MOL Hungarian Oil and Gas (XPRA:MOL) Cyclically Adjusted PB Ratio: 0.78 (As of Sep. 18, 2026) — 15% Above Median

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XPRA:MOL MOL Hungarian Oil and Gas PLC XPRA:MOL
67 GF Score
Price Kč355.40
GF Value Kč205.31
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is MOL Hungarian Oil and Gas Cyclically Adjusted PB Ratio?

MOL Hungarian Oil and Gas XPRA:MOL 67 Cyclically Adjusted PB Ratio is 0.78 as of Sep. 18, 2026, which is 15% above its 10-year median of 0.68. GuruFocus rates XPRA:MOL with a GF Score™ of 67/100 and a GF Value™ of Kč205.31 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 754 Oil & Gas companies, MOL Hungarian Oil and Gas ranks better than 55.31% on this metric.

As of today (2026-09-18), MOL Hungarian Oil and Gas's current share price is Kč355.40. MOL Hungarian Oil and Gas's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was Kč456.38. MOL Hungarian Oil and Gas's Cyclically Adjusted PB Ratio for today is 0.78.

The historical rank and industry rank for MOL Hungarian Oil and Gas's Cyclically Adjusted PB Ratio or its related term are showing as below:

XPRA:MOL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.54   Med: 0.68   Max: 1.1
Current: 1.1

During the past years, MOL Hungarian Oil and Gas's highest Cyclically Adjusted PB Ratio was 1.10. The lowest was 0.54. And the median was 0.68.

XPRA:MOL's Cyclically Adjusted PB Ratio is ranked better than
55.31% of 754 companies
in the Oil & Gas industry
Industry Median: 1.265 vs XPRA:MOL: 1.10

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.

MOL Hungarian Oil and Gas's adjusted book value per share data for the three months ended in Jun. 2026 was Kč475.696. 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 Kč456.38 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


MOL Hungarian Oil and Gas  (XPRA:MOL) 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.


MOL Hungarian Oil and Gas Cyclically Adjusted PB Ratio Related Terms


MOL Hungarian Oil and Gas Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for MOL Hungarian Oil and Gas'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.

MOL Hungarian Oil and Gas Cyclically Adjusted PB Ratio Chart

MOL Hungarian Oil and Gas 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 0.54 0.36 0.42 0.42 0.42

MOL Hungarian Oil and Gas 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 0.42 0.38 0.42 0.55 0.58

XPRA:MOL vs MPC, VLO, PSX: Cyclically Adjusted PB Ratio Comparison

For the Oil & Gas Refining & Marketing subindustry, MOL Hungarian Oil and Gas'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.


MOL Hungarian Oil and Gas Cyclically Adjusted PB Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, MOL Hungarian Oil and Gas's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where MOL Hungarian Oil and Gas's Cyclically Adjusted PB Ratio falls into.


XPRA:MOL
67GF Score
MOL Hungarian Oil and Gas PLC XPRA:MOL
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MOL Hungarian Oil and Gas 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.

MOL Hungarian Oil and Gas's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=355.40/456.38
=0.78

* 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.

MOL Hungarian Oil and Gas's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, MOL Hungarian Oil and Gas'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)
=475.696/175.2400*175.2400
=475.696

Current CPI (Jun. 2026) = 175.2400.

MOL Hungarian Oil and Gas Quarterly Data

Book Value per Share CPI Adj_Book
201609 248.279 100.370 433.480
201612 248.569 101.406 429.551
201703 202.398 102.147 347.229
201706 257.541 102.724 439.347
201709 262.249 102.902 446.606
201712 266.756 103.627 451.102
201803 272.811 104.219 458.720
201806 271.757 105.922 449.604
201809 282.690 106.588 464.768
201812 292.131 106.440 480.958
201903 298.648 108.068 484.279
201906 288.906 109.475 462.463
201909 297.363 109.623 475.358
201912 296.539 110.659 469.601
202003 303.199 112.287 473.185
202006 291.860 112.583 454.291
202009 295.348 113.398 456.419
202012 287.632 113.694 443.337
202103 289.628 116.358 436.191
202106 308.157 118.579 455.405
202109 325.472 119.541 477.122
202112 333.173 122.058 478.341
202203 351.928 126.351 488.100
202206 355.949 132.420 471.049
202209 385.696 143.597 470.687
202212 382.850 152.036 441.283
202303 393.541 158.105 436.192
202306 379.602 158.993 418.392
202309 412.562 161.140 448.662
202312 427.944 160.400 467.538
202403 446.781 163.879 477.755
202406 435.047 164.841 462.492
202409 448.191 165.877 473.489
202412 448.647 167.802 468.535
202503 461.840 171.577 471.701
202506 436.515 172.391 443.730
202509 447.472 173.060 453.109
202512 450.782 173.240 455.986
202603 461.888 174.650 463.448
202606 475.696 175.240 475.696

