Compagnie Financiere Tradition (XSWX:CFTE) Cyclically Adjusted PB Ratio: 5.49 (As of Jul. 14, 2026) — 150% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

XSWX:CFTE Compagnie Financiere Tradition SA XSWX:CFTE
57 GF Score
Price CHF315.50
GF Value CHF169.68
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Compagnie Financiere Tradition Cyclically Adjusted PB Ratio?

Compagnie Financiere Tradition XSWX:CFTE -1.56% 57 Cyclically Adjusted PB Ratio is 5.49 as of Jul. 14, 2026, which is 150% above its 10-year median of 2.20. GuruFocus rates XSWX:CFTE with a GF Score™ of 57/100 and a GF Value™ of CHF169.68 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 639 Capital Markets companies, Compagnie Financiere Tradition ranks worse than 86.7% on this metric.

As of today (2026-07-14), Compagnie Financiere Tradition's current share price is CHF315.50. Compagnie Financiere Tradition's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was CHF57.44. Compagnie Financiere Tradition's Cyclically Adjusted PB Ratio for today is 5.49.

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

XSWX:CFTE' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.33   Med: 2.2   Max: 5.5
Current: 5.5

During the past 13 years, Compagnie Financiere Tradition's highest Cyclically Adjusted PB Ratio was 5.50. The lowest was 1.33. And the median was 2.20.

XSWX:CFTE's Cyclically Adjusted PB Ratio is ranked worse than
86.7% of 639 companies
in the Capital Markets industry
Industry Median: 1.35 vs XSWX:CFTE: 5.50

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.

Compagnie Financiere Tradition's adjusted book value per share data of for the fiscal year that ended in Dec25 was CHF64.262. 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 CHF57.44 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Compagnie Financiere Tradition  (XSWX:CFTE) 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.


Compagnie Financiere Tradition Cyclically Adjusted PB Ratio Related Terms


Compagnie Financiere Tradition Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Compagnie Financiere Tradition'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.

Compagnie Financiere Tradition Cyclically Adjusted PB Ratio Chart

Compagnie Financiere Tradition 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 2.10 1.99 2.18 3.31 5.03

Compagnie Financiere Tradition 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 2.18 0.00 3.31 0.00 5.03

XSWX:CFTE vs MS, GS, SCHW: Cyclically Adjusted PB Ratio Comparison

For the Capital Markets subindustry, Compagnie Financiere Tradition'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.


Compagnie Financiere Tradition Cyclically Adjusted PB Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Compagnie Financiere Tradition's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


XSWX:CFTE
57GF Score
Compagnie Financiere Tradition SA XSWX:CFTE
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Compagnie Financiere Tradition 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.

Compagnie Financiere Tradition's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=315.50/57.44
=5.49

* 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.

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

For example, Compagnie Financiere Tradition'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)
=64.262/107.2000*107.2000
=64.262

Current CPI (Dec25) = 107.2000.

Compagnie Financiere Tradition Annual Data

Book Value per Share CPI Adj_Book
201612 50.109 99.380 54.052
201712 52.096 100.213 55.728
201812 51.940 100.906 55.180
201912 53.084 101.063 56.307
202012 51.643 100.241 55.228
202112 53.657 101.776 56.517
202212 55.655 104.666 57.002
202312 52.813 106.461 53.180
202412 62.916 107.128 62.958
202512 64.262 107.200 64.262

