Mayr-Melnhof Karton AG (FRA:MYM) Cyclically Adjusted PB Ratio: 0.73 (As of Sep. 14, 2026) — 62% Below Median

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FRA:MYM Mayr-Melnhof Karton AG FRA:MYM
70 GF Score
Price €74.00
GF Value €80.61
Valuation Fairly Valued
! 5 Warning Signs
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What is Mayr-Melnhof Karton AG Cyclically Adjusted PB Ratio?

Mayr-Melnhof Karton AG FRA:MYM -0.80% 70 Cyclically Adjusted PB Ratio is 0.73 as of Sep. 14, 2026, which is 62% below its 10-year median of 1.93. GuruFocus rates FRA:MYM with a GF Score™ of 70/100 and a GF Value™ of €80.61 (Fairly Valued). The stock has 5 warning signs investors should review. Among 268 Packaging & Containers companies, Mayr-Melnhof Karton AG ranks better than 64.93% on this metric.

As of today (2026-09-14), Mayr-Melnhof Karton AG's current share price is €74.00. Mayr-Melnhof Karton AG's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €102.06. Mayr-Melnhof Karton AG's Cyclically Adjusted PB Ratio for today is 0.73.

The historical rank and industry rank for Mayr-Melnhof Karton AG's Cyclically Adjusted PB Ratio or its related term are showing as below:

FRA:MYM' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.75   Med: 1.93   Max: 2.79
Current: 0.75

During the past years, Mayr-Melnhof Karton AG's highest Cyclically Adjusted PB Ratio was 2.79. The lowest was 0.75. And the median was 1.93.

FRA:MYM's Cyclically Adjusted PB Ratio is ranked better than
64.93% of 268 companies
in the Packaging & Containers industry
Industry Median: 1.075 vs FRA:MYM: 0.75

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.

Mayr-Melnhof Karton AG's adjusted book value per share data for the three months ended in Jun. 2026 was €107.459. 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 €102.06 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mayr-Melnhof Karton AG  (FRA:MYM) 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.


Mayr-Melnhof Karton AG Cyclically Adjusted PB Ratio Related Terms


Mayr-Melnhof Karton AG Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Mayr-Melnhof Karton 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.

Mayr-Melnhof Karton AG Cyclically Adjusted PB Ratio Chart

Mayr-Melnhof Karton 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 2.48 1.86 1.43 0.85 0.93

Mayr-Melnhof Karton AG Quarterly 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 1.25 0.85 0.80 0.93 0.75

FRA:MYM vs SW, AMCR, PKG: Cyclically Adjusted PB Ratio Comparison

For the Packaging & Containers subindustry, Mayr-Melnhof Karton 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.


Mayr-Melnhof Karton AG Cyclically Adjusted PB Ratio vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Mayr-Melnhof Karton AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Mayr-Melnhof Karton AG's Cyclically Adjusted PB Ratio falls into.


FRA:MYM
70GF Score
Mayr-Melnhof Karton AG FRA:MYM
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Mayr-Melnhof Karton 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.

Mayr-Melnhof Karton AG's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=74.00/102.06
=0.73

* 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.

Mayr-Melnhof Karton AG's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Mayr-Melnhof Karton AG'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)
=107.459/142.7100*142.7100
=107.459

Current CPI (Jun. 2026) = 142.7100.

Mayr-Melnhof Karton AG Quarterly Data

Book Value per Share CPI Adj_Book
200512 34.355 82.937 59.115
200612 37.621 84.175 63.783
200712 41.212 87.228 67.425
200806 0.000 88.879 0.000
200812 41.949 88.384 67.734
200906 42.576 88.796 68.427
200912 44.615 89.291 71.306
201006 45.190 90.529 71.237
201012 47.924 91.355 74.865
201106 47.513 93.531 72.495
201112 49.158 94.254 74.430
201206 50.813 95.610 75.845
201212 53.057 96.875 78.160
201306 52.923 97.688 77.314
201312 55.087 98.682 79.664
201406 52.682 99.496 75.564
201412 54.579 99.676 78.143
201506 55.995 100.492 79.520
201512 56.778 100.692 80.471
201606 59.002 101.092 83.293
201612 62.619 102.092 87.533
201706 62.272 102.991 86.287
201712 65.809 104.291 90.052
201806 66.271 105.091 89.994
201812 69.130 106.291 92.816
201906 70.219 106.791 93.837
201912 75.152 108.091 99.221
202006 74.279 107.915 98.228
202012 77.117 109.321 100.670
202106 77.495 110.943 99.685
202112 82.792 113.971 103.669
202206 93.612 120.567 110.805
202212 97.679 125.541 111.038
202306 98.387 130.191 107.848
202312 100.344 132.570 108.020
202406 101.848 134.083 108.401
202412 106.107 135.273 111.941
202506 112.377 138.517 115.779
202512 108.157 140.350 109.976
202606 107.459 142.710 107.459

