Porsche Automobil Holding SE (XSWX:PAH3) Cyclically Adjusted PB Ratio: 0.18 (As of Sep. 03, 2026) — 31% Below Median

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XSWX:PAH3 Porsche Automobil Holding SE XSWX:PAH3
45 GF Score
Price CHF26.27
! 4 Warning Signs
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What is Porsche Automobil Holding SE Cyclically Adjusted PB Ratio?

Porsche Automobil Holding SE XSWX:PAH3 45 Cyclically Adjusted PB Ratio is 0.18 as of Sep. 03, 2026, which is 31% below its 10-year median of 0.26. GuruFocus rates XSWX:PAH3 with a GF Score™ of 45/100. The stock has 4 warning signs investors should review. Among 927 Vehicles & Parts companies, Porsche Automobil Holding SE ranks better than 95.69% on this metric.

As of today (2026-09-03), Porsche Automobil Holding SE's current share price is CHF26.27. Porsche Automobil Holding SE's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was CHF142.33. Porsche Automobil Holding SE's Cyclically Adjusted PB Ratio for today is 0.18.

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

XSWX:PAH3' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.18   Med: 0.26   Max: 0.42
Current: 0.19

During the past years, Porsche Automobil Holding SE's highest Cyclically Adjusted PB Ratio was 0.42. The lowest was 0.18. And the median was 0.26.

XSWX:PAH3's Cyclically Adjusted PB Ratio is ranked better than
95.69% of 927 companies
in the Vehicles & Parts industry
Industry Median: 1.23 vs XSWX:PAH3: 0.19

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.

Porsche Automobil Holding SE's adjusted book value per share data for the three months ended in Jun. 2026 was CHF107.423. 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 CHF142.33 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Porsche Automobil Holding SE  (XSWX:PAH3) 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.


Porsche Automobil Holding SE Cyclically Adjusted PB Ratio Related Terms


Porsche Automobil Holding SE Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Porsche Automobil Holding SE'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.

Porsche Automobil Holding SE Cyclically Adjusted PB Ratio Chart

Porsche Automobil Holding SE 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 0.34 0.25 0.27

Porsche Automobil Holding SE Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.23 0.22 0.27 0.20 0.18

XSWX:PAH3 vs TSLA, GM, F: Cyclically Adjusted PB Ratio Comparison

For the Auto Manufacturers subindustry, Porsche Automobil Holding SE'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.


Porsche Automobil Holding SE Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Porsche Automobil Holding SE's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


XSWX:PAH3
45GF Score
Porsche Automobil Holding SE XSWX:PAH3
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Porsche Automobil Holding SE 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.

Porsche Automobil Holding SE's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=26.27/142.33
=0.18

* 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.

Porsche Automobil Holding SE's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Porsche Automobil Holding SE's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=107.423/131.3638*131.3638
=107.423

Current CPI (Jun. 2026) = 131.3638.

Porsche Automobil Holding SE Quarterly Data

Book Value per Share CPI Adj_Book
201406 116.526 99.543 153.776
201412 114.612 99.543 151.250
201506 105.173 100.417 137.586
201512 95.840 99.717 126.257
201606 95.192 100.717 124.158
201612 97.942 101.217 127.113
201706 106.960 102.117 137.594
201712 119.345 102.617 152.778
201806 121.296 104.017 153.185
201812 123.124 104.217 155.195
201903 0.000 104.217 0.000
201906 123.252 105.718 153.152
201909 0.000 106.018 0.000
201912 125.783 105.818 156.149
202003 124.760 105.718 155.026
202006 121.103 106.618 149.211
202009 122.238 105.818 151.748
202012 126.853 105.518 157.925
202103 138.294 107.518 168.966
202106 142.819 108.486 172.937
202109 144.046 109.435 172.911
202112 143.388 110.384 170.641
202203 153.547 113.968 176.984
202206 163.035 115.760 185.011
202209 162.443 118.818 179.595
202212 168.013 119.345 184.933
202303 171.868 122.402 184.451
202306 169.276 123.140 180.580
202309 173.972 124.195 184.015
202312 169.664 123.773 180.069
202403 179.082 125.038 188.142
202406 180.135 125.882 187.980
202409 174.822 126.198 181.978
202412 107.028 127.041 110.670
202503 107.371 127.779 110.383
202506 105.871 128.412 108.305
202509 109.018 129.255 110.796
202512 115.228 129.361 117.012
202603 110.734 131.258 110.823
202606 107.423 131.364 107.423

