Adler Group (CHIX:ADJD) Cyclically Adjusted PB Ratio: 0.01 (As of Jul. 16, 2026) — Near Median

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CHIX:ADJD Adler Group SA CHIX:ADJD
38 GF Score
Price €0.17
GF Value €0.31
! 3 Warning Signs
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What is Adler Group Cyclically Adjusted PB Ratio?

Adler Group CHIX:ADJD 38 Cyclically Adjusted PB Ratio is 0.01 as of Jul. 16, 2026, which is at its 10-year median of 0.01. GuruFocus rates CHIX:ADJD with a GF Score™ of 38/100 and a GF Value™ of €0.31. The stock has 3 warning signs investors should review. Among 1,437 Real Estate companies, Adler Group ranks worse than 69589.35% on this metric.

As of today (2026-07-16), Adler Group's current share price is €0.1672. Adler Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €30.02. Adler Group's Cyclically Adjusted PB Ratio for today is 0.01.

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

During the past years, Adler Group's highest Cyclically Adjusted PB Ratio was 0.02. The lowest was 0.01. And the median was 0.01.

CHIX:ADJd's Cyclically Adjusted PB Ratio is not ranked *
in the Real Estate industry.
Industry Median: 0.71
* Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.

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.

Adler Group's adjusted book value per share data for the three months ended in Mar. 2026 was €5.481. 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 €30.02 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Adler Group  (CHIX:ADJd) 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.


Adler Group Cyclically Adjusted PB Ratio Related Terms


Adler Group Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Adler Group'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.

Adler Group Cyclically Adjusted PB Ratio Chart

Adler Group 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 0.02 0.01 0.01

Adler Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.01 0.01 0.01 0.01 0.01

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

For the Real Estate Services subindustry, Adler Group'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.


Adler Group Cyclically Adjusted PB Ratio vs Real Estate Industry

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

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


CHIX:ADJD
38GF Score
Adler Group SA CHIX:ADJD
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Adler Group 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.1672/30.02
=0.01

* 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.

Adler Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Adler Group's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=5.481/127.1600*127.1600
=5.481

Current CPI (Mar. 2026) = 127.1600.

Adler Group Quarterly Data

Book Value per Share CPI Adj_Book
201606 22.433 100.660 28.339
201609 23.587 100.750 29.770
201612 28.987 101.040 36.480
201703 29.213 101.780 36.498
201706 31.595 102.170 39.323
201709 31.536 102.520 39.115
201712 35.599 102.410 44.202
201803 35.850 102.900 44.302
201806 38.792 103.650 47.591
201809 39.085 104.580 47.524
201812 42.614 104.320 51.944
201903 42.800 105.140 51.764
201906 46.811 105.550 56.395
201909 48.196 105.900 57.872
201912 52.367 106.080 62.773
202003 50.828 106.040 60.951
202006 40.567 106.340 48.509
202009 36.022 106.620 42.962
202012 35.110 106.670 41.854
202103 36.474 108.140 42.889
202106 37.673 108.680 44.079
202109 37.795 109.470 43.903
202112 25.448 111.090 29.129
202203 25.392 114.780 28.131
202206 20.327 116.750 22.139
202209 19.009 117.000 20.660
202212 12.060 117.060 13.101
202303 11.445 118.910 12.239
202306 2.958 120.460 3.123
202309 1.570 121.740 1.640
202312 -1.509 121.170 -1.584
202403 -2.071 122.590 -2.148
202406 -4.764 123.120 -4.920
202409 13.248 123.300 13.663
202412 8.750 122.430 9.088
202503 7.692 124.210 7.875
202506 6.422 125.820 6.490
202509 5.727 126.570 5.754
202512 5.549 126.180 5.592
202603 5.481 127.160 5.481

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 0.01 mean?
Adler Group (CHIX:ADJD) has a Cyclically Adjusted PB Ratio of 0.01 as of Jul. 16, 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 Adler Group and its competitors. This is near median its historical median of 0.01. Over the past decade, Adler Group's Cyclically Adjusted PB Ratio has ranged from 0.01 to 0.02. According to the industry distribution chart, Adler Group ranks #999999 out of 1437 companies in the Real Estate industry.
Is Adler Group's Cyclically Adjusted PB Ratio too high?
Adler Group's current Cyclically Adjusted PB Ratio of 0.01 is near median its 10-year median of 0.01. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.02. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.71. Adler Group's value of 0.01 is 98.6% below this industry median. Based on the distribution chart, Adler Group ranks #999999 out of 1437 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Adler Group has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does Adler Group's Cyclically Adjusted PB Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Adler Group ranks #999999 out of 1437 companies for Cyclically Adjusted PB Ratio. This places Adler Group in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.71. Adler Group's value of 0.01 is 98.6% below this benchmark. Historically, Adler Group's own Cyclically Adjusted PB Ratio has ranged from 0.01 to 0.02 over the past decade. While the company's 10-year median is 0.01 vs. the industry median of 0.71, Adler Group 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 0.71, based on 1,437 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. Adler Group's current Cyclically Adjusted PB Ratio of 0.01 is 98.6% 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 Adler Group and its competitors. For the Real Estate industry, the median Cyclically Adjusted PB Ratio is 0.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Adler Group's current Cyclically Adjusted PB Ratio is 0.01, which is near median its own 10-year median of 0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adler Group stock overvalued right now?
Adler Group (CHIX:ADJD) has a current Cyclically Adjusted PB Ratio of 0.01. The stock's GF Value™ is €0.31, compared to a current price of €0.17 — trading 46.1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.01, which is near median its 10-year median of 0.01 and 98.6% below the Real Estate industry median of 0.71. Adler Group's overall GF Score™ is 38/100 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 Adler Group (CHIX:ADJD), the current Cyclically Adjusted PB Ratio is 0.01 as of Jul. 16, 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 Adler Group (CHIX:ADJD) Overvalued in 2026?

Based on GuruFocus' analysis, Adler Group stock appears to be undervalued. The current stock price of €0.17 is trading 46.1% below its estimated GF Value™ of €0.31.

Key valuation signals for CHIX:ADJD:

  • Cyclically Adjusted PB Ratio: 0.01 (near median its 10-year median of 0.01)
  • GF Value™: €0.31 vs. price of €0.17 (46.1% below fair value)
  • GF Score™: 38/100 with 3 warning signs
  • Industry Position: 98.6% below the Real Estate median (#999999 of 1437)

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


Adler Group Business Description

Address 55 Allee Scheffer, Grand Duchy of Luxembourg, LUX, L-2520
Adler Group SA is a company specialized and focused on the purchase, management, and development of income-producing multi-family residential real estate. The portfolio of the company and its subsidiaries is situated in or on the outskirts of urban areas such as Berlin. The company operates in Germany. Its segment include: Residential property management; Privatization; Adler RE; and Consus. It derives maximum revenue from Residential property management segment.
38GF 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.

€0.17
Price
€0.31
GF Value