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TeamViewer SECHIX:TMVD 72 Cyclically Adjusted PB Ratio is 18.88 as of Jul. 18, 2026, which is 46% below its 10-year median of 35.07. GuruFocus rates CHIX:TMVD with a GF Score™ of 72/100 and a GF Value™ of €14.57 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 1,597 Software companies, TeamViewer SE ranks worse than 95.18% on this metric.
The historical rank and industry rank for TeamViewer SE's Cyclically Adjusted PB Ratio or its related term are showing as below:
CHIX:TMVd'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 12.92 Med: 35.07 Max: 70.47
Current: 16.21
During the past 11 years, TeamViewer SE's highest Cyclically Adjusted PB Ratio was 70.47. The lowest was 12.92. And the median was 35.07.
CHIX:TMVd's Cyclically Adjusted PB Ratio is ranked worse than 95.18% of 1597
companies
in the Software industry
Industry Median: 2.3
vs CHIX:TMVd: 16.21
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.
TeamViewer SE's adjusted book value per share data of for the fiscal year that ended in Dec25 was €1.050. 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 €0.31 for the trailing ten years ended in Dec25.
Shiller PE for Stocks: The True Measure of Stock Valuation
TeamViewer SE (CHIX:TMVd) 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.
TeamViewer SE Cyclically Adjusted PB Ratio Related Terms
TeamViewer SE Cyclically Adjusted PB Ratio Historical Data
* Premium members only.
The historical data trend for TeamViewer 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.
CHIX:TMVD vs UBER, SHOP, CRM: Cyclically Adjusted PB Ratio Comparison
For the Software - Application subindustry, TeamViewer 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.
TeamViewer SE Cyclically Adjusted PB Ratio vs Software Industry
For the Software industry and Technology sector, TeamViewer SE's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where TeamViewer SE's Cyclically Adjusted PB Ratio falls into.
TeamViewer 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.
TeamViewer SE's Cyclically Adjusted PB Ratio for today is calculated as
* 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.
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 18.88 mean?
TeamViewer SE (CHIX:TMVD) has a Cyclically Adjusted PB Ratio of 18.88 as of Jul. 18, 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 TeamViewer SE and its competitors. This is 46% below median its historical median of 35.07. Over the past decade, TeamViewer SE's Cyclically Adjusted PB Ratio has ranged from 12.92 to 70.47. According to the industry distribution chart, TeamViewer SE ranks #1520 out of 1597 companies in the Software industry, placing it in the top 95.2%.
Is TeamViewer SE's Cyclically Adjusted PB Ratio too high?
TeamViewer SE's current Cyclically Adjusted PB Ratio of 18.88 is 46% below median its 10-year median of 35.07. Over the past 10 years, this metric has ranged from a low of 12.92 to a high of 70.47. The Software industry median Cyclically Adjusted PB Ratio is 2.30. TeamViewer SE's value of 18.88 is 720.9% above this industry median. Based on the distribution chart, TeamViewer SE ranks #1520 out of 1597 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, TeamViewer SE has a GF Score™ of 72/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does TeamViewer SE's Cyclically Adjusted PB Ratio compare to UBER and SHOP?
According to the Software industry distribution chart, TeamViewer SE ranks #1520 out of 1597 companies for Cyclically Adjusted PB Ratio. This places TeamViewer SE in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.30. TeamViewer SE's value of 18.88 is 720.9% above this benchmark. Historically, TeamViewer SE's own Cyclically Adjusted PB Ratio has ranged from 12.92 to 70.47 over the past decade. While the company's 10-year median is 35.07 vs. the industry median of 2.30, TeamViewer 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 Software company?
The median Cyclically Adjusted PB Ratio among Software companies is 2.30, based on 1,597 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. TeamViewer SE's current Cyclically Adjusted PB Ratio of 18.88 is 720.9% 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 TeamViewer SE and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TeamViewer SE's current Cyclically Adjusted PB Ratio is 18.88, which is 46% below median its own 10-year median of 35.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TeamViewer SE stock overvalued right now?
Based on GuruFocus' analysis, TeamViewer SE (CHIX:TMVD) is currently considered Possible Value Trap. The stock's GF Value™ is €14.57, compared to a current price of €5.85 — trading 59.8% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 18.88, which is 46% below median its 10-year median of 35.07 and 720.9% above the Software industry median of 2.30. TeamViewer SE's overall GF Score™ is 72/100 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 TeamViewer SE (CHIX:TMVD), the current Cyclically Adjusted PB Ratio is 18.88 as of Jul. 18, 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 TeamViewer SE (CHIX:TMVD) Overvalued in 2026?
Based on GuruFocus' analysis, TeamViewer SE stock appears to be undervalued.
The current stock price of €5.85 is trading 59.8% below its estimated GF Value™ of €14.57.
GuruFocus considers TeamViewer SE to be Possible Value Trap.
Key valuation signals for CHIX:TMVD:
Cyclically Adjusted PB Ratio: 18.88 (46% below median its 10-year median of 35.07)
GF Value™: €14.57 vs. price of €5.85 (59.8% below fair value)
Industry Position: 720.9% above the Software median (#1520 of 1597)
No single metric tells the full story. See the CHIX:TMVD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TeamViewer is a German software company specializing in remote connectivity solutions. Its products enable secure remote access, control, management, and support to any device. Common use cases include remote IT support, after-sales service, and vision picking. The company's offerings extend to the Internet of Things and augmented reality. TeamViewer customers are mainly small and medium-size businesses, but it also has a growing number of enterprise customers.
72GF Score
Get the complete analysis for CHIX:TMVD
Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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