Fagerhult Group AB (CHIX:FAGS) Cyclically Adjusted PB Ratio: (As of Sep. 20, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

CHIX:FAGS Fagerhult Group AB CHIX:FAGS
60 GF Score
Price kr17.70
GF Value kr47.37
! 4 Warning Signs
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What is Fagerhult Group AB Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Fagerhult Group AB  (CHIX:FAGs) 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.


Fagerhult Group AB Cyclically Adjusted PB Ratio Related Terms


Fagerhult Group AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Fagerhult Group 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.

Fagerhult Group AB Cyclically Adjusted PB Ratio Chart

Fagerhult Group 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 3.19 1.70 2.22 2.15 1.16

Fagerhult Group AB 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 1.23 1.20 1.18 0.83 0.50

CHIX:FAGS vs VRT, BE, HUBB: Cyclically Adjusted PB Ratio Comparison

For the Electrical Equipment & Parts subindustry, Fagerhult Group 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.


Fagerhult Group AB Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Fagerhult Group AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


CHIX:FAGS
60GF Score
Fagerhult Group AB CHIX:FAGS
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Fagerhult Group 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.

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

For example, Fagerhult Group AB'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)
=40.131/134.6100*134.6100
=40.131

Current CPI (Jun. 2026) = 134.6100.

Fagerhult Group AB Quarterly Data

Book Value per Share CPI Adj_Book
201609 12.015 101.138 15.991
201612 12.463 102.022 16.444
201703 13.481 102.022 17.787
201706 12.729 102.752 16.676
201709 13.473 103.279 17.560
201712 14.396 103.793 18.670
201803 15.466 103.962 20.025
201806 14.621 104.875 18.767
201809 14.924 105.679 19.010
201812 16.212 105.912 20.605
201903 21.755 105.886 27.656
201906 29.568 106.742 37.288
201909 31.357 107.214 39.370
201912 31.233 107.766 39.013
202003 32.256 106.563 40.746
202006 31.216 107.498 39.089
202009 31.136 107.635 38.939
202012 32.942 108.296 40.946
202103 34.371 108.360 42.698
202106 34.242 108.928 42.315
202109 34.375 110.338 41.937
202112 35.304 112.486 42.248
202203 36.256 114.825 42.503
202206 36.564 118.384 41.576
202209 37.934 122.296 41.754
202212 39.498 126.365 42.075
202303 40.672 127.042 43.095
202306 40.854 129.407 42.497
202309 41.164 130.224 42.551
202312 40.785 131.912 41.619
202403 42.710 132.205 43.487
202406 41.265 132.716 41.854
202409 41.428 132.304 42.150
202412 42.300 132.987 42.816
202503 40.857 132.825 41.406
202506 40.111 133.699 40.384
202509 40.221 133.480 40.561
202512 40.208 133.380 40.579
202603 40.593 133.550 40.915
202606 40.131 134.610 40.131

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.

Is Fagerhult Group AB (CHIX:FAGS) Overvalued in 2026?

Based on GuruFocus' analysis, Fagerhult Group AB stock appears to be undervalued. The current stock price of kr17.70 is trading 62.6% below its estimated GF Value™ of kr47.37.

Key valuation signals for CHIX:FAGS:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: kr47.37 vs. price of kr17.70 (62.6% below fair value)
  • GF Score™: 60/100 with 4 warning signs

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


Fagerhult Group AB Business Description

Address Avagen 1, Habo, SWE, SE-566 80
Fagerhult Group AB is a Swedish-based company that develops, manufactures, and markets professional lighting solutions. The company segments its brands in four business areas with similar focuses on customers and geographical coverage: Collection, Premium, Professional, and Infrastructure. The company's main market includes Europe, but also present in North America, Africa, Asia, and Australia. The brands of the company consist of atelje Lyktan, iGuzzini, LED Linear, Fagerhult, LTS, Arlight, Eagle Lighting, Whitecroft, Designplan, I-Valo and Veko.
60GF Score

Get the complete analysis for CHIX:FAGS

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

kr17.70
Price
kr47.37
GF Value