SCI AG (HAM:SCI) Cyclically Adjusted PB Ratio: 0.92 (As of Jul. 15, 2026) — 16% Below Median

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HAM:SCI SCI AG HAM:SCI
72 GF Score
Price €18.80
GF Value €85.64
Valuation Possible Value Trap
! 3 Warning Signs
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What is SCI AG Cyclically Adjusted PB Ratio?

SCI AG HAM:SCI -1.57% 72 Cyclically Adjusted PB Ratio is 0.92 as of Jul. 15, 2026, which is 16% below its 10-year median of 1.10. GuruFocus rates HAM:SCI with a GF Score™ of 72/100 and a GF Value™ of €85.64 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 637 Capital Markets companies, SCI AG ranks better than 62.79% on this metric.

As of today (2026-07-15), SCI AG's current share price is €18.80. SCI AG's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was €20.34. SCI AG's Cyclically Adjusted PB Ratio for today is 0.92.

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

HAM:SCI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.82   Med: 1.1   Max: 1.63
Current: 0.94

During the past 13 years, SCI AG's highest Cyclically Adjusted PB Ratio was 1.63. The lowest was 0.82. And the median was 1.10.

HAM:SCI's Cyclically Adjusted PB Ratio is ranked better than
62.79% of 637 companies
in the Capital Markets industry
Industry Median: 1.35 vs HAM:SCI: 0.94

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.

SCI AG's adjusted book value per share data of for the fiscal year that ended in Dec25 was €18.225. 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 €20.34 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


SCI AG  (HAM:SCI) 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.


SCI AG Cyclically Adjusted PB Ratio Related Terms


SCI AG Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for SCI 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.

SCI AG Cyclically Adjusted PB Ratio Chart

SCI 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 1.16 0.99 0.86 0.87 0.89

SCI AG Semi-Annual Data
Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.16 0.99 0.86 0.87 0.89

HAM:SCI vs MS, GS, SCHW: Cyclically Adjusted PB Ratio Comparison

For the Capital Markets subindustry, SCI 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.


SCI AG Cyclically Adjusted PB Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, SCI AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


HAM:SCI
72GF Score
SCI AG HAM:SCI
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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SCI 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=18.80/20.34
=0.92

* 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.

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

For example, SCI 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)
=18.225/129.3606*129.3606
=18.225

Current CPI (Dec25) = 129.3606.

SCI AG Annual Data

Book Value per Share CPI Adj_Book
201612 15.664 101.217 20.019
201712 17.023 102.617 21.459
201812 16.203 104.217 20.112
201912 17.953 105.818 21.947
202012 17.621 105.518 21.603
202112 19.210 110.384 22.513
202212 17.819 119.345 19.314
202312 18.725 123.773 19.570
202412 18.264 127.041 18.597
202512 18.225 129.361 18.225

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 0.92 mean?
SCI AG (HAM:SCI) has a Cyclically Adjusted PB Ratio of 0.92 as of Jul. 15, 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 SCI AG and its competitors. This is 16% below median its historical median of 1.10. Over the past decade, SCI AG's Cyclically Adjusted PB Ratio has ranged from 0.82 to 1.63. According to the industry distribution chart, SCI AG ranks #237 out of 637 companies in the Capital Markets industry, placing it in the top 37.2%.
Is SCI AG's Cyclically Adjusted PB Ratio too high?
SCI AG's current Cyclically Adjusted PB Ratio of 0.92 is 16% below median its 10-year median of 1.10. Over the past 10 years, this metric has ranged from a low of 0.82 to a high of 1.63. The Capital Markets industry median Cyclically Adjusted PB Ratio is 1.35. SCI AG's value of 0.92 is 31.9% below this industry median. Based on the distribution chart, SCI AG ranks #237 out of 637 companies in the Capital Markets industry, which is above the industry midpoint. Overall, SCI AG has a GF Score™ of 72/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does SCI AG's Cyclically Adjusted PB Ratio compare to MS and GS?
According to the Capital Markets industry distribution chart, SCI AG ranks #237 out of 637 companies for Cyclically Adjusted PB Ratio. This puts SCI AG in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.35. SCI AG's value of 0.92 is 31.9% below this benchmark. Historically, SCI AG's own Cyclically Adjusted PB Ratio has ranged from 0.82 to 1.63 over the past decade. While the company's 10-year median is 1.10 vs. the industry median of 1.35, SCI 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 Capital Markets company?
The median Cyclically Adjusted PB Ratio among Capital Markets companies is 1.35, based on 637 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. SCI AG's current Cyclically Adjusted PB Ratio of 0.92 is 31.9% 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 SCI AG and its competitors. For the Capital Markets industry, the median Cyclically Adjusted PB Ratio is 1.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SCI AG's current Cyclically Adjusted PB Ratio is 0.92, which is 16% below median its own 10-year median of 1.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SCI AG stock overvalued right now?
Based on GuruFocus' analysis, SCI AG (HAM:SCI) is currently considered Possible Value Trap. The stock's GF Value™ is €85.64, compared to a current price of €18.80 — trading 78% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.92, which is 16% below median its 10-year median of 1.10 and 31.9% below the Capital Markets industry median of 1.35. SCI AG's overall GF Score™ is 72/100 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 SCI AG (HAM:SCI), the current Cyclically Adjusted PB Ratio is 0.92 as of Jul. 15, 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 SCI AG (HAM:SCI) Overvalued in 2026?

Based on GuruFocus' analysis, SCI AG stock appears to be undervalued. The current stock price of €18.80 is trading 78% below its estimated GF Value™ of €85.64. GuruFocus considers SCI AG to be Possible Value Trap.

Key valuation signals for HAM:SCI:

  • Cyclically Adjusted PB Ratio: 0.92 (16% below median its 10-year median of 1.10)
  • GF Value™: €85.64 vs. price of €18.80 (78% below fair value)
  • GF Score™: 72/100 with 3 warning signs
  • Industry Position: 31.9% below the Capital Markets median (#237 of 637)

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


SCI AG Business Description

Address Bartholomaus-Arnoldi-Str. 82, Usingen, DEU, 61250
SCI AG is a holding company focused on special situations in the German stock market through takeovers and squeeze-outs. It seeks investment opportunities in temporal relation to corporate restructuring and turnaround situations.
72GF Score

Get the complete analysis for HAM:SCI

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

€18.80
Price
€85.64
GF Value