BFLBY (Bilfinger SE) Cyclically Adjusted PB Ratio: 2.16 (As of Aug. 06, 2026) — 154% Above Median

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BFLBY Bilfinger SE BFLBY
70 GF Score
Price $18.32
GF Value $13.56
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Bilfinger SE Cyclically Adjusted PB Ratio?

Bilfinger SE BFLBY 70 Cyclically Adjusted PB Ratio is 2.16 as of Aug. 06, 2026, which is 154% above its 10-year median of 0.85. GuruFocus rates BFLBY with a GF Score™ of 70/100 and a GF Value™ of $13.56 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,346 Construction companies, Bilfinger SE ranks worse than 72.07% on this metric.

As of today (2026-08-06), Bilfinger SE's current share price is $18.3238. Bilfinger SE's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $8.47. Bilfinger SE's Cyclically Adjusted PB Ratio for today is 2.16.

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

BFLBY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.33   Med: 0.85   Max: 3.42
Current: 2.24

During the past years, Bilfinger SE's highest Cyclically Adjusted PB Ratio was 3.42. The lowest was 0.33. And the median was 0.85.

BFLBY's Cyclically Adjusted PB Ratio is ranked worse than
72.07% of 1346 companies
in the Construction industry
Industry Median: 1.14 vs BFLBY: 2.24

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.

Bilfinger SE's adjusted book value per share data for the three months ended in Mar. 2026 was $8.695. 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 $8.47 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bilfinger SE  (OTCPK:BFLBY) 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.


Bilfinger SE Cyclically Adjusted PB Ratio Related Terms


Bilfinger SE Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Bilfinger 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.

Bilfinger SE Cyclically Adjusted PB Ratio Chart

Bilfinger 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 0.77 0.69 0.91 1.27 2.98

Bilfinger 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 1.83 2.26 2.59 2.98 2.68

BFLBY vs PWR, FIX, EME: Cyclically Adjusted PB Ratio Comparison

For the Engineering & Construction subindustry, Bilfinger 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.


Bilfinger SE Cyclically Adjusted PB Ratio vs Construction Industry

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

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


BFLBY
70GF Score
Bilfinger SE BFLBY
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Bilfinger 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=18.3238/8.47
=2.16

* 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.

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

For example, Bilfinger 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)
=8.695/131.2583*131.2583
=8.695

Current CPI (Mar. 2026) = 131.2583.

Bilfinger SE Quarterly Data

Book Value per Share CPI Adj_Book
201606 6.157 100.717 8.024
201609 8.373 101.017 10.880
201612 7.870 101.217 10.206
201703 7.742 101.417 10.020
201706 7.792 102.117 10.016
201709 0.000 102.717 0.000
201712 7.537 102.617 9.641
201803 7.369 102.917 9.398
201806 7.016 104.017 8.853
201809 7.255 104.718 9.094
201812 6.880 104.217 8.665
201903 6.841 104.217 8.616
201906 6.143 105.718 7.627
201909 6.268 106.018 7.760
201912 6.427 105.818 7.972
202003 6.168 105.718 7.658
202006 5.819 106.618 7.164
202009 5.875 105.818 7.287
202012 7.301 105.518 9.082
202103 7.403 107.518 9.038
202106 7.109 108.486 8.601
202109 7.072 109.435 8.482
202112 7.220 110.384 8.585
202203 7.221 113.968 8.317
202206 6.218 115.760 7.050
202209 6.182 118.818 6.829
202212 6.161 119.345 6.776
202303 6.195 122.402 6.643
202306 6.098 123.140 6.500
202309 6.271 124.195 6.628
202312 6.826 123.773 7.239
202403 6.965 125.038 7.311
202406 6.887 125.882 7.181
202409 7.370 126.198 7.666
202412 7.261 127.041 7.502
202503 7.669 127.779 7.878
202506 7.747 128.412 7.919
202509 8.250 129.255 8.378
202512 8.443 129.361 8.567
202603 8.695 131.258 8.695

