Emerson Electric Co (MIL:1EMR) Cyclically Adjusted PB Ratio: 5.12 (As of Sep. 16, 2026) — Near Median

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MIL:1EMR Emerson Electric Co MIL:1EMR
57 GF Score
Price €129.00
GF Value €119.94
Valuation Fairly Valued
! 7 Warning Signs
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What is Emerson Electric Co Cyclically Adjusted PB Ratio?

Emerson Electric Co MIL:1EMR 57 Cyclically Adjusted PB Ratio is 5.12 as of Sep. 16, 2026, which is 1% below its 10-year median of 5.18. GuruFocus rates MIL:1EMR with a GF Score™ of 57/100 and a GF Value™ of €119.94 (Fairly Valued). The stock has 7 warning signs investors should review. Among 2,099 Industrial Products companies, Emerson Electric Co ranks worse than 83.33% on this metric.

As of today (2026-09-16), Emerson Electric Co's current share price is €129.00. Emerson Electric Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €25.17. Emerson Electric Co's Cyclically Adjusted PB Ratio for today is 5.12.

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

MIL:1EMR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3   Med: 5.18   Max: 6.89
Current: 6.13

During the past years, Emerson Electric Co's highest Cyclically Adjusted PB Ratio was 6.89. The lowest was 3.00. And the median was 5.18.

MIL:1EMR's Cyclically Adjusted PB Ratio is ranked worse than
83.33% of 2099 companies
in the Industrial Products industry
Industry Median: 2.08 vs MIL:1EMR: 6.13

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.

Emerson Electric Co's adjusted book value per share data for the three months ended in Jun. 2026 was €31.979. 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 €25.17 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Emerson Electric Co  (MIL:1EMR) 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.


Emerson Electric Co Cyclically Adjusted PB Ratio Related Terms


Emerson Electric Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Emerson Electric 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.

Emerson Electric Co Cyclically Adjusted PB Ratio Chart

Emerson Electric Co Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 4.43 4.47

Emerson Electric 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 5.02 4.71 4.86 4.53 5.03

MIL:1EMR vs ITW, CMI, AME: Cyclically Adjusted PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, Emerson Electric 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.


Emerson Electric Co Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

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


MIL:1EMR
57GF Score
Emerson Electric Co MIL:1EMR
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Emerson Electric 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.

Emerson Electric Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=129.00/25.173
=5.12

* 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.

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

For example, Emerson Electric 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)
=31.979/333.9520*333.9520
=31.979

Current CPI (Jun. 2026) = 333.9520.

Emerson Electric Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 10.546 241.428 14.588
201612 11.403 241.432 15.773
201703 11.690 243.801 16.013
201706 10.990 244.955 14.983
201709 11.561 246.819 15.642
201712 11.014 246.524 14.920
201803 10.991 249.554 14.708
201806 11.531 251.989 15.282
201809 12.301 252.439 16.273
201812 11.756 251.233 15.627
201903 12.417 254.202 16.313
201906 12.569 256.143 16.387
201909 12.420 256.759 16.154
201912 12.322 256.974 16.013
202003 11.536 258.115 14.925
202006 11.480 257.797 14.871
202009 12.046 260.280 15.456
202012 12.180 260.474 15.616
202103 13.024 264.877 16.420
202106 13.173 271.696 16.191
202109 14.371 274.310 17.496
202112 15.230 278.802 18.243
202203 16.062 287.504 18.657
202206 26.307 296.311 29.649
202209 28.162 296.808 31.686
202212 27.408 296.797 30.839
202303 27.938 301.836 30.911
202306 42.362 305.109 46.367
202309 43.920 307.789 47.653
202312 42.049 306.746 45.778
202403 43.344 312.332 46.344
202406 43.481 314.175 46.218
202409 43.228 315.301 45.785
202412 45.176 315.605 47.802
202503 31.708 319.799 33.111
202506 30.101 322.561 31.164
202509 30.695 324.800 31.560
202512 30.744 324.054 31.683
202603 31.485 330.213 31.842
202606 31.979 333.952 31.979

