Otter Tail (FRA:OT4) Cyclically Adjusted PB Ratio: 3.13 (As of Jul. 29, 2026) — 11% Above Median

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FRA:OT4 Otter Tail Corp FRA:OT4
81 GF Score
Price €80.00
GF Value €68.21
! 7 Warning Signs
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What is Otter Tail Cyclically Adjusted PB Ratio?

Otter Tail FRA:OT4 -0.62% 81 Cyclically Adjusted PB Ratio is 3.13 as of Jul. 29, 2026, which is 11% above its 10-year median of 2.83. GuruFocus rates FRA:OT4 with a GF Score™ of 81/100 and a GF Value™ of €68.21. The stock has 7 warning signs investors should review. Among 474 Conglomerates companies, Otter Tail ranks worse than 82.07% on this metric.

As of today (2026-07-29), Otter Tail's current share price is €80.00. Otter Tail's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €25.58. Otter Tail's Cyclically Adjusted PB Ratio for today is 3.13.

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

FRA:OT4' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.86   Med: 2.83   Max: 4.11
Current: 3.09

During the past years, Otter Tail's highest Cyclically Adjusted PB Ratio was 4.11. The lowest was 1.86. And the median was 2.83.

FRA:OT4's Cyclically Adjusted PB Ratio is ranked worse than
82.07% of 474 companies
in the Conglomerates industry
Industry Median: 1.02 vs FRA:OT4: 3.09

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.

Otter Tail's adjusted book value per share data for the three months ended in Mar. 2026 was €39.335. 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 €25.58 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Otter Tail  (FRA:OT4) 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.


Otter Tail Cyclically Adjusted PB Ratio Related Terms


Otter Tail Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Otter Tail'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.

Otter Tail Cyclically Adjusted PB Ratio Chart

Otter Tail 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 3.63 2.69 3.56 2.80 2.77

Otter Tail 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 2.95 2.76 2.86 2.77 2.89

FRA:OT4 vs SEB, GHC, TTI: Cyclically Adjusted PB Ratio Comparison

For the Conglomerates subindustry, Otter Tail'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.


Otter Tail Cyclically Adjusted PB Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Otter Tail's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:OT4
81GF Score
Otter Tail Corp FRA:OT4
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Otter Tail 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.

Otter Tail's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=80.00/25.58
=3.13

* 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.

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

For example, Otter Tail'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)
=39.335/330.2130*330.2130
=39.335

Current CPI (Mar. 2026) = 330.2130.

Otter Tail Quarterly Data

Book Value per Share CPI Adj_Book
201606 14.628 241.018 20.041
201609 14.917 241.428 20.403
201612 16.145 241.432 22.082
201703 16.088 243.801 21.790
201706 15.444 244.955 20.819
201709 14.688 246.819 19.651
201712 14.887 246.524 19.941
201803 14.491 249.554 19.175
201806 15.427 251.989 20.216
201809 15.671 252.439 20.499
201812 16.152 251.233 21.230
201903 16.495 254.202 21.427
201906 16.569 256.143 21.360
201909 17.279 256.759 22.222
201912 17.514 256.974 22.506
202003 17.932 258.115 22.941
202006 17.870 257.797 22.890
202009 17.622 260.280 22.357
202012 17.264 260.474 21.886
202103 17.967 264.877 22.399
202106 18.285 271.696 22.223
202109 19.490 274.310 23.462
202112 21.102 278.802 24.993
202203 22.852 287.504 26.247
202206 25.372 296.311 28.275
202209 28.725 296.808 31.958
202212 27.603 296.797 30.711
202303 28.316 301.836 30.978
202306 29.396 305.109 31.815
202309 31.516 307.789 33.812
202312 31.724 306.746 34.151
202403 32.971 312.332 34.859
202406 34.785 314.175 36.561
202409 35.183 315.301 36.847
202412 38.095 315.605 39.858
202503 37.937 319.799 39.172
202506 36.714 322.561 37.585
202509 37.236 324.800 37.857
202512 37.941 324.054 38.662
202603 39.335 330.213 39.335

