UDIRY (United Internet AG) Cyclically Adjusted PB Ratio: 0.87 (As of Jul. 20, 2026) — 69% Below Median

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UDIRY United Internet AG UDIRY
58 GF Score
Price $27.21
GF Value $26.07
Valuation Fairly Valued
! 6 Warning Signs
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What is United Internet AG Cyclically Adjusted PB Ratio?

United Internet AG UDIRY 58 Cyclically Adjusted PB Ratio is 0.87 as of Jul. 20, 2026, which is 69% below its 10-year median of 2.81. GuruFocus rates UDIRY with a GF Score™ of 58/100 and a GF Value™ of $26.07 (Fairly Valued). The stock has 6 warning signs investors should review. Among 289 Telecommunication Services companies, United Internet AG ranks better than 68.86% on this metric.

As of today (2026-07-20), United Internet AG's current share price is $27.21. United Internet AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $31.20. United Internet AG's Cyclically Adjusted PB Ratio for today is 0.87.

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

UDIRY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.66   Med: 2.81   Max: 18.93
Current: 0.93

During the past years, United Internet AG's highest Cyclically Adjusted PB Ratio was 18.93. The lowest was 0.66. And the median was 2.81.

UDIRY's Cyclically Adjusted PB Ratio is ranked better than
68.86% of 289 companies
in the Telecommunication Services industry
Industry Median: 1.79 vs UDIRY: 0.93

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.

United Internet AG's adjusted book value per share data for the three months ended in Mar. 2026 was $31.536. 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 $31.20 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


United Internet AG  (OTCPK:UDIRY) 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 Internet AG Cyclically Adjusted PB Ratio Related Terms


United Internet AG Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for United Internet 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 Internet AG Cyclically Adjusted PB Ratio Chart

United Internet 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 2.68 1.14 1.16 0.69 1.10

United Internet AG 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 0.81 0.99 1.09 1.10 1.06

UDIRY vs TMUS, VZ, T: Cyclically Adjusted PB Ratio Comparison

For the Telecom Services subindustry, United Internet 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 Internet AG Cyclically Adjusted PB Ratio vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, United Internet AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


UDIRY
58GF Score
United Internet AG UDIRY
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

United Internet 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 Internet AG's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=27.21/31.20
=0.87

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

For example, United Internet AG'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)
=31.536/131.2583*131.2583
=31.536

Current CPI (Mar. 2026) = 131.2583.

United Internet AG Quarterly Data

Book Value per Share CPI Adj_Book
201606 5.762 100.717 7.509
201609 5.990 101.017 7.783
201612 6.265 101.217 8.124
201703 9.766 101.417 12.640
201706 12.649 102.117 16.259
201709 23.508 102.717 30.040
201712 23.620 102.617 30.213
201803 27.454 102.917 35.014
201806 25.772 104.017 32.521
201809 24.969 104.718 31.297
201812 24.413 104.217 30.747
201903 24.730 104.217 31.147
201906 25.555 105.718 31.729
201909 25.265 106.018 31.280
201912 25.519 105.818 31.654
202003 25.801 105.718 32.034
202006 26.488 106.618 32.610
202009 28.004 105.818 34.737
202012 29.363 105.518 36.526
202103 29.598 107.518 36.133
202106 27.779 108.486 33.610
202109 27.535 109.435 33.026
202112 27.035 110.384 32.148
202203 26.966 113.968 31.057
202206 25.926 115.760 29.397
202209 24.881 118.818 27.486
202212 26.949 119.345 29.639
202303 29.919 122.402 32.084
202306 30.112 123.140 32.097
202309 30.081 124.195 31.792
202312 30.908 123.773 32.777
202403 31.203 125.038 32.755
202406 29.518 125.882 30.779
202409 30.641 126.198 31.870
202412 28.967 127.041 29.929
202503 30.041 127.779 30.859
202506 30.343 128.412 31.016
202509 31.136 129.255 31.619
202512 31.711 129.361 32.176
202603 31.536 131.258 31.536

