1&1 AG (WBO:DRI) Cyclically Adjusted PB Ratio: 0.69 (As of Jul. 23, 2026) — 60% Below Median

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WBO:DRI 1&1 AG WBO:DRI
71 GF Score
Price €20.65
GF Value €17.36
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is 1&1 AG Cyclically Adjusted PB Ratio?

1&1 AG WBO:DRI +0.98% 71 Cyclically Adjusted PB Ratio is 0.69 as of Jul. 23, 2026, which is 60% below its 10-year median of 1.72. GuruFocus rates WBO:DRI with a GF Score™ of 71/100 and a GF Value™ of €17.36 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 288 Telecommunication Services companies, 1&1 AG ranks better than 79.86% on this metric.

As of today (2026-07-23), 1&1 AG's current share price is €20.65. 1&1 AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €30.06. 1&1 AG's Cyclically Adjusted PB Ratio for today is 0.69.

The historical rank and industry rank for 1&1 AG's Cyclically Adjusted PB Ratio or its related term are showing as below:

WBO:DRI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.44   Med: 1.72   Max: 15.8
Current: 0.68

During the past years, 1&1 AG's highest Cyclically Adjusted PB Ratio was 15.80. The lowest was 0.44. And the median was 1.72.

WBO:DRI's Cyclically Adjusted PB Ratio is ranked better than
79.86% of 288 companies
in the Telecommunication Services industry
Industry Median: 1.785 vs WBO:DRI: 0.68

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.

1&1 AG's adjusted book value per share data for the three months ended in Mar. 2026 was €34.074. 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 €30.06 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


1&1 AG  (WBO:DRI) 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.


1&1 AG Cyclically Adjusted PB Ratio Related Terms


1&1 AG Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for 1&1 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.

1&1 AG Cyclically Adjusted PB Ratio Chart

1&1 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 1.62 0.62 0.81 0.49 0.86

1&1 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 0.57 0.68 0.71 0.86 0.79

WBO:DRI vs TMUS, VZ, T: Cyclically Adjusted PB Ratio Comparison

For the Telecom Services subindustry, 1&1 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.


1&1 AG Cyclically Adjusted PB Ratio vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, 1&1 AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where 1&1 AG's Cyclically Adjusted PB Ratio falls into.


WBO:DRI
71GF Score
1&1 AG WBO:DRI
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

1&1 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.

1&1 AG's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=20.65/30.06
=0.69

* 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.

1&1 AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, 1&1 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)
=34.074/131.2583*131.2583
=34.074

Current CPI (Mar. 2026) = 131.2583.

1&1 AG Quarterly Data

Book Value per Share CPI Adj_Book
201606 5.010 100.717 6.529
201609 5.250 101.017 6.822
201612 -8.258 101.217 -10.709
201703 5.454 101.417 7.059
201706 10.960 102.117 14.088
201709 21.187 102.717 27.074
201712 21.526 102.617 27.534
201803 24.107 102.917 30.746
201806 23.049 104.017 29.085
201809 23.624 104.718 29.612
201812 24.268 104.217 30.565
201903 24.769 104.217 31.196
201906 25.238 105.718 31.335
201909 25.749 106.018 31.879
201912 26.329 105.818 32.659
202003 26.755 105.718 33.219
202006 27.331 106.618 33.647
202009 27.650 105.818 34.298
202012 27.537 105.518 34.255
202103 28.184 107.518 34.407
202106 28.671 108.486 34.689
202109 29.221 109.435 35.048
202112 29.604 110.384 35.202
202203 30.184 113.968 34.763
202206 30.690 115.760 34.799
202209 31.248 118.818 34.520
202212 31.650 119.345 34.809
202303 32.185 122.402 34.514
202306 32.625 123.140 34.776
202309 33.043 124.195 34.922
202312 33.392 123.773 35.411
202403 33.865 125.038 35.550
202406 34.125 125.882 35.583
202409 34.470 126.198 35.852
202412 34.566 127.041 35.713
202503 34.841 127.779 35.790
202506 34.951 128.412 35.726
202509 35.161 129.255 35.706
202512 33.966 129.361 34.464
202603 34.074 131.258 34.074

