Automatic Systems (XMAU:ASL) Cyclically Adjusted PB Ratio: 2.20 (As of Jul. 29, 2026) — 17% Below Median

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XMAU:ASL Automatic Systems Ltd XMAU:ASL
27 GF Score
Price MUR57.00
GF Value MUR49.92
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Automatic Systems Cyclically Adjusted PB Ratio?

Automatic Systems XMAU:ASL 27 Cyclically Adjusted PB Ratio is 2.20 as of Jul. 29, 2026, which is 17% below its 10-year median of 2.65. GuruFocus rates XMAU:ASL with a GF Score™ of 27/100 and a GF Value™ of MUR49.92 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 647 Travel & Leisure companies, Automatic Systems ranks worse than 69.09% on this metric.

As of today (2026-07-29), Automatic Systems's current share price is MUR57.00. Automatic Systems's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was MUR25.89. Automatic Systems's Cyclically Adjusted PB Ratio for today is 2.20.

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

XMAU:ASL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.71   Med: 2.65   Max: 4.13
Current: 2.2

During the past years, Automatic Systems's highest Cyclically Adjusted PB Ratio was 4.13. The lowest was 1.71. And the median was 2.65.

XMAU:ASL's Cyclically Adjusted PB Ratio is ranked worse than
69.09% of 647 companies
in the Travel & Leisure industry
Industry Median: 1.2 vs XMAU:ASL: 2.20

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.

Automatic Systems's adjusted book value per share data for the three months ended in Mar. 2026 was MUR1.641. 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 MUR25.89 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Automatic Systems  (XMAU:ASL) 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.


Automatic Systems Cyclically Adjusted PB Ratio Related Terms


Automatic Systems Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Automatic Systems'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.

Automatic Systems Cyclically Adjusted PB Ratio Chart

Automatic Systems 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 4.03 2.70 3.05 2.55

Automatic Systems 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 2.82 2.54 2.65 2.55 2.30

XMAU:ASL vs FLUT, DKNG, SGHC: Cyclically Adjusted PB Ratio Comparison

For the Gambling subindustry, Automatic Systems'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.


Automatic Systems Cyclically Adjusted PB Ratio vs Travel & Leisure Industry

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

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


XMAU:ASL
27GF Score
Automatic Systems Ltd XMAU:ASL
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Automatic Systems 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.

Automatic Systems's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=57.00/25.89
=2.20

* 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.

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

For example, Automatic Systems'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)
=1.641/330.2130*330.2130
=1.641

Current CPI (Mar. 2026) = 330.2130.

Automatic Systems Quarterly Data

Book Value per Share CPI Adj_Book
201606 17.992 241.018 24.650
201609 21.782 241.428 29.792
201612 18.379 241.432 25.137
201703 15.728 243.801 21.303
201706 17.058 244.955 22.995
201709 22.122 246.819 29.596
201712 22.363 246.524 29.955
201803 19.519 249.554 25.828
201806 0.000 251.989 0.000
201809 26.167 252.439 34.229
201812 21.318 251.233 28.020
201903 16.747 254.202 21.755
201906 20.481 256.143 26.404
201909 25.035 256.759 32.197
201912 24.721 256.974 31.767
202003 22.122 258.115 28.301
202006 20.453 257.797 26.198
202009 27.327 260.280 34.669
202012 30.569 260.474 38.754
202103 28.373 264.877 35.372
202106 28.854 271.696 35.068
202109 34.597 274.310 41.648
202112 31.605 278.802 37.433
202203 25.686 287.504 29.502
202206 30.042 296.311 33.479
202209 36.605 296.808 40.725
202212 32.855 296.797 36.554
202303 28.543 301.836 31.226
202306 29.760 305.109 32.209
202309 28.967 307.789 31.077
202312 14.359 306.746 15.458
202403 14.851 312.332 15.701
202406 14.201 314.175 14.926
202409 13.890 315.301 14.547
202412 11.391 315.605 11.918
202503 11.400 319.799 11.771
202506 12.786 322.561 13.089
202509 11.909 324.800 12.107
202512 2.819 324.054 2.873
202603 1.641 330.213 1.641

