GURUFOCUS.COM » STOCK LIST » Technology » Software » SAP SE (MEX:SAP N) » Definitions » Cyclically Adjusted PB Ratio

SAP SE (MEX:SAP N) Cyclically Adjusted PB Ratio : 7.84 (As of Jun. 25, 2025)


View and export this data going back to 1988. Start your Free Trial

What is SAP SE Cyclically Adjusted PB Ratio?

As of today (2025-06-25), SAP SE's current share price is MXN5583.26. SAP SE's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was MXN711.99. SAP SE's Cyclically Adjusted PB Ratio for today is 7.84.

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

MEX:SAP N' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.41   Med: 6.54   Max: 8.98
Current: 8.12

During the past years, SAP SE's highest Cyclically Adjusted PB Ratio was 8.98. The lowest was 3.41. And the median was 6.54.

MEX:SAP N's Cyclically Adjusted PB Ratio is ranked worse than
82.8% of 1494 companies
in the Software industry
Industry Median: 2.7 vs MEX:SAP N: 8.12

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.

SAP SE's adjusted book value per share data for the three months ended in Mar. 2025 was MXN866.658. 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 MXN711.99 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


SAP SE Cyclically Adjusted PB Ratio Historical Data

The historical data trend for SAP 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.

* Premium members only.

SAP SE Cyclically Adjusted PB Ratio Chart

SAP SE Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.77 5.84 3.81 4.94 7.66

SAP SE Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 6.21 6.38 6.77 7.66 7.78

Competitive Comparison of SAP SE's Cyclically Adjusted PB Ratio

For the Software - Application subindustry, SAP 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.


SAP SE's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

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


;
;

SAP 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5583.26/711.99
=7.84

* 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.

SAP SE's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, SAP SE's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=866.658/127.7792*127.7792
=866.658

Current CPI (Mar. 2025) = 127.7792.

SAP SE Quarterly Data

Book Value per Share CPI Adj_Book
201506 306.040 100.417 389.433
201509 341.356 100.417 434.372
201512 363.798 99.717 466.179
201603 366.235 100.017 467.894
201606 397.791 100.717 504.677
201609 429.845 101.017 543.724
201612 478.567 101.217 604.157
201703 449.189 101.417 565.951
201706 415.446 102.117 519.848
201709 441.689 102.717 549.457
201712 496.310 102.617 618.007
201803 481.609 102.917 597.953
201806 496.449 104.017 609.859
201809 493.042 104.718 601.624
201812 539.560 104.217 661.545
201903 535.769 104.217 656.897
201906 501.546 105.718 606.211
201909 549.345 106.018 662.105
201912 539.773 105.818 651.799
202003 666.310 105.718 805.358
202006 631.123 106.618 756.388
202009 643.872 105.818 777.503
202012 609.635 105.518 738.253
202103 692.296 107.518 822.756
202106 663.431 108.486 781.417
202109 721.937 109.435 842.955
202112 763.492 110.384 883.813
202203 740.813 113.968 830.588
202206 724.468 115.760 799.686
202209 732.904 118.818 788.181
202212 711.105 119.345 761.360
202303 665.548 122.402 694.784
202306 666.074 123.140 691.166
202309 684.194 124.195 703.942
202312 684.410 123.773 706.563
202403 666.195 125.038 680.799
202406 704.145 125.882 714.760
202409 772.029 126.198 781.703
202412 850.632 127.041 855.573
202503 866.658 127.779 866.658

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.


SAP SE  (MEX:SAP 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.


SAP SE Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of SAP SE's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


SAP SE Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » SAP SE (MEX:SAP N) » Definitions » Cyclically Adjusted PB Ratio
Address
Dietmar-Hopp-Allee 16, Walldorf, BW, DEU, 69190
Founded in Germany in 1972 by former IBM employees, SAP is the world's largest provider of enterprise application software. Known as the leader in enterprise resource planning software, SAP's portfolio also includes software for supply chain management, procurement, travel and expense management, and customer relationship management, among others. The company operates in more than 180 countries and has more than 400,000 customers, approximately 80% of which are small to medium-size enterprises.

SAP SE Headlines

No Headlines