Andritz AG (XPRA:ANDR) Cyclically Adjusted PB Ratio: 3.90 (As of Aug. 03, 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.

XPRA:ANDR Andritz AG XPRA:ANDR
28 GF Score
Price Kč1,875.00
GF Value Kč1,445.14
Valuation Modestly Overvalued
! 8 Warning Signs
View Full Analysis

What is Andritz AG Cyclically Adjusted PB Ratio?

Andritz AG XPRA:ANDR 28 Cyclically Adjusted PB Ratio is 3.90 as of Aug. 03, 2026, which is 8% above its 10-year median of 3.61. GuruFocus rates XPRA:ANDR with a GF Score™ of 28/100 and a GF Value™ of Kč1,445.14 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 2,261 Industrial Products companies, Andritz AG ranks worse than 74.48% on this metric.

As of today (2026-08-03), Andritz AG's current share price is Kč1875.00. Andritz AG's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was Kč480.98. Andritz AG's Cyclically Adjusted PB Ratio for today is 3.90.

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

XPRA:ANDR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.38   Med: 3.61   Max: 6.48
Current: 4.21

During the past years, Andritz AG's highest Cyclically Adjusted PB Ratio was 6.48. The lowest was 2.38. And the median was 3.61.

XPRA:ANDR's Cyclically Adjusted PB Ratio is ranked worse than
74.48% of 2261 companies
in the Industrial Products industry
Industry Median: 2.07 vs XPRA:ANDR: 4.21

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.

Andritz AG's adjusted book value per share data for the three months ended in Jun. 2026 was Kč602.756. 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 Kč480.98 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Andritz AG  (XPRA:ANDR) 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.


Andritz AG Cyclically Adjusted PB Ratio Related Terms


Andritz AG Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Andritz 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.

Andritz AG Cyclically Adjusted PB Ratio Chart

Andritz 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 3.71 3.79 3.58 2.87 3.59

Andritz AG 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 3.53 3.29 3.59 3.12 3.92

XPRA:ANDR vs GEV, ETN, PH: Cyclically Adjusted PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, Andritz 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.


Andritz AG Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

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


XPRA:ANDR
28GF Score
Andritz AG XPRA:ANDR
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Andritz 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1875.00/480.98
=3.90

* 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.

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

For example, Andritz AG'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)
=602.756/142.1600*142.1600
=602.756

Current CPI (Jun. 2026) = 142.1600.

Andritz AG Quarterly Data

Book Value per Share CPI Adj_Book
201609 315.288 101.192 442.935
201612 351.945 102.092 490.075
201703 320.630 102.592 444.294
201706 322.975 102.991 445.805
201709 325.239 103.591 446.330
201712 330.153 104.291 450.033
201803 293.418 104.491 399.194
201806 308.874 105.091 417.823
201809 316.201 105.691 425.306
201812 336.221 106.291 449.682
201903 302.319 106.391 403.959
201906 301.169 106.791 400.915
201909 290.461 106.991 385.938
201912 308.198 108.091 405.338
202003 315.627 108.024 415.368
202006 322.380 107.915 424.680
202009 317.561 108.348 416.662
202012 333.402 109.321 433.552
202103 325.670 110.186 420.173
202106 343.947 110.943 440.726
202109 361.750 111.916 459.508
202112 400.679 113.971 499.782
202203 432.985 117.647 523.201
202206 418.674 120.567 493.657
202209 460.184 123.811 528.385
202212 453.744 125.541 513.811
202303 420.856 128.460 465.738
202306 451.747 130.191 493.279
202309 495.121 131.272 536.188
202312 537.214 132.570 576.078
202403 519.525 133.759 552.155
202406 535.907 134.083 568.188
202409 560.319 133.651 595.993
202412 586.944 135.273 616.827
202503 543.032 137.760 560.377
202506 552.443 138.517 566.973
202509 568.561 138.950 581.696
202512 606.770 140.350 614.595
202603 578.081 142.160 578.081
202606 602.756 142.160 602.756

