GrafTech International (MEX:EAF) Cyclically Adjusted PB Ratio: (As of Jul. 28, 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:EAF GrafTech International Ltd MEX:EAF
48 GF Score
Price MXN111.74
GF Value MXN348.23
Valuation Possible Value Trap
! 4 Warning Signs
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What is GrafTech International Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


GrafTech International  (MEX:EAF) 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.


GrafTech International Cyclically Adjusted PB Ratio Related Terms


GrafTech International Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for GrafTech International'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.

GrafTech International Cyclically Adjusted PB Ratio Chart

GrafTech International 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 403.66 0.00 0.00 0.00 0.00

GrafTech International Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.00 0.00

MEX:EAF vs ESP, SKYX, LTBR: Cyclically Adjusted PB Ratio Comparison

For the Electrical Equipment & Parts subindustry, GrafTech International'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.


GrafTech International Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, GrafTech International's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


MEX:EAF
48GF Score
GrafTech International Ltd MEX:EAF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

GrafTech International 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.

GrafTech International's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=-231.482/333.9520*333.9520
=-231.482

Current CPI (Jun. 2026) = 333.9520.

GrafTech International Quarterly Data

Book Value per Share CPI Adj_Book
201609 407.468 241.428 563.625
201612 393.870 241.432 544.806
201703 346.315 243.801 474.373
201706 327.305 244.955 446.221
201709 330.787 246.819 447.563
201712 398.479 246.524 539.797
201803 -166.020 249.554 -222.167
201806 -644.312 251.989 -853.884
201809 -668.577 252.439 -884.462
201812 -727.692 251.233 -967.286
201903 -588.615 254.202 -773.279
201906 -469.306 256.143 -611.868
201909 -413.632 256.759 -537.988
201912 -481.853 256.974 -626.195
202003 -597.108 258.115 -772.545
202006 -496.486 257.797 -643.151
202009 -390.333 260.280 -500.816
202012 -245.223 260.474 -314.399
202103 -178.850 264.877 -225.491
202106 -131.201 271.696 -161.264
202109 -86.355 274.310 -105.131
202112 18.236 278.802 21.843
202203 103.607 287.504 120.345
202206 153.061 296.311 172.505
202209 212.439 296.808 239.025
202212 256.590 296.797 288.712
202303 232.084 301.836 256.778
202306 214.173 305.109 234.420
202309 195.940 307.789 212.595
202312 51.715 306.746 56.302
202403 24.277 312.332 25.957
202406 11.568 314.175 12.296
202409 -6.889 315.301 -7.297
202412 -63.965 315.605 -67.683
202503 -83.494 319.799 -87.189
202506 -122.855 322.561 -127.194
202509 -138.107 324.800 -141.998
202512 -181.053 324.054 -186.583
202603 -210.755 330.213 -213.141
202606 -231.482 333.952 -231.482

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 GrafTech International (MEX:EAF) Overvalued in 2026?

Based on GuruFocus' analysis, GrafTech International stock appears to be undervalued. The current stock price of MXN111.74 is trading 67.9% below its estimated GF Value™ of MXN348.23. GuruFocus considers GrafTech International to be Possible Value Trap.

Key valuation signals for MEX:EAF:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: MXN348.23 vs. price of MXN111.74 (67.9% below fair value)
  • GF Score™: 48/100 with 4 warning signs

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


GrafTech International Business Description

Other Exchanges EAF:USAG6G0:Germany
Address 982 Keynote Circle, Brooklyn Heights, Independence, OH, USA, 44131
GrafTech International Ltd is a manufacturer of high-quality graphite electrode products essential to the production of EAF steel and other ferrous and non-ferrous metals. The company has only reportable segment, Industrial Materials, is comprised of its two product categories: graphite electrodes and petroleum needle coke products used as raw material in the production of graphite electrodes.
48GF Score

Get the complete analysis for MEX:EAF

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

MXN111.74
Price
MXN348.23
GF Value