ADDHY (Addtech AB) Cyclically Adjusted PB Ratio: 20.06 (As of Aug. 23, 2026) — 15% Above Median

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ADDHY Addtech AB ADDHY
90 GF Score
Price $17.65
GF Value $17.60
Valuation Fairly Valued
! 2 Warning Signs
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What is Addtech AB Cyclically Adjusted PB Ratio?

Addtech AB ADDHY -1.31% 90 Cyclically Adjusted PB Ratio is 20.06 as of Aug. 23, 2026, which is 15% above its 10-year median of 17.39. GuruFocus rates ADDHY with a GF Score™ of 90/100 and a GF Value™ of $17.60 (Fairly Valued). The stock has 2 warning signs investors should review. Among 126 Industrial Distribution companies, Addtech AB ranks worse than 98.41% on this metric.

As of today (2026-08-23), Addtech AB's current share price is $17.65. Addtech AB's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $0.88. Addtech AB's Cyclically Adjusted PB Ratio for today is 20.06.

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

ADDHY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 7.44   Med: 17.39   Max: 28.57
Current: 19.98

During the past years, Addtech AB's highest Cyclically Adjusted PB Ratio was 28.57. The lowest was 7.44. And the median was 17.39.

ADDHY's Cyclically Adjusted PB Ratio is ranked worse than
98.41% of 126 companies
in the Industrial Distribution industry
Industry Median: 1.26 vs ADDHY: 19.98

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.

Addtech AB's adjusted book value per share data for the three months ended in Jun. 2026 was $1.673. 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 $0.88 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Addtech AB  (OTCPK:ADDHY) 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.


Addtech AB Cyclically Adjusted PB Ratio Related Terms


Addtech AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Addtech AB'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.

Addtech AB Cyclically Adjusted PB Ratio Chart

Addtech AB Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.73 18.23 19.46 20.57 19.63

Addtech AB 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 21.76 20.09 20.96 19.63 20.20

ADDHY vs GWW, FAST, FERG: Cyclically Adjusted PB Ratio Comparison

For the Industrial Distribution subindustry, Addtech AB'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.


Addtech AB Cyclically Adjusted PB Ratio vs Industrial Distribution Industry

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

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


ADDHY
90GF Score
Addtech AB ADDHY
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Addtech AB 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.

Addtech AB's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=17.65/0.88
=20.06

* 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.

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

For example, Addtech AB'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)
=1.673/134.6100*134.6100
=1.673

Current CPI (Jun. 2026) = 134.6100.

Addtech AB Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.332 101.138 0.442
201612 0.322 102.022 0.425
201703 0.357 102.022 0.471
201706 0.396 102.752 0.519
201709 0.401 103.279 0.523
201712 0.408 103.793 0.529
201803 0.472 103.962 0.611
201806 0.487 104.875 0.625
201809 0.439 105.679 0.559
201812 0.467 105.912 0.594
201903 0.495 105.886 0.629
201906 0.540 106.742 0.681
201909 0.495 107.214 0.621
201912 0.525 107.766 0.656
202003 0.571 106.563 0.721
202006 0.617 107.498 0.773
202009 0.623 107.635 0.779
202012 0.672 108.296 0.835
202103 0.700 108.360 0.870
202106 0.751 108.928 0.928
202109 0.716 110.338 0.874
202112 0.760 112.486 0.909
202203 0.762 114.825 0.893
202206 0.831 118.384 0.945
202209 0.735 122.296 0.809
202212 0.861 126.365 0.917
202303 0.918 127.042 0.973
202306 1.029 129.407 1.070
202309 0.922 130.224 0.953
202312 1.025 131.912 1.046
202403 1.063 132.205 1.082
202406 1.130 132.716 1.146
202409 1.080 132.304 1.099
202412 1.095 132.987 1.108
202503 1.212 132.825 1.228
202506 1.412 133.699 1.422
202509 1.330 133.480 1.341
202512 1.418 133.390 1.431
202603 1.552 133.560 1.564
202606 1.673 134.610 1.673

