CGEMY (Capgemini SE) Cyclically Adjusted PB Ratio: (As of Sep. 20, 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.
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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.

CGEMY Capgemini SE CGEMY
84 GF Score
Price $23.90
GF Value $38.10
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Capgemini SE Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Capgemini SE  (OTCPK:CGEMY) 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.


Capgemini SE Cyclically Adjusted PB Ratio Related Terms


Capgemini SE Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Capgemini 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.

Capgemini SE Cyclically Adjusted PB Ratio Chart

Capgemini 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 5.05 3.14 3.66 2.68 2.61

Capgemini SE Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 3.50 2.79 2.84 2.71 1.57

CGEMY vs IBM, ACN, CTSH: Cyclically Adjusted PB Ratio Comparison

For the Information Technology Services subindustry, Capgemini 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.


Capgemini SE Cyclically Adjusted PB Ratio vs Software Industry

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

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


CGEMY
84GF Score
Capgemini SE CGEMY
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Capgemini 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.

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

For example, Capgemini SE'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)
=16.152/120.8900*120.8900
=16.152

Current CPI (Dec25) = 120.8900.

Capgemini SE Annual Data

Book Value per Share CPI Adj_Book
201612 9.125 100.650 10.960
201712 9.962 101.850 11.824
201812 10.252 103.470 11.978
201912 11.182 104.980 12.877
202012 8.887 104.960 10.236
202112 11.215 107.850 12.571
202212 12.100 114.160 12.813
202312 13.508 118.390 13.793
202412 14.376 119.950 14.489
202512 16.152 120.890 16.152

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 Capgemini SE (CGEMY) Overvalued in 2026?

Based on GuruFocus' analysis, Capgemini SE stock appears to be undervalued. The current stock price of $23.90 is trading 37.3% below its estimated GF Value™ of $38.10. GuruFocus considers Capgemini SE to be Significantly Undervalued.

Key valuation signals for CGEMY:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: $38.10 vs. price of $23.90 (37.3% below fair value)
  • GF Score™: 84/100 with 3 warning signs

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


Capgemini SE Business Description

Address 11 rue de Tilsitt, Paris, FRA, 75017
Capgemini is a French IT services company with a global presence. The firm has over 450 offices globally, with more than half of its employees based in India. Capgemini provides services related to IT consulting, software application and technology services, infrastructure management, engineering research and development, and business process outsourcing.
84GF Score

Get the complete analysis for CGEMY

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

$23.90
Price
$38.10
GF Value