Continental AG (FRA:CONA) Cyclically Adjusted PB Ratio: (As of Aug. 07, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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:CONA Continental AG FRA:CONA
57 GF Score
Price €6.70
GF Value €3.26
! 4 Warning Signs
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What is Continental AG Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Continental AG  (FRA:CONA) 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.


Continental AG Cyclically Adjusted PB Ratio Related Terms


Continental AG Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Continental AG'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.

Continental AG Cyclically Adjusted PB Ratio Chart

Continental AG 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 1.04 0.56 0.73 0.59 0.85

Continental AG 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 0.68 0.69 0.85 0.75 0.00

FRA:CONA vs ORLY, AZO, GPC: Cyclically Adjusted PB Ratio Comparison

For the Auto Parts subindustry, Continental AG'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.


Continental AG Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Continental AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:CONA
57GF Score
Continental AG FRA:CONA
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Continental AG 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.

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

For example, Continental AG'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)
=2.101/131.3638*131.3638
=2.101

Current CPI (Jun. 2026) = 131.3638.

Continental AG Quarterly Data

Book Value per Share CPI Adj_Book
201609 6.577 101.017 8.553
201612 7.135 101.217 9.260
201703 7.625 101.417 9.877
201706 7.368 102.117 9.478
201709 7.626 102.717 9.753
201712 7.914 102.617 10.131
201803 8.276 102.917 10.564
201806 8.286 104.017 10.464
201809 8.607 104.718 10.797
201812 8.925 104.217 11.250
201903 9.253 104.217 11.663
201906 8.827 105.718 10.968
201909 7.721 106.018 9.567
201912 7.697 105.818 9.555
202003 7.531 105.718 9.358
202006 6.985 106.618 8.606
202009 6.126 105.818 7.605
202012 6.131 105.518 7.633
202103 6.775 107.518 8.278
202106 6.058 108.486 7.336
202109 5.939 109.435 7.129
202112 6.108 110.384 7.269
202203 6.619 113.968 7.629
202206 6.962 115.760 7.900
202209 7.137 118.818 7.891
202212 6.629 119.345 7.297
202303 6.794 122.402 7.291
202306 6.734 123.140 7.184
202309 7.061 124.195 7.469
202312 6.838 123.773 7.257
202403 6.938 125.038 7.289
202406 6.854 125.882 7.153
202409 6.879 126.198 7.161
202412 7.175 127.041 7.419
202503 7.183 127.779 7.385
202506 2.532 128.412 2.590
202509 1.953 129.255 1.985
202512 1.967 129.361 1.997
202603 2.186 131.258 2.188
202606 2.101 131.364 2.101

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 Continental AG (FRA:CONA) Overvalued in 2026?

Based on GuruFocus' analysis, Continental AG stock appears to be overvalued. The current stock price of €6.70 is trading 105.5% above its estimated GF Value™ of €3.26.

Key valuation signals for FRA:CONA:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €3.26 vs. price of €6.70 (105.5% above fair value)
  • GF Score™: 57/100 with 4 warning signs

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


Continental AG Business Description

Address Continental-Plaza 1, Hanover, NI, DEU, 30175
Following the spinoff of its automotive middleware business in 2025 and the planned sale of ContiTech, the rubber solutions business, in 2026, Continental will be a pure-play tire manufacturer. According to our research, Continental Tires is the fourth-largest branded tire manufacturer internationally, with approximately 7% market share globally, behind Michelin, Bridgestone, and Goodyear, with global market shares of around 14%, 14% and 9%, respectively. Geographically, its operations remain Europe-heavy, where it derives 52% of revenue, followed by North America, and Asia-Pacific and "other," contributing 29% and 19%, respectively. Twenty-four percent of tires are sold into the new vehicle market with automotive original equipment as customers, and 76% sold as replacement tires.
57GF Score

Get the complete analysis for FRA:CONA

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

€6.70
Price
€3.26
GF Value