Monbat AD (LTS:0NH6) Cyclically Adjusted Book per Share: лв20.99 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

LTS:0NH6 Monbat AD LTS:0NH6
56 GF Score
Price лв6.54
GF Value лв19.08
! 4 Warning Signs
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What is Monbat AD Cyclically Adjusted Book per Share?

Monbat AD LTS:0NH6 56 Cyclically Adjusted Book per Share is лв20.99 as of Mar. 2026. GuruFocus rates LTS:0NH6 with a GF Score™ of 56/100 and a GF Value™ of лв19.08. 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 Mar. 2026 was лв5.350. 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 лв20.99 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Monbat AD's average Cyclically Adjusted Book Growth Rate was 1.20% 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 (2026-07-17), Monbat AD's current stock price is лв6.535. Monbat AD's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was лв20.99. Monbat AD's Cyclically Adjusted PB Ratio of today is 0.31.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Monbat AD was 2.30. The lowest was 0.30. And the median was 1.21.


Monbat AD  (LTS:0NH6) 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
=6.535/20.99
=0.31

* 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 0.30. And the median was 1.21.


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 3.23 4.38 5.44 8.07 11.35

Monbat AD 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 8.23 9.57 10.74 11.35 20.99

LTS:0NH6 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.


LTS:0NH6
56GF Score
Monbat AD LTS:0NH6
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 Mar. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=5.35/330.2130*330.2130
=5.350

Current CPI (Mar. 2026) = 330.2130.

Monbat AD Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.000 241.018 0.000
201609 4.826 241.428 6.601
201612 4.740 241.432 6.483
201703 4.965 243.801 6.725
201706 5.116 244.955 6.897
201709 5.643 246.819 7.550
201712 5.689 246.524 7.620
201803 6.332 249.554 8.379
201806 6.302 251.989 8.258
201809 6.343 252.439 8.297
201812 5.802 251.233 7.626
201903 6.014 254.202 7.812
201906 5.921 256.143 7.633
201909 5.334 256.759 6.860
201912 5.262 256.974 6.762
202003 5.348 258.115 6.842
202006 5.496 257.797 7.040
202009 5.833 260.280 7.400
202012 5.785 260.474 7.334
202103 5.833 264.877 7.272
202106 5.834 271.696 7.091
202109 5.828 274.310 7.016
202112 5.284 278.802 6.258
202203 5.293 287.504 6.079
202206 4.926 296.311 5.490
202209 4.693 296.808 5.221
202212 4.871 296.797 5.419
202303 5.129 301.836 5.611
202306 5.037 305.109 5.451
202309 5.017 307.789 5.383
202312 5.039 306.746 5.424
202403 5.100 312.332 5.392
202406 5.043 314.175 5.300
202409 5.212 315.301 5.458
202412 4.860 315.605 5.085
202503 5.088 319.799 5.254
202506 5.253 322.561 5.378
202509 5.300 324.800 5.388
202512 5.458 324.054 5.562
202603 5.350 330.213 5.350

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 лв20.99 mean?
Monbat AD (LTS:0NH6) has a Cyclically Adjusted Book per Share of лв20.99 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 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 лв20.99. Overall, Monbat AD has a GF Score™ of 56/100, 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 лв20.99 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 лв20.99. 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 (LTS:0NH6) has a current Cyclically Adjusted Book per Share of лв20.99. The stock's GF Value™ is лв19.08, compared to a current price of лв6.54 — trading 65.7% below its estimated fair value. The current Cyclically Adjusted Book per Share is лв20.99. Monbat AD's overall GF Score™ is 56/100 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 (LTS:0NH6), the current Cyclically Adjusted Book per Share is лв20.99 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 Monbat AD (LTS:0NH6) Overvalued in 2026?

Based on GuruFocus' analysis, Monbat AD stock appears to be undervalued. The current stock price of лв6.54 is trading 65.7% below its estimated GF Value™ of лв19.08.

Key valuation signals for LTS:0NH6:

  • Cyclically Adjusted Book per Share: лв20.99
  • GF Value™: лв19.08 vs. price of лв6.54 (65.7% below fair value)
  • GF Score™: 56/100 with 4 warning signs

No single metric tells the full story. See the LTS:0NH6 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Monbat AD Business Description

Other Exchanges 5MB:GermanyMONB:Bulgaria
Address 32 A Cherni vrah boulevard, Floor 4, Sofia, BGR, 1407
Monbat AD is a Bulgaria-based company engaged in the production and maintenance of and sale of batteries; engineering and development activity; production and trade of equipment used in battery manufacturing; domestic and foreign trade and establishment of commercial networks; specialized stores and representative offices; recycling of lead and lead containing alloys. The company's product range includes starter batteries, stationary batteries, deep cycle batteries, and leisure batteries, special batteries for military applications and locomotive batteries. Additionally, it is also involved in the production of light emitting diode (LED) lighting. The company operates geographically across Bulgaria, Serbia, Romania, Nigeria, and others.
56GF Score

Get the complete analysis for LTS:0NH6

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

лв6.54
Price
лв19.08
GF Value