Grammer AG (WBO:GMM) Cyclically Adjusted PB Ratio: 0.44 (As of Jul. 23, 2026) — 41% Below Median

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WBO:GMM Grammer AG WBO:GMM
77 GF Score
Price €11.40
GF Value €8.26
! 8 Warning Signs
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What is Grammer AG Cyclically Adjusted PB Ratio?

Grammer AG WBO:GMM -4.20% 77 Cyclically Adjusted PB Ratio is 0.44 as of Jul. 23, 2026, which is 41% below its 10-year median of 0.75. GuruFocus rates WBO:GMM with a GF Score™ of 77/100 and a GF Value™ of €8.26. The stock has 8 warning signs investors should review. Among 1,030 Vehicles & Parts companies, Grammer AG ranks better than 83.79% on this metric.

As of today (2026-07-23), Grammer AG's current share price is €11.40. Grammer AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €26.10. Grammer AG's Cyclically Adjusted PB Ratio for today is 0.44.

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

WBO:GMM' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.18   Med: 0.75   Max: 3.13
Current: 0.4

During the past years, Grammer AG's highest Cyclically Adjusted PB Ratio was 3.13. The lowest was 0.18. And the median was 0.75.

WBO:GMM's Cyclically Adjusted PB Ratio is ranked better than
83.79% of 1030 companies
in the Vehicles & Parts industry
Industry Median: 1.27 vs WBO:GMM: 0.40

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.

Grammer AG's adjusted book value per share data for the three months ended in Mar. 2026 was €18.969. 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 €26.10 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Grammer AG  (WBO:GMM) 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.


Grammer AG Cyclically Adjusted PB Ratio Related Terms


Grammer AG Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Grammer AG'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.

Grammer AG Cyclically Adjusted PB Ratio Chart

Grammer AG 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 0.74 0.40 0.40 0.18 0.23

Grammer AG 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 0.26 0.23 0.24 0.23 0.28

WBO:GMM vs ORLY, AZO: Cyclically Adjusted PB Ratio Comparison

For the Auto Parts subindustry, Grammer AG'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.


Grammer AG Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry

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

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


WBO:GMM
77GF Score
Grammer AG WBO:GMM
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Grammer AG 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.

Grammer AG's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=11.40/26.10
=0.44

* 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.

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

For example, Grammer AG'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)
=18.969/131.2583*131.2583
=18.969

Current CPI (Mar. 2026) = 131.2583.

Grammer AG Quarterly Data

Book Value per Share CPI Adj_Book
201606 21.294 100.717 27.751
201609 21.645 101.017 28.125
201612 23.545 101.217 30.533
201703 30.503 101.417 39.478
201706 26.907 102.117 34.585
201709 26.796 102.717 34.242
201712 26.877 102.617 34.379
201803 25.933 102.917 33.074
201806 25.460 104.017 32.128
201809 24.316 104.718 30.479
201812 25.069 104.217 31.574
201903 26.038 104.217 32.794
201906 26.417 105.718 32.799
201909 26.043 106.018 32.243
201912 27.271 105.818 33.828
202003 28.964 105.718 35.962
202006 19.333 106.618 23.801
202009 18.177 105.818 22.547
202012 20.327 105.518 25.286
202103 22.065 107.518 26.937
202106 22.335 108.486 27.023
202109 22.916 109.435 27.486
202112 23.009 110.384 27.360
202203 23.717 113.968 27.315
202206 25.043 115.760 28.396
202209 26.414 118.818 29.180
202212 20.084 119.345 22.089
202303 20.101 122.402 21.555
202306 19.274 123.140 20.545
202309 19.600 124.195 20.715
202312 20.307 123.773 21.535
202403 20.061 125.038 21.059
202406 20.103 125.882 20.962
202409 13.998 126.198 14.559
202412 16.875 127.041 17.435
202503 17.275 127.779 17.745
202506 16.106 128.412 16.463
202509 17.181 129.255 17.447
202512 17.723 129.361 17.983
202603 18.969 131.258 18.969

