Demetra Holdings (CYS:DEM) Cyclically Adjusted PB Ratio: 1.00 (As of Jul. 16, 2026) — 20% Above Median

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CYS:DEM Demetra Holdings PLC CYS:DEM
55 GF Score
Price €1.54
GF Value €0.33
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Demetra Holdings Cyclically Adjusted PB Ratio?

Demetra Holdings CYS:DEM +0.33% 55 Cyclically Adjusted PB Ratio is 1.00 as of Jul. 16, 2026, which is 20% above its 10-year median of 0.83. GuruFocus rates CYS:DEM with a GF Score™ of 55/100 and a GF Value™ of €0.33 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,000 Asset Management companies, Demetra Holdings ranks worse than 59.5% on this metric.

As of today (2026-07-16), Demetra Holdings's current share price is €1.54. Demetra Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €1.54. Demetra Holdings's Cyclically Adjusted PB Ratio for today is 1.00.

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

CYS:DEM' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.36   Med: 0.83   Max: 1.43
Current: 1

During the past years, Demetra Holdings's highest Cyclically Adjusted PB Ratio was 1.43. The lowest was 0.36. And the median was 0.83.

CYS:DEM's Cyclically Adjusted PB Ratio is ranked worse than
59.5% of 1000 companies
in the Asset Management industry
Industry Median: 0.85 vs CYS:DEM: 1.00

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.

Demetra Holdings's adjusted book value per share data for the three months ended in Mar. 2026 was €2.546. 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 €1.54 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Demetra Holdings  (CYS:DEM) 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.


Demetra Holdings Cyclically Adjusted PB Ratio Related Terms


Demetra Holdings Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Demetra Holdings'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.

Demetra Holdings Cyclically Adjusted PB Ratio Chart

Demetra Holdings 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 0.46 0.63 1.33 1.05

Demetra Holdings 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 1.25 1.17 1.16 1.05 0.89

CYS:DEM vs BLK, BX, KKR: Cyclically Adjusted PB Ratio Comparison

For the Asset Management subindustry, Demetra Holdings'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.


Demetra Holdings Cyclically Adjusted PB Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Demetra Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


CYS:DEM
55GF Score
Demetra Holdings PLC CYS:DEM
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Demetra Holdings 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.

Demetra Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.54/1.54
=1.00

* 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.

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

For example, Demetra Holdings'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)
=2.546/330.2130*330.2130
=2.546

Current CPI (Mar. 2026) = 330.2130.

Demetra Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.589 241.018 0.807
201609 0.589 241.428 0.806
201612 0.583 241.432 0.797
201703 0.596 243.801 0.807
201706 0.610 244.955 0.822
201709 0.616 246.819 0.824
201712 0.592 246.524 0.793
201803 0.587 249.554 0.777
201806 0.617 251.989 0.809
201809 0.611 252.439 0.799
201812 0.619 251.233 0.814
201903 0.646 254.202 0.839
201906 0.677 256.143 0.873
201909 0.653 256.759 0.840
201912 1.288 256.974 1.655
202003 1.267 258.115 1.621
202006 1.293 257.797 1.656
202009 1.317 260.280 1.671
202012 1.335 260.474 1.692
202103 1.349 264.877 1.682
202106 1.370 271.696 1.665
202109 1.370 274.310 1.649
202112 1.350 278.802 1.599
202203 1.384 287.504 1.590
202206 1.423 296.311 1.586
202209 1.443 296.808 1.605
202212 1.395 296.797 1.552
202303 1.464 301.836 1.602
202306 1.569 305.109 1.698
202309 1.679 307.789 1.801
202312 1.839 306.746 1.980
202403 1.938 312.332 2.049
202406 2.033 314.175 2.137
202409 2.050 315.301 2.147
202412 2.499 315.605 2.615
202503 2.526 319.799 2.608
202506 2.550 322.561 2.610
202509 2.568 324.800 2.611
202512 2.554 324.054 2.603
202603 2.546 330.213 2.546

