SMCP (XPAR:SMCP) Cyclically Adjusted PB Ratio: 0.44 (As of Aug. 11, 2026) — 63% Above Median

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XPAR:SMCP SMCP SA XPAR:SMCP
70 GF Score
Price €6.69
GF Value €3.62
Valuation Significantly Overvalued
! 7 Warning Signs
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What is SMCP Cyclically Adjusted PB Ratio?

SMCP XPAR:SMCP -0.74% 70 Cyclically Adjusted PB Ratio is 0.44 as of Aug. 11, 2026, which is 63% above its 10-year median of 0.27. GuruFocus rates XPAR:SMCP with a GF Score™ of 70/100 and a GF Value™ of €3.62 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 803 Retail - Cyclical companies, SMCP ranks better than 79.95% on this metric.

As of today (2026-08-11), SMCP's current share price is €6.69. SMCP's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was €15.29. SMCP's Cyclically Adjusted PB Ratio for today is 0.44.

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

XPAR:SMCP' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.13   Med: 0.27   Max: 0.49
Current: 0.44

During the past 12 years, SMCP's highest Cyclically Adjusted PB Ratio was 0.49. The lowest was 0.13. And the median was 0.27.

XPAR:SMCP's Cyclically Adjusted PB Ratio is ranked better than
79.95% of 803 companies
in the Retail - Cyclical industry
Industry Median: 1.25 vs XPAR:SMCP: 0.44

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.

SMCP's adjusted book value per share data of for the fiscal year that ended in Dec25 was €15.055. 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 €15.29 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


SMCP  (XPAR:SMCP) 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.


SMCP Cyclically Adjusted PB Ratio Related Terms


SMCP Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for SMCP'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.

SMCP Cyclically Adjusted PB Ratio Chart

SMCP 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 0.26 0.27 0.41

SMCP Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 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 0.27 0.00 0.41 0.00

XPAR:SMCP vs TJX, ROST, BURL: Cyclically Adjusted PB Ratio Comparison

For the Apparel Retail subindustry, SMCP'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.


SMCP Cyclically Adjusted PB Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, SMCP's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


XPAR:SMCP
70GF Score
SMCP SA XPAR:SMCP
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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SMCP 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=6.69/15.29
=0.44

* 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.

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

For example, SMCP'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)
=15.055/120.9000*120.9000
=15.055

Current CPI (Dec25) = 120.9000.

SMCP Annual Data

Book Value per Share CPI Adj_Book
201612 1.065 100.650 1.279
201712 14.788 101.850 17.554
201812 15.608 103.470 18.237
201912 16.218 104.980 18.677
202012 14.810 104.960 17.059
202112 15.009 107.850 16.825
202212 15.691 114.160 16.617
202312 15.758 118.390 16.092
202412 15.430 119.950 15.552
202512 15.055 120.900 15.055

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 0.44 mean?
SMCP (XPAR:SMCP) has a Cyclically Adjusted PB Ratio of 0.44 as of Aug. 11, 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 SMCP and its competitors. This is 63% above median its historical median of 0.27. Over the past decade, SMCP's Cyclically Adjusted PB Ratio has ranged from 0.13 to 0.49. According to the industry distribution chart, SMCP ranks #161 out of 803 companies in the Retail - Cyclical industry, placing it in the top 20%.
Is SMCP's Cyclically Adjusted PB Ratio too high?
SMCP's current Cyclically Adjusted PB Ratio of 0.44 is 63% above median its 10-year median of 0.27. Over the past 10 years, this metric has ranged from a low of 0.13 to a high of 0.49. The Retail - Cyclical industry median Cyclically Adjusted PB Ratio is 1.25. SMCP's value of 0.44 is 64.8% below this industry median. Based on the distribution chart, SMCP ranks #161 out of 803 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, SMCP has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SMCP's Cyclically Adjusted PB Ratio compare to TJX and ROST?
According to the Retail - Cyclical industry distribution chart, SMCP ranks #161 out of 803 companies for Cyclically Adjusted PB Ratio. This places SMCP in the top 20% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.25. SMCP's value of 0.44 is 64.8% below this benchmark. Historically, SMCP's own Cyclically Adjusted PB Ratio has ranged from 0.13 to 0.49 over the past decade. While the company's 10-year median is 0.27 vs. the industry median of 1.25, SMCP 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 Retail - Cyclical company?
The median Cyclically Adjusted PB Ratio among Retail - Cyclical companies is 1.25, based on 803 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. SMCP's current Cyclically Adjusted PB Ratio of 0.44 is 64.8% 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 SMCP and its competitors. For the Retail - Cyclical industry, the median Cyclically Adjusted PB Ratio is 1.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SMCP's current Cyclically Adjusted PB Ratio is 0.44, which is 63% above median its own 10-year median of 0.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SMCP stock overvalued right now?
Based on GuruFocus' analysis, SMCP (XPAR:SMCP) is currently considered Significantly Overvalued. The stock's GF Value™ is €3.62, compared to a current price of €6.69 — trading 84.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.44, which is 63% above median its 10-year median of 0.27 and 64.8% below the Retail - Cyclical industry median of 1.25. SMCP's overall GF Score™ is 70/100 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 SMCP (XPAR:SMCP), the current Cyclically Adjusted PB Ratio is 0.44 as of Aug. 11, 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 SMCP (XPAR:SMCP) Overvalued in 2026?

Based on GuruFocus' analysis, SMCP stock appears to be overvalued. The current stock price of €6.69 is trading 84.8% above its estimated GF Value™ of €3.62. GuruFocus considers SMCP to be Significantly Overvalued.

Key valuation signals for XPAR:SMCP:

  • Cyclically Adjusted PB Ratio: 0.44 (63% above median its 10-year median of 0.27)
  • GF Value™: €3.62 vs. price of €6.69 (84.8% above fair value)
  • GF Score™: 70/100 with 7 warning signs
  • Industry Position: 64.8% below the Retail - Cyclical median (#161 of 803)

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


SMCP Business Description

Other Exchanges SMCPp:UK0RVA:UKSFC:Germany
Address 49, Rue Etienne Marcel, Paris, FRA, 75001
SMCP SA is an international apparel and accessories retail group. The company's products include womenswear, menswear, and accessories, which are sold through a network of points of sale and websites under four brands: Sandro, Maje, Claudie Pierlot, and Fursac. It generates maximum revenue from the Sandro segment.
70GF Score

Get the complete analysis for XPAR:SMCP

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

€6.69
Price
€3.62
GF Value