Zaplox AB (FRA:8040) Cyclically Adjusted PB Ratio: 0.10 (As of Aug. 13, 2026) — 25% Above Median

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FRA:8040 Zaplox AB FRA:8040
38 GF Score
Price €0.09
GF Value €0.07
! 4 Warning Signs
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What is Zaplox AB Cyclically Adjusted PB Ratio?

Zaplox AB FRA:8040 -1.57% 38 Cyclically Adjusted PB Ratio is 0.10 as of Aug. 13, 2026, which is 25% above its 10-year median of 0.08. GuruFocus rates FRA:8040 with a GF Score™ of 38/100 and a GF Value™ of €0.07. The stock has 4 warning signs investors should review. Among 1,551 Software companies, Zaplox AB ranks better than 96.13% on this metric.

As of today (2026-08-13), Zaplox AB's current share price is €0.0876. Zaplox AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €0.92. Zaplox AB's Cyclically Adjusted PB Ratio for today is 0.10.

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

FRA:8040' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.06   Med: 0.08   Max: 0.1
Current: 0.1

During the past years, Zaplox AB's highest Cyclically Adjusted PB Ratio was 0.10. The lowest was 0.06. And the median was 0.08.

FRA:8040's Cyclically Adjusted PB Ratio is ranked better than
96.13% of 1551 companies
in the Software industry
Industry Median: 2.31 vs FRA:8040: 0.10

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.

Zaplox AB's adjusted book value per share data for the three months ended in Mar. 2026 was €0.001. 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 €0.92 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Zaplox AB  (FRA:8040) 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.


Zaplox AB Cyclically Adjusted PB Ratio Related Terms


Zaplox AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Zaplox AB'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.

Zaplox AB Cyclically Adjusted PB Ratio Chart

Zaplox AB 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 0.07

Zaplox AB 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 0.00 0.00 0.07 0.08

FRA:8040 vs QH, SHOP, UBER: Cyclically Adjusted PB Ratio Comparison

For the Software - Application subindustry, Zaplox AB'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.


Zaplox AB Cyclically Adjusted PB Ratio vs Software Industry

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

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


FRA:8040
38GF Score
Zaplox AB FRA:8040
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zaplox AB 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.

Zaplox AB's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.0876/0.92
=0.10

* 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.

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

For example, Zaplox AB'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)
=0.001/133.5600*133.5600
=0.001

Current CPI (Mar. 2026) = 133.5600.

Zaplox AB Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.000 101.019 0.000
201609 0.000 101.138 0.000
201612 1.430 102.022 1.872
201703 0.000 102.022 0.000
201706 3.860 102.752 5.017
201709 3.702 103.279 4.787
201712 2.983 103.793 3.839
201803 2.438 103.962 3.132
201806 1.913 104.875 2.436
201809 1.423 105.679 1.798
201812 2.687 105.912 3.388
201903 2.265 105.886 2.857
201906 1.782 106.742 2.230
201909 1.385 107.214 1.725
201912 0.965 107.766 1.196
202003 0.608 106.563 0.762
202006 1.022 107.498 1.270
202009 0.695 107.635 0.862
202012 0.392 108.296 0.483
202103 1.014 108.360 1.250
202106 0.395 108.928 0.484
202109 0.182 110.338 0.220
202112 0.409 112.486 0.486
202203 0.200 114.825 0.233
202206 0.286 118.384 0.323
202209 0.204 122.296 0.223
202212 0.098 126.365 0.104
202303 0.039 127.042 0.041
202306 0.079 129.407 0.082
202309 0.060 130.224 0.062
202312 0.034 131.912 0.034
202403 0.045 132.205 0.045
202406 0.031 132.716 0.031
202409 0.035 132.304 0.035
202412 0.025 132.987 0.025
202503 0.016 132.825 0.016
202506 0.005 133.699 0.005
202509 -0.001 133.480 -0.001
202512 -0.001 133.390 -0.001
202603 0.001 133.560 0.001

