Viscom SE (XTER:V6C) Cyclically Adjusted PB Ratio: 0.71 (As of Aug. 04, 2026) — 43% Below Median

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XTER:V6C Viscom SE XTER:V6C
76 GF Score
Price €5.10
GF Value €4.19
Valuation Modestly Overvalued
! 2 Warning Signs
View Full Analysis

What is Viscom SE Cyclically Adjusted PB Ratio?

Viscom SE XTER:V6C +1.19% 76 Cyclically Adjusted PB Ratio is 0.71 as of Aug. 04, 2026, which is 43% below its 10-year median of 1.25. GuruFocus rates XTER:V6C with a GF Score™ of 76/100 and a GF Value™ of €4.19 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 1,972 Hardware companies, Viscom SE ranks better than 80.43% on this metric.

As of today (2026-08-04), Viscom SE's current share price is €5.10. Viscom SE's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €7.16. Viscom SE's Cyclically Adjusted PB Ratio for today is 0.71.

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

XTER:V6C' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.41   Med: 1.25   Max: 3
Current: 0.71

During the past years, Viscom SE's highest Cyclically Adjusted PB Ratio was 3.00. The lowest was 0.41. And the median was 1.25.

XTER:V6C's Cyclically Adjusted PB Ratio is ranked better than
80.43% of 1972 companies
in the Hardware industry
Industry Median: 2 vs XTER:V6C: 0.71

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.

Viscom SE's adjusted book value per share data for the three months ended in Mar. 2026 was €4.486. 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 €7.16 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Viscom SE  (XTER:V6C) 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.


Viscom SE Cyclically Adjusted PB Ratio Related Terms


Viscom SE Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Viscom 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.

Viscom SE Cyclically Adjusted PB Ratio Chart

Viscom 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 2.11 1.26 1.12 0.47 0.59

Viscom SE Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.46 0.62 0.62 0.59 0.52

XTER:V6C vs COHR, KEYS, GRMN: Cyclically Adjusted PB Ratio Comparison

For the Scientific & Technical Instruments subindustry, Viscom 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.


Viscom SE Cyclically Adjusted PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Viscom SE's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


XTER:V6C
76GF Score
Viscom SE XTER:V6C
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Viscom 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.

Viscom SE's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.10/7.16
=0.71

* 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.

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

For example, Viscom SE's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=4.486/131.2583*131.2583
=4.486

Current CPI (Mar. 2026) = 131.2583.

Viscom SE Quarterly Data

Book Value per Share CPI Adj_Book
201606 5.136 100.717 6.693
201609 5.360 101.017 6.965
201612 5.885 101.217 7.632
201703 6.090 101.417 7.882
201706 5.850 102.117 7.519
201709 6.159 102.717 7.870
201712 6.388 102.617 8.171
201803 6.417 102.917 8.184
201806 6.196 104.017 7.819
201809 6.377 104.718 7.993
201812 6.674 104.217 8.406
201903 6.716 104.217 8.459
201906 6.381 105.718 7.923
201909 6.326 106.018 7.832
201912 6.584 105.818 8.167
202003 6.306 105.718 7.829
202006 6.133 106.618 7.550
202009 5.699 105.818 7.069
202012 5.989 105.518 7.450
202103 5.996 107.518 7.320
202106 6.067 108.486 7.341
202109 6.182 109.435 7.415
202112 6.367 110.384 7.571
202203 6.395 113.968 7.365
202206 6.289 115.760 7.131
202209 6.384 118.818 7.052
202212 6.780 119.345 7.457
202303 6.759 122.402 7.248
202306 6.404 123.140 6.826
202309 6.560 124.195 6.933
202312 6.766 123.773 7.175
202403 6.562 125.038 6.888
202406 6.267 125.882 6.535
202409 6.137 126.198 6.383
202412 5.710 127.041 5.900
202503 5.637 127.779 5.790
202506 5.505 128.412 5.627
202509 5.329 129.255 5.412
202512 4.975 129.361 5.048
202603 4.486 131.258 4.486