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 2.20 mean?
Automatic Systems (XMAU:ASL) has a Cyclically Adjusted PB Ratio of 2.20 as of Jul. 29, 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 Automatic Systems and its competitors. This is 17% below median its historical median of 2.65. Over the past decade, Automatic Systems' Cyclically Adjusted PB Ratio has ranged from 1.71 to 4.13. According to the industry distribution chart, Automatic Systems ranks #447 out of 647 companies in the Travel & Leisure industry, placing it in the top 69.1%.
Is Automatic Systems' Cyclically Adjusted PB Ratio too high?
Automatic Systems' current Cyclically Adjusted PB Ratio of 2.20 is 17% below median its 10-year median of 2.65. Over the past 10 years, this metric has ranged from a low of 1.71 to a high of 4.13. The Travel & Leisure industry median Cyclically Adjusted PB Ratio is 1.20. Automatic Systems' value of 2.20 is 83.3% above this industry median. Based on the distribution chart, Automatic Systems ranks #447 out of 647 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Automatic Systems has a GF Score™ of 27/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Automatic Systems' Cyclically Adjusted PB Ratio compare to FLUT and DKNG?
According to the Travel & Leisure industry distribution chart, Automatic Systems ranks #447 out of 647 companies for Cyclically Adjusted PB Ratio. This places Automatic Systems in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.20. Automatic Systems' value of 2.20 is 83.3% above this benchmark. Historically, Automatic Systems' own Cyclically Adjusted PB Ratio has ranged from 1.71 to 4.13 over the past decade. While the company's 10-year median is 2.65 vs. the industry median of 1.20, Automatic Systems 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 Travel & Leisure company?
The median Cyclically Adjusted PB Ratio among Travel & Leisure companies is 1.20, 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. Automatic Systems's current Cyclically Adjusted PB Ratio of 2.20 is 83.3% 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 Automatic Systems 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. Automatic Systems's current Cyclically Adjusted PB Ratio is 2.20, which is 17% below median its own 10-year median of 2.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Automatic Systems stock overvalued right now?
Based on GuruFocus' analysis, Automatic Systems (XMAU:ASL) is currently considered Modestly Overvalued. The stock's GF Value™ is MUR49.92, compared to a current price of MUR57.00 — trading 14.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.20, which is 17% below median its 10-year median of 2.65 and 83.3% above the Travel & Leisure industry median of 1.20. Automatic Systems' overall GF Score™ is 27/100 with 6 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 Automatic Systems (XMAU:ASL), the current Cyclically Adjusted PB Ratio is 2.20 as of Jul. 29, 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 Automatic Systems (XMAU:ASL) Overvalued in 2026?

Based on GuruFocus' analysis, Automatic Systems stock appears to be overvalued. The current stock price of MUR57.00 is trading 14.2% above its estimated GF Value™ of MUR49.92. GuruFocus considers Automatic Systems to be Modestly Overvalued.

Key valuation signals for XMAU:ASL:

  • Cyclically Adjusted PB Ratio: 2.20 (17% below median its 10-year median of 2.65)
  • GF Value™: MUR49.92 vs. price of MUR57.00 (14.2% above fair value)
  • GF Score™: 27/100 with 6 warning signs
  • Industry Position: 83.3% above the Travel & Leisure median (#447 of 647)

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


Automatic Systems Business Description

Address C/o Box Office Ltd, Palm Square, 2nd Floor, La Mivoie, Tamarin, MUS, 90906
Automatic Systems Ltd is a Mauritius-based firm. The company is engaged in the operations of a totalizator system of betting on races organized by the Mauritius Turf Club. The company also organizes fixed-odds betting on foreign football matches. It conducts its activities under the Supertote name for betting on horse racing and under the Superscore name for football betting. Its reportable segments include Totalisator, which generates maximum revenue, Fixed Odds, and all other segments.
27GF Score

Get the complete analysis for XMAU:ASL

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

MUR57.00
Price
MUR49.92
GF Value