Tecnotree (FRA:3TT0) Cyclically Adjusted PB Ratio: 2.01 (As of Aug. 10, 2026) — 12% Above Median

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FRA:3TT0 Tecnotree Corp FRA:3TT0
70 GF Score
Price €6.01
GF Value €4.11
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Tecnotree Cyclically Adjusted PB Ratio?

Tecnotree FRA:3TT0 +1.69% 70 Cyclically Adjusted PB Ratio is 2.01 as of Aug. 10, 2026, which is 12% above its 10-year median of 1.79. GuruFocus rates FRA:3TT0 with a GF Score™ of 70/100 and a GF Value™ of €4.11 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,558 Software companies, Tecnotree ranks better than 54.17% on this metric.

As of today (2026-08-10), Tecnotree's current share price is €6.01. Tecnotree's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €2.99. Tecnotree's Cyclically Adjusted PB Ratio for today is 2.01.

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

FRA:3TT0' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.13   Med: 1.79   Max: 12.74
Current: 2.06

During the past years, Tecnotree's highest Cyclically Adjusted PB Ratio was 12.74. The lowest was 0.13. And the median was 1.79.

FRA:3TT0's Cyclically Adjusted PB Ratio is ranked better than
54.17% of 1558 companies
in the Software industry
Industry Median: 2.31 vs FRA:3TT0: 2.06

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.

Tecnotree's adjusted book value per share data for the three months ended in Jun. 2026 was €5.418. 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 €2.99 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tecnotree  (FRA:3TT0) 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.


Tecnotree Cyclically Adjusted PB Ratio Related Terms


Tecnotree Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Tecnotree'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.

Tecnotree Cyclically Adjusted PB Ratio Chart

Tecnotree 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 12.58 5.71 2.98 1.03 1.54

Tecnotree 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 1.55 1.66 1.54 1.87 1.87

FRA:3TT0 vs QH, SHOP, UBER: Cyclically Adjusted PB Ratio Comparison

For the Software - Application subindustry, Tecnotree'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.


Tecnotree Cyclically Adjusted PB Ratio vs Software Industry

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

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


FRA:3TT0
70GF Score
Tecnotree Corp FRA:3TT0
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tecnotree 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=6.01/2.99
=2.01

* 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.

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

For example, Tecnotree'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)
=5.418/125.0800*125.0800
=5.418

Current CPI (Jun. 2026) = 125.0800.

Tecnotree Quarterly Data

Book Value per Share CPI Adj_Book
201609 1.308 100.540 1.627
201612 1.724 101.020 2.135
201703 1.501 100.910 1.861
201706 1.384 101.140 1.712
201709 1.188 101.320 1.467
201712 -1.025 101.510 -1.263
201803 -1.762 101.730 -2.166
201806 -1.777 102.320 -2.172
201809 -1.304 102.600 -1.590
201812 -0.766 102.710 -0.933
201903 -0.259 102.870 -0.315
201906 -0.105 103.360 -0.127
201909 0.089 103.540 0.108
201912 0.277 103.650 0.334
202003 0.452 103.490 0.546
202006 0.810 103.320 0.981
202009 1.151 103.710 1.388
202012 1.496 103.890 1.801
202103 1.807 104.870 2.155
202106 2.271 105.360 2.696
202109 4.058 106.290 4.775
202112 4.457 107.490 5.186
202203 4.283 110.950 4.828
202206 4.848 113.570 5.339
202209 5.082 114.920 5.531
202212 5.137 117.320 5.477
202303 5.160 119.750 5.390
202306 5.218 120.690 5.408
202309 5.486 121.280 5.658
202312 5.450 121.540 5.609
202403 5.370 122.360 5.489
202406 5.480 122.230 5.608
202409 5.596 122.260 5.725
202412 5.727 122.390 5.853
202503 5.834 123.010 5.932
202506 5.712 122.530 5.831
202509 5.909 122.880 6.015
202512 6.117 122.670 6.237
202603 5.520 124.670 5.538
202606 5.418 125.080 5.418

