Productive Technologies Co (FRA:SUT) Cyclically Adjusted PB Ratio: (As of Sep. 22, 2026)

Author: Vera Yuan Vera Yuan
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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.
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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:SUT Productive Technologies Co Ltd FRA:SUT
25 GF Score
Price €0.02
GF Value €0.02
Valuation Modestly Overvalued
! 9 Warning Signs
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What is Productive Technologies Co Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Productive Technologies Co  (FRA:SUT) 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.


Productive Technologies Co Cyclically Adjusted PB Ratio Related Terms


Productive Technologies Co Cyclically Adjusted PB Ratio Historical Data

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The historical data trend for Productive Technologies Co'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.

Productive Technologies Co Cyclically Adjusted PB Ratio Chart

Productive Technologies Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.57 1.90 0.41 0.15 0.44

Productive Technologies Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.40 0.17 0.15 0.45 0.43

FRA:SUT vs LRCX, AMAT, KLAC: Cyclically Adjusted PB Ratio Comparison

For the Semiconductor Equipment & Materials subindustry, Productive Technologies Co'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.


Productive Technologies Co Cyclically Adjusted PB Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Productive Technologies Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:SUT
25GF Score
Productive Technologies Co Ltd FRA:SUT
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Productive Technologies Co 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.

Productive Technologies Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar26 is calculated as:

For example, Productive Technologies Co's adjusted Book Value per Share data for the fiscal year that ended in Mar26 was:

Adj_Book=Book Value per Share/CPI of Mar26 (Change)*Current CPI (Mar26)
=0.019/121.4731*121.4731
=0.019

Current CPI (Mar26) = 121.4731.

Productive Technologies Co Annual Data

Book Value per Share CPI Adj_Book
201703 0.153 103.335 0.180
201803 0.061 105.973 0.070
201903 0.061 108.172 0.069
202003 0.061 110.920 0.067
202103 0.048 111.579 0.052
202203 0.039 113.558 0.042
202303 0.034 115.427 0.036
202403 0.028 117.735 0.029
202503 0.023 119.384 0.023
202603 0.019 121.473 0.019

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 Productive Technologies Co (FRA:SUT) Overvalued in 2026?

Based on GuruFocus' analysis, Productive Technologies Co stock appears to be overvalued. The current stock price of €0.02 is trading 15% above its estimated GF Value™ of €0.02. GuruFocus considers Productive Technologies Co to be Modestly Overvalued.

Key valuation signals for FRA:SUT:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €0.02 vs. price of €0.02 (15% above fair value)
  • GF Score™: 25/100 with 9 warning signs

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


Productive Technologies Co Business Description

Other Exchanges 00650:Hong KongSUT:Germany
Address 99 Queen’s Road Central, Unit 5507, 55th Floor, The Center, Hong Kong, HKG
Productive Technologies Co Ltd is engaged in the business of productivity-driven equipment applied in semiconductor and solar cell businesses. It also operates an oil and gas production project in the PRC. It offers sustainable growth and supply chain re-optimization of the semiconductor and solar power market and is committed to high-productivity solutions to industrial manufacturers. It has two segments, including semiconductor and solar cells, and Oil and gas and others segments. It generates the majority of its revenue from the Oil and gas and others: this segment invests in and operates an upstream oil and gas business, LNG business, and generates income from the processing of oil and gas and LNG, as well as investing and managing energy-related and other industries and businesses.
25GF Score

Get the complete analysis for FRA:SUT

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

€0.02
Price
€0.02
GF Value