Accentis NV (CHIX:ACCBB) Cyclically Adjusted PB Ratio: 0.50 (As of Aug. 10, 2026) — 19% Below Median

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.

What is Accentis NV Cyclically Adjusted PB Ratio?

Accentis NV CHIX:ACCBB Cyclically Adjusted PB Ratio is 0.50 as of Aug. 10, 2026, which is 19% below its 10-year median of 0.62. The stock has 3 warning signs investors should review. Among 1,412 Real Estate companies, Accentis NV ranks better than 62.04% on this metric.

As of today (2026-08-10), Accentis NV's current share price is €0.05. Accentis NV's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was €0.10. Accentis NV's Cyclically Adjusted PB Ratio for today is 0.50.

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

CHIX:ACCBb' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.3   Med: 0.62   Max: 1.95
Current: 0.49

During the past 13 years, Accentis NV's highest Cyclically Adjusted PB Ratio was 1.95. The lowest was 0.30. And the median was 0.62.

CHIX:ACCBb's Cyclically Adjusted PB Ratio is ranked better than
62.04% of 1412 companies
in the Real Estate industry
Industry Median: 0.69 vs CHIX:ACCBb: 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.

Accentis NV's adjusted book value per share data of for the fiscal year that ended in Dec25 was €0.032. 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 €0.10 for the trailing ten years ended in Dec25.

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 1.31 0.62 0.54 0.54 0.48

Accentis NV 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 0.54 0.00 0.54 0.00 0.48

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 PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.05/0.10
=0.50

* 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'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)
=0.032/135.0700*135.0700
=0.032

Current CPI (Dec25) = 135.0700.

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 0.032 135.070 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.

What does a Cyclically Adjusted PB Ratio of 0.50 mean?
Accentis NV (CHIX:ACCBB) has a Cyclically Adjusted PB Ratio of 0.50 as of Aug. 10, 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 Accentis NV and its competitors. This is 19% below median its historical median of 0.62. Over the past decade, Accentis NV's Cyclically Adjusted PB Ratio has ranged from 0.30 to 1.95. According to the industry distribution chart, Accentis NV ranks #536 out of 1412 companies in the Real Estate industry, placing it in the top 38%.
Is Accentis NV's Cyclically Adjusted PB Ratio too high?
Accentis NV's current Cyclically Adjusted PB Ratio of 0.50 is 19% below median its 10-year median of 0.62. Over the past 10 years, this metric has ranged from a low of 0.30 to a high of 1.95. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.69. Accentis NV's value of 0.50 is 27.5% below this industry median. Based on the distribution chart, Accentis NV ranks #536 out of 1412 companies in the Real Estate industry, which is above the industry midpoint.
How does Accentis NV's Cyclically Adjusted PB Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Accentis NV ranks #536 out of 1412 companies for Cyclically Adjusted PB Ratio. This puts Accentis NV in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.69. Accentis NV's value of 0.50 is 27.5% below this benchmark. Historically, Accentis NV's own Cyclically Adjusted PB Ratio has ranged from 0.30 to 1.95 over the past decade. While the company's 10-year median is 0.62 vs. the industry median of 0.69, Accentis NV 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 Real Estate company?
The median Cyclically Adjusted PB Ratio among Real Estate companies is 0.69, based on 1,412 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. Accentis NV's current Cyclically Adjusted PB Ratio of 0.50 is 27.5% 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 Accentis NV and its competitors. For the Real Estate industry, the median Cyclically Adjusted PB Ratio is 0.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Accentis NV's current Cyclically Adjusted PB Ratio is 0.50, which is 19% below median its own 10-year median of 0.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Accentis NV stock overvalued right now?
Accentis NV (CHIX:ACCBB) has a current Cyclically Adjusted PB Ratio of 0.50. The stock's GF Value™ is €0.04, compared to a current price of €0.05 — trading 25% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.50, which is 19% below median its 10-year median of 0.62 and 27.5% below the Real Estate industry median of 0.69. 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 Accentis NV (CHIX:ACCBB), the current Cyclically Adjusted PB Ratio is 0.50 as of Aug. 10, 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.

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.