Gesco SE (XTER:GSC1) Cyclically Adjusted PB Ratio: (As of Aug. 13, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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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.
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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.

XTER:GSC1 Gesco SE XTER:GSC1
77 GF Score
Price €14.10
GF Value €16.30
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Gesco SE Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Gesco SE  (XTER:GSC1) 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.


Gesco SE Cyclically Adjusted PB Ratio Related Terms


Gesco SE Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Gesco 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.

Gesco SE Cyclically Adjusted PB Ratio Chart

Gesco SE Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.28 1.09 0.79 0.54 0.56

Gesco SE 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 0.69 0.61 0.56 0.53 0.00

XTER:GSC1 vs GEV, ETN, PH: Cyclically Adjusted PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, Gesco 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.


Gesco SE Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

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


XTER:GSC1
77GF Score
Gesco SE XTER:GSC1
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Gesco 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.

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

For example, Gesco SE'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)
=24.418/131.3638*131.3638
=24.418

Current CPI (Jun. 2026) = 131.3638.

Gesco SE Quarterly Data

Book Value per Share CPI Adj_Book
201609 17.511 101.017 22.772
201612 17.969 101.217 23.321
201703 18.353 101.417 23.772
201706 18.861 102.117 24.263
201709 18.868 102.717 24.130
201712 19.362 102.617 24.786
201803 20.183 102.917 25.762
201806 19.974 104.017 25.225
201809 19.900 104.718 24.964
201812 20.557 104.217 25.912
201903 21.719 104.217 27.376
201906 21.639 105.718 26.888
201909 21.426 106.018 26.548
201912 21.761 105.818 27.014
202003 21.801 105.718 27.090
202006 19.881 106.618 24.495
202009 20.286 105.818 25.183
202012 19.895 105.518 24.768
202103 20.361 107.518 24.877
202106 20.722 108.486 25.092
202109 21.325 109.435 25.598
202112 22.444 110.384 26.710
202203 23.094 113.968 26.619
202206 24.018 115.760 27.255
202209 24.002 118.818 26.536
202212 24.412 119.345 26.870
202303 25.124 122.402 26.963
202306 24.459 123.140 26.092
202309 25.080 124.195 26.528
202312 25.094 123.773 26.633
202403 26.507 125.038 27.848
202406 25.263 125.882 26.363
202409 25.521 126.198 26.566
202412 25.162 127.041 26.018
202503 24.973 127.779 25.674
202506 25.065 128.412 25.641
202509 25.694 129.255 26.113
202512 25.895 129.361 26.296
202603 26.174 131.258 26.195
202606 24.418 131.364 24.418

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 Gesco SE (XTER:GSC1) Overvalued in 2026?

Based on GuruFocus' analysis, Gesco SE stock appears to be undervalued. The current stock price of €14.10 is trading 13.5% below its estimated GF Value™ of €16.30. GuruFocus considers Gesco SE to be Modestly Undervalued.

Key valuation signals for XTER:GSC1:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €16.30 vs. price of €14.10 (13.5% below fair value)
  • GF Score™: 77/100 with 3 warning signs

No single metric tells the full story. See the XTER:GSC1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Gesco SE Business Description

Other Exchanges 0Q4C:UK
Address Johannisberg 7, Wuppertal, DEU, 42103
GESCO SE is a long-term investor that acquires small and medium-sized industrial companies (SMEs) to hold and develop them, with subsidiaries operating independently and integrated into the Group's reporting and risk management system, forming a dynamic group of market and technology leaders and bridging the gap between SMEs and the capital market. Its segments are Materials Refinement & Distribution, focused on production, refinement and distribution of materials; Health Care & Life Science, focused on healthcare, medical, pharmaceutical and food markets; and Industrial Assets & Infrastructure, comprising companies in mechanical and plant engineering for industrial infrastructure markets.
77GF Score

Get the complete analysis for XTER:GSC1

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

€14.10
Price
€16.30
GF Value