Fielmann Group AG (XSWX:FIE) Cyclically Adjusted PB Ratio: (As of Jul. 08, 2026)


XSWX:FIE Fielmann Group AG XSWX:FIE
80 GF Score
Price CHF40.45
GF Value CHF49.23
! 2 Warning Signs
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What is Fielmann Group AG Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Fielmann Group AG  (XSWX:FIE) 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.


Fielmann Group AG Cyclically Adjusted PB Ratio Related Terms


Fielmann Group AG Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Fielmann Group 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.

Fielmann Group AG Cyclically Adjusted PB Ratio Chart

Fielmann Group 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 6.72 3.82 4.78 3.91 4.00

Fielmann Group AG Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 5.29 0.00 4.00 0.00

XSWX:FIE vs ISRG, BDX, MDLN: Cyclically Adjusted PB Ratio Comparison

For the Medical Instruments & Supplies subindustry, Fielmann Group 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.


Fielmann Group AG Cyclically Adjusted PB Ratio vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Fielmann Group AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


XSWX:FIE
80GF Score
Fielmann Group AG XSWX:FIE
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Fielmann Group 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.

Fielmann Group AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Fielmann Group AG's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0/131.2583*131.2583
=0.000

Current CPI (Mar. 2026) = 131.2583.

Fielmann Group AG Quarterly Data

Book Value per Share CPI Adj_Book
201606 9.689 100.717 12.627
201609 8.358 101.017 10.860
201612 8.783 101.217 11.390
201703 0.000 101.417 0.000
201706 7.958 102.117 10.229
201709 9.018 102.717 11.524
201712 9.662 102.617 12.359
201803 10.236 102.917 13.055
201806 10.645 104.017 13.433
201809 9.022 104.718 11.309
201812 9.526 104.217 11.998
201903 10.142 104.217 12.774
201906 10.542 105.718 13.089
201909 8.907 106.018 11.028
201912 9.393 105.818 11.651
202003 9.244 105.718 11.477
202006 9.492 106.618 11.686
202009 10.222 105.818 12.680
202012 10.026 105.518 12.472
202103 10.512 107.518 12.833
202106 10.903 108.486 13.192
202109 10.224 109.435 12.263
202112 10.157 110.384 12.078
202203 10.395 113.968 11.972
202206 10.787 115.760 12.231
202209 9.132 118.818 10.088
202212 9.413 119.345 10.353
202303 9.879 122.402 10.594
202306 10.136 123.140 10.804
202309 0.000 124.195 0.000
202312 8.893 123.773 9.431
202403 0.000 125.038 0.000
202406 11.266 125.882 11.747
202409 0.000 126.198 0.000
202412 10.103 127.041 10.438
202503 0.000 127.779 0.000
202506 10.692 128.412 10.929
202509 0.000 129.255 0.000
202512 10.912 129.361 11.072
202603 0.000 131.258 0.000

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 Fielmann Group AG (XSWX:FIE) Overvalued in 2026?

Based on GuruFocus' analysis, Fielmann Group AG stock appears to be undervalued. The current stock price of CHF40.45 is trading 17.8% below its estimated GF Value™ of CHF49.23.

Key valuation signals for XSWX:FIE:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: CHF49.23 vs. price of CHF40.45 (17.8% below fair value)
  • GF Score™: 80/100 with 2 warning signs

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


Fielmann Group AG Business Description

Address Fuhlsbuttler Strabe 399, Hamburg, DEU, 22309
Fielmann Group AG is involved in the purchase and sale of goods, in physical stores as well as wholesale and online, particularly in the optometric and hearing acoustics sectors, and especially sales of all kinds of vision aids - particularly glasses, eyeewear frames and lenses, sunglasses, contact lenses, accessories, hearing systems, as well as personal protective equipment. Fielmann is involved in all levels of the optical industry value-added chain: designing, manufacturing, product offering, and optician services. The group was divided into six segments: Germany, Switzerland, Austria, Spain, North America, and Other. The majority of its revenue is generated from Germany.
80GF Score

Get the complete analysis for XSWX:FIE

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

CHF40.45
Price
CHF49.23
GF Value