Minerals Technologies (STU:MNK) Cyclically Adjusted PB Ratio: 1.45 (As of Jul. 30, 2026) — 20% Below Median

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STU:MNK Minerals Technologies Inc STU:MNK
75 GF Score
Price €64.00
GF Value €60.87
Valuation Fairly Valued
! 7 Warning Signs
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What is Minerals Technologies Cyclically Adjusted PB Ratio?

Minerals Technologies STU:MNK +0.79% 75 Cyclically Adjusted PB Ratio is 1.45 as of Jul. 30, 2026, which is 20% below its 10-year median of 1.81. GuruFocus rates STU:MNK with a GF Score™ of 75/100 and a GF Value™ of €60.87 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,258 Chemicals companies, Minerals Technologies ranks better than 54.77% on this metric.

As of today (2026-07-30), Minerals Technologies's current share price is €64.00. Minerals Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €44.04. Minerals Technologies's Cyclically Adjusted PB Ratio for today is 1.45.

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

STU:MNK' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.02   Med: 1.81   Max: 3.45
Current: 1.44

During the past years, Minerals Technologies's highest Cyclically Adjusted PB Ratio was 3.45. The lowest was 1.02. And the median was 1.81.

STU:MNK's Cyclically Adjusted PB Ratio is ranked better than
54.77% of 1258 companies
in the Chemicals industry
Industry Median: 1.64 vs STU:MNK: 1.44

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.

Minerals Technologies's adjusted book value per share data for the three months ended in Mar. 2026 was €48.176. 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 €44.04 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Minerals Technologies  (STU:MNK) 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.


Minerals Technologies Cyclically Adjusted PB Ratio Related Terms


Minerals Technologies Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Minerals Technologies'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.

Minerals Technologies Cyclically Adjusted PB Ratio Chart

Minerals Technologies 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 2.03 1.51 1.64 1.63 1.22

Minerals Technologies 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 1.33 1.13 1.26 1.22 1.39

STU:MNK vs IOSP, NGVT, CC: Cyclically Adjusted PB Ratio Comparison

For the Specialty Chemicals subindustry, Minerals Technologies'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.


Minerals Technologies Cyclically Adjusted PB Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Minerals Technologies's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


STU:MNK
75GF Score
Minerals Technologies Inc STU:MNK
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Minerals Technologies 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.

Minerals Technologies's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=64.00/44.04
=1.45

* 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.

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

For example, Minerals Technologies'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)
=48.176/330.2130*330.2130
=48.176

Current CPI (Mar. 2026) = 330.2130.

Minerals Technologies Quarterly Data

Book Value per Share CPI Adj_Book
201606 24.648 241.018 33.770
201609 25.846 241.428 35.351
201612 27.285 241.432 37.318
201703 28.148 243.801 38.125
201706 28.242 244.955 38.072
201709 27.905 246.819 37.333
201712 29.900 246.524 40.050
201803 29.860 249.554 39.511
201806 31.250 251.989 40.951
201809 31.844 252.439 41.655
201812 33.809 251.233 44.438
201903 35.002 254.202 45.468
201906 35.107 256.143 45.259
201909 36.541 256.759 46.995
201912 36.546 256.974 46.962
202003 36.488 258.115 46.680
202006 36.605 257.797 46.887
202009 35.917 260.280 45.567
202012 35.440 260.474 44.929
202103 36.380 264.877 45.354
202106 37.054 271.696 45.035
202109 38.457 274.310 46.294
202112 41.061 278.802 48.633
202203 42.967 287.504 49.350
202206 44.794 296.311 49.919
202209 46.749 296.808 52.010
202212 45.885 296.797 51.051
202303 46.575 301.836 50.954
202306 46.130 305.109 49.926
202309 45.753 307.789 49.086
202312 46.748 306.746 50.324
202403 47.313 312.332 50.022
202406 48.014 314.175 50.465
202409 48.202 315.301 50.482
202412 52.307 315.605 54.728
202503 46.459 319.799 47.972
202506 45.704 322.561 46.788
202509 45.843 324.800 46.607
202512 47.150 324.054 48.046
202603 48.176 330.213 48.176

