Accentis NV (CHIX:ACCBB) Cyclically Adjusted PB Ratio: (As of Sep. 21, 2026)

Author: Vera Yuan Vera Yuan
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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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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.

What is Accentis NV Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Accentis NV  (CHIX:ACCBb) 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.


Accentis NV Cyclically Adjusted PB Ratio Related Terms


Accentis NV Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Accentis NV'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.

Accentis NV Cyclically Adjusted PB Ratio Chart

Accentis NV 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 1.02 0.94 0.96 0.96 0.96

Accentis NV 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 0.98 0.98 0.98 1.00 0.98

CHIX:ACCBB vs CBRE, BEKE, JLL: Cyclically Adjusted PB Ratio Comparison

For the Real Estate Services subindustry, Accentis NV'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.


Accentis NV Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Accentis NV's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Accentis NV 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.

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

For example, Accentis NV'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)
=0.032/135.0800*135.0800
=0.032

Current CPI (Dec25) = 135.0800.

Accentis NV Annual Data

Book Value per Share CPI Adj_Book
201612 0.039 102.614 0.051
201712 0.042 104.804 0.054
201812 0.048 107.252 0.060
201912 0.054 108.065 0.067
202012 0.059 108.511 0.073
202112 0.072 114.705 0.085
202212 0.028 126.578 0.030
202312 0.030 128.292 0.032
202412 0.031 132.346 0.032
202512 0.032 135.080 0.032

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.


Accentis NV Business Description

Address Noorderlaan 139/3V, Antwerpen, BEL, 2030
Accentis NV operates in the real estate sector. The company owns and manages industrial and semi-industrial real estate properties, mainly in Belgium and Germany. The company aims to maximize the value of its portfolio, by optimizing the recurrent rent income on the one hand, and by active portfolio and risk management on the other.