RTLLF (Rational AG) Cyclically Adjusted PB Ratio: 10.41 (As of Aug. 19, 2026) — 42% Below Median

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RTLLF Rational AG RTLLF
92 GF Score
Price $718.55
GF Value $902.29
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Rational AG Cyclically Adjusted PB Ratio?

Rational AG RTLLF 92 Cyclically Adjusted PB Ratio is 10.41 as of Aug. 19, 2026, which is 42% below its 10-year median of 17.80. GuruFocus rates RTLLF with a GF Score™ of 92/100 and a GF Value™ of $902.29 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 2,176 Industrial Products companies, Rational AG ranks worse than 92.83% on this metric.

As of today (2026-08-19), Rational AG's current share price is $718.5544. Rational AG's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $69.01. Rational AG's Cyclically Adjusted PB Ratio for today is 10.41.

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

RTLLF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 10.41   Med: 17.8   Max: 28.41
Current: 10.41

During the past years, Rational AG's highest Cyclically Adjusted PB Ratio was 28.41. The lowest was 10.41. And the median was 17.80.

RTLLF's Cyclically Adjusted PB Ratio is ranked worse than
92.83% of 2176 companies
in the Industrial Products industry
Industry Median: 2.16 vs RTLLF: 10.41

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.

Rational AG's adjusted book value per share data for the three months ended in Jun. 2026 was $85.693. 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 $69.01 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Rational AG  (OTCPK:RTLLF) 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.


Rational AG Cyclically Adjusted PB Ratio Related Terms


Rational AG Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Rational 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.

Rational AG Cyclically Adjusted PB Ratio Chart

Rational AG 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 25.15 13.21 14.86 15.81 11.58

Rational 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 13.02 11.58 11.58 10.53 10.66

RTLLF vs GEV, ETN, PH: Cyclically Adjusted PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, Rational 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.


Rational AG Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Rational AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


RTLLF
92GF Score
Rational AG RTLLF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Rational 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.

Rational AG's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=718.5544/69.01
=10.41

* 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.

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

For example, Rational 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)
=85.693/131.3638*131.3638
=85.693

Current CPI (Jun. 2026) = 131.3638.

Rational AG Quarterly Data

Book Value per Share CPI Adj_Book
201609 35.462 101.017 46.115
201612 36.828 101.217 47.797
201703 40.528 101.417 52.495
201706 34.257 102.117 44.068
201709 40.160 102.717 51.360
201712 44.186 102.617 56.564
201803 49.349 102.917 62.989
201806 37.801 104.017 47.739
201809 41.720 104.718 52.336
201812 45.578 104.217 57.450
201903 48.848 104.217 61.572
201906 42.144 105.718 52.368
201909 45.576 106.018 56.472
201912 50.559 105.818 62.765
202003 51.925 105.718 64.522
202006 46.696 106.618 57.534
202009 51.867 105.818 64.389
202012 57.253 105.518 71.277
202103 58.469 107.518 71.437
202106 57.625 108.486 69.777
202109 60.143 109.435 72.195
202112 59.959 110.384 71.355
202203 61.948 113.968 71.404
202206 52.066 115.760 59.084
202209 53.396 118.818 59.034
202212 65.238 119.345 71.808
202303 68.579 122.402 73.600
202306 59.964 123.140 63.968
202309 63.930 124.195 67.620
202312 72.968 123.773 77.443
202403 75.936 125.038 79.778
202406 66.476 125.882 69.371
202409 74.627 126.198 77.682
202412 78.916 127.041 81.601
202503 86.918 127.779 89.356
202506 81.935 128.412 83.819
202509 89.876 129.255 91.342
202512 96.889 129.361 98.389
202603 101.656 131.258 101.738
202606 85.693 131.364 85.693

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 10.41 mean?
Rational AG (RTLLF) has a Cyclically Adjusted PB Ratio of 10.41 as of Aug. 19, 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 Rational AG and its competitors. This is 42% below median its historical median of 17.80. Over the past decade, Rational AG's Cyclically Adjusted PB Ratio has ranged from 10.41 to 28.41. According to the industry distribution chart, Rational AG ranks #2020 out of 2176 companies in the Industrial Products industry, placing it in the top 92.8%.
Is Rational AG's Cyclically Adjusted PB Ratio too high?
Rational AG's current Cyclically Adjusted PB Ratio of 10.41 is 42% below median its 10-year median of 17.80. Over the past 10 years, this metric has ranged from a low of 10.41 to a high of 28.41. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.16. Rational AG's value of 10.41 is 381.9% above this industry median. Based on the distribution chart, Rational AG ranks #2020 out of 2176 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Rational AG has a GF Score™ of 92/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Rational AG's Cyclically Adjusted PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Rational AG ranks #2020 out of 2176 companies for Cyclically Adjusted PB Ratio. This places Rational AG in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.16. Rational AG's value of 10.41 is 381.9% above this benchmark. Historically, Rational AG's own Cyclically Adjusted PB Ratio has ranged from 10.41 to 28.41 over the past decade. While the company's 10-year median is 17.80 vs. the industry median of 2.16, Rational AG 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 an Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.16, based on 2,176 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. Rational AG's current Cyclically Adjusted PB Ratio of 10.41 is 381.9% 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 Rational AG and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rational AG's current Cyclically Adjusted PB Ratio is 10.41, which is 42% below median its own 10-year median of 17.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rational AG stock overvalued right now?
Based on GuruFocus' analysis, Rational AG (RTLLF) is currently considered Modestly Undervalued. The stock's GF Value™ is $902.29, compared to a current price of $718.55 — trading 20.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 10.41, which is 42% below median its 10-year median of 17.80 and 381.9% above the Industrial Products industry median of 2.16. Rational AG's overall GF Score™ is 92/100 with 2 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 Rational AG (RTLLF), the current Cyclically Adjusted PB Ratio is 10.41 as of Aug. 19, 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 Rational AG (RTLLF) Overvalued in 2026?

Based on GuruFocus' analysis, Rational AG stock appears to be undervalued. The current stock price of $718.55 is trading 20.4% below its estimated GF Value™ of $902.29. GuruFocus considers Rational AG to be Modestly Undervalued.

Key valuation signals for RTLLF:

  • Cyclically Adjusted PB Ratio: 10.41 (42% below median its 10-year median of 17.80)
  • GF Value™: $902.29 vs. price of $718.55 (20.4% below fair value)
  • GF Score™: 92/100 with 2 warning signs
  • Industry Position: 381.9% above the Industrial Products median (#2020 of 2176)

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


Rational AG Business Description

Address Siegfried-Meister-Strasse 1, Landsberg am Lech, BY, DEU, 86899
Rational specializes in manufacturing automated multifunctional ovens for professional kitchens that replace conventional cooking appliances such as a stove, grill, and oven. Rational has produced over 1 million combi-steamers since its first combi-steamer in 1976, which are used to prepare 160 million food dishes daily. Approximately 72% of group revenue is generated from the sale of cooking appliances, mostly the iCombi Pro that was launched in May 2020 and its predecessor product. Rational has a presence in over 120 countries. The majority of revenue is earned in Europe, followed by North America and Asia.
92GF Score

Get the complete analysis for RTLLF

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

$718.55
Price
$902.29
GF Value