Patrizia SE (XSWX:PAT) Cyclically Adjusted PB Ratio: 0.58 (As of Jun. 26, 2026) — 71% Below Median


XSWX:PAT Patrizia SE XSWX:PAT
66 GF Score
Price CHF7.16
GF Value CHF6.89
! 6 Warning Signs
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What is Patrizia SE Cyclically Adjusted PB Ratio?

Patrizia SE XSWX:PAT 66 Cyclically Adjusted PB Ratio is 0.58 as of Jun. 26, 2026, which is 71% below its 10-year median of 1.98. GuruFocus rates XSWX:PAT with a GF Score™ of 66/100 and a GF Value™ of CHF6.89. The stock has 6 warning signs investors should review. Among 1,438 Real Estate companies, Patrizia SE ranks better than 58.07% on this metric.

As of today (2026-06-26), Patrizia SE's current share price is CHF7.16. Patrizia SE's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was CHF12.26. Patrizia SE's Cyclically Adjusted PB Ratio for today is 0.58.

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

XSWX:PAT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.48   Med: 1.98   Max: 4.1
Current: 0.56

During the past years, Patrizia SE's highest Cyclically Adjusted PB Ratio was 4.10. The lowest was 0.48. And the median was 1.98.

XSWX:PAT's Cyclically Adjusted PB Ratio is ranked better than
58.07% of 1438 companies
in the Real Estate industry
Industry Median: 0.7 vs XSWX:PAT: 0.56

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.

Patrizia SE's adjusted book value per share data for the three months ended in Dec. 2025 was CHF12.163. 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 CHF12.26 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Patrizia SE  (XSWX:PAT) 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.


Patrizia SE Cyclically Adjusted PB Ratio Related Terms


Patrizia SE Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Patrizia 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.

Patrizia SE Cyclically Adjusted PB Ratio Chart

Patrizia 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 2.23 0.94 0.67 0.59 0.57

Patrizia SE Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 0.59 0.55 0.59 0.51 0.57

XSWX:PAT vs CBRE, BEKE: Cyclically Adjusted PB Ratio Comparison

For the Real Estate Services subindustry, Patrizia 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.


Patrizia SE Cyclically Adjusted PB Ratio vs Real Estate Industry

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

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


XSWX:PAT
66GF Score
Patrizia SE XSWX:PAT
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Patrizia 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.

Patrizia SE's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=7.16/12.26
=0.58

* 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.

Patrizia SE's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, Patrizia SE's adjusted Book Value per Share data for the three months ended in Dec. 2025 was:

Adj_Book=Book Value per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=12.163/129.3606*129.3606
=12.163

Current CPI (Dec. 2025) = 129.3606.

Patrizia SE Quarterly Data

Book Value per Share CPI Adj_Book
201603 8.596 100.017 11.118
201606 8.560 100.717 10.994
201609 8.657 101.017 11.086
201612 8.725 101.217 11.151
201703 8.767 101.417 11.183
201706 9.108 102.117 11.538
201709 9.427 102.717 11.872
201712 9.843 102.617 12.408
201803 14.176 102.917 17.818
201806 14.244 104.017 17.714
201809 13.726 104.718 16.956
201812 14.166 104.217 17.584
201903 14.446 104.217 17.931
201906 14.724 105.718 18.017
201909 14.374 106.018 17.539
201912 14.464 105.818 17.682
202003 14.060 105.718 17.204
202006 14.568 106.618 17.676
202009 14.639 105.818 17.896
202012 14.910 105.518 18.279
202103 15.552 107.518 18.711
202106 15.624 108.486 18.630
202109 15.778 109.435 18.651
202112 15.064 110.384 17.654
202203 14.968 113.968 16.990
202206 14.762 115.760 16.496
202209 14.205 118.818 15.465
202212 14.111 119.345 15.295
202303 14.606 122.402 15.436
202306 13.903 123.140 14.605
202309 13.655 124.195 14.223
202312 12.316 123.773 12.872
202403 13.064 125.038 13.516
202406 12.574 125.882 12.922
202409 12.129 126.198 12.433
202412 11.739 127.041 11.953
202503 12.045 127.779 12.194
202506 11.433 128.412 11.517
202509 11.445 129.255 11.454
202512 12.163 129.361 12.163

