MongoDB (BSP:M1DB34) Cyclically Adjusted PB Ratio: 28.65 (As of Aug. 03, 2026) — Near Median

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BSP:M1DB34 MongoDB Inc BSP:M1DB34
82 GF Score
Price R$85.39
GF Value R$94.29
Valuation Fairly Valued
! 2 Warning Signs
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What is MongoDB Cyclically Adjusted PB Ratio?

MongoDB BSP:M1DB34 +4.02% 82 Cyclically Adjusted PB Ratio is 28.65 as of Aug. 03, 2026, which is 4% above its 10-year median of 27.55. GuruFocus rates BSP:M1DB34 with a GF Score™ of 82/100 and a GF Value™ of R$94.29 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,573 Software companies, MongoDB ranks worse than 97.58% on this metric.

As of today (2026-08-03), MongoDB's current share price is R$85.39. MongoDB's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 was R$2.98. MongoDB's Cyclically Adjusted PB Ratio for today is 28.65.

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

BSP:M1DB34' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 22.03   Med: 27.55   Max: 29.67
Current: 28.22

During the past years, MongoDB's highest Cyclically Adjusted PB Ratio was 29.67. The lowest was 22.03. And the median was 27.55.

BSP:M1DB34's Cyclically Adjusted PB Ratio is ranked worse than
97.58% of 1573 companies
in the Software industry
Industry Median: 2.24 vs BSP:M1DB34: 28.22

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.

MongoDB's adjusted book value per share data for the three months ended in Apr. 2026 was R$9.176. 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$2.98 for the trailing ten years ended in Apr. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


MongoDB  (BSP:M1DB34) 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.


MongoDB Cyclically Adjusted PB Ratio Related Terms


MongoDB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for MongoDB'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.

MongoDB Cyclically Adjusted PB Ratio Chart

MongoDB Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

MongoDB Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 0.00 20.97

BSP:M1DB34 vs OKTA, CPAY, ZS: Cyclically Adjusted PB Ratio Comparison

For the Software - Infrastructure subindustry, MongoDB'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.


MongoDB Cyclically Adjusted PB Ratio vs Software Industry

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

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


BSP:M1DB34
82GF Score
MongoDB Inc BSP:M1DB34
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MongoDB 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=85.39/2.98
=28.65

* 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.

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

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

Adj_Book=Book Value per Share/CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=9.176/333.0200*333.0200
=9.176

Current CPI (Apr. 2026) = 333.0200.

MongoDB Quarterly Data

Book Value per Share CPI Adj_Book
201601 -0.946 236.916 -1.330
201610 0.000 241.729 0.000
201701 -0.933 242.839 -1.279
201704 0.000 244.524 0.000
201707 0.092 244.786 0.125
201710 0.673 246.663 0.909
201801 0.786 247.867 1.056
201804 0.581 250.546 0.772
201807 0.765 252.006 1.011
201810 0.693 252.885 0.913
201901 0.910 251.712 1.204
201904 0.874 255.548 1.139
201907 0.804 256.571 1.044
201910 0.788 257.346 1.020
202001 0.300 257.971 0.387
202004 0.289 256.389 0.375
202007 0.216 259.101 0.278
202010 0.102 260.388 0.130
202101 -0.001 261.582 -0.001
202104 -1.203 267.054 -1.500
202107 2.629 273.003 3.207
202110 2.753 276.589 3.315
202201 2.733 281.148 3.237
202204 2.350 289.109 2.707
202207 2.611 296.276 2.935
202210 2.595 298.012 2.900
202301 2.746 299.170 3.057
202304 2.821 303.363 3.097
202307 2.978 305.691 3.244
202310 3.399 307.671 3.679
202401 3.614 308.417 3.902
202404 4.438 313.548 4.714
202407 5.115 314.540 5.416
202410 5.681 315.664 5.993
202501 10.392 317.671 10.894
202504 10.746 320.795 11.156
202507 9.985 323.048 10.293
202510 9.556 0.000
202601 9.778 325.252 10.012
202604 9.176 333.020 9.176

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 28.65 mean?
MongoDB (BSP:M1DB34) has a Cyclically Adjusted PB Ratio of 28.65 as of Aug. 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 MongoDB and its competitors. This is near median its historical median of 27.55. Over the past decade, MongoDB's Cyclically Adjusted PB Ratio has ranged from 22.03 to 29.67. According to the industry distribution chart, MongoDB ranks #1535 out of 1573 companies in the Software industry, placing it in the top 97.6%.
Is MongoDB's Cyclically Adjusted PB Ratio too high?
MongoDB's current Cyclically Adjusted PB Ratio of 28.65 is near median its 10-year median of 27.55. Over the past 10 years, this metric has ranged from a low of 22.03 to a high of 29.67. The Software industry median Cyclically Adjusted PB Ratio is 2.24. MongoDB's value of 28.65 is 1179% above this industry median. Based on the distribution chart, MongoDB ranks #1535 out of 1573 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, MongoDB has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does MongoDB's Cyclically Adjusted PB Ratio compare to OKTA and CPAY?
According to the Software industry distribution chart, MongoDB ranks #1535 out of 1573 companies for Cyclically Adjusted PB Ratio. This places MongoDB in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.24. MongoDB's value of 28.65 is 1179% above this benchmark. Historically, MongoDB's own Cyclically Adjusted PB Ratio has ranged from 22.03 to 29.67 over the past decade. While the company's 10-year median is 27.55 vs. the industry median of 2.24, MongoDB 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 2.24, based on 1,573 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. MongoDB's current Cyclically Adjusted PB Ratio of 28.65 is 1179% 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 MongoDB and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MongoDB's current Cyclically Adjusted PB Ratio is 28.65, which is near median its own 10-year median of 27.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MongoDB stock overvalued right now?
Based on GuruFocus' analysis, MongoDB (BSP:M1DB34) is currently considered Fairly Valued. The stock's GF Value™ is R$94.29, compared to a current price of R$85.39 — trading 9.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 28.65, which is near median its 10-year median of 27.55 and 1179% above the Software industry median of 2.24. MongoDB's overall GF Score™ is 82/100 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 MongoDB (BSP:M1DB34), the current Cyclically Adjusted PB Ratio is 28.65 as of Aug. 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 MongoDB (BSP:M1DB34) Overvalued in 2026?

Based on GuruFocus' analysis, MongoDB stock appears to be undervalued. The current stock price of R$85.39 is trading 9.4% below its estimated GF Value™ of R$94.29. GuruFocus considers MongoDB to be Fairly Valued.

Key valuation signals for BSP:M1DB34:

  • Cyclically Adjusted PB Ratio: 28.65 (near median its 10-year median of 27.55)
  • GF Value™: R$94.29 vs. price of R$85.39 (9.4% below fair value)
  • GF Score™: 82/100 with 2 warning signs
  • Industry Position: 1179% above the Software median (#1535 of 1573)

No single metric tells the full story. See the BSP:M1DB34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MongoDB Business Description

Address 1633 Broadway, 38th Floor, New York, NY, USA, 10019
Founded in 2007, MongoDB is a vendor of a document-oriented database that accelerates the development processes of new applications. Enterprise customers can choose between the fully managed offering, MongoDB Atlas, or the self-managed version, MongoDB Enterprise Advanced. MongoDB is a popular tool among developers, and its free Community Server has recorded over 500 million downloads since 2009.
82GF Score

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

R$85.39
Price
R$94.29
GF Value