MGCLY (Midea Group Co) Cyclically Adjusted PB Ratio: (As of Sep. 20, 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.
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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.

MGCLY Midea Group Co Ltd MGCLY
70 GF Score
Price $12.57
GF Value $11.01
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Midea Group Co Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Midea Group Co  (OTCPK:MGCLY) 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.


Midea Group Co Cyclically Adjusted PB Ratio Related Terms


Midea Group Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Midea Group Co'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.

Midea Group Co Cyclically Adjusted PB Ratio Chart

Midea Group Co 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 - - - - 0.82

Midea Group Co 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 1.43 1.14 1.06 0.93 0.83

MGCLY vs SN, SGI, MHK: Cyclically Adjusted PB Ratio Comparison

For the Furnishings, Fixtures & Appliances subindustry, Midea Group Co'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.


Midea Group Co Cyclically Adjusted PB Ratio vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Midea Group Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


MGCLY
70GF Score
Midea Group Co Ltd MGCLY
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Midea Group Co 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.

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

For example, Midea Group Co'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)
=51.128/116.0564*116.0564
=51.128

Current CPI (Jun. 2026) = 116.0564.

Midea Group Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 1.539 102.400 1.744
201612 1.545 102.600 1.748
201703 1.670 103.200 1.878
201706 1.711 103.100 1.926
201709 1.852 104.100 2.065
201712 1.860 104.500 2.066
201803 2.100 105.300 2.315
201806 1.986 104.900 2.197
201809 2.020 106.600 2.199
201812 2.033 106.500 2.215
201903 2.246 107.700 2.420
201906 2.085 107.700 2.247
201909 2.118 109.800 2.239
201912 2.233 111.200 2.331
202003 2.256 112.300 2.331
202006 2.280 110.400 2.397
202009 2.526 111.700 2.625
202012 2.727 111.500 2.838
202103 2.698 112.662 2.779
202106 2.767 111.769 2.873
202109 2.891 112.215 2.990
202112 3.089 113.108 3.170
202203 3.295 114.335 3.345
202206 3.045 114.558 3.085
202209 3.072 115.339 3.091
202212 3.235 115.116 3.261
202303 3.447 115.116 3.475
202306 3.174 114.558 3.216
202309 3.376 115.339 3.397
202312 3.498 114.781 3.537
202403 3.703 115.227 3.730
202406 3.476 114.781 3.515
202409 63.801 115.785 63.951
202412 47.923 114.893 48.408
202503 51.195 115.116 51.613
202506 49.194 114.907 49.686
202509 50.530 115.471 50.786
202512 51.982 115.832 52.083
202603 54.589 116.303 54.473
202606 51.128 116.056 51.128

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 Midea Group Co (MGCLY) Overvalued in 2026?

Based on GuruFocus' analysis, Midea Group Co stock appears to be overvalued. The current stock price of $12.57 is trading 14.2% above its estimated GF Value™ of $11.01. GuruFocus considers Midea Group Co to be Modestly Overvalued.

Key valuation signals for MGCLY:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: $11.01 vs. price of $12.57 (14.2% above fair value)
  • GF Score™: 70/100 with 7 warning signs

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


Midea Group Co Business Description

Address No. 6 Midea Avenue, Beijiao Town, Midea Headquarters Building, Guangdong Province, Shunde District, Foshan, CHN, 528311
Midea Group Co., Ltd. is one of the largest household appliance manufacturers in China, with key products such as air conditioners, refrigerators, washing machines and small household appliances. It is consistently ranked as one of the top three players in China by retail sales in most home appliance categories. The firm also engages in industrial automation and robotics systems through wholly owned Kuka, a global market leader based in Germany. Heating, ventilation, and air conditioning, or HVAC, products contribute the most to Midea's revenue, followed by other consumer appliances, and robotics and automation systems. In addition, Midea generates around 40% of sales outside of China.
70GF Score

Get the complete analysis for MGCLY

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

$12.57
Price
$11.01
GF Value