Clas Ohlson AB (CHIX:CLASBS) Cyclically Adjusted PB Ratio: 11.36 (As of Jul. 13, 2026) — 261% Above Median


CHIX:CLASBS Clas Ohlson AB CHIX:CLASBS
79 GF Score
Price kr433.10
GF Value kr244.88
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Clas Ohlson AB Cyclically Adjusted PB Ratio?

Clas Ohlson AB CHIX:CLASBS 79 Cyclically Adjusted PB Ratio is 11.36 as of Jul. 13, 2026, which is 261% above its 10-year median of 3.15. GuruFocus rates CHIX:CLASBS with a GF Score™ of 79/100 and a GF Value™ of kr244.88 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 809 Retail - Cyclical companies, Clas Ohlson AB ranks worse than 94.07% on this metric.

As of today (2026-07-13), Clas Ohlson AB's current share price is kr433.10. Clas Ohlson AB's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 was kr38.14. Clas Ohlson AB's Cyclically Adjusted PB Ratio for today is 11.36.

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

CHIX:CLASBs' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.75   Med: 3.15   Max: 11.76
Current: 10.73

During the past years, Clas Ohlson AB's highest Cyclically Adjusted PB Ratio was 11.76. The lowest was 1.75. And the median was 3.15.

CHIX:CLASBs's Cyclically Adjusted PB Ratio is ranked worse than
94.07% of 809 companies
in the Retail - Cyclical industry
Industry Median: 1.25 vs CHIX:CLASBs: 10.73

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.

Clas Ohlson AB's adjusted book value per share data for the three months ended in Apr. 2026 was kr49.619. 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 kr38.14 for the trailing ten years ended in Apr. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Clas Ohlson AB  (CHIX:CLASBs) 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.


Clas Ohlson AB Cyclically Adjusted PB Ratio Related Terms


Clas Ohlson AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Clas Ohlson 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.

Clas Ohlson AB Cyclically Adjusted PB Ratio Chart

Clas Ohlson AB Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.14 2.01 3.47 7.24 10.56

Clas Ohlson AB Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 7.24 8.97 9.16 8.07 10.56

CHIX:CLASBS vs CASY, WSM, DKS: Cyclically Adjusted PB Ratio Comparison

For the Specialty Retail subindustry, Clas Ohlson 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.


Clas Ohlson AB Cyclically Adjusted PB Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Clas Ohlson AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


CHIX:CLASBS
79GF Score
Clas Ohlson AB CHIX:CLASBS
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Clas Ohlson 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.

Clas Ohlson AB's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=433.10/38.14
=11.36

* 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.

Clas Ohlson AB's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 is calculated as:

For example, Clas Ohlson AB's adjusted Book Value per Share data for the three months ended in Apr. 2026 was:

Adj_Book=Book Value per Share/CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=49.619/132.7900*132.7900
=49.619

Current CPI (Apr. 2026) = 132.7900.

Clas Ohlson AB Quarterly Data

Book Value per Share CPI Adj_Book
201607 34.422 101.080 45.221
201610 30.513 101.485 39.925
201701 35.224 101.326 46.162
201704 35.678 102.615 46.169
201707 36.357 103.301 46.736
201710 32.061 103.202 41.253
201801 36.155 102.925 46.646
201804 35.817 104.390 45.561
201807 36.274 105.420 45.692
201810 30.457 105.545 38.319
201901 31.393 104.855 39.756
201904 30.699 106.627 38.232
201907 28.818 107.166 35.709
201910 24.165 107.243 29.922
202001 28.483 106.215 35.609
202004 27.737 106.240 34.669
202007 28.716 107.731 35.396
202010 30.504 107.539 37.666
202101 34.920 107.897 42.976
202104 34.566 108.624 42.256
202107 36.553 109.218 44.442
202110 32.039 110.562 38.480
202201 36.858 111.876 43.748
202204 35.065 115.534 40.302
202207 34.230 118.489 38.361
202210 21.442 122.561 23.232
202301 23.715 124.942 25.205
202304 22.686 127.632 23.603
202307 21.914 129.464 22.477
202310 23.513 130.549 23.917
202401 28.079 131.720 28.307
202404 29.189 132.601 29.231
202407 31.357 132.831 31.347
202410 30.694 132.604 30.737
202501 37.478 132.943 37.435
202504 37.826 132.981 37.772
202507 41.349 133.957 40.989
202510 39.275 133.830 38.970
202601 47.080 133.560 46.809
202604 49.619 132.790 49.619

