The Walt Disney Co (XBUL:WDP) Cyclically Adjusted PB Ratio: 1.72 (As of Aug. 08, 2026) — 57% Below 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.

XBUL:WDP The Walt Disney Co XBUL:WDP
82 GF Score
Price €84.27
GF Value €91.54
! 3 Warning Signs
View Full Analysis

What is The Walt Disney Co Cyclically Adjusted PB Ratio?

The Walt Disney Co XBUL:WDP 82 Cyclically Adjusted PB Ratio is 1.72 as of Aug. 08, 2026, which is 57% below its 10-year median of 3.97. GuruFocus rates XBUL:WDP with a GF Score™ of 82/100 and a GF Value™ of €91.54. The stock has 3 warning signs investors should review. Among 702 Media - Diversified companies, The Walt Disney Co ranks worse than 72.65% on this metric.

As of today (2026-08-08), The Walt Disney Co's current share price is €84.27. The Walt Disney Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €48.91. The Walt Disney Co's Cyclically Adjusted PB Ratio for today is 1.72.

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

XBUL:WDP' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.66   Med: 3.97   Max: 6.03
Current: 1.88

During the past years, The Walt Disney Co's highest Cyclically Adjusted PB Ratio was 6.03. The lowest was 1.66. And the median was 3.97.

XBUL:WDP's Cyclically Adjusted PB Ratio is ranked worse than
72.65% of 702 companies
in the Media - Diversified industry
Industry Median: 0.95 vs XBUL:WDP: 1.88

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.

The Walt Disney Co's adjusted book value per share data for the three months ended in Jun. 2026 was €54.795. 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 €48.91 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


The Walt Disney Co  (XBUL:WDP) 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.


The Walt Disney Co Cyclically Adjusted PB Ratio Related Terms


The Walt Disney Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for The Walt Disney Co'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.

The Walt Disney Co Cyclically Adjusted PB Ratio Chart

The Walt Disney Co Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.68 2.26 1.78 1.97 2.19

The Walt Disney Co 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 2.41 2.19 2.15 1.77 1.72

XBUL:WDP vs WBD, LYV, NFLX: Cyclically Adjusted PB Ratio Comparison

For the Entertainment subindustry, The Walt Disney Co'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.


The Walt Disney Co Cyclically Adjusted PB Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, The Walt Disney Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where The Walt Disney Co's Cyclically Adjusted PB Ratio falls into.


XBUL:WDP
82GF Score
The Walt Disney Co XBUL:WDP
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

The Walt Disney Co 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.

The Walt Disney Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=84.27/48.91
=1.72

* 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.

The Walt Disney Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, The Walt Disney Co'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)
=54.795/333.9520*333.9520
=54.795

Current CPI (Jun. 2026) = 333.9520.

The Walt Disney Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 24.093 241.428 33.326
201612 25.602 241.432 35.413
201703 26.161 243.801 35.835
201706 23.658 244.955 32.253
201709 23.109 246.819 31.267
201712 24.268 246.524 32.874
201803 24.412 249.554 32.668
201806 26.301 251.989 34.856
201809 27.866 252.439 36.864
201812 29.683 251.233 39.456
201903 44.691 254.202 58.712
201906 44.957 256.143 58.614
201909 45.312 256.759 58.935
201912 45.357 256.974 58.944
202003 45.940 258.115 59.438
202006 42.812 257.797 55.459
202009 39.844 260.280 51.122
202012 38.802 260.474 49.748
202103 40.345 264.877 50.866
202106 40.424 271.696 49.687
202109 41.403 274.310 50.405
202112 44.654 278.802 53.487
202203 46.209 287.504 53.674
202206 49.133 296.311 55.374
202209 53.879 296.808 60.622
202212 50.963 296.797 57.343
202303 51.320 301.836 56.781
202306 50.586 305.109 55.368
202309 50.832 307.789 55.153
202312 50.361 306.746 54.828
202403 50.006 312.332 53.467
202406 51.475 314.175 54.715
202409 50.165 315.301 53.132
202412 52.733 315.605 55.799
202503 53.655 319.799 56.030
202506 52.659 322.561 54.519
202509 52.266 324.800 53.739
202512 52.161 324.054 53.754
202603 54.088 330.213 54.700
202606 54.795 333.952 54.795

