Zlatini Pyasatz (XBUL:ZLP) Cyclically Adjusted PB Ratio: 0.08 (As of Jul. 27, 2026) — 53% Below Median

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XBUL:ZLP Zlatini Pyasatz XBUL:ZLP
18 GF Score
Price €0.65
! 7 Warning Signs
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What is Zlatini Pyasatz Cyclically Adjusted PB Ratio?

Zlatini Pyasatz XBUL:ZLP 18 Cyclically Adjusted PB Ratio is 0.08 as of Jul. 27, 2026, which is 53% below its 10-year median of 0.17. GuruFocus rates XBUL:ZLP with a GF Score™ of 18/100. The stock has 7 warning signs investors should review. Among 647 Travel & Leisure companies, Zlatini Pyasatz ranks better than 96.14% on this metric.

As of today (2026-07-27), Zlatini Pyasatz's current share price is €0.65. Zlatini Pyasatz's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €8.64. Zlatini Pyasatz's Cyclically Adjusted PB Ratio for today is 0.08.

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

XBUL:ZLP' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.08   Med: 0.17   Max: 0.27
Current: 0.08

During the past years, Zlatini Pyasatz's highest Cyclically Adjusted PB Ratio was 0.27. The lowest was 0.08. And the median was 0.17.

XBUL:ZLP's Cyclically Adjusted PB Ratio is ranked better than
96.14% of 647 companies
in the Travel & Leisure industry
Industry Median: 1.19 vs XBUL:ZLP: 0.08

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.

Zlatini Pyasatz's adjusted book value per share data for the three months ended in Mar. 2026 was €6.066. 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 €8.64 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Zlatini Pyasatz  (XBUL:ZLP) 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.


Zlatini Pyasatz Cyclically Adjusted PB Ratio Related Terms


Zlatini Pyasatz Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Zlatini Pyasatz'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.

Zlatini Pyasatz Cyclically Adjusted PB Ratio Chart

Zlatini Pyasatz Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Zlatini Pyasatz Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Mar23 Jun23 Sep23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 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 0.18 0.00 0.25 0.15 0.08

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

For the Resorts & Casinos subindustry, Zlatini Pyasatz'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.


Zlatini Pyasatz Cyclically Adjusted PB Ratio vs Travel & Leisure Industry

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

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


XBUL:ZLP
18GF Score
Zlatini Pyasatz XBUL:ZLP
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Zlatini Pyasatz 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.

Zlatini Pyasatz's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.65/8.64
=0.08

* 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.

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

For example, Zlatini Pyasatz'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)
=6.066/330.2130*330.2130
=6.066

Current CPI (Mar. 2026) = 330.2130.

Zlatini Pyasatz Quarterly Data

Book Value per Share CPI Adj_Book
201503 0.000 236.119 0.000
201506 0.000 238.638 0.000
201509 0.000 237.945 0.000
201512 7.641 236.525 10.668
201603 7.486 238.132 10.381
201606 7.428 241.018 10.177
201609 7.767 241.428 10.623
201612 7.801 241.432 10.670
201703 7.573 243.801 10.257
201706 7.513 244.955 10.128
201709 7.875 246.819 10.536
201803 7.344 249.554 9.718
201806 7.311 251.989 9.581
201809 7.657 252.439 10.016
201812 7.336 251.233 9.642
201903 7.137 254.202 9.271
201906 7.071 256.143 9.116
201909 7.349 256.759 9.451
201912 7.008 256.974 9.005
202003 6.845 258.115 8.757
202006 6.706 257.797 8.590
202009 6.928 260.280 8.789
202012 6.587 260.474 8.351
202103 6.422 264.877 8.006
202106 0.000 271.696 0.000
202109 6.631 274.310 7.982
202112 6.952 278.802 8.234
202203 6.833 287.504 7.848
202206 6.909 296.311 7.699
202209 7.153 296.808 7.958
202303 6.446 301.836 7.052
202306 6.428 305.109 6.957
202309 6.737 307.789 7.228
202403 6.022 312.332 6.367
202406 6.477 314.175 6.808
202409 6.864 315.301 7.189
202503 0.000 319.799 0.000
202506 6.269 322.561 6.418
202509 6.632 324.800 6.743
202603 6.066 330.213 6.066

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 0.08 mean?
Zlatini Pyasatz (XBUL:ZLP) has a Cyclically Adjusted PB Ratio of 0.08 as of Jul. 27, 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 Zlatini Pyasatz and its competitors. This is 53% below median its historical median of 0.17. Over the past decade, Zlatini Pyasatz's Cyclically Adjusted PB Ratio has ranged from 0.08 to 0.27. According to the industry distribution chart, Zlatini Pyasatz ranks #25 out of 647 companies in the Travel & Leisure industry, placing it in the top 3.9%.
Is Zlatini Pyasatz's Cyclically Adjusted PB Ratio too high?
Zlatini Pyasatz's current Cyclically Adjusted PB Ratio of 0.08 is 53% below median its 10-year median of 0.17. Over the past 10 years, this metric has ranged from a low of 0.08 to a high of 0.27. The Travel & Leisure industry median Cyclically Adjusted PB Ratio is 1.19. Zlatini Pyasatz's value of 0.08 is 93.3% below this industry median. Based on the distribution chart, Zlatini Pyasatz ranks #25 out of 647 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Zlatini Pyasatz has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Zlatini Pyasatz's Cyclically Adjusted PB Ratio compare to LVS and MGM?
According to the Travel & Leisure industry distribution chart, Zlatini Pyasatz ranks #25 out of 647 companies for Cyclically Adjusted PB Ratio. This places Zlatini Pyasatz in the top 4% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.19. Zlatini Pyasatz's value of 0.08 is 93.3% below this benchmark. Historically, Zlatini Pyasatz's own Cyclically Adjusted PB Ratio has ranged from 0.08 to 0.27 over the past decade. While the company's 10-year median is 0.17 vs. the industry median of 1.19, Zlatini Pyasatz 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 1.19, based on 647 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. Zlatini Pyasatz's current Cyclically Adjusted PB Ratio of 0.08 is 93.3% 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 Zlatini Pyasatz and its competitors. For the Travel & Leisure industry, the median Cyclically Adjusted PB Ratio is 1.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zlatini Pyasatz's current Cyclically Adjusted PB Ratio is 0.08, which is 53% below median its own 10-year median of 0.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zlatini Pyasatz stock overvalued right now?
Zlatini Pyasatz (XBUL:ZLP) has a current Cyclically Adjusted PB Ratio of 0.08. The current Cyclically Adjusted PB Ratio is 0.08, which is 53% below median its 10-year median of 0.17 and 93.3% below the Travel & Leisure industry median of 1.19. Zlatini Pyasatz's overall GF Score™ is 18/100 with 7 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 Zlatini Pyasatz (XBUL:ZLP), the current Cyclically Adjusted PB Ratio is 0.08 as of Jul. 27, 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.

Zlatini Pyasatz Business Description

Address 1 Krichim Street, 2nd Floor, Office 7, Sofia, BGR, 1407
Zlatini Pyasatz provides services and facilities for leisure, focusing on various hotel, dining and entertainment options; the management and maintenance of the resort infrastructure.
18GF Score

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

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