Deezer (FRA:L0A) Cyclically Adjusted PB Ratio: (As of Aug. 11, 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.
Reviewed by: Charlie Tian Charlie Tian
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:L0A Deezer SA FRA:L0A
67 GF Score
Price €1.10
GF Value €1.16
! 4 Warning Signs
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What is Deezer Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Deezer  (FRA:L0A) 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.


Deezer Cyclically Adjusted PB Ratio Related Terms


Deezer Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Deezer'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.

Deezer Cyclically Adjusted PB Ratio Chart

Deezer Annual Data
Trend Dec12 Dec13 Dec14 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Deezer Semi-Annual Data
Dec12 Dec13 Jun14 Dec14 Jun15 Dec19 Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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:L0A vs NFLX, DIS, WBD: Cyclically Adjusted PB Ratio Comparison

For the Entertainment subindustry, Deezer'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.


Deezer Cyclically Adjusted PB Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Deezer's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:L0A
67GF Score
Deezer SA FRA:L0A
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Deezer 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.

Deezer's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Deezer's adjusted Book Value per Share data for the fiscal year that ended in Dec25 was:

Adj_Book=Book Value per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=-1.877/120.9000*120.9000
=-1.877

Current CPI (Dec25) = 120.9000.

Deezer Annual Data

Book Value per Share CPI Adj_Book
201212 0.353 99.100 0.431
201312 0.158 99.800 0.191
201412 -0.067 99.860 -0.081
201912 -2.389 104.980 -2.751
202012 -4.728 104.960 -5.446
202112 -1.923 107.850 -2.156
202212 -1.527 114.160 -1.617
202312 -1.868 118.390 -1.908
202412 -1.955 119.950 -1.970
202512 -1.877 120.900 -1.877

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 Deezer (FRA:L0A) Overvalued in 2026?

Based on GuruFocus' analysis, Deezer stock appears to be undervalued. The current stock price of €1.10 is trading 5.6% below its estimated GF Value™ of €1.16.

Key valuation signals for FRA:L0A:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €1.16 vs. price of €1.10 (5.6% below fair value)
  • GF Score™: 67/100 with 4 warning signs

No single metric tells the full story. See the FRA:L0A stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Deezer Business Description

Other Exchanges DEEZR:France
Address 24 rue de Calais, Paris, FRA, 75009
Deezer SA is an independent music streaming platform providing access to lossless HiFi audio, new recommendation technology and industry-defining features. The company brings artists and fans together on a scalable and platform, to unlock the potential of music through technology. The company is based in France, Germany, the UK, Brazil and the USA.
67GF Score

Get the complete analysis for FRA:L0A

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

€1.10
Price
€1.16
GF Value