XTPL (STU:5C8) Cyclically Adjusted PB Ratio: 10.94 (As of Aug. 16, 2026) — 16% Above Median

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STU:5C8 XTPL SA STU:5C8
73 GF Score
Price €16.08
GF Value €22.30
Valuation Modestly Undervalued
! 6 Warning Signs
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What is XTPL Cyclically Adjusted PB Ratio?

XTPL STU:5C8 -5.41% 73 Cyclically Adjusted PB Ratio is 10.94 as of Aug. 16, 2026, which is 16% above its 10-year median of 9.45. GuruFocus rates STU:5C8 with a GF Score™ of 73/100 and a GF Value™ of €22.30 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,962 Hardware companies, XTPL ranks worse than 91.39% on this metric.

As of today (2026-08-16), XTPL's current share price is €16.08. XTPL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €1.47. XTPL's Cyclically Adjusted PB Ratio for today is 10.94.

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

STU:5C8' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 7.83   Med: 9.45   Max: 10.49
Current: 10.34

During the past years, XTPL's highest Cyclically Adjusted PB Ratio was 10.49. The lowest was 7.83. And the median was 9.45.

STU:5C8's Cyclically Adjusted PB Ratio is ranked worse than
91.39% of 1962 companies
in the Hardware industry
Industry Median: 2.115 vs STU:5C8: 10.34

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.

XTPL's adjusted book value per share data for the three months ended in Mar. 2026 was €2.578. 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 €1.47 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


XTPL  (STU:5C8) 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.


XTPL Cyclically Adjusted PB Ratio Related Terms


XTPL Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for XTPL'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.

XTPL Cyclically Adjusted PB Ratio Chart

XTPL 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 0.00 0.00 0.00

XTPL 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 0.00 0.00 0.00 0.00 9.54

STU:5C8 vs DELL, ANET, SNDK: Cyclically Adjusted PB Ratio Comparison

For the Computer Hardware subindustry, XTPL'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.


XTPL Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


STU:5C8
73GF Score
XTPL SA STU:5C8
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

XTPL 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=16.08/1.47
=10.94

* 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.

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

For example, XTPL'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)
=2.578/163.0700*163.0700
=2.578

Current CPI (Mar. 2026) = 163.0700.

XTPL Quarterly Data

Book Value per Share CPI Adj_Book
201512 0.159 99.471 0.261
201609 0.000 99.064 0.000
201612 0.245 100.366 0.398
201703 0.000 101.018 0.000
201706 0.000 101.180 0.000
201709 1.167 101.343 1.878
201712 1.001 102.564 1.592
201803 0.884 102.564 1.406
201806 0.647 103.378 1.021
201809 0.914 103.378 1.442
201812 1.177 103.785 1.849
201903 0.672 104.274 1.051
201906 0.397 105.983 0.611
201909 1.197 105.983 1.842
201912 0.852 107.123 1.297
202003 0.647 109.076 0.967
202006 1.551 109.402 2.312
202009 1.346 109.320 2.008
202012 1.203 109.565 1.790
202103 1.044 112.658 1.511
202106 0.797 113.960 1.140
202109 0.575 115.588 0.811
202112 0.577 119.088 0.790
202203 0.405 125.031 0.528
202206 0.395 131.705 0.489
202209 0.465 135.531 0.559
202212 0.460 139.113 0.539
202303 0.427 145.950 0.477
202306 0.257 147.009 0.285
202309 3.668 146.113 4.094
202312 3.426 147.741 3.781
202403 3.083 149.044 3.373
202406 2.627 150.997 2.837
202409 1.848 153.439 1.964
202412 3.596 154.660 3.792
202503 2.946 157.021 3.059
202506 2.453 157.509 2.540
202509 2.160 158.000 2.229
202512 1.721 158.320 1.773
202603 2.578 163.070 2.578

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 10.94 mean?
XTPL (STU:5C8) has a Cyclically Adjusted PB Ratio of 10.94 as of Aug. 16, 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 XTPL and its competitors. This is 16% above median its historical median of 9.45. Over the past decade, XTPL's Cyclically Adjusted PB Ratio has ranged from 7.83 to 10.49. According to the industry distribution chart, XTPL ranks #1793 out of 1962 companies in the Hardware industry, placing it in the top 91.4%.
Is XTPL's Cyclically Adjusted PB Ratio too high?
XTPL's current Cyclically Adjusted PB Ratio of 10.94 is 16% above median its 10-year median of 9.45. Over the past 10 years, this metric has ranged from a low of 7.83 to a high of 10.49. The Hardware industry median Cyclically Adjusted PB Ratio is 2.12. XTPL's value of 10.94 is 417.3% above this industry median. Based on the distribution chart, XTPL ranks #1793 out of 1962 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, XTPL has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does XTPL's Cyclically Adjusted PB Ratio compare to DELL and ANET?
According to the Hardware industry distribution chart, XTPL ranks #1793 out of 1962 companies for Cyclically Adjusted PB Ratio. This places XTPL in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.12. XTPL's value of 10.94 is 417.3% above this benchmark. Historically, XTPL's own Cyclically Adjusted PB Ratio has ranged from 7.83 to 10.49 over the past decade. While the company's 10-year median is 9.45 vs. the industry median of 2.12, XTPL 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 Hardware company?
The median Cyclically Adjusted PB Ratio among Hardware companies is 2.12, based on 1,962 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. XTPL's current Cyclically Adjusted PB Ratio of 10.94 is 417.3% 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 XTPL and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. XTPL's current Cyclically Adjusted PB Ratio is 10.94, which is 16% above median its own 10-year median of 9.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is XTPL stock overvalued right now?
Based on GuruFocus' analysis, XTPL (STU:5C8) is currently considered Modestly Undervalued. The stock's GF Value™ is €22.30, compared to a current price of €16.08 — trading 27.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 10.94, which is 16% above median its 10-year median of 9.45 and 417.3% above the Hardware industry median of 2.12. XTPL's overall GF Score™ is 73/100 with 6 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 XTPL (STU:5C8), the current Cyclically Adjusted PB Ratio is 10.94 as of Aug. 16, 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 XTPL (STU:5C8) Overvalued in 2026?

Based on GuruFocus' analysis, XTPL stock appears to be undervalued. The current stock price of €16.08 is trading 27.9% below its estimated GF Value™ of €22.30. GuruFocus considers XTPL to be Modestly Undervalued.

Key valuation signals for STU:5C8:

  • Cyclically Adjusted PB Ratio: 10.94 (16% above median its 10-year median of 9.45)
  • GF Value™: €22.30 vs. price of €16.08 (27.9% below fair value)
  • GF Score™: 73/100 with 6 warning signs
  • Industry Position: 417.3% above the Hardware median (#1793 of 1962)

No single metric tells the full story. See the STU:5C8 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


XTPL Business Description

Other Exchanges XTP:Poland
Address Legnicka 48E, Wroclaw, POL, 54-202
XTPL SA is a technology company. It develops and commercializes the technology dedicated to a specific application field, using optimal model. It is developing and commercialising its globally Creative platform technology of ultra-precise printing of nanomaterials, protected by international patent applications. It is operates in the nanotechnology market segment. The company is focusing on commercialization of its technology in chosen application fields.
73GF Score

Get the complete analysis for STU:5C8

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

€16.08
Price
€22.30
GF Value