Euroseas (STU:2LE1) Cyclically Adjusted PB Ratio: 2.54 (As of Jul. 25, 2026) — 1593% Above Median

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.

STU:2LE1 Euroseas Ltd STU:2LE1
64 GF Score
Price €66.80
GF Value €31.69
Valuation Significantly Overvalued
! 10 Warning Signs
View Full Analysis

What is Euroseas Cyclically Adjusted PB Ratio?

Euroseas STU:2LE1 +1.83% 64 Cyclically Adjusted PB Ratio is 2.54 as of Jul. 25, 2026, which is 1593% above its 10-year median of 0.15. GuruFocus rates STU:2LE1 with a GF Score™ of 64/100 and a GF Value™ of €31.69 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 738 Transportation companies, Euroseas ranks worse than 75.07% on this metric.

As of today (2026-07-25), Euroseas's current share price is €66.80. Euroseas's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €26.31. Euroseas's Cyclically Adjusted PB Ratio for today is 2.54.

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

STU:2LE1' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.15   Max: 2.48
Current: 2.48

During the past years, Euroseas's highest Cyclically Adjusted PB Ratio was 2.48. The lowest was 0.01. And the median was 0.15.

STU:2LE1's Cyclically Adjusted PB Ratio is ranked worse than
75.07% of 738 companies
in the Transportation industry
Industry Median: 1.265 vs STU:2LE1: 2.48

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.

Euroseas's adjusted book value per share data for the three months ended in Mar. 2026 was €60.154. 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 €26.31 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Euroseas  (STU:2LE1) 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.


Euroseas Cyclically Adjusted PB Ratio Related Terms


Euroseas Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Euroseas'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.

Euroseas Cyclically Adjusted PB Ratio Chart

Euroseas 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 0.20 0.21 0.53 0.79 1.73

Euroseas Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.86 1.32 1.82 1.73 2.15

STU:2LE1 vs PANL, CMDB, ASC: Cyclically Adjusted PB Ratio Comparison

For the Marine Shipping subindustry, Euroseas'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.


Euroseas Cyclically Adjusted PB Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Euroseas's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


STU:2LE1
64GF Score
Euroseas Ltd STU:2LE1
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Euroseas 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.

Euroseas's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=66.80/26.31
=2.54

* 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.

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

For example, Euroseas'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)
=60.154/124.8200*124.8200
=60.154

Current CPI (Mar. 2026) = 124.8200.

Euroseas Quarterly Data

Book Value per Share CPI Adj_Book
201606 62.843 100.121 78.346
201609 58.630 99.878 73.271
201612 37.716 100.110 47.026
201703 34.782 100.770 43.083
201706 32.145 101.138 39.672
201709 27.137 100.882 33.576
201712 28.003 100.762 34.689
201803 24.786 100.534 30.773
201806 2.338 102.121 2.858
201809 1.648 101.982 2.017
201812 2.148 101.330 2.646
201903 1.900 101.482 2.337
201906 0.934 101.837 1.145
201909 3.021 101.906 3.700
201912 3.287 102.120 4.018
202003 3.601 101.479 4.429
202006 3.706 100.239 4.615
202009 3.533 99.886 4.415
202012 3.349 99.751 4.191
202103 3.916 99.817 4.897
202106 5.218 101.270 6.431
202109 6.335 102.095 7.745
202112 9.324 104.853 11.100
202203 13.319 108.651 15.301
202206 17.410 113.517 19.144
202209 21.611 114.371 23.585
202212 22.307 112.428 24.766
202303 25.545 113.620 28.063
202306 28.654 115.515 30.962
202309 33.026 116.234 35.466
202312 34.852 116.364 37.385
202403 37.084 117.285 39.467
202406 42.333 118.129 44.731
202409 44.113 119.650 46.019
202412 49.179 119.360 51.429
202503 49.781 120.133 51.723
202506 49.862 121.399 51.267
202509 52.051 121.950 53.276
202512 56.091 122.450 57.177
202603 60.154 124.820 60.154

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 2.54 mean?
Euroseas (STU:2LE1) has a Cyclically Adjusted PB Ratio of 2.54 as of Jul. 25, 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 Euroseas and its competitors. This is 1593% above median its historical median of 0.15. Over the past decade, Euroseas' Cyclically Adjusted PB Ratio has ranged from 0.01 to 2.48. According to the industry distribution chart, Euroseas ranks #554 out of 738 companies in the Transportation industry, placing it in the top 75.1%.
Is Euroseas' Cyclically Adjusted PB Ratio too high?
Euroseas' current Cyclically Adjusted PB Ratio of 2.54 is 1593% above median its 10-year median of 0.15. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 2.48. The Transportation industry median Cyclically Adjusted PB Ratio is 1.27. Euroseas' value of 2.54 is 100.8% above this industry median. Based on the distribution chart, Euroseas ranks #554 out of 738 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Euroseas has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Euroseas' Cyclically Adjusted PB Ratio compare to PANL and CMDB?
According to the Transportation industry distribution chart, Euroseas ranks #554 out of 738 companies for Cyclically Adjusted PB Ratio. This places Euroseas in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.27. Euroseas' value of 2.54 is 100.8% above this benchmark. Historically, Euroseas' own Cyclically Adjusted PB Ratio has ranged from 0.01 to 2.48 over the past decade. While the company's 10-year median is 0.15 vs. the industry median of 1.27, Euroseas 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 a Transportation company?
The median Cyclically Adjusted PB Ratio among Transportation companies is 1.27, based on 738 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. Euroseas's current Cyclically Adjusted PB Ratio of 2.54 is 100.8% 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 Euroseas and its competitors. For the Transportation industry, the median Cyclically Adjusted PB Ratio is 1.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Euroseas's current Cyclically Adjusted PB Ratio is 2.54, which is 1593% above median its own 10-year median of 0.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Euroseas stock overvalued right now?
Based on GuruFocus' analysis, Euroseas (STU:2LE1) is currently considered Significantly Overvalued. The stock's GF Value™ is €31.69, compared to a current price of €66.80 — trading 110.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.54, which is 1593% above median its 10-year median of 0.15 and 100.8% above the Transportation industry median of 1.27. Euroseas' overall GF Score™ is 64/100 with 10 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 Euroseas (STU:2LE1), the current Cyclically Adjusted PB Ratio is 2.54 as of Jul. 25, 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 Euroseas (STU:2LE1) Overvalued in 2026?

Based on GuruFocus' analysis, Euroseas stock appears to be overvalued. The current stock price of €66.80 is trading 110.8% above its estimated GF Value™ of €31.69. GuruFocus considers Euroseas to be Significantly Overvalued.

Key valuation signals for STU:2LE1:

  • Cyclically Adjusted PB Ratio: 2.54 (1593% above median its 10-year median of 0.15)
  • GF Value™: €31.69 vs. price of €66.80 (110.8% above fair value)
  • GF Score™: 64/100 with 10 warning signs
  • Industry Position: 100.8% above the Transportation median (#554 of 738)

No single metric tells the full story. See the STU:2LE1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Euroseas Business Description

Other Exchanges ESEA:USAESEAN:Mexico
Address 4 Messogiou and Evropis Street, Maroussi, GRC, 15124
Euroseas Ltd is a shipping company. Its fleet consists of containerships that transport container boxes, providing scheduled service between ports. Its operations are managed by an affiliated ship management company, which is responsible for the day-to-day commercial and technical management and operations of the vessels. The company employs its vessels on spot and period charters and through pool arrangements.
64GF Score

Get the complete analysis for STU:2LE1

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

€66.80
Price
€31.69
GF Value