Verve Group SE (CHIX:VRVD) Cyclically Adjusted PB Ratio: 0.78 (As of Jul. 11, 2026) — Near Median


CHIX:VRVD Verve Group SE CHIX:VRVD
65 GF Score
Price €1.62
GF Value €2.24
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Verve Group SE Cyclically Adjusted PB Ratio?

Verve Group SE CHIX:VRVD 65 Cyclically Adjusted PB Ratio is 0.78 as of Jul. 11, 2026, which is 3% below its 10-year median of 0.80. GuruFocus rates CHIX:VRVD with a GF Score™ of 65/100 and a GF Value™ of €2.24 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,595 Software companies, Verve Group SE ranks better than 82.82% on this metric.

As of today (2026-07-11), Verve Group SE's current share price is €1.621. Verve Group SE's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €2.07. Verve Group SE's Cyclically Adjusted PB Ratio for today is 0.78.

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

CHIX:VRVd' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.55   Med: 0.8   Max: 1.58
Current: 0.67

During the past years, Verve Group SE's highest Cyclically Adjusted PB Ratio was 1.58. The lowest was 0.55. And the median was 0.80.

CHIX:VRVd's Cyclically Adjusted PB Ratio is ranked better than
82.82% of 1595 companies
in the Software industry
Industry Median: 2.33 vs CHIX:VRVd: 0.67

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.

Verve Group SE's adjusted book value per share data for the three months ended in Mar. 2026 was €2.172. 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 €2.07 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Verve Group SE  (CHIX:VRVd) 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.


Verve Group SE Cyclically Adjusted PB Ratio Related Terms


Verve Group SE Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Verve Group 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.

Verve Group SE Cyclically Adjusted PB Ratio Chart

Verve Group 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 0.00 0.00 0.00 0.00 0.76

Verve Group SE 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 1.19 1.06 0.96 0.76 0.66

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

For the Software - Application subindustry, Verve Group 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.


Verve Group SE Cyclically Adjusted PB Ratio vs Software Industry

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

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


CHIX:VRVD
65GF Score
Verve Group SE CHIX:VRVD
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Verve Group 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.621/2.07
=0.78

* 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.

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

For example, Verve Group SE'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)
=2.172/133.5600*133.5600
=2.172

Current CPI (Mar. 2026) = 133.5600.

Verve Group SE Quarterly Data

Book Value per Share CPI Adj_Book
201306 4.110 100.206 5.478
201312 4.081 100.541 5.421
201412 0.466 100.225 0.621
201506 0.364 99.995 0.486
201512 0.283 100.276 0.377
201606 1.105 101.019 1.461
201612 1.133 102.022 1.483
201706 0.989 102.752 1.286
201712 0.979 103.793 1.260
201806 3.560 104.875 4.534
201812 2.649 105.912 3.341
201903 0.000 105.886 0.000
201906 2.592 106.742 3.243
201909 0.000 107.214 0.000
201912 1.401 107.766 1.736
202003 2.121 106.563 2.658
202006 2.138 107.498 2.656
202009 1.683 107.635 2.088
202012 1.510 108.296 1.862
202103 1.611 108.360 1.986
202106 1.956 108.928 2.398
202109 2.007 110.338 2.429
202112 2.054 112.486 2.439
202203 2.043 114.825 2.376
202206 2.221 118.384 2.506
202209 2.369 122.296 2.587
202212 2.028 126.365 2.143
202303 1.978 127.042 2.079
202306 2.014 129.407 2.079
202309 2.320 130.224 2.379
202312 2.212 131.912 2.240
202403 2.288 132.205 2.311
202406 2.274 132.716 2.288
202409 2.135 132.304 2.155
202412 2.408 132.987 2.418
202503 2.300 132.825 2.313
202506 2.105 133.699 2.103
202509 2.088 133.480 2.089
202512 2.114 133.390 2.117
202603 2.172 133.560 2.172

