Fab-Form Industries (TSXV:FBF) Cyclically Adjusted PB Ratio: 2.83 (As of Aug. 08, 2026) — 69% Below Median

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TSXV:FBF Fab-Form Industries Ltd TSXV:FBF
54 GF Score
Price C$0.99
GF Value C$1.34
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Fab-Form Industries Cyclically Adjusted PB Ratio?

Fab-Form Industries TSXV:FBF 54 Cyclically Adjusted PB Ratio is 2.83 as of Aug. 08, 2026, which is 69% below its 10-year median of 9.17. GuruFocus rates TSXV:FBF with a GF Score™ of 54/100 and a GF Value™ of C$1.34 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 314 Building Materials companies, Fab-Form Industries ranks worse than 81.53% on this metric.

As of today (2026-08-08), Fab-Form Industries's current share price is C$0.99. Fab-Form Industries's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was C$0.35. Fab-Form Industries's Cyclically Adjusted PB Ratio for today is 2.83.

The historical rank and industry rank for Fab-Form Industries's Cyclically Adjusted PB Ratio or its related term are showing as below:

TSXV:FBF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.63   Med: 9.17   Max: 99
Current: 2.75

During the past years, Fab-Form Industries's highest Cyclically Adjusted PB Ratio was 99.00. The lowest was 2.63. And the median was 9.17.

TSXV:FBF's Cyclically Adjusted PB Ratio is ranked worse than
81.53% of 314 companies
in the Building Materials industry
Industry Median: 0.975 vs TSXV:FBF: 2.75

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.

Fab-Form Industries's adjusted book value per share data for the three months ended in Mar. 2026 was C$0.665. 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 C$0.35 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fab-Form Industries  (TSXV:FBF) 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.


Fab-Form Industries Cyclically Adjusted PB Ratio Related Terms


Fab-Form Industries Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Fab-Form Industries'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.

Fab-Form Industries Cyclically Adjusted PB Ratio Chart

Fab-Form Industries Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Jun23 Jun24 Jun25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.82 12.48 10.68 7.96 4.63

Fab-Form Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 4.05 4.63 3.60 3.48 2.89

TSXV:FBF vs CRH, VMC, MLM: Cyclically Adjusted PB Ratio Comparison

For the Building Materials subindustry, Fab-Form Industries'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.


Fab-Form Industries Cyclically Adjusted PB Ratio vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Fab-Form Industries's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Fab-Form Industries's Cyclically Adjusted PB Ratio falls into.


TSXV:FBF
54GF Score
Fab-Form Industries Ltd TSXV:FBF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fab-Form Industries 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.

Fab-Form Industries's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.99/0.35
=2.83

* 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.

Fab-Form Industries's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Fab-Form Industries's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.665/132.2623*132.2623
=0.665

Current CPI (Mar. 2026) = 132.2623.

Fab-Form Industries Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.031 102.002 0.040
201609 0.041 101.765 0.053
201612 0.044 101.449 0.057
201703 0.049 102.634 0.063
201706 0.062 103.029 0.080
201709 0.078 103.345 0.100
201712 0.071 103.345 0.091
201803 0.110 105.004 0.139
201806 0.125 105.557 0.157
201809 0.138 105.636 0.173
201812 0.141 105.399 0.177
201903 0.142 106.979 0.176
201906 0.155 107.690 0.190
201909 0.170 107.611 0.209
201912 0.180 107.769 0.221
202003 0.184 107.927 0.225
202006 0.195 108.401 0.238
202009 0.208 108.164 0.254
202012 0.205 108.559 0.250
202103 0.215 110.298 0.258
202106 0.242 111.720 0.286
202109 0.281 112.905 0.329
202112 0.299 113.774 0.348
202203 0.324 117.646 0.364
202206 0.371 120.806 0.406
202209 0.423 120.648 0.464
202212 0.447 120.964 0.489
202303 0.459 122.702 0.495
202306 0.499 124.203 0.531
202309 0.538 125.230 0.568
202312 0.550 125.072 0.582
202403 0.559 126.258 0.586
202406 0.584 127.522 0.606
202409 0.614 127.285 0.638
202412 0.627 127.364 0.651
202503 0.631 129.181 0.646
202506 0.643 129.892 0.655
202509 0.669 130.287 0.679
202512 0.673 130.366 0.683
202603 0.665 132.262 0.665

