Cintas (MEX:CTAS) Cyclically Adjusted PB Ratio: (As of Jul. 16, 2026)

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.

MEX:CTAS Cintas Corp MEX:CTAS
84 GF Score
Price MXN3,162.25
GF Value MXN3,259.74
Valuation Fairly Valued
! 1 Warning Sign
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What is Cintas Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Cintas  (MEX:CTAS) 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.


Cintas Cyclically Adjusted PB Ratio Related Terms


Cintas Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Cintas'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.

Cintas Cyclically Adjusted PB Ratio Chart

Cintas Annual Data
Trend May17 May18 May19 May20 May21 May22 May23 May24 May25 May26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.91 15.21 20.09 24.84 0.00

Cintas Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 24.84 22.49 19.64 20.75 0.00

MEX:CTAS vs CPRT, ULS, GPN: Cyclically Adjusted PB Ratio Comparison

For the Specialty Business Services subindustry, Cintas'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.


Cintas Cyclically Adjusted PB Ratio vs Business Services Industry

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

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


MEX:CTAS
84GF Score
Cintas Corp MEX:CTAS
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cintas 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.

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

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

Adj_Book=Book Value per Share/CPI of May. 2026 (Change)*Current CPI (May. 2026)
=220.565/335.1230*335.1230
=220.565

Current CPI (May. 2026) = 335.1230.

Cintas Quarterly Data

Book Value per Share CPI Adj_Book
201608 89.272 240.849 124.215
201611 98.655 241.353 136.984
201702 103.525 243.603 142.419
201705 103.054 244.733 141.116
201708 107.461 245.519 146.680
201711 111.703 246.669 151.759
201802 127.774 248.991 171.974
201805 141.856 251.588 188.957
201808 150.247 252.146 199.691
201811 146.127 252.038 194.298
201902 145.935 252.776 193.476
201905 142.832 256.092 186.911
201908 148.068 256.558 193.410
201911 146.285 257.208 190.599
202002 157.625 258.678 204.207
202005 173.389 256.394 226.630
202008 188.605 259.918 243.176
202011 172.640 260.229 222.326
202102 190.164 263.014 242.300
202105 176.575 269.195 219.820
202108 160.722 273.567 196.886
202111 184.344 277.948 222.264
202202 164.050 283.716 193.775
202205 160.025 292.296 183.472
202208 159.727 296.171 180.734
202211 163.472 297.711 184.015
202302 163.890 300.840 182.567
202305 168.533 304.127 185.710
202308 168.832 307.026 184.282
202311 171.211 307.051 186.864
202402 177.992 310.326 192.215
202405 181.114 314.069 193.255
202408 196.709 314.796 209.411
202411 216.847 315.493 230.339
202502 233.503 319.082 245.242
202505 225.885 321.465 235.482
202508 222.595 323.976 230.254
202511 204.113 324.122 211.041
202602 206.141 326.785 211.401
202605 220.565 335.123 220.565

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.

Is Cintas (MEX:CTAS) Overvalued in 2026?

Based on GuruFocus' analysis, Cintas stock appears to be undervalued. The current stock price of MXN3,162.25 is trading 3% below its estimated GF Value™ of MXN3,259.74. GuruFocus considers Cintas to be Fairly Valued.

Key valuation signals for MEX:CTAS:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: MXN3,259.74 vs. price of MXN3,162.25 (3% below fair value)
  • GF Score™: 84/100 with 1 warning sign

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


Cintas Business Description

Address 6800 Cintas Boulevard, P.O. Box 625737, Cincinnati, OH, USA, 45262-5737
Cintas has roots dating back to 1929, when the Farmer family cleaned and resold dirty rags to manufacturing plants in Ohio. The firm has expanded its business organically and through acquisitions, and today Cintas acts as a one-stop outsourcing partner for businesses. Cintas will design, manufacture, collect, and clean every employee uniform for a small weekly sum, taking on the upfront capital expense itself. At the same stop, Cintas can also replace soiled or depleted mats, mops, trash liners, towels, first aid supplies, fire extinguishers, and cleaning products. Businesses value an outsourcing partner like Cintas as it simplifies operations and leaves noncore tasks with high regulatory standards in the hands of professionals.
84GF Score

Get the complete analysis for MEX:CTAS

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

MXN3,162.25
Price
MXN3,259.74
GF Value