Bains de Mer Monaco (XPAR:BAIN) Cyclically Adjusted PB Ratio: (As of Sep. 21, 2026)

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Director of Data and Quant Analytics at GuruFocus
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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.

XPAR:BAIN Bains de Mer Monaco XPAR:BAIN
83 GF Score
Price €136.00
GF Value €134.64
Valuation Fairly Valued
! 6 Warning Signs
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What is Bains de Mer Monaco Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Bains de Mer Monaco  (XPAR:BAIN) 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.


Bains de Mer Monaco Cyclically Adjusted PB Ratio Related Terms


Bains de Mer Monaco Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Bains de Mer Monaco'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.

Bains de Mer Monaco Cyclically Adjusted PB Ratio Chart

Bains de Mer Monaco Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.16 2.68 2.68 2.42 2.71

Bains de Mer Monaco Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 2.62 2.71 2.37 2.51 2.66

XPAR:BAIN vs LVS, MGM, WYNN: Cyclically Adjusted PB Ratio Comparison

For the Resorts & Casinos subindustry, Bains de Mer Monaco'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.


Bains de Mer Monaco Cyclically Adjusted PB Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Bains de Mer Monaco's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Bains de Mer Monaco's Cyclically Adjusted PB Ratio falls into.


XPAR:BAIN
83GF Score
Bains de Mer Monaco XPAR:BAIN
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bains de Mer Monaco 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.

Bains de Mer Monaco's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar26 is calculated as:

For example, Bains de Mer Monaco's adjusted Book Value per Share data for the fiscal year that ended in Mar26 was:

Adj_Book=Book Value per Share/CPI of Mar26 (Change)*Current CPI (Mar26)
=68.44/330.2130*330.2130
=68.440

Current CPI (Mar26) = 330.2130.

Bains de Mer Monaco Annual Data

Book Value per Share CPI Adj_Book
201703 26.090 243.801 35.337
201803 25.483 249.554 33.719
201903 25.414 254.202 33.013
202003 26.527 258.115 33.937
202103 23.137 264.877 28.844
202203 26.638 287.504 30.595
202303 61.587 301.836 67.377
202403 63.907 312.332 67.566
202503 67.008 319.799 69.190
202603 68.440 330.213 68.440

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 Bains de Mer Monaco (XPAR:BAIN) Overvalued in 2026?

Based on GuruFocus' analysis, Bains de Mer Monaco stock appears to be overvalued. The current stock price of €136.00 is trading 1% above its estimated GF Value™ of €134.64. GuruFocus considers Bains de Mer Monaco to be Fairly Valued.

Key valuation signals for XPAR:BAIN:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €134.64 vs. price of €136.00 (1% above fair value)
  • GF Score™: 83/100 with 6 warning signs

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


Bains de Mer Monaco Business Description

Other Exchanges 0O80:UKRJ8:Germany
Address Place du Casino, Monte Carlo, MCO, 98000
Bains de Mer Monaco is engaged in the gaming, hotel and leasing Industry. The Gaming sector combines the gaming table and slot machine operations at the Monte-Carlo Casino, the Cafe de Paris Casino, the Sun Casino, the Bay Casino, and the Rascasse. The Hotel sector includes all the accommodation and catering activities, the therapy and spa-centre and all the related hotel services provided in its establishments. The Leasing sector combines leasing activities of boutiques, office space and the hotel residence activities of the Monte-Carlo Bay and Balmoral. Bains derives the majority of revenue from the Hotel sector.
83GF Score

Get the complete analysis for XPAR:BAIN

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

€136.00
Price
€134.64
GF Value