Trace SOP EOOD (FRA:T57) Cyclically Adjusted PB Ratio: 1.09 (As of Aug. 24, 2026) — 33% Below Median

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FRA:T57 Trace SOP EOOD FRA:T57
79 GF Score
Price €3.36
GF Value €4.20
! 9 Warning Signs
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What is Trace SOP EOOD Cyclically Adjusted PB Ratio?

Trace SOP EOOD FRA:T57 79 Cyclically Adjusted PB Ratio is 1.09 as of Aug. 24, 2026, which is 33% below its 10-year median of 1.62. GuruFocus rates FRA:T57 with a GF Score™ of 79/100 and a GF Value™ of €4.20. The stock has 9 warning signs investors should review. Among 1,269 Construction companies, Trace SOP EOOD ranks better than 51.46% on this metric.

As of today (2026-08-24), Trace SOP EOOD's current share price is €3.36. Trace SOP EOOD's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €3.07. Trace SOP EOOD's Cyclically Adjusted PB Ratio for today is 1.09.

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

FRA:T57' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.01   Med: 1.62   Max: 2.42
Current: 1.1

During the past years, Trace SOP EOOD's highest Cyclically Adjusted PB Ratio was 2.42. The lowest was 1.01. And the median was 1.62.

FRA:T57's Cyclically Adjusted PB Ratio is ranked better than
51.46% of 1269 companies
in the Construction industry
Industry Median: 1.13 vs FRA:T57: 1.10

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.

Trace SOP EOOD's adjusted book value per share data for the three months ended in Mar. 2026 was €3.720. 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 €3.07 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Trace SOP EOOD  (FRA:T57) 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.


Trace SOP EOOD Cyclically Adjusted PB Ratio Related Terms


Trace SOP EOOD Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Trace SOP EOOD'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.

Trace SOP EOOD Cyclically Adjusted PB Ratio Chart

Trace SOP EOOD 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 0.00 0.00 1.36 2.03 1.85

Trace SOP EOOD 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 2.14 2.31 1.82 1.85 1.08

FRA:T57 vs PWR, FIX, EME: Cyclically Adjusted PB Ratio Comparison

For the Engineering & Construction subindustry, Trace SOP EOOD'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.


Trace SOP EOOD Cyclically Adjusted PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, Trace SOP EOOD's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:T57
79GF Score
Trace SOP EOOD FRA:T57
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Trace SOP EOOD 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.

Trace SOP EOOD's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.36/3.07
=1.09

* 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.

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

For example, Trace SOP EOOD'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)
=3.72/330.2130*330.2130
=3.720

Current CPI (Mar. 2026) = 330.2130.

Trace SOP EOOD Quarterly Data

Book Value per Share CPI Adj_Book
201606 2.134 241.018 2.924
201609 2.068 241.428 2.829
201612 1.995 241.432 2.729
201703 1.933 243.801 2.618
201706 1.898 244.955 2.559
201709 1.952 246.819 2.612
201712 2.060 246.524 2.759
201803 2.016 249.554 2.668
201806 2.052 251.989 2.689
201809 0.000 252.439 0.000
201812 2.124 251.233 2.792
201903 2.205 254.202 2.864
201906 2.255 256.143 2.907
201909 2.344 256.759 3.015
201912 2.510 256.974 3.225
202003 2.592 258.115 3.316
202006 2.552 257.797 3.269
202009 2.710 260.280 3.438
202012 2.783 260.474 3.528
202103 2.772 264.877 3.456
202106 2.611 271.696 3.173
202109 2.743 274.310 3.302
202112 2.806 278.802 3.323
202203 2.760 287.504 3.170
202206 2.692 296.311 3.000
202209 2.708 296.808 3.013
202212 2.779 296.797 3.092
202303 2.797 301.836 3.060
202306 2.764 305.109 2.991
202309 3.067 307.789 3.290
202312 3.056 306.746 3.290
202403 3.166 312.332 3.347
202406 3.144 314.175 3.304
202409 3.284 315.301 3.439
202412 3.625 315.605 3.793
202503 3.719 319.799 3.840
202506 3.406 322.561 3.487
202509 3.574 324.800 3.634
202512 3.634 324.054 3.703
202603 3.720 330.213 3.720

