Beiersdorf AG (XSWX:BEI) Cyclically Adjusted PB Ratio: (As of Jul. 18, 2026)

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XSWX:BEI Beiersdorf AG XSWX:BEI
74 GF Score
Price CHF72.16
GF Value CHF120.08
! 1 Warning Sign
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What is Beiersdorf AG Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Beiersdorf AG  (XSWX:BEI) 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.


Beiersdorf AG Cyclically Adjusted PB Ratio Related Terms


Beiersdorf AG Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Beiersdorf AG'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.

Beiersdorf AG Cyclically Adjusted PB Ratio Chart

Beiersdorf AG 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 3.93 4.02 4.61 3.88 2.75

Beiersdorf AG Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 4.61 0.00 3.88 0.00 2.75

XSWX:BEI vs PG, CL, KVUE: Cyclically Adjusted PB Ratio Comparison

For the Household & Personal Products subindustry, Beiersdorf AG'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.


Beiersdorf AG Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Beiersdorf AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


XSWX:BEI
74GF Score
Beiersdorf AG XSWX:BEI
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Beiersdorf AG 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.

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

For example, Beiersdorf AG'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)
=36.728/129.3606*129.3606
=36.728

Current CPI (Dec25) = 129.3606.

Beiersdorf AG Annual Data

Book Value per Share CPI Adj_Book
201612 22.073 101.217 28.210
201712 26.284 102.617 33.134
201812 27.975 104.217 34.724
201912 29.198 105.818 35.694
202012 29.728 105.518 36.445
202112 31.525 110.384 36.945
202212 33.872 119.345 36.715
202312 34.601 123.773 36.163
202412 35.447 127.041 36.094
202512 36.728 129.361 36.728

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.

Is Beiersdorf AG (XSWX:BEI) Overvalued in 2026?

Based on GuruFocus' analysis, Beiersdorf AG stock appears to be undervalued. The current stock price of CHF72.16 is trading 39.9% below its estimated GF Value™ of CHF120.08.

Key valuation signals for XSWX:BEI:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: CHF120.08 vs. price of CHF72.16 (39.9% below fair value)
  • GF Score™: 74/100 with 1 warning sign

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


Beiersdorf AG Business Description

Address Beiersdorfstrasse 1-9, Hamburg, DEU, 22529
Beiersdorf is a Germany-based company that produces personal care products, with a focus on manufacturing cosmetic products. The company operates through two business segments. The consumer segment concentrates on skincare and beautycare products and operates portfolio brands such as Nivea, Eucerin, La Prairie, Labello, Hansaplast, Elastoplast, and Florena. The other business segment markets self-adhesive systems and product solutions, primarily for industrial customers, under the Tesa brand. Beiersdorf is majority-owned by Maxingvest.
74GF Score

Get the complete analysis for XSWX:BEI

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

CHF72.16
Price
CHF120.08
GF Value