IVU Traffic Technologies AG (FRA:IVU) Cyclically Adjusted PB Ratio: 5.91 (As of Aug. 01, 2026) — 18% Above Median

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FRA:IVU IVU Traffic Technologies AG FRA:IVU
91 GF Score
Price €23.00
GF Value €19.39
Valuation Modestly Overvalued
! 5 Warning Signs
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What is IVU Traffic Technologies AG Cyclically Adjusted PB Ratio?

IVU Traffic Technologies AG FRA:IVU -2.54% 91 Cyclically Adjusted PB Ratio is 5.91 as of Aug. 01, 2026, which is 18% above its 10-year median of 5.01. GuruFocus rates FRA:IVU with a GF Score™ of 91/100 and a GF Value™ of €19.39 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,576 Software companies, IVU Traffic Technologies AG ranks worse than 79.89% on this metric.

As of today (2026-08-01), IVU Traffic Technologies AG's current share price is €23.00. IVU Traffic Technologies AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €3.89. IVU Traffic Technologies AG's Cyclically Adjusted PB Ratio for today is 5.91.

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

FRA:IVU' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2   Med: 5.01   Max: 9.01
Current: 5.74

During the past years, IVU Traffic Technologies AG's highest Cyclically Adjusted PB Ratio was 9.01. The lowest was 2.00. And the median was 5.01.

FRA:IVU's Cyclically Adjusted PB Ratio is ranked worse than
79.89% of 1576 companies
in the Software industry
Industry Median: 2.235 vs FRA:IVU: 5.74

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.

IVU Traffic Technologies AG's adjusted book value per share data for the three months ended in Mar. 2026 was €5.469. 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 €3.89 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


IVU Traffic Technologies AG  (FRA:IVU) 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.


IVU Traffic Technologies AG Cyclically Adjusted PB Ratio Related Terms


IVU Traffic Technologies AG Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for IVU Traffic Technologies 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.

IVU Traffic Technologies AG Cyclically Adjusted PB Ratio Chart

IVU Traffic Technologies 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 8.39 5.49 4.29 4.19 5.41

IVU Traffic Technologies AG 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 4.85 5.17 5.29 5.41 4.52

FRA:IVU vs QH, SHOP, UBER: Cyclically Adjusted PB Ratio Comparison

For the Software - Application subindustry, IVU Traffic Technologies 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.


IVU Traffic Technologies AG Cyclically Adjusted PB Ratio vs Software Industry

For the Software industry and Technology sector, IVU Traffic Technologies AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:IVU
91GF Score
IVU Traffic Technologies AG FRA:IVU
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

IVU Traffic Technologies 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.

IVU Traffic Technologies AG's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=23.00/3.89
=5.91

* 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.

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

For example, IVU Traffic Technologies AG'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)
=5.469/131.2583*131.2583
=5.469

Current CPI (Mar. 2026) = 131.2583.

IVU Traffic Technologies AG Quarterly Data

Book Value per Share CPI Adj_Book
201606 2.088 100.717 2.721
201609 2.054 101.017 2.669
201612 2.191 101.217 2.841
201703 2.140 101.417 2.770
201706 2.130 102.117 2.738
201709 2.163 102.717 2.764
201712 2.483 102.617 3.176
201803 2.436 102.917 3.107
201806 2.332 104.017 2.943
201809 2.537 104.718 3.180
201812 2.730 104.217 3.438
201903 2.682 104.217 3.378
201906 2.599 105.718 3.227
201909 2.690 106.018 3.330
201912 3.206 105.818 3.977
202003 3.042 105.718 3.777
202006 3.063 106.618 3.771
202009 3.234 105.818 4.012
202012 3.573 105.518 4.445
202103 3.552 107.518 4.336
202106 3.365 108.486 4.071
202109 3.419 109.435 4.101
202112 3.877 110.384 4.610
202203 3.746 113.968 4.314
202206 3.733 115.760 4.233
202209 3.833 118.818 4.234
202212 4.276 119.345 4.703
202303 4.199 122.402 4.503
202306 4.020 123.140 4.285
202309 4.065 124.195 4.296
202312 4.530 123.773 4.804
202403 4.478 125.038 4.701
202406 4.302 125.882 4.486
202409 4.431 126.198 4.609
202412 4.906 127.041 5.069
202503 4.930 127.779 5.064
202506 4.737 128.412 4.842
202509 4.957 129.255 5.034
202512 5.465 129.361 5.545
202603 5.469 131.258 5.469

