BRRDF (Borregaard ASA) Cyclically Adjusted PB Ratio: 3.20 (As of Jul. 19, 2026) — 35% Below Median

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BRRDF Borregaard ASA BRRDF
80 GF Score
Price $14.15
GF Value $18.11
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Borregaard ASA Cyclically Adjusted PB Ratio?

Borregaard ASA BRRDF +0.71% 80 Cyclically Adjusted PB Ratio is 3.20 as of Jul. 19, 2026, which is 35% below its 10-year median of 4.92. GuruFocus rates BRRDF with a GF Score™ of 80/100 and a GF Value™ of $18.11 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,278 Chemicals companies, Borregaard ASA ranks worse than 74.96% on this metric.

As of today (2026-07-19), Borregaard ASA's current share price is $14.15. Borregaard ASA's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $4.42. Borregaard ASA's Cyclically Adjusted PB Ratio for today is 3.20.

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

BRRDF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.06   Med: 4.92   Max: 8.21
Current: 3.44

During the past years, Borregaard ASA's highest Cyclically Adjusted PB Ratio was 8.21. The lowest was 3.06. And the median was 4.92.

BRRDF's Cyclically Adjusted PB Ratio is ranked worse than
74.96% of 1278 companies
in the Chemicals industry
Industry Median: 1.665 vs BRRDF: 3.44

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.

Borregaard ASA's adjusted book value per share data for the three months ended in Jun. 2026 was $5.853. 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 $4.42 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Borregaard ASA  (OTCPK:BRRDF) 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.


Borregaard ASA Cyclically Adjusted PB Ratio Related Terms


Borregaard ASA Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Borregaard ASA'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.

Borregaard ASA Cyclically Adjusted PB Ratio Chart

Borregaard ASA 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 7.41 4.57 4.64 4.55 4.50

Borregaard ASA 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 4.68 4.47 4.50 3.82 3.20

BRRDF vs LIN, SHW, ECL: Cyclically Adjusted PB Ratio Comparison

For the Specialty Chemicals subindustry, Borregaard ASA'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.


Borregaard ASA Cyclically Adjusted PB Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Borregaard ASA's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BRRDF
80GF Score
Borregaard ASA BRRDF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Borregaard ASA 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.

Borregaard ASA's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=14.15/4.42
=3.20

* 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.

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

For example, Borregaard ASA'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)
=5.853/141.8500*141.8500
=5.853

Current CPI (Jun. 2026) = 141.8500.

Borregaard ASA Quarterly Data

Book Value per Share CPI Adj_Book
201609 3.278 104.200 4.462
201612 3.140 104.400 4.266
201703 3.317 105.000 4.481
201706 3.138 105.800 4.207
201709 3.747 105.900 5.019
201712 3.490 106.100 4.666
201803 3.997 107.300 5.284
201806 3.689 108.500 4.823
201809 3.788 109.500 4.907
201812 3.637 109.800 4.699
201903 3.846 110.400 4.942
201906 3.708 110.600 4.756
201909 3.505 111.100 4.475
201912 3.677 111.300 4.686
202003 2.590 111.200 3.304
202006 3.082 112.100 3.900
202009 3.410 112.900 4.284
202012 4.229 112.900 5.313
202103 4.634 114.600 5.736
202106 4.621 115.300 5.685
202109 4.666 117.500 5.633
202112 4.721 118.900 5.632
202203 5.222 119.800 6.183
202206 4.010 122.600 4.640
202209 3.825 125.600 4.320
202212 4.467 125.900 5.033
202303 4.055 127.600 4.508
202306 3.791 130.400 4.124
202309 4.225 129.800 4.617
202312 4.622 131.900 4.971
202403 4.568 132.600 4.887
202406 4.634 133.800 4.913
202409 4.816 133.700 5.110
202412 4.513 134.800 4.749
202503 5.384 136.100 5.611
202506 5.630 137.800 5.795
202509 5.961 138.500 6.105
202512 5.807 139.100 5.922
202603 6.535 141.030 6.573
202606 5.853 141.850 5.853

