OHBTF (OHB SE) Cyclically Adjusted PB Ratio: 96.96 (As of Aug. 23, 2026) — 2318% Above Median

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OHBTF OHB SE OHBTF
72 GF Score
Price $294.75
GF Value $104.05
! 5 Warning Signs
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What is OHB SE Cyclically Adjusted PB Ratio?

OHB SE OHBTF +2.10% 72 Cyclically Adjusted PB Ratio is 96.96 as of Aug. 23, 2026, which is 2318% above its 10-year median of 4.01. GuruFocus rates OHBTF with a GF Score™ of 72/100 and a GF Value™ of $104.05. The stock has 5 warning signs investors should review. Among 205 Aerospace & Defense companies, OHB SE ranks worse than 90.24% on this metric.

As of today (2026-08-23), OHB SE's current share price is $294.75. OHB SE's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $3.04. OHB SE's Cyclically Adjusted PB Ratio for today is 96.96.

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

OHBTF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.49   Med: 4.01   Max: 36.34
Current: 13.11

During the past years, OHB SE's highest Cyclically Adjusted PB Ratio was 36.34. The lowest was 2.49. And the median was 4.01.

OHBTF's Cyclically Adjusted PB Ratio is ranked worse than
90.24% of 205 companies
in the Aerospace & Defense industry
Industry Median: 3.38 vs OHBTF: 13.11

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.

OHB SE's adjusted book value per share data for the three months ended in Jun. 2026 was $50.778. 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 $3.04 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


OHB SE  (OTCPK:OHBTF) 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.


OHB SE Cyclically Adjusted PB Ratio Related Terms


OHB SE Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for OHB 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.

OHB SE Cyclically Adjusted PB Ratio Chart

OHB 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 3.59 2.78 3.28 3.32 7.40

OHB 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 4.90 6.92 7.40 16.51 16.83

OHBTF vs SPCX, GE, RTX: Cyclically Adjusted PB Ratio Comparison

For the Aerospace & Defense subindustry, OHB 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.


OHB SE Cyclically Adjusted PB Ratio vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, OHB SE's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


OHBTF
72GF Score
OHB SE OHBTF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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OHB 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=294.75/3.04
=96.96

* 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.

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

For example, OHB 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)
=50.778/131.3638*131.3638
=50.778

Current CPI (Jun. 2026) = 131.3638.

OHB SE Quarterly Data

Book Value per Share CPI Adj_Book
201609 10.743 101.017 13.970
201612 10.065 101.217 13.063
201703 10.710 101.417 13.873
201706 11.250 102.117 14.472
201709 12.294 102.717 15.723
201712 12.563 102.617 16.082
201803 11.705 102.917 14.940
201806 10.916 104.017 13.786
201809 11.697 104.718 14.673
201812 11.405 104.217 14.376
201903 11.606 104.217 14.629
201906 11.471 105.718 14.254
201909 11.456 106.018 14.195
201912 11.414 105.818 14.170
202003 11.540 105.718 14.340
202006 12.288 106.618 15.140
202009 13.167 105.818 16.346
202012 14.157 105.518 17.625
202103 14.349 107.518 17.531
202106 15.012 108.486 18.178
202109 15.087 109.435 18.110
202112 14.820 110.384 17.637
202203 15.259 113.968 17.588
202206 15.201 115.760 17.250
202209 14.778 118.818 16.338
202212 15.947 119.345 17.553
202303 16.735 122.402 17.960
202306 16.702 123.140 17.817
202309 16.764 124.195 17.732
202312 22.911 123.773 24.316
202403 23.093 125.038 24.261
202406 22.906 125.882 23.904
202409 23.649 126.198 24.617
202412 21.349 127.041 22.075
202503 22.334 127.779 22.961
202506 23.513 128.412 24.054
202509 24.675 129.255 25.078
202512 25.905 129.361 26.306
202603 26.156 131.258 26.177
202606 50.778 131.364 50.778