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 5.91 mean?
IVU Traffic Technologies AG (FRA:IVU) has a Cyclically Adjusted PB Ratio of 5.91 as of Aug. 01, 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 IVU Traffic Technologies AG and its competitors. This is 18% above median its historical median of 5.01. Over the past decade, IVU Traffic Technologies AG's Cyclically Adjusted PB Ratio has ranged from 2.00 to 9.01. According to the industry distribution chart, IVU Traffic Technologies AG ranks #1259 out of 1576 companies in the Software industry, placing it in the top 79.9%.
Is IVU Traffic Technologies AG's Cyclically Adjusted PB Ratio too high?
IVU Traffic Technologies AG's current Cyclically Adjusted PB Ratio of 5.91 is 18% above median its 10-year median of 5.01. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 9.01. The Software industry median Cyclically Adjusted PB Ratio is 2.24. IVU Traffic Technologies AG's value of 5.91 is 164.4% above this industry median. Based on the distribution chart, IVU Traffic Technologies AG ranks #1259 out of 1576 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, IVU Traffic Technologies AG has a GF Score™ of 91/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does IVU Traffic Technologies AG's Cyclically Adjusted PB Ratio compare to QH and SHOP?
According to the Software industry distribution chart, IVU Traffic Technologies AG ranks #1259 out of 1576 companies for Cyclically Adjusted PB Ratio. This places IVU Traffic Technologies AG in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.24. IVU Traffic Technologies AG's value of 5.91 is 164.4% above this benchmark. Historically, IVU Traffic Technologies AG's own Cyclically Adjusted PB Ratio has ranged from 2.00 to 9.01 over the past decade. While the company's 10-year median is 5.01 vs. the industry median of 2.24, IVU Traffic Technologies AG 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 Software company?
The median Cyclically Adjusted PB Ratio among Software companies is 2.24, based on 1,576 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. IVU Traffic Technologies AG's current Cyclically Adjusted PB Ratio of 5.91 is 164.4% 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 IVU Traffic Technologies AG and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IVU Traffic Technologies AG's current Cyclically Adjusted PB Ratio is 5.91, which is 18% above median its own 10-year median of 5.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IVU Traffic Technologies AG stock overvalued right now?
Based on GuruFocus' analysis, IVU Traffic Technologies AG (FRA:IVU) is currently considered Modestly Overvalued. The stock's GF Value™ is €19.39, compared to a current price of €23.00 — trading 18.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 5.91, which is 18% above median its 10-year median of 5.01 and 164.4% above the Software industry median of 2.24. IVU Traffic Technologies AG's overall GF Score™ is 91/100 with 5 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 IVU Traffic Technologies AG (FRA:IVU), the current Cyclically Adjusted PB Ratio is 5.91 as of Aug. 01, 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 IVU Traffic Technologies AG (FRA:IVU) Overvalued in 2026?

Based on GuruFocus' analysis, IVU Traffic Technologies AG stock appears to be overvalued. The current stock price of €23.00 is trading 18.6% above its estimated GF Value™ of €19.39. GuruFocus considers IVU Traffic Technologies AG to be Modestly Overvalued.

Key valuation signals for FRA:IVU:

  • Cyclically Adjusted PB Ratio: 5.91 (18% above median its 10-year median of 5.01)
  • GF Value™: €19.39 vs. price of €23.00 (18.6% above fair value)
  • GF Score™: 91/100 with 5 warning signs
  • Industry Position: 164.4% above the Software median (#1259 of 1576)

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


IVU Traffic Technologies AG Business Description

Other Exchanges 0NCA:UKIVU:Germany
Address Bundesallee 88, Berlin, DEU, 12161
IVU Traffic Technologies AG develops, installs, maintains, and operates integrated IT solutions for buses and trains. Its standard product, IVU.suite, covers planning, operation, and quality assurance for public transport operators and railway companies, including timetable creation, optimisation of buses and trains, dispatching of drivers and vehicles, fleet monitoring, ticketing, passenger information, revenue calculation, and statistics. Its software and hardware systems support bus and rail processes from planning and dispatching to fleet management, ticketing, passenger information, and settlement of transport contracts. The Company operates across Germany, which generates maximum revenue, as well as Switzerland, Italy, and the Netherlands.
91GF Score

Get the complete analysis for FRA:IVU

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

€23.00
Price
€19.39
GF Value