Asseco South Eastern Europe (FRA:7T8) Cyclically Adjusted PB Ratio: 3.40 (As of Aug. 14, 2026) — 33% Above Median

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FRA:7T8 Asseco South Eastern Europe SA FRA:7T8
83 GF Score
Price €17.90
GF Value €12.75
! 8 Warning Signs
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What is Asseco South Eastern Europe Cyclically Adjusted PB Ratio?

Asseco South Eastern Europe FRA:7T8 +0.90% 83 Cyclically Adjusted PB Ratio is 3.40 as of Aug. 14, 2026, which is 33% above its 10-year median of 2.55. GuruFocus rates FRA:7T8 with a GF Score™ of 83/100 and a GF Value™ of €12.75. The stock has 8 warning signs investors should review. Among 1,552 Software companies, Asseco South Eastern Europe ranks worse than 62.89% on this metric.

As of today (2026-08-14), Asseco South Eastern Europe's current share price is €17.90. Asseco South Eastern Europe's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €5.26. Asseco South Eastern Europe's Cyclically Adjusted PB Ratio for today is 3.40.

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

FRA:7T8' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.03   Med: 2.55   Max: 3.68
Current: 3.42

During the past years, Asseco South Eastern Europe's highest Cyclically Adjusted PB Ratio was 3.68. The lowest was 2.03. And the median was 2.55.

FRA:7T8's Cyclically Adjusted PB Ratio is ranked worse than
62.89% of 1552 companies
in the Software industry
Industry Median: 2.315 vs FRA:7T8: 3.42

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.

Asseco South Eastern Europe's adjusted book value per share data for the three months ended in Jun. 2026 was €5.604. 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 €5.26 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Asseco South Eastern Europe  (FRA:7T8) 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.


Asseco South Eastern Europe Cyclically Adjusted PB Ratio Related Terms


Asseco South Eastern Europe Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Asseco South Eastern Europe'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.

Asseco South Eastern Europe Cyclically Adjusted PB Ratio Chart

Asseco South Eastern Europe 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 3.14 2.23 2.34 2.22 2.77

Asseco South Eastern Europe 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 3.53 2.99 2.77 2.59 2.54

FRA:7T8 vs QH, SHOP, UBER: Cyclically Adjusted PB Ratio Comparison

For the Software - Application subindustry, Asseco South Eastern Europe'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.


Asseco South Eastern Europe Cyclically Adjusted PB Ratio vs Software Industry

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

* The bar in red indicates where Asseco South Eastern Europe's Cyclically Adjusted PB Ratio falls into.


FRA:7T8
83GF Score
Asseco South Eastern Europe SA FRA:7T8
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Asseco South Eastern Europe 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.

Asseco South Eastern Europe's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=17.90/5.26
=3.40

* 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.

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

For example, Asseco South Eastern Europe'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)
=5.604/162.2800*162.2800
=5.604

Current CPI (Jun. 2026) = 162.2800.

Asseco South Eastern Europe Quarterly Data

Book Value per Share CPI Adj_Book
201609 3.185 99.064 5.217
201612 3.306 100.366 5.345
201703 3.094 101.018 4.970
201706 3.177 101.180 5.095
201709 3.276 101.343 5.246
201712 3.250 102.564 5.142
201803 3.307 102.564 5.232
201806 3.352 103.378 5.262
201809 3.313 103.378 5.201
201812 3.456 103.785 5.404
201903 3.473 104.274 5.405
201906 3.419 105.983 5.235
201909 3.643 105.983 5.578
201912 3.616 107.123 5.478
202003 3.924 109.076 5.838
202006 3.765 109.402 5.585
202009 3.915 109.320 5.812
202012 4.123 109.565 6.107
202103 4.305 112.658 6.201
202106 4.125 113.960 5.874
202109 4.395 115.588 6.170
202112 4.375 119.088 5.962
202203 4.582 125.031 5.947
202206 4.677 131.705 5.763
202209 5.017 135.531 6.007
202212 5.026 139.113 5.863
202303 5.207 145.950 5.790
202306 4.727 147.009 5.218
202309 5.168 146.113 5.740
202312 5.050 147.741 5.547
202403 5.187 149.044 5.648
202406 4.982 150.997 5.354
202409 4.529 153.439 4.790
202412 4.863 154.660 5.103
202503 4.831 157.021 4.993
202506 4.538 157.509 4.675
202509 5.218 158.000 5.359
202512 5.536 158.320 5.674
202603 5.810 163.070 5.782
202606 5.604 162.280 5.604

