DDM Holding AG (OSTO:DDM) Cyclically Adjusted PB Ratio: 1.18 (As of Sep. 07, 2026) — Near Median

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OSTO:DDM DDM Holding AG OSTO:DDM
12 GF Score
Price kr23.00
GF Value kr25.89
! 8 Warning Signs
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What is DDM Holding AG Cyclically Adjusted PB Ratio?

DDM Holding AG OSTO:DDM 12 Cyclically Adjusted PB Ratio is 1.18 as of Sep. 07, 2026, which is at its 10-year median of 1.18. GuruFocus rates OSTO:DDM with a GF Score™ of 12/100 and a GF Value™ of kr25.89. The stock has 8 warning signs investors should review.

As of today (2026-09-07), DDM Holding AG's current share price is kr23.00. DDM Holding AG's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was kr19.45. DDM Holding AG's Cyclically Adjusted PB Ratio for today is 1.18.

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

OSTO:DDM' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.43   Med: 1.18   Max: 1.35
Current: 1.18

During the past years, DDM Holding AG's highest Cyclically Adjusted PB Ratio was 1.35. The lowest was 0.43. And the median was 1.18.

OSTO:DDM's Cyclically Adjusted PB Ratio is not ranked
in the Asset Management industry.
Industry Median: 0.84 vs OSTO:DDM: 1.18

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.

DDM Holding AG's adjusted book value per share data for the three months ended in Dec. 2025 was kr24.280. 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 kr19.45 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


DDM Holding AG  (OSTO:DDM) 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.


DDM Holding AG Cyclically Adjusted PB Ratio Related Terms


DDM Holding AG Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for DDM Holding AG'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.

DDM Holding AG Cyclically Adjusted PB Ratio Chart

DDM Holding AG 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 1.15 1.23 1.18

DDM Holding AG Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 1.23 1.23 1.22 1.20 1.18

OSTO:DDM vs BLK, BX, KKR: Cyclically Adjusted PB Ratio Comparison

For the Asset Management subindustry, DDM Holding AG'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.


DDM Holding AG Cyclically Adjusted PB Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, DDM Holding AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where DDM Holding AG's Cyclically Adjusted PB Ratio falls into.


OSTO:DDM
12GF Score
DDM Holding AG OSTO:DDM
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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DDM Holding AG 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.

DDM Holding AG's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=23.00/19.45
=1.18

* 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.

DDM Holding AG's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, DDM Holding AG's adjusted Book Value per Share data for the three months ended in Dec. 2025 was:

Adj_Book=Book Value per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=24.28/107.2000*107.2000
=24.280

Current CPI (Dec. 2025) = 107.2000.

DDM Holding AG Quarterly Data

Book Value per Share CPI Adj_Book
201603 9.778 99.475 10.537
201606 13.293 100.088 14.238
201609 17.363 99.604 18.687
201612 19.765 99.380 21.320
201703 19.538 100.040 20.936
201706 20.489 100.285 21.902
201709 20.578 100.254 22.004
201712 22.643 100.213 24.222
201803 23.909 100.836 25.418
201806 24.935 101.435 26.352
201809 24.874 101.246 26.337
201812 27.161 100.906 28.855
201903 27.768 101.571 29.307
201906 24.895 102.044 26.153
201909 23.888 101.396 25.255
201912 24.493 101.063 25.980
202003 25.291 101.048 26.831
202006 23.820 100.743 25.347
202009 29.157 100.585 31.075
202012 32.499 100.241 34.755
202103 33.012 100.800 35.108
202106 29.432 101.352 31.130
202109 27.549 101.533 29.087
202112 25.684 101.776 27.053
202203 24.951 103.205 25.917
202206 21.895 104.783 22.400
202209 22.701 104.835 23.213
202212 7.849 104.666 8.039
202303 23.242 106.245 23.451
202306 18.409 106.576 18.517
202309 0.236 106.570 0.237
202312 -3.282 106.461 -3.305
202403 -5.094 107.355 -5.087
202406 -5.279 107.991 -5.240
202409 -7.380 107.468 -7.362
202412 7.912 107.128 7.917
202503 7.874 107.722 7.836
202506 6.435 108.075 6.383
202509 22.937 107.710 22.828
202512 24.280 107.200 24.280

