Adways (FRA:A02) Cyclically Adjusted PB Ratio: 0.88 (As of Jul. 30, 2026) — 48% Below Median

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FRA:A02 Adways Inc FRA:A02
73 GF Score
Price €1.64
GF Value €2.08
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Adways Cyclically Adjusted PB Ratio?

Adways FRA:A02 +3.14% 73 Cyclically Adjusted PB Ratio is 0.88 as of Jul. 30, 2026, which is 48% below its 10-year median of 1.70. GuruFocus rates FRA:A02 with a GF Score™ of 73/100 and a GF Value™ of €2.08 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 347 Interactive Media companies, Adways ranks better than 63.11% on this metric.

As of today (2026-07-30), Adways's current share price is €1.64. Adways's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was €1.87. Adways's Cyclically Adjusted PB Ratio for today is 0.88.

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

FRA:A02' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.71   Med: 1.7   Max: 3.96
Current: 0.86

During the past years, Adways's highest Cyclically Adjusted PB Ratio was 3.96. The lowest was 0.71. And the median was 1.70.

FRA:A02's Cyclically Adjusted PB Ratio is ranked better than
63.11% of 347 companies
in the Interactive Media industry
Industry Median: 1.47 vs FRA:A02: 0.86

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.

Adways's adjusted book value per share data for the three months ended in Dec. 2025 was €1.914. 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 €1.87 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Adways  (FRA:A02) 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.


Adways Cyclically Adjusted PB Ratio Related Terms


Adways Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Adways'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.

Adways Cyclically Adjusted PB Ratio Chart

Adways Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.15 1.60 1.49 0.84 0.74

Adways 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 0.79 0.96 0.91 0.74 0.00

FRA:A02 vs GOOGL, META, SPOT: Cyclically Adjusted PB Ratio Comparison

For the Internet Content & Information subindustry, Adways'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.


Adways Cyclically Adjusted PB Ratio vs Interactive Media Industry

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

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


FRA:A02
73GF Score
Adways Inc FRA:A02
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Adways 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.64/1.87
=0.88

* 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.

Adways's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, Adways's adjusted Book Value per Share data for the three months ended in Dec. 2025 was:

Adj_Book=Book Value per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=1.914/113.0000*113.0000
=1.914

Current CPI (Dec. 2025) = 113.0000.

Adways Quarterly Data

Book Value per Share CPI Adj_Book
201603 2.415 97.900 2.787
201606 2.484 98.100 2.861
201609 2.494 98.000 2.876
201612 2.343 98.400 2.691
201703 2.336 98.100 2.691
201706 2.223 98.500 2.550
201709 2.109 98.800 2.412
201712 2.070 99.400 2.353
201803 2.150 99.200 2.449
201806 2.188 99.200 2.492
201809 2.158 99.900 2.441
201812 2.231 99.700 2.529
201903 2.339 99.700 2.651
201906 2.318 99.800 2.625
201909 2.405 100.100 2.715
201912 2.406 100.500 2.705
202003 2.487 100.300 2.802
202006 2.467 99.900 2.791
202009 2.482 99.900 2.807
202012 2.593 99.300 2.951
202103 2.224 99.900 2.516
202106 2.156 99.500 2.449
202109 2.294 100.100 2.590
202112 2.726 100.100 3.077
202203 2.638 101.100 2.949
202206 2.755 101.800 3.058
202209 3.019 103.100 3.309
202212 2.831 104.100 3.073
202303 2.709 104.400 2.932
202306 2.461 105.200 2.643
202309 2.303 106.200 2.450
202312 2.339 106.800 2.475
202403 2.248 107.200 2.370
202406 2.164 108.200 2.260
202409 2.296 108.900 2.382
202412 2.163 110.700 2.208
202503 2.172 111.100 2.209
202506 2.053 111.700 2.077
202509 1.976 112.000 1.994
202512 1.914 113.000 1.914

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 0.88 mean?
Adways (FRA:A02) has a Cyclically Adjusted PB Ratio of 0.88 as of Jul. 30, 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 Adways and its competitors. This is 48% below median its historical median of 1.70. Over the past decade, Adways' Cyclically Adjusted PB Ratio has ranged from 0.71 to 3.96. According to the industry distribution chart, Adways ranks #128 out of 347 companies in the Interactive Media industry, placing it in the top 36.9%.
Is Adways' Cyclically Adjusted PB Ratio too high?
Adways' current Cyclically Adjusted PB Ratio of 0.88 is 48% below median its 10-year median of 1.70. Over the past 10 years, this metric has ranged from a low of 0.71 to a high of 3.96. The Interactive Media industry median Cyclically Adjusted PB Ratio is 1.47. Adways' value of 0.88 is 40.1% below this industry median. Based on the distribution chart, Adways ranks #128 out of 347 companies in the Interactive Media industry, which is above the industry midpoint. Overall, Adways has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Adways' Cyclically Adjusted PB Ratio compare to GOOGL and META?
According to the Interactive Media industry distribution chart, Adways ranks #128 out of 347 companies for Cyclically Adjusted PB Ratio. This puts Adways in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.47. Adways' value of 0.88 is 40.1% below this benchmark. Historically, Adways' own Cyclically Adjusted PB Ratio has ranged from 0.71 to 3.96 over the past decade. While the company's 10-year median is 1.70 vs. the industry median of 1.47, Adways 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 an Interactive Media company?
The median Cyclically Adjusted PB Ratio among Interactive Media companies is 1.47, based on 347 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. Adways's current Cyclically Adjusted PB Ratio of 0.88 is 40.1% 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 Adways and its competitors. For the Interactive Media industry, the median Cyclically Adjusted PB Ratio is 1.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Adways's current Cyclically Adjusted PB Ratio is 0.88, which is 48% below median its own 10-year median of 1.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adways stock overvalued right now?
Based on GuruFocus' analysis, Adways (FRA:A02) is currently considered Modestly Undervalued. The stock's GF Value™ is €2.08, compared to a current price of €1.64 — trading 21.2% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.88, which is 48% below median its 10-year median of 1.70 and 40.1% below the Interactive Media industry median of 1.47. Adways' overall GF Score™ is 73/100 with 3 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 Adways (FRA:A02), the current Cyclically Adjusted PB Ratio is 0.88 as of Jul. 30, 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 Adways (FRA:A02) Overvalued in 2026?

Based on GuruFocus' analysis, Adways stock appears to be undervalued. The current stock price of €1.64 is trading 21.2% below its estimated GF Value™ of €2.08. GuruFocus considers Adways to be Modestly Undervalued.

Key valuation signals for FRA:A02:

  • Cyclically Adjusted PB Ratio: 0.88 (48% below median its 10-year median of 1.70)
  • GF Value™: €2.08 vs. price of €1.64 (21.2% below fair value)
  • GF Score™: 73/100 with 3 warning signs
  • Industry Position: 40.1% below the Interactive Media median (#128 of 347)

No single metric tells the full story. See the FRA:A02 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Adways Business Description

Other Exchanges 2489:Japan
Address Sumitomo Fudousan Shinjuku OakTower 4th floor, Tokyo, JPN
Adways Inc engages in the provision of advertising services. It also deals with mobile applications and contents development for media advertising. Its operations include advertising business, applications and media business, overseas business. The advertising business covers primarily internet advertisements. The applications and media business develops and manages smartphone applications and media contents. The overseas business offers internet marketing services overseas.
73GF Score

Get the complete analysis for FRA:A02

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

€1.64
Price
€2.08
GF Value