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.
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.
Sulzer AGXSWX:SUN +1.44%80 Cyclically Adjusted PB Ratio is 3.32 as of Jul. 25, 2026, which is 78% above its 10-year median of 1.86. GuruFocus rates XSWX:SUN with a GF Score™ of 80/100 and a GF Value™ of CHF133.83 (Fairly Valued). The stock has 2 warning signs investors should review. Among 2,280 Industrial Products companies, Sulzer AG ranks worse than 66.32% on this metric.
The historical rank and industry rank for Sulzer AG's Cyclically Adjusted PB Ratio or its related term are showing as below:
XSWX:SUN'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.88 Med: 1.86 Max: 4.22
Current: 3.36
During the past 13 years, Sulzer AG's highest Cyclically Adjusted PB Ratio was 4.22. The lowest was 0.88. And the median was 1.86.
XSWX:SUN's Cyclically Adjusted PB Ratio is ranked worse than 66.32% of 2280
companies
in the Industrial Products industry
Industry Median: 2.12
vs XSWX:SUN: 3.36
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.
Sulzer AG's adjusted book value per share data of for the fiscal year that ended in Dec25 was CHF38.331. 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 CHF42.56 for the trailing ten years ended in Dec25.
Shiller PE for Stocks: The True Measure of Stock Valuation
Sulzer AG (XSWX:SUN) 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.
Sulzer AG Cyclically Adjusted PB Ratio Related Terms
Sulzer AG Cyclically Adjusted PB Ratio Historical Data
* Premium members only.
The historical data trend for Sulzer 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.
XSWX:SUN vs GEV, ETN, PH: Cyclically Adjusted PB Ratio Comparison
For the Specialty Industrial Machinery subindustry, Sulzer 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.
Sulzer AG Cyclically Adjusted PB Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Sulzer AG's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Sulzer AG's Cyclically Adjusted PB Ratio falls into.
Sulzer 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.
Sulzer AG's Cyclically Adjusted PB Ratio for today is calculated as
* 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.
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 3.32 mean?
Sulzer AG (XSWX:SUN) has a Cyclically Adjusted PB Ratio of 3.32 as of Jul. 25, 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 Sulzer AG and its competitors. This is 78% above median its historical median of 1.86. Over the past decade, Sulzer AG's Cyclically Adjusted PB Ratio has ranged from 0.88 to 4.22. According to the industry distribution chart, Sulzer AG ranks #1512 out of 2280 companies in the Industrial Products industry, placing it in the top 66.3%.
Is Sulzer AG's Cyclically Adjusted PB Ratio too high?
Sulzer AG's current Cyclically Adjusted PB Ratio of 3.32 is 78% above median its 10-year median of 1.86. Over the past 10 years, this metric has ranged from a low of 0.88 to a high of 4.22. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.12. Sulzer AG's value of 3.32 is 56.6% above this industry median. Based on the distribution chart, Sulzer AG ranks #1512 out of 2280 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Sulzer AG has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sulzer AG's Cyclically Adjusted PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Sulzer AG ranks #1512 out of 2280 companies for Cyclically Adjusted PB Ratio. This places Sulzer AG in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.12. Sulzer AG's value of 3.32 is 56.6% above this benchmark. Historically, Sulzer AG's own Cyclically Adjusted PB Ratio has ranged from 0.88 to 4.22 over the past decade. While the company's 10-year median is 1.86 vs. the industry median of 2.12, Sulzer 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 2.12, based on 2,280 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. Sulzer AG's current Cyclically Adjusted PB Ratio of 3.32 is 56.6% 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 Sulzer AG and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sulzer AG's current Cyclically Adjusted PB Ratio is 3.32, which is 78% above median its own 10-year median of 1.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sulzer AG stock overvalued right now?
Based on GuruFocus' analysis, Sulzer AG (XSWX:SUN) is currently considered Fairly Valued. The stock's GF Value™ is CHF133.83, compared to a current price of CHF141.30 — trading 5.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.32, which is 78% above median its 10-year median of 1.86 and 56.6% above the Industrial Products industry median of 2.12. Sulzer AG's overall GF Score™ is 80/100 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 Sulzer AG (XSWX:SUN), the current Cyclically Adjusted PB Ratio is 3.32 as of Jul. 25, 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 Sulzer AG (XSWX:SUN) Overvalued in 2026?
Based on GuruFocus' analysis, Sulzer AG stock appears to be overvalued.
The current stock price of CHF141.30 is trading 5.6% above its estimated GF Value™ of CHF133.83.
GuruFocus considers Sulzer AG to be Fairly Valued.
Key valuation signals for XSWX:SUN:
Cyclically Adjusted PB Ratio: 3.32 (78% above median its 10-year median of 1.86)
GF Value™: CHF133.83 vs. price of CHF141.30 (5.6% above fair value)
Industry Position: 56.6% above the Industrial Products median (#1512 of 2280)
No single metric tells the full story. See the XSWX:SUN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sulzer AG specializes in pumping solutions, rotating equipment maintenance, and mixing technology. It serves customers operating in the oil and gas, power, and water markets. Pumping solutions focus on transporting and processing oil and derivatives, treating water, and renewable power generation. In addition, the company offers solutions for turbines, compressors, motors, and other rotating components and has technicians to provide maintenance. Sulzer's business segments include Flow Equipment, Services, Chemtech, and Others which serve across the globe. Majority of its revenues are generated from its Flow equipment and Services segment.
80GF Score
Get the complete analysis for XSWX:SUN
Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XSWX:SUN has been successfully added to your 
