Graco (FRA:GA8) Cyclically Adjusted PB Ratio: 7.50 (As of Jul. 25, 2026) — 39% Below Median

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:GA8 Graco Inc FRA:GA8
91 GF Score
Price €69.85
GF Value €79.34
Valuation Modestly Undervalued
! 1 Warning Sign
View Full Analysis

What is Graco Cyclically Adjusted PB Ratio?

Graco FRA:GA8 +2.49% 91 Cyclically Adjusted PB Ratio is 7.50 as of Jul. 25, 2026, which is 39% below its 10-year median of 12.35. GuruFocus rates FRA:GA8 with a GF Score™ of 91/100 and a GF Value™ of €79.34 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 2,280 Industrial Products companies, Graco ranks worse than 86.67% on this metric.

As of today (2026-07-25), Graco's current share price is €69.85. Graco's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €9.31. Graco's Cyclically Adjusted PB Ratio for today is 7.50.

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

FRA:GA8' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 6.96   Med: 12.35   Max: 18.14
Current: 7.48

During the past years, Graco's highest Cyclically Adjusted PB Ratio was 18.14. The lowest was 6.96. And the median was 12.35.

FRA:GA8's Cyclically Adjusted PB Ratio is ranked worse than
86.67% of 2280 companies
in the Industrial Products industry
Industry Median: 2.12 vs FRA:GA8: 7.48

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.

Graco's adjusted book value per share data for the three months ended in Jun. 2026 was €13.521. 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 €9.31 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Graco  (FRA:GA8) 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.


Graco Cyclically Adjusted PB Ratio Related Terms


Graco Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Graco'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.

Graco Cyclically Adjusted PB Ratio Chart

Graco 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 15.59 10.72 11.82 9.87 8.36

Graco 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 9.32 8.89 8.36 8.24 7.11

FRA:GA8 vs CR, PNR, WTS: Cyclically Adjusted PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, Graco'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.


Graco Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

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


FRA:GA8
91GF Score
Graco Inc FRA:GA8
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Graco 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=69.85/9.31
=7.50

* 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.

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

For example, Graco'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)
=13.521/333.9520*333.9520
=13.521

Current CPI (Jun. 2026) = 333.9520.

Graco Quarterly Data

Book Value per Share CPI Adj_Book
201609 3.796 241.428 5.251
201612 3.248 241.432 4.493
201703 3.181 243.801 4.357
201706 3.452 244.955 4.706
201709 3.587 246.819 4.853
201712 3.609 246.524 4.889
201803 3.519 249.554 4.709
201806 3.645 251.989 4.831
201809 4.102 252.439 5.427
201812 4.001 251.233 5.318
201903 4.488 254.202 5.896
201906 4.913 256.143 6.405
201909 5.356 256.759 6.966
201912 5.514 256.974 7.166
202003 5.534 258.115 7.160
202006 5.470 257.797 7.086
202009 5.908 260.280 7.580
202012 6.261 260.474 8.027
202103 6.854 264.877 8.641
202106 7.243 271.696 8.903
202109 7.823 274.310 9.524
202112 8.883 278.802 10.640
202203 9.069 287.504 10.534
202206 9.830 296.311 11.079
202209 10.717 296.808 12.058
202212 10.468 296.797 11.778
202303 11.021 301.836 12.194
202306 11.559 305.109 12.652
202309 12.149 307.789 13.182
202312 12.144 306.746 13.221
202403 12.705 312.332 13.584
202406 13.300 314.175 14.137
202409 13.413 315.301 14.206
202412 14.569 315.605 15.416
202503 13.706 319.799 14.313
202506 13.091 322.561 13.553
202509 13.409 324.800 13.787
202512 13.724 324.054 14.143
202603 14.298 330.213 14.460
202606 13.521 333.952 13.521

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 7.50 mean?
Graco (FRA:GA8) has a Cyclically Adjusted PB Ratio of 7.50 as of Jul. 25, 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 Graco and its competitors. This is 39% below median its historical median of 12.35. Over the past decade, Graco's Cyclically Adjusted PB Ratio has ranged from 6.96 to 18.14. According to the industry distribution chart, Graco ranks #1976 out of 2280 companies in the Industrial Products industry, placing it in the top 86.7%.
Is Graco's Cyclically Adjusted PB Ratio too high?
Graco's current Cyclically Adjusted PB Ratio of 7.50 is 39% below median its 10-year median of 12.35. Over the past 10 years, this metric has ranged from a low of 6.96 to a high of 18.14. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.12. Graco's value of 7.50 is 253.8% above this industry median. Based on the distribution chart, Graco ranks #1976 out of 2280 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Graco has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Graco's Cyclically Adjusted PB Ratio compare to CR and PNR?
According to the Industrial Products industry distribution chart, Graco ranks #1976 out of 2280 companies for Cyclically Adjusted PB Ratio. This places Graco in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.12. Graco's value of 7.50 is 253.8% above this benchmark. Historically, Graco's own Cyclically Adjusted PB Ratio has ranged from 6.96 to 18.14 over the past decade. While the company's 10-year median is 12.35 vs. the industry median of 2.12, Graco 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 2.12, based on 2,280 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. Graco's current Cyclically Adjusted PB Ratio of 7.50 is 253.8% 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 Graco and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Graco's current Cyclically Adjusted PB Ratio is 7.50, which is 39% below median its own 10-year median of 12.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Graco stock overvalued right now?
Based on GuruFocus' analysis, Graco (FRA:GA8) is currently considered Modestly Undervalued. The stock's GF Value™ is €79.34, compared to a current price of €69.85 — trading 12% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 7.50, which is 39% below median its 10-year median of 12.35 and 253.8% above the Industrial Products industry median of 2.12. Graco's overall GF Score™ is 91/100 with 1 warning sign 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 Graco (FRA:GA8), the current Cyclically Adjusted PB Ratio is 7.50 as of Jul. 25, 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 Graco (FRA:GA8) Overvalued in 2026?

Based on GuruFocus' analysis, Graco stock appears to be undervalued. The current stock price of €69.85 is trading 12% below its estimated GF Value™ of €79.34. GuruFocus considers Graco to be Modestly Undervalued.

Key valuation signals for FRA:GA8:

  • Cyclically Adjusted PB Ratio: 7.50 (39% below median its 10-year median of 12.35)
  • GF Value™: €79.34 vs. price of €69.85 (12% below fair value)
  • GF Score™: 91/100 with 1 warning sign
  • Industry Position: 253.8% above the Industrial Products median (#1976 of 2280)

No single metric tells the full story. See the FRA:GA8 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Graco Business Description

Other Exchanges GGG:USA
Address 88 - 11th Avenue N.E, Minneapolis, MN, USA, 55413
Graco manufactures equipment used for managing fluids, coatings, and adhesives, specializing in difficult-to-handle materials. Graco's business is organized into three segments: industrial, process, and contractor. The Minnesota-based firm serves a wide range of end markets, including industrial, automotive, and construction, and its broad array of products include pumps, valves, meters, sprayers, and equipment used to apply coatings, sealants, and adhesives. The firm generated roughly $2.2 billion in sales in 2025.
91GF Score

Get the complete analysis for FRA:GA8

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

€69.85
Price
€79.34
GF Value