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 96.96 mean?
OHB SE (OHBTF) has a Cyclically Adjusted PB Ratio of 96.96 as of Aug. 23, 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 OHB SE and its competitors. This is 2318% above median its historical median of 4.01. Over the past decade, OHB SE's Cyclically Adjusted PB Ratio has ranged from 2.49 to 36.34. According to the industry distribution chart, OHB SE ranks #185 out of 205 companies in the Aerospace & Defense industry, placing it in the top 90.2%.
Is OHB SE's Cyclically Adjusted PB Ratio too high?
OHB SE's current Cyclically Adjusted PB Ratio of 96.96 is 2318% above median its 10-year median of 4.01. Over the past 10 years, this metric has ranged from a low of 2.49 to a high of 36.34. The Aerospace & Defense industry median Cyclically Adjusted PB Ratio is 3.38. OHB SE's value of 96.96 is 2768.6% above this industry median. Based on the distribution chart, OHB SE ranks #185 out of 205 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers. Overall, OHB SE has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does OHB SE's Cyclically Adjusted PB Ratio compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, OHB SE ranks #185 out of 205 companies for Cyclically Adjusted PB Ratio. This places OHB SE in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 3.38. OHB SE's value of 96.96 is 2768.6% above this benchmark. Historically, OHB SE's own Cyclically Adjusted PB Ratio has ranged from 2.49 to 36.34 over the past decade. While the company's 10-year median is 4.01 vs. the industry median of 3.38, OHB 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 an Aerospace & Defense company?
The median Cyclically Adjusted PB Ratio among Aerospace & Defense companies is 3.38, based on 205 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. OHB SE's current Cyclically Adjusted PB Ratio of 96.96 is 2768.6% 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 OHB SE and its competitors. For the Aerospace & Defense industry, the median Cyclically Adjusted PB Ratio is 3.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. OHB SE's current Cyclically Adjusted PB Ratio is 96.96, which is 2318% above median its own 10-year median of 4.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OHB SE stock overvalued right now?
OHB SE (OHBTF) has a current Cyclically Adjusted PB Ratio of 96.96. The stock's GF Value™ is $104.05, compared to a current price of $294.75 — trading 183.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 96.96, which is 2318% above median its 10-year median of 4.01 and 2768.6% above the Aerospace & Defense industry median of 3.38. OHB SE's overall GF Score™ is 72/100 with 5 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 OHB SE (OHBTF), the current Cyclically Adjusted PB Ratio is 96.96 as of Aug. 23, 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 OHB SE (OHBTF) Overvalued in 2026?

Based on GuruFocus' analysis, OHB SE stock appears to be overvalued. The current stock price of $294.75 is trading 183.3% above its estimated GF Value™ of $104.05.

Key valuation signals for OHBTF:

  • Cyclically Adjusted PB Ratio: 96.96 (2318% above median its 10-year median of 4.01)
  • GF Value™: $104.05 vs. price of $294.75 (183.3% above fair value)
  • GF Score™: 72/100 with 5 warning signs
  • Industry Position: 2768.6% above the Aerospace & Defense median (#185 of 205)

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


OHB SE Business Description

Address Manfred-Fuchs-Platz 2-4, Bremen, NI, DEU, 28359
OHB SE is engaged in the production and distribution of and projects as well as the provision of high-technology services particularly in the areas of space and aeronautic technology, telematics, and satellite services. Its segments are the Space Systems segment concentrates on developing and executing space projects; The Access To Space segment assembles and develops aviation and space products as well as other industrial activities; The Digital segment offers a wide range of service activities including satellite operations, IT application based on satellite data for maritime and rail logistics or autonomous mobility as well as the procurement of rocket launches and the provision of IT services. The Space Systems segment derives majority of revenue.
72GF Score

Get the complete analysis for OHBTF

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

$294.75
Price
$104.05
GF Value