United Eco Solutions AG (STU:ICP) Cyclically Adjusted PB Ratio: (As of Jul. 30, 2026)

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Director of Data and Quant Analytics at GuruFocus
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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:ICP United Eco Solutions AG STU:ICP
39 GF Score
Price €0.40
GF Value €33.28
Valuation Possible Value Trap
! 4 Warning Signs
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What is United Eco Solutions AG Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


United Eco Solutions AG  (STU:ICP) 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.


United Eco Solutions AG Cyclically Adjusted PB Ratio Related Terms


United Eco Solutions AG Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for United Eco Solutions AG'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.

United Eco Solutions AG Cyclically Adjusted PB Ratio Chart

United Eco Solutions AG 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 7.45 4.66 11.90 409.52 0.00

United Eco Solutions AG Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 11.90 0.00 409.52 0.00 0.00

STU:ICP vs BLK, BX, KKR: Cyclically Adjusted PB Ratio Comparison

For the Asset Management subindustry, United Eco Solutions AG'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.


United Eco Solutions AG Cyclically Adjusted PB Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, United Eco Solutions AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where United Eco Solutions AG's Cyclically Adjusted PB Ratio falls into.


STU:ICP
39GF Score
United Eco Solutions AG STU:ICP
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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United Eco Solutions AG 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.

United Eco Solutions AG's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, United Eco Solutions AG's adjusted Book Value per Share data for the fiscal year that ended in Dec25 was:

Adj_Book=Book Value per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=-0.16/129.3606*129.3606
=-0.160

Current CPI (Dec25) = 129.3606.

United Eco Solutions AG Annual Data

Book Value per Share CPI Adj_Book
201612 0.200 101.217 0.256
201712 0.005 102.617 0.006
201812 0.070 104.217 0.087
201912 -0.137 105.818 -0.167
202012 -0.038 105.518 -0.047
202112 -0.077 110.384 -0.090
202212 -0.137 119.345 -0.148
202312 -0.129 123.773 -0.135
202412 -0.150 127.041 -0.153
202512 -0.160 129.361 -0.160

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 United Eco Solutions AG (STU:ICP) Overvalued in 2026?

Based on GuruFocus' analysis, United Eco Solutions AG stock appears to be undervalued. The current stock price of €0.40 is trading 98.8% below its estimated GF Value™ of €33.28. GuruFocus considers United Eco Solutions AG to be Possible Value Trap.

Key valuation signals for STU:ICP:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €33.28 vs. price of €0.40 (98.8% below fair value)
  • GF Score™: 39/100 with 4 warning signs

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


United Eco Solutions AG Business Description

Other Exchanges ICP:Germany
Address Strasse 10, Muenchener, Frankfurt am Main, Frankfurt, HE, DEU, 60329
United Eco Solutions AG, formerly Aeronics Neura System AG is an investment company with a focus on the German-speaking market. It has a focus on the sectors of environmental technology, IT, e-business, health products, and services and products for infants and babies. The company's investments will be made as both minority and majority investments and will include financial and strategic investments.
39GF Score

Get the complete analysis for STU:ICP

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

€0.40
Price
€33.28
GF Value