DGWPF (Draegerwerk AG KGaA) Cyclically Adjusted PB Ratio: 1.09 (As of Aug. 03, 2026) — 38% Above Median

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DGWPF Draegerwerk AG & Co KGaA DGWPF
71 GF Score
Price $93.00
GF Value $51.41
! 4 Warning Signs
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What is Draegerwerk AG KGaA Cyclically Adjusted PB Ratio?

Draegerwerk AG KGaA DGWPF 71 Cyclically Adjusted PB Ratio is 1.09 as of Aug. 03, 2026, which is 38% above its 10-year median of 0.79. GuruFocus rates DGWPF with a GF Score™ of 71/100 and a GF Value™ of $51.41. The stock has 4 warning signs investors should review. Among 521 Medical Devices & Instruments companies, Draegerwerk AG KGaA ranks better than 67.56% on this metric.

As of today (2026-08-03), Draegerwerk AG KGaA's current share price is $93.00. Draegerwerk AG KGaA's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $85.22. Draegerwerk AG KGaA's Cyclically Adjusted PB Ratio for today is 1.09.

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

DGWPF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.55   Med: 0.79   Max: 1.44
Current: 1.04

During the past years, Draegerwerk AG KGaA's highest Cyclically Adjusted PB Ratio was 1.44. The lowest was 0.55. And the median was 0.79.

DGWPF's Cyclically Adjusted PB Ratio is ranked better than
67.56% of 521 companies
in the Medical Devices & Instruments industry
Industry Median: 1.78 vs DGWPF: 1.04

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.

Draegerwerk AG KGaA's adjusted book value per share data for the three months ended in Mar. 2026 was $101.936. 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 $85.22 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Draegerwerk AG KGaA  (OTCPK:DGWPF) 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.


Draegerwerk AG KGaA Cyclically Adjusted PB Ratio Related Terms


Draegerwerk AG KGaA Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Draegerwerk AG KGaA'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.

Draegerwerk AG KGaA Cyclically Adjusted PB Ratio Chart

Draegerwerk AG KGaA 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 0.95 0.57 0.66 0.58 0.76

Draegerwerk AG KGaA 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 0.73 0.79 0.70 0.76 0.90

DGWPF vs ABT, SYK, MDT: Cyclically Adjusted PB Ratio Comparison

For the Medical Devices subindustry, Draegerwerk AG KGaA'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.


Draegerwerk AG KGaA Cyclically Adjusted PB Ratio vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Draegerwerk AG KGaA's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


DGWPF
71GF Score
Draegerwerk AG & Co KGaA DGWPF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Draegerwerk AG KGaA 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.

Draegerwerk AG KGaA's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=93.00/85.22
=1.09

* 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.

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

For example, Draegerwerk AG KGaA'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)
=101.936/131.2583*131.2583
=101.936

Current CPI (Mar. 2026) = 131.2583.

Draegerwerk AG KGaA Quarterly Data

Book Value per Share CPI Adj_Book
201606 56.507 100.717 73.642
201609 56.370 101.017 73.246
201612 59.483 101.217 77.138
201703 60.897 101.417 78.816
201706 63.154 102.117 81.176
201709 67.612 102.717 86.399
201712 71.105 102.617 90.951
201803 72.241 102.917 92.135
201806 67.263 104.017 84.878
201809 67.616 104.718 84.753
201812 69.133 104.217 87.071
201903 67.493 104.217 85.005
201906 65.726 105.718 81.605
201909 62.594 106.018 77.496
201912 67.242 105.818 83.408
202003 50.711 105.718 62.962
202006 52.182 106.618 64.242
202009 58.842 105.818 72.989
202012 66.981 105.518 83.321
202103 73.329 107.518 89.520
202106 77.682 108.486 93.988
202109 78.648 109.435 94.332
202112 75.886 110.384 90.237
202203 74.814 113.968 86.164
202206 74.706 115.760 84.708
202209 69.655 118.818 76.948
202212 74.426 119.345 81.855
202303 75.904 122.402 81.396
202306 77.360 123.140 82.460
202309 78.471 124.195 82.934
202312 81.776 123.773 86.722
202403 82.984 125.038 87.112
202406 82.645 125.882 86.175
202409 84.854 126.198 88.257
202412 85.687 127.041 88.531
202503 88.123 127.779 90.522
202506 90.062 128.412 92.058
202509 94.335 129.255 95.797
202512 101.512 129.361 103.001
202603 101.936 131.258 101.936