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 3.20 mean?
Borregaard ASA (BRRDF) has a Cyclically Adjusted PB Ratio of 3.20 as of Jul. 19, 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 Borregaard ASA and its competitors. This is 35% below median its historical median of 4.92. Over the past decade, Borregaard ASA's Cyclically Adjusted PB Ratio has ranged from 3.06 to 8.21. According to the industry distribution chart, Borregaard ASA ranks #958 out of 1278 companies in the Chemicals industry, placing it in the top 75%.
Is Borregaard ASA's Cyclically Adjusted PB Ratio too high?
Borregaard ASA's current Cyclically Adjusted PB Ratio of 3.20 is 35% below median its 10-year median of 4.92. Over the past 10 years, this metric has ranged from a low of 3.06 to a high of 8.21. The Chemicals industry median Cyclically Adjusted PB Ratio is 1.67. Borregaard ASA's value of 3.20 is 92.2% above this industry median. Based on the distribution chart, Borregaard ASA ranks #958 out of 1278 companies in the Chemicals industry, which is below the industry midpoint. Overall, Borregaard ASA has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Borregaard ASA's Cyclically Adjusted PB Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Borregaard ASA ranks #958 out of 1278 companies for Cyclically Adjusted PB Ratio. This places Borregaard ASA in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.67. Borregaard ASA's value of 3.20 is 92.2% above this benchmark. Historically, Borregaard ASA's own Cyclically Adjusted PB Ratio has ranged from 3.06 to 8.21 over the past decade. While the company's 10-year median is 4.92 vs. the industry median of 1.67, Borregaard ASA 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 Chemicals company?
The median Cyclically Adjusted PB Ratio among Chemicals companies is 1.67, based on 1,278 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. Borregaard ASA's current Cyclically Adjusted PB Ratio of 3.20 is 92.2% 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 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 Borregaard ASA and its competitors. For the Chemicals industry, the median Cyclically Adjusted PB Ratio is 1.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Borregaard ASA's current Cyclically Adjusted PB Ratio is 3.20, which is 35% below median its own 10-year median of 4.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Borregaard ASA stock overvalued right now?
Based on GuruFocus' analysis, Borregaard ASA (BRRDF) is currently considered Modestly Undervalued. The stock's GF Value™ is $18.11, compared to a current price of $14.15 — trading 21.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.20, which is 35% below median its 10-year median of 4.92 and 92.2% above the Chemicals industry median of 1.67. Borregaard ASA's overall GF Score™ is 80/100 with 4 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 Borregaard ASA (BRRDF), the current Cyclically Adjusted PB Ratio is 3.20 as of Jul. 19, 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 Borregaard ASA (BRRDF) Overvalued in 2026?

Based on GuruFocus' analysis, Borregaard ASA stock appears to be undervalued. The current stock price of $14.15 is trading 21.9% below its estimated GF Value™ of $18.11. GuruFocus considers Borregaard ASA to be Modestly Undervalued.

Key valuation signals for BRRDF:

  • Cyclically Adjusted PB Ratio: 3.20 (35% below median its 10-year median of 4.92)
  • GF Value™: $18.11 vs. price of $14.15 (21.9% below fair value)
  • GF Score™: 80/100 with 4 warning signs
  • Industry Position: 92.2% above the Chemicals median (#958 of 1278)

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


Borregaard ASA Business Description

Address Hjalmar Wessels vei 6, P.O Box 162, Sarpsborg, NOR, 1701
Borregaard ASA makes and sells biochemicals and biomaterials designed to replace oil-based products. The company has three operating segments; BioSolutions segment develops, produces and sells biopolymers and bio vanillin from lignin used in Industries such as agrochemicals, batteries, industrial binders and construction. Bio vanillin is supplied to flavour and fragrance companies, as well as to the food and beverage industry, Biomaterials segment develops, produces and sells speciality cellulose mainly for use as a raw material in the production of cellulose ethers, cellulose acetate and other speciality products. It also includes cellulose fibrils for industrial applications, and the Fine Chemicals segment consists of fine chemical intermediates for contrast agents and bioethanol.
80GF Score

Get the complete analysis for BRRDF

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

$14.15
Price
$18.11
GF Value