Fastighets AB Balder (CHIX:BALDBS) Cyclically Adjusted PB Ratio: 0.83 (As of Jul. 31, 2026) — 67% Below Median

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CHIX:BALDBS Fastighets AB Balder CHIX:BALDBS
73 GF Score
Price kr52.10
GF Value kr65.28
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Fastighets AB Balder Cyclically Adjusted PB Ratio?

Fastighets AB Balder CHIX:BALDBS 73 Cyclically Adjusted PB Ratio is 0.83 as of Jul. 31, 2026, which is 67% below its 10-year median of 2.54. GuruFocus rates CHIX:BALDBS with a GF Score™ of 73/100 and a GF Value™ of kr65.28 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,418 Real Estate companies, Fastighets AB Balder ranks worse than 55.15% on this metric.

As of today (2026-07-31), Fastighets AB Balder's current share price is kr52.10. Fastighets AB Balder's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was kr62.72. Fastighets AB Balder's Cyclically Adjusted PB Ratio for today is 0.83.

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

CHIX:BALDBs' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.78   Med: 2.54   Max: 4.22
Current: 0.78

During the past years, Fastighets AB Balder's highest Cyclically Adjusted PB Ratio was 4.22. The lowest was 0.78. And the median was 2.54.

CHIX:BALDBs's Cyclically Adjusted PB Ratio is ranked worse than
55.15% of 1418 companies
in the Real Estate industry
Industry Median: 0.69 vs CHIX:BALDBs: 0.78

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.

Fastighets AB Balder's adjusted book value per share data for the three months ended in Jun. 2026 was kr78.666. 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 kr62.72 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fastighets AB Balder  (CHIX:BALDBs) 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.


Fastighets AB Balder Cyclically Adjusted PB Ratio Related Terms


Fastighets AB Balder Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Fastighets AB Balder'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.

Fastighets AB Balder Cyclically Adjusted PB Ratio Chart

Fastighets AB Balder 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 3.33 1.09 1.35 1.29 1.04

Fastighets AB Balder 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 1.12 1.05 1.04 0.82 0.81

Fastighets AB Balder Cyclically Adjusted PB Ratio Competitor Comparison

For the Real Estate - Diversified subindustry, Fastighets AB Balder'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.


Fastighets AB Balder Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Fastighets AB Balder's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


CHIX:BALDBS
73GF Score
Fastighets AB Balder CHIX:BALDBS
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fastighets AB Balder 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=52.10/62.72
=0.83

* 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.

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

For example, Fastighets AB Balder'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)
=78.666/134.1100*134.1100
=78.666

Current CPI (Jun. 2026) = 134.1100.

Fastighets AB Balder Quarterly Data

Book Value per Share CPI Adj_Book
201609 23.083 101.138 30.608
201612 25.869 102.022 34.005
201703 27.736 102.022 36.460
201706 29.117 102.752 38.003
201709 27.128 103.279 35.226
201712 28.978 103.793 37.442
201803 30.544 103.962 39.402
201806 32.193 104.875 41.167
201809 35.442 105.679 44.977
201812 37.172 105.912 47.069
201903 38.497 105.886 48.758
201906 40.015 106.742 50.275
201909 41.142 107.214 51.463
201912 45.381 107.766 56.475
202003 46.970 106.563 59.112
202006 47.312 107.498 59.025
202009 48.128 107.635 59.966
202012 52.020 108.296 64.420
202103 55.114 108.360 68.211
202106 56.749 108.928 69.869
202109 62.425 110.338 75.874
202112 69.353 112.486 82.685
202203 74.878 114.825 87.454
202206 77.495 118.384 87.790
202209 78.337 122.296 85.904
202212 78.158 126.365 82.948
202303 77.409 127.042 81.716
202306 77.227 129.407 80.034
202309 75.939 130.224 78.205
202312 71.328 131.912 72.517
202403 71.098 132.205 72.122
202406 71.798 132.716 72.552
202409 71.053 132.304 72.023
202412 74.303 132.987 74.930
202503 75.613 132.825 76.345
202506 76.440 133.699 76.675
202509 78.255 133.480 78.624
202512 79.133 133.390 79.560
202603 81.769 133.560 82.106
202606 78.666 134.110 78.666

