MBIA (FRA:MBJ) Cyclically Adjusted PB Ratio: (As of Jul. 20, 2026)

Author: Vera Yuan Vera Yuan
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FRA:MBJ MBIA Inc FRA:MBJ
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What is MBIA Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


MBIA  (FRA:MBJ) 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.


MBIA Cyclically Adjusted PB Ratio Related Terms


MBIA Cyclically Adjusted PB Ratio Historical Data

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The historical data trend for MBIA'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.

MBIA Cyclically Adjusted PB Ratio Chart

MBIA 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 0.95 0.88 0.58 1.47 0.00

MBIA 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 1.87 5.05 0.00 0.00 0.00

FRA:MBJ vs OSG, JRVR, FACO: Cyclically Adjusted PB Ratio Comparison

For the Insurance - Specialty subindustry, MBIA'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.


MBIA Cyclically Adjusted PB Ratio vs Insurance Industry

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

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


FRA:MBJ
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MBIA Inc FRA:MBJ
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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MBIA 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.

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

For example, MBIA'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)
=-38.772/330.2130*330.2130
=-38.772

Current CPI (Mar. 2026) = 330.2130.

MBIA Quarterly Data

Book Value per Share CPI Adj_Book
201606 23.922 241.018 32.775
201609 24.014 241.428 32.845
201612 22.627 241.432 30.948
201703 23.123 243.801 31.319
201706 13.751 244.955 18.537
201709 11.640 246.819 15.573
201712 13.051 246.524 17.482
201803 11.331 249.554 14.993
201806 10.414 251.989 13.647
201809 10.470 252.439 13.696
201812 10.951 251.233 14.394
201903 11.659 254.202 15.145
201906 10.854 256.143 13.993
201909 11.679 256.759 15.020
201912 9.359 256.974 12.026
202003 6.070 258.115 7.766
202006 4.929 257.797 6.314
202009 3.621 260.280 4.594
202012 2.083 260.474 2.641
202103 -0.634 264.877 -0.790
202106 -0.549 271.696 -0.667
202109 -2.656 274.310 -3.197
202112 -5.077 278.802 -6.013
202203 -9.352 287.504 -10.741
202206 -12.889 296.311 -14.364
202209 -15.877 296.808 -17.664
202212 -15.179 296.797 -16.888
202303 -15.498 301.836 -16.955
202306 -17.735 305.109 -19.194
202309 -22.702 307.789 -24.356
202312 -29.874 306.746 -32.159
202403 -31.094 312.332 -32.874
202406 -36.302 314.175 -38.155
202409 -35.331 315.301 -37.002
202412 -39.141 315.605 -40.953
202503 -39.041 319.799 -40.312
202506 -37.401 322.561 -38.288
202509 -36.787 324.800 -37.400
202512 -37.822 324.054 -38.541
202603 -38.772 330.213 -38.772

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.


MBIA Business Description

Other Exchanges MBI:USA
Address 1 Manhattanville Road, Suite 202, Purchase, NY, USA, 10577
MBIA Inc provides financial guaranty insurance for municipal bonds and asset-backed securities in the United States and internationally. It offers an unconditional guarantee to repay the principal and interest on these securities if the issuer defaults. MBIA insures bonds sold in the primary and secondary markets, as well as those held in unit investment trusts and mutual funds. It operates in three segments: the United States Public Finance Insurance, which derives maximum revenue, Corporate, and International & Structured Finance Insurance. The U.S. public finance insurance portfolio is managed through the National Public Finance Guarantee Corporation. International & structured finance insurance business is managed through MBIA Insurance Corporation and its subsidiaries.
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Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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