Wacker Neuson SE (FRA:WAC) Cyclically Adjusted PB Ratio: 0.94 (As of Jul. 21, 2026) — 12% Below Median

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FRA:WAC Wacker Neuson SE FRA:WAC
81 GF Score
Price €20.45
GF Value €17.76
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Wacker Neuson SE Cyclically Adjusted PB Ratio?

Wacker Neuson SE FRA:WAC -1.21% 81 Cyclically Adjusted PB Ratio is 0.94 as of Jul. 21, 2026, which is 12% below its 10-year median of 1.07. GuruFocus rates FRA:WAC with a GF Score™ of 81/100 and a GF Value™ of €17.76 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 167 Farm & Heavy Construction Machinery companies, Wacker Neuson SE ranks better than 73.65% on this metric.

As of today (2026-07-21), Wacker Neuson SE's current share price is €20.45. Wacker Neuson SE's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €21.81. Wacker Neuson SE's Cyclically Adjusted PB Ratio for today is 0.94.

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

FRA:WAC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.56   Med: 1.07   Max: 2.41
Current: 0.97

During the past years, Wacker Neuson SE's highest Cyclically Adjusted PB Ratio was 2.41. The lowest was 0.56. And the median was 1.07.

FRA:WAC's Cyclically Adjusted PB Ratio is ranked better than
73.65% of 167 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.61 vs FRA:WAC: 0.97

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.

Wacker Neuson SE's adjusted book value per share data for the three months ended in Mar. 2026 was €22.739. 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 €21.81 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Wacker Neuson SE  (FRA:WAC) 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.


Wacker Neuson SE Cyclically Adjusted PB Ratio Related Terms


Wacker Neuson SE Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Wacker Neuson SE'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.

Wacker Neuson SE Cyclically Adjusted PB Ratio Chart

Wacker Neuson SE 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 1.50 0.88 0.92 0.71 1.15

Wacker Neuson SE 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 1.00 1.15 1.03 1.15 0.83

FRA:WAC vs CAT, DE, PCAR: Cyclically Adjusted PB Ratio Comparison

For the Farm & Heavy Construction Machinery subindustry, Wacker Neuson SE'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.


Wacker Neuson SE Cyclically Adjusted PB Ratio vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Wacker Neuson SE's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:WAC
81GF Score
Wacker Neuson SE FRA:WAC
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Wacker Neuson SE 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.

Wacker Neuson SE's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=20.45/21.81
=0.94

* 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.

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

For example, Wacker Neuson SE'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)
=22.739/131.2583*131.2583
=22.739

Current CPI (Mar. 2026) = 131.2583.

Wacker Neuson SE Quarterly Data

Book Value per Share CPI Adj_Book
201606 14.999 100.717 19.547
201609 15.139 101.017 19.671
201612 15.499 101.217 20.099
201703 15.691 101.417 20.308
201706 15.427 102.117 19.829
201709 15.719 102.717 20.087
201712 15.878 102.617 20.310
201803 16.019 102.917 20.430
201806 16.697 104.017 21.070
201809 17.110 104.718 21.447
201812 17.414 104.217 21.932
201903 17.690 104.217 22.280
201906 16.932 105.718 21.023
201909 17.354 106.018 21.486
201912 17.465 105.818 21.664
202003 17.616 105.718 21.872
202006 17.705 106.618 21.797
202009 17.749 105.818 22.016
202012 17.367 105.518 21.604
202103 17.897 107.518 21.849
202106 17.672 108.486 21.382
202109 18.521 109.435 22.214
202112 18.911 110.384 22.487
202203 19.469 113.968 22.423
202206 19.385 115.760 21.980
202209 20.062 118.818 22.163
202212 20.475 119.345 22.519
202303 21.341 122.402 22.885
202306 21.231 123.140 22.631
202309 21.900 124.195 23.146
202312 22.008 123.773 23.339
202403 22.416 125.038 23.531
202406 21.776 125.882 22.706
202409 21.823 126.198 22.698
202412 22.022 127.041 22.753
202503 22.035 127.779 22.635
202506 21.600 128.412 22.079
202509 21.972 129.255 22.313
202512 22.261 129.361 22.588
202603 22.739 131.258 22.739

