Sonaecom (STU:XOA1) Cyclically Adjusted PB Ratio: 0.65 (As of Sep. 03, 2026) — Near Median

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STU:XOA1 Sonaecom SA STU:XOA1
62 GF Score
Price €2.80
GF Value €2.74
Valuation Fairly Valued
! 4 Warning Signs
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What is Sonaecom Cyclically Adjusted PB Ratio?

Sonaecom STU:XOA1 -3.45% 62 Cyclically Adjusted PB Ratio is 0.65 as of Sep. 03, 2026, which is 2% above its 10-year median of 0.64. GuruFocus rates STU:XOA1 with a GF Score™ of 62/100 and a GF Value™ of €2.74 (Fairly Valued). The stock has 4 warning signs investors should review. Among 656 Media - Diversified companies, Sonaecom ranks better than 64.94% on this metric.

As of today (2026-09-03), Sonaecom's current share price is €2.80. Sonaecom's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €4.34. Sonaecom's Cyclically Adjusted PB Ratio for today is 0.65.

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

STU:XOA1' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.41   Med: 0.64   Max: 0.84
Current: 0.65

During the past years, Sonaecom's highest Cyclically Adjusted PB Ratio was 0.84. The lowest was 0.41. And the median was 0.64.

STU:XOA1's Cyclically Adjusted PB Ratio is ranked better than
64.94% of 656 companies
in the Media - Diversified industry
Industry Median: 1.02 vs STU:XOA1: 0.65

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.

Sonaecom's adjusted book value per share data for the three months ended in Jun. 2026 was €4.438. 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 €4.34 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sonaecom  (STU:XOA1) 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.


Sonaecom Cyclically Adjusted PB Ratio Related Terms


Sonaecom Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Sonaecom'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.

Sonaecom Cyclically Adjusted PB Ratio Chart

Sonaecom 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 0.48 0.64 0.70 0.54 0.65

Sonaecom Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 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 0.58 0.70 0.65 0.69 0.65

STU:XOA1 vs NYT, WLY: Cyclically Adjusted PB Ratio Comparison

For the Publishing subindustry, Sonaecom'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.


Sonaecom Cyclically Adjusted PB Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Sonaecom's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


STU:XOA1
62GF Score
Sonaecom SA STU:XOA1
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sonaecom 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.80/4.34
=0.65

* 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.

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

For example, Sonaecom's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=4.438/128.0300*128.0300
=4.438

Current CPI (Jun. 2026) = 128.0300.

Sonaecom Quarterly Data

Book Value per Share CPI Adj_Book
201609 3.243 101.122 4.106
201612 3.379 100.998 4.283
201703 3.393 101.924 4.262
201706 3.342 102.240 4.185
201709 3.378 102.527 4.218
201712 3.369 102.479 4.209
201803 3.377 102.626 4.213
201806 3.515 103.790 4.336
201809 3.523 103.960 4.339
201812 3.477 103.159 4.315
201903 3.530 103.495 4.367
201906 3.429 104.192 4.214
201909 3.480 103.844 4.291
201912 3.510 103.592 4.338
202003 3.493 103.544 4.319
202006 3.425 104.323 4.203
202009 3.507 103.699 4.330
202012 3.602 103.354 4.462
202103 3.639 104.014 4.479
202106 3.636 104.852 4.440
202109 3.733 105.232 4.542
202112 3.911 106.191 4.715
202203 3.997 109.559 4.671
202206 3.896 114.003 4.375
202209 4.033 114.999 4.490
202212 4.221 116.377 4.644
202303 4.232 117.701 4.603
202306 4.201 117.872 4.563
202309 4.270 119.111 4.590
202312 4.283 118.032 4.646
202403 4.365 120.396 4.642
202406 4.368 121.165 4.615
202409 4.396 121.574 4.629
202412 4.258 121.585 4.484
202503 4.298 122.624 4.487
202506 4.284 124.042 4.422
202509 4.364 124.490 4.488
202512 4.388 124.240 4.522
202603 4.464 125.940 4.538
202606 4.438 128.030 4.438

