Albena (XBUL:ALB) Cyclically Adjusted PB Ratio: 0.19 (As of Aug. 13, 2026) — 54% Below Median

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Director of Data and Quant Analytics at GuruFocus
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XBUL:ALB Albena XBUL:ALB
61 GF Score
Price €12.80
GF Value €30.90
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Albena Cyclically Adjusted PB Ratio?

Albena XBUL:ALB 61 Cyclically Adjusted PB Ratio is 0.19 as of Aug. 13, 2026, which is 54% below its 10-year median of 0.41. GuruFocus rates XBUL:ALB with a GF Score™ of 61/100 and a GF Value™ of €30.90 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 641 Travel & Leisure companies, Albena ranks better than 91.89% on this metric.

As of today (2026-08-13), Albena's current share price is €12.80. Albena's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €67.11. Albena's Cyclically Adjusted PB Ratio for today is 0.19.

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

XBUL:ALB' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.17   Med: 0.41   Max: 0.51
Current: 0.19

During the past years, Albena's highest Cyclically Adjusted PB Ratio was 0.51. The lowest was 0.17. And the median was 0.41.

XBUL:ALB's Cyclically Adjusted PB Ratio is ranked better than
91.89% of 641 companies
in the Travel & Leisure industry
Industry Median: 1.2 vs XBUL:ALB: 0.19

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.

Albena's adjusted book value per share data for the three months ended in Mar. 2026 was €61.276. 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 €67.11 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Albena  (XBUL:ALB) 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.


Albena Cyclically Adjusted PB Ratio Related Terms


Albena Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Albena'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.

Albena Cyclically Adjusted PB Ratio Chart

Albena 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 0.00 0.43 0.40 0.38 0.39

Albena 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 0.40 0.41 0.42 0.39 0.20

XBUL:ALB vs LVS, MGM, WYNN: Cyclically Adjusted PB Ratio Comparison

For the Resorts & Casinos subindustry, Albena'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.


Albena Cyclically Adjusted PB Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Albena's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


XBUL:ALB
61GF Score
Albena XBUL:ALB
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Albena 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.

Albena's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=12.80/67.11
=0.19

* 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.

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

For example, Albena'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)
=61.276/330.2130*330.2130
=61.276

Current CPI (Mar. 2026) = 330.2130.

Albena Quarterly Data

Book Value per Share CPI Adj_Book
201503 47.980 236.119 67.100
201506 47.039 238.638 65.090
201509 50.777 237.945 70.467
201512 55.747 236.525 77.828
201603 49.267 238.132 68.318
201606 47.715 241.018 65.373
201609 51.640 241.428 70.631
201612 55.955 241.432 76.531
201703 55.575 243.801 75.273
201706 54.131 244.955 72.972
201709 58.534 246.819 78.311
201712 56.862 246.524 76.165
201812 57.639 251.233 75.759
201909 59.039 256.759 75.929
201912 58.283 256.974 74.894
202003 0.000 258.115 0.000
202006 56.034 257.797 71.774
202009 57.704 260.280 73.208
202012 56.951 260.474 72.199
202103 55.966 264.877 69.771
202106 54.902 271.696 66.727
202109 58.233 274.310 70.101
202112 57.429 278.802 68.019
202203 56.321 287.504 64.688
202206 54.891 296.311 61.171
202209 57.890 296.808 64.405
202212 56.733 296.797 63.120
202303 55.825 301.836 61.073
202306 53.999 305.109 58.442
202309 57.944 307.789 62.166
202312 56.897 306.746 61.250
202403 55.825 312.332 59.021
202406 54.209 314.175 56.976
202409 59.184 315.301 61.983
202412 57.829 315.605 60.506
202503 57.098 319.799 58.957
202506 54.578 322.561 55.873
202509 59.607 324.800 60.600
202512 62.221 324.054 63.404
202603 61.276 330.213 61.276

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 0.19 mean?
Albena (XBUL:ALB) has a Cyclically Adjusted PB Ratio of 0.19 as of Aug. 13, 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 Albena and its competitors. This is 54% below median its historical median of 0.41. Over the past decade, Albena's Cyclically Adjusted PB Ratio has ranged from 0.17 to 0.51. According to the industry distribution chart, Albena ranks #52 out of 641 companies in the Travel & Leisure industry, placing it in the top 8.1%.
Is Albena's Cyclically Adjusted PB Ratio too high?
Albena's current Cyclically Adjusted PB Ratio of 0.19 is 54% below median its 10-year median of 0.41. Over the past 10 years, this metric has ranged from a low of 0.17 to a high of 0.51. The Travel & Leisure industry median Cyclically Adjusted PB Ratio is 1.20. Albena's value of 0.19 is 84.2% below this industry median. Based on the distribution chart, Albena ranks #52 out of 641 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Albena has a GF Score™ of 61/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Albena's Cyclically Adjusted PB Ratio compare to LVS and MGM?
According to the Travel & Leisure industry distribution chart, Albena ranks #52 out of 641 companies for Cyclically Adjusted PB Ratio. This places Albena in the top 8% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.20. Albena's value of 0.19 is 84.2% below this benchmark. Historically, Albena's own Cyclically Adjusted PB Ratio has ranged from 0.17 to 0.51 over the past decade. While the company's 10-year median is 0.41 vs. the industry median of 1.20, Albena 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 Travel & Leisure company?
The median Cyclically Adjusted PB Ratio among Travel & Leisure companies is 1.20, based on 641 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. Albena's current Cyclically Adjusted PB Ratio of 0.19 is 84.2% 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 Albena and its competitors. For the Travel & Leisure industry, the median Cyclically Adjusted PB Ratio is 1.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Albena's current Cyclically Adjusted PB Ratio is 0.19, which is 54% below median its own 10-year median of 0.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Albena stock overvalued right now?
Based on GuruFocus' analysis, Albena (XBUL:ALB) is currently considered Possible Value Trap. The stock's GF Value™ is €30.90, compared to a current price of €12.80 — trading 58.6% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.19, which is 54% below median its 10-year median of 0.41 and 84.2% below the Travel & Leisure industry median of 1.20. Albena's overall GF Score™ is 61/100 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 Albena (XBUL:ALB), the current Cyclically Adjusted PB Ratio is 0.19 as of Aug. 13, 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 Albena (XBUL:ALB) Overvalued in 2026?

Based on GuruFocus' analysis, Albena stock appears to be undervalued. The current stock price of €12.80 is trading 58.6% below its estimated GF Value™ of €30.90. GuruFocus considers Albena to be Possible Value Trap.

Key valuation signals for XBUL:ALB:

  • Cyclically Adjusted PB Ratio: 0.19 (54% below median its 10-year median of 0.41)
  • GF Value™: €30.90 vs. price of €12.80 (58.6% below fair value)
  • GF Score™: 61/100 with 4 warning signs
  • Industry Position: 84.2% below the Travel & Leisure median (#52 of 641)

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


Albena Business Description

Address 33-35, St. Ivan Rilski street, Sofia, BGR, 1000
Albena operates hotels and restaurants and provides international tourism services. Its facilities include hotels, restaurants, bars, internet cafes, medical services, congress halls, swimming pools and sports services.
61GF Score

Get the complete analysis for XBUL:ALB

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

€12.80
Price
€30.90
GF Value