TE Connectivity (FRA:BZ4) Cyclically Adjusted PB Ratio: 5.63 (As of Aug. 09, 2026) — 30% Above Median

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FRA:BZ4 TE Connectivity PLC FRA:BZ4
91 GF Score
Price €188.00
GF Value €171.37
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is TE Connectivity Cyclically Adjusted PB Ratio?

TE Connectivity FRA:BZ4 -0.53% 91 Cyclically Adjusted PB Ratio is 5.63 as of Aug. 09, 2026, which is 30% above its 10-year median of 4.34. GuruFocus rates FRA:BZ4 with a GF Score™ of 91/100 and a GF Value™ of €171.37 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,967 Hardware companies, TE Connectivity ranks worse than 81.09% on this metric.

As of today (2026-08-09), TE Connectivity's current share price is €188.00. TE Connectivity's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €33.40. TE Connectivity's Cyclically Adjusted PB Ratio for today is 5.63.

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

FRA:BZ4' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.41   Med: 4.34   Max: 6.76
Current: 5.56

During the past years, TE Connectivity's highest Cyclically Adjusted PB Ratio was 6.76. The lowest was 2.41. And the median was 4.34.

FRA:BZ4's Cyclically Adjusted PB Ratio is ranked worse than
81.09% of 1967 companies
in the Hardware industry
Industry Median: 2.09 vs FRA:BZ4: 5.56

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.

TE Connectivity's adjusted book value per share data for the three months ended in Jun. 2026 was €39.655. 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 €33.40 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


TE Connectivity  (FRA:BZ4) 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.


TE Connectivity Cyclically Adjusted PB Ratio Related Terms


TE Connectivity Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for TE Connectivity'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.

TE Connectivity Cyclically Adjusted PB Ratio Chart

TE Connectivity Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.32 3.77 3.80 4.41 6.01

TE Connectivity 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 4.67 6.01 6.12 5.46 5.18

FRA:BZ4 vs FLEX, JBL, FN: Cyclically Adjusted PB Ratio Comparison

For the Electronic Components subindustry, TE Connectivity'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.


TE Connectivity Cyclically Adjusted PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, TE Connectivity's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:BZ4
91GF Score
TE Connectivity PLC FRA:BZ4
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TE Connectivity 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.

TE Connectivity's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=188.00/33.40
=5.63

* 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.

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

For example, TE Connectivity'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)
=39.655/128.6700*128.6700
=39.655

Current CPI (Jun. 2026) = 128.6700.

TE Connectivity Quarterly Data

Book Value per Share CPI Adj_Book
201609 21.279 100.274 27.305
201612 23.565 99.676 30.420
201703 23.034 100.374 29.527
201706 23.002 100.673 29.399
201709 23.261 100.474 29.789
201712 23.160 100.075 29.778
201803 21.927 100.573 28.053
201806 23.321 101.072 29.689
201809 26.921 101.371 34.171
201812 26.514 100.773 33.854
201903 26.221 101.670 33.185
201906 27.943 102.168 35.191
201909 28.642 102.268 36.036
201912 28.410 102.068 35.814
202003 24.782 102.367 31.150
202006 24.316 101.769 30.743
202009 24.092 101.072 30.671
202012 24.480 101.072 31.164
202103 24.580 102.367 30.896
202106 25.376 103.364 31.589
202109 27.639 104.859 33.915
202112 29.899 106.653 36.071
202203 29.370 109.245 34.592
202206 30.806 112.779 35.147
202209 34.300 113.504 38.883
202212 33.866 115.436 37.749
202303 32.632 117.609 35.701
202306 33.339 119.662 35.849
202309 34.692 120.749 36.968
202312 38.930 120.749 41.484
202403 37.321 120.990 39.690
202406 38.546 122.318 40.548
202409 37.116 121.594 39.276
202412 39.665 122.439 41.684
202503 37.621 123.405 39.226
202506 36.284 124.492 37.502
202509 36.402 124.810 37.528
202512 37.761 125.770 38.632
202603 39.185 127.830 39.442
202606 39.655 128.670 39.655

