MBB SE (CHIX:MBBD) Cyclically Adjusted PB Ratio: 1.63 (As of Jul. 16, 2026) — 36% Below Median

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CHIX:MBBD MBB SE CHIX:MBBD
93 GF Score
Price €175.20
GF Value €140.49
! 1 Warning Sign
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What is MBB SE Cyclically Adjusted PB Ratio?

MBB SE CHIX:MBBD 93 Cyclically Adjusted PB Ratio is 1.63 as of Jul. 16, 2026, which is 36% below its 10-year median of 2.55. GuruFocus rates CHIX:MBBD with a GF Score™ of 93/100 and a GF Value™ of €140.49. The stock has 1 warning sign investors should review. Among 478 Conglomerates companies, MBB SE ranks worse than 69.46% on this metric.

As of today (2026-07-16), MBB SE's current share price is €175.20. MBB SE's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €107.62. MBB SE's Cyclically Adjusted PB Ratio for today is 1.63.

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

CHIX:MBBd' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.25   Med: 2.55   Max: 6.72
Current: 1.95

During the past years, MBB SE's highest Cyclically Adjusted PB Ratio was 6.72. The lowest was 1.25. And the median was 2.55.

CHIX:MBBd's Cyclically Adjusted PB Ratio is ranked worse than
69.46% of 478 companies
in the Conglomerates industry
Industry Median: 1.065 vs CHIX:MBBd: 1.95

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.

MBB SE's adjusted book value per share data for the three months ended in Mar. 2026 was €131.317. 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 €107.62 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


MBB SE  (CHIX:MBBd) 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.


MBB SE Cyclically Adjusted PB Ratio Related Terms


MBB SE Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for MBB SE'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.

MBB SE Cyclically Adjusted PB Ratio Chart

MBB SE 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 3.61 1.84 1.57 1.42 2.54

MBB SE 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 1.85 1.88 2.16 2.54 2.08

CHIX:MBBD vs HON, MMM: Cyclically Adjusted PB Ratio Comparison

For the Conglomerates subindustry, MBB SE'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.


MBB SE Cyclically Adjusted PB Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, MBB SE's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


CHIX:MBBD
93GF Score
MBB SE CHIX:MBBD
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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MBB SE 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.

MBB SE's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=175.20/107.62
=1.63

* 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.

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

For example, MBB SE'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)
=131.317/131.2583*131.2583
=131.317

Current CPI (Mar. 2026) = 131.2583.

MBB SE Quarterly Data

Book Value per Share CPI Adj_Book
201606 13.619 100.717 17.749
201609 13.726 101.017 17.835
201612 13.956 101.217 18.098
201703 39.496 101.417 51.117
201706 38.671 102.117 49.707
201709 38.828 102.717 49.617
201712 43.880 102.617 56.127
201803 56.562 102.917 72.138
201806 55.860 104.017 70.489
201809 56.746 104.718 71.128
201812 56.744 104.217 71.467
201903 49.271 104.217 62.055
201906 53.409 105.718 66.312
201909 56.012 106.018 69.347
201912 57.490 105.818 71.312
202003 55.922 105.718 69.432
202006 57.906 106.618 71.289
202009 57.912 105.818 71.835
202012 59.821 105.518 74.414
202103 94.825 107.518 115.763
202106 95.609 108.486 115.679
202109 97.116 109.435 116.483
202112 99.388 110.384 118.183
202203 96.635 113.968 111.296
202206 91.920 115.760 104.226
202209 93.380 118.818 103.157
202212 93.477 119.345 102.808
202303 93.900 122.402 100.694
202306 94.488 123.140 100.717
202309 94.804 124.195 100.196
202312 97.153 123.773 103.029
202403 91.940 125.038 96.514
202406 97.241 125.882 101.394
202409 99.534 126.198 103.525
202412 103.589 127.041 107.028
202503 101.140 127.779 103.894
202506 105.554 128.412 107.894
202509 112.702 129.255 114.449
202512 124.314 129.361 126.138
202603 131.317 131.258 131.317

