City Service SE (WAR:CTS) Cyclically Adjusted PB Ratio: 0.10 (As of Jul. 29, 2026) — 88% Below Median

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WAR:CTS City Service SE WAR:CTS
77 GF Score
Price zł5.90
GF Value zł6.83
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is City Service SE Cyclically Adjusted PB Ratio?

City Service SE WAR:CTS -6.35% 77 Cyclically Adjusted PB Ratio is 0.10 as of Jul. 29, 2026, which is 88% below its 10-year median of 0.83. GuruFocus rates WAR:CTS with a GF Score™ of 77/100 and a GF Value™ of zł6.83 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,422 Real Estate companies, City Service SE ranks better than 90.65% on this metric.

As of today (2026-07-29), City Service SE's current share price is zł5.90. City Service SE's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was zł60.77. City Service SE's Cyclically Adjusted PB Ratio for today is 0.10.

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

WAR:CTS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.09   Med: 0.83   Max: 1.89
Current: 0.1

During the past years, City Service SE's highest Cyclically Adjusted PB Ratio was 1.89. The lowest was 0.09. And the median was 0.83.

WAR:CTS's Cyclically Adjusted PB Ratio is ranked better than
90.65% of 1422 companies
in the Real Estate industry
Industry Median: 0.69 vs WAR:CTS: 0.10

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.

City Service SE's adjusted book value per share data for the three months ended in Mar. 2026 was zł4.759. 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 zł60.77 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


City Service SE  (WAR:CTS) 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.


City Service SE Cyclically Adjusted PB Ratio Related Terms


City Service SE Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for City Service SE'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.

City Service SE Cyclically Adjusted PB Ratio Chart

City Service SE 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 1.84 1.01 0.15 0.10 0.10

City Service SE 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 0.09 0.09 0.09 0.10 0.10

WAR:CTS vs CBRE, BEKE, JLL: Cyclically Adjusted PB Ratio Comparison

For the Real Estate Services subindustry, City Service SE'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.


City Service SE Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, City Service SE's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


WAR:CTS
77GF Score
City Service SE WAR:CTS
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

City Service SE 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.

City Service SE's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.90/60.77
=0.10

* 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.

City Service SE's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, City Service SE'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)
=4.759/330.2130*330.2130
=4.759

Current CPI (Mar. 2026) = 330.2130.

City Service SE Quarterly Data

Book Value per Share CPI Adj_Book
201606 9.302 241.018 12.744
201609 9.415 241.428 12.877
201612 8.717 241.432 11.922
201703 9.086 243.801 12.306
201706 7.088 244.955 9.555
201709 7.662 246.819 10.251
201712 7.858 246.524 10.526
201803 8.401 249.554 11.116
201806 6.729 251.989 8.818
201809 6.935 252.439 9.072
201812 6.673 251.233 8.771
201903 6.785 254.202 8.814
201906 6.896 256.143 8.890
201909 6.799 256.759 8.744
201912 6.740 256.974 8.661
202003 6.807 258.115 8.708
202006 6.862 257.797 8.790
202009 7.434 260.280 9.431
202012 6.988 260.474 8.859
202103 7.021 264.877 8.753
202106 5.125 271.696 6.229
202109 4.818 274.310 5.800
202112 2.630 278.802 3.115
202203 2.467 287.504 2.833
202206 2.535 296.311 2.825
202209 2.622 296.808 2.917
202212 2.275 296.797 2.531
202303 2.368 301.836 2.591
202306 2.563 305.109 2.774
202309 2.882 307.789 3.092
202312 3.123 306.746 3.362
202403 3.237 312.332 3.422
202406 3.371 314.175 3.543
202409 3.777 315.301 3.956
202412 3.606 315.605 3.773
202503 3.936 319.799 4.064
202506 3.804 322.561 3.894
202509 4.256 324.800 4.327
202512 4.602 324.054 4.689
202603 4.759 330.213 4.759

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 0.10 mean?
City Service SE (WAR:CTS) has a Cyclically Adjusted PB Ratio of 0.10 as of Jul. 29, 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 City Service SE and its competitors. This is 88% below median its historical median of 0.83. Over the past decade, City Service SE's Cyclically Adjusted PB Ratio has ranged from 0.09 to 1.89. According to the industry distribution chart, City Service SE ranks #133 out of 1422 companies in the Real Estate industry, placing it in the top 9.4%.
Is City Service SE's Cyclically Adjusted PB Ratio too high?
City Service SE's current Cyclically Adjusted PB Ratio of 0.10 is 88% below median its 10-year median of 0.83. Over the past 10 years, this metric has ranged from a low of 0.09 to a high of 1.89. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.69. City Service SE's value of 0.10 is 85.5% below this industry median. Based on the distribution chart, City Service SE ranks #133 out of 1422 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, City Service SE has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does City Service SE's Cyclically Adjusted PB Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, City Service SE ranks #133 out of 1422 companies for Cyclically Adjusted PB Ratio. This places City Service SE in the top 9% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 0.69. City Service SE's value of 0.10 is 85.5% below this benchmark. Historically, City Service SE's own Cyclically Adjusted PB Ratio has ranged from 0.09 to 1.89 over the past decade. While the company's 10-year median is 0.83 vs. the industry median of 0.69, City Service SE 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 Real Estate company?
The median Cyclically Adjusted PB Ratio among Real Estate companies is 0.69, based on 1,422 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. City Service SE's current Cyclically Adjusted PB Ratio of 0.10 is 85.5% 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 City Service SE and its competitors. For the Real Estate industry, the median Cyclically Adjusted PB Ratio is 0.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. City Service SE's current Cyclically Adjusted PB Ratio is 0.10, which is 88% below median its own 10-year median of 0.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is City Service SE stock overvalued right now?
Based on GuruFocus' analysis, City Service SE (WAR:CTS) is currently considered Modestly Undervalued. The stock's GF Value™ is zł6.83, compared to a current price of zł5.90 — trading 13.6% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.10, which is 88% below median its 10-year median of 0.83 and 85.5% below the Real Estate industry median of 0.69. City Service SE's overall GF Score™ is 77/100 with 2 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 City Service SE (WAR:CTS), the current Cyclically Adjusted PB Ratio is 0.10 as of Jul. 29, 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 City Service SE (WAR:CTS) Overvalued in 2026?

Based on GuruFocus' analysis, City Service SE stock appears to be undervalued. The current stock price of zł5.90 is trading 13.6% below its estimated GF Value™ of zł6.83. GuruFocus considers City Service SE to be Modestly Undervalued.

Key valuation signals for WAR:CTS:

  • Cyclically Adjusted PB Ratio: 0.10 (88% below median its 10-year median of 0.83)
  • GF Value™: zł6.83 vs. price of zł5.90 (13.6% below fair value)
  • GF Score™: 77/100 with 2 warning signs
  • Industry Position: 85.5% below the Real Estate median (#133 of 1422)

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


City Service SE Business Description

Address Ozo Street 12A, Vilnius, LTU, 08200
City Service SE is a holding company. The company controls a group engaged in the provision of facility management and integrated utility services in Western, Central, and Eastern Europe. The principal areas of company activities include Apartment building administration, Commercial facility management, Territory cleaning & Maintenance, and Other activities. The Group is organized into business units based on services provided and has one main reportable segment: Buildings' administration, which includes services of administration and maintenance of commercial and residential buildings. Geographically, the company provides its services in Lithuania, which is its key revenue-generating market, and Latvia.
77GF Score

Get the complete analysis for WAR:CTS

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

zł5.90
Price
zł6.83
GF Value