XPlus (FRA:75R) Cyclically Adjusted PB Ratio: 13.20 (As of Jul. 22, 2026) — 14% Above Median

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FRA:75R XPlus SA FRA:75R
78 GF Score
Price €0.53
GF Value €0.32
! 1 Warning Sign
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What is XPlus Cyclically Adjusted PB Ratio?

XPlus FRA:75R -2.22% 78 Cyclically Adjusted PB Ratio is 13.20 as of Jul. 22, 2026, which is 14% above its 10-year median of 11.59. GuruFocus rates FRA:75R with a GF Score™ of 78/100 and a GF Value™ of €0.32. The stock has 1 warning sign investors should review. Among 1,593 Software companies, XPlus ranks worse than 93.41% on this metric.

As of today (2026-07-22), XPlus's current share price is €0.528. XPlus's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €0.04. XPlus's Cyclically Adjusted PB Ratio for today is 13.20.

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

FRA:75R' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 6.25   Med: 11.59   Max: 31.85
Current: 12.6

During the past years, XPlus's highest Cyclically Adjusted PB Ratio was 31.85. The lowest was 6.25. And the median was 11.59.

FRA:75R's Cyclically Adjusted PB Ratio is ranked worse than
93.41% of 1593 companies
in the Software industry
Industry Median: 2.26 vs FRA:75R: 12.60

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.

XPlus's adjusted book value per share data for the three months ended in Mar. 2026 was €0.084. 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 €0.04 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


XPlus  (FRA:75R) 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.


XPlus Cyclically Adjusted PB Ratio Related Terms


XPlus Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for XPlus'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.

XPlus Cyclically Adjusted PB Ratio Chart

XPlus 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 20.82 13.94 7.79 8.42 10.32

XPlus 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 11.61 14.51 10.32 10.32 7.67

FRA:75R vs MSFT, ORCL, PLTR: Cyclically Adjusted PB Ratio Comparison

For the Software - Infrastructure subindustry, XPlus'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.


XPlus Cyclically Adjusted PB Ratio vs Software Industry

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

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


FRA:75R
78GF Score
XPlus SA FRA:75R
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

XPlus 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.528/0.04
=13.20

* 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.

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

For example, XPlus'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)
=0.084/163.0700*163.0700
=0.084

Current CPI (Mar. 2026) = 163.0700.

XPlus Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.025 99.552 0.041
201609 0.025 99.064 0.041
201612 0.027 100.366 0.044
201703 0.029 101.018 0.047
201706 0.029 101.180 0.047
201709 0.027 101.343 0.043
201712 0.031 102.564 0.049
201803 0.031 102.564 0.049
201806 0.026 103.378 0.041
201809 0.027 103.378 0.043
201812 0.032 103.785 0.050
201903 0.034 104.274 0.053
201906 0.031 105.983 0.048
201909 0.034 105.983 0.052
201912 0.039 107.123 0.059
202003 0.042 109.076 0.063
202006 0.047 109.402 0.070
202009 0.038 109.320 0.057
202012 0.053 109.565 0.079
202103 0.059 112.658 0.085
202106 0.042 113.960 0.060
202109 0.048 115.588 0.068
202112 0.056 119.088 0.077
202203 0.072 125.031 0.094
202206 0.048 131.705 0.059
202209 0.055 135.531 0.066
202212 0.061 139.113 0.072
202303 0.062 145.950 0.069
202306 0.048 147.009 0.053
202309 0.047 146.113 0.052
202312 0.048 147.741 0.053
202403 0.050 149.044 0.055
202406 0.046 150.997 0.050
202409 0.055 153.439 0.058
202412 0.067 154.660 0.071
202503 0.073 157.021 0.076
202506 0.054 157.509 0.056
202509 0.058 158.000 0.060
202512 0.075 158.320 0.077
202603 0.084 163.070 0.084

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 13.20 mean?
XPlus (FRA:75R) has a Cyclically Adjusted PB Ratio of 13.20 as of Jul. 22, 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 XPlus and its competitors. This is 14% above median its historical median of 11.59. Over the past decade, XPlus' Cyclically Adjusted PB Ratio has ranged from 6.25 to 31.85. According to the industry distribution chart, XPlus ranks #1488 out of 1593 companies in the Software industry, placing it in the top 93.4%.
Is XPlus' Cyclically Adjusted PB Ratio too high?
XPlus' current Cyclically Adjusted PB Ratio of 13.20 is 14% above median its 10-year median of 11.59. Over the past 10 years, this metric has ranged from a low of 6.25 to a high of 31.85. The Software industry median Cyclically Adjusted PB Ratio is 2.26. XPlus' value of 13.20 is 484.1% above this industry median. Based on the distribution chart, XPlus ranks #1488 out of 1593 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, XPlus has a GF Score™ of 78/100, reflecting its overall financial health beyond just this single metric.
How does XPlus' Cyclically Adjusted PB Ratio compare to MSFT and ORCL?
According to the Software industry distribution chart, XPlus ranks #1488 out of 1593 companies for Cyclically Adjusted PB Ratio. This places XPlus in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.26. XPlus' value of 13.20 is 484.1% above this benchmark. Historically, XPlus' own Cyclically Adjusted PB Ratio has ranged from 6.25 to 31.85 over the past decade. While the company's 10-year median is 11.59 vs. the industry median of 2.26, XPlus 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 Software company?
The median Cyclically Adjusted PB Ratio among Software companies is 2.26, based on 1,593 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. XPlus's current Cyclically Adjusted PB Ratio of 13.20 is 484.1% 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 XPlus and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. XPlus's current Cyclically Adjusted PB Ratio is 13.20, which is 14% above median its own 10-year median of 11.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is XPlus stock overvalued right now?
XPlus (FRA:75R) has a current Cyclically Adjusted PB Ratio of 13.20. The stock's GF Value™ is €0.32, compared to a current price of €0.53 — trading 65% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 13.20, which is 14% above median its 10-year median of 11.59 and 484.1% above the Software industry median of 2.26. XPlus' overall GF Score™ is 78/100 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 XPlus (FRA:75R), the current Cyclically Adjusted PB Ratio is 13.20 as of Jul. 22, 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 XPlus (FRA:75R) Overvalued in 2026?

Based on GuruFocus' analysis, XPlus stock appears to be overvalued. The current stock price of €0.53 is trading 65% above its estimated GF Value™ of €0.32.

Key valuation signals for FRA:75R:

  • Cyclically Adjusted PB Ratio: 13.20 (14% above median its 10-year median of 11.59)
  • GF Value™: €0.32 vs. price of €0.53 (65% above fair value)
  • GF Score™: 78/100 with 1 warning sign
  • Industry Position: 484.1% above the Software median (#1488 of 1593)

No single metric tells the full story. See the FRA:75R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


XPlus Business Description

Other Exchanges XPL:Poland
Address Pulawska 435A, Warsaw, POL, 02-801
XPlus SA offers software and specialized implementation services in Poland. The company develops methods and tools to manage the organization in the design business. It also provides strategic and processes consultancy services as well as IT systems implementation services. Its ERP, CRM and XPLUS solutions include Microsoft Dynamics AX, Microsoft Dynamics CRM, Microsoft Dynamics 365, Uniform Audit File, Webcon BPS and EMCS.
78GF Score

Get the complete analysis for FRA:75R

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

€0.53
Price
€0.32
GF Value