BDNNY (Boliden AB) Cyclically Adjusted PB Ratio: 2.57 (As of Aug. 09, 2026) — Near Median

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BDNNY Boliden AB BDNNY
93 GF Score
Price $110.04
GF Value $83.52
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Boliden AB Cyclically Adjusted PB Ratio?

Boliden AB BDNNY +3.27% 93 Cyclically Adjusted PB Ratio is 2.57 as of Aug. 09, 2026, which is 3% above its 10-year median of 2.50. GuruFocus rates BDNNY with a GF Score™ of 93/100 and a GF Value™ of $83.52 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,529 Metals & Mining companies, Boliden AB ranks worse than 62.2% on this metric.

As of today (2026-08-09), Boliden AB's current share price is $110.04. Boliden AB's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $42.76. Boliden AB's Cyclically Adjusted PB Ratio for today is 2.57.

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

BDNNY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.46   Med: 2.5   Max: 3.85
Current: 2.51

During the past years, Boliden AB's highest Cyclically Adjusted PB Ratio was 3.85. The lowest was 1.46. And the median was 2.50.

BDNNY's Cyclically Adjusted PB Ratio is ranked worse than
62.2% of 1529 companies
in the Metals & Mining industry
Industry Median: 1.54 vs BDNNY: 2.51

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.

Boliden AB's adjusted book value per share data for the three months ended in Jun. 2026 was $59.554. 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 $42.76 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Boliden AB  (OTCPK:BDNNY) 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.


Boliden AB Cyclically Adjusted PB Ratio Related Terms


Boliden AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Boliden 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.

Boliden AB Cyclically Adjusted PB Ratio Chart

Boliden AB 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 2.75 2.54 1.84 1.69 2.61

Boliden 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 1.54 1.97 2.61 2.41 2.64

Boliden AB Cyclically Adjusted PB Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Boliden 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.


Boliden AB Cyclically Adjusted PB Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Boliden AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BDNNY
93GF Score
Boliden AB BDNNY
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Boliden 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=110.04/42.76
=2.57

* 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.

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

For example, Boliden 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)
=59.554/134.6100*134.6100
=59.554

Current CPI (Jun. 2026) = 134.6100.

Boliden AB Quarterly Data

Book Value per Share CPI Adj_Book
201609 23.633 101.138 31.455
201612 23.339 102.022 30.794
201703 25.437 102.022 33.562
201706 26.223 102.752 34.353
201709 29.681 103.279 38.685
201712 30.533 103.793 39.599
201803 33.476 103.962 43.345
201806 30.058 104.875 38.580
201809 30.483 105.679 38.828
201812 31.580 105.912 40.137
201903 32.395 105.886 41.183
201906 30.280 106.742 38.186
201909 30.566 107.214 38.376
201912 32.117 107.766 40.117
202003 32.158 106.563 40.622
202006 32.927 107.498 41.232
202009 36.352 107.635 45.462
202012 39.892 108.296 49.585
202103 41.284 108.360 51.285
202106 40.330 108.928 49.839
202109 40.806 110.338 49.782
202112 40.920 112.486 48.968
202203 42.193 114.825 49.463
202206 37.752 118.384 42.927
202209 36.918 122.296 40.635
202212 41.086 126.365 43.767
202303 42.409 127.042 44.935
202306 37.476 129.407 38.983
202309 36.948 130.224 38.193
202312 40.214 131.912 41.037
202403 41.059 132.205 41.806
202406 41.598 132.716 42.192
202409 44.005 132.304 44.772
202412 43.269 132.987 43.797
202503 47.657 132.825 48.298
202506 52.050 133.699 52.405
202509 54.631 133.480 55.093
202512 57.987 133.390 58.517
202603 61.384 133.560 61.867
202606 59.554 134.610 59.554

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 2.57 mean?
Boliden AB (BDNNY) has a Cyclically Adjusted PB Ratio of 2.57 as of Aug. 09, 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 Boliden AB and its competitors. This is near median its historical median of 2.50. Over the past decade, Boliden AB's Cyclically Adjusted PB Ratio has ranged from 1.46 to 3.85. According to the industry distribution chart, Boliden AB ranks #951 out of 1529 companies in the Metals & Mining industry, placing it in the top 62.2%.
Is Boliden AB's Cyclically Adjusted PB Ratio too high?
Boliden AB's current Cyclically Adjusted PB Ratio of 2.57 is near median its 10-year median of 2.50. Over the past 10 years, this metric has ranged from a low of 1.46 to a high of 3.85. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.54. Boliden AB's value of 2.57 is 66.9% above this industry median. Based on the distribution chart, Boliden AB ranks #951 out of 1529 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Boliden AB has a GF Score™ of 93/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Boliden AB's Cyclically Adjusted PB Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Boliden AB ranks #951 out of 1529 companies for Cyclically Adjusted PB Ratio. This places Boliden AB in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.54. Boliden AB's value of 2.57 is 66.9% above this benchmark. Historically, Boliden AB's own Cyclically Adjusted PB Ratio has ranged from 1.46 to 3.85 over the past decade. While the company's 10-year median is 2.50 vs. the industry median of 1.54, Boliden 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 a Metals & Mining company?
The median Cyclically Adjusted PB Ratio among Metals & Mining companies is 1.54, based on 1,529 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. Boliden AB's current Cyclically Adjusted PB Ratio of 2.57 is 66.9% 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 Boliden AB and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PB Ratio is 1.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Boliden AB's current Cyclically Adjusted PB Ratio is 2.57, which is near median its own 10-year median of 2.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Boliden AB stock overvalued right now?
Based on GuruFocus' analysis, Boliden AB (BDNNY) is currently considered Significantly Overvalued. The stock's GF Value™ is $83.52, compared to a current price of $110.04 — trading 31.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.57, which is near median its 10-year median of 2.50 and 66.9% above the Metals & Mining industry median of 1.54. Boliden AB's overall GF Score™ is 93/100 with 7 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 Boliden AB (BDNNY), the current Cyclically Adjusted PB Ratio is 2.57 as of Aug. 09, 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 Boliden AB (BDNNY) Overvalued in 2026?

Based on GuruFocus' analysis, Boliden AB stock appears to be overvalued. The current stock price of $110.04 is trading 31.8% above its estimated GF Value™ of $83.52. GuruFocus considers Boliden AB to be Significantly Overvalued.

Key valuation signals for BDNNY:

  • Cyclically Adjusted PB Ratio: 2.57 (near median its 10-year median of 2.50)
  • GF Value™: $83.52 vs. price of $110.04 (31.8% above fair value)
  • GF Score™: 93/100 with 7 warning signs
  • Industry Position: 66.9% above the Metals & Mining median (#951 of 1529)

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


Boliden AB Business Description

Address Klarabergsviadukten 90, P.O. Box 44, Stockholm, SWE, SE-101 20
Boliden AB operates Mines and smelters in Sweden, Norway, Finland, and Ireland. The company processes zinc, copper, gold, silver and other metals and is engaged in exploration, mining, smelting, and metals recycling. The company has two operating segments: the business area smelters and the business area mines. The business area mines division comprises mining areas: Aitik, the Boliden Area, and Garpenberg in Sweden; Kevitsa in Finland; and the Tara mine in Ireland. It includes both underground mines and open-pit mines. The company generates maximum revenue from the Business area Smelters segment.
93GF Score

Get the complete analysis for BDNNY

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

$110.04
Price
$83.52
GF Value