Santumas Shareholdings (MAL:STS) Cyclically Adjusted PB Ratio: 0.66 (As of Jul. 21, 2026) — 15% Below Median

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MAL:STS Santumas Shareholdings PLC MAL:STS
57 GF Score
Price €1.22
GF Value €1.39
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Santumas Shareholdings Cyclically Adjusted PB Ratio?

Santumas Shareholdings MAL:STS 57 Cyclically Adjusted PB Ratio is 0.66 as of Jul. 21, 2026, which is 15% below its 10-year median of 0.78. GuruFocus rates MAL:STS with a GF Score™ of 57/100 and a GF Value™ of €1.39 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,001 Asset Management companies, Santumas Shareholdings ranks better than 65.23% on this metric.

As of today (2026-07-21), Santumas Shareholdings's current share price is €1.22. Santumas Shareholdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Apr25 was €1.85. Santumas Shareholdings's Cyclically Adjusted PB Ratio for today is 0.66.

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

MAL:STS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.54   Med: 0.78   Max: 1.18
Current: 0.66

During the past 13 years, Santumas Shareholdings's highest Cyclically Adjusted PB Ratio was 1.18. The lowest was 0.54. And the median was 0.78.

MAL:STS's Cyclically Adjusted PB Ratio is ranked better than
65.23% of 1001 companies
in the Asset Management industry
Industry Median: 0.84 vs MAL:STS: 0.66

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.

Santumas Shareholdings's adjusted book value per share data of for the fiscal year that ended in Apr25 was €1.938. 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 €1.85 for the trailing ten years ended in Apr25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Santumas Shareholdings  (MAL:STS) 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.


Santumas Shareholdings Cyclically Adjusted PB Ratio Related Terms


Santumas Shareholdings Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Santumas Shareholdings'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.

Santumas Shareholdings Cyclically Adjusted PB Ratio Chart

Santumas Shareholdings Annual Data
Trend Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.02 0.71 0.78 0.77 0.65

Santumas Shareholdings Semi-Annual Data
Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25
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 0.77 0.00 0.65 0.00

MAL:STS vs BLK, BX, KKR: Cyclically Adjusted PB Ratio Comparison

For the Asset Management subindustry, Santumas Shareholdings'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.


Santumas Shareholdings Cyclically Adjusted PB Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Santumas Shareholdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


MAL:STS
57GF Score
Santumas Shareholdings PLC MAL:STS
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Santumas Shareholdings 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.

Santumas Shareholdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.22/1.85
=0.66

* 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.

Santumas Shareholdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Apr25 is calculated as:

For example, Santumas Shareholdings's adjusted Book Value per Share data for the fiscal year that ended in Apr25 was:

Adj_Book=Book Value per Share/CPI of Apr25 (Change)*Current CPI (Apr25)
=1.938/320.7950*320.7950
=1.938

Current CPI (Apr25) = 320.7950.

Santumas Shareholdings Annual Data

Book Value per Share CPI Adj_Book
201604 1.277 239.261 1.712
201704 1.483 244.524 1.946
201804 1.554 250.546 1.990
201904 1.635 255.548 2.052
202004 1.523 256.389 1.906
202104 1.536 267.054 1.845
202204 1.485 289.109 1.648
202304 1.587 303.363 1.678
202404 1.746 313.548 1.786
202504 1.938 320.795 1.938

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 0.66 mean?
Santumas Shareholdings (MAL:STS) has a Cyclically Adjusted PB Ratio of 0.66 as of Jul. 21, 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 Santumas Shareholdings and its competitors. This is 15% below median its historical median of 0.78. Over the past decade, Santumas Shareholdings' Cyclically Adjusted PB Ratio has ranged from 0.54 to 1.18. According to the industry distribution chart, Santumas Shareholdings ranks #348 out of 1001 companies in the Asset Management industry, placing it in the top 34.8%.
Is Santumas Shareholdings' Cyclically Adjusted PB Ratio too high?
Santumas Shareholdings' current Cyclically Adjusted PB Ratio of 0.66 is 15% below median its 10-year median of 0.78. Over the past 10 years, this metric has ranged from a low of 0.54 to a high of 1.18. The Asset Management industry median Cyclically Adjusted PB Ratio is 0.84. Santumas Shareholdings' value of 0.66 is 21.4% below this industry median. Based on the distribution chart, Santumas Shareholdings ranks #348 out of 1001 companies in the Asset Management industry, which is above the industry midpoint. Overall, Santumas Shareholdings has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Santumas Shareholdings' Cyclically Adjusted PB Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Santumas Shareholdings ranks #348 out of 1001 companies for Cyclically Adjusted PB Ratio. This puts Santumas Shareholdings in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.84. Santumas Shareholdings' value of 0.66 is 21.4% below this benchmark. Historically, Santumas Shareholdings' own Cyclically Adjusted PB Ratio has ranged from 0.54 to 1.18 over the past decade. While the company's 10-year median is 0.78 vs. the industry median of 0.84, Santumas Shareholdings 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 Asset Management company?
The median Cyclically Adjusted PB Ratio among Asset Management companies is 0.84, based on 1,001 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. Santumas Shareholdings's current Cyclically Adjusted PB Ratio of 0.66 is 21.4% 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 Santumas Shareholdings and its competitors. For the Asset Management industry, the median Cyclically Adjusted PB Ratio is 0.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Santumas Shareholdings's current Cyclically Adjusted PB Ratio is 0.66, which is 15% below median its own 10-year median of 0.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Santumas Shareholdings stock overvalued right now?
Based on GuruFocus' analysis, Santumas Shareholdings (MAL:STS) is currently considered Modestly Undervalued. The stock's GF Value™ is €1.39, compared to a current price of €1.22 — trading 12.2% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.66, which is 15% below median its 10-year median of 0.78 and 21.4% below the Asset Management industry median of 0.84. Santumas Shareholdings' overall GF Score™ is 57/100 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 Santumas Shareholdings (MAL:STS), the current Cyclically Adjusted PB Ratio is 0.66 as of Jul. 21, 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 Santumas Shareholdings (MAL:STS) Overvalued in 2026?

Based on GuruFocus' analysis, Santumas Shareholdings stock appears to be undervalued. The current stock price of €1.22 is trading 12.2% below its estimated GF Value™ of €1.39. GuruFocus considers Santumas Shareholdings to be Modestly Undervalued.

Key valuation signals for MAL:STS:

  • Cyclically Adjusted PB Ratio: 0.66 (15% below median its 10-year median of 0.78)
  • GF Value™: €1.39 vs. price of €1.22 (12.2% below fair value)
  • GF Score™: 57/100 with 1 warning sign
  • Industry Position: 21.4% below the Asset Management median (#348 of 1001)

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


Santumas Shareholdings Business Description

Address 9 Old Bakery Street, Britannia House 1, Valletta, MLT, VLT 1450
Santumas Shareholdings PLC is a Maltese company which is engaged in investment activities in the form of a listed property company.
57GF Score

Get the complete analysis for MAL:STS

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

€1.22
Price
€1.39
GF Value