MEKO AB (FRA:1OM) Cyclically Adjusted PB Ratio: 0.80 (As of Aug. 07, 2026) — 47% Below 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:1OM MEKO AB FRA:1OM
76 GF Score
Price €6.82
GF Value €10.19
! 7 Warning Signs
View Full Analysis

What is MEKO AB Cyclically Adjusted PB Ratio?

MEKO AB FRA:1OM -0.66% 76 Cyclically Adjusted PB Ratio is 0.80 as of Aug. 07, 2026, which is 47% below its 10-year median of 1.52. GuruFocus rates FRA:1OM with a GF Score™ of 76/100 and a GF Value™ of €10.19. The stock has 7 warning signs investors should review. Among 1,010 Vehicles & Parts companies, MEKO AB ranks better than 66.53% on this metric.

As of today (2026-08-07), MEKO AB's current share price is €6.815. MEKO AB's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €8.50. 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:

FRA:1OM' 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.

FRA:1OM's Cyclically Adjusted PB Ratio is ranked better than
66.53% of 1010 companies
in the Vehicles & Parts industry
Industry Median: 1.26 vs FRA:1OM: 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 Jun. 2026 was €9.894. 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 €8.50 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


MEKO AB  (FRA:1OM) 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
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.16 0.86 0.77 0.71 0.79

FRA:1OM 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.


FRA:1OM
76GF Score
MEKO AB FRA:1OM
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
=6.815/8.50
=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 Jun. 2026 is calculated as:

For example, MEKO AB's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=9.894/134.6100*134.6100
=9.894

Current CPI (Jun. 2026) = 134.6100.

MEKO AB Quarterly Data

Book Value per Share CPI Adj_Book
201609 5.494 101.138 7.312
201612 5.531 102.022 7.298
201703 5.805 102.022 7.659
201706 5.267 102.752 6.900
201709 5.620 103.279 7.325
201712 5.531 103.793 7.173
201803 5.651 103.962 7.317
201806 5.379 104.875 6.904
201809 3.946 105.679 5.026
201812 6.612 105.912 8.404
201903 6.775 105.886 8.613
201906 7.016 106.742 8.848
201909 7.177 107.214 9.011
201912 7.290 107.766 9.106
202003 7.089 106.563 8.955
202006 7.361 107.498 9.218
202009 7.582 107.635 9.482
202012 7.900 108.296 9.820
202103 8.228 108.360 10.221
202106 8.515 108.928 10.523
202109 8.754 110.338 10.680
202112 8.942 112.486 10.701
202203 9.035 114.825 10.592
202206 8.954 118.384 10.181
202209 9.230 122.296 10.159
202212 9.366 126.365 9.977
202303 9.373 127.042 9.931
202306 9.557 129.407 9.941
202309 9.463 130.224 9.782
202312 9.584 131.912 9.780
202403 9.901 132.205 10.081
202406 9.975 132.716 10.117
202409 10.149 132.304 10.326
202412 9.957 132.987 10.079
202503 9.994 132.825 10.128
202506 9.771 133.699 9.838
202509 9.640 133.480 9.722
202512 9.562 133.390 9.649
202603 10.160 133.560 10.240
202606 9.894 134.610 9.894

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 (FRA:1OM) has a Cyclically Adjusted PB Ratio of 0.80 as of Aug. 07, 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 #338 out of 1010 companies in the Vehicles & Parts industry, placing it in the top 33.5%.
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 1.26. MEKO AB's value of 0.80 is 36.5% below this industry median. Based on the distribution chart, MEKO AB ranks #338 out of 1010 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, MEKO AB has a GF Score™ of 76/100, 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 #338 out of 1010 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 1.26. MEKO AB's value of 0.80 is 36.5% 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 1.26, 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 1.26, based on 1,010 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 36.5% 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 1.26 — 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?
MEKO AB (FRA:1OM) has a current Cyclically Adjusted PB Ratio of 0.80. The stock's GF Value™ is €10.19, compared to a current price of €6.82 — trading 33.1% 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 36.5% below the Vehicles & Parts industry median of 1.26. MEKO AB's overall GF Score™ is 76/100 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 (FRA:1OM), the current Cyclically Adjusted PB Ratio is 0.80 as of Aug. 07, 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 (FRA:1OM) Overvalued in 2026?

Based on GuruFocus' analysis, MEKO AB stock appears to be undervalued. The current stock price of €6.82 is trading 33.1% below its estimated GF Value™ of €10.19.

Key valuation signals for FRA:1OM:

  • Cyclically Adjusted PB Ratio: 0.80 (47% below median its 10-year median of 1.52)
  • GF Value™: €10.19 vs. price of €6.82 (33.1% below fair value)
  • GF Score™: 76/100 with 7 warning signs
  • Industry Position: 36.5% below the Vehicles & Parts median (#338 of 1010)

No single metric tells the full story. See the FRA:1OM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MEKO AB Business Description

Other Exchanges MEKO:SwedenMEKOs:UK0HDJ: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.
76GF Score

Get the complete analysis for FRA:1OM

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

€6.82
Price
€10.19
GF Value