Midea Group Co (FRA:1520) Cyclically Adjusted PB Ratio: 5.05 (As of Aug. 12, 2026) — Near 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.

FRA:1520 Midea Group Co Ltd FRA:1520
74 GF Score
Price €10.72
GF Value €9.63
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Midea Group Co Cyclically Adjusted PB Ratio?

Midea Group Co FRA:1520 -1.69% 74 Cyclically Adjusted PB Ratio is 5.05 as of Aug. 12, 2026, which is 1% below its 10-year median of 5.09. GuruFocus rates FRA:1520 with a GF Score™ of 74/100 and a GF Value™ of €9.63 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 329 Furnishings, Fixtures & Appliances companies, Midea Group Co ranks worse than 89.36% on this metric.

As of today (2026-08-12), Midea Group Co's current share price is €10.716. Midea Group Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €2.12. Midea Group Co's Cyclically Adjusted PB Ratio for today is 5.05.

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

FRA:1520' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.4   Med: 5.09   Max: 10.73
Current: 4.51

During the past years, Midea Group Co's highest Cyclically Adjusted PB Ratio was 10.73. The lowest was 3.40. And the median was 5.09.

FRA:1520's Cyclically Adjusted PB Ratio is ranked worse than
89.36% of 329 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.2 vs FRA:1520: 4.51

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.

Midea Group Co's adjusted book value per share data for the three months ended in Mar. 2026 was €3.835. 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 €2.12 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Midea Group Co  (FRA:1520) 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.


Midea Group Co Cyclically Adjusted PB Ratio Related Terms


Midea Group Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Midea Group Co'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.

Midea Group Co Cyclically Adjusted PB Ratio Chart

Midea Group Co 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 6.82 4.19 3.91 4.74 4.32

Midea Group Co 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 4.77 4.26 4.15 4.32 4.09

FRA:1520 vs SN, SGI, MHK: Cyclically Adjusted PB Ratio Comparison

For the Furnishings, Fixtures & Appliances subindustry, Midea Group Co'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.


Midea Group Co Cyclically Adjusted PB Ratio vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Midea Group Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:1520
74GF Score
Midea Group Co Ltd FRA:1520
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Midea Group Co 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.

Midea Group Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=10.716/2.12
=5.05

* 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.

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

For example, Midea Group Co'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)
=3.835/116.3033*116.3033
=3.835

Current CPI (Mar. 2026) = 116.3033.

Midea Group Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.163 101.400 1.334
201609 1.209 102.400 1.373
201612 1.297 102.600 1.470
201703 1.375 103.200 1.550
201706 1.330 103.100 1.500
201709 1.389 104.100 1.552
201712 1.440 104.500 1.603
201803 1.545 105.300 1.706
201806 1.584 104.900 1.756
201809 1.559 106.600 1.701
201812 1.592 106.500 1.739
201903 1.792 107.700 1.935
201906 1.711 107.700 1.848
201909 1.800 109.800 1.907
201912 1.871 111.200 1.957
202003 1.955 112.300 2.025
202006 1.878 110.400 1.978
202009 2.003 111.700 2.086
202012 2.101 111.500 2.192
202103 2.152 112.662 2.222
202106 2.076 111.769 2.160
202109 2.235 112.215 2.316
202112 2.483 113.108 2.553
202203 2.705 114.335 2.752
202206 2.618 114.558 2.658
202209 2.862 115.339 2.886
202212 2.766 115.116 2.795
202303 2.940 115.116 2.970
202306 2.686 114.558 2.727
202309 2.853 115.339 2.877
202312 2.977 114.781 3.016
202403 3.162 115.227 3.192
202406 3.023 114.781 3.063
202409 3.477 115.785 3.493
202412 3.714 114.893 3.760
202503 3.828 115.116 3.867
202506 3.404 114.907 3.445
202509 3.434 115.471 3.459
202512 3.563 115.832 3.577
202603 3.835 116.303 3.835

