AIAGF (Aurubis AG) Cyclically Adjusted Book per Share: $99.46 (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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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.

AIAGF Aurubis AG AIAGF
25 GF Score
Price $203.55
GF Value $122.70
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Aurubis AG Cyclically Adjusted Book per Share?

Aurubis AG AIAGF 25 Cyclically Adjusted Book per Share is $99.46 as of Jun. 2026. GuruFocus rates AIAGF with a GF Score™ of 25/100 and a GF Value™ of $122.70 (Significantly Overvalued). The stock has 4 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Aurubis AG's adjusted book value per share for the three months ended in Jun. 2026 was $156.006. 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 $99.46 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Aurubis AG's average Cyclically Adjusted Book Growth Rate was 11.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 10.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 10.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Aurubis AG was 11.60% per year. The lowest was 6.00% per year. And the median was 9.75% per year.

As of today (2026-08-13), Aurubis AG's current stock price is $203.5485. Aurubis AG's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $99.46. Aurubis AG's Cyclically Adjusted PB Ratio of today is 2.05.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Aurubis AG was 2.46. The lowest was 0.70. And the median was 1.20.


Aurubis AG  (OTCPK:AIAGF) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Aurubis AG's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=203.5485/99.46
=2.05

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Aurubis AG was 2.46. The lowest was 0.70. And the median was 1.20.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Aurubis AG Cyclically Adjusted Book per Share Related Terms


Aurubis AG Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Aurubis AG's Cyclically Adjusted Book per Share 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.

Aurubis AG Cyclically Adjusted Book per Share Chart

Aurubis AG Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 73.03 69.21 72.23 82.46 92.22

Aurubis AG Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted Book per Share 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 80.17 92.22 99.67 117.41 99.46

AIAGF vs CRS, ATI, MLI: Cyclically Adjusted Book per Share Comparison

For the Metal Fabrication subindustry, Aurubis AG'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.


Aurubis AG Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Aurubis AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


AIAGF
25GF Score
Aurubis AG AIAGF
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Aurubis AG Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Aurubis AG'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)
=156.006/131.3638*131.3638
=156.006

Current CPI (Jun. 2026) = 131.3638.

Aurubis AG Quarterly Data

Book Value per Share CPI Adj_Book
201609 49.639 101.017 64.551
201612 49.194 101.217 63.846
201703 51.787 101.417 67.079
201706 56.721 102.117 72.966
201709 62.638 102.717 80.107
201712 65.467 102.617 83.807
201803 67.744 102.917 86.469
201806 66.067 104.017 83.436
201809 66.595 104.718 83.541
201812 64.642 104.217 81.480
201903 64.590 104.217 81.414
201906 64.180 105.718 79.750
201909 63.625 106.018 78.836
201912 67.359 105.818 83.621
202003 64.257 105.718 79.845
202006 70.468 106.618 86.824
202009 76.339 105.818 94.769
202012 68.406 105.518 85.162
202103 84.358 107.518 103.067
202106 70.425 108.486 85.277
202109 92.756 109.435 111.343
202112 71.573 110.384 85.177
202203 99.739 113.968 114.963
202206 97.551 115.760 110.700
202209 96.552 118.818 106.747
202212 104.819 119.345 115.375
202303 105.667 122.402 113.403
202306 107.059 123.140 114.208
202309 103.749 124.195 109.738
202312 107.011 123.773 113.574
202403 106.599 125.038 111.992
202406 109.571 125.882 114.343
202409 115.795 126.198 120.535
202412 116.035 127.041 119.983
202503 123.785 127.779 127.258
202506 131.722 128.412 134.750
202509 134.767 129.255 136.966
202512 142.927 129.361 145.140
202603 152.681 131.258 152.804
202606 156.006 131.364 156.006

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

What does a Cyclically Adjusted Book per Share of $99.46 mean?
Aurubis AG (AIAGF) has a Cyclically Adjusted Book per Share of $99.46 as of Jun. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Aurubis AG and its competitors.
Is Aurubis AG's Cyclically Adjusted Book per Share too high?
Aurubis AG's current Cyclically Adjusted Book per Share is $99.46. Overall, Aurubis AG has a GF Score™ of 25/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Aurubis AG's Cyclically Adjusted Book per Share compare to CRS and ATI?
Aurubis AG's Cyclically Adjusted Book per Share of $99.46 can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for an Industrial Products company?
A good Cyclically Adjusted Book per Share depends on the Industrial Products industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Aurubis AG and its competitors. Aurubis AG's current Cyclically Adjusted Book per Share is $99.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aurubis AG stock overvalued right now?
Based on GuruFocus' analysis, Aurubis AG (AIAGF) is currently considered Significantly Overvalued. The stock's GF Value™ is $122.70, compared to a current price of $203.55 — trading 65.9% above its estimated fair value. The current Cyclically Adjusted Book per Share is $99.46. Aurubis AG's overall GF Score™ is 25/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Aurubis AG (AIAGF), the current Cyclically Adjusted Book per Share is $99.46 as of Jun. 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 Aurubis AG (AIAGF) Overvalued in 2026?

Based on GuruFocus' analysis, Aurubis AG stock appears to be overvalued. The current stock price of $203.55 is trading 65.9% above its estimated GF Value™ of $122.70. GuruFocus considers Aurubis AG to be Significantly Overvalued.

Key valuation signals for AIAGF:

  • Cyclically Adjusted Book per Share: $99.46
  • GF Value™: $122.70 vs. price of $203.55 (65.9% above fair value)
  • GF Score™: 25/100 with 4 warning signs

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


Aurubis AG Business Description

Address Hovestrasse 50, Hamburg, BY, DEU, 20539
Aurubis AG produces copper, using raw materials which include copper concentrates and recycling materials. The company also produces precious metals such as gold and silver and a range of other products, including sulfuric acid and iron silicate, as byproducts of copper production. Revenue is predominantly generated through the sale of continuous cast wire rods, copper cathodes, precious metals, and continuous cast shapes, used in the manufacture of cables and wires, which are used in electrical applications. It has two segments, Multimetal Recycling and Custom Smelting & Products, which is the key revenue-generating segment. The company is based in Germany and has production sites across Europe and the United States.
25GF Score

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

$203.55
Price
$122.70
GF Value