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 2.83 mean?
Fab-Form Industries (TSXV:FBF) has a Cyclically Adjusted PB Ratio of 2.83 as of Aug. 08, 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 Fab-Form Industries and its competitors. This is 69% below median its historical median of 9.17. Over the past decade, Fab-Form Industries' Cyclically Adjusted PB Ratio has ranged from 2.63 to 99.00. According to the industry distribution chart, Fab-Form Industries ranks #256 out of 314 companies in the Building Materials industry, placing it in the top 81.5%.
Is Fab-Form Industries' Cyclically Adjusted PB Ratio too high?
Fab-Form Industries' current Cyclically Adjusted PB Ratio of 2.83 is 69% below median its 10-year median of 9.17. Over the past 10 years, this metric has ranged from a low of 2.63 to a high of 99.00. The Building Materials industry median Cyclically Adjusted PB Ratio is 0.98. Fab-Form Industries' value of 2.83 is 190.3% above this industry median. Based on the distribution chart, Fab-Form Industries ranks #256 out of 314 companies in the Building Materials industry, which is in the bottom quartile relative to peers. Overall, Fab-Form Industries has a GF Score™ of 54/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fab-Form Industries' Cyclically Adjusted PB Ratio compare to CRH and VMC?
According to the Building Materials industry distribution chart, Fab-Form Industries ranks #256 out of 314 companies for Cyclically Adjusted PB Ratio. This places Fab-Form Industries in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.98. Fab-Form Industries' value of 2.83 is 190.3% above this benchmark. Historically, Fab-Form Industries' own Cyclically Adjusted PB Ratio has ranged from 2.63 to 99.00 over the past decade. While the company's 10-year median is 9.17 vs. the industry median of 0.98, Fab-Form Industries 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 Building Materials company?
The median Cyclically Adjusted PB Ratio among Building Materials companies is 0.98, based on 314 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. Fab-Form Industries's current Cyclically Adjusted PB Ratio of 2.83 is 190.3% 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 Fab-Form Industries and its competitors. For the Building Materials industry, the median Cyclically Adjusted PB Ratio is 0.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fab-Form Industries's current Cyclically Adjusted PB Ratio is 2.83, which is 69% below median its own 10-year median of 9.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fab-Form Industries stock overvalued right now?
Based on GuruFocus' analysis, Fab-Form Industries (TSXV:FBF) is currently considered Modestly Undervalued. The stock's GF Value™ is C$1.34, compared to a current price of C$0.99 — trading 26.1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.83, which is 69% below median its 10-year median of 9.17 and 190.3% above the Building Materials industry median of 0.98. Fab-Form Industries' overall GF Score™ is 54/100 with 3 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 Fab-Form Industries (TSXV:FBF), the current Cyclically Adjusted PB Ratio is 2.83 as of Aug. 08, 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 Fab-Form Industries (TSXV:FBF) Overvalued in 2026?

Based on GuruFocus' analysis, Fab-Form Industries stock appears to be undervalued. The current stock price of C$0.99 is trading 26.1% below its estimated GF Value™ of C$1.34. GuruFocus considers Fab-Form Industries to be Modestly Undervalued.

Key valuation signals for TSXV:FBF:

  • Cyclically Adjusted PB Ratio: 2.83 (69% below median its 10-year median of 9.17)
  • GF Value™: C$1.34 vs. price of C$0.99 (26.1% below fair value)
  • GF Score™: 54/100 with 3 warning signs
  • Industry Position: 190.3% above the Building Materials median (#256 of 314)

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


Fab-Form Industries Business Description

Other Exchanges FABFF:USA
Address 1610 Derwent Way, Unit 19, Delta, BC, CAN, V3M 6W1
Fab-Form Industries Ltd is a Canadian-based company that develops, manufactures, and distributes proprietary technology to form concrete footings, columns, foundations, and walls for building structures. The company also distributes Helix micro rebar into the BC market and Nudura insulating concrete form into the Lower Mainland of BC market.
54GF Score

Get the complete analysis for TSXV:FBF

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

C$0.99
Price
C$1.34
GF Value