Logwin AG (STU:TGHN) Cyclically Adjusted PB Ratio: (As of Sep. 21, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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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.

STU:TGHN Logwin AG STU:TGHN
72 GF Score
Price €278.00
GF Value €267.77
Valuation Fairly Valued
! 7 Warning Signs
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What is Logwin AG Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Logwin AG  (STU:TGHN) 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.


Logwin AG Cyclically Adjusted PB Ratio Related Terms


Logwin AG Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Logwin 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.

Logwin AG Cyclically Adjusted PB Ratio Chart

Logwin 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 4.54 3.84 3.06 2.64 2.44

Logwin AG Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 3.02 2.77 2.56 2.56 2.74

STU:TGHN vs UPS, FDX, EXPD: Cyclically Adjusted PB Ratio Comparison

For the Integrated Freight & Logistics subindustry, Logwin 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.


Logwin AG Cyclically Adjusted PB Ratio vs Transportation Industry

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

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


STU:TGHN
72GF Score
Logwin AG STU:TGHN
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Logwin 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.

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

For example, Logwin 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)
=137.421/126.1800*126.1800
=137.421

Current CPI (Dec25) = 126.1800.

Logwin AG Annual Data

Book Value per Share CPI Adj_Book
201612 48.241 101.040 60.244
201712 53.761 102.410 66.239
201812 64.029 104.320 77.446
201912 72.303 106.080 86.003
202012 78.036 106.670 92.309
202112 98.107 111.090 111.433
202212 120.308 117.060 129.681
202312 122.139 121.170 127.189
202412 130.735 122.430 134.739
202512 137.421 126.180 137.421

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 Logwin AG (STU:TGHN) Overvalued in 2026?

Based on GuruFocus' analysis, Logwin AG stock appears to be overvalued. The current stock price of €278.00 is trading 3.8% above its estimated GF Value™ of €267.77. GuruFocus considers Logwin AG to be Fairly Valued.

Key valuation signals for STU:TGHN:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €267.77 vs. price of €278.00 (3.8% above fair value)
  • GF Score™: 72/100 with 7 warning signs

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


Logwin AG Business Description

Other Exchanges TGHN:Germany
Address 5, an de Langten, ZIR Potaschberg, Grevenmacher, LUX, L-6776
Logwin AG provides transport and logistics services. It combines the advantages of an international logistics group with those of a flexible, medium-sized company. The company has Solutions and Air plus ocean business segments. Solution segment develops contract logistics solutions and offers industry-specific transport and logistics concepts to industrial engineering, automotive, chemicals, electronics, high tech, retail, and fashion companies. Air plus ocean segment manages international shipments through air and sea, and related logistics services. The air plus ocean segment generates the majority of the revenues. Geographically, it derived maximum revenue from Germany.
72GF Score

Get the complete analysis for STU:TGHN

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

€278.00
Price
€267.77
GF Value