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Gelsenwasser AGFRA:WWG 67 Cyclically Adjusted PB Ratio is 1.86 as of Jul. 31, 2026, which is 51% below its 10-year median of 3.80. GuruFocus rates FRA:WWG with a GF Score™ of 67/100 and a GF Value™ of €439.26 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 439 Utilities - Regulated companies, Gelsenwasser AG ranks worse than 61.96% on this metric.
The historical rank and industry rank for Gelsenwasser AG's Cyclically Adjusted PB Ratio or its related term are showing as below:
FRA:WWG'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.78 Med: 3.8 Max: 7.42
Current: 1.86
During the past 13 years, Gelsenwasser AG's highest Cyclically Adjusted PB Ratio was 7.42. The lowest was 1.78. And the median was 3.80.
FRA:WWG's Cyclically Adjusted PB Ratio is ranked worse than 61.96% of 439
companies
in the Utilities - Regulated industry
Industry Median: 1.53
vs FRA:WWG: 1.86
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.
Gelsenwasser AG's adjusted book value per share data of for the fiscal year that ended in Dec25 was €323.735. 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 €290.25 for the trailing ten years ended in Dec25.
Shiller PE for Stocks: The True Measure of Stock Valuation
Gelsenwasser AG (FRA:WWG) 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.
Gelsenwasser AG Cyclically Adjusted PB Ratio Related Terms
Gelsenwasser AG Cyclically Adjusted PB Ratio Historical Data
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The historical data trend for Gelsenwasser 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.
Gelsenwasser AG Cyclically Adjusted PB Ratio Chart
FRA:WWG vs SRE, AES: Cyclically Adjusted PB Ratio Comparison
For the Utilities - Diversified subindustry, Gelsenwasser 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.
Gelsenwasser AG Cyclically Adjusted PB Ratio vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Gelsenwasser AG's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Gelsenwasser AG's Cyclically Adjusted PB Ratio falls into.
Gelsenwasser 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.
Gelsenwasser AG'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 1.86 mean?
Gelsenwasser AG (FRA:WWG) has a Cyclically Adjusted PB Ratio of 1.86 as of Jul. 31, 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 Gelsenwasser AG and its competitors. This is 51% below median its historical median of 3.80. Over the past decade, Gelsenwasser AG's Cyclically Adjusted PB Ratio has ranged from 1.78 to 7.42. According to the industry distribution chart, Gelsenwasser AG ranks #272 out of 439 companies in the Utilities - Regulated industry, placing it in the top 62%.
Is Gelsenwasser AG's Cyclically Adjusted PB Ratio too high?
Gelsenwasser AG's current Cyclically Adjusted PB Ratio of 1.86 is 51% below median its 10-year median of 3.80. Over the past 10 years, this metric has ranged from a low of 1.78 to a high of 7.42. The Utilities - Regulated industry median Cyclically Adjusted PB Ratio is 1.53. Gelsenwasser AG's value of 1.86 is 21.6% above this industry median. Based on the distribution chart, Gelsenwasser AG ranks #272 out of 439 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Gelsenwasser AG has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Gelsenwasser AG's Cyclically Adjusted PB Ratio compare to SRE and AES?
According to the Utilities - Regulated industry distribution chart, Gelsenwasser AG ranks #272 out of 439 companies for Cyclically Adjusted PB Ratio. This places Gelsenwasser AG in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.53. Gelsenwasser AG's value of 1.86 is 21.6% above this benchmark. Historically, Gelsenwasser AG's own Cyclically Adjusted PB Ratio has ranged from 1.78 to 7.42 over the past decade. While the company's 10-year median is 3.80 vs. the industry median of 1.53, Gelsenwasser AG 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 an Utilities - Regulated company?
The median Cyclically Adjusted PB Ratio among Utilities - Regulated companies is 1.53, based on 439 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. Gelsenwasser AG's current Cyclically Adjusted PB Ratio of 1.86 is 21.6% 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 Gelsenwasser AG and its competitors. For the Utilities - Regulated industry, the median Cyclically Adjusted PB Ratio is 1.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gelsenwasser AG's current Cyclically Adjusted PB Ratio is 1.86, which is 51% below median its own 10-year median of 3.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gelsenwasser AG stock overvalued right now?
Based on GuruFocus' analysis, Gelsenwasser AG (FRA:WWG) is currently considered Modestly Overvalued. The stock's GF Value™ is €439.26, compared to a current price of €540.00 — trading 22.9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.86, which is 51% below median its 10-year median of 3.80 and 21.6% above the Utilities - Regulated industry median of 1.53. Gelsenwasser AG's overall GF Score™ is 67/100 with 8 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 Gelsenwasser AG (FRA:WWG), the current Cyclically Adjusted PB Ratio is 1.86 as of Jul. 31, 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 Gelsenwasser AG (FRA:WWG) Overvalued in 2026?
Based on GuruFocus' analysis, Gelsenwasser AG stock appears to be overvalued.
The current stock price of €540.00 is trading 22.9% above its estimated GF Value™ of €439.26.
GuruFocus considers Gelsenwasser AG to be Modestly Overvalued.
Key valuation signals for FRA:WWG:
Cyclically Adjusted PB Ratio: 1.86 (51% below median its 10-year median of 3.80)
GF Value™: €439.26 vs. price of €540.00 (22.9% above fair value)
Industry Position: 21.6% above the Utilities - Regulated median (#272 of 439)
No single metric tells the full story. See the FRA:WWG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Gelsenwasser AG is engaged in supplying their customers with drinking and process water as well as with natural gas and heating to households, businesses, public institutions, and industry. It also performs wastewater disposal and electricity supply functions. The company generates revenue mostly from gas and water.
67GF Score
Get the complete analysis for FRA:WWG
Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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