MATV (Mativ Holdings) Cyclically Adjusted PB Ratio: 0.41 (As of Jul. 31, 2026) — 75% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MATV Mativ Holdings Inc MATV
61 GF Score
Price $8.73
GF Value $12.46
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Mativ Holdings Cyclically Adjusted PB Ratio?

Mativ Holdings MATV +1.99% 61 Cyclically Adjusted PB Ratio is 0.41 as of Jul. 31, 2026, which is 75% below its 10-year median of 1.64. GuruFocus rates MATV with a GF Score™ of 61/100 and a GF Value™ of $12.46 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,254 Chemicals companies, Mativ Holdings ranks better than 91.39% on this metric.

As of today (2026-07-31), Mativ Holdings's current share price is $8.73. Mativ Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $21.06. Mativ Holdings's Cyclically Adjusted PB Ratio for today is 0.41.

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

MATV' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.21   Med: 1.64   Max: 3.07
Current: 0.41

During the past years, Mativ Holdings's highest Cyclically Adjusted PB Ratio was 3.07. The lowest was 0.21. And the median was 1.64.

MATV's Cyclically Adjusted PB Ratio is ranked better than
91.39% of 1254 companies
in the Chemicals industry
Industry Median: 1.63 vs MATV: 0.41

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.

Mativ Holdings's adjusted book value per share data for the three months ended in Mar. 2026 was $8.570. 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 $21.06 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mativ Holdings  (NYSE:MATV) 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.


Mativ Holdings Cyclically Adjusted PB Ratio Related Terms


Mativ Holdings Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Mativ Holdings'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.

Mativ Holdings Cyclically Adjusted PB Ratio Chart

Mativ Holdings 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 1.50 0.97 0.71 0.50 0.58

Mativ Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 0.29 0.32 0.53 0.58 0.41

MATV vs GEVO, OEC, ALTO: Cyclically Adjusted PB Ratio Comparison

For the Specialty Chemicals subindustry, Mativ Holdings'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.


Mativ Holdings Cyclically Adjusted PB Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Mativ Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


MATV
61GF Score
Mativ Holdings Inc MATV
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mativ Holdings 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.

Mativ Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=8.73/21.06
=0.41

* 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.

Mativ Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Mativ Holdings's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=8.57/330.2130*330.2130
=8.570

Current CPI (Mar. 2026) = 330.2130.

Mativ Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201606 16.899 241.018 23.153
201609 17.196 241.428 23.520
201612 16.642 241.432 22.762
201703 16.868 243.801 22.847
201706 17.739 244.955 23.913
201709 18.531 246.819 24.792
201712 17.801 246.524 23.844
201803 18.269 249.554 24.174
201806 17.639 251.989 23.115
201809 18.483 252.439 24.177
201812 18.131 251.233 23.831
201903 18.197 254.202 23.638
201906 18.534 256.143 23.894
201909 18.604 256.759 23.926
201912 19.345 256.974 24.858
202003 18.979 258.115 24.280
202006 19.378 257.797 24.821
202009 20.066 260.280 25.457
202012 20.737 260.474 26.289
202103 20.788 264.877 25.916
202106 20.779 271.696 25.254
202109 20.209 274.310 24.327
202112 21.692 278.802 25.692
202203 22.122 287.504 25.408
202206 21.755 296.311 24.244
202209 20.617 296.808 22.937
202212 21.469 296.797 23.886
202303 21.109 301.836 23.094
202306 20.951 305.109 22.675
202309 12.359 307.789 13.259
202312 17.508 306.746 18.847
202403 16.698 312.332 17.654
202406 16.530 314.175 17.374
202409 16.240 315.301 17.008
202412 15.800 315.605 16.531
202503 7.846 319.799 8.101
202506 7.623 322.561 7.804
202509 7.268 324.800 7.389
202512 9.120 324.054 9.293
202603 8.570 330.213 8.570

