STRABAG SE (CHIX:STRV) Cyclically Adjusted PB Ratio: 1.94 (As of Jul. 12, 2026) — 87% Above Median


CHIX:STRV STRABAG SE CHIX:STRV
66 GF Score
Price €88.55
GF Value €39.50
Valuation Significantly Overvalued
! 4 Warning Signs
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What is STRABAG SE Cyclically Adjusted PB Ratio?

STRABAG SE CHIX:STRV 66 Cyclically Adjusted PB Ratio is 1.94 as of Jul. 12, 2026, which is 87% above its 10-year median of 1.04. GuruFocus rates CHIX:STRV with a GF Score™ of 66/100 and a GF Value™ of €39.50 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,359 Construction companies, STRABAG SE ranks worse than 65.34% on this metric.

As of today (2026-07-12), STRABAG SE's current share price is €88.55. STRABAG SE's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was €45.58. STRABAG SE's Cyclically Adjusted PB Ratio for today is 1.94.

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

CHIX:STRv' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.49   Med: 1.04   Max: 2.04
Current: 1.85

During the past 13 years, STRABAG SE's highest Cyclically Adjusted PB Ratio was 2.04. The lowest was 0.49. And the median was 1.04.

CHIX:STRv's Cyclically Adjusted PB Ratio is ranked worse than
65.34% of 1359 companies
in the Construction industry
Industry Median: 1.19 vs CHIX:STRv: 1.85

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.

STRABAG SE's adjusted book value per share data of for the fiscal year that ended in Dec25 was €49.054. 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 €45.58 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


STRABAG SE  (CHIX:STRv) 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.


STRABAG SE Cyclically Adjusted PB Ratio Related Terms


STRABAG SE Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for STRABAG 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.

STRABAG SE Cyclically Adjusted PB Ratio Chart

STRABAG 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 1.02 0.98 0.97 0.90 1.74

STRABAG SE 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 0.97 0.00 0.90 0.00 1.74

CHIX:STRV vs PWR, FIX, EME: Cyclically Adjusted PB Ratio Comparison

For the Engineering & Construction subindustry, STRABAG 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.


STRABAG SE Cyclically Adjusted PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, STRABAG SE's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


CHIX:STRV
66GF Score
STRABAG SE CHIX:STRV
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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STRABAG 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.

STRABAG SE's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=88.55/45.58
=1.94

* 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.

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

For example, STRABAG 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)
=49.054/140.3549*140.3549
=49.054

Current CPI (Dec25) = 140.3549.

STRABAG SE Annual Data

Book Value per Share CPI Adj_Book
201612 31.053 102.092 42.692
201712 32.851 104.291 44.211
201812 35.289 106.291 46.598
201912 37.253 108.091 48.373
202012 39.826 109.321 51.132
202112 39.449 113.971 48.581
202212 39.014 125.541 43.618
202312 43.988 132.570 46.571
202412 43.121 135.273 44.741
202512 49.054 140.355 49.054

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 1.94 mean?
STRABAG SE (CHIX:STRV) has a Cyclically Adjusted PB Ratio of 1.94 as of Jul. 12, 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 STRABAG SE and its competitors. This is 87% above median its historical median of 1.04. Over the past decade, STRABAG SE's Cyclically Adjusted PB Ratio has ranged from 0.49 to 2.04. According to the industry distribution chart, STRABAG SE ranks #888 out of 1359 companies in the Construction industry, placing it in the top 65.3%.
Is STRABAG SE's Cyclically Adjusted PB Ratio too high?
STRABAG SE's current Cyclically Adjusted PB Ratio of 1.94 is 87% above median its 10-year median of 1.04. Over the past 10 years, this metric has ranged from a low of 0.49 to a high of 2.04. The Construction industry median Cyclically Adjusted PB Ratio is 1.19. STRABAG SE's value of 1.94 is 63% above this industry median. Based on the distribution chart, STRABAG SE ranks #888 out of 1359 companies in the Construction industry, which is below the industry midpoint. Overall, STRABAG SE has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does STRABAG SE's Cyclically Adjusted PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, STRABAG SE ranks #888 out of 1359 companies for Cyclically Adjusted PB Ratio. This places STRABAG SE in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.19. STRABAG SE's value of 1.94 is 63% above this benchmark. Historically, STRABAG SE's own Cyclically Adjusted PB Ratio has ranged from 0.49 to 2.04 over the past decade. While the company's 10-year median is 1.04 vs. the industry median of 1.19, STRABAG SE has consistently been above 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 Construction company?
The median Cyclically Adjusted PB Ratio among Construction companies is 1.19, based on 1,359 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. STRABAG SE's current Cyclically Adjusted PB Ratio of 1.94 is 63% above 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 STRABAG SE and its competitors. For the Construction industry, the median Cyclically Adjusted PB Ratio is 1.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. STRABAG SE's current Cyclically Adjusted PB Ratio is 1.94, which is 87% above median its own 10-year median of 1.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is STRABAG SE stock overvalued right now?
Based on GuruFocus' analysis, STRABAG SE (CHIX:STRV) is currently considered Significantly Overvalued. The stock's GF Value™ is €39.50, compared to a current price of €88.55 — trading 124.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.94, which is 87% above median its 10-year median of 1.04 and 63% above the Construction industry median of 1.19. STRABAG SE's overall GF Score™ is 66/100 with 4 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 STRABAG SE (CHIX:STRV), the current Cyclically Adjusted PB Ratio is 1.94 as of Jul. 12, 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 STRABAG SE (CHIX:STRV) Overvalued in 2026?

Based on GuruFocus' analysis, STRABAG SE stock appears to be overvalued. The current stock price of €88.55 is trading 124.2% above its estimated GF Value™ of €39.50. GuruFocus considers STRABAG SE to be Significantly Overvalued.

Key valuation signals for CHIX:STRV:

  • Cyclically Adjusted PB Ratio: 1.94 (87% above median its 10-year median of 1.04)
  • GF Value™: €39.50 vs. price of €88.55 (124.2% above fair value)
  • GF Score™: 66/100 with 4 warning signs
  • Industry Position: 63% above the Construction median (#888 of 1359)

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


STRABAG SE Business Description

Address Triglavstrasse 9, Villach, AUT, 9500
STRABAG SE is a European-based technology group for construction services, a leader in innovation and financial strength. Its activities span all areas of the construction industry and cover the entire construction value chain. It has four operating segments: North and West; South and East; International and Special divisions; and Other. It builds large transportation infrastructure, plants, commercial and industrial facilities, and other large structures related to industrial development. The company generates revenue in Germany, Austria, the Rest of Europe, and the Rest of world of which majority of revenue comes from Germany.
66GF Score

Get the complete analysis for CHIX:STRV

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

€88.55
Price
€39.50
GF Value