Phoenix Mecano AG (XSWX:PMN) Cyclically Adjusted PB Ratio: 1.47 (As of Jul. 12, 2026) — Near Median


XSWX:PMN Phoenix Mecano AG XSWX:PMN
72 GF Score
Price CHF416.00
GF Value CHF440.63
Valuation Fairly Valued
! 2 Warning Signs
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What is Phoenix Mecano AG Cyclically Adjusted PB Ratio?

Phoenix Mecano AG XSWX:PMN -2.80% 72 Cyclically Adjusted PB Ratio is 1.47 as of Jul. 12, 2026, which is 3% below its 10-year median of 1.52. GuruFocus rates XSWX:PMN with a GF Score™ of 72/100 and a GF Value™ of CHF440.63 (Fairly Valued). The stock has 2 warning signs investors should review. Among 2,296 Industrial Products companies, Phoenix Mecano AG ranks better than 64.42% on this metric.

As of today (2026-07-12), Phoenix Mecano AG's current share price is CHF416.00. Phoenix Mecano AG's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was CHF283.82. Phoenix Mecano AG's Cyclically Adjusted PB Ratio for today is 1.47.

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

XSWX:PMN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.03   Med: 1.52   Max: 2.37
Current: 1.47

During the past 13 years, Phoenix Mecano AG's highest Cyclically Adjusted PB Ratio was 2.37. The lowest was 1.03. And the median was 1.52.

XSWX:PMN's Cyclically Adjusted PB Ratio is ranked better than
64.42% of 2296 companies
in the Industrial Products industry
Industry Median: 2.215 vs XSWX:PMN: 1.47

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.

Phoenix Mecano AG's adjusted book value per share data of for the fiscal year that ended in Dec25 was CHF264.657. 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 CHF283.82 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Phoenix Mecano AG  (XSWX:PMN) 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.


Phoenix Mecano AG Cyclically Adjusted PB Ratio Related Terms


Phoenix Mecano AG Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Phoenix Mecano 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.

Phoenix Mecano AG Cyclically Adjusted PB Ratio Chart

Phoenix Mecano 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 1.37 1.11 1.47 1.47 1.57

Phoenix Mecano AG Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 1.47 0.00 1.47 0.00 1.57

XSWX:PMN vs GEV, ETN, PH: Cyclically Adjusted PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, Phoenix Mecano 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.


Phoenix Mecano AG Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

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


XSWX:PMN
72GF Score
Phoenix Mecano AG XSWX:PMN
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Phoenix Mecano 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=416.00/283.82
=1.47

* 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.

Phoenix Mecano AG's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Phoenix Mecano AG'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)
=264.657/107.2000*107.2000
=264.657

Current CPI (Dec25) = 107.2000.

Phoenix Mecano AG Annual Data

Book Value per Share CPI Adj_Book
201612 303.711 99.380 327.611
201712 326.677 100.213 349.453
201812 313.705 100.906 333.272
201912 246.228 101.063 261.180
202012 216.666 100.241 231.708
202112 248.001 101.776 261.219
202212 258.074 104.666 264.322
202312 267.711 106.461 269.569
202412 275.065 107.128 275.250
202512 264.657 107.200 264.657

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 1.47 mean?
Phoenix Mecano AG (XSWX:PMN) has a Cyclically Adjusted PB Ratio of 1.47 as of Jul. 12, 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 Phoenix Mecano AG and its competitors. This is near median its historical median of 1.52. Over the past decade, Phoenix Mecano AG's Cyclically Adjusted PB Ratio has ranged from 1.03 to 2.37. According to the industry distribution chart, Phoenix Mecano AG ranks #817 out of 2296 companies in the Industrial Products industry, placing it in the top 35.6%.
Is Phoenix Mecano AG's Cyclically Adjusted PB Ratio too high?
Phoenix Mecano AG's current Cyclically Adjusted PB Ratio of 1.47 is near median its 10-year median of 1.52. Over the past 10 years, this metric has ranged from a low of 1.03 to a high of 2.37. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.22. Phoenix Mecano AG's value of 1.47 is 33.6% below this industry median. Based on the distribution chart, Phoenix Mecano AG ranks #817 out of 2296 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Phoenix Mecano AG has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Phoenix Mecano AG's Cyclically Adjusted PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Phoenix Mecano AG ranks #817 out of 2296 companies for Cyclically Adjusted PB Ratio. This puts Phoenix Mecano AG in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.22. Phoenix Mecano AG's value of 1.47 is 33.6% below this benchmark. Historically, Phoenix Mecano AG's own Cyclically Adjusted PB Ratio has ranged from 1.03 to 2.37 over the past decade. While the company's 10-year median is 1.52 vs. the industry median of 2.22, Phoenix Mecano AG 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 Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.22, based on 2,296 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. Phoenix Mecano AG's current Cyclically Adjusted PB Ratio of 1.47 is 33.6% 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 Phoenix Mecano AG 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. Phoenix Mecano AG's current Cyclically Adjusted PB Ratio is 1.47, which is near median its own 10-year median of 1.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Phoenix Mecano AG stock overvalued right now?
Based on GuruFocus' analysis, Phoenix Mecano AG (XSWX:PMN) is currently considered Fairly Valued. The stock's GF Value™ is CHF440.63, compared to a current price of CHF416.00 — trading 5.6% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.47, which is near median its 10-year median of 1.52 and 33.6% below the Industrial Products industry median of 2.22. Phoenix Mecano AG's overall GF Score™ is 72/100 with 2 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 Phoenix Mecano AG (XSWX:PMN), the current Cyclically Adjusted PB Ratio is 1.47 as of Jul. 12, 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 Phoenix Mecano AG (XSWX:PMN) Overvalued in 2026?

Based on GuruFocus' analysis, Phoenix Mecano AG stock appears to be undervalued. The current stock price of CHF416.00 is trading 5.6% below its estimated GF Value™ of CHF440.63. GuruFocus considers Phoenix Mecano AG to be Fairly Valued.

Key valuation signals for XSWX:PMN:

  • Cyclically Adjusted PB Ratio: 1.47 (near median its 10-year median of 1.52)
  • GF Value™: CHF440.63 vs. price of CHF416.00 (5.6% below fair value)
  • GF Score™: 72/100 with 2 warning signs
  • Industry Position: 33.6% below the Industrial Products median (#817 of 2296)

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


Phoenix Mecano AG Business Description

Other Exchanges PMNz:UK0QKP:UKPXM0:Germany
Address Hofwisenstrasse 6, Stein am Rhein, CHE, 8260
Phoenix Mecano AG is a technology company with market shares in international growth markets, manufacturing components and system solutions such as technical enclosures, electronic components, and electrical drives, mechanisms, and control systems for adjustable comfort and healthcare furniture and hospital beds. Its products are used across applications, including mechanical engineering, measurement and control technology, electrical engineering, automotive and railway technology, energy, medical, aerospace, and home and hospital care. The Group operates through three divisions: Enclosure Systems, Industrial Components, and DewertOkin Technology Group. It operates in Switzerland, Germany, the United Kingdom, France, Italy, the Netherlands, and other countries.
72GF Score

Get the complete analysis for XSWX:PMN

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

CHF416.00
Price
CHF440.63
GF Value