Bure Equity AB (CHIX:BURES) Cyclically Adjusted PB Ratio: 1.28 (As of Jul. 15, 2026) — 32% Below Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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CHIX:BURES Bure Equity AB CHIX:BURES
84 GF Score
Price kr266.30
GF Value kr291.86
Valuation Fairly Valued
! 2 Warning Signs
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What is Bure Equity AB Cyclically Adjusted PB Ratio?

Bure Equity AB CHIX:BURES 84 Cyclically Adjusted PB Ratio is 1.28 as of Jul. 15, 2026, which is 32% below its 10-year median of 1.87. GuruFocus rates CHIX:BURES with a GF Score™ of 84/100 and a GF Value™ of kr291.86 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,000 Asset Management companies, Bure Equity AB ranks worse than 64.6% on this metric.

As of today (2026-07-15), Bure Equity AB's current share price is kr266.30. Bure Equity AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was kr208.51. Bure Equity AB's Cyclically Adjusted PB Ratio for today is 1.28.

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

CHIX:BUREs' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.84   Med: 1.87   Max: 4.39
Current: 1.09

During the past years, Bure Equity AB's highest Cyclically Adjusted PB Ratio was 4.39. The lowest was 0.84. And the median was 1.87.

CHIX:BUREs's Cyclically Adjusted PB Ratio is ranked worse than
64.6% of 1000 companies
in the Asset Management industry
Industry Median: 0.85 vs CHIX:BUREs: 1.09

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.

Bure Equity AB's adjusted book value per share data for the three months ended in Mar. 2026 was kr243.130. 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 kr208.51 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bure Equity AB  (CHIX:BUREs) 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.


Bure Equity AB Cyclically Adjusted PB Ratio Related Terms


Bure Equity AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Bure Equity 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.

Bure Equity AB Cyclically Adjusted PB Ratio Chart

Bure Equity 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 3.55 1.58 1.56 1.80 1.07

Bure Equity 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 1.49 1.27 1.22 1.07 0.93

CHIX:BURES vs BLK, BX, KKR: Cyclically Adjusted PB Ratio Comparison

For the Asset Management subindustry, Bure Equity 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.


Bure Equity AB Cyclically Adjusted PB Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Bure Equity AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


CHIX:BURES
84GF Score
Bure Equity AB CHIX:BURES
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bure Equity 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=266.30/208.51
=1.28

* 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.

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

For example, Bure Equity 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)
=243.13/133.5600*133.5600
=243.130

Current CPI (Mar. 2026) = 133.5600.

Bure Equity AB Quarterly Data

Book Value per Share CPI Adj_Book
201606 90.739 101.019 119.968
201609 116.949 101.138 154.440
201612 102.409 102.022 134.067
201703 102.611 102.022 134.332
201706 104.928 102.752 136.388
201709 127.266 103.279 164.580
201712 112.508 103.793 144.775
201803 119.800 103.962 153.907
201806 126.865 104.875 161.565
201809 125.143 105.679 158.159
201812 137.173 105.912 172.982
201903 165.063 105.886 208.203
201906 153.717 106.742 192.338
201909 159.102 107.214 198.199
201912 196.509 107.766 243.544
202003 146.413 106.563 183.506
202006 195.315 107.498 242.668
202009 229.195 107.635 284.399
202012 239.241 108.296 295.054
202103 235.659 108.360 290.465
202106 286.712 108.928 351.548
202109 305.623 110.338 369.944
202112 322.913 112.486 383.410
202203 233.590 114.825 271.702
202206 196.448 118.384 221.632
202209 163.513 122.296 178.573
202212 196.030 126.365 207.191
202303 228.627 127.042 240.357
202306 236.220 129.407 243.802
202309 217.703 130.224 223.281
202312 257.826 131.912 261.047
202403 298.205 132.205 301.260
202406 319.514 132.716 321.546
202409 350.183 132.304 353.507
202412 332.879 132.987 334.313
202503 297.355 132.825 299.002
202506 277.800 133.699 277.511
202509 274.749 133.480 274.914
202512 267.040 133.390 267.380
202603 243.130 133.560 243.130

