Delta Group (BUD:DELTA) Cyclically Adjusted PB Ratio: (As of Aug. 18, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
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.

BUD:DELTA Delta Group PLC BUD:DELTA
39 GF Score
Price Ft51.90
GF Value Ft45.62
Valuation Modestly Overvalued
! 1 Warning Sign
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What is Delta Group Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Delta Group  (BUD:DELTA) 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.


Delta Group Cyclically Adjusted PB Ratio Related Terms


Delta Group Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Delta 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.

Delta Group Cyclically Adjusted PB Ratio Chart

Delta Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Jun21 Jun22 Jun23 Jun24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.58 0.75 0.00 0.00 0.00

Delta Group Semi-Annual Data
Jun16 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 0.00 0.00 0.00 0.00 0.00

BUD:DELTA vs IBM, ACN, FISV: Cyclically Adjusted PB Ratio Comparison

For the Information Technology Services subindustry, Delta 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.


Delta Group Cyclically Adjusted PB Ratio vs Software Industry

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

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


BUD:DELTA
39GF Score
Delta Group PLC BUD:DELTA
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Delta 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.

Delta Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun24 is calculated as:

For example, Delta Group's adjusted Book Value per Share data for the fiscal year that ended in Jun24 was:

Adj_Book=Book Value per Share/CPI of Jun24 (Change)*Current CPI (Jun24)
=18.329/164.8409*164.8409
=18.329

Current CPI (Jun24) = 164.8409.

Delta Group Annual Data

Book Value per Share CPI Adj_Book
201412 0.774 98.816 1.291
201512 -9.328 99.704 -15.422
201612 -72.573 101.406 -117.971
201712 -81.746 103.627 -130.035
201812 0.337 106.440 0.522
201912 -0.591 110.659 -0.880
202106 10.323 118.579 14.350
202206 12.812 132.420 15.949
202306 13.231 158.993 13.718
202406 18.329 164.841 18.329

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 Delta Group (BUD:DELTA) Overvalued in 2026?

Based on GuruFocus' analysis, Delta Group stock appears to be overvalued. The current stock price of Ft51.90 is trading 13.8% above its estimated GF Value™ of Ft45.62. GuruFocus considers Delta Group to be Modestly Overvalued.

Key valuation signals for BUD:DELTA:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: Ft45.62 vs. price of Ft51.90 (13.8% above fair value)
  • GF Score™: 39/100 with 1 warning sign

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


Delta Group Business Description

Other Exchanges E8E4:Germany
Address 70-74. Robert Karoly korut, Budapest, HUN, 1134
Delta Group PLC Formerly Delta Technologies PLC is an information technology company. The company provides complex infrastructure solutions like architecture planning, networking solutions, hardware design and installation, as well as application integration.
39GF Score

Get the complete analysis for BUD:DELTA

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

Ft51.90
Price
Ft45.62
GF Value