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 0.94 mean?
Wacker Neuson SE (FRA:WAC) has a Cyclically Adjusted PB Ratio of 0.94 as of Jul. 21, 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 Wacker Neuson SE and its competitors. This is 12% below median its historical median of 1.07. Over the past decade, Wacker Neuson SE's Cyclically Adjusted PB Ratio has ranged from 0.56 to 2.41. According to the industry distribution chart, Wacker Neuson SE ranks #44 out of 167 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 26.3%.
Is Wacker Neuson SE's Cyclically Adjusted PB Ratio too high?
Wacker Neuson SE's current Cyclically Adjusted PB Ratio of 0.94 is 12% below median its 10-year median of 1.07. Over the past 10 years, this metric has ranged from a low of 0.56 to a high of 2.41. The Farm & Heavy Construction Machinery industry median Cyclically Adjusted PB Ratio is 1.61. Wacker Neuson SE's value of 0.94 is 41.6% below this industry median. Based on the distribution chart, Wacker Neuson SE ranks #44 out of 167 companies in the Farm & Heavy Construction Machinery industry, which is above the industry midpoint. Overall, Wacker Neuson SE has a GF Score™ of 81/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Wacker Neuson SE's Cyclically Adjusted PB Ratio compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Wacker Neuson SE ranks #44 out of 167 companies for Cyclically Adjusted PB Ratio. This puts Wacker Neuson SE in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.61. Wacker Neuson SE's value of 0.94 is 41.6% below this benchmark. Historically, Wacker Neuson SE's own Cyclically Adjusted PB Ratio has ranged from 0.56 to 2.41 over the past decade. While the company's 10-year median is 1.07 vs. the industry median of 1.61, Wacker Neuson SE 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 Farm & Heavy Construction Machinery company?
The median Cyclically Adjusted PB Ratio among Farm & Heavy Construction Machinery companies is 1.61, based on 167 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. Wacker Neuson SE's current Cyclically Adjusted PB Ratio of 0.94 is 41.6% 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 Wacker Neuson SE and its competitors. For the Farm & Heavy Construction Machinery industry, the median Cyclically Adjusted PB Ratio is 1.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wacker Neuson SE's current Cyclically Adjusted PB Ratio is 0.94, which is 12% below 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 Wacker Neuson SE stock overvalued right now?
Based on GuruFocus' analysis, Wacker Neuson SE (FRA:WAC) is currently considered Modestly Overvalued. The stock's GF Value™ is €17.76, compared to a current price of €20.45 — trading 15.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.94, which is 12% below median its 10-year median of 1.07 and 41.6% below the Farm & Heavy Construction Machinery industry median of 1.61. Wacker Neuson SE's overall GF Score™ is 81/100 with 4 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 Wacker Neuson SE (FRA:WAC), the current Cyclically Adjusted PB Ratio is 0.94 as of Jul. 21, 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 Wacker Neuson SE (FRA:WAC) Overvalued in 2026?

Based on GuruFocus' analysis, Wacker Neuson SE stock appears to be overvalued. The current stock price of €20.45 is trading 15.1% above its estimated GF Value™ of €17.76. GuruFocus considers Wacker Neuson SE to be Modestly Overvalued.

Key valuation signals for FRA:WAC:

  • Cyclically Adjusted PB Ratio: 0.94 (12% below median its 10-year median of 1.07)
  • GF Value™: €17.76 vs. price of €20.45 (15.1% above fair value)
  • GF Score™: 81/100 with 4 warning signs
  • Industry Position: 41.6% below the Farm & Heavy Construction Machinery median (#44 of 167)

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


Wacker Neuson SE Business Description

Other Exchanges WKRCF:USA0K11:UKWAC:Germany
Address Preussenstrasse 41, Munich, DEU, 80809
Wacker Neuson SE is an international manufacturer of light and compact equipment, offering multiple products and services under key brands such as Wacker Neuson, Kramer, Weidemann, and Enar, along with investments like BatteryOne and Sequello. The Group operates through three main segments, including light equipment, compact equipment, and services. The compact equipment segment, comprising excavators, wheel loaders, and telehandlers, generates the highest revenue. The services segment includes repair and maintenance, spare parts, rental, leasing, and financing, and digital solutions. The company operates globally across Europe, the Americas, and the Asia Pacific, with Europe accounting for the maximum share of revenue.
81GF Score

Get the complete analysis for FRA:WAC

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

€20.45
Price
€17.76
GF Value