MTTRY (Ceconomy AG) Cyclically Adjusted PB Ratio: (As of Sep. 22, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MTTRY Ceconomy AG MTTRY
43 GF Score
Price $0.86
GF Value $0.55
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Ceconomy AG Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Ceconomy AG  (OTCPK:MTTRY) 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.


Ceconomy AG Cyclically Adjusted PB Ratio Related Terms


Ceconomy AG Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Ceconomy AG'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.

Ceconomy AG Cyclically Adjusted PB Ratio Chart

Ceconomy AG Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.11 0.21 0.54 1.19

Ceconomy AG 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 0.82 1.12 1.23 1.43 1.14

MTTRY vs CASY, WSM, ULTA: Cyclically Adjusted PB Ratio Comparison

For the Specialty Retail subindustry, Ceconomy AG'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.


Ceconomy AG Cyclically Adjusted PB Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Ceconomy AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


MTTRY
43GF Score
Ceconomy AG MTTRY
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ceconomy AG 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.

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

For example, Ceconomy AG'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)
=0.278/131.3638*131.3638
=0.278

Current CPI (Jun. 2026) = 131.3638.

Ceconomy AG Quarterly Data

Book Value per Share CPI Adj_Book
201609 3.667 101.017 4.769
201612 3.684 101.217 4.781
201703 -1.793 101.417 -2.322
201706 -0.313 102.117 -0.403
201709 0.486 102.717 0.622
201712 0.556 102.617 0.712
201803 0.506 102.917 0.646
201806 0.305 104.017 0.385
201809 0.433 104.718 0.543
201812 0.513 104.217 0.647
201903 0.508 104.217 0.640
201906 0.476 105.718 0.591
201909 0.479 106.018 0.594
201912 0.657 105.818 0.816
202003 0.414 105.718 0.514
202006 0.334 106.618 0.412
202009 0.360 105.818 0.447
202012 0.497 105.518 0.619
202103 0.536 107.518 0.655
202106 0.461 108.486 0.558
202109 0.492 109.435 0.591
202112 0.548 110.384 0.652
202203 0.427 113.968 0.492
202206 0.175 115.760 0.199
202209 0.239 118.818 0.264
202212 0.322 119.345 0.354
202303 0.313 122.402 0.336
202306 0.219 123.140 0.234
202309 0.203 124.195 0.215
202312 0.265 123.773 0.281
202403 0.295 125.038 0.310
202406 0.224 125.882 0.234
202409 0.237 126.198 0.247
202412 0.284 127.041 0.294
202503 0.299 127.779 0.307
202506 0.252 128.412 0.258
202509 0.235 129.255 0.239
202512 0.324 129.361 0.329
202603 0.310 131.258 0.310
202606 0.278 131.364 0.278

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 Ceconomy AG (MTTRY) Overvalued in 2026?

Based on GuruFocus' analysis, Ceconomy AG stock appears to be overvalued. The current stock price of $0.86 is trading 55.5% above its estimated GF Value™ of $0.55. GuruFocus considers Ceconomy AG to be Significantly Overvalued.

Key valuation signals for MTTRY:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: $0.55 vs. price of $0.86 (55.5% above fair value)
  • GF Score™: 43/100 with 4 warning signs

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


Ceconomy AG Business Description

Address Kaistrasse 3, Dusseldorf, NW, DEU, 40221
Ceconomy AG operates as a European omnichannel consumer electronics retailer and service platform. Its core business is the Retail Core, comprising the MediaMarkt, MediaWorld, and Saturn brands, which sell consumer electronics and related products through physical stores and online channels. The Group also offers service solutions such as warranties, repair, installation, mobile communications, insurance, financing, and sustainability services, along with platform offerings including Marketplace, private label products, Space as a Service, and Retail Media. The Company is organized into regional segments covering DACH, Western and Southern Europe, Eastern Europe, and Others, with operations across multiple European countries supported by an integrated omnichannel infrastructure.
43GF Score

Get the complete analysis for MTTRY

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

$0.86
Price
$0.55
GF Value