Ball (BSP:B1LL34) Cyclically Adjusted PB Ratio: 4.22 (As of Jul. 27, 2026) — 44% Below Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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BSP:B1LL34 Ball Corp BSP:B1LL34
83 GF Score
Price R$160.48
GF Value R$186.50
! 5 Warning Signs
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What is Ball Cyclically Adjusted PB Ratio?

Ball BSP:B1LL34 83 Cyclically Adjusted PB Ratio is 4.22 as of Jul. 27, 2026, which is 44% below its 10-year median of 7.52. GuruFocus rates BSP:B1LL34 with a GF Score™ of 83/100 and a GF Value™ of R$186.50. The stock has 5 warning signs investors should review. Among 317 Packaging & Containers companies, Ball ranks worse than 88.64% on this metric.

As of today (2026-07-27), Ball's current share price is R$160.48. Ball's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was R$38.03. Ball's Cyclically Adjusted PB Ratio for today is 4.22.

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

BSP:B1LL34' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.3   Med: 7.52   Max: 13.35
Current: 4.19

During the past years, Ball's highest Cyclically Adjusted PB Ratio was 13.35. The lowest was 3.30. And the median was 7.52.

BSP:B1LL34's Cyclically Adjusted PB Ratio is ranked worse than
88.64% of 317 companies
in the Packaging & Containers industry
Industry Median: 1.14 vs BSP:B1LL34: 4.19

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.

Ball's adjusted book value per share data for the three months ended in Mar. 2026 was R$55.014. 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 R$38.03 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ball  (BSP:B1LL34) 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.


Ball Cyclically Adjusted PB Ratio Related Terms


Ball Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Ball'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.

Ball Cyclically Adjusted PB Ratio Chart

Ball 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 11.26 5.25 5.34 4.32 3.64

Ball 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 3.91 4.08 3.54 3.64 3.88

BSP:B1LL34 vs AMCR, CCK, AVY: Cyclically Adjusted PB Ratio Comparison

For the Packaging & Containers subindustry, Ball'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.


Ball Cyclically Adjusted PB Ratio vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Ball's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BSP:B1LL34
83GF Score
Ball Corp BSP:B1LL34
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ball 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=160.48/38.03
=4.22

* 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.

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

For example, Ball'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)
=55.014/330.2130*330.2130
=55.014

Current CPI (Mar. 2026) = 330.2130.

Ball Quarterly Data

Book Value per Share CPI Adj_Book
201606 22.494 241.018 30.818
201609 17.281 241.428 23.636
201612 16.471 241.432 22.528
201703 16.130 243.801 21.847
201706 16.889 244.955 22.767
201709 15.799 246.819 21.137
201712 18.557 246.524 24.857
201803 18.882 249.554 24.985
201806 21.155 251.989 27.722
201809 21.950 252.439 28.713
201812 20.028 251.233 26.324
201903 20.359 254.202 26.447
201906 20.101 256.143 25.914
201909 21.188 256.759 27.249
201912 18.643 256.974 23.956
202003 19.715 258.115 25.222
202006 21.953 257.797 28.120
202009 23.831 260.280 30.234
202012 25.717 260.474 32.602
202103 29.986 264.877 37.383
202106 27.999 271.696 34.029
202109 30.098 274.310 36.232
202112 31.963 278.802 37.857
202203 30.249 287.504 34.743
202206 27.809 296.311 30.991
202209 29.062 296.808 32.333
202212 28.898 296.797 32.152
202303 30.135 301.836 32.968
202306 29.560 305.109 31.992
202309 30.848 307.789 33.095
202312 29.249 306.746 31.487
202403 58.132 312.332 61.460
202406 60.848 314.175 63.954
202409 61.673 315.301 64.590
202412 61.795 315.605 64.655
202503 56.672 319.799 58.517
202506 53.063 322.561 54.322
202509 54.149 324.800 55.051
202512 55.724 324.054 56.783
202603 55.014 330.213 55.014