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 5.05 mean?
Midea Group Co (FRA:1520) has a Cyclically Adjusted PB Ratio of 5.05 as of Aug. 12, 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 Midea Group Co and its competitors. This is near median its historical median of 5.09. Over the past decade, Midea Group Co's Cyclically Adjusted PB Ratio has ranged from 3.40 to 10.73. According to the industry distribution chart, Midea Group Co ranks #294 out of 329 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 89.4%.
Is Midea Group Co's Cyclically Adjusted PB Ratio too high?
Midea Group Co's current Cyclically Adjusted PB Ratio of 5.05 is near median its 10-year median of 5.09. Over the past 10 years, this metric has ranged from a low of 3.40 to a high of 10.73. The Furnishings, Fixtures & Appliances industry median Cyclically Adjusted PB Ratio is 1.20. Midea Group Co's value of 5.05 is 320.8% above this industry median. Based on the distribution chart, Midea Group Co ranks #294 out of 329 companies in the Furnishings, Fixtures & Appliances industry, which is in the bottom quartile relative to peers. Overall, Midea Group Co has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Midea Group Co's Cyclically Adjusted PB Ratio compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Midea Group Co ranks #294 out of 329 companies for Cyclically Adjusted PB Ratio. This places Midea Group Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.20. Midea Group Co's value of 5.05 is 320.8% above this benchmark. Historically, Midea Group Co's own Cyclically Adjusted PB Ratio has ranged from 3.40 to 10.73 over the past decade. While the company's 10-year median is 5.09 vs. the industry median of 1.20, Midea Group Co 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 Furnishings, Fixtures & Appliances company?
The median Cyclically Adjusted PB Ratio among Furnishings, Fixtures & Appliances companies is 1.20, based on 329 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. Midea Group Co's current Cyclically Adjusted PB Ratio of 5.05 is 320.8% 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 Midea Group Co and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Cyclically Adjusted PB Ratio is 1.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Midea Group Co's current Cyclically Adjusted PB Ratio is 5.05, which is near median its own 10-year median of 5.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Midea Group Co stock overvalued right now?
Based on GuruFocus' analysis, Midea Group Co (FRA:1520) is currently considered Modestly Overvalued. The stock's GF Value™ is €9.63, compared to a current price of €10.72 — trading 11.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 5.05, which is near median its 10-year median of 5.09 and 320.8% above the Furnishings, Fixtures & Appliances industry median of 1.20. Midea Group Co's overall GF Score™ is 74/100 with 6 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 Midea Group Co (FRA:1520), the current Cyclically Adjusted PB Ratio is 5.05 as of Aug. 12, 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 Midea Group Co (FRA:1520) Overvalued in 2026?

Based on GuruFocus' analysis, Midea Group Co stock appears to be overvalued. The current stock price of €10.72 is trading 11.3% above its estimated GF Value™ of €9.63. GuruFocus considers Midea Group Co to be Modestly Overvalued.

Key valuation signals for FRA:1520:

  • Cyclically Adjusted PB Ratio: 5.05 (near median its 10-year median of 5.09)
  • GF Value™: €9.63 vs. price of €10.72 (11.3% above fair value)
  • GF Score™: 74/100 with 6 warning signs
  • Industry Position: 320.8% above the Furnishings, Fixtures & Appliances median (#294 of 329)

No single metric tells the full story. See the FRA:1520 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Midea Group Co Business Description

Address No. 6 Midea Avenue, Beijiao Town, Midea Headquarters Building, Guangdong Province, Shunde District, Foshan, CHN, 528311
Midea Group Co., Ltd. is one of the largest household appliance manufacturers in China, with key products such as air conditioners, refrigerators, washing machines and small household appliances. It is consistently ranked as one of the top three players in China by retail sales in most home appliance categories. The firm also engages in industrial automation and robotics systems through wholly owned Kuka, a global market leader based in Germany. Heating, ventilation, and air conditioning, or HVAC, products contribute the most to Midea's revenue, followed by other consumer appliances, and robotics and automation systems. In addition, Midea generates around 40% of sales outside of China.
74GF Score

Get the complete analysis for FRA:1520

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

€10.72
Price
€9.63
GF Value