Softing AG (FRA:SYT) Cyclically Adjusted PB Ratio: 0.30 (As of Jul. 27, 2026) — 67% Below Median

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FRA:SYT Softing AG FRA:SYT
65 GF Score
Price €2.31
GF Value €3.66
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Softing AG Cyclically Adjusted PB Ratio?

Softing AG FRA:SYT +0.43% 65 Cyclically Adjusted PB Ratio is 0.30 as of Jul. 27, 2026, which is 67% below its 10-year median of 0.92. GuruFocus rates FRA:SYT with a GF Score™ of 65/100 and a GF Value™ of €3.66 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,587 Software companies, Softing AG ranks better than 91.3% on this metric.

As of today (2026-07-27), Softing AG's current share price is €2.31. Softing AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €7.60. Softing AG's Cyclically Adjusted PB Ratio for today is 0.30.

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

FRA:SYT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.32   Med: 0.92   Max: 2.94
Current: 0.32

During the past years, Softing AG's highest Cyclically Adjusted PB Ratio was 2.94. The lowest was 0.32. And the median was 0.92.

FRA:SYT's Cyclically Adjusted PB Ratio is ranked better than
91.3% of 1587 companies
in the Software industry
Industry Median: 2.24 vs FRA:SYT: 0.32

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.

Softing AG's adjusted book value per share data for the three months ended in Mar. 2026 was €4.825. 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 €7.60 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Softing AG  (FRA:SYT) 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.


Softing AG Cyclically Adjusted PB Ratio Related Terms


Softing AG Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Softing 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.

Softing AG Cyclically Adjusted PB Ratio Chart

Softing 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 1.08 0.74 0.71 0.39 0.34

Softing 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 0.49 0.45 0.41 0.34 0.38

FRA:SYT vs IBM, ACN, FISV: Cyclically Adjusted PB Ratio Comparison

For the Information Technology Services subindustry, Softing 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.


Softing AG Cyclically Adjusted PB Ratio vs Software Industry

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

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


FRA:SYT
65GF Score
Softing AG FRA:SYT
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Softing 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.

Softing AG's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.31/7.60
=0.30

* 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.

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

For example, Softing 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)
=4.825/131.2583*131.2583
=4.825

Current CPI (Mar. 2026) = 131.2583.

Softing AG Quarterly Data

Book Value per Share CPI Adj_Book
201512 6.167 99.717 8.118
201606 6.082 100.717 7.926
201609 0.000 101.017 0.000
201612 6.838 101.217 8.868
201706 7.556 102.117 9.712
201709 6.803 102.717 8.693
201712 6.833 102.617 8.740
201803 0.000 102.917 0.000
201806 7.261 104.017 9.163
201809 7.379 104.718 9.249
201812 7.496 104.217 9.441
201903 7.483 104.217 9.425
201906 7.483 105.718 9.291
201909 7.676 106.018 9.503
201912 7.615 105.818 9.446
202003 7.588 105.718 9.421
202006 7.343 106.618 9.040
202009 7.301 105.818 9.056
202012 6.942 105.518 8.635
202103 7.061 107.518 8.620
202106 6.865 108.486 8.306
202109 6.962 109.435 8.350
202112 6.980 110.384 8.300
202203 6.871 113.968 7.913
202206 6.862 115.760 7.781
202209 6.874 118.818 7.594
202212 6.766 119.345 7.441
202303 6.835 122.402 7.330
202306 6.786 123.140 7.233
202309 6.974 124.195 7.371
202312 5.946 123.773 6.306
202403 6.064 125.038 6.366
202406 5.821 125.882 6.070
202409 5.047 126.198 5.249
202412 5.637 127.041 5.824
202503 5.365 127.779 5.511
202506 4.993 128.412 5.104
202509 4.862 129.255 4.937
202512 4.839 129.361 4.910
202603 4.825 131.258 4.825

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 0.30 mean?
Softing AG (FRA:SYT) has a Cyclically Adjusted PB Ratio of 0.30 as of Jul. 27, 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 Softing AG and its competitors. This is 67% below median its historical median of 0.92. Over the past decade, Softing AG's Cyclically Adjusted PB Ratio has ranged from 0.32 to 2.94. According to the industry distribution chart, Softing AG ranks #138 out of 1587 companies in the Software industry, placing it in the top 8.7%.
Is Softing AG's Cyclically Adjusted PB Ratio too high?
Softing AG's current Cyclically Adjusted PB Ratio of 0.30 is 67% below median its 10-year median of 0.92. Over the past 10 years, this metric has ranged from a low of 0.32 to a high of 2.94. The Software industry median Cyclically Adjusted PB Ratio is 2.24. Softing AG's value of 0.30 is 86.6% below this industry median. Based on the distribution chart, Softing AG ranks #138 out of 1587 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Softing AG has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Softing AG's Cyclically Adjusted PB Ratio compare to IBM and ACN?
According to the Software industry distribution chart, Softing AG ranks #138 out of 1587 companies for Cyclically Adjusted PB Ratio. This places Softing AG in the top 9% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 2.24. Softing AG's value of 0.30 is 86.6% below this benchmark. Historically, Softing AG's own Cyclically Adjusted PB Ratio has ranged from 0.32 to 2.94 over the past decade. While the company's 10-year median is 0.92 vs. the industry median of 2.24, Softing AG has consistently been below 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 1,587 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. Softing AG's current Cyclically Adjusted PB Ratio of 0.30 is 86.6% below 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 Softing 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. Softing AG's current Cyclically Adjusted PB Ratio is 0.30, which is 67% below median its own 10-year median of 0.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Softing AG stock overvalued right now?
Based on GuruFocus' analysis, Softing AG (FRA:SYT) is currently considered Possible Value Trap. The stock's GF Value™ is €3.66, compared to a current price of €2.31 — trading 36.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.30, which is 67% below median its 10-year median of 0.92 and 86.6% below the Software industry median of 2.24. Softing AG's overall GF Score™ is 65/100 with 4 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 Softing AG (FRA:SYT), the current Cyclically Adjusted PB Ratio is 0.30 as of Jul. 27, 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 Softing AG (FRA:SYT) Overvalued in 2026?

Based on GuruFocus' analysis, Softing AG stock appears to be undervalued. The current stock price of €2.31 is trading 36.9% below its estimated GF Value™ of €3.66. GuruFocus considers Softing AG to be Possible Value Trap.

Key valuation signals for FRA:SYT:

  • Cyclically Adjusted PB Ratio: 0.30 (67% below median its 10-year median of 0.92)
  • GF Value™: €3.66 vs. price of €2.31 (36.9% below fair value)
  • GF Score™: 65/100 with 4 warning signs
  • Industry Position: 86.6% below the Software median (#138 of 1587)

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


Softing AG Business Description

Other Exchanges SYT:Germany
Address Richard-Reitzner-Allee 6, Haar, BY, DEU, 85540
Softing AG is engaged in developing software, hardware, and system solutions. The business operates in segments namely, Industrial, Automotive, and IT Networks. The Industrial segment which derives the majority of revenue engages in the provision of industrial communications solutions and products for the manufacturing and process industry. The Automotive segment stands for key technologies in automotive electronics as well as such closely related areas in electronics as the commercial vehicle or agricultural machinery industry. The IT Networks segment is engaged in testing, qualifying, and certifying cabling in IT systems. Geographically, it derives the majority of its revenue from the USA.
65GF Score

Get the complete analysis for FRA:SYT

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

€2.31
Price
€3.66
GF Value