

During the past years, Franklin Templeton's highest Cyclically Adjusted PB Ratio was 2.95. The lowest was 0.68. And the median was 1.28.

MEX:BEN's Cyclically Adjusted PB Ratio is ranked worse than
73.04% of 983 companies
in the Asset Management industry
Industry Median: 0.85 vs MEX:BEN: 1.32

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.

Franklin Templeton's adjusted book value per share data for the three months ended in Jun. 2026 was MXN403.580. 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 MXN344.79 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Franklin Templeton  (MEX:BEN) 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 1.41 0.92 1.00 0.79 0.89

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 0.93 0.89 0.93 0.91 1.27

MEX:BEN vs CG, CRBG, PS: 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.


MEX:BEN
58GF Score
Franklin Templeton Inc MEX:BEN
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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 PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=569.00/344.79
=1.65

* 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'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)
=403.58/333.9520*333.9520
=403.580

Current CPI (Jun. 2026) = 333.9520.

Franklin Templeton Quarterly Data

Book Value per Share CPI Adj_Book
201609 404.640 241.428 559.713
201612 436.071 241.432 603.179
201703 408.468 243.801 559.508
201706 401.718 244.955 547.670
201709 412.763 246.819 558.478
201712 418.032 246.524 566.284
201803 337.342 249.554 451.429
201806 366.302 251.989 485.447
201809 356.687 252.439 471.862
201812 374.111 251.233 497.288
201903 377.626 254.202 496.097
201906 377.647 256.143 492.365
201909 391.694 256.759 509.454
201912 382.112 256.974 496.576
202003 468.851 258.115 606.605
202006 471.249 257.797 610.459
202009 451.286 260.280 579.022
202012 409.309 260.474 524.772
202103 428.136 264.877 539.786
202106 430.492 271.696 529.134
202109 459.888 274.310 559.879
202112 471.616 278.802 564.907
202203 459.230 287.504 533.421
202206 466.005 296.311 525.203
202209 462.016 296.808 519.835
202212 454.650 296.797 511.566
202303 425.760 301.836 471.062
202306 410.484 305.109 449.288
202309 418.559 307.789 454.138
202312 411.773 306.746 448.294
202403 405.648 312.332 433.727
202406 451.640 314.175 480.070
202409 470.377 315.301 498.201
202412 496.034 315.605 524.870
202503 480.729 319.799 502.004
202506 443.289 322.561 458.943
202509 425.294 324.800 437.278
202512 420.207 324.054 433.042
202603 420.739 330.213 425.503
202606 403.580 333.952 403.580

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 1.65 mean?
Franklin Templeton (MEX:BEN) has a Cyclically Adjusted PB Ratio of 1.65 as of Aug. 26, 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 Franklin Templeton and its competitors. This is 29% above median its historical median of 1.28. Over the past decade, Franklin Templeton's Cyclically Adjusted PB Ratio has ranged from 0.68 to 2.95. According to the industry distribution chart, Franklin Templeton ranks #718 out of 983 companies in the Asset Management industry, placing it in the top 73%.
Is Franklin Templeton's Cyclically Adjusted PB Ratio too high?
Franklin Templeton's current Cyclically Adjusted PB Ratio of 1.65 is 29% above median its 10-year median of 1.28. Over the past 10 years, this metric has ranged from a low of 0.68 to a high of 2.95. The Asset Management industry median Cyclically Adjusted PB Ratio is 0.85. Franklin Templeton's value of 1.65 is 94.1% above this industry median. Based on the distribution chart, Franklin Templeton ranks #718 out of 983 companies in the Asset Management industry, which is below the industry midpoint. Overall, Franklin Templeton has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Franklin Templeton's Cyclically Adjusted PB Ratio compare to CG and CRBG?
According to the Asset Management industry distribution chart, Franklin Templeton ranks #718 out of 983 companies for Cyclically Adjusted PB Ratio. This places Franklin Templeton in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.85. Franklin Templeton's value of 1.65 is 94.1% above this benchmark. Historically, Franklin Templeton's own Cyclically Adjusted PB Ratio has ranged from 0.68 to 2.95 over the past decade. While the company's 10-year median is 1.28 vs. the industry median of 0.85, Franklin Templeton 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 983 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. Franklin Templeton's current Cyclically Adjusted PB Ratio of 1.65 is 94.1% 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 Franklin Templeton 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. Franklin Templeton's current Cyclically Adjusted PB Ratio is 1.65, which is 29% above median its own 10-year median of 1.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Franklin Templeton stock overvalued right now?
Based on GuruFocus' analysis, Franklin Templeton (MEX:BEN) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN283.86, compared to a current price of MXN569.00 — trading 100.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.65, which is 29% above median its 10-year median of 1.28 and 94.1% above the Asset Management industry median of 0.85. Franklin Templeton's overall GF Score™ is 58/100 with 9 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 Franklin Templeton (MEX:BEN), the current Cyclically Adjusted PB Ratio is 1.65 as of Aug. 26, 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 Franklin Templeton (MEX:BEN) Overvalued in 2026?

Based on GuruFocus' analysis, Franklin Templeton stock appears to be overvalued. The current stock price of MXN569.00 is trading 100.5% above its estimated GF Value™ of MXN283.86. GuruFocus considers Franklin Templeton to be Significantly Overvalued.

Key valuation signals for MEX:BEN:

  • Cyclically Adjusted PB Ratio: 1.65 (29% above median its 10-year median of 1.28)
  • GF Value™: MXN283.86 vs. price of MXN569.00 (100.5% above fair value)
  • GF Score™: 58/100 with 9 warning signs
  • Industry Position: 94.1% above the Asset Management median (#718 of 983)

No single metric tells the full story. See the MEX:BEN 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.
58GF Score

Get the complete analysis for MEX:BEN

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

MXN569.00
Price
MXN283.86
GF Value