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Temenos AGTMSNY +0.56%81 Cyclically Adjusted PB Ratio is 11.03 as of Aug. 04, 2026, which is 16% below its 10-year median of 13.14. GuruFocus rates TMSNY with a GF Score™ of 81/100 and a GF Value™ of $86.20 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,573 Software companies, Temenos AG ranks worse than 90.91% on this metric.
The historical rank and industry rank for Temenos AG's Cyclically Adjusted PB Ratio or its related term are showing as below:
TMSNY'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 8.77 Med: 13.14 Max: 31.18
Current: 10.33
During the past years, Temenos AG's highest Cyclically Adjusted PB Ratio was 31.18. The lowest was 8.77. And the median was 13.14.
TMSNY's Cyclically Adjusted PB Ratio is ranked worse than 90.91% of 1573
companies
in the Software industry
Industry Median: 2.24
vs TMSNY: 10.33
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.
Temenos AG's adjusted book value per share data for the three months ended in Jun. 2026 was $5.474. 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 $7.78 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Temenos AG (OTCPK:TMSNY) 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.
Temenos AG Cyclically Adjusted PB Ratio Related Terms
Temenos AG Cyclically Adjusted PB Ratio Historical Data
* Premium members only.
The historical data trend for Temenos 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.
TMSNY vs QH, SHOP, UBER: Cyclically Adjusted PB Ratio Comparison
For the Software - Application subindustry, Temenos 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.
Temenos AG Cyclically Adjusted PB Ratio vs Software Industry
For the Software industry and Technology sector, Temenos AG's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Temenos AG's Cyclically Adjusted PB Ratio falls into.
Temenos 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.
Temenos AG's Cyclically Adjusted PB Ratio for today is calculated as
* 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.
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 11.03 mean?
Temenos AG (TMSNY) has a Cyclically Adjusted PB Ratio of 11.03 as of Aug. 04, 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 Temenos AG and its competitors. This is 16% below median its historical median of 13.14. Over the past decade, Temenos AG's Cyclically Adjusted PB Ratio has ranged from 8.77 to 31.18. According to the industry distribution chart, Temenos AG ranks #1430 out of 1573 companies in the Software industry, placing it in the top 90.9%.
Is Temenos AG's Cyclically Adjusted PB Ratio too high?
Temenos AG's current Cyclically Adjusted PB Ratio of 11.03 is 16% below median its 10-year median of 13.14. Over the past 10 years, this metric has ranged from a low of 8.77 to a high of 31.18. The Software industry median Cyclically Adjusted PB Ratio is 2.24. Temenos AG's value of 11.03 is 392.4% above this industry median. Based on the distribution chart, Temenos AG ranks #1430 out of 1573 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Temenos AG has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Temenos AG's Cyclically Adjusted PB Ratio compare to QH and SHOP?
According to the Software industry distribution chart, Temenos AG ranks #1430 out of 1573 companies for Cyclically Adjusted PB Ratio. This places Temenos AG in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.24. Temenos AG's value of 11.03 is 392.4% above this benchmark. Historically, Temenos AG's own Cyclically Adjusted PB Ratio has ranged from 8.77 to 31.18 over the past decade. While the company's 10-year median is 13.14 vs. the industry median of 2.24, Temenos AG 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 2.24, based on 1,573 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. Temenos AG's current Cyclically Adjusted PB Ratio of 11.03 is 392.4% 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 Temenos AG and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Temenos AG's current Cyclically Adjusted PB Ratio is 11.03, which is 16% below median its own 10-year median of 13.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Temenos AG stock overvalued right now?
Based on GuruFocus' analysis, Temenos AG (TMSNY) is currently considered Fairly Valued. The stock's GF Value™ is $86.20, compared to a current price of $85.80 — trading 0.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 11.03, which is 16% below median its 10-year median of 13.14 and 392.4% above the Software industry median of 2.24. Temenos AG's overall GF Score™ is 81/100 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 Temenos AG (TMSNY), the current Cyclically Adjusted PB Ratio is 11.03 as of Aug. 04, 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 Temenos AG (TMSNY) Overvalued in 2026?
Based on GuruFocus' analysis, Temenos AG stock appears to be undervalued.
The current stock price of $85.80 is trading 0.5% below its estimated GF Value™ of $86.20.
GuruFocus considers Temenos AG to be Fairly Valued.
Key valuation signals for TMSNY:
Cyclically Adjusted PB Ratio: 11.03 (16% below median its 10-year median of 13.14)
GF Value™: $86.20 vs. price of $85.80 (0.5% below fair value)
Industry Position: 392.4% above the Software median (#1430 of 1573)
No single metric tells the full story. See the TMSNY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Temenos is a Swiss company that provides banking software to financial institutions around the world. Its main product is core banking software that helps banks manage accounts, customer information, transaction processing, loans, security, and financial reporting. Besides core banking software, Temenos offers products for digital banking, payments, wealth management, compliance, and analytics to help banks improve customer experience and meet regulatory requirements.
81GF Score
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