Mincon Group (LSE:MCON) Cyclically Adjusted PB Ratio: 1.02 (As of Aug. 02, 2026) — 37% Below Median

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LSE:MCON Mincon Group PLC LSE:MCON
56 GF Score
Price £0.60
GF Value £0.41
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Mincon Group Cyclically Adjusted PB Ratio?

Mincon Group LSE:MCON 56 Cyclically Adjusted PB Ratio is 1.02 as of Aug. 02, 2026, which is 37% below its 10-year median of 1.63. GuruFocus rates LSE:MCON with a GF Score™ of 56/100 and a GF Value™ of £0.41 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,262 Industrial Products companies, Mincon Group ranks better than 77.54% on this metric.

As of today (2026-08-02), Mincon Group's current share price is £0.60. Mincon Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was £0.59. Mincon Group's Cyclically Adjusted PB Ratio for today is 1.02.

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

LSE:MCON' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.42   Med: 1.63   Max: 3.29
Current: 0.92

During the past 13 years, Mincon Group's highest Cyclically Adjusted PB Ratio was 3.29. The lowest was 0.42. And the median was 1.63.

LSE:MCON's Cyclically Adjusted PB Ratio is ranked better than
77.54% of 2262 companies
in the Industrial Products industry
Industry Median: 2.075 vs LSE:MCON: 0.92

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.

Mincon Group's adjusted book value per share data of for the fiscal year that ended in Dec25 was £0.613. 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 £0.59 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mincon Group  (LSE:MCON) 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.


Mincon Group Cyclically Adjusted PB Ratio Related Terms


Mincon Group Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Mincon 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.

Mincon Group Cyclically Adjusted PB Ratio Chart

Mincon 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 2.48 1.62 0.96 0.54 0.76

Mincon Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 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 0.96 0.00 0.54 0.00 0.76

LSE:MCON vs SNA, RBC, SWK: Cyclically Adjusted PB Ratio Comparison

For the Tools & Accessories subindustry, Mincon 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.


Mincon Group Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

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


LSE:MCON
56GF Score
Mincon Group PLC LSE:MCON
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mincon 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.60/0.59
=1.02

* 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.

Mincon Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Mincon Group's adjusted Book Value per Share data for the fiscal year that ended in Dec25 was:

Adj_Book=Book Value per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=0.613/125.7700*125.7700
=0.613

Current CPI (Dec25) = 125.7700.

Mincon Group Annual Data

Book Value per Share CPI Adj_Book
201612 0.422 99.676 0.532
201712 0.450 100.075 0.566
201812 0.494 100.773 0.617
201912 0.502 102.068 0.619
202012 0.568 101.072 0.707
202112 0.576 106.653 0.679
202212 0.629 115.436 0.685
202312 0.625 120.749 0.651
202412 0.594 122.439 0.610
202512 0.613 125.770 0.613

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 1.02 mean?
Mincon Group (LSE:MCON) has a Cyclically Adjusted PB Ratio of 1.02 as of Aug. 02, 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 Mincon Group and its competitors. This is 37% below median its historical median of 1.63. Over the past decade, Mincon Group's Cyclically Adjusted PB Ratio has ranged from 0.42 to 3.29. According to the industry distribution chart, Mincon Group ranks #508 out of 2262 companies in the Industrial Products industry, placing it in the top 22.5%.
Is Mincon Group's Cyclically Adjusted PB Ratio too high?
Mincon Group's current Cyclically Adjusted PB Ratio of 1.02 is 37% below median its 10-year median of 1.63. Over the past 10 years, this metric has ranged from a low of 0.42 to a high of 3.29. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.08. Mincon Group's value of 1.02 is 50.8% below this industry median. Based on the distribution chart, Mincon Group ranks #508 out of 2262 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Mincon Group has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mincon Group's Cyclically Adjusted PB Ratio compare to SNA and RBC?
According to the Industrial Products industry distribution chart, Mincon Group ranks #508 out of 2262 companies for Cyclically Adjusted PB Ratio. This places Mincon Group in the top 23% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 2.08. Mincon Group's value of 1.02 is 50.8% below this benchmark. Historically, Mincon Group's own Cyclically Adjusted PB Ratio has ranged from 0.42 to 3.29 over the past decade. While the company's 10-year median is 1.63 vs. the industry median of 2.08, Mincon Group 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 2,262 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. Mincon Group's current Cyclically Adjusted PB Ratio of 1.02 is 50.8% 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 Mincon Group 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. Mincon Group's current Cyclically Adjusted PB Ratio is 1.02, which is 37% below median its own 10-year median of 1.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mincon Group stock overvalued right now?
Based on GuruFocus' analysis, Mincon Group (LSE:MCON) is currently considered Significantly Overvalued. The stock's GF Value™ is £0.41, compared to a current price of £0.60 — trading 46.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.02, which is 37% below median its 10-year median of 1.63 and 50.8% below the Industrial Products industry median of 2.08. Mincon Group's overall GF Score™ is 56/100 with 5 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 Mincon Group (LSE:MCON), the current Cyclically Adjusted PB Ratio is 1.02 as of Aug. 02, 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 Mincon Group (LSE:MCON) Overvalued in 2026?

Based on GuruFocus' analysis, Mincon Group stock appears to be overvalued. The current stock price of £0.60 is trading 46.3% above its estimated GF Value™ of £0.41. GuruFocus considers Mincon Group to be Significantly Overvalued.

Key valuation signals for LSE:MCON:

  • Cyclically Adjusted PB Ratio: 1.02 (37% below median its 10-year median of 1.63)
  • GF Value™: £0.41 vs. price of £0.60 (46.3% above fair value)
  • GF Score™: 56/100 with 5 warning signs
  • Industry Position: 50.8% below the Industrial Products median (#508 of 2262)

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


Mincon Group Business Description

Other Exchanges MIO:Ireland
Address Smithstown Industrial Estate, County Clare, Shannon, IRL
Mincon Group PLC designs, produces, and sells rock drilling tools. Its products are used in the mining exploration, oil and gas production, water well drilling, geothermal drilling, and seismic drilling sectors. Mincon's product offerings include conventional down-the-hole hammers, inverted circulation down-the-hole hammers, horizontal directional drilling systems, mast integration systems, drill pipes, and shock absorbers, among others. It also provides training, after-sales support, and related services to customers through its network of sales and distribution companies. Maximum revenue is derived from the sale of drilling equipment. Geographically, the company generates maximum revenue from Europe, Middle East, Africa (EMEA), followed by the Americas, Australasia, and Ireland.
56GF Score

Get the complete analysis for LSE:MCON

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

£0.60
Price
£0.41
GF Value