BGPBF (BTS Group AB) Cyclically Adjusted PB Ratio: 2.57 (As of Jul. 17, 2026) — 60% Below Median

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BGPBF BTS Group AB BGPBF
97 GF Score
Price $23.35
GF Value $33.93
! 6 Warning Signs
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What is BTS Group AB Cyclically Adjusted PB Ratio?

BTS Group AB BGPBF 97 Cyclically Adjusted PB Ratio is 2.57 as of Jul. 17, 2026, which is 60% below its 10-year median of 6.49. GuruFocus rates BGPBF with a GF Score™ of 97/100 and a GF Value™ of $33.93. The stock has 6 warning signs investors should review. Among 730 Business Services companies, BTS Group AB ranks worse than 73.84% on this metric.

As of today (2026-07-17), BTS Group AB's current share price is $23.35. BTS Group AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $9.10. BTS Group AB's Cyclically Adjusted PB Ratio for today is 2.57.

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

BGPBF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.97   Med: 6.49   Max: 13.93
Current: 3.07

During the past years, BTS Group AB's highest Cyclically Adjusted PB Ratio was 13.93. The lowest was 1.97. And the median was 6.49.

BGPBF's Cyclically Adjusted PB Ratio is ranked worse than
73.84% of 730 companies
in the Business Services industry
Industry Median: 1.57 vs BGPBF: 3.07

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.

BTS Group AB's adjusted book value per share data for the three months ended in Mar. 2026 was $8.413. 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 $9.10 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


BTS Group AB  (OTCPK:BGPBF) 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.


BTS Group AB Cyclically Adjusted PB Ratio Related Terms


BTS Group AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for BTS Group 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.

BTS Group AB Cyclically Adjusted PB Ratio Chart

BTS Group 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 12.47 7.20 6.36 5.06 2.60

BTS Group AB Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 5.01 4.23 3.24 2.60 2.57

BGPBF vs VRSK, EFX, BAH: Cyclically Adjusted PB Ratio Comparison

For the Consulting Services subindustry, BTS Group 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.


BTS Group AB Cyclically Adjusted PB Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, BTS Group AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BGPBF
97GF Score
BTS Group AB BGPBF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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BTS Group 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=23.35/9.10
=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.

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

For example, BTS Group AB's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=8.413/133.5600*133.5600
=8.413

Current CPI (Mar. 2026) = 133.5600.

BTS Group AB Quarterly Data

Book Value per Share CPI Adj_Book
201606 3.055 101.019 4.039
201609 3.135 101.138 4.140
201612 3.164 102.022 4.142
201703 3.286 102.022 4.302
201706 3.122 102.752 4.058
201709 3.354 103.279 4.337
201712 3.663 103.793 4.714
201803 3.910 103.962 5.023
201806 3.920 104.875 4.992
201809 3.947 105.679 4.988
201812 4.101 105.912 5.172
201903 4.288 105.886 5.409
201906 4.325 106.742 5.412
201909 4.555 107.214 5.674
201912 4.608 107.766 5.711
202003 4.622 106.563 5.793
202006 4.592 107.498 5.705
202009 4.728 107.635 5.867
202012 4.394 108.296 5.419
202103 4.678 108.360 5.766
202106 4.917 108.928 6.029
202109 5.414 110.338 6.553
202112 5.583 112.486 6.629
202203 5.652 114.825 6.574
202206 5.874 118.384 6.627
202209 5.901 122.296 6.444
202212 6.038 126.365 6.382
202303 6.097 127.042 6.410
202306 6.264 129.407 6.465
202309 6.156 130.224 6.314
202312 6.537 131.912 6.619
202403 7.045 132.205 7.117
202406 6.927 132.716 6.971
202409 7.829 132.304 7.903
202412 7.811 132.987 7.845
202503 7.925 132.825 7.969
202506 8.043 133.699 8.035
202509 8.149 133.480 8.154
202512 8.022 133.390 8.032
202603 8.413 133.560 8.413