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 0.10 mean?
Zaplox AB (FRA:8040) has a Cyclically Adjusted PB Ratio of 0.10 as of Aug. 13, 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 Zaplox AB and its competitors. This is 25% above median its historical median of 0.08. Over the past decade, Zaplox AB's Cyclically Adjusted PB Ratio has ranged from 0.06 to 0.10. According to the industry distribution chart, Zaplox AB ranks #60 out of 1551 companies in the Software industry, placing it in the top 3.9%.
Is Zaplox AB's Cyclically Adjusted PB Ratio too high?
Zaplox AB's current Cyclically Adjusted PB Ratio of 0.10 is 25% above median its 10-year median of 0.08. Over the past 10 years, this metric has ranged from a low of 0.06 to a high of 0.10. The Software industry median Cyclically Adjusted PB Ratio is 2.31. Zaplox AB's value of 0.10 is 95.7% below this industry median. Based on the distribution chart, Zaplox AB ranks #60 out of 1551 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Zaplox AB has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does Zaplox AB's Cyclically Adjusted PB Ratio compare to QH and SHOP?
According to the Software industry distribution chart, Zaplox AB ranks #60 out of 1551 companies for Cyclically Adjusted PB Ratio. This places Zaplox AB in the top 4% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 2.31. Zaplox AB's value of 0.10 is 95.7% below this benchmark. Historically, Zaplox AB's own Cyclically Adjusted PB Ratio has ranged from 0.06 to 0.10 over the past decade. While the company's 10-year median is 0.08 vs. the industry median of 2.31, Zaplox AB 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 Software company?
The median Cyclically Adjusted PB Ratio among Software companies is 2.31, based on 1,551 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. Zaplox AB's current Cyclically Adjusted PB Ratio of 0.10 is 95.7% 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 Zaplox AB and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zaplox AB's current Cyclically Adjusted PB Ratio is 0.10, which is 25% above median its own 10-year median of 0.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zaplox AB stock overvalued right now?
Zaplox AB (FRA:8040) has a current Cyclically Adjusted PB Ratio of 0.10. The stock's GF Value™ is €0.07, compared to a current price of €0.09 — trading 25.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.10, which is 25% above median its 10-year median of 0.08 and 95.7% below the Software industry median of 2.31. Zaplox AB's overall GF Score™ is 38/100 with 4 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 Zaplox AB (FRA:8040), the current Cyclically Adjusted PB Ratio is 0.10 as of Aug. 13, 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 Zaplox AB (FRA:8040) Overvalued in 2026?

Based on GuruFocus' analysis, Zaplox AB stock appears to be overvalued. The current stock price of €0.09 is trading 25.1% above its estimated GF Value™ of €0.07.

Key valuation signals for FRA:8040:

  • Cyclically Adjusted PB Ratio: 0.10 (25% above median its 10-year median of 0.08)
  • GF Value™: €0.07 vs. price of €0.09 (25.1% above fair value)
  • GF Score™: 38/100 with 4 warning signs
  • Industry Position: 95.7% below the Software median (#60 of 1551)

No single metric tells the full story. See the FRA:8040 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zaplox AB Business Description

Other Exchanges ZAPLOX:Sweden
Address Scheelevagen 27, IDEON Gateway, Lund, SWE, 223 63
Zaplox AB is the provider of mobile commercial key solutions to hotels and holiday homes.Zaplox is a provider of digital guest solutions for the hospitality industry. The company's SaaS platform is designed to enhance the guest experience and offers a comprehensive suite of products and services, including check-in and mobile key functionality. Zaplox's platform is a valuable complement to the guest experience, helping hotel chains, resorts and casinos in EMEA, North America and APAC deliver a seamless digital experience.
38GF Score

Get the complete analysis for FRA:8040

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

€0.09
Price
€0.07
GF Value