MSHHF (Mensch und Maschine Software SE) Cyclically Adjusted PB Ratio: 5.89 (As of Jul. 13, 2026) — 55% Below Median


MSHHF Mensch und Maschine Software SE MSHHF
65 GF Score
Price $39.42
GF Value $57.51
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Mensch und Maschine Software SE Cyclically Adjusted PB Ratio?

Mensch und Maschine Software SE MSHHF 65 Cyclically Adjusted PB Ratio is 5.89 as of Jul. 13, 2026, which is 55% below its 10-year median of 13.22. GuruFocus rates MSHHF with a GF Score™ of 65/100 and a GF Value™ of $57.51 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,598 Software companies, Mensch und Maschine Software SE ranks worse than 85.11% on this metric.

As of today (2026-07-13), Mensch und Maschine Software SE's current share price is $39.42. Mensch und Maschine Software SE's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $6.69. Mensch und Maschine Software SE's Cyclically Adjusted PB Ratio for today is 5.89.

The historical rank and industry rank for Mensch und Maschine Software SE's Cyclically Adjusted PB Ratio or its related term are showing as below:

MSHHF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 6.81   Med: 13.22   Max: 23.6
Current: 7.69

During the past years, Mensch und Maschine Software SE's highest Cyclically Adjusted PB Ratio was 23.60. The lowest was 6.81. And the median was 13.22.

MSHHF's Cyclically Adjusted PB Ratio is ranked worse than
85.11% of 1598 companies
in the Software industry
Industry Median: 2.325 vs MSHHF: 7.69

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.

Mensch und Maschine Software SE's adjusted book value per share data for the three months ended in Mar. 2026 was $5.842. 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 $6.69 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mensch und Maschine Software SE  (OTCPK:MSHHF) 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.


Mensch und Maschine Software SE Cyclically Adjusted PB Ratio Related Terms


Mensch und Maschine Software SE Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Mensch und Maschine Software SE'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.

Mensch und Maschine Software SE Cyclically Adjusted PB Ratio Chart

Mensch und Maschine Software SE 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 21.29 12.70 13.84 12.09 9.65

Mensch und Maschine Software SE Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 11.25 11.88 10.18 9.65 7.22

MSHHF vs UBER, SHOP, CRM: Cyclically Adjusted PB Ratio Comparison

For the Software - Application subindustry, Mensch und Maschine Software SE'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.


Mensch und Maschine Software SE Cyclically Adjusted PB Ratio vs Software Industry

For the Software industry and Technology sector, Mensch und Maschine Software SE's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Mensch und Maschine Software SE's Cyclically Adjusted PB Ratio falls into.


MSHHF
65GF Score
Mensch und Maschine Software SE MSHHF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Mensch und Maschine Software SE 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.

Mensch und Maschine Software SE's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=39.42/6.69
=5.89

* 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.

Mensch und Maschine Software SE's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Mensch und Maschine Software SE's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=5.842/131.2583*131.2583
=5.842

Current CPI (Mar. 2026) = 131.2583.

Mensch und Maschine Software SE Quarterly Data

Book Value per Share CPI Adj_Book
201606 2.621 100.717 3.416
201609 2.643 101.017 3.434
201612 2.519 101.217 3.267
201703 2.721 101.417 3.522
201706 2.686 102.117 3.453
201709 2.980 102.717 3.808
201712 3.109 102.617 3.977
201803 3.480 102.917 4.438
201806 3.070 104.017 3.874
201809 3.162 104.718 3.963
201812 3.474 104.217 4.375
201903 4.352 104.217 5.481
201906 4.048 105.718 5.026
201909 3.982 106.018 4.930
201912 4.463 105.818 5.536
202003 4.712 105.718 5.850
202006 5.014 106.618 6.173
202009 4.703 105.818 5.834
202012 5.335 105.518 6.636
202103 5.694 107.518 6.951
202106 5.342 108.486 6.463
202109 5.378 109.435 6.450
202112 5.753 110.384 6.841
202203 5.629 113.968 6.483
202206 4.585 115.760 5.199
202209 4.277 118.818 4.725
202212 5.001 119.345 5.500
202303 5.664 122.402 6.074
202306 5.148 123.140 5.487
202309 5.371 124.195 5.676
202312 6.008 123.773 6.371
202403 6.601 125.038 6.929
202406 5.759 125.882 6.005
202409 6.302 126.198 6.555
202412 6.101 127.041 6.304
202503 6.246 127.779 6.416
202506 5.498 128.412 5.620
202509 5.428 129.255 5.512
202512 5.594 129.361 5.676
202603 5.842 131.258 5.842

