Prysmian SpA (FRA:AEU) 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.
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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:AEU Prysmian SpA FRA:AEU
81 GF Score
Price €122.45
GF Value €86.30
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Prysmian SpA Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Prysmian SpA  (FRA:AEU) 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.


Prysmian SpA Cyclically Adjusted PB Ratio Related Terms


Prysmian SpA Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Prysmian SpA'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.

Prysmian SpA Cyclically Adjusted PB Ratio Chart

Prysmian SpA 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 4.06 3.54 3.84 5.13 6.27

Prysmian SpA 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 4.81 6.53 6.46 7.24 10.14

FRA:AEU vs VRT, BE, HUBB: Cyclically Adjusted PB Ratio Comparison

For the Electrical Equipment & Parts subindustry, Prysmian SpA'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.


Prysmian SpA Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Prysmian SpA's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:AEU
81GF Score
Prysmian SpA FRA:AEU
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Prysmian SpA 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.

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

For example, Prysmian SpA'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)
=25.023/126.4000*126.4000
=25.023

Current CPI (Jun. 2026) = 126.4000.

Prysmian SpA Quarterly Data

Book Value per Share CPI Adj_Book
201609 7.036 100.100 8.885
201612 7.564 100.300 9.532
201703 7.777 101.000 9.733
201706 7.227 101.100 9.036
201709 7.464 101.200 9.323
201712 7.510 101.200 9.380
201803 8.247 101.800 10.240
201806 7.951 102.400 9.815
201809 9.491 102.600 11.693
201812 9.025 102.300 11.151
201903 9.675 102.800 11.896
201906 9.224 103.100 11.309
201909 9.973 102.900 12.251
201912 9.884 102.800 12.153
202003 9.686 102.900 11.898
202006 9.553 102.900 11.735
202009 9.282 102.300 11.469
202012 9.199 102.600 11.333
202103 10.433 103.700 12.717
202106 10.403 104.200 12.619
202109 10.975 104.900 13.224
202112 11.723 106.600 13.900
202203 12.832 110.400 14.692
202206 13.496 112.500 15.164
202209 15.124 114.200 16.740
202212 14.309 119.000 15.199
202303 14.814 118.800 15.762
202306 14.297 119.700 15.097
202309 15.510 120.300 16.296
202312 14.560 119.700 15.375
202403 15.698 120.200 16.508
202406 16.738 120.700 17.528
202409 17.034 121.200 17.765
202412 18.462 121.200 19.254
202503 18.067 122.500 18.642
202506 19.569 122.700 20.159
202509 21.846 123.100 22.432
202512 23.291 122.600 24.013
202603 24.804 124.560 25.170
202606 25.023 126.400 25.023

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 Prysmian SpA (FRA:AEU) Overvalued in 2026?

Based on GuruFocus' analysis, Prysmian SpA stock appears to be overvalued. The current stock price of €122.45 is trading 41.9% above its estimated GF Value™ of €86.30. GuruFocus considers Prysmian SpA to be Significantly Overvalued.

Key valuation signals for FRA:AEU:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €86.30 vs. price of €122.45 (41.9% above fair value)
  • GF Score™: 81/100 with 4 warning signs

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


Prysmian SpA Business Description

Address Via Chiese 6, MIlan, ITA, 20126
Prysmian is an Italian manufacturer of electric power transmission and telecommunications cables and systems. Its business is organized in three segments: projects, which focuses on the execution of underground and submarine cable projects; energy products, which provides power distribution, and industrial and network components; and telecom, which makes cable systems and connectivity products. More than half of the firm's revenue is generated in Europe, the Middle East, and Africa, with the rest coming from North America, Latin America, and the Asia-Pacific regions.
81GF Score

Get the complete analysis for FRA:AEU

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

€122.45
Price
€86.30
GF Value