United Parcel Service (UKEX:UPS) Cyclically Adjusted PB Ratio: 8.26 (As of Aug. 02, 2026) — 57% Below Median

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UKEX:UPS United Parcel Service Inc UKEX:UPS
76 GF Score
Price ₴7,316.00
GF Value ₴8,505.15
! 5 Warning Signs
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What is United Parcel Service Cyclically Adjusted PB Ratio?

United Parcel Service UKEX:UPS 76 Cyclically Adjusted PB Ratio is 8.26 as of Aug. 02, 2026, which is 57% below its 10-year median of 19.04. GuruFocus rates UKEX:UPS with a GF Score™ of 76/100 and a GF Value™ of ₴8,505.15. The stock has 5 warning signs investors should review. Among 737 Transportation companies, United Parcel Service ranks worse than 95.79% on this metric.

As of today (2026-08-02), United Parcel Service's current share price is ₴7316.00. United Parcel Service's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ₴885.41. United Parcel Service's Cyclically Adjusted PB Ratio for today is 8.26.

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

UKEX:UPS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 7.16   Med: 19.04   Max: 45.98
Current: 8.01

During the past years, United Parcel Service's highest Cyclically Adjusted PB Ratio was 45.98. The lowest was 7.16. And the median was 19.04.

UKEX:UPS's Cyclically Adjusted PB Ratio is ranked worse than
95.79% of 737 companies
in the Transportation industry
Industry Median: 1.26 vs UKEX:UPS: 8.01

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.

United Parcel Service's adjusted book value per share data for the three months ended in Jun. 2026 was ₴788.781. 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 ₴885.41 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


United Parcel Service  (UKEX:UPS) 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.


United Parcel Service Cyclically Adjusted PB Ratio Related Terms


United Parcel Service Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for United Parcel Service'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.

United Parcel Service Cyclically Adjusted PB Ratio Chart

United Parcel Service 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 40.29 25.81 18.32 12.48 8.31

United Parcel Service 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 9.09 7.21 8.31 7.85 8.26

UKEX:UPS vs FDX, JBHT, FDXF: Cyclically Adjusted PB Ratio Comparison

For the Integrated Freight & Logistics subindustry, United Parcel Service'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.


United Parcel Service Cyclically Adjusted PB Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, United Parcel Service's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


UKEX:UPS
76GF Score
United Parcel Service Inc UKEX:UPS
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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United Parcel Service 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.

United Parcel Service's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=7316.00/885.41
=8.26

* 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.

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

For example, United Parcel Service'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)
=788.781/333.9520*333.9520
=788.781

Current CPI (Jun. 2026) = 333.9520.

United Parcel Service Quarterly Data

Book Value per Share CPI Adj_Book
201609 139.818 241.428 193.401
201612 20.754 241.432 28.707
201703 27.427 243.801 37.569
201706 63.996 244.955 87.247
201709 77.899 246.819 105.399
201712 51.493 246.524 69.755
201803 69.428 249.554 92.908
201806 120.458 251.989 159.639
201809 160.487 252.439 212.309
201812 156.680 251.233 208.267
201903 179.394 254.202 235.675
201906 228.300 256.143 297.651
201909 288.216 256.759 374.866
201912 169.637 256.974 220.453
202003 170.582 258.115 220.701
202006 225.075 257.797 291.564
202009 288.142 260.280 369.700
202012 33.814 260.474 43.353
202103 365.726 264.877 461.101
202106 551.581 271.696 677.969
202109 616.800 274.310 750.908
202112 729.270 278.802 873.527
202203 785.165 287.504 912.013
202206 833.348 296.311 939.210
202209 873.105 296.808 982.370
202212 1,025.221 296.797 1,153.565
202303 1,038.278 301.836 1,148.753
202306 1,042.148 305.109 1,140.666
202309 1,001.361 307.789 1,086.480
202312 902.163 306.746 982.178
202403 880.145 312.332 941.070
202406 884.374 314.175 940.044
202409 879.495 315.301 931.520
202412 871.222 315.605 921.869
202503 822.417 319.799 858.814
202506 826.585 322.561 855.775
202509 830.416 324.800 853.815
202512 850.615 324.054 876.596
202603 825.677 330.213 835.026
202606 788.781 333.952 788.781

