Forus (XSGO:FORUS) Cyclically Adjusted PB Ratio: 1.82 (As of Jul. 24, 2026) — 13% Above Median

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XSGO:FORUS Forus SA XSGO:FORUS
85 GF Score
Price CLP1,983.40
GF Value CLP2,116.66
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Forus Cyclically Adjusted PB Ratio?

Forus XSGO:FORUS 85 Cyclically Adjusted PB Ratio is 1.82 as of Jul. 24, 2026, which is 13% above its 10-year median of 1.61. GuruFocus rates XSGO:FORUS with a GF Score™ of 85/100 and a GF Value™ of CLP2,116.66 (Fairly Valued). The stock has 2 warning signs investors should review. Among 809 Retail - Cyclical companies, Forus ranks worse than 62.92% on this metric.

As of today (2026-07-24), Forus's current share price is CLP1983.40. Forus's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was CLP1,090.80. Forus's Cyclically Adjusted PB Ratio for today is 1.82.

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

XSGO:FORUS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.02   Med: 1.61   Max: 2.43
Current: 1.82

During the past years, Forus's highest Cyclically Adjusted PB Ratio was 2.43. The lowest was 1.02. And the median was 1.61.

XSGO:FORUS's Cyclically Adjusted PB Ratio is ranked worse than
62.92% of 809 companies
in the Retail - Cyclical industry
Industry Median: 1.24 vs XSGO:FORUS: 1.82

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.

Forus's adjusted book value per share data for the three months ended in Mar. 2026 was CLP1,004.349. 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 CLP1,090.80 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Forus  (XSGO:FORUS) 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.


Forus Cyclically Adjusted PB Ratio Related Terms


Forus Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Forus'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.

Forus Cyclically Adjusted PB Ratio Chart

Forus 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 1.31 1.23 1.62 1.64 2.16

Forus 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 1.97 2.01 2.09 2.16 2.11

XSGO:FORUS vs TJX, ROST, BURL: Cyclically Adjusted PB Ratio Comparison

For the Apparel Retail subindustry, Forus'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.


Forus Cyclically Adjusted PB Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Forus's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


XSGO:FORUS
85GF Score
Forus SA XSGO:FORUS
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Forus 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.

Forus's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1983.40/1090.80
=1.82

* 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.

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

For example, Forus'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)
=1004.349/160.1900*160.1900
=1,004.349

Current CPI (Mar. 2026) = 160.1900.

Forus Quarterly Data

Book Value per Share CPI Adj_Book
201606 716.305 103.965 1,103.687
201609 734.132 104.521 1,125.142
201612 731.829 104.532 1,121.495
201703 757.908 105.752 1,148.058
201706 789.065 105.730 1,195.500
201709 796.172 106.035 1,202.797
201712 786.730 106.907 1,178.841
201803 808.799 107.670 1,203.326
201806 841.336 108.421 1,243.055
201809 855.308 109.369 1,252.746
201812 850.802 109.653 1,242.926
201903 891.756 110.339 1,294.651
201906 914.425 111.352 1,315.481
201909 928.606 111.821 1,330.285
201912 905.945 112.943 1,284.925
202003 911.332 114.468 1,275.342
202006 897.584 114.283 1,258.139
202009 893.341 115.275 1,241.421
202012 898.445 116.299 1,237.518
202103 907.491 117.770 1,234.367
202106 790.679 118.630 1,067.676
202109 732.825 121.431 966.735
202112 744.666 124.634 957.108
202203 750.912 128.850 933.552
202206 821.250 133.448 985.820
202209 775.465 138.101 899.501
202212 761.106 140.574 867.312
202303 776.427 143.145 868.878
202306 810.033 143.538 904.008
202309 849.357 145.172 937.223
202312 836.842 146.109 917.492
202403 887.451 148.551 956.986
202406 909.599 149.592 974.040
202409 903.956 151.212 957.626
202412 915.097 152.774 959.516
202503 933.738 155.783 960.153
202506 979.213 155.754 1,007.102
202509 1,001.223 157.870 1,015.937
202512 987.882 158.040 1,001.321
202603 1,004.349 160.190 1,004.349

