Dassault Systemes SE (MEX:DSY N) Cyclically Adjusted PB Ratio: 3.37 (As of Aug. 18, 2026) — 66% Below Median

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MEX:DSY N Dassault Systemes SE MEX:DSY N
90 GF Score
Price MXN352.10
GF Value MXN551.70
! 2 Warning Signs
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What is Dassault Systemes SE Cyclically Adjusted PB Ratio?

Dassault Systemes SE MEX:DSY N 90 Cyclically Adjusted PB Ratio is 3.37 as of Aug. 18, 2026, which is 66% below its 10-year median of 9.84. GuruFocus rates MEX:DSY N with a GF Score™ of 90/100 and a GF Value™ of MXN551.70. The stock has 2 warning signs investors should review. Among 1,548 Software companies, Dassault Systemes SE ranks worse than 68.6% on this metric.

As of today (2026-08-18), Dassault Systemes SE's current share price is MXN352.10. Dassault Systemes SE's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was MXN104.55. Dassault Systemes SE's Cyclically Adjusted PB Ratio for today is 3.37.

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

MEX:DSY N' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.27   Med: 9.84   Max: 18.25
Current: 4.1

During the past years, Dassault Systemes SE's highest Cyclically Adjusted PB Ratio was 18.25. The lowest was 3.27. And the median was 9.84.

MEX:DSY N's Cyclically Adjusted PB Ratio is ranked worse than
68.6% of 1548 companies
in the Software industry
Industry Median: 2.34 vs MEX:DSY N: 4.10

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.

Dassault Systemes SE's adjusted book value per share data for the three months ended in Jun. 2026 was MXN142.551. 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 MXN104.55 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dassault Systemes SE  (MEX:DSY N) 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.


Dassault Systemes SE Cyclically Adjusted PB Ratio Related Terms


Dassault Systemes SE Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Dassault Systemes SE'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.

Dassault Systemes SE Cyclically Adjusted PB Ratio Chart

Dassault Systemes SE 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 16.46 9.03 10.56 7.25 4.77

Dassault Systemes SE Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 6.34 5.80 4.77 3.35 3.37

MEX:DSY N vs QH, SHOP, UBER: Cyclically Adjusted PB Ratio Comparison

For the Software - Application subindustry, Dassault Systemes SE'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.


Dassault Systemes SE Cyclically Adjusted PB Ratio vs Software Industry

For the Software industry and Technology sector, Dassault Systemes SE's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


MEX:DSY N
90GF Score
Dassault Systemes SE MEX:DSY N
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Dassault Systemes SE 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.

Dassault Systemes SE's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=352.10/104.55
=3.37

* 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.

Dassault Systemes SE's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Dassault Systemes SE's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=142.551/123.5100*123.5100
=142.551

Current CPI (Jun. 2026) = 123.5100.

Dassault Systemes SE Quarterly Data

Book Value per Share CPI Adj_Book
201609 62.200 100.340 76.563
201612 66.201 100.650 81.237
201703 62.285 101.170 76.039
201706 60.844 101.320 74.169
201709 64.145 101.330 78.186
201712 72.518 101.850 87.940
201803 71.278 102.750 85.679
201806 79.115 103.370 94.529
201809 72.927 103.560 86.976
201812 78.809 103.470 94.073
201903 81.751 103.890 97.190
201906 80.093 104.580 94.591
201909 86.779 104.500 102.565
201912 84.137 104.980 98.988
202003 108.359 104.590 127.961
202006 105.890 104.790 124.807
202009 102.802 104.550 121.445
202012 93.828 104.960 110.411
202103 103.922 105.750 121.375
202106 102.216 106.340 118.720
202109 110.346 106.810 127.599
202112 109.646 107.850 125.567
202203 110.473 110.490 123.491
202206 113.261 112.550 124.290
202209 118.352 112.740 129.658
202212 114.911 114.160 124.323
202303 109.663 116.790 115.973
202306 105.368 117.650 110.616
202309 110.172 118.260 115.063
202312 110.295 118.390 115.065
202403 113.078 119.470 116.902
202406 122.517 120.200 125.891
202409 133.492 119.560 137.902
202412 150.822 119.950 155.298
202503 150.969 120.380 154.894
202506 134.665 121.360 137.051
202509 135.851 120.950 138.726
202512 140.369 120.900 143.399
202603 146.490 122.420 147.794
202606 142.551 123.510 142.551

