Moodys (BSP:MCOR34) Cyclically Adjusted PB Ratio: (As of Jul. 23, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BSP:MCOR34 Moodys Corp BSP:MCOR34
85 GF Score
Price R$619.45
GF Value R$685.24
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Moodys Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Moodys  (BSP:MCOR34) 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.


Moodys Cyclically Adjusted PB Ratio Related Terms


Moodys Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Moodys'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.

Moodys Cyclically Adjusted PB Ratio Chart

Moodys 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 220.40 91.08 83.94 70.68 54.50

Moodys Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 62.44 54.62 54.50 43.26 0.00

BSP:MCOR34 vs CME, ICE, NDAQ: Cyclically Adjusted PB Ratio Comparison

For the Financial Data & Stock Exchanges subindustry, Moodys'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.


Moodys Cyclically Adjusted PB Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Moodys's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BSP:MCOR34
85GF Score
Moodys Corp BSP:MCOR34
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Moodys 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.

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

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

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=22.207/333.9520*333.9520
=22.207

Current CPI (Jun. 2026) = 333.9520.

Moodys Quarterly Data

Book Value per Share CPI Adj_Book
201609 -2.401 241.428 -3.321
201612 -5.386 241.432 -7.450
201703 -3.789 243.801 -5.190
201706 -2.932 244.955 -3.997
201709 -1.513 246.819 -2.047
201712 -1.414 246.524 -1.915
201803 0.853 249.554 1.141
201806 1.193 251.989 1.581
201809 2.145 252.439 2.838
201812 2.329 251.233 3.096
201903 0.624 254.202 0.820
201906 1.797 256.143 2.343
201909 2.578 256.759 3.353
201912 3.346 256.974 4.348
202003 3.791 258.115 4.905
202006 7.194 257.797 9.319
202009 10.761 260.280 13.807
202012 10.786 260.474 13.829
202103 15.277 264.877 19.261
202106 14.759 271.696 18.141
202109 17.251 274.310 21.002
202112 20.767 278.802 24.875
202203 16.143 287.504 18.751
202206 15.776 296.311 17.780
202209 16.136 296.808 18.155
202212 18.031 296.797 20.288
202303 20.515 301.836 22.698
202306 20.795 305.109 22.761
202309 21.528 307.789 23.358
202312 22.274 306.746 24.250
202403 24.373 312.332 26.060
202406 27.939 314.175 29.698
202409 29.831 315.301 31.596
202412 30.157 315.605 31.910
202503 29.600 319.799 30.910
202506 30.526 322.561 31.604
202509 29.738 324.800 30.576
202512 31.144 324.054 32.095
202603 22.409 330.213 22.663
202606 22.207 333.952 22.207

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.

Is Moodys (BSP:MCOR34) Overvalued in 2026?

Based on GuruFocus' analysis, Moodys stock appears to be undervalued. The current stock price of R$619.45 is trading 9.6% below its estimated GF Value™ of R$685.24. GuruFocus considers Moodys to be Modestly Undervalued.

Key valuation signals for BSP:MCOR34:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: R$685.24 vs. price of R$619.45 (9.6% below fair value)
  • GF Score™: 85/100 with 3 warning signs

No single metric tells the full story. See the BSP:MCOR34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Moodys Business Description

Address 7 World Trade Center at 250 Greenwich Street, New York, NY, USA, 10007
Moody's, along with S&P Ratings, is a leading provider of credit ratings on fixed-income securities. The ratings segment, Moody's Investors Service, includes corporates, structured finance, financial institutions, and public finance ratings. MIS represents a majority of the firm's profit and often (depending on bond issuance levels) a majority of the firm's revenue. The other segment, Moody's Analytics, consists of decision solutions, research and insights, and data and information.
85GF Score

Get the complete analysis for BSP:MCOR34

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

R$619.45
Price
R$685.24
GF Value