AZZ (STU:AI7) Cyclically Adjusted PB Ratio: 4.42 (As of Jul. 15, 2026) — 64% Above Median

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STU:AI7 AZZ Inc STU:AI7
87 GF Score
Price €131.00
GF Value €74.50
Valuation Significantly Overvalued
! 7 Warning Signs
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What is AZZ Cyclically Adjusted PB Ratio?

AZZ STU:AI7 +2.34% 87 Cyclically Adjusted PB Ratio is 4.42 as of Jul. 15, 2026, which is 64% above its 10-year median of 2.70. GuruFocus rates STU:AI7 with a GF Score™ of 87/100 and a GF Value™ of €74.50 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 730 Business Services companies, AZZ ranks worse than 83.42% on this metric.

As of today (2026-07-15), AZZ's current share price is €131.00. AZZ's Cyclically Adjusted Book per Share for the quarter that ended in May. 2026 was €29.66. AZZ's Cyclically Adjusted PB Ratio for today is 4.42.

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

STU:AI7' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.39   Med: 2.7   Max: 5.77
Current: 4.44

During the past years, AZZ's highest Cyclically Adjusted PB Ratio was 5.77. The lowest was 1.39. And the median was 2.70.

STU:AI7's Cyclically Adjusted PB Ratio is ranked worse than
83.42% of 730 companies
in the Business Services industry
Industry Median: 1.565 vs STU:AI7: 4.44

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.

AZZ's adjusted book value per share data for the three months ended in May. 2026 was €39.241. 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 €29.66 for the trailing ten years ended in May. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


AZZ  (STU:AI7) 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.


AZZ Cyclically Adjusted PB Ratio Related Terms


AZZ Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for AZZ'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.

AZZ Cyclically Adjusted PB Ratio Chart

AZZ Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.17 1.60 2.62 3.22 4.19

AZZ Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 2.97 3.61 3.32 4.19 4.01

STU:AI7 vs UNF, AMTM, DLB: Cyclically Adjusted PB Ratio Comparison

For the Specialty Business Services subindustry, AZZ'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.


AZZ Cyclically Adjusted PB Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, AZZ's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


STU:AI7
87GF Score
AZZ Inc STU:AI7
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AZZ 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.

AZZ's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=131.00/29.66
=4.42

* 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.

AZZ's Cyclically Adjusted Book per Share for the quarter that ended in May. 2026 is calculated as:

For example, AZZ's adjusted Book Value per Share data for the three months ended in May. 2026 was:

Adj_Book=Book Value per Share/CPI of May. 2026 (Change)*Current CPI (May. 2026)
=39.241/335.1230*335.1230
=39.241

Current CPI (May. 2026) = 335.1230.

AZZ Quarterly Data

Book Value per Share CPI Adj_Book
201608 17.520 240.849 24.378
201611 18.548 241.353 25.754
201702 19.281 243.603 26.525
201705 18.675 244.733 25.572
201708 17.791 245.519 24.284
201711 17.851 246.669 24.252
201802 17.636 248.991 23.737
201805 18.736 251.588 24.957
201808 19.478 252.146 25.888
201811 20.101 252.038 26.727
201902 20.367 252.776 27.002
201905 21.169 256.092 27.702
201908 21.758 256.558 28.421
201911 22.530 257.208 29.355
202002 22.247 258.678 28.821
202005 22.252 256.394 29.085
202008 20.465 259.918 26.386
202011 20.762 260.229 26.737
202102 20.530 263.014 26.159
202105 20.924 269.195 26.048
202108 21.846 273.567 26.762
202111 22.990 277.948 27.719
202202 23.815 283.716 28.130
202205 26.346 292.296 30.206
202208 34.117 296.171 38.604
202211 33.610 297.711 37.834
202302 23.235 300.840 25.883
202305 32.041 304.127 35.307
202308 32.832 307.026 35.837
202311 33.932 307.051 37.034
202402 25.879 310.326 27.947
202405 30.009 314.069 32.021
202408 30.350 314.796 32.310
202411 32.462 315.493 34.482
202502 33.553 319.082 35.240
202505 35.894 321.465 37.419
202508 37.239 323.976 38.520
202511 38.222 324.122 39.519
202602 37.856 326.785 38.822
202605 39.241 335.123 39.241

