RTBBF (Rathbones Group) Cyclically Adjusted PB Ratio: 1.80 (As of Jul. 15, 2026) — 27% Below Median

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RTBBF Rathbones Group PLC RTBBF
74 GF Score
Price $27.75
GF Value $32.23
! 1 Warning Sign
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What is Rathbones Group Cyclically Adjusted PB Ratio?

Rathbones Group RTBBF +8.36% 74 Cyclically Adjusted PB Ratio is 1.80 as of Jul. 15, 2026, which is 27% below its 10-year median of 2.45. GuruFocus rates RTBBF with a GF Score™ of 74/100 and a GF Value™ of $32.23. The stock has 1 warning sign investors should review. Among 1,000 Asset Management companies, Rathbones Group ranks worse than 76.1% on this metric.

As of today (2026-07-15), Rathbones Group's current share price is $27.75. Rathbones Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was $15.39. Rathbones Group's Cyclically Adjusted PB Ratio for today is 1.80.

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

RTBBF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.3   Med: 2.45   Max: 5.18
Current: 1.43

During the past 13 years, Rathbones Group's highest Cyclically Adjusted PB Ratio was 5.18. The lowest was 1.30. And the median was 2.45.

RTBBF's Cyclically Adjusted PB Ratio is ranked worse than
76.1% of 1000 companies
in the Asset Management industry
Industry Median: 0.85 vs RTBBF: 1.43

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.

Rathbones Group's adjusted book value per share data of for the fiscal year that ended in Dec25 was $17.499. 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 $15.39 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Rathbones Group  (OTCPK:RTBBF) 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.


Rathbones Group Cyclically Adjusted PB Ratio Related Terms


Rathbones Group Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Rathbones 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.

Rathbones Group Cyclically Adjusted PB Ratio Chart

Rathbones Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.53 2.28 1.76 1.54 1.66

Rathbones Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 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 1.76 0.00 1.54 0.00 1.66

RTBBF vs BLK, BX, KKR: Cyclically Adjusted PB Ratio Comparison

For the Asset Management subindustry, Rathbones 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.


Rathbones Group Cyclically Adjusted PB Ratio vs Asset Management Industry

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

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


RTBBF
74GF Score
Rathbones Group PLC RTBBF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Rathbones 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.

Rathbones Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=27.75/15.39
=1.80

* 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.

Rathbones Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Rathbones Group'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)
=17.499/139.9000*139.9000
=17.499

Current CPI (Dec25) = 139.9000.

Rathbones Group Annual Data

Book Value per Share CPI Adj_Book
201612 8.002 102.200 10.954
201712 9.492 105.000 12.647
201812 10.642 107.100 13.901
201912 11.491 108.500 14.817
202012 12.014 109.400 15.363
202112 13.368 114.700 16.305
202212 12.197 125.300 13.618
202312 16.494 130.500 17.682
202412 16.611 135.100 17.201
202512 17.499 139.900 17.499

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 1.80 mean?
Rathbones Group (RTBBF) has a Cyclically Adjusted PB Ratio of 1.80 as of Jul. 15, 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 Rathbones Group and its competitors. This is 27% below median its historical median of 2.45. Over the past decade, Rathbones Group's Cyclically Adjusted PB Ratio has ranged from 1.30 to 5.18. According to the industry distribution chart, Rathbones Group ranks #761 out of 1000 companies in the Asset Management industry, placing it in the top 76.1%.
Is Rathbones Group's Cyclically Adjusted PB Ratio too high?
Rathbones Group's current Cyclically Adjusted PB Ratio of 1.80 is 27% below median its 10-year median of 2.45. Over the past 10 years, this metric has ranged from a low of 1.30 to a high of 5.18. The Asset Management industry median Cyclically Adjusted PB Ratio is 0.85. Rathbones Group's value of 1.80 is 111.8% above this industry median. Based on the distribution chart, Rathbones Group ranks #761 out of 1000 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Rathbones Group has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.
How does Rathbones Group's Cyclically Adjusted PB Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Rathbones Group ranks #761 out of 1000 companies for Cyclically Adjusted PB Ratio. This places Rathbones Group in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.85. Rathbones Group's value of 1.80 is 111.8% above this benchmark. Historically, Rathbones Group's own Cyclically Adjusted PB Ratio has ranged from 1.30 to 5.18 over the past decade. While the company's 10-year median is 2.45 vs. the industry median of 0.85, Rathbones Group 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 1,000 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. Rathbones Group's current Cyclically Adjusted PB Ratio of 1.80 is 111.8% 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 Rathbones Group 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. Rathbones Group's current Cyclically Adjusted PB Ratio is 1.80, which is 27% below median its own 10-year median of 2.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rathbones Group stock overvalued right now?
Rathbones Group (RTBBF) has a current Cyclically Adjusted PB Ratio of 1.80. The stock's GF Value™ is $32.23, compared to a current price of $27.75 — trading 13.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.80, which is 27% below median its 10-year median of 2.45 and 111.8% above the Asset Management industry median of 0.85. Rathbones Group's overall GF Score™ is 74/100 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 Rathbones Group (RTBBF), the current Cyclically Adjusted PB Ratio is 1.80 as of Jul. 15, 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 Rathbones Group (RTBBF) Overvalued in 2026?

Based on GuruFocus' analysis, Rathbones Group stock appears to be undervalued. The current stock price of $27.75 is trading 13.9% below its estimated GF Value™ of $32.23.

Key valuation signals for RTBBF:

  • Cyclically Adjusted PB Ratio: 1.80 (27% below median its 10-year median of 2.45)
  • GF Value™: $32.23 vs. price of $27.75 (13.9% below fair value)
  • GF Score™: 74/100 with 1 warning sign
  • Industry Position: 111.8% above the Asset Management median (#761 of 1000)

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


Rathbones Group Business Description

Other Exchanges RATl:UKRAT:UK
Address 30 Gresham Street, London, GBR, EC2V 7QN
Rathbones Group PLC provides investment and wealth management services to private clients, charities, trustees, and professional partners. The group also provides other banking, financial advisory, tax, legal, and trust services. Alongside investment management services, the company provides unit trust and multi-asset fund products sold through intermediaries to the retail sector.
74GF Score

Get the complete analysis for RTBBF

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

$27.75
Price
$32.23
GF Value