Megaport (ASX:MP1) Cyclically Adjusted PB Ratio: 21.66 (As of Jul. 09, 2026) — 56% Above Median


ASX:MP1 Megaport Ltd ASX:MP1
79 GF Score
Price A$20.14
GF Value A$17.20
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Megaport Cyclically Adjusted PB Ratio?

Megaport ASX:MP1 +5.56% 79 Cyclically Adjusted PB Ratio is 21.66 as of Jul. 09, 2026, which is 56% above its 10-year median of 13.88. GuruFocus rates ASX:MP1 with a GF Score™ of 79/100 and a GF Value™ of A$17.20 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,596 Software companies, Megaport ranks worse than 95.99% on this metric.

As of today (2026-07-09), Megaport's current share price is A$20.14. Megaport's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun25 was A$0.93. Megaport's Cyclically Adjusted PB Ratio for today is 21.66.

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

ASX:MP1' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 6.97   Med: 13.88   Max: 22.52
Current: 21.55

During the past 10 years, Megaport's highest Cyclically Adjusted PB Ratio was 22.52. The lowest was 6.97. And the median was 13.88.

ASX:MP1's Cyclically Adjusted PB Ratio is ranked worse than
95.99% of 1596 companies
in the Software industry
Industry Median: 2.33 vs ASX:MP1: 21.55

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.

Megaport's adjusted book value per share data of for the fiscal year that ended in Jun25 was A$1.072. 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 A$0.93 for the trailing ten years ended in Jun25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Megaport  (ASX:MP1) 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.


Megaport Cyclically Adjusted PB Ratio Related Terms


Megaport Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Megaport'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.

Megaport Cyclically Adjusted PB Ratio Chart

Megaport Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 14.93

Megaport Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.00 0.00 0.00 14.93 0.00

ASX:MP1 vs MSFT, ORCL, PLTR: Cyclically Adjusted PB Ratio Comparison

For the Software - Infrastructure subindustry, Megaport'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.


Megaport Cyclically Adjusted PB Ratio vs Software Industry

For the Software industry and Technology sector, Megaport's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


ASX:MP1
79GF Score
Megaport Ltd ASX:MP1
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Megaport 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.

Megaport's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=20.14/0.93
=21.66

* 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.

Megaport's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun25 is calculated as:

For example, Megaport's adjusted Book Value per Share data for the fiscal year that ended in Jun25 was:

Adj_Book=Book Value per Share/CPI of Jun25 (Change)*Current CPI (Jun25)
=1.072/131.5506*131.5506
=1.072

Current CPI (Jun25) = 131.5506.

Megaport Annual Data

Book Value per Share CPI Adj_Book
201606 0.237 0.000
201706 0.331 0.000
201806 0.658 0.000
201906 0.793 0.000
202006 1.336 0.000
202106 1.113 0.000
202206 0.870 0.000
202306 0.779 0.000
202406 0.933 0.000
202506 1.072 131.551 1.072

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 21.66 mean?
Megaport (ASX:MP1) has a Cyclically Adjusted PB Ratio of 21.66 as of Jul. 09, 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 Megaport and its competitors. This is 56% above median its historical median of 13.88. Over the past decade, Megaport's Cyclically Adjusted PB Ratio has ranged from 6.97 to 22.52. According to the industry distribution chart, Megaport ranks #1532 out of 1596 companies in the Software industry, placing it in the top 96%.
Is Megaport's Cyclically Adjusted PB Ratio too high?
Megaport's current Cyclically Adjusted PB Ratio of 21.66 is 56% above median its 10-year median of 13.88. Over the past 10 years, this metric has ranged from a low of 6.97 to a high of 22.52. The Software industry median Cyclically Adjusted PB Ratio is 2.33. Megaport's value of 21.66 is 829.6% above this industry median. Based on the distribution chart, Megaport ranks #1532 out of 1596 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Megaport has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Megaport's Cyclically Adjusted PB Ratio compare to MSFT and ORCL?
According to the Software industry distribution chart, Megaport ranks #1532 out of 1596 companies for Cyclically Adjusted PB Ratio. This places Megaport in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.33. Megaport's value of 21.66 is 829.6% above this benchmark. Historically, Megaport's own Cyclically Adjusted PB Ratio has ranged from 6.97 to 22.52 over the past decade. While the company's 10-year median is 13.88 vs. the industry median of 2.33, Megaport 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 a Software company?
The median Cyclically Adjusted PB Ratio among Software companies is 2.33, based on 1,596 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. Megaport's current Cyclically Adjusted PB Ratio of 21.66 is 829.6% 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 Megaport and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Megaport's current Cyclically Adjusted PB Ratio is 21.66, which is 56% above median its own 10-year median of 13.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Megaport stock overvalued right now?
Based on GuruFocus' analysis, Megaport (ASX:MP1) is currently considered Modestly Overvalued. The stock's GF Value™ is A$17.20, compared to a current price of A$20.14 — trading 17.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 21.66, which is 56% above median its 10-year median of 13.88 and 829.6% above the Software industry median of 2.33. Megaport's overall GF Score™ is 79/100 with 5 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 Megaport (ASX:MP1), the current Cyclically Adjusted PB Ratio is 21.66 as of Jul. 09, 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 Megaport (ASX:MP1) Overvalued in 2026?

Based on GuruFocus' analysis, Megaport stock appears to be overvalued. The current stock price of A$20.14 is trading 17.1% above its estimated GF Value™ of A$17.20. GuruFocus considers Megaport to be Modestly Overvalued.

Key valuation signals for ASX:MP1:

  • Cyclically Adjusted PB Ratio: 21.66 (56% above median its 10-year median of 13.88)
  • GF Value™: A$17.20 vs. price of A$20.14 (17.1% above fair value)
  • GF Score™: 79/100 with 5 warning signs
  • Industry Position: 829.6% above the Software median (#1532 of 1596)

No single metric tells the full story. See the ASX:MP1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Megaport Business Description

Other Exchanges MGPPF:USA92J:Germany
Address 825 Ann Street, Level 3, Fortitude Valley, Brisbane, QLD, AUS, 4006
Megaport is one of the world's largest software-defined network service providers, enabling around 3,000 enterprise customers to connect to over 1,000 data centers throughout the world. Megaport's services mostly revolve around enabling enterprises to connect to cloud service providers, like Amazon Web Services, but it also offers services to enable businesses to connect across multiple data centers, to internet exchanges, and to buy compute capacity.
79GF Score

Get the complete analysis for ASX:MP1

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

A$20.14
Price
A$17.20
GF Value