Diebold Nixdorf (STU:DBDB) Cyclically Adjusted PB Ratio: 22.76 (As of Jul. 20, 2026) — 18% Below Median

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STU:DBDB Diebold Nixdorf Inc STU:DBDB
38 GF Score
Price €75.10
GF Value €60.60
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Diebold Nixdorf Cyclically Adjusted PB Ratio?

Diebold Nixdorf STU:DBDB +1.21% 38 Cyclically Adjusted PB Ratio is 22.76 as of Jul. 20, 2026, which is 18% below its 10-year median of 27.87. GuruFocus rates STU:DBDB with a GF Score™ of 38/100 and a GF Value™ of €60.60 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,595 Software companies, Diebold Nixdorf ranks worse than 96.74% on this metric.

As of today (2026-07-20), Diebold Nixdorf's current share price is €75.10. Diebold Nixdorf's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €3.30. Diebold Nixdorf's Cyclically Adjusted PB Ratio for today is 22.76.

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

STU:DBDB' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 18.2   Med: 27.87   Max: 223
Current: 22.39

During the past years, Diebold Nixdorf's highest Cyclically Adjusted PB Ratio was 223.00. The lowest was 18.20. And the median was 27.87.

STU:DBDB's Cyclically Adjusted PB Ratio is ranked worse than
96.74% of 1595 companies
in the Software industry
Industry Median: 2.26 vs STU:DBDB: 22.39

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.

Diebold Nixdorf's adjusted book value per share data for the three months ended in Mar. 2026 was €25.461. 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 €3.30 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Diebold Nixdorf  (STU:DBDB) 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.


Diebold Nixdorf Cyclically Adjusted PB Ratio Related Terms


Diebold Nixdorf Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Diebold Nixdorf'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.

Diebold Nixdorf Cyclically Adjusted PB Ratio Chart

Diebold Nixdorf 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 34.02 20.31

Diebold Nixdorf 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 25.66 24.95 20.44 20.31 19.72

STU:DBDB vs CCC, AGYS, QTWO: Cyclically Adjusted PB Ratio Comparison

For the Software - Application subindustry, Diebold Nixdorf'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.


Diebold Nixdorf Cyclically Adjusted PB Ratio vs Software Industry

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

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


STU:DBDB
38GF Score
Diebold Nixdorf Inc STU:DBDB
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Diebold Nixdorf 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.

Diebold Nixdorf's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=75.10/3.30
=22.76

* 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.

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

For example, Diebold Nixdorf'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)
=25.461/330.2130*330.2130
=25.461

Current CPI (Mar. 2026) = 330.2130.

Diebold Nixdorf Quarterly Data

Book Value per Share CPI Adj_Book
201606 7.895 241.018 10.817
201609 8.730 241.428 11.940
201612 7.461 241.432 10.205
201703 6.605 243.801 8.946
201706 6.922 244.955 9.331
201709 6.356 246.819 8.504
201712 4.982 246.524 6.673
201803 4.558 249.554 6.031
201806 2.554 251.989 3.347
201809 -0.083 252.439 -0.109
201812 -1.727 251.233 -2.270
201903 -3.484 254.202 -4.526
201906 -3.792 256.143 -4.889
201909 -5.331 256.759 -6.856
201912 -6.213 256.974 -7.984
202003 -8.498 258.115 -10.872
202006 -8.037 257.797 -10.295
202009 -8.817 260.280 -11.186
202012 -8.752 260.474 -11.095
202103 -9.114 264.877 -11.362
202106 -9.018 271.696 -10.960
202109 -9.463 274.310 -11.392
202112 -9.546 278.802 -11.306
202203 -11.696 287.504 -13.433
202206 -15.052 296.311 -16.774
202209 -16.982 296.808 -18.893
202212 -16.479 296.797 -18.334
202303 -17.425 301.836 -19.063
202306 -24.628 305.109 -26.654
202309 24.361 307.789 26.136
202312 25.967 306.746 27.954
202403 24.810 312.332 26.230
202406 24.648 314.175 25.906
202409 25.565 315.301 26.774
202412 23.630 315.605 24.724
202503 24.295 319.799 25.086
202506 25.808 322.561 26.420
202509 26.058 324.800 26.492
202512 26.546 324.054 27.051
202603 25.461 330.213 25.461

