DocMorris AG (XSWX:DOCM) Cyclically Adjusted PB Ratio: 0.41 (As of Jun. 29, 2026) — 79% Below Median


XSWX:DOCM DocMorris AG XSWX:DOCM
65 GF Score
Price CHF8.30
GF Value CHF10.53
Valuation Modestly Undervalued
! 8 Warning Signs
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What is DocMorris AG Cyclically Adjusted PB Ratio?

DocMorris AG XSWX:DOCM +1.84% 65 Cyclically Adjusted PB Ratio is 0.41 as of Jun. 29, 2026, which is 79% below its 10-year median of 1.97. GuruFocus rates XSWX:DOCM with a GF Score™ of 65/100 and a GF Value™ of CHF10.53 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 357 Healthcare Providers & Services companies, DocMorris AG ranks better than 88.52% on this metric.

As of today (2026-06-29), DocMorris AG's current share price is CHF8.30. DocMorris AG's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec24 was CHF20.09. DocMorris AG's Cyclically Adjusted PB Ratio for today is 0.41.

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

XSWX:DOCM' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.2   Med: 1.97   Max: 14.92
Current: 0.41

During the past 13 years, DocMorris AG's highest Cyclically Adjusted PB Ratio was 14.92. The lowest was 0.20. And the median was 1.97.

XSWX:DOCM's Cyclically Adjusted PB Ratio is ranked better than
88.52% of 357 companies
in the Healthcare Providers & Services industry
Industry Median: 1.85 vs XSWX:DOCM: 0.41

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.

DocMorris AG's adjusted book value per share data of for the fiscal year that ended in Dec24 was CHF14.173. 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 CHF20.09 for the trailing ten years ended in Dec24.

Shiller PE for Stocks: The True Measure of Stock Valuation


DocMorris AG  (XSWX:DOCM) 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.


DocMorris AG Cyclically Adjusted PB Ratio Related Terms


DocMorris AG Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for DocMorris 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.

DocMorris AG Cyclically Adjusted PB Ratio Chart

DocMorris AG Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.30 6.40 0.67 1.84 0.49

DocMorris AG Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
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 1.84 0.00 0.49 0.00

DocMorris AG Cyclically Adjusted PB Ratio Competitor Comparison

For the Pharmaceutical Retailers subindustry, DocMorris 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.


DocMorris AG Cyclically Adjusted PB Ratio vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, DocMorris AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


XSWX:DOCM
65GF Score
DocMorris AG XSWX:DOCM
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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DocMorris 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.

DocMorris AG's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=8.30/20.09
=0.41

* 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.

DocMorris AG's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec24 is calculated as:

For example, DocMorris AG's adjusted Book Value per Share data for the fiscal year that ended in Dec24 was:

Adj_Book=Book Value per Share/CPI of Dec24 (Change)*Current CPI (Dec24)
=14.173/107.1281*107.1281
=14.173

Current CPI (Dec24) = 107.1281.

DocMorris AG Annual Data

Book Value per Share CPI Adj_Book
201512 10.556 99.386 11.378
201612 11.270 99.380 12.149
201712 22.171 100.213 23.701
201812 26.286 100.906 27.907
201912 23.007 101.063 24.388
202012 27.354 100.241 29.233
202112 23.302 101.776 24.528
202212 14.954 104.666 15.306
202312 18.024 106.461 18.137
202412 14.173 107.128 14.173

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 0.41 mean?
DocMorris AG (XSWX:DOCM) has a Cyclically Adjusted PB Ratio of 0.41 as of Jun. 29, 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 DocMorris AG and its competitors. This is 79% below median its historical median of 1.97. Over the past decade, DocMorris AG's Cyclically Adjusted PB Ratio has ranged from 0.20 to 14.92. According to the industry distribution chart, DocMorris AG ranks #41 out of 357 companies in the Healthcare Providers & Services industry, placing it in the top 11.5%.
Is DocMorris AG's Cyclically Adjusted PB Ratio too high?
DocMorris AG's current Cyclically Adjusted PB Ratio of 0.41 is 79% below median its 10-year median of 1.97. Over the past 10 years, this metric has ranged from a low of 0.20 to a high of 14.92. The Healthcare Providers & Services industry median Cyclically Adjusted PB Ratio is 1.85. DocMorris AG's value of 0.41 is 77.8% below this industry median. Based on the distribution chart, DocMorris AG ranks #41 out of 357 companies in the Healthcare Providers & Services industry, which is in the top quartile — a strong position relative to peers. Overall, DocMorris AG has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does DocMorris AG's Cyclically Adjusted PB Ratio compare to competitors?
According to the Healthcare Providers & Services industry distribution chart, DocMorris AG ranks #41 out of 357 companies for Cyclically Adjusted PB Ratio. This places DocMorris AG in the top 12% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.85. DocMorris AG's value of 0.41 is 77.8% below this benchmark. Historically, DocMorris AG's own Cyclically Adjusted PB Ratio has ranged from 0.20 to 14.92 over the past decade. While the company's 10-year median is 1.97 vs. the industry median of 1.85, DocMorris AG 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 Healthcare Providers & Services company?
The median Cyclically Adjusted PB Ratio among Healthcare Providers & Services companies is 1.85, based on 357 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. DocMorris AG's current Cyclically Adjusted PB Ratio of 0.41 is 77.8% 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 DocMorris AG and its competitors. For the Healthcare Providers & Services industry, the median Cyclically Adjusted PB Ratio is 1.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DocMorris AG's current Cyclically Adjusted PB Ratio is 0.41, which is 79% below median its own 10-year median of 1.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DocMorris AG stock overvalued right now?
Based on GuruFocus' analysis, DocMorris AG (XSWX:DOCM) is currently considered Modestly Undervalued. The stock's GF Value™ is CHF10.53, compared to a current price of CHF8.30 — trading 21.2% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.41, which is 79% below median its 10-year median of 1.97 and 77.8% below the Healthcare Providers & Services industry median of 1.85. DocMorris AG's overall GF Score™ is 65/100 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 DocMorris AG (XSWX:DOCM), the current Cyclically Adjusted PB Ratio is 0.41 as of Jun. 29, 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 DocMorris AG (XSWX:DOCM) Overvalued in 2026?

Based on GuruFocus' analysis, DocMorris AG stock appears to be undervalued. The current stock price of CHF8.30 is trading 21.2% below its estimated GF Value™ of CHF10.53. GuruFocus considers DocMorris AG to be Modestly Undervalued.

Key valuation signals for XSWX:DOCM:

  • Cyclically Adjusted PB Ratio: 0.41 (79% below median its 10-year median of 1.97)
  • GF Value™: CHF10.53 vs. price of CHF8.30 (21.2% below fair value)
  • GF Score™: 65/100 with 8 warning signs
  • Industry Position: 77.8% below the Healthcare Providers & Services median (#41 of 357)

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


DocMorris AG Business Description

Other Exchanges DOCMz:UK0RRB:UKZRE:Germany
Address Walzmuhlestrasse 49, Frauenfeld, CHE, 8500
DocMorris AG is engaged in the fields of online pharmacy, marketplace, and professional healthcare with brands in Germany and other European countries. Its brands are DocMorris, PromoFarma by DocMorris, and TeleClinic. The Group's reportable segments are Germany and Europe. The Germany segment comprises the mail-order business in drugs and health products, as well as services for mail-order pharmacies. The Europe segment comprises the marketplace business of PromoFarma and Doctipharma. The majority of revenue is generated from Germany segment.
65GF Score

Get the complete analysis for XSWX:DOCM

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

CHF8.30
Price
CHF10.53
GF Value