ZIGExN Co (FRA:ZGE) Cyclically Adjusted Book per Share: €0.80 (As of Mar. 2026)


FRA:ZGE ZIGExN Co Ltd FRA:ZGE
80 GF Score
Price €2.14
GF Value €3.71
Valuation Possible Value Trap
! 2 Warning Signs
View Full Analysis

What is ZIGExN Co Cyclically Adjusted Book per Share?

ZIGExN Co FRA:ZGE -0.93% 80 Cyclically Adjusted Book per Share is €0.80 as of Mar. 2026. GuruFocus rates FRA:ZGE with a GF Score™ of 80/100 and a GF Value™ of €3.71 (Possible Value Trap). 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.

ZIGExN Co's adjusted book value per share for the three months ended in Mar. 2026 was €1.237. 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 €0.80 for the trailing ten years ended in Mar. 2026.

During the past 12 months, ZIGExN Co's average Cyclically Adjusted Book Growth Rate was 15.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 16.30% 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 ZIGExN Co was 16.30% per year. The lowest was 16.30% per year. And the median was 16.30% per year.

As of today (2026-07-09), ZIGExN Co's current stock price is €2.14. ZIGExN Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €0.80. ZIGExN Co's Cyclically Adjusted PB Ratio of today is 2.68.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of ZIGExN Co was 8.18. The lowest was 2.53. And the median was 4.55.


ZIGExN Co  (FRA:ZGE) 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.

ZIGExN Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2.14/0.80
=2.68

* 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 ZIGExN Co was 8.18. The lowest was 2.53. And the median was 4.55.


Be Aware

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


ZIGExN Co Cyclically Adjusted Book per Share Related Terms


ZIGExN Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for ZIGExN Co'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.

ZIGExN Co Cyclically Adjusted Book per Share Chart

ZIGExN Co 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 0.00 0.63 0.61 0.76 0.80

ZIGExN Co 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 0.76 0.78 0.79 0.76 0.80

FRA:ZGE vs GOOGL, META, SPOT: Cyclically Adjusted Book per Share Comparison

For the Internet Content & Information subindustry, ZIGExN Co'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.


ZIGExN Co Cyclically Adjusted PB Ratio vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, ZIGExN Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:ZGE
80GF Score
ZIGExN Co Ltd FRA:ZGE
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ZIGExN Co 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, ZIGExN Co'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)
=1.237/112.7000*112.7000
=1.237

Current CPI (Mar. 2026) = 112.7000.

ZIGExN Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.320 98.100 0.368
201609 0.461 98.000 0.530
201612 0.454 98.400 0.520
201703 0.511 98.100 0.587
201706 0.704 98.500 0.805
201709 0.452 98.800 0.516
201712 0.718 99.400 0.814
201803 0.784 99.200 0.891
201806 0.843 99.200 0.958
201809 0.870 99.900 0.981
201812 0.940 99.700 1.063
201903 0.990 99.700 1.119
201906 1.056 99.800 1.192
201909 1.138 100.100 1.281
201912 1.156 100.500 1.296
202003 1.230 100.300 1.382
202006 1.187 99.900 1.339
202009 0.891 99.900 1.005
202012 0.906 99.300 1.028
202103 0.928 99.900 1.047
202106 0.928 99.500 1.051
202109 0.989 100.100 1.113
202112 1.029 100.100 1.159
202203 1.057 101.100 1.178
202206 0.974 101.800 1.078
202209 0.990 103.100 1.082
202212 1.022 104.100 1.106
202303 1.080 104.400 1.166
202306 1.036 105.200 1.110
202309 1.063 106.200 1.128
202312 1.127 106.800 1.189
202403 1.148 107.200 1.207
202406 1.084 108.200 1.129
202409 1.135 108.900 1.175
202412 1.168 110.700 1.189
202503 1.235 111.100 1.253
202506 1.182 111.700 1.193
202509 1.191 112.000 1.198
202512 1.178 113.000 1.175
202603 1.237 112.700 1.237

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 €0.80 mean?
ZIGExN Co (FRA:ZGE) has a Cyclically Adjusted Book per Share of €0.80 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 ZIGExN Co and its competitors.
Is ZIGExN Co's Cyclically Adjusted Book per Share too high?
ZIGExN Co's current Cyclically Adjusted Book per Share is €0.80. Overall, ZIGExN Co has a GF Score™ of 80/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does ZIGExN Co's Cyclically Adjusted Book per Share compare to GOOGL and META?
ZIGExN Co's Cyclically Adjusted Book per Share of €0.80 can be compared against companies in the Interactive Media 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 Interactive Media company?
A good Cyclically Adjusted Book per Share depends on the Interactive Media 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 ZIGExN Co and its competitors. ZIGExN Co's current Cyclically Adjusted Book per Share is €0.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ZIGExN Co stock overvalued right now?
Based on GuruFocus' analysis, ZIGExN Co (FRA:ZGE) is currently considered Possible Value Trap. The stock's GF Value™ is €3.71, compared to a current price of €2.14 — trading 42.3% below its estimated fair value. The current Cyclically Adjusted Book per Share is €0.80. ZIGExN Co's overall GF Score™ is 80/100 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 ZIGExN Co (FRA:ZGE), the current Cyclically Adjusted Book per Share is €0.80 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 ZIGExN Co (FRA:ZGE) Overvalued in 2026?

Based on GuruFocus' analysis, ZIGExN Co stock appears to be undervalued. The current stock price of €2.14 is trading 42.3% below its estimated GF Value™ of €3.71. GuruFocus considers ZIGExN Co to be Possible Value Trap.

Key valuation signals for FRA:ZGE:

  • Cyclically Adjusted Book per Share: €0.80
  • GF Value™: €3.71 vs. price of €2.14 (42.3% below fair value)
  • GF Score™: 80/100 with 2 warning signs

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


ZIGExN Co Business Description

Other Exchanges ZGXNF:USA3679:Japan
Address 3-4-8 Toranomon, 5th FloorMinato-k, Tokyo, JPN, 105-0001
ZIGExN Co Ltd develops and operates the internet media platforms called EX Sites that provide information from multiple media and submit user's requests to multiple media in one access. The company's Life Media Platform business developed services to a wide range of areas related to daily life. The company operates career change EX, an employment site, Rent SMOCCA EX, a search site for real estate information, Pharmacist jobs EX, a pharmacist job search site, among others.
80GF Score

Get the complete analysis for FRA:ZGE

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

€2.14
Price
€3.71
GF Value