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?
BTS Group AB (BGPBF) has a Cyclically Adjusted PB Ratio of 2.57 as of Jul. 17, 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 BTS Group AB and its competitors. This is 60% below median its historical median of 6.49. Over the past decade, BTS Group AB's Cyclically Adjusted PB Ratio has ranged from 1.97 to 13.93. According to the industry distribution chart, BTS Group AB ranks #539 out of 730 companies in the Business Services industry, placing it in the top 73.8%.
Is BTS Group AB's Cyclically Adjusted PB Ratio too high?
BTS Group AB's current Cyclically Adjusted PB Ratio of 2.57 is 60% below median its 10-year median of 6.49. Over the past 10 years, this metric has ranged from a low of 1.97 to a high of 13.93. The Business Services industry median Cyclically Adjusted PB Ratio is 1.57. BTS Group AB's value of 2.57 is 63.7% above this industry median. Based on the distribution chart, BTS Group AB ranks #539 out of 730 companies in the Business Services industry, which is below the industry midpoint. Overall, BTS Group AB has a GF Score™ of 97/100, reflecting its overall financial health beyond just this single metric.
How does BTS Group AB's Cyclically Adjusted PB Ratio compare to VRSK and EFX?
According to the Business Services industry distribution chart, BTS Group AB ranks #539 out of 730 companies for Cyclically Adjusted PB Ratio. This places BTS Group AB in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.57. BTS Group AB's value of 2.57 is 63.7% above this benchmark. Historically, BTS Group AB's own Cyclically Adjusted PB Ratio has ranged from 1.97 to 13.93 over the past decade. While the company's 10-year median is 6.49 vs. the industry median of 1.57, BTS Group 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 Business Services company?
The median Cyclically Adjusted PB Ratio among Business Services companies is 1.57, based on 730 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. BTS Group AB's current Cyclically Adjusted PB Ratio of 2.57 is 63.7% 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 BTS Group AB and its competitors. For the Business Services industry, the median Cyclically Adjusted PB Ratio is 1.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BTS Group AB's current Cyclically Adjusted PB Ratio is 2.57, which is 60% below median its own 10-year median of 6.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BTS Group AB stock overvalued right now?
BTS Group AB (BGPBF) has a current Cyclically Adjusted PB Ratio of 2.57. The stock's GF Value™ is $33.93, compared to a current price of $23.35 — trading 31.2% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.57, which is 60% below median its 10-year median of 6.49 and 63.7% above the Business Services industry median of 1.57. BTS Group AB's overall GF Score™ is 97/100 with 6 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 BTS Group AB (BGPBF), the current Cyclically Adjusted PB Ratio is 2.57 as of Jul. 17, 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 BTS Group AB (BGPBF) Overvalued in 2026?

Based on GuruFocus' analysis, BTS Group AB stock appears to be undervalued. The current stock price of $23.35 is trading 31.2% below its estimated GF Value™ of $33.93.

Key valuation signals for BGPBF:

  • Cyclically Adjusted PB Ratio: 2.57 (60% below median its 10-year median of 6.49)
  • GF Value™: $33.93 vs. price of $23.35 (31.2% below fair value)
  • GF Score™: 97/100 with 6 warning signs
  • Industry Position: 63.7% above the Business Services median (#539 of 730)

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


BTS Group AB Business Description

Address Grevgatan 34, Stockholm, SWE, SE-114 53
BTS Group AB is a professional services firm. The group helps companies and leaders at all levels to help them make decisions, go from decision to action, and deliver desired results. Its services include Strategy execution & business transformation, Leadership readiness & development, Go to market, Talent acquisition & succession, leadership development, business acumen, development of sales organizations, coaching, and digital services. It operates globally and has customers such as Salesforce, SAP, Abbott, Tetra Pak, EY, Vale, and BHP. The company's geographical segments include North America, Europe, Other Markets, and Advantage Performance Group (APG).
97GF Score

Get the complete analysis for BGPBF

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

$23.35
Price
$33.93
GF Value