Cintas (BSP:C1TA34) Cyclically Adjusted PB Ratio: 20.47 (As of Aug. 17, 2026) — 42% Above Median

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BSP:C1TA34 Cintas Corp BSP:C1TA34
85 GF Score
Price R$209.22
GF Value R$215.45
Valuation Fairly Valued
! 2 Warning Signs
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What is Cintas Cyclically Adjusted PB Ratio?

Cintas BSP:C1TA34 85 Cyclically Adjusted PB Ratio is 20.47 as of Aug. 17, 2026, which is 42% above its 10-year median of 14.46. GuruFocus rates BSP:C1TA34 with a GF Score™ of 85/100 and a GF Value™ of R$215.45 (Fairly Valued). The stock has 2 warning signs investors should review. Among 719 Business Services companies, Cintas ranks worse than 98.47% on this metric.

As of today (2026-08-17), Cintas's current share price is R$209.22. Cintas's Cyclically Adjusted Book per Share for the quarter that ended in May. 2026 was R$10.22. Cintas's Cyclically Adjusted PB Ratio for today is 20.47.

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

BSP:C1TA34' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 5.84   Med: 14.46   Max: 26.41
Current: 19.74

During the past years, Cintas's highest Cyclically Adjusted PB Ratio was 26.41. The lowest was 5.84. And the median was 14.46.

BSP:C1TA34's Cyclically Adjusted PB Ratio is ranked worse than
98.47% of 719 companies
in the Business Services industry
Industry Median: 1.54 vs BSP:C1TA34: 19.74

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.

Cintas's adjusted book value per share data for the three months ended in May. 2026 was R$12.797. 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$10.22 for the trailing ten years ended in May. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cintas  (BSP:C1TA34) 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.


Cintas Cyclically Adjusted PB Ratio Related Terms


Cintas Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Cintas'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.

Cintas Cyclically Adjusted PB Ratio Chart

Cintas Annual Data
Trend May17 May18 May19 May20 May21 May22 May23 May24 May25 May26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.91 15.21 20.09 24.84 16.95

Cintas Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 24.84 22.49 19.64 20.75 16.95

BSP:C1TA34 vs CPRT, GPN, ULS: Cyclically Adjusted PB Ratio Comparison

For the Specialty Business Services subindustry, Cintas'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.


Cintas Cyclically Adjusted PB Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, Cintas's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BSP:C1TA34
85GF Score
Cintas Corp BSP:C1TA34
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cintas 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=209.22/10.22
=20.47

* 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.

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

For example, Cintas's adjusted Book Value per Share data for the three months ended in May. 2026 was:

Adj_Book=Book Value per Share/CPI of May. 2026 (Change)*Current CPI (May. 2026)
=12.797/335.1230*335.1230
=12.797

Current CPI (May. 2026) = 335.1230.

Cintas Quarterly Data

Book Value per Share CPI Adj_Book
201608 3.039 240.849 4.229
201611 3.219 241.353 4.470
201702 3.216 243.603 4.424
201705 3.540 244.733 4.847
201708 3.803 245.519 5.191
201711 3.912 246.669 5.315
201802 4.409 248.991 5.934
201805 5.152 251.588 6.863
201808 6.152 252.146 8.177
201811 5.451 252.038 7.248
201902 5.643 252.776 7.481
201905 5.802 256.092 7.593
201908 5.935 256.558 7.752
201911 6.221 257.208 8.106
202002 6.946 258.678 8.999
202005 8.821 256.394 11.530
202008 9.428 259.918 12.156
202011 9.336 260.229 12.023
202102 9.834 263.014 12.530
202105 9.365 269.195 11.659
202108 8.405 273.567 10.296
202111 9.567 277.948 11.535
202202 8.360 283.716 9.875
202205 8.069 292.296 9.251
202208 8.175 296.171 9.250
202211 8.894 297.711 10.012
202302 9.257 300.840 10.312
202305 9.460 304.127 10.424
202308 9.804 307.026 10.701
202311 9.652 307.051 10.534
202402 10.353 310.326 11.180
202405 10.949 314.069 11.683
202408 11.073 314.796 11.788
202411 12.334 315.493 13.101
202502 13.114 319.082 13.773
202505 13.175 321.465 13.735
202508 12.854 323.976 13.296
202511 11.902 324.122 12.306
202602 12.446 326.785 12.764
202605 12.797 335.123 12.797

