MLP Group (FRA:OB5) Cyclically Adjusted PB Ratio: 1.12 (As of Aug. 16, 2026) — Near Median

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FRA:OB5 MLP Group SA FRA:OB5
87 GF Score
Price €23.70
GF Value €22.80
! 9 Warning Signs
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What is MLP Group Cyclically Adjusted PB Ratio?

MLP Group FRA:OB5 87 Cyclically Adjusted PB Ratio is 1.12 as of Aug. 16, 2026, which is 5% above its 10-year median of 1.07. GuruFocus rates FRA:OB5 with a GF Score™ of 87/100 and a GF Value™ of €22.80. The stock has 9 warning signs investors should review. Among 1,400 Real Estate companies, MLP Group ranks worse than 68.79% on this metric.

As of today (2026-08-16), MLP Group's current share price is €23.70. MLP Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €21.19. MLP Group's Cyclically Adjusted PB Ratio for today is 1.12.

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

FRA:OB5' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.79   Med: 1.07   Max: 1.33
Current: 1.14

During the past years, MLP Group's highest Cyclically Adjusted PB Ratio was 1.33. The lowest was 0.79. And the median was 1.07.

FRA:OB5's Cyclically Adjusted PB Ratio is ranked worse than
68.79% of 1400 companies
in the Real Estate industry
Industry Median: 0.69 vs FRA:OB5: 1.14

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.

MLP Group's adjusted book value per share data for the three months ended in Mar. 2026 was €31.673. 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 €21.19 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


MLP Group  (FRA:OB5) 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.


MLP Group Cyclically Adjusted PB Ratio Related Terms


MLP Group Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for MLP Group'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.

MLP Group Cyclically Adjusted PB Ratio Chart

MLP Group 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 0.00 1.20 0.98 0.83 1.01

MLP Group 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 1.02 0.96 0.83 1.01 0.94

FRA:OB5 vs CBRE, BEKE, JLL: Cyclically Adjusted PB Ratio Comparison

For the Real Estate Services subindustry, MLP Group'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.


MLP Group Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, MLP Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:OB5
87GF Score
MLP Group SA FRA:OB5
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MLP Group 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.

MLP Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=23.70/21.19
=1.12

* 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.

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

For example, MLP Group'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)
=31.673/163.0700*163.0700
=31.673

Current CPI (Mar. 2026) = 163.0700.

MLP Group Quarterly Data

Book Value per Share CPI Adj_Book
201606 8.212 99.552 13.452
201609 8.183 99.064 13.470
201612 8.769 100.366 14.247
201703 8.581 101.018 13.852
201706 9.058 101.180 14.599
201709 9.286 101.343 14.942
201712 9.429 102.564 14.991
201803 9.486 102.564 15.082
201806 9.842 103.378 15.525
201809 9.764 103.378 15.402
201812 10.580 103.785 16.624
201903 10.737 104.274 16.791
201906 11.383 105.983 17.514
201909 11.705 105.983 18.010
201912 12.179 107.123 18.540
202003 13.641 109.076 20.393
202006 13.652 109.402 20.349
202009 14.019 109.320 20.912
202012 14.443 109.565 21.496
202103 14.658 112.658 21.217
202106 16.518 113.960 23.636
202109 16.962 115.588 23.930
202112 20.064 119.088 27.474
202203 20.662 125.031 26.948
202206 25.273 131.705 31.292
202209 26.696 135.531 32.120
202212 24.469 139.113 28.683
202303 24.649 145.950 27.540
202306 23.453 147.009 26.015
202309 24.580 146.113 27.433
202312 23.466 147.741 25.901
202403 23.633 149.044 25.857
202406 26.228 150.997 28.325
202409 25.861 153.439 27.484
202412 26.900 154.660 28.363
202503 26.391 157.021 27.408
202506 27.602 157.509 28.576
202509 27.737 158.000 28.627
202512 31.316 158.320 32.256
202603 31.673 163.070 31.673

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 1.12 mean?
MLP Group (FRA:OB5) has a Cyclically Adjusted PB Ratio of 1.12 as of Aug. 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 MLP Group and its competitors. This is near median its historical median of 1.07. Over the past decade, MLP Group's Cyclically Adjusted PB Ratio has ranged from 0.79 to 1.33. According to the industry distribution chart, MLP Group ranks #963 out of 1400 companies in the Real Estate industry, placing it in the top 68.8%.
Is MLP Group's Cyclically Adjusted PB Ratio too high?
MLP Group's current Cyclically Adjusted PB Ratio of 1.12 is near median its 10-year median of 1.07. Over the past 10 years, this metric has ranged from a low of 0.79 to a high of 1.33. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.69. MLP Group's value of 1.12 is 62.3% above this industry median. Based on the distribution chart, MLP Group ranks #963 out of 1400 companies in the Real Estate industry, which is below the industry midpoint. Overall, MLP Group has a GF Score™ of 87/100, reflecting its overall financial health beyond just this single metric.
How does MLP Group's Cyclically Adjusted PB Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, MLP Group ranks #963 out of 1400 companies for Cyclically Adjusted PB Ratio. This places MLP Group in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.69. MLP Group's value of 1.12 is 62.3% above this benchmark. Historically, MLP Group's own Cyclically Adjusted PB Ratio has ranged from 0.79 to 1.33 over the past decade. While the company's 10-year median is 1.07 vs. the industry median of 0.69, MLP Group 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 Real Estate company?
The median Cyclically Adjusted PB Ratio among Real Estate companies is 0.69, based on 1,400 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. MLP Group's current Cyclically Adjusted PB Ratio of 1.12 is 62.3% 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 MLP Group and its competitors. For the Real Estate industry, the median Cyclically Adjusted PB Ratio is 0.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MLP Group's current Cyclically Adjusted PB Ratio is 1.12, which is near median its own 10-year median of 1.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MLP Group stock overvalued right now?
MLP Group (FRA:OB5) has a current Cyclically Adjusted PB Ratio of 1.12. The stock's GF Value™ is €22.80, compared to a current price of €23.70 — trading 3.9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.12, which is near median its 10-year median of 1.07 and 62.3% above the Real Estate industry median of 0.69. MLP Group's overall GF Score™ is 87/100 with 9 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 MLP Group (FRA:OB5), the current Cyclically Adjusted PB Ratio is 1.12 as of Aug. 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 MLP Group (FRA:OB5) Overvalued in 2026?

Based on GuruFocus' analysis, MLP Group stock appears to be overvalued. The current stock price of €23.70 is trading 3.9% above its estimated GF Value™ of €22.80.

Key valuation signals for FRA:OB5:

  • Cyclically Adjusted PB Ratio: 1.12 (near median its 10-year median of 1.07)
  • GF Value™: €22.80 vs. price of €23.70 (3.9% above fair value)
  • GF Score™: 87/100 with 9 warning signs
  • Industry Position: 62.3% above the Real Estate median (#963 of 1400)

No single metric tells the full story. See the FRA:OB5 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MLP Group Business Description

Other Exchanges MLG:Poland
Address ul. 3 maja 8, Pruszkow, POL, 05-800
MLP Group SA is a Poland based company engaged in the construction and management of modern warehouse and manufacturing centers. The company's offerings include MLP Bierun, MLP Bucharest West, MLP Czeladz, MLP Gliwice, MLP Lublin, and MLP Poznan among others.
87GF Score

Get the complete analysis for FRA:OB5

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

€23.70
Price
€22.80
GF Value