Equnico SE (FRA:ZB7) Cyclically Adjusted PB Ratio: 2.20 (As of Jul. 29, 2026) — 153% Above Median

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FRA:ZB7 Equnico SE FRA:ZB7
34 GF Score
Price €0.29
GF Value €0.18
! 8 Warning Signs
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What is Equnico SE Cyclically Adjusted PB Ratio?

Equnico SE FRA:ZB7 -0.35% 34 Cyclically Adjusted PB Ratio is 2.20 as of Jul. 29, 2026, which is 153% above its 10-year median of 0.87. GuruFocus rates FRA:ZB7 with a GF Score™ of 34/100 and a GF Value™ of €0.18. The stock has 8 warning signs investors should review. Among 1,357 Construction companies, Equnico SE ranks worse than 71.48% on this metric.

As of today (2026-07-29), Equnico SE's current share price is €0.286. Equnico SE's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €0.13. Equnico SE's Cyclically Adjusted PB Ratio for today is 2.20.

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

FRA:ZB7' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.46   Med: 0.87   Max: 2.33
Current: 2.26

During the past years, Equnico SE's highest Cyclically Adjusted PB Ratio was 2.33. The lowest was 0.46. And the median was 0.87.

FRA:ZB7's Cyclically Adjusted PB Ratio is ranked worse than
71.48% of 1357 companies
in the Construction industry
Industry Median: 1.16 vs FRA:ZB7: 2.26

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.

Equnico SE's adjusted book value per share data for the three months ended in Mar. 2026 was €0.130. 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 €0.13 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Equnico SE  (FRA:ZB7) 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.


Equnico SE Cyclically Adjusted PB Ratio Related Terms


Equnico SE Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Equnico SE'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.

Equnico SE Cyclically Adjusted PB Ratio Chart

Equnico SE 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 0.86 0.74 0.84 1.28 1.61

Equnico SE 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 1.29 1.31 1.54 1.61 2.11

FRA:ZB7 vs PWR, FIX, EME: Cyclically Adjusted PB Ratio Comparison

For the Engineering & Construction subindustry, Equnico SE'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.


Equnico SE Cyclically Adjusted PB Ratio vs Construction Industry

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

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


FRA:ZB7
34GF Score
Equnico SE FRA:ZB7
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Equnico SE 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.

Equnico SE's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.286/0.13
=2.20

* 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.

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

For example, Equnico SE'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)
=0.13/163.0700*163.0700
=0.130

Current CPI (Mar. 2026) = 163.0700.

Equnico SE Quarterly Data

Book Value per Share CPI Adj_Book
201506 0.172 100.448 0.279
201509 0.076 99.634 0.124
201512 0.047 99.471 0.077
201603 0.039 98.983 0.064
201606 0.031 99.552 0.051
201609 0.047 99.064 0.077
201612 0.078 100.366 0.127
201703 0.081 101.018 0.131
201706 0.104 101.180 0.168
201709 0.103 101.343 0.166
201712 0.101 102.564 0.161
201803 0.099 102.564 0.157
201806 0.098 103.378 0.155
201809 0.126 103.378 0.199
201812 0.105 103.785 0.165
201906 0.107 105.983 0.165
201912 0.100 107.123 0.152
202006 0.098 109.402 0.146
202009 0.000 109.320 0.000
202012 0.058 109.565 0.086
202106 0.150 113.960 0.215
202109 0.112 115.588 0.158
202112 0.113 119.088 0.155
202203 0.000 125.031 0.000
202206 0.112 131.705 0.139
202209 0.000 135.531 0.000
202212 0.110 139.113 0.129
202303 0.100 145.950 0.112
202306 0.081 147.009 0.090
202309 0.080 146.113 0.089
202312 0.114 147.741 0.126
202403 0.077 149.044 0.084
202406 0.078 150.997 0.084
202409 0.108 153.439 0.115
202412 0.121 154.660 0.128
202503 0.113 157.021 0.117
202506 0.111 157.509 0.115
202509 0.112 158.000 0.116
202512 0.129 158.320 0.133
202603 0.130 163.070 0.130

