Synektik (FRA:A2P) Cyclically Adjusted PB Ratio: 23.26 (As of Jul. 27, 2026) — 152% Above Median

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FRA:A2P Synektik SA FRA:A2P
67 GF Score
Price €82.80
GF Value €53.72
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Synektik Cyclically Adjusted PB Ratio?

Synektik FRA:A2P -0.12% 67 Cyclically Adjusted PB Ratio is 23.26 as of Jul. 27, 2026, which is 152% above its 10-year median of 9.23. GuruFocus rates FRA:A2P with a GF Score™ of 67/100 and a GF Value™ of €53.72 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 520 Medical Devices & Instruments companies, Synektik ranks worse than 98.65% on this metric.

As of today (2026-07-27), Synektik's current share price is €82.80. Synektik's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €3.56. Synektik's Cyclically Adjusted PB Ratio for today is 23.26.

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

FRA:A2P' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.33   Med: 9.23   Max: 24.97
Current: 23.28

During the past years, Synektik's highest Cyclically Adjusted PB Ratio was 24.97. The lowest was 2.33. And the median was 9.23.

FRA:A2P's Cyclically Adjusted PB Ratio is ranked worse than
98.65% of 520 companies
in the Medical Devices & Instruments industry
Industry Median: 1.77 vs FRA:A2P: 23.28

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.

Synektik's adjusted book value per share data for the three months ended in Mar. 2026 was €4.254. 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 €3.56 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Synektik  (FRA:A2P) 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.


Synektik Cyclically Adjusted PB Ratio Related Terms


Synektik Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Synektik'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.

Synektik Cyclically Adjusted PB Ratio Chart

Synektik Annual Data
Trend Dec15 Dec16 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.48 2.64 4.92 13.52 15.65

Synektik 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 14.13 12.05 15.65 16.93 16.84

FRA:A2P vs ABT, SYK, MDT: Cyclically Adjusted PB Ratio Comparison

For the Medical Devices subindustry, Synektik'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.


Synektik Cyclically Adjusted PB Ratio vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Synektik's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:A2P
67GF Score
Synektik SA FRA:A2P
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Synektik 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=82.80/3.56
=23.26

* 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.

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

For example, Synektik'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)
=4.254/163.0700*163.0700
=4.254

Current CPI (Mar. 2026) = 163.0700.

Synektik Quarterly Data

Book Value per Share CPI Adj_Book
201603 1.509 98.983 2.486
201606 1.501 99.552 2.459
201609 1.511 99.064 2.487
201612 1.527 100.366 2.481
201703 1.534 101.018 2.476
201706 1.558 101.180 2.511
201709 1.571 101.343 2.528
201803 1.854 102.564 2.948
201806 1.897 103.378 2.992
201809 1.662 103.378 2.622
201812 2.091 103.785 3.285
201903 1.882 104.274 2.943
201906 1.884 105.983 2.899
201909 1.884 105.983 2.899
201912 1.950 107.123 2.968
202003 1.930 109.076 2.885
202006 1.961 109.402 2.923
202009 2.038 109.320 3.040
202012 2.134 109.565 3.176
202103 2.084 112.658 3.017
202106 2.075 113.960 2.969
202109 2.160 115.588 3.047
202112 2.208 119.088 3.023
202203 2.264 125.031 2.953
202206 2.273 131.705 2.814
202209 2.355 135.531 2.834
202212 2.857 139.113 3.349
202303 2.828 145.950 3.160
202306 3.161 147.009 3.506
202309 3.598 146.113 4.016
202312 4.528 147.741 4.998
202403 4.139 149.044 4.529
202406 4.595 150.997 4.962
202409 5.095 153.439 5.415
202412 5.983 154.660 6.308
202503 4.479 157.021 4.652
202506 5.127 157.509 5.308
202509 5.994 158.000 6.186
202512 6.927 158.320 7.135
202603 4.254 163.070 4.254

