MTU Aero Engines AGMTUAF -1.84%86 PB Ratio is 4.29 as of Jun. 29, 2026, which is 1% below its 10-year median of 4.32. GuruFocus rates MTUAF with a GF Score™ of 86/100 and a GF Value™ of $456.86 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 339 Aerospace & Defense companies, MTU Aero Engines AG ranks worse than 59.88% on this metric.
The historical rank and industry rank for MTU Aero Engines AG's PB Ratio or its related term are showing as below:
MTUAF'
s PB Ratio Range Over the Past 10 Years
Min: 2.41 Med: 4.32 Max: 6.52
Current: 4.39
During the past 13 years, MTU Aero Engines AG's highest PB Ratio was 6.52. The lowest was 2.41. And the median was 4.32.
MTUAF's PB Ratio is ranked worse than 59.88% of 339
companies
in the Aerospace & Defense industry
Industry Median: 3.57
vs MTUAF: 4.39
During the past 12 months, MTU Aero Engines AG's average Book Value Per Share Growth Rate was 28.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 12.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 9.50% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 10.80% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of MTU Aero Engines AG was 41.10% per year. The lowest was 2.90% per year. And the median was 11.00% per year.
Back to Basics: PB Ratio
MTU Aero Engines AG (OTCPK:MTUAF) PB Ratio Explanation
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
MTU Aero Engines AG PB Ratio Related Terms
MTU Aero Engines AG PB Ratio Historical Data
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The historical data trend for MTU Aero Engines AG's 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.
For the Aerospace & Defense subindustry, MTU Aero Engines AG's PB Ratio, along with its competitors' market caps and 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.
MTU Aero Engines AG PB Ratio vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, MTU Aero Engines AG's PB Ratio distribution charts can be found below:
* The bar in red indicates where MTU Aero Engines AG's PB Ratio falls into.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
* 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.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
MTU Aero Engines AG (MTUAF) has a PB Ratio of 4.29 as of Jun. 29, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on MTU Aero Engines AG and its competitors. This is near median its historical median of 4.32. Over the past decade, MTU Aero Engines AG's PB Ratio has ranged from 2.41 to 6.52. According to the industry distribution chart, MTU Aero Engines AG ranks #203 out of 339 companies in the Aerospace & Defense industry, placing it in the top 59.9%.
Is MTU Aero Engines AG's PB Ratio too high?
MTU Aero Engines AG's current PB Ratio of 4.29 is near median its 10-year median of 4.32. Over the past 10 years, this metric has ranged from a low of 2.41 to a high of 6.52. The Aerospace & Defense industry median PB Ratio is 3.57. MTU Aero Engines AG's value of 4.29 is 20.2% above this industry median. Based on the distribution chart, MTU Aero Engines AG ranks #203 out of 339 companies in the Aerospace & Defense industry, which is below the industry midpoint. Overall, MTU Aero Engines AG has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does MTU Aero Engines AG's PB Ratio compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, MTU Aero Engines AG ranks #203 out of 339 companies for PB Ratio. This places MTU Aero Engines AG in the lower half of its industry. The industry median PB Ratio is 3.57. MTU Aero Engines AG's value of 4.29 is 20.2% above this benchmark. Historically, MTU Aero Engines AG's own PB Ratio has ranged from 2.41 to 6.52 over the past decade. While the company's 10-year median is 4.32 vs. the industry median of 3.57, MTU Aero Engines 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 PB Ratio for an Aerospace & Defense company?
The median PB Ratio among Aerospace & Defense companies is 3.57, based on 339 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. MTU Aero Engines AG's current PB Ratio of 4.29 is 20.2% 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 PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on MTU Aero Engines AG and its competitors. For the Aerospace & Defense industry, the median PB Ratio is 3.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MTU Aero Engines AG's current PB Ratio is 4.29, which is near median its own 10-year median of 4.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MTU Aero Engines AG stock overvalued right now?
Based on GuruFocus' analysis, MTU Aero Engines AG (MTUAF) is currently considered Modestly Undervalued. The stock's GF Value™ is $456.86, compared to a current price of $402.61 — trading 11.9% below its estimated fair value. The current PB Ratio is 4.29, which is near median its 10-year median of 4.32 and 20.2% above the Aerospace & Defense industry median of 3.57. MTU Aero Engines AG's overall GF Score™ is 86/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For MTU Aero Engines AG (MTUAF), the current PB Ratio is 4.29 as of Jun. 29, 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 MTU Aero Engines AG (MTUAF) Overvalued in 2026?
Based on GuruFocus' analysis, MTU Aero Engines AG stock appears to be undervalued.
The current stock price of $402.61 is trading 11.9% below its estimated GF Value™ of $456.86.
GuruFocus considers MTU Aero Engines AG to be Modestly Undervalued.
Key valuation signals for MTUAF:
PB Ratio: 4.29 (near median its 10-year median of 4.32)
GF Value™: $456.86 vs. price of $402.61 (11.9% below fair value)
Industry Position: 20.2% above the Aerospace & Defense median (#203 of 339)
No single metric tells the full story. See the MTUAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MTU Aero Engines specializes in the development and production of commercial and military aircraft engine components and spare parts. It also performs maintenance, repair, and overhaul services for aircraft engines. More than 30% of commercial aircraft have MTU technology on board. The company is a major assembler of aircraft engines. The commercial and military engine segment develops and manufactures engine components for new engine production and spare parts for the aftermarket. The commercial maintenance business reports MTU's MRO services.
86GF Score
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