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 0.73 mean?
Mayr-Melnhof Karton AG (FRA:MYM) has a Cyclically Adjusted PB Ratio of 0.73 as of Sep. 14, 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 Mayr-Melnhof Karton AG and its competitors. This is 62% below median its historical median of 1.93. Over the past decade, Mayr-Melnhof Karton AG's Cyclically Adjusted PB Ratio has ranged from 0.75 to 2.79. According to the industry distribution chart, Mayr-Melnhof Karton AG ranks #94 out of 268 companies in the Packaging & Containers industry, placing it in the top 35.1%.
Is Mayr-Melnhof Karton AG's Cyclically Adjusted PB Ratio too high?
Mayr-Melnhof Karton AG's current Cyclically Adjusted PB Ratio of 0.73 is 62% below median its 10-year median of 1.93. Over the past 10 years, this metric has ranged from a low of 0.75 to a high of 2.79. The Packaging & Containers industry median Cyclically Adjusted PB Ratio is 1.08. Mayr-Melnhof Karton AG's value of 0.73 is 32.1% below this industry median. Based on the distribution chart, Mayr-Melnhof Karton AG ranks #94 out of 268 companies in the Packaging & Containers industry, which is above the industry midpoint. Overall, Mayr-Melnhof Karton AG has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mayr-Melnhof Karton AG's Cyclically Adjusted PB Ratio compare to SW and AMCR?
According to the Packaging & Containers industry distribution chart, Mayr-Melnhof Karton AG ranks #94 out of 268 companies for Cyclically Adjusted PB Ratio. This puts Mayr-Melnhof Karton AG in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.08. Mayr-Melnhof Karton AG's value of 0.73 is 32.1% below this benchmark. Historically, Mayr-Melnhof Karton AG's own Cyclically Adjusted PB Ratio has ranged from 0.75 to 2.79 over the past decade. While the company's 10-year median is 1.93 vs. the industry median of 1.08, Mayr-Melnhof Karton AG has consistently been below 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 Packaging & Containers company?
The median Cyclically Adjusted PB Ratio among Packaging & Containers companies is 1.08, based on 268 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. Mayr-Melnhof Karton AG's current Cyclically Adjusted PB Ratio of 0.73 is 32.1% below 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 Mayr-Melnhof Karton AG and its competitors. For the Packaging & Containers industry, the median Cyclically Adjusted PB Ratio is 1.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mayr-Melnhof Karton AG's current Cyclically Adjusted PB Ratio is 0.73, which is 62% below median its own 10-year median of 1.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mayr-Melnhof Karton AG stock overvalued right now?
Based on GuruFocus' analysis, Mayr-Melnhof Karton AG (FRA:MYM) is currently considered Fairly Valued. The stock's GF Value™ is €80.61, compared to a current price of €74.00 — trading 8.2% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.73, which is 62% below median its 10-year median of 1.93 and 32.1% below the Packaging & Containers industry median of 1.08. Mayr-Melnhof Karton AG's overall GF Score™ is 70/100 with 5 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 Mayr-Melnhof Karton AG (FRA:MYM), the current Cyclically Adjusted PB Ratio is 0.73 as of Sep. 14, 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 Mayr-Melnhof Karton AG (FRA:MYM) Overvalued in 2026?

Based on GuruFocus' analysis, Mayr-Melnhof Karton AG stock appears to be undervalued. The current stock price of €74.00 is trading 8.2% below its estimated GF Value™ of €80.61. GuruFocus considers Mayr-Melnhof Karton AG to be Fairly Valued.

Key valuation signals for FRA:MYM:

  • Cyclically Adjusted PB Ratio: 0.73 (62% below median its 10-year median of 1.93)
  • GF Value™: €80.61 vs. price of €74.00 (8.2% below fair value)
  • GF Score™: 70/100 with 5 warning signs
  • Industry Position: 32.1% below the Packaging & Containers median (#94 of 268)

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


Mayr-Melnhof Karton AG Business Description

Address Brahmsplatz 6, Vienna, AUT, A-1040
Mayr-Melnhof Karton AG manufactures and sells a variety of folding cartons for consumer goods packaging. The firm organizes itself into two segments based on the product type. The MM packaging segment, which generates the majority of revenue, sells packaging for consumer goods, which include cigarettes, pharmaceuticals, detergents, personal care products, and luxury products. The MM Board & Paper segment manufactures and markets numerous grades of cartonboard, focusing on coated cartonboard produced predominantly from recycled fibers as well as virgin fiber-based cartonboard. The vast majority of revenue comes from Europe.
70GF Score

Get the complete analysis for FRA:MYM

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

€74.00
Price
€80.61
GF Value