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 5.49 mean?
Compagnie Financiere Tradition (XSWX:CFTE) has a Cyclically Adjusted PB Ratio of 5.49 as of Jul. 14, 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 Compagnie Financiere Tradition and its competitors. This is 150% above median its historical median of 2.20. Over the past decade, Compagnie Financiere Tradition's Cyclically Adjusted PB Ratio has ranged from 1.33 to 5.50. According to the industry distribution chart, Compagnie Financiere Tradition ranks #554 out of 639 companies in the Capital Markets industry, placing it in the top 86.7%.
Is Compagnie Financiere Tradition's Cyclically Adjusted PB Ratio too high?
Compagnie Financiere Tradition's current Cyclically Adjusted PB Ratio of 5.49 is 150% above median its 10-year median of 2.20. Over the past 10 years, this metric has ranged from a low of 1.33 to a high of 5.50. The Capital Markets industry median Cyclically Adjusted PB Ratio is 1.35. Compagnie Financiere Tradition's value of 5.49 is 306.7% above this industry median. Based on the distribution chart, Compagnie Financiere Tradition ranks #554 out of 639 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Compagnie Financiere Tradition has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Compagnie Financiere Tradition's Cyclically Adjusted PB Ratio compare to MS and GS?
According to the Capital Markets industry distribution chart, Compagnie Financiere Tradition ranks #554 out of 639 companies for Cyclically Adjusted PB Ratio. This places Compagnie Financiere Tradition in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.35. Compagnie Financiere Tradition's value of 5.49 is 306.7% above this benchmark. Historically, Compagnie Financiere Tradition's own Cyclically Adjusted PB Ratio has ranged from 1.33 to 5.50 over the past decade. While the company's 10-year median is 2.20 vs. the industry median of 1.35, Compagnie Financiere Tradition 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 Capital Markets company?
The median Cyclically Adjusted PB Ratio among Capital Markets companies is 1.35, based on 639 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. Compagnie Financiere Tradition's current Cyclically Adjusted PB Ratio of 5.49 is 306.7% 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 Compagnie Financiere Tradition and its competitors. For the Capital Markets industry, the median Cyclically Adjusted PB Ratio is 1.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Compagnie Financiere Tradition's current Cyclically Adjusted PB Ratio is 5.49, which is 150% above median its own 10-year median of 2.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Compagnie Financiere Tradition stock overvalued right now?
Based on GuruFocus' analysis, Compagnie Financiere Tradition (XSWX:CFTE) is currently considered Significantly Overvalued. The stock's GF Value™ is CHF169.68, compared to a current price of CHF315.50 — trading 85.9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 5.49, which is 150% above median its 10-year median of 2.20 and 306.7% above the Capital Markets industry median of 1.35. Compagnie Financiere Tradition's overall GF Score™ is 57/100 with 3 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 Compagnie Financiere Tradition (XSWX:CFTE), the current Cyclically Adjusted PB Ratio is 5.49 as of Jul. 14, 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 Compagnie Financiere Tradition (XSWX:CFTE) Overvalued in 2026?

Based on GuruFocus' analysis, Compagnie Financiere Tradition stock appears to be overvalued. The current stock price of CHF315.50 is trading 85.9% above its estimated GF Value™ of CHF169.68. GuruFocus considers Compagnie Financiere Tradition to be Significantly Overvalued.

Key valuation signals for XSWX:CFTE:

  • Cyclically Adjusted PB Ratio: 5.49 (150% above median its 10-year median of 2.20)
  • GF Value™: CHF169.68 vs. price of CHF315.50 (85.9% above fair value)
  • GF Score™: 57/100 with 3 warning signs
  • Industry Position: 306.7% above the Capital Markets median (#554 of 639)

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


Compagnie Financiere Tradition Business Description

Address 11, Rue de Langallerie, Lausanne, CHE, 1003
Compagnie Financiere Tradition SA is a Switzerland-based interdealer broking firm. It acts as a marketplace and an intermediary and facilitates transactions between financial institutions and other professional traders in the capital markets. Its Financial and non-financial products include bonds, interest rates, index futures, currency and credit derivatives, equities, precious metals, energy and environmental products, and others. Its geographical segments are Europe, the Middle East and Africa; the Americas and Asia-Pacific.
57GF Score

Get the complete analysis for XSWX:CFTE

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

CHF315.50
Price
CHF169.68
GF Value