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 1.28 mean?
Bure Equity AB (CHIX:BURES) has a Cyclically Adjusted PB Ratio of 1.28 as of Jul. 15, 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 Bure Equity AB and its competitors. This is 32% below median its historical median of 1.87. Over the past decade, Bure Equity AB's Cyclically Adjusted PB Ratio has ranged from 0.84 to 4.39. According to the industry distribution chart, Bure Equity AB ranks #646 out of 1000 companies in the Asset Management industry, placing it in the top 64.6%.
Is Bure Equity AB's Cyclically Adjusted PB Ratio too high?
Bure Equity AB's current Cyclically Adjusted PB Ratio of 1.28 is 32% below median its 10-year median of 1.87. Over the past 10 years, this metric has ranged from a low of 0.84 to a high of 4.39. The Asset Management industry median Cyclically Adjusted PB Ratio is 0.85. Bure Equity AB's value of 1.28 is 50.6% above this industry median. Based on the distribution chart, Bure Equity AB ranks #646 out of 1000 companies in the Asset Management industry, which is below the industry midpoint. Overall, Bure Equity AB has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Bure Equity AB's Cyclically Adjusted PB Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Bure Equity AB ranks #646 out of 1000 companies for Cyclically Adjusted PB Ratio. This places Bure Equity AB in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.85. Bure Equity AB's value of 1.28 is 50.6% above this benchmark. Historically, Bure Equity AB's own Cyclically Adjusted PB Ratio has ranged from 0.84 to 4.39 over the past decade. While the company's 10-year median is 1.87 vs. the industry median of 0.85, Bure Equity 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 Asset Management company?
The median Cyclically Adjusted PB Ratio among Asset Management companies is 0.85, based on 1,000 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. Bure Equity AB's current Cyclically Adjusted PB Ratio of 1.28 is 50.6% 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 Bure Equity AB and its competitors. For the Asset Management industry, the median Cyclically Adjusted PB Ratio is 0.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bure Equity AB's current Cyclically Adjusted PB Ratio is 1.28, which is 32% below median its own 10-year median of 1.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bure Equity AB stock overvalued right now?
Based on GuruFocus' analysis, Bure Equity AB (CHIX:BURES) is currently considered Fairly Valued. The stock's GF Value™ is kr291.86, compared to a current price of kr266.30 — trading 8.8% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.28, which is 32% below median its 10-year median of 1.87 and 50.6% above the Asset Management industry median of 0.85. Bure Equity AB's overall GF Score™ is 84/100 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 Bure Equity AB (CHIX:BURES), the current Cyclically Adjusted PB Ratio is 1.28 as of Jul. 15, 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 Bure Equity AB (CHIX:BURES) Overvalued in 2026?

Based on GuruFocus' analysis, Bure Equity AB stock appears to be undervalued. The current stock price of kr266.30 is trading 8.8% below its estimated GF Value™ of kr291.86. GuruFocus considers Bure Equity AB to be Fairly Valued.

Key valuation signals for CHIX:BURES:

  • Cyclically Adjusted PB Ratio: 1.28 (32% below median its 10-year median of 1.87)
  • GF Value™: kr291.86 vs. price of kr266.30 (8.8% below fair value)
  • GF Score™: 84/100 with 2 warning signs
  • Industry Position: 50.6% above the Asset Management median (#646 of 1000)

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


Bure Equity AB Business Description

Other Exchanges BURE:Sweden0N7D:UK
Address Nybrogatan 6, Stockholm, SWE, 114 34
Bure Equity AB is a Sweden-based investment company. It is focused on long-term and active ownership, creating successful, profitable companies and a good long-term return for shareholders. Bure's portfolio is well diversified and comprises companies in different industries such as technology, medtech, industry, finance, consultancy, and others in their different phases of development. The company's investment portfolio includes both listed and unlisted companies.
84GF Score

Get the complete analysis for CHIX:BURES

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

kr266.30
Price
kr291.86
GF Value