ICF International (STU:G6V) Cyclically Adjusted PB Ratio: 1.67 (As of Aug. 20, 2026) — 39% Below Median

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STU:G6V ICF International Inc STU:G6V
84 GF Score
Price €72.00
GF Value €81.63
! 7 Warning Signs
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What is ICF International Cyclically Adjusted PB Ratio?

ICF International STU:G6V 84 Cyclically Adjusted PB Ratio is 1.67 as of Aug. 20, 2026, which is 39% below its 10-year median of 2.72. GuruFocus rates STU:G6V with a GF Score™ of 84/100 and a GF Value™ of €81.63. The stock has 7 warning signs investors should review. Among 718 Business Services companies, ICF International ranks worse than 54.74% on this metric.

As of today (2026-08-20), ICF International's current share price is €72.00. ICF International's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €43.23. ICF International's Cyclically Adjusted PB Ratio for today is 1.67.

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

STU:G6V' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.26   Med: 2.72   Max: 3.97
Current: 1.81

During the past years, ICF International's highest Cyclically Adjusted PB Ratio was 3.97. The lowest was 1.26. And the median was 2.72.

STU:G6V's Cyclically Adjusted PB Ratio is ranked worse than
54.74% of 718 companies
in the Business Services industry
Industry Median: 1.53 vs STU:G6V: 1.81

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.

ICF International's adjusted book value per share data for the three months ended in Jun. 2026 was €50.816. 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 €43.23 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


ICF International  (STU:G6V) 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.


ICF International Cyclically Adjusted PB Ratio Related Terms


ICF International Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for ICF International'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.

ICF International Cyclically Adjusted PB Ratio Chart

ICF International 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 2.99 2.59 3.25 2.70 1.81

ICF International 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 1.84 1.98 1.81 1.34 1.47

STU:G6V vs CRAI, HURN, ROMA: Cyclically Adjusted PB Ratio Comparison

For the Consulting Services subindustry, ICF International'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.


ICF International Cyclically Adjusted PB Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, ICF International's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


STU:G6V
84GF Score
ICF International Inc STU:G6V
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ICF International 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.

ICF International's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=72.00/43.23
=1.67

* 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.

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

For example, ICF International'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)
=50.816/333.9520*333.9520
=50.816

Current CPI (Jun. 2026) = 333.9520.

ICF International Quarterly Data

Book Value per Share CPI Adj_Book
201609 25.864 241.428 35.776
201612 28.209 241.432 39.019
201703 27.908 243.801 38.228
201706 27.251 244.955 37.152
201709 26.323 246.819 35.616
201712 27.893 246.524 37.785
201803 26.901 249.554 35.999
201806 28.890 251.989 38.287
201809 29.554 252.439 39.097
201812 30.850 251.233 41.007
201903 31.081 254.202 40.832
201906 31.450 256.143 41.004
201909 33.089 256.759 43.037
201912 34.084 256.974 44.294
202003 33.204 258.115 42.960
202006 33.218 257.797 43.031
202009 32.726 260.280 41.989
202012 32.470 260.474 41.630
202103 33.459 264.877 42.184
202106 33.953 271.696 41.733
202109 35.610 274.310 43.353
202112 37.671 278.802 45.123
202203 38.812 287.504 45.082
202206 41.191 296.311 46.424
202209 44.925 296.808 50.547
202212 42.654 296.797 47.994
202303 42.091 301.836 46.570
202306 42.819 305.109 46.867
202309 44.484 307.789 48.265
202312 44.647 306.746 48.607
202403 44.940 312.332 48.051
202406 46.721 314.175 49.662
202409 46.883 315.301 49.656
202412 50.265 315.605 53.187
202503 48.638 319.799 50.791
202506 47.066 322.561 48.728
202509 47.329 324.800 48.663
202512 48.133 324.054 49.603
202603 49.269 330.213 49.827
202606 50.816 333.952 50.816

