ACI DD (ZAG:ACI) Cyclically Adjusted PB Ratio: 1.12 (As of Aug. 14, 2026) — 15% Below Median

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.

ZAG:ACI ACI DD ZAG:ACI
37 GF Score
Price €800.00
GF Value €914.74
! 3 Warning Signs
View Full Analysis

What is ACI DD Cyclically Adjusted PB Ratio?

ACI DD ZAG:ACI 37 Cyclically Adjusted PB Ratio is 1.12 as of Aug. 14, 2026, which is 15% below its 10-year median of 1.31. GuruFocus rates ZAG:ACI with a GF Score™ of 37/100 and a GF Value™ of €914.74. The stock has 3 warning signs investors should review.

As of today (2026-08-14), ACI DD's current share price is €800.00. ACI DD's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €717.47. ACI DD's Cyclically Adjusted PB Ratio for today is 1.12.

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

ZAG:ACI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.12   Med: 1.31   Max: 11.66
Current: 1.12

During the past years, ACI DD's highest Cyclically Adjusted PB Ratio was 11.66. The lowest was 1.12. And the median was 1.31.

ZAG:ACI's Cyclically Adjusted PB Ratio is not ranked
in the Travel & Leisure industry.
Industry Median: 1.2 vs ZAG:ACI: 1.12

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.

ACI DD's adjusted book value per share data for the three months ended in Jun. 2026 was €615.595. 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 €717.47 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


ACI DD  (ZAG:ACI) 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.


ACI DD Cyclically Adjusted PB Ratio Related Terms


ACI DD Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for ACI DD'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.

ACI DD Cyclically Adjusted PB Ratio Chart

ACI DD 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 0.00 10.85 1.39 1.23 1.15

ACI DD 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 1.22 1.14 1.15 1.12 1.12

ZAG:ACI vs AS, HAS, LTH: Cyclically Adjusted PB Ratio Comparison

For the Leisure subindustry, ACI DD'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.


ACI DD Cyclically Adjusted PB Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, ACI DD's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


ZAG:ACI
37GF Score
ACI DD ZAG:ACI
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ACI DD 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.

ACI DD's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=800.00/717.47
=1.12

* 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.

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

For example, ACI DD'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)
=615.595/333.9520*333.9520
=615.595

Current CPI (Jun. 2026) = 333.9520.

ACI DD Quarterly Data

Book Value per Share CPI Adj_Book
201609 567.423 241.428 784.880
201612 541.108 241.432 748.468
201703 541.982 243.801 742.392
201706 549.712 244.955 749.433
201709 579.730 246.819 784.389
201712 574.090 246.524 777.687
201803 567.541 249.554 759.481
201806 572.784 251.989 759.090
201809 607.378 252.439 803.501
201812 597.144 251.233 793.755
201903 594.198 254.202 780.614
201906 607.703 256.143 792.306
201909 616.459 256.759 801.794
201912 611.117 256.974 794.181
202003 589.757 258.115 763.034
202006 585.036 257.797 757.860
202009 583.288 260.280 748.387
202012 568.126 260.474 728.391
202103 559.595 264.877 705.527
202106 567.928 271.696 698.062
202109 603.396 274.310 734.590
202112 586.721 278.802 702.781
202203 574.937 287.504 667.822
202206 593.721 296.311 669.143
202209 621.910 296.808 699.739
202212 628.180 296.797 706.820
202303 607.748 301.836 672.414
202306 619.099 305.109 677.625
202309 656.649 307.789 712.466
202312 645.441 306.746 702.687
202403 614.225 312.332 656.742
202406 621.568 314.175 660.695
202409 659.631 315.301 698.650
202412 635.063 315.605 671.981
202503 606.000 319.799 632.819
202506 606.856 322.561 628.287
202509 646.162 324.800 664.369
202512 616.793 324.054 635.633
202603 607.757 330.213 614.639
202606 615.595 333.952 615.595

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 1.12 mean?
ACI DD (ZAG:ACI) has a Cyclically Adjusted PB Ratio of 1.12 as of Aug. 14, 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 ACI DD and its competitors. This is 15% below median its historical median of 1.31. Over the past decade, ACI DD's Cyclically Adjusted PB Ratio has ranged from 1.12 to 11.66.
Is ACI DD's Cyclically Adjusted PB Ratio too high?
ACI DD's current Cyclically Adjusted PB Ratio of 1.12 is 15% below median its 10-year median of 1.31. Over the past 10 years, this metric has ranged from a low of 1.12 to a high of 11.66. The Travel & Leisure industry median Cyclically Adjusted PB Ratio is 1.20. ACI DD's value of 1.12 is 6.7% below this industry median. Overall, ACI DD has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does ACI DD's Cyclically Adjusted PB Ratio compare to AS and HAS?
ACI DD's Cyclically Adjusted PB Ratio of 1.12 can be compared against companies in the Travel & Leisure industry. The industry median Cyclically Adjusted PB Ratio is 1.20. ACI DD's value of 1.12 is 6.7% below this benchmark. Historically, ACI DD's own Cyclically Adjusted PB Ratio has ranged from 1.12 to 11.66 over the past decade. While the company's 10-year median is 1.31 vs. the industry median of 1.20, ACI DD 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 Travel & Leisure company?
The median Cyclically Adjusted PB Ratio among Travel & Leisure companies is 1.20, based on 639 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. ACI DD's current Cyclically Adjusted PB Ratio of 1.12 is 6.7% 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 ACI DD and its competitors. For the Travel & Leisure industry, the median Cyclically Adjusted PB Ratio is 1.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ACI DD's current Cyclically Adjusted PB Ratio is 1.12, which is 15% below median its own 10-year median of 1.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ACI DD stock overvalued right now?
ACI DD (ZAG:ACI) has a current Cyclically Adjusted PB Ratio of 1.12. The stock's GF Value™ is €914.74, compared to a current price of €800.00 — trading 12.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.12, which is 15% below median its 10-year median of 1.31 and 6.7% below the Travel & Leisure industry median of 1.20. ACI DD's overall GF Score™ is 37/100 with 3 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 ACI DD (ZAG:ACI), the current Cyclically Adjusted PB Ratio is 1.12 as of Aug. 14, 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 ACI DD (ZAG:ACI) Overvalued in 2026?

Based on GuruFocus' analysis, ACI DD stock appears to be undervalued. The current stock price of €800.00 is trading 12.5% below its estimated GF Value™ of €914.74.

Key valuation signals for ZAG:ACI:

  • Cyclically Adjusted PB Ratio: 1.12 (15% below median its 10-year median of 1.31)
  • GF Value™: €914.74 vs. price of €800.00 (12.5% below fair value)
  • GF Score™: 37/100 with 3 warning signs
  • Industry Position: 6.7% below the Travel & Leisure median

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


ACI DD Business Description

Address Rudolfa Strohala 2, Rijeka, HRV, 51000
ACI DD is engaged in providing berthing services to boats in marinas along the Croatian coast, and other activities related to chartering, construction, and repair of boats, as well as other activities. The company reports one segment as a whole for providing berth services.
37GF Score

Get the complete analysis for ZAG:ACI

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

€800.00
Price
€914.74
GF Value