Zumtobel Group AG (LTS:0MJH) Cyclically Adjusted PB Ratio: 0.42 (As of Aug. 14, 2026) — 46% Below Median

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LTS:0MJH Zumtobel Group AG LTS:0MJH
65 GF Score
Price €4.10
GF Value €4.72
Valuation Modestly Undervalued
! 10 Warning Signs
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What is Zumtobel Group AG Cyclically Adjusted PB Ratio?

Zumtobel Group AG LTS:0MJH +1.23% 65 Cyclically Adjusted PB Ratio is 0.42 as of Aug. 14, 2026, which is 46% below its 10-year median of 0.78. GuruFocus rates LTS:0MJH with a GF Score™ of 65/100 and a GF Value™ of €4.72 (Modestly Undervalued). The stock has 10 warning signs investors should review. Among 2,219 Industrial Products companies, Zumtobel Group AG ranks better than 91.03% on this metric.

As of today (2026-08-14), Zumtobel Group AG's current share price is €4.10. Zumtobel Group AG's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 was €9.74. Zumtobel Group AG's Cyclically Adjusted PB Ratio for today is 0.42.

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

LTS:0MJH' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.34   Med: 0.78   Max: 2.38
Current: 0.42

During the past years, Zumtobel Group AG's highest Cyclically Adjusted PB Ratio was 2.38. The lowest was 0.34. And the median was 0.78.

LTS:0MJH's Cyclically Adjusted PB Ratio is ranked better than
91.03% of 2219 companies
in the Industrial Products industry
Industry Median: 2.17 vs LTS:0MJH: 0.42

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.

Zumtobel Group AG's adjusted book value per share data for the three months ended in Apr. 2026 was €9.937. 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 €9.74 for the trailing ten years ended in Apr. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Zumtobel Group AG  (LTS:0MJH) 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.


Zumtobel Group AG Cyclically Adjusted PB Ratio Related Terms


Zumtobel Group AG Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Zumtobel Group 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.

Zumtobel Group AG Cyclically Adjusted PB Ratio Chart

Zumtobel Group AG Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.82 0.78 0.64 0.48 0.37

Zumtobel Group AG Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 0.48 0.47 0.39 0.37 0.37

LTS:0MJH vs VRT, BE, HUBB: Cyclically Adjusted PB Ratio Comparison

For the Electrical Equipment & Parts subindustry, Zumtobel Group 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.


Zumtobel Group AG Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

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


LTS:0MJH
65GF Score
Zumtobel Group AG LTS:0MJH
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Zumtobel Group 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.10/9.74
=0.42

* 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.

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

For example, Zumtobel Group AG's adjusted Book Value per Share data for the three months ended in Apr. 2026 was:

Adj_Book=Book Value per Share/CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=9.937/142.1600*142.1600
=9.937

Current CPI (Apr. 2026) = 142.1600.

Zumtobel Group AG Quarterly Data

Book Value per Share CPI Adj_Book
201607 7.725 100.692 10.906
201610 7.708 101.492 10.797
201701 7.781 101.792 10.867
201704 7.633 102.791 10.556
201707 7.467 102.691 10.337
201710 7.544 103.691 10.343
201801 7.259 103.591 9.962
201804 6.131 104.691 8.325
201807 6.212 104.891 8.419
201810 6.477 105.991 8.687
201901 6.170 105.491 8.315
201904 6.052 106.491 8.079
201907 6.328 106.391 8.455
201910 6.415 107.191 8.508
202001 6.382 107.591 8.433
202004 6.441 108.024 8.476
202007 6.323 108.132 8.313
202010 6.310 108.564 8.263
202101 6.350 108.456 8.323
202104 7.100 110.078 9.169
202107 7.511 111.268 9.596
202110 7.657 112.565 9.670
202201 7.948 113.863 9.923
202204 8.838 117.972 10.650
202207 9.144 121.756 10.676
202210 9.334 125.000 10.615
202301 9.478 126.622 10.641
202304 9.742 129.326 10.709
202307 9.943 130.299 10.848
202310 9.861 131.704 10.644
202401 9.878 132.461 10.601
202404 9.826 133.759 10.443
202407 10.264 134.083 10.882
202410 10.094 134.083 10.702
202501 10.058 136.679 10.461
202504 10.016 137.976 10.320
202507 9.873 138.949 10.101
202510 10.155 139.490 10.349
202601 10.056 139.390 10.256
202604 9.937 142.160 9.937

