Bertrandt AG (CHIX:BDTD) Cyclically Adjusted PB Ratio: 0.41 (As of Sep. 13, 2026) — 72% Below Median

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CHIX:BDTD Bertrandt AG CHIX:BDTD
51 GF Score
Price €50.60
GF Value €104.68
! 2 Warning Signs
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What is Bertrandt AG Cyclically Adjusted PB Ratio?

Bertrandt AG CHIX:BDTD 51 Cyclically Adjusted PB Ratio is 0.41 as of Sep. 13, 2026, which is 72% below its 10-year median of 1.45. GuruFocus rates CHIX:BDTD with a GF Score™ of 51/100 and a GF Value™ of €104.68. The stock has 2 warning signs investors should review. Among 926 Vehicles & Parts companies, Bertrandt AG ranks better than 95.36% on this metric.

As of today (2026-09-13), Bertrandt AG's current share price is €50.60. Bertrandt AG's Cyclically Adjusted Book per Share for the fiscal year that ended in Sep25 was €123.91. Bertrandt AG's Cyclically Adjusted PB Ratio for today is 0.41.

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

CHIX:BDTd' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.19   Med: 1.45   Max: 4.86
Current: 0.19

During the past 13 years, Bertrandt AG's highest Cyclically Adjusted PB Ratio was 4.86. The lowest was 0.19. And the median was 1.45.

CHIX:BDTd's Cyclically Adjusted PB Ratio is ranked better than
95.36% of 926 companies
in the Vehicles & Parts industry
Industry Median: 1.21 vs CHIX:BDTd: 0.19

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.

Bertrandt AG's adjusted book value per share data of for the fiscal year that ended in Sep25 was €30.385. 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 €123.91 for the trailing ten years ended in Sep25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bertrandt AG  (CHIX:BDTd) 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.


Bertrandt AG Cyclically Adjusted PB Ratio Related Terms


Bertrandt AG Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Bertrandt 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.

Bertrandt AG Cyclically Adjusted PB Ratio Chart

Bertrandt AG Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.45 0.85 1.02 0.46 0.41

Bertrandt AG Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 1.04 0.46 0.51 0.41 0.32

CHIX:BDTD vs ORLY, AZO, GPC: Cyclically Adjusted PB Ratio Comparison

For the Auto Parts subindustry, Bertrandt 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.


Bertrandt AG Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Bertrandt AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


CHIX:BDTD
51GF Score
Bertrandt AG CHIX:BDTD
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bertrandt 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=50.60/123.91
=0.41

* 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.

Bertrandt AG's Cyclically Adjusted Book per Share for the fiscal year that ended in Sep25 is calculated as:

For example, Bertrandt AG's adjusted Book Value per Share data for the fiscal year that ended in Sep25 was:

Adj_Book=Book Value per Share/CPI of Sep25 (Change)*Current CPI (Sep25)
=30.385/129.2552*129.2552
=30.385

Current CPI (Sep25) = 129.2552.

Bertrandt AG Annual Data

Book Value per Share CPI Adj_Book
201609 35.471 101.017 45.387
201709 37.297 102.717 46.933
201809 39.325 104.718 48.540
201909 41.277 106.018 50.324
202009 39.963 105.818 48.814
202109 40.498 109.435 47.833
202209 42.757 118.818 46.513
202309 44.986 124.195 46.819
202409 35.992 126.198 36.864
202509 30.385 129.255 30.385

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 0.41 mean?
Bertrandt AG (CHIX:BDTD) has a Cyclically Adjusted PB Ratio of 0.41 as of Sep. 13, 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 Bertrandt AG and its competitors. This is 72% below median its historical median of 1.45. Over the past decade, Bertrandt AG's Cyclically Adjusted PB Ratio has ranged from 0.19 to 4.86. According to the industry distribution chart, Bertrandt AG ranks #43 out of 926 companies in the Vehicles & Parts industry, placing it in the top 4.6%.
Is Bertrandt AG's Cyclically Adjusted PB Ratio too high?
Bertrandt AG's current Cyclically Adjusted PB Ratio of 0.41 is 72% below median its 10-year median of 1.45. Over the past 10 years, this metric has ranged from a low of 0.19 to a high of 4.86. The Vehicles & Parts industry median Cyclically Adjusted PB Ratio is 1.21. Bertrandt AG's value of 0.41 is 66.1% below this industry median. Based on the distribution chart, Bertrandt AG ranks #43 out of 926 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Bertrandt AG has a GF Score™ of 51/100, reflecting its overall financial health beyond just this single metric.
How does Bertrandt AG's Cyclically Adjusted PB Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Bertrandt AG ranks #43 out of 926 companies for Cyclically Adjusted PB Ratio. This places Bertrandt AG in the top 5% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.21. Bertrandt AG's value of 0.41 is 66.1% below this benchmark. Historically, Bertrandt AG's own Cyclically Adjusted PB Ratio has ranged from 0.19 to 4.86 over the past decade. While the company's 10-year median is 1.45 vs. the industry median of 1.21, Bertrandt 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 Vehicles & Parts company?
The median Cyclically Adjusted PB Ratio among Vehicles & Parts companies is 1.21, based on 926 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. Bertrandt AG's current Cyclically Adjusted PB Ratio of 0.41 is 66.1% 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 Bertrandt AG and its competitors. For the Vehicles & Parts industry, the median Cyclically Adjusted PB Ratio is 1.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bertrandt AG's current Cyclically Adjusted PB Ratio is 0.41, which is 72% below median its own 10-year median of 1.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bertrandt AG stock overvalued right now?
Bertrandt AG (CHIX:BDTD) has a current Cyclically Adjusted PB Ratio of 0.41. The stock's GF Value™ is €104.68, compared to a current price of €50.60 — trading 51.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.41, which is 72% below median its 10-year median of 1.45 and 66.1% below the Vehicles & Parts industry median of 1.21. Bertrandt AG's overall GF Score™ is 51/100 with 2 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 Bertrandt AG (CHIX:BDTD), the current Cyclically Adjusted PB Ratio is 0.41 as of Sep. 13, 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 Bertrandt AG (CHIX:BDTD) Overvalued in 2026?

Based on GuruFocus' analysis, Bertrandt AG stock appears to be undervalued. The current stock price of €50.60 is trading 51.7% below its estimated GF Value™ of €104.68.

Key valuation signals for CHIX:BDTD:

  • Cyclically Adjusted PB Ratio: 0.41 (72% below median its 10-year median of 1.45)
  • GF Value™: €104.68 vs. price of €50.60 (51.7% below fair value)
  • GF Score™: 51/100 with 2 warning signs
  • Industry Position: 66.1% below the Vehicles & Parts median (#43 of 926)

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


Bertrandt AG Business Description

Address Birkensee 1, Ehningen, DEU, 71139
Bertrandt AG is an international engineering services provider mainly serving the automotive industry, as well as the aerospace, defence, rail, and industrial sectors. The company provides development services, including design, simulation, software and electronics development, testing, validation, and production-related services. Its activities are organized mainly into the Digital Engineering segment, which bundles vehicle and system development services, and the Physical Engineering segment, which focuses on testing, validation, and technical services. The majority of its revenue is generated from the Digital Engineering segment. The company operates in Germany and Europe, with additional operations in North America, Africa, and Asia.
51GF Score

Get the complete analysis for CHIX:BDTD

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

€50.60
Price
€104.68
GF Value