Clinica Baviera (XMAD:CBAV) Cyclically Adjusted PB Ratio: 14.33 (As of Jul. 15, 2026) — 54% Above Median

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XMAD:CBAV Clinica Baviera SA XMAD:CBAV
100 GF Score
Price €56.60
GF Value €41.43
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Clinica Baviera Cyclically Adjusted PB Ratio?

Clinica Baviera XMAD:CBAV 100 Cyclically Adjusted PB Ratio is 14.33 as of Jul. 15, 2026, which is 54% above its 10-year median of 9.28. GuruFocus rates XMAD:CBAV with a GF Score™ of 100/100 and a GF Value™ of €41.43 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 136 Medical Diagnostics & Research companies, Clinica Baviera ranks worse than 93.38% on this metric.

As of today (2026-07-15), Clinica Baviera's current share price is €56.60. Clinica Baviera's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €3.95. Clinica Baviera's Cyclically Adjusted PB Ratio for today is 14.33.

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

XMAD:CBAV' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 5.19   Med: 9.28   Max: 15.04
Current: 14.54

During the past years, Clinica Baviera's highest Cyclically Adjusted PB Ratio was 15.04. The lowest was 5.19. And the median was 9.28.

XMAD:CBAV's Cyclically Adjusted PB Ratio is ranked worse than
93.38% of 136 companies
in the Medical Diagnostics & Research industry
Industry Median: 1.915 vs XMAD:CBAV: 14.54

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.

Clinica Baviera's adjusted book value per share data for the three months ended in Mar. 2026 was €7.753. 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 €3.95 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Clinica Baviera  (XMAD:CBAV) 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.


Clinica Baviera Cyclically Adjusted PB Ratio Related Terms


Clinica Baviera Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Clinica Baviera'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.

Clinica Baviera Cyclically Adjusted PB Ratio Chart

Clinica Baviera 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 10.84 7.38 8.38 9.61 13.09

Clinica Baviera 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 10.52 11.66 11.69 13.09 12.13

XMAD:CBAV vs TMO, DHR, IDXX: Cyclically Adjusted PB Ratio Comparison

For the Diagnostics & Research subindustry, Clinica Baviera'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.


Clinica Baviera Cyclically Adjusted PB Ratio vs Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Clinica Baviera's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


XMAD:CBAV
100GF Score
Clinica Baviera SA XMAD:CBAV
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Clinica Baviera 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.

Clinica Baviera's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=56.60/3.95
=14.33

* 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.

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

For example, Clinica Baviera'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)
=7.753/129.8600*129.8600
=7.753

Current CPI (Mar. 2026) = 129.8600.

Clinica Baviera Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.463 100.333 1.894
201609 0.000 99.737 0.000
201612 1.135 101.842 1.447
201703 1.292 100.896 1.663
201706 1.217 101.848 1.552
201709 0.000 101.524 0.000
201712 1.508 102.975 1.902
201803 0.000 102.122 0.000
201806 1.450 104.165 1.808
201809 1.515 103.818 1.895
201812 1.747 104.193 2.177
201903 1.897 103.488 2.380
201906 1.527 104.612 1.896
201909 1.616 103.905 2.020
201912 1.876 105.015 2.320
202003 2.004 103.469 2.515
202006 2.064 104.254 2.571
202009 2.343 103.521 2.939
202012 2.729 104.456 3.393
202103 3.196 104.857 3.958
202106 3.157 107.102 3.828
202109 3.492 107.669 4.212
202112 3.349 111.298 3.908
202203 4.014 115.153 4.527
202206 3.993 118.044 4.393
202209 4.266 117.221 4.726
202212 4.131 117.650 4.560
202303 0.000 118.948 0.000
202306 4.619 120.278 4.987
202309 4.951 121.343 5.299
202312 5.582 121.300 5.976
202403 6.326 122.762 6.692
202406 4.856 124.409 5.069
202409 5.242 123.121 5.529
202412 6.060 124.753 6.308
202503 6.889 125.531 7.127
202506 5.656 127.251 5.772
202509 6.023 126.840 6.166
202512 6.866 128.400 6.944
202603 7.753 129.860 7.753