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 0.78 mean?
MOL Hungarian Oil and Gas (XPRA:MOL) has a Cyclically Adjusted PB Ratio of 0.78 as of Sep. 18, 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 MOL Hungarian Oil and Gas and its competitors. This is 15% above median its historical median of 0.68. Over the past decade, MOL Hungarian Oil and Gas' Cyclically Adjusted PB Ratio has ranged from 0.54 to 1.10. According to the industry distribution chart, MOL Hungarian Oil and Gas ranks #337 out of 754 companies in the Oil & Gas industry, placing it in the top 44.7%.
Is MOL Hungarian Oil and Gas' Cyclically Adjusted PB Ratio too high?
MOL Hungarian Oil and Gas' current Cyclically Adjusted PB Ratio of 0.78 is 15% above median its 10-year median of 0.68. Over the past 10 years, this metric has ranged from a low of 0.54 to a high of 1.10. The Oil & Gas industry median Cyclically Adjusted PB Ratio is 1.27. MOL Hungarian Oil and Gas' value of 0.78 is 38.3% below this industry median. Based on the distribution chart, MOL Hungarian Oil and Gas ranks #337 out of 754 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, MOL Hungarian Oil and Gas has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MOL Hungarian Oil and Gas' Cyclically Adjusted PB Ratio compare to MPC and VLO?
According to the Oil & Gas industry distribution chart, MOL Hungarian Oil and Gas ranks #337 out of 754 companies for Cyclically Adjusted PB Ratio. This puts MOL Hungarian Oil and Gas in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.27. MOL Hungarian Oil and Gas' value of 0.78 is 38.3% below this benchmark. Historically, MOL Hungarian Oil and Gas' own Cyclically Adjusted PB Ratio has ranged from 0.54 to 1.10 over the past decade. While the company's 10-year median is 0.68 vs. the industry median of 1.27, MOL Hungarian Oil and Gas has consistently been below 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 Oil & Gas company?
The median Cyclically Adjusted PB Ratio among Oil & Gas companies is 1.27, based on 754 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. MOL Hungarian Oil and Gas's current Cyclically Adjusted PB Ratio of 0.78 is 38.3% below 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 MOL Hungarian Oil and Gas and its competitors. For the Oil & Gas 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. MOL Hungarian Oil and Gas's current Cyclically Adjusted PB Ratio is 0.78, which is 15% above median its own 10-year median of 0.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MOL Hungarian Oil and Gas stock overvalued right now?
Based on GuruFocus' analysis, MOL Hungarian Oil and Gas (XPRA:MOL) is currently considered Significantly Overvalued. The stock's GF Value™ is Kč205.31, compared to a current price of Kč355.40 — trading 73.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.78, which is 15% above median its 10-year median of 0.68 and 38.3% below the Oil & Gas industry median of 1.27. MOL Hungarian Oil and Gas' overall GF Score™ is 67/100 with 6 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 MOL Hungarian Oil and Gas (XPRA:MOL), the current Cyclically Adjusted PB Ratio is 0.78 as of Sep. 18, 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 MOL Hungarian Oil and Gas (XPRA:MOL) Overvalued in 2026?

Based on GuruFocus' analysis, MOL Hungarian Oil and Gas stock appears to be overvalued. The current stock price of Kč355.40 is trading 73.1% above its estimated GF Value™ of Kč205.31. GuruFocus considers MOL Hungarian Oil and Gas to be Significantly Overvalued.

Key valuation signals for XPRA:MOL:

  • Cyclically Adjusted PB Ratio: 0.78 (15% above median its 10-year median of 0.68)
  • GF Value™: Kč205.31 vs. price of Kč355.40 (73.1% above fair value)
  • GF Score™: 67/100 with 6 warning signs
  • Industry Position: 38.3% below the Oil & Gas median (#337 of 754)

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


MOL Hungarian Oil and Gas Business Description

Industry EnergyOil & Gas
Address Dombovari ut 28, Budapest, HUN, H-1117
MOL Hungarian Oil and Gas PLC is a multinational integrated oil and gas company. The group has various segments, including Upstream, Downstream, Consumer services, Gas midstream, Circular Economy and Corporate and others. The Downstream segment derives the majority of the revenue, which consists of different business activities that are part of an integrated value chain that turns crude oil into a range of refined products, which are moved and marketed for household, industrial, and transport use. Geographically, the firm derives key revenue from Hungary, Croatia, and Slovakia.
67GF Score

Get the complete analysis for XPRA:MOL

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

Kč355.40
Price
Kč205.31
GF Value