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 0.71 mean?
Viscom SE (XTER:V6C) has a Cyclically Adjusted PB Ratio of 0.71 as of Aug. 04, 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 Viscom SE and its competitors. This is 43% below median its historical median of 1.25. Over the past decade, Viscom SE's Cyclically Adjusted PB Ratio has ranged from 0.41 to 3.00. According to the industry distribution chart, Viscom SE ranks #386 out of 1972 companies in the Hardware industry, placing it in the top 19.6%.
Is Viscom SE's Cyclically Adjusted PB Ratio too high?
Viscom SE's current Cyclically Adjusted PB Ratio of 0.71 is 43% below median its 10-year median of 1.25. Over the past 10 years, this metric has ranged from a low of 0.41 to a high of 3.00. The Hardware industry median Cyclically Adjusted PB Ratio is 2.00. Viscom SE's value of 0.71 is 64.5% below this industry median. Based on the distribution chart, Viscom SE ranks #386 out of 1972 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Viscom SE has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Viscom SE's Cyclically Adjusted PB Ratio compare to COHR and KEYS?
According to the Hardware industry distribution chart, Viscom SE ranks #386 out of 1972 companies for Cyclically Adjusted PB Ratio. This places Viscom SE in the top 20% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 2.00. Viscom SE's value of 0.71 is 64.5% below this benchmark. Historically, Viscom SE's own Cyclically Adjusted PB Ratio has ranged from 0.41 to 3.00 over the past decade. While the company's 10-year median is 1.25 vs. the industry median of 2.00, Viscom SE has consistently been below 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 Hardware company?
The median Cyclically Adjusted PB Ratio among Hardware companies is 2.00, based on 1,972 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. Viscom SE's current Cyclically Adjusted PB Ratio of 0.71 is 64.5% below 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 Viscom SE and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Viscom SE's current Cyclically Adjusted PB Ratio is 0.71, which is 43% below median its own 10-year median of 1.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Viscom SE stock overvalued right now?
Based on GuruFocus' analysis, Viscom SE (XTER:V6C) is currently considered Modestly Overvalued. The stock's GF Value™ is €4.19, compared to a current price of €5.10 — trading 21.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.71, which is 43% below median its 10-year median of 1.25 and 64.5% below the Hardware industry median of 2.00. Viscom SE's overall GF Score™ is 76/100 with 2 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 Viscom SE (XTER:V6C), the current Cyclically Adjusted PB Ratio is 0.71 as of Aug. 04, 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 Viscom SE (XTER:V6C) Overvalued in 2026?

Based on GuruFocus' analysis, Viscom SE stock appears to be overvalued. The current stock price of €5.10 is trading 21.7% above its estimated GF Value™ of €4.19. GuruFocus considers Viscom SE to be Modestly Overvalued.

Key valuation signals for XTER:V6C:

  • Cyclically Adjusted PB Ratio: 0.71 (43% below median its 10-year median of 1.25)
  • GF Value™: €4.19 vs. price of €5.10 (21.7% above fair value)
  • GF Score™: 76/100 with 2 warning signs
  • Industry Position: 64.5% below the Hardware median (#386 of 1972)

No single metric tells the full story. See the XTER:V6C stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Viscom SE Business Description

Other Exchanges 0GED:UK
Address Carl-Buderus-Strasse 9-15, Hanover, DEU, 30455
Viscom SE develops, manufactures, and sells automated inspection systems. Its product portfolio includes the bandwidth of optical, conformal coating, solder paste inspection, bond, X-ray inspection operations, battery inspection, and others. The company's products are used in the production of automotive electronics, aerospace technology, and industrial electronics. Its products consist of solder joint inspection, which includes AOI, AXI, and MXI; solder paste inspection, wire bond inspection, and others.
76GF Score

Get the complete analysis for XTER:V6C

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

€5.10
Price
€4.19
GF Value