Metawater Co (FRA:2MW) Cyclically Adjusted Book per Share: €7.53 (As of Mar. 2026)


FRA:2MW Metawater Co Ltd FRA:2MW
94 GF Score
Price €17.80
GF Value €14.22
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Metawater Co Cyclically Adjusted Book per Share?

Metawater Co FRA:2MW +0.56% 94 Cyclically Adjusted Book per Share is €7.53 as of Mar. 2026. GuruFocus rates FRA:2MW with a GF Score™ of 94/100 and a GF Value™ of €14.22 (Modestly Overvalued). The stock has 4 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.

Metawater Co's adjusted book value per share for the three months ended in Mar. 2026 was €11.161. 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 €7.53 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Metawater Co's average Cyclically Adjusted Book Growth Rate was 8.40% 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 (2026-07-04), Metawater Co's current stock price is €17.80. Metawater Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €7.53. Metawater Co's Cyclically Adjusted PB Ratio of today is 2.36.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Metawater Co was 3.08. The lowest was 1.41. And the median was 1.73.


Metawater Co  (FRA:2MW) 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.

Metawater Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=17.80/7.53
=2.36

* 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 Metawater Co was 3.08. The lowest was 1.41. And the median was 1.73.


Be Aware

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


Metawater Co Cyclically Adjusted Book per Share Related Terms


Metawater Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Metawater Co'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.

Metawater Co Cyclically Adjusted Book per Share Chart

Metawater Co 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 7.77 7.53

Metawater Co 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 7.77 7.64 7.53 7.37 7.53

FRA:2MW vs VLTO, ZWS, CECO: Cyclically Adjusted Book per Share Comparison

For the Pollution & Treatment Controls subindustry, Metawater Co'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.


Metawater Co Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Metawater Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:2MW
94GF Score
Metawater Co Ltd FRA:2MW
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Metawater Co 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, Metawater Co'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)
=11.161/112.7000*112.7000
=11.161

Current CPI (Mar. 2026) = 112.7000.

Metawater Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 7.489 98.100 8.604
201609 7.407 98.000 8.518
201612 6.692 98.400 7.665
201703 8.328 98.100 9.567
201706 7.596 98.500 8.691
201709 6.951 98.800 7.929
201712 6.772 99.400 7.678
201803 8.099 99.200 9.201
201806 7.785 99.200 8.844
201809 7.575 99.900 8.546
201812 7.686 99.700 8.688
201903 9.044 99.700 10.223
201906 9.030 99.800 10.197
201909 9.109 100.100 10.256
201912 7.680 100.500 8.612
202003 9.566 100.300 10.749
202006 8.885 99.900 10.023
202009 8.519 99.900 9.611
202012 8.331 99.300 9.455
202103 9.455 99.900 10.666
202106 8.964 99.500 10.153
202109 9.118 100.100 10.266
202112 9.140 100.100 10.290
202203 10.414 101.100 11.609
202206 9.400 101.800 10.406
202209 9.542 103.100 10.430
202212 9.520 104.100 10.306
202303 10.450 104.400 11.281
202306 9.385 105.200 10.054
202309 9.328 106.200 9.899
202312 9.640 106.800 10.173
202403 10.268 107.200 10.795
202406 9.630 108.200 10.031
202409 10.494 108.900 10.860
202412 9.975 110.700 10.155
202503 11.562 111.100 11.729
202506 10.750 111.700 10.846
202509 10.399 112.000 10.464
202512 10.048 113.000 10.021
202603 11.161 112.700 11.161

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 €7.53 mean?
Metawater Co (FRA:2MW) has a Cyclically Adjusted Book per Share of €7.53 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 Metawater Co and its competitors.
Is Metawater Co's Cyclically Adjusted Book per Share too high?
Metawater Co's current Cyclically Adjusted Book per Share is €7.53. Overall, Metawater Co has a GF Score™ of 94/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Metawater Co's Cyclically Adjusted Book per Share compare to VLTO and ZWS?
Metawater Co's Cyclically Adjusted Book per Share of €7.53 can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Cyclically Adjusted Book per Share depends on the Industrial Products 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 Metawater Co and its competitors. Metawater Co's current Cyclically Adjusted Book per Share is €7.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Metawater Co stock overvalued right now?
Based on GuruFocus' analysis, Metawater Co (FRA:2MW) is currently considered Modestly Overvalued. The stock's GF Value™ is €14.22, compared to a current price of €17.80 — trading 25.2% above its estimated fair value. The current Cyclically Adjusted Book per Share is €7.53. Metawater Co's overall GF Score™ is 94/100 with 4 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 Metawater Co (FRA:2MW), the current Cyclically Adjusted Book per Share is €7.53 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 Metawater Co (FRA:2MW) Overvalued in 2026?

Based on GuruFocus' analysis, Metawater Co stock appears to be overvalued. The current stock price of €17.80 is trading 25.2% above its estimated GF Value™ of €14.22. GuruFocus considers Metawater Co to be Modestly Overvalued.

Key valuation signals for FRA:2MW:

  • Cyclically Adjusted Book per Share: €7.53
  • GF Value™: €14.22 vs. price of €17.80 (25.2% above fair value)
  • GF Score™: 94/100 with 4 warning signs

No single metric tells the full story. See the FRA:2MW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Metawater Co Business Description

Other Exchanges MTWTF:USA9551:Japan
Address JR Kanda Manseibashi Building 1-25, Kanda-sudacho, Chiyoda-ku, Tokyo, JPN, 101-0041
Metawater Co Ltd is a Japan-based company, which offers optimum solutions for creating a circulation of water recourses while focusing on the plant engineering business and service solution business. It manufactures mechanical and electrical equipment for water and wastewater treatment. The company operates in two segments; Plant Engineering segment, which involves in the design, procurement and sale of mechanical and electrical equipment, used in water purification plants and sewage treatment plants; and the Service Solution segment involves in the repair, maintenance and operation management of mechanical and electrical equipment used in water purification plants and sewage treatment plants, providing equipment inspection, repair, maintenance, and other services.
94GF Score

Get the complete analysis for FRA:2MW

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

€17.80
Price
€14.22
GF Value