Mantex AB (FRA:2NA0) Cyclically Adjusted PB Ratio: 0.05 (As of Aug. 09, 2026) — 17% Below Median

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FRA:2NA0 Mantex AB FRA:2NA0
51 GF Score
Price €0.59
GF Value €0.62
! 2 Warning Signs
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What is Mantex AB Cyclically Adjusted PB Ratio?

Mantex AB FRA:2NA0 -0.67% 51 Cyclically Adjusted PB Ratio is 0.05 as of Aug. 09, 2026, which is 17% below its 10-year median of 0.06. GuruFocus rates FRA:2NA0 with a GF Score™ of 51/100 and a GF Value™ of €0.62. The stock has 2 warning signs investors should review. Among 2,242 Industrial Products companies, Mantex AB ranks better than 99.33% on this metric.

As of today (2026-08-09), Mantex AB's current share price is €0.592. Mantex AB's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €10.96. Mantex AB's Cyclically Adjusted PB Ratio for today is 0.05.

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

FRA:2NA0' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.04   Med: 0.06   Max: 0.08
Current: 0.05

During the past years, Mantex AB's highest Cyclically Adjusted PB Ratio was 0.08. The lowest was 0.04. And the median was 0.06.

FRA:2NA0's Cyclically Adjusted PB Ratio is ranked better than
99.33% of 2242 companies
in the Industrial Products industry
Industry Median: 2.195 vs FRA:2NA0: 0.05

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.

Mantex AB's adjusted book value per share data for the three months ended in Jun. 2026 was €-0.084. 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 €10.96 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mantex AB  (FRA:2NA0) 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.


Mantex AB Cyclically Adjusted PB Ratio Related Terms


Mantex AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Mantex 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.

Mantex AB Cyclically Adjusted PB Ratio Chart

Mantex 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 0.00 0.00 0.00 0.00 0.05

Mantex 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 0.00 0.00 0.05 0.07 0.06

FRA:2NA0 vs GEV, ETN, PH: Cyclically Adjusted PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, Mantex 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.


Mantex AB Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

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


FRA:2NA0
51GF Score
Mantex AB FRA:2NA0
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mantex 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.

Mantex AB's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.592/10.96
=0.05

* 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.

Mantex AB's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Mantex 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)
=-0.084/134.6100*134.6100
=-0.084

Current CPI (Jun. 2026) = 134.6100.

Mantex AB Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.000 101.138 0.000
201612 31.000 102.022 40.902
201703 0.000 102.022 0.000
201706 89.878 102.752 117.744
201709 73.878 103.279 96.290
201712 47.512 103.793 61.619
201803 26.024 103.962 33.696
201806 13.659 104.875 17.532
201809 18.659 105.679 23.767
201812 18.289 105.912 23.245
201903 15.880 105.886 20.188
201906 6.699 106.742 8.448
201909 3.663 107.214 4.599
201912 6.458 107.766 8.067
202003 2.434 106.563 3.075
202006 -1.843 107.498 -2.308
202009 1.582 107.635 1.978
202012 2.988 108.296 3.714
202103 1.021 108.360 1.268
202106 7.311 108.928 9.035
202109 6.059 110.338 7.392
202112 6.086 112.486 7.283
202203 3.116 114.825 3.653
202206 4.393 118.384 4.995
202209 3.939 122.296 4.336
202212 4.632 126.365 4.934
202303 3.282 127.042 3.478
202306 2.282 129.407 2.374
202309 1.902 130.224 1.966
202312 3.581 131.912 3.654
202403 2.980 132.205 3.034
202406 2.099 132.716 2.129
202409 1.322 132.304 1.345
202412 1.306 132.987 1.322
202503 1.382 132.825 1.401
202506 1.112 133.699 1.120
202509 0.386 133.480 0.389
202512 0.245 133.390 0.247
202603 0.090 133.560 0.091
202606 -0.084 134.610 -0.084

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 0.05 mean?
Mantex AB (FRA:2NA0) has a Cyclically Adjusted PB Ratio of 0.05 as of Aug. 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 Mantex AB and its competitors. This is 17% below median its historical median of 0.06. Over the past decade, Mantex AB's Cyclically Adjusted PB Ratio has ranged from 0.04 to 0.08. According to the industry distribution chart, Mantex AB ranks #15 out of 2242 companies in the Industrial Products industry, placing it in the top 0.7%.
Is Mantex AB's Cyclically Adjusted PB Ratio too high?
Mantex AB's current Cyclically Adjusted PB Ratio of 0.05 is 17% below median its 10-year median of 0.06. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 0.08. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.20. Mantex AB's value of 0.05 is 97.7% below this industry median. Based on the distribution chart, Mantex AB ranks #15 out of 2242 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Mantex AB has a GF Score™ of 51/100, reflecting its overall financial health beyond just this single metric.
How does Mantex AB's Cyclically Adjusted PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Mantex AB ranks #15 out of 2242 companies for Cyclically Adjusted PB Ratio. This places Mantex AB in the top 1% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 2.20. Mantex AB's value of 0.05 is 97.7% below this benchmark. Historically, Mantex AB's own Cyclically Adjusted PB Ratio has ranged from 0.04 to 0.08 over the past decade. While the company's 10-year median is 0.06 vs. the industry median of 2.20, Mantex 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 an Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.20, based on 2,242 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. Mantex AB's current Cyclically Adjusted PB Ratio of 0.05 is 97.7% 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 Mantex AB and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mantex AB's current Cyclically Adjusted PB Ratio is 0.05, which is 17% below median its own 10-year median of 0.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mantex AB stock overvalued right now?
Mantex AB (FRA:2NA0) has a current Cyclically Adjusted PB Ratio of 0.05. The stock's GF Value™ is €0.62, compared to a current price of €0.59 — trading 4.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.05, which is 17% below median its 10-year median of 0.06 and 97.7% below the Industrial Products industry median of 2.20. Mantex AB's overall GF Score™ is 51/100 with 2 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 Mantex AB (FRA:2NA0), the current Cyclically Adjusted PB Ratio is 0.05 as of Aug. 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 Mantex AB (FRA:2NA0) Overvalued in 2026?

Based on GuruFocus' analysis, Mantex AB stock appears to be undervalued. The current stock price of €0.59 is trading 4.5% below its estimated GF Value™ of €0.62.

Key valuation signals for FRA:2NA0:

  • Cyclically Adjusted PB Ratio: 0.05 (17% below median its 10-year median of 0.06)
  • GF Value™: €0.62 vs. price of €0.59 (4.5% below fair value)
  • GF Score™: 51/100 with 2 warning signs
  • Industry Position: 97.7% below the Industrial Products median (#15 of 2242)

No single metric tells the full story. See the FRA:2NA0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mantex AB Business Description

Other Exchanges MANTEX:Sweden
Address Torshamnsgatan 28 A, Kista, SWE, 164 40
Mantex AB develops and manufactures measurement system scanners which helps analyze biomaterials to the processing industry. Its products inlclude biofuel analyzer, flow scanner, and log scanner. The company also provides solutions for the board industry, pellets production, and various research projects.
51GF Score

Get the complete analysis for FRA:2NA0

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

€0.59
Price
€0.62
GF Value