Tinexta (FRA:7T4) Cyclically Adjusted PB Ratio: (As of Sep. 20, 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.
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:7T4 Tinexta FRA:7T4
79 GF Score
Price €14.80
GF Value €15.18
! 12 Warning Signs
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What is Tinexta Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Tinexta  (FRA:7T4) 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.


Tinexta Cyclically Adjusted PB Ratio Related Terms


Tinexta Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Tinexta'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.

Tinexta Cyclically Adjusted PB Ratio Chart

Tinexta 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 - 5.60 4.06 1.35 2.38

Tinexta 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 2.15 2.54 2.42 2.39 2.41

FRA:7T4 vs IBM, ACN, CTSH: Cyclically Adjusted PB Ratio Comparison

For the Information Technology Services subindustry, Tinexta'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.


Tinexta Cyclically Adjusted PB Ratio vs Software Industry

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

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


FRA:7T4
79GF Score
Tinexta FRA:7T4
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tinexta 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.

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

For example, Tinexta'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)
=3.499/126.4000*126.4000
=3.499

Current CPI (Jun. 2026) = 126.4000.

Tinexta Quarterly Data

Book Value per Share CPI Adj_Book
201609 2.704 100.100 3.414
201612 2.809 100.300 3.540
201703 2.764 101.000 3.459
201706 2.748 101.100 3.436
201709 2.895 101.200 3.616
201712 3.075 101.200 3.841
201803 2.868 101.800 3.561
201806 2.974 102.400 3.671
201809 2.987 102.600 3.680
201812 3.100 102.300 3.830
201903 3.030 102.800 3.726
201906 2.936 103.100 3.600
201909 3.051 102.900 3.748
201912 3.165 102.800 3.892
202003 3.222 102.900 3.958
202006 3.307 102.900 4.062
202009 3.516 102.300 4.344
202012 3.749 102.600 4.619
202103 3.678 103.700 4.483
202106 3.609 104.200 4.378
202109 4.953 104.900 5.968
202112 5.275 106.600 6.255
202203 6.939 110.400 7.945
202206 6.834 112.500 7.678
202209 6.995 114.200 7.742
202212 8.815 119.000 9.363
202303 10.275 118.800 10.932
202306 9.843 119.700 10.394
202309 9.894 120.300 10.396
202312 9.914 119.700 10.469
202403 9.877 120.200 10.386
202406 9.365 120.700 9.807
202409 9.631 121.200 10.044
202412 10.055 121.200 10.486
202503 10.050 122.500 10.370
202506 9.418 122.700 9.702
202509 9.186 123.100 9.432
202512 7.491 122.600 7.723
202603 4.362 124.560 4.426
202606 3.499 126.400 3.499

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 Tinexta (FRA:7T4) Overvalued in 2026?

Based on GuruFocus' analysis, Tinexta stock appears to be undervalued. The current stock price of €14.80 is trading 2.5% below its estimated GF Value™ of €15.18.

Key valuation signals for FRA:7T4:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €15.18 vs. price of €14.80 (2.5% below fair value)
  • GF Score™: 79/100 with 12 warning signs

No single metric tells the full story. See the FRA:7T4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tinexta Business Description

Other Exchanges TNXT:Italy0RIW:UK
Address Piazzale Flaminio, 1/B, Rome, ITA, 00196
Tinexta is an operator of an industrial group intended for the digital transformation and growth of companies. The company offers advanced services for digital identity and certification, cybersecurity, digital marketing, and access to financing, enabling companies, professionals, and institutions to get access to innovation and internationalization. Its segments include: Digital Trust, Cybersecurity, and Business Innovation. The company derives maximum revenue from Digital Trust segment. The Digital Trust segment leads citizens, professionals, institutions and businesses towards sustainable digitalization that is aligned with the market standards. It designs solutions that add value to any process, guaranteeing compliance with national and international regulations in every country.
79GF Score

Get the complete analysis for FRA:7T4

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

€14.80
Price
€15.18
GF Value