ADRZY (Andritz AG) Cyclically Adjusted PB Ratio: 4.45 (As of Jul. 31, 2026) — 23% Above Median

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ADRZY Andritz AG ADRZY
79 GF Score
Price $19.51
GF Value $12.68
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Andritz AG Cyclically Adjusted PB Ratio?

Andritz AG ADRZY 79 Cyclically Adjusted PB Ratio is 4.45 as of Jul. 31, 2026, which is 23% above its 10-year median of 3.61. GuruFocus rates ADRZY with a GF Score™ of 79/100 and a GF Value™ of $12.68 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 2,266 Industrial Products companies, Andritz AG ranks worse than 73.48% on this metric.

As of today (2026-07-31), Andritz AG's current share price is $19.51. Andritz AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $4.38. Andritz AG's Cyclically Adjusted PB Ratio for today is 4.45.

The historical rank and industry rank for Andritz AG's Cyclically Adjusted PB Ratio or its related term are showing as below:

ADRZY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.38   Med: 3.61   Max: 6.48
Current: 4.06

During the past years, Andritz AG's highest Cyclically Adjusted PB Ratio was 6.48. The lowest was 2.38. And the median was 3.61.

ADRZY's Cyclically Adjusted PB Ratio is ranked worse than
73.48% of 2266 companies
in the Industrial Products industry
Industry Median: 2.08 vs ADRZY: 4.06

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.

Andritz AG's adjusted book value per share data for the three months ended in Mar. 2026 was $5.469. 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 $4.38 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Andritz AG  (OTCPK:ADRZY) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Andritz AG Cyclically Adjusted PB Ratio Related Terms


Andritz AG Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Andritz AG's Cyclically Adjusted PB Ratio 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.

Andritz AG Cyclically Adjusted PB Ratio Chart

Andritz AG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.71 3.79 3.58 2.87 3.59

Andritz AG Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted PB Ratio 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 2.94 3.53 3.29 3.59 3.12

ADRZY vs GEV, ETN, PH: Cyclically Adjusted PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, Andritz AG'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.


Andritz AG Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

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


ADRZY
79GF Score
Andritz AG ADRZY
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Andritz AG Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Andritz AG's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=19.51/4.38
=4.45

* 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.

Andritz AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Andritz AG'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)
=5.469/142.1600*142.1600
=5.469

Current CPI (Mar. 2026) = 142.1600.

Andritz AG Quarterly Data

Book Value per Share CPI Adj_Book
201606 2.479 101.092 3.486
201609 2.616 101.192 3.675
201612 2.744 102.092 3.821
201703 2.535 102.592 3.513
201706 2.762 102.991 3.812
201709 2.972 103.591 4.079
201712 3.047 104.291 4.153
201803 2.846 104.491 3.872
201806 2.799 105.091 3.786
201809 2.880 105.691 3.874
201812 2.964 106.291 3.964
201903 2.662 106.391 3.557
201906 2.657 106.791 3.537
201909 2.471 106.991 3.283
201912 2.685 108.091 3.531
202003 2.626 108.024 3.456
202006 2.720 107.915 3.583
202009 2.800 108.348 3.674
202012 3.083 109.321 4.009
202103 2.960 110.186 3.819
202106 3.255 110.943 4.171
202109 3.354 111.916 4.260
202112 3.587 113.971 4.474
202203 3.815 117.647 4.610
202206 3.578 120.567 4.219
202209 3.709 123.811 4.259
202212 3.960 125.541 4.484
202303 3.805 128.460 4.211
202306 4.133 130.191 4.513
202309 4.337 131.272 4.697
202312 4.787 132.570 5.133
202403 4.465 133.759 4.745
202406 4.654 134.083 4.934
202409 4.959 133.651 5.275
202412 4.889 135.273 5.138
202503 4.694 137.760 4.844
202506 5.130 138.517 5.265
202509 5.479 138.950 5.606
202512 5.859 140.350 5.935
202603 5.469 142.160 5.469

Add all the adjusted book value per share together and divide the count will get our 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.

