Takkt AG (FRA:TTK) Cyclically Adjusted PB Ratio: 0.21 (As of Aug. 02, 2026) — 86% Below Median

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FRA:TTK Takkt AG FRA:TTK
49 GF Score
Price €2.26
GF Value €6.96
Valuation Possible Value Trap
! 2 Warning Signs
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What is Takkt AG Cyclically Adjusted PB Ratio?

Takkt AG FRA:TTK +0.67% 49 Cyclically Adjusted PB Ratio is 0.21 as of Aug. 02, 2026, which is 86% below its 10-year median of 1.50. GuruFocus rates FRA:TTK with a GF Score™ of 49/100 and a GF Value™ of €6.96 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 2,262 Industrial Products companies, Takkt AG ranks better than 96.99% on this metric.

As of today (2026-08-02), Takkt AG's current share price is €2.26. Takkt AG's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €10.57. Takkt AG's Cyclically Adjusted PB Ratio for today is 0.21.

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

FRA:TTK' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.21   Med: 1.5   Max: 4.27
Current: 0.21

During the past years, Takkt AG's highest Cyclically Adjusted PB Ratio was 4.27. The lowest was 0.21. And the median was 1.50.

FRA:TTK's Cyclically Adjusted PB Ratio is ranked better than
96.99% of 2262 companies
in the Industrial Products industry
Industry Median: 2.075 vs FRA:TTK: 0.21

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.

Takkt AG's adjusted book value per share data for the three months ended in Jun. 2026 was €5.570. 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 €10.57 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Takkt AG  (FRA:TTK) 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.


Takkt AG Cyclically Adjusted PB Ratio Related Terms


Takkt AG Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Takkt 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.

Takkt AG Cyclically Adjusted PB Ratio Chart

Takkt 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 1.87 1.43 1.32 0.72 0.34

Takkt AG Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.62 0.46 0.34 0.22 0.21

Takkt AG Cyclically Adjusted PB Ratio Competitor Comparison

For the Business Equipment & Supplies subindustry, Takkt 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.


Takkt AG Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Takkt AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:TTK
49GF Score
Takkt AG FRA:TTK
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Takkt 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.26/10.57
=0.21

* 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.

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

For example, Takkt AG's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=5.57/131.3638*131.3638
=5.570

Current CPI (Jun. 2026) = 131.3638.

Takkt AG Quarterly Data

Book Value per Share CPI Adj_Book
201609 7.604 101.017 9.888
201612 8.196 101.217 10.637
201703 8.532 101.417 11.051
201706 8.051 102.117 10.357
201709 8.261 102.717 10.565
201712 8.655 102.617 11.080
201803 8.846 102.917 11.291
201806 8.797 104.017 11.110
201809 9.198 104.718 11.539
201812 9.609 104.217 12.112
201903 9.936 104.217 12.524
201906 9.232 105.718 11.472
201909 9.698 106.018 12.017
201912 9.819 105.818 12.189
202003 10.162 105.718 12.627
202006 10.090 106.618 12.432
202009 9.989 105.818 12.401
202012 9.901 105.518 12.326
202103 10.381 107.518 12.683
202106 9.601 108.486 11.626
202109 9.954 109.435 11.949
202112 10.578 110.384 12.589
202203 11.046 113.968 12.732
202206 10.678 115.760 12.117
202209 11.358 118.818 12.557
202212 10.750 119.345 11.833
202303 10.869 122.402 11.665
202306 10.023 123.140 10.692
202309 10.480 124.195 11.085
202312 9.920 123.773 10.528
202403 10.054 125.038 10.563
202406 9.121 125.882 9.518
202409 9.142 126.198 9.516
202412 8.474 127.041 8.762
202503 8.433 127.779 8.670
202506 7.553 128.412 7.727
202509 7.555 129.255 7.678
202512 5.657 129.361 5.745
202603 5.630 131.258 5.635
202606 5.570 131.364 5.570

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 0.21 mean?
Takkt AG (FRA:TTK) has a Cyclically Adjusted PB Ratio of 0.21 as of Aug. 02, 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 Takkt AG and its competitors. This is 86% below median its historical median of 1.50. Over the past decade, Takkt AG's Cyclically Adjusted PB Ratio has ranged from 0.21 to 4.27. According to the industry distribution chart, Takkt AG ranks #68 out of 2262 companies in the Industrial Products industry, placing it in the top 3%.
Is Takkt AG's Cyclically Adjusted PB Ratio too high?
Takkt AG's current Cyclically Adjusted PB Ratio of 0.21 is 86% below median its 10-year median of 1.50. Over the past 10 years, this metric has ranged from a low of 0.21 to a high of 4.27. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.08. Takkt AG's value of 0.21 is 89.9% below this industry median. Based on the distribution chart, Takkt AG ranks #68 out of 2262 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Takkt AG has a GF Score™ of 49/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Takkt AG's Cyclically Adjusted PB Ratio compare to competitors?
According to the Industrial Products industry distribution chart, Takkt AG ranks #68 out of 2262 companies for Cyclically Adjusted PB Ratio. This places Takkt AG in the top 3% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 2.08. Takkt AG's value of 0.21 is 89.9% below this benchmark. Historically, Takkt AG's own Cyclically Adjusted PB Ratio has ranged from 0.21 to 4.27 over the past decade. While the company's 10-year median is 1.50 vs. the industry median of 2.08, Takkt 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 an Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.08, based on 2,262 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. Takkt AG's current Cyclically Adjusted PB Ratio of 0.21 is 89.9% 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 Takkt AG and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Takkt AG's current Cyclically Adjusted PB Ratio is 0.21, which is 86% below median its own 10-year median of 1.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Takkt AG stock overvalued right now?
Based on GuruFocus' analysis, Takkt AG (FRA:TTK) is currently considered Possible Value Trap. The stock's GF Value™ is €6.96, compared to a current price of €2.26 — trading 67.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.21, which is 86% below median its 10-year median of 1.50 and 89.9% below the Industrial Products industry median of 2.08. Takkt AG's overall GF Score™ is 49/100 with 2 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 Takkt AG (FRA:TTK), the current Cyclically Adjusted PB Ratio is 0.21 as of Aug. 02, 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 Takkt AG (FRA:TTK) Overvalued in 2026?

Based on GuruFocus' analysis, Takkt AG stock appears to be undervalued. The current stock price of €2.26 is trading 67.5% below its estimated GF Value™ of €6.96. GuruFocus considers Takkt AG to be Possible Value Trap.

Key valuation signals for FRA:TTK:

  • Cyclically Adjusted PB Ratio: 0.21 (86% below median its 10-year median of 1.50)
  • GF Value™: €6.96 vs. price of €2.26 (67.5% below fair value)
  • GF Score™: 49/100 with 2 warning signs
  • Industry Position: 89.9% below the Industrial Products median (#68 of 2262)

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


Takkt AG Business Description

Address Presselstrasse 12, Stuttgart, BW, DEU, 70191
Takkt AG specializes in B2B omnichannel retail for business equipment. The Industrial & Packaging division offers a focused product portfolio of operational, warehouse, and office equipment for commercial customers in Europe, complemented by services such as consulting, project support, and digital procurement solutions. The Office Furniture & Displays division offers a diverse products and services for modern office environments in businesses, government agencies, schools, and the healthcare sector. The food services offer a product required for the preparation and presentation of food and beverages. The Industrial & Packaging division accounts for the majority of revenue.
49GF Score

Get the complete analysis for FRA:TTK

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

€2.26
Price
€6.96
GF Value