Trimble (MEX:TRMB) Cyclically Adjusted PB Ratio: 2.44 (As of Aug. 24, 2026) — 46% Below Median

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MEX:TRMB Trimble Inc MEX:TRMB
77 GF Score
Price MXN1,005.00
GF Value MXN1,502.08
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Trimble Cyclically Adjusted PB Ratio?

Trimble MEX:TRMB 77 Cyclically Adjusted PB Ratio is 2.44 as of Aug. 24, 2026, which is 46% below its 10-year median of 4.55. GuruFocus rates MEX:TRMB with a GF Score™ of 77/100 and a GF Value™ of MXN1,502.08 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,943 Hardware companies, Trimble ranks worse than 67.52% on this metric.

As of today (2026-08-24), Trimble's current share price is MXN1005.00. Trimble's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was MXN412.00. Trimble's Cyclically Adjusted PB Ratio for today is 2.44.

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

MEX:TRMB' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.78   Med: 4.55   Max: 8.85
Current: 3.33

During the past years, Trimble's highest Cyclically Adjusted PB Ratio was 8.85. The lowest was 2.78. And the median was 4.55.

MEX:TRMB's Cyclically Adjusted PB Ratio is ranked worse than
67.52% of 1943 companies
in the Hardware industry
Industry Median: 2.03 vs MEX:TRMB: 3.33

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.

Trimble's adjusted book value per share data for the three months ended in Jun. 2026 was MXN382.411. 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 MXN412.00 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Trimble  (MEX:TRMB) 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.


Trimble Cyclically Adjusted PB Ratio Related Terms


Trimble Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Trimble'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.

Trimble Cyclically Adjusted PB Ratio Chart

Trimble 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 7.58 3.91 3.78 4.57 4.59

Trimble 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 4.64 4.86 4.59 3.69 2.82

MEX:TRMB vs CGNX, ESE, ST: Cyclically Adjusted PB Ratio Comparison

For the Scientific & Technical Instruments subindustry, Trimble'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.


Trimble Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


MEX:TRMB
77GF Score
Trimble Inc MEX:TRMB
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Trimble 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1005.00/412.00
=2.44

* 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.

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

For example, Trimble'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)
=382.411/333.9520*333.9520
=382.411

Current CPI (Jun. 2026) = 333.9520.

Trimble Quarterly Data

Book Value per Share CPI Adj_Book
201609 179.282 241.428 247.989
201612 189.171 241.432 261.664
201703 180.463 243.801 247.193
201706 179.817 244.955 245.148
201709 184.254 246.819 249.300
201712 190.517 246.524 258.083
201803 182.604 249.554 244.360
201806 197.942 251.989 262.325
201809 197.285 252.439 260.989
201812 209.294 251.233 278.204
201903 211.465 254.202 277.807
201906 215.433 256.143 280.875
201909 220.863 256.759 287.264
201912 235.392 256.974 305.905
202003 291.193 258.115 376.749
202006 296.313 257.797 383.846
202009 295.783 260.280 379.504
202012 285.285 260.474 365.762
202103 299.291 264.877 377.341
202106 303.701 271.696 373.291
202109 317.998 274.310 387.139
202112 322.525 278.802 386.324
202203 317.485 287.504 368.777
202206 316.436 296.311 356.634
202209 313.618 296.808 352.866
202212 319.817 296.797 359.854
202303 309.296 301.836 342.206
202306 299.055 305.109 327.326
202309 304.061 307.789 329.907
202312 309.882 306.746 337.366
202403 295.563 312.332 316.022
202406 420.556 314.175 447.030
202409 470.637 315.301 498.477
202412 487.479 315.605 515.818
202503 467.391 319.799 488.076
202506 450.010 322.561 465.902
202509 446.460 324.800 459.040
202512 445.275 324.054 458.876
202603 432.570 330.213 437.468
202606 382.411 333.952 382.411

