Meier Tobler Group AG (FRA:B4A1) Cyclically Adjusted PB Ratio: 2.47 (As of Sep. 12, 2026) — Near Median

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FRA:B4A1 Meier Tobler Group AG FRA:B4A1
68 GF Score
Price €35.00
GF Value €35.37
Valuation Fairly Valued
! 4 Warning Signs
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What is Meier Tobler Group AG Cyclically Adjusted PB Ratio?

Meier Tobler Group AG FRA:B4A1 -0.57% 68 Cyclically Adjusted PB Ratio is 2.47 as of Sep. 12, 2026, which is 6% above its 10-year median of 2.33. GuruFocus rates FRA:B4A1 with a GF Score™ of 68/100 and a GF Value™ of €35.37 (Fairly Valued). The stock has 4 warning signs investors should review. Among 2,098 Industrial Products companies, Meier Tobler Group AG ranks worse than 56.91% on this metric.

As of today (2026-09-12), Meier Tobler Group AG's current share price is €35.00. Meier Tobler Group AG's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was €14.18. Meier Tobler Group AG's Cyclically Adjusted PB Ratio for today is 2.47.

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

FRA:B4A1' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.68   Med: 2.33   Max: 4.37
Current: 2.54

During the past 13 years, Meier Tobler Group AG's highest Cyclically Adjusted PB Ratio was 4.37. The lowest was 0.68. And the median was 2.33.

FRA:B4A1's Cyclically Adjusted PB Ratio is ranked worse than
56.91% of 2098 companies
in the Industrial Products industry
Industry Median: 2.14 vs FRA:B4A1: 2.54

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.

Meier Tobler Group AG's adjusted book value per share data of for the fiscal year that ended in Dec25 was €16.028. 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 €14.18 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Meier Tobler Group AG  (FRA:B4A1) 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.


Meier Tobler Group AG Cyclically Adjusted PB Ratio Related Terms


Meier Tobler Group AG Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Meier Tobler Group AG'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.

Meier Tobler Group AG Cyclically Adjusted PB Ratio Chart

Meier Tobler Group AG 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 1.58 3.27 3.25 2.28 2.95

Meier Tobler Group AG Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 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 2.28 0.00 2.95 0.00

FRA:B4A1 vs GEV, ETN, PH: Cyclically Adjusted PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, Meier Tobler Group AG'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.


Meier Tobler Group AG Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

* The bar in red indicates where Meier Tobler Group AG's Cyclically Adjusted PB Ratio falls into.


FRA:B4A1
68GF Score
Meier Tobler Group AG FRA:B4A1
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Meier Tobler Group AG 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.

Meier Tobler Group AG's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=35.00/14.18
=2.47

* 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.

Meier Tobler Group AG's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Meier Tobler Group AG's adjusted Book Value per Share data for the fiscal year that ended in Dec25 was:

Adj_Book=Book Value per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=16.028/107.2000*107.2000
=16.028

Current CPI (Dec25) = 107.2000.

Meier Tobler Group AG Annual Data

Book Value per Share CPI Adj_Book
201612 4.122 99.380 4.446
201712 12.442 100.213 13.309
201812 10.425 100.906 11.075
201912 11.035 101.063 11.705
202012 11.442 100.241 12.236
202112 13.126 101.776 13.826
202212 15.017 104.666 15.381
202312 16.269 106.461 16.382
202412 16.568 107.128 16.579
202512 16.028 107.200 16.028

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 2.47 mean?
Meier Tobler Group AG (FRA:B4A1) has a Cyclically Adjusted PB Ratio of 2.47 as of Sep. 12, 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 Meier Tobler Group AG and its competitors. This is near median its historical median of 2.33. Over the past decade, Meier Tobler Group AG's Cyclically Adjusted PB Ratio has ranged from 0.68 to 4.37. According to the industry distribution chart, Meier Tobler Group AG ranks #1194 out of 2098 companies in the Industrial Products industry, placing it in the top 56.9%.
Is Meier Tobler Group AG's Cyclically Adjusted PB Ratio too high?
Meier Tobler Group AG's current Cyclically Adjusted PB Ratio of 2.47 is near median its 10-year median of 2.33. Over the past 10 years, this metric has ranged from a low of 0.68 to a high of 4.37. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.14. Meier Tobler Group AG's value of 2.47 is 15.4% above this industry median. Based on the distribution chart, Meier Tobler Group AG ranks #1194 out of 2098 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Meier Tobler Group AG has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Meier Tobler Group AG's Cyclically Adjusted PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Meier Tobler Group AG ranks #1194 out of 2098 companies for Cyclically Adjusted PB Ratio. This places Meier Tobler Group AG in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.14. Meier Tobler Group AG's value of 2.47 is 15.4% above this benchmark. Historically, Meier Tobler Group AG's own Cyclically Adjusted PB Ratio has ranged from 0.68 to 4.37 over the past decade. While the company's 10-year median is 2.33 vs. the industry median of 2.14, Meier Tobler Group AG 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 2.14, based on 2,098 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. Meier Tobler Group AG's current Cyclically Adjusted PB Ratio of 2.47 is 15.4% 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 Meier Tobler Group AG and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Meier Tobler Group AG's current Cyclically Adjusted PB Ratio is 2.47, which is near median its own 10-year median of 2.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meier Tobler Group AG stock overvalued right now?
Based on GuruFocus' analysis, Meier Tobler Group AG (FRA:B4A1) is currently considered Fairly Valued. The stock's GF Value™ is €35.37, compared to a current price of €35.00 — trading 1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.47, which is near median its 10-year median of 2.33 and 15.4% above the Industrial Products industry median of 2.14. Meier Tobler Group AG's overall GF Score™ is 68/100 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 Meier Tobler Group AG (FRA:B4A1), the current Cyclically Adjusted PB Ratio is 2.47 as of Sep. 12, 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 Meier Tobler Group AG (FRA:B4A1) Overvalued in 2026?

Based on GuruFocus' analysis, Meier Tobler Group AG stock appears to be undervalued. The current stock price of €35.00 is trading 1% below its estimated GF Value™ of €35.37. GuruFocus considers Meier Tobler Group AG to be Fairly Valued.

Key valuation signals for FRA:B4A1:

  • Cyclically Adjusted PB Ratio: 2.47 (near median its 10-year median of 2.33)
  • GF Value™: €35.37 vs. price of €35.00 (1% below fair value)
  • GF Score™: 68/100 with 4 warning signs
  • Industry Position: 15.4% above the Industrial Products median (#1194 of 2098)

No single metric tells the full story. See the FRA:B4A1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Meier Tobler Group AG Business Description

Address Feldstrasse 11, Nebikon, CHE, 6244
Meier Tobler Group AG is a Switzerland based company. Along with its subsidiaries, it is a wholesale and manufacturing technology group with a core focus on manufacturing and climate technology. The firm provides consultancy services and systems for building service planners, installers, architects and builders. Its products include heat pumps, chillers, dry coolers, air heaters, chilled beams, water heater, sewage systems, floor and underfloor convectors, among others. It also offers heating, ventilation, and air services and maintenance.
68GF Score

Get the complete analysis for FRA:B4A1

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

€35.00
Price
€35.37
GF Value