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 1.45 mean?
Minerals Technologies (STU:MNK) has a Cyclically Adjusted PB Ratio of 1.45 as of Jul. 30, 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 Minerals Technologies and its competitors. This is 20% below median its historical median of 1.81. Over the past decade, Minerals Technologies' Cyclically Adjusted PB Ratio has ranged from 1.02 to 3.45. According to the industry distribution chart, Minerals Technologies ranks #569 out of 1258 companies in the Chemicals industry, placing it in the top 45.2%.
Is Minerals Technologies' Cyclically Adjusted PB Ratio too high?
Minerals Technologies' current Cyclically Adjusted PB Ratio of 1.45 is 20% below median its 10-year median of 1.81. Over the past 10 years, this metric has ranged from a low of 1.02 to a high of 3.45. The Chemicals industry median Cyclically Adjusted PB Ratio is 1.64. Minerals Technologies' value of 1.45 is 11.6% below this industry median. Based on the distribution chart, Minerals Technologies ranks #569 out of 1258 companies in the Chemicals industry, which is above the industry midpoint. Overall, Minerals Technologies has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Minerals Technologies' Cyclically Adjusted PB Ratio compare to IOSP and NGVT?
According to the Chemicals industry distribution chart, Minerals Technologies ranks #569 out of 1258 companies for Cyclically Adjusted PB Ratio. This puts Minerals Technologies in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.64. Minerals Technologies' value of 1.45 is 11.6% below this benchmark. Historically, Minerals Technologies' own Cyclically Adjusted PB Ratio has ranged from 1.02 to 3.45 over the past decade. While the company's 10-year median is 1.81 vs. the industry median of 1.64, Minerals Technologies has consistently been below 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 Chemicals company?
The median Cyclically Adjusted PB Ratio among Chemicals companies is 1.64, based on 1,258 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. Minerals Technologies's current Cyclically Adjusted PB Ratio of 1.45 is 11.6% below 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 Minerals Technologies and its competitors. For the Chemicals industry, the median Cyclically Adjusted PB Ratio is 1.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Minerals Technologies's current Cyclically Adjusted PB Ratio is 1.45, which is 20% below median its own 10-year median of 1.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Minerals Technologies stock overvalued right now?
Based on GuruFocus' analysis, Minerals Technologies (STU:MNK) is currently considered Fairly Valued. The stock's GF Value™ is €60.87, compared to a current price of €64.00 — trading 5.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.45, which is 20% below median its 10-year median of 1.81 and 11.6% below the Chemicals industry median of 1.64. Minerals Technologies' overall GF Score™ is 75/100 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 Minerals Technologies (STU:MNK), the current Cyclically Adjusted PB Ratio is 1.45 as of Jul. 30, 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 Minerals Technologies (STU:MNK) Overvalued in 2026?

Based on GuruFocus' analysis, Minerals Technologies stock appears to be overvalued. The current stock price of €64.00 is trading 5.1% above its estimated GF Value™ of €60.87. GuruFocus considers Minerals Technologies to be Fairly Valued.

Key valuation signals for STU:MNK:

  • Cyclically Adjusted PB Ratio: 1.45 (20% below median its 10-year median of 1.81)
  • GF Value™: €60.87 vs. price of €64.00 (5.1% above fair value)
  • GF Score™: 75/100 with 7 warning signs
  • Industry Position: 11.6% below the Chemicals median (#569 of 1258)

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


Minerals Technologies Business Description

Other Exchanges MTX:USA
Address 622 Third Avenue, 38th Floor, New York, NY, USA, 10017-6707
Minerals Technologies Inc mines, produces, and sells mineral-based products. The firm organizes itself into two segments: The Consumer & Specialties segment that derives maximum revenue, serves consumer end markets directly with mineral-to-market finished products and also provides specialty mineral-based solutions and technologies that are an essential component of its customers' finished products; and The Engineered Solutions segment serves industrial end markets with engineered systems, mineral blends, and technologies that are designed to improve its customers' manufacturing processes and projects. The majority of revenue comes from the United States, while it also has its presence in Canada/Latin America, Europe/Africa, and Asia.
75GF Score

Get the complete analysis for STU:MNK

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

€64.00
Price
€60.87
GF Value