Metro Performance Glass (ASX:MPP) Cyclically Adjusted PB Ratio: 0.07 (As of Jul. 03, 2026) — Near Median


ASX:MPP Metro Performance Glass Ltd ASX:MPP
35 GF Score
Price A$1.02
GF Value A$0.52
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Metro Performance Glass Cyclically Adjusted PB Ratio?

Metro Performance Glass ASX:MPP 35 Cyclically Adjusted PB Ratio is 0.07 as of Jul. 03, 2026, which is at its 10-year median of 0.07. GuruFocus rates ASX:MPP with a GF Score™ of 35/100 and a GF Value™ of A$0.52 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,358 Construction companies, Metro Performance Glass ranks better than 98.6% on this metric.

As of today (2026-07-03), Metro Performance Glass's current share price is A$1.015. Metro Performance Glass's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar26 was A$15.04. Metro Performance Glass's Cyclically Adjusted PB Ratio for today is 0.07.

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

ASX:MPP' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.04   Med: 0.07   Max: 0.09
Current: 0.07

During the past 11 years, Metro Performance Glass's highest Cyclically Adjusted PB Ratio was 0.09. The lowest was 0.04. And the median was 0.07.

ASX:MPP's Cyclically Adjusted PB Ratio is ranked better than
98.6% of 1358 companies
in the Construction industry
Industry Median: 1.175 vs ASX:MPP: 0.07

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.

Metro Performance Glass's adjusted book value per share data of for the fiscal year that ended in Mar26 was A$2.032. 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$15.04 for the trailing ten years ended in Mar26.

Shiller PE for Stocks: The True Measure of Stock Valuation


Metro Performance Glass  (ASX:MPP) 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.


Metro Performance Glass Cyclically Adjusted PB Ratio Related Terms


Metro Performance Glass Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Metro Performance Glass'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.

Metro Performance Glass Cyclically Adjusted PB Ratio Chart

Metro Performance Glass Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.08 0.05

Metro Performance Glass Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 0.00 0.00 0.08 0.00 0.05

ASX:MPP vs TT, JCI, CARR: Cyclically Adjusted PB Ratio Comparison

For the Building Products & Equipment subindustry, Metro Performance Glass'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.


Metro Performance Glass Cyclically Adjusted PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, Metro Performance Glass's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


ASX:MPP
35GF Score
Metro Performance Glass Ltd ASX:MPP
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Metro Performance Glass 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.

Metro Performance Glass's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.015/15.04
=0.07

* 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.

Metro Performance Glass's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar26 is calculated as:

For example, Metro Performance Glass's adjusted Book Value per Share data for the fiscal year that ended in Mar26 was:

Adj_Book=Book Value per Share/CPI of Mar26 (Change)*Current CPI (Mar26)
=2.032/136.8867*136.8867
=2.032

Current CPI (Mar26) = 136.8867.

Metro Performance Glass Annual Data

Book Value per Share CPI Adj_Book
201703 25.629 102.231 34.317
201803 26.673 103.355 35.327
201903 26.941 104.889 35.160
202003 13.309 107.547 16.940
202103 13.837 109.182 17.348
202203 14.166 116.747 16.610
202303 12.480 124.517 13.720
202403 8.082 129.526 8.541
202503 5.752 132.798 5.929
202603 2.032 136.887 2.032

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 0.07 mean?
Metro Performance Glass (ASX:MPP) has a Cyclically Adjusted PB Ratio of 0.07 as of Jul. 03, 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 Metro Performance Glass and its competitors. This is near median its historical median of 0.07. Over the past decade, Metro Performance Glass' Cyclically Adjusted PB Ratio has ranged from 0.04 to 0.09. According to the industry distribution chart, Metro Performance Glass ranks #19 out of 1358 companies in the Construction industry, placing it in the top 1.4%.
Is Metro Performance Glass' Cyclically Adjusted PB Ratio too high?
Metro Performance Glass' current Cyclically Adjusted PB Ratio of 0.07 is near median its 10-year median of 0.07. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 0.09. The Construction industry median Cyclically Adjusted PB Ratio is 1.18. Metro Performance Glass' value of 0.07 is 94% below this industry median. Based on the distribution chart, Metro Performance Glass ranks #19 out of 1358 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Metro Performance Glass has a GF Score™ of 35/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Metro Performance Glass' Cyclically Adjusted PB Ratio compare to TT and JCI?
According to the Construction industry distribution chart, Metro Performance Glass ranks #19 out of 1358 companies for Cyclically Adjusted PB Ratio. This places Metro Performance Glass in the top 1% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.18. Metro Performance Glass' value of 0.07 is 94% below this benchmark. Historically, Metro Performance Glass' own Cyclically Adjusted PB Ratio has ranged from 0.04 to 0.09 over the past decade. While the company's 10-year median is 0.07 vs. the industry median of 1.18, Metro Performance Glass has consistently been below 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 Construction company?
The median Cyclically Adjusted PB Ratio among Construction companies is 1.18, based on 1,358 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. Metro Performance Glass's current Cyclically Adjusted PB Ratio of 0.07 is 94% below 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 Metro Performance Glass and its competitors. For the Construction industry, the median Cyclically Adjusted PB Ratio is 1.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Metro Performance Glass's current Cyclically Adjusted PB Ratio is 0.07, which is near median its own 10-year median of 0.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Metro Performance Glass stock overvalued right now?
Based on GuruFocus' analysis, Metro Performance Glass (ASX:MPP) is currently considered Significantly Overvalued. The stock's GF Value™ is A$0.52, compared to a current price of A$1.02 — trading 95.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.07, which is near median its 10-year median of 0.07 and 94% below the Construction industry median of 1.18. Metro Performance Glass' overall GF Score™ is 35/100 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 PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Metro Performance Glass (ASX:MPP), the current Cyclically Adjusted PB Ratio is 0.07 as of Jul. 03, 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 Metro Performance Glass (ASX:MPP) Overvalued in 2026?

Based on GuruFocus' analysis, Metro Performance Glass stock appears to be overvalued. The current stock price of A$1.02 is trading 95.2% above its estimated GF Value™ of A$0.52. GuruFocus considers Metro Performance Glass to be Significantly Overvalued.

Key valuation signals for ASX:MPP:

  • Cyclically Adjusted PB Ratio: 0.07 (near median its 10-year median of 0.07)
  • GF Value™: A$0.52 vs. price of A$1.02 (95.2% above fair value)
  • GF Score™: 35/100 with 6 warning signs
  • Industry Position: 94% below the Construction median (#19 of 1358)

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


Metro Performance Glass Business Description

Other Exchanges MPG:New Zealand
Address 5 Lady Fisher Place, East Tamaki, Auckland, NZL, 2013
Metro Performance Glass Ltd operates as a glass processor. It group supplies processed flat glass and related products to the residential and commercial building sectors. It offers a range of glass products, including Decorative Glass, low Glass, Mirrors, bathroom shower screens, Shower Glass, Safety Security glass, Obscure, Frosted, and Privacy Glass, doors, and others. Its geographical segments include New Zealand and Australia. It generates a majority of its revenue from New Zealand.
35GF Score

Get the complete analysis for ASX:MPP

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

A$1.02
Price
A$0.52
GF Value