MCCK (Mestek) Cyclically Adjusted PB Ratio: 2.75 (As of Jul. 17, 2026)

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Director of Data and Quant Analytics at GuruFocus
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MCCK Mestek Inc MCCK
12 GF Score
Price $71.00
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What is Mestek Cyclically Adjusted PB Ratio?

Mestek MCCK +2.90% 12 Cyclically Adjusted PB Ratio is 2.75 as of Jul. 17, 2026. GuruFocus rates MCCK with a GF Score™ of 12/100.

As of today (2026-07-17), Mestek's current share price is $71.00. Mestek's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 was $25.80. Mestek's Cyclically Adjusted PB Ratio for today is 2.75.

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

MCCK's Cyclically Adjusted PB Ratio is not ranked *
in the Construction industry.
Industry Median: 1.18
* Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.

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.

Mestek's adjusted book value per share data for the three months ended in Sep. 2023 was $43.035. 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 $25.80 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mestek  (OTCPK:MCCK) 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.


Mestek Cyclically Adjusted PB Ratio Related Terms


Mestek Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Mestek'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.

Mestek Cyclically Adjusted PB Ratio Chart

Mestek Annual Data
Trend Dec03 Dec04 Dec05 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.87 1.00 1.09 1.25 1.49

Mestek Quarterly Data
Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Sep22 Sep23
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 1.52 1.53 1.47 0.00 0.87

MCCK vs CSTE, PPIH, INVE: Cyclically Adjusted PB Ratio Comparison

For the Building Products & Equipment subindustry, Mestek'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.


Mestek Cyclically Adjusted PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, Mestek's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


MCCK
12GF Score
Mestek Inc MCCK
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Mestek 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.

Mestek's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=71.00/25.80
=2.75

* 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.

Mestek's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, Mestek's adjusted Book Value per Share data for the three months ended in Sep. 2023 was:

Adj_Book=Book Value per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=43.035/307.7890*307.7890
=43.035

Current CPI (Sep. 2023) = 307.7890.

Mestek Quarterly Data

Book Value per Share CPI Adj_Book
200403 10.887 187.400 17.881
200406 10.852 189.700 17.607
200409 13.166 189.900 21.339
200412 13.378 190.300 21.637
200503 13.668 193.300 21.763
200506 14.012 194.500 22.173
200509 12.013 198.800 18.599
200512 12.014 196.800 18.790
200603 12.056 199.800 18.572
200606 12.385 202.900 18.787
201112 17.132 225.672 23.366
201203 0.000 229.392 0.000
201206 0.000 229.478 0.000
201209 0.000 231.407 0.000
201212 15.898 229.601 21.312
201303 0.000 232.773 0.000
201306 16.685 233.504 21.993
201309 17.457 234.149 22.947
201312 18.228 233.049 24.074
201403 18.573 236.293 24.193
201406 19.154 238.343 24.735
201409 19.865 238.031 25.687
201412 20.380 234.812 26.714
201503 20.829 236.119 27.151
201506 21.162 238.638 27.294
201509 0.000 237.945 0.000
201512 21.197 236.525 27.584
201603 21.978 238.132 28.407
201606 22.708 241.018 28.999
201609 23.221 241.428 29.604
201612 23.429 241.432 29.868
201703 24.110 243.801 30.438
201706 24.649 244.955 30.972
201709 25.335 246.819 31.593
201712 25.668 246.524 32.047
201803 26.292 249.554 32.427
201806 26.531 251.989 32.406
201809 27.176 252.439 33.135
202209 0.000 296.808 0.000
202309 43.035 307.789 43.035

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 2.75 mean?
Mestek (MCCK) has a Cyclically Adjusted PB Ratio of 2.75 as of Jul. 17, 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 Mestek and its competitors.
Is Mestek's Cyclically Adjusted PB Ratio too high?
Mestek's current Cyclically Adjusted PB Ratio is 2.75. The Construction industry median Cyclically Adjusted PB Ratio is 1.18. Mestek's value of 2.75 is 133.1% above this industry median. Overall, Mestek has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Mestek's Cyclically Adjusted PB Ratio compare to CSTE and PPIH?
Mestek's Cyclically Adjusted PB Ratio of 2.75 can be compared against companies in the Construction industry. The industry median Cyclically Adjusted PB Ratio is 1.18. Mestek's value of 2.75 is 133.1% above this benchmark. 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 Construction company?
The median Cyclically Adjusted PB Ratio among Construction companies is 1.18, based on 1,360 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. Mestek's current Cyclically Adjusted PB Ratio of 2.75 is 133.1% 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 Mestek and its competitors. For the Construction industry, the median Cyclically Adjusted PB Ratio is 1.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mestek's current Cyclically Adjusted PB Ratio is 2.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mestek stock overvalued right now?
Mestek (MCCK) has a current Cyclically Adjusted PB Ratio of 2.75. The current Cyclically Adjusted PB Ratio is 2.75 and 133.1% above the Construction industry median of 1.18. Mestek's overall GF Score™ is 12/100. 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 Mestek (MCCK), the current Cyclically Adjusted PB Ratio is 2.75 as of Jul. 17, 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.

Mestek Business Description

Address 260 North Elm Street, Westfield, MA, USA, 01085
Mestek Inc and its subsidiaries manufacture and distribute heating, ventilating, and air conditioning equipment (HVAC), including architectural products and metal forming equipment. The company manufactures its HVAC equipment and metal forming equipment at twelve factory locations and sells through an established distributor, dealer, and manufacturer's representative channels in the United States and Canada. Geographically, it derives a majority of its revenue from North America and also has a presence in Europe, Asia, Mexico, and the Rest of the World.
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Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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