Andritz AG (XPRA:ANDR) Cyclically Adjusted PB Ratio: (As of Sep. 20, 2026)

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
91 GF Score
Price Kč2,056.00
GF Value Kč1,437.94
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Andritz AG Cyclically Adjusted PB Ratio?

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 3.16 3.03 3.07 2.62 3.23

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 3.24 3.10 3.40 3.22 3.84

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
91GF 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 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)
=605.11/142.7100*142.7100
=605.110

Current CPI (Jun. 2026) = 142.7100.

Andritz AG Quarterly Data

Book Value per Share CPI Adj_Book
201609 325.250 101.192 458.698
201612 355.886 102.092 497.480
201703 332.538 102.592 462.577
201706 326.771 102.991 452.790
201709 331.183 103.591 456.246
201712 334.818 104.291 458.158
201803 299.494 104.491 409.037
201806 317.870 105.091 431.656
201809 322.746 105.691 435.789
201812 339.195 106.291 455.415
201903 308.006 106.391 413.151
201906 302.014 106.791 403.596
201909 291.804 106.991 389.223
201912 310.350 108.091 409.748
202003 328.640 108.024 434.166
202006 326.045 107.915 431.170
202009 324.017 108.348 426.777
202012 332.254 109.321 433.731
202103 323.843 110.186 419.432
202106 343.326 110.943 441.632
202109 359.572 111.916 458.508
202112 392.652 113.971 491.664
202203 420.788 117.647 510.430
202206 415.980 120.567 492.379
202209 455.533 123.811 525.068
202212 448.066 125.541 509.344
202303 413.527 128.460 459.398
202306 448.263 130.191 491.369
202309 490.879 131.272 533.651
202312 536.893 132.570 577.961
202403 514.104 133.759 548.508
202406 541.956 134.083 576.825
202409 554.567 133.651 592.157
202412 588.369 135.273 620.717
202503 543.151 137.760 562.668
202506 550.299 138.517 566.958
202509 571.053 138.950 586.506
202512 605.738 140.350 615.924
202603 582.108 142.160 584.360
202606 605.110 142.710 605.110

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 Andritz AG (XPRA:ANDR) Overvalued in 2026?

Based on GuruFocus' analysis, Andritz AG stock appears to be overvalued. The current stock price of Kč2,056.00 is trading 43% above its estimated GF Value™ of Kč1,437.94. GuruFocus considers Andritz AG to be Significantly Overvalued.

Key valuation signals for XPRA:ANDR:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: Kč1,437.94 vs. price of Kč2,056.00 (43% above fair value)
  • GF Score™: 91/100 with 8 warning signs

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.
91GF 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.

Kč2,056.00
Price
Kč1,437.94
GF Value