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 0.69 mean?
1&1 AG (WBO:DRI) has a Cyclically Adjusted PB Ratio of 0.69 as of Jul. 23, 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 1&1 AG and its competitors. This is 60% below median its historical median of 1.72. Over the past decade, 1&1 AG's Cyclically Adjusted PB Ratio has ranged from 0.44 to 15.80. According to the industry distribution chart, 1&1 AG ranks #58 out of 288 companies in the Telecommunication Services industry, placing it in the top 20.1%.
Is 1&1 AG's Cyclically Adjusted PB Ratio too high?
1&1 AG's current Cyclically Adjusted PB Ratio of 0.69 is 60% below median its 10-year median of 1.72. Over the past 10 years, this metric has ranged from a low of 0.44 to a high of 15.80. The Telecommunication Services industry median Cyclically Adjusted PB Ratio is 1.79. 1&1 AG's value of 0.69 is 61.3% below this industry median. Based on the distribution chart, 1&1 AG ranks #58 out of 288 companies in the Telecommunication Services industry, which is in the top quartile — a strong position relative to peers. Overall, 1&1 AG has a GF Score™ of 71/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does 1&1 AG's Cyclically Adjusted PB Ratio compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, 1&1 AG ranks #58 out of 288 companies for Cyclically Adjusted PB Ratio. This places 1&1 AG in the top 20% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.79. 1&1 AG's value of 0.69 is 61.3% below this benchmark. Historically, 1&1 AG's own Cyclically Adjusted PB Ratio has ranged from 0.44 to 15.80 over the past decade. While the company's 10-year median is 1.72 vs. the industry median of 1.79, 1&1 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 288 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. 1&1 AG's current Cyclically Adjusted PB Ratio of 0.69 is 61.3% 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 1&1 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. 1&1 AG's current Cyclically Adjusted PB Ratio is 0.69, which is 60% below median its own 10-year median of 1.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is 1&1 AG stock overvalued right now?
Based on GuruFocus' analysis, 1&1 AG (WBO:DRI) is currently considered Modestly Overvalued. The stock's GF Value™ is €17.36, compared to a current price of €20.65 — trading 19% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.69, which is 60% below median its 10-year median of 1.72 and 61.3% below the Telecommunication Services industry median of 1.79. 1&1 AG's overall GF Score™ is 71/100 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 1&1 AG (WBO:DRI), the current Cyclically Adjusted PB Ratio is 0.69 as of Jul. 23, 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 1&1 AG (WBO:DRI) Overvalued in 2026?

Based on GuruFocus' analysis, 1&1 AG stock appears to be overvalued. The current stock price of €20.65 is trading 19% above its estimated GF Value™ of €17.36. GuruFocus considers 1&1 AG to be Modestly Overvalued.

Key valuation signals for WBO:DRI:

  • Cyclically Adjusted PB Ratio: 0.69 (60% below median its 10-year median of 1.72)
  • GF Value™: €17.36 vs. price of €20.65 (19% above fair value)
  • GF Score™: 71/100 with 4 warning signs
  • Industry Position: 61.3% below the Telecommunication Services median (#58 of 288)

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


1&1 AG Business Description

Other Exchanges 0E6Y:UK1U1:Germany
Address Elgendorfer Strasse 57, Montabaur, DEU, 56410
1&1 AG is a network-independent telecommunications provider in Germany. The company has three business segments which include Access, 1&1 Mobile Network and 1&1 Versatel. 1&1' Access segment offers internet access products based on landline and mobile networks. The Group's chargeable mobile Internet and broadband products, including the related applications (such as home networks, online storage, telephony, smart home or IPTV) are grouped together in the Access segment. Majority revenue is from Access Segment.
71GF Score

Get the complete analysis for WBO:DRI

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

€20.65
Price
€17.36
GF Value