Selena FM (FRA:3Z3) Cyclically Adjusted PB Ratio: (As of Sep. 21, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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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.

FRA:3Z3 Selena FM SA FRA:3Z3
79 GF Score
Price €12.65
GF Value €7.82
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Selena FM Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Selena FM  (FRA:3Z3) 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.


Selena FM Cyclically Adjusted PB Ratio Related Terms


Selena FM Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Selena FM'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.

Selena FM Cyclically Adjusted PB Ratio Chart

Selena FM 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 0.98 0.78 1.28 0.89 1.85

Selena FM Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.13 1.15 1.21 1.88 1.46

FRA:3Z3 vs LIN, SHW, ECL: Cyclically Adjusted PB Ratio Comparison

For the Specialty Chemicals subindustry, Selena FM'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.


Selena FM Cyclically Adjusted PB Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Selena FM's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:3Z3
79GF Score
Selena FM SA FRA:3Z3
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Selena FM 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.

Selena FM's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=8.782/163.0700*163.0700
=8.782

Current CPI (Mar. 2026) = 163.0700.

Selena FM Quarterly Data

Book Value per Share CPI Adj_Book
201606 4.162 99.552 6.817
201609 4.411 99.064 7.261
201612 4.318 100.366 7.016
201703 4.380 101.018 7.071
201706 4.308 101.180 6.943
201709 4.385 101.343 7.056
201712 4.437 102.564 7.055
201803 4.352 102.564 6.919
201806 4.295 103.378 6.775
201809 4.452 103.378 7.023
201812 4.343 103.785 6.824
201903 4.403 104.274 6.886
201906 4.528 105.983 6.967
201909 4.706 105.983 7.241
201912 4.729 107.123 7.199
202003 4.409 109.076 6.592
202006 4.800 109.402 7.155
202009 5.041 109.320 7.520
202012 5.110 109.565 7.605
202103 5.138 112.658 7.437
202106 5.524 113.960 7.905
202109 5.770 115.588 8.140
202112 5.801 119.088 7.943
202203 6.199 125.031 8.085
202206 6.537 131.705 8.094
202209 6.992 135.531 8.413
202212 7.090 139.113 8.311
202303 7.028 145.950 7.852
202306 7.026 147.009 7.794
202309 7.313 146.113 8.162
202312 7.459 147.741 8.233
202403 7.720 149.044 8.447
202406 7.645 150.997 8.256
202409 7.817 153.439 8.308
202412 7.983 154.660 8.417
202503 8.325 157.021 8.646
202506 7.768 157.509 8.042
202509 8.263 158.000 8.528
202512 8.607 158.320 8.865
202603 8.782 163.070 8.782

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 Selena FM (FRA:3Z3) Overvalued in 2026?

Based on GuruFocus' analysis, Selena FM stock appears to be overvalued. The current stock price of €12.65 is trading 61.8% above its estimated GF Value™ of €7.82. GuruFocus considers Selena FM to be Significantly Overvalued.

Key valuation signals for FRA:3Z3:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €7.82 vs. price of €12.65 (61.8% above fair value)
  • GF Score™: 79/100 with 7 warning signs

No single metric tells the full story. See the FRA:3Z3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Selena FM Business Description

Other Exchanges SEL:Poland3Z3:Germany
Address Legnicka 48A, Wroclaw, POL, 54-202
Selena FM SA is a Poland-based company engaged in the construction materials sector. The core business of the group includes the production, distribution, and sale of construction chemicals, building materials for doors and windows, and general building accessories. Its products include polyurethane foams, adhesives, sealants, building insulation systems, flooring systems, interior wall systems, ceramic tile systems, construction mortars, waterproofing materials, and other products primarily under Tytan, Quilosa, Artelit, Cool-R, and Matizol brand names. The company's geographical segments include European Union; Eastern Europe and Asia, and North and South America. It derives a majority of its revenue from the European Union.
79GF Score

Get the complete analysis for FRA:3Z3

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

€12.65
Price
€7.82
GF Value