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 1.72 mean?
The Walt Disney Co (XBUL:WDP) has a Cyclically Adjusted PB Ratio of 1.72 as of Aug. 08, 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 The Walt Disney Co and its competitors. This is 57% below median its historical median of 3.97. Over the past decade, The Walt Disney Co's Cyclically Adjusted PB Ratio has ranged from 1.66 to 6.03. According to the industry distribution chart, The Walt Disney Co ranks #510 out of 702 companies in the Media - Diversified industry, placing it in the top 72.6%.
Is The Walt Disney Co's Cyclically Adjusted PB Ratio too high?
The Walt Disney Co's current Cyclically Adjusted PB Ratio of 1.72 is 57% below median its 10-year median of 3.97. Over the past 10 years, this metric has ranged from a low of 1.66 to a high of 6.03. The Media - Diversified industry median Cyclically Adjusted PB Ratio is 0.95. The Walt Disney Co's value of 1.72 is 81.1% above this industry median. Based on the distribution chart, The Walt Disney Co ranks #510 out of 702 companies in the Media - Diversified industry, which is below the industry midpoint. Overall, The Walt Disney Co has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does The Walt Disney Co's Cyclically Adjusted PB Ratio compare to WBD and LYV?
According to the Media - Diversified industry distribution chart, The Walt Disney Co ranks #510 out of 702 companies for Cyclically Adjusted PB Ratio. This places The Walt Disney Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.95. The Walt Disney Co's value of 1.72 is 81.1% above this benchmark. Historically, The Walt Disney Co's own Cyclically Adjusted PB Ratio has ranged from 1.66 to 6.03 over the past decade. While the company's 10-year median is 3.97 vs. the industry median of 0.95, The Walt Disney Co 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 Media - Diversified company?
The median Cyclically Adjusted PB Ratio among Media - Diversified companies is 0.95, based on 702 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. The Walt Disney Co's current Cyclically Adjusted PB Ratio of 1.72 is 81.1% 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 The Walt Disney Co and its competitors. For the Media - Diversified industry, the median Cyclically Adjusted PB Ratio is 0.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Walt Disney Co's current Cyclically Adjusted PB Ratio is 1.72, which is 57% below median its own 10-year median of 3.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Walt Disney Co stock overvalued right now?
The Walt Disney Co (XBUL:WDP) has a current Cyclically Adjusted PB Ratio of 1.72. The stock's GF Value™ is €91.54, compared to a current price of €84.27 — trading 7.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.72, which is 57% below median its 10-year median of 3.97 and 81.1% above the Media - Diversified industry median of 0.95. The Walt Disney Co's overall GF Score™ is 82/100 with 3 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 The Walt Disney Co (XBUL:WDP), the current Cyclically Adjusted PB Ratio is 1.72 as of Aug. 08, 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 The Walt Disney Co (XBUL:WDP) Overvalued in 2026?

Based on GuruFocus' analysis, The Walt Disney Co stock appears to be undervalued. The current stock price of €84.27 is trading 7.9% below its estimated GF Value™ of €91.54.

Key valuation signals for XBUL:WDP:

  • Cyclically Adjusted PB Ratio: 1.72 (57% below median its 10-year median of 3.97)
  • GF Value™: €91.54 vs. price of €84.27 (7.9% below fair value)
  • GF Score™: 82/100 with 3 warning signs
  • Industry Position: 81.1% above the Media - Diversified median (#510 of 702)

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


The Walt Disney Co Business Description

Address 500 South Buena Vista Street, Burbank, CA, USA, 91521
Disney operates in three global business segments: entertainment, sports, and experiences. Entertainment and experiences both benefit from the firm's ownership of iconic franchises and characters. Entertainment includes the ABC broadcast network, several cable television networks, and the Disney+ and Hulu streaming services. Within the segment, Disney also engages in movie and television production and distribution, with content licensed to movie theaters, other content providers, or, increasingly, kept in-house for use on Disney's own streaming platform and television networks. The sports segment houses the ESPN family of TV networks and streaming services. Experiences contains Disney's theme parks, cruises, and vacation destinations and also engages in merchandise licensing.
82GF Score

Get the complete analysis for XBUL:WDP

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

€84.27
Price
€91.54
GF Value