Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
APG SGAXSWX:APGN -0.75%73 Cyclically Adjusted PB Ratio is 5.97 as of Aug. 03, 2026, which is 3% above its 10-year median of 5.78. GuruFocus rates XSWX:APGN with a GF Score™ of 73/100 and a GF Value™ of CHF210.08 (Fairly Valued). The stock has 2 warning signs investors should review. Among 702 Media - Diversified companies, APG SGA ranks worse than 93.59% on this metric.
As of today (2026-08-03), APG SGA's current share price is CHF199.50. APG SGA's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was CHF33.41. APG SGA's Cyclically Adjusted PB Ratio for today is 5.97.
The historical rank and industry rank for APG SGA's Cyclically Adjusted PB Ratio or its related term are showing as below:
XSWX:APGN'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.76 Med: 5.78 Max: 9.91
Current: 6.02
During the past 13 years, APG SGA's highest Cyclically Adjusted PB Ratio was 9.91. The lowest was 3.76. And the median was 5.78.
XSWX:APGN's Cyclically Adjusted PB Ratio is ranked worse than 93.59% of 702
companies
in the Media - Diversified industry
Industry Median: 0.965
vs XSWX:APGN: 6.02
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.
APG SGA's adjusted book value per share data of for the fiscal year that ended in Dec25 was CHF24.301. 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 CHF33.41 for the trailing ten years ended in Dec25.
Shiller PE for Stocks: The True Measure of Stock Valuation
APG SGA (XSWX:APGN) 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.
APG SGA Cyclically Adjusted PB Ratio Related Terms
APG SGA Cyclically Adjusted PB Ratio Historical Data
* Premium members only.
The historical data trend for APG SGA'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.
XSWX:APGN vs APP, OMC, TTD: Cyclically Adjusted PB Ratio Comparison
For the Advertising Agencies subindustry, APG SGA'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.
APG SGA Cyclically Adjusted PB Ratio vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, APG SGA's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where APG SGA's Cyclically Adjusted PB Ratio falls into.
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.
APG SGA's Cyclically Adjusted PB Ratio for today is calculated as
* 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.
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 5.97 mean?
APG SGA (XSWX:APGN) has a Cyclically Adjusted PB Ratio of 5.97 as of Aug. 03, 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 APG SGA and its competitors. This is near median its historical median of 5.78. Over the past decade, APG SGA's Cyclically Adjusted PB Ratio has ranged from 3.76 to 9.91. According to the industry distribution chart, APG SGA ranks #657 out of 702 companies in the Media - Diversified industry, placing it in the top 93.6%.
Is APG SGA's Cyclically Adjusted PB Ratio too high?
APG SGA's current Cyclically Adjusted PB Ratio of 5.97 is near median its 10-year median of 5.78. Over the past 10 years, this metric has ranged from a low of 3.76 to a high of 9.91. The Media - Diversified industry median Cyclically Adjusted PB Ratio is 0.97. APG SGA's value of 5.97 is 518.7% above this industry median. Based on the distribution chart, APG SGA ranks #657 out of 702 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers. Overall, APG SGA has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does APG SGA's Cyclically Adjusted PB Ratio compare to APP and OMC?
According to the Media - Diversified industry distribution chart, APG SGA ranks #657 out of 702 companies for Cyclically Adjusted PB Ratio. This places APG SGA in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.97. APG SGA's value of 5.97 is 518.7% above this benchmark. Historically, APG SGA's own Cyclically Adjusted PB Ratio has ranged from 3.76 to 9.91 over the past decade. While the company's 10-year median is 5.78 vs. the industry median of 0.97, APG SGA 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 Media - Diversified company?
The median Cyclically Adjusted PB Ratio among Media - Diversified companies is 0.97, based on 702 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. APG SGA's current Cyclically Adjusted PB Ratio of 5.97 is 518.7% 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 APG SGA and its competitors. For the Media - Diversified industry, the median Cyclically Adjusted PB Ratio is 0.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. APG SGA's current Cyclically Adjusted PB Ratio is 5.97, which is near median its own 10-year median of 5.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is APG SGA stock overvalued right now?
Based on GuruFocus' analysis, APG SGA (XSWX:APGN) is currently considered Fairly Valued. The stock's GF Value™ is CHF210.08, compared to a current price of CHF199.50 — trading 5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 5.97, which is near median its 10-year median of 5.78 and 518.7% above the Media - Diversified industry median of 0.97. APG SGA's overall GF Score™ is 73/100 with 2 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 APG SGA (XSWX:APGN), the current Cyclically Adjusted PB Ratio is 5.97 as of Aug. 03, 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 APG SGA (XSWX:APGN) Overvalued in 2026?
Based on GuruFocus' analysis, APG SGA stock appears to be undervalued.
The current stock price of CHF199.50 is trading 5% below its estimated GF Value™ of CHF210.08.
GuruFocus considers APG SGA to be Fairly Valued.
Key valuation signals for XSWX:APGN:
Cyclically Adjusted PB Ratio: 5.97 (near median its 10-year median of 5.78)
GF Value™: CHF210.08 vs. price of CHF199.50 (5% below fair value)
Industry Position: 518.7% above the Media - Diversified median (#657 of 702)
No single metric tells the full story. See the XSWX:APGN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
APG SGA SA is a Swiss out-of-home advertising media company. As a media company, it transports advertising messages into public and private areas with posters, screens, and related media as promotions and mobile advertising. This media performance is generated in streets, city centers, pedestrian zones, railway stations, shopping centers, airports, tourist resorts, and on the outside and inside of public transport vehicles. The company operates in Switzerland and Serbia. It derives revenue from Advertising and maximum from Switzerland.
73GF Score
Get the complete analysis for XSWX:APGN
Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XSWX:APGN has been successfully added to your 
