Envipco Holding NV (XAMS:ENVI) Cyclically Adjusted PB Ratio: (As of Aug. 13, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XAMS:ENVI Envipco Holding NV XAMS:ENVI
51 GF Score
Price €3.69
GF Value €4.32
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Envipco Holding NV Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Envipco Holding NV  (XAMS:ENVI) 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.


Envipco Holding NV Cyclically Adjusted PB Ratio Related Terms


Envipco Holding NV Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Envipco Holding NV'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.

Envipco Holding NV Cyclically Adjusted PB Ratio Chart

Envipco Holding NV 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 4.60 3.77 3.91 5.81 5.25

Envipco Holding NV Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 7.83 6.22 5.25 4.25 0.00

XAMS:ENVI vs VLTO, ZWS, CECO: Cyclically Adjusted PB Ratio Comparison

For the Pollution & Treatment Controls subindustry, Envipco Holding NV'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.


Envipco Holding NV Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Envipco Holding NV's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


XAMS:ENVI
51GF Score
Envipco Holding NV XAMS:ENVI
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Envipco Holding NV 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.

Envipco Holding NV's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Envipco Holding NV's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=1.437/137.7700*137.7700
=1.437

Current CPI (Jun. 2026) = 137.7700.

Envipco Holding NV Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.516 100.570 0.707
201612 0.652 100.710 0.892
201703 0.620 101.440 0.842
201706 0.599 101.370 0.814
201709 0.609 102.030 0.822
201712 0.537 101.970 0.726
201803 5.391 102.470 7.248
201806 0.563 103.100 0.752
201809 0.606 103.950 0.803
201812 0.634 103.970 0.840
201903 0.612 105.370 0.800
201906 0.613 105.840 0.798
201909 0.643 106.700 0.830
201912 0.594 106.800 0.766
202003 0.568 106.850 0.732
202006 0.536 107.510 0.687
202009 0.535 107.880 0.683
202012 0.512 107.850 0.654
202103 0.676 108.870 0.855
202106 0.670 109.670 0.842
202109 0.671 110.790 0.834
202112 0.661 114.010 0.799
202203 0.644 119.460 0.743
202206 0.696 119.050 0.805
202209 0.729 126.890 0.792
202212 0.606 124.940 0.668
202303 0.000 124.720 0.000
202306 0.722 125.830 0.791
202309 0.770 127.160 0.834
202312 0.811 126.450 0.884
202403 1.185 128.580 1.270
202406 1.164 129.910 1.234
202409 1.134 131.610 1.187
202412 1.130 131.630 1.183
202503 1.115 133.330 1.152
202506 1.003 133.960 1.032
202509 1.598 135.920 1.620
202512 1.565 135.270 1.594
202603 1.491 136.910 1.500
202606 1.437 137.770 1.437

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 Envipco Holding NV (XAMS:ENVI) Overvalued in 2026?

Based on GuruFocus' analysis, Envipco Holding NV stock appears to be undervalued. The current stock price of €3.69 is trading 14.7% below its estimated GF Value™ of €4.32. GuruFocus considers Envipco Holding NV to be Modestly Undervalued.

Key valuation signals for XAMS:ENVI:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €4.32 vs. price of €3.69 (14.7% below fair value)
  • GF Score™: 51/100 with 5 warning signs

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


Envipco Holding NV Business Description

Other Exchanges ENVIP:NorwayE1P0:Germany
Address Van Asch van Wijckstraat 4, Amersfoort, NLD, 3811 LP
Envipco Holding NV is a recycling technology company. It is a recognized leader in the development and operation of reverse vending machines (RVMs), automated technological systems for the recovery of used beverage containers. It is known for its latest technology and market leadership, and holds several intellectual property rights for RVM systems, including but not limited to beverage refund deposit markings, material type identification, compaction, and accounting. Geographically, it operates through Europe, which is its key revenue generating market, and North America.
51GF Score

Get the complete analysis for XAMS:ENVI

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

€3.69
Price
€4.32
GF Value