Csp International (MIL:CSP) Cyclically Adjusted PB Ratio: 0.16 (As of Jul. 13, 2026) — 20% Below Median


MIL:CSP Csp International MIL:CSP
31 GF Score
Price €0.29
GF Value €0.30
Valuation Fairly Valued
! 3 Warning Signs
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What is Csp International Cyclically Adjusted PB Ratio?

Csp International MIL:CSP -1.04% 31 Cyclically Adjusted PB Ratio is 0.16 as of Jul. 13, 2026, which is 20% below its 10-year median of 0.20. GuruFocus rates MIL:CSP with a GF Score™ of 31/100 and a GF Value™ of €0.30 (Fairly Valued). The stock has 3 warning signs investors should review. Among 879 Manufacturing - Apparel & Accessories companies, Csp International ranks better than 94.54% on this metric.

As of today (2026-07-13), Csp International's current share price is €0.286. Csp International's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was €1.84. Csp International's Cyclically Adjusted PB Ratio for today is 0.16.

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

MIL:CSP' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.13   Med: 0.2   Max: 0.69
Current: 0.16

During the past 13 years, Csp International's highest Cyclically Adjusted PB Ratio was 0.69. The lowest was 0.13. And the median was 0.20.

MIL:CSP's Cyclically Adjusted PB Ratio is ranked better than
94.54% of 879 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1 vs MIL:CSP: 0.16

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.

Csp International's adjusted book value per share data of for the fiscal year that ended in Dec25 was €1.321. 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 €1.84 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Csp International  (MIL:CSP) 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.


Csp International Cyclically Adjusted PB Ratio Related Terms


Csp International Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Csp International'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.

Csp International Cyclically Adjusted PB Ratio Chart

Csp International 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 0.19 0.16 0.15 0.16 0.17

Csp International Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.15 0.00 0.16 0.00 0.17

MIL:CSP vs RL, LEVI, VFC: Cyclically Adjusted PB Ratio Comparison

For the Apparel Manufacturing subindustry, Csp International'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.


Csp International Cyclically Adjusted PB Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Csp International's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


MIL:CSP
31GF Score
Csp International MIL:CSP
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Csp International 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.

Csp International's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.286/1.84
=0.16

* 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.

Csp International's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Csp International's adjusted Book Value per Share data for the fiscal year that ended in Dec25 was:

Adj_Book=Book Value per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=1.321/122.6000*122.6000
=1.321

Current CPI (Dec25) = 122.6000.

Csp International Annual Data

Book Value per Share CPI Adj_Book
201612 2.196 100.300 2.684
201712 2.186 101.200 2.648
201812 1.787 102.300 2.142
201912 1.662 102.800 1.982
202012 1.471 102.600 1.758
202112 1.509 106.600 1.735
202212 1.344 119.000 1.385
202312 1.344 119.700 1.377
202412 1.337 121.200 1.352
202512 1.321 122.600 1.321

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 0.16 mean?
Csp International (MIL:CSP) has a Cyclically Adjusted PB Ratio of 0.16 as of Jul. 13, 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 Csp International and its competitors. This is 20% below median its historical median of 0.20. Over the past decade, Csp International's Cyclically Adjusted PB Ratio has ranged from 0.13 to 0.69. According to the industry distribution chart, Csp International ranks #48 out of 879 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 5.5%.
Is Csp International's Cyclically Adjusted PB Ratio too high?
Csp International's current Cyclically Adjusted PB Ratio of 0.16 is 20% below median its 10-year median of 0.20. Over the past 10 years, this metric has ranged from a low of 0.13 to a high of 0.69. The Manufacturing - Apparel & Accessories industry median Cyclically Adjusted PB Ratio is 1.00. Csp International's value of 0.16 is 84% below this industry median. Based on the distribution chart, Csp International ranks #48 out of 879 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Csp International has a GF Score™ of 31/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Csp International's Cyclically Adjusted PB Ratio compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Csp International ranks #48 out of 879 companies for Cyclically Adjusted PB Ratio. This places Csp International in the top 6% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.00. Csp International's value of 0.16 is 84% below this benchmark. Historically, Csp International's own Cyclically Adjusted PB Ratio has ranged from 0.13 to 0.69 over the past decade. While the company's 10-year median is 0.20 vs. the industry median of 1.00, Csp International has consistently been below 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 Manufacturing - Apparel & Accessories company?
The median Cyclically Adjusted PB Ratio among Manufacturing - Apparel & Accessories companies is 1.00, based on 879 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. Csp International's current Cyclically Adjusted PB Ratio of 0.16 is 84% below 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 Csp International and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Cyclically Adjusted PB Ratio is 1.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Csp International's current Cyclically Adjusted PB Ratio is 0.16, which is 20% below median its own 10-year median of 0.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Csp International stock overvalued right now?
Based on GuruFocus' analysis, Csp International (MIL:CSP) is currently considered Fairly Valued. The stock's GF Value™ is €0.30, compared to a current price of €0.29 — trading 4.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.16, which is 20% below median its 10-year median of 0.20 and 84% below the Manufacturing - Apparel & Accessories industry median of 1.00. Csp International's overall GF Score™ is 31/100 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 Csp International (MIL:CSP), the current Cyclically Adjusted PB Ratio is 0.16 as of Jul. 13, 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 Csp International (MIL:CSP) Overvalued in 2026?

Based on GuruFocus' analysis, Csp International stock appears to be undervalued. The current stock price of €0.29 is trading 4.7% below its estimated GF Value™ of €0.30. GuruFocus considers Csp International to be Fairly Valued.

Key valuation signals for MIL:CSP:

  • Cyclically Adjusted PB Ratio: 0.16 (20% below median its 10-year median of 0.20)
  • GF Value™: €0.30 vs. price of €0.29 (4.7% below fair value)
  • GF Score™: 31/100 with 3 warning signs
  • Industry Position: 84% below the Manufacturing - Apparel & Accessories median (#48 of 879)

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


Csp International Business Description

Address Via Piubega, 5C, Ceresara, Mantova, ITA, 46040
Csp International is an Italian based company. It operates in hosiery, bodywear and underwear sector. The company brands include Sanpellegrino, Oroblu, Lepel, Liberti, and Le Bourget. It operates in more than 35 countries. The company offers tights, stockings, corsetry, lingerie, beachwear and bath suits, and bodywear for women, as well as underwear for men.
31GF Score

Get the complete analysis for MIL:CSP

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

€0.29
Price
€0.30
GF Value