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 0.65 mean?
Sonaecom (STU:XOA1) has a Cyclically Adjusted PB Ratio of 0.65 as of Sep. 03, 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 Sonaecom and its competitors. This is near median its historical median of 0.64. Over the past decade, Sonaecom's Cyclically Adjusted PB Ratio has ranged from 0.41 to 0.84. According to the industry distribution chart, Sonaecom ranks #230 out of 656 companies in the Media - Diversified industry, placing it in the top 35.1%.
Is Sonaecom's Cyclically Adjusted PB Ratio too high?
Sonaecom's current Cyclically Adjusted PB Ratio of 0.65 is near median its 10-year median of 0.64. Over the past 10 years, this metric has ranged from a low of 0.41 to a high of 0.84. The Media - Diversified industry median Cyclically Adjusted PB Ratio is 1.02. Sonaecom's value of 0.65 is 36.3% below this industry median. Based on the distribution chart, Sonaecom ranks #230 out of 656 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, Sonaecom has a GF Score™ of 62/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sonaecom's Cyclically Adjusted PB Ratio compare to NYT and WLY?
According to the Media - Diversified industry distribution chart, Sonaecom ranks #230 out of 656 companies for Cyclically Adjusted PB Ratio. This puts Sonaecom in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.02. Sonaecom's value of 0.65 is 36.3% below this benchmark. Historically, Sonaecom's own Cyclically Adjusted PB Ratio has ranged from 0.41 to 0.84 over the past decade. While the company's 10-year median is 0.64 vs. the industry median of 1.02, Sonaecom has consistently been below 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 Media - Diversified company?
The median Cyclically Adjusted PB Ratio among Media - Diversified companies is 1.02, based on 656 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. Sonaecom's current Cyclically Adjusted PB Ratio of 0.65 is 36.3% below 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 Sonaecom and its competitors. For the Media - Diversified industry, the median Cyclically Adjusted PB Ratio is 1.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sonaecom's current Cyclically Adjusted PB Ratio is 0.65, which is near median its own 10-year median of 0.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sonaecom stock overvalued right now?
Based on GuruFocus' analysis, Sonaecom (STU:XOA1) is currently considered Fairly Valued. The stock's GF Value™ is €2.74, compared to a current price of €2.80 — trading 2.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.65, which is near median its 10-year median of 0.64 and 36.3% below the Media - Diversified industry median of 1.02. Sonaecom's overall GF Score™ is 62/100 with 4 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 Sonaecom (STU:XOA1), the current Cyclically Adjusted PB Ratio is 0.65 as of Sep. 03, 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 Sonaecom (STU:XOA1) Overvalued in 2026?

Based on GuruFocus' analysis, Sonaecom stock appears to be overvalued. The current stock price of €2.80 is trading 2.2% above its estimated GF Value™ of €2.74. GuruFocus considers Sonaecom to be Fairly Valued.

Key valuation signals for STU:XOA1:

  • Cyclically Adjusted PB Ratio: 0.65 (near median its 10-year median of 0.64)
  • GF Value™: €2.74 vs. price of €2.80 (2.2% above fair value)
  • GF Score™: 62/100 with 4 warning signs
  • Industry Position: 36.3% below the Media - Diversified median (#230 of 656)

No single metric tells the full story. See the STU:XOA1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sonaecom Business Description

Address Lugar do Espido, Via Norte, Maia, PRT, 4471-909
Sonaecom SA is engaged in technology, media and telecommunications . The business portfolio includes the Software and Technology area, with Bright Pixel Capital the Online & Media area where there are businesses such as the Publico daily, generalist newspaper. Its segments include NOS, Media segment derives revenue from Advertising revenues: essentially include the solicitation of advertising for Jornal Publico; and Technologies segment which derives revenue from Maintenance services revenue associated with the maintenance of IT services provided or sold, Consulting services revenue from services provided in consulting projects, and Software as a Service revenue from the implementation of Software as a Service (SaaS) contracts. Geographically, it derives majority revenue from Portugal.
62GF Score

Get the complete analysis for STU:XOA1

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

€2.80
Price
€2.74
GF Value