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 0.58 mean?
Patrizia SE (XSWX:PAT) has a Cyclically Adjusted PB Ratio of 0.58 as of Jun. 26, 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 Patrizia SE and its competitors. This is 71% below median its historical median of 1.98. Over the past decade, Patrizia SE's Cyclically Adjusted PB Ratio has ranged from 0.48 to 4.10. According to the industry distribution chart, Patrizia SE ranks #603 out of 1438 companies in the Real Estate industry, placing it in the top 41.9%.
Is Patrizia SE's Cyclically Adjusted PB Ratio too high?
Patrizia SE's current Cyclically Adjusted PB Ratio of 0.58 is 71% below median its 10-year median of 1.98. Over the past 10 years, this metric has ranged from a low of 0.48 to a high of 4.10. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.70. Patrizia SE's value of 0.58 is 17.1% below this industry median. Based on the distribution chart, Patrizia SE ranks #603 out of 1438 companies in the Real Estate industry, which is above the industry midpoint. Overall, Patrizia SE has a GF Score™ of 66/100, reflecting its overall financial health beyond just this single metric.
How does Patrizia SE's Cyclically Adjusted PB Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Patrizia SE ranks #603 out of 1438 companies for Cyclically Adjusted PB Ratio. This puts Patrizia SE in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.70. Patrizia SE's value of 0.58 is 17.1% below this benchmark. Historically, Patrizia SE's own Cyclically Adjusted PB Ratio has ranged from 0.48 to 4.10 over the past decade. While the company's 10-year median is 1.98 vs. the industry median of 0.70, Patrizia 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 Real Estate company?
The median Cyclically Adjusted PB Ratio among Real Estate companies is 0.70, based on 1,438 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. Patrizia SE's current Cyclically Adjusted PB Ratio of 0.58 is 17.1% 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 Patrizia SE and its competitors. For the Real Estate industry, the median Cyclically Adjusted PB Ratio is 0.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Patrizia SE's current Cyclically Adjusted PB Ratio is 0.58, which is 71% below median its own 10-year median of 1.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Patrizia SE stock overvalued right now?
Patrizia SE (XSWX:PAT) has a current Cyclically Adjusted PB Ratio of 0.58. The stock's GF Value™ is CHF6.89, compared to a current price of CHF7.16 — trading 3.9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.58, which is 71% below median its 10-year median of 1.98 and 17.1% below the Real Estate industry median of 0.70. Patrizia SE's overall GF Score™ is 66/100 with 6 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 Patrizia SE (XSWX:PAT), the current Cyclically Adjusted PB Ratio is 0.58 as of Jun. 26, 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 Patrizia SE (XSWX:PAT) Overvalued in 2026?

Based on GuruFocus' analysis, Patrizia SE stock appears to be overvalued. The current stock price of CHF7.16 is trading 3.9% above its estimated GF Value™ of CHF6.89.

Key valuation signals for XSWX:PAT:

  • Cyclically Adjusted PB Ratio: 0.58 (71% below median its 10-year median of 1.98)
  • GF Value™: CHF6.89 vs. price of CHF7.16 (3.9% above fair value)
  • GF Score™: 66/100 with 6 warning signs
  • Industry Position: 17.1% below the Real Estate median (#603 of 1438)

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


Patrizia SE Business Description

Address Fuggerstrasse 20, Augsburg, BY, DEU, 86150
PATRIZIA SE is a European independent real asset investment manager. The company provides investment opportunities in real assets for institutional, semi-professional, and private investors, with a focus on real estate and infrastructure. Its investment activities are aligned with sectors related to digital, urban, energy, and living-related developments and trends.
66GF Score

Get the complete analysis for XSWX:PAT

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

CHF7.16
Price
CHF6.89
GF Value