Grupo Ezentis (XMAD:EZE) Cyclically Adjusted Book per Share: €-0.07 (As of Dec. 2025)

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.

What is Grupo Ezentis Cyclically Adjusted Book per Share?

Grupo Ezentis XMAD:EZE -4.34% Cyclically Adjusted Book per Share is €-0.07 as of Dec. 2025. 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.

Grupo Ezentis's adjusted book value per share data for the fiscal year that ended in Dec. 2025 was €0.006. 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 €-0.07 for the trailing ten years ended in Dec. 2025.

During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -11.90% 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 Grupo Ezentis was 114.50% per year. The lowest was -67.50% per year. And the median was -23.80% per year.

As of today (2026-07-21), Grupo Ezentis's current stock price is € 0.0639. Grupo Ezentis's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec. 2025 was €-0.07. Grupo Ezentis's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Grupo Ezentis was 20.65. The lowest was 0.56. And the median was 1.60.


Grupo Ezentis  (XMAD:EZE) 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Grupo Ezentis was 20.65. The lowest was 0.56. And the median was 1.60.


Be Aware

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


Grupo Ezentis Cyclically Adjusted Book per Share Related Terms


Grupo Ezentis Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Grupo Ezentis'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.

Grupo Ezentis Cyclically Adjusted Book per Share Chart

Grupo Ezentis 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 -0.02 -0.05 -0.04 -0.06 -0.07

Grupo Ezentis Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 -0.04 0.00 -0.06 0.00 -0.07

XMAD:EZE vs PWR, FIX, EME: Cyclically Adjusted Book per Share Comparison

For the Engineering & Construction subindustry, Grupo Ezentis'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.


Grupo Ezentis Cyclically Adjusted PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, Grupo Ezentis's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Grupo Ezentis 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, Grupo Ezentis's adjusted Book Value per Share data for the fiscal year that ended in Dec. 2025 was:

Adj_Book=Book Value per Share /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=0.006/128.4000*128.4000
=0.006

Current CPI (Dec. 2025) = 128.4000.

Grupo Ezentis Annual Data

Book Value per Share CPI Adj_Book
201612 0.071 101.842 0.090
201712 0.102 102.975 0.127
201812 0.094 104.193 0.116
201912 0.042 105.015 0.051
202012 -0.150 104.456 -0.184
202112 -0.342 111.298 -0.395
202212 -0.431 117.650 -0.470
202312 -0.011 121.300 -0.012
202412 -0.007 124.753 -0.007
202512 0.006 128.400 0.006

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 €-0.07 mean?
Grupo Ezentis (XMAD:EZE) has a Cyclically Adjusted Book per Share of €-0.07 as of Dec. 2025. 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 Grupo Ezentis and its competitors.
Is Grupo Ezentis' Cyclically Adjusted Book per Share too high?
Grupo Ezentis' current Cyclically Adjusted Book per Share is €-0.07.
How does Grupo Ezentis' Cyclically Adjusted Book per Share compare to PWR and FIX?
Grupo Ezentis' Cyclically Adjusted Book per Share of €-0.07 can be compared against companies in the Construction 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 Construction company?
A good Cyclically Adjusted Book per Share depends on the Construction 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 Grupo Ezentis and its competitors. Grupo Ezentis's current Cyclically Adjusted Book per Share is €-0.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grupo Ezentis stock overvalued right now?
Based on GuruFocus' analysis, Grupo Ezentis (XMAD:EZE) is currently considered Possible Value Trap. The stock's GF Value™ is €0.17, compared to a current price of €0.06 — trading 62.4% below its estimated fair value. The current Cyclically Adjusted Book per Share is €-0.07. 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 Grupo Ezentis (XMAD:EZE), the current Cyclically Adjusted Book per Share is €-0.07 as of Dec. 2025. 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.

Grupo Ezentis Business Description

Other Exchanges 0QIH:UKRDT1:Germany
Address Calle Automocion No. 26-28, Poligono Industrial Calonge, Seville, ESP, 41007
Grupo Ezentis SA is a network services provider for communications and energy companies. It offers deployment, operation, and maintenance of telecommunications network infrastructures; Planning, engineering, implementation, and maintenance of electrical systems; and Implementation and management of complex multi-service networks. It offers complete construction, repair, and maintenance of civil works, hydraulic works, buildings, drainage, paving, and water and waste supply and treatment systems. The company has operational footprints across Spain, Argentina, Chile, Peru, Brazil, Colombia, Mexico, and Portugal, of which it generates the majority of its revenue from Brazil and Spain.