Zedge (FRA:34Z) Cyclically Adjusted PB Ratio: 1.59 (As of Aug. 04, 2026) — Near Median

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Director of Data and Quant Analytics at GuruFocus
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FRA:34Z Zedge Inc FRA:34Z
77 GF Score
Price €2.52
GF Value €2.52
Valuation Fairly Valued
View Full Analysis

What is Zedge Cyclically Adjusted PB Ratio?

Zedge FRA:34Z -0.79% 77 Cyclically Adjusted PB Ratio is 1.59 as of Aug. 04, 2026, which is 2% below its 10-year median of 1.62. GuruFocus rates FRA:34Z with a GF Score™ of 77/100 and a GF Value™ of €2.52 (Fairly Valued). Among 347 Interactive Media companies, Zedge ranks worse than 51.3% on this metric.

As of today (2026-08-04), Zedge's current share price is €2.52. Zedge's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 was €1.58. Zedge's Cyclically Adjusted PB Ratio for today is 1.59.

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

FRA:34Z' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.07   Med: 1.62   Max: 2.44
Current: 1.51

During the past years, Zedge's highest Cyclically Adjusted PB Ratio was 2.44. The lowest was 1.07. And the median was 1.62.

FRA:34Z's Cyclically Adjusted PB Ratio is ranked worse than
51.3% of 347 companies
in the Interactive Media industry
Industry Median: 1.45 vs FRA:34Z: 1.51

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.

Zedge's adjusted book value per share data for the three months ended in Apr. 2026 was €1.609. 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 €1.58 for the trailing ten years ended in Apr. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Zedge  (FRA:34Z) 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.


Zedge Cyclically Adjusted PB Ratio Related Terms


Zedge Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Zedge'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.

Zedge Cyclically Adjusted PB Ratio Chart

Zedge Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 2.05 2.17

Zedge Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 1.33 2.17 1.34 1.64 1.71

FRA:34Z vs AREN, MNY, SJ: Cyclically Adjusted PB Ratio Comparison

For the Internet Content & Information subindustry, Zedge'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.


Zedge Cyclically Adjusted PB Ratio vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Zedge's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:34Z
77GF Score
Zedge Inc FRA:34Z
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zedge 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.

Zedge's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.52/1.58
=1.59

* 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.

Zedge's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=1.609/333.0200*333.0200
=1.609

Current CPI (Apr. 2026) = 333.0200.

Zedge Quarterly Data

Book Value per Share CPI Adj_Book
201607 1.026 240.628 1.420
201610 1.057 241.729 1.456
201701 1.048 242.839 1.437
201704 1.012 244.524 1.378
201707 0.954 244.786 1.298
201710 0.852 246.663 1.150
201801 0.843 247.867 1.133
201804 0.807 250.546 1.073
201807 0.831 252.006 1.098
201810 0.782 252.885 1.030
201901 0.782 251.712 1.035
201904 0.694 255.548 0.904
201907 0.598 256.571 0.776
201910 0.531 257.346 0.687
202001 0.573 257.971 0.740
202004 0.598 256.389 0.777
202007 0.630 259.101 0.810
202010 0.690 260.388 0.882
202101 1.102 261.582 1.403
202104 1.633 267.054 2.036
202107 1.949 273.003 2.377
202110 2.123 276.589 2.556
202201 2.335 281.148 2.766
202204 2.411 289.109 2.777
202207 3.016 296.276 3.390
202210 3.126 298.012 3.493
202301 2.903 299.170 3.231
202304 2.407 303.363 2.642
202307 2.452 305.691 2.671
202310 2.571 307.671 2.783
202401 1.950 308.417 2.106
202404 1.987 313.548 2.110
202407 1.986 314.540 2.103
202410 1.954 315.664 2.061
202501 1.950 317.671 2.044
202504 1.853 320.795 1.924
202507 1.679 323.048 1.731
202510 1.711 0.000
202601 1.553 325.252 1.590
202604 1.609 333.020 1.609

