THRM (Gentherm) Cyclically Adjusted PB Ratio: 1.71 (As of Jul. 09, 2026) — 63% Below Median


THRM Gentherm Inc THRM
78 GF Score
Price $35.68
GF Value $45.65
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Gentherm Cyclically Adjusted PB Ratio?

Gentherm THRM +3.48% 78 Cyclically Adjusted PB Ratio is 1.71 as of Jul. 09, 2026, which is 63% below its 10-year median of 4.60. GuruFocus rates THRM with a GF Score™ of 78/100 and a GF Value™ of $45.65 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,038 Vehicles & Parts companies, Gentherm ranks worse than 55.68% on this metric.

As of today (2026-07-09), Gentherm's current share price is $35.68. Gentherm's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $20.88. Gentherm's Cyclically Adjusted PB Ratio for today is 1.71.

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

THRM' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.21   Med: 4.6   Max: 7.72
Current: 1.65

During the past years, Gentherm's highest Cyclically Adjusted PB Ratio was 7.72. The lowest was 1.21. And the median was 4.60.

THRM's Cyclically Adjusted PB Ratio is ranked worse than
55.68% of 1038 companies
in the Vehicles & Parts industry
Industry Median: 1.33 vs THRM: 1.65

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.

Gentherm's adjusted book value per share data for the three months ended in Mar. 2026 was $23.363. 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 $20.88 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gentherm  (NAS:THRM) 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.


Gentherm Cyclically Adjusted PB Ratio Related Terms


Gentherm Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Gentherm'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.

Gentherm Cyclically Adjusted PB Ratio Chart

Gentherm 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 6.52 4.22 3.03 2.12 1.79

Gentherm 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 1.39 1.43 1.69 1.79 1.33

THRM vs PLOW, SMP, DCH: Cyclically Adjusted PB Ratio Comparison

For the Auto Parts subindustry, Gentherm'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.


Gentherm Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Gentherm's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


THRM
78GF Score
Gentherm Inc THRM
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Gentherm 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=35.68/20.88
=1.71

* 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.

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

For example, Gentherm'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)
=23.363/330.2130*330.2130
=23.363

Current CPI (Mar. 2026) = 330.2130.

Gentherm Quarterly Data

Book Value per Share CPI Adj_Book
201606 11.536 241.018 15.805
201609 12.197 241.428 16.682
201612 12.602 241.432 17.236
201703 13.539 243.801 18.338
201706 14.474 244.955 19.512
201709 15.017 246.819 20.091
201712 15.067 246.524 20.182
201803 16.591 249.554 21.953
201806 16.165 251.989 21.183
201809 15.394 252.439 20.137
201812 14.168 251.233 18.622
201903 14.218 254.202 18.469
201906 14.036 256.143 18.095
201909 13.792 256.759 17.738
201912 14.816 256.974 19.039
202003 14.429 258.115 18.459
202006 14.379 257.797 18.418
202009 15.661 260.280 19.869
202012 17.810 260.474 22.578
202103 18.506 264.877 23.071
202106 19.466 271.696 23.659
202109 19.729 274.310 23.750
202112 19.808 278.802 23.461
202203 19.796 287.504 22.737
202206 19.413 296.311 21.634
202209 18.800 296.808 20.916
202212 20.248 296.797 22.528
202303 20.537 301.836 22.468
202306 20.327 305.109 21.999
202309 20.127 307.789 21.593
202312 20.440 306.746 22.004
202403 20.458 312.332 21.629
202406 20.445 314.175 21.489
202409 21.329 315.301 22.338
202412 20.038 315.605 20.965
202503 20.951 319.799 21.633
202506 22.927 322.561 23.471
202509 23.520 324.800 23.912
202512 23.597 324.054 24.045
202603 23.363 330.213 23.363

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 1.71 mean?
Gentherm (THRM) has a Cyclically Adjusted PB Ratio of 1.71 as of Jul. 09, 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 Gentherm and its competitors. This is 63% below median its historical median of 4.60. Over the past decade, Gentherm's Cyclically Adjusted PB Ratio has ranged from 1.21 to 7.72. According to the industry distribution chart, Gentherm ranks #578 out of 1038 companies in the Vehicles & Parts industry, placing it in the top 55.7%.
Is Gentherm's Cyclically Adjusted PB Ratio too high?
Gentherm's current Cyclically Adjusted PB Ratio of 1.71 is 63% below median its 10-year median of 4.60. Over the past 10 years, this metric has ranged from a low of 1.21 to a high of 7.72. The Vehicles & Parts industry median Cyclically Adjusted PB Ratio is 1.33. Gentherm's value of 1.71 is 28.6% above this industry median. Based on the distribution chart, Gentherm ranks #578 out of 1038 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Gentherm has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Gentherm's Cyclically Adjusted PB Ratio compare to PLOW and SMP?
According to the Vehicles & Parts industry distribution chart, Gentherm ranks #578 out of 1038 companies for Cyclically Adjusted PB Ratio. This places Gentherm in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.33. Gentherm's value of 1.71 is 28.6% above this benchmark. Historically, Gentherm's own Cyclically Adjusted PB Ratio has ranged from 1.21 to 7.72 over the past decade. While the company's 10-year median is 4.60 vs. the industry median of 1.33, Gentherm 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 Vehicles & Parts company?
The median Cyclically Adjusted PB Ratio among Vehicles & Parts companies is 1.33, based on 1,038 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. Gentherm's current Cyclically Adjusted PB Ratio of 1.71 is 28.6% 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 Gentherm and its competitors. For the Vehicles & Parts industry, the median Cyclically Adjusted PB Ratio is 1.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gentherm's current Cyclically Adjusted PB Ratio is 1.71, which is 63% below median its own 10-year median of 4.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gentherm stock overvalued right now?
Based on GuruFocus' analysis, Gentherm (THRM) is currently considered Modestly Undervalued. The stock's GF Value™ is $45.65, compared to a current price of $35.68 — trading 21.8% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.71, which is 63% below median its 10-year median of 4.60 and 28.6% above the Vehicles & Parts industry median of 1.33. Gentherm's overall GF Score™ is 78/100 with 4 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 Gentherm (THRM), the current Cyclically Adjusted PB Ratio is 1.71 as of Jul. 09, 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 Gentherm (THRM) Overvalued in 2026?

Based on GuruFocus' analysis, Gentherm stock appears to be undervalued. The current stock price of $35.68 is trading 21.8% below its estimated GF Value™ of $45.65. GuruFocus considers Gentherm to be Modestly Undervalued.

Key valuation signals for THRM:

  • Cyclically Adjusted PB Ratio: 1.71 (63% below median its 10-year median of 4.60)
  • GF Value™: $45.65 vs. price of $35.68 (21.8% below fair value)
  • GF Score™: 78/100 with 4 warning signs
  • Industry Position: 28.6% above the Vehicles & Parts median (#578 of 1038)

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


Gentherm Business Description

Other Exchanges QA4A:Germany
Address 28875 Cabot Drive, Novi, MI, USA, 48377
Gentherm Inc is an automotive parts manufacturer. The business activities of the group function through the Automotive and Medical segments. The vast majority of the firm's revenue comes from the Automotive segment, which includes automotive climate comfort systems, automotive cable systems, battery performance solutions, and automotive electronics and software systems. The medical segment is comprised of the results from the patient temperature management business in the medical industry. Its geographical segments are the USA, China, South Korea, Germany, Japan, the Czech Republic, and other countries.
78GF Score

Get the complete analysis for THRM

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

$35.68
Price
$45.65
GF Value