Vetropack Holding AG (XSWX:VETN) Cyclically Adjusted PB Ratio: 0.48 (As of Jul. 25, 2026) — 56% Below Median

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XSWX:VETN Vetropack Holding AG XSWX:VETN
55 GF Score
Price CHF18.28
GF Value CHF27.55
Valuation Significantly Undervalued
! 9 Warning Signs
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What is Vetropack Holding AG Cyclically Adjusted PB Ratio?

Vetropack Holding AG XSWX:VETN +0.99% 55 Cyclically Adjusted PB Ratio is 0.48 as of Jul. 25, 2026, which is 56% below its 10-year median of 1.10. GuruFocus rates XSWX:VETN with a GF Score™ of 55/100 and a GF Value™ of CHF27.55 (Significantly Undervalued). The stock has 9 warning signs investors should review. Among 317 Packaging & Containers companies, Vetropack Holding AG ranks better than 78.86% on this metric.

As of today (2026-07-25), Vetropack Holding AG's current share price is CHF18.28. Vetropack Holding AG's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was CHF38.25. Vetropack Holding AG's Cyclically Adjusted PB Ratio for today is 0.48.

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

XSWX:VETN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.47   Med: 1.1   Max: 1.85
Current: 0.49

During the past 13 years, Vetropack Holding AG's highest Cyclically Adjusted PB Ratio was 1.85. The lowest was 0.47. And the median was 1.10.

XSWX:VETN's Cyclically Adjusted PB Ratio is ranked better than
78.86% of 317 companies
in the Packaging & Containers industry
Industry Median: 1.17 vs XSWX:VETN: 0.49

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.

Vetropack Holding AG's adjusted book value per share data of for the fiscal year that ended in Dec25 was CHF36.940. 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 CHF38.25 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vetropack Holding AG  (XSWX:VETN) 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.


Vetropack Holding AG Cyclically Adjusted PB Ratio Related Terms


Vetropack Holding AG Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Vetropack Holding 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.

Vetropack Holding AG Cyclically Adjusted PB Ratio Chart

Vetropack Holding 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 1.67 1.00 1.06 0.68 0.58

Vetropack Holding 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 1.06 0.00 0.68 0.00 0.58

XSWX:VETN vs SW, PKG, IP: Cyclically Adjusted PB Ratio Comparison

For the Packaging & Containers subindustry, Vetropack Holding 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.


Vetropack Holding AG Cyclically Adjusted PB Ratio vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Vetropack Holding AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


XSWX:VETN
55GF Score
Vetropack Holding AG XSWX:VETN
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Vetropack Holding 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=18.28/38.25
=0.48

* 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.

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

For example, Vetropack Holding 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)
=36.94/107.2000*107.2000
=36.940

Current CPI (Dec25) = 107.2000.

Vetropack Holding AG Annual Data

Book Value per Share CPI Adj_Book
201612 30.534 99.380 32.937
201712 34.695 100.213 37.114
201812 35.775 100.906 38.006
201912 37.752 101.063 40.044
202012 38.519 100.241 41.193
202112 39.069 101.776 41.151
202212 37.798 104.666 38.713
202312 37.868 106.461 38.131
202412 38.247 107.128 38.273
202512 36.940 107.200 36.940

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 0.48 mean?
Vetropack Holding AG (XSWX:VETN) has a Cyclically Adjusted PB Ratio of 0.48 as of Jul. 25, 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 Vetropack Holding AG and its competitors. This is 56% below median its historical median of 1.10. Over the past decade, Vetropack Holding AG's Cyclically Adjusted PB Ratio has ranged from 0.47 to 1.85. According to the industry distribution chart, Vetropack Holding AG ranks #67 out of 317 companies in the Packaging & Containers industry, placing it in the top 21.1%.
Is Vetropack Holding AG's Cyclically Adjusted PB Ratio too high?
Vetropack Holding AG's current Cyclically Adjusted PB Ratio of 0.48 is 56% below median its 10-year median of 1.10. Over the past 10 years, this metric has ranged from a low of 0.47 to a high of 1.85. The Packaging & Containers industry median Cyclically Adjusted PB Ratio is 1.17. Vetropack Holding AG's value of 0.48 is 59% below this industry median. Based on the distribution chart, Vetropack Holding AG ranks #67 out of 317 companies in the Packaging & Containers industry, which is in the top quartile — a strong position relative to peers. Overall, Vetropack Holding AG has a GF Score™ of 55/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vetropack Holding AG's Cyclically Adjusted PB Ratio compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Vetropack Holding AG ranks #67 out of 317 companies for Cyclically Adjusted PB Ratio. This places Vetropack Holding AG in the top 21% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.17. Vetropack Holding AG's value of 0.48 is 59% below this benchmark. Historically, Vetropack Holding AG's own Cyclically Adjusted PB Ratio has ranged from 0.47 to 1.85 over the past decade. While the company's 10-year median is 1.10 vs. the industry median of 1.17, Vetropack Holding AG 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 Packaging & Containers company?
The median Cyclically Adjusted PB Ratio among Packaging & Containers companies is 1.17, based on 317 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. Vetropack Holding AG's current Cyclically Adjusted PB Ratio of 0.48 is 59% 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 Vetropack Holding AG and its competitors. For the Packaging & Containers industry, the median Cyclically Adjusted PB Ratio is 1.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vetropack Holding AG's current Cyclically Adjusted PB Ratio is 0.48, which is 56% below median its own 10-year median of 1.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vetropack Holding AG stock overvalued right now?
Based on GuruFocus' analysis, Vetropack Holding AG (XSWX:VETN) is currently considered Significantly Undervalued. The stock's GF Value™ is CHF27.55, compared to a current price of CHF18.28 — trading 33.6% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.48, which is 56% below median its 10-year median of 1.10 and 59% below the Packaging & Containers industry median of 1.17. Vetropack Holding AG's overall GF Score™ is 55/100 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 Vetropack Holding AG (XSWX:VETN), the current Cyclically Adjusted PB Ratio is 0.48 as of Jul. 25, 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 Vetropack Holding AG (XSWX:VETN) Overvalued in 2026?

Based on GuruFocus' analysis, Vetropack Holding AG stock appears to be undervalued. The current stock price of CHF18.28 is trading 33.6% below its estimated GF Value™ of CHF27.55. GuruFocus considers Vetropack Holding AG to be Significantly Undervalued.

Key valuation signals for XSWX:VETN:

  • Cyclically Adjusted PB Ratio: 0.48 (56% below median its 10-year median of 1.10)
  • GF Value™: CHF27.55 vs. price of CHF18.28 (33.6% below fair value)
  • GF Score™: 55/100 with 9 warning signs
  • Industry Position: 59% below the Packaging & Containers median (#67 of 317)

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


Vetropack Holding AG Business Description

Other Exchanges VETNz:UKVV2N:Germany
Address Schutzenmattstrasse 48, Bulach, CHE, 8180
Vetropack Holding AG is a glass packaging manufacturer serving the food and beverage industry. The company offers services including package design, production, and just-in-time delivery to consulting and support services in the area of packaging analysis, bottling, conditioning, closure technology, decorative refinement, and labelling. It has its production and distribution facilities in Switzerland, Austria, the Czech Republic, Slovakia, Croatia, Ukraine, and Italy. There are two segments: Glass packaging, and Specialty glass (Switzerland), the maximum of revenue is from Glass Packing.
55GF Score

Get the complete analysis for XSWX:VETN

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

CHF18.28
Price
CHF27.55
GF Value