PRO DV AG (XTER:PDA0) Cyclically Adjusted PB Ratio: 3.49 (As of Jul. 30, 2026) — 52% Below Median

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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
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:PDA0 PRO DV AG XTER:PDA0
77 GF Score
Price €2.06
GF Value €3.05
Valuation Possible Value Trap
! 4 Warning Signs
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What is PRO DV AG Cyclically Adjusted PB Ratio?

PRO DV AG XTER:PDA0 +1.98% 77 Cyclically Adjusted PB Ratio is 3.49 as of Jul. 30, 2026, which is 52% below its 10-year median of 7.29. GuruFocus rates XTER:PDA0 with a GF Score™ of 77/100 and a GF Value™ of €3.05 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,577 Software companies, PRO DV AG ranks worse than 64.93% on this metric.

As of today (2026-07-30), PRO DV AG's current share price is €2.06. PRO DV AG's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was €0.59. PRO DV AG's Cyclically Adjusted PB Ratio for today is 3.49.

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

XTER:PDA0' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.41   Med: 7.29   Max: 14.71
Current: 3.41

During the past 13 years, PRO DV AG's highest Cyclically Adjusted PB Ratio was 14.71. The lowest was 3.41. And the median was 7.29.

XTER:PDA0's Cyclically Adjusted PB Ratio is ranked worse than
64.93% of 1577 companies
in the Software industry
Industry Median: 2.23 vs XTER:PDA0: 3.41

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.

PRO DV AG's adjusted book value per share data of for the fiscal year that ended in Dec25 was €0.829. 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 €0.59 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


PRO DV AG  (XTER:PDA0) 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.


PRO DV AG Cyclically Adjusted PB Ratio Related Terms


PRO DV AG Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for PRO DV 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.

PRO DV AG Cyclically Adjusted PB Ratio Chart

PRO DV 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 9.30 6.51 6.14 4.88 3.85

PRO DV AG Semi-Annual Data
Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.30 6.51 6.14 4.88 3.85

XTER:PDA0 vs IBM, ACN, FISV: Cyclically Adjusted PB Ratio Comparison

For the Information Technology Services subindustry, PRO DV 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.


PRO DV AG Cyclically Adjusted PB Ratio vs Software Industry

For the Software industry and Technology sector, PRO DV AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


XTER:PDA0
77GF Score
PRO DV AG XTER:PDA0
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PRO DV 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.06/0.59
=3.49

* 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.

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

For example, PRO DV 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)
=0.829/129.3606*129.3606
=0.829

Current CPI (Dec25) = 129.3606.

PRO DV AG Annual Data

Book Value per Share CPI Adj_Book
201612 0.249 101.217 0.318
201712 0.274 102.617 0.345
201812 0.331 104.217 0.411
201912 0.353 105.818 0.432
202012 0.382 105.518 0.468
202112 0.448 110.384 0.525
202212 0.630 119.345 0.683
202312 0.895 123.773 0.935
202412 0.956 127.041 0.973
202512 0.829 129.361 0.829

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 3.49 mean?
PRO DV AG (XTER:PDA0) has a Cyclically Adjusted PB Ratio of 3.49 as of Jul. 30, 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 PRO DV AG and its competitors. This is 52% below median its historical median of 7.29. Over the past decade, PRO DV AG's Cyclically Adjusted PB Ratio has ranged from 3.41 to 14.71. According to the industry distribution chart, PRO DV AG ranks #1024 out of 1577 companies in the Software industry, placing it in the top 64.9%.
Is PRO DV AG's Cyclically Adjusted PB Ratio too high?
PRO DV AG's current Cyclically Adjusted PB Ratio of 3.49 is 52% below median its 10-year median of 7.29. Over the past 10 years, this metric has ranged from a low of 3.41 to a high of 14.71. The Software industry median Cyclically Adjusted PB Ratio is 2.23. PRO DV AG's value of 3.49 is 56.5% above this industry median. Based on the distribution chart, PRO DV AG ranks #1024 out of 1577 companies in the Software industry, which is below the industry midpoint. Overall, PRO DV AG has a GF Score™ of 77/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does PRO DV AG's Cyclically Adjusted PB Ratio compare to IBM and ACN?
According to the Software industry distribution chart, PRO DV AG ranks #1024 out of 1577 companies for Cyclically Adjusted PB Ratio. This places PRO DV AG in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.23. PRO DV AG's value of 3.49 is 56.5% above this benchmark. Historically, PRO DV AG's own Cyclically Adjusted PB Ratio has ranged from 3.41 to 14.71 over the past decade. While the company's 10-year median is 7.29 vs. the industry median of 2.23, PRO DV 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 Software company?
The median Cyclically Adjusted PB Ratio among Software companies is 2.23, based on 1,577 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. PRO DV AG's current Cyclically Adjusted PB Ratio of 3.49 is 56.5% 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 PRO DV AG and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PRO DV AG's current Cyclically Adjusted PB Ratio is 3.49, which is 52% below median its own 10-year median of 7.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PRO DV AG stock overvalued right now?
Based on GuruFocus' analysis, PRO DV AG (XTER:PDA0) is currently considered Possible Value Trap. The stock's GF Value™ is €3.05, compared to a current price of €2.06 — trading 32.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.49, which is 52% below median its 10-year median of 7.29 and 56.5% above the Software industry median of 2.23. PRO DV AG's overall GF Score™ is 77/100 with 4 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 PRO DV AG (XTER:PDA0), the current Cyclically Adjusted PB Ratio is 3.49 as of Jul. 30, 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 PRO DV AG (XTER:PDA0) Overvalued in 2026?

Based on GuruFocus' analysis, PRO DV AG stock appears to be undervalued. The current stock price of €2.06 is trading 32.5% below its estimated GF Value™ of €3.05. GuruFocus considers PRO DV AG to be Possible Value Trap.

Key valuation signals for XTER:PDA0:

  • Cyclically Adjusted PB Ratio: 3.49 (52% below median its 10-year median of 7.29)
  • GF Value™: €3.05 vs. price of €2.06 (32.5% below fair value)
  • GF Score™: 77/100 with 4 warning signs
  • Industry Position: 56.5% above the Software median (#1024 of 1577)

No single metric tells the full story. See the XTER:PDA0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PRO DV AG Business Description

Other Exchanges PDA0:Germany
Address Hauert 12, Dortmund, NW, DEU, 44227
PRO DV AG engages in the provision of information technology business solutions. It offers project support services in the transport and logistics, telecommunications, energy supply, and public administration sectors. The firm specializes in the analysis and optimization of business processes with a focus on business analysis, architecture consulting, project management, and security management.
77GF Score

Get the complete analysis for XTER:PDA0

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

€2.06
Price
€3.05
GF Value