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 1.63 mean?
MBB SE (CHIX:MBBD) has a Cyclically Adjusted PB Ratio of 1.63 as of Jul. 16, 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 MBB SE and its competitors. This is 36% below median its historical median of 2.55. Over the past decade, MBB SE's Cyclically Adjusted PB Ratio has ranged from 1.25 to 6.72. According to the industry distribution chart, MBB SE ranks #332 out of 478 companies in the Conglomerates industry, placing it in the top 69.5%.
Is MBB SE's Cyclically Adjusted PB Ratio too high?
MBB SE's current Cyclically Adjusted PB Ratio of 1.63 is 36% below median its 10-year median of 2.55. Over the past 10 years, this metric has ranged from a low of 1.25 to a high of 6.72. The Conglomerates industry median Cyclically Adjusted PB Ratio is 1.07. MBB SE's value of 1.63 is 53.1% above this industry median. Based on the distribution chart, MBB SE ranks #332 out of 478 companies in the Conglomerates industry, which is below the industry midpoint. Overall, MBB SE has a GF Score™ of 93/100, reflecting its overall financial health beyond just this single metric.
How does MBB SE's Cyclically Adjusted PB Ratio compare to HON and MMM?
According to the Conglomerates industry distribution chart, MBB SE ranks #332 out of 478 companies for Cyclically Adjusted PB Ratio. This places MBB SE in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.07. MBB SE's value of 1.63 is 53.1% above this benchmark. Historically, MBB SE's own Cyclically Adjusted PB Ratio has ranged from 1.25 to 6.72 over the past decade. While the company's 10-year median is 2.55 vs. the industry median of 1.07, MBB SE 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 Conglomerates company?
The median Cyclically Adjusted PB Ratio among Conglomerates companies is 1.07, based on 478 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. MBB SE's current Cyclically Adjusted PB Ratio of 1.63 is 53.1% 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 MBB SE and its competitors. For the Conglomerates industry, the median Cyclically Adjusted PB Ratio is 1.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MBB SE's current Cyclically Adjusted PB Ratio is 1.63, which is 36% below median its own 10-year median of 2.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MBB SE stock overvalued right now?
MBB SE (CHIX:MBBD) has a current Cyclically Adjusted PB Ratio of 1.63. The stock's GF Value™ is €140.49, compared to a current price of €175.20 — trading 24.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.63, which is 36% below median its 10-year median of 2.55 and 53.1% above the Conglomerates industry median of 1.07. MBB SE's overall GF Score™ is 93/100 with 1 warning sign 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 MBB SE (CHIX:MBBD), the current Cyclically Adjusted PB Ratio is 1.63 as of Jul. 16, 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 MBB SE (CHIX:MBBD) Overvalued in 2026?

Based on GuruFocus' analysis, MBB SE stock appears to be overvalued. The current stock price of €175.20 is trading 24.7% above its estimated GF Value™ of €140.49.

Key valuation signals for CHIX:MBBD:

  • Cyclically Adjusted PB Ratio: 1.63 (36% below median its 10-year median of 2.55)
  • GF Value™: €140.49 vs. price of €175.20 (24.7% above fair value)
  • GF Score™: 93/100 with 1 warning sign
  • Industry Position: 53.1% above the Conglomerates median (#332 of 478)

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


MBB SE Business Description

Other Exchanges 0J7X:UKMBB:Germany
Address Kurfurstendamm 188, Berlin, BB, DEU, 10707
MBB SE is a medium-sized, family-owned company specializing in the acquisition and management of medium-sized industrial companies with considerable technology and engineering expertise. It concentrates on energy transition, e-mobility, cybersecurity, and ecological materials through its subsidiaries. The MBB Group comprises the following reportable segments: Friedrich Vorwerk, Aumann, DTS, Delignit. Aumann AG: Specialized in e-mobility and automation, Friedrich Vorwerk: Focused on energy infrastructure, including gas, power grids, and hydrogen. DTS IT AG: Provides cybersecurity and cloud computing services. Delignit AG: Produces ecological hardwood-based materials and Hanke Tissue: Produces consumer goods like mattresses and tissue paper.
93GF Score

Get the complete analysis for CHIX:MBBD

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

€175.20
Price
€140.49
GF Value