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 3.13 mean?
Otter Tail (FRA:OT4) has a Cyclically Adjusted PB Ratio of 3.13 as of Jul. 29, 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 Otter Tail and its competitors. This is 11% above median its historical median of 2.83. Over the past decade, Otter Tail's Cyclically Adjusted PB Ratio has ranged from 1.86 to 4.11. According to the industry distribution chart, Otter Tail ranks #389 out of 474 companies in the Conglomerates industry, placing it in the top 82.1%.
Is Otter Tail's Cyclically Adjusted PB Ratio too high?
Otter Tail's current Cyclically Adjusted PB Ratio of 3.13 is 11% above median its 10-year median of 2.83. Over the past 10 years, this metric has ranged from a low of 1.86 to a high of 4.11. The Conglomerates industry median Cyclically Adjusted PB Ratio is 1.02. Otter Tail's value of 3.13 is 206.9% above this industry median. Based on the distribution chart, Otter Tail ranks #389 out of 474 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, Otter Tail has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does Otter Tail's Cyclically Adjusted PB Ratio compare to SEB and GHC?
According to the Conglomerates industry distribution chart, Otter Tail ranks #389 out of 474 companies for Cyclically Adjusted PB Ratio. This places Otter Tail in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.02. Otter Tail's value of 3.13 is 206.9% above this benchmark. Historically, Otter Tail's own Cyclically Adjusted PB Ratio has ranged from 1.86 to 4.11 over the past decade. While the company's 10-year median is 2.83 vs. the industry median of 1.02, Otter Tail 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 Conglomerates company?
The median Cyclically Adjusted PB Ratio among Conglomerates companies is 1.02, based on 474 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. Otter Tail's current Cyclically Adjusted PB Ratio of 3.13 is 206.9% 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 Otter Tail and its competitors. For the Conglomerates industry, the median Cyclically Adjusted PB Ratio is 1.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Otter Tail's current Cyclically Adjusted PB Ratio is 3.13, which is 11% above median its own 10-year median of 2.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Otter Tail stock overvalued right now?
Otter Tail (FRA:OT4) has a current Cyclically Adjusted PB Ratio of 3.13. The stock's GF Value™ is €68.21, compared to a current price of €80.00 — trading 17.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.13, which is 11% above median its 10-year median of 2.83 and 206.9% above the Conglomerates industry median of 1.02. Otter Tail's overall GF Score™ is 81/100 with 7 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 Otter Tail (FRA:OT4), the current Cyclically Adjusted PB Ratio is 3.13 as of Jul. 29, 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 Otter Tail (FRA:OT4) Overvalued in 2026?

Based on GuruFocus' analysis, Otter Tail stock appears to be overvalued. The current stock price of €80.00 is trading 17.3% above its estimated GF Value™ of €68.21.

Key valuation signals for FRA:OT4:

  • Cyclically Adjusted PB Ratio: 3.13 (11% above median its 10-year median of 2.83)
  • GF Value™: €68.21 vs. price of €80.00 (17.3% above fair value)
  • GF Score™: 81/100 with 7 warning signs
  • Industry Position: 206.9% above the Conglomerates median (#389 of 474)

No single metric tells the full story. See the FRA:OT4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Otter Tail Business Description

Other Exchanges OTTR:USA
Address 215 South Cascade Street, P.O. Box 496, Fergus Falls, MN, USA, 56538-0496
Otter Tail Corp is a U.S. energy company that operates in the electric (produces and sells electricity), manufacturing (fabricates metal components), and plastics segments (pipes for water uses). The company conducts its operations and acquires the majority of its revenue in the U.S. in the states of Minnesota, South Dakota, and North Dakota. The majority of the company's revenue is derived from the Electric segment and commercial customers, although it generates revenue from residential and industrial customers, as well.
81GF Score

Get the complete analysis for FRA:OT4

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

€80.00
Price
€68.21
GF Value