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 2.16 mean?
Bilfinger SE (BFLBY) has a Cyclically Adjusted PB Ratio of 2.16 as of Aug. 06, 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 Bilfinger SE and its competitors. This is 154% above median its historical median of 0.85. Over the past decade, Bilfinger SE's Cyclically Adjusted PB Ratio has ranged from 0.33 to 3.42. According to the industry distribution chart, Bilfinger SE ranks #970 out of 1346 companies in the Construction industry, placing it in the top 72.1%.
Is Bilfinger SE's Cyclically Adjusted PB Ratio too high?
Bilfinger SE's current Cyclically Adjusted PB Ratio of 2.16 is 154% above median its 10-year median of 0.85. Over the past 10 years, this metric has ranged from a low of 0.33 to a high of 3.42. The Construction industry median Cyclically Adjusted PB Ratio is 1.14. Bilfinger SE's value of 2.16 is 89.5% above this industry median. Based on the distribution chart, Bilfinger SE ranks #970 out of 1346 companies in the Construction industry, which is below the industry midpoint. Overall, Bilfinger SE has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bilfinger SE's Cyclically Adjusted PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Bilfinger SE ranks #970 out of 1346 companies for Cyclically Adjusted PB Ratio. This places Bilfinger SE in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.14. Bilfinger SE's value of 2.16 is 89.5% above this benchmark. Historically, Bilfinger SE's own Cyclically Adjusted PB Ratio has ranged from 0.33 to 3.42 over the past decade. While the company's 10-year median is 0.85 vs. the industry median of 1.14, Bilfinger SE 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 Construction company?
The median Cyclically Adjusted PB Ratio among Construction companies is 1.14, based on 1,346 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. Bilfinger SE's current Cyclically Adjusted PB Ratio of 2.16 is 89.5% 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 Bilfinger SE and its competitors. For the Construction industry, the median Cyclically Adjusted PB Ratio is 1.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bilfinger SE's current Cyclically Adjusted PB Ratio is 2.16, which is 154% above median its own 10-year median of 0.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bilfinger SE stock overvalued right now?
Based on GuruFocus' analysis, Bilfinger SE (BFLBY) is currently considered Significantly Overvalued. The stock's GF Value™ is $13.56, compared to a current price of $18.32 — trading 35.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.16, which is 154% above median its 10-year median of 0.85 and 89.5% above the Construction industry median of 1.14. Bilfinger SE's overall GF Score™ is 70/100 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 Bilfinger SE (BFLBY), the current Cyclically Adjusted PB Ratio is 2.16 as of Aug. 06, 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 Bilfinger SE (BFLBY) Overvalued in 2026?

Based on GuruFocus' analysis, Bilfinger SE stock appears to be overvalued. The current stock price of $18.32 is trading 35.1% above its estimated GF Value™ of $13.56. GuruFocus considers Bilfinger SE to be Significantly Overvalued.

Key valuation signals for BFLBY:

  • Cyclically Adjusted PB Ratio: 2.16 (154% above median its 10-year median of 0.85)
  • GF Value™: $13.56 vs. price of $18.32 (35.1% above fair value)
  • GF Score™: 70/100 with 1 warning sign
  • Industry Position: 89.5% above the Construction median (#970 of 1346)

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


Bilfinger SE Business Description

Address Oskar-Meixner-Street 1, Mannheim, BW, DEU, 68163
Bilfinger SE is an international industrial services provider. It delivers customized engineering services to customers in the chemical, pharmaceutical, energy, oil, and gas markets. Its product portfolio attempts to cover the entire value chain, from consulting and planning to installation and maintenance. Bilfinger has three operating segments: Engineering & Maintenance Europe, Engineering & Maintenance International, and Technologies.
70GF 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.

$18.32
Price
$13.56
GF Value