MEKO AB (CHIX:MEKOS) Cyclically Adjusted PB Ratio: 0.80 (As of Jul. 06, 2026) — 47% Below Median


CHIX:MEKOS MEKO AB CHIX:MEKOS
69 GF Score
Price kr79.53
GF Value kr122.62
Valuation Possible Value Trap
! 7 Warning Signs
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What is MEKO AB Cyclically Adjusted PB Ratio?

MEKO AB CHIX:MEKOS 69 Cyclically Adjusted PB Ratio is 0.80 as of Jul. 06, 2026, which is 47% below its 10-year median of 1.52. GuruFocus rates CHIX:MEKOS with a GF Score™ of 69/100 and a GF Value™ of kr122.62 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,038 Vehicles & Parts companies, MEKO AB ranks better than 67.24% on this metric.

As of today (2026-07-06), MEKO AB's current share price is kr79.525. MEKO AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was kr99.02. MEKO AB's Cyclically Adjusted PB Ratio for today is 0.80.

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

CHIX:MEKOs' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.69   Med: 1.52   Max: 2.9
Current: 0.8

During the past years, MEKO AB's highest Cyclically Adjusted PB Ratio was 2.90. The lowest was 0.69. And the median was 1.52.

CHIX:MEKOs's Cyclically Adjusted PB Ratio is ranked better than
67.24% of 1038 companies
in the Vehicles & Parts industry
Industry Median: 1.33 vs CHIX:MEKOs: 0.80

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.

MEKO AB's adjusted book value per share data for the three months ended in Mar. 2026 was kr109.439. 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 kr99.02 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


MEKO AB  (CHIX:MEKOs) 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.


MEKO AB Cyclically Adjusted PB Ratio Related Terms


MEKO AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for MEKO AB'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.

MEKO AB Cyclically Adjusted PB Ratio Chart

MEKO AB 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 2.41 1.45 1.29 1.48 0.77

MEKO AB 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 1.34 1.16 0.86 0.77 0.71

CHIX:MEKOS vs ORLY, AZO, GPC: Cyclically Adjusted PB Ratio Comparison

For the Auto Parts subindustry, MEKO AB'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.


MEKO AB Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry

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

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


CHIX:MEKOS
69GF Score
MEKO AB CHIX:MEKOS
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MEKO AB 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.

MEKO AB's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=79.525/99.02
=0.80

* 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.

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

For example, MEKO AB'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)
=109.439/133.5600*133.5600
=109.439

Current CPI (Mar. 2026) = 133.5600.

MEKO AB Quarterly Data

Book Value per Share CPI Adj_Book
201606 49.423 101.019 65.343
201609 52.606 101.138 69.470
201612 53.721 102.022 70.328
201703 55.348 102.022 72.458
201706 51.351 102.752 66.747
201709 53.652 103.279 69.383
201712 54.929 103.793 70.682
201803 57.416 103.962 73.762
201806 55.301 104.875 70.427
201809 41.158 105.679 52.017
201812 67.929 105.912 85.662
201903 71.141 105.886 89.734
201906 74.583 106.742 93.322
201909 76.736 107.214 95.593
201912 76.399 107.766 94.685
202003 77.109 106.563 96.644
202006 77.180 107.498 95.892
202009 79.080 107.635 98.127
202012 80.376 108.296 99.127
202103 83.678 108.360 103.138
202106 86.146 108.928 105.627
202109 89.022 110.338 107.758
202112 91.845 112.486 109.052
202203 95.183 114.825 110.713
202206 94.982 118.384 107.158
202209 99.708 122.296 108.891
202212 102.970 126.365 108.833
202303 105.135 127.042 110.529
202306 111.504 129.407 115.083
202309 111.950 130.224 114.818
202312 107.202 131.912 108.541
202403 112.048 132.205 113.196
202406 112.598 132.716 113.314
202409 115.226 132.304 116.320
202412 114.533 132.987 115.026
202503 109.474 132.825 110.080
202506 107.610 133.699 107.498
202509 106.048 133.480 106.112
202512 104.060 133.390 104.193
202603 109.439 133.560 109.439

