ADSGF (Adesso SE) Cyclically Adjusted PB Ratio: 1.26 (As of Jul. 12, 2026) — 73% Below Median


ADSGF Adesso SE ADSGF
78 GF Score
Price $60.00
GF Value $251.59
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Adesso SE Cyclically Adjusted PB Ratio?

Adesso SE ADSGF -18.60% 78 Cyclically Adjusted PB Ratio is 1.26 as of Jul. 12, 2026, which is 73% below its 10-year median of 4.61. GuruFocus rates ADSGF with a GF Score™ of 78/100 and a GF Value™ of $251.59 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,598 Software companies, Adesso SE ranks worse than 51.25% on this metric.

As of today (2026-07-12), Adesso SE's current share price is $60.00. Adesso SE's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $47.67. Adesso SE's Cyclically Adjusted PB Ratio for today is 1.26.

The historical rank and industry rank for Adesso SE's Cyclically Adjusted PB Ratio or its related term are showing as below:

ADSGF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.32   Med: 4.61   Max: 5.84
Current: 2.42

During the past years, Adesso SE's highest Cyclically Adjusted PB Ratio was 5.84. The lowest was 2.32. And the median was 4.61.

ADSGF's Cyclically Adjusted PB Ratio is ranked worse than
51.25% of 1598 companies
in the Software industry
Industry Median: 2.325 vs ADSGF: 2.42

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.

Adesso SE's adjusted book value per share data for the three months ended in Mar. 2026 was $34.872. 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 $47.67 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Adesso SE  (OTCPK:ADSGF) 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.


Adesso SE Cyclically Adjusted PB Ratio Related Terms


Adesso SE Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Adesso SE'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.

Adesso SE Cyclically Adjusted PB Ratio Chart

Adesso SE 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 0.00 5.04 4.38

Adesso SE 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 5.33 4.70 4.99 4.38 2.73

ADSGF vs IBM, ACN, FISV: Cyclically Adjusted PB Ratio Comparison

For the Information Technology Services subindustry, Adesso SE'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.


Adesso SE Cyclically Adjusted PB Ratio vs Software Industry

For the Software industry and Technology sector, Adesso SE's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


ADSGF
78GF Score
Adesso SE ADSGF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Adesso SE 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.

Adesso SE's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=60.00/47.67
=1.26

* 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.

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

For example, Adesso SE'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)
=34.872/131.2583*131.2583
=34.872

Current CPI (Mar. 2026) = 131.2583.

Adesso SE Quarterly Data

Book Value per Share CPI Adj_Book
201112 7.815 95.998 10.686
201206 6.812 96.744 9.242
201212 7.580 97.957 10.157
201306 7.557 98.516 10.069
201312 8.299 99.356 10.964
201406 8.132 99.543 10.723
201412 8.008 99.543 10.559
201506 7.281 100.417 9.517
201512 7.763 99.717 10.219
201606 7.468 100.717 9.733
201612 9.970 101.217 12.929
201706 10.675 102.117 13.721
201712 12.821 102.617 16.399
201806 13.008 104.017 16.415
201812 14.432 104.217 18.177
201906 14.503 105.718 18.007
201912 16.638 105.818 20.638
202006 17.306 106.618 21.306
202012 20.130 105.518 25.041
202103 0.000 107.518 0.000
202106 24.488 108.486 29.628
202109 0.000 109.435 0.000
202112 32.173 110.384 38.257
202203 34.534 113.968 39.773
202206 31.871 115.760 36.138
202209 31.925 118.818 35.268
202212 34.167 119.345 37.578
202303 34.819 122.402 37.338
202306 32.851 123.140 35.017
202309 33.434 124.195 35.336
202312 32.517 123.773 34.484
202403 0.000 125.038 0.000
202406 31.124 125.882 32.453
202409 0.000 126.198 0.000
202412 28.588 127.041 29.537
202503 31.135 127.779 31.983
202506 32.096 128.412 32.807
202509 35.014 129.255 35.557
202512 34.669 129.361 35.178
202603 34.872 131.258 34.872

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.

