Stroeer SE KGaA (HAM:SAX) Cyclically Adjusted PB Ratio: 3.16 (As of Jul. 23, 2026) — 43% Below Median

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HAM:SAX Stroeer SE & Co KGaA HAM:SAX
78 GF Score
Price €35.34
GF Value €52.97
Valuation Possible Value Trap
! 6 Warning Signs
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What is Stroeer SE KGaA Cyclically Adjusted PB Ratio?

Stroeer SE KGaA HAM:SAX -1.12% 78 Cyclically Adjusted PB Ratio is 3.16 as of Jul. 23, 2026, which is 43% below its 10-year median of 5.58. GuruFocus rates HAM:SAX with a GF Score™ of 78/100 and a GF Value™ of €52.97 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 714 Media - Diversified companies, Stroeer SE KGaA ranks worse than 85.01% on this metric.

As of today (2026-07-23), Stroeer SE KGaA's current share price is €35.34. Stroeer SE KGaA's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €11.18. Stroeer SE KGaA's Cyclically Adjusted PB Ratio for today is 3.16.

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

HAM:SAX' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.65   Med: 5.58   Max: 9.51
Current: 3.19

During the past years, Stroeer SE KGaA's highest Cyclically Adjusted PB Ratio was 9.51. The lowest was 2.65. And the median was 5.58.

HAM:SAX's Cyclically Adjusted PB Ratio is ranked worse than
85.01% of 714 companies
in the Media - Diversified industry
Industry Median: 0.985 vs HAM:SAX: 3.19

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.

Stroeer SE KGaA's adjusted book value per share data for the three months ended in Mar. 2026 was €8.639. 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 €11.18 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Stroeer SE KGaA  (HAM:SAX) 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.


Stroeer SE KGaA Cyclically Adjusted PB Ratio Related Terms


Stroeer SE KGaA Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Stroeer SE KGaA'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.

Stroeer SE KGaA Cyclically Adjusted PB Ratio Chart

Stroeer SE KGaA 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 7.27 4.21 4.99 4.16 3.34

Stroeer SE KGaA 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 4.84 4.55 3.37 3.34 2.75

HAM:SAX vs APP, OMC, TTD: Cyclically Adjusted PB Ratio Comparison

For the Advertising Agencies subindustry, Stroeer SE KGaA'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.


Stroeer SE KGaA Cyclically Adjusted PB Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Stroeer SE KGaA's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


HAM:SAX
78GF Score
Stroeer SE & Co KGaA HAM:SAX
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Stroeer SE KGaA 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=35.34/11.18
=3.16

* 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.

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

For example, Stroeer SE KGaA'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)
=8.639/131.2583*131.2583
=8.639

Current CPI (Mar. 2026) = 131.2583.

Stroeer SE KGaA Quarterly Data

Book Value per Share CPI Adj_Book
201606 11.874 100.717 15.475
201609 11.370 101.017 14.774
201612 11.445 101.217 14.842
201703 11.607 101.417 15.022
201706 10.837 102.117 13.930
201709 11.044 102.717 14.113
201712 11.776 102.617 15.063
201803 11.914 102.917 15.195
201806 11.127 104.017 14.041
201809 10.981 104.718 13.764
201812 11.141 104.217 14.032
201903 12.134 104.217 15.282
201906 10.549 105.718 13.098
201909 10.736 106.018 13.292
201912 10.013 105.818 12.420
202003 11.225 105.718 13.937
202006 10.499 106.618 12.925
202009 10.774 105.818 13.364
202012 8.306 105.518 10.332
202103 8.086 107.518 9.871
202106 8.175 108.486 9.891
202109 6.818 109.435 8.178
202112 8.370 110.384 9.953
202203 8.561 113.968 9.860
202206 6.920 115.760 7.846
202209 7.646 118.818 8.447
202212 8.278 119.345 9.104
202303 7.938 122.402 8.512
202306 8.272 123.140 8.817
202309 6.925 124.195 7.319
202312 7.827 123.773 8.300
202403 7.929 125.038 8.323
202406 6.677 125.882 6.962
202409 7.327 126.198 7.621
202412 8.335 127.041 8.612
202503 8.487 127.779 8.718
202506 6.789 128.412 6.939
202509 7.241 129.255 7.353
202512 8.533 129.361 8.658
202603 8.639 131.258 8.639