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 4.22 mean?
Ball (BSP:B1LL34) has a Cyclically Adjusted PB Ratio of 4.22 as of Jul. 27, 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 Ball and its competitors. This is 44% below median its historical median of 7.52. Over the past decade, Ball's Cyclically Adjusted PB Ratio has ranged from 3.30 to 13.35. According to the industry distribution chart, Ball ranks #281 out of 317 companies in the Packaging & Containers industry, placing it in the top 88.6%.
Is Ball's Cyclically Adjusted PB Ratio too high?
Ball's current Cyclically Adjusted PB Ratio of 4.22 is 44% below median its 10-year median of 7.52. Over the past 10 years, this metric has ranged from a low of 3.30 to a high of 13.35. The Packaging & Containers industry median Cyclically Adjusted PB Ratio is 1.14. Ball's value of 4.22 is 270.2% above this industry median. Based on the distribution chart, Ball ranks #281 out of 317 companies in the Packaging & Containers industry, which is in the bottom quartile relative to peers. Overall, Ball has a GF Score™ of 83/100, reflecting its overall financial health beyond just this single metric.
How does Ball's Cyclically Adjusted PB Ratio compare to AMCR and CCK?
According to the Packaging & Containers industry distribution chart, Ball ranks #281 out of 317 companies for Cyclically Adjusted PB Ratio. This places Ball in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.14. Ball's value of 4.22 is 270.2% above this benchmark. Historically, Ball's own Cyclically Adjusted PB Ratio has ranged from 3.30 to 13.35 over the past decade. While the company's 10-year median is 7.52 vs. the industry median of 1.14, Ball 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 Packaging & Containers company?
The median Cyclically Adjusted PB Ratio among Packaging & Containers companies is 1.14, based on 317 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. Ball's current Cyclically Adjusted PB Ratio of 4.22 is 270.2% 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 Ball and its competitors. For the Packaging & Containers industry, the median Cyclically Adjusted PB Ratio is 1.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ball's current Cyclically Adjusted PB Ratio is 4.22, which is 44% below median its own 10-year median of 7.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ball stock overvalued right now?
Ball (BSP:B1LL34) has a current Cyclically Adjusted PB Ratio of 4.22. The stock's GF Value™ is R$186.50, compared to a current price of R$160.48 — trading 14% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 4.22, which is 44% below median its 10-year median of 7.52 and 270.2% above the Packaging & Containers industry median of 1.14. Ball's overall GF Score™ is 83/100 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 Ball (BSP:B1LL34), the current Cyclically Adjusted PB Ratio is 4.22 as of Jul. 27, 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 Ball (BSP:B1LL34) Overvalued in 2026?

Based on GuruFocus' analysis, Ball stock appears to be undervalued. The current stock price of R$160.48 is trading 14% below its estimated GF Value™ of R$186.50.

Key valuation signals for BSP:B1LL34:

  • Cyclically Adjusted PB Ratio: 4.22 (44% below median its 10-year median of 7.52)
  • GF Value™: R$186.50 vs. price of R$160.48 (14% below fair value)
  • GF Score™: 83/100 with 5 warning signs
  • Industry Position: 270.2% above the Packaging & Containers median (#281 of 317)

No single metric tells the full story. See the BSP:B1LL34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ball Business Description

Address 9200 West 108th Circle, Westminster, CO, USA, 80021
Ball is the world's largest metal can manufacturer with market share over 30% in its three main regions (North America, Europe, and South America). The company is focused on increasing capacity amid a wave of new developed-market demand, while also investing in faster-growing emerging-market economies. Ball spun-off its glass jar business in 1993 and is now owned by Newell. The company reports three segments—beverage packaging, North and Central America (48% of 2025 revenue), beverage packaging, EMEA (30%), beverage packaging, South America (16%)—and it generated $13 billion in revenue in 2025.
83GF Score

Get the complete analysis for BSP:B1LL34

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

R$160.48
Price
R$186.50
GF Value