Chemins de Fer Departementaux (XPAR:MLCFD) Cyclically Adjusted PB Ratio: 1.36 (As of Jul. 27, 2026) — 13% Above 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.

XPAR:MLCFD Chemins de Fer Departementaux XPAR:MLCFD
16 GF Score
Price €1,100.00
GF Value €767.64
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Chemins de Fer Departementaux Cyclically Adjusted PB Ratio?

Chemins de Fer Departementaux XPAR:MLCFD 16 Cyclically Adjusted PB Ratio is 1.36 as of Jul. 27, 2026, which is 13% above its 10-year median of 1.20. GuruFocus rates XPAR:MLCFD with a GF Score™ of 16/100 and a GF Value™ of €767.64 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 741 Transportation companies, Chemins de Fer Departementaux ranks worse than 52.77% on this metric.

As of today (2026-07-27), Chemins de Fer Departementaux's current share price is €1100.00. Chemins de Fer Departementaux's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was €810.94. Chemins de Fer Departementaux's Cyclically Adjusted PB Ratio for today is 1.36.

The historical rank and industry rank for Chemins de Fer Departementaux's Cyclically Adjusted PB Ratio or its related term are showing as below:

XPAR:MLCFD' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.13   Med: 1.2   Max: 1.36
Current: 1.36

During the past 10 years, Chemins de Fer Departementaux's highest Cyclically Adjusted PB Ratio was 1.36. The lowest was 1.13. And the median was 1.20.

XPAR:MLCFD's Cyclically Adjusted PB Ratio is ranked worse than
52.77% of 741 companies
in the Transportation industry
Industry Median: 1.27 vs XPAR:MLCFD: 1.36

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.

Chemins de Fer Departementaux's adjusted book value per share data of for the fiscal year that ended in Dec25 was €731.107. 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 €810.94 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Chemins de Fer Departementaux  (XPAR:MLCFD) 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.


Chemins de Fer Departementaux Cyclically Adjusted PB Ratio Related Terms


Chemins de Fer Departementaux Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Chemins de Fer Departementaux'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.

Chemins de Fer Departementaux Cyclically Adjusted PB Ratio Chart

Chemins de Fer Departementaux 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 0.00 0.00 0.00 0.00 1.23

Chemins de Fer Departementaux Semi-Annual Data
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 0.00 0.00 0.00 0.00 1.23

XPAR:MLCFD vs UNP, CSX, NSC: Cyclically Adjusted PB Ratio Comparison

For the Railroads subindustry, Chemins de Fer Departementaux'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.


Chemins de Fer Departementaux Cyclically Adjusted PB Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Chemins de Fer Departementaux's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Chemins de Fer Departementaux's Cyclically Adjusted PB Ratio falls into.


XPAR:MLCFD
16GF Score
Chemins de Fer Departementaux XPAR:MLCFD
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chemins de Fer Departementaux 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.

Chemins de Fer Departementaux's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1100.00/810.94
=1.36

* 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.

Chemins de Fer Departementaux's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Chemins de Fer Departementaux's adjusted Book Value per Share data for the fiscal year that ended in Dec25 was:

Adj_Book=Book Value per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=731.107/120.9000*120.9000
=731.107

Current CPI (Dec25) = 120.9000.

Chemins de Fer Departementaux Annual Data

Book Value per Share CPI Adj_Book
201612 0.000 100.650 0.000
201712 764.250 101.850 907.195
201812 750.000 103.470 876.341
201912 758.107 104.980 873.072
202012 723.429 104.960 833.294
202112 731.357 107.850 819.852
202212 727.357 114.160 770.300
202312 737.571 118.390 753.208
202412 728.357 119.950 734.126
202512 731.107 120.900 731.107

