Modine Manufacturing Co (FRA:MMF) Cyclically Adjusted Book per Share: €10.81 (As of Mar. 2026)


FRA:MMF Modine Manufacturing Co FRA:MMF
76 GF Score
Price €235.20
GF Value €125.59
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Modine Manufacturing Co Cyclically Adjusted Book per Share?

Modine Manufacturing Co FRA:MMF -5.35% 76 Cyclically Adjusted Book per Share is €10.81 as of Mar. 2026. GuruFocus rates FRA:MMF with a GF Score™ of 76/100 and a GF Value™ of €125.59 (Significantly 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.

Modine Manufacturing Co's adjusted book value per share for the three months ended in Mar. 2026 was €19.569. 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 €10.81 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Modine Manufacturing Co's average Cyclically Adjusted Book Growth Rate was 12.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.70% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 3.10% 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 Modine Manufacturing Co was 9.50% per year. The lowest was -9.80% per year. And the median was 3.65% per year.

As of today (2026-06-29), Modine Manufacturing Co's current stock price is €235.20. Modine Manufacturing Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €10.81. Modine Manufacturing Co's Cyclically Adjusted PB Ratio of today is 21.76.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Modine Manufacturing Co was 22.46. The lowest was 0.34. And the median was 1.81.


Modine Manufacturing Co  (FRA:MMF) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=235.20/10.81
=21.76

* 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 Modine Manufacturing Co was 22.46. The lowest was 0.34. And the median was 1.81.


Be Aware

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


Modine Manufacturing Co Cyclically Adjusted Book per Share Related Terms


Modine Manufacturing Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Modine Manufacturing 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.

Modine Manufacturing Co Cyclically Adjusted Book per Share Chart

Modine Manufacturing 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 8.71 9.44 10.22 11.01 10.81

Modine Manufacturing 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 11.01 10.68 10.51 10.94 10.81

FRA:MMF vs BWA, APTV, AUR: Cyclically Adjusted Book per Share Comparison

For the Auto Parts subindustry, Modine Manufacturing 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.


Modine Manufacturing Co Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Modine Manufacturing Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:MMF
76GF Score
Modine Manufacturing Co FRA:MMF
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Modine Manufacturing 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, Modine Manufacturing 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)
=19.569/330.2130*330.2130
=19.569

Current CPI (Mar. 2026) = 330.2130.

Modine Manufacturing Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 7.111 241.018 9.743
201609 7.119 241.428 9.737
201612 7.527 241.432 10.295
201703 7.726 243.801 10.464
201706 7.992 244.955 10.774
201709 8.048 246.819 10.767
201712 7.759 246.524 10.393
201803 7.871 249.554 10.415
201806 8.096 251.989 10.609
201809 8.732 252.439 11.422
201812 9.269 251.233 12.183
201903 9.320 254.202 12.107
201906 9.413 256.143 12.135
201909 9.293 256.759 11.952
201912 9.519 256.974 12.232
202003 8.675 258.115 11.098
202006 8.474 257.797 10.854
202009 8.562 260.280 10.862
202012 5.493 260.474 6.964
202103 5.677 264.877 7.077
202106 5.768 271.696 7.010
202109 5.858 274.310 7.052
202112 7.350 278.802 8.705
202203 7.870 287.504 9.039
202206 8.033 296.311 8.952
202209 8.641 296.808 9.614
202212 8.967 296.797 9.977
202303 10.627 301.836 11.626
202306 11.279 305.109 12.207
202309 11.996 307.789 12.870
202312 12.778 306.746 13.756
202403 13.126 312.332 13.877
202406 13.978 314.175 14.692
202409 14.739 315.301 15.436
202412 15.555 315.605 16.275
202503 16.075 319.799 16.598
202506 16.712 322.561 17.108
202509 17.032 324.800 17.316
202512 18.144 324.054 18.489
202603 19.569 330.213 19.569

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 €10.81 mean?
Modine Manufacturing Co (FRA:MMF) has a Cyclically Adjusted Book per Share of €10.81 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 Modine Manufacturing Co and its competitors.
Is Modine Manufacturing Co's Cyclically Adjusted Book per Share too high?
Modine Manufacturing Co's current Cyclically Adjusted Book per Share is €10.81. Overall, Modine Manufacturing Co has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Modine Manufacturing Co's Cyclically Adjusted Book per Share compare to BWA and APTV?
Modine Manufacturing Co's Cyclically Adjusted Book per Share of €10.81 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 Modine Manufacturing Co and its competitors. Modine Manufacturing Co's current Cyclically Adjusted Book per Share is €10.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Modine Manufacturing Co stock overvalued right now?
Based on GuruFocus' analysis, Modine Manufacturing Co (FRA:MMF) is currently considered Significantly Overvalued. The stock's GF Value™ is €125.59, compared to a current price of €235.20 — trading 87.3% above its estimated fair value. The current Cyclically Adjusted Book per Share is €10.81. Modine Manufacturing Co's overall GF Score™ is 76/100 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 Modine Manufacturing Co (FRA:MMF), the current Cyclically Adjusted Book per Share is €10.81 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 Modine Manufacturing Co (FRA:MMF) Overvalued in 2026?

Based on GuruFocus' analysis, Modine Manufacturing Co stock appears to be overvalued. The current stock price of €235.20 is trading 87.3% above its estimated GF Value™ of €125.59. GuruFocus considers Modine Manufacturing Co to be Significantly Overvalued.

Key valuation signals for FRA:MMF:

  • Cyclically Adjusted Book per Share: €10.81
  • GF Value™: €125.59 vs. price of €235.20 (87.3% above fair value)
  • GF Score™: 76/100 with 4 warning signs

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


Modine Manufacturing Co Business Description

Other Exchanges MOD:USA1MOD:Italy
Address 1500 DeKoven Avenue, Racine, WI, USA, 53403
Modine Manufacturing Co provides thermal management solutions to diversified markets and customers. The company provides engineered heat transfer systems and heat transfer components for use in on- and off-highway original equipment manufacturer (OEM) vehicular applications in the United States. It offers powertrain cooling products, such as engine cooling assemblies, radiators, condensers, and charge air coolers; auxiliary cooling products, including power steering and transmission oil coolers. Its operating segments include Climate Solutions and Performance Technologies.
76GF Score

Get the complete analysis for FRA:MMF

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

€235.20
Price
€125.59
GF Value