Monro (MNRO) Cyclically Adjusted PB Ratio: 0.46 (As of Aug. 13, 2026) — 84% Below Median

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Director of Data and Quant Analytics at GuruFocus
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MNRO Monro Inc MNRO
64 GF Score
Price $11.48
GF Value $20.80
Valuation Possible Value Trap
! 6 Warning Signs
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What is Monro Cyclically Adjusted PB Ratio?

Monro MNRO -1.63% 64 Cyclically Adjusted PB Ratio is 0.46 as of Aug. 13, 2026, which is 84% below its 10-year median of 2.92. GuruFocus rates MNRO with a GF Score™ of 64/100 and a GF Value™ of $20.80 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 992 Vehicles & Parts companies, Monro ranks better than 81.25% on this metric.

As of today (2026-08-13), Monro's current share price is $11.48. Monro's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $25.23. Monro's Cyclically Adjusted PB Ratio for today is 0.46.

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

MNRO' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.46   Med: 2.92   Max: 6.09
Current: 0.46

During the past years, Monro's highest Cyclically Adjusted PB Ratio was 6.09. The lowest was 0.46. And the median was 2.92.

MNRO's Cyclically Adjusted PB Ratio is ranked better than
81.25% of 992 companies
in the Vehicles & Parts industry
Industry Median: 1.265 vs MNRO: 0.46

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.

Monro's adjusted book value per share data for the three months ended in Jun. 2026 was $18.632. 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 $25.23 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Monro  (NAS:MNRO) 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.


Monro Cyclically Adjusted PB Ratio Related Terms


Monro Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Monro'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.

Monro Cyclically Adjusted PB Ratio Chart

Monro Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.16 2.21 1.33 0.59 0.64

Monro 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 0.60 0.72 0.81 0.64 0.68

MNRO vs CPS, SLDP, MLR: Cyclically Adjusted PB Ratio Comparison

For the Auto Parts subindustry, Monro'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.


Monro Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Monro's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


MNRO
64GF Score
Monro Inc MNRO
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Monro 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=11.48/25.23
=0.46

* 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.

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

For example, Monro'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)
=18.632/333.9520*333.9520
=18.632

Current CPI (Jun. 2026) = 333.9520.

Monro Quarterly Data

Book Value per Share CPI Adj_Book
201609 17.445 241.428 24.131
201612 17.629 241.432 24.385
201703 17.780 243.801 24.355
201706 18.150 244.955 24.744
201709 18.542 246.819 25.088
201712 18.740 246.524 25.386
201803 19.139 249.554 25.612
201806 19.600 251.989 25.975
201809 20.128 252.439 26.627
201812 20.729 251.233 27.554
201903 21.100 254.202 27.720
201906 21.629 256.143 28.199
201909 22.050 256.759 28.679
201912 22.433 256.974 29.153
202003 22.065 258.115 28.548
202006 21.952 257.797 28.437
202009 22.107 260.280 28.364
202012 22.098 260.474 28.332
202103 22.386 264.877 28.224
202106 22.640 271.696 27.828
202109 23.044 274.310 28.054
202112 23.296 278.802 27.904
202203 23.337 287.504 27.107
202206 23.219 296.311 26.169
202209 22.569 296.808 25.393
202212 22.333 296.797 25.129
202303 22.127 301.836 24.481
202306 22.126 305.109 24.218
202309 22.265 307.789 24.158
202312 22.062 306.746 24.019
202403 21.955 312.332 23.475
202406 21.871 314.175 23.248
202409 21.767 315.301 23.055
202412 21.667 315.605 22.927
202503 20.717 319.799 21.634
202506 20.176 322.561 20.889
202509 20.042 324.800 20.607
202512 20.150 324.054 20.765
202603 19.702 330.213 19.925
202606 18.632 333.952 18.632

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 0.46 mean?
Monro (MNRO) has a Cyclically Adjusted PB Ratio of 0.46 as of Aug. 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 Monro and its competitors. This is 84% below median its historical median of 2.92. Over the past decade, Monro's Cyclically Adjusted PB Ratio has ranged from 0.46 to 6.09. According to the industry distribution chart, Monro ranks #186 out of 992 companies in the Vehicles & Parts industry, placing it in the top 18.7%.
Is Monro's Cyclically Adjusted PB Ratio too high?
Monro's current Cyclically Adjusted PB Ratio of 0.46 is 84% below median its 10-year median of 2.92. Over the past 10 years, this metric has ranged from a low of 0.46 to a high of 6.09. The Vehicles & Parts industry median Cyclically Adjusted PB Ratio is 1.27. Monro's value of 0.46 is 63.6% below this industry median. Based on the distribution chart, Monro ranks #186 out of 992 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Monro has a GF Score™ of 64/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Monro's Cyclically Adjusted PB Ratio compare to CPS and SLDP?
According to the Vehicles & Parts industry distribution chart, Monro ranks #186 out of 992 companies for Cyclically Adjusted PB Ratio. This places Monro in the top 19% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.27. Monro's value of 0.46 is 63.6% below this benchmark. Historically, Monro's own Cyclically Adjusted PB Ratio has ranged from 0.46 to 6.09 over the past decade. While the company's 10-year median is 2.92 vs. the industry median of 1.27, Monro 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 Vehicles & Parts company?
The median Cyclically Adjusted PB Ratio among Vehicles & Parts companies is 1.27, based on 992 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. Monro's current Cyclically Adjusted PB Ratio of 0.46 is 63.6% 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 Monro and its competitors. For the Vehicles & Parts industry, the median Cyclically Adjusted PB Ratio is 1.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Monro's current Cyclically Adjusted PB Ratio is 0.46, which is 84% below median its own 10-year median of 2.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Monro stock overvalued right now?
Based on GuruFocus' analysis, Monro (MNRO) is currently considered Possible Value Trap. The stock's GF Value™ is $20.80, compared to a current price of $11.48 — trading 44.8% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.46, which is 84% below median its 10-year median of 2.92 and 63.6% below the Vehicles & Parts industry median of 1.27. Monro's overall GF Score™ is 64/100 with 6 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 Monro (MNRO), the current Cyclically Adjusted PB Ratio is 0.46 as of Aug. 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 Monro (MNRO) Overvalued in 2026?

Based on GuruFocus' analysis, Monro stock appears to be undervalued. The current stock price of $11.48 is trading 44.8% below its estimated GF Value™ of $20.80. GuruFocus considers Monro to be Possible Value Trap.

Key valuation signals for MNRO:

  • Cyclically Adjusted PB Ratio: 0.46 (84% below median its 10-year median of 2.92)
  • GF Value™: $20.80 vs. price of $11.48 (44.8% below fair value)
  • GF Score™: 64/100 with 6 warning signs
  • Industry Position: 63.6% below the Vehicles & Parts median (#186 of 992)

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


Monro Business Description

Other Exchanges MR2:Germany
Address 295 Woodcliff Drive, Suite 202, Fairport, NY, USA, 14450
Monro Inc is an operator of retail tire and automotive repair stores in the United States. The company offers replacement tires and tire related services, automotive undercar repair services, and a broad range of routine maintenance services, on passenger cars, light trucks, and vans. It also provides other products and services for brakes; mufflers and exhaust systems; and steering, drive train, suspension, and wheel alignment.
64GF Score

Get the complete analysis for MNRO

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

$11.48
Price
$20.80
GF Value