PWO AG (FRA:PWO) Cyclically Adjusted PB Ratio: 0.47 (As of Aug. 06, 2026) — 36% Below Median

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FRA:PWO PWO AG FRA:PWO
67 GF Score
Price €22.40
GF Value €25.84
Valuation Modestly Undervalued
! 7 Warning Signs
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What is PWO AG Cyclically Adjusted PB Ratio?

PWO AG FRA:PWO 67 Cyclically Adjusted PB Ratio is 0.47 as of Aug. 06, 2026, which is 36% below its 10-year median of 0.73. GuruFocus rates FRA:PWO with a GF Score™ of 67/100 and a GF Value™ of €25.84 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 1,013 Vehicles & Parts companies, PWO AG ranks better than 80.65% on this metric.

As of today (2026-08-06), PWO AG's current share price is €22.40. PWO AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €47.70. PWO AG's Cyclically Adjusted PB Ratio for today is 0.47.

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

FRA:PWO' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.45   Med: 0.73   Max: 1.52
Current: 0.47

During the past years, PWO AG's highest Cyclically Adjusted PB Ratio was 1.52. The lowest was 0.45. And the median was 0.73.

FRA:PWO's Cyclically Adjusted PB Ratio is ranked better than
80.65% of 1013 companies
in the Vehicles & Parts industry
Industry Median: 1.26 vs FRA:PWO: 0.47

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.

PWO AG's adjusted book value per share data for the three months ended in Mar. 2026 was €53.682. 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 €47.70 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


PWO AG  (FRA:PWO) 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.


PWO AG Cyclically Adjusted PB Ratio Related Terms


PWO AG Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for PWO 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.

PWO AG Cyclically Adjusted PB Ratio Chart

PWO 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 0.86 0.77 0.69 0.64 0.61

PWO AG 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 0.62 0.62 0.62 0.61 0.49

FRA:PWO vs ORLY, AZO, GPC: Cyclically Adjusted PB Ratio Comparison

For the Auto Parts subindustry, PWO 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.


PWO AG Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, PWO AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:PWO
67GF Score
PWO AG FRA:PWO
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PWO 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.

PWO AG's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=22.40/47.70
=0.47

* 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.

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

For example, PWO AG'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)
=53.682/131.2583*131.2583
=53.682

Current CPI (Mar. 2026) = 131.2583.

PWO AG Quarterly Data

Book Value per Share CPI Adj_Book
201606 30.668 100.717 39.968
201609 31.209 101.017 40.552
201612 34.092 101.217 44.211
201703 35.392 101.417 45.806
201706 35.370 102.117 45.464
201709 36.318 102.717 46.409
201712 36.970 102.617 47.289
201803 37.337 102.917 47.619
201806 35.932 104.017 45.342
201809 37.022 104.718 46.405
201812 37.751 104.217 47.546
201903 36.596 104.217 46.091
201906 35.375 105.718 43.921
201909 34.144 106.018 42.273
201912 38.249 105.818 47.445
202003 38.302 105.718 47.556
202006 36.750 106.618 45.243
202009 34.083 105.818 42.277
202012 33.428 105.518 41.583
202103 36.181 107.518 44.170
202106 38.059 108.486 46.048
202109 38.645 109.435 46.352
202112 40.096 110.384 47.679
202203 43.839 113.968 50.490
202206 46.485 115.760 52.708
202209 49.060 118.818 54.197
202212 48.421 119.345 53.255
202303 49.290 122.402 52.856
202306 49.055 123.140 52.289
202309 51.289 124.195 54.206
202312 50.091 123.773 53.120
202403 51.129 125.038 53.672
202406 50.730 125.882 52.897
202409 50.294 126.198 52.311
202412 51.930 127.041 53.654
202503 52.954 127.779 54.396
202506 51.440 128.412 52.580
202509 52.668 129.255 53.484
202512 53.084 129.361 53.863
202603 53.682 131.258 53.682

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 0.47 mean?
PWO AG (FRA:PWO) has a Cyclically Adjusted PB Ratio of 0.47 as of Aug. 06, 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 PWO AG and its competitors. This is 36% below median its historical median of 0.73. Over the past decade, PWO AG's Cyclically Adjusted PB Ratio has ranged from 0.45 to 1.52. According to the industry distribution chart, PWO AG ranks #196 out of 1013 companies in the Vehicles & Parts industry, placing it in the top 19.3%.
Is PWO AG's Cyclically Adjusted PB Ratio too high?
PWO AG's current Cyclically Adjusted PB Ratio of 0.47 is 36% below median its 10-year median of 0.73. Over the past 10 years, this metric has ranged from a low of 0.45 to a high of 1.52. The Vehicles & Parts industry median Cyclically Adjusted PB Ratio is 1.26. PWO AG's value of 0.47 is 62.7% below this industry median. Based on the distribution chart, PWO AG ranks #196 out of 1013 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, PWO AG has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PWO AG's Cyclically Adjusted PB Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, PWO AG ranks #196 out of 1013 companies for Cyclically Adjusted PB Ratio. This places PWO AG in the top 19% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.26. PWO AG's value of 0.47 is 62.7% below this benchmark. Historically, PWO AG's own Cyclically Adjusted PB Ratio has ranged from 0.45 to 1.52 over the past decade. While the company's 10-year median is 0.73 vs. the industry median of 1.26, PWO 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 Vehicles & Parts company?
The median Cyclically Adjusted PB Ratio among Vehicles & Parts companies is 1.26, based on 1,013 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. PWO AG's current Cyclically Adjusted PB Ratio of 0.47 is 62.7% 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 PWO AG and its competitors. For the Vehicles & Parts industry, the median Cyclically Adjusted PB Ratio is 1.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PWO AG's current Cyclically Adjusted PB Ratio is 0.47, which is 36% below median its own 10-year median of 0.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PWO AG stock overvalued right now?
Based on GuruFocus' analysis, PWO AG (FRA:PWO) is currently considered Modestly Undervalued. The stock's GF Value™ is €25.84, compared to a current price of €22.40 — trading 13.3% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.47, which is 36% below median its 10-year median of 0.73 and 62.7% below the Vehicles & Parts industry median of 1.26. PWO AG's overall GF Score™ is 67/100 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 PWO AG (FRA:PWO), the current Cyclically Adjusted PB Ratio is 0.47 as of Aug. 06, 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 PWO AG (FRA:PWO) Overvalued in 2026?

Based on GuruFocus' analysis, PWO AG stock appears to be undervalued. The current stock price of €22.40 is trading 13.3% below its estimated GF Value™ of €25.84. GuruFocus considers PWO AG to be Modestly Undervalued.

Key valuation signals for FRA:PWO:

  • Cyclically Adjusted PB Ratio: 0.47 (36% below median its 10-year median of 0.73)
  • GF Value™: €25.84 vs. price of €22.40 (13.3% below fair value)
  • GF Score™: 67/100 with 7 warning signs
  • Industry Position: 62.7% below the Vehicles & Parts median (#196 of 1013)

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


PWO AG Business Description

Other Exchanges PWO:Germany
Address Industriestrasse 8, Oberkirch, DEU, 77704
PWO AG is a supplier to the automotive industry. It develops and manufactures metal components and systems in lightweight construction for automobile safety and comfort. The company produces mechanical components for electrical and electronic applications, including electric motor housings, components for electric drives, housings for electronic control units, and various other circular components.
67GF Score

Get the complete analysis for FRA:PWO

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

€22.40
Price
€25.84
GF Value