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 3.37 mean?
Dassault Systemes SE (MEX:DSY N) has a Cyclically Adjusted PB Ratio of 3.37 as of Aug. 18, 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 Dassault Systemes SE and its competitors. This is 66% below median its historical median of 9.84. Over the past decade, Dassault Systemes SE's Cyclically Adjusted PB Ratio has ranged from 3.27 to 18.25. According to the industry distribution chart, Dassault Systemes SE ranks #1062 out of 1548 companies in the Software industry, placing it in the top 68.6%.
Is Dassault Systemes SE's Cyclically Adjusted PB Ratio too high?
Dassault Systemes SE's current Cyclically Adjusted PB Ratio of 3.37 is 66% below median its 10-year median of 9.84. Over the past 10 years, this metric has ranged from a low of 3.27 to a high of 18.25. The Software industry median Cyclically Adjusted PB Ratio is 2.34. Dassault Systemes SE's value of 3.37 is 44% above this industry median. Based on the distribution chart, Dassault Systemes SE ranks #1062 out of 1548 companies in the Software industry, which is below the industry midpoint. Overall, Dassault Systemes SE has a GF Score™ of 90/100, reflecting its overall financial health beyond just this single metric.
How does Dassault Systemes SE's Cyclically Adjusted PB Ratio compare to QH and SHOP?
According to the Software industry distribution chart, Dassault Systemes SE ranks #1062 out of 1548 companies for Cyclically Adjusted PB Ratio. This places Dassault Systemes SE in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.34. Dassault Systemes SE's value of 3.37 is 44% above this benchmark. Historically, Dassault Systemes SE's own Cyclically Adjusted PB Ratio has ranged from 3.27 to 18.25 over the past decade. While the company's 10-year median is 9.84 vs. the industry median of 2.34, Dassault Systemes SE 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 Software company?
The median Cyclically Adjusted PB Ratio among Software companies is 2.34, based on 1,548 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. Dassault Systemes SE's current Cyclically Adjusted PB Ratio of 3.37 is 44% 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 Dassault Systemes SE and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dassault Systemes SE's current Cyclically Adjusted PB Ratio is 3.37, which is 66% below median its own 10-year median of 9.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dassault Systemes SE stock overvalued right now?
Dassault Systemes SE (MEX:DSY N) has a current Cyclically Adjusted PB Ratio of 3.37. The stock's GF Value™ is MXN551.70, compared to a current price of MXN352.10 — trading 36.2% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.37, which is 66% below median its 10-year median of 9.84 and 44% above the Software industry median of 2.34. Dassault Systemes SE's overall GF Score™ is 90/100 with 2 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 Dassault Systemes SE (MEX:DSY N), the current Cyclically Adjusted PB Ratio is 3.37 as of Aug. 18, 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 Dassault Systemes SE (MEX:DSY N) Overvalued in 2026?

Based on GuruFocus' analysis, Dassault Systemes SE stock appears to be undervalued. The current stock price of MXN352.10 is trading 36.2% below its estimated GF Value™ of MXN551.70.

Key valuation signals for MEX:DSY N:

  • Cyclically Adjusted PB Ratio: 3.37 (66% below median its 10-year median of 9.84)
  • GF Value™: MXN551.70 vs. price of MXN352.10 (36.2% below fair value)
  • GF Score™: 90/100 with 2 warning signs
  • Industry Position: 44% above the Software median (#1062 of 1548)

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


Dassault Systemes SE Business Description

Address 10, Rue Marcel Dassault, Velizy-Villacoublay, FRA, 78140
Dassault Systèmes is a leading provider of computer-assisted design and product lifecycle management software, serving customers like Boeing and Volkswagen throughout the production process. The company's flagship product, Catia, primarily serves the transportation, industrial equipment, and aerospace and defense industries. In life sciences, Dassault's Medidata cloud platform optimizes clinical trial efficiency and is the leader in electronic data capture.
90GF Score

Get the complete analysis for MEX:DSY N

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

MXN352.10
Price
MXN551.70
GF Value