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 0.83 mean?
Fastighets AB Balder (CHIX:BALDBS) has a Cyclically Adjusted PB Ratio of 0.83 as of Jul. 31, 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 Fastighets AB Balder and its competitors. This is 67% below median its historical median of 2.54. Over the past decade, Fastighets AB Balder's Cyclically Adjusted PB Ratio has ranged from 0.78 to 4.22. According to the industry distribution chart, Fastighets AB Balder ranks #782 out of 1418 companies in the Real Estate industry, placing it in the top 55.1%.
Is Fastighets AB Balder's Cyclically Adjusted PB Ratio too high?
Fastighets AB Balder's current Cyclically Adjusted PB Ratio of 0.83 is 67% below median its 10-year median of 2.54. Over the past 10 years, this metric has ranged from a low of 0.78 to a high of 4.22. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.69. Fastighets AB Balder's value of 0.83 is 20.3% above this industry median. Based on the distribution chart, Fastighets AB Balder ranks #782 out of 1418 companies in the Real Estate industry, which is below the industry midpoint. Overall, Fastighets AB Balder has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fastighets AB Balder's Cyclically Adjusted PB Ratio compare to competitors?
According to the Real Estate industry distribution chart, Fastighets AB Balder ranks #782 out of 1418 companies for Cyclically Adjusted PB Ratio. This places Fastighets AB Balder in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.69. Fastighets AB Balder's value of 0.83 is 20.3% above this benchmark. Historically, Fastighets AB Balder's own Cyclically Adjusted PB Ratio has ranged from 0.78 to 4.22 over the past decade. While the company's 10-year median is 2.54 vs. the industry median of 0.69, Fastighets AB Balder 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 Real Estate company?
The median Cyclically Adjusted PB Ratio among Real Estate companies is 0.69, based on 1,418 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. Fastighets AB Balder's current Cyclically Adjusted PB Ratio of 0.83 is 20.3% 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 Fastighets AB Balder and its competitors. For the Real Estate industry, the median Cyclically Adjusted PB Ratio is 0.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fastighets AB Balder's current Cyclically Adjusted PB Ratio is 0.83, which is 67% below median its own 10-year median of 2.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fastighets AB Balder stock overvalued right now?
Based on GuruFocus' analysis, Fastighets AB Balder (CHIX:BALDBS) is currently considered Modestly Undervalued. The stock's GF Value™ is kr65.28, compared to a current price of kr52.10 — trading 20.2% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.83, which is 67% below median its 10-year median of 2.54 and 20.3% above the Real Estate industry median of 0.69. Fastighets AB Balder's overall GF Score™ is 73/100 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 Fastighets AB Balder (CHIX:BALDBS), the current Cyclically Adjusted PB Ratio is 0.83 as of Jul. 31, 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 Fastighets AB Balder (CHIX:BALDBS) Overvalued in 2026?

Based on GuruFocus' analysis, Fastighets AB Balder stock appears to be undervalued. The current stock price of kr52.10 is trading 20.2% below its estimated GF Value™ of kr65.28. GuruFocus considers Fastighets AB Balder to be Modestly Undervalued.

Key valuation signals for CHIX:BALDBS:

  • Cyclically Adjusted PB Ratio: 0.83 (67% below median its 10-year median of 2.54)
  • GF Value™: kr65.28 vs. price of kr52.10 (20.2% below fair value)
  • GF Score™: 73/100 with 6 warning signs
  • Industry Position: 20.3% above the Real Estate median (#782 of 1418)

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


Fastighets AB Balder Business Description

Address Parkgatan 49, P.O. Box 53121, Gothenburg, SWE, 400 15
Fastighets AB Balder is engaged in acquiring, developing, and managing residential properties and commercial properties based on local presence and creating customer value by meeting the needs of different customer groups for commercial premises and housing in Sweden, Denmark, Finland, Norway, Germany, and the UK. The company's property portfolio contains a wide variety of commercial space, ranging from office, retail, and warehouse space, out of which Residential properties constitute the majority portion of the company's portfolio. The Group's business segments are; Helsinki, which derives key income, Stockholm, Gothenburg, Copenhagen, South, East, and North. The company generates revenue through income earned on the rents of its properties and on the management of its real estate.
73GF Score

Get the complete analysis for CHIX:BALDBS

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

kr52.10
Price
kr65.28
GF Value