Siegfried Holding AG (WBO:SFZN) Cyclically Adjusted PB Ratio: (As of Aug. 10, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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WBO:SFZN Siegfried Holding AG WBO:SFZN
71 GF Score
Price €85.80
GF Value €101.13
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Siegfried Holding AG Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Siegfried Holding AG  (WBO:SFZN) 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.


Siegfried Holding AG Cyclically Adjusted PB Ratio Related Terms


Siegfried Holding AG Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Siegfried Holding 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.

Siegfried Holding AG Cyclically Adjusted PB Ratio Chart

Siegfried Holding 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 6.21 3.91 5.10 5.42 3.84

Siegfried Holding AG 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 5.10 0.00 5.42 0.00 3.84

WBO:SFZN vs ZTS, UTHR, VTRS: Cyclically Adjusted PB Ratio Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Siegfried Holding 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.


Siegfried Holding AG Cyclically Adjusted PB Ratio vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Siegfried Holding AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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

Siegfried Holding 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.

Siegfried Holding AG's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Siegfried Holding AG'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)
=27.597/107.2000*107.2000
=27.597

Current CPI (Dec25) = 107.2000.

Siegfried Holding AG Annual Data

Book Value per Share CPI Adj_Book
201612 15.837 99.380 17.083
201712 13.802 100.213 14.764
201812 14.609 100.906 15.520
201912 15.428 101.063 16.365
202012 16.223 100.241 17.349
202112 15.706 101.776 16.543
202212 19.030 104.666 19.491
202312 20.942 106.461 21.087
202412 24.043 107.128 24.059
202512 27.597 107.200 27.597

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.

Is Siegfried Holding AG (WBO:SFZN) Overvalued in 2026?

Based on GuruFocus' analysis, Siegfried Holding AG stock appears to be undervalued. The current stock price of €85.80 is trading 15.2% below its estimated GF Value™ of €101.13. GuruFocus considers Siegfried Holding AG to be Modestly Undervalued.

Key valuation signals for WBO:SFZN:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €101.13 vs. price of €85.80 (15.2% below fair value)
  • GF Score™: 71/100 with 2 warning signs

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


Siegfried Holding AG Business Description

Address Untere Bruehlstrasse 4, Zofingen, CHE, CH-4800
Siegfried is a global contract development and manufacturing organization. It derives its revenue primarily from long-term supply agreements with biotechnology and pharmaceutical customers. Siegfried develops and manufactures active pharmaceutical ingredients, finished dosage forms (tablets, capsules, sterile vials, ampules, cartridges, and ointments), and viral vectors. The company provides these services throughout the entire drug lifecycle, including chemical and analytical development, pilot manufacturing, and commercial-scale manufacturing. Siegfried has a large global footprint with 13 production sites on three continents.
71GF Score

Get the complete analysis for WBO:SFZN

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

€85.80
Price
€101.13
GF Value