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M+S Hidravlik ADXBUL:MSH +3.77%70 Cyclically Adjusted PB Ratio is 4.01 as of Aug. 14, 2026, which is 51% below its 10-year median of 8.12. GuruFocus rates XBUL:MSH with a GF Score™ of 70/100 and a GF Value™ of €7.18 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 2,219 Industrial Products companies, M+S Hidravlik AD ranks worse than 71.25% on this metric.
The historical rank and industry rank for M+S Hidravlik AD's Cyclically Adjusted PB Ratio or its related term are showing as below:
XBUL:MSH'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.65 Med: 8.12 Max: 10.34
Current: 3.97
During the past years, M+S Hidravlik AD's highest Cyclically Adjusted PB Ratio was 10.34. The lowest was 3.65. And the median was 8.12.
XBUL:MSH's Cyclically Adjusted PB Ratio is ranked worse than 71.25% of 2219
companies
in the Industrial Products industry
Industry Median: 2.17
vs XBUL:MSH: 3.97
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.
M+S Hidravlik AD's adjusted book value per share data for the three months ended in Dec. 2025 was €1.591. 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 €1.37 for the trailing ten years ended in Dec. 2025.
Shiller PE for Stocks: The True Measure of Stock Valuation
M+S Hidravlik AD (XBUL:MSH) 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.
M+S Hidravlik AD Cyclically Adjusted PB Ratio Related Terms
M+S Hidravlik AD Cyclically Adjusted PB Ratio Historical Data
* Premium members only.
The historical data trend for M+S Hidravlik AD'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.
M+S Hidravlik AD Cyclically Adjusted PB Ratio Chart
XBUL:MSH vs GEV, ETN, PH: Cyclically Adjusted PB Ratio Comparison
For the Specialty Industrial Machinery subindustry, M+S Hidravlik AD'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.
M+S Hidravlik AD Cyclically Adjusted PB Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, M+S Hidravlik AD's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where M+S Hidravlik AD's Cyclically Adjusted PB Ratio falls into.
M+S Hidravlik AD 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.
M+S Hidravlik AD's Cyclically Adjusted PB Ratio for today is calculated as
* 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.
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 4.01 mean?
M+S Hidravlik AD (XBUL:MSH) has a Cyclically Adjusted PB Ratio of 4.01 as of Aug. 14, 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 M+S Hidravlik AD and its competitors. This is 51% below median its historical median of 8.12. Over the past decade, M+S Hidravlik AD's Cyclically Adjusted PB Ratio has ranged from 3.65 to 10.34. According to the industry distribution chart, M+S Hidravlik AD ranks #1581 out of 2219 companies in the Industrial Products industry, placing it in the top 71.2%.
Is M+S Hidravlik AD's Cyclically Adjusted PB Ratio too high?
M+S Hidravlik AD's current Cyclically Adjusted PB Ratio of 4.01 is 51% below median its 10-year median of 8.12. Over the past 10 years, this metric has ranged from a low of 3.65 to a high of 10.34. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.17. M+S Hidravlik AD's value of 4.01 is 84.8% above this industry median. Based on the distribution chart, M+S Hidravlik AD ranks #1581 out of 2219 companies in the Industrial Products industry, which is below the industry midpoint. Overall, M+S Hidravlik AD has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does M+S Hidravlik AD's Cyclically Adjusted PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, M+S Hidravlik AD ranks #1581 out of 2219 companies for Cyclically Adjusted PB Ratio. This places M+S Hidravlik AD in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.17. M+S Hidravlik AD's value of 4.01 is 84.8% above this benchmark. Historically, M+S Hidravlik AD's own Cyclically Adjusted PB Ratio has ranged from 3.65 to 10.34 over the past decade. While the company's 10-year median is 8.12 vs. the industry median of 2.17, M+S Hidravlik AD 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 2.17, based on 2,219 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. M+S Hidravlik AD's current Cyclically Adjusted PB Ratio of 4.01 is 84.8% 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 M+S Hidravlik AD and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. M+S Hidravlik AD's current Cyclically Adjusted PB Ratio is 4.01, which is 51% below median its own 10-year median of 8.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is M+S Hidravlik AD stock overvalued right now?
Based on GuruFocus' analysis, M+S Hidravlik AD (XBUL:MSH) is currently considered Modestly Undervalued. The stock's GF Value™ is €7.18, compared to a current price of €5.50 — trading 23.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 4.01, which is 51% below median its 10-year median of 8.12 and 84.8% above the Industrial Products industry median of 2.17. M+S Hidravlik AD's overall GF Score™ is 70/100 with 7 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 M+S Hidravlik AD (XBUL:MSH), the current Cyclically Adjusted PB Ratio is 4.01 as of Aug. 14, 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 M+S Hidravlik AD (XBUL:MSH) Overvalued in 2026?
Based on GuruFocus' analysis, M+S Hidravlik AD stock appears to be undervalued.
The current stock price of €5.50 is trading 23.4% below its estimated GF Value™ of €7.18.
GuruFocus considers M+S Hidravlik AD to be Modestly Undervalued.
Key valuation signals for XBUL:MSH:
Cyclically Adjusted PB Ratio: 4.01 (51% below median its 10-year median of 8.12)
GF Value™: €7.18 vs. price of €5.50 (23.4% below fair value)
Industry Position: 84.8% above the Industrial Products median (#1581 of 2219)
No single metric tells the full story. See the XBUL:MSH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
M+S Hidravlik AD is a Bulgaria-based company that is principally engaged in the industrial equipment industry. It distributes and repairs hydraulic motors, steering units, valves, brakes, and accessories. The company's product range includes hydraulic motors, hydraulic disc brakes, crossover, switch and relief valves for hydraulic motors, as well as hydrostatic steering units and accessories for steering units.
70GF Score
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