Mercedes-Benz Group AG (BSE:DAI) Cyclically Adjusted Book per Share: lei411.54 (As of Mar. 2026)


BSE:DAI Mercedes-Benz Group AG BSE:DAI
70 GF Score
Price lei232.55
GF Value lei283.15
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Mercedes-Benz Group AG Cyclically Adjusted Book per Share?

Mercedes-Benz Group AG BSE:DAI +0.74% 70 Cyclically Adjusted Book per Share is lei411.54 as of Mar. 2026. GuruFocus rates BSE:DAI with a GF Score™ of 70/100 and a GF Value™ of lei283.15 (Modestly Undervalued). The stock has 5 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.

Mercedes-Benz Group AG's adjusted book value per share for the three months ended in Mar. 2026 was lei526.255. 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 lei411.54 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Mercedes-Benz Group AG's average Cyclically Adjusted Book Growth Rate was 7.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 10.00% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 7.70% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Mercedes-Benz Group AG was 11.10% per year. The lowest was -1.50% per year. And the median was 5.30% per year.

As of today (2026-07-11), Mercedes-Benz Group AG's current stock price is lei232.55. Mercedes-Benz Group AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was lei411.54. Mercedes-Benz Group AG's Cyclically Adjusted PB Ratio of today is 0.57.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Mercedes-Benz Group AG was 1.48. The lowest was 0.39. And the median was 0.99.


Mercedes-Benz Group AG  (BSE:DAI) 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.

Mercedes-Benz Group AG's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=232.55/411.54
=0.57

* 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 13 years, the highest Cyclically Adjusted PB Ratio of Mercedes-Benz Group AG was 1.48. The lowest was 0.39. And the median was 0.99.


Be Aware

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


Mercedes-Benz Group AG Cyclically Adjusted Book per Share Related Terms


Mercedes-Benz Group AG Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Mercedes-Benz Group AG'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.

Mercedes-Benz Group AG Cyclically Adjusted Book per Share Chart

Mercedes-Benz Group AG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 278.30 310.85 341.55 365.58 396.04

Mercedes-Benz Group AG Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 380.17 382.90 396.33 396.04 411.54

BSE:DAI vs TSLA, GM, F: Cyclically Adjusted Book per Share Comparison

For the Auto Manufacturers subindustry, Mercedes-Benz Group 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.


Mercedes-Benz Group AG Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Mercedes-Benz Group AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Mercedes-Benz Group AG's Cyclically Adjusted PB Ratio falls into.


BSE:DAI
70GF Score
Mercedes-Benz Group AG BSE:DAI
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Mercedes-Benz Group AG 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, Mercedes-Benz Group AG'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)
=526.255/131.2583*131.2583
=526.255

Current CPI (Mar. 2026) = 131.2583.

Mercedes-Benz Group AG Quarterly Data

Book Value per Share CPI Adj_Book
201606 247.441 100.717 322.475
201609 258.380 101.017 335.731
201612 262.099 101.217 339.891
201703 263.377 101.417 340.874
201706 287.047 102.117 368.962
201709 314.625 102.717 402.047
201712 324.082 102.617 414.536
201803 346.361 102.917 441.741
201806 315.385 104.017 397.981
201809 321.341 104.718 402.785
201812 315.439 104.217 397.285
201903 322.161 104.217 405.751
201906 293.044 105.718 363.842
201909 289.777 106.018 358.767
201912 292.247 105.818 362.509
202003 292.012 105.718 362.560
202006 277.240 106.618 341.313
202009 288.581 105.818 357.962
202012 316.573 105.518 393.800
202103 338.839 107.518 413.656
202106 365.027 108.486 441.651
202109 371.678 109.435 445.798
202112 348.590 110.384 414.512
202203 364.721 113.968 420.053
202206 350.179 115.760 397.061
202209 346.380 118.818 382.647
202212 387.956 119.345 426.683
202303 412.332 122.402 442.165
202306 407.203 123.140 434.047
202309 416.457 124.195 440.143
202312 429.108 123.773 455.059
202403 446.341 125.038 468.545
202406 462.757 125.882 482.523
202409 475.510 126.198 494.578
202412 462.041 127.041 477.378
202503 485.688 127.779 498.912
202506 499.075 128.412 510.138
202509 515.767 129.255 523.760
202512 523.239 129.361 530.915
202603 526.255 131.258 526.255

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 lei411.54 mean?
Mercedes-Benz Group AG (BSE:DAI) has a Cyclically Adjusted Book per Share of lei411.54 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 Mercedes-Benz Group AG and its competitors.
Is Mercedes-Benz Group AG's Cyclically Adjusted Book per Share too high?
Mercedes-Benz Group AG's current Cyclically Adjusted Book per Share is lei411.54. Overall, Mercedes-Benz Group AG has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mercedes-Benz Group AG's Cyclically Adjusted Book per Share compare to TSLA and GM?
Mercedes-Benz Group AG's Cyclically Adjusted Book per Share of lei411.54 can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Cyclically Adjusted Book per Share depends on the Vehicles & Parts 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 Mercedes-Benz Group AG and its competitors. Mercedes-Benz Group AG's current Cyclically Adjusted Book per Share is lei411.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mercedes-Benz Group AG stock overvalued right now?
Based on GuruFocus' analysis, Mercedes-Benz Group AG (BSE:DAI) is currently considered Modestly Undervalued. The stock's GF Value™ is lei283.15, compared to a current price of lei232.55 — trading 17.9% below its estimated fair value. The current Cyclically Adjusted Book per Share is lei411.54. Mercedes-Benz Group AG's overall GF Score™ is 70/100 with 5 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 Mercedes-Benz Group AG (BSE:DAI), the current Cyclically Adjusted Book per Share is lei411.54 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 Mercedes-Benz Group AG (BSE:DAI) Overvalued in 2026?

Based on GuruFocus' analysis, Mercedes-Benz Group AG stock appears to be undervalued. The current stock price of lei232.55 is trading 17.9% below its estimated GF Value™ of lei283.15. GuruFocus considers Mercedes-Benz Group AG to be Modestly Undervalued.

Key valuation signals for BSE:DAI:

  • Cyclically Adjusted Book per Share: lei411.54
  • GF Value™: lei283.15 vs. price of lei232.55 (17.9% below fair value)
  • GF Score™: 70/100 with 5 warning signs

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


Mercedes-Benz Group AG Business Description

Address Mercedesstrasse 120, Stuttgart, BW, DEU, 70372
Mercedes-Benz Group is a premium automotive original equipment manufacturer, selling around 2 million passenger cars, including its Chinese joint venture, and just under 400,000 vans per year. The company's financial profile improved significantly following the spinoff of Daimler Truck in 2021. Unlike most automotive OEMs, Mercedes operates under its brand alone. In 2025, 15% of its passenger cars sold were top end (G Class, Maybach, AMG, S Class), 58% were core (C and E Class), and 27% entry (A and B Class). In volume terms, Asia and Europe are Mercedes' largest markets, representing 41% and 36% of 2025 vehicle sales, respectively, followed by North America at 16%.
70GF Score

Get the complete analysis for BSE:DAI

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

lei232.55
Price
lei283.15
GF Value