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 5.63 mean?
TE Connectivity (FRA:BZ4) has a Cyclically Adjusted PB Ratio of 5.63 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 TE Connectivity and its competitors. This is 30% above median its historical median of 4.34. Over the past decade, TE Connectivity's Cyclically Adjusted PB Ratio has ranged from 2.41 to 6.76. According to the industry distribution chart, TE Connectivity ranks #1595 out of 1967 companies in the Hardware industry, placing it in the top 81.1%.
Is TE Connectivity's Cyclically Adjusted PB Ratio too high?
TE Connectivity's current Cyclically Adjusted PB Ratio of 5.63 is 30% above median its 10-year median of 4.34. Over the past 10 years, this metric has ranged from a low of 2.41 to a high of 6.76. The Hardware industry median Cyclically Adjusted PB Ratio is 2.09. TE Connectivity's value of 5.63 is 169.4% above this industry median. Based on the distribution chart, TE Connectivity ranks #1595 out of 1967 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, TE Connectivity has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does TE Connectivity's Cyclically Adjusted PB Ratio compare to FLEX and JBL?
According to the Hardware industry distribution chart, TE Connectivity ranks #1595 out of 1967 companies for Cyclically Adjusted PB Ratio. This places TE Connectivity in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.09. TE Connectivity's value of 5.63 is 169.4% above this benchmark. Historically, TE Connectivity's own Cyclically Adjusted PB Ratio has ranged from 2.41 to 6.76 over the past decade. While the company's 10-year median is 4.34 vs. the industry median of 2.09, TE Connectivity 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 a Hardware company?
The median Cyclically Adjusted PB Ratio among Hardware companies is 2.09, based on 1,967 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. TE Connectivity's current Cyclically Adjusted PB Ratio of 5.63 is 169.4% 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 TE Connectivity and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TE Connectivity's current Cyclically Adjusted PB Ratio is 5.63, which is 30% above median its own 10-year median of 4.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TE Connectivity stock overvalued right now?
Based on GuruFocus' analysis, TE Connectivity (FRA:BZ4) is currently considered Fairly Valued. The stock's GF Value™ is €171.37, compared to a current price of €188.00 — trading 9.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 5.63, which is 30% above median its 10-year median of 4.34 and 169.4% above the Hardware industry median of 2.09. TE Connectivity's overall GF Score™ is 91/100 with 3 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 TE Connectivity (FRA:BZ4), the current Cyclically Adjusted PB Ratio is 5.63 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 TE Connectivity (FRA:BZ4) Overvalued in 2026?

Based on GuruFocus' analysis, TE Connectivity stock appears to be overvalued. The current stock price of €188.00 is trading 9.7% above its estimated GF Value™ of €171.37. GuruFocus considers TE Connectivity to be Fairly Valued.

Key valuation signals for FRA:BZ4:

  • Cyclically Adjusted PB Ratio: 5.63 (30% above median its 10-year median of 4.34)
  • GF Value™: €171.37 vs. price of €188.00 (9.7% above fair value)
  • GF Score™: 91/100 with 3 warning signs
  • Industry Position: 169.4% above the Hardware median (#1595 of 1967)

No single metric tells the full story. See the FRA:BZ4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TE Connectivity Business Description

Address Parkmore Business Park West, Parkmore, Ballybrit, Galway, IRL, H91VN2T
TE Connectivity is the largest electrical connector supplier in the world, supplying interconnect and sensor solutions to the transportation, industrial, and communications markets. With operations in 150 countries and over 500,000 stock-keeping units, TE has a broad portfolio that forms the electrical architecture of its end customers' cutting-edge innovations.
91GF Score

Get the complete analysis for FRA:BZ4

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

€188.00
Price
€171.37
GF Value