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 8.26 mean?
United Parcel Service (UKEX:UPS) has a Cyclically Adjusted PB Ratio of 8.26 as of Aug. 02, 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 United Parcel Service and its competitors. This is 57% below median its historical median of 19.04. Over the past decade, United Parcel Service's Cyclically Adjusted PB Ratio has ranged from 7.16 to 45.98. According to the industry distribution chart, United Parcel Service ranks #706 out of 737 companies in the Transportation industry, placing it in the top 95.8%.
Is United Parcel Service's Cyclically Adjusted PB Ratio too high?
United Parcel Service's current Cyclically Adjusted PB Ratio of 8.26 is 57% below median its 10-year median of 19.04. Over the past 10 years, this metric has ranged from a low of 7.16 to a high of 45.98. The Transportation industry median Cyclically Adjusted PB Ratio is 1.26. United Parcel Service's value of 8.26 is 555.6% above this industry median. Based on the distribution chart, United Parcel Service ranks #706 out of 737 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, United Parcel Service has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.
How does United Parcel Service's Cyclically Adjusted PB Ratio compare to FDX and JBHT?
According to the Transportation industry distribution chart, United Parcel Service ranks #706 out of 737 companies for Cyclically Adjusted PB Ratio. This places United Parcel Service in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.26. United Parcel Service's value of 8.26 is 555.6% above this benchmark. Historically, United Parcel Service's own Cyclically Adjusted PB Ratio has ranged from 7.16 to 45.98 over the past decade. While the company's 10-year median is 19.04 vs. the industry median of 1.26, United Parcel Service 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 Transportation company?
The median Cyclically Adjusted PB Ratio among Transportation companies is 1.26, based on 737 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. United Parcel Service's current Cyclically Adjusted PB Ratio of 8.26 is 555.6% 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 United Parcel Service and its competitors. For the Transportation industry, the median Cyclically Adjusted PB Ratio is 1.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. United Parcel Service's current Cyclically Adjusted PB Ratio is 8.26, which is 57% below median its own 10-year median of 19.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is United Parcel Service stock overvalued right now?
United Parcel Service (UKEX:UPS) has a current Cyclically Adjusted PB Ratio of 8.26. The stock's GF Value™ is ₴8,505.15, compared to a current price of ₴7,316.00 — trading 14% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 8.26, which is 57% below median its 10-year median of 19.04 and 555.6% above the Transportation industry median of 1.26. United Parcel Service's overall GF Score™ is 76/100 with 5 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 United Parcel Service (UKEX:UPS), the current Cyclically Adjusted PB Ratio is 8.26 as of Aug. 02, 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 United Parcel Service (UKEX:UPS) Overvalued in 2026?

Based on GuruFocus' analysis, United Parcel Service stock appears to be undervalued. The current stock price of ₴7,316.00 is trading 14% below its estimated GF Value™ of ₴8,505.15.

Key valuation signals for UKEX:UPS:

  • Cyclically Adjusted PB Ratio: 8.26 (57% below median its 10-year median of 19.04)
  • GF Value™: ₴8,505.15 vs. price of ₴7,316.00 (14% below fair value)
  • GF Score™: 76/100 with 5 warning signs
  • Industry Position: 555.6% above the Transportation median (#706 of 737)

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


United Parcel Service Business Description

Address 55 Glenlake Parkway, N.E. Atlanta, Atlanta, GA, USA, 30328
As the world's largest parcel delivery company, UPS manages a massive fleet of more than 500 planes and 100,000 vehicles, along with many hundreds of sorting facilities, to deliver an average of about 22 million packages per day to residences and businesses across the globe. UPS' domestic US package operations generate around 65% of total revenue, while international package makes up 20%. Air and ocean freight forwarding and contract logistics make up the remainder.
76GF Score

Get the complete analysis for UKEX:UPS

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

₴7,316.00
Price
₴8,505.15
GF Value