FILA-Fabbrica Italiana Lapis ed Affini SpA (MIL:FILA) Cyclically Adjusted PB Ratio: (As of Sep. 22, 2026)

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MIL:FILA FILA-Fabbrica Italiana Lapis ed Affini SpA MIL:FILA
62 GF Score
Price €10.58
GF Value €9.56
Valuation Modestly Overvalued
! 7 Warning Signs
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What is FILA-Fabbrica Italiana Lapis ed Affini SpA Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


FILA-Fabbrica Italiana Lapis ed Affini SpA  (MIL:FILA) 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.


FILA-Fabbrica Italiana Lapis ed Affini SpA Cyclically Adjusted PB Ratio Related Terms


FILA-Fabbrica Italiana Lapis ed Affini SpA Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for FILA-Fabbrica Italiana Lapis ed Affini SpA'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.

FILA-Fabbrica Italiana Lapis ed Affini SpA Cyclically Adjusted PB Ratio Chart

FILA-Fabbrica Italiana Lapis ed Affini SpA 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 - 0.91 1.08 1.22 1.07

FILA-Fabbrica Italiana Lapis ed Affini SpA 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 1.14 1.08 1.12 1.02 0.99

FILA-Fabbrica Italiana Lapis ed Affini SpA Cyclically Adjusted PB Ratio Competitor Comparison

For the Business Equipment & Supplies subindustry, FILA-Fabbrica Italiana Lapis ed Affini SpA'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.


FILA-Fabbrica Italiana Lapis ed Affini SpA Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, FILA-Fabbrica Italiana Lapis ed Affini SpA's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where FILA-Fabbrica Italiana Lapis ed Affini SpA's Cyclically Adjusted PB Ratio falls into.


MIL:FILA
62GF Score
FILA-Fabbrica Italiana Lapis ed Affini SpA MIL:FILA
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

FILA-Fabbrica Italiana Lapis ed Affini SpA 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.

FILA-Fabbrica Italiana Lapis ed Affini SpA's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, FILA-Fabbrica Italiana Lapis ed Affini SpA'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)
=12.67/126.4000*126.4000
=12.670

Current CPI (Jun. 2026) = 126.4000.

FILA-Fabbrica Italiana Lapis ed Affini SpA Quarterly Data

Book Value per Share CPI Adj_Book
201609 5.378 100.100 6.791
201612 5.546 100.300 6.989
201703 5.770 101.000 7.221
201706 5.682 101.100 7.104
201709 5.774 101.200 7.212
201712 5.547 101.200 6.928
201803 5.587 101.800 6.937
201806 5.635 102.400 6.956
201809 5.788 102.600 7.131
201812 6.660 102.300 8.229
201903 6.753 102.800 8.303
201906 6.740 103.100 8.263
201909 7.010 102.900 8.611
201912 7.014 102.800 8.624
202003 6.612 102.900 8.122
202006 6.571 102.900 8.072
202009 6.691 102.300 8.267
202012 6.490 102.600 7.995
202103 6.893 103.700 8.402
202106 7.156 104.200 8.681
202109 7.541 104.900 9.087
202112 7.805 106.600 9.255
202203 8.212 110.400 9.402
202206 8.649 112.500 9.718
202209 9.023 114.200 9.987
202212 8.407 119.000 8.930
202303 8.394 118.800 8.931
202306 8.775 119.700 9.266
202309 9.123 120.300 9.586
202312 11.314 119.700 11.947
202403 11.024 120.200 11.593
202406 11.334 120.700 11.869
202409 11.235 121.200 11.717
202412 12.475 121.200 13.010
202503 12.297 122.500 12.688
202506 11.278 122.700 11.618
202509 11.500 123.100 11.808
202512 11.408 122.600 11.762
202603 11.653 124.560 11.825
202606 12.670 126.400 12.670

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 FILA-Fabbrica Italiana Lapis ed Affini SpA (MIL:FILA) Overvalued in 2026?

Based on GuruFocus' analysis, FILA-Fabbrica Italiana Lapis ed Affini SpA stock appears to be overvalued. The current stock price of €10.58 is trading 10.7% above its estimated GF Value™ of €9.56. GuruFocus considers FILA-Fabbrica Italiana Lapis ed Affini SpA to be Modestly Overvalued.

Key valuation signals for MIL:FILA:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €9.56 vs. price of €10.58 (10.7% above fair value)
  • GF Score™: 62/100 with 7 warning signs

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


FILA-Fabbrica Italiana Lapis ed Affini SpA Business Description

Other Exchanges FILAF:USA0QIQ:UK3S0:Germany
Address Via XXV Aprile, 5, Pero, Milan, ITA, 20016
FILA-Fabbrica Italiana Lapis ed Affini SpA operates in the creativity tools market, producing colouring, design, modelling, writing and painting objects, such as pencils, crayons, modelling clay, chalk, oil colours, acrylics, watercolours, paints and paper for the fine arts, school and leisure. The company, along with its subsidiaries, reports its business segments based on entity location and include Europe, North America (USA and Canada), Central and South America, Asia and the Rest of the World.
62GF Score

Get the complete analysis for MIL:FILA

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

€10.58
Price
€9.56
GF Value