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 23.26 mean?
Synektik (FRA:A2P) has a Cyclically Adjusted PB Ratio of 23.26 as of Jul. 27, 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 Synektik and its competitors. This is 152% above median its historical median of 9.23. Over the past decade, Synektik's Cyclically Adjusted PB Ratio has ranged from 2.33 to 24.97. According to the industry distribution chart, Synektik ranks #513 out of 520 companies in the Medical Devices & Instruments industry, placing it in the top 98.7%.
Is Synektik's Cyclically Adjusted PB Ratio too high?
Synektik's current Cyclically Adjusted PB Ratio of 23.26 is 152% above median its 10-year median of 9.23. Over the past 10 years, this metric has ranged from a low of 2.33 to a high of 24.97. The Medical Devices & Instruments industry median Cyclically Adjusted PB Ratio is 1.77. Synektik's value of 23.26 is 1214.1% above this industry median. Based on the distribution chart, Synektik ranks #513 out of 520 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers. Overall, Synektik has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Synektik's Cyclically Adjusted PB Ratio compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Synektik ranks #513 out of 520 companies for Cyclically Adjusted PB Ratio. This places Synektik in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.77. Synektik's value of 23.26 is 1214.1% above this benchmark. Historically, Synektik's own Cyclically Adjusted PB Ratio has ranged from 2.33 to 24.97 over the past decade. While the company's 10-year median is 9.23 vs. the industry median of 1.77, Synektik 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 Medical Devices & Instruments company?
The median Cyclically Adjusted PB Ratio among Medical Devices & Instruments companies is 1.77, based on 520 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. Synektik's current Cyclically Adjusted PB Ratio of 23.26 is 1214.1% 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 Synektik and its competitors. For the Medical Devices & Instruments industry, the median Cyclically Adjusted PB Ratio is 1.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Synektik's current Cyclically Adjusted PB Ratio is 23.26, which is 152% above median its own 10-year median of 9.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Synektik stock overvalued right now?
Based on GuruFocus' analysis, Synektik (FRA:A2P) is currently considered Significantly Overvalued. The stock's GF Value™ is €53.72, compared to a current price of €82.80 — trading 54.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 23.26, which is 152% above median its 10-year median of 9.23 and 1214.1% above the Medical Devices & Instruments industry median of 1.77. Synektik's overall GF Score™ is 67/100 with 7 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 Synektik (FRA:A2P), the current Cyclically Adjusted PB Ratio is 23.26 as of Jul. 27, 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 Synektik (FRA:A2P) Overvalued in 2026?

Based on GuruFocus' analysis, Synektik stock appears to be overvalued. The current stock price of €82.80 is trading 54.1% above its estimated GF Value™ of €53.72. GuruFocus considers Synektik to be Significantly Overvalued.

Key valuation signals for FRA:A2P:

  • Cyclically Adjusted PB Ratio: 23.26 (152% above median its 10-year median of 9.23)
  • GF Value™: €53.72 vs. price of €82.80 (54.1% above fair value)
  • GF Score™: 67/100 with 7 warning signs
  • Industry Position: 1214.1% above the Medical Devices & Instruments median (#513 of 520)

No single metric tells the full story. See the FRA:A2P stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Synektik Business Description

Other Exchanges SNT:Poland
Address Aleja Wincentego Witosa 31, Warsaw, POL, 00-710
Synektik SA is a supplier of innovative products, services and IT solutions for diagnostic imaging and nuclear medicine. It sells medical devices and IT solutions used in radiology and operates research laboratory for diagnostic imaging systems and a service centre for medical equipment. Its operating segments include the sale of medical equipment used in radiology and nuclear medicine and IT solutions, Maintenance services for medical equipment as well as acceptance and specialist tests and Radiopharmaceutical production.
67GF Score

Get the complete analysis for FRA:A2P

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

€82.80
Price
€53.72
GF Value