Pensum Group ZRT (BUD:PENSUM) Cyclically Adjusted PB Ratio: 15.52 (As of Sep. 08, 2026) — 16% Below Median

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BUD:PENSUM Pensum Group ZRT BUD:PENSUM
82 GF Score
Price Ft1,820.00
GF Value Ft3,471.03
Valuation Significantly Undervalued
! 8 Warning Signs
View Full Analysis

What is Pensum Group ZRT Cyclically Adjusted PB Ratio?

Pensum Group ZRT BUD:PENSUM -19.47% 82 Cyclically Adjusted PB Ratio is 15.52 as of Sep. 08, 2026, which is 16% below its 10-year median of 18.41. GuruFocus rates BUD:PENSUM with a GF Score™ of 82/100 and a GF Value™ of Ft3,471.03 (Significantly Undervalued). The stock has 8 warning signs investors should review. Among 688 Business Services companies, Pensum Group ZRT ranks worse than 98.98% on this metric.

As of today (2026-09-08), Pensum Group ZRT's current share price is Ft1820.00. Pensum Group ZRT's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was Ft117.30. Pensum Group ZRT's Cyclically Adjusted PB Ratio for today is 15.52.

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

BUD:PENSUM' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 15.86   Med: 18.41   Max: 19.27
Current: 19.27

During the past 10 years, Pensum Group ZRT's highest Cyclically Adjusted PB Ratio was 19.27. The lowest was 15.86. And the median was 18.41.

BUD:PENSUM's Cyclically Adjusted PB Ratio is ranked worse than
98.98% of 688 companies
in the Business Services industry
Industry Median: 1.54 vs BUD:PENSUM: 19.27

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.

Pensum Group ZRT's adjusted book value per share data of for the fiscal year that ended in Dec25 was Ft254.735. 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 Ft117.30 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pensum Group ZRT  (BUD:PENSUM) 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.


Pensum Group ZRT Cyclically Adjusted PB Ratio Related Terms


Pensum Group ZRT Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Pensum Group ZRT'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.

Pensum Group ZRT Cyclically Adjusted PB Ratio Chart

Pensum Group ZRT 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 0.00 18.41

Pensum Group ZRT Semi-Annual Data
Dec16 Dec17 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 0.00 0.00 0.00 0.00 18.41

BUD:PENSUM vs RHI, KFY, TNET: Cyclically Adjusted PB Ratio Comparison

For the Staffing & Employment Services subindustry, Pensum Group ZRT'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.


Pensum Group ZRT Cyclically Adjusted PB Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, Pensum Group ZRT's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BUD:PENSUM
82GF Score
Pensum Group ZRT BUD:PENSUM
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pensum Group ZRT 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.

Pensum Group ZRT's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1820.00/117.30
=15.52

* 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.

Pensum Group ZRT's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Pensum Group ZRT'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)
=254.735/173.2800*173.2800
=254.735

Current CPI (Dec25) = 173.2800.

Pensum Group ZRT Annual Data

Book Value per Share CPI Adj_Book
201612 16.415 101.406 28.049
201712 52.626 103.627 87.999
201812 25.379 106.440 41.316
201912 42.156 110.659 66.012
202012 28.520 113.694 43.467
202112 83.416 122.058 118.422
202212 101.537 152.036 115.725
202312 143.072 160.400 154.561
202412 254.446 167.802 262.753
202512 254.735 173.280 254.735

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 15.52 mean?
Pensum Group ZRT (BUD:PENSUM) has a Cyclically Adjusted PB Ratio of 15.52 as of Sep. 08, 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 Pensum Group ZRT and its competitors. This is 16% below median its historical median of 18.41. Over the past decade, Pensum Group ZRT's Cyclically Adjusted PB Ratio has ranged from 15.86 to 19.27. According to the industry distribution chart, Pensum Group ZRT ranks #681 out of 688 companies in the Business Services industry, placing it in the top 99%.
Is Pensum Group ZRT's Cyclically Adjusted PB Ratio too high?
Pensum Group ZRT's current Cyclically Adjusted PB Ratio of 15.52 is 16% below median its 10-year median of 18.41. Over the past 10 years, this metric has ranged from a low of 15.86 to a high of 19.27. The Business Services industry median Cyclically Adjusted PB Ratio is 1.54. Pensum Group ZRT's value of 15.52 is 907.8% above this industry median. Based on the distribution chart, Pensum Group ZRT ranks #681 out of 688 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Pensum Group ZRT has a GF Score™ of 82/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Pensum Group ZRT's Cyclically Adjusted PB Ratio compare to RHI and KFY?
According to the Business Services industry distribution chart, Pensum Group ZRT ranks #681 out of 688 companies for Cyclically Adjusted PB Ratio. This places Pensum Group ZRT in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.54. Pensum Group ZRT's value of 15.52 is 907.8% above this benchmark. Historically, Pensum Group ZRT's own Cyclically Adjusted PB Ratio has ranged from 15.86 to 19.27 over the past decade. While the company's 10-year median is 18.41 vs. the industry median of 1.54, Pensum Group ZRT 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 Business Services company?
The median Cyclically Adjusted PB Ratio among Business Services companies is 1.54, based on 688 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. Pensum Group ZRT's current Cyclically Adjusted PB Ratio of 15.52 is 907.8% 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 Pensum Group ZRT and its competitors. For the Business Services industry, the median Cyclically Adjusted PB Ratio is 1.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pensum Group ZRT's current Cyclically Adjusted PB Ratio is 15.52, which is 16% below median its own 10-year median of 18.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pensum Group ZRT stock overvalued right now?
Based on GuruFocus' analysis, Pensum Group ZRT (BUD:PENSUM) is currently considered Significantly Undervalued. The stock's GF Value™ is Ft3,471.03, compared to a current price of Ft1,820.00 — trading 47.6% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 15.52, which is 16% below median its 10-year median of 18.41 and 907.8% above the Business Services industry median of 1.54. Pensum Group ZRT's overall GF Score™ is 82/100 with 8 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 Pensum Group ZRT (BUD:PENSUM), the current Cyclically Adjusted PB Ratio is 15.52 as of Sep. 08, 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 Pensum Group ZRT (BUD:PENSUM) Overvalued in 2026?

Based on GuruFocus' analysis, Pensum Group ZRT stock appears to be undervalued. The current stock price of Ft1,820.00 is trading 47.6% below its estimated GF Value™ of Ft3,471.03. GuruFocus considers Pensum Group ZRT to be Significantly Undervalued.

Key valuation signals for BUD:PENSUM:

  • Cyclically Adjusted PB Ratio: 15.52 (16% below median its 10-year median of 18.41)
  • GF Value™: Ft3,471.03 vs. price of Ft1,820.00 (47.6% below fair value)
  • GF Score™: 82/100 with 8 warning signs
  • Industry Position: 907.8% above the Business Services median (#681 of 688)

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


Pensum Group ZRT Business Description

Address Kossuth Lajos utca 103, Csomad, Budapest, HUN, H-2161
Pensum Group ZRT is a provider of human resource services in Hungary. Its service portfolio includes domestic and foreign staffing, outsourcing, and recruitment. The company offers services to Hungary, Austria and Germany.
82GF Score

Get the complete analysis for BUD:PENSUM

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

Ft1,820.00
Price
Ft3,471.03
GF Value