EFGZF (EFG HoldingE) Cyclically Adjusted PB Ratio: (As of Sep. 20, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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.

EFGZF EFG Holding SAE EFGZF
73 GF Score
Price $0.51
GF Value $0.56
! 4 Warning Signs
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What is EFG HoldingE Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


EFG HoldingE  (OTCPK:EFGZF) 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.


EFG HoldingE Cyclically Adjusted PB Ratio Related Terms


EFG HoldingE Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for EFG HoldingE'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.

EFG HoldingE Cyclically Adjusted PB Ratio Chart

EFG HoldingE 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 0.56 0.39 0.30 0.33 0.35

EFG HoldingE Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 Premium Member Only Premium Member Only 0.34 0.35 0.35 0.36 0.36

EFGZF vs MS, GS, SCHW: Cyclically Adjusted PB Ratio Comparison

For the Capital Markets subindustry, EFG HoldingE'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.


EFG HoldingE Cyclically Adjusted PB Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, EFG HoldingE's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


EFGZF
73GF Score
EFG Holding SAE EFGZF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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EFG HoldingE 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.

EFG HoldingE's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, EFG HoldingE's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=1.309/333.9520*333.9520
=1.309

Current CPI (Jun. 2026) = 333.9520.

EFG HoldingE Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.154 241.018 1.599
201609 241.428 0.000
201612 1.102 241.432 1.524
201703 0.900 243.801 1.233
201706 0.855 244.955 1.166
201709 1.117 246.819 1.511
201712 1.132 246.524 1.533
201803 0.929 249.554 1.243
201806 0.929 251.989 1.231
201809 0.943 252.439 1.247
201812 1.164 251.233 1.547
201903 1.201 254.202 1.578
201906 1.209 256.143 1.576
201909 1.282 256.759 1.667
201912 1.263 256.974 1.641
202003 0.958 258.115 1.239
202006 1.192 257.797 1.544
202009 0.998 260.280 1.280
202012 1.281 260.474 1.642
202103 1.045 264.877 1.318
202106 1.068 271.696 1.313
202109 1.363 274.310 1.659
202112 1.535 278.802 1.839
202203 1.387 287.504 1.611
202206 1.389 296.311 1.565
202209 1.364 296.808 1.535
202212 1.486 296.797 1.672
202303 1.116 301.836 1.235
202306 1.121 305.109 1.227
202309 1.172 307.789 1.272
202312 1.214 306.746 1.322
202403 1.928 312.332 2.061
202406 1.045 314.175 1.111
202409 1.072 315.301 1.135
202412 1.079 315.605 1.142
202503 1.103 319.799 1.152
202506 1.162 322.561 1.203
202509 1.218 324.800 1.252
202512 1.313 324.054 1.353
202606 1.309 333.952 1.309

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.

Is EFG HoldingE (EFGZF) Overvalued in 2026?

Based on GuruFocus' analysis, EFG HoldingE stock appears to be undervalued. The current stock price of $0.51 is trading 8.9% below its estimated GF Value™ of $0.56.

Key valuation signals for EFGZF:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: $0.56 vs. price of $0.51 (8.9% below fair value)
  • GF Score™: 73/100 with 4 warning signs

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


EFG HoldingE Business Description

Other Exchanges EFGD:UKHRHO:Egypt
Address Km 28 Cairo Alexandria Desert Road, Smart Village, Building No. B129, Phase 3, 6 October, Cairo, EGY, 12577
EFG Holding SAE is a provider of investment banking products and services in the Middle East. The company is headquartered in Egypt and conducts the majority of its business domestically. The bank also has operations in Gulf countries and Lebanon. The company generates the majority of its revenue through brokerage services. In addition, the bank generates revenue through asset-management products, such as traditional and alternative investments, fixed-income, money market, equity, and Shariah-compliant mandates. The bank also engages in equity research, and macroeconomic forecasts, industrial research, and private equity services for its clients.
73GF Score

Get the complete analysis for EFGZF

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

$0.51
Price
$0.56
GF Value