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 1.09 mean?
Draegerwerk AG KGaA (DGWPF) has a Cyclically Adjusted PB Ratio of 1.09 as of Aug. 03, 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 Draegerwerk AG KGaA and its competitors. This is 38% above median its historical median of 0.79. Over the past decade, Draegerwerk AG KGaA's Cyclically Adjusted PB Ratio has ranged from 0.55 to 1.44. According to the industry distribution chart, Draegerwerk AG KGaA ranks #169 out of 521 companies in the Medical Devices & Instruments industry, placing it in the top 32.4%.
Is Draegerwerk AG KGaA's Cyclically Adjusted PB Ratio too high?
Draegerwerk AG KGaA's current Cyclically Adjusted PB Ratio of 1.09 is 38% above median its 10-year median of 0.79. Over the past 10 years, this metric has ranged from a low of 0.55 to a high of 1.44. The Medical Devices & Instruments industry median Cyclically Adjusted PB Ratio is 1.78. Draegerwerk AG KGaA's value of 1.09 is 38.8% below this industry median. Based on the distribution chart, Draegerwerk AG KGaA ranks #169 out of 521 companies in the Medical Devices & Instruments industry, which is above the industry midpoint. Overall, Draegerwerk AG KGaA has a GF Score™ of 71/100, reflecting its overall financial health beyond just this single metric.
How does Draegerwerk AG KGaA's Cyclically Adjusted PB Ratio compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Draegerwerk AG KGaA ranks #169 out of 521 companies for Cyclically Adjusted PB Ratio. This puts Draegerwerk AG KGaA in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.78. Draegerwerk AG KGaA's value of 1.09 is 38.8% below this benchmark. Historically, Draegerwerk AG KGaA's own Cyclically Adjusted PB Ratio has ranged from 0.55 to 1.44 over the past decade. While the company's 10-year median is 0.79 vs. the industry median of 1.78, Draegerwerk AG KGaA 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 Medical Devices & Instruments company?
The median Cyclically Adjusted PB Ratio among Medical Devices & Instruments companies is 1.78, based on 521 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. Draegerwerk AG KGaA's current Cyclically Adjusted PB Ratio of 1.09 is 38.8% 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 Draegerwerk AG KGaA and its competitors. For the Medical Devices & Instruments industry, the median Cyclically Adjusted PB Ratio is 1.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Draegerwerk AG KGaA's current Cyclically Adjusted PB Ratio is 1.09, which is 38% above median its own 10-year median of 0.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Draegerwerk AG KGaA stock overvalued right now?
Draegerwerk AG KGaA (DGWPF) has a current Cyclically Adjusted PB Ratio of 1.09. The stock's GF Value™ is $51.41, compared to a current price of $93.00 — trading 80.9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.09, which is 38% above median its 10-year median of 0.79 and 38.8% below the Medical Devices & Instruments industry median of 1.78. Draegerwerk AG KGaA's overall GF Score™ is 71/100 with 4 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 Draegerwerk AG KGaA (DGWPF), the current Cyclically Adjusted PB Ratio is 1.09 as of Aug. 03, 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 Draegerwerk AG KGaA (DGWPF) Overvalued in 2026?

Based on GuruFocus' analysis, Draegerwerk AG KGaA stock appears to be overvalued. The current stock price of $93.00 is trading 80.9% above its estimated GF Value™ of $51.41.

Key valuation signals for DGWPF:

  • Cyclically Adjusted PB Ratio: 1.09 (38% above median its 10-year median of 0.79)
  • GF Value™: $51.41 vs. price of $93.00 (80.9% above fair value)
  • GF Score™: 71/100 with 4 warning signs
  • Industry Position: 38.8% below the Medical Devices & Instruments median (#169 of 521)

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


Draegerwerk AG KGaA Business Description

Address Moislinger Allee 53 - 55, Lubeck, DEU, 23542
Draegerwerk AG & Co KGaA develops medical and safety equipment for clinical and industrial applications. The firm operates in two segments: medical and safety. The medical division contributes the majority of revenue, it develops and produces system solutions, equipment, and services for the acute point of care, it has five business units Therapy, Hospital Consumables & Accessories, Workplace Infrastructure, Monitoring, and Data Business. Its safety division develops and produces devices, system solutions, and services for personal protection, gas detection, and integrated hazard management. Its geographical segments are Europe; Germany; the Americas; Africa, Asia, and Australia.
71GF Score

Get the complete analysis for DGWPF

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

$93.00
Price
$51.41
GF Value