VAT Group AG (XSWX:VACN) Cyclically Adjusted PB Ratio: 30.64 (As of Jul. 13, 2026) — 75% Above Median


XSWX:VACN VAT Group AG XSWX:VACN
88 GF Score
Price CHF680.60
GF Value CHF430.85
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is VAT Group AG Cyclically Adjusted PB Ratio?

VAT Group AG XSWX:VACN +0.41% 88 Cyclically Adjusted PB Ratio is 30.64 as of Jul. 13, 2026, which is 75% above its 10-year median of 17.46. GuruFocus rates XSWX:VACN with a GF Score™ of 88/100 and a GF Value™ of CHF430.85 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 2,296 Industrial Products companies, VAT Group AG ranks worse than 98.82% on this metric.

As of today (2026-07-13), VAT Group AG's current share price is CHF680.60. VAT Group AG's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was CHF22.21. VAT Group AG's Cyclically Adjusted PB Ratio for today is 30.64.

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

XSWX:VACN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 13.26   Med: 17.46   Max: 31.94
Current: 30.65

During the past 11 years, VAT Group AG's highest Cyclically Adjusted PB Ratio was 31.94. The lowest was 13.26. And the median was 17.46.

XSWX:VACN's Cyclically Adjusted PB Ratio is ranked worse than
98.82% of 2296 companies
in the Industrial Products industry
Industry Median: 2.215 vs XSWX:VACN: 30.65

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.

VAT Group AG's adjusted book value per share data of for the fiscal year that ended in Dec25 was CHF26.468. 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 CHF22.21 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


VAT Group AG  (XSWX:VACN) 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.


VAT Group AG Cyclically Adjusted PB Ratio Related Terms


VAT Group AG Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for VAT 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.

VAT Group AG Cyclically Adjusted PB Ratio Chart

VAT 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 0.00 0.00 0.00 17.38 17.38

VAT Group 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 0.00 0.00 17.38 0.00 17.38

XSWX:VACN vs GEV, ETN, PH: Cyclically Adjusted PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, VAT 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.


VAT Group AG Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, VAT Group AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


XSWX:VACN
88GF Score
VAT Group AG XSWX:VACN
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

VAT 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=680.60/22.21
=30.64

* 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.

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

For example, VAT Group 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)
=26.468/107.2000*107.2000
=26.468

Current CPI (Dec25) = 107.2000.

VAT Group AG Annual Data

Book Value per Share CPI Adj_Book
201612 17.084 99.380 18.428
201712 18.611 100.213 19.909
201812 18.815 100.906 19.989
201912 17.280 101.063 18.329
202012 18.157 100.241 19.418
202112 21.156 101.776 22.284
202212 26.026 104.666 26.656
202312 25.256 106.461 25.431
202412 25.149 107.128 25.166
202512 26.468 107.200 26.468

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 30.64 mean?
VAT Group AG (XSWX:VACN) has a Cyclically Adjusted PB Ratio of 30.64 as of Jul. 13, 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 VAT Group AG and its competitors. This is 75% above median its historical median of 17.46. Over the past decade, VAT Group AG's Cyclically Adjusted PB Ratio has ranged from 13.26 to 31.94. According to the industry distribution chart, VAT Group AG ranks #2269 out of 2296 companies in the Industrial Products industry, placing it in the top 98.8%.
Is VAT Group AG's Cyclically Adjusted PB Ratio too high?
VAT Group AG's current Cyclically Adjusted PB Ratio of 30.64 is 75% above median its 10-year median of 17.46. Over the past 10 years, this metric has ranged from a low of 13.26 to a high of 31.94. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.22. VAT Group AG's value of 30.64 is 1283.3% above this industry median. Based on the distribution chart, VAT Group AG ranks #2269 out of 2296 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, VAT Group AG has a GF Score™ of 88/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does VAT Group AG's Cyclically Adjusted PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, VAT Group AG ranks #2269 out of 2296 companies for Cyclically Adjusted PB Ratio. This places VAT Group AG in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.22. VAT Group AG's value of 30.64 is 1283.3% above this benchmark. Historically, VAT Group AG's own Cyclically Adjusted PB Ratio has ranged from 13.26 to 31.94 over the past decade. While the company's 10-year median is 17.46 vs. the industry median of 2.22, VAT Group 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 an Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.22, based on 2,296 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. VAT Group AG's current Cyclically Adjusted PB Ratio of 30.64 is 1283.3% 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 VAT Group AG and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VAT Group AG's current Cyclically Adjusted PB Ratio is 30.64, which is 75% above median its own 10-year median of 17.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VAT Group AG stock overvalued right now?
Based on GuruFocus' analysis, VAT Group AG (XSWX:VACN) is currently considered Significantly Overvalued. The stock's GF Value™ is CHF430.85, compared to a current price of CHF680.60 — trading 58% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 30.64, which is 75% above median its 10-year median of 17.46 and 1283.3% above the Industrial Products industry median of 2.22. VAT Group AG's overall GF Score™ is 88/100 with 7 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 VAT Group AG (XSWX:VACN), the current Cyclically Adjusted PB Ratio is 30.64 as of Jul. 13, 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 VAT Group AG (XSWX:VACN) Overvalued in 2026?

Based on GuruFocus' analysis, VAT Group AG stock appears to be overvalued. The current stock price of CHF680.60 is trading 58% above its estimated GF Value™ of CHF430.85. GuruFocus considers VAT Group AG to be Significantly Overvalued.

Key valuation signals for XSWX:VACN:

  • Cyclically Adjusted PB Ratio: 30.64 (75% above median its 10-year median of 17.46)
  • GF Value™: CHF430.85 vs. price of CHF680.60 (58% above fair value)
  • GF Score™: 88/100 with 7 warning signs
  • Industry Position: 1283.3% above the Industrial Products median (#2269 of 2296)

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


VAT Group AG Business Description

Address Rutistrasse 4, Haag, CHE, CH-9469
VAT Group AG is a developer and manufacturer of vacuum valves and related solutions used in vacuum environments required for the manufacturing of semiconductors, photovoltaic solar cells, digital displays, and other industrial and research applications. Its products are mission-critical components that enable high-precision processes in near-perfect vacuum environments. It operates through two segments: valves, which earn maximum revenue and focus on the design and manufacture of vacuum valves and related components, and service, which provides spare parts, repairs, upgrades, and support services for installed products. The company maintains a production footprint across multiple locations and serves customers internationally, earning a majority of its revenue from China.
88GF Score

Get the complete analysis for XSWX:VACN

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

CHF680.60
Price
CHF430.85
GF Value