MDB (MongoDB) Cyclically Adjusted PB Ratio: 27.57 (As of Sep. 11, 2026) — Near Median

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MDB MongoDB Inc MDB
86 GF Score
Price $362.21
GF Value $391.32
Valuation Fairly Valued
! 2 Warning Signs
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What is MongoDB Cyclically Adjusted PB Ratio?

MongoDB MDB -3.12% 86 Cyclically Adjusted PB Ratio is 27.57 as of Sep. 11, 2026, which is 2% below its 10-year median of 28.06. GuruFocus rates MDB with a GF Score™ of 86/100 and a GF Value™ of $391.32 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,466 Software companies, MongoDB ranks worse than 97.34% on this metric.

As of today (2026-09-11), MongoDB's current share price is $362.21. MongoDB's Cyclically Adjusted Book per Share for the quarter that ended in Jul. 2026 was $13.14. MongoDB's Cyclically Adjusted PB Ratio for today is 27.57.

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

MDB' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 22.03   Med: 28.06   Max: 35.03
Current: 28.46

During the past years, MongoDB's highest Cyclically Adjusted PB Ratio was 35.03. The lowest was 22.03. And the median was 28.06.

MDB's Cyclically Adjusted PB Ratio is ranked worse than
97.34% of 1466 companies
in the Software industry
Industry Median: 2.37 vs MDB: 28.46

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.

MongoDB's adjusted book value per share data for the three months ended in Jul. 2026 was $36.957. 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 $13.14 for the trailing ten years ended in Jul. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


MongoDB  (NAS:MDB) 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.


MongoDB Cyclically Adjusted PB Ratio Related Terms


MongoDB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for MongoDB'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.

MongoDB Cyclically Adjusted PB Ratio Chart

MongoDB Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

MongoDB Quarterly Data
Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26 Jul26
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 0.00 20.97 25.69

MDB vs TWLO, NTAP, ZS: Cyclically Adjusted PB Ratio Comparison

For the Software - Infrastructure subindustry, MongoDB'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.


MongoDB Cyclically Adjusted PB Ratio vs Software Industry

For the Software industry and Technology sector, MongoDB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


MDB
86GF Score
MongoDB Inc MDB
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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MongoDB 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=362.21/13.14
=27.57

* 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.

MongoDB's Cyclically Adjusted Book per Share for the quarter that ended in Jul. 2026 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Jul. 2026 (Change)*Current CPI (Jul. 2026)
=36.957/333.9180*333.9180
=36.957

Current CPI (Jul. 2026) = 333.9180.

MongoDB Quarterly Data

Book Value per Share CPI Adj_Book
201610 0.000 241.729 0.000
201701 -5.851 242.839 -8.045
201704 0.000 244.524 0.000
201707 0.577 244.786 0.787
201710 4.216 246.663 5.707
201801 4.897 247.867 6.597
201804 3.409 250.546 4.543
201807 4.005 252.006 5.307
201810 3.687 252.885 4.868
201901 4.870 251.712 6.460
201904 4.484 255.548 5.859
201907 4.256 256.571 5.539
201910 3.861 257.346 5.010
202001 1.444 257.971 1.869
202004 1.087 256.389 1.416
202007 0.818 259.101 1.054
202010 0.362 260.388 0.464
202101 -0.005 261.582 -0.006
202104 -4.322 267.054 -5.404
202107 10.188 273.003 12.461
202110 9.936 276.589 11.995
202201 9.885 281.148 11.740
202204 9.886 289.109 11.418
202207 9.728 296.276 10.964
202210 9.880 298.012 11.070
202301 10.578 299.170 11.807
202304 11.235 303.363 12.367
202307 12.406 305.691 13.552
202310 13.446 307.671 14.593
202401 14.696 308.417 15.911
202404 17.304 313.548 18.428
202407 18.453 314.540 19.590
202410 20.189 315.664 21.356
202501 34.576 317.671 36.344
202504 37.116 320.795 38.634
202507 36.090 323.048 37.304
202510 35.503 0.000
202601 36.678 325.252 37.655
202604 36.457 333.020 36.555
202607 36.957 333.918 36.957

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 27.57 mean?
MongoDB (MDB) has a Cyclically Adjusted PB Ratio of 27.57 as of Sep. 11, 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 MongoDB and its competitors. This is near median its historical median of 28.06. Over the past decade, MongoDB's Cyclically Adjusted PB Ratio has ranged from 22.03 to 35.03. According to the industry distribution chart, MongoDB ranks #1427 out of 1466 companies in the Software industry, placing it in the top 97.3%.
Is MongoDB's Cyclically Adjusted PB Ratio too high?
MongoDB's current Cyclically Adjusted PB Ratio of 27.57 is near median its 10-year median of 28.06. Over the past 10 years, this metric has ranged from a low of 22.03 to a high of 35.03. The Software industry median Cyclically Adjusted PB Ratio is 2.37. MongoDB's value of 27.57 is 1063.3% above this industry median. Based on the distribution chart, MongoDB ranks #1427 out of 1466 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, MongoDB has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does MongoDB's Cyclically Adjusted PB Ratio compare to TWLO and NTAP?
According to the Software industry distribution chart, MongoDB ranks #1427 out of 1466 companies for Cyclically Adjusted PB Ratio. This places MongoDB in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.37. MongoDB's value of 27.57 is 1063.3% above this benchmark. Historically, MongoDB's own Cyclically Adjusted PB Ratio has ranged from 22.03 to 35.03 over the past decade. While the company's 10-year median is 28.06 vs. the industry median of 2.37, MongoDB 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 Software company?
The median Cyclically Adjusted PB Ratio among Software companies is 2.37, based on 1,466 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. MongoDB's current Cyclically Adjusted PB Ratio of 27.57 is 1063.3% 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 MongoDB and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MongoDB's current Cyclically Adjusted PB Ratio is 27.57, which is near median its own 10-year median of 28.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MongoDB stock overvalued right now?
Based on GuruFocus' analysis, MongoDB (MDB) is currently considered Fairly Valued. The stock's GF Value™ is $391.32, compared to a current price of $362.21 — trading 7.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 27.57, which is near median its 10-year median of 28.06 and 1063.3% above the Software industry median of 2.37. MongoDB's overall GF Score™ is 86/100 with 2 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 MongoDB (MDB), the current Cyclically Adjusted PB Ratio is 27.57 as of Sep. 11, 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 MongoDB (MDB) Overvalued in 2026?

Based on GuruFocus' analysis, MongoDB stock appears to be undervalued. The current stock price of $362.21 is trading 7.4% below its estimated GF Value™ of $391.32. GuruFocus considers MongoDB to be Fairly Valued.

Key valuation signals for MDB:

  • Cyclically Adjusted PB Ratio: 27.57 (near median its 10-year median of 28.06)
  • GF Value™: $391.32 vs. price of $362.21 (7.4% below fair value)
  • GF Score™: 86/100 with 2 warning signs
  • Industry Position: 1063.3% above the Software median (#1427 of 1466)

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


MongoDB Business Description

Address 1633 Broadway, 38th Floor, New York, NY, USA, 10019
Founded in 2007, MongoDB is a vendor of a document-oriented database that accelerates the development processes of new applications. Enterprise customers can choose between the fully managed offering, MongoDB Atlas, or the self-managed version, MongoDB Enterprise Advanced. MongoDB is a popular tool among developers, and its free Community Server has recorded over 500 million downloads since 2009.
86GF Score

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

$362.21
Price
$391.32
GF Value