ITT (FRA:2II) Cyclically Adjusted PB Ratio: 6.38 (As of Jul. 09, 2026) — 76% Above Median


FRA:2II ITT Inc FRA:2II
92 GF Score
Price €159.70
GF Value €159.57
Valuation Fairly Valued
! 4 Warning Signs
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What is ITT Cyclically Adjusted PB Ratio?

ITT FRA:2II -3.04% 92 Cyclically Adjusted PB Ratio is 6.38 as of Jul. 09, 2026, which is 76% above its 10-year median of 3.63. GuruFocus rates FRA:2II with a GF Score™ of 92/100 and a GF Value™ of €159.57 (Fairly Valued). The stock has 4 warning signs investors should review. Among 2,295 Industrial Products companies, ITT ranks worse than 79.56% on this metric.

As of today (2026-07-09), ITT's current share price is €159.70. ITT's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €25.02. ITT's Cyclically Adjusted PB Ratio for today is 6.38.

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

FRA:2II' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.07   Med: 3.63   Max: 7.26
Current: 6.14

During the past years, ITT's highest Cyclically Adjusted PB Ratio was 7.26. The lowest was 1.07. And the median was 3.63.

FRA:2II's Cyclically Adjusted PB Ratio is ranked worse than
79.56% of 2295 companies
in the Industrial Products industry
Industry Median: 2.29 vs FRA:2II: 6.14

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.

ITT's adjusted book value per share data for the three months ended in Mar. 2026 was €45.842. 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 €25.02 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


ITT  (FRA:2II) 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.


ITT Cyclically Adjusted PB Ratio Related Terms


ITT Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for ITT'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.

ITT Cyclically Adjusted PB Ratio Chart

ITT 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 5.36 3.71 4.93 5.42 6.01

ITT 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 4.76 5.66 6.33 6.01 6.31

FRA:2II vs IEX, NDSN, GNRC: Cyclically Adjusted PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, ITT'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.


ITT Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, ITT's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:2II
92GF Score
ITT Inc FRA:2II
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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ITT 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=159.70/25.02
=6.38

* 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.

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

For example, ITT'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)
=45.842/330.2130*330.2130
=45.842

Current CPI (Mar. 2026) = 330.2130.

ITT Quarterly Data

Book Value per Share CPI Adj_Book
201606 14.057 241.018 19.259
201609 14.692 241.428 20.095
201612 15.297 241.432 20.922
201703 15.711 243.801 21.280
201706 15.620 244.955 21.057
201709 15.747 246.819 21.068
201712 15.291 246.524 20.482
201803 15.390 249.554 20.364
201806 16.419 251.989 21.516
201809 17.469 252.439 22.851
201812 18.286 251.233 24.035
201903 18.835 254.202 24.467
201906 19.484 256.143 25.118
201909 20.706 256.759 26.630
201912 21.269 256.974 27.331
202003 21.103 258.115 26.998
202006 21.112 257.797 27.042
202009 19.858 260.280 25.194
202012 20.207 260.474 25.617
202103 20.558 264.877 25.629
202106 20.623 271.696 25.065
202109 21.280 274.310 25.617
202112 23.039 278.802 27.287
202203 22.645 287.504 26.009
202206 22.973 296.311 25.601
202209 25.122 296.808 27.949
202212 25.661 296.797 28.550
202303 26.061 301.836 28.511
202306 26.385 305.109 28.556
202309 27.495 307.789 29.498
202312 28.238 306.746 30.398
202403 28.796 312.332 30.445
202406 29.298 314.175 30.794
202409 30.393 315.301 31.830
202412 32.561 315.605 34.068
202503 31.751 319.799 32.785
202506 28.416 322.561 29.090
202509 29.113 324.800 29.598
202512 40.606 324.054 41.378
202603 45.842 330.213 45.842

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 6.38 mean?
ITT (FRA:2II) has a Cyclically Adjusted PB Ratio of 6.38 as of Jul. 09, 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 ITT and its competitors. This is 76% above median its historical median of 3.63. Over the past decade, ITT's Cyclically Adjusted PB Ratio has ranged from 1.07 to 7.26. According to the industry distribution chart, ITT ranks #1826 out of 2295 companies in the Industrial Products industry, placing it in the top 79.6%.
Is ITT's Cyclically Adjusted PB Ratio too high?
ITT's current Cyclically Adjusted PB Ratio of 6.38 is 76% above median its 10-year median of 3.63. Over the past 10 years, this metric has ranged from a low of 1.07 to a high of 7.26. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.29. ITT's value of 6.38 is 178.6% above this industry median. Based on the distribution chart, ITT ranks #1826 out of 2295 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, ITT has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does ITT's Cyclically Adjusted PB Ratio compare to IEX and NDSN?
According to the Industrial Products industry distribution chart, ITT ranks #1826 out of 2295 companies for Cyclically Adjusted PB Ratio. This places ITT in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.29. ITT's value of 6.38 is 178.6% above this benchmark. Historically, ITT's own Cyclically Adjusted PB Ratio has ranged from 1.07 to 7.26 over the past decade. While the company's 10-year median is 3.63 vs. the industry median of 2.29, ITT 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 an Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.29, based on 2,295 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. ITT's current Cyclically Adjusted PB Ratio of 6.38 is 178.6% 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 ITT and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ITT's current Cyclically Adjusted PB Ratio is 6.38, which is 76% above median its own 10-year median of 3.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ITT stock overvalued right now?
Based on GuruFocus' analysis, ITT (FRA:2II) is currently considered Fairly Valued. The stock's GF Value™ is €159.57, compared to a current price of €159.70 — trading 0.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 6.38, which is 76% above median its 10-year median of 3.63 and 178.6% above the Industrial Products industry median of 2.29. ITT's overall GF Score™ is 92/100 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 ITT (FRA:2II), the current Cyclically Adjusted PB Ratio is 6.38 as of Jul. 09, 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 ITT (FRA:2II) Overvalued in 2026?

Based on GuruFocus' analysis, ITT stock appears to be overvalued. The current stock price of €159.70 is trading 0.1% above its estimated GF Value™ of €159.57. GuruFocus considers ITT to be Fairly Valued.

Key valuation signals for FRA:2II:

  • Cyclically Adjusted PB Ratio: 6.38 (76% above median its 10-year median of 3.63)
  • GF Value™: €159.57 vs. price of €159.70 (0.1% above fair value)
  • GF Score™: 92/100 with 4 warning signs
  • Industry Position: 178.6% above the Industrial Products median (#1826 of 2295)

No single metric tells the full story. See the FRA:2II stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ITT Business Description

Other Exchanges ITT:USA2II:Germany
Address 100 Washington Boulevard, 6th Floor, Stamford, CT, USA, 06902
ITT began its journey as International Telephone & Telegraph in 1920. Through decades of acquisitions in the mid-1900s, ITT went from manufacturing telephone switching equipment to operating hotels, car rentals, insurance agencies, and bread bakeries. In 1995, the firm split into three separate entities, one of which is the ITT in current operation. After a few more spinoffs in 2011, today ITT Inc. sells automotive, industrial, and aerospace products such as brake pads, seals, pumps, valves, connectors, and regulators. It has operations around the globe with notable exposures to North America, Europe, and Asia.
92GF Score

Get the complete analysis for FRA:2II

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

€159.70
Price
€159.57
GF Value