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 5.12 mean?
Emerson Electric Co (MIL:1EMR) has a Cyclically Adjusted PB Ratio of 5.12 as of Sep. 16, 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 Emerson Electric Co and its competitors. This is near median its historical median of 5.18. Over the past decade, Emerson Electric Co's Cyclically Adjusted PB Ratio has ranged from 3.00 to 6.89. According to the industry distribution chart, Emerson Electric Co ranks #1749 out of 2099 companies in the Industrial Products industry, placing it in the top 83.3%.
Is Emerson Electric Co's Cyclically Adjusted PB Ratio too high?
Emerson Electric Co's current Cyclically Adjusted PB Ratio of 5.12 is near median its 10-year median of 5.18. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 6.89. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.08. Emerson Electric Co's value of 5.12 is 146.2% above this industry median. Based on the distribution chart, Emerson Electric Co ranks #1749 out of 2099 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Emerson Electric Co has a GF Score™ of 57/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Emerson Electric Co's Cyclically Adjusted PB Ratio compare to ITW and CMI?
According to the Industrial Products industry distribution chart, Emerson Electric Co ranks #1749 out of 2099 companies for Cyclically Adjusted PB Ratio. This places Emerson Electric Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.08. Emerson Electric Co's value of 5.12 is 146.2% above this benchmark. Historically, Emerson Electric Co's own Cyclically Adjusted PB Ratio has ranged from 3.00 to 6.89 over the past decade. While the company's 10-year median is 5.18 vs. the industry median of 2.08, Emerson Electric Co 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 an Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.08, based on 2,099 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. Emerson Electric Co's current Cyclically Adjusted PB Ratio of 5.12 is 146.2% 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 Emerson Electric Co and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Emerson Electric Co's current Cyclically Adjusted PB Ratio is 5.12, which is near median its own 10-year median of 5.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Emerson Electric Co stock overvalued right now?
Based on GuruFocus' analysis, Emerson Electric Co (MIL:1EMR) is currently considered Fairly Valued. The stock's GF Value™ is €119.94, compared to a current price of €129.00 — trading 7.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 5.12, which is near median its 10-year median of 5.18 and 146.2% above the Industrial Products industry median of 2.08. Emerson Electric Co's overall GF Score™ is 57/100 with 7 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 Emerson Electric Co (MIL:1EMR), the current Cyclically Adjusted PB Ratio is 5.12 as of Sep. 16, 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 Emerson Electric Co (MIL:1EMR) Overvalued in 2026?

Based on GuruFocus' analysis, Emerson Electric Co stock appears to be overvalued. The current stock price of €129.00 is trading 7.6% above its estimated GF Value™ of €119.94. GuruFocus considers Emerson Electric Co to be Fairly Valued.

Key valuation signals for MIL:1EMR:

  • Cyclically Adjusted PB Ratio: 5.12 (near median its 10-year median of 5.18)
  • GF Value™: €119.94 vs. price of €129.00 (7.6% above fair value)
  • GF Score™: 57/100 with 7 warning signs
  • Industry Position: 146.2% above the Industrial Products median (#1749 of 2099)

No single metric tells the full story. See the MIL:1EMR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Emerson Electric Co Business Description

Address 8027 Forsyth Boulevard, St. Louis, MO, USA, 63105
Founded in 1890 as the first manufacturer of electric fans in North America, Emerson Electric has become a leading industrial automation player through the acquisition of established brands. Emerson organizes its business into seven segments that sell a wide range of automation software, power tools, and automation hardware such as valves, gauges, and switches. In recent years, Emerson divested its climate technology and consumer businesses to become more of a pure-play industrial automation company. The automation of a factory is an enticing long-term proposition for manufacturers, helping reduce accident rates and raise uptime and productivity.
57GF Score

Get the complete analysis for MIL:1EMR

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

€129.00
Price
€119.94
GF Value