Silgan Holdings (FRA:SL3) Cyclically Adjusted Book per Share: €12.22 (As of Mar. 2026)


FRA:SL3 Silgan Holdings Inc FRA:SL3
78 GF Score
Price €41.00
GF Value €45.55
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Silgan Holdings Cyclically Adjusted Book per Share?

Silgan Holdings FRA:SL3 +1.99% 78 Cyclically Adjusted Book per Share is €12.22 as of Mar. 2026. GuruFocus rates FRA:SL3 with a GF Score™ of 78/100 and a GF Value™ of €45.55 (Modestly Undervalued). The stock has 2 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.

Silgan Holdings's adjusted book value per share for the three months ended in Mar. 2026 was €18.994. 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 €12.22 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Silgan Holdings's average Cyclically Adjusted Book Growth Rate was 14.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 14.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 15.40% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 12.30% 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 Silgan Holdings was 83.20% per year. The lowest was 7.40% per year. And the median was 14.90% per year.

As of today (2026-07-02), Silgan Holdings's current stock price is €41.00. Silgan Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €12.22. Silgan Holdings's Cyclically Adjusted PB Ratio of today is 3.36.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Silgan Holdings was 6.51. The lowest was 2.53. And the median was 5.13.


Silgan Holdings  (FRA:SL3) 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.

Silgan Holdings's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=41.00/12.22
=3.36

* 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 Silgan Holdings was 6.51. The lowest was 2.53. And the median was 5.13.


Be Aware

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


Silgan Holdings Cyclically Adjusted Book per Share Related Terms


Silgan Holdings Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Silgan Holdings'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.

Silgan Holdings Cyclically Adjusted Book per Share Chart

Silgan Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.01 8.81 9.75 11.61 11.85

Silgan Holdings 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 11.38 11.18 11.30 11.85 12.22

FRA:SL3 vs SON, REYN, GEF: Cyclically Adjusted Book per Share Comparison

For the Packaging & Containers subindustry, Silgan Holdings'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.


Silgan Holdings Cyclically Adjusted PB Ratio vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Silgan Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:SL3
78GF Score
Silgan Holdings Inc FRA:SL3
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Silgan Holdings 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, Silgan Holdings'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)
=18.994/330.2130*330.2130
=18.994

Current CPI (Mar. 2026) = 330.2130.

Silgan Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201606 5.073 241.018 6.950
201609 5.550 241.428 7.591
201612 4.042 241.432 5.528
201703 4.157 243.801 5.630
201706 4.381 244.955 5.906
201709 4.737 246.819 6.338
201712 5.864 246.524 7.855
201803 6.050 249.554 8.005
201806 6.485 251.989 8.498
201809 7.065 252.439 9.242
201812 7.015 251.233 9.220
201903 7.169 254.202 9.313
201906 7.402 256.143 9.542
201909 7.939 256.759 10.210
201912 8.314 256.974 10.684
202003 8.333 258.115 10.661
202006 8.727 257.797 11.178
202009 9.332 260.280 11.839
202012 9.358 260.474 11.863
202103 9.713 264.877 12.109
202106 10.439 271.696 12.687
202109 11.215 274.310 13.501
202112 12.526 278.802 14.836
202203 13.425 287.504 15.419
202206 13.952 296.311 15.548
202209 15.517 296.808 17.263
202212 14.735 296.797 16.394
202303 15.090 301.836 16.509
202306 15.708 305.109 17.000
202309 15.678 307.789 16.820
202312 16.268 306.746 17.513
202403 16.370 312.332 17.307
202406 16.824 314.175 17.683
202409 17.329 315.301 18.149
202412 17.792 315.605 18.616
202503 18.011 319.799 18.598
202506 18.007 322.561 18.434
202509 18.323 324.800 18.628
202512 18.420 324.054 18.770
202603 18.994 330.213 18.994

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 €12.22 mean?
Silgan Holdings (FRA:SL3) has a Cyclically Adjusted Book per Share of €12.22 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 Silgan Holdings and its competitors.
Is Silgan Holdings' Cyclically Adjusted Book per Share too high?
Silgan Holdings' current Cyclically Adjusted Book per Share is €12.22. Overall, Silgan Holdings has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Silgan Holdings' Cyclically Adjusted Book per Share compare to SON and REYN?
Silgan Holdings' Cyclically Adjusted Book per Share of €12.22 can be compared against companies in the Packaging & Containers 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 Packaging & Containers company?
A good Cyclically Adjusted Book per Share depends on the Packaging & Containers 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 Silgan Holdings and its competitors. Silgan Holdings's current Cyclically Adjusted Book per Share is €12.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Silgan Holdings stock overvalued right now?
Based on GuruFocus' analysis, Silgan Holdings (FRA:SL3) is currently considered Modestly Undervalued. The stock's GF Value™ is €45.55, compared to a current price of €41.00 — trading 10% below its estimated fair value. The current Cyclically Adjusted Book per Share is €12.22. Silgan Holdings' overall GF Score™ is 78/100 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 Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Silgan Holdings (FRA:SL3), the current Cyclically Adjusted Book per Share is €12.22 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 Silgan Holdings (FRA:SL3) Overvalued in 2026?

Based on GuruFocus' analysis, Silgan Holdings stock appears to be undervalued. The current stock price of €41.00 is trading 10% below its estimated GF Value™ of €45.55. GuruFocus considers Silgan Holdings to be Modestly Undervalued.

Key valuation signals for FRA:SL3:

  • Cyclically Adjusted Book per Share: €12.22
  • GF Value™: €45.55 vs. price of €41.00 (10% below fair value)
  • GF Score™: 78/100 with 2 warning signs

No single metric tells the full story. See the FRA:SL3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Silgan Holdings Business Description

Other Exchanges SLGN:USA
Address 601 Merritt 7, Norwalk, CT, USA, 06851
Silgan Holdings Inc is a manufacturer of sustainable rigid packaging solutions for the world's essential consumer goods products. Its products include: dispensing and specialty closures for fragrance and beauty, food, beverage, personal and health care, home care and lawn and garden products; steel and aluminum containers for pet and human food and general line products; and custom designed plastic containers for pet and human food, consumer health and pharmaceutical, personal care, home care, lawn and garden and automotive products.
78GF Score

Get the complete analysis for FRA:SL3

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

€41.00
Price
€45.55
GF Value