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 2.44 mean?
Trimble (MEX:TRMB) has a Cyclically Adjusted PB Ratio of 2.44 as of Aug. 24, 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 Trimble and its competitors. This is 46% below median its historical median of 4.55. Over the past decade, Trimble's Cyclically Adjusted PB Ratio has ranged from 2.78 to 8.85. According to the industry distribution chart, Trimble ranks #1312 out of 1943 companies in the Hardware industry, placing it in the top 67.5%.
Is Trimble's Cyclically Adjusted PB Ratio too high?
Trimble's current Cyclically Adjusted PB Ratio of 2.44 is 46% below median its 10-year median of 4.55. Over the past 10 years, this metric has ranged from a low of 2.78 to a high of 8.85. The Hardware industry median Cyclically Adjusted PB Ratio is 2.03. Trimble's value of 2.44 is 20.2% above this industry median. Based on the distribution chart, Trimble ranks #1312 out of 1943 companies in the Hardware industry, which is below the industry midpoint. Overall, Trimble has a GF Score™ of 77/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Trimble's Cyclically Adjusted PB Ratio compare to CGNX and ESE?
According to the Hardware industry distribution chart, Trimble ranks #1312 out of 1943 companies for Cyclically Adjusted PB Ratio. This places Trimble in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.03. Trimble's value of 2.44 is 20.2% above this benchmark. Historically, Trimble's own Cyclically Adjusted PB Ratio has ranged from 2.78 to 8.85 over the past decade. While the company's 10-year median is 4.55 vs. the industry median of 2.03, Trimble 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 Hardware company?
The median Cyclically Adjusted PB Ratio among Hardware companies is 2.03, based on 1,943 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. Trimble's current Cyclically Adjusted PB Ratio of 2.44 is 20.2% 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 Trimble and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Trimble's current Cyclically Adjusted PB Ratio is 2.44, which is 46% below median its own 10-year median of 4.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trimble stock overvalued right now?
Based on GuruFocus' analysis, Trimble (MEX:TRMB) is currently considered Significantly Undervalued. The stock's GF Value™ is MXN1,502.08, compared to a current price of MXN1,005.00 — trading 33.1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.44, which is 46% below median its 10-year median of 4.55 and 20.2% above the Hardware industry median of 2.03. Trimble's overall GF Score™ is 77/100 with 3 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 Trimble (MEX:TRMB), the current Cyclically Adjusted PB Ratio is 2.44 as of Aug. 24, 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 Trimble (MEX:TRMB) Overvalued in 2026?

Based on GuruFocus' analysis, Trimble stock appears to be undervalued. The current stock price of MXN1,005.00 is trading 33.1% below its estimated GF Value™ of MXN1,502.08. GuruFocus considers Trimble to be Significantly Undervalued.

Key valuation signals for MEX:TRMB:

  • Cyclically Adjusted PB Ratio: 2.44 (46% below median its 10-year median of 4.55)
  • GF Value™: MXN1,502.08 vs. price of MXN1,005.00 (33.1% below fair value)
  • GF Score™: 77/100 with 3 warning signs
  • Industry Position: 20.2% above the Hardware median (#1312 of 1943)

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


Trimble Business Description

Address 10368 Westmoor Drive, Westminister, CO, USA, 80021
Trimble Inc is a technology solutions provider that enables office and mobile professionals to connect their workflows and asset lifecycles to drive a more productive, sustainable future. The company has three reportable segments: Architects, Engineers, Construction, and Owners (AECO). This segment provides software solutions that sell through a direct channel to customers in the construction industry. Field Systems. This segment provides hardware and associated software solutions that sell through dealer partner channels. Transportation and Logistics (T&L). This segment provides solutions for customers working in long-haul trucking and freight shipping markets.
77GF Score

Get the complete analysis for MEX:TRMB

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

MXN1,005.00
Price
MXN1,502.08
GF Value