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 0.42 mean?
Zumtobel Group AG (LTS:0MJH) has a Cyclically Adjusted PB Ratio of 0.42 as of Aug. 14, 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 Zumtobel Group AG and its competitors. This is 46% below median its historical median of 0.78. Over the past decade, Zumtobel Group AG's Cyclically Adjusted PB Ratio has ranged from 0.34 to 2.38. According to the industry distribution chart, Zumtobel Group AG ranks #199 out of 2219 companies in the Industrial Products industry, placing it in the top 9%.
Is Zumtobel Group AG's Cyclically Adjusted PB Ratio too high?
Zumtobel Group AG's current Cyclically Adjusted PB Ratio of 0.42 is 46% below median its 10-year median of 0.78. Over the past 10 years, this metric has ranged from a low of 0.34 to a high of 2.38. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.17. Zumtobel Group AG's value of 0.42 is 80.6% below this industry median. Based on the distribution chart, Zumtobel Group AG ranks #199 out of 2219 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Zumtobel Group AG has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zumtobel Group AG's Cyclically Adjusted PB Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Zumtobel Group AG ranks #199 out of 2219 companies for Cyclically Adjusted PB Ratio. This places Zumtobel Group AG in the top 9% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 2.17. Zumtobel Group AG's value of 0.42 is 80.6% below this benchmark. Historically, Zumtobel Group AG's own Cyclically Adjusted PB Ratio has ranged from 0.34 to 2.38 over the past decade. While the company's 10-year median is 0.78 vs. the industry median of 2.17, Zumtobel Group 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 an Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.17, based on 2,219 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. Zumtobel Group AG's current Cyclically Adjusted PB Ratio of 0.42 is 80.6% 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 Zumtobel Group AG and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zumtobel Group AG's current Cyclically Adjusted PB Ratio is 0.42, which is 46% below median its own 10-year median of 0.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zumtobel Group AG stock overvalued right now?
Based on GuruFocus' analysis, Zumtobel Group AG (LTS:0MJH) is currently considered Modestly Undervalued. The stock's GF Value™ is €4.72, compared to a current price of €4.10 — trading 13.1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.42, which is 46% below median its 10-year median of 0.78 and 80.6% below the Industrial Products industry median of 2.17. Zumtobel Group AG's overall GF Score™ is 65/100 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 Zumtobel Group AG (LTS:0MJH), the current Cyclically Adjusted PB Ratio is 0.42 as of Aug. 14, 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 Zumtobel Group AG (LTS:0MJH) Overvalued in 2026?

Based on GuruFocus' analysis, Zumtobel Group AG stock appears to be undervalued. The current stock price of €4.10 is trading 13.1% below its estimated GF Value™ of €4.72. GuruFocus considers Zumtobel Group AG to be Modestly Undervalued.

Key valuation signals for LTS:0MJH:

  • Cyclically Adjusted PB Ratio: 0.42 (46% below median its 10-year median of 0.78)
  • GF Value™: €4.72 vs. price of €4.10 (13.1% below fair value)
  • GF Score™: 65/100 with 10 warning signs
  • Industry Position: 80.6% below the Industrial Products median (#199 of 2219)

No single metric tells the full story. See the LTS:0MJH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zumtobel Group AG Business Description

Other Exchanges T9Z:GermanyZAG:Austria
Address Hochster Strasse 8, Dornbirn, AUT, A-6850
Zumtobel Group AG supplies lighting solutions, lighting components, and associated services. The company also manufactures and hardware and software for lighting systems (LED light sources and LED drivers, sensors, and lighting management). It provides consultation on smart lighting controls and emergency lighting systems, light contracting, design services, and project management of turnkey lighting solutions, as well as new, data-based services focused on delivering connectivity for buildings and municipalities via the lighting infrastructure. The operating segments of the group are the Lighting segment and Components segment, of which a majority of revenue is generated from the Lighting segment, The group has a business presence all around the globe.
65GF Score

Get the complete analysis for LTS:0MJH

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

€4.10
Price
€4.72
GF Value