Computer Modelling Group (FRA:5TJ) Cyclically Adjusted Book per Share: €0.47 (As of Mar. 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.
Reviewed by: Charlie Tian Charlie Tian
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.

FRA:5TJ Computer Modelling Group Ltd FRA:5TJ
68 GF Score
Price €2.28
GF Value €6.55
Valuation Significantly Undervalued
! 5 Warning Signs
View Full Analysis

What is Computer Modelling Group Cyclically Adjusted Book per Share?

Computer Modelling Group FRA:5TJ -5.00% 68 Cyclically Adjusted Book per Share is €0.47 as of Mar. 2026. GuruFocus rates FRA:5TJ with a GF Score™ of 68/100 and a GF Value™ of €6.55 (Significantly Undervalued). The stock has 5 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.

Computer Modelling Group's adjusted book value per share for the three months ended in Mar. 2026 was €0.630. 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 €0.47 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Computer Modelling Group's average Cyclically Adjusted Book Growth Rate was 2.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 1.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 2.10% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 3.00% 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 Computer Modelling Group was 21.90% per year. The lowest was 1.30% per year. And the median was 9.90% per year.

As of today (2026-07-22), Computer Modelling Group's current stock price is €2.28. Computer Modelling Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €0.47. Computer Modelling Group's Cyclically Adjusted PB Ratio of today is 4.85.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Computer Modelling Group was 18.17. The lowest was 4.32. And the median was 9.42.


Computer Modelling Group  (FRA:5TJ) 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.

Computer Modelling Group's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2.28/0.47
=4.85

* 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 Computer Modelling Group was 18.17. The lowest was 4.32. And the median was 9.42.


Be Aware

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


Computer Modelling Group Cyclically Adjusted Book per Share Related Terms


Computer Modelling Group Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Computer Modelling Group'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.

Computer Modelling Group Cyclically Adjusted Book per Share Chart

Computer Modelling Group Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.38 0.28 0.21 0.26 0.47

Computer Modelling Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.26 0.29 0.34 0.41 0.47

FRA:5TJ vs UBER, SHOP, CRM: Cyclically Adjusted Book per Share Comparison

For the Software - Application subindustry, Computer Modelling Group'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.


Computer Modelling Group Cyclically Adjusted PB Ratio vs Software Industry

For the Software industry and Technology sector, Computer Modelling Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:5TJ
68GF Score
Computer Modelling Group Ltd FRA:5TJ
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Computer Modelling Group 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, Computer Modelling Group'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)
=0.63/132.2623*132.2623
=0.630

Current CPI (Mar. 2026) = 132.2623.

Computer Modelling Group Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.523 102.002 0.678
201609 0.511 101.765 0.664
201612 0.532 101.449 0.694
201703 0.516 102.634 0.665
201706 0.504 103.029 0.647
201709 0.509 103.345 0.651
201712 0.471 103.345 0.603
201803 0.434 105.004 0.547
201806 0.428 105.557 0.536
201809 0.410 105.636 0.513
201812 0.400 105.399 0.502
201903 0.390 106.979 0.482
201906 0.355 107.690 0.436
201909 0.358 107.611 0.440
201912 0.334 107.769 0.410
202003 0.310 107.927 0.380
202006 0.309 108.401 0.377
202009 0.327 108.164 0.400
202012 0.343 108.559 0.418
202103 0.361 110.298 0.433
202106 0.367 111.720 0.434
202109 0.366 112.905 0.429
202112 0.392 113.774 0.456
202203 0.417 117.646 0.469
202206 0.430 120.806 0.471
202209 0.451 120.648 0.494
202212 0.436 120.964 0.477
202303 0.444 122.702 0.479
202306 0.483 124.203 0.514
202309 0.508 125.230 0.537
202312 0.531 125.072 0.562
202403 0.566 126.258 0.593
202406 0.591 127.522 0.613
202409 0.585 127.285 0.608
202412 0.664 127.364 0.690
202503 0.671 129.181 0.687
202506 0.649 129.892 0.661
202509 0.667 130.287 0.677
202512 0.663 130.366 0.673
202603 0.630 132.262 0.630

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 €0.47 mean?
Computer Modelling Group (FRA:5TJ) has a Cyclically Adjusted Book per Share of €0.47 as of Mar. 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 Computer Modelling Group and its competitors.
Is Computer Modelling Group's Cyclically Adjusted Book per Share too high?
Computer Modelling Group's current Cyclically Adjusted Book per Share is €0.47. Overall, Computer Modelling Group has a GF Score™ of 68/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Computer Modelling Group's Cyclically Adjusted Book per Share compare to UBER and SHOP?
Computer Modelling Group's Cyclically Adjusted Book per Share of €0.47 can be compared against companies in the Software 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 a Software company?
A good Cyclically Adjusted Book per Share depends on the Software 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 Computer Modelling Group and its competitors. Computer Modelling Group's current Cyclically Adjusted Book per Share is €0.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Computer Modelling Group stock overvalued right now?
Based on GuruFocus' analysis, Computer Modelling Group (FRA:5TJ) is currently considered Significantly Undervalued. The stock's GF Value™ is €6.55, compared to a current price of €2.28 — trading 65.2% below its estimated fair value. The current Cyclically Adjusted Book per Share is €0.47. Computer Modelling Group's overall GF Score™ is 68/100 with 5 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 Computer Modelling Group (FRA:5TJ), the current Cyclically Adjusted Book per Share is €0.47 as of Mar. 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 Computer Modelling Group (FRA:5TJ) Overvalued in 2026?

Based on GuruFocus' analysis, Computer Modelling Group stock appears to be undervalued. The current stock price of €2.28 is trading 65.2% below its estimated GF Value™ of €6.55. GuruFocus considers Computer Modelling Group to be Significantly Undervalued.

Key valuation signals for FRA:5TJ:

  • Cyclically Adjusted Book per Share: €0.47
  • GF Value™: €6.55 vs. price of €2.28 (65.2% below fair value)
  • GF Score™: 68/100 with 5 warning signs

No single metric tells the full story. See the FRA:5TJ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Computer Modelling Group Business Description

Other Exchanges CMDXF:USACMG:Canada
Address 33 Street N.W., Suite 3710, Calgary, AB, CAN, T2L 2M1
Computer Modelling Group Ltd is a software and consulting technology company engaged in developing and licensing reservoir simulation and seismic interpretation software. The company also provides professional services consisting of highly specialized support, consulting, training, and contract research activities. The firm has operations in the Americas, Europe, Middle East, Africa, and Asia-Pacific regions.
68GF Score

Get the complete analysis for FRA:5TJ

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

€2.28
Price
€6.55
GF Value