AHT Syngas Technology NV (FRA:3SQ1) Cyclically Adjusted PB Ratio: 2.10 (As of Sep. 03, 2026) — 91% Below Median

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FRA:3SQ1 AHT Syngas Technology NV FRA:3SQ1
62 GF Score
Price €2.16
GF Value €3.64
Valuation Possible Value Trap
! 5 Warning Signs
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What is AHT Syngas Technology NV Cyclically Adjusted PB Ratio?

AHT Syngas Technology NV FRA:3SQ1 +1.89% 62 Cyclically Adjusted PB Ratio is 2.10 as of Sep. 03, 2026, which is 91% below its 10-year median of 23.73. GuruFocus rates FRA:3SQ1 with a GF Score™ of 62/100 and a GF Value™ of €3.64 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 261 Utilities - Independent Power Producers companies, AHT Syngas Technology NV ranks worse than 75.48% on this metric.

As of today (2026-09-03), AHT Syngas Technology NV's current share price is €2.16. AHT Syngas Technology NV's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was €1.03. AHT Syngas Technology NV's Cyclically Adjusted PB Ratio for today is 2.10.

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

FRA:3SQ1' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.57   Med: 23.73   Max: 86.67
Current: 2.17

During the past 13 years, AHT Syngas Technology NV's highest Cyclically Adjusted PB Ratio was 86.67. The lowest was 1.57. And the median was 23.73.

FRA:3SQ1's Cyclically Adjusted PB Ratio is ranked worse than
75.48% of 261 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.19 vs FRA:3SQ1: 2.17

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.

AHT Syngas Technology NV's adjusted book value per share data of for the fiscal year that ended in Dec25 was €0.653. 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 €1.03 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


AHT Syngas Technology NV  (FRA:3SQ1) 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.


AHT Syngas Technology NV Cyclically Adjusted PB Ratio Related Terms


AHT Syngas Technology NV Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for AHT Syngas Technology NV'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.

AHT Syngas Technology NV Cyclically Adjusted PB Ratio Chart

AHT Syngas Technology NV 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 56.89 46.80 15.12 2.33

AHT Syngas Technology NV Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 46.80 0.00 15.12 0.00 2.33

FRA:3SQ1 vs CEG, VST, NRG: Cyclically Adjusted PB Ratio Comparison

For the Utilities - Independent Power Producers subindustry, AHT Syngas Technology NV'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.


AHT Syngas Technology NV Cyclically Adjusted PB Ratio vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, AHT Syngas Technology NV's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where AHT Syngas Technology NV's Cyclically Adjusted PB Ratio falls into.


FRA:3SQ1
62GF Score
AHT Syngas Technology NV FRA:3SQ1
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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AHT Syngas Technology NV 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.

AHT Syngas Technology NV's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.16/1.03
=2.10

* 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.

AHT Syngas Technology NV's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, AHT Syngas Technology NV's adjusted Book Value per Share data for the fiscal year that ended in Dec25 was:

Adj_Book=Book Value per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=0.653/129.3606*129.3606
=0.653

Current CPI (Dec25) = 129.3606.

AHT Syngas Technology NV Annual Data

Book Value per Share CPI Adj_Book
201612 0.390 101.217 0.498
201712 0.292 102.617 0.368
201812 0.447 104.217 0.555
201912 0.667 105.818 0.815
202012 0.973 105.518 1.193
202112 0.861 110.384 1.009
202212 1.421 119.345 1.540
202312 1.734 123.773 1.812
202412 1.837 127.041 1.871
202512 0.653 129.361 0.653

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 2.10 mean?
AHT Syngas Technology NV (FRA:3SQ1) has a Cyclically Adjusted PB Ratio of 2.10 as of Sep. 03, 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 AHT Syngas Technology NV and its competitors. This is 91% below median its historical median of 23.73. Over the past decade, AHT Syngas Technology NV's Cyclically Adjusted PB Ratio has ranged from 1.57 to 86.67. According to the industry distribution chart, AHT Syngas Technology NV ranks #197 out of 261 companies in the Utilities - Independent Power Producers industry, placing it in the top 75.5%.
Is AHT Syngas Technology NV's Cyclically Adjusted PB Ratio too high?
AHT Syngas Technology NV's current Cyclically Adjusted PB Ratio of 2.10 is 91% below median its 10-year median of 23.73. Over the past 10 years, this metric has ranged from a low of 1.57 to a high of 86.67. The Utilities - Independent Power Producers industry median Cyclically Adjusted PB Ratio is 1.19. AHT Syngas Technology NV's value of 2.10 is 76.5% above this industry median. Based on the distribution chart, AHT Syngas Technology NV ranks #197 out of 261 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, AHT Syngas Technology NV has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does AHT Syngas Technology NV's Cyclically Adjusted PB Ratio compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, AHT Syngas Technology NV ranks #197 out of 261 companies for Cyclically Adjusted PB Ratio. This places AHT Syngas Technology NV in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.19. AHT Syngas Technology NV's value of 2.10 is 76.5% above this benchmark. Historically, AHT Syngas Technology NV's own Cyclically Adjusted PB Ratio has ranged from 1.57 to 86.67 over the past decade. While the company's 10-year median is 23.73 vs. the industry median of 1.19, AHT Syngas Technology NV 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 Utilities - Independent Power Producers company?
The median Cyclically Adjusted PB Ratio among Utilities - Independent Power Producers companies is 1.19, based on 261 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. AHT Syngas Technology NV's current Cyclically Adjusted PB Ratio of 2.10 is 76.5% 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 AHT Syngas Technology NV and its competitors. For the Utilities - Independent Power Producers industry, the median Cyclically Adjusted PB Ratio is 1.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AHT Syngas Technology NV's current Cyclically Adjusted PB Ratio is 2.10, which is 91% below median its own 10-year median of 23.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AHT Syngas Technology NV stock overvalued right now?
Based on GuruFocus' analysis, AHT Syngas Technology NV (FRA:3SQ1) is currently considered Possible Value Trap. The stock's GF Value™ is €3.64, compared to a current price of €2.16 — trading 40.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.10, which is 91% below median its 10-year median of 23.73 and 76.5% above the Utilities - Independent Power Producers industry median of 1.19. AHT Syngas Technology NV's overall GF Score™ is 62/100 with 5 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 AHT Syngas Technology NV (FRA:3SQ1), the current Cyclically Adjusted PB Ratio is 2.10 as of Sep. 03, 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 AHT Syngas Technology NV (FRA:3SQ1) Overvalued in 2026?

Based on GuruFocus' analysis, AHT Syngas Technology NV stock appears to be undervalued. The current stock price of €2.16 is trading 40.7% below its estimated GF Value™ of €3.64. GuruFocus considers AHT Syngas Technology NV to be Possible Value Trap.

Key valuation signals for FRA:3SQ1:

  • Cyclically Adjusted PB Ratio: 2.10 (91% below median its 10-year median of 23.73)
  • GF Value™: €3.64 vs. price of €2.16 (40.7% below fair value)
  • GF Score™: 62/100 with 5 warning signs
  • Industry Position: 76.5% above the Utilities - Independent Power Producers median (#197 of 261)

No single metric tells the full story. See the FRA:3SQ1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


AHT Syngas Technology NV Business Description

Other Exchanges 3SQ1:Germany
Address Diepenbroich 15, Overath, NW, DEU, 51491
AHT Syngas Technology NV plans builds and manages decentralised power plants from compact, biomass-powered container solutions for agriculture to medium-sized electricity generation plants intended for jungle environments.
62GF Score

Get the complete analysis for FRA:3SQ1

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

€2.16
Price
€3.64
GF Value