Hanza AB (FRA:3GA) Cyclically Adjusted PB Ratio: 5.65 (As of Sep. 06, 2026) — 64% Above Median

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FRA:3GA Hanza AB FRA:3GA
70 GF Score
Price €12.78
GF Value €10.42
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Hanza AB Cyclically Adjusted PB Ratio?

Hanza AB FRA:3GA +3.23% 70 Cyclically Adjusted PB Ratio is 5.65 as of Sep. 06, 2026, which is 64% above its 10-year median of 3.44. GuruFocus rates FRA:3GA with a GF Score™ of 70/100 and a GF Value™ of €10.42 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 1,928 Hardware companies, Hanza AB ranks worse than 82.16% on this metric.

As of today (2026-09-06), Hanza AB's current share price is €12.78. Hanza AB's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €2.26. Hanza AB's Cyclically Adjusted PB Ratio for today is 5.65.

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

FRA:3GA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.09   Med: 3.44   Max: 7.49
Current: 5.88

During the past years, Hanza AB's highest Cyclically Adjusted PB Ratio was 7.49. The lowest was 1.09. And the median was 3.44.

FRA:3GA's Cyclically Adjusted PB Ratio is ranked worse than
82.16% of 1928 companies
in the Hardware industry
Industry Median: 2.07 vs FRA:3GA: 5.88

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.

Hanza AB's adjusted book value per share data for the three months ended in Jun. 2026 was €6.028. 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 €2.26 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hanza AB  (FRA:3GA) 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.


Hanza AB Cyclically Adjusted PB Ratio Related Terms


Hanza AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Hanza AB'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.

Hanza AB Cyclically Adjusted PB Ratio Chart

Hanza AB 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 2.08 4.32 3.71 5.61

Hanza AB Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 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 4.16 4.59 5.61 6.12 5.68

FRA:3GA vs APH, GLW, TEL: Cyclically Adjusted PB Ratio Comparison

For the Electronic Components subindustry, Hanza AB'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.


Hanza AB Cyclically Adjusted PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Hanza AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:3GA
70GF Score
Hanza AB FRA:3GA
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hanza AB 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.

Hanza AB's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=12.78/2.26
=5.65

* 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.

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

For example, Hanza AB'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)
=6.028/134.6100*134.6100
=6.028

Current CPI (Jun. 2026) = 134.6100.

Hanza AB Quarterly Data

Book Value per Share CPI Adj_Book
201609 1.378 101.138 1.834
201612 1.324 102.022 1.747
201703 1.329 102.022 1.754
201706 1.354 102.752 1.774
201709 1.384 103.279 1.804
201712 1.353 103.793 1.755
201803 1.319 103.962 1.708
201806 1.349 104.875 1.731
201809 1.355 105.679 1.726
201812 1.338 105.912 1.701
201903 1.346 105.886 1.711
201906 1.342 106.742 1.692
201909 1.372 107.214 1.723
201912 1.398 107.766 1.746
202003 1.417 106.563 1.790
202006 1.358 107.498 1.701
202009 1.382 107.635 1.728
202012 1.374 108.296 1.708
202103 1.430 108.360 1.776
202106 1.478 108.928 1.826
202109 1.535 110.338 1.873
202112 1.595 112.486 1.909
202203 1.639 114.825 1.921
202206 1.752 118.384 1.992
202209 1.836 122.296 2.021
202212 2.080 126.365 2.216
202303 2.193 127.042 2.324
202306 2.238 129.407 2.328
202309 2.271 130.224 2.347
202312 2.784 131.912 2.841
202403 2.943 132.205 2.997
202406 2.833 132.716 2.873
202409 2.889 132.304 2.939
202412 2.947 132.987 2.983
202503 3.291 132.825 3.335
202506 3.367 133.699 3.390
202509 3.507 133.480 3.537
202512 3.627 133.390 3.660
202603 6.122 133.560 6.170
202606 6.028 134.610 6.028

