Monbat AD (FRA:5MB) Cyclically Adjusted PB Ratio: (As of Sep. 03, 2026)

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:5MB Monbat AD FRA:5MB
56 GF Score
Price €0.96
GF Value €2.84
! 4 Warning Signs
View Full Analysis

What is Monbat AD Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Monbat AD  (FRA:5MB) 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.


Monbat AD Cyclically Adjusted PB Ratio Related Terms


Monbat AD Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Monbat AD'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.

Monbat AD Cyclically Adjusted PB Ratio Chart

Monbat AD 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 2.02 1.49 1.20 0.81 0.58

Monbat AD 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 0.68 0.61 0.58 0.31 0.00

FRA:5MB vs VRT, BE, HUBB: Cyclically Adjusted PB Ratio Comparison

For the Electrical Equipment & Parts subindustry, Monbat AD'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.


Monbat AD Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

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


FRA:5MB
56GF Score
Monbat AD FRA:5MB
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Monbat AD 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.

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

For example, Monbat AD'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)
=2.583/333.9520*333.9520
=2.583

Current CPI (Jun. 2026) = 333.9520.

Monbat AD Quarterly Data

Book Value per Share CPI Adj_Book
201609 2.503 241.428 3.462
201612 2.616 241.432 3.618
201703 2.703 243.801 3.702
201706 2.651 244.955 3.614
201709 2.757 246.819 3.730
201712 2.799 246.524 3.792
201803 2.990 249.554 4.001
201806 3.141 251.989 4.163
201809 3.165 252.439 4.187
201812 2.969 251.233 3.947
201903 3.099 254.202 4.071
201906 3.051 256.143 3.978
201909 2.820 256.759 3.668
201912 2.758 256.974 3.584
202003 2.818 258.115 3.646
202006 2.842 257.797 3.682
202009 2.883 260.280 3.699
202012 2.769 260.474 3.550
202103 2.853 264.877 3.597
202106 2.819 271.696 3.465
202109 2.884 274.310 3.511
202112 2.723 278.802 3.262
202203 2.798 287.504 3.250
202206 2.713 296.311 3.058
202209 2.760 296.808 3.105
202212 2.677 296.797 3.012
202303 2.789 301.836 3.086
202306 2.707 305.109 2.963
202309 2.737 307.789 2.970
202312 2.690 306.746 2.929
202403 2.732 312.332 2.921
202406 2.728 314.175 2.900
202409 2.734 315.301 2.896
202412 2.702 315.605 2.859
202503 2.740 319.799 2.861
202506 2.652 322.561 2.746
202509 2.629 324.800 2.703
202512 2.714 324.054 2.797
202603 2.695 330.213 2.726
202606 2.583 333.952 2.583

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 Monbat AD (FRA:5MB) Overvalued in 2026?

Based on GuruFocus' analysis, Monbat AD stock appears to be undervalued. The current stock price of €0.96 is trading 66.2% below its estimated GF Value™ of €2.84.

Key valuation signals for FRA:5MB:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €2.84 vs. price of €0.96 (66.2% below fair value)
  • GF Score™: 56/100 with 4 warning signs

No single metric tells the full story. See the FRA:5MB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Monbat AD Business Description

Other Exchanges MONB:Bulgaria
Address 32 A Cherni vrah boulevard, Floor 4, Sofia, BGR, 1407
Monbat AD is a Bulgaria-based company engaged in the production and maintenance of and sale of batteries; engineering and development activity; production and trade of equipment used in battery manufacturing; domestic and foreign trade and establishment of commercial networks; specialized stores and representative offices; recycling of lead and lead containing alloys. The company's product range includes starter batteries, stationary batteries, deep cycle batteries, and leisure batteries, special batteries for military applications and locomotive batteries. Additionally, it is also involved in the production of light emitting diode (LED) lighting. The company operates geographically across Bulgaria, Serbia, Romania, Nigeria, and others.
56GF Score

Get the complete analysis for FRA:5MB

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

€0.96
Price
€2.84
GF Value