Vossloh AG (XTER:VOS) Cyclically Adjusted PB Ratio: (As of Sep. 20, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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XTER:VOS Vossloh AG XTER:VOS
79 GF Score
Price €54.65
GF Value €57.19
Valuation Fairly Valued
! 3 Warning Signs
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What is Vossloh AG Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Vossloh AG  (XTER:VOS) 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.


Vossloh AG Cyclically Adjusted PB Ratio Related Terms


Vossloh AG Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Vossloh 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.

Vossloh AG Cyclically Adjusted PB Ratio Chart

Vossloh 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 1.35 1.16 1.27 1.28 2.26

Vossloh 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 2.49 2.65 2.25 1.98 1.85

XTER:VOS vs UNP, CSX, NSC: Cyclically Adjusted PB Ratio Comparison

For the Railroads subindustry, Vossloh 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.


Vossloh AG Cyclically Adjusted PB Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Vossloh AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


XTER:VOS
79GF Score
Vossloh AG XTER:VOS
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Vossloh 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.

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

For example, Vossloh 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)
=33.964/131.3638*131.3638
=33.964

Current CPI (Jun. 2026) = 131.3638.

Vossloh AG Quarterly Data

Book Value per Share CPI Adj_Book
201609 34.176 101.017 44.443
201612 34.495 101.217 44.769
201703 34.852 101.417 45.143
201706 35.021 102.117 45.051
201709 35.272 102.717 45.109
201712 33.343 102.617 42.684
201803 33.011 102.917 42.135
201806 32.522 104.017 41.072
201809 32.573 104.718 40.861
201812 32.773 104.217 41.310
201903 31.527 104.217 39.739
201906 30.260 105.718 37.601
201909 26.372 106.018 32.677
201912 22.979 105.818 28.527
202003 22.369 105.718 27.796
202006 22.295 106.618 27.470
202009 22.996 105.818 28.548
202012 23.480 105.518 29.231
202103 24.220 107.518 29.592
202106 23.952 108.486 29.003
202109 24.527 109.435 29.442
202112 25.028 110.384 29.785
202203 25.609 113.968 29.518
202206 25.489 115.760 28.925
202209 27.146 118.818 30.012
202212 27.146 119.345 29.880
202303 27.214 122.402 29.206
202306 27.175 123.140 28.990
202309 27.784 124.195 29.388
202312 27.909 123.773 29.621
202403 28.552 125.038 29.996
202406 29.150 125.882 30.420
202409 29.429 126.198 30.634
202412 31.241 127.041 32.304
202503 31.221 127.779 32.097
202506 31.686 128.412 32.414
202509 32.530 129.255 33.061
202512 34.543 129.361 35.078
202603 34.212 131.258 34.239
202606 33.964 131.364 33.964

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 Vossloh AG (XTER:VOS) Overvalued in 2026?

Based on GuruFocus' analysis, Vossloh AG stock appears to be undervalued. The current stock price of €54.65 is trading 4.4% below its estimated GF Value™ of €57.19. GuruFocus considers Vossloh AG to be Fairly Valued.

Key valuation signals for XTER:VOS:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €57.19 vs. price of €54.65 (4.4% below fair value)
  • GF Score™: 79/100 with 3 warning signs

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


Vossloh AG Business Description

Other Exchanges VOSSF:USA0N2Z:UKVOS:Austria
Address Vosslohstrasse 4, Werdohl, NW, DEU, 58791
Vossloh AG is a rail infrastructure manufacturer domiciled in Germany. The company organizes itself into three segments: Customized Modules, Core Components, and Life Cycle Solutions (rail solutions). The Core Components segment provides rail fastening systems and manufactures concrete railway ties. The Customized Modules segment manufactures, installs, and maintains switch systems and monitoring equipment for rail networks, and the Life Cycle Solutions segment maintains, tracks, switches, and recycles old rails. The company also provides digital-based services for the entire lifecycle of rails and switches. It derives a majority of its revenue in Europe, and the rest from its operations in Asia, Africa including the Middle East, Australia, and the Americas.
79GF Score

Get the complete analysis for XTER:VOS

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

€54.65
Price
€57.19
GF Value