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 20.06 mean?
Addtech AB (ADDHY) has a Cyclically Adjusted PB Ratio of 20.06 as of Aug. 23, 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 Addtech AB and its competitors. This is 15% above median its historical median of 17.39. Over the past decade, Addtech AB's Cyclically Adjusted PB Ratio has ranged from 7.44 to 28.57. According to the industry distribution chart, Addtech AB ranks #124 out of 126 companies in the Industrial Distribution industry, placing it in the top 98.4%.
Is Addtech AB's Cyclically Adjusted PB Ratio too high?
Addtech AB's current Cyclically Adjusted PB Ratio of 20.06 is 15% above median its 10-year median of 17.39. Over the past 10 years, this metric has ranged from a low of 7.44 to a high of 28.57. The Industrial Distribution industry median Cyclically Adjusted PB Ratio is 1.26. Addtech AB's value of 20.06 is 1492.1% above this industry median. Based on the distribution chart, Addtech AB ranks #124 out of 126 companies in the Industrial Distribution industry, which is in the bottom quartile relative to peers. Overall, Addtech AB has a GF Score™ of 90/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Addtech AB's Cyclically Adjusted PB Ratio compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Addtech AB ranks #124 out of 126 companies for Cyclically Adjusted PB Ratio. This places Addtech AB in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.26. Addtech AB's value of 20.06 is 1492.1% above this benchmark. Historically, Addtech AB's own Cyclically Adjusted PB Ratio has ranged from 7.44 to 28.57 over the past decade. While the company's 10-year median is 17.39 vs. the industry median of 1.26, Addtech AB 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 Distribution company?
The median Cyclically Adjusted PB Ratio among Industrial Distribution companies is 1.26, based on 126 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. Addtech AB's current Cyclically Adjusted PB Ratio of 20.06 is 1492.1% 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 Addtech AB and its competitors. For the Industrial Distribution industry, the median Cyclically Adjusted PB Ratio is 1.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Addtech AB's current Cyclically Adjusted PB Ratio is 20.06, which is 15% above median its own 10-year median of 17.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Addtech AB stock overvalued right now?
Based on GuruFocus' analysis, Addtech AB (ADDHY) is currently considered Fairly Valued. The stock's GF Value™ is $17.60, compared to a current price of $17.65 — trading 0.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 20.06, which is 15% above median its 10-year median of 17.39 and 1492.1% above the Industrial Distribution industry median of 1.26. Addtech AB's overall GF Score™ is 90/100 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 Addtech AB (ADDHY), the current Cyclically Adjusted PB Ratio is 20.06 as of Aug. 23, 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 Addtech AB (ADDHY) Overvalued in 2026?

Based on GuruFocus' analysis, Addtech AB stock appears to be overvalued. The current stock price of $17.65 is trading 0.3% above its estimated GF Value™ of $17.60. GuruFocus considers Addtech AB to be Fairly Valued.

Key valuation signals for ADDHY:

  • Cyclically Adjusted PB Ratio: 20.06 (15% above median its 10-year median of 17.39)
  • GF Value™: $17.60 vs. price of $17.65 (0.3% above fair value)
  • GF Score™: 90/100 with 2 warning signs
  • Industry Position: 1492.1% above the Industrial Distribution median (#124 of 126)

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


Addtech AB Business Description

Address Birger Jarlsgatan 43, Box 5112, Stockholm, SWE, SE-102 43
Addtech AB is a group of businesses offering high-tech products and solutions to customers in the manufacturing and infrastructure sectors. The company's segments include Automation, Electrification, Energy, Industrial Solutions, and Process Technology. It generates maximum revenue from the Energy segment. Energy produces and sells products for electricity transmission, electrical installation, and safety products in transport. Geographically, the company derives maximum revenue from Sweden, and the rest from Denmark, Finland, Germany, Norway, the United Kingdom, the Rest of Europe, and other countries.
90GF Score

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

$17.65
Price
$17.60
GF Value