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 2.20 mean?
Equnico SE (FRA:ZB7) has a Cyclically Adjusted PB Ratio of 2.20 as of Jul. 29, 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 Equnico SE and its competitors. This is 153% above median its historical median of 0.87. Over the past decade, Equnico SE's Cyclically Adjusted PB Ratio has ranged from 0.46 to 2.33. According to the industry distribution chart, Equnico SE ranks #970 out of 1357 companies in the Construction industry, placing it in the top 71.5%.
Is Equnico SE's Cyclically Adjusted PB Ratio too high?
Equnico SE's current Cyclically Adjusted PB Ratio of 2.20 is 153% above median its 10-year median of 0.87. Over the past 10 years, this metric has ranged from a low of 0.46 to a high of 2.33. The Construction industry median Cyclically Adjusted PB Ratio is 1.16. Equnico SE's value of 2.20 is 89.7% above this industry median. Based on the distribution chart, Equnico SE ranks #970 out of 1357 companies in the Construction industry, which is below the industry midpoint. Overall, Equnico SE has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Equnico SE's Cyclically Adjusted PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Equnico SE ranks #970 out of 1357 companies for Cyclically Adjusted PB Ratio. This places Equnico SE in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.16. Equnico SE's value of 2.20 is 89.7% above this benchmark. Historically, Equnico SE's own Cyclically Adjusted PB Ratio has ranged from 0.46 to 2.33 over the past decade. While the company's 10-year median is 0.87 vs. the industry median of 1.16, Equnico SE 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 a Construction company?
The median Cyclically Adjusted PB Ratio among Construction companies is 1.16, based on 1,357 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. Equnico SE's current Cyclically Adjusted PB Ratio of 2.20 is 89.7% 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 Equnico SE and its competitors. For the Construction industry, the median Cyclically Adjusted PB Ratio is 1.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Equnico SE's current Cyclically Adjusted PB Ratio is 2.20, which is 153% above median its own 10-year median of 0.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Equnico SE stock overvalued right now?
Equnico SE (FRA:ZB7) has a current Cyclically Adjusted PB Ratio of 2.20. The stock's GF Value™ is €0.18, compared to a current price of €0.29 — trading 58.9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.20, which is 153% above median its 10-year median of 0.87 and 89.7% above the Construction industry median of 1.16. Equnico SE's overall GF Score™ is 34/100 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 Equnico SE (FRA:ZB7), the current Cyclically Adjusted PB Ratio is 2.20 as of Jul. 29, 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 Equnico SE (FRA:ZB7) Overvalued in 2026?

Based on GuruFocus' analysis, Equnico SE stock appears to be overvalued. The current stock price of €0.29 is trading 58.9% above its estimated GF Value™ of €0.18.

Key valuation signals for FRA:ZB7:

  • Cyclically Adjusted PB Ratio: 2.20 (153% above median its 10-year median of 0.87)
  • GF Value™: €0.18 vs. price of €0.29 (58.9% above fair value)
  • GF Score™: 34/100 with 8 warning signs
  • Industry Position: 89.7% above the Construction median (#970 of 1357)

No single metric tells the full story. See the FRA:ZB7 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Equnico SE Business Description

Other Exchanges EQU:Poland
Address Zielna 20, Modlniczka, Krakow, POL, 32-085
Equnico SE formerly Resbud SE is a modern, dynamically growing European holding company present in the construction, power and civil engineering markets, and also dealing with manufacturing, logistics and delivery of materials and equipment for the construction and power sectors. It combines a modern approach to business with a about 70-year tradition in the construction industry.
34GF Score

Get the complete analysis for FRA:ZB7

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

€0.29
Price
€0.18
GF Value