Gremi Media (FRA:4C8) Cyclically Adjusted PB Ratio: 0.76 (As of Aug. 18, 2026) — 32% Below Median

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.
Reviewed by: Charlie Tian Charlie Tian
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:4C8 Gremi Media SA FRA:4C8
72 GF Score
Price €8.45
GF Value €12.95
! 1 Warning Sign
View Full Analysis

What is Gremi Media Cyclically Adjusted PB Ratio?

Gremi Media FRA:4C8 72 Cyclically Adjusted PB Ratio is 0.76 as of Aug. 18, 2026, which is 32% below its 10-year median of 1.11. GuruFocus rates FRA:4C8 with a GF Score™ of 72/100 and a GF Value™ of €12.95. The stock has 1 warning sign investors should review. Among 688 Media - Diversified companies, Gremi Media ranks better than 59.88% on this metric.

As of today (2026-08-18), Gremi Media's current share price is €8.45. Gremi Media's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €11.18. Gremi Media's Cyclically Adjusted PB Ratio for today is 0.76.

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

FRA:4C8' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.57   Med: 1.11   Max: 1.67
Current: 0.75

During the past years, Gremi Media's highest Cyclically Adjusted PB Ratio was 1.67. The lowest was 0.57. And the median was 1.11.

FRA:4C8's Cyclically Adjusted PB Ratio is ranked better than
59.88% of 688 companies
in the Media - Diversified industry
Industry Median: 1 vs FRA:4C8: 0.75

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.

Gremi Media's adjusted book value per share data for the three months ended in Mar. 2026 was €10.393. 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 €11.18 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gremi Media  (FRA:4C8) 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.


Gremi Media Cyclically Adjusted PB Ratio Related Terms


Gremi Media Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Gremi Media'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.

Gremi Media Cyclically Adjusted PB Ratio Chart

Gremi Media 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 0.00 0.00 0.00 1.36

Gremi Media 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 0.00 0.60 1.07 1.36 1.11

FRA:4C8 vs NYT, WLY: Cyclically Adjusted PB Ratio Comparison

For the Publishing subindustry, Gremi Media'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.


Gremi Media Cyclically Adjusted PB Ratio vs Media - Diversified Industry

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

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


FRA:4C8
72GF Score
Gremi Media SA FRA:4C8
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gremi Media 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.

Gremi Media's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=8.45/11.18
=0.76

* 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.

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

For example, Gremi Media'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)
=10.393/163.0700*163.0700
=10.393

Current CPI (Mar. 2026) = 163.0700.

Gremi Media Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.000 99.552 0.000
201609 0.000 99.064 0.000
201612 8.200 100.366 13.323
201703 0.000 101.018 0.000
201706 8.350 101.180 13.458
201709 8.300 101.343 13.355
201712 8.170 102.564 12.990
201803 8.014 102.564 12.742
201806 8.745 103.378 13.794
201809 8.971 103.378 14.151
201812 9.076 103.785 14.260
201903 9.395 104.274 14.693
201906 10.230 105.983 15.740
201909 10.653 105.983 16.391
201912 10.891 107.123 16.579
202003 11.316 109.076 16.918
202006 11.279 109.402 16.812
202009 11.711 109.320 17.469
202012 12.399 109.565 18.454
202103 12.768 112.658 18.481
202106 12.041 113.960 17.230
202109 12.558 115.588 17.717
202112 13.015 119.088 17.822
202203 13.197 125.031 17.212
202206 12.265 131.705 15.186
202209 12.442 135.531 14.970
202212 12.720 139.113 14.911
202303 12.632 145.950 14.114
202306 12.479 147.009 13.842
202309 12.644 146.113 14.111
202312 12.893 147.741 14.231
202403 12.972 149.044 14.193
202406 13.287 150.997 14.349
202409 13.187 153.439 14.015
202412 11.525 154.660 12.152
202503 13.037 157.021 13.539
202506 11.489 157.509 11.895
202509 11.387 158.000 11.752
202512 10.641 158.320 10.960
202603 10.393 163.070 10.393

