SNA (Snap-on) Cyclically Adjusted PB Ratio: 4.51 (As of Jul. 24, 2026) — 11% Above Median

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SNA Snap-on Inc SNA
90 GF Score
Price $395.41
GF Value $316.24
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Snap-on Cyclically Adjusted PB Ratio?

Snap-on SNA -2.65% 90 Cyclically Adjusted PB Ratio is 4.51 as of Jul. 24, 2026, which is 11% above its 10-year median of 4.06. GuruFocus rates SNA with a GF Score™ of 90/100 and a GF Value™ of $316.24 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 2,280 Industrial Products companies, Snap-on ranks worse than 75.22% on this metric.

As of today (2026-07-24), Snap-on's current share price is $395.41. Snap-on's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $87.67. Snap-on's Cyclically Adjusted PB Ratio for today is 4.51.

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

SNA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.18   Med: 4.06   Max: 5.69
Current: 4.51

During the past years, Snap-on's highest Cyclically Adjusted PB Ratio was 5.69. The lowest was 2.18. And the median was 4.06.

SNA's Cyclically Adjusted PB Ratio is ranked worse than
75.22% of 2280 companies
in the Industrial Products industry
Industry Median: 2.12 vs SNA: 4.51

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.

Snap-on's adjusted book value per share data for the three months ended in Mar. 2026 was $115.030. 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 $87.67 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Snap-on  (NYSE:SNA) 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.


Snap-on Cyclically Adjusted PB Ratio Related Terms


Snap-on Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Snap-on'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.

Snap-on Cyclically Adjusted PB Ratio Chart

Snap-on 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 3.92 3.62 4.13 4.41 4.07

Snap-on 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 4.25 3.82 4.15 4.07 4.14

SNA vs RBC, LECO, SWK: Cyclically Adjusted PB Ratio Comparison

For the Tools & Accessories subindustry, Snap-on'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.


Snap-on Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

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


SNA
90GF Score
Snap-on Inc SNA
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Snap-on 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.

Snap-on's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=395.41/87.67
=4.51

* 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.

Snap-on's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Snap-on'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)
=115.03/330.2130*330.2130
=115.030

Current CPI (Mar. 2026) = 330.2130.

Snap-on Quarterly Data

Book Value per Share CPI Adj_Book
201606 44.483 241.018 60.945
201609 46.025 241.428 62.951
201612 45.163 241.432 61.771
201703 47.416 243.801 64.222
201706 49.578 244.955 66.834
201709 51.253 246.819 68.570
201712 52.106 246.524 69.795
201803 54.491 249.554 72.103
201806 54.843 251.989 71.868
201809 56.331 252.439 73.686
201812 55.723 251.233 73.241
201903 57.715 254.202 74.973
201906 59.556 256.143 76.778
201909 60.238 256.759 77.471
201912 62.381 256.974 80.160
202003 61.306 258.115 78.430
202006 64.017 257.797 82.000
202009 66.759 260.280 84.696
202012 70.698 260.474 89.627
202103 71.717 264.877 89.407
202106 74.177 271.696 90.153
202109 75.334 274.310 90.687
202112 78.269 278.802 92.702
202203 80.536 287.504 92.500
202206 81.182 296.311 90.470
202209 81.221 296.808 90.362
202212 84.548 296.797 94.067
202303 87.100 301.836 95.289
202306 89.930 305.109 97.329
202309 91.516 307.789 98.183
202312 96.241 306.746 103.604
202403 97.519 312.332 103.102
202406 100.393 314.175 105.518
202409 104.274 315.301 109.206
202412 102.976 315.605 107.742
202503 105.582 319.799 109.020
202506 109.572 322.561 112.171
202509 111.900 324.800 113.765
202512 114.366 324.054 116.540
202603 115.030 330.213 115.030

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 4.51 mean?
Snap-on (SNA) has a Cyclically Adjusted PB Ratio of 4.51 as of Jul. 24, 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 Snap-on and its competitors. This is 11% above median its historical median of 4.06. Over the past decade, Snap-on's Cyclically Adjusted PB Ratio has ranged from 2.18 to 5.69. According to the industry distribution chart, Snap-on ranks #1715 out of 2280 companies in the Industrial Products industry, placing it in the top 75.2%.
Is Snap-on's Cyclically Adjusted PB Ratio too high?
Snap-on's current Cyclically Adjusted PB Ratio of 4.51 is 11% above median its 10-year median of 4.06. Over the past 10 years, this metric has ranged from a low of 2.18 to a high of 5.69. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.12. Snap-on's value of 4.51 is 112.7% above this industry median. Based on the distribution chart, Snap-on ranks #1715 out of 2280 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Snap-on has a GF Score™ of 90/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Snap-on's Cyclically Adjusted PB Ratio compare to RBC and LECO?
According to the Industrial Products industry distribution chart, Snap-on ranks #1715 out of 2280 companies for Cyclically Adjusted PB Ratio. This places Snap-on in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.12. Snap-on's value of 4.51 is 112.7% above this benchmark. Historically, Snap-on's own Cyclically Adjusted PB Ratio has ranged from 2.18 to 5.69 over the past decade. While the company's 10-year median is 4.06 vs. the industry median of 2.12, Snap-on 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 2.12, based on 2,280 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. Snap-on's current Cyclically Adjusted PB Ratio of 4.51 is 112.7% 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 Snap-on and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Snap-on's current Cyclically Adjusted PB Ratio is 4.51, which is 11% above median its own 10-year median of 4.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Snap-on stock overvalued right now?
Based on GuruFocus' analysis, Snap-on (SNA) is currently considered Modestly Overvalued. The stock's GF Value™ is $316.24, compared to a current price of $395.41 — trading 25% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 4.51, which is 11% above median its 10-year median of 4.06 and 112.7% above the Industrial Products industry median of 2.12. Snap-on's overall GF Score™ is 90/100 with 5 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 Snap-on (SNA), the current Cyclically Adjusted PB Ratio is 4.51 as of Jul. 24, 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 Snap-on (SNA) Overvalued in 2026?

Based on GuruFocus' analysis, Snap-on stock appears to be overvalued. The current stock price of $395.41 is trading 25% above its estimated GF Value™ of $316.24. GuruFocus considers Snap-on to be Modestly Overvalued.

Key valuation signals for SNA:

  • Cyclically Adjusted PB Ratio: 4.51 (11% above median its 10-year median of 4.06)
  • GF Value™: $316.24 vs. price of $395.41 (25% above fair value)
  • GF Score™: 90/100 with 5 warning signs
  • Industry Position: 112.7% above the Industrial Products median (#1715 of 2280)

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


Snap-on Business Description

Address 2801 80th Street, Kenosha, WI, USA, 53143
Snap-on is a manufacturer of premium tools, equipment, and diagnostics for professional technicians, primarily involved in the repair of passenger cars but having expanded into other industrial applications. The company's legacy business is selling hand tools through franchisee-operated mobile vans to technicians who purchase the tools at their own expense. The company also operates a commercial and industrial business that is focused on repair facilities serving other industries. The third segment, repair systems and information, targets auto OEMs and large dealerships more directly and also offers substantial diagnostic solutions to aid repairs. The company's finance arm provides financing to franchisees to run their operations, as well as underwriting end customer purchases.
90GF Score

Get the complete analysis for SNA

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

$395.41
Price
$316.24
GF Value