CCYNF (Cyan AG) Cyclically Adjusted PB Ratio: 0.53 (As of Jul. 12, 2026) — 20% Below Median


CCYNF Cyan AG CCYNF
67 GF Score
Price $3.22
GF Value $6.24
! 3 Warning Signs
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What is Cyan AG Cyclically Adjusted PB Ratio?

Cyan AG CCYNF 67 Cyclically Adjusted PB Ratio is 0.53 as of Jul. 12, 2026, which is 20% below its 10-year median of 0.66. GuruFocus rates CCYNF with a GF Score™ of 67/100 and a GF Value™ of $6.24. The stock has 3 warning signs investors should review. Among 1,598 Software companies, Cyan AG ranks better than 86.86% on this metric.

As of today (2026-07-12), Cyan AG's current share price is $3.2234. Cyan AG's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was $6.12. Cyan AG's Cyclically Adjusted PB Ratio for today is 0.53.

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

CCYNF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.3   Med: 0.66   Max: 0.89
Current: 0.49

During the past 12 years, Cyan AG's highest Cyclically Adjusted PB Ratio was 0.89. The lowest was 0.30. And the median was 0.66.

CCYNF's Cyclically Adjusted PB Ratio is ranked better than
86.86% of 1598 companies
in the Software industry
Industry Median: 2.325 vs CCYNF: 0.49

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.

Cyan AG's adjusted book value per share data of for the fiscal year that ended in Dec25 was $1.481. 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 $6.12 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cyan AG  (OTCPK:CCYNF) 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.


Cyan AG Cyclically Adjusted PB Ratio Related Terms


Cyan AG Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Cyan AG'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.

Cyan AG Cyclically Adjusted PB Ratio Chart

Cyan AG 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 0.27 0.73 0.53

Cyan AG 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 0.27 0.00 0.73 0.00 0.53

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

For the Software - Infrastructure subindustry, Cyan AG'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.


Cyan AG Cyclically Adjusted PB Ratio vs Software Industry

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

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


CCYNF
67GF Score
Cyan AG CCYNF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Cyan AG 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.

Cyan AG's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.2234/6.12
=0.53

* 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.

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

For example, Cyan AG'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)
=1.481/129.3606*129.3606
=1.481

Current CPI (Dec25) = 129.3606.

Cyan AG Annual Data

Book Value per Share CPI Adj_Book
201612 0.004 101.217 0.005
201712 0.627 102.617 0.790
201812 6.158 104.217 7.644
201912 8.919 105.818 10.903
202012 8.639 105.518 10.591
202112 4.288 110.384 5.025
202212 2.839 119.345 3.077
202312 1.727 123.773 1.805
202412 1.457 127.041 1.484
202512 1.481 129.361 1.481

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 0.53 mean?
Cyan AG (CCYNF) has a Cyclically Adjusted PB Ratio of 0.53 as of Jul. 12, 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 Cyan AG and its competitors. This is 20% below median its historical median of 0.66. Over the past decade, Cyan AG's Cyclically Adjusted PB Ratio has ranged from 0.30 to 0.89. According to the industry distribution chart, Cyan AG ranks #210 out of 1598 companies in the Software industry, placing it in the top 13.1%.
Is Cyan AG's Cyclically Adjusted PB Ratio too high?
Cyan AG's current Cyclically Adjusted PB Ratio of 0.53 is 20% below median its 10-year median of 0.66. Over the past 10 years, this metric has ranged from a low of 0.30 to a high of 0.89. The Software industry median Cyclically Adjusted PB Ratio is 2.33. Cyan AG's value of 0.53 is 77.2% below this industry median. Based on the distribution chart, Cyan AG ranks #210 out of 1598 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Cyan AG has a GF Score™ of 67/100, reflecting its overall financial health beyond just this single metric.
How does Cyan AG's Cyclically Adjusted PB Ratio compare to MSFT and ORCL?
According to the Software industry distribution chart, Cyan AG ranks #210 out of 1598 companies for Cyclically Adjusted PB Ratio. This places Cyan AG in the top 13% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 2.33. Cyan AG's value of 0.53 is 77.2% below this benchmark. Historically, Cyan AG's own Cyclically Adjusted PB Ratio has ranged from 0.30 to 0.89 over the past decade. While the company's 10-year median is 0.66 vs. the industry median of 2.33, Cyan AG has consistently been below 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 2.33, based on 1,598 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. Cyan AG's current Cyclically Adjusted PB Ratio of 0.53 is 77.2% below 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 Cyan AG and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cyan AG's current Cyclically Adjusted PB Ratio is 0.53, which is 20% below median its own 10-year median of 0.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cyan AG stock overvalued right now?
Cyan AG (CCYNF) has a current Cyclically Adjusted PB Ratio of 0.53. The stock's GF Value™ is $6.24, compared to a current price of $3.22 — trading 48.3% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.53, which is 20% below median its 10-year median of 0.66 and 77.2% below the Software industry median of 2.33. Cyan AG's overall GF Score™ is 67/100 with 3 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 Cyan AG (CCYNF), the current Cyclically Adjusted PB Ratio is 0.53 as of Jul. 12, 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 Cyan AG (CCYNF) Overvalued in 2026?

Based on GuruFocus' analysis, Cyan AG stock appears to be undervalued. The current stock price of $3.22 is trading 48.3% below its estimated GF Value™ of $6.24.

Key valuation signals for CCYNF:

  • Cyclically Adjusted PB Ratio: 0.53 (20% below median its 10-year median of 0.66)
  • GF Value™: $6.24 vs. price of $3.22 (48.3% below fair value)
  • GF Score™: 67/100 with 3 warning signs
  • Industry Position: 77.2% below the Software median (#210 of 1598)

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


Cyan AG Business Description

Other Exchanges CYR:Germany
Address Josephspitalstrasse 15, Munich, DEU, 80331
Cyan AG offers cybersecurity solutions for end customers of mobile network operators (MNOS) and mobile virtual network operators (MVNOs). Its solutions are Threat Intelligence, Network Solutions, Endpoint Solutions, and SMB Solutions.
67GF 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.

$3.22
Price
$6.24
GF Value