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 0.18 mean?
Porsche Automobil Holding SE (XSWX:PAH3) has a Cyclically Adjusted PB Ratio of 0.18 as of Sep. 03, 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 Porsche Automobil Holding SE and its competitors. This is 31% below median its historical median of 0.26. Over the past decade, Porsche Automobil Holding SE's Cyclically Adjusted PB Ratio has ranged from 0.18 to 0.42. According to the industry distribution chart, Porsche Automobil Holding SE ranks #40 out of 927 companies in the Vehicles & Parts industry, placing it in the top 4.3%.
Is Porsche Automobil Holding SE's Cyclically Adjusted PB Ratio too high?
Porsche Automobil Holding SE's current Cyclically Adjusted PB Ratio of 0.18 is 31% below median its 10-year median of 0.26. Over the past 10 years, this metric has ranged from a low of 0.18 to a high of 0.42. The Vehicles & Parts industry median Cyclically Adjusted PB Ratio is 1.23. Porsche Automobil Holding SE's value of 0.18 is 85.4% below this industry median. Based on the distribution chart, Porsche Automobil Holding SE ranks #40 out of 927 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Porsche Automobil Holding SE has a GF Score™ of 45/100, reflecting its overall financial health beyond just this single metric.
How does Porsche Automobil Holding SE's Cyclically Adjusted PB Ratio compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Porsche Automobil Holding SE ranks #40 out of 927 companies for Cyclically Adjusted PB Ratio. This places Porsche Automobil Holding SE in the top 4% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.23. Porsche Automobil Holding SE's value of 0.18 is 85.4% below this benchmark. Historically, Porsche Automobil Holding SE's own Cyclically Adjusted PB Ratio has ranged from 0.18 to 0.42 over the past decade. While the company's 10-year median is 0.26 vs. the industry median of 1.23, Porsche Automobil Holding SE 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 Vehicles & Parts company?
The median Cyclically Adjusted PB Ratio among Vehicles & Parts companies is 1.23, based on 927 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. Porsche Automobil Holding SE's current Cyclically Adjusted PB Ratio of 0.18 is 85.4% 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 Porsche Automobil Holding SE and its competitors. For the Vehicles & Parts industry, the median Cyclically Adjusted PB Ratio is 1.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Porsche Automobil Holding SE's current Cyclically Adjusted PB Ratio is 0.18, which is 31% below median its own 10-year median of 0.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Porsche Automobil Holding SE stock overvalued right now?
Porsche Automobil Holding SE (XSWX:PAH3) has a current Cyclically Adjusted PB Ratio of 0.18. The current Cyclically Adjusted PB Ratio is 0.18, which is 31% below median its 10-year median of 0.26 and 85.4% below the Vehicles & Parts industry median of 1.23. Porsche Automobil Holding SE's overall GF Score™ is 45/100 with 4 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 Porsche Automobil Holding SE (XSWX:PAH3), the current Cyclically Adjusted PB Ratio is 0.18 as of Sep. 03, 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.

Porsche Automobil Holding SE Business Description

Address Porscheplatz 1, Stuttgart, BW, DEU, 70435
Porsche Automobil Holding SE is a holding company focused on mobility and industrial technology investments. It's Core business includes Acquiring, holding, and managing investments. as well as Disposing of investments.
45GF Score

Get the complete analysis for XSWX:PAH3

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

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