Veralto (MIL:1VLTO) 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.

MIL:1VLTO Veralto Corp MIL:1VLTO
57 GF Score
Price €81.38
GF Value €96.71
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Veralto Cyclically Adjusted PB Ratio?

Veralto does not have a history long enough to calculate Cyclically Adjusted Book per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PB Ratio for this company.

Shiller PE for Stocks: The True Measure of Stock Valuation


Veralto  (MIL:1VLTO) 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.


Veralto Cyclically Adjusted PB Ratio Related Terms


Veralto Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Veralto'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.

Veralto Cyclically Adjusted PB Ratio Chart

Veralto Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

Veralto Quarterly Data
Dec21 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 0.00 0.00 0.00 0.00

MIL:1VLTO vs ZWS, CECO, PCT: Cyclically Adjusted PB Ratio Comparison

For the Pollution & Treatment Controls subindustry, Veralto'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.


Veralto Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

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


MIL:1VLTO
57GF Score
Veralto Corp MIL:1VLTO
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Veralto 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.

Veralto does not have a history long enough to calculate Cyclically Adjusted Book per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PB Ratio for this company.

Is Veralto (MIL:1VLTO) Overvalued in 2026?

Based on GuruFocus' analysis, Veralto stock appears to be undervalued. The current stock price of €81.38 is trading 15.9% below its estimated GF Value™ of €96.71. GuruFocus considers Veralto to be Modestly Undervalued.

Key valuation signals for MIL:1VLTO:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €96.71 vs. price of €81.38 (15.9% below fair value)
  • GF Score™: 57/100 with 1 warning sign

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


Veralto Business Description

Other Exchanges VLTO:USARZ2:Germany
Address 225 Wyman Street, Suite 250, Waltham, MA, USA, 02451
Veralto is a diversified industrial firm organized into two segments. The water quality segment offers water analytics and water treatment solutions, while the product quality and innovation segment offers coding, packaging, and color solutions for consumer packaged goods and pharmaceuticals. Headquartered in Waltham, Massachusetts, the company has around 17,000 employees. Veralto generated approximately $5.5 billion in revenue in 2025.
57GF Score

Get the complete analysis for MIL:1VLTO

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

€81.38
Price
€96.71
GF Value