The Platform Group SE KGaA (CHIX:TPGD) Cyclically Adjusted PB Ratio: 0.84 (As of Sep. 01, 2026) — 95% Above Median

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CHIX:TPGD The Platform Group SE & Co KGaA CHIX:TPGD
18 GF Score
Price €8.69
GF Value €73.83
! 5 Warning Signs
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What is The Platform Group SE KGaA Cyclically Adjusted PB Ratio?

The Platform Group SE KGaA CHIX:TPGD 18 Cyclically Adjusted PB Ratio is 0.84 as of Sep. 01, 2026, which is 95% above its 10-year median of 0.43. GuruFocus rates CHIX:TPGD with a GF Score™ of 18/100 and a GF Value™ of €73.83. The stock has 5 warning signs investors should review. Among 1,469 Software companies, The Platform Group SE KGaA ranks better than 95.85% on this metric.

As of today (2026-09-01), The Platform Group SE KGaA's current share price is €8.69. The Platform Group SE KGaA's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was €10.31. The Platform Group SE KGaA's Cyclically Adjusted PB Ratio for today is 0.84.

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

CHIX:TPGd' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.11   Med: 0.43   Max: 0.86
Current: 0.14

During the past 10 years, The Platform Group SE KGaA's highest Cyclically Adjusted PB Ratio was 0.86. The lowest was 0.11. And the median was 0.43.

CHIX:TPGd's Cyclically Adjusted PB Ratio is ranked better than
95.85% of 1469 companies
in the Software industry
Industry Median: 2.39 vs CHIX:TPGd: 0.14

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.

The Platform Group SE KGaA's adjusted book value per share data of for the fiscal year that ended in Dec25 was €8.566. 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 €10.31 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


The Platform Group SE KGaA  (CHIX:TPGd) 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.


The Platform Group SE KGaA Cyclically Adjusted PB Ratio Related Terms


The Platform Group SE KGaA Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for The Platform Group SE KGaA'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.

The Platform Group SE KGaA Cyclically Adjusted PB Ratio Chart

The Platform Group SE KGaA 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 0.00 0.00 0.84

The Platform Group SE KGaA Semi-Annual Data
Dec16 Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 0.00 0.00 0.00 0.84 0.00

CHIX:TPGD vs CRM, SHOP, UBER: Cyclically Adjusted PB Ratio Comparison

For the Software - Application subindustry, The Platform Group SE KGaA'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.


The Platform Group SE KGaA Cyclically Adjusted PB Ratio vs Software Industry

For the Software industry and Technology sector, The Platform Group SE KGaA's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


CHIX:TPGD
18GF Score
The Platform Group SE & Co KGaA CHIX:TPGD
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

The Platform Group SE KGaA 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.

The Platform Group SE KGaA's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=8.69/10.31
=0.84

* 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.

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

For example, The Platform Group SE KGaA'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)
=8.566/129.3606*129.3606
=8.566

Current CPI (Dec25) = 129.3606.

The Platform Group SE KGaA Annual Data

Book Value per Share CPI Adj_Book
201612 4.340 101.217 5.547
201712 4.290 102.617 5.408
201812 1.695 104.217 2.104
201912 2.127 105.818 2.600
202012 8.469 105.518 10.383
202112 8.236 110.384 9.652
202212 7.315 119.345 7.929
202312 4.661 123.773 4.871
202412 6.458 127.041 6.576
202512 8.566 129.361 8.566

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 0.84 mean?
The Platform Group SE KGaA (CHIX:TPGD) has a Cyclically Adjusted PB Ratio of 0.84 as of Sep. 01, 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 The Platform Group SE KGaA and its competitors. This is 95% above median its historical median of 0.43. Over the past decade, The Platform Group SE KGaA's Cyclically Adjusted PB Ratio has ranged from 0.11 to 0.86. According to the industry distribution chart, The Platform Group SE KGaA ranks #61 out of 1469 companies in the Software industry, placing it in the top 4.2%.
Is The Platform Group SE KGaA's Cyclically Adjusted PB Ratio too high?
The Platform Group SE KGaA's current Cyclically Adjusted PB Ratio of 0.84 is 95% above median its 10-year median of 0.43. Over the past 10 years, this metric has ranged from a low of 0.11 to a high of 0.86. The Software industry median Cyclically Adjusted PB Ratio is 2.39. The Platform Group SE KGaA's value of 0.84 is 64.9% below this industry median. Based on the distribution chart, The Platform Group SE KGaA ranks #61 out of 1469 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, The Platform Group SE KGaA has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does The Platform Group SE KGaA's Cyclically Adjusted PB Ratio compare to CRM and SHOP?
According to the Software industry distribution chart, The Platform Group SE KGaA ranks #61 out of 1469 companies for Cyclically Adjusted PB Ratio. This places The Platform Group SE KGaA in the top 4% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 2.39. The Platform Group SE KGaA's value of 0.84 is 64.9% below this benchmark. Historically, The Platform Group SE KGaA's own Cyclically Adjusted PB Ratio has ranged from 0.11 to 0.86 over the past decade. While the company's 10-year median is 0.43 vs. the industry median of 2.39, The Platform Group SE KGaA 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 Software company?
The median Cyclically Adjusted PB Ratio among Software companies is 2.39, based on 1,469 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. The Platform Group SE KGaA's current Cyclically Adjusted PB Ratio of 0.84 is 64.9% 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 The Platform Group SE KGaA and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Platform Group SE KGaA's current Cyclically Adjusted PB Ratio is 0.84, which is 95% above median its own 10-year median of 0.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Platform Group SE KGaA stock overvalued right now?
The Platform Group SE KGaA (CHIX:TPGD) has a current Cyclically Adjusted PB Ratio of 0.84. The stock's GF Value™ is €73.83, compared to a current price of €8.69 — trading 88.2% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.84, which is 95% above median its 10-year median of 0.43 and 64.9% below the Software industry median of 2.39. The Platform Group SE KGaA's overall GF Score™ is 18/100 with 5 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 The Platform Group SE KGaA (CHIX:TPGD), the current Cyclically Adjusted PB Ratio is 0.84 as of Sep. 01, 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 The Platform Group SE KGaA (CHIX:TPGD) Overvalued in 2026?

Based on GuruFocus' analysis, The Platform Group SE KGaA stock appears to be undervalued. The current stock price of €8.69 is trading 88.2% below its estimated GF Value™ of €73.83.

Key valuation signals for CHIX:TPGD:

  • Cyclically Adjusted PB Ratio: 0.84 (95% above median its 10-year median of 0.43)
  • GF Value™: €73.83 vs. price of €8.69 (88.2% below fair value)
  • GF Score™: 18/100 with 5 warning signs
  • Industry Position: 64.9% below the Software median (#61 of 1469)

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


The Platform Group SE KGaA Business Description

Other Exchanges TPG0:Germany
Address Schloss Elbroich, Am Falder 4, Dusseldorf, NW, DEU, 40589
The Platform Group SE & Co KGaA is a software company that operates digital platform solutions. The company's operating segments include Consumer Goods, Freight Goods, Industrial Goods, and Pharma and Retail Goods, and Optics and Hearing. The company generates the majority of its revenue from the Consumer Goods segment.
18GF Score

Get the complete analysis for CHIX:TPGD

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

€8.69
Price
€73.83
GF Value