Einhell Germany AG (XTER:EIN) Cyclically Adjusted PB Ratio: (As of Aug. 21, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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XTER:EIN Einhell Germany AG XTER:EIN
91 GF Score
Price €73.00
GF Value €74.40
Valuation Fairly Valued
! 2 Warning Signs
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What is Einhell Germany AG Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Einhell Germany AG  (XTER:EIN) 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.


Einhell Germany AG Cyclically Adjusted PB Ratio Related Terms


Einhell Germany AG Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Einhell Germany 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.

Einhell Germany AG Cyclically Adjusted PB Ratio Chart

Einhell Germany 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 4.10 2.24 2.39 2.48 3.02

Einhell Germany AG 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 2.82 3.00 3.02 2.29 0.00

XTER:EIN vs SNA, RBC, SWK: Cyclically Adjusted PB Ratio Comparison

For the Tools & Accessories subindustry, Einhell Germany 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.


Einhell Germany AG Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

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


XTER:EIN
91GF Score
Einhell Germany AG XTER:EIN
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Einhell Germany 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.

Einhell Germany AG's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Einhell Germany AG'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)
=46.076/131.3638*131.3638
=46.076

Current CPI (Jun. 2026) = 131.3638.

Einhell Germany AG Quarterly Data

Book Value per Share CPI Adj_Book
201609 14.406 101.017 18.734
201612 14.324 101.217 18.590
201703 15.054 101.417 19.499
201706 14.853 102.117 19.107
201709 15.323 102.717 19.596
201712 15.599 102.617 19.969
201803 16.766 102.917 21.400
201806 16.540 104.017 20.888
201809 16.338 104.718 20.495
201812 17.082 104.217 21.531
201903 18.519 104.217 23.343
201906 18.303 105.718 22.743
201909 18.773 106.018 23.261
201912 18.813 105.818 23.355
202003 19.172 105.718 23.823
202006 19.324 106.618 23.809
202009 20.246 105.818 25.134
202012 21.453 105.518 26.708
202103 23.501 107.518 28.713
202106 24.633 108.486 29.828
202109 27.225 109.435 32.680
202112 29.812 110.384 35.478
202203 31.351 113.968 36.136
202206 32.771 115.760 37.188
202209 34.191 118.818 37.801
202212 31.399 119.345 34.561
202303 32.383 122.402 34.754
202306 28.468 123.140 30.369
202309 30.542 124.195 32.305
202312 30.111 123.773 31.958
202403 32.322 125.038 33.957
202406 33.485 125.882 34.943
202409 34.917 126.198 36.346
202412 38.108 127.041 39.405
202503 38.412 127.779 39.490
202506 36.651 128.412 37.494
202509 37.560 129.255 38.173
202512 40.782 129.361 41.414
202603 44.519 131.258 44.555
202606 46.076 131.364 46.076

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.

Is Einhell Germany AG (XTER:EIN) Overvalued in 2026?

Based on GuruFocus' analysis, Einhell Germany AG stock appears to be undervalued. The current stock price of €73.00 is trading 1.9% below its estimated GF Value™ of €74.40. GuruFocus considers Einhell Germany AG to be Fairly Valued.

Key valuation signals for XTER:EIN:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €74.40 vs. price of €73.00 (1.9% below fair value)
  • GF Score™: 91/100 with 2 warning signs

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


Einhell Germany AG Business Description

Other Exchanges 0N9F:UK
Address Wiesenweg 22, Landau an der Isar, DEU, D-94405
Einhell Germany AG is engaged in the DIY sector and designs and distributes solutions for DIY enthusiasts and hobby gardeners for use at home, in the workshop, and in the garden. The company's product range includes hand-held power tools, stationary tools, and accessories, as well as lawn and garden care tools, irrigation, and drainage solutions.
91GF Score

Get the complete analysis for XTER:EIN

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

€73.00
Price
€74.40
GF Value