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Turism Hoteluri Restaurante Marea NeagraBSE:EFO 47 Cyclically Adjusted PB Ratio is 1.40 as of Aug. 14, 2026, which is 79% above its 10-year median of 0.78. GuruFocus rates BSE:EFO with a GF Score™ of 47/100 and a GF Value™ of lei0.57 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 639 Travel & Leisure companies, Turism Hoteluri Restaurante Marea Neagra ranks worse than 53.83% on this metric.
BSE:EFO's Cyclically Adjusted PB Ratio is ranked worse than 53.83% of 639
companies
in the Travel & Leisure industry
Industry Median: 1.2
vs BSE:EFO: 1.40
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.
Turism Hoteluri Restaurante Marea Neagra's adjusted book value per share data for the three months ended in Mar. 2026 was lei0.960. 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 lei0.64 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Turism Hoteluri Restaurante Marea Neagra (BSE:EFO) 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.
Turism Hoteluri Restaurante Marea Neagra Cyclically Adjusted PB Ratio Related Terms
Turism Hoteluri Restaurante Marea Neagra Cyclically Adjusted PB Ratio Historical Data
* 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.
Turism Hoteluri Restaurante Marea Neagra Cyclically Adjusted PB Ratio Chart
Turism Hoteluri Restaurante Marea Neagra Annual Data
BSE:EFO vs LVS, MGM, WYNN: Cyclically Adjusted PB Ratio Comparison
For the Resorts & Casinos subindustry, Turism Hoteluri Restaurante Marea Neagra'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.
Turism Hoteluri Restaurante Marea Neagra Cyclically Adjusted PB Ratio vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Turism Hoteluri Restaurante Marea Neagra's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Turism Hoteluri Restaurante Marea Neagra's Cyclically Adjusted PB Ratio falls into.
Turism Hoteluri Restaurante Marea Neagra 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.
* 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.
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 1.40 mean?
Turism Hoteluri Restaurante Marea Neagra (BSE:EFO) has a Cyclically Adjusted PB Ratio of 1.40 as of Aug. 14, 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 Turism Hoteluri Restaurante Marea Neagra and its competitors. This is 79% above median its historical median of 0.78. Over the past decade, Turism Hoteluri Restaurante Marea Neagra's Cyclically Adjusted PB Ratio has ranged from 0.37 to 1.40. According to the industry distribution chart, Turism Hoteluri Restaurante Marea Neagra ranks #344 out of 639 companies in the Travel & Leisure industry, placing it in the top 53.8%.
Is Turism Hoteluri Restaurante Marea Neagra's Cyclically Adjusted PB Ratio too high?
Turism Hoteluri Restaurante Marea Neagra's current Cyclically Adjusted PB Ratio of 1.40 is 79% above median its 10-year median of 0.78. Over the past 10 years, this metric has ranged from a low of 0.37 to a high of 1.40. The Travel & Leisure industry median Cyclically Adjusted PB Ratio is 1.20. Turism Hoteluri Restaurante Marea Neagra's value of 1.40 is 16.7% above this industry median. Based on the distribution chart, Turism Hoteluri Restaurante Marea Neagra ranks #344 out of 639 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Turism Hoteluri Restaurante Marea Neagra has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Turism Hoteluri Restaurante Marea Neagra's Cyclically Adjusted PB Ratio compare to LVS and MGM?
According to the Travel & Leisure industry distribution chart, Turism Hoteluri Restaurante Marea Neagra ranks #344 out of 639 companies for Cyclically Adjusted PB Ratio. This places Turism Hoteluri Restaurante Marea Neagra in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.20. Turism Hoteluri Restaurante Marea Neagra's value of 1.40 is 16.7% above this benchmark. Historically, Turism Hoteluri Restaurante Marea Neagra's own Cyclically Adjusted PB Ratio has ranged from 0.37 to 1.40 over the past decade. While the company's 10-year median is 0.78 vs. the industry median of 1.20, Turism Hoteluri Restaurante Marea Neagra 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 Travel & Leisure company?
The median Cyclically Adjusted PB Ratio among Travel & Leisure companies is 1.20, based on 639 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. Turism Hoteluri Restaurante Marea Neagra's current Cyclically Adjusted PB Ratio of 1.40 is 16.7% 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 Turism Hoteluri Restaurante Marea Neagra and its competitors. For the Travel & Leisure industry, the median Cyclically Adjusted PB Ratio is 1.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Turism Hoteluri Restaurante Marea Neagra's current Cyclically Adjusted PB Ratio is 1.40, which is 79% above median its own 10-year median of 0.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Turism Hoteluri Restaurante Marea Neagra stock overvalued right now?
Based on GuruFocus' analysis, Turism Hoteluri Restaurante Marea Neagra (BSE:EFO) is currently considered Significantly Overvalued. The stock's GF Value™ is lei0.57, compared to a current price of lei0.90 — trading 57% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.40, which is 79% above median its 10-year median of 0.78 and 16.7% above the Travel & Leisure industry median of 1.20. Turism Hoteluri Restaurante Marea Neagra's overall GF Score™ is 47/100 with 6 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 Turism Hoteluri Restaurante Marea Neagra (BSE:EFO), the current Cyclically Adjusted PB Ratio is 1.40 as of Aug. 14, 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 Turism Hoteluri Restaurante Marea Neagra (BSE:EFO) Overvalued in 2026?
Based on GuruFocus' analysis, Turism Hoteluri Restaurante Marea Neagra stock appears to be overvalued.
The current stock price of lei0.90 is trading 57% above its estimated GF Value™ of lei0.57.
GuruFocus considers Turism Hoteluri Restaurante Marea Neagra to be Significantly Overvalued.
Key valuation signals for BSE:EFO:
Cyclically Adjusted PB Ratio: 1.40 (79% above median its 10-year median of 0.78)
GF Value™: lei0.57 vs. price of lei0.90 (57% above fair value)
Industry Position: 16.7% above the Travel & Leisure median (#344 of 639)
No single metric tells the full story. See the BSE:EFO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Turism Hoteluri Restaurante Marea Neagra SA is engaged in providing tourist services. It provides resort and various types of accommodation and food services in the resorts and hotels of Black Sea resorts of Eforie Nord, Eforie Sud, Venus and Saturn. The services provided by the company are completed by the health and treatment offers in spa units situated in Bran-Brad-Bega, Balada, Hora, and Sirena. Geographically the operations are carried out through the region of Romania.
47GF Score
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