MNRHF (Menora Mivtachim Holdings) Cyclically Adjusted Book per Share: $5.64 (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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MNRHF Menora Mivtachim Holdings Ltd MNRHF
64 GF Score
Price $25.05
GF Value $10.68
! 6 Warning Signs
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What is Menora Mivtachim Holdings Cyclically Adjusted Book per Share?

Menora Mivtachim Holdings MNRHF 64 Cyclically Adjusted Book per Share is $5.64 as of Jun. 2026. GuruFocus rates MNRHF with a GF Score™ of 64/100 and a GF Value™ of $10.68. The stock has 6 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.

Menora Mivtachim Holdings's adjusted book value per share for the three months ended in Jun. 2026 was $51.420. 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 $5.64 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Menora Mivtachim Holdings's average Cyclically Adjusted Book Growth Rate was 12.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 10.40% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Menora Mivtachim Holdings was 11.70% per year. The lowest was 9.40% per year. And the median was 9.40% per year.

As of today (2026-09-06), Menora Mivtachim Holdings's current stock price is $25.05. Menora Mivtachim Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $5.64. Menora Mivtachim Holdings's Cyclically Adjusted PB Ratio of today is 4.44.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Menora Mivtachim Holdings was 5.74. The lowest was 0.57. And the median was 1.14.


Menora Mivtachim Holdings  (OTCPK:MNRHF) 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.

Menora Mivtachim Holdings's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=25.05/5.64
=4.44

* 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 Menora Mivtachim Holdings was 5.74. The lowest was 0.57. And the median was 1.14.


Be Aware

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


Menora Mivtachim Holdings Cyclically Adjusted Book per Share Related Terms


Menora Mivtachim Holdings Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Menora Mivtachim Holdings'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.

Menora Mivtachim Holdings Cyclically Adjusted Book per Share Chart

Menora Mivtachim Holdings 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 22.03 26.16 20.89 14.24 5.87

Menora Mivtachim Holdings Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 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 8.46 7.08 5.87 5.37 5.64

MNRHF vs MET, AFL, PRU: Cyclically Adjusted Book per Share Comparison

For the Insurance - Life subindustry, Menora Mivtachim Holdings'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.


Menora Mivtachim Holdings Cyclically Adjusted PB Ratio vs Insurance Industry

For the Insurance industry and Financial Services sector, Menora Mivtachim Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Menora Mivtachim Holdings's Cyclically Adjusted PB Ratio falls into.


MNRHF
64GF Score
Menora Mivtachim Holdings Ltd MNRHF
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Menora Mivtachim Holdings 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, Menora Mivtachim Holdings'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)
=51.42/333.9520*333.9520
=51.420

Current CPI (Jun. 2026) = 333.9520.

Menora Mivtachim Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201609 16.973 241.428 23.478
201612 17.718 241.432 24.508
201703 17.753 243.801 24.318
201706 18.194 244.955 24.804
201709 18.468 246.819 24.988
201712 18.972 246.524 25.700
201803 18.789 249.554 25.143
201806 19.068 251.989 25.270
201809 20.080 252.439 26.564
201812 19.655 251.233 26.126
201903 20.443 254.202 26.857
201906 21.697 256.143 28.288
201909 20.963 256.759 27.265
201912 22.022 256.974 28.619
202003 20.231 258.115 26.175
202006 21.880 257.797 28.344
202009 23.517 260.280 30.173
202012 25.427 260.474 32.600
202103 26.295 264.877 33.152
202106 27.544 271.696 33.855
202109 27.012 274.310 32.885
202112 28.865 278.802 34.575
202203 29.562 287.504 34.338
202206 29.644 296.311 33.410
202209 30.709 296.808 34.552
202212 30.939 296.797 34.812
202303 31.224 301.836 34.546
202306 31.815 305.109 34.823
202309 33.593 307.789 36.449
202312 33.109 306.746 36.046
202403 34.763 312.332 37.169
202406 36.145 314.175 38.420
202409 36.973 315.301 39.160
202412 39.723 315.605 42.032
202503 40.850 319.799 42.658
202506 44.659 322.561 46.236
202509 45.422 324.800 46.702
202512 48.892 324.054 50.385
202603 47.266 330.213 47.801
202606 51.420 333.952 51.420

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 $5.64 mean?
Menora Mivtachim Holdings (MNRHF) has a Cyclically Adjusted Book per Share of $5.64 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 Menora Mivtachim Holdings and its competitors.
Is Menora Mivtachim Holdings' Cyclically Adjusted Book per Share too high?
Menora Mivtachim Holdings' current Cyclically Adjusted Book per Share is $5.64. Overall, Menora Mivtachim Holdings has a GF Score™ of 64/100, reflecting its overall financial health beyond just this single metric.
How does Menora Mivtachim Holdings' Cyclically Adjusted Book per Share compare to MET and AFL?
Menora Mivtachim Holdings' Cyclically Adjusted Book per Share of $5.64 can be compared against companies in the Insurance 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 Insurance company?
A good Cyclically Adjusted Book per Share depends on the Insurance 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 Menora Mivtachim Holdings and its competitors. Menora Mivtachim Holdings's current Cyclically Adjusted Book per Share is $5.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Menora Mivtachim Holdings stock overvalued right now?
Menora Mivtachim Holdings (MNRHF) has a current Cyclically Adjusted Book per Share of $5.64. The stock's GF Value™ is $10.68, compared to a current price of $25.05 — trading 134.6% above its estimated fair value. The current Cyclically Adjusted Book per Share is $5.64. Menora Mivtachim Holdings' overall GF Score™ is 64/100 with 6 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 Menora Mivtachim Holdings (MNRHF), the current Cyclically Adjusted Book per Share is $5.64 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 Menora Mivtachim Holdings (MNRHF) Overvalued in 2026?

Based on GuruFocus' analysis, Menora Mivtachim Holdings stock appears to be overvalued. The current stock price of $25.05 is trading 134.6% above its estimated GF Value™ of $10.68.

Key valuation signals for MNRHF:

  • Cyclically Adjusted Book per Share: $5.64
  • GF Value™: $10.68 vs. price of $25.05 (134.6% above fair value)
  • GF Score™: 64/100 with 6 warning signs

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


Menora Mivtachim Holdings Business Description

Other Exchanges MMHD:Israel
Address 23 Jabotinsky Street, Menora Mivtachim House, Ramat Gan, ISR, 5251102
Menora Mivtachim Holdings Ltd is a diversified insurance and finance group that operates in Israel. The company specializes in asset management and diversified insurance services, including general, life, and health insurance. Menora is also active within the capital market in a variety of fields, including corporate finance, investment banking, structured finance, and more. The company offers a broad variety of mutual funds that invest in various avenues in Israel and around the world, while also managing pension products and provident funds. The company's operating segments include Life insurance and long-term savings, focusing on policies, pension, and provident funds for death and disability risks, the Health insurance segment, and the Property and casualty insurance segment.
64GF Score

Get the complete analysis for MNRHF

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

$25.05
Price
$10.68
GF Value