Titan (CHIX:TITCB) Cyclically Adjusted PB Ratio: 3.75 (As of Jul. 16, 2026) — 66% Above Median

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.

CHIX:TITCB Titan SA CHIX:TITCB
80 GF Score
Price €49.41
GF Value €21.16
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Titan Cyclically Adjusted PB Ratio?

Titan CHIX:TITCB 80 Cyclically Adjusted PB Ratio is 3.75 as of Jul. 16, 2026, which is 66% above its 10-year median of 2.26. GuruFocus rates CHIX:TITCB with a GF Score™ of 80/100 and a GF Value™ of €21.16 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 325 Building Materials companies, Titan ranks worse than 73.54% on this metric.

As of today (2026-07-16), Titan's current share price is €49.41. Titan's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was €13.16. Titan's Cyclically Adjusted PB Ratio for today is 3.75.

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

CHIX:TITCb' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.92   Med: 2.26   Max: 2.53
Current: 2.24

During the past 10 years, Titan's highest Cyclically Adjusted PB Ratio was 2.53. The lowest was 1.92. And the median was 2.26.

CHIX:TITCb's Cyclically Adjusted PB Ratio is ranked worse than
73.54% of 325 companies
in the Building Materials industry
Industry Median: 1.08 vs CHIX:TITCb: 2.24

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.

Titan's adjusted book value per share data of for the fiscal year that ended in Dec25 was €26.278. 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 €13.16 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Titan  (CHIX:TITCb) 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.


Titan Cyclically Adjusted PB Ratio Related Terms


Titan Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Titan'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.

Titan Cyclically Adjusted PB Ratio Chart

Titan 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 2.34

Titan Quarterly Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 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 2.34 0.00

CHIX:TITCB vs CRH, VMC, MLM: Cyclically Adjusted PB Ratio Comparison

For the Building Materials subindustry, Titan'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.


Titan Cyclically Adjusted PB Ratio vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Titan's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


CHIX:TITCB
80GF Score
Titan SA CHIX:TITCB
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Titan 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.

Titan's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=49.41/13.16
=3.75

* 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.

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

For example, Titan'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)
=26.278/135.0700*135.0700
=26.278

Current CPI (Dec25) = 135.0700.

Titan Annual Data

Book Value per Share CPI Adj_Book
201612 19.158 102.614 25.218
201712 16.963 104.804 21.862
201812 18.091 107.252 22.783
201912 17.813 108.065 22.264
202012 16.265 108.511 20.246
202112 17.208 114.705 20.263
202212 18.559 126.578 19.804
202312 20.808 128.292 21.907
202412 24.075 132.346 24.571
202512 26.278 135.070 26.278

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 3.75 mean?
Titan (CHIX:TITCB) has a Cyclically Adjusted PB Ratio of 3.75 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 Titan and its competitors. This is 66% above median its historical median of 2.26. Over the past decade, Titan's Cyclically Adjusted PB Ratio has ranged from 1.92 to 2.53. According to the industry distribution chart, Titan ranks #239 out of 325 companies in the Building Materials industry, placing it in the top 73.5%.
Is Titan's Cyclically Adjusted PB Ratio too high?
Titan's current Cyclically Adjusted PB Ratio of 3.75 is 66% above median its 10-year median of 2.26. Over the past 10 years, this metric has ranged from a low of 1.92 to a high of 2.53. The Building Materials industry median Cyclically Adjusted PB Ratio is 1.08. Titan's value of 3.75 is 247.2% above this industry median. Based on the distribution chart, Titan ranks #239 out of 325 companies in the Building Materials industry, which is below the industry midpoint. Overall, Titan has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Titan's Cyclically Adjusted PB Ratio compare to CRH and VMC?
According to the Building Materials industry distribution chart, Titan ranks #239 out of 325 companies for Cyclically Adjusted PB Ratio. This places Titan in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.08. Titan's value of 3.75 is 247.2% above this benchmark. Historically, Titan's own Cyclically Adjusted PB Ratio has ranged from 1.92 to 2.53 over the past decade. While the company's 10-year median is 2.26 vs. the industry median of 1.08, Titan 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 Building Materials company?
The median Cyclically Adjusted PB Ratio among Building Materials companies is 1.08, based on 325 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. Titan's current Cyclically Adjusted PB Ratio of 3.75 is 247.2% 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 Titan and its competitors. For the Building Materials industry, the median Cyclically Adjusted PB Ratio is 1.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Titan's current Cyclically Adjusted PB Ratio is 3.75, which is 66% above median its own 10-year median of 2.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Titan stock overvalued right now?
Based on GuruFocus' analysis, Titan (CHIX:TITCB) is currently considered Significantly Overvalued. The stock's GF Value™ is €21.16, compared to a current price of €49.41 — trading 133.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.75, which is 66% above median its 10-year median of 2.26 and 247.2% above the Building Materials industry median of 1.08. Titan's overall GF Score™ is 80/100 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 Titan (CHIX:TITCB), the current Cyclically Adjusted PB Ratio is 3.75 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 Titan (CHIX:TITCB) Overvalued in 2026?

Based on GuruFocus' analysis, Titan stock appears to be overvalued. The current stock price of €49.41 is trading 133.5% above its estimated GF Value™ of €21.16. GuruFocus considers Titan to be Significantly Overvalued.

Key valuation signals for CHIX:TITCB:

  • Cyclically Adjusted PB Ratio: 3.75 (66% above median its 10-year median of 2.26)
  • GF Value™: €21.16 vs. price of €49.41 (133.5% above fair value)
  • GF Score™: 80/100 with 1 warning sign
  • Industry Position: 247.2% above the Building Materials median (#239 of 325)

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


Titan Business Description

Address 14 Place Sainte Gudule, Signature City Centre, office 117, Brussels, BEL, 1000
Titan SA is an international business operating in the building and infrastructure materials industry, committed to providing the materials, solutions, and services needed for safe and sustainable homes, buildings, and infrastructure. The company offers construction materials, solutions, and services that enable people to enjoy life while supporting the development of sustainable living environments.
80GF Score

Get the complete analysis for CHIX:TITCB

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

€49.41
Price
€21.16
GF Value