WHTAF (WashTec AG) Cyclically Adjusted PB Ratio: 6.37 (As of Jul. 15, 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

WHTAF WashTec AG WHTAF
82 GF Score
Price $57.30
GF Value $63.59
! 1 Warning Sign
View Full Analysis

What is WashTec AG Cyclically Adjusted PB Ratio?

WashTec AG WHTAF 82 Cyclically Adjusted PB Ratio is 6.37 as of Jul. 15, 2026, which is 3% below its 10-year median of 6.58. GuruFocus rates WHTAF with a GF Score™ of 82/100 and a GF Value™ of $63.59. The stock has 1 warning sign investors should review. Among 2,292 Industrial Products companies, WashTec AG ranks worse than 76.27% on this metric.

As of today (2026-07-15), WashTec AG's current share price is $57.30. WashTec AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $9.00. WashTec AG's Cyclically Adjusted PB Ratio for today is 6.37.

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

WHTAF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.08   Med: 6.58   Max: 13.3
Current: 5.06

During the past years, WashTec AG's highest Cyclically Adjusted PB Ratio was 13.30. The lowest was 4.08. And the median was 6.58.

WHTAF's Cyclically Adjusted PB Ratio is ranked worse than
76.27% of 2292 companies
in the Industrial Products industry
Industry Median: 2.21 vs WHTAF: 5.06

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.

WashTec AG's adjusted book value per share data for the three months ended in Mar. 2026 was $7.110. 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 $9.00 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


WashTec AG  (OTCPK:WHTAF) 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.


WashTec AG Cyclically Adjusted PB Ratio Related Terms


WashTec AG Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for WashTec 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.

WashTec AG Cyclically Adjusted PB Ratio Chart

WashTec 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 8.06 4.74 4.35 5.48 6.50

WashTec 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 5.30 5.53 5.30 6.50 6.37

WHTAF vs GEV, ETN, PH: Cyclically Adjusted PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, WashTec 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.


WashTec AG Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

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


WHTAF
82GF Score
WashTec AG WHTAF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

WashTec 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=57.30/9.00
=6.37

* 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.

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

For example, WashTec 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)
=7.11/131.2583*131.2583
=7.110

Current CPI (Mar. 2026) = 131.2583.

WashTec AG Quarterly Data

Book Value per Share CPI Adj_Book
201606 5.645 100.717 7.357
201609 6.193 101.017 8.047
201612 6.890 101.217 8.935
201703 7.666 101.417 9.922
201706 6.349 102.117 8.161
201709 7.471 102.717 9.547
201712 8.330 102.617 10.655
201803 8.829 102.917 11.260
201806 6.327 104.017 7.984
201809 7.197 104.718 9.021
201812 8.110 104.217 10.214
201903 8.126 104.217 10.234
201906 5.615 105.718 6.972
201909 6.105 106.018 7.558
201912 7.014 105.818 8.700
202003 6.887 105.718 8.551
202006 7.236 106.618 8.908
202009 7.970 105.818 9.886
202012 8.750 105.518 10.885
202103 8.830 107.518 10.780
202106 7.037 108.486 8.514
202109 7.866 109.435 9.435
202112 8.313 110.384 9.885
202203 8.346 113.968 9.612
202206 5.552 115.760 6.295
202209 5.780 118.818 6.385
202212 6.976 119.345 7.672
202303 7.282 122.402 7.809
202306 5.514 123.140 5.878
202309 6.047 124.195 6.391
202312 6.989 123.773 7.412
202403 7.241 125.038 7.601
202406 5.479 125.882 5.713
202409 6.079 126.198 6.323
202412 6.925 127.041 7.155
202503 7.297 127.779 7.496
202506 5.508 128.412 5.630
202509 6.474 129.255 6.574
202512 7.190 129.361 7.295
202603 7.110 131.258 7.110

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 6.37 mean?
WashTec AG (WHTAF) has a Cyclically Adjusted PB Ratio of 6.37 as of Jul. 15, 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 WashTec AG and its competitors. This is near median its historical median of 6.58. Over the past decade, WashTec AG's Cyclically Adjusted PB Ratio has ranged from 4.08 to 13.30. According to the industry distribution chart, WashTec AG ranks #1748 out of 2292 companies in the Industrial Products industry, placing it in the top 76.3%.
Is WashTec AG's Cyclically Adjusted PB Ratio too high?
WashTec AG's current Cyclically Adjusted PB Ratio of 6.37 is near median its 10-year median of 6.58. Over the past 10 years, this metric has ranged from a low of 4.08 to a high of 13.30. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.21. WashTec AG's value of 6.37 is 188.2% above this industry median. Based on the distribution chart, WashTec AG ranks #1748 out of 2292 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, WashTec AG has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does WashTec AG's Cyclically Adjusted PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, WashTec AG ranks #1748 out of 2292 companies for Cyclically Adjusted PB Ratio. This places WashTec AG in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.21. WashTec AG's value of 6.37 is 188.2% above this benchmark. Historically, WashTec AG's own Cyclically Adjusted PB Ratio has ranged from 4.08 to 13.30 over the past decade. While the company's 10-year median is 6.58 vs. the industry median of 2.21, WashTec AG 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 2.21, based on 2,292 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. WashTec AG's current Cyclically Adjusted PB Ratio of 6.37 is 188.2% 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 WashTec AG and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. WashTec AG's current Cyclically Adjusted PB Ratio is 6.37, which is near median its own 10-year median of 6.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WashTec AG stock overvalued right now?
WashTec AG (WHTAF) has a current Cyclically Adjusted PB Ratio of 6.37. The stock's GF Value™ is $63.59, compared to a current price of $57.30 — trading 9.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 6.37, which is near median its 10-year median of 6.58 and 188.2% above the Industrial Products industry median of 2.21. WashTec AG's overall GF Score™ is 82/100 with 1 warning sign 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 WashTec AG (WHTAF), the current Cyclically Adjusted PB Ratio is 6.37 as of Jul. 15, 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 WashTec AG (WHTAF) Overvalued in 2026?

Based on GuruFocus' analysis, WashTec AG stock appears to be undervalued. The current stock price of $57.30 is trading 9.9% below its estimated GF Value™ of $63.59.

Key valuation signals for WHTAF:

  • Cyclically Adjusted PB Ratio: 6.37 (near median its 10-year median of 6.58)
  • GF Value™: $63.59 vs. price of $57.30 (9.9% below fair value)
  • GF Score™: 82/100 with 1 warning sign
  • Industry Position: 188.2% above the Industrial Products median (#1748 of 2292)

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


WashTec AG Business Description

Address Argonstrasse 7, Augsburg, DEU, 86153
WashTec AG is a German holding company, which through its subsidiary provides industrial products. The core activity is that of developing car wash products and equipment and is performed by WashTec Cleaning Technology GmbH, which is one of its subsidiaries. The key products of WashTec are manufactured which include portal washing systems, water recovery, washing lines, and consumables such as washing chemicals, wash brushes, moreover spare parts.
82GF Score

Get the complete analysis for WHTAF

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

$57.30
Price
$63.59
GF Value