Ryder System (STU:RYD) Cyclically Adjusted PB Ratio: 3.50 (As of Sep. 17, 2026) — 80% Above Median

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STU:RYD Ryder System Inc STU:RYD
85 GF Score
Price €206.00
GF Value €156.28
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Ryder System Cyclically Adjusted PB Ratio?

Ryder System STU:RYD -0.96% 85 Cyclically Adjusted PB Ratio is 3.50 as of Sep. 17, 2026, which is 80% above its 10-year median of 1.94. GuruFocus rates STU:RYD with a GF Score™ of 85/100 and a GF Value™ of €156.28 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 688 Business Services companies, Ryder System ranks worse than 81.25% on this metric.

As of today (2026-09-17), Ryder System's current share price is €206.00. Ryder System's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €58.80. Ryder System's Cyclically Adjusted PB Ratio for today is 3.50.

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

STU:RYD' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.57   Med: 1.94   Max: 4.34
Current: 3.69

During the past years, Ryder System's highest Cyclically Adjusted PB Ratio was 4.34. The lowest was 0.57. And the median was 1.94.

STU:RYD's Cyclically Adjusted PB Ratio is ranked worse than
81.25% of 688 companies
in the Business Services industry
Industry Median: 1.53 vs STU:RYD: 3.69

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.

Ryder System's adjusted book value per share data for the three months ended in Jun. 2026 was €65.668. 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 €58.80 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ryder System  (STU:RYD) 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.


Ryder System Cyclically Adjusted PB Ratio Related Terms


Ryder System Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Ryder System'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.

Ryder System Cyclically Adjusted PB Ratio Chart

Ryder System 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 1.81 1.71 2.08 2.76 2.82

Ryder System 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 2.44 2.85 2.92 3.05 3.91

STU:RYD vs UHAL, GATX, HRI: Cyclically Adjusted PB Ratio Comparison

For the Rental & Leasing Services subindustry, Ryder System'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.


Ryder System Cyclically Adjusted PB Ratio vs Business Services Industry

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

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


STU:RYD
85GF Score
Ryder System Inc STU:RYD
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ryder System 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.

Ryder System's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=206.00/58.796
=3.50

* 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.

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

For example, Ryder System'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)
=65.668/333.9520*333.9520
=65.668

Current CPI (Jun. 2026) = 333.9520.

Ryder System Quarterly Data

Book Value per Share CPI Adj_Book
201609 34.900 241.428 48.275
201612 36.394 241.432 50.341
201703 36.306 243.801 49.731
201706 34.852 244.955 47.514
201709 34.748 246.819 47.015
201712 44.688 246.524 60.536
201803 43.781 249.554 58.588
201806 45.836 251.989 60.745
201809 47.329 252.439 62.612
201812 41.775 251.233 55.530
201903 42.889 254.202 56.344
201906 42.934 256.143 55.976
201909 42.634 256.759 55.452
201912 41.406 256.974 53.809
202003 38.037 258.115 49.213
202006 35.719 257.797 46.271
202009 34.032 260.280 43.665
202012 34.308 260.474 43.986
202103 36.006 264.877 45.396
202106 37.921 271.696 46.610
202109 40.394 274.310 49.177
202112 45.741 278.802 54.789
202203 46.546 287.504 54.066
202206 52.924 296.311 59.647
202209 61.159 296.808 68.813
202212 59.454 296.797 66.897
202303 59.491 301.836 65.821
202306 62.331 305.109 68.223
202309 65.997 307.789 71.607
202312 63.283 306.746 68.896
202403 64.751 312.332 69.233
202406 66.417 314.175 70.598
202409 64.749 315.301 68.579
202412 71.534 315.605 75.692
202503 67.247 319.799 70.223
202506 64.199 322.561 66.466
202509 65.216 324.800 67.054
202512 65.927 324.054 67.941
202603 64.110 330.213 64.836
202606 65.668 333.952 65.668