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 0.87 mean?
United Internet AG (UDIRY) has a Cyclically Adjusted PB Ratio of 0.87 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 United Internet AG and its competitors. This is 69% below median its historical median of 2.81. Over the past decade, United Internet AG's Cyclically Adjusted PB Ratio has ranged from 0.66 to 18.93. According to the industry distribution chart, United Internet AG ranks #90 out of 289 companies in the Telecommunication Services industry, placing it in the top 31.1%.
Is United Internet AG's Cyclically Adjusted PB Ratio too high?
United Internet AG's current Cyclically Adjusted PB Ratio of 0.87 is 69% below median its 10-year median of 2.81. Over the past 10 years, this metric has ranged from a low of 0.66 to a high of 18.93. The Telecommunication Services industry median Cyclically Adjusted PB Ratio is 1.79. United Internet AG's value of 0.87 is 51.4% below this industry median. Based on the distribution chart, United Internet AG ranks #90 out of 289 companies in the Telecommunication Services industry, which is above the industry midpoint. Overall, United Internet AG has a GF Score™ of 58/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does United Internet AG's Cyclically Adjusted PB Ratio compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, United Internet AG ranks #90 out of 289 companies for Cyclically Adjusted PB Ratio. This puts United Internet AG in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.79. United Internet AG's value of 0.87 is 51.4% below this benchmark. Historically, United Internet AG's own Cyclically Adjusted PB Ratio has ranged from 0.66 to 18.93 over the past decade. While the company's 10-year median is 2.81 vs. the industry median of 1.79, United Internet AG 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 Telecommunication Services company?
The median Cyclically Adjusted PB Ratio among Telecommunication Services companies is 1.79, based on 289 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. United Internet AG's current Cyclically Adjusted PB Ratio of 0.87 is 51.4% 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 United Internet AG and its competitors. For the Telecommunication Services industry, the median Cyclically Adjusted PB Ratio is 1.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. United Internet AG's current Cyclically Adjusted PB Ratio is 0.87, which is 69% below median its own 10-year median of 2.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is United Internet AG stock overvalued right now?
Based on GuruFocus' analysis, United Internet AG (UDIRY) is currently considered Fairly Valued. The stock's GF Value™ is $26.07, compared to a current price of $27.21 — trading 4.4% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.87, which is 69% below median its 10-year median of 2.81 and 51.4% below the Telecommunication Services industry median of 1.79. United Internet AG's overall GF Score™ is 58/100 with 6 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 United Internet AG (UDIRY), the current Cyclically Adjusted PB Ratio is 0.87 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 United Internet AG (UDIRY) Overvalued in 2026?

Based on GuruFocus' analysis, United Internet AG stock appears to be overvalued. The current stock price of $27.21 is trading 4.4% above its estimated GF Value™ of $26.07. GuruFocus considers United Internet AG to be Fairly Valued.

Key valuation signals for UDIRY:

  • Cyclically Adjusted PB Ratio: 0.87 (69% below median its 10-year median of 2.81)
  • GF Value™: $26.07 vs. price of $27.21 (4.4% above fair value)
  • GF Score™: 58/100 with 6 warning signs
  • Industry Position: 51.4% below the Telecommunication Services median (#90 of 289)

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


United Internet AG Business Description

Address Elgendorfer Strasse 57, Montabaur, RP, DEU, 56410
United Internet AG is a telecommunications provider that operates through two business divisions: Access and Applications, which in turn are divided into the segments Consumer Access and Business Access and Consumer Applications and Business Applications. The Consumer Access segment which generates the majority of the revenue for the company comprises mobile internet products as well as landline-based broadband products (including the respective applications, such as home networks, online storage, telephony, Smart Home, IPTV, and video-on-demand) and mobile internet products. The company also provides a wide range of telecommunication products and services to companies and local authorities.
58GF Score

Get the complete analysis for UDIRY

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

$27.21
Price
$26.07
GF Value