IMPRESA SGPS (XLIS:IPR) Cyclically Adjusted PB Ratio: 0.24 (As of Jul. 25, 2026) — 20% Above Median

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XLIS:IPR IMPRESA SGPS SA XLIS:IPR
31 GF Score
Price €0.22
GF Value €0.14
Valuation Significantly Overvalued
! 10 Warning Signs
View Full Analysis

What is IMPRESA SGPS Cyclically Adjusted PB Ratio?

IMPRESA SGPS XLIS:IPR -1.81% 31 Cyclically Adjusted PB Ratio is 0.24 as of Jul. 25, 2026, which is 20% above its 10-year median of 0.20. GuruFocus rates XLIS:IPR with a GF Score™ of 31/100 and a GF Value™ of €0.14 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 713 Media - Diversified companies, IMPRESA SGPS ranks better than 85.13% on this metric.

As of today (2026-07-25), IMPRESA SGPS's current share price is €0.217. IMPRESA SGPS's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was €0.90. IMPRESA SGPS's Cyclically Adjusted PB Ratio for today is 0.24.

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

XLIS:IPR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.11   Med: 0.2   Max: 0.48
Current: 0.28

During the past 13 years, IMPRESA SGPS's highest Cyclically Adjusted PB Ratio was 0.48. The lowest was 0.11. And the median was 0.20.

XLIS:IPR's Cyclically Adjusted PB Ratio is ranked better than
85.13% of 713 companies
in the Media - Diversified industry
Industry Median: 0.98 vs XLIS:IPR: 0.28

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.

IMPRESA SGPS's adjusted book value per share data of for the fiscal year that ended in Dec25 was €0.545. 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 €0.90 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


IMPRESA SGPS  (XLIS:IPR) 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.


IMPRESA SGPS Cyclically Adjusted PB Ratio Related Terms


IMPRESA SGPS Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for IMPRESA SGPS'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.

IMPRESA SGPS Cyclically Adjusted PB Ratio Chart

IMPRESA SGPS 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 0.29 0.16 0.15 0.12 0.21

IMPRESA SGPS 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 0.15 0.00 0.12 0.00 0.21

XLIS:IPR vs NXST: Cyclically Adjusted PB Ratio Comparison

For the Broadcasting subindustry, IMPRESA SGPS'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.


IMPRESA SGPS Cyclically Adjusted PB Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, IMPRESA SGPS's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


XLIS:IPR
31GF Score
IMPRESA SGPS SA XLIS:IPR
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

IMPRESA SGPS 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.

IMPRESA SGPS's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.217/0.90
=0.24

* 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.

IMPRESA SGPS's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, IMPRESA SGPS'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)
=0.545/124.2400*124.2400
=0.545

Current CPI (Dec25) = 124.2400.

IMPRESA SGPS Annual Data

Book Value per Share CPI Adj_Book
201612 0.856 100.998 1.053
201712 0.728 102.479 0.883
201812 0.746 103.159 0.898
201912 0.792 103.592 0.950
202012 0.858 103.354 1.031
202112 0.933 106.191 1.092
202212 0.941 116.377 1.005
202312 0.929 118.032 0.978
202412 0.534 121.585 0.546
202512 0.545 124.240 0.545

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 0.24 mean?
IMPRESA SGPS (XLIS:IPR) has a Cyclically Adjusted PB Ratio of 0.24 as of Jul. 25, 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 IMPRESA SGPS and its competitors. This is 20% above median its historical median of 0.20. Over the past decade, IMPRESA SGPS's Cyclically Adjusted PB Ratio has ranged from 0.11 to 0.48. According to the industry distribution chart, IMPRESA SGPS ranks #106 out of 713 companies in the Media - Diversified industry, placing it in the top 14.9%.
Is IMPRESA SGPS's Cyclically Adjusted PB Ratio too high?
IMPRESA SGPS's current Cyclically Adjusted PB Ratio of 0.24 is 20% above median its 10-year median of 0.20. Over the past 10 years, this metric has ranged from a low of 0.11 to a high of 0.48. The Media - Diversified industry median Cyclically Adjusted PB Ratio is 0.98. IMPRESA SGPS's value of 0.24 is 75.5% below this industry median. Based on the distribution chart, IMPRESA SGPS ranks #106 out of 713 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. Overall, IMPRESA SGPS has a GF Score™ of 31/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does IMPRESA SGPS's Cyclically Adjusted PB Ratio compare to NXST?
According to the Media - Diversified industry distribution chart, IMPRESA SGPS ranks #106 out of 713 companies for Cyclically Adjusted PB Ratio. This places IMPRESA SGPS in the top 15% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 0.98. IMPRESA SGPS's value of 0.24 is 75.5% below this benchmark. Historically, IMPRESA SGPS's own Cyclically Adjusted PB Ratio has ranged from 0.11 to 0.48 over the past decade. While the company's 10-year median is 0.20 vs. the industry median of 0.98, IMPRESA SGPS 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 Media - Diversified company?
The median Cyclically Adjusted PB Ratio among Media - Diversified companies is 0.98, based on 713 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. IMPRESA SGPS's current Cyclically Adjusted PB Ratio of 0.24 is 75.5% 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 IMPRESA SGPS and its competitors. For the Media - Diversified industry, the median Cyclically Adjusted PB Ratio is 0.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IMPRESA SGPS's current Cyclically Adjusted PB Ratio is 0.24, which is 20% above median its own 10-year median of 0.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IMPRESA SGPS stock overvalued right now?
Based on GuruFocus' analysis, IMPRESA SGPS (XLIS:IPR) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.14, compared to a current price of €0.22 — trading 55% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.24, which is 20% above median its 10-year median of 0.20 and 75.5% below the Media - Diversified industry median of 0.98. IMPRESA SGPS's overall GF Score™ is 31/100 with 10 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 IMPRESA SGPS (XLIS:IPR), the current Cyclically Adjusted PB Ratio is 0.24 as of Jul. 25, 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 IMPRESA SGPS (XLIS:IPR) Overvalued in 2026?

Based on GuruFocus' analysis, IMPRESA SGPS stock appears to be overvalued. The current stock price of €0.22 is trading 55% above its estimated GF Value™ of €0.14. GuruFocus considers IMPRESA SGPS to be Significantly Overvalued.

Key valuation signals for XLIS:IPR:

  • Cyclically Adjusted PB Ratio: 0.24 (20% above median its 10-year median of 0.20)
  • GF Value™: €0.14 vs. price of €0.22 (55% above fair value)
  • GF Score™: 31/100 with 10 warning signs
  • Industry Position: 75.5% below the Media - Diversified median (#106 of 713)

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


IMPRESA SGPS Business Description

Other Exchanges 0M5U:UKIR9:Germany
Address Rua Calvet de Magalhaes, 242, Oeiras, Paco de Arcos, PRT, 2770-022
IMPRESA SGPS SA, along with its subsidiaries, operates in the media sector, notably through the broadcasting of television programs and the publication of print and digital publications. The Group's reportable segments are: Television, Publishing, and Others. Maximum revenue is generated from the Television segment, which broadcasts television channels like SIC, SIC Noticias, SIC Radical, SIC Internacional, SIC Mulher, SIC K, SIC Caras, SIC Novelas, and the streaming service OPTO on free-to-air and cable television under broadcasting licenses. This segment also includes GMTS and SIC Studios. The Publishing segment publishes newspapers, books, and other publications, including the weekly newspaper, Expresso. Geographically, the majority of the Group's revenue is derived from Portugal.
31GF Score

Get the complete analysis for XLIS:IPR

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

€0.22
Price
€0.14
GF Value