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 0.80 mean?
MEKO AB (CHIX:MEKOS) has a Cyclically Adjusted PB Ratio of 0.80 as of Jul. 06, 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 MEKO AB and its competitors. This is 47% below median its historical median of 1.52. Over the past decade, MEKO AB's Cyclically Adjusted PB Ratio has ranged from 0.69 to 2.90. According to the industry distribution chart, MEKO AB ranks #340 out of 1038 companies in the Vehicles & Parts industry, placing it in the top 32.8%.
Is MEKO AB's Cyclically Adjusted PB Ratio too high?
MEKO AB's current Cyclically Adjusted PB Ratio of 0.80 is 47% below median its 10-year median of 1.52. Over the past 10 years, this metric has ranged from a low of 0.69 to a high of 2.90. The Vehicles & Parts industry median Cyclically Adjusted PB Ratio is 1.33. MEKO AB's value of 0.80 is 39.8% below this industry median. Based on the distribution chart, MEKO AB ranks #340 out of 1038 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, MEKO AB has a GF Score™ of 69/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does MEKO AB's Cyclically Adjusted PB Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, MEKO AB ranks #340 out of 1038 companies for Cyclically Adjusted PB Ratio. This puts MEKO AB in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.33. MEKO AB's value of 0.80 is 39.8% below this benchmark. Historically, MEKO AB's own Cyclically Adjusted PB Ratio has ranged from 0.69 to 2.90 over the past decade. While the company's 10-year median is 1.52 vs. the industry median of 1.33, MEKO AB 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 Vehicles & Parts company?
The median Cyclically Adjusted PB Ratio among Vehicles & Parts companies is 1.33, based on 1,038 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. MEKO AB's current Cyclically Adjusted PB Ratio of 0.80 is 39.8% 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 MEKO AB and its competitors. For the Vehicles & Parts industry, the median Cyclically Adjusted PB Ratio is 1.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MEKO AB's current Cyclically Adjusted PB Ratio is 0.80, which is 47% below median its own 10-year median of 1.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MEKO AB stock overvalued right now?
Based on GuruFocus' analysis, MEKO AB (CHIX:MEKOS) is currently considered Possible Value Trap. The stock's GF Value™ is kr122.62, compared to a current price of kr79.53 — trading 35.1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.80, which is 47% below median its 10-year median of 1.52 and 39.8% below the Vehicles & Parts industry median of 1.33. MEKO AB's overall GF Score™ is 69/100 with 7 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 MEKO AB (CHIX:MEKOS), the current Cyclically Adjusted PB Ratio is 0.80 as of Jul. 06, 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 MEKO AB (CHIX:MEKOS) Overvalued in 2026?

Based on GuruFocus' analysis, MEKO AB stock appears to be undervalued. The current stock price of kr79.53 is trading 35.1% below its estimated GF Value™ of kr122.62. GuruFocus considers MEKO AB to be Possible Value Trap.

Key valuation signals for CHIX:MEKOS:

  • Cyclically Adjusted PB Ratio: 0.80 (47% below median its 10-year median of 1.52)
  • GF Value™: kr122.62 vs. price of kr79.53 (35.1% below fair value)
  • GF Score™: 69/100 with 7 warning signs
  • Industry Position: 39.8% below the Vehicles & Parts median (#340 of 1038)

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


MEKO AB Business Description

Other Exchanges MEKO:Sweden0HDJ:UK
Address Klarabergsviadukten 70, Elevator C, Floor 6, Box 19542, Stockholm, SWE, 11164
MEKO AB functions in the car aftermarket, operating car service chains, and wholesale operations. The company offers spare parts and accessories to affiliated workshops, other workshops, other business-to-business customers, and car owners. The company conducts business through segments: Denmark, Finland, Poland/the Baltics, Sweden/Norway, and Sorensen og Balchen (Norway). It generates maximum revenue from Sweden/Norway. The Affiliated workshops of the company operate under the company's brands: BilXtra, MECA, Mekonomen BFTZ, Fixus, Inter-Team, among others.
69GF Score

Get the complete analysis for CHIX:MEKOS

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

kr79.53
Price
kr122.62
GF Value