ABB (XSWX:ABBNE) Cyclically Adjusted PB Ratio: 11.77 (As of Jul. 18, 2026) — 187% 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.

XSWX:ABBNE ABB Ltd XSWX:ABBNE
80 GF Score
Price CHF78.60
GF Value CHF50.12
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is ABB Cyclically Adjusted PB Ratio?

ABB XSWX:ABBNE -0.61% 80 Cyclically Adjusted PB Ratio is 11.77 as of Jul. 18, 2026, which is 187% above its 10-year median of 4.10. GuruFocus rates XSWX:ABBNE with a GF Score™ of 80/100 and a GF Value™ of CHF50.12 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 2,290 Industrial Products companies, ABB ranks worse than 92.71% on this metric.

As of today (2026-07-18), ABB's current share price is CHF78.60. ABB's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was CHF6.68. ABB's Cyclically Adjusted PB Ratio for today is 11.77.

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

XSWX:ABBNE' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.31   Med: 4.1   Max: 13.06
Current: 11.78

During the past years, ABB's highest Cyclically Adjusted PB Ratio was 13.06. The lowest was 2.31. And the median was 4.10.

XSWX:ABBNE's Cyclically Adjusted PB Ratio is ranked worse than
92.71% of 2290 companies
in the Industrial Products industry
Industry Median: 2.22 vs XSWX:ABBNE: 11.78

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.

ABB's adjusted book value per share data for the three months ended in Jun. 2026 was CHF7.001. 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 CHF6.68 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


ABB  (XSWX:ABBNE) 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.


ABB Cyclically Adjusted PB Ratio Related Terms


ABB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for ABB'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.

ABB Cyclically Adjusted PB Ratio Chart

ABB 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 5.07 4.17 5.53 7.35 8.91

ABB 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 7.05 8.59 8.91 9.47 13.03

XSWX:ABBNE vs VRT, BE, HUBB: Cyclically Adjusted PB Ratio Comparison

For the Electrical Equipment & Parts subindustry, ABB'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.


ABB Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

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


XSWX:ABBNE
80GF Score
ABB Ltd XSWX:ABBNE
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ABB 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.

ABB's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=78.60/6.68
=11.77

* 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.

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

For example, ABB'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)
=7.001/108.5400*108.5400
=7.001

Current CPI (Jun. 2026) = 108.5400.

ABB Quarterly Data

Book Value per Share CPI Adj_Book
201609 6.124 99.604 6.673
201612 6.385 99.380 6.974
201703 6.729 100.040 7.301
201706 6.080 100.285 6.580
201709 6.423 100.254 6.954
201712 6.839 100.213 7.407
201803 5.965 100.836 6.421
201806 6.328 101.435 6.771
201809 6.406 101.246 6.868
201812 6.491 100.906 6.982
201903 6.802 101.571 7.269
201906 5.976 102.044 6.356
201909 6.143 101.396 6.576
201912 6.230 101.063 6.691
202003 5.202 101.048 5.588
202006 5.417 100.743 5.836
202009 7.323 100.585 7.902
202012 6.861 100.241 7.429
202103 6.289 100.800 6.772
202106 6.305 101.352 6.752
202109 6.460 101.533 6.906
202112 7.327 101.776 7.814
202203 6.382 103.205 6.712
202206 6.289 104.783 6.515
202209 6.137 104.835 6.354
202212 6.382 104.666 6.618
202303 6.077 106.245 6.208
202306 6.195 106.576 6.309
202309 6.425 106.570 6.544
202312 6.298 106.461 6.421
202403 6.116 107.355 6.184
202406 6.512 107.991 6.545
202409 6.473 107.468 6.538
202412 6.994 107.128 7.086
202503 6.516 107.722 6.565
202506 6.268 108.075 6.295
202509 6.546 107.710 6.596
202512 7.051 107.200 7.139
202603 6.404 108.060 6.432
202606 7.001 108.540 7.001

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 11.77 mean?
ABB (XSWX:ABBNE) has a Cyclically Adjusted PB Ratio of 11.77 as of Jul. 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 ABB and its competitors. This is 187% above median its historical median of 4.10. Over the past decade, ABB's Cyclically Adjusted PB Ratio has ranged from 2.31 to 13.06. According to the industry distribution chart, ABB ranks #2123 out of 2290 companies in the Industrial Products industry, placing it in the top 92.7%.
Is ABB's Cyclically Adjusted PB Ratio too high?
ABB's current Cyclically Adjusted PB Ratio of 11.77 is 187% above median its 10-year median of 4.10. Over the past 10 years, this metric has ranged from a low of 2.31 to a high of 13.06. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.22. ABB's value of 11.77 is 430.2% above this industry median. Based on the distribution chart, ABB ranks #2123 out of 2290 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, ABB has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ABB's Cyclically Adjusted PB Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, ABB ranks #2123 out of 2290 companies for Cyclically Adjusted PB Ratio. This places ABB in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.22. ABB's value of 11.77 is 430.2% above this benchmark. Historically, ABB's own Cyclically Adjusted PB Ratio has ranged from 2.31 to 13.06 over the past decade. While the company's 10-year median is 4.10 vs. the industry median of 2.22, ABB 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 2.22, based on 2,290 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. ABB's current Cyclically Adjusted PB Ratio of 11.77 is 430.2% 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 ABB and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ABB's current Cyclically Adjusted PB Ratio is 11.77, which is 187% above median its own 10-year median of 4.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ABB stock overvalued right now?
Based on GuruFocus' analysis, ABB (XSWX:ABBNE) is currently considered Significantly Overvalued. The stock's GF Value™ is CHF50.12, compared to a current price of CHF78.60 — trading 56.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 11.77, which is 187% above median its 10-year median of 4.10 and 430.2% above the Industrial Products industry median of 2.22. ABB's overall GF Score™ is 80/100 with 1 warning sign 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 ABB (XSWX:ABBNE), the current Cyclically Adjusted PB Ratio is 11.77 as of Jul. 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 ABB (XSWX:ABBNE) Overvalued in 2026?

Based on GuruFocus' analysis, ABB stock appears to be overvalued. The current stock price of CHF78.60 is trading 56.8% above its estimated GF Value™ of CHF50.12. GuruFocus considers ABB to be Significantly Overvalued.

Key valuation signals for XSWX:ABBNE:

  • Cyclically Adjusted PB Ratio: 11.77 (187% above median its 10-year median of 4.10)
  • GF Value™: CHF50.12 vs. price of CHF78.60 (56.8% above fair value)
  • GF Score™: 80/100 with 1 warning sign
  • Industry Position: 430.2% above the Industrial Products median (#2123 of 2290)

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


ABB Business Description

Address Affolternstrasse 44, Zurich, CHE, 8050
ABB supplies electrical equipment and automation products. Founded in the late 19th century, the company was created out of the merger of two old industrial companies: ASEA and BBC. Its products include electrical equipment, industrial robots, and equipment used for industrial automation, sold via approximately 19 business divisions. ABB is the number-one or number-two supplier in two-thirds of its product segments.
80GF Score

Get the complete analysis for XSWX:ABBNE

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

CHF78.60
Price
CHF50.12
GF Value