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 1.59 mean?
Zedge (FRA:34Z) has a Cyclically Adjusted PB Ratio of 1.59 as of Aug. 04, 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 Zedge and its competitors. This is near median its historical median of 1.62. Over the past decade, Zedge's Cyclically Adjusted PB Ratio has ranged from 1.07 to 2.44. According to the industry distribution chart, Zedge ranks #178 out of 347 companies in the Interactive Media industry, placing it in the top 51.3%.
Is Zedge's Cyclically Adjusted PB Ratio too high?
Zedge's current Cyclically Adjusted PB Ratio of 1.59 is near median its 10-year median of 1.62. Over the past 10 years, this metric has ranged from a low of 1.07 to a high of 2.44. The Interactive Media industry median Cyclically Adjusted PB Ratio is 1.45. Zedge's value of 1.59 is 9.7% above this industry median. Based on the distribution chart, Zedge ranks #178 out of 347 companies in the Interactive Media industry, which is below the industry midpoint. Overall, Zedge has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Zedge's Cyclically Adjusted PB Ratio compare to AREN and MNY?
According to the Interactive Media industry distribution chart, Zedge ranks #178 out of 347 companies for Cyclically Adjusted PB Ratio. This places Zedge in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.45. Zedge's value of 1.59 is 9.7% above this benchmark. Historically, Zedge's own Cyclically Adjusted PB Ratio has ranged from 1.07 to 2.44 over the past decade. While the company's 10-year median is 1.62 vs. the industry median of 1.45, Zedge 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 Interactive Media company?
The median Cyclically Adjusted PB Ratio among Interactive Media companies is 1.45, based on 347 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. Zedge's current Cyclically Adjusted PB Ratio of 1.59 is 9.7% 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 Zedge and its competitors. For the Interactive Media industry, the median Cyclically Adjusted PB Ratio is 1.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zedge's current Cyclically Adjusted PB Ratio is 1.59, which is near median its own 10-year median of 1.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zedge stock overvalued right now?
Based on GuruFocus' analysis, Zedge (FRA:34Z) is currently considered Fairly Valued. The stock's GF Value™ is €2.52, compared to a current price of €2.52 — trading right at its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.59, which is near median its 10-year median of 1.62 and 9.7% above the Interactive Media industry median of 1.45. Zedge's overall GF Score™ is 77/100. 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 Zedge (FRA:34Z), the current Cyclically Adjusted PB Ratio is 1.59 as of Aug. 04, 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 Zedge (FRA:34Z) Overvalued in 2026?

Based on GuruFocus' analysis, Zedge stock appears to be undervalued. The current stock price of €2.52 is trading 0% below its estimated GF Value™ of €2.52. GuruFocus considers Zedge to be Fairly Valued.

Key valuation signals for FRA:34Z:

  • Cyclically Adjusted PB Ratio: 1.59 (near median its 10-year median of 1.62)
  • GF Value™: €2.52 vs. price of €2.52 (0% below fair value)
  • GF Score™: 77/100
  • Industry Position: 9.7% above the Interactive Media median (#178 of 347)

No single metric tells the full story. See the FRA:34Z stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zedge Business Description

Other Exchanges ZDGE:USA
Address 1178 Broadway, 3rd Floor, Suite 1450, New York, NY, USA, 10001
Zedge Inc builds digital marketplaces and competitive games centered on content that people use for self-expression. Its products include the Zedge App, a freemium digital content marketplace offering mobile wallpapers, video wallpapers, ringtones, and notification sounds, along with pAInt, a generative AI wallpaper and ringtone maker, GuruShots, a skill-based photo challenge game, and Emojipedia, a trusted source for emoji information. The Zedge App is available on Google Play and the App Store. The company operates two segments: Zedge Marketplace and GuruShots, with the majority of revenue generated from the Zedge Marketplace.
77GF Score

Get the complete analysis for FRA:34Z

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

€2.52
Price
€2.52
GF Value