HI (Hillenbrand) Cyclically Adjusted PB Ratio: 1.76 (As of Jul. 31, 2026) — 48% Below Median

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HI Hillenbrand Inc HI
54 GF Score
Price $31.98
GF Value $29.58
! 10 Warning Signs
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What is Hillenbrand Cyclically Adjusted PB Ratio?

Hillenbrand HI 54 Cyclically Adjusted PB Ratio is 1.76 as of Jul. 31, 2026, which is 48% below its 10-year median of 3.36. GuruFocus rates HI with a GF Score™ of 54/100 and a GF Value™ of $29.58. The stock has 10 warning signs investors should review.

As of today (2026-07-31), Hillenbrand's current share price is $31.98. Hillenbrand's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was $18.12. Hillenbrand's Cyclically Adjusted PB Ratio for today is 1.76.

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

HI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.08   Med: 3.36   Max: 5.87
Current: 1.76

During the past years, Hillenbrand's highest Cyclically Adjusted PB Ratio was 5.87. The lowest was 1.08. And the median was 3.36.

HI's Cyclically Adjusted PB Ratio is not ranked
in the Industrial Products industry.
Industry Median: 2.08 vs HI: 1.76

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.

Hillenbrand's adjusted book value per share data for the three months ended in Dec. 2025 was $19.531. 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 $18.12 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hillenbrand  (NYSE:HI) 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.


Hillenbrand Cyclically Adjusted PB Ratio Related Terms


Hillenbrand Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Hillenbrand'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.

Hillenbrand Cyclically Adjusted PB Ratio Chart

Hillenbrand Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.50 2.65 2.73 1.65 1.50

Hillenbrand Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 1.81 1.39 1.13 1.50 1.75

HI vs EPAC, HLIO, PSIX: Cyclically Adjusted PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, Hillenbrand'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.


Hillenbrand Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hillenbrand's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


HI
54GF Score
Hillenbrand Inc HI
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Hillenbrand 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.

Hillenbrand's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=31.98/18.12
=1.76

* 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.

Hillenbrand's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, Hillenbrand's adjusted Book Value per Share data for the three months ended in Dec. 2025 was:

Adj_Book=Book Value per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=19.531/324.0540*324.0540
=19.531

Current CPI (Dec. 2025) = 324.0540.

Hillenbrand Quarterly Data

Book Value per Share CPI Adj_Book
201603 9.851 238.132 13.405
201606 9.890 241.018 13.297
201609 10.037 241.428 13.472
201612 9.992 241.432 13.411
201703 10.378 243.801 13.794
201706 11.049 244.955 14.617
201709 11.908 246.819 15.634
201712 11.932 246.524 15.685
201803 11.432 249.554 14.845
201806 11.177 251.989 14.373
201809 11.735 252.439 15.064
201812 11.752 251.233 15.158
201903 12.089 254.202 15.411
201906 12.479 256.143 15.788
201909 12.027 256.759 15.179
201912 15.088 256.974 19.027
202003 13.507 258.115 16.958
202006 13.877 257.797 17.444
202009 14.158 260.280 17.627
202012 15.791 260.474 19.645
202103 16.149 264.877 19.757
202106 16.557 271.696 19.748
202109 16.638 274.310 19.655
202112 16.978 278.802 19.734
202203 17.327 287.504 19.530
202206 16.169 296.311 17.683
202209 15.717 296.808 17.160
202212 16.776 296.797 18.317
202303 23.500 301.836 25.230
202306 23.662 305.109 25.131
202309 23.323 307.789 24.555
202312 24.088 306.746 25.447
202403 23.536 312.332 24.419
202406 20.078 314.175 20.709
202409 20.263 315.301 20.826
202412 19.621 315.605 20.146
202503 18.848 319.799 19.099
202506 18.700 322.561 18.787
202509 19.670 324.800 19.625
202512 19.531 324.054 19.531

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 1.76 mean?
Hillenbrand (HI) has a Cyclically Adjusted PB Ratio of 1.76 as of Jul. 31, 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 Hillenbrand and its competitors. This is 48% below median its historical median of 3.36. Over the past decade, Hillenbrand's Cyclically Adjusted PB Ratio has ranged from 1.08 to 5.87.
Is Hillenbrand's Cyclically Adjusted PB Ratio too high?
Hillenbrand's current Cyclically Adjusted PB Ratio of 1.76 is 48% below median its 10-year median of 3.36. Over the past 10 years, this metric has ranged from a low of 1.08 to a high of 5.87. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.08. Hillenbrand's value of 1.76 is 15.4% below this industry median. Overall, Hillenbrand has a GF Score™ of 54/100, reflecting its overall financial health beyond just this single metric.
How does Hillenbrand's Cyclically Adjusted PB Ratio compare to EPAC and HLIO?
Hillenbrand's Cyclically Adjusted PB Ratio of 1.76 can be compared against companies in the Industrial Products industry. The industry median Cyclically Adjusted PB Ratio is 2.08. Hillenbrand's value of 1.76 is 15.4% below this benchmark. Historically, Hillenbrand's own Cyclically Adjusted PB Ratio has ranged from 1.08 to 5.87 over the past decade. While the company's 10-year median is 3.36 vs. the industry median of 2.08, Hillenbrand 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 an Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.08, based on 2,266 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. Hillenbrand's current Cyclically Adjusted PB Ratio of 1.76 is 15.4% 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 Hillenbrand and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hillenbrand's current Cyclically Adjusted PB Ratio is 1.76, which is 48% below median its own 10-year median of 3.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hillenbrand stock overvalued right now?
Hillenbrand (HI) has a current Cyclically Adjusted PB Ratio of 1.76. The stock's GF Value™ is $29.58, compared to a current price of $31.98 — trading 8.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.76, which is 48% below median its 10-year median of 3.36 and 15.4% below the Industrial Products industry median of 2.08. Hillenbrand's overall GF Score™ is 54/100 with 10 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 Hillenbrand (HI), the current Cyclically Adjusted PB Ratio is 1.76 as of Jul. 31, 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 Hillenbrand (HI) Overvalued in 2026?

Based on GuruFocus' analysis, Hillenbrand stock appears to be overvalued. The current stock price of $31.98 is trading 8.1% above its estimated GF Value™ of $29.58.

Key valuation signals for HI:

  • Cyclically Adjusted PB Ratio: 1.76 (48% below median its 10-year median of 3.36)
  • GF Value™: $29.58 vs. price of $31.98 (8.1% above fair value)
  • GF Score™: 54/100 with 10 warning signs
  • Industry Position: 15.4% below the Industrial Products median

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


Hillenbrand Business Description

Address One Batesville Boulevard, Batesville, IN, USA, 47006
Hillenbrand Inc is a industrial company that provides engineered processing equipment and solutions to customers around the world. The company operates through two segments. The Advanced Process Solutions segment designs, develops, manufactures, and services engineered industrial equipment and also provider of engineered process and material handling equipment, systems, and aftermarket parts and services for a variety of industries, including durable plastics, food, and recycling. Molding Technology Solutions has a comprehensive product portfolio that includes injection molding and extrusion equipment, It earns it revenue from Advanced Process Solutions, and Geographically from America, following by Asia and EMEA.
54GF Score

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

$31.98
Price
$29.58
GF Value