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 3.50 mean?
Ryder System (STU:RYD) has a Cyclically Adjusted PB Ratio of 3.50 as of Sep. 17, 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 Ryder System and its competitors. This is 80% above median its historical median of 1.94. Over the past decade, Ryder System's Cyclically Adjusted PB Ratio has ranged from 0.57 to 4.34. According to the industry distribution chart, Ryder System ranks #559 out of 688 companies in the Business Services industry, placing it in the top 81.2%.
Is Ryder System's Cyclically Adjusted PB Ratio too high?
Ryder System's current Cyclically Adjusted PB Ratio of 3.50 is 80% above median its 10-year median of 1.94. Over the past 10 years, this metric has ranged from a low of 0.57 to a high of 4.34. The Business Services industry median Cyclically Adjusted PB Ratio is 1.53. Ryder System's value of 3.50 is 128.8% above this industry median. Based on the distribution chart, Ryder System ranks #559 out of 688 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Ryder System has a GF Score™ of 85/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ryder System's Cyclically Adjusted PB Ratio compare to UHAL and GATX?
According to the Business Services industry distribution chart, Ryder System ranks #559 out of 688 companies for Cyclically Adjusted PB Ratio. This places Ryder System in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.53. Ryder System's value of 3.50 is 128.8% above this benchmark. Historically, Ryder System's own Cyclically Adjusted PB Ratio has ranged from 0.57 to 4.34 over the past decade. While the company's 10-year median is 1.94 vs. the industry median of 1.53, Ryder System 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 1.53, based on 688 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. Ryder System's current Cyclically Adjusted PB Ratio of 3.50 is 128.8% 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 Ryder System and its competitors. For the Business Services industry, the median Cyclically Adjusted PB Ratio is 1.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ryder System's current Cyclically Adjusted PB Ratio is 3.50, which is 80% above median its own 10-year median of 1.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ryder System stock overvalued right now?
Based on GuruFocus' analysis, Ryder System (STU:RYD) is currently considered Significantly Overvalued. The stock's GF Value™ is €156.28, compared to a current price of €206.00 — trading 31.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.50, which is 80% above median its 10-year median of 1.94 and 128.8% above the Business Services industry median of 1.53. Ryder System's overall GF Score™ is 85/100 with 3 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 Ryder System (STU:RYD), the current Cyclically Adjusted PB Ratio is 3.50 as of Sep. 17, 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 Ryder System (STU:RYD) Overvalued in 2026?

Based on GuruFocus' analysis, Ryder System stock appears to be overvalued. The current stock price of €206.00 is trading 31.8% above its estimated GF Value™ of €156.28. GuruFocus considers Ryder System to be Significantly Overvalued.

Key valuation signals for STU:RYD:

  • Cyclically Adjusted PB Ratio: 3.50 (80% above median its 10-year median of 1.94)
  • GF Value™: €156.28 vs. price of €206.00 (31.8% above fair value)
  • GF Score™: 85/100 with 3 warning signs
  • Industry Position: 128.8% above the Business Services median (#559 of 688)

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


Ryder System Business Description

Other Exchanges R:USAR1:Mexico
Address 2333 Ponce de Leon Boulevard, Suite 700, Miami Coral Gables, FL, USA, 33134
Ryder System Inc operates in three business segments: (1) Fleet Management Solutions which provides full-service leasing and leasing with flexible maintenance options, commercial rental and maintenance services of trucks, tractors and trailers to customers; (2) Supply Chain Solutions (SCS), which provides integrated logistics solutions, including distribution management, dedicated transportation, transportation management, brokerage, e-commerce, last mile, and professional services; and (3) Dedicated Transportation Solutions (DTS), which provides turnkey transportation solutions in the U.S., including dedicated vehicles, professional drivers, management, and administrative support.
85GF Score

Get the complete analysis for STU:RYD

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

€206.00
Price
€156.28
GF Value