Metro Performance Glass (ASX:MPP) Cyclically Adjusted Book per Share: A$15.04 (As of Mar. 2026)


ASX:MPP Metro Performance Glass Ltd ASX:MPP
33 GF Score
Price A$0.95
GF Value A$0.49
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Metro Performance Glass Cyclically Adjusted Book per Share?

Metro Performance Glass ASX:MPP 33 Cyclically Adjusted Book per Share is A$15.04 as of Mar. 2026. GuruFocus rates ASX:MPP with a GF Score™ of 33/100 and a GF Value™ of A$0.49 (Significantly Overvalued). The stock has 6 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Metro Performance Glass's adjusted book value per share data for the fiscal year that ended in Mar. 2026 was A$2.032. 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 A$15.04 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Metro Performance Glass's average Cyclically Adjusted Book Growth Rate was -11.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

As of today (2026-06-27), Metro Performance Glass's current stock price is A$ 0.945. Metro Performance Glass's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar. 2026 was A$15.04. Metro Performance Glass's Cyclically Adjusted PB Ratio of today is 0.06.

During the past 11 years, the highest Cyclically Adjusted PB Ratio of Metro Performance Glass was 0.09. The lowest was 0.04. And the median was 0.07.


Metro Performance Glass  (ASX:MPP) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Metro Performance Glass's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.945/15.04
=0.06

* 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.

During the past 11 years, the highest Cyclically Adjusted PB Ratio of Metro Performance Glass was 0.09. The lowest was 0.04. And the median was 0.07.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Metro Performance Glass Cyclically Adjusted Book per Share Related Terms


Metro Performance Glass Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Metro Performance Glass's Cyclically Adjusted Book per Share 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.

Metro Performance Glass Cyclically Adjusted Book per Share Chart

Metro Performance Glass Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 26.17 15.04

Metro Performance Glass Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Cyclically Adjusted Book per Share 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 26.17 0.00 15.04

ASX:MPP vs TT, JCI, CARR: Cyclically Adjusted Book per Share Comparison

For the Building Products & Equipment subindustry, Metro Performance Glass'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.


Metro Performance Glass Cyclically Adjusted PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, Metro Performance Glass's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Metro Performance Glass's Cyclically Adjusted PB Ratio falls into.


ASX:MPP
33GF Score
Metro Performance Glass Ltd ASX:MPP
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Metro Performance Glass Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Metro Performance Glass's adjusted Book Value per Share data for the fiscal year that ended in Mar. 2026 was:

Adj_Book=Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=2.032/136.8867*136.8867
=2.032

Current CPI (Mar. 2026) = 136.8867.

Metro Performance Glass Annual Data

Book Value per Share CPI Adj_Book
201703 25.629 102.231 34.317
201803 26.673 103.355 35.327
201903 26.941 104.889 35.160
202003 13.309 107.547 16.940
202103 13.837 109.182 17.348
202203 14.166 116.747 16.610
202303 12.480 124.517 13.720
202403 8.082 129.526 8.541
202503 5.752 132.798 5.929
202603 2.032 136.887 2.032

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

What does a Cyclically Adjusted Book per Share of A$15.04 mean?
Metro Performance Glass (ASX:MPP) has a Cyclically Adjusted Book per Share of A$15.04 as of Mar. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Metro Performance Glass and its competitors.
Is Metro Performance Glass' Cyclically Adjusted Book per Share too high?
Metro Performance Glass' current Cyclically Adjusted Book per Share is A$15.04. Overall, Metro Performance Glass has a GF Score™ of 33/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Metro Performance Glass' Cyclically Adjusted Book per Share compare to TT and JCI?
Metro Performance Glass' Cyclically Adjusted Book per Share of A$15.04 can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Construction company?
A good Cyclically Adjusted Book per Share depends on the Construction industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Metro Performance Glass and its competitors. Metro Performance Glass's current Cyclically Adjusted Book per Share is A$15.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Metro Performance Glass stock overvalued right now?
Based on GuruFocus' analysis, Metro Performance Glass (ASX:MPP) is currently considered Significantly Overvalued. The stock's GF Value™ is A$0.49, compared to a current price of A$0.95 — trading 92.9% above its estimated fair value. The current Cyclically Adjusted Book per Share is A$15.04. Metro Performance Glass' overall GF Score™ is 33/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Metro Performance Glass (ASX:MPP), the current Cyclically Adjusted Book per Share is A$15.04 as of Mar. 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 Metro Performance Glass (ASX:MPP) Overvalued in 2026?

Based on GuruFocus' analysis, Metro Performance Glass stock appears to be overvalued. The current stock price of A$0.95 is trading 92.9% above its estimated GF Value™ of A$0.49. GuruFocus considers Metro Performance Glass to be Significantly Overvalued.

Key valuation signals for ASX:MPP:

  • Cyclically Adjusted Book per Share: A$15.04
  • GF Value™: A$0.49 vs. price of A$0.95 (92.9% above fair value)
  • GF Score™: 33/100 with 6 warning signs

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


Metro Performance Glass Business Description

Other Exchanges MPG:New Zealand
Address 5 Lady Fisher Place, East Tamaki, Auckland, NZL, 2013
Metro Performance Glass Ltd operates as a glass processor. It group supplies processed flat glass and related products to the residential and commercial building sectors. It offers a range of glass products, including Decorative Glass, low Glass, Mirrors, bathroom shower screens, Shower Glass, Safety Security glass, Obscure, Frosted, and Privacy Glass, doors, and others. Its geographical segments include New Zealand and Australia. It generates a majority of its revenue from New Zealand.
33GF Score

Get the complete analysis for ASX:MPP

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

A$0.95
Price
A$0.49
GF Value