Aperam (XPAR:APAM) Cyclically Adjusted PB Ratio: 0.00 (As of Sep. 15, 2026)

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What is Aperam Cyclically Adjusted PB Ratio?

Aperam XPAR:APAM 71 Cyclically Adjusted PB Ratio is 0.00 as of Sep. 15, 2026. GuruFocus rates XPAR:APAM with a GF Score™ of 71/100. The stock has 8 warning signs investors should review. Among 412 Steel companies, Aperam ranks worse than 60.44% on this metric.

As of today (2026-09-15), Aperam's current share price is €0.00. Aperam's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €42.30. Aperam's Cyclically Adjusted PB Ratio for today is 0.00.

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

XPAR:APAM' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.6   Med: 0.76   Max: 1.26
Current: 1.07

During the past years, Aperam's highest Cyclically Adjusted PB Ratio was 1.26. The lowest was 0.60. And the median was 0.76.

XPAR:APAM's Cyclically Adjusted PB Ratio is ranked worse than
60.44% of 412 companies
in the Steel industry
Industry Median: 0.81 vs XPAR:APAM: 1.07

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.

Aperam's adjusted book value per share data for the three months ended in Jun. 2026 was €45.361. 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 €42.30 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aperam  (XPAR:APAM) 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.


Aperam Cyclically Adjusted PB Ratio Related Terms


Aperam Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Aperam'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.

Aperam Cyclically Adjusted PB Ratio Chart

Aperam 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 0.00 0.00 0.00 0.00

Aperam Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.00 0.00 0.00 0.00 0.00

XPAR:APAM vs NUE, STLD, RS: Cyclically Adjusted PB Ratio Comparison

For the Steel subindustry, Aperam'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.


Aperam Cyclically Adjusted PB Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Aperam's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Aperam 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.00/42.299
=0.00

* 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.

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

For example, Aperam's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=45.361/128.6000*128.6000
=45.361

Current CPI (Jun. 2026) = 128.6000.

Aperam Quarterly Data

Book Value per Share CPI Adj_Book
201212 31.001 97.930 40.710
201306 28.930 99.110 37.538
201312 27.504 99.440 35.569
201406 29.468 99.960 37.911
201412 28.351 98.830 36.891
201512 26.363 99.910 33.933
201606 28.595 100.660 36.532
201612 30.294 101.040 38.557
201706 29.521 102.170 37.158
201712 29.772 102.410 37.386
201806 28.684 103.650 35.589
201812 30.147 104.320 37.164
201906 29.914 105.550 36.447
201912 30.295 106.080 36.726
202003 27.927 106.040 33.868
202006 26.373 106.340 31.894
202009 26.135 106.620 31.523
202012 27.586 106.670 33.257
202103 28.112 108.140 33.431
202106 30.589 108.680 36.196
202109 31.964 109.470 37.550
202112 37.905 111.090 43.880
202203 40.267 114.780 45.115
202206 44.210 116.750 48.697
202209 45.175 117.000 49.654
202212 46.991 117.060 51.623
202303 48.224 118.910 52.154
202306 47.931 120.460 51.170
202309 47.184 121.740 49.843
202312 47.751 121.170 50.679
202403 46.921 122.590 49.221
202406 44.862 123.120 46.859
202409 47.117 123.300 49.142
202412 46.563 122.430 48.910
202503 46.189 124.210 47.821
202506 44.240 125.820 45.217
202509 43.848 126.570 44.551
202512 44.373 126.180 45.224
202603 44.967 127.160 45.476
202606 45.361 128.600 45.361

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 0.00 mean?
Aperam (XPAR:APAM) has a Cyclically Adjusted PB Ratio of 0.00 as of Sep. 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 Aperam and its competitors. Over the past decade, Aperam's Cyclically Adjusted PB Ratio has ranged from 0.60 to 1.26. According to the industry distribution chart, Aperam ranks #249 out of 412 companies in the Steel industry, placing it in the top 60.4%.
Is Aperam's Cyclically Adjusted PB Ratio too high?
Aperam's current Cyclically Adjusted PB Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.60 to a high of 1.26. Based on the distribution chart, Aperam ranks #249 out of 412 companies in the Steel industry, which is below the industry midpoint. Overall, Aperam has a GF Score™ of 71/100, reflecting its overall financial health beyond just this single metric.
How does Aperam's Cyclically Adjusted PB Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Aperam ranks #249 out of 412 companies for Cyclically Adjusted PB Ratio. This places Aperam in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.81. Historically, Aperam's own Cyclically Adjusted PB Ratio has ranged from 0.60 to 1.26 over the past decade. 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 Steel company?
The median Cyclically Adjusted PB Ratio among Steel companies is 0.81, based on 412 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. 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 Aperam and its competitors. For the Steel industry, the median Cyclically Adjusted PB Ratio is 0.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aperam's current Cyclically Adjusted PB Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aperam stock overvalued right now?
Aperam (XPAR:APAM) has a current Cyclically Adjusted PB Ratio of 0.00. The current Cyclically Adjusted PB Ratio is 0.00. Aperam's overall GF Score™ is 71/100 with 8 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 Aperam (XPAR:APAM), the current Cyclically Adjusted PB Ratio is 0.00 as of Sep. 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.

Aperam Business Description

Address 24-26 Boulevard d’Avranches, Luxembourg, LUX, 1160
Aperam SA is a Luxembourg-based stainless and specialty steel producer. The company operates through four segments. Its Stainless and Electrical Steel segment, which generates the majority of revenue, produces a wide range of stainless and electrical steel products for diverse industries. The Services and Solutions segment markets the company's products and provides customized steel transformation services; the Alloys and Specialties segment produces nickel alloys and certain specific stainless steels; and the Recycling & Renewables segment collects, trades, processes, and recycles stainless steel scrap and high-performance alloys. Geographically, the company generates maximum revenue from Europe, and the rest from the Americas, Asia, and Africa.