Plazza AG (XSWX:PLAN) Cyclically Adjusted PB Ratio: 1.32 (As of Jul. 14, 2026) — 15% Above 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:PLAN Plazza AG XSWX:PLAN
74 GF Score
Price CHF434.00
GF Value CHF371.20
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Plazza AG Cyclically Adjusted PB Ratio?

Plazza AG XSWX:PLAN -0.23% 74 Cyclically Adjusted PB Ratio is 1.32 as of Jul. 14, 2026, which is 15% above its 10-year median of 1.15. GuruFocus rates XSWX:PLAN with a GF Score™ of 74/100 and a GF Value™ of CHF371.20 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,442 Real Estate companies, Plazza AG ranks worse than 73.3% on this metric.

As of today (2026-07-14), Plazza AG's current share price is CHF434.00. Plazza AG's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was CHF327.58. Plazza AG's Cyclically Adjusted PB Ratio for today is 1.32.

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

XSWX:PLAN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.96   Med: 1.15   Max: 1.42
Current: 1.31

During the past 12 years, Plazza AG's highest Cyclically Adjusted PB Ratio was 1.42. The lowest was 0.96. And the median was 1.15.

XSWX:PLAN's Cyclically Adjusted PB Ratio is ranked worse than
73.3% of 1442 companies
in the Real Estate industry
Industry Median: 0.71 vs XSWX:PLAN: 1.31

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.

Plazza AG's adjusted book value per share data of for the fiscal year that ended in Dec25 was CHF380.676. 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 CHF327.58 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Plazza AG  (XSWX:PLAN) 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.


Plazza AG Cyclically Adjusted PB Ratio Related Terms


Plazza AG Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Plazza 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.

Plazza AG Cyclically Adjusted PB Ratio Chart

Plazza 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 0.00 0.00 0.99 1.07 1.27

Plazza AG 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 0.99 0.00 1.07 0.00 1.27

Plazza AG Cyclically Adjusted PB Ratio Competitor Comparison

For the Real Estate - Diversified subindustry, Plazza 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.


Plazza AG Cyclically Adjusted PB Ratio vs Real Estate Industry

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

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


XSWX:PLAN
74GF Score
Plazza AG XSWX:PLAN
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Plazza 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=434.00/327.58
=1.32

* 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.

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

For example, Plazza AG'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)
=380.676/107.2000*107.2000
=380.676

Current CPI (Dec25) = 107.2000.

Plazza AG Annual Data

Book Value per Share CPI Adj_Book
201612 258.979 99.380 279.359
201712 264.177 100.213 282.596
201812 271.568 100.906 288.507
201912 284.300 101.063 301.563
202012 308.879 100.241 330.323
202112 337.631 101.776 355.626
202212 342.034 104.666 350.314
202312 343.860 106.461 346.246
202412 360.351 107.128 360.593
202512 380.676 107.200 380.676

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 1.32 mean?
Plazza AG (XSWX:PLAN) has a Cyclically Adjusted PB Ratio of 1.32 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 Plazza AG and its competitors. This is 15% above median its historical median of 1.15. Over the past decade, Plazza AG's Cyclically Adjusted PB Ratio has ranged from 0.96 to 1.42. According to the industry distribution chart, Plazza AG ranks #1057 out of 1442 companies in the Real Estate industry, placing it in the top 73.3%.
Is Plazza AG's Cyclically Adjusted PB Ratio too high?
Plazza AG's current Cyclically Adjusted PB Ratio of 1.32 is 15% above median its 10-year median of 1.15. Over the past 10 years, this metric has ranged from a low of 0.96 to a high of 1.42. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.71. Plazza AG's value of 1.32 is 85.9% above this industry median. Based on the distribution chart, Plazza AG ranks #1057 out of 1442 companies in the Real Estate industry, which is below the industry midpoint. Overall, Plazza AG has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Plazza AG's Cyclically Adjusted PB Ratio compare to competitors?
According to the Real Estate industry distribution chart, Plazza AG ranks #1057 out of 1442 companies for Cyclically Adjusted PB Ratio. This places Plazza AG in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.71. Plazza AG's value of 1.32 is 85.9% above this benchmark. Historically, Plazza AG's own Cyclically Adjusted PB Ratio has ranged from 0.96 to 1.42 over the past decade. While the company's 10-year median is 1.15 vs. the industry median of 0.71, Plazza AG 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. Plazza AG's current Cyclically Adjusted PB Ratio of 1.32 is 85.9% 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 Plazza AG 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. Plazza AG's current Cyclically Adjusted PB Ratio is 1.32, which is 15% above median its own 10-year median of 1.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Plazza AG stock overvalued right now?
Based on GuruFocus' analysis, Plazza AG (XSWX:PLAN) is currently considered Modestly Overvalued. The stock's GF Value™ is CHF371.20, compared to a current price of CHF434.00 — trading 16.9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.32, which is 15% above median its 10-year median of 1.15 and 85.9% above the Real Estate industry median of 0.71. Plazza AG's overall GF Score™ is 74/100 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 Plazza AG (XSWX:PLAN), the current Cyclically Adjusted PB Ratio is 1.32 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 Plazza AG (XSWX:PLAN) Overvalued in 2026?

Based on GuruFocus' analysis, Plazza AG stock appears to be overvalued. The current stock price of CHF434.00 is trading 16.9% above its estimated GF Value™ of CHF371.20. GuruFocus considers Plazza AG to be Modestly Overvalued.

Key valuation signals for XSWX:PLAN:

  • Cyclically Adjusted PB Ratio: 1.32 (15% above median its 10-year median of 1.15)
  • GF Value™: CHF371.20 vs. price of CHF434.00 (16.9% above fair value)
  • GF Score™: 74/100 with 6 warning signs
  • Industry Position: 85.9% above the Real Estate median (#1057 of 1442)

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


Plazza AG Business Description

Other Exchanges PLANz:UK0R8X:UK2PZ:Germany
Address Sieberstrasse 5, Zurich, CHE, 8055
Plazza AG is engaged in planning, building, managing and sell of real estate projects in Switzerland. The Company's portfolio include residential, commercial and office properties. Real estate investment business is engaged in buying and selling of all properties. It has projects in the economic centers of Zurich and Lausanne.
74GF Score

Get the complete analysis for XSWX:PLAN

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

CHF434.00
Price
CHF371.20
GF Value