Cenit AG (CHIX:CSHD) Price-to-Tangible-Book: (As of Sep. 15, 2026)

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CHIX:CSHD Cenit AG CHIX:CSHD
80 GF Score
Price €13.06
GF Value €14.81
! 4 Warning Signs
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What is Cenit AG Price-to-Tangible-Book?

As of today (2026-09-15), Cenit AG's share price is €13.06251. Cenit AG's Tangible Book per Share of Jun. 2026 for the quarter that ended in Jun. 2026 was €-1.48. Hence, Cenit AG's Price to Tangible Book Ratio of today is .

The historical rank and industry rank for Cenit AG's Price-to-Tangible-Book or its related term are showing as below:

During the past 13 years, Cenit AG's highest Price to Tangible Book Ratio was 339.98. The lowest was 2.80. And the median was 4.90.

CHIX:CSHd's Price-to-Tangible-Book is not ranked *
in the Software industry.
Industry Median: 3.34
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Cenit AG's share price is €13.06251. Cenit AG's Book Value per Sharefor the quarter that ended in Jun. 2026 was €4.82. Hence, Cenit AG's P/B Ratio of today is 2.71.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.

Cenit AG Price-to-Tangible-Book Related Terms

Cenit AG Price-to-Tangible-Book Historical Data

* Premium members only.

The historical data trend for Cenit AG's Price-to-Tangible-Book 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.

Cenit AG Price-to-Tangible-Book Chart

Cenit AG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.44 21.52 0.00 0.00 0.00

Cenit AG Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Price-to-Tangible-Book 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 0.00 0.00 0.00 0.00 0.00

CHIX:CSHD vs CRM, SHOP, UBER: Price-to-Tangible-Book Comparison

For the Software - Application subindustry, Cenit AG's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.

Cenit AG Price-to-Tangible-Book vs Software Industry

For the Software industry and Technology sector, Cenit AG's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Cenit AG's Price-to-Tangible-Book falls into.


CHIX:CSHD
80GF Score
Cenit AG CHIX:CSHD
Price-to-Tangible-Book is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cenit AG Price-to-Tangible-Book Calculation

Cenit AG's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jun. 2026 )
=13.06251/-1.484
=

* 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.

It can also be calculated from the numbers for the whole company:

Price to Tangible Book=Market Cap/Tangible Equity
=Market Cap/(Total Stockholders Equity-Preferred Stock-Intangible Assets)

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.

Is Cenit AG (CHIX:CSHD) Overvalued in 2026?

Based on GuruFocus' analysis, Cenit AG stock appears to be undervalued. The current stock price of €13.06 is trading 11.8% below its estimated GF Value™ of €14.81.

Key valuation signals for CHIX:CSHD:

  • Price-to-Tangible-Book:
  • GF Value™: €14.81 vs. price of €13.06 (11.8% below fair value)
  • GF Score™: 80/100 with 4 warning signs

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

Cenit AG Business Description

Other Exchanges 0MUF:UKCSH:Germany
Address Industriestrasse 52-54, Stuttgart, DEU, 70565
Cenit AG specializes in the sale and integration of software and IT services. The Group has two reportable segments: EIM (Enterprise Information Management) and PLM (Product Lifecycle Management). The majority of its revenue is generated from the PLM segment, which focuses on industrial customers and the corresponding technologies, providing products and services in product lifecycle management, such as CATIA from Dassault Systemes or SAP, and internally developed software such as cenitCONNECT and FASTSUITE. The EIM segment serves businesses, banks, insurers, and utilities by providing IBM-based and in-house software solutions and consulting for document management and business intelligence. Geographically, it derives key revenue from Germany, followed by France, North America, and others.
80GF Score

Get the complete analysis for CHIX:CSHD

Price-to-Tangible-Book is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€13.06
Price
€14.81
GF Value