SNP Schneider-Neureither & Partner SE (XTER:SHF) Cyclically Adjusted PB Ratio: (As of Sep. 21, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
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:SHF SNP Schneider-Neureither & Partner SE XTER:SHF
89 GF Score
Price €81.60
GF Value €85.10
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is SNP Schneider-Neureither & Partner SE Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


SNP Schneider-Neureither & Partner SE  (XTER:SHF) 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.


SNP Schneider-Neureither & Partner SE Cyclically Adjusted PB Ratio Related Terms


SNP Schneider-Neureither & Partner SE Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for SNP Schneider-Neureither & Partner 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.

SNP Schneider-Neureither & Partner SE Cyclically Adjusted PB Ratio Chart

SNP Schneider-Neureither & Partner SE 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 4.43 2.57 3.60 4.54 4.92

SNP Schneider-Neureither & Partner 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 5.25 5.28 5.33 5.36 5.34

XTER:SHF vs IBM, ACN, CTSH: Cyclically Adjusted PB Ratio Comparison

For the Information Technology Services subindustry, SNP Schneider-Neureither & Partner 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.


SNP Schneider-Neureither & Partner SE Cyclically Adjusted PB Ratio vs Software Industry

For the Software industry and Technology sector, SNP Schneider-Neureither & Partner SE's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where SNP Schneider-Neureither & Partner SE's Cyclically Adjusted PB Ratio falls into.


XTER:SHF
89GF Score
SNP Schneider-Neureither & Partner SE XTER:SHF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SNP Schneider-Neureither & Partner 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.

SNP Schneider-Neureither & Partner SE's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, SNP Schneider-Neureither & Partner 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)
=25.232/131.3638*131.3638
=25.232

Current CPI (Jun. 2026) = 131.3638.

SNP Schneider-Neureither & Partner SE Quarterly Data

Book Value per Share CPI Adj_Book
201609 9.906 101.017 12.882
201612 9.673 101.217 12.554
201703 9.263 101.417 11.998
201706 8.657 102.117 11.136
201709 10.921 102.717 13.967
201712 10.875 102.617 13.921
201803 9.725 102.917 12.413
201806 8.306 104.017 10.490
201809 8.270 104.718 10.374
201812 10.548 104.217 13.296
201903 10.225 104.217 12.888
201906 10.041 105.718 12.477
201909 10.505 106.018 13.016
201912 10.220 105.818 12.687
202003 9.313 105.718 11.572
202006 9.131 106.618 11.250
202009 12.528 105.818 15.552
202012 12.286 105.518 15.295
202103 11.809 107.518 14.428
202106 12.074 108.486 14.620
202109 13.555 109.435 16.271
202112 14.055 110.384 16.726
202203 14.105 113.968 16.258
202206 14.285 115.760 16.210
202209 14.376 118.818 15.894
202212 14.737 119.345 16.221
202303 14.926 122.402 16.019
202306 15.116 123.140 16.125
202309 15.453 124.195 16.345
202312 14.917 123.773 15.832
202403 15.819 125.038 16.619
202406 16.819 125.882 17.551
202409 17.572 126.198 18.291
202412 18.951 127.041 19.596
202503 19.571 127.779 20.120
202506 18.692 128.412 19.122
202509 19.924 129.255 20.249
202512 21.936 129.361 22.276
202603 23.414 131.258 23.433
202606 25.232 131.364 25.232

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 SNP Schneider-Neureither & Partner SE (XTER:SHF) Overvalued in 2026?

Based on GuruFocus' analysis, SNP Schneider-Neureither & Partner SE stock appears to be undervalued. The current stock price of €81.60 is trading 4.1% below its estimated GF Value™ of €85.10. GuruFocus considers SNP Schneider-Neureither & Partner SE to be Fairly Valued.

Key valuation signals for XTER:SHF:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €85.10 vs. price of €81.60 (4.1% below fair value)
  • GF Score™: 89/100 with 3 warning signs

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


SNP Schneider-Neureither & Partner SE Business Description

Other Exchanges 0NJB:UK
Address Speyerer Strase 4, Heidelberg, BW, DEU, 69115
SNP Schneider-Neureither & Partner SE is a software-oriented business consulting firm that specializes in the delivery of services in the area of data processing. It operates in three segments: Service, Software, and EXA. The service segment offers consulting and training services for corporate transformation processes. These services are offered in the context of IT data transformation projects, with the goal of changing and adapting enterprise resource planning systems. The software segment offers customers planning reliability and project transparency with its Data Transformation platform known as CrystalBridge. EXA segment provides transformation solutions in the area of financial management. The company generates majority of its revenue from the Service segment.
89GF Score

Get the complete analysis for XTER:SHF

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

€81.60
Price
€85.10
GF Value