MPZAF (Mips AB) Cyclically Adjusted PB Ratio: 13.90 (As of Aug. 23, 2026) — 28% Below Median

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MPZAF Mips AB MPZAF
72 GF Score
Price $26.00
GF Value $58.33
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Mips AB Cyclically Adjusted PB Ratio?

Mips AB MPZAF 72 Cyclically Adjusted PB Ratio is 13.90 as of Aug. 23, 2026, which is 28% below its 10-year median of 19.30. GuruFocus rates MPZAF with a GF Score™ of 72/100 and a GF Value™ of $58.33 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 623 Travel & Leisure companies, Mips AB ranks worse than 97.59% on this metric.

As of today (2026-08-23), Mips AB's current share price is $26.00. Mips AB's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $1.87. Mips AB's Cyclically Adjusted PB Ratio for today is 13.90.

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

MPZAF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 11.46   Med: 19.3   Max: 27.01
Current: 19.9

During the past years, Mips AB's highest Cyclically Adjusted PB Ratio was 27.01. The lowest was 11.46. And the median was 19.30.

MPZAF's Cyclically Adjusted PB Ratio is ranked worse than
97.59% of 623 companies
in the Travel & Leisure industry
Industry Median: 1.19 vs MPZAF: 19.90

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.

Mips AB's adjusted book value per share data for the three months ended in Jun. 2026 was $2.468. 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 $1.87 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mips AB  (OTCPK:MPZAF) 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.


Mips AB Cyclically Adjusted PB Ratio Related Terms


Mips AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Mips AB'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.

Mips AB Cyclically Adjusted PB Ratio Chart

Mips AB 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 0.00 0.00 0.00 0.00 19.11

Mips AB 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 25.32 18.95 19.11 12.33 13.66

MPZAF vs AS, HAS, LTH: Cyclically Adjusted PB Ratio Comparison

For the Leisure subindustry, Mips AB'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.


Mips AB Cyclically Adjusted PB Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Mips AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


MPZAF
72GF Score
Mips AB MPZAF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Mips AB 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.

Mips AB's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=26.00/1.87
=13.90

* 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.

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

For example, Mips AB'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)
=2.468/134.6100*134.6100
=2.468

Current CPI (Jun. 2026) = 134.6100.

Mips AB Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.000 101.138 0.000
201612 0.246 102.022 0.325
201703 0.886 102.022 1.169
201706 0.961 102.752 1.259
201709 1.037 103.279 1.352
201712 1.039 103.793 1.347
201803 1.061 103.962 1.374
201806 1.060 104.875 1.361
201809 1.118 105.679 1.424
201812 1.206 105.912 1.533
201903 1.207 105.886 1.534
201906 1.051 106.742 1.325
201909 1.068 107.214 1.341
201912 1.249 107.766 1.560
202003 1.384 106.563 1.748
202006 1.313 107.498 1.644
202009 1.570 107.635 1.963
202012 1.946 108.296 2.419
202103 2.008 108.360 2.494
202106 1.879 108.928 2.322
202109 2.201 110.338 2.685
202112 2.425 112.486 2.902
202203 2.504 114.825 2.935
202206 2.162 118.384 2.458
202209 2.069 122.296 2.277
202212 2.304 126.365 2.454
202303 2.352 127.042 2.492
202306 1.860 129.407 1.935
202309 2.127 130.224 2.199
202312 2.418 131.912 2.467
202403 2.433 132.205 2.477
202406 1.983 132.716 2.011
202409 2.163 132.304 2.201
202412 2.203 132.987 2.230
202503 2.410 132.825 2.442
202506 1.989 133.699 2.003
202509 2.159 133.480 2.177
202512 2.283 133.390 2.304
202603 2.447 133.560 2.466
202606 2.468 134.610 2.468

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 13.90 mean?
Mips AB (MPZAF) has a Cyclically Adjusted PB Ratio of 13.90 as of Aug. 23, 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 Mips AB and its competitors. This is 28% below median its historical median of 19.30. Over the past decade, Mips AB's Cyclically Adjusted PB Ratio has ranged from 11.46 to 27.01. According to the industry distribution chart, Mips AB ranks #608 out of 623 companies in the Travel & Leisure industry, placing it in the top 97.6%.
Is Mips AB's Cyclically Adjusted PB Ratio too high?
Mips AB's current Cyclically Adjusted PB Ratio of 13.90 is 28% below median its 10-year median of 19.30. Over the past 10 years, this metric has ranged from a low of 11.46 to a high of 27.01. The Travel & Leisure industry median Cyclically Adjusted PB Ratio is 1.19. Mips AB's value of 13.90 is 1068.1% above this industry median. Based on the distribution chart, Mips AB ranks #608 out of 623 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Mips AB has a GF Score™ of 72/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mips AB's Cyclically Adjusted PB Ratio compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Mips AB ranks #608 out of 623 companies for Cyclically Adjusted PB Ratio. This places Mips AB in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.19. Mips AB's value of 13.90 is 1068.1% above this benchmark. Historically, Mips AB's own Cyclically Adjusted PB Ratio has ranged from 11.46 to 27.01 over the past decade. While the company's 10-year median is 19.30 vs. the industry median of 1.19, Mips AB 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 a Travel & Leisure company?
The median Cyclically Adjusted PB Ratio among Travel & Leisure companies is 1.19, based on 623 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. Mips AB's current Cyclically Adjusted PB Ratio of 13.90 is 1068.1% 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 Mips AB and its competitors. For the Travel & Leisure industry, the median Cyclically Adjusted PB Ratio is 1.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mips AB's current Cyclically Adjusted PB Ratio is 13.90, which is 28% below median its own 10-year median of 19.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mips AB stock overvalued right now?
Based on GuruFocus' analysis, Mips AB (MPZAF) is currently considered Significantly Undervalued. The stock's GF Value™ is $58.33, compared to a current price of $26.00 — trading 55.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 13.90, which is 28% below median its 10-year median of 19.30 and 1068.1% above the Travel & Leisure industry median of 1.19. Mips AB's overall GF Score™ is 72/100 with 4 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 Mips AB (MPZAF), the current Cyclically Adjusted PB Ratio is 13.90 as of Aug. 23, 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 Mips AB (MPZAF) Overvalued in 2026?

Based on GuruFocus' analysis, Mips AB stock appears to be undervalued. The current stock price of $26.00 is trading 55.4% below its estimated GF Value™ of $58.33. GuruFocus considers Mips AB to be Significantly Undervalued.

Key valuation signals for MPZAF:

  • Cyclically Adjusted PB Ratio: 13.90 (28% below median its 10-year median of 19.30)
  • GF Value™: $58.33 vs. price of $26.00 (55.4% below fair value)
  • GF Score™: 72/100 with 4 warning signs
  • Industry Position: 1068.1% above the Travel & Leisure median (#608 of 623)

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


Mips AB Business Description

Address Kemistvagen 1B, Taby, Stockholm, SWE, 183 79
Mips AB is a safety solutions provider that develops and sells the Mips safety system, comprising a low friction layer with different components that are designed for different helmet models. The system is adapted to different helmet models and is used by manufacturers in helmets for activities such as cycling, snow sports, motorcycling, and professional safety applications. The company sells its products and licenses the associated technology to helmet brands that manufacture, market, and sell helmets to end-users, directly or indirectly. Geographically, the company derives the majority of revenue from North America.
72GF Score

Get the complete analysis for MPZAF

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

$26.00
Price
$58.33
GF Value