Atos Group (WBO:ATO2) Cyclically Adjusted PB Ratio: 0.01 (As of Jun. 25, 2026) — 99% Below Median


WBO:ATO2 Atos Group WBO:ATO2
46 GF Score
Price €33.30
GF Value €16.56
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Atos Group Cyclically Adjusted PB Ratio?

Atos Group WBO:ATO2 -1.60% 46 Cyclically Adjusted PB Ratio is 0.01 as of Jun. 25, 2026, which is 99% below its 10-year median of 1.20. GuruFocus rates WBO:ATO2 with a GF Score™ of 46/100 and a GF Value™ of €16.56 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,595 Software companies, Atos Group ranks better than 99.94% on this metric.

As of today (2026-06-25), Atos Group's current share price is €33.30. Atos Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was €2,878.37. Atos Group's Cyclically Adjusted PB Ratio for today is 0.01.

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

WBO:ATO2' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.01   Med: 1.2   Max: 3.4
Current: 0.01

During the past 13 years, Atos Group's highest Cyclically Adjusted PB Ratio was 3.40. The lowest was 0.01. And the median was 1.20.

WBO:ATO2's Cyclically Adjusted PB Ratio is ranked better than
99.94% of 1595 companies
in the Software industry
Industry Median: 2.33 vs WBO:ATO2: 0.01

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.

Atos Group's adjusted book value per share data of for the fiscal year that ended in Dec25 was €-40.542. 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 €2,878.37 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Atos Group  (WBO:ATO2) 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.


Atos Group Cyclically Adjusted PB Ratio Related Terms


Atos Group Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Atos Group'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.

Atos Group Cyclically Adjusted PB Ratio Chart

Atos Group 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 0.82 0.18 0.15 0.01 0.02

Atos Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.15 0.00 0.01 0.00 0.02

WBO:ATO2 vs IBM, ACN, FISV: Cyclically Adjusted PB Ratio Comparison

For the Information Technology Services subindustry, Atos Group'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.


Atos Group Cyclically Adjusted PB Ratio vs Software Industry

For the Software industry and Technology sector, Atos Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


WBO:ATO2
46GF Score
Atos Group WBO:ATO2
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Atos Group 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.

Atos Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=33.30/2878.37
=0.01

* 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.

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

For example, Atos Group'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)
=-40.542/120.9000*120.9000
=-40.542

Current CPI (Dec25) = 120.9000.

Atos Group Annual Data

Book Value per Share CPI Adj_Book
201612 3,063.023 100.650 3,679.279
201712 3,294.700 101.850 3,910.940
201812 4,223.922 103.470 4,935.461
201912 4,839.261 104.980 5,573.125
202012 4,635.811 104.960 5,339.839
202112 2,981.855 107.850 3,342.664
202212 2,545.638 114.160 2,695.932
202312 36.691 118.390 37.469
202412 44.629 119.950 44.982
202512 -40.542 120.900 -40.542

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 0.01 mean?
Atos Group (WBO:ATO2) has a Cyclically Adjusted PB Ratio of 0.01 as of Jun. 25, 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 Atos Group and its competitors. This is 99% below median its historical median of 1.20. Over the past decade, Atos Group's Cyclically Adjusted PB Ratio has ranged from 0.01 to 3.40. According to the industry distribution chart, Atos Group ranks #1 out of 1595 companies in the Software industry, placing it in the top 0.099999999999994%.
Is Atos Group's Cyclically Adjusted PB Ratio too high?
Atos Group's current Cyclically Adjusted PB Ratio of 0.01 is 99% below median its 10-year median of 1.20. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 3.40. The Software industry median Cyclically Adjusted PB Ratio is 2.33. Atos Group's value of 0.01 is 99.6% below this industry median. Based on the distribution chart, Atos Group ranks #1 out of 1595 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Atos Group has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Atos Group's Cyclically Adjusted PB Ratio compare to IBM and ACN?
According to the Software industry distribution chart, Atos Group ranks #1 out of 1595 companies for Cyclically Adjusted PB Ratio. This places Atos Group in the top 0% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 2.33. Atos Group's value of 0.01 is 99.6% below this benchmark. Historically, Atos Group's own Cyclically Adjusted PB Ratio has ranged from 0.01 to 3.40 over the past decade. While the company's 10-year median is 1.20 vs. the industry median of 2.33, Atos Group 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 Software company?
The median Cyclically Adjusted PB Ratio among Software companies is 2.33, based on 1,595 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. Atos Group's current Cyclically Adjusted PB Ratio of 0.01 is 99.6% 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 Atos Group and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Atos Group's current Cyclically Adjusted PB Ratio is 0.01, which is 99% below median its own 10-year median of 1.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Atos Group stock overvalued right now?
Based on GuruFocus' analysis, Atos Group (WBO:ATO2) is currently considered Significantly Overvalued. The stock's GF Value™ is €16.56, compared to a current price of €33.30 — trading 101.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.01, which is 99% below median its 10-year median of 1.20 and 99.6% below the Software industry median of 2.33. Atos Group's overall GF Score™ is 46/100 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 Atos Group (WBO:ATO2), the current Cyclically Adjusted PB Ratio is 0.01 as of Jun. 25, 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 Atos Group (WBO:ATO2) Overvalued in 2026?

Based on GuruFocus' analysis, Atos Group stock appears to be overvalued. The current stock price of €33.30 is trading 101.1% above its estimated GF Value™ of €16.56. GuruFocus considers Atos Group to be Significantly Overvalued.

Key valuation signals for WBO:ATO2:

  • Cyclically Adjusted PB Ratio: 0.01 (99% below median its 10-year median of 1.20)
  • GF Value™: €16.56 vs. price of €33.30 (101.1% above fair value)
  • GF Score™: 46/100 with 4 warning signs
  • Industry Position: 99.6% below the Software median (#1 of 1595)

No single metric tells the full story. See the WBO:ATO2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Atos Group Business Description

Address River Ouest, 80 Quai Voltaire, Bezons Cedex, Paris, FRA, 95870
Atos Group is a digital transformation company. It provides digital transformation and technology services. The company's offerings include the development and implementation of AI-enabled digital solutions, as well as related technology, integration, and support services for organizations.
46GF Score

Get the complete analysis for WBO:ATO2

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

€33.30
Price
€16.56
GF Value