FactSet Research Systems (MIL:1FDS) Cyclically Adjusted PB Ratio: 7.54 (As of Jul. 24, 2026) — 57% Below Median

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MIL:1FDS FactSet Research Systems Inc MIL:1FDS
71 GF Score
Price €224.90
GF Value €425.88
Valuation Significantly Undervalued
! 1 Warning Sign
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What is FactSet Research Systems Cyclically Adjusted PB Ratio?

FactSet Research Systems MIL:1FDS 71 Cyclically Adjusted PB Ratio is 7.54 as of Jul. 24, 2026, which is 57% below its 10-year median of 17.44. GuruFocus rates MIL:1FDS with a GF Score™ of 71/100 and a GF Value™ of €425.88 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 629 Capital Markets companies, FactSet Research Systems ranks worse than 89.51% on this metric.

As of today (2026-07-24), FactSet Research Systems's current share price is €224.90. FactSet Research Systems's Cyclically Adjusted Book per Share for the quarter that ended in May. 2026 was €29.82. FactSet Research Systems's Cyclically Adjusted PB Ratio for today is 7.54.

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

MIL:1FDS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 5.79   Med: 17.44   Max: 27.38
Current: 6.76

During the past years, FactSet Research Systems's highest Cyclically Adjusted PB Ratio was 27.38. The lowest was 5.79. And the median was 17.44.

MIL:1FDS's Cyclically Adjusted PB Ratio is ranked worse than
89.51% of 629 companies
in the Capital Markets industry
Industry Median: 1.32 vs MIL:1FDS: 6.76

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.

FactSet Research Systems's adjusted book value per share data for the three months ended in May. 2026 was €48.625. 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 €29.82 for the trailing ten years ended in May. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


FactSet Research Systems  (MIL:1FDS) 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.


FactSet Research Systems Cyclically Adjusted PB Ratio Related Terms


FactSet Research Systems Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for FactSet Research Systems'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.

FactSet Research Systems Cyclically Adjusted PB Ratio Chart

FactSet Research Systems Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.22 21.38 18.55 15.47 11.67

FactSet Research Systems Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 14.91 11.67 8.40 6.32 6.80

MIL:1FDS vs MORN, TRU, OTCM: Cyclically Adjusted PB Ratio Comparison

For the Financial Data & Stock Exchanges subindustry, FactSet Research Systems'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.


FactSet Research Systems Cyclically Adjusted PB Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, FactSet Research Systems's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where FactSet Research Systems's Cyclically Adjusted PB Ratio falls into.


MIL:1FDS
71GF Score
FactSet Research Systems Inc MIL:1FDS
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

FactSet Research Systems 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.

FactSet Research Systems's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=224.90/29.82
=7.54

* 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.

FactSet Research Systems's Cyclically Adjusted Book per Share for the quarter that ended in May. 2026 is calculated as:

For example, FactSet Research Systems's adjusted Book Value per Share data for the three months ended in May. 2026 was:

Adj_Book=Book Value per Share/CPI of May. 2026 (Change)*Current CPI (May. 2026)
=48.625/335.1230*335.1230
=48.625

Current CPI (May. 2026) = 335.1230.

FactSet Research Systems Quarterly Data

Book Value per Share CPI Adj_Book
201608 11.527 240.849 16.039
201611 11.600 241.353 16.107
201702 11.749 243.603 16.163
201705 12.180 244.733 16.679
201708 12.148 245.519 16.582
201711 13.468 246.669 18.298
201802 12.736 248.991 17.142
201805 11.799 251.588 15.717
201808 11.924 252.146 15.848
201811 12.507 252.038 16.630
201902 13.863 252.776 18.379
201905 15.308 256.092 20.032
201908 15.855 256.558 20.710
201911 16.519 257.208 21.523
202002 17.366 258.678 22.498
202005 19.182 256.394 25.072
202008 19.917 259.918 25.680
202011 21.203 260.229 27.305
202102 21.425 263.014 27.299
202105 22.471 269.195 27.974
202108 22.967 273.567 28.135
202111 25.485 277.948 30.727
202202 28.278 283.716 33.402
202205 31.584 292.296 36.212
202208 34.541 296.171 39.084
202211 37.843 297.711 42.599
202302 39.178 300.840 43.643
202305 40.185 304.127 44.281
202308 39.066 307.026 42.641
202311 41.290 307.051 45.065
202402 43.812 310.326 47.313
202405 45.937 314.069 49.016
202408 45.705 314.796 48.656
202411 49.305 315.493 52.373
202502 51.977 319.082 54.590
202505 50.494 321.465 52.639
202508 49.889 323.976 51.606
202511 50.350 324.122 52.059
202602 49.159 326.785 50.413
202605 48.625 335.123 48.625

