Foraco International (TSX:FAR) 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.

TSX:FAR Foraco International SA TSX:FAR
71 GF Score
Price C$2.66
GF Value C$2.20
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Foraco International Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Foraco International  (TSX:FAR) 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.


Foraco International Cyclically Adjusted PB Ratio Related Terms


Foraco International Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Foraco 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.

Foraco International Cyclically Adjusted PB Ratio Chart

Foraco 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 1.35 1.21 1.76 2.24 2.31

Foraco 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 1.78 2.04 2.33 2.51 2.60

Foraco International Cyclically Adjusted PB Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Foraco 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.


Foraco International Cyclically Adjusted PB Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Foraco International's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSX:FAR
71GF Score
Foraco International SA TSX:FAR
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Foraco 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.

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

For example, Foraco 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)
=1.547/123.5000*123.5000
=1.547

Current CPI (Jun. 2026) = 123.5000.

Foraco International Quarterly Data

Book Value per Share CPI Adj_Book
201609 1.395 100.340 1.717
201612 1.367 100.650 1.677
201703 1.323 101.170 1.615
201706 1.180 101.320 1.438
201709 1.096 101.330 1.336
201712 0.965 101.850 1.170
201803 0.854 102.750 1.026
201806 0.729 103.370 0.871
201809 0.678 103.560 0.809
201812 0.620 103.470 0.740
201903 0.559 103.890 0.665
201906 0.564 104.580 0.666
201909 0.548 104.500 0.648
201912 0.529 104.980 0.622
202003 0.170 104.590 0.201
202006 0.230 104.790 0.271
202009 0.194 104.550 0.229
202012 0.253 104.960 0.298
202103 0.222 105.750 0.259
202106 0.373 106.340 0.433
202109 0.849 106.810 0.982
202112 0.799 107.850 0.915
202203 0.867 110.490 0.969
202206 0.892 112.550 0.979
202209 0.974 112.740 1.067
202212 1.033 114.160 1.118
202303 1.131 116.790 1.196
202306 1.256 117.650 1.318
202309 1.303 118.260 1.361
202312 1.311 118.390 1.368
202403 1.210 119.470 1.251
202406 1.250 120.200 1.284
202409 1.285 119.560 1.327
202412 1.214 119.950 1.250
202503 1.293 120.380 1.327
202506 1.340 121.360 1.364
202509 1.451 120.950 1.482
202512 1.448 120.890 1.479
202603 1.496 122.410 1.509
202606 1.547 123.500 1.547

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 Foraco International (TSX:FAR) Overvalued in 2026?

Based on GuruFocus' analysis, Foraco International stock appears to be overvalued. The current stock price of C$2.66 is trading 20.9% above its estimated GF Value™ of C$2.20. GuruFocus considers Foraco International to be Modestly Overvalued.

Key valuation signals for TSX:FAR:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: C$2.20 vs. price of C$2.66 (20.9% above fair value)
  • GF Score™: 71/100 with 4 warning signs

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


Foraco International Business Description

Other Exchanges FRACF:USA3F3:Germany
Address 701 Rue des Fournel, Lunel, FRA, 34400
Foraco International SA is the business of providing mineral and water drilling services and hydraulic drilling. It specializes in drilling in harsh environments and isolated locations including desert and mountainous regions. The principal sources of revenue consist of drilling contracts for companies involved in mining and water exploration. The group has its operations in Europe, the Middle East and Africa, North America, South America and the Asia Pacific. The company has two operating segments: Mining segment, which derives maximum revenue, encompasses drilling services for mining companies, including exploration, development, and production drilling; and Water segment provides water-related drilling services, such as water well drilling and environmental services.
71GF Score

Get the complete analysis for TSX:FAR

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

C$2.66
Price
C$2.20
GF Value