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 14.33 mean?
Clinica Baviera (XMAD:CBAV) has a Cyclically Adjusted PB Ratio of 14.33 as of Jul. 15, 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 Clinica Baviera and its competitors. This is 54% above median its historical median of 9.28. Over the past decade, Clinica Baviera's Cyclically Adjusted PB Ratio has ranged from 5.19 to 15.04. According to the industry distribution chart, Clinica Baviera ranks #127 out of 136 companies in the Medical Diagnostics & Research industry, placing it in the top 93.4%.
Is Clinica Baviera's Cyclically Adjusted PB Ratio too high?
Clinica Baviera's current Cyclically Adjusted PB Ratio of 14.33 is 54% above median its 10-year median of 9.28. Over the past 10 years, this metric has ranged from a low of 5.19 to a high of 15.04. The Medical Diagnostics & Research industry median Cyclically Adjusted PB Ratio is 1.92. Clinica Baviera's value of 14.33 is 648.3% above this industry median. Based on the distribution chart, Clinica Baviera ranks #127 out of 136 companies in the Medical Diagnostics & Research industry, which is in the bottom quartile relative to peers. Overall, Clinica Baviera has a GF Score™ of 100/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Clinica Baviera's Cyclically Adjusted PB Ratio compare to TMO and DHR?
According to the Medical Diagnostics & Research industry distribution chart, Clinica Baviera ranks #127 out of 136 companies for Cyclically Adjusted PB Ratio. This places Clinica Baviera in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.92. Clinica Baviera's value of 14.33 is 648.3% above this benchmark. Historically, Clinica Baviera's own Cyclically Adjusted PB Ratio has ranged from 5.19 to 15.04 over the past decade. While the company's 10-year median is 9.28 vs. the industry median of 1.92, Clinica Baviera has consistently been above 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 Medical Diagnostics & Research company?
The median Cyclically Adjusted PB Ratio among Medical Diagnostics & Research companies is 1.92, based on 136 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. Clinica Baviera's current Cyclically Adjusted PB Ratio of 14.33 is 648.3% above 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 Clinica Baviera and its competitors. For the Medical Diagnostics & Research industry, the median Cyclically Adjusted PB Ratio is 1.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Clinica Baviera's current Cyclically Adjusted PB Ratio is 14.33, which is 54% above median its own 10-year median of 9.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Clinica Baviera stock overvalued right now?
Based on GuruFocus' analysis, Clinica Baviera (XMAD:CBAV) is currently considered Significantly Overvalued. The stock's GF Value™ is €41.43, compared to a current price of €56.60 — trading 36.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 14.33, which is 54% above median its 10-year median of 9.28 and 648.3% above the Medical Diagnostics & Research industry median of 1.92. Clinica Baviera's overall GF Score™ is 100/100 with 5 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 Clinica Baviera (XMAD:CBAV), the current Cyclically Adjusted PB Ratio is 14.33 as of Jul. 15, 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 Clinica Baviera (XMAD:CBAV) Overvalued in 2026?

Based on GuruFocus' analysis, Clinica Baviera stock appears to be overvalued. The current stock price of €56.60 is trading 36.6% above its estimated GF Value™ of €41.43. GuruFocus considers Clinica Baviera to be Significantly Overvalued.

Key valuation signals for XMAD:CBAV:

  • Cyclically Adjusted PB Ratio: 14.33 (54% above median its 10-year median of 9.28)
  • GF Value™: €41.43 vs. price of €56.60 (36.6% above fair value)
  • GF Score™: 100/100 with 5 warning signs
  • Industry Position: 648.3% above the Medical Diagnostics & Research median (#127 of 136)

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


Clinica Baviera Business Description

Other Exchanges 0GWJ:UKD9Z:Germany
Address Paseo de la Castellana 20, Madrid, ESP, 28046
Clinica Baviera SA operates ophthalmological clinics. It is involved in the diagnosis, treatment, and monitoring of various types of ophthalmological disorders. It offers diagnosis and treatment for various eye problems such as long-sightedness, short-sightedness, astigmatism, cataracts and eye strain.
100GF Score

Get the complete analysis for XMAD:CBAV

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

€56.60
Price
€41.43
GF Value