What does a Cyclically Adjusted PB Ratio of 1.26 mean?
Adesso SE (ADSGF) has a Cyclically Adjusted PB Ratio of 1.26 as of Jul. 12, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Adesso SE and its competitors. This is 73% below median its historical median of 4.61. Over the past decade, Adesso SE's Cyclically Adjusted PB Ratio has ranged from 2.32 to 5.84. According to the industry distribution chart, Adesso SE ranks #819 out of 1598 companies in the Software industry, placing it in the top 51.3%.
Is Adesso SE's Cyclically Adjusted PB Ratio too high?
Adesso SE's current Cyclically Adjusted PB Ratio of 1.26 is 73% below median its 10-year median of 4.61. Over the past 10 years, this metric has ranged from a low of 2.32 to a high of 5.84. The Software industry median Cyclically Adjusted PB Ratio is 2.33. Adesso SE's value of 1.26 is 45.8% below this industry median. Based on the distribution chart, Adesso SE ranks #819 out of 1598 companies in the Software industry, which is below the industry midpoint. Overall, Adesso SE has a GF Score™ of 78/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Adesso SE's Cyclically Adjusted PB Ratio compare to IBM and ACN?
According to the Software industry distribution chart, Adesso SE ranks #819 out of 1598 companies for Cyclically Adjusted PB Ratio. This places Adesso SE in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.33. Adesso SE's value of 1.26 is 45.8% below this benchmark. Historically, Adesso SE's own Cyclically Adjusted PB Ratio has ranged from 2.32 to 5.84 over the past decade. While the company's 10-year median is 4.61 vs. the industry median of 2.33, Adesso SE has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Software company?
The median Cyclically Adjusted PB Ratio among Software companies is 2.33, based on 1,598 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Adesso SE's current Cyclically Adjusted PB Ratio of 1.26 is 45.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Adesso SE and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Adesso SE's current Cyclically Adjusted PB Ratio is 1.26, which is 73% below median its own 10-year median of 4.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adesso SE stock overvalued right now?
Based on GuruFocus' analysis, Adesso SE (ADSGF) is currently considered Significantly Undervalued. The stock's GF Value™ is $251.59, compared to a current price of $60.00 — trading 76.2% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.26, which is 73% below median its 10-year median of 4.61 and 45.8% below the Software industry median of 2.33. Adesso SE's overall GF Score™ is 78/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Adesso SE (ADSGF), the current Cyclically Adjusted PB Ratio is 1.26 as of Jul. 12, 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 Adesso SE (ADSGF) Overvalued in 2026?

Based on GuruFocus' analysis, Adesso SE stock appears to be undervalued. The current stock price of $60.00 is trading 76.2% below its estimated GF Value™ of $251.59. GuruFocus considers Adesso SE to be Significantly Undervalued.

Key valuation signals for ADSGF:

  • Cyclically Adjusted PB Ratio: 1.26 (73% below median its 10-year median of 4.61)
  • GF Value™: $251.59 vs. price of $60.00 (76.2% below fair value)
  • GF Score™: 78/100 with 3 warning signs
  • Industry Position: 45.8% below the Software median (#819 of 1598)

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


Adesso SE Business Description

Address Adessoplatz 1, Dortmund, NW, DEU, 44269
Adesso SE is a German IT service provider independent of manufacturers. It focuses on consulting and software development. Adesso uses information technology to provide optimised core business process design and support to its customers. It has two segments, namely, IT Services and IT Solutions. The IT Services segment offers customized, project-oriented services in the areas of consulting and software development. The IT Solutions segment markets its own solutions as homegrown products or standard software products. The IT service segment generates the majority of revenue.
78GF Score

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

$60.00
Price
$251.59
GF Value