Aeffe SpA (MIL:AEF) Cyclically Adjusted PB Ratio: 0.11 (As of Jul. 14, 2026)

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MIL:AEF Aeffe SpA MIL:AEF
28 GF Score
Price €0.16
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What is Aeffe SpA Cyclically Adjusted PB Ratio?

Aeffe SpA MIL:AEF +3.48% 28 Cyclically Adjusted PB Ratio is 0.11 as of Jul. 14, 2026. GuruFocus rates MIL:AEF with a GF Score™ of 28/100. Among 879 Manufacturing - Apparel & Accessories companies, Aeffe SpA ranks better than 97.04% on this metric.

As of today (2026-07-14), Aeffe SpA's current share price is €0.1635. Aeffe SpA's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2025 was €1.52. Aeffe SpA's Cyclically Adjusted PB Ratio for today is 0.11.

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

MIL:AEF's Cyclically Adjusted PB Ratio is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 0.99
* Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.

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.

Aeffe SpA's adjusted book value per share data for the three months ended in Jun. 2025 was €0.723. 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 €1.52 for the trailing ten years ended in Jun. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aeffe SpA  (MIL:AEF) 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.


Aeffe SpA Cyclically Adjusted PB Ratio Related Terms


Aeffe SpA Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Aeffe SpA'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.

Aeffe SpA Cyclically Adjusted PB Ratio Chart

Aeffe SpA 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 0.77 1.85 0.76 0.58 0.56

Aeffe SpA Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25
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 0.49 0.48 0.56 0.43 0.33

MIL:AEF vs RL, LEVI, VFC: Cyclically Adjusted PB Ratio Comparison

For the Apparel Manufacturing subindustry, Aeffe SpA'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.


Aeffe SpA Cyclically Adjusted PB Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Aeffe SpA's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


MIL:AEF
28GF Score
Aeffe SpA MIL:AEF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Aeffe SpA 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.

Aeffe SpA's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.1635/1.52
=0.11

* 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.

Aeffe SpA's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2025 is calculated as:

For example, Aeffe SpA's adjusted Book Value per Share data for the three months ended in Jun. 2025 was:

Adj_Book=Book Value per Share/CPI of Jun. 2025 (Change)*Current CPI (Jun. 2025)
=0.723/122.7000*122.7000
=0.723

Current CPI (Jun. 2025) = 122.7000.

Aeffe SpA Quarterly Data

Book Value per Share CPI Adj_Book
201509 1.296 100.000 1.590
201512 1.298 99.814 1.596
201603 1.349 99.600 1.662
201606 1.305 99.900 1.603
201609 1.342 100.100 1.645
201612 1.338 100.300 1.637
201703 1.414 101.000 1.718
201706 1.377 101.100 1.671
201709 1.447 101.200 1.754
201712 1.440 101.200 1.746
201803 1.551 101.800 1.869
201806 1.531 102.400 1.835
201809 1.606 102.600 1.921
201812 1.622 102.300 1.945
201903 1.702 102.800 2.031
201906 1.634 103.100 1.945
201909 1.717 102.900 2.047
201912 1.694 102.800 2.022
202003 1.694 102.900 2.020
202006 1.595 102.900 1.902
202009 1.577 102.300 1.891
202012 1.480 102.600 1.770
202103 1.527 103.700 1.807
202106 1.620 104.200 1.908
202109 1.316 104.900 1.539
202112 1.206 106.600 1.388
202203 1.297 110.400 1.442
202206 1.235 112.500 1.347
202209 1.257 114.200 1.351
202212 1.116 119.000 1.151
202303 1.115 118.800 1.152
202306 1.006 119.700 1.031
202309 0.939 120.300 0.958
202312 0.804 119.700 0.824
202403 0.746 120.200 0.762
202406 0.595 120.700 0.605
202409 1.160 121.200 1.174
202412 0.994 121.200 1.006
202503 0.904 122.500 0.905
202506 0.723 122.700 0.723

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 0.11 mean?
Aeffe SpA (MIL:AEF) has a Cyclically Adjusted PB Ratio of 0.11 as of Jul. 14, 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 Aeffe SpA and its competitors. According to the industry distribution chart, Aeffe SpA ranks #26 out of 879 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 3%.
Is Aeffe SpA's Cyclically Adjusted PB Ratio too high?
Aeffe SpA's current Cyclically Adjusted PB Ratio is 0.11. The Manufacturing - Apparel & Accessories industry median Cyclically Adjusted PB Ratio is 0.99. Aeffe SpA's value of 0.11 is 88.9% below this industry median. Based on the distribution chart, Aeffe SpA ranks #26 out of 879 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Aeffe SpA has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does Aeffe SpA's Cyclically Adjusted PB Ratio compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Aeffe SpA ranks #26 out of 879 companies for Cyclically Adjusted PB Ratio. This places Aeffe SpA in the top 3% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 0.99. Aeffe SpA's value of 0.11 is 88.9% below this benchmark. 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 Manufacturing - Apparel & Accessories company?
The median Cyclically Adjusted PB Ratio among Manufacturing - Apparel & Accessories companies is 0.99, based on 879 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. Aeffe SpA's current Cyclically Adjusted PB Ratio of 0.11 is 88.9% 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 Aeffe SpA and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Cyclically Adjusted PB Ratio is 0.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aeffe SpA's current Cyclically Adjusted PB Ratio is 0.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aeffe SpA stock overvalued right now?
Aeffe SpA (MIL:AEF) has a current Cyclically Adjusted PB Ratio of 0.11. The current Cyclically Adjusted PB Ratio is 0.11 and 88.9% below the Manufacturing - Apparel & Accessories industry median of 0.99. Aeffe SpA's overall GF Score™ is 28/100. 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 Aeffe SpA (MIL:AEF), the current Cyclically Adjusted PB Ratio is 0.11 as of Jul. 14, 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.

Aeffe SpA Business Description

Other Exchanges 0GY8:UK3A1:Germany
Address Via Delle Querce, 51, San Giovanni in Marignano, Rimini, ITA, 47842
Aeffe SpA is an Italian company engaged in the designing, production, and distribution of fashion and luxury goods. The business activity of the firm is operated through two segments. The Pret-a Porter segment is engaged in the development of luxury ready-to-wear clothing and lingerie, beachwear, and loungewear collections. The Footwear and leather goods segment handles footwear, small leather goods, bags, and matching accessories made from exclusive materials. The products are offered under the brands like Alberta Ferretti, Philosophy, Moschino, and Pollini. Its geographical segments are Italy, Europe (excluding Italy), Asia and the rest of the world, and America. It earns majority of the revenue from Italy followed by Europe and Asia and Rest of the World.
28GF Score

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

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