Mind Gym (LSE:MIND) Cyclically Adjusted PB Ratio: 0.57 (As of Jul. 22, 2026) — 38% Below Median

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What is Mind Gym Cyclically Adjusted PB Ratio?

Mind Gym LSE:MIND Cyclically Adjusted PB Ratio is 0.57 as of Jul. 22, 2026, which is 38% below its 10-year median of 0.92. The stock has 3 warning signs investors should review. Among 729 Business Services companies, Mind Gym ranks better than 81.62% on this metric.

As of today (2026-07-22), Mind Gym's current share price is £0.085. Mind Gym's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar26 was £0.15. Mind Gym's Cyclically Adjusted PB Ratio for today is 0.57.

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

LSE:MIND' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.56   Med: 0.92   Max: 1.4
Current: 0.56

During the past 11 years, Mind Gym's highest Cyclically Adjusted PB Ratio was 1.40. The lowest was 0.56. And the median was 0.92.

LSE:MIND's Cyclically Adjusted PB Ratio is ranked better than
81.62% of 729 companies
in the Business Services industry
Industry Median: 1.56 vs LSE:MIND: 0.56

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.

Mind Gym's adjusted book value per share data of for the fiscal year that ended in Mar26 was £-0.016. 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 £0.15 for the trailing ten years ended in Mar26.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mind Gym  (LSE:MIND) 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.


Mind Gym Cyclically Adjusted PB Ratio Related Terms


Mind Gym Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Mind Gym'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.

Mind Gym Cyclically Adjusted PB Ratio Chart

Mind Gym Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 1.41 0.82

Mind Gym Semi-Annual Data
Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 0.00 0.00 1.41 0.00 0.82

LSE:MIND vs CTAS, CPRT, ULS: Cyclically Adjusted PB Ratio Comparison

For the Specialty Business Services subindustry, Mind Gym'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.


Mind Gym Cyclically Adjusted PB Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, Mind Gym's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Mind Gym 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.

Mind Gym's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.085/0.15
=0.57

* 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.

Mind Gym's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar26 is calculated as:

For example, Mind Gym's adjusted Book Value per Share data for the fiscal year that ended in Mar26 was:

Adj_Book=Book Value per Share/CPI of Mar26 (Change)*Current CPI (Mar26)
=-0.016/140.8000*140.8000
=-0.016

Current CPI (Mar26) = 140.8000.

Mind Gym Annual Data

Book Value per Share CPI Adj_Book
201703 0.062 102.700 0.085
201803 0.123 105.100 0.165
201903 0.137 107.000 0.180
202003 0.176 108.600 0.228
202103 0.175 109.700 0.225
202203 0.196 116.500 0.237
202303 0.228 126.800 0.253
202403 0.118 131.600 0.126
202503 0.035 136.100 0.036
202603 -0.016 140.800 -0.016

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 0.57 mean?
Mind Gym (LSE:MIND) has a Cyclically Adjusted PB Ratio of 0.57 as of Jul. 22, 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 Mind Gym and its competitors. This is 38% below median its historical median of 0.92. Over the past decade, Mind Gym's Cyclically Adjusted PB Ratio has ranged from 0.56 to 1.40. According to the industry distribution chart, Mind Gym ranks #134 out of 729 companies in the Business Services industry, placing it in the top 18.4%.
Is Mind Gym's Cyclically Adjusted PB Ratio too high?
Mind Gym's current Cyclically Adjusted PB Ratio of 0.57 is 38% below median its 10-year median of 0.92. Over the past 10 years, this metric has ranged from a low of 0.56 to a high of 1.40. The Business Services industry median Cyclically Adjusted PB Ratio is 1.56. Mind Gym's value of 0.57 is 63.5% below this industry median. Based on the distribution chart, Mind Gym ranks #134 out of 729 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers.
How does Mind Gym's Cyclically Adjusted PB Ratio compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Mind Gym ranks #134 out of 729 companies for Cyclically Adjusted PB Ratio. This places Mind Gym in the top 18% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.56. Mind Gym's value of 0.57 is 63.5% below this benchmark. Historically, Mind Gym's own Cyclically Adjusted PB Ratio has ranged from 0.56 to 1.40 over the past decade. While the company's 10-year median is 0.92 vs. the industry median of 1.56, Mind Gym 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 Business Services company?
The median Cyclically Adjusted PB Ratio among Business Services companies is 1.56, based on 729 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. Mind Gym's current Cyclically Adjusted PB Ratio of 0.57 is 63.5% 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 Mind Gym and its competitors. For the Business Services industry, the median Cyclically Adjusted PB Ratio is 1.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mind Gym's current Cyclically Adjusted PB Ratio is 0.57, which is 38% below median its own 10-year median of 0.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mind Gym stock overvalued right now?
Based on GuruFocus' analysis, Mind Gym (LSE:MIND) is currently considered Possible Value Trap. The stock's GF Value™ is £0.16, compared to a current price of £0.09 — trading 46.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.57, which is 38% below median its 10-year median of 0.92 and 63.5% below the Business Services industry median of 1.56. 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 Mind Gym (LSE:MIND), the current Cyclically Adjusted PB Ratio is 0.57 as of Jul. 22, 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.

Mind Gym Business Description

Address 160 Kensington High Street, London, GBR, W8 7RG
Mind Gym PLC is an international behavioural science company delivering business improvement solutions to companies across the world. The firm provides solutions like performance management, management development, reorganization, personal effectiveness, onboarding, employee engagement, and customer service. The group has two operating segments: EMEA (comprising the United Kingdom, Singapore, and the United Arab Emirates), which derives maximum revenue, and America (comprising the United States and Canada). It derives revenue from the provision of human capital and business improvement solutions.