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Proact IT Group ABFRA:PIU0 -1.60%87 Cyclically Adjusted PB Ratio is 4.13 as of Jul. 22, 2026, which is 23% below its 10-year median of 5.39. GuruFocus rates FRA:PIU0 with a GF Score™ of 87/100 and a GF Value™ of €10.61. The stock has 3 warning signs investors should review. Among 1,593 Software companies, Proact IT Group AB ranks worse than 70.68% on this metric.
The historical rank and industry rank for Proact IT Group AB's Cyclically Adjusted PB Ratio or its related term are showing as below:
FRA:PIU0'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.68 Med: 5.39 Max: 8.71
Current: 4.11
During the past years, Proact IT Group AB's highest Cyclically Adjusted PB Ratio was 8.71. The lowest was 2.68. And the median was 5.39.
FRA:PIU0's Cyclically Adjusted PB Ratio is ranked worse than 70.68% of 1593
companies
in the Software industry
Industry Median: 2.26
vs FRA:PIU0: 4.11
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.
Proact IT Group AB's adjusted book value per share data for the three months ended in Jun. 2026 was €3.951. 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 €2.68 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Proact IT Group AB (FRA:PIU0) 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.
Proact IT Group AB Cyclically Adjusted PB Ratio Related Terms
Proact IT Group AB Cyclically Adjusted PB Ratio Historical Data
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The historical data trend for Proact IT Group AB'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.
Proact IT Group AB Cyclically Adjusted PB Ratio Chart
FRA:PIU0 vs IBM, ACN, FISV: Cyclically Adjusted PB Ratio Comparison
For the Information Technology Services subindustry, Proact IT Group AB'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.
Proact IT Group AB Cyclically Adjusted PB Ratio vs Software Industry
For the Software industry and Technology sector, Proact IT Group AB's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Proact IT Group AB's Cyclically Adjusted PB Ratio falls into.
Proact IT Group AB 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.
Proact IT Group AB's Cyclically Adjusted PB Ratio for today is calculated as
* 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.
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 4.13 mean?
Proact IT Group AB (FRA:PIU0) has a Cyclically Adjusted PB Ratio of 4.13 as of Jul. 22, 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 Proact IT Group AB and its competitors. This is 23% below median its historical median of 5.39. Over the past decade, Proact IT Group AB's Cyclically Adjusted PB Ratio has ranged from 2.68 to 8.71. According to the industry distribution chart, Proact IT Group AB ranks #1126 out of 1593 companies in the Software industry, placing it in the top 70.7%.
Is Proact IT Group AB's Cyclically Adjusted PB Ratio too high?
Proact IT Group AB's current Cyclically Adjusted PB Ratio of 4.13 is 23% below median its 10-year median of 5.39. Over the past 10 years, this metric has ranged from a low of 2.68 to a high of 8.71. The Software industry median Cyclically Adjusted PB Ratio is 2.26. Proact IT Group AB's value of 4.13 is 82.7% above this industry median. Based on the distribution chart, Proact IT Group AB ranks #1126 out of 1593 companies in the Software industry, which is below the industry midpoint. Overall, Proact IT Group AB has a GF Score™ of 87/100, reflecting its overall financial health beyond just this single metric.
How does Proact IT Group AB's Cyclically Adjusted PB Ratio compare to IBM and ACN?
According to the Software industry distribution chart, Proact IT Group AB ranks #1126 out of 1593 companies for Cyclically Adjusted PB Ratio. This places Proact IT Group AB in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.26. Proact IT Group AB's value of 4.13 is 82.7% above this benchmark. Historically, Proact IT Group AB's own Cyclically Adjusted PB Ratio has ranged from 2.68 to 8.71 over the past decade. While the company's 10-year median is 5.39 vs. the industry median of 2.26, Proact IT Group AB 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 2.26, based on 1,593 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. Proact IT Group AB's current Cyclically Adjusted PB Ratio of 4.13 is 82.7% 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 Proact IT Group AB and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Proact IT Group AB's current Cyclically Adjusted PB Ratio is 4.13, which is 23% below median its own 10-year median of 5.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Proact IT Group AB stock overvalued right now?
Proact IT Group AB (FRA:PIU0) has a current Cyclically Adjusted PB Ratio of 4.13. The stock's GF Value™ is €10.61, compared to a current price of €11.06 — trading 4.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 4.13, which is 23% below median its 10-year median of 5.39 and 82.7% above the Software industry median of 2.26. Proact IT Group AB's overall GF Score™ is 87/100 with 3 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 Proact IT Group AB (FRA:PIU0), the current Cyclically Adjusted PB Ratio is 4.13 as of Jul. 22, 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 Proact IT Group AB (FRA:PIU0) Overvalued in 2026?
Based on GuruFocus' analysis, Proact IT Group AB stock appears to be overvalued.
The current stock price of €11.06 is trading 4.2% above its estimated GF Value™ of €10.61.
Key valuation signals for FRA:PIU0:
Cyclically Adjusted PB Ratio: 4.13 (23% below median its 10-year median of 5.39)
GF Value™: €10.61 vs. price of €11.06 (4.2% above fair value)
Industry Position: 82.7% above the Software median (#1126 of 1593)
No single metric tells the full story. See the FRA:PIU0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Proact IT Group AB is a European-based independent data centre and cloud service provider. It offers infrastructure, IT services, and technical solutions that help organizations store, connect, protect, and manage data securely and efficiently. Its operating segments are Nordic & Baltics, UK, West, and Central. The majority of the company's revenue comes from the Nordics and Baltics, which include Denmark, Estonia, Finland, Latvia, Norway, Sweden and the United States.
87GF Score
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