Onesano (FRA:X2Z) Cyclically Adjusted PB Ratio: (As of Aug. 02, 2026)

Author: Vera Yuan 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
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:X2Z Onesano SA FRA:X2Z
40 GF Score
Price €0.12
GF Value €0.28
! 4 Warning Signs
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What is Onesano Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Onesano  (FRA:X2Z) 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.


Onesano Cyclically Adjusted PB Ratio Related Terms


Onesano Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Onesano'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.

Onesano Cyclically Adjusted PB Ratio Chart

Onesano 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 4.68 6.45 18.20 0.00 0.00

Onesano 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 0.00 0.00 0.00 0.00 0.00

FRA:X2Z vs DOW: Cyclically Adjusted PB Ratio Comparison

For the Chemicals subindustry, Onesano'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.


Onesano Cyclically Adjusted PB Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Onesano's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:X2Z
40GF Score
Onesano SA FRA:X2Z
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Onesano 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.

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

For example, Onesano'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)
=0.014/163.0700*163.0700
=0.014

Current CPI (Mar. 2026) = 163.0700.

Onesano Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.023 99.552 0.038
201609 0.017 99.064 0.028
201612 0.004 100.366 0.006
201703 -0.003 101.018 -0.005
201706 -0.008 101.180 -0.013
201709 -0.016 101.343 -0.026
201712 -0.020 102.564 -0.032
201803 -0.029 102.564 -0.046
201806 -0.060 103.378 -0.095
201809 -0.072 103.378 -0.114
201812 -0.047 103.785 -0.074
201903 -0.054 104.274 -0.084
201906 -0.053 105.983 -0.082
201909 -0.061 105.983 -0.094
201912 -0.068 107.123 -0.104
202003 -0.068 109.076 -0.102
202006 -0.069 109.402 -0.103
202009 -0.072 109.320 -0.107
202012 -0.069 109.565 -0.103
202103 -0.067 112.658 -0.097
202106 -0.073 113.960 -0.104
202109 -0.076 115.588 -0.107
202112 -0.077 119.088 -0.105
202203 -0.083 125.031 -0.108
202206 -0.090 131.705 -0.111
202209 0.079 135.531 0.095
202212 0.077 139.113 0.090
202303 0.072 145.950 0.080
202306 0.067 147.009 0.074
202309 0.061 146.113 0.068
202312 0.054 147.741 0.060
202403 0.050 149.044 0.055
202406 0.044 150.997 0.048
202409 0.040 153.439 0.043
202412 0.034 154.660 0.036
202503 0.029 157.021 0.030
202506 0.027 157.509 0.028
202509 0.022 158.000 0.023
202512 0.017 158.320 0.018
202603 0.014 163.070 0.014

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 Onesano (FRA:X2Z) Overvalued in 2026?

Based on GuruFocus' analysis, Onesano stock appears to be undervalued. The current stock price of €0.12 is trading 58.2% below its estimated GF Value™ of €0.28.

Key valuation signals for FRA:X2Z:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €0.28 vs. price of €0.12 (58.2% below fair value)
  • GF Score™: 40/100 with 4 warning signs

No single metric tells the full story. See the FRA:X2Z stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Onesano Business Description

Other Exchanges ONO:Poland
Address ul. Dyrekcyjna 6, Chorzow, POL, 41-506
Onesano SA is a Poland-based company. It is mainly engaged in produces and sells biofuels in Poland. The company also engages in trading conventional fuels such as diesel and motor gasoline. It produces bio- components such as fatty acid methyl esters.
40GF Score

Get the complete analysis for FRA:X2Z

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

€0.12
Price
€0.28
GF Value