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 1.82 mean?
Forus (XSGO:FORUS) has a Cyclically Adjusted PB Ratio of 1.82 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 Forus and its competitors. This is 13% above median its historical median of 1.61. Over the past decade, Forus' Cyclically Adjusted PB Ratio has ranged from 1.02 to 2.43. According to the industry distribution chart, Forus ranks #509 out of 809 companies in the Retail - Cyclical industry, placing it in the top 62.9%.
Is Forus' Cyclically Adjusted PB Ratio too high?
Forus' current Cyclically Adjusted PB Ratio of 1.82 is 13% above median its 10-year median of 1.61. Over the past 10 years, this metric has ranged from a low of 1.02 to a high of 2.43. The Retail - Cyclical industry median Cyclically Adjusted PB Ratio is 1.24. Forus' value of 1.82 is 46.8% above this industry median. Based on the distribution chart, Forus ranks #509 out of 809 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Forus has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Forus' Cyclically Adjusted PB Ratio compare to TJX and ROST?
According to the Retail - Cyclical industry distribution chart, Forus ranks #509 out of 809 companies for Cyclically Adjusted PB Ratio. This places Forus in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.24. Forus' value of 1.82 is 46.8% above this benchmark. Historically, Forus' own Cyclically Adjusted PB Ratio has ranged from 1.02 to 2.43 over the past decade. While the company's 10-year median is 1.61 vs. the industry median of 1.24, Forus 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 Retail - Cyclical company?
The median Cyclically Adjusted PB Ratio among Retail - Cyclical companies is 1.24, based on 809 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. Forus's current Cyclically Adjusted PB Ratio of 1.82 is 46.8% 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 Forus and its competitors. For the Retail - Cyclical industry, the median Cyclically Adjusted PB Ratio is 1.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forus's current Cyclically Adjusted PB Ratio is 1.82, which is 13% above median its own 10-year median of 1.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forus stock overvalued right now?
Based on GuruFocus' analysis, Forus (XSGO:FORUS) is currently considered Fairly Valued. The stock's GF Value™ is CLP2,116.66, compared to a current price of CLP1,983.40 — trading 6.3% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.82, which is 13% above median its 10-year median of 1.61 and 46.8% above the Retail - Cyclical industry median of 1.24. Forus' overall GF Score™ is 85/100 with 2 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 Forus (XSGO:FORUS), the current Cyclically Adjusted PB Ratio is 1.82 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 Forus (XSGO:FORUS) Overvalued in 2026?

Based on GuruFocus' analysis, Forus stock appears to be undervalued. The current stock price of CLP1,983.40 is trading 6.3% below its estimated GF Value™ of CLP2,116.66. GuruFocus considers Forus to be Fairly Valued.

Key valuation signals for XSGO:FORUS:

  • Cyclically Adjusted PB Ratio: 1.82 (13% above median its 10-year median of 1.61)
  • GF Value™: CLP2,116.66 vs. price of CLP1,983.40 (6.3% below fair value)
  • GF Score™: 85/100 with 2 warning signs
  • Industry Position: 46.8% above the Retail - Cyclical median (#509 of 809)

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


Forus Business Description

Address Avenida Departmental N 01053, La Florida, Santiago, CHL
Forus SA is a retail company. It produces, imports, designs, markets and distributes products of footwear, apparel, and accessories. The firm sells domestic and international brands such as Hush Puppies, Sorel, Columbia, Cat, Merrell, Azalea, Nine west, Brooks, Calpany, etc. The company operates in Chile, Columbia, Peru, Uruguay. It generates a majority of the sales from Chile.
85GF Score

Get the complete analysis for XSGO:FORUS

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

CLP1,983.40
Price
CLP2,116.66
GF Value