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 0.76 mean?
Gremi Media (FRA:4C8) has a Cyclically Adjusted PB Ratio of 0.76 as of Aug. 18, 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 Gremi Media and its competitors. This is 32% below median its historical median of 1.11. Over the past decade, Gremi Media's Cyclically Adjusted PB Ratio has ranged from 0.57 to 1.67. According to the industry distribution chart, Gremi Media ranks #276 out of 688 companies in the Media - Diversified industry, placing it in the top 40.1%.
Is Gremi Media's Cyclically Adjusted PB Ratio too high?
Gremi Media's current Cyclically Adjusted PB Ratio of 0.76 is 32% below median its 10-year median of 1.11. Over the past 10 years, this metric has ranged from a low of 0.57 to a high of 1.67. The Media - Diversified industry median Cyclically Adjusted PB Ratio is 1.00. Gremi Media's value of 0.76 is 24% below this industry median. Based on the distribution chart, Gremi Media ranks #276 out of 688 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, Gremi Media has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does Gremi Media's Cyclically Adjusted PB Ratio compare to NYT and WLY?
According to the Media - Diversified industry distribution chart, Gremi Media ranks #276 out of 688 companies for Cyclically Adjusted PB Ratio. This puts Gremi Media in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.00. Gremi Media's value of 0.76 is 24% below this benchmark. Historically, Gremi Media's own Cyclically Adjusted PB Ratio has ranged from 0.57 to 1.67 over the past decade. While the company's 10-year median is 1.11 vs. the industry median of 1.00, Gremi Media 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 Media - Diversified company?
The median Cyclically Adjusted PB Ratio among Media - Diversified companies is 1.00, based on 688 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. Gremi Media's current Cyclically Adjusted PB Ratio of 0.76 is 24% 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 Gremi Media and its competitors. For the Media - Diversified industry, the median Cyclically Adjusted PB Ratio is 1.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gremi Media's current Cyclically Adjusted PB Ratio is 0.76, which is 32% below median its own 10-year median of 1.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gremi Media stock overvalued right now?
Gremi Media (FRA:4C8) has a current Cyclically Adjusted PB Ratio of 0.76. The stock's GF Value™ is €12.95, compared to a current price of €8.45 — trading 34.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.76, which is 32% below median its 10-year median of 1.11 and 24% below the Media - Diversified industry median of 1.00. Gremi Media's overall GF Score™ is 72/100 with 1 warning sign 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 Gremi Media (FRA:4C8), the current Cyclically Adjusted PB Ratio is 0.76 as of Aug. 18, 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 Gremi Media (FRA:4C8) Overvalued in 2026?

Based on GuruFocus' analysis, Gremi Media stock appears to be undervalued. The current stock price of €8.45 is trading 34.7% below its estimated GF Value™ of €12.95.

Key valuation signals for FRA:4C8:

  • Cyclically Adjusted PB Ratio: 0.76 (32% below median its 10-year median of 1.11)
  • GF Value™: €12.95 vs. price of €8.45 (34.7% below fair value)
  • GF Score™: 72/100 with 1 warning sign
  • Industry Position: 24% below the Media - Diversified median (#276 of 688)

No single metric tells the full story. See the FRA:4C8 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Gremi Media Business Description

Other Exchanges GME:Poland
Address ul. Prosta 51, Prosta Office Center, Warszawa, POL, 00-838
Gremi Media SA is a Poland based company, engages in offering economic and business press and an Internet portfolio for professionals and senior managers. It is a polish publisher offering specialized business and legal content in online and offline media. It presents daily commentaries and analyses relating to political, economic and legal events. It offers different services: Compress SA, specializing in creating comprehensive PR strategies and communication solutions.
72GF Score

Get the complete analysis for FRA:4C8

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

€8.45
Price
€12.95
GF Value