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 1.18 mean?
DDM Holding AG (OSTO:DDM) has a Cyclically Adjusted PB Ratio of 1.18 as of Sep. 07, 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 DDM Holding AG and its competitors. This is near median its historical median of 1.18. Over the past decade, DDM Holding AG's Cyclically Adjusted PB Ratio has ranged from 0.43 to 1.35.
Is DDM Holding AG's Cyclically Adjusted PB Ratio too high?
DDM Holding AG's current Cyclically Adjusted PB Ratio of 1.18 is near median its 10-year median of 1.18. Over the past 10 years, this metric has ranged from a low of 0.43 to a high of 1.35. The Asset Management industry median Cyclically Adjusted PB Ratio is 0.84. DDM Holding AG's value of 1.18 is 40.5% above this industry median. Overall, DDM Holding AG has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does DDM Holding AG's Cyclically Adjusted PB Ratio compare to BLK and BX?
DDM Holding AG's Cyclically Adjusted PB Ratio of 1.18 can be compared against companies in the Asset Management industry. The industry median Cyclically Adjusted PB Ratio is 0.84. DDM Holding AG's value of 1.18 is 40.5% above this benchmark. Historically, DDM Holding AG's own Cyclically Adjusted PB Ratio has ranged from 0.43 to 1.35 over the past decade. While the company's 10-year median is 1.18 vs. the industry median of 0.84, DDM Holding AG 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 Asset Management company?
The median Cyclically Adjusted PB Ratio among Asset Management companies is 0.84, based on 970 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. DDM Holding AG's current Cyclically Adjusted PB Ratio of 1.18 is 40.5% 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 DDM Holding AG and its competitors. For the Asset Management industry, the median Cyclically Adjusted PB Ratio is 0.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DDM Holding AG's current Cyclically Adjusted PB Ratio is 1.18, which is near median its own 10-year median of 1.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DDM Holding AG stock overvalued right now?
DDM Holding AG (OSTO:DDM) has a current Cyclically Adjusted PB Ratio of 1.18. The stock's GF Value™ is kr25.89, compared to a current price of kr23.00 — trading 11.2% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.18, which is near median its 10-year median of 1.18 and 40.5% above the Asset Management industry median of 0.84. DDM Holding AG's overall GF Score™ is 12/100 with 8 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 DDM Holding AG (OSTO:DDM), the current Cyclically Adjusted PB Ratio is 1.18 as of Sep. 07, 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 DDM Holding AG (OSTO:DDM) Overvalued in 2026?

Based on GuruFocus' analysis, DDM Holding AG stock appears to be undervalued. The current stock price of kr23.00 is trading 11.2% below its estimated GF Value™ of kr25.89.

Key valuation signals for OSTO:DDM:

  • Cyclically Adjusted PB Ratio: 1.18 (near median its 10-year median of 1.18)
  • GF Value™: kr25.89 vs. price of kr23.00 (11.2% below fair value)
  • GF Score™: 12/100 with 8 warning signs
  • Industry Position: 40.5% above the Asset Management median

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


DDM Holding AG Business Description

Address Landis & Gyr Strasse 1, Zug, CHE, 6300
DDM Holding AG is a Swiss company investing and managing non-performing loans and special situations. It invests in corporate and consumer-secured portfolios in Southern, Central, and Eastern Europe, and also unsecured portfolios. It has invested in assets originating from Greece, Croatia, Serbia, Bosnia, Romania, Hungary, Russia, the Czech Republic, Slovakia, and Slovenia.
12GF 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.

kr23.00
Price
kr25.89
GF Value