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 4.42 mean?
AZZ (STU:AI7) has a Cyclically Adjusted PB Ratio of 4.42 as of Jul. 15, 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 AZZ and its competitors. This is 64% above median its historical median of 2.70. Over the past decade, AZZ's Cyclically Adjusted PB Ratio has ranged from 1.39 to 5.77. According to the industry distribution chart, AZZ ranks #609 out of 730 companies in the Business Services industry, placing it in the top 83.4%.
Is AZZ's Cyclically Adjusted PB Ratio too high?
AZZ's current Cyclically Adjusted PB Ratio of 4.42 is 64% above median its 10-year median of 2.70. Over the past 10 years, this metric has ranged from a low of 1.39 to a high of 5.77. The Business Services industry median Cyclically Adjusted PB Ratio is 1.57. AZZ's value of 4.42 is 182.4% above this industry median. Based on the distribution chart, AZZ ranks #609 out of 730 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, AZZ has a GF Score™ of 87/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does AZZ's Cyclically Adjusted PB Ratio compare to UNF and AMTM?
According to the Business Services industry distribution chart, AZZ ranks #609 out of 730 companies for Cyclically Adjusted PB Ratio. This places AZZ in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.57. AZZ's value of 4.42 is 182.4% above this benchmark. Historically, AZZ's own Cyclically Adjusted PB Ratio has ranged from 1.39 to 5.77 over the past decade. While the company's 10-year median is 2.70 vs. the industry median of 1.57, AZZ 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 Business Services company?
The median Cyclically Adjusted PB Ratio among Business Services companies is 1.57, based on 730 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. AZZ's current Cyclically Adjusted PB Ratio of 4.42 is 182.4% 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 AZZ and its competitors. For the Business Services industry, the median Cyclically Adjusted PB Ratio is 1.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AZZ's current Cyclically Adjusted PB Ratio is 4.42, which is 64% above median its own 10-year median of 2.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AZZ stock overvalued right now?
Based on GuruFocus' analysis, AZZ (STU:AI7) is currently considered Significantly Overvalued. The stock's GF Value™ is €74.50, compared to a current price of €131.00 — trading 75.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 4.42, which is 64% above median its 10-year median of 2.70 and 182.4% above the Business Services industry median of 1.57. AZZ's overall GF Score™ is 87/100 with 7 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 AZZ (STU:AI7), the current Cyclically Adjusted PB Ratio is 4.42 as of Jul. 15, 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 AZZ (STU:AI7) Overvalued in 2026?

Based on GuruFocus' analysis, AZZ stock appears to be overvalued. The current stock price of €131.00 is trading 75.8% above its estimated GF Value™ of €74.50. GuruFocus considers AZZ to be Significantly Overvalued.

Key valuation signals for STU:AI7:

  • Cyclically Adjusted PB Ratio: 4.42 (64% above median its 10-year median of 2.70)
  • GF Value™: €74.50 vs. price of €131.00 (75.8% above fair value)
  • GF Score™: 87/100 with 7 warning signs
  • Industry Position: 182.4% above the Business Services median (#609 of 730)

No single metric tells the full story. See the STU:AI7 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


AZZ Business Description

Other Exchanges AZZ:USAAI7:Germany
Address 3100 West 7th Street, Suite 500, One Museum Place, Fort Worth, TX, USA, 76107
AZZ Inc is a provider of galvanizing and coil coating solutions to a broad range of end markets in North America. The company's operating segment consists of AZZ Metal Coatings, AZZ Precoat Metals, and AZZ Infrastructure Solutions. The company generates the majority of its revenue from the Precoat Metals segment, which provides coil coating application of protective and decorative coatings and related value-added downstream processing for steel and aluminum coils. Geographically, the company operates in the United States and Canada.
87GF Score

Get the complete analysis for STU:AI7

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

€131.00
Price
€74.50
GF Value