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 5.89 mean?
Mensch und Maschine Software SE (MSHHF) has a Cyclically Adjusted PB Ratio of 5.89 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 Mensch und Maschine Software SE and its competitors. This is 55% below median its historical median of 13.22. Over the past decade, Mensch und Maschine Software SE's Cyclically Adjusted PB Ratio has ranged from 6.81 to 23.60. According to the industry distribution chart, Mensch und Maschine Software SE ranks #1360 out of 1598 companies in the Software industry, placing it in the top 85.1%.
Is Mensch und Maschine Software SE's Cyclically Adjusted PB Ratio too high?
Mensch und Maschine Software SE's current Cyclically Adjusted PB Ratio of 5.89 is 55% below median its 10-year median of 13.22. Over the past 10 years, this metric has ranged from a low of 6.81 to a high of 23.60. The Software industry median Cyclically Adjusted PB Ratio is 2.33. Mensch und Maschine Software SE's value of 5.89 is 153.3% above this industry median. Based on the distribution chart, Mensch und Maschine Software SE ranks #1360 out of 1598 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Mensch und Maschine Software SE has a GF Score™ of 65/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mensch und Maschine Software SE's Cyclically Adjusted PB Ratio compare to UBER and SHOP?
According to the Software industry distribution chart, Mensch und Maschine Software SE ranks #1360 out of 1598 companies for Cyclically Adjusted PB Ratio. This places Mensch und Maschine Software SE in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.33. Mensch und Maschine Software SE's value of 5.89 is 153.3% above this benchmark. Historically, Mensch und Maschine Software SE's own Cyclically Adjusted PB Ratio has ranged from 6.81 to 23.60 over the past decade. While the company's 10-year median is 13.22 vs. the industry median of 2.33, Mensch und Maschine Software SE 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 Software company?
The median Cyclically Adjusted PB Ratio among Software companies is 2.33, based on 1,598 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. Mensch und Maschine Software SE's current Cyclically Adjusted PB Ratio of 5.89 is 153.3% 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 Mensch und Maschine Software SE and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mensch und Maschine Software SE's current Cyclically Adjusted PB Ratio is 5.89, which is 55% below median its own 10-year median of 13.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mensch und Maschine Software SE stock overvalued right now?
Based on GuruFocus' analysis, Mensch und Maschine Software SE (MSHHF) is currently considered Significantly Undervalued. The stock's GF Value™ is $57.51, compared to a current price of $39.42 — trading 31.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 5.89, which is 55% below median its 10-year median of 13.22 and 153.3% above the Software industry median of 2.33. Mensch und Maschine Software SE's overall GF Score™ is 65/100 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 Mensch und Maschine Software SE (MSHHF), the current Cyclically Adjusted PB Ratio is 5.89 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 Mensch und Maschine Software SE (MSHHF) Overvalued in 2026?

Based on GuruFocus' analysis, Mensch und Maschine Software SE stock appears to be undervalued. The current stock price of $39.42 is trading 31.5% below its estimated GF Value™ of $57.51. GuruFocus considers Mensch und Maschine Software SE to be Significantly Undervalued.

Key valuation signals for MSHHF:

  • Cyclically Adjusted PB Ratio: 5.89 (55% below median its 10-year median of 13.22)
  • GF Value™: $57.51 vs. price of $39.42 (31.5% below fair value)
  • GF Score™: 65/100 with 3 warning signs
  • Industry Position: 153.3% above the Software median (#1360 of 1598)

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


Mensch und Maschine Software SE Business Description

Address Argelsrieder Feld 5, Wessling, BY, DEU, 82234
Mensch und Maschine Software SE is a Germany-based company engaged in the provision of technical software and digitization solutions in the CAD/CAM/CAE (Computer Aided Design, Manufacturing & Engineering) and PDM/PLM (Product Data /Lifecycle Management) and BIM (Building Information Modeling / Management) areas. The company's business model is based on two segments: i) M+M Digitization: It develops software solutions for customers in several European countries, and ii) M+M software: The M+M software segment develops standard software for CAD/CAM, BIM/Engineering, Garden/ Landscaping, and CAE. The majority of the company's revenue is generated from the M+M Digitization segment.
65GF Score

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

$39.42
Price
$57.51
GF Value