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cBrain ASCHIX:CBRAIC 87 Cyclically Adjusted PB Ratio is 5.61 as of Jul. 30, 2026, which is 79% below its 10-year median of 26.83. GuruFocus rates CHIX:CBRAIC with a GF Score™ of 87/100 and a GF Value™ of kr299.04. The stock has 2 warning signs investors should review. Among 1,577 Software companies, cBrain AS ranks worse than 79.58% on this metric.
The historical rank and industry rank for cBrain AS's Cyclically Adjusted PB Ratio or its related term are showing as below:
CHIX:CBRAIc'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 5.53 Med: 26.83 Max: 132.69
Current: 5.67
During the past 13 years, cBrain AS's highest Cyclically Adjusted PB Ratio was 132.69. The lowest was 5.53. And the median was 26.83.
CHIX:CBRAIc's Cyclically Adjusted PB Ratio is ranked worse than 79.58% of 1577
companies
in the Software industry
Industry Median: 2.23
vs CHIX:CBRAIc: 5.67
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.
cBrain AS's adjusted book value per share data of for the fiscal year that ended in Dec25 was kr16.275. 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 kr12.06 for the trailing ten years ended in Dec25.
Shiller PE for Stocks: The True Measure of Stock Valuation
cBrain AS (CHIX:CBRAIc) 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.
cBrain AS Cyclically Adjusted PB Ratio Related Terms
cBrain AS Cyclically Adjusted PB Ratio Historical Data
* Premium members only.
The historical data trend for cBrain AS'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.
CHIX:CBRAIC vs QH, SHOP, UBER: Cyclically Adjusted PB Ratio Comparison
For the Software - Application subindustry, cBrain AS'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.
cBrain AS Cyclically Adjusted PB Ratio vs Software Industry
For the Software industry and Technology sector, cBrain AS's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where cBrain AS's Cyclically Adjusted PB Ratio falls into.
cBrain AS 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.
cBrain AS's Cyclically Adjusted PB Ratio for today is calculated as
* 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.
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 5.61 mean?
cBrain AS (CHIX:CBRAIC) has a Cyclically Adjusted PB Ratio of 5.61 as of Jul. 30, 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 cBrain AS and its competitors. This is 79% below median its historical median of 26.83. Over the past decade, cBrain AS's Cyclically Adjusted PB Ratio has ranged from 5.53 to 132.69. According to the industry distribution chart, cBrain AS ranks #1255 out of 1577 companies in the Software industry, placing it in the top 79.6%.
Is cBrain AS's Cyclically Adjusted PB Ratio too high?
cBrain AS's current Cyclically Adjusted PB Ratio of 5.61 is 79% below median its 10-year median of 26.83. Over the past 10 years, this metric has ranged from a low of 5.53 to a high of 132.69. The Software industry median Cyclically Adjusted PB Ratio is 2.23. cBrain AS's value of 5.61 is 151.6% above this industry median. Based on the distribution chart, cBrain AS ranks #1255 out of 1577 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, cBrain AS has a GF Score™ of 87/100, reflecting its overall financial health beyond just this single metric.
How does cBrain AS's Cyclically Adjusted PB Ratio compare to QH and SHOP?
According to the Software industry distribution chart, cBrain AS ranks #1255 out of 1577 companies for Cyclically Adjusted PB Ratio. This places cBrain AS in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.23. cBrain AS's value of 5.61 is 151.6% above this benchmark. Historically, cBrain AS's own Cyclically Adjusted PB Ratio has ranged from 5.53 to 132.69 over the past decade. While the company's 10-year median is 26.83 vs. the industry median of 2.23, cBrain AS 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 Software company?
The median Cyclically Adjusted PB Ratio among Software companies is 2.23, based on 1,577 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. cBrain AS's current Cyclically Adjusted PB Ratio of 5.61 is 151.6% 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 cBrain AS and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. cBrain AS's current Cyclically Adjusted PB Ratio is 5.61, which is 79% below median its own 10-year median of 26.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is cBrain AS stock overvalued right now?
cBrain AS (CHIX:CBRAIC) has a current Cyclically Adjusted PB Ratio of 5.61. The stock's GF Value™ is kr299.04, compared to a current price of kr67.70 — trading 77.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 5.61, which is 79% below median its 10-year median of 26.83 and 151.6% above the Software industry median of 2.23. cBrain AS's overall GF Score™ is 87/100 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 cBrain AS (CHIX:CBRAIC), the current Cyclically Adjusted PB Ratio is 5.61 as of Jul. 30, 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 cBrain AS (CHIX:CBRAIC) Overvalued in 2026?
Based on GuruFocus' analysis, cBrain AS stock appears to be undervalued.
The current stock price of kr67.70 is trading 77.4% below its estimated GF Value™ of kr299.04.
Key valuation signals for CHIX:CBRAIC:
Cyclically Adjusted PB Ratio: 5.61 (79% below median its 10-year median of 26.83)
GF Value™: kr299.04 vs. price of kr67.70 (77.4% below fair value)
Industry Position: 151.6% above the Software median (#1255 of 1577)
No single metric tells the full story. See the CHIX:CBRAIC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
cBrain AS is a software engineering company headquartered in Denmark. The company is created from the collective ambition of IT industry pioneers and technology innovators to help governments transform and thereby contribute to creating efficient, accountable and transparent public institutions. The company has developed a Commercial Of-The-Shelf (COTS) software platform named F2, built for government organizations focused on fast-tracking digital transformation at scale.
87GF Score
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