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 2.01 mean?
Tecnotree (FRA:3TT0) has a Cyclically Adjusted PB Ratio of 2.01 as of Aug. 10, 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 Tecnotree and its competitors. This is 12% above median its historical median of 1.79. Over the past decade, Tecnotree's Cyclically Adjusted PB Ratio has ranged from 0.13 to 12.74. According to the industry distribution chart, Tecnotree ranks #714 out of 1558 companies in the Software industry, placing it in the top 45.8%.
Is Tecnotree's Cyclically Adjusted PB Ratio too high?
Tecnotree's current Cyclically Adjusted PB Ratio of 2.01 is 12% above median its 10-year median of 1.79. Over the past 10 years, this metric has ranged from a low of 0.13 to a high of 12.74. The Software industry median Cyclically Adjusted PB Ratio is 2.31. Tecnotree's value of 2.01 is 13% below this industry median. Based on the distribution chart, Tecnotree ranks #714 out of 1558 companies in the Software industry, which is above the industry midpoint. Overall, Tecnotree has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tecnotree's Cyclically Adjusted PB Ratio compare to QH and SHOP?
According to the Software industry distribution chart, Tecnotree ranks #714 out of 1558 companies for Cyclically Adjusted PB Ratio. This puts Tecnotree in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.31. Tecnotree's value of 2.01 is 13% below this benchmark. Historically, Tecnotree's own Cyclically Adjusted PB Ratio has ranged from 0.13 to 12.74 over the past decade. While the company's 10-year median is 1.79 vs. the industry median of 2.31, Tecnotree has consistently been below 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 Software company?
The median Cyclically Adjusted PB Ratio among Software companies is 2.31, based on 1,558 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. Tecnotree's current Cyclically Adjusted PB Ratio of 2.01 is 13% below 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 Tecnotree and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tecnotree's current Cyclically Adjusted PB Ratio is 2.01, which is 12% above median its own 10-year median of 1.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tecnotree stock overvalued right now?
Based on GuruFocus' analysis, Tecnotree (FRA:3TT0) is currently considered Significantly Overvalued. The stock's GF Value™ is €4.11, compared to a current price of €6.01 — trading 46.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.01, which is 12% above median its 10-year median of 1.79 and 13% below the Software industry median of 2.31. Tecnotree'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 Tecnotree (FRA:3TT0), the current Cyclically Adjusted PB Ratio is 2.01 as of Aug. 10, 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 Tecnotree (FRA:3TT0) Overvalued in 2026?

Based on GuruFocus' analysis, Tecnotree stock appears to be overvalued. The current stock price of €6.01 is trading 46.2% above its estimated GF Value™ of €4.11. GuruFocus considers Tecnotree to be Significantly Overvalued.

Key valuation signals for FRA:3TT0:

  • Cyclically Adjusted PB Ratio: 2.01 (12% above median its 10-year median of 1.79)
  • GF Value™: €4.11 vs. price of €6.01 (46.2% above fair value)
  • GF Score™: 70/100 with 3 warning signs
  • Industry Position: 13% below the Software median (#714 of 1558)

No single metric tells the full story. See the FRA:3TT0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tecnotree Business Description

Other Exchanges TEM1V:Finland3TT0:Germany
Address Tekniikantie 14, Espoo, FIN, 02150
Tecnotree Corp is a supplier of telecom IT solutions, providing products and services for charging, billing, customer care, and messaging and content services to communication providers. Its product offerings consist of IT solutions related to partner and customer lifecycle management, digital marketplace, business analytics, real-time convergent billing, and order management, among others. The company's operating segments are Europe and the Americas (Europe, North, Central, and South America), MEA, and APAC (the Middle East and Africa and the Asia Pacific ). It derives key revenue from the MEA and APAC geographical divisions.
70GF Score

Get the complete analysis for FRA:3TT0

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

€6.01
Price
€4.11
GF Value