SESPF (Sesa SpA) Cyclically Adjusted PB Ratio: (As of Jul. 30, 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.
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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.

SESPF Sesa SpA SESPF
92 GF Score
Price $104.00
GF Value $118.94
! 9 Warning Signs
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What is Sesa SpA Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Sesa SpA  (OTCPK:SESPF) 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.


Sesa SpA Cyclically Adjusted PB Ratio Related Terms


Sesa SpA Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Sesa 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.

Sesa SpA Cyclically Adjusted PB Ratio Chart

Sesa SpA Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.82 6.84 5.52 3.75 0.00

Sesa SpA Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 3.75 3.27 3.91 4.24 0.00

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

For the Information Technology Services subindustry, Sesa 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.


Sesa SpA Cyclically Adjusted PB Ratio vs Software Industry

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

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


SESPF
92GF Score
Sesa SpA SESPF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Sesa 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.

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

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

Adj_Book=Book Value per Share/CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=35.697/125.9100*125.9100
=35.697

Current CPI (Apr. 2026) = 125.9100.

Sesa SpA Quarterly Data

Book Value per Share CPI Adj_Book
201607 12.634 100.100 15.892
201610 12.502 100.000 15.741
201701 12.674 100.600 15.863
201704 13.304 101.400 16.520
201707 14.621 101.200 18.191
201710 14.614 101.000 18.218
201801 15.608 101.500 19.362
201804 16.277 101.900 20.112
201807 15.622 102.700 19.153
201810 15.121 102.600 18.556
201901 15.748 102.400 19.364
201904 15.969 103.000 19.521
201907 16.491 103.100 20.139
201910 15.944 102.800 19.528
202001 16.974 102.900 20.770
202004 16.677 103.000 20.386
202007 18.512 102.700 22.696
202010 19.266 102.500 23.666
202101 20.771 103.300 25.317
202104 21.596 104.100 26.121
202107 21.203 104.700 25.498
202110 20.032 105.600 23.885
202201 20.974 108.300 24.384
202204 22.043 110.300 25.163
202207 22.081 113.000 24.604
202210 20.574 118.100 21.935
202301 24.528 119.100 25.930
202304 26.673 119.300 28.151
202307 28.355 119.700 29.826
202310 27.111 120.100 28.423
202401 29.484 120.100 30.910
202404 29.845 120.300 31.237
202407 31.422 121.200 32.643
202410 30.110 121.200 31.280
202501 29.930 121.900 30.915
202504 32.656 122.600 33.538
202507 35.272 123.200 36.048
202510 33.360 122.700 34.233
202601 34.913 123.090 35.713
202604 35.697 125.910 35.697

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 Sesa SpA (SESPF) Overvalued in 2026?

Based on GuruFocus' analysis, Sesa SpA stock appears to be undervalued. The current stock price of $104.00 is trading 12.6% below its estimated GF Value™ of $118.94.

Key valuation signals for SESPF:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: $118.94 vs. price of $104.00 (12.6% below fair value)
  • GF Score™: 92/100 with 9 warning signs

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


Sesa SpA Business Description

Address Via Piovola No. 138, Empoli, ITA, 50053
Sesa SpA and its subsidiaries are in the business of the distribution of value-added IT solutions and products. The firm functions through the Business Services Sector, Value Added Distribution, Corporate Sector, and the Software and System Integration segment. The activities of these segments include the distribution of software and hardware technologies, the supply of IT services and solutions, administrative and financial services, organization, planning, and control, management of information technologies, human resources, general, corporate, and legal affairs, activities related to logistics services and cloud computing.
92GF Score

Get the complete analysis for SESPF

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

$104.00
Price
$118.94
GF Value