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 0.44 mean?
Grammer AG (WBO:GMM) has a Cyclically Adjusted PB Ratio of 0.44 as of Jul. 23, 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 Grammer AG and its competitors. This is 41% below median its historical median of 0.75. Over the past decade, Grammer AG's Cyclically Adjusted PB Ratio has ranged from 0.18 to 3.13. According to the industry distribution chart, Grammer AG ranks #167 out of 1030 companies in the Vehicles & Parts industry, placing it in the top 16.2%.
Is Grammer AG's Cyclically Adjusted PB Ratio too high?
Grammer AG's current Cyclically Adjusted PB Ratio of 0.44 is 41% below median its 10-year median of 0.75. Over the past 10 years, this metric has ranged from a low of 0.18 to a high of 3.13. The Vehicles & Parts industry median Cyclically Adjusted PB Ratio is 1.27. Grammer AG's value of 0.44 is 65.4% below this industry median. Based on the distribution chart, Grammer AG ranks #167 out of 1030 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Grammer AG has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does Grammer AG's Cyclically Adjusted PB Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Grammer AG ranks #167 out of 1030 companies for Cyclically Adjusted PB Ratio. This places Grammer AG in the top 16% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.27. Grammer AG's value of 0.44 is 65.4% below this benchmark. Historically, Grammer AG's own Cyclically Adjusted PB Ratio has ranged from 0.18 to 3.13 over the past decade. While the company's 10-year median is 0.75 vs. the industry median of 1.27, Grammer AG 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 Vehicles & Parts company?
The median Cyclically Adjusted PB Ratio among Vehicles & Parts companies is 1.27, based on 1,030 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. Grammer AG's current Cyclically Adjusted PB Ratio of 0.44 is 65.4% 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 Grammer AG and its competitors. For the Vehicles & Parts industry, the median Cyclically Adjusted PB Ratio is 1.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grammer AG's current Cyclically Adjusted PB Ratio is 0.44, which is 41% below median its own 10-year median of 0.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grammer AG stock overvalued right now?
Grammer AG (WBO:GMM) has a current Cyclically Adjusted PB Ratio of 0.44. The stock's GF Value™ is €8.26, compared to a current price of €11.40 — trading 38% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.44, which is 41% below median its 10-year median of 0.75 and 65.4% below the Vehicles & Parts industry median of 1.27. Grammer AG's overall GF Score™ is 77/100 with 8 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 Grammer AG (WBO:GMM), the current Cyclically Adjusted PB Ratio is 0.44 as of Jul. 23, 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 Grammer AG (WBO:GMM) Overvalued in 2026?

Based on GuruFocus' analysis, Grammer AG stock appears to be overvalued. The current stock price of €11.40 is trading 38% above its estimated GF Value™ of €8.26.

Key valuation signals for WBO:GMM:

  • Cyclically Adjusted PB Ratio: 0.44 (41% below median its 10-year median of 0.75)
  • GF Value™: €8.26 vs. price of €11.40 (38% above fair value)
  • GF Score™: 77/100 with 8 warning signs
  • Industry Position: 65.4% below the Vehicles & Parts median (#167 of 1030)

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


Grammer AG Business Description

Other Exchanges 0OQX:UKGMM:Germany
Address Grammer-Allee 2, Ursensollen, BY, DEU, 92289
Grammer AG specializes in developing and manufacturing components and systems for car interiors as well as driver and passenger seats for off-road vehicles, trucks, buses, and trains. Its product portfolio comprises consoles and armrests, headrests, and other interior products for cars, as well as passenger seats, interior components, and related spare parts for commercial vehicles, among others. The company has three reportable segments: EMEA, Americas, and APAC. The majority of its revenue is generated from the EMEA segment (Europe, Middle East, and Africa).
77GF Score

Get the complete analysis for WBO:GMM

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

€11.40
Price
€8.26
GF Value