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 3.40 mean?
Asseco South Eastern Europe (FRA:7T8) has a Cyclically Adjusted PB Ratio of 3.40 as of Aug. 14, 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 Asseco South Eastern Europe and its competitors. This is 33% above median its historical median of 2.55. Over the past decade, Asseco South Eastern Europe's Cyclically Adjusted PB Ratio has ranged from 2.03 to 3.68. According to the industry distribution chart, Asseco South Eastern Europe ranks #976 out of 1552 companies in the Software industry, placing it in the top 62.9%.
Is Asseco South Eastern Europe's Cyclically Adjusted PB Ratio too high?
Asseco South Eastern Europe's current Cyclically Adjusted PB Ratio of 3.40 is 33% above median its 10-year median of 2.55. Over the past 10 years, this metric has ranged from a low of 2.03 to a high of 3.68. The Software industry median Cyclically Adjusted PB Ratio is 2.32. Asseco South Eastern Europe's value of 3.40 is 46.9% above this industry median. Based on the distribution chart, Asseco South Eastern Europe ranks #976 out of 1552 companies in the Software industry, which is below the industry midpoint. Overall, Asseco South Eastern Europe has a GF Score™ of 83/100, reflecting its overall financial health beyond just this single metric.
How does Asseco South Eastern Europe's Cyclically Adjusted PB Ratio compare to QH and SHOP?
According to the Software industry distribution chart, Asseco South Eastern Europe ranks #976 out of 1552 companies for Cyclically Adjusted PB Ratio. This places Asseco South Eastern Europe in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.32. Asseco South Eastern Europe's value of 3.40 is 46.9% above this benchmark. Historically, Asseco South Eastern Europe's own Cyclically Adjusted PB Ratio has ranged from 2.03 to 3.68 over the past decade. While the company's 10-year median is 2.55 vs. the industry median of 2.32, Asseco South Eastern Europe 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 2.32, based on 1,552 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. Asseco South Eastern Europe's current Cyclically Adjusted PB Ratio of 3.40 is 46.9% 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 Asseco South Eastern Europe and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asseco South Eastern Europe's current Cyclically Adjusted PB Ratio is 3.40, which is 33% above median its own 10-year median of 2.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asseco South Eastern Europe stock overvalued right now?
Asseco South Eastern Europe (FRA:7T8) has a current Cyclically Adjusted PB Ratio of 3.40. The stock's GF Value™ is €12.75, compared to a current price of €17.90 — trading 40.4% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.40, which is 33% above median its 10-year median of 2.55 and 46.9% above the Software industry median of 2.32. Asseco South Eastern Europe's overall GF Score™ is 83/100 with 8 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 Asseco South Eastern Europe (FRA:7T8), the current Cyclically Adjusted PB Ratio is 3.40 as of Aug. 14, 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 Asseco South Eastern Europe (FRA:7T8) Overvalued in 2026?

Based on GuruFocus' analysis, Asseco South Eastern Europe stock appears to be overvalued. The current stock price of €17.90 is trading 40.4% above its estimated GF Value™ of €12.75.

Key valuation signals for FRA:7T8:

  • Cyclically Adjusted PB Ratio: 3.40 (33% above median its 10-year median of 2.55)
  • GF Value™: €12.75 vs. price of €17.90 (40.4% above fair value)
  • GF Score™: 83/100 with 8 warning signs
  • Industry Position: 46.9% above the Software median (#976 of 1552)

No single metric tells the full story. See the FRA:7T8 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Asseco South Eastern Europe Business Description

Other Exchanges ASE:Poland
Address ul. Branickiego 13, Warszawa, POL, 02-972
Asseco South Eastern Europe SA along with its subsidiaries provides implementation, integration and outsourcing services. It conducts business operations in the markets of Poland, South Eastern Europe, and Turkey. Its business is divided into three operating segments. Banking Solutions segment deals with integrated banking systems based on the Oracle and Microsoft platforms, including primarily core banking systems. Payment Solutions is engaged in the sale and maintenance of ATMs and POS terminals (point of sale) as well as in the provision of related support services. Systems Integration segment is engaged in the development of customized IT systems, integration of third-party software and elements of infrastructure, as well as in the sale and installation of hardware solutions.
83GF Score

Get the complete analysis for FRA:7T8

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

€17.90
Price
€12.75
GF Value