Italmobiliare SpA (CHIX:ITMM) Cyclically Adjusted PB Ratio: 0.74 (As of Jul. 13, 2026) — Near Median


CHIX:ITMM Italmobiliare SpA CHIX:ITMM
81 GF Score
Price €27.78
GF Value €35.01
! 5 Warning Signs
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What is Italmobiliare SpA Cyclically Adjusted PB Ratio?

Italmobiliare SpA CHIX:ITMM 81 Cyclically Adjusted PB Ratio is 0.74 as of Jul. 13, 2026, which is 1% below its 10-year median of 0.75. GuruFocus rates CHIX:ITMM with a GF Score™ of 81/100 and a GF Value™ of €35.01. The stock has 5 warning signs investors should review. Among 1,445 Consumer Packaged Goods companies, Italmobiliare SpA ranks better than 68.86% on this metric.

As of today (2026-07-13), Italmobiliare SpA's current share price is €27.775. Italmobiliare SpA's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was €37.31. Italmobiliare SpA's Cyclically Adjusted PB Ratio for today is 0.74.

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

CHIX:ITMm' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.56   Med: 0.75   Max: 1.04
Current: 0.79

During the past 13 years, Italmobiliare SpA's highest Cyclically Adjusted PB Ratio was 1.04. The lowest was 0.56. And the median was 0.75.

CHIX:ITMm's Cyclically Adjusted PB Ratio is ranked better than
68.86% of 1445 companies
in the Consumer Packaged Goods industry
Industry Median: 1.25 vs CHIX:ITMm: 0.79

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.

Italmobiliare SpA's adjusted book value per share data of for the fiscal year that ended in Dec25 was €35.640. 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 €37.31 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Italmobiliare SpA  (CHIX:ITMm) 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.


Italmobiliare SpA Cyclically Adjusted PB Ratio Related Terms


Italmobiliare SpA Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Italmobiliare SpA'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.

Italmobiliare SpA Cyclically Adjusted PB Ratio Chart

Italmobiliare SpA 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 1.00 0.71 0.76 0.71 0.74

Italmobiliare SpA Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.76 0.00 0.71 0.00 0.74

CHIX:ITMM vs KHC, GIS: Cyclically Adjusted PB Ratio Comparison

For the Packaged Foods subindustry, Italmobiliare SpA'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.


Italmobiliare SpA Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Italmobiliare SpA's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


CHIX:ITMM
81GF Score
Italmobiliare SpA CHIX:ITMM
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Italmobiliare SpA 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.

Italmobiliare SpA's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=27.775/37.31
=0.74

* 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.

Italmobiliare SpA's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Italmobiliare SpA's adjusted Book Value per Share data for the fiscal year that ended in Dec25 was:

Adj_Book=Book Value per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=35.64/122.6000*122.6000
=35.640

Current CPI (Dec25) = 122.6000.

Italmobiliare SpA Annual Data

Book Value per Share CPI Adj_Book
201612 28.875 100.300 35.295
201712 32.742 101.200 39.666
201812 28.666 102.300 34.354
201912 32.360 102.800 38.593
202012 31.513 102.600 37.656
202112 34.520 106.600 39.701
202212 33.743 119.000 34.764
202312 35.458 119.700 36.317
202412 35.036 121.200 35.441
202512 35.640 122.600 35.640

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 0.74 mean?
Italmobiliare SpA (CHIX:ITMM) has a Cyclically Adjusted PB Ratio of 0.74 as of Jul. 13, 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 Italmobiliare SpA and its competitors. This is near median its historical median of 0.75. Over the past decade, Italmobiliare SpA's Cyclically Adjusted PB Ratio has ranged from 0.56 to 1.04. According to the industry distribution chart, Italmobiliare SpA ranks #450 out of 1445 companies in the Consumer Packaged Goods industry, placing it in the top 31.1%.
Is Italmobiliare SpA's Cyclically Adjusted PB Ratio too high?
Italmobiliare SpA's current Cyclically Adjusted PB Ratio of 0.74 is near median its 10-year median of 0.75. Over the past 10 years, this metric has ranged from a low of 0.56 to a high of 1.04. The Consumer Packaged Goods industry median Cyclically Adjusted PB Ratio is 1.25. Italmobiliare SpA's value of 0.74 is 40.8% below this industry median. Based on the distribution chart, Italmobiliare SpA ranks #450 out of 1445 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Italmobiliare SpA has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does Italmobiliare SpA's Cyclically Adjusted PB Ratio compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Italmobiliare SpA ranks #450 out of 1445 companies for Cyclically Adjusted PB Ratio. This puts Italmobiliare SpA in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.25. Italmobiliare SpA's value of 0.74 is 40.8% below this benchmark. Historically, Italmobiliare SpA's own Cyclically Adjusted PB Ratio has ranged from 0.56 to 1.04 over the past decade. While the company's 10-year median is 0.75 vs. the industry median of 1.25, Italmobiliare SpA has consistently been below 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 Consumer Packaged Goods company?
The median Cyclically Adjusted PB Ratio among Consumer Packaged Goods companies is 1.25, based on 1,445 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. Italmobiliare SpA's current Cyclically Adjusted PB Ratio of 0.74 is 40.8% below 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 Italmobiliare SpA and its competitors. For the Consumer Packaged Goods industry, the median Cyclically Adjusted PB Ratio is 1.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Italmobiliare SpA's current Cyclically Adjusted PB Ratio is 0.74, which is near median its own 10-year median of 0.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Italmobiliare SpA stock overvalued right now?
Italmobiliare SpA (CHIX:ITMM) has a current Cyclically Adjusted PB Ratio of 0.74. The stock's GF Value™ is €35.01, compared to a current price of €27.78 — trading 20.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.74, which is near median its 10-year median of 0.75 and 40.8% below the Consumer Packaged Goods industry median of 1.25. Italmobiliare SpA's overall GF Score™ is 81/100 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 Italmobiliare SpA (CHIX:ITMM), the current Cyclically Adjusted PB Ratio is 0.74 as of Jul. 13, 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 Italmobiliare SpA (CHIX:ITMM) Overvalued in 2026?

Based on GuruFocus' analysis, Italmobiliare SpA stock appears to be undervalued. The current stock price of €27.78 is trading 20.7% below its estimated GF Value™ of €35.01.

Key valuation signals for CHIX:ITMM:

  • Cyclically Adjusted PB Ratio: 0.74 (near median its 10-year median of 0.75)
  • GF Value™: €35.01 vs. price of €27.78 (20.7% below fair value)
  • GF Score™: 81/100 with 5 warning signs
  • Industry Position: 40.8% below the Consumer Packaged Goods median (#450 of 1445)

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


Italmobiliare SpA Business Description

Address Via Borgonuovo, 20, Milan, ITA, 20121
Italmobiliare SpA is a holding company based in Italy with investments spread over the industrial, banking, and financial sectors. The profile of the company includes Portfolio companies, Private equities, Investments, and Cash and other activities. The company's segments correspond to its main subsidiaries and associates, which are Caffe Borbone, Officina Profumo-Farmaceutica di Santa Maria Novella, Italgen, CDSCasa della Salute, Capitelli, Clessidra, Callmewine, SIDI Sport, Tecnica Group, Iseo Serrature, and "Other companies", including Credit Mobilier de Monaco, Sirap, and Italmobiliare Servizi.
81GF Score

Get the complete analysis for CHIX:ITMM

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

€27.78
Price
€35.01
GF Value