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 11.36 mean?
Clas Ohlson AB (CHIX:CLASBS) has a Cyclically Adjusted PB Ratio of 11.36 as of Jul. 13, 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 Clas Ohlson AB and its competitors. This is 261% above median its historical median of 3.15. Over the past decade, Clas Ohlson AB's Cyclically Adjusted PB Ratio has ranged from 1.75 to 11.76. According to the industry distribution chart, Clas Ohlson AB ranks #761 out of 809 companies in the Retail - Cyclical industry, placing it in the top 94.1%.
Is Clas Ohlson AB's Cyclically Adjusted PB Ratio too high?
Clas Ohlson AB's current Cyclically Adjusted PB Ratio of 11.36 is 261% above median its 10-year median of 3.15. Over the past 10 years, this metric has ranged from a low of 1.75 to a high of 11.76. The Retail - Cyclical industry median Cyclically Adjusted PB Ratio is 1.25. Clas Ohlson AB's value of 11.36 is 808.8% above this industry median. Based on the distribution chart, Clas Ohlson AB ranks #761 out of 809 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Clas Ohlson AB has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Clas Ohlson AB's Cyclically Adjusted PB Ratio compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Clas Ohlson AB ranks #761 out of 809 companies for Cyclically Adjusted PB Ratio. This places Clas Ohlson AB in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.25. Clas Ohlson AB's value of 11.36 is 808.8% above this benchmark. Historically, Clas Ohlson AB's own Cyclically Adjusted PB Ratio has ranged from 1.75 to 11.76 over the past decade. While the company's 10-year median is 3.15 vs. the industry median of 1.25, Clas Ohlson 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 Retail - Cyclical company?
The median Cyclically Adjusted PB Ratio among Retail - Cyclical companies is 1.25, based on 809 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. Clas Ohlson AB's current Cyclically Adjusted PB Ratio of 11.36 is 808.8% 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 Clas Ohlson AB and its competitors. For the Retail - Cyclical industry, the median Cyclically Adjusted PB Ratio is 1.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Clas Ohlson AB's current Cyclically Adjusted PB Ratio is 11.36, which is 261% above median its own 10-year median of 3.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Clas Ohlson AB stock overvalued right now?
Based on GuruFocus' analysis, Clas Ohlson AB (CHIX:CLASBS) is currently considered Significantly Overvalued. The stock's GF Value™ is kr244.88, compared to a current price of kr433.10 — trading 76.9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 11.36, which is 261% above median its 10-year median of 3.15 and 808.8% above the Retail - Cyclical industry median of 1.25. Clas Ohlson AB's overall GF Score™ is 79/100 with 3 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 Clas Ohlson AB (CHIX:CLASBS), the current Cyclically Adjusted PB Ratio is 11.36 as of Jul. 13, 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 Clas Ohlson AB (CHIX:CLASBS) Overvalued in 2026?

Based on GuruFocus' analysis, Clas Ohlson AB stock appears to be overvalued. The current stock price of kr433.10 is trading 76.9% above its estimated GF Value™ of kr244.88. GuruFocus considers Clas Ohlson AB to be Significantly Overvalued.

Key valuation signals for CHIX:CLASBS:

  • Cyclically Adjusted PB Ratio: 11.36 (261% above median its 10-year median of 3.15)
  • GF Value™: kr244.88 vs. price of kr433.10 (76.9% above fair value)
  • GF Score™: 79/100 with 3 warning signs
  • Industry Position: 808.8% above the Retail - Cyclical median (#761 of 809)

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


Clas Ohlson AB Business Description

Address Municipality of Leksand, Insjon, SWE, 793 85
Clas Ohlson AB is a Swedish specialty retailer of home and office solutions. The company has five product categories: hardware, electrical, home, multimedia, and leisure items. The hardware category includes home repair tools, with Capere, Cocraft, and Clas Ohlson as proprietary brands. The electrical category consists of energy and electrical solutions, mainly under its own brands: Cotech and Northlight. Multimedia offers technology to connect devices. The home category offers practical items for the kitchen, wardrobe, bathroom, and laundry. Clas Ohlson's main segments by revenue are Sweden, Norway, Finland, and a few other countries outside the Nordics.
79GF Score

Get the complete analysis for CHIX:CLASBS

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

kr433.10
Price
kr244.88
GF Value