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 1.00 mean?
Demetra Holdings (CYS:DEM) has a Cyclically Adjusted PB Ratio of 1.00 as of Jul. 16, 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 Demetra Holdings and its competitors. This is 20% above median its historical median of 0.83. Over the past decade, Demetra Holdings' Cyclically Adjusted PB Ratio has ranged from 0.36 to 1.43. According to the industry distribution chart, Demetra Holdings ranks #595 out of 1000 companies in the Asset Management industry, placing it in the top 59.5%.
Is Demetra Holdings' Cyclically Adjusted PB Ratio too high?
Demetra Holdings' current Cyclically Adjusted PB Ratio of 1.00 is 20% above median its 10-year median of 0.83. Over the past 10 years, this metric has ranged from a low of 0.36 to a high of 1.43. The Asset Management industry median Cyclically Adjusted PB Ratio is 0.85. Demetra Holdings' value of 1.00 is 17.6% above this industry median. Based on the distribution chart, Demetra Holdings ranks #595 out of 1000 companies in the Asset Management industry, which is below the industry midpoint. Overall, Demetra Holdings has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Demetra Holdings' Cyclically Adjusted PB Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Demetra Holdings ranks #595 out of 1000 companies for Cyclically Adjusted PB Ratio. This places Demetra Holdings in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.85. Demetra Holdings' value of 1.00 is 17.6% above this benchmark. Historically, Demetra Holdings' own Cyclically Adjusted PB Ratio has ranged from 0.36 to 1.43 over the past decade. While the company's 10-year median is 0.83 vs. the industry median of 0.85, Demetra Holdings 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 an Asset Management company?
The median Cyclically Adjusted PB Ratio among Asset Management companies is 0.85, based on 1,000 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. Demetra Holdings's current Cyclically Adjusted PB Ratio of 1.00 is 17.6% 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 Demetra Holdings and its competitors. For the Asset Management industry, the median Cyclically Adjusted PB Ratio is 0.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Demetra Holdings's current Cyclically Adjusted PB Ratio is 1.00, which is 20% above median its own 10-year median of 0.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Demetra Holdings stock overvalued right now?
Based on GuruFocus' analysis, Demetra Holdings (CYS:DEM) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.33, compared to a current price of €1.54 — trading 366.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.00, which is 20% above median its 10-year median of 0.83 and 17.6% above the Asset Management industry median of 0.85. Demetra Holdings' overall GF Score™ is 55/100 with 6 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 Demetra Holdings (CYS:DEM), the current Cyclically Adjusted PB Ratio is 1.00 as of Jul. 16, 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 Demetra Holdings (CYS:DEM) Overvalued in 2026?

Based on GuruFocus' analysis, Demetra Holdings stock appears to be overvalued. The current stock price of €1.54 is trading 366.7% above its estimated GF Value™ of €0.33. GuruFocus considers Demetra Holdings to be Significantly Overvalued.

Key valuation signals for CYS:DEM:

  • Cyclically Adjusted PB Ratio: 1.00 (20% above median its 10-year median of 0.83)
  • GF Value™: €0.33 vs. price of €1.54 (366.7% above fair value)
  • GF Score™: 55/100 with 6 warning signs
  • Industry Position: 17.6% above the Asset Management median (#595 of 1000)

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


Demetra Holdings Business Description

Address 13, Limassol Avenue, 2112 Aglantzia, 5th Floor, , P.O. Box 23582, Nicosia, CYP, 1684
Demetra Holdings PLC operates in three main business sectors: participations in equity securities and other transferable securities and financial assets, development and management of real estate, and participation in other projects. The group operates in the following geographical segments: Cyprus, Eurozone Member States, Romania and Bulgaria.
55GF Score

Get the complete analysis for CYS:DEM

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

€1.54
Price
€0.33
GF Value