RPYTF (Reply SpA) Cyclically Adjusted PB Ratio: (As of Jul. 31, 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.

RPYTF Reply SpA RPYTF
86 GF Score
Price $104.54
GF Value $141.10
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Reply SpA Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Reply SpA  (OTCPK:RPYTF) 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.


Reply SpA Cyclically Adjusted PB Ratio Related Terms


Reply SpA Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Reply 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.

Reply SpA Cyclically Adjusted PB Ratio Chart

Reply SpA 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 15.90 7.38 7.12 7.84 5.06

Reply SpA 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 6.92 0.00 5.06 0.00 0.00

RPYTF vs IBM, ACN, FISV: Cyclically Adjusted PB Ratio Comparison

For the Information Technology Services subindustry, Reply 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.


Reply SpA Cyclically Adjusted PB Ratio vs Software Industry

For the Software industry and Technology sector, Reply SpA's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


RPYTF
86GF Score
Reply SpA RPYTF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Reply 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.

Reply SpA's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Reply SpA's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0/124.5600*124.5600
=0.000

Current CPI (Mar. 2026) = 124.5600.

Reply SpA Quarterly Data

Book Value per Share CPI Adj_Book
201606 9.174 99.900 11.439
201609 0.000 100.100 0.000
201612 9.504 100.300 11.803
201703 0.000 101.000 0.000
201706 10.815 101.100 13.325
201709 0.000 101.200 0.000
201712 12.699 101.200 15.630
201803 0.000 101.800 0.000
201806 13.521 102.400 16.447
201809 0.000 102.600 0.000
201812 14.759 102.300 17.970
201903 0.000 102.800 0.000
201906 15.644 103.100 18.900
201909 0.000 102.900 0.000
201912 17.338 102.800 21.008
202003 0.000 102.900 0.000
202006 18.361 102.900 22.226
202009 0.000 102.300 0.000
202012 21.954 102.600 26.653
202103 0.000 103.700 0.000
202106 23.464 104.200 28.049
202109 0.000 104.900 0.000
202112 24.610 106.600 28.756
202203 0.000 110.400 0.000
202206 24.204 112.500 26.799
202209 0.000 114.200 0.000
202212 27.573 119.000 28.861
202303 0.000 118.800 0.000
202306 29.465 119.700 30.661
202309 0.000 120.300 0.000
202312 32.613 119.700 33.937
202403 0.000 120.200 0.000
202406 34.228 120.700 35.323
202409 0.000 121.200 0.000
202412 36.522 121.200 37.534
202503 0.000 122.500 0.000
202506 42.063 122.700 42.701
202509 0.000 123.100 0.000
202512 46.734 122.600 47.481
202603 0.000 124.560 0.000

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 Reply SpA (RPYTF) Overvalued in 2026?

Based on GuruFocus' analysis, Reply SpA stock appears to be undervalued. The current stock price of $104.54 is trading 25.9% below its estimated GF Value™ of $141.10. GuruFocus considers Reply SpA to be Modestly Undervalued.

Key valuation signals for RPYTF:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: $141.10 vs. price of $104.54 (25.9% below fair value)
  • GF Score™: 86/100 with 3 warning signs

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


Reply SpA Business Description

Address Corso Francia, 110, Turin, ITA, 10143
Reply SpA specialises in consulting, digital services, and the integration of processes, applications, and devices. Reply serves clients in the telecommunication and media, banking, insurance, financial, industry and services, energy and utilities, and public administration industries. The company provides its services mainly through platforms such as X-Rais Reply, Discovery Reply, Brick Reply, TamTamy, and SideUp Reply. Reply researches, selects, and markets solutions through channels such as data analysis, digital communication, e-commerce, mobile, and social media. Its business segments are defined based on geographical areas of operation and include Region 1 (including Italy, USA, Brazil, Poland, Romania, and Nanjing), which derives key revenue, Region 2, Region 3, and IoT Incubator.
86GF Score

Get the complete analysis for RPYTF

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

$104.54
Price
$141.10
GF Value