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Maire SpA (MIL:MAIRE) Cyclically Adjusted PB Ratio : 8.77 (As of May. 29, 2025)


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What is Maire SpA Cyclically Adjusted PB Ratio?

As of today (2025-05-29), Maire SpA's current share price is €11.23. Maire SpA's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was €1.28. Maire SpA's Cyclically Adjusted PB Ratio for today is 8.77.

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

MIL:MAIRE' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.49   Med: 3.92   Max: 8.41
Current: 8.38

During the past years, Maire SpA's highest Cyclically Adjusted PB Ratio was 8.41. The lowest was 1.49. And the median was 3.92.

MIL:MAIRE's Cyclically Adjusted PB Ratio is ranked worse than
95.49% of 1243 companies
in the Construction industry
Industry Median: 1.09 vs MIL:MAIRE: 8.38

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.

Maire SpA's adjusted book value per share data for the three months ended in Mar. 2025 was €1.978. 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 €1.28 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Maire SpA Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Maire 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.

* Premium members only.

Maire SpA Cyclically Adjusted PB Ratio Chart

Maire SpA Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.60 6.56 3.57 4.57 6.71

Maire SpA Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 6.51 6.71 6.21 6.71 6.88

Competitive Comparison of Maire SpA's Cyclically Adjusted PB Ratio

For the Engineering & Construction subindustry, Maire 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.


Maire SpA's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Maire SpA's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Maire 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.

Maire SpA's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=11.23/1.28
=8.77

* 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.

Maire SpA's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Maire SpA's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=1.978/122.5000*122.5000
=1.978

Current CPI (Mar. 2025) = 122.5000.

Maire SpA Quarterly Data

Book Value per Share CPI Adj_Book
201506 0.364 100.279 0.445
201509 0.384 100.000 0.470
201512 0.409 99.814 0.502
201603 0.556 99.600 0.684
201606 0.481 99.900 0.590
201609 0.580 100.100 0.710
201612 0.555 100.300 0.678
201703 0.736 101.000 0.893
201706 0.789 101.100 0.956
201709 0.911 101.200 1.103
201712 0.886 101.200 1.072
201803 1.046 101.800 1.259
201806 0.807 102.400 0.965
201809 0.862 102.600 1.029
201812 0.942 102.300 1.128
201903 1.123 102.800 1.338
201906 1.067 103.100 1.268
201909 1.125 102.900 1.339
201912 1.243 102.800 1.481
202003 1.136 102.900 1.352
202006 1.222 102.900 1.455
202009 1.189 102.300 1.424
202012 1.256 102.600 1.500
202103 1.382 103.700 1.633
202106 1.340 104.200 1.575
202109 1.459 104.900 1.704
202112 1.502 106.600 1.726
202203 1.457 110.400 1.617
202206 1.327 112.500 1.445
202209 1.334 114.200 1.431
202212 1.496 119.000 1.540
202303 1.560 118.800 1.609
202306 1.432 119.700 1.465
202309 1.508 120.300 1.536
202312 1.604 119.700 1.642
202403 1.656 120.200 1.688
202406 1.538 120.700 1.561
202409 1.704 121.200 1.722
202412 1.814 121.200 1.833
202503 1.978 122.500 1.978

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.


Maire SpA  (MIL:MAIRE) 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.


Maire SpA Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Maire SpA's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Maire SpA Business Description

Industry
Traded in Other Exchanges
Address
Via Gaetano De Castillia 6A, Milan, ITA, 20124
Maire SpA is an Italy-based company that offers sustainable technological solutions for fertilizers, hydrogen, CO2 capture, fuels, chemicals, and polymers.

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