Metal Powder Works (FRA:3OV) Cyclically Adjusted PB Ratio: (As of Aug. 22, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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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.
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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:3OV Metal Powder Works Ltd FRA:3OV
46 GF Score
Price €0.96
GF Value €0.07
! 5 Warning Signs
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What is Metal Powder Works Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Metal Powder Works  (FRA:3OV) 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.


Metal Powder Works Cyclically Adjusted PB Ratio Related Terms


Metal Powder Works Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Metal Powder Works'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.

Metal Powder Works Cyclically Adjusted PB Ratio Chart

Metal Powder Works Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.14 0.12 0.23 0.48

Metal Powder Works Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Jun25 Dec25
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 0.12 0.00 0.23 0.48 0.00

Metal Powder Works Cyclically Adjusted PB Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Metal Powder Works'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.


Metal Powder Works Cyclically Adjusted PB Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Metal Powder Works's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:3OV
46GF Score
Metal Powder Works Ltd FRA:3OV
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Metal Powder Works 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.

Metal Powder Works's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun25 is calculated as:

For example, Metal Powder Works's adjusted Book Value per Share data for the fiscal year that ended in Jun25 was:

Adj_Book=Book Value per Share/CPI of Jun25 (Change)*Current CPI (Jun25)
=0.033/322.5610*322.5610
=0.033

Current CPI (Jun25) = 322.5610.

Metal Powder Works Annual Data

Book Value per Share CPI Adj_Book
201606 14.711 241.018 19.688
201706 1.650 244.955 2.173
201806 0.659 251.989 0.844
201906 -0.297 256.143 -0.374
202006 0.528 257.797 0.661
202106 0.721 271.696 0.856
202206 0.555 296.311 0.604
202306 -0.136 305.109 -0.144
202406 -0.111 314.175 -0.114
202506 0.033 322.561 0.033

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.

Is Metal Powder Works (FRA:3OV) Overvalued in 2026?

Based on GuruFocus' analysis, Metal Powder Works stock appears to be overvalued. The current stock price of €0.96 is trading 1271.4% above its estimated GF Value™ of €0.07.

Key valuation signals for FRA:3OV:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €0.07 vs. price of €0.96 (1271.4% above fair value)
  • GF Score™: 46/100 with 5 warning signs

No single metric tells the full story. See the FRA:3OV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Metal Powder Works Business Description

Other Exchanges MPW:Australia
Address No: 1300 Clinton Road, Suite 200, Clinton, PA, USA, 15026
Metal Powder Works Ltd is focused on producing high-quality metal powders for additive manufacturing. The company is engaged in two segments -Welding Technology in which there is development and commercialisation of proprietary high-speed precision welding solutions that improve the economics of fabrication and second is Metal Powders which includes Manufacture and supply of high-quality metal powders and related technologies for advanced manufacturing, additive manufacturing (3D printing), and other industrial applications.
46GF Score

Get the complete analysis for FRA:3OV

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

€0.96
Price
€0.07
GF Value