Scout24 SE (MIL:1G24) Cyclically Adjusted PB Ratio: (As of Aug. 10, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MIL:1G24 Scout24 SE MIL:1G24
53 GF Score
Price €73.60
GF Value €159.00
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Scout24 SE Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Scout24 SE  (MIL:1G24) 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.


Scout24 SE Cyclically Adjusted PB Ratio Related Terms


Scout24 SE Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Scout24 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.

Scout24 SE Cyclically Adjusted PB Ratio Chart

Scout24 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 0.00 0.00 0.00 0.00 0.00

Scout24 SE Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 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 0.00 0.00 0.00 3.71 0.00

MIL:1G24 vs GOOGL, META, SPOT: Cyclically Adjusted PB Ratio Comparison

For the Internet Content & Information subindustry, Scout24 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.


Scout24 SE Cyclically Adjusted PB Ratio vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Scout24 SE's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Scout24 SE's Cyclically Adjusted PB Ratio falls into.


MIL:1G24
53GF Score
Scout24 SE MIL:1G24
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Scout24 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.

Scout24 SE's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Scout24 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)
=16.448/131.3638*131.3638
=16.448

Current CPI (Jun. 2026) = 131.3638.

Scout24 SE Quarterly Data

Book Value per Share CPI Adj_Book
201503 0.000 99.717 0.000
201506 6.317 100.417 8.264
201509 6.470 100.417 8.464
201512 8.556 99.717 11.271
201603 8.685 100.017 11.407
201606 8.853 100.717 11.547
201609 9.051 101.017 11.770
201612 9.209 101.217 11.952
201703 9.441 101.417 12.229
201706 9.429 102.117 12.130
201709 9.699 102.717 12.404
201712 9.902 102.617 12.676
201803 10.209 102.917 13.031
201806 9.987 104.017 12.613
201809 10.325 104.718 12.952
201812 10.897 104.217 13.735
201903 11.142 104.217 14.044
201906 11.380 105.718 14.141
201909 10.822 106.018 13.409
201912 10.022 105.818 12.441
202003 10.311 105.718 12.812
202006 30.184 106.618 37.190
202009 29.913 105.818 37.135
202012 28.761 105.518 35.806
202103 29.009 107.518 35.443
202106 22.332 108.486 27.041
202112 21.844 110.384 25.996
202206 20.237 115.760 22.965
202212 18.334 119.345 20.180
202306 18.151 123.140 19.363
202312 19.661 123.773 20.867
202406 19.037 125.882 19.866
202409 0.000 126.198 0.000
202412 19.729 127.041 20.400
202503 0.000 127.779 0.000
202506 18.354 128.412 18.776
202509 19.996 129.255 20.322
202512 20.702 129.361 21.023
202603 20.334 131.258 20.350
202606 16.448 131.364 16.448

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 Scout24 SE (MIL:1G24) Overvalued in 2026?

Based on GuruFocus' analysis, Scout24 SE stock appears to be undervalued. The current stock price of €73.60 is trading 53.7% below its estimated GF Value™ of €159.00. GuruFocus considers Scout24 SE to be Significantly Undervalued.

Key valuation signals for MIL:1G24:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €159.00 vs. price of €73.60 (53.7% below fair value)
  • GF Score™: 53/100 with 1 warning sign

No single metric tells the full story. See the MIL:1G24 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Scout24 SE Business Description

Address Invalidenstrasse 65, Berlin, BY, DEU, 10557
Scout24 SE is a German digital company that operates a digital marketplace, ImmoScout24, for residential and business real estate. In addition, it offers software solutions for real estate valuations to banks and the real estate sector. Through ImmoScout24, the company is engaged in developing new products and building a digital ecosystem for rentals, purchases, and commercial real estate in Germany and Austria. It has different brands offering digital services in the real estate industry, such as FlowFact, Vermietet.de, Immoverkauf24, Propstack, BauFi, and others. Its operating segments are Professional, which generates maximum revenue by offering digital real estate products to its professional clients, and Private. Geographically, the group derives its key revenue from Germany.
53GF Score

Get the complete analysis for MIL:1G24

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

€73.60
Price
€159.00
GF Value