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 3.16 mean?
Stroeer SE KGaA (HAM:SAX) has a Cyclically Adjusted PB Ratio of 3.16 as of Jul. 23, 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 Stroeer SE KGaA and its competitors. This is 43% below median its historical median of 5.58. Over the past decade, Stroeer SE KGaA's Cyclically Adjusted PB Ratio has ranged from 2.65 to 9.51. According to the industry distribution chart, Stroeer SE KGaA ranks #607 out of 714 companies in the Media - Diversified industry, placing it in the top 85%.
Is Stroeer SE KGaA's Cyclically Adjusted PB Ratio too high?
Stroeer SE KGaA's current Cyclically Adjusted PB Ratio of 3.16 is 43% below median its 10-year median of 5.58. Over the past 10 years, this metric has ranged from a low of 2.65 to a high of 9.51. The Media - Diversified industry median Cyclically Adjusted PB Ratio is 0.99. Stroeer SE KGaA's value of 3.16 is 220.8% above this industry median. Based on the distribution chart, Stroeer SE KGaA ranks #607 out of 714 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers. Overall, Stroeer SE KGaA has a GF Score™ of 78/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Stroeer SE KGaA's Cyclically Adjusted PB Ratio compare to APP and OMC?
According to the Media - Diversified industry distribution chart, Stroeer SE KGaA ranks #607 out of 714 companies for Cyclically Adjusted PB Ratio. This places Stroeer SE KGaA in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.99. Stroeer SE KGaA's value of 3.16 is 220.8% above this benchmark. Historically, Stroeer SE KGaA's own Cyclically Adjusted PB Ratio has ranged from 2.65 to 9.51 over the past decade. While the company's 10-year median is 5.58 vs. the industry median of 0.99, Stroeer SE KGaA 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 Media - Diversified company?
The median Cyclically Adjusted PB Ratio among Media - Diversified companies is 0.99, based on 714 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. Stroeer SE KGaA's current Cyclically Adjusted PB Ratio of 3.16 is 220.8% 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 Stroeer SE KGaA and its competitors. For the Media - Diversified industry, the median Cyclically Adjusted PB Ratio is 0.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Stroeer SE KGaA's current Cyclically Adjusted PB Ratio is 3.16, which is 43% below median its own 10-year median of 5.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Stroeer SE KGaA stock overvalued right now?
Based on GuruFocus' analysis, Stroeer SE KGaA (HAM:SAX) is currently considered Possible Value Trap. The stock's GF Value™ is €52.97, compared to a current price of €35.34 — trading 33.3% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.16, which is 43% below median its 10-year median of 5.58 and 220.8% above the Media - Diversified industry median of 0.99. Stroeer SE KGaA's overall GF Score™ is 78/100 with 6 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 Stroeer SE KGaA (HAM:SAX), the current Cyclically Adjusted PB Ratio is 3.16 as of Jul. 23, 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 Stroeer SE KGaA (HAM:SAX) Overvalued in 2026?

Based on GuruFocus' analysis, Stroeer SE KGaA stock appears to be undervalued. The current stock price of €35.34 is trading 33.3% below its estimated GF Value™ of €52.97. GuruFocus considers Stroeer SE KGaA to be Possible Value Trap.

Key valuation signals for HAM:SAX:

  • Cyclically Adjusted PB Ratio: 3.16 (43% below median its 10-year median of 5.58)
  • GF Value™: €52.97 vs. price of €35.34 (33.3% below fair value)
  • GF Score™: 78/100 with 6 warning signs
  • Industry Position: 220.8% above the Media - Diversified median (#607 of 714)

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


Stroeer SE KGaA Business Description

Address Stroer-Allee 1, Cologne, NW, DEU, 50999
Stroeer SE & Co KGaA is a Germany-based holding company focused on promotional media services outside of the home. It operates in three main business segments, Out of Home (OOH) Media which generates key revenue, Digital & Dialog Media, and DaaS & E-commerce. The OOH Media segment encompasses the Group's entire OOH advertising business, comprising the Classic OOH, Digital OOH, and OOH services product groups. Digital & Dialog Media segment provides solutions for online advertising in the context of proprietary and third-party content. The scalable products marketed on this basis range from branding and storytelling to performance, native advertising, and social media. Geographically, it generates the majority of its revenue from Germany.
78GF Score

Get the complete analysis for HAM:SAX

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

€35.34
Price
€52.97
GF Value