DISO Verwaltungs AG (HAM:MT3) Cyclically Adjusted PB Ratio: 0.29 (As of Jul. 31, 2026) — 61% Above Median

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HAM:MT3 DISO Verwaltungs AG HAM:MT3
40 GF Score
Price €1.03
! 1 Warning Sign
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What is DISO Verwaltungs AG Cyclically Adjusted PB Ratio?

DISO Verwaltungs AG HAM:MT3 40 Cyclically Adjusted PB Ratio is 0.29 as of Jul. 31, 2026, which is 61% above its 10-year median of 0.18. GuruFocus rates HAM:MT3 with a GF Score™ of 40/100. The stock has 1 warning sign investors should review. Among 1,974 Hardware companies, DISO Verwaltungs AG ranks better than 93.62% on this metric.

As of today (2026-07-31), DISO Verwaltungs AG's current share price is €1.03. DISO Verwaltungs AG's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec24 was €3.61. DISO Verwaltungs AG's Cyclically Adjusted PB Ratio for today is 0.29.

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

HAM:MT3' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.08   Med: 0.18   Max: 0.29
Current: 0.29

During the past 13 years, DISO Verwaltungs AG's highest Cyclically Adjusted PB Ratio was 0.29. The lowest was 0.08. And the median was 0.18.

HAM:MT3's Cyclically Adjusted PB Ratio is ranked better than
93.62% of 1974 companies
in the Hardware industry
Industry Median: 1.99 vs HAM:MT3: 0.29

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.

DISO Verwaltungs AG's adjusted book value per share data of for the fiscal year that ended in Dec24 was €0.105. 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 €3.61 for the trailing ten years ended in Dec24.

Shiller PE for Stocks: The True Measure of Stock Valuation


DISO Verwaltungs AG  (HAM:MT3) 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.


DISO Verwaltungs AG Cyclically Adjusted PB Ratio Related Terms


DISO Verwaltungs AG Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for DISO Verwaltungs 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.

DISO Verwaltungs AG Cyclically Adjusted PB Ratio Chart

DISO Verwaltungs AG Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.24 0.15 0.27 0.25

DISO Verwaltungs AG Semi-Annual Data
Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec21 Dec22 Dec23 Dec24
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 0.00 0.24 0.15 0.27 0.25

HAM:MT3 vs DELL, ANET, SNDK: Cyclically Adjusted PB Ratio Comparison

For the Computer Hardware subindustry, DISO Verwaltungs 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.


DISO Verwaltungs AG Cyclically Adjusted PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, DISO Verwaltungs AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


HAM:MT3
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DISO Verwaltungs AG HAM:MT3
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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DISO Verwaltungs 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.03/3.61
=0.29

* 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.

DISO Verwaltungs AG's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec24 is calculated as:

For example, DISO Verwaltungs AG's adjusted Book Value per Share data for the fiscal year that ended in Dec24 was:

Adj_Book=Book Value per Share/CPI of Dec24 (Change)*Current CPI (Dec24)
=0.105/127.0412*127.0412
=0.105

Current CPI (Dec24) = 127.0412.

DISO Verwaltungs AG Annual Data

Book Value per Share CPI Adj_Book
200912 5.331 92.919 7.289
201012 5.107 94.132 6.892
201112 4.183 95.998 5.536
201212 5.417 97.957 7.025
201312 3.139 99.356 4.014
201412 3.420 99.543 4.365
202112 0.323 110.384 0.372
202212 0.242 119.345 0.258
202312 0.218 123.773 0.224
202412 0.105 127.041 0.105

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 0.29 mean?
DISO Verwaltungs AG (HAM:MT3) has a Cyclically Adjusted PB Ratio of 0.29 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 DISO Verwaltungs AG and its competitors. This is 61% above median its historical median of 0.18. Over the past decade, DISO Verwaltungs AG's Cyclically Adjusted PB Ratio has ranged from 0.08 to 0.29. According to the industry distribution chart, DISO Verwaltungs AG ranks #126 out of 1974 companies in the Hardware industry, placing it in the top 6.4%.
Is DISO Verwaltungs AG's Cyclically Adjusted PB Ratio too high?
DISO Verwaltungs AG's current Cyclically Adjusted PB Ratio of 0.29 is 61% above median its 10-year median of 0.18. Over the past 10 years, this metric has ranged from a low of 0.08 to a high of 0.29. The Hardware industry median Cyclically Adjusted PB Ratio is 1.99. DISO Verwaltungs AG's value of 0.29 is 85.4% below this industry median. Based on the distribution chart, DISO Verwaltungs AG ranks #126 out of 1974 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, DISO Verwaltungs AG has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does DISO Verwaltungs AG's Cyclically Adjusted PB Ratio compare to DELL and ANET?
According to the Hardware industry distribution chart, DISO Verwaltungs AG ranks #126 out of 1974 companies for Cyclically Adjusted PB Ratio. This places DISO Verwaltungs AG in the top 6% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.99. DISO Verwaltungs AG's value of 0.29 is 85.4% below this benchmark. Historically, DISO Verwaltungs AG's own Cyclically Adjusted PB Ratio has ranged from 0.08 to 0.29 over the past decade. While the company's 10-year median is 0.18 vs. the industry median of 1.99, DISO Verwaltungs 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 a Hardware company?
The median Cyclically Adjusted PB Ratio among Hardware companies is 1.99, based on 1,974 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. DISO Verwaltungs AG's current Cyclically Adjusted PB Ratio of 0.29 is 85.4% 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 DISO Verwaltungs AG and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 1.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DISO Verwaltungs AG's current Cyclically Adjusted PB Ratio is 0.29, which is 61% above median its own 10-year median of 0.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DISO Verwaltungs AG stock overvalued right now?
DISO Verwaltungs AG (HAM:MT3) has a current Cyclically Adjusted PB Ratio of 0.29. The current Cyclically Adjusted PB Ratio is 0.29, which is 61% above median its 10-year median of 0.18 and 85.4% below the Hardware industry median of 1.99. DISO Verwaltungs AG's overall GF Score™ is 40/100 with 1 warning sign 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 DISO Verwaltungs AG (HAM:MT3), the current Cyclically Adjusted PB Ratio is 0.29 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.

DISO Verwaltungs AG Business Description

Address Am Kirchberg 23, Esslingen, DEU, 73734
DISO Verwaltungs AG provides, markets, sells, and supports Matica brand secure credential solutions. It provides ID card and high-security identification solutions through the brand name EDIsecure and IDExpert. It also provides systems for desktop laser engraving, e-passport printing, and high-volume financial card central issuance.
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Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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