Investis Holding (XSWX:IREN) Cyclically Adjusted PB Ratio: 2.09 (As of Jul. 14, 2026) — Near 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:IREN Investis Holding SA XSWX:IREN
39 GF Score
Price CHF155.00
GF Value CHF41.71
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is Investis Holding Cyclically Adjusted PB Ratio?

Investis Holding XSWX:IREN +0.65% 39 Cyclically Adjusted PB Ratio is 2.09 as of Jul. 14, 2026, which is 7% above its 10-year median of 1.96. GuruFocus rates XSWX:IREN with a GF Score™ of 39/100 and a GF Value™ of CHF41.71 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,442 Real Estate companies, Investis Holding ranks worse than 84.74% on this metric.

As of today (2026-07-14), Investis Holding's current share price is CHF155.00. Investis Holding's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was CHF74.04. Investis Holding's Cyclically Adjusted PB Ratio for today is 2.09.

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

XSWX:IREN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.66   Med: 1.96   Max: 2.18
Current: 2.08

During the past 11 years, Investis Holding's highest Cyclically Adjusted PB Ratio was 2.18. The lowest was 1.66. And the median was 1.96.

XSWX:IREN's Cyclically Adjusted PB Ratio is ranked worse than
84.74% of 1442 companies
in the Real Estate industry
Industry Median: 0.71 vs XSWX:IREN: 2.08

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.

Investis Holding's adjusted book value per share data of for the fiscal year that ended in Dec25 was CHF113.968. 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 CHF74.04 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Investis Holding  (XSWX:IREN) 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.


Investis Holding Cyclically Adjusted PB Ratio Related Terms


Investis Holding Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Investis Holding'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.

Investis Holding Cyclically Adjusted PB Ratio Chart

Investis Holding 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 0.00 0.00 0.00 1.70 1.95

Investis Holding 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 0.00 0.00 1.70 0.00 1.95

XSWX:IREN vs CBRE, BEKE, JLL: Cyclically Adjusted PB Ratio Comparison

For the Real Estate Services subindustry, Investis Holding'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.


Investis Holding Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Investis Holding's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


XSWX:IREN
39GF Score
Investis Holding SA XSWX:IREN
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Investis Holding 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.

Investis Holding's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=155.00/74.04
=2.09

* 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.

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

For example, Investis Holding'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)
=113.968/107.2000*107.2000
=113.968

Current CPI (Dec25) = 107.2000.

Investis Holding Annual Data

Book Value per Share CPI Adj_Book
201612 43.482 99.380 46.904
201712 44.445 100.213 47.544
201812 46.237 100.906 49.121
201912 58.125 101.063 61.654
202012 64.484 100.241 68.961
202112 75.978 101.776 80.028
202212 83.953 104.666 85.985
202312 80.705 106.461 81.265
202412 104.911 107.128 104.981
202512 113.968 107.200 113.968

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 2.09 mean?
Investis Holding (XSWX:IREN) has a Cyclically Adjusted PB Ratio of 2.09 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 Investis Holding and its competitors. This is near median its historical median of 1.96. Over the past decade, Investis Holding's Cyclically Adjusted PB Ratio has ranged from 1.66 to 2.18. According to the industry distribution chart, Investis Holding ranks #1222 out of 1442 companies in the Real Estate industry, placing it in the top 84.7%.
Is Investis Holding's Cyclically Adjusted PB Ratio too high?
Investis Holding's current Cyclically Adjusted PB Ratio of 2.09 is near median its 10-year median of 1.96. Over the past 10 years, this metric has ranged from a low of 1.66 to a high of 2.18. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.71. Investis Holding's value of 2.09 is 194.4% above this industry median. Based on the distribution chart, Investis Holding ranks #1222 out of 1442 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Investis Holding has a GF Score™ of 39/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Investis Holding's Cyclically Adjusted PB Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Investis Holding ranks #1222 out of 1442 companies for Cyclically Adjusted PB Ratio. This places Investis Holding in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.71. Investis Holding's value of 2.09 is 194.4% above this benchmark. Historically, Investis Holding's own Cyclically Adjusted PB Ratio has ranged from 1.66 to 2.18 over the past decade. While the company's 10-year median is 1.96 vs. the industry median of 0.71, Investis Holding 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 Real Estate company?
The median Cyclically Adjusted PB Ratio among Real Estate companies is 0.71, based on 1,442 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. Investis Holding's current Cyclically Adjusted PB Ratio of 2.09 is 194.4% 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 Investis Holding and its competitors. For the Real Estate industry, the median Cyclically Adjusted PB Ratio is 0.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Investis Holding's current Cyclically Adjusted PB Ratio is 2.09, which is near median its own 10-year median of 1.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Investis Holding stock overvalued right now?
Based on GuruFocus' analysis, Investis Holding (XSWX:IREN) is currently considered Significantly Overvalued. The stock's GF Value™ is CHF41.71, compared to a current price of CHF155.00 — trading 271.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.09, which is near median its 10-year median of 1.96 and 194.4% above the Real Estate industry median of 0.71. Investis Holding's overall GF Score™ is 39/100 with 9 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 Investis Holding (XSWX:IREN), the current Cyclically Adjusted PB Ratio is 2.09 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 Investis Holding (XSWX:IREN) Overvalued in 2026?

Based on GuruFocus' analysis, Investis Holding stock appears to be overvalued. The current stock price of CHF155.00 is trading 271.6% above its estimated GF Value™ of CHF41.71. GuruFocus considers Investis Holding to be Significantly Overvalued.

Key valuation signals for XSWX:IREN:

  • Cyclically Adjusted PB Ratio: 2.09 (near median its 10-year median of 1.96)
  • GF Value™: CHF41.71 vs. price of CHF155.00 (271.6% above fair value)
  • GF Score™: 39/100 with 9 warning signs
  • Industry Position: 194.4% above the Real Estate median (#1222 of 1442)

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


Investis Holding Business Description

Other Exchanges IRENz:UK0RHV:UKIYP:Germany
Address Neumuhlequai 6, Zurich, CHE, 8001
Investis Holding SA is a residential property company operating in the Lake Geneva region of Switzerland and is a national Swiss real estate services provider. The company's portfolio consists almost entirely of residential properties. The company has a network of various service locations with recognizable brands scattered throughout Switzerland. The following are segments: Properties, Corporate, Investis Group, with the majority of revenue from Properties.
39GF Score

Get the complete analysis for XSWX:IREN

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

CHF155.00
Price
CHF41.71
GF Value