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 7.54 mean?
FactSet Research Systems (MIL:1FDS) has a Cyclically Adjusted PB Ratio of 7.54 as of Jul. 24, 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 FactSet Research Systems and its competitors. This is 57% below median its historical median of 17.44. Over the past decade, FactSet Research Systems' Cyclically Adjusted PB Ratio has ranged from 5.79 to 27.38. According to the industry distribution chart, FactSet Research Systems ranks #563 out of 629 companies in the Capital Markets industry, placing it in the top 89.5%.
Is FactSet Research Systems' Cyclically Adjusted PB Ratio too high?
FactSet Research Systems' current Cyclically Adjusted PB Ratio of 7.54 is 57% below median its 10-year median of 17.44. Over the past 10 years, this metric has ranged from a low of 5.79 to a high of 27.38. The Capital Markets industry median Cyclically Adjusted PB Ratio is 1.32. FactSet Research Systems' value of 7.54 is 471.2% above this industry median. Based on the distribution chart, FactSet Research Systems ranks #563 out of 629 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, FactSet Research Systems has a GF Score™ of 71/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does FactSet Research Systems' Cyclically Adjusted PB Ratio compare to MORN and TRU?
According to the Capital Markets industry distribution chart, FactSet Research Systems ranks #563 out of 629 companies for Cyclically Adjusted PB Ratio. This places FactSet Research Systems in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.32. FactSet Research Systems' value of 7.54 is 471.2% above this benchmark. Historically, FactSet Research Systems' own Cyclically Adjusted PB Ratio has ranged from 5.79 to 27.38 over the past decade. While the company's 10-year median is 17.44 vs. the industry median of 1.32, FactSet Research Systems 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 a Capital Markets company?
The median Cyclically Adjusted PB Ratio among Capital Markets companies is 1.32, based on 629 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. FactSet Research Systems's current Cyclically Adjusted PB Ratio of 7.54 is 471.2% 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 FactSet Research Systems and its competitors. For the Capital Markets industry, the median Cyclically Adjusted PB Ratio is 1.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FactSet Research Systems's current Cyclically Adjusted PB Ratio is 7.54, which is 57% below median its own 10-year median of 17.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FactSet Research Systems stock overvalued right now?
Based on GuruFocus' analysis, FactSet Research Systems (MIL:1FDS) is currently considered Significantly Undervalued. The stock's GF Value™ is €425.88, compared to a current price of €224.90 — trading 47.2% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 7.54, which is 57% below median its 10-year median of 17.44 and 471.2% above the Capital Markets industry median of 1.32. FactSet Research Systems' overall GF Score™ is 71/100 with 1 warning sign 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 FactSet Research Systems (MIL:1FDS), the current Cyclically Adjusted PB Ratio is 7.54 as of Jul. 24, 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 FactSet Research Systems (MIL:1FDS) Overvalued in 2026?

Based on GuruFocus' analysis, FactSet Research Systems stock appears to be undervalued. The current stock price of €224.90 is trading 47.2% below its estimated GF Value™ of €425.88. GuruFocus considers FactSet Research Systems to be Significantly Undervalued.

Key valuation signals for MIL:1FDS:

  • Cyclically Adjusted PB Ratio: 7.54 (57% below median its 10-year median of 17.44)
  • GF Value™: €425.88 vs. price of €224.90 (47.2% below fair value)
  • GF Score™: 71/100 with 1 warning sign
  • Industry Position: 471.2% above the Capital Markets median (#563 of 629)

No single metric tells the full story. See the MIL:1FDS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


FactSet Research Systems Business Description

Address 45 Glover Avenue, 7th Floor, Norwalk, CT, USA, 06850
FactSet provides financial data and portfolio analytics to the global investment community. The company aggregates data from third-party data suppliers, news sources, exchanges, brokerages, and contributors into its workstations. In addition, it provides essential portfolio analytics that companies use to monitor portfolios and address reporting requirements. Buy-side clients (including wealth and corporate clients) account for over 80% of FactSet's annual subscription value. In 2015, the company acquired Portware, a provider of trade execution software. In 2017, it acquired BISAM, a risk management and performance measurement provider. In 2022, it completed its purchase of CUSIP Global Services.
71GF Score

Get the complete analysis for MIL:1FDS

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

€224.90
Price
€425.88
GF Value