Moodys (FRA:DUT) Cyclically Adjusted PB Ratio: 49.48 (As of Jul. 16, 2026) — 44% Below Median

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FRA:DUT Moodys Corp FRA:DUT
91 GF Score
Price €430.00
GF Value €460.78
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Moodys Cyclically Adjusted PB Ratio?

Moodys FRA:DUT -0.92% 91 Cyclically Adjusted PB Ratio is 49.48 as of Jul. 16, 2026, which is 44% below its 10-year median of 87.88. GuruFocus rates FRA:DUT with a GF Score™ of 91/100 and a GF Value™ of €460.78 (Fairly Valued). The stock has 3 warning signs investors should review. Among 636 Capital Markets companies, Moodys ranks worse than 99.21% on this metric.

As of today (2026-07-16), Moodys's current share price is €430.00. Moodys's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €8.69. Moodys's Cyclically Adjusted PB Ratio for today is 49.48.

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

FRA:DUT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 42.4   Med: 87.88   Max: 2267.15
Current: 50.03

During the past years, Moodys's highest Cyclically Adjusted PB Ratio was 2267.15. The lowest was 42.40. And the median was 87.88.

FRA:DUT's Cyclically Adjusted PB Ratio is ranked worse than
99.21% of 636 companies
in the Capital Markets industry
Industry Median: 1.355 vs FRA:DUT: 50.03

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.

Moodys's adjusted book value per share data for the three months ended in Mar. 2026 was €14.826. 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 €8.69 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Moodys  (FRA:DUT) 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.


Moodys Cyclically Adjusted PB Ratio Related Terms


Moodys Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Moodys'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.

Moodys Cyclically Adjusted PB Ratio Chart

Moodys 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 220.40 91.08 83.94 70.68 54.50

Moodys Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 63.25 62.44 54.62 54.50 43.26

FRA:DUT vs CME, ICE, NDAQ: Cyclically Adjusted PB Ratio Comparison

For the Financial Data & Stock Exchanges subindustry, Moodys'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.


Moodys Cyclically Adjusted PB Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Moodys's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:DUT
91GF Score
Moodys Corp FRA:DUT
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Moodys 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.

Moodys's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=430.00/8.69
=49.48

* 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.

Moodys's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Moodys's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=14.826/330.2130*330.2130
=14.826

Current CPI (Mar. 2026) = 330.2130.

Moodys Quarterly Data

Book Value per Share CPI Adj_Book
201606 -2.777 241.018 -3.805
201609 -2.631 241.428 -3.599
201612 -6.090 241.432 -8.329
201703 -4.531 243.801 -6.137
201706 -3.168 244.955 -4.271
201709 -1.620 246.819 -2.167
201712 -1.450 246.524 -1.942
201803 0.844 249.554 1.117
201806 1.083 251.989 1.419
201809 1.790 252.439 2.341
201812 2.109 251.233 2.772
201903 0.575 254.202 0.747
201906 1.650 256.143 2.127
201909 2.273 256.759 2.923
201912 2.935 256.974 3.771
202003 2.809 258.115 3.594
202006 4.925 257.797 6.308
202009 6.768 260.280 8.586
202012 6.893 260.474 8.739
202103 9.109 264.877 11.356
202106 9.744 271.696 11.843
202109 11.111 274.310 13.375
202112 13.000 278.802 15.397
202203 11.782 287.504 13.532
202206 11.826 296.311 13.179
202209 12.432 296.808 13.831
202212 12.980 296.797 14.441
202303 14.715 301.836 16.098
202306 15.818 305.109 17.119
202309 16.338 307.789 17.528
202312 16.674 306.746 17.950
202403 18.011 312.332 19.042
202406 19.276 314.175 20.260
202409 19.414 315.301 20.332
202412 18.882 315.605 19.756
202503 19.020 319.799 19.639
202506 19.089 322.561 19.542
202509 18.898 324.800 19.213
202512 19.500 324.054 19.871
202603 14.826 330.213 14.826

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 49.48 mean?
Moodys (FRA:DUT) has a Cyclically Adjusted PB Ratio of 49.48 as of Jul. 16, 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 Moodys and its competitors. This is 44% below median its historical median of 87.88. Over the past decade, Moodys' Cyclically Adjusted PB Ratio has ranged from 42.40 to 2,267.15. According to the industry distribution chart, Moodys ranks #631 out of 636 companies in the Capital Markets industry, placing it in the top 99.2%.
Is Moodys' Cyclically Adjusted PB Ratio too high?
Moodys' current Cyclically Adjusted PB Ratio of 49.48 is 44% below median its 10-year median of 87.88. Over the past 10 years, this metric has ranged from a low of 42.40 to a high of 2,267.15. The Capital Markets industry median Cyclically Adjusted PB Ratio is 1.36. Moodys' value of 49.48 is 3551.7% above this industry median. Based on the distribution chart, Moodys ranks #631 out of 636 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Moodys has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Moodys' Cyclically Adjusted PB Ratio compare to CME and ICE?
According to the Capital Markets industry distribution chart, Moodys ranks #631 out of 636 companies for Cyclically Adjusted PB Ratio. This places Moodys in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.36. Moodys' value of 49.48 is 3551.7% above this benchmark. Historically, Moodys' own Cyclically Adjusted PB Ratio has ranged from 42.40 to 2,267.15 over the past decade. While the company's 10-year median is 87.88 vs. the industry median of 1.36, Moodys 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 Capital Markets company?
The median Cyclically Adjusted PB Ratio among Capital Markets companies is 1.36, based on 636 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. Moodys's current Cyclically Adjusted PB Ratio of 49.48 is 3551.7% 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 Moodys and its competitors. For the Capital Markets industry, the median Cyclically Adjusted PB Ratio is 1.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Moodys's current Cyclically Adjusted PB Ratio is 49.48, which is 44% below median its own 10-year median of 87.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Moodys stock overvalued right now?
Based on GuruFocus' analysis, Moodys (FRA:DUT) is currently considered Fairly Valued. The stock's GF Value™ is €460.78, compared to a current price of €430.00 — trading 6.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 49.48, which is 44% below median its 10-year median of 87.88 and 3551.7% above the Capital Markets industry median of 1.36. Moodys' 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 Moodys (FRA:DUT), the current Cyclically Adjusted PB Ratio is 49.48 as of Jul. 16, 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 Moodys (FRA:DUT) Overvalued in 2026?

Based on GuruFocus' analysis, Moodys stock appears to be undervalued. The current stock price of €430.00 is trading 6.7% below its estimated GF Value™ of €460.78. GuruFocus considers Moodys to be Fairly Valued.

Key valuation signals for FRA:DUT:

  • Cyclically Adjusted PB Ratio: 49.48 (44% below median its 10-year median of 87.88)
  • GF Value™: €460.78 vs. price of €430.00 (6.7% below fair value)
  • GF Score™: 91/100 with 3 warning signs
  • Industry Position: 3551.7% above the Capital Markets median (#631 of 636)

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


Moodys Business Description

Address 7 World Trade Center at 250 Greenwich Street, New York, NY, USA, 10007
Moody's, along with S&P Ratings, is a leading provider of credit ratings on fixed-income securities. The ratings segment, Moody's Investors Service, includes corporates, structured finance, financial institutions, and public finance ratings. MIS represents a majority of the firm's profit and often (depending on bond issuance levels) a majority of the firm's revenue. The other segment, Moody's Analytics, consists of decision solutions, research and insights, and data and information.
91GF Score

Get the complete analysis for FRA:DUT

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

€430.00
Price
€460.78
GF Value