Snap-on (STU:SPU) Cyclically Adjusted PB Ratio: 4.53 (As of Jul. 28, 2026) — 12% Above Median

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STU:SPU Snap-on Inc STU:SPU
88 GF Score
Price €357.40
GF Value €294.82
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Snap-on Cyclically Adjusted PB Ratio?

Snap-on STU:SPU +0.56% 88 Cyclically Adjusted PB Ratio is 4.53 as of Jul. 28, 2026, which is 12% above its 10-year median of 4.06. GuruFocus rates STU:SPU with a GF Score™ of 88/100 and a GF Value™ of €294.82 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 2,278 Industrial Products companies, Snap-on ranks worse than 75.86% on this metric.

As of today (2026-07-28), Snap-on's current share price is €357.40. Snap-on's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €78.86. Snap-on's Cyclically Adjusted PB Ratio for today is 4.53.

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

STU:SPU' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.18   Med: 4.06   Max: 5.69
Current: 4.52

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.

STU:SPU's Cyclically Adjusted PB Ratio is ranked worse than
75.86% of 2278 companies
in the Industrial Products industry
Industry Median: 2.105 vs STU:SPU: 4.52

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 Jun. 2026 was €101.387. 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 €78.86 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Snap-on  (STU:SPU) 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
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 3.82 4.15 4.07 4.14 4.47

STU:SPU vs RBC, SWK, LECO: 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.


STU:SPU
88GF Score
Snap-on Inc STU:SPU
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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
=357.40/78.86
=4.53

* 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 Jun. 2026 is calculated as:

For example, Snap-on'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)
=101.387/333.9520*333.9520
=101.387

Current CPI (Jun. 2026) = 333.9520.

Snap-on Quarterly Data

Book Value per Share CPI Adj_Book
201609 41.008 241.428 56.724
201612 42.815 241.432 59.222
201703 44.334 243.801 60.728
201706 44.124 244.955 60.155
201709 43.002 246.819 58.183
201712 44.030 246.524 59.645
201803 44.192 249.554 59.138
201806 46.946 251.989 62.216
201809 48.276 252.439 63.864
201812 48.980 251.233 65.107
201903 51.078 254.202 67.103
201906 52.707 256.143 68.718
201909 54.696 256.759 71.140
201912 56.143 256.974 72.961
202003 55.482 258.115 71.783
202006 56.847 257.797 73.640
202009 56.678 260.280 72.721
202012 58.114 260.474 74.508
202103 60.242 264.877 75.952
202106 61.567 271.696 75.674
202109 64.034 274.310 77.957
202112 69.268 278.802 82.970
202203 73.127 287.504 84.941
202206 76.798 296.311 86.554
202209 82.033 296.808 92.299
202212 79.813 296.797 89.805
202303 81.351 301.836 90.007
202306 83.005 305.109 90.852
202309 85.750 307.789 93.039
202312 88.253 306.746 96.080
202403 89.717 312.332 95.927
202406 93.265 314.175 99.136
202409 93.951 315.301 99.508
202412 98.342 315.605 104.059
202503 97.664 319.799 101.986
202506 94.999 322.561 98.354
202509 95.338 324.800 98.024
202512 97.668 324.054 100.651
202603 99.501 330.213 100.628
202606 101.387 333.952 101.387

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 4.53 mean?
Snap-on (STU:SPU) has a Cyclically Adjusted PB Ratio of 4.53 as of Jul. 28, 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 12% 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 #1728 out of 2278 companies in the Industrial Products industry, placing it in the top 75.9%.
Is Snap-on's Cyclically Adjusted PB Ratio too high?
Snap-on's current Cyclically Adjusted PB Ratio of 4.53 is 12% 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 2.11. Snap-on's value of 4.53 is 115.2% above this industry median. Based on the distribution chart, Snap-on ranks #1728 out of 2278 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Snap-on has a GF Score™ of 88/100 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 SWK?
According to the Industrial Products industry distribution chart, Snap-on ranks #1728 out of 2278 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 2.11. Snap-on's value of 4.53 is 115.2% 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 2.11, 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 2.11, based on 2,278 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 4.53 is 115.2% 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 2.11 — 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 4.53, which is 12% 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 (STU:SPU) is currently considered Modestly Overvalued. The stock's GF Value™ is €294.82, compared to a current price of €357.40 — trading 21.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 4.53, which is 12% above median its 10-year median of 4.06 and 115.2% above the Industrial Products industry median of 2.11. Snap-on's overall GF Score™ is 88/100 with 6 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 (STU:SPU), the current Cyclically Adjusted PB Ratio is 4.53 as of Jul. 28, 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 (STU:SPU) Overvalued in 2026?

Based on GuruFocus' analysis, Snap-on stock appears to be overvalued. The current stock price of €357.40 is trading 21.2% above its estimated GF Value™ of €294.82. GuruFocus considers Snap-on to be Modestly Overvalued.

Key valuation signals for STU:SPU:

  • Cyclically Adjusted PB Ratio: 4.53 (12% above median its 10-year median of 4.06)
  • GF Value™: €294.82 vs. price of €357.40 (21.2% above fair value)
  • GF Score™: 88/100 with 6 warning signs
  • Industry Position: 115.2% above the Industrial Products median (#1728 of 2278)

No single metric tells the full story. See the STU:SPU 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.
88GF Score

Get the complete analysis for STU:SPU

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

€357.40
Price
€294.82
GF Value