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 22.76 mean?
Diebold Nixdorf (STU:DBDB) has a Cyclically Adjusted PB Ratio of 22.76 as of Jul. 20, 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 Diebold Nixdorf and its competitors. This is 18% below median its historical median of 27.87. Over the past decade, Diebold Nixdorf's Cyclically Adjusted PB Ratio has ranged from 18.20 to 223.00. According to the industry distribution chart, Diebold Nixdorf ranks #1543 out of 1595 companies in the Software industry, placing it in the top 96.7%.
Is Diebold Nixdorf's Cyclically Adjusted PB Ratio too high?
Diebold Nixdorf's current Cyclically Adjusted PB Ratio of 22.76 is 18% below median its 10-year median of 27.87. Over the past 10 years, this metric has ranged from a low of 18.20 to a high of 223.00. The Software industry median Cyclically Adjusted PB Ratio is 2.26. Diebold Nixdorf's value of 22.76 is 907.1% above this industry median. Based on the distribution chart, Diebold Nixdorf ranks #1543 out of 1595 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Diebold Nixdorf has a GF Score™ of 38/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Diebold Nixdorf's Cyclically Adjusted PB Ratio compare to CCC and AGYS?
According to the Software industry distribution chart, Diebold Nixdorf ranks #1543 out of 1595 companies for Cyclically Adjusted PB Ratio. This places Diebold Nixdorf in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.26. Diebold Nixdorf's value of 22.76 is 907.1% above this benchmark. Historically, Diebold Nixdorf's own Cyclically Adjusted PB Ratio has ranged from 18.20 to 223.00 over the past decade. While the company's 10-year median is 27.87 vs. the industry median of 2.26, Diebold Nixdorf 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 Software company?
The median Cyclically Adjusted PB Ratio among Software companies is 2.26, based on 1,595 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. Diebold Nixdorf's current Cyclically Adjusted PB Ratio of 22.76 is 907.1% 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 Diebold Nixdorf and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Diebold Nixdorf's current Cyclically Adjusted PB Ratio is 22.76, which is 18% below median its own 10-year median of 27.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Diebold Nixdorf stock overvalued right now?
Based on GuruFocus' analysis, Diebold Nixdorf (STU:DBDB) is currently considered Modestly Overvalued. The stock's GF Value™ is €60.60, compared to a current price of €75.10 — trading 23.9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 22.76, which is 18% below median its 10-year median of 27.87 and 907.1% above the Software industry median of 2.26. Diebold Nixdorf's overall GF Score™ is 38/100 with 5 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 Diebold Nixdorf (STU:DBDB), the current Cyclically Adjusted PB Ratio is 22.76 as of Jul. 20, 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 Diebold Nixdorf (STU:DBDB) Overvalued in 2026?

Based on GuruFocus' analysis, Diebold Nixdorf stock appears to be overvalued. The current stock price of €75.10 is trading 23.9% above its estimated GF Value™ of €60.60. GuruFocus considers Diebold Nixdorf to be Modestly Overvalued.

Key valuation signals for STU:DBDB:

  • Cyclically Adjusted PB Ratio: 22.76 (18% below median its 10-year median of 27.87)
  • GF Value™: €60.60 vs. price of €75.10 (23.9% above fair value)
  • GF Score™: 38/100 with 5 warning signs
  • Industry Position: 907.1% above the Software median (#1543 of 1595)

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


Diebold Nixdorf Business Description

Other Exchanges DBD:USA
Address 350 Orchard Avenue NE, North Canton, OH, USA, 44720-2556
Diebold Nixdorf Inc is engaged in providing software and hardware services for financial and retail industries. The customer segments of the company are Banking, which offers integrated solutions for financial institutions, and Retail, which offers solutions, software, and services that improve the checkout process for retailers. A majority of its revenue is generated from the Banking segment.
38GF Score

Get the complete analysis for STU:DBDB

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

€75.10
Price
€60.60
GF Value