R Stahl AG (XTER:RSL2) Cyclically Adjusted PB Ratio: (As of Aug. 06, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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:RSL2 R Stahl AG XTER:RSL2
71 GF Score
Price €14.00
GF Value €16.73
Valuation Modestly Undervalued
! 4 Warning Signs
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What is R Stahl AG Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


R Stahl AG  (XTER:RSL2) 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.


R Stahl AG Cyclically Adjusted PB Ratio Related Terms


R Stahl AG Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for R Stahl 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.

R Stahl AG Cyclically Adjusted PB Ratio Chart

R Stahl 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 1.29 1.25 1.57 1.26 1.20

R Stahl 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 1.50 1.31 1.20 1.10 0.00

XTER:RSL2 vs GEV, ETN, PH: Cyclically Adjusted PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, R Stahl 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.


R Stahl AG Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

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


XTER:RSL2
71GF Score
R Stahl AG XTER:RSL2
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

R Stahl 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.

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

For example, R Stahl 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)
=11.344/131.3638*131.3638
=11.344

Current CPI (Jun. 2026) = 131.3638.

R Stahl AG Quarterly Data

Book Value per Share CPI Adj_Book
201609 13.516 101.017 17.576
201612 14.679 101.217 19.051
201703 14.479 101.417 18.754
201706 13.405 102.117 17.244
201709 13.081 102.717 16.729
201712 10.709 102.617 13.709
201803 10.295 102.917 13.141
201806 10.014 104.017 12.647
201809 10.455 104.718 13.115
201812 9.647 104.217 12.160
201903 8.967 104.217 11.303
201906 8.336 105.718 10.358
201909 8.275 106.018 10.253
201912 9.005 105.818 11.179
202003 9.240 105.718 11.482
202006 8.510 106.618 10.485
202009 7.764 105.818 9.638
202012 7.439 105.518 9.261
202103 7.939 107.518 9.700
202106 7.714 108.486 9.341
202109 7.604 109.435 9.128
202112 7.695 110.384 9.158
202203 8.092 113.968 9.327
202206 9.441 115.760 10.714
202209 11.027 118.818 12.191
202212 11.048 119.345 12.161
202303 11.209 122.402 12.030
202306 11.278 123.140 12.031
202309 12.741 124.195 13.476
202312 10.490 123.773 11.133
202403 10.862 125.038 11.412
202406 11.701 125.882 12.211
202409 11.457 126.198 11.926
202412 11.201 127.041 11.582
202503 11.143 127.779 11.456
202506 10.450 128.412 10.690
202509 10.704 129.255 10.879
202512 11.720 129.361 11.901
202603 11.852 131.258 11.862
202606 11.344 131.364 11.344

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 R Stahl AG (XTER:RSL2) Overvalued in 2026?

Based on GuruFocus' analysis, R Stahl AG stock appears to be undervalued. The current stock price of €14.00 is trading 16.3% below its estimated GF Value™ of €16.73. GuruFocus considers R Stahl AG to be Modestly Undervalued.

Key valuation signals for XTER:RSL2:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €16.73 vs. price of €14.00 (16.3% below fair value)
  • GF Score™: 71/100 with 4 warning signs

No single metric tells the full story. See the XTER:RSL2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


R Stahl AG Business Description

Other Exchanges 0Q9C:UKRSL2:Austria
Address Am Bahnhof 30, Waldenburg, BW, DEU, 74638
R Stahl AG provides explosion protection products and system solutions. The company's products are Luminaires, Junction and terminal boxes, Control boxes, Control systems, and distribution boards, Operating and monitoring systems, Automation interfaces and solutions, Cable glands, components and enclosures, Cameras and CCTV equipment, Signalling devices, Plugs, and sockets. Its system solutions include Automation, Container systems, Power distribution, Lighting, and Machine control. The products are used in the oil and gas industries, chemical industries, marine and shipbuilding, Pharma industry, machine building, foods and beverages industry, and other industries.
71GF Score

Get the complete analysis for XTER:RSL2

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

€14.00
Price
€16.73
GF Value