UBS Group AG (NEOE:UBS) Cyclically Adjusted Book per Share: C$5.57 (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.

NEOE:UBS UBS Group AG NEOE:UBS
50 GF Score
Price C$13.43
GF Value C$9.69
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is UBS Group AG Cyclically Adjusted Book per Share?

UBS Group AG NEOE:UBS -2.04% 50 Cyclically Adjusted Book per Share is C$5.57 as of Mar. 2026. GuruFocus rates NEOE:UBS with a GF Score™ of 50/100 and a GF Value™ of C$9.69 (Significantly Overvalued). The stock has 6 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.

UBS Group AG's adjusted book value per share for the three months ended in Mar. 2026 was C$20.238. 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 C$5.57 for the trailing ten years ended in Mar. 2026.

During the past 12 months, UBS Group AG's average Cyclically Adjusted Book Growth Rate was 4.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.70% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 2.10% 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 UBS Group AG was 6.20% per year. The lowest was -13.70% per year. And the median was -3.75% per year.

As of today (2026-07-24), UBS Group AG's current stock price is C$13.43. UBS Group AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was C$5.57. UBS Group AG's Cyclically Adjusted PB Ratio of today is 2.41.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of UBS Group AG was 2.32. The lowest was 0.59. And the median was 1.16.


UBS Group AG  (NEOE:UBS) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=13.43/5.57
=2.41

* 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 UBS Group AG was 2.32. The lowest was 0.59. And the median was 1.16.


Be Aware

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


UBS Group AG Cyclically Adjusted Book per Share Related Terms


UBS Group AG Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for UBS Group 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.

UBS Group AG Cyclically Adjusted Book per Share Chart

UBS Group AG 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 0.00 0.00 0.00 0.00 5.66

UBS Group AG 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 0.00 5.57 5.64 5.66 5.57

NEOE:UBS vs JPM, BAC, WFC: Cyclically Adjusted Book per Share Comparison

For the Banks - Diversified subindustry, UBS Group 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.


UBS Group AG Cyclically Adjusted PB Ratio vs Banks Industry

For the Banks industry and Financial Services sector, UBS Group AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


NEOE:UBS
50GF Score
UBS Group AG NEOE:UBS
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

UBS Group 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, UBS Group AG'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)
=20.238/108.0600*108.0600
=20.238

Current CPI (Mar. 2026) = 108.0600.

UBS Group AG Quarterly Data

Book Value per Share CPI Adj_Book
201606 9.317 100.088 10.059
201609 9.666 99.604 10.487
201612 9.436 99.380 10.260
201703 9.593 100.040 10.362
201706 9.613 100.285 10.358
201709 8.994 100.254 9.694
201712 8.940 100.213 9.640
201803 9.170 100.836 9.827
201806 8.889 101.435 9.470
201809 9.043 101.246 9.652
201812 9.566 100.906 10.244
201903 9.591 101.571 10.204
201906 9.583 102.044 10.148
201909 10.168 101.396 10.836
201912 9.850 101.063 10.532
202003 11.201 101.048 11.978
202006 10.693 100.743 11.470
202009 10.879 100.585 11.688
202012 10.640 100.241 11.470
202103 10.273 100.800 11.013
202106 10.251 101.352 10.929
202109 10.990 101.533 11.697
202112 11.335 101.776 12.035
202203 11.041 103.205 11.560
202206 11.089 104.783 11.436
202209 11.598 104.835 11.955
202212 12.338 104.666 12.738
202303 12.626 106.245 12.842
202306 17.771 106.576 18.019
202309 17.623 106.570 17.869
202312 17.766 106.461 18.033
202403 17.862 107.355 17.979
202406 17.774 107.991 17.785
202409 18.364 107.468 18.465
202412 18.947 107.128 19.112
202503 19.485 107.722 19.546
202506 19.108 108.075 19.105
202509 19.757 107.710 19.821
202512 19.976 107.200 20.136
202603 20.238 108.060 20.238

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 C$5.57 mean?
UBS Group AG (NEOE:UBS) has a Cyclically Adjusted Book per Share of C$5.57 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 UBS Group AG and its competitors.
Is UBS Group AG's Cyclically Adjusted Book per Share too high?
UBS Group AG's current Cyclically Adjusted Book per Share is C$5.57. Overall, UBS Group AG has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does UBS Group AG's Cyclically Adjusted Book per Share compare to JPM and BAC?
UBS Group AG's Cyclically Adjusted Book per Share of C$5.57 can be compared against companies in the Banks 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 Banks company?
A good Cyclically Adjusted Book per Share depends on the Banks 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 UBS Group AG and its competitors. UBS Group AG's current Cyclically Adjusted Book per Share is C$5.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is UBS Group AG stock overvalued right now?
Based on GuruFocus' analysis, UBS Group AG (NEOE:UBS) is currently considered Significantly Overvalued. The stock's GF Value™ is C$9.69, compared to a current price of C$13.43 — trading 38.6% above its estimated fair value. The current Cyclically Adjusted Book per Share is C$5.57. UBS Group AG's overall GF Score™ is 50/100 with 6 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 UBS Group AG (NEOE:UBS), the current Cyclically Adjusted Book per Share is C$5.57 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 UBS Group AG (NEOE:UBS) Overvalued in 2026?

Based on GuruFocus' analysis, UBS Group AG stock appears to be overvalued. The current stock price of C$13.43 is trading 38.6% above its estimated GF Value™ of C$9.69. GuruFocus considers UBS Group AG to be Significantly Overvalued.

Key valuation signals for NEOE:UBS:

  • Cyclically Adjusted Book per Share: C$5.57
  • GF Value™: C$9.69 vs. price of C$13.43 (38.6% above fair value)
  • GF Score™: 50/100 with 6 warning signs

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


UBS Group AG Business Description

Address Bahnhofstrasse 45, Zurich, CHE, CH-8001
UBS is a global financial institution built around its core strength in wealth management, serving high and ultra-high-net-worth individuals. In Switzerland, it also operates as a traditional retail and commercial bank. Its investment bank and asset management divisions complement the wealth business, providing tailored solutions to UBS clients while serving third-party customers by leveraging UBS' global reach and expertise.
50GF Score

Get the complete analysis for NEOE:UBS

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

C$13.43
Price
C$9.69
GF Value