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 1.36 mean?
Chemins de Fer Departementaux (XPAR:MLCFD) has a Cyclically Adjusted PB Ratio of 1.36 as of Jul. 27, 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 Chemins de Fer Departementaux and its competitors. This is 13% above median its historical median of 1.20. Over the past decade, Chemins de Fer Departementaux's Cyclically Adjusted PB Ratio has ranged from 1.13 to 1.36. According to the industry distribution chart, Chemins de Fer Departementaux ranks #391 out of 741 companies in the Transportation industry, placing it in the top 52.8%.
Is Chemins de Fer Departementaux's Cyclically Adjusted PB Ratio too high?
Chemins de Fer Departementaux's current Cyclically Adjusted PB Ratio of 1.36 is 13% above median its 10-year median of 1.20. Over the past 10 years, this metric has ranged from a low of 1.13 to a high of 1.36. The Transportation industry median Cyclically Adjusted PB Ratio is 1.27. Chemins de Fer Departementaux's value of 1.36 is 7.1% above this industry median. Based on the distribution chart, Chemins de Fer Departementaux ranks #391 out of 741 companies in the Transportation industry, which is below the industry midpoint. Overall, Chemins de Fer Departementaux has a GF Score™ of 16/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chemins de Fer Departementaux's Cyclically Adjusted PB Ratio compare to UNP and CSX?
According to the Transportation industry distribution chart, Chemins de Fer Departementaux ranks #391 out of 741 companies for Cyclically Adjusted PB Ratio. This places Chemins de Fer Departementaux in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.27. Chemins de Fer Departementaux's value of 1.36 is 7.1% above this benchmark. Historically, Chemins de Fer Departementaux's own Cyclically Adjusted PB Ratio has ranged from 1.13 to 1.36 over the past decade. While the company's 10-year median is 1.20 vs. the industry median of 1.27, Chemins de Fer Departementaux 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 Transportation company?
The median Cyclically Adjusted PB Ratio among Transportation companies is 1.27, based on 741 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. Chemins de Fer Departementaux's current Cyclically Adjusted PB Ratio of 1.36 is 7.1% 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 Chemins de Fer Departementaux and its competitors. For the Transportation industry, the median Cyclically Adjusted PB Ratio is 1.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chemins de Fer Departementaux's current Cyclically Adjusted PB Ratio is 1.36, which is 13% above median its own 10-year median of 1.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chemins de Fer Departementaux stock overvalued right now?
Based on GuruFocus' analysis, Chemins de Fer Departementaux (XPAR:MLCFD) is currently considered Significantly Overvalued. The stock's GF Value™ is €767.64, compared to a current price of €1,100.00 — trading 43.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.36, which is 13% above median its 10-year median of 1.20 and 7.1% above the Transportation industry median of 1.27. Chemins de Fer Departementaux's overall GF Score™ is 16/100 with 4 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 Chemins de Fer Departementaux (XPAR:MLCFD), the current Cyclically Adjusted PB Ratio is 1.36 as of Jul. 27, 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 Chemins de Fer Departementaux (XPAR:MLCFD) Overvalued in 2026?

Based on GuruFocus' analysis, Chemins de Fer Departementaux stock appears to be overvalued. The current stock price of €1,100.00 is trading 43.3% above its estimated GF Value™ of €767.64. GuruFocus considers Chemins de Fer Departementaux to be Significantly Overvalued.

Key valuation signals for XPAR:MLCFD:

  • Cyclically Adjusted PB Ratio: 1.36 (13% above median its 10-year median of 1.20)
  • GF Value™: €767.64 vs. price of €1,100.00 (43.3% above fair value)
  • GF Score™: 16/100 with 4 warning signs
  • Industry Position: 7.1% above the Transportation median (#391 of 741)

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


Chemins de Fer Departementaux Business Description

Address 9-11 rue Benoit Malon, Suresnes, Paris, FRA, 92150
Chemins de Fer Departementaux designs, constructs and installs railroad materials and equipment. The company's products includes locomotives, maneuvering and line locomotives, rail-road engines, rail cars, passenger cars, funiculars and electric rail car branches.
16GF Score

Get the complete analysis for XPAR:MLCFD

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

€1,100.00
Price
€767.64
GF Value