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 1.09 mean?
Trace SOP EOOD (FRA:T57) has a Cyclically Adjusted PB Ratio of 1.09 as of Aug. 24, 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 Trace SOP EOOD and its competitors. This is 33% below median its historical median of 1.62. Over the past decade, Trace SOP EOOD's Cyclically Adjusted PB Ratio has ranged from 1.01 to 2.42. According to the industry distribution chart, Trace SOP EOOD ranks #616 out of 1269 companies in the Construction industry, placing it in the top 48.5%.
Is Trace SOP EOOD's Cyclically Adjusted PB Ratio too high?
Trace SOP EOOD's current Cyclically Adjusted PB Ratio of 1.09 is 33% below median its 10-year median of 1.62. Over the past 10 years, this metric has ranged from a low of 1.01 to a high of 2.42. The Construction industry median Cyclically Adjusted PB Ratio is 1.13. Trace SOP EOOD's value of 1.09 is 3.5% below this industry median. Based on the distribution chart, Trace SOP EOOD ranks #616 out of 1269 companies in the Construction industry, which is above the industry midpoint. Overall, Trace SOP EOOD has a GF Score™ of 79/100, reflecting its overall financial health beyond just this single metric.
How does Trace SOP EOOD's Cyclically Adjusted PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Trace SOP EOOD ranks #616 out of 1269 companies for Cyclically Adjusted PB Ratio. This puts Trace SOP EOOD in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.13. Trace SOP EOOD's value of 1.09 is 3.5% below this benchmark. Historically, Trace SOP EOOD's own Cyclically Adjusted PB Ratio has ranged from 1.01 to 2.42 over the past decade. While the company's 10-year median is 1.62 vs. the industry median of 1.13, Trace SOP EOOD 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 Construction company?
The median Cyclically Adjusted PB Ratio among Construction companies is 1.13, based on 1,269 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. Trace SOP EOOD's current Cyclically Adjusted PB Ratio of 1.09 is 3.5% 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 Trace SOP EOOD and its competitors. For the Construction industry, the median Cyclically Adjusted PB Ratio is 1.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Trace SOP EOOD's current Cyclically Adjusted PB Ratio is 1.09, which is 33% below median its own 10-year median of 1.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trace SOP EOOD stock overvalued right now?
Trace SOP EOOD (FRA:T57) has a current Cyclically Adjusted PB Ratio of 1.09. The stock's GF Value™ is €4.20, compared to a current price of €3.36 — trading 20% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.09, which is 33% below median its 10-year median of 1.62 and 3.5% below the Construction industry median of 1.13. Trace SOP EOOD's overall GF Score™ is 79/100 with 9 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 Trace SOP EOOD (FRA:T57), the current Cyclically Adjusted PB Ratio is 1.09 as of Aug. 24, 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 Trace SOP EOOD (FRA:T57) Overvalued in 2026?

Based on GuruFocus' analysis, Trace SOP EOOD stock appears to be undervalued. The current stock price of €3.36 is trading 20% below its estimated GF Value™ of €4.20.

Key valuation signals for FRA:T57:

  • Cyclically Adjusted PB Ratio: 1.09 (33% below median its 10-year median of 1.62)
  • GF Value™: €4.20 vs. price of €3.36 (20% below fair value)
  • GF Score™: 79/100 with 9 warning signs
  • Industry Position: 3.5% below the Construction median (#616 of 1269)

No single metric tells the full story. See the FRA:T57 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Trace SOP EOOD Business Description

Other Exchanges T57:Bulgaria
Address Ul. Nikola Obrazopisov № 12, Sofia, BGR, 1408
Trace SOP EOOD is engaged in construction and related activities. It performs major public projects in the field of infrastructure, environment, public works and hydro-technical construction, energy and building construction.
79GF Score

Get the complete analysis for FRA:T57

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

€3.36
Price
€4.20
GF Value