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 0.41 mean?
Mativ Holdings (MATV) has a Cyclically Adjusted PB Ratio of 0.41 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 Mativ Holdings and its competitors. This is 75% below median its historical median of 1.64. Over the past decade, Mativ Holdings' Cyclically Adjusted PB Ratio has ranged from 0.21 to 3.07. According to the industry distribution chart, Mativ Holdings ranks #108 out of 1254 companies in the Chemicals industry, placing it in the top 8.6%.
Is Mativ Holdings' Cyclically Adjusted PB Ratio too high?
Mativ Holdings' current Cyclically Adjusted PB Ratio of 0.41 is 75% below median its 10-year median of 1.64. Over the past 10 years, this metric has ranged from a low of 0.21 to a high of 3.07. The Chemicals industry median Cyclically Adjusted PB Ratio is 1.63. Mativ Holdings' value of 0.41 is 74.8% below this industry median. Based on the distribution chart, Mativ Holdings ranks #108 out of 1254 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Mativ Holdings has a GF Score™ of 61/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Mativ Holdings' Cyclically Adjusted PB Ratio compare to GEVO and OEC?
According to the Chemicals industry distribution chart, Mativ Holdings ranks #108 out of 1254 companies for Cyclically Adjusted PB Ratio. This places Mativ Holdings in the top 9% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.63. Mativ Holdings' value of 0.41 is 74.8% below this benchmark. Historically, Mativ Holdings' own Cyclically Adjusted PB Ratio has ranged from 0.21 to 3.07 over the past decade. While the company's 10-year median is 1.64 vs. the industry median of 1.63, Mativ Holdings 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 Chemicals company?
The median Cyclically Adjusted PB Ratio among Chemicals companies is 1.63, based on 1,254 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. Mativ Holdings's current Cyclically Adjusted PB Ratio of 0.41 is 74.8% 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 Mativ Holdings and its competitors. For the Chemicals industry, the median Cyclically Adjusted PB Ratio is 1.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mativ Holdings's current Cyclically Adjusted PB Ratio is 0.41, which is 75% below median its own 10-year median of 1.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mativ Holdings stock overvalued right now?
Based on GuruFocus' analysis, Mativ Holdings (MATV) is currently considered Possible Value Trap. The stock's GF Value™ is $12.46, compared to a current price of $8.73 — trading 29.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.41, which is 75% below median its 10-year median of 1.64 and 74.8% below the Chemicals industry median of 1.63. Mativ Holdings' overall GF Score™ is 61/100 with 4 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 Mativ Holdings (MATV), the current Cyclically Adjusted PB Ratio is 0.41 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 Mativ Holdings (MATV) Overvalued in 2026?

Based on GuruFocus' analysis, Mativ Holdings stock appears to be undervalued. The current stock price of $8.73 is trading 29.9% below its estimated GF Value™ of $12.46. GuruFocus considers Mativ Holdings to be Possible Value Trap.

Key valuation signals for MATV:

  • Cyclically Adjusted PB Ratio: 0.41 (75% below median its 10-year median of 1.64)
  • GF Value™: $12.46 vs. price of $8.73 (29.9% below fair value)
  • GF Score™: 61/100 with 4 warning signs
  • Industry Position: 74.8% below the Chemicals median (#108 of 1254)

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


Mativ Holdings Business Description

Other Exchanges MH2:Germany
Address 100 Kimball Pl, Suite 600, Alpharetta, GA, USA, 30009
Mativ Holdings Inc is a leader in specialty materials, solving its customers' complex challenges by engineering bold, inventive solutions that connect, protect, and purify the world. The company operates in two segments, namely Filtration & advanced Materials, focused on filtration media and components, developed films, coating and converting solutions, and extruded mesh products, and (2) Sustainable & Adhesive Solutions (SAS), focused on tapes, labels, liners, specialty paper, packaging, and healthcare solutions.
61GF Score

Get the complete analysis for MATV

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

$8.73
Price
$12.46
GF Value