ADPPF (Adler Group) Cyclically Adjusted PB Ratio: (As of Jul. 15, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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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.

ADPPF Adler Group SA ADPPF
38 GF Score
Price $0.35
GF Value $0.65
! 3 Warning Signs
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What is Adler Group Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Adler Group  (OTCPK:ADPPF) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Adler Group Cyclically Adjusted PB Ratio Related Terms


Adler Group Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Adler Group's Cyclically Adjusted PB Ratio 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.

Adler Group Cyclically Adjusted PB Ratio Chart

Adler Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.02 0.01 0.01

Adler 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 PB Ratio 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 0.01 0.01 0.01 0.01 0.01

ADPPF vs CBRE, BEKE, JLL: Cyclically Adjusted PB Ratio Comparison

For the Real Estate Services subindustry, Adler 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.


Adler Group Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Adler Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


ADPPF
38GF Score
Adler Group SA ADPPF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Adler Group Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Adler Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Adler 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)
=6.337/127.1600*127.1600
=6.337

Current CPI (Mar. 2026) = 127.1600.

Adler Group Quarterly Data

Book Value per Share CPI Adj_Book
201606 25.206 100.660 31.842
201609 26.472 100.750 33.411
201612 30.577 101.040 38.482
201703 31.244 101.780 39.035
201706 35.500 102.170 44.183
201709 37.587 102.520 46.621
201712 42.129 102.410 52.311
201803 44.205 102.900 54.627
201806 45.318 103.650 55.597
201809 45.607 104.580 55.454
201812 48.480 104.320 59.094
201903 48.361 105.140 58.489
201906 52.894 105.550 63.723
201909 53.079 105.900 63.735
201912 58.186 106.080 69.749
202003 56.164 106.040 67.350
202006 45.684 106.340 54.628
202009 42.428 106.620 50.602
202012 42.713 106.670 50.918
202103 43.421 108.140 51.058
202106 45.389 108.680 53.107
202109 44.465 109.470 51.650
202112 28.755 111.090 32.915
202203 27.964 114.780 30.980
202206 21.488 116.750 23.404
202209 18.820 117.000 20.454
202212 12.775 117.060 13.877
202303 12.253 118.910 13.103
202306 3.205 120.460 3.383
202309 1.676 121.740 1.751
202312 -1.646 121.170 -1.727
202403 -2.251 122.590 -2.335
202406 -5.129 123.120 -5.297
202409 14.703 123.300 15.163
202412 9.162 122.430 9.516
202503 8.316 124.210 8.514
202506 7.408 125.820 7.487
202509 6.722 126.570 6.753
202512 6.497 126.180 6.547
202603 6.337 127.160 6.337

Add all the adjusted book value per share together and divide the count will get our 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.

Is Adler Group (ADPPF) Overvalued in 2026?

Based on GuruFocus' analysis, Adler Group stock appears to be undervalued. The current stock price of $0.35 is trading 46.2% below its estimated GF Value™ of $0.65.

Key valuation signals for ADPPF:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: $0.65 vs. price of $0.35 (46.2% below fair value)
  • GF Score™: 38/100 with 3 warning signs

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


Adler Group Business Description

Address 55 Allee Scheffer, Grand Duchy of Luxembourg, LUX, L-2520
Adler Group SA is a company specialized and focused on the purchase, management, and development of income-producing multi-family residential real estate. The portfolio of the company and its subsidiaries is situated in or on the outskirts of urban areas such as Berlin. The company operates in Germany. Its segment include: Residential property management; Privatization; Adler RE; and Consus. It derives maximum revenue from Residential property management segment.
38GF Score

Get the complete analysis for ADPPF

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

$0.35
Price
$0.65
GF Value