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 3.90 mean?
Andritz AG (XPRA:ANDR) has a Cyclically Adjusted PB Ratio of 3.90 as of Aug. 03, 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 Andritz AG and its competitors. This is near median its historical median of 3.61. Over the past decade, Andritz AG's Cyclically Adjusted PB Ratio has ranged from 2.38 to 6.48. According to the industry distribution chart, Andritz AG ranks #1684 out of 2261 companies in the Industrial Products industry, placing it in the top 74.5%.
Is Andritz AG's Cyclically Adjusted PB Ratio too high?
Andritz AG's current Cyclically Adjusted PB Ratio of 3.90 is near median its 10-year median of 3.61. Over the past 10 years, this metric has ranged from a low of 2.38 to a high of 6.48. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.07. Andritz AG's value of 3.90 is 88.4% above this industry median. Based on the distribution chart, Andritz AG ranks #1684 out of 2261 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Andritz AG has a GF Score™ of 28/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Andritz AG's Cyclically Adjusted PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Andritz AG ranks #1684 out of 2261 companies for Cyclically Adjusted PB Ratio. This places Andritz AG in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.07. Andritz AG's value of 3.90 is 88.4% above this benchmark. Historically, Andritz AG's own Cyclically Adjusted PB Ratio has ranged from 2.38 to 6.48 over the past decade. While the company's 10-year median is 3.61 vs. the industry median of 2.07, Andritz 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 2.07, based on 2,261 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. Andritz AG's current Cyclically Adjusted PB Ratio of 3.90 is 88.4% 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 Andritz AG and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Andritz AG's current Cyclically Adjusted PB Ratio is 3.90, which is near median its own 10-year median of 3.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Andritz AG stock overvalued right now?
Based on GuruFocus' analysis, Andritz AG (XPRA:ANDR) is currently considered Modestly Overvalued. The stock's GF Value™ is Kč1,445.14, compared to a current price of Kč1,875.00 — trading 29.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.90, which is near median its 10-year median of 3.61 and 88.4% above the Industrial Products industry median of 2.07. Andritz AG's overall GF Score™ is 28/100 with 8 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 Andritz AG (XPRA:ANDR), the current Cyclically Adjusted PB Ratio is 3.90 as of Aug. 03, 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 Andritz AG (XPRA:ANDR) Overvalued in 2026?

Based on GuruFocus' analysis, Andritz AG stock appears to be overvalued. The current stock price of Kč1,875.00 is trading 29.7% above its estimated GF Value™ of Kč1,445.14. GuruFocus considers Andritz AG to be Modestly Overvalued.

Key valuation signals for XPRA:ANDR:

  • Cyclically Adjusted PB Ratio: 3.90 (near median its 10-year median of 3.61)
  • GF Value™: Kč1,445.14 vs. price of Kč1,875.00 (29.7% above fair value)
  • GF Score™: 28/100 with 8 warning signs
  • Industry Position: 88.4% above the Industrial Products median (#1684 of 2261)

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


Andritz AG Business Description

Address Stattegger Strasse 18, Graz, AUT, 8045
Andritz AG is a producer of high-technology industrial machinery and operates through four operating segments: ANDRITZ Pulp & Paper provides sustainable technology, automation, and service solutions for the production of all types of pulp, paper, and board; ANDRITZ Metals includes suppliers of technologies, plants, and digital solutions in metal forming, and also includes automation and software solutions, process know-how, and service; ANDRITZ Hydropower includes suppliers of electromechanical equipment and services for hydropower stations; and ANDRITZ Environment & Energy provides sustainable technologies for industries, including green hydrogen, carbon capture, solid/liquid separation, and renewable fuels. It generates the maximum of its revenue from the ANDRITZ Pulp & Paper segment.
28GF Score

Get the complete analysis for XPRA:ANDR

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

Kč1,875.00
Price
Kč1,445.14
GF Value