Enapter AG (LTS:0NPF) Cyclically Adjusted PB Ratio: 0.07 (As of Jul. 24, 2026) — 50% Below Median

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LTS:0NPF Enapter AG LTS:0NPF
55 GF Score
Price €0.21
GF Value €0.63
! 8 Warning Signs
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What is Enapter AG Cyclically Adjusted PB Ratio?

Enapter AG LTS:0NPF 55 Cyclically Adjusted PB Ratio is 0.07 as of Jul. 24, 2026, which is 50% below its 10-year median of 0.14. GuruFocus rates LTS:0NPF with a GF Score™ of 55/100 and a GF Value™ of €0.63. The stock has 8 warning signs investors should review. Among 2,280 Industrial Products companies, Enapter AG ranks better than 99.43% on this metric.

As of today (2026-07-24), Enapter AG's current share price is €0.205. Enapter AG's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was €2.95. Enapter AG's Cyclically Adjusted PB Ratio for today is 0.07.

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

LTS:0NPF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.05   Med: 0.14   Max: 0.18
Current: 0.05

During the past 10 years, Enapter AG's highest Cyclically Adjusted PB Ratio was 0.18. The lowest was 0.05. And the median was 0.14.

LTS:0NPF's Cyclically Adjusted PB Ratio is ranked better than
99.43% of 2280 companies
in the Industrial Products industry
Industry Median: 2.12 vs LTS:0NPF: 0.05

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.

Enapter AG's adjusted book value per share data of for the fiscal year that ended in Dec25 was €1.578. 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 €2.95 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Enapter AG  (LTS:0NPF) 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.


Enapter AG Cyclically Adjusted PB Ratio Related Terms


Enapter AG Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Enapter 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.

Enapter AG Cyclically Adjusted PB Ratio Chart

Enapter AG Annual Data
Trend Dec07 Dec08 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.07

Enapter AG Semi-Annual Data
Jun09 Jun11 Jan17 Jul17 Jan18 Jul18 Jan19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 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 Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.07

LTS:0NPF vs GEV, ETN, PH: Cyclically Adjusted PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, Enapter 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.


Enapter AG Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

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


LTS:0NPF
55GF Score
Enapter AG LTS:0NPF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Enapter 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.205/2.95
=0.07

* 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.

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

For example, Enapter 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)
=1.578/129.3606*129.3606
=1.578

Current CPI (Dec25) = 129.3606.

Enapter AG Annual Data

Book Value per Share CPI Adj_Book
200712 2.284 91.146 3.242
200812 -1.776 92.173 -2.493
201812 2.672 104.217 3.317
201912 178.636 105.818 218.380
202012 6.784 105.518 8.317
202112 1.867 110.384 2.188
202212 3.114 119.345 3.375
202312 2.891 123.773 3.022
202412 2.238 127.041 2.279
202512 1.578 129.361 1.578

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 0.07 mean?
Enapter AG (LTS:0NPF) has a Cyclically Adjusted PB Ratio of 0.07 as of Jul. 24, 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 Enapter AG and its competitors. This is 50% below median its historical median of 0.14. Over the past decade, Enapter AG's Cyclically Adjusted PB Ratio has ranged from 0.05 to 0.18. According to the industry distribution chart, Enapter AG ranks #13 out of 2280 companies in the Industrial Products industry, placing it in the top 0.59999999999999%.
Is Enapter AG's Cyclically Adjusted PB Ratio too high?
Enapter AG's current Cyclically Adjusted PB Ratio of 0.07 is 50% below median its 10-year median of 0.14. Over the past 10 years, this metric has ranged from a low of 0.05 to a high of 0.18. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.12. Enapter AG's value of 0.07 is 96.7% below this industry median. Based on the distribution chart, Enapter AG ranks #13 out of 2280 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Enapter AG has a GF Score™ of 55/100, reflecting its overall financial health beyond just this single metric.
How does Enapter AG's Cyclically Adjusted PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Enapter AG ranks #13 out of 2280 companies for Cyclically Adjusted PB Ratio. This places Enapter AG in the top 1% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 2.12. Enapter AG's value of 0.07 is 96.7% below this benchmark. Historically, Enapter AG's own Cyclically Adjusted PB Ratio has ranged from 0.05 to 0.18 over the past decade. While the company's 10-year median is 0.14 vs. the industry median of 2.12, Enapter 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 an Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.12, based on 2,280 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. Enapter AG's current Cyclically Adjusted PB Ratio of 0.07 is 96.7% 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 Enapter AG and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Enapter AG's current Cyclically Adjusted PB Ratio is 0.07, which is 50% below median its own 10-year median of 0.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Enapter AG stock overvalued right now?
Enapter AG (LTS:0NPF) has a current Cyclically Adjusted PB Ratio of 0.07. The stock's GF Value™ is €0.63, compared to a current price of €0.21 — trading 67.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.07, which is 50% below median its 10-year median of 0.14 and 96.7% below the Industrial Products industry median of 2.12. Enapter AG's overall GF Score™ is 55/100 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 Enapter AG (LTS:0NPF), the current Cyclically Adjusted PB Ratio is 0.07 as of Jul. 24, 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 Enapter AG (LTS:0NPF) Overvalued in 2026?

Based on GuruFocus' analysis, Enapter AG stock appears to be undervalued. The current stock price of €0.21 is trading 67.5% below its estimated GF Value™ of €0.63.

Key valuation signals for LTS:0NPF:

  • Cyclically Adjusted PB Ratio: 0.07 (50% below median its 10-year median of 0.14)
  • GF Value™: €0.63 vs. price of €0.21 (67.5% below fair value)
  • GF Score™: 55/100 with 8 warning signs
  • Industry Position: 96.7% below the Industrial Products median (#13 of 2280)

No single metric tells the full story. See the LTS:0NPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Enapter AG Business Description

Other Exchanges H2O:Germany
Address Reinhardtstr. 35, Berlin, BB, DEU, 10117
Enapter AG is engaged in research and development in the field of hydrogen systems with a focus on electrolysis, project management in Renewable Energy Systems and Smart-Grid Technology, software development for Smart Grid, Smart Energy and Industry 4.0 and Internet of Things (IoT), and manufacturing and production, design, planning, trading and resale of electrolysers and similar products and related software and control systems. Specifically, the Enapter Group develops and manufactures patented electrolysers based on Anion Exchange Membrane (AEM) technology. the Group had only one reportable segment which is the design and production of hydrogen generators based on patented anion exchange membrane electrolysis (AEM electrolysis) and pursues.
55GF Score

Get the complete analysis for LTS:0NPF

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

€0.21
Price
€0.63
GF Value