Interpump Group SpA (WBO:IP) Cyclically Adjusted PB Ratio: (As of Aug. 11, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

WBO:IP Interpump Group SpA WBO:IP
77 GF Score
Price €38.54
GF Value €41.58
! 1 Warning Sign
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What is Interpump Group SpA Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Interpump Group SpA  (WBO:IP) 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.


Interpump Group SpA Cyclically Adjusted PB Ratio Related Terms


Interpump Group SpA Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Interpump Group SpA'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.

Interpump Group SpA Cyclically Adjusted PB Ratio Chart

Interpump Group SpA 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 8.91 4.64 4.57 3.65 3.58

Interpump Group SpA 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 2.84 3.04 3.58 2.38 0.00

WBO:IP vs GEV, ETN, PH: Cyclically Adjusted PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, Interpump Group SpA'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.


Interpump Group SpA Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Interpump Group SpA's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


WBO:IP
77GF Score
Interpump Group SpA WBO:IP
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Interpump Group SpA 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.

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

For example, Interpump Group SpA'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)
=20.443/126.4000*126.4000
=20.443

Current CPI (Jun. 2026) = 126.4000.

Interpump Group SpA Quarterly Data

Book Value per Share CPI Adj_Book
201609 5.992 100.100 7.566
201612 6.320 100.300 7.965
201703 6.623 101.000 8.289
201706 6.560 101.100 8.202
201709 6.775 101.200 8.462
201712 7.074 101.200 8.836
201803 7.479 101.800 9.286
201806 7.591 102.400 9.370
201809 7.918 102.600 9.755
201812 8.192 102.300 10.122
201903 8.687 102.800 10.681
201906 8.776 103.100 10.759
201909 9.105 102.900 11.184
201912 9.839 102.800 12.098
202003 10.114 102.900 12.424
202006 10.095 102.900 12.400
202009 10.265 102.300 12.683
202012 10.684 102.600 13.162
202103 11.374 103.700 13.864
202106 11.741 104.200 14.242
202109 12.244 104.900 14.753
202112 12.483 106.600 14.802
202203 12.859 110.400 14.723
202206 13.226 112.500 14.860
202209 14.139 114.200 15.649
202212 14.534 119.000 15.438
202303 15.246 118.800 16.221
202306 15.807 119.700 16.692
202309 16.494 120.300 17.330
202312 16.767 119.700 17.706
202403 17.498 120.200 18.401
202406 17.831 120.700 18.673
202409 18.078 121.200 18.854
202412 18.815 121.200 19.622
202503 19.156 122.500 19.766
202506 18.850 122.700 19.418
202509 19.315 123.100 19.833
202512 19.727 122.600 20.338
202603 20.255 124.560 20.554
202606 20.443 126.400 20.443

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.

Is Interpump Group SpA (WBO:IP) Overvalued in 2026?

Based on GuruFocus' analysis, Interpump Group SpA stock appears to be undervalued. The current stock price of €38.54 is trading 7.3% below its estimated GF Value™ of €41.58.

Key valuation signals for WBO:IP:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €41.58 vs. price of €38.54 (7.3% below fair value)
  • GF Score™: 77/100 with 1 warning sign

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


Interpump Group SpA Business Description

Address Via E. Fermi, 25, Sant\'Ilario D\'Enza, ITA, 42049
Interpump Group SpA is an Italy-based company that manufactures and markets high-pressure piston pumps and hydraulic products. The company operates through two segments. Its water jetting segment manufactures high- and ultra-high-pressure pumps. Its hydraulic segment manufactures power take-offs, cylinders, componentry engineering, hydraulic distributors, valves, and hoses and fittings. The company owns production facilities in Italy, the U.S., Germany, China, India, Brazil, Bulgaria, Romania, and South Korea. The company has presence, with the domestic Italian market accounting for a fraction of its revenue.
77GF Score

Get the complete analysis for WBO:IP

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

€38.54
Price
€41.58
GF Value