CSTM (Constellium SE) Cyclically Adjusted PB Ratio: 29.70 (As of Jul. 14, 2026) — 31% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

CSTM Constellium SE CSTM
74 GF Score
Price $28.81
GF Value $20.41
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Constellium SE Cyclically Adjusted PB Ratio?

Constellium SE CSTM -1.61% 74 Cyclically Adjusted PB Ratio is 29.70 as of Jul. 14, 2026, which is 31% below its 10-year median of 43.28. GuruFocus rates CSTM with a GF Score™ of 74/100 and a GF Value™ of $20.41 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,544 Metals & Mining companies, Constellium SE ranks worse than 98.12% on this metric.

As of today (2026-07-14), Constellium SE's current share price is $28.81. Constellium SE's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $0.97. Constellium SE's Cyclically Adjusted PB Ratio for today is 29.70.

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

CSTM' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 28.47   Med: 43.28   Max: 118.44
Current: 30.28

During the past years, Constellium SE's highest Cyclically Adjusted PB Ratio was 118.44. The lowest was 28.47. And the median was 43.28.

CSTM's Cyclically Adjusted PB Ratio is ranked worse than
98.12% of 1544 companies
in the Metals & Mining industry
Industry Median: 1.44 vs CSTM: 30.28

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.

Constellium SE's adjusted book value per share data for the three months ended in Mar. 2026 was $8.219. 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 $0.97 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Constellium SE  (NYSE:CSTM) 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.


Constellium SE Cyclically Adjusted PB Ratio Related Terms


Constellium SE Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Constellium 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.

Constellium SE Cyclically Adjusted PB Ratio Chart

Constellium 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 35.51

Constellium 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 0.00 0.00 93.07 35.51 25.42

CSTM vs CENX, KALU, AA: Cyclically Adjusted PB Ratio Comparison

For the Aluminum subindustry, Constellium 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.


Constellium SE Cyclically Adjusted PB Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Constellium SE's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


CSTM
74GF Score
Constellium SE CSTM
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Constellium 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=28.81/0.97
=29.70

* 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.

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

For example, Constellium 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)
=8.219/330.2130*330.2130
=8.219

Current CPI (Mar. 2026) = 330.2130.

Constellium SE Quarterly Data

Book Value per Share CPI Adj_Book
201606 -6.546 241.018 -8.969
201609 -6.429 241.428 -8.793
201612 -5.767 241.432 -7.888
201703 -5.627 243.801 -7.621
201706 -5.685 244.955 -7.664
201709 -5.486 246.819 -7.340
201712 -2.917 246.524 -3.907
201803 -2.988 249.554 -3.954
201806 -2.404 251.989 -3.150
201809 -0.427 252.439 -0.559
201812 -1.026 251.233 -1.349
201903 -0.969 254.202 -1.259
201906 -1.022 256.143 -1.318
201909 -1.275 256.759 -1.640
201912 -0.780 256.974 -1.002
202003 -1.072 258.115 -1.371
202006 -1.517 257.797 -1.943
202009 -1.451 260.280 -1.841
202012 -1.011 260.474 -1.282
202103 -0.075 264.877 -0.093
202106 1.075 271.696 1.307
202109 1.932 274.310 2.326
202112 2.190 278.802 2.594
202203 4.160 287.504 4.778
202206 4.213 296.311 4.695
202209 5.245 296.808 5.835
202212 5.433 296.797 6.045
202303 5.622 301.836 6.151
202306 5.810 305.109 6.288
202309 6.409 307.789 6.876
202312 4.890 306.746 5.264
202403 6.546 312.332 6.921
202406 6.977 314.175 7.333
202409 7.004 315.301 7.335
202412 4.919 315.605 5.147
202503 5.213 319.799 5.383
202506 5.590 322.561 5.723
202509 6.132 324.800 6.234
202512 7.030 324.054 7.164
202603 8.219 330.213 8.219