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 0.78 mean?
Verve Group SE (CHIX:VRVD) has a Cyclically Adjusted PB Ratio of 0.78 as of Jul. 11, 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 Verve Group SE and its competitors. This is near median its historical median of 0.80. Over the past decade, Verve Group SE's Cyclically Adjusted PB Ratio has ranged from 0.55 to 1.58. According to the industry distribution chart, Verve Group SE ranks #274 out of 1595 companies in the Software industry, placing it in the top 17.2%.
Is Verve Group SE's Cyclically Adjusted PB Ratio too high?
Verve Group SE's current Cyclically Adjusted PB Ratio of 0.78 is near median its 10-year median of 0.80. Over the past 10 years, this metric has ranged from a low of 0.55 to a high of 1.58. The Software industry median Cyclically Adjusted PB Ratio is 2.33. Verve Group SE's value of 0.78 is 66.5% below this industry median. Based on the distribution chart, Verve Group SE ranks #274 out of 1595 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Verve Group SE has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Verve Group SE's Cyclically Adjusted PB Ratio compare to UBER and SHOP?
According to the Software industry distribution chart, Verve Group SE ranks #274 out of 1595 companies for Cyclically Adjusted PB Ratio. This places Verve Group SE in the top 17% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 2.33. Verve Group SE's value of 0.78 is 66.5% below this benchmark. Historically, Verve Group SE's own Cyclically Adjusted PB Ratio has ranged from 0.55 to 1.58 over the past decade. While the company's 10-year median is 0.80 vs. the industry median of 2.33, Verve Group SE 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 2.33, based on 1,595 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. Verve Group SE's current Cyclically Adjusted PB Ratio of 0.78 is 66.5% 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 Verve Group SE and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Verve Group SE's current Cyclically Adjusted PB Ratio is 0.78, which is near median its own 10-year median of 0.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Verve Group SE stock overvalued right now?
Based on GuruFocus' analysis, Verve Group SE (CHIX:VRVD) is currently considered Modestly Undervalued. The stock's GF Value™ is €2.24, compared to a current price of €1.62 — trading 27.6% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.78, which is near median its 10-year median of 0.80 and 66.5% below the Software industry median of 2.33. Verve Group SE's overall GF Score™ is 65/100 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 Verve Group SE (CHIX:VRVD), the current Cyclically Adjusted PB Ratio is 0.78 as of Jul. 11, 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 Verve Group SE (CHIX:VRVD) Overvalued in 2026?

Based on GuruFocus' analysis, Verve Group SE stock appears to be undervalued. The current stock price of €1.62 is trading 27.6% below its estimated GF Value™ of €2.24. GuruFocus considers Verve Group SE to be Modestly Undervalued.

Key valuation signals for CHIX:VRVD:

  • Cyclically Adjusted PB Ratio: 0.78 (near median its 10-year median of 0.80)
  • GF Value™: €2.24 vs. price of €1.62 (27.6% below fair value)
  • GF Score™: 65/100 with 3 warning signs
  • Industry Position: 66.5% below the Software median (#274 of 1595)

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


Verve Group SE Business Description

Other Exchanges VER:SwedenVRV:Germany
Address Humlegardsgatan 19A, Stockholm, SWE, 114 46
Verve Group SE is a advertising technology company. The company operates a fast-growing ad-software platform that matches advertiser demand with publisher ad-supply while improving results through first party data from own games. The company's main operational presence is in North America and Europe. The Company offering an ad software platform that helps advertisers acquire customers via smartphones, computers, connected TV or digital third-party media, and publishers monetize their ad space. The Company distributes through subsidiaries, and trades data, consoles, mobile games and video games, such as distributor, licensees and developers, to consumers and affiliates and provides platforms for such games, conduct media activities for advertisers, publishers and other related platforms.
65GF Score

Get the complete analysis for CHIX:VRVD

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

€1.62
Price
€2.24
GF Value