Xylem (MIL:1XYL) Cyclically Adjusted PB Ratio: 3.65 (As of Sep. 22, 2026) — 38% Below Median

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MIL:1XYL Xylem Inc MIL:1XYL
62 GF Score
Price €93.54
GF Value €121.83
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Xylem Cyclically Adjusted PB Ratio?

Xylem MIL:1XYL +0.20% 62 Cyclically Adjusted PB Ratio is 3.65 as of Sep. 22, 2026, which is 38% below its 10-year median of 5.89. GuruFocus rates MIL:1XYL with a GF Score™ of 62/100 and a GF Value™ of €121.83 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 2,100 Industrial Products companies, Xylem ranks worse than 71.81% on this metric.

As of today (2026-09-22), Xylem's current share price is €93.54. Xylem's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €25.61. Xylem's Cyclically Adjusted PB Ratio for today is 3.65.

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

MIL:1XYL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.72   Med: 5.89   Max: 9.43
Current: 3.77

During the past years, Xylem's highest Cyclically Adjusted PB Ratio was 9.43. The lowest was 3.72. And the median was 5.89.

MIL:1XYL's Cyclically Adjusted PB Ratio is ranked worse than
71.81% of 2100 companies
in the Industrial Products industry
Industry Median: 2.08 vs MIL:1XYL: 3.77

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.

Xylem's adjusted book value per share data for the three months ended in Jun. 2026 was €39.953. 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 €25.61 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Xylem  (MIL:1XYL) 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.


Xylem Cyclically Adjusted PB Ratio Related Terms


Xylem Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Xylem'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.

Xylem Cyclically Adjusted PB Ratio Chart

Xylem 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 - - - - 4.74

Xylem 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 4.94 5.40 4.97 4.15 4.04

MIL:1XYL vs DOV, OTIS, IR: Cyclically Adjusted PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, Xylem'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.


Xylem Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

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


MIL:1XYL
62GF Score
Xylem Inc MIL:1XYL
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Xylem 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=93.54/25.612
=3.65

* 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.

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

For example, Xylem'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)
=39.953/333.9520*333.9520
=39.953

Current CPI (Jun. 2026) = 333.9520.

Xylem Quarterly Data

Book Value per Share CPI Adj_Book
201609 11.046 241.428 15.279
201612 11.666 241.432 16.137
201703 11.800 243.801 16.163
201706 11.635 244.955 15.862
201709 11.680 246.819 15.803
201712 11.663 246.524 15.799
201803 11.551 249.554 15.457
201806 12.061 251.989 15.984
201809 12.605 252.439 16.675
201812 13.541 251.233 17.999
201903 13.901 254.202 18.262
201906 14.169 256.143 18.473
201909 14.744 256.759 19.177
201912 14.673 256.974 19.068
202003 14.291 258.115 18.490
202006 14.171 257.797 18.357
202009 13.613 260.280 17.466
202012 13.486 260.474 17.290
202103 13.926 264.877 17.558
202106 14.276 271.696 17.547
202109 14.845 274.310 18.073
202112 15.726 278.802 18.837
202203 15.999 287.504 18.584
202206 17.011 296.311 19.172
202209 18.252 296.808 20.536
202212 18.209 296.797 20.489
202303 18.291 301.836 20.237
202306 37.737 305.109 41.304
202309 38.992 307.789 42.306
202312 38.144 306.746 41.527
202403 38.958 312.332 41.655
202406 39.750 314.175 42.252
202409 39.086 315.301 41.398
202412 43.249 315.605 45.763
202503 42.043 319.799 43.904
202506 39.581 322.561 40.979
202509 40.002 324.800 41.129
202512 41.069 324.054 42.323
202603 40.760 330.213 41.222
202606 39.953 333.952 39.953

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 3.65 mean?
Xylem (MIL:1XYL) has a Cyclically Adjusted PB Ratio of 3.65 as of Sep. 22, 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 Xylem and its competitors. This is 38% below median its historical median of 5.89. Over the past decade, Xylem's Cyclically Adjusted PB Ratio has ranged from 3.72 to 9.43. According to the industry distribution chart, Xylem ranks #1508 out of 2100 companies in the Industrial Products industry, placing it in the top 71.8%.
Is Xylem's Cyclically Adjusted PB Ratio too high?
Xylem's current Cyclically Adjusted PB Ratio of 3.65 is 38% below median its 10-year median of 5.89. Over the past 10 years, this metric has ranged from a low of 3.72 to a high of 9.43. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.08. Xylem's value of 3.65 is 75.5% above this industry median. Based on the distribution chart, Xylem ranks #1508 out of 2100 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Xylem has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Xylem's Cyclically Adjusted PB Ratio compare to DOV and OTIS?
According to the Industrial Products industry distribution chart, Xylem ranks #1508 out of 2100 companies for Cyclically Adjusted PB Ratio. This places Xylem in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.08. Xylem's value of 3.65 is 75.5% above this benchmark. Historically, Xylem's own Cyclically Adjusted PB Ratio has ranged from 3.72 to 9.43 over the past decade. While the company's 10-year median is 5.89 vs. the industry median of 2.08, Xylem 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 2,100 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. Xylem's current Cyclically Adjusted PB Ratio of 3.65 is 75.5% 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 Xylem 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. Xylem's current Cyclically Adjusted PB Ratio is 3.65, which is 38% below median its own 10-year median of 5.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xylem stock overvalued right now?
Based on GuruFocus' analysis, Xylem (MIL:1XYL) is currently considered Modestly Undervalued. The stock's GF Value™ is €121.83, compared to a current price of €93.54 — trading 23.2% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.65, which is 38% below median its 10-year median of 5.89 and 75.5% above the Industrial Products industry median of 2.08. Xylem's overall GF Score™ is 62/100 with 2 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 Xylem (MIL:1XYL), the current Cyclically Adjusted PB Ratio is 3.65 as of Sep. 22, 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 Xylem (MIL:1XYL) Overvalued in 2026?

Based on GuruFocus' analysis, Xylem stock appears to be undervalued. The current stock price of €93.54 is trading 23.2% below its estimated GF Value™ of €121.83. GuruFocus considers Xylem to be Modestly Undervalued.

Key valuation signals for MIL:1XYL:

  • Cyclically Adjusted PB Ratio: 3.65 (38% below median its 10-year median of 5.89)
  • GF Value™: €121.83 vs. price of €93.54 (23.2% below fair value)
  • GF Score™: 62/100 with 2 warning signs
  • Industry Position: 75.5% above the Industrial Products median (#1508 of 2100)

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


Xylem Business Description

Address 301 Water Street SE, Washington, DC, USA, 20003
Xylem Inc. is a US-based water technology company headquartered in Washington, D.C., formed in 2011 as a spin-off from ITT Corporation. It designs and manufactures equipment and services for the transport, treatment, testing, and efficient use of water. Its segments include Water Infrastructure, Applied Water, and Measurement and Control Solutions, covering pumps, valves, heat exchangers, mixers, aeration systems, ultraviolet and ozone treatment, filtration, analytical instrumentation, and smart metering and network technologies. Customers include municipal water and wastewater utilities, industrial and commercial businesses, and residential users. Xylem sells globally across more than 150 countries, with significant operations in the United States, Europe, and emerging markets. Revenue comes from equipment sales, replacement parts, and long-term service and software contracts, with a growing share from digital water management solutions.
62GF Score

Get the complete analysis for MIL:1XYL

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

€93.54
Price
€121.83
GF Value