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 1.67 mean?
ICF International (STU:G6V) has a Cyclically Adjusted PB Ratio of 1.67 as of Aug. 20, 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 ICF International and its competitors. This is 39% below median its historical median of 2.72. Over the past decade, ICF International's Cyclically Adjusted PB Ratio has ranged from 1.26 to 3.97. According to the industry distribution chart, ICF International ranks #393 out of 718 companies in the Business Services industry, placing it in the top 54.7%.
Is ICF International's Cyclically Adjusted PB Ratio too high?
ICF International's current Cyclically Adjusted PB Ratio of 1.67 is 39% below median its 10-year median of 2.72. Over the past 10 years, this metric has ranged from a low of 1.26 to a high of 3.97. The Business Services industry median Cyclically Adjusted PB Ratio is 1.53. ICF International's value of 1.67 is 9.2% above this industry median. Based on the distribution chart, ICF International ranks #393 out of 718 companies in the Business Services industry, which is below the industry midpoint. Overall, ICF International has a GF Score™ of 84/100, reflecting its overall financial health beyond just this single metric.
How does ICF International's Cyclically Adjusted PB Ratio compare to CRAI and HURN?
According to the Business Services industry distribution chart, ICF International ranks #393 out of 718 companies for Cyclically Adjusted PB Ratio. This places ICF International in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.53. ICF International's value of 1.67 is 9.2% above this benchmark. Historically, ICF International's own Cyclically Adjusted PB Ratio has ranged from 1.26 to 3.97 over the past decade. While the company's 10-year median is 2.72 vs. the industry median of 1.53, ICF International 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 Business Services company?
The median Cyclically Adjusted PB Ratio among Business Services companies is 1.53, based on 718 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. ICF International's current Cyclically Adjusted PB Ratio of 1.67 is 9.2% 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 ICF International and its competitors. For the Business Services industry, the median Cyclically Adjusted PB Ratio is 1.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ICF International's current Cyclically Adjusted PB Ratio is 1.67, which is 39% below median its own 10-year median of 2.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ICF International stock overvalued right now?
ICF International (STU:G6V) has a current Cyclically Adjusted PB Ratio of 1.67. The stock's GF Value™ is €81.63, compared to a current price of €72.00 — trading 11.8% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.67, which is 39% below median its 10-year median of 2.72 and 9.2% above the Business Services industry median of 1.53. ICF International's overall GF Score™ is 84/100 with 7 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 ICF International (STU:G6V), the current Cyclically Adjusted PB Ratio is 1.67 as of Aug. 20, 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 ICF International (STU:G6V) Overvalued in 2026?

Based on GuruFocus' analysis, ICF International stock appears to be undervalued. The current stock price of €72.00 is trading 11.8% below its estimated GF Value™ of €81.63.

Key valuation signals for STU:G6V:

  • Cyclically Adjusted PB Ratio: 1.67 (39% below median its 10-year median of 2.72)
  • GF Value™: €81.63 vs. price of €72.00 (11.8% below fair value)
  • GF Score™: 84/100 with 7 warning signs
  • Industry Position: 9.2% above the Business Services median (#393 of 718)

No single metric tells the full story. See the STU:G6V stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ICF International Business Description

Other Exchanges ICFI:USA
Address 1902 Reston Metro Plaza, Reston, VA, USA, 20190
ICF International Inc provides professional services and technology-based solutions, including management, technology and policy consulting and implementation services, to government and commercial clients in the U.S. and internationally. Its government clients include U.S. federal agencies, state and local governments and international governments, as well as commercial clients inside and outside the U.S. It supports clients in Energy, Environment, Infrastructure and Disaster Recovery; Health and Social Programs; and Security and Other Civilian and Commercial markets. The company delivers services across the life cycle of a policy, program or project through Advisory Services, Program Implementation, Analytics Services, Digital Services and Engagement Services.
84GF Score

Get the complete analysis for STU:G6V

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

€72.00
Price
€81.63
GF Value