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.
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.
Bureau VeritasCHIX:BVIP 83 Cyclically Adjusted Price-to-FCF is 17.64 as of Aug. 18, 2026, which is 5% above its 10-year median of 16.73. GuruFocus rates CHIX:BVIP with a GF Score™ of 83/100 and a GF Value™ of €28.22 (Fairly Valued). The stock has 3 warning signs investors should review. Among 392 Business Services companies, Bureau Veritas ranks worse than 53.57% on this metric.
The historical rank and industry rank for Bureau Veritas's Cyclically Adjusted Price-to-FCF or its related term are showing as below:
CHIX:BVIp'
s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 9.21 Med: 16.73 Max: 23.72
Current: 17.17
During the past 13 years, Bureau Veritas's highest Cyclically Adjusted Price-to-FCF was 23.72. The lowest was 9.21. And the median was 16.73.
CHIX:BVIp's Cyclically Adjusted Price-to-FCF is ranked worse than 53.57% of 392
companies
in the Business Services industry
Industry Median: 15.915
vs CHIX:BVIp: 17.17
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 Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.
Bureau Veritas's adjusted free cash flow per share data of for the fiscal year that ended in Dec25 was €1.914. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is €1.60 for the trailing ten years ended in Dec25.
Shiller PE for Stocks: The True Measure of Stock Valuation
Bureau Veritas (CHIX:BVIp) Cyclically Adjusted Price-to-FCF Explanation
Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow 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 Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.
Bureau Veritas Cyclically Adjusted Price-to-FCF Related Terms
Bureau Veritas Cyclically Adjusted Price-to-FCF Historical Data
* Premium members only.
The historical data trend for Bureau Veritas's Cyclically Adjusted Price-to-FCF 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.
Bureau Veritas Cyclically Adjusted Price-to-FCF Chart
CHIX:BVIP vs VRSK, EFX, BAH: Cyclically Adjusted Price-to-FCF Comparison
For the Consulting Services subindustry, Bureau Veritas's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF 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.
Bureau Veritas Cyclically Adjusted Price-to-FCF vs Business Services Industry
For the Business Services industry and Industrials sector, Bureau Veritas's Cyclically Adjusted Price-to-FCF distribution charts can be found below:
* The bar in red indicates where Bureau Veritas's Cyclically Adjusted Price-to-FCF falls into.
Bureau Veritas Cyclically Adjusted Price-to-FCF Calculation
Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF 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 Price-to-FCF.
Bureau Veritas's Cyclically Adjusted Price-to-FCF for today is calculated as
* 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.
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 Price-to-FCF of 17.64 mean?
Bureau Veritas (CHIX:BVIP) has a Cyclically Adjusted Price-to-FCF of 17.64 as of Aug. 18, 2026. Cyclically Adjusted Price-to-FCF Ratio is the ratio of share price to a company's inflation-adjusted FCF per share over a 10-year period. View historical data on Bureau Veritas and its competitors. This is near median its historical median of 16.73. Over the past decade, Bureau Veritas' Cyclically Adjusted Price-to-FCF has ranged from 9.21 to 23.72. According to the industry distribution chart, Bureau Veritas ranks #210 out of 392 companies in the Business Services industry, placing it in the top 53.6%.
Is Bureau Veritas' Cyclically Adjusted Price-to-FCF too high?
Bureau Veritas' current Cyclically Adjusted Price-to-FCF of 17.64 is near median its 10-year median of 16.73. Over the past 10 years, this metric has ranged from a low of 9.21 to a high of 23.72. The Business Services industry median Cyclically Adjusted Price-to-FCF is 15.92. Bureau Veritas' value of 17.64 is 10.8% above this industry median. Based on the distribution chart, Bureau Veritas ranks #210 out of 392 companies in the Business Services industry, which is below the industry midpoint. Overall, Bureau Veritas has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Bureau Veritas' Cyclically Adjusted Price-to-FCF compare to VRSK and EFX?
According to the Business Services industry distribution chart, Bureau Veritas ranks #210 out of 392 companies for Cyclically Adjusted Price-to-FCF. This places Bureau Veritas in the lower half of its industry. The industry median Cyclically Adjusted Price-to-FCF is 15.92. Bureau Veritas' value of 17.64 is 10.8% above this benchmark. Historically, Bureau Veritas' own Cyclically Adjusted Price-to-FCF has ranged from 9.21 to 23.72 over the past decade. While the company's 10-year median is 16.73 vs. the industry median of 15.92, Bureau Veritas 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 Price-to-FCF for a Business Services company?
The median Cyclically Adjusted Price-to-FCF among Business Services companies is 15.92, based on 392 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted Price-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted Price-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bureau Veritas's current Cyclically Adjusted Price-to-FCF of 17.64 is 10.8% 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 Price-to-FCF mean?
A high Cyclically Adjusted Price-to-FCF can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted Price-to-FCF Ratio is the ratio of share price to a company's inflation-adjusted FCF per share over a 10-year period. View historical data on Bureau Veritas and its competitors. For the Business Services industry, the median Cyclically Adjusted Price-to-FCF is 15.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bureau Veritas's current Cyclically Adjusted Price-to-FCF is 17.64, which is near median its own 10-year median of 16.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bureau Veritas stock overvalued right now?
Based on GuruFocus' analysis, Bureau Veritas (CHIX:BVIP) is currently considered Fairly Valued. The stock's GF Value™ is €28.22, compared to a current price of €28.23 — trading 0% above its estimated fair value. The current Cyclically Adjusted Price-to-FCF is 17.64, which is near median its 10-year median of 16.73 and 10.8% above the Business Services industry median of 15.92. Bureau Veritas' overall GF Score™ is 83/100 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 Price-to-FCF calculated?
Cyclically Adjusted Price-to-FCF is calculated from a company's financial statements. For Bureau Veritas (CHIX:BVIP), the current Cyclically Adjusted Price-to-FCF is 17.64 as of Aug. 18, 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 Bureau Veritas (CHIX:BVIP) Overvalued in 2026?
Based on GuruFocus' analysis, Bureau Veritas stock appears to be overvalued.
The current stock price of €28.23 is trading 0% above its estimated GF Value™ of €28.22.
GuruFocus considers Bureau Veritas to be Fairly Valued.
Key valuation signals for CHIX:BVIP:
Cyclically Adjusted Price-to-FCF: 17.64 (near median its 10-year median of 16.73)
GF Value™: €28.22 vs. price of €28.23 (0% above fair value)
Industry Position: 10.8% above the Business Services median (#210 of 392)
No single metric tells the full story. See the CHIX:BVIP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bureau Veritas is a testing, inspection, and certification company. Its primary activities include testing products and materials, inspecting sites and equipment, and certifying products and systems to maintain global standards. Bureau Veritas is one of a handful of companies in the TIC sector that operate globally across numerous industries, including marine, industry, commodities, construction, and consumer products. Bureau Veritas was listed in 2007; it was previously privately owned by the Wendel Group, which retains a significant holding.
83GF Score
Get the complete analysis for CHIX:BVIP
Cyclically Adjusted Price-to-FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
CHIX:BVIP has been successfully added to your 