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 29.70 mean?
Constellium SE (CSTM) has a Cyclically Adjusted PB Ratio of 29.70 as of Jul. 14, 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 Constellium SE and its competitors. This is 31% below median its historical median of 43.28. Over the past decade, Constellium SE's Cyclically Adjusted PB Ratio has ranged from 28.47 to 118.44. According to the industry distribution chart, Constellium SE ranks #1515 out of 1544 companies in the Metals & Mining industry, placing it in the top 98.1%.
Is Constellium SE's Cyclically Adjusted PB Ratio too high?
Constellium SE's current Cyclically Adjusted PB Ratio of 29.70 is 31% below median its 10-year median of 43.28. Over the past 10 years, this metric has ranged from a low of 28.47 to a high of 118.44. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.44. Constellium SE's value of 29.70 is 1962.5% above this industry median. Based on the distribution chart, Constellium SE ranks #1515 out of 1544 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Constellium SE has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Constellium SE's Cyclically Adjusted PB Ratio compare to CENX and KALU?
According to the Metals & Mining industry distribution chart, Constellium SE ranks #1515 out of 1544 companies for Cyclically Adjusted PB Ratio. This places Constellium SE in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.44. Constellium SE's value of 29.70 is 1962.5% above this benchmark. Historically, Constellium SE's own Cyclically Adjusted PB Ratio has ranged from 28.47 to 118.44 over the past decade. While the company's 10-year median is 43.28 vs. the industry median of 1.44, Constellium 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 Metals & Mining company?
The median Cyclically Adjusted PB Ratio among Metals & Mining companies is 1.44, based on 1,544 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. Constellium SE's current Cyclically Adjusted PB Ratio of 29.70 is 1962.5% 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 Constellium SE and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PB Ratio is 1.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Constellium SE's current Cyclically Adjusted PB Ratio is 29.70, which is 31% below median its own 10-year median of 43.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Constellium SE stock overvalued right now?
Based on GuruFocus' analysis, Constellium SE (CSTM) is currently considered Significantly Overvalued. The stock's GF Value™ is $20.41, compared to a current price of $28.81 — trading 41.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 29.70, which is 31% below median its 10-year median of 43.28 and 1962.5% above the Metals & Mining industry median of 1.44. Constellium SE's overall GF Score™ is 74/100 with 1 warning sign 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 Constellium SE (CSTM), the current Cyclically Adjusted PB Ratio is 29.70 as of Jul. 14, 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 Constellium SE (CSTM) Overvalued in 2026?

Based on GuruFocus' analysis, Constellium SE stock appears to be overvalued. The current stock price of $28.81 is trading 41.2% above its estimated GF Value™ of $20.41. GuruFocus considers Constellium SE to be Significantly Overvalued.

Key valuation signals for CSTM:

  • Cyclically Adjusted PB Ratio: 29.70 (31% below median its 10-year median of 43.28)
  • GF Value™: $20.41 vs. price of $28.81 (41.2% above fair value)
  • GF Score™: 74/100 with 1 warning sign
  • Industry Position: 1962.5% above the Metals & Mining median (#1515 of 1544)

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


Constellium SE Business Description

Other Exchanges 3OK:Germany
Address 300 East Lombard Street, Suite 1710, Baltimore, MD, USA, 21202
Constellium SE is engaged in the development, manufacture and sale of a broad range of high value-added specialty rolled and extruded aluminum products to the aerospace, space, defense, packaging, automotive, commercial transportation and general industrial end-markets. Its business model is to add value by converting aluminum into semi-fabricated and, in some instances, fully-fabricated alloyed aluminum products that meet stringent and performance-critical requirements from customers. It operates through three segments: Aerospace & Transportation Operating Segment, Packaging & Automotive Rolled Products Operating Segment, and Automotive Structures & Industry Operating Segment. It serves Aerospace, Packaging and Automotive and operates in the United States, France, Germany and others.
74GF Score

Get the complete analysis for CSTM

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

$28.81
Price
$20.41
GF Value