Wetzel (BSP:MWET4) Cyclically Adjusted PB Ratio: (As of Aug. 13, 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.
Reviewed by: Charlie Tian Charlie Tian
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:MWET4 Wetzel SA BSP:MWET4
51 GF Score
Price R$12.40
GF Value R$14.23
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Wetzel Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Wetzel  (BSP:MWET4) 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.


Wetzel Cyclically Adjusted PB Ratio Related Terms


Wetzel Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Wetzel'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.

Wetzel Cyclically Adjusted PB Ratio Chart

Wetzel 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 0.00 0.00 0.00 0.00 0.00

Wetzel 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 0.00 0.00 0.00 0.00 0.00

BSP:MWET4 vs ORLY, AZO, GPC: Cyclically Adjusted PB Ratio Comparison

For the Auto Parts subindustry, Wetzel'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.


Wetzel Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Wetzel's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BSP:MWET4
51GF Score
Wetzel SA BSP:MWET4
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Wetzel 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.

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

For example, Wetzel'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)
=-3.754/175.0655*175.0655
=-3.754

Current CPI (Mar. 2026) = 175.0655.

Wetzel Quarterly Data

Book Value per Share CPI Adj_Book
201606 -66.559 108.851 -107.048
201609 -69.812 109.986 -111.120
201612 -69.724 110.802 -110.163
201703 -74.620 111.869 -116.774
201706 -76.881 112.115 -120.049
201709 -72.634 112.777 -112.751
201712 -66.560 114.068 -102.153
201803 -68.794 114.868 -104.846
201806 -72.165 117.038 -107.945
201809 -73.314 117.881 -108.879
201812 -82.240 118.340 -121.661
201903 -85.710 120.124 -124.912
201906 -108.869 120.977 -157.544
201909 -114.452 121.292 -165.193
201912 -101.243 123.436 -143.589
202003 -124.141 124.092 -175.135
202006 -127.130 123.557 -180.128
202009 -129.552 125.095 -181.303
202012 -89.143 129.012 -120.964
202103 -103.598 131.660 -137.752
202106 -28.923 133.871 -37.823
202109 -27.692 137.913 -35.152
202112 -23.377 141.992 -28.822
202203 -23.844 146.537 -28.486
202206 -25.613 149.784 -29.936
202209 -10.897 147.800 -12.907
202212 -3.986 150.207 -4.646
202303 -4.070 153.352 -4.646
202306 -5.812 154.519 -6.585
202309 -5.046 155.464 -5.682
202312 -2.814 157.148 -3.135
202403 -2.605 159.372 -2.862
202406 -0.635 161.052 -0.690
202409 -0.677 162.342 -0.730
202412 12.727 164.740 13.525
202503 9.638 168.102 10.037
202506 5.555 169.670 5.732
202509 4.089 170.739 4.193
202512 3.210 171.765 3.272
202603 -3.754 175.066 -3.754

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 Wetzel (BSP:MWET4) Overvalued in 2026?

Based on GuruFocus' analysis, Wetzel stock appears to be undervalued. The current stock price of R$12.40 is trading 12.9% below its estimated GF Value™ of R$14.23. GuruFocus considers Wetzel to be Modestly Undervalued.

Key valuation signals for BSP:MWET4:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: R$14.23 vs. price of R$12.40 (12.9% below fair value)
  • GF Score™: 51/100 with 7 warning signs

No single metric tells the full story. See the BSP:MWET4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wetzel Business Description

Other Exchanges MWET3:Brazil
Address Rua Dona Francisca, 8300, Bloco H, Joinville, SC, BRA, 89239-270
Wetzel SA manufactures and markets aluminum and iron components and parts for motor vehicles. The company operates in three business units namely, Aluminum Division, Iron Division and Electro-technical Division.
51GF Score

Get the complete analysis for BSP:MWET4

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

R$12.40
Price
R$14.23
GF Value