Muehlbauer Holding AG (LTS:0O2Z) Cyclically Adjusted PB Ratio: 2.28 (As of Jun. 25, 2026) — Near Median


LTS:0O2Z Muehlbauer Holding AG LTS:0O2Z
77 GF Score
Price €38.80
GF Value €59.26
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Muehlbauer Holding AG Cyclically Adjusted PB Ratio?

Muehlbauer Holding AG LTS:0O2Z 77 Cyclically Adjusted PB Ratio is 2.28 as of Jun. 25, 2026, which is 8% below its 10-year median of 2.49. GuruFocus rates LTS:0O2Z with a GF Score™ of 77/100 and a GF Value™ of €59.26 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,978 Hardware companies, Muehlbauer Holding AG ranks better than 50.56% on this metric.

As of today (2026-06-25), Muehlbauer Holding AG's current share price is €38.80. Muehlbauer Holding AG's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was €17.03. Muehlbauer Holding AG's Cyclically Adjusted PB Ratio for today is 2.28.

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

LTS:0O2Z' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.65   Med: 2.49   Max: 4.54
Current: 2.23

During the past 13 years, Muehlbauer Holding AG's highest Cyclically Adjusted PB Ratio was 4.54. The lowest was 1.65. And the median was 2.49.

LTS:0O2Z's Cyclically Adjusted PB Ratio is ranked better than
50.56% of 1978 companies
in the Hardware industry
Industry Median: 2.25 vs LTS:0O2Z: 2.23

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.

Muehlbauer Holding AG's adjusted book value per share data of for the fiscal year that ended in Dec25 was €18.040. 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 €17.03 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Muehlbauer Holding AG  (LTS:0O2Z) 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.


Muehlbauer Holding AG Cyclically Adjusted PB Ratio Related Terms


Muehlbauer Holding AG Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Muehlbauer Holding 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.

Muehlbauer Holding AG Cyclically Adjusted PB Ratio Chart

Muehlbauer Holding AG 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 3.85 4.27 3.70 2.39 2.27

Muehlbauer Holding AG 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 3.70 0.00 2.39 0.00 2.27

LTS:0O2Z vs DELL, SNDK, ANET: Cyclically Adjusted PB Ratio Comparison

For the Computer Hardware subindustry, Muehlbauer Holding 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.


Muehlbauer Holding AG Cyclically Adjusted PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Muehlbauer Holding AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


LTS:0O2Z
77GF Score
Muehlbauer Holding AG LTS:0O2Z
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Muehlbauer Holding 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.

Muehlbauer Holding AG's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=38.80/17.03
=2.28

* 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.

Muehlbauer Holding AG's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Muehlbauer Holding AG'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)
=18.04/129.3606*129.3606
=18.040

Current CPI (Dec25) = 129.3606.

Muehlbauer Holding AG Annual Data

Book Value per Share CPI Adj_Book
201612 11.142 101.217 14.240
201712 11.049 102.617 13.929
201812 12.535 104.217 15.559
201912 14.133 105.818 17.277
202012 14.770 105.518 18.107
202112 17.559 110.384 20.578
202212 15.788 119.345 17.113
202312 17.981 123.773 18.793
202412 18.084 127.041 18.414
202512 18.040 129.361 18.040

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 2.28 mean?
Muehlbauer Holding AG (LTS:0O2Z) has a Cyclically Adjusted PB Ratio of 2.28 as of Jun. 25, 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 Muehlbauer Holding AG and its competitors. This is near median its historical median of 2.49. Over the past decade, Muehlbauer Holding AG's Cyclically Adjusted PB Ratio has ranged from 1.65 to 4.54. According to the industry distribution chart, Muehlbauer Holding AG ranks #978 out of 1978 companies in the Hardware industry, placing it in the top 49.4%.
Is Muehlbauer Holding AG's Cyclically Adjusted PB Ratio too high?
Muehlbauer Holding AG's current Cyclically Adjusted PB Ratio of 2.28 is near median its 10-year median of 2.49. Over the past 10 years, this metric has ranged from a low of 1.65 to a high of 4.54. The Hardware industry median Cyclically Adjusted PB Ratio is 2.25. Muehlbauer Holding AG's value of 2.28 is 1.3% above this industry median. Based on the distribution chart, Muehlbauer Holding AG ranks #978 out of 1978 companies in the Hardware industry, which is above the industry midpoint. Overall, Muehlbauer Holding AG has a GF Score™ of 77/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Muehlbauer Holding AG's Cyclically Adjusted PB Ratio compare to DELL and SNDK?
According to the Hardware industry distribution chart, Muehlbauer Holding AG ranks #978 out of 1978 companies for Cyclically Adjusted PB Ratio. This puts Muehlbauer Holding AG in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.25. Muehlbauer Holding AG's value of 2.28 is 1.3% above this benchmark. Historically, Muehlbauer Holding AG's own Cyclically Adjusted PB Ratio has ranged from 1.65 to 4.54 over the past decade. While the company's 10-year median is 2.49 vs. the industry median of 2.25, Muehlbauer Holding AG has consistently been above 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 Hardware company?
The median Cyclically Adjusted PB Ratio among Hardware companies is 2.25, based on 1,978 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. Muehlbauer Holding AG's current Cyclically Adjusted PB Ratio of 2.28 is 1.3% above 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 Muehlbauer Holding AG and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Muehlbauer Holding AG's current Cyclically Adjusted PB Ratio is 2.28, which is near median its own 10-year median of 2.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Muehlbauer Holding AG stock overvalued right now?
Based on GuruFocus' analysis, Muehlbauer Holding AG (LTS:0O2Z) is currently considered Significantly Undervalued. The stock's GF Value™ is €59.26, compared to a current price of €38.80 — trading 34.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.28, which is near median its 10-year median of 2.49 and 1.3% above the Hardware industry median of 2.25. Muehlbauer Holding AG's overall GF Score™ is 77/100 with 3 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 Muehlbauer Holding AG (LTS:0O2Z), the current Cyclically Adjusted PB Ratio is 2.28 as of Jun. 25, 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 Muehlbauer Holding AG (LTS:0O2Z) Overvalued in 2026?

Based on GuruFocus' analysis, Muehlbauer Holding AG stock appears to be undervalued. The current stock price of €38.80 is trading 34.5% below its estimated GF Value™ of €59.26. GuruFocus considers Muehlbauer Holding AG to be Significantly Undervalued.

Key valuation signals for LTS:0O2Z:

  • Cyclically Adjusted PB Ratio: 2.28 (near median its 10-year median of 2.49)
  • GF Value™: €59.26 vs. price of €38.80 (34.5% below fair value)
  • GF Score™: 77/100 with 3 warning signs
  • Industry Position: 1.3% above the Hardware median (#978 of 1978)

No single metric tells the full story. See the LTS:0O2Z stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Muehlbauer Holding AG Business Description

Other Exchanges MUB:Germany
Address Josef Muhlbauer Platz 1, Roding, DEU, 93426
Muehlbauer Holding AG is a German-based technology solutions provider with operations spread across multiple continents. Its business is segregated into three divisions; Precision Parts, Production Equipment and Government Solutions. The Precision Parts segment is associated with precision engineering and surface engineering. The Productions Equipment segment offers die sorting, smart cards, flexible solar technology and RFID/Smart Label technologies and the Government Solutions segment focuses on Identity document (ID) card solutions, document verification solutions, productions facility solutions, border management solutions and e-government solutions.
77GF Score

Get the complete analysis for LTS:0O2Z

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

€38.80
Price
€59.26
GF Value