ADYEY (Adyen NV) Cyclically Adjusted PB Ratio: 10.86 (As of Jul. 25, 2026) — 61% Below Median

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Director of Data and Quant Analytics at GuruFocus
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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.

ADYEY Adyen NV ADYEY
76 GF Score
Price $9.01
GF Value $18.25
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Adyen NV Cyclically Adjusted PB Ratio?

Adyen NV ADYEY -0.22% 76 Cyclically Adjusted PB Ratio is 10.86 as of Jul. 25, 2026, which is 61% below its 10-year median of 28.08. GuruFocus rates ADYEY with a GF Score™ of 76/100 and a GF Value™ of $18.25 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 1,591 Software companies, Adyen NV ranks worse than 92.52% on this metric.

As of today (2026-07-25), Adyen NV's current share price is $9.01. Adyen NV's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was $0.83. Adyen NV's Cyclically Adjusted PB Ratio for today is 10.86.

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

ADYEY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 11.47   Med: 28.08   Max: 39.56
Current: 11.69

During the past 12 years, Adyen NV's highest Cyclically Adjusted PB Ratio was 39.56. The lowest was 11.47. And the median was 28.08.

ADYEY's Cyclically Adjusted PB Ratio is ranked worse than
92.52% of 1591 companies
in the Software industry
Industry Median: 2.26 vs ADYEY: 11.69

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.

Adyen NV's adjusted book value per share data of for the fiscal year that ended in Dec25 was $1.962. 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 $0.83 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Adyen NV  (OTCPK:ADYEY) 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.


Adyen NV Cyclically Adjusted PB Ratio Related Terms


Adyen NV Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Adyen NV'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.

Adyen NV Cyclically Adjusted PB Ratio Chart

Adyen NV 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 29.43 26.54 19.29

Adyen NV Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 29.43 0.00 26.54 0.00 19.29

ADYEY vs MSFT, ORCL, PLTR: Cyclically Adjusted PB Ratio Comparison

For the Software - Infrastructure subindustry, Adyen NV'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.


Adyen NV Cyclically Adjusted PB Ratio vs Software Industry

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

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


ADYEY
76GF Score
Adyen NV ADYEY
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Adyen NV 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.

Adyen NV's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=9.01/0.83
=10.86

* 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.

Adyen NV's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Adyen NV's adjusted Book Value per Share data for the fiscal year that ended in Dec25 was:

Adj_Book=Book Value per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=1.962/135.2700*135.2700
=1.962

Current CPI (Dec25) = 135.2700.

Adyen NV Annual Data

Book Value per Share CPI Adj_Book
201612 0.113 100.710 0.152
201712 0.157 101.970 0.208
201812 0.225 103.970 0.293
201912 0.321 106.800 0.407
202012 0.488 107.850 0.612
202112 0.661 114.010 0.784
202212 0.826 124.940 0.894
202312 1.107 126.450 1.184
202412 1.407 131.630 1.446
202512 1.962 135.270 1.962

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 10.86 mean?
Adyen NV (ADYEY) has a Cyclically Adjusted PB Ratio of 10.86 as of Jul. 25, 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 Adyen NV and its competitors. This is 61% below median its historical median of 28.08. Over the past decade, Adyen NV's Cyclically Adjusted PB Ratio has ranged from 11.47 to 39.56. According to the industry distribution chart, Adyen NV ranks #1472 out of 1591 companies in the Software industry, placing it in the top 92.5%.
Is Adyen NV's Cyclically Adjusted PB Ratio too high?
Adyen NV's current Cyclically Adjusted PB Ratio of 10.86 is 61% below median its 10-year median of 28.08. Over the past 10 years, this metric has ranged from a low of 11.47 to a high of 39.56. The Software industry median Cyclically Adjusted PB Ratio is 2.26. Adyen NV's value of 10.86 is 380.5% above this industry median. Based on the distribution chart, Adyen NV ranks #1472 out of 1591 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Adyen NV has a GF Score™ of 76/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Adyen NV's Cyclically Adjusted PB Ratio compare to MSFT and ORCL?
According to the Software industry distribution chart, Adyen NV ranks #1472 out of 1591 companies for Cyclically Adjusted PB Ratio. This places Adyen NV in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.26. Adyen NV's value of 10.86 is 380.5% above this benchmark. Historically, Adyen NV's own Cyclically Adjusted PB Ratio has ranged from 11.47 to 39.56 over the past decade. While the company's 10-year median is 28.08 vs. the industry median of 2.26, Adyen NV has consistently been above 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 2.26, based on 1,591 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. Adyen NV's current Cyclically Adjusted PB Ratio of 10.86 is 380.5% above 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 Adyen NV and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Adyen NV's current Cyclically Adjusted PB Ratio is 10.86, which is 61% below median its own 10-year median of 28.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adyen NV stock overvalued right now?
Based on GuruFocus' analysis, Adyen NV (ADYEY) is currently considered Significantly Undervalued. The stock's GF Value™ is $18.25, compared to a current price of $9.01 — trading 50.6% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 10.86, which is 61% below median its 10-year median of 28.08 and 380.5% above the Software industry median of 2.26. Adyen NV's overall GF Score™ is 76/100 with 1 warning sign 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 Adyen NV (ADYEY), the current Cyclically Adjusted PB Ratio is 10.86 as of Jul. 25, 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 Adyen NV (ADYEY) Overvalued in 2026?

Based on GuruFocus' analysis, Adyen NV stock appears to be undervalued. The current stock price of $9.01 is trading 50.6% below its estimated GF Value™ of $18.25. GuruFocus considers Adyen NV to be Significantly Undervalued.

Key valuation signals for ADYEY:

  • Cyclically Adjusted PB Ratio: 10.86 (61% below median its 10-year median of 28.08)
  • GF Value™: $18.25 vs. price of $9.01 (50.6% below fair value)
  • GF Score™: 76/100 with 1 warning sign
  • Industry Position: 380.5% above the Software median (#1472 of 1591)

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


Adyen NV Business Description

Address Simon Carmiggeltstraat 6-50, Amsterdam, NLD, 1011 DJ
Adyen is a payment company that provides merchants with a single platform to accept e-commerce, mobile, and point-of-sale payments in multiple countries using various payment schemes and methodologies. Adyen started out providing only gateway and payment processing services to merchants but soon expanded into merchant acquiring services as well. Adyen obtained a banking license to improve settlement of merchant accounts.
76GF Score

Get the complete analysis for ADYEY

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

$9.01
Price
$18.25
GF Value