Calnex Solutions (FRA:CSO) Cyclically Adjusted PB Ratio: (As of Jul. 14, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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FRA:CSO Calnex Solutions PLC FRA:CSO
54 GF Score
Price €0.66
GF Value €0.79
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Calnex Solutions Cyclically Adjusted PB Ratio?

Calnex Solutions does not have a history long enough to calculate Cyclically Adjusted Book per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PB Ratio for this company.

Shiller PE for Stocks: The True Measure of Stock Valuation


Calnex Solutions  (FRA:CSO) 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.


Calnex Solutions Cyclically Adjusted PB Ratio Related Terms


Calnex Solutions Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Calnex Solutions'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.

Calnex Solutions Cyclically Adjusted PB Ratio Chart

Calnex Solutions Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 0.00 0.00

Calnex Solutions Semi-Annual Data
Mar18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 0.00 0.00 0.00 0.00 0.00

FRA:CSO vs CSCO, CIEN, MSI: Cyclically Adjusted PB Ratio Comparison

For the Communication Equipment subindustry, Calnex Solutions'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.


Calnex Solutions Cyclically Adjusted PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Calnex Solutions's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:CSO
54GF Score
Calnex Solutions PLC FRA:CSO
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Calnex Solutions 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.

Calnex Solutions does not have a history long enough to calculate Cyclically Adjusted Book per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PB Ratio for this company.

Is Calnex Solutions (FRA:CSO) Overvalued in 2026?

Based on GuruFocus' analysis, Calnex Solutions stock appears to be undervalued. The current stock price of €0.66 is trading 17.1% below its estimated GF Value™ of €0.79. GuruFocus considers Calnex Solutions to be Modestly Undervalued.

Key valuation signals for FRA:CSO:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €0.79 vs. price of €0.66 (17.1% below fair value)
  • GF Score™: 54/100 with 4 warning signs

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


Calnex Solutions Business Description

Other Exchanges CLX:UKCSO:Germany
Address Oracle Campus, Linlithgow, West Lothian, GBR, EH49 7LR
Calnex Solutions PLC is a provider of test and measurement solutions for the telecommunications sector. It designs, produces, and markets test instrumentation and solutions for network synchronization and network emulation. The company offers its equipment to network operators, network providers, systems suppliers, laboratories, and network infrastructures. The company operates in North Asia, Americas and Rest of the world, out of which it derives maximum revenue from Rest of the World.
54GF Score

Get the complete analysis for FRA:CSO

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

€0.66
Price
€0.79
GF Value