Homag Group AG (HAM:HG1) Cyclically Adjusted PB Ratio: 3.17 (As of Aug. 17, 2026) — 29% Below Median

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HAM:HG1 Homag Group AG HAM:HG1
59 GF Score
Price €24.80
GF Value €25.32
! 3 Warning Signs
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What is Homag Group AG Cyclically Adjusted PB Ratio?

Homag Group AG HAM:HG1 59 Cyclically Adjusted PB Ratio is 3.17 as of Aug. 17, 2026, which is 29% below its 10-year median of 4.47. GuruFocus rates HAM:HG1 with a GF Score™ of 59/100 and a GF Value™ of €25.32. The stock has 3 warning signs investors should review. Among 2,203 Industrial Products companies, Homag Group AG ranks worse than 63.78% on this metric.

As of today (2026-08-17), Homag Group AG's current share price is €24.80. Homag Group AG's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was €7.82. Homag Group AG's Cyclically Adjusted PB Ratio for today is 3.17.

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

HAM:HG1' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.12   Med: 4.47   Max: 6.46
Current: 3.2

During the past 13 years, Homag Group AG's highest Cyclically Adjusted PB Ratio was 6.46. The lowest was 3.12. And the median was 4.47.

HAM:HG1's Cyclically Adjusted PB Ratio is ranked worse than
63.78% of 2203 companies
in the Industrial Products industry
Industry Median: 2.18 vs HAM:HG1: 3.20

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.

Homag Group AG's adjusted book value per share data of for the fiscal year that ended in Dec25 was €6.770. 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 €7.82 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Homag Group AG  (HAM:HG1) 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.


Homag Group AG Cyclically Adjusted PB Ratio Related Terms


Homag Group AG Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Homag Group 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.

Homag Group AG Cyclically Adjusted PB Ratio Chart

Homag Group 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 5.87 5.25 4.41 4.72 3.43

Homag Group AG Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 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 0.00 4.72 0.00 3.43 0.00

HAM:HG1 vs GEV, ETN, PH: Cyclically Adjusted PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, Homag Group 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.


Homag Group AG Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

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


HAM:HG1
59GF Score
Homag Group AG HAM:HG1
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Homag Group 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=24.80/7.82
=3.17

* 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.

Homag Group AG's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Homag Group AG's adjusted Book Value per Share data for the fiscal year that ended in Dec25 was:

Adj_Book=Book Value per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=6.77/129.3606*129.3606
=6.770

Current CPI (Dec25) = 129.3606.

Homag Group AG Annual Data

Book Value per Share CPI Adj_Book
201612 6.810 101.217 8.704
201712 6.770 102.617 8.534
201812 6.770 104.217 8.403
201912 6.770 105.818 8.276
202012 6.770 105.518 8.300
202112 6.770 110.384 7.934
202212 6.770 119.345 7.338
202312 6.770 123.773 7.076
202412 6.770 127.041 6.894
202512 6.770 129.361 6.770

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 3.17 mean?
Homag Group AG (HAM:HG1) has a Cyclically Adjusted PB Ratio of 3.17 as of Aug. 17, 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 Homag Group AG and its competitors. This is 29% below median its historical median of 4.47. Over the past decade, Homag Group AG's Cyclically Adjusted PB Ratio has ranged from 3.12 to 6.46. According to the industry distribution chart, Homag Group AG ranks #1405 out of 2203 companies in the Industrial Products industry, placing it in the top 63.8%.
Is Homag Group AG's Cyclically Adjusted PB Ratio too high?
Homag Group AG's current Cyclically Adjusted PB Ratio of 3.17 is 29% below median its 10-year median of 4.47. Over the past 10 years, this metric has ranged from a low of 3.12 to a high of 6.46. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.18. Homag Group AG's value of 3.17 is 45.4% above this industry median. Based on the distribution chart, Homag Group AG ranks #1405 out of 2203 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Homag Group AG has a GF Score™ of 59/100, reflecting its overall financial health beyond just this single metric.
How does Homag Group AG's Cyclically Adjusted PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Homag Group AG ranks #1405 out of 2203 companies for Cyclically Adjusted PB Ratio. This places Homag Group AG in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.18. Homag Group AG's value of 3.17 is 45.4% above this benchmark. Historically, Homag Group AG's own Cyclically Adjusted PB Ratio has ranged from 3.12 to 6.46 over the past decade. While the company's 10-year median is 4.47 vs. the industry median of 2.18, Homag Group 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 Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.18, based on 2,203 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. Homag Group AG's current Cyclically Adjusted PB Ratio of 3.17 is 45.4% 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 Homag Group AG and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Homag Group AG's current Cyclically Adjusted PB Ratio is 3.17, which is 29% below median its own 10-year median of 4.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Homag Group AG stock overvalued right now?
Homag Group AG (HAM:HG1) has a current Cyclically Adjusted PB Ratio of 3.17. The stock's GF Value™ is €25.32, compared to a current price of €24.80 — trading 2.1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.17, which is 29% below median its 10-year median of 4.47 and 45.4% above the Industrial Products industry median of 2.18. Homag Group AG's overall GF Score™ is 59/100 with 3 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 Homag Group AG (HAM:HG1), the current Cyclically Adjusted PB Ratio is 3.17 as of Aug. 17, 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 Homag Group AG (HAM:HG1) Overvalued in 2026?

Based on GuruFocus' analysis, Homag Group AG stock appears to be undervalued. The current stock price of €24.80 is trading 2.1% below its estimated GF Value™ of €25.32.

Key valuation signals for HAM:HG1:

  • Cyclically Adjusted PB Ratio: 3.17 (29% below median its 10-year median of 4.47)
  • GF Value™: €25.32 vs. price of €24.80 (2.1% below fair value)
  • GF Score™: 59/100 with 3 warning signs
  • Industry Position: 45.4% above the Industrial Products median (#1405 of 2203)

No single metric tells the full story. See the HAM:HG1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Homag Group AG Business Description

Other Exchanges HG1:Germany
Address Homagstrasse 3-5, Schopfloch, DEU, 72296
Homag Group AG is a German-based company that manufactures machines and equipment for the woodworking industry. The company operates its business in four segments namely Industry segment, Cabinet shops, Sales & Service segment, and others. Maximum revenue comes from an industry segment which includes solutions for industrial companies based on plants, machines, information, control technology, and woodworking processes. The company carries its operations in the European region including Central, Western and Eastern Europe, American region including North and South America, Asia Pacific and Central Europe. The majority of the company's revenue comes from Central Europe.
59GF Score

Get the complete analysis for HAM:HG1

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

€24.80
Price
€25.32
GF Value