CTS Eventim AG. KGaA (MIL:1EVD) Cyclically Adjusted PB Ratio: (As of Sep. 20, 2026)

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MIL:1EVD CTS Eventim AG & Co. KGaA MIL:1EVD
60 GF Score
Price €55.90
GF Value €96.64
Valuation Significantly Undervalued
! 3 Warning Signs
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What is CTS Eventim AG. KGaA Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


CTS Eventim AG. KGaA  (MIL:1EVD) 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.


CTS Eventim AG. KGaA Cyclically Adjusted PB Ratio Related Terms


CTS Eventim AG. KGaA Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for CTS Eventim AG. KGaA'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.

CTS Eventim AG. KGaA Cyclically Adjusted PB Ratio Chart

CTS Eventim AG. KGaA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
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CTS Eventim AG. KGaA 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 - - - 6.15 6.08

MIL:1EVD vs NFLX, DIS, WBD: Cyclically Adjusted PB Ratio Comparison

For the Entertainment subindustry, CTS Eventim AG. KGaA'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.


CTS Eventim AG. KGaA Cyclically Adjusted PB Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, CTS Eventim AG. KGaA's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


MIL:1EVD
60GF Score
CTS Eventim AG & Co. KGaA MIL:1EVD
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CTS Eventim AG. KGaA 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.

CTS Eventim AG. KGaA's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, CTS Eventim AG. KGaA'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)
=12.59/131.3638*131.3638
=12.590

Current CPI (Jun. 2026) = 131.3638.

CTS Eventim AG. KGaA Quarterly Data

Book Value per Share CPI Adj_Book
201609 3.527 101.017 4.587
201612 4.011 101.217 5.206
201703 4.299 101.417 5.568
201706 3.471 102.117 4.465
201709 3.609 102.717 4.616
201712 4.102 102.617 5.251
201803 4.433 102.917 5.658
201806 4.070 104.017 5.140
201809 4.338 104.718 5.442
201812 4.910 104.217 6.189
201903 5.192 104.217 6.544
201906 4.786 105.718 5.947
201909 5.090 106.018 6.307
201912 5.730 105.818 7.113
202003 5.834 105.718 7.249
202006 5.277 106.618 6.502
202009 5.019 105.818 6.231
202012 5.063 105.518 6.303
202103 4.771 107.518 5.829
202106 5.344 108.486 6.471
202109 5.423 109.435 6.510
202112 6.103 110.384 7.263
202203 6.208 113.968 7.156
202206 6.973 115.760 7.913
202209 7.917 118.818 8.753
202212 8.723 119.345 9.601
202303 9.518 122.402 10.215
202306 8.759 123.140 9.344
202309 9.986 124.195 10.562
202312 10.569 123.773 11.217
202403 11.143 125.038 11.707
202406 10.261 125.882 10.708
202409 10.979 126.198 11.428
202412 12.319 127.041 12.738
202503 13.072 127.779 13.439
202506 11.445 128.412 11.708
202509 11.783 129.255 11.975
202512 12.928 129.361 13.128
202603 13.680 131.258 13.691
202606 12.590 131.364 12.590

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.

Is CTS Eventim AG. KGaA (MIL:1EVD) Overvalued in 2026?

Based on GuruFocus' analysis, CTS Eventim AG. KGaA stock appears to be undervalued. The current stock price of €55.90 is trading 42.2% below its estimated GF Value™ of €96.64. GuruFocus considers CTS Eventim AG. KGaA to be Significantly Undervalued.

Key valuation signals for MIL:1EVD:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €96.64 vs. price of €55.90 (42.2% below fair value)
  • GF Score™: 60/100 with 3 warning signs

No single metric tells the full story. See the MIL:1EVD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CTS Eventim AG. KGaA Business Description

Address Hohe Bleichen 11, Hamburg, HB, DEU, 20354
CTS Eventim AG & Co. KGaA is a diversified media company that focuses on ticketing and live entertainment. The business is divided into two segments: ticketing and live entertainment. The ticketing segment produces, sells, and distributes tickets for a variety of leisure-based events. The company sells tickets for concerts, sports, and theater events, and provides travel services as well. The live entertainment business segment plans and organizes tour events, largely for music-based concerts. The company generates the vast majority of its revenue in Germany.
60GF Score

Get the complete analysis for MIL:1EVD

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

€55.90
Price
€96.64
GF Value