What does a Cyclically Adjusted PB Ratio of 4.45 mean?
Andritz AG (ADRZY) has a Cyclically Adjusted PB Ratio of 4.45 as of Jul. 31, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Andritz AG and its competitors. This is 23% above median its historical median of 3.61. Over the past decade, Andritz AG's Cyclically Adjusted PB Ratio has ranged from 2.38 to 6.48. According to the industry distribution chart, Andritz AG ranks #1665 out of 2266 companies in the Industrial Products industry, placing it in the top 73.5%.
Is Andritz AG's Cyclically Adjusted PB Ratio too high?
Andritz AG's current Cyclically Adjusted PB Ratio of 4.45 is 23% above median its 10-year median of 3.61. Over the past 10 years, this metric has ranged from a low of 2.38 to a high of 6.48. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.08. Andritz AG's value of 4.45 is 113.9% above this industry median. Based on the distribution chart, Andritz AG ranks #1665 out of 2266 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Andritz AG has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Andritz AG's Cyclically Adjusted PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Andritz AG ranks #1665 out of 2266 companies for Cyclically Adjusted PB Ratio. This places Andritz AG in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.08. Andritz AG's value of 4.45 is 113.9% above this benchmark. Historically, Andritz AG's own Cyclically Adjusted PB Ratio has ranged from 2.38 to 6.48 over the past decade. While the company's 10-year median is 3.61 vs. the industry median of 2.08, Andritz AG has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for an Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.08, based on 2,266 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Andritz AG's current Cyclically Adjusted PB Ratio of 4.45 is 113.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Andritz AG and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Andritz AG's current Cyclically Adjusted PB Ratio is 4.45, which is 23% above median its own 10-year median of 3.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Andritz AG stock overvalued right now?
Based on GuruFocus' analysis, Andritz AG (ADRZY) is currently considered Significantly Overvalued. The stock's GF Value™ is $12.68, compared to a current price of $19.51 — trading 53.9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 4.45, which is 23% above median its 10-year median of 3.61 and 113.9% above the Industrial Products industry median of 2.08. Andritz AG's overall GF Score™ is 79/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Andritz AG (ADRZY), the current Cyclically Adjusted PB Ratio is 4.45 as of Jul. 31, 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 Andritz AG (ADRZY) Overvalued in 2026?

Based on GuruFocus' analysis, Andritz AG stock appears to be overvalued. The current stock price of $19.51 is trading 53.9% above its estimated GF Value™ of $12.68. GuruFocus considers Andritz AG to be Significantly Overvalued.

Key valuation signals for ADRZY:

  • Cyclically Adjusted PB Ratio: 4.45 (23% above median its 10-year median of 3.61)
  • GF Value™: $12.68 vs. price of $19.51 (53.9% above fair value)
  • GF Score™: 79/100 with 8 warning signs
  • Industry Position: 113.9% above the Industrial Products median (#1665 of 2266)

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


Andritz AG Business Description

Address Stattegger Strasse 18, Graz, AUT, 8045
Andritz AG is a producer of high-technology industrial machinery and operates through four operating segments: ANDRITZ Pulp & Paper provides sustainable technology, automation, and service solutions for the production of all types of pulp, paper, and board; ANDRITZ Metals includes suppliers of technologies, plants, and digital solutions in metal forming, and also includes automation and software solutions, process know-how, and service; ANDRITZ Hydropower includes suppliers of electromechanical equipment and services for hydropower stations; and ANDRITZ Environment & Energy provides sustainable technologies for industries, including green hydrogen, carbon capture, solid/liquid separation, and renewable fuels. It generates the maximum of its revenue from the ANDRITZ Pulp & Paper segment.
79GF Score

Get the complete analysis for ADRZY

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

$19.51
Price
$12.68
GF Value