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 20.47 mean?
Cintas (BSP:C1TA34) has a Cyclically Adjusted PB Ratio of 20.47 as of Aug. 17, 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 Cintas and its competitors. This is 42% above median its historical median of 14.46. Over the past decade, Cintas' Cyclically Adjusted PB Ratio has ranged from 5.84 to 26.41. According to the industry distribution chart, Cintas ranks #708 out of 719 companies in the Business Services industry, placing it in the top 98.5%.
Is Cintas' Cyclically Adjusted PB Ratio too high?
Cintas' current Cyclically Adjusted PB Ratio of 20.47 is 42% above median its 10-year median of 14.46. Over the past 10 years, this metric has ranged from a low of 5.84 to a high of 26.41. The Business Services industry median Cyclically Adjusted PB Ratio is 1.54. Cintas' value of 20.47 is 1229.2% above this industry median. Based on the distribution chart, Cintas ranks #708 out of 719 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Cintas has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Cintas' Cyclically Adjusted PB Ratio compare to CPRT and GPN?
According to the Business Services industry distribution chart, Cintas ranks #708 out of 719 companies for Cyclically Adjusted PB Ratio. This places Cintas in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.54. Cintas' value of 20.47 is 1229.2% above this benchmark. Historically, Cintas' own Cyclically Adjusted PB Ratio has ranged from 5.84 to 26.41 over the past decade. While the company's 10-year median is 14.46 vs. the industry median of 1.54, Cintas 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 Business Services company?
The median Cyclically Adjusted PB Ratio among Business Services companies is 1.54, based on 719 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. Cintas's current Cyclically Adjusted PB Ratio of 20.47 is 1229.2% 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 Cintas and its competitors. For the Business Services industry, the median Cyclically Adjusted PB Ratio is 1.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cintas's current Cyclically Adjusted PB Ratio is 20.47, which is 42% above median its own 10-year median of 14.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cintas stock overvalued right now?
Based on GuruFocus' analysis, Cintas (BSP:C1TA34) is currently considered Fairly Valued. The stock's GF Value™ is R$215.45, compared to a current price of R$209.22 — trading 2.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 20.47, which is 42% above median its 10-year median of 14.46 and 1229.2% above the Business Services industry median of 1.54. Cintas' overall GF Score™ is 85/100 with 2 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 Cintas (BSP:C1TA34), the current Cyclically Adjusted PB Ratio is 20.47 as of Aug. 17, 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 Cintas (BSP:C1TA34) Overvalued in 2026?

Based on GuruFocus' analysis, Cintas stock appears to be undervalued. The current stock price of R$209.22 is trading 2.9% below its estimated GF Value™ of R$215.45. GuruFocus considers Cintas to be Fairly Valued.

Key valuation signals for BSP:C1TA34:

  • Cyclically Adjusted PB Ratio: 20.47 (42% above median its 10-year median of 14.46)
  • GF Value™: R$215.45 vs. price of R$209.22 (2.9% below fair value)
  • GF Score™: 85/100 with 2 warning signs
  • Industry Position: 1229.2% above the Business Services median (#708 of 719)

No single metric tells the full story. See the BSP:C1TA34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cintas Business Description

Address 6800 Cintas Boulevard, P.O. Box 625737, Cincinnati, OH, USA, 45262-5737
Cintas has roots dating back to 1929, when the Farmer family cleaned and resold dirty rags to manufacturing plants in Ohio. The firm has expanded its business organically and through acquisitions, and today Cintas acts as a one-stop outsourcing partner for businesses. Cintas will design, manufacture, collect, and clean every employee uniform for a small weekly sum, taking on the upfront capital expense itself. At the same stop, Cintas can also replace soiled or depleted mats, mops, trash liners, towels, first aid supplies, fire extinguishers, and cleaning products. Businesses value an outsourcing partner like Cintas as it simplifies operations and leaves noncore tasks with high regulatory standards in the hands of professionals.
85GF Score

Get the complete analysis for BSP:C1TA34

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

R$209.22
Price
R$215.45
GF Value