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 5.65 mean?
Hanza AB (FRA:3GA) has a Cyclically Adjusted PB Ratio of 5.65 as of Sep. 06, 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 Hanza AB and its competitors. This is 64% above median its historical median of 3.44. Over the past decade, Hanza AB's Cyclically Adjusted PB Ratio has ranged from 1.09 to 7.49. According to the industry distribution chart, Hanza AB ranks #1584 out of 1928 companies in the Hardware industry, placing it in the top 82.2%.
Is Hanza AB's Cyclically Adjusted PB Ratio too high?
Hanza AB's current Cyclically Adjusted PB Ratio of 5.65 is 64% above median its 10-year median of 3.44. Over the past 10 years, this metric has ranged from a low of 1.09 to a high of 7.49. The Hardware industry median Cyclically Adjusted PB Ratio is 2.07. Hanza AB's value of 5.65 is 172.9% above this industry median. Based on the distribution chart, Hanza AB ranks #1584 out of 1928 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Hanza AB has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hanza AB's Cyclically Adjusted PB Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Hanza AB ranks #1584 out of 1928 companies for Cyclically Adjusted PB Ratio. This places Hanza AB in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.07. Hanza AB's value of 5.65 is 172.9% above this benchmark. Historically, Hanza AB's own Cyclically Adjusted PB Ratio has ranged from 1.09 to 7.49 over the past decade. While the company's 10-year median is 3.44 vs. the industry median of 2.07, Hanza AB 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 Hardware company?
The median Cyclically Adjusted PB Ratio among Hardware companies is 2.07, based on 1,928 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. Hanza AB's current Cyclically Adjusted PB Ratio of 5.65 is 172.9% 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 Hanza AB and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hanza AB's current Cyclically Adjusted PB Ratio is 5.65, which is 64% above median its own 10-year median of 3.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hanza AB stock overvalued right now?
Based on GuruFocus' analysis, Hanza AB (FRA:3GA) is currently considered Modestly Overvalued. The stock's GF Value™ is €10.42, compared to a current price of €12.78 — trading 22.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 5.65, which is 64% above median its 10-year median of 3.44 and 172.9% above the Hardware industry median of 2.07. Hanza AB's overall GF Score™ is 70/100 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 Hanza AB (FRA:3GA), the current Cyclically Adjusted PB Ratio is 5.65 as of Sep. 06, 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 Hanza AB (FRA:3GA) Overvalued in 2026?

Based on GuruFocus' analysis, Hanza AB stock appears to be overvalued. The current stock price of €12.78 is trading 22.6% above its estimated GF Value™ of €10.42. GuruFocus considers Hanza AB to be Modestly Overvalued.

Key valuation signals for FRA:3GA:

  • Cyclically Adjusted PB Ratio: 5.65 (64% above median its 10-year median of 3.44)
  • GF Value™: €10.42 vs. price of €12.78 (22.6% above fair value)
  • GF Score™: 70/100 with 3 warning signs
  • Industry Position: 172.9% above the Hardware median (#1584 of 1928)

No single metric tells the full story. See the FRA:3GA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hanza AB Business Description

Other Exchanges HANZA:SwedenHANZAs:UK
Address Torshamnsgatan 35, Kista, Stockholm, SWE, 164 40
Hanza AB is a global knowledge-based manufacturing company that modernizes and streamlines the manufacturing industry. Through supply-chain advisory services and with production facilities grouped into regional manufacturing clusters, it creates stable deliveries, increased profitability and an environmentally friendly manufacturing process for customers. The company has six manufacturing clusters: Sweden, Finland, Germany, Baltics, Central Europe and China. The business areas of the company include Business Advisory Services, Simplifying Eco Design and Manufacturing Solutions. The company has three reportable segments: Main Markets; Other Markets; and Business Development.
70GF Score

Get the complete analysis for FRA:3GA

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

€12.78
Price
€10.42
GF Value