Monbat AD (FRA:5MB) Cyclically Adjusted Book per Share: €3.52 (As of Jun. 2026)

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FRA:5MB Monbat AD FRA:5MB
68 GF Score
Price €0.95
GF Value €2.67
! 4 Warning Signs
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What is Monbat AD Cyclically Adjusted Book per Share?

Monbat AD FRA:5MB -1.04% 68 Cyclically Adjusted Book per Share is €3.52 as of Jun. 2026. GuruFocus rates FRA:5MB with a GF Score™ of 68/100 and a GF Value™ of €2.67. 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.

Monbat AD's adjusted book value per share for the three months ended in Jun. 2026 was €2.767. 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 €3.52 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Monbat AD's average Cyclically Adjusted Book Growth Rate was 1.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 2.10% 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 Monbat AD was 3.70% per year. The lowest was 2.10% per year. And the median was 2.90% per year.

As of today (2026-09-22), Monbat AD's current stock price is €0.95. Monbat AD's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €3.52. Monbat AD's Cyclically Adjusted PB Ratio of today is 0.27.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Monbat AD was 2.30. The lowest was 0.29. And the median was 1.19.


Monbat AD  (FRA:5MB) 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.

Monbat AD's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.95/3.524
=0.27

* 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 Monbat AD was 2.30. The lowest was 0.29. And the median was 1.19.


Be Aware

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


Monbat AD Cyclically Adjusted Book per Share Related Terms


Monbat AD Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Monbat AD'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.

Monbat AD Cyclically Adjusted Book per Share Chart

Monbat AD 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 3.83 3.92 4.07 3.91 3.67

Monbat AD Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 3.74 3.69 3.60 3.58 3.52

FRA:5MB vs VRT, BE, HUBB: Cyclically Adjusted Book per Share Comparison

For the Electrical Equipment & Parts subindustry, Monbat AD'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.


Monbat AD Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

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


FRA:5MB
68GF Score
Monbat AD FRA:5MB
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Monbat AD 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, Monbat AD'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)
=2.767/333.9520*333.9520
=2.767

Current CPI (Jun. 2026) = 333.9520.

Monbat AD Quarterly Data

Book Value per Share CPI Adj_Book
201606 2.359 241.018 3.269
201609 2.451 241.428 3.390
201612 4.940 241.432 6.833
201703 2.627 243.801 3.598
201706 2.579 244.955 3.516
201709 2.675 246.819 3.619
201712 2.730 246.524 3.698
201803 2.917 249.554 3.904
201806 3.061 251.989 4.057
201809 3.081 252.439 4.076
201812 2.912 251.233 3.871
201903 3.011 254.202 3.956
201906 2.962 256.143 3.862
201909 2.840 256.759 3.694
201912 2.826 256.974 3.673
202003 2.849 258.115 3.686
202006 2.872 257.797 3.720
202009 2.915 260.280 3.740
202012 2.896 260.474 3.713
202103 2.882 264.877 3.634
202106 2.848 271.696 3.501
202109 2.893 274.310 3.522
202112 2.968 278.802 3.555
202203 2.824 287.504 3.280
202206 2.858 296.311 3.221
202209 2.916 296.808 3.281
202303 2.995 301.836 3.314
202306 2.913 305.109 3.188
202309 2.952 307.789 3.203
202312 2.892 306.746 3.148
202403 2.934 312.332 3.137
202406 2.934 314.175 3.119
202409 2.943 315.301 3.117
202412 2.916 315.605 3.086
202503 2.959 319.799 3.090
202506 2.890 322.561 2.992
202509 2.848 324.800 2.928
202512 2.948 324.054 3.038
202603 2.930 330.213 2.963
202606 2.767 333.952 2.767

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 €3.52 mean?
Monbat AD (FRA:5MB) has a Cyclically Adjusted Book per Share of €3.52 as of Jun. 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 Monbat AD and its competitors.
Is Monbat AD's Cyclically Adjusted Book per Share too high?
Monbat AD's current Cyclically Adjusted Book per Share is €3.52. Overall, Monbat AD has a GF Score™ of 68/100, reflecting its overall financial health beyond just this single metric.
How does Monbat AD's Cyclically Adjusted Book per Share compare to VRT and BE?
Monbat AD's Cyclically Adjusted Book per Share of €3.52 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 Monbat AD and its competitors. Monbat AD's current Cyclically Adjusted Book per Share is €3.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Monbat AD stock overvalued right now?
Monbat AD (FRA:5MB) has a current Cyclically Adjusted Book per Share of €3.52. The stock's GF Value™ is €2.67, compared to a current price of €0.95 — trading 64.4% below its estimated fair value. The current Cyclically Adjusted Book per Share is €3.52. Monbat AD's overall GF Score™ is 68/100 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 Monbat AD (FRA:5MB), the current Cyclically Adjusted Book per Share is €3.52 as of Jun. 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 Monbat AD (FRA:5MB) Overvalued in 2026?

Based on GuruFocus' analysis, Monbat AD stock appears to be undervalued. The current stock price of €0.95 is trading 64.4% below its estimated GF Value™ of €2.67.

Key valuation signals for FRA:5MB:

  • Cyclically Adjusted Book per Share: €3.52
  • GF Value™: €2.67 vs. price of €0.95 (64.4% below fair value)
  • GF Score™: 68/100 with 4 warning signs

No single metric tells the full story. See the FRA:5MB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Monbat AD Business Description

Other Exchanges MONB:Bulgaria
Address 32 A Cherni vrah boulevard, Floor 4, Sofia, BGR, 1407
Monbat AD is a Bulgarian industrial group centered on lead-acid battery manufacturing and lead recycling. It produces starter batteries for automotive and commercial vehicles, stationary and deep-cycle batteries for industrial, telecom and renewable-energy applications, leisure batteries, and specialty batteries for military and locomotive use. Its products are sold under brands including Monbat, Start, and others through distributors, retailers, and its own commercial network, serving customers in Bulgaria and export markets across Europe, Africa, and the Middle East. The company also manufactures battery production equipment, operates lead and lead-alloy recycling facilities that supply its own manufacturing, and has a lighting segment producing LED products. Revenue comes mainly from battery sales, with recycling and equipment operations supporting the vertically integrated supply chain. Monbat operates production and recycling sites in Bulgaria and other European locations.
68GF Score

Get the complete analysis for FRA:5MB

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

€0.95
Price
€2.67
GF Value