Gronlandsbanken AS (CHIX:GRLAC) Cyclically Adjusted PB Ratio: 1.14 (As of Jul. 16, 2026) — 10% Above Median

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CHIX:GRLAC Gronlandsbanken AS CHIX:GRLAC
53 GF Score
Price kr590.00
GF Value kr367.12
! 9 Warning Signs
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What is Gronlandsbanken AS Cyclically Adjusted PB Ratio?

Gronlandsbanken AS CHIX:GRLAC 53 Cyclically Adjusted PB Ratio is 1.14 as of Jul. 16, 2026, which is 10% above its 10-year median of 1.04. GuruFocus rates CHIX:GRLAC with a GF Score™ of 53/100 and a GF Value™ of kr367.12. The stock has 9 warning signs investors should review. Among 1,298 Banks companies, Gronlandsbanken AS ranks worse than 54.62% on this metric.

As of today (2026-07-16), Gronlandsbanken AS's current share price is kr590.00. Gronlandsbanken AS's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was kr519.71. Gronlandsbanken AS's Cyclically Adjusted PB Ratio for today is 1.14.

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

CHIX:GRLAc' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.83   Med: 1.04   Max: 1.52
Current: 1.34

During the past years, Gronlandsbanken AS's highest Cyclically Adjusted PB Ratio was 1.52. The lowest was 0.83. And the median was 1.04.

CHIX:GRLAc's Cyclically Adjusted PB Ratio is ranked worse than
54.62% of 1298 companies
in the Banks industry
Industry Median: 1.25 vs CHIX:GRLAc: 1.34

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.

Gronlandsbanken AS's adjusted book value per share data for the three months ended in Mar. 2026 was kr844.124. 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 kr519.71 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gronlandsbanken AS  (CHIX:GRLAc) 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.


Gronlandsbanken AS Cyclically Adjusted PB Ratio Related Terms


Gronlandsbanken AS Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Gronlandsbanken 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.

Gronlandsbanken AS Cyclically Adjusted PB Ratio Chart

Gronlandsbanken AS 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 0.99 0.90 0.90 0.96 1.14

Gronlandsbanken AS 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 1.03 1.02 1.14 1.14 1.14

Gronlandsbanken AS Cyclically Adjusted PB Ratio Competitor Comparison

For the Banks - Regional subindustry, Gronlandsbanken 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.


Gronlandsbanken AS Cyclically Adjusted PB Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Gronlandsbanken AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Gronlandsbanken AS's Cyclically Adjusted PB Ratio falls into.


CHIX:GRLAC
53GF Score
Gronlandsbanken AS CHIX:GRLAC
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Gronlandsbanken 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.

Gronlandsbanken AS's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=590.00/519.71
=1.14

* 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.

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

For example, Gronlandsbanken AS'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)
=844.124/330.2130*330.2130
=844.124

Current CPI (Mar. 2026) = 330.2130.

Gronlandsbanken AS Quarterly Data

Book Value per Share CPI Adj_Book
201606 488.748 241.018 669.622
201609 502.366 241.428 687.111
201612 514.561 241.432 703.779
201703 495.648 243.801 671.324
201706 509.481 244.955 686.809
201709 521.205 246.819 697.307
201712 532.477 246.524 713.240
201803 518.437 249.554 686.002
201806 531.924 251.989 697.047
201809 546.765 252.439 715.218
201812 555.088 251.233 729.591
201903 549.341 254.202 713.604
201906 561.661 256.143 724.079
201909 579.655 256.759 745.484
201912 598.709 256.974 769.344
202003 605.887 258.115 775.126
202006 622.298 257.797 797.103
202009 638.362 260.280 809.879
202012 653.843 260.474 828.902
202103 652.304 264.877 813.205
202106 666.897 271.696 810.531
202109 683.511 274.310 822.807
202112 704.395 278.802 834.285
202203 686.935 287.504 788.980
202206 694.043 296.311 773.451
202209 702.447 296.808 781.506
202212 732.551 296.797 815.028
202303 738.746 301.836 808.199
202306 761.613 305.109 824.278
202309 790.471 307.789 848.061
202312 821.735 306.746 884.600
202403 806.852 312.332 853.044
202406 831.782 314.175 874.243
202409 863.041 315.301 903.858
202412 885.346 315.605 926.325
202503 827.268 319.799 854.207
202506 846.819 322.561 866.908
202509 867.499 324.800 881.956
202512 888.347 324.054 905.231
202603 844.124 330.213 844.124

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 1.14 mean?
Gronlandsbanken AS (CHIX:GRLAC) has a Cyclically Adjusted PB Ratio of 1.14 as of Jul. 16, 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 Gronlandsbanken AS and its competitors. This is 10% above median its historical median of 1.04. Over the past decade, Gronlandsbanken AS's Cyclically Adjusted PB Ratio has ranged from 0.83 to 1.52. According to the industry distribution chart, Gronlandsbanken AS ranks #709 out of 1298 companies in the Banks industry, placing it in the top 54.6%.
Is Gronlandsbanken AS's Cyclically Adjusted PB Ratio too high?
Gronlandsbanken AS's current Cyclically Adjusted PB Ratio of 1.14 is 10% above median its 10-year median of 1.04. Over the past 10 years, this metric has ranged from a low of 0.83 to a high of 1.52. The Banks industry median Cyclically Adjusted PB Ratio is 1.25. Gronlandsbanken AS's value of 1.14 is 8.8% below this industry median. Based on the distribution chart, Gronlandsbanken AS ranks #709 out of 1298 companies in the Banks industry, which is below the industry midpoint. Overall, Gronlandsbanken AS has a GF Score™ of 53/100, reflecting its overall financial health beyond just this single metric.
How does Gronlandsbanken AS's Cyclically Adjusted PB Ratio compare to competitors?
According to the Banks industry distribution chart, Gronlandsbanken AS ranks #709 out of 1298 companies for Cyclically Adjusted PB Ratio. This places Gronlandsbanken AS in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.25. Gronlandsbanken AS's value of 1.14 is 8.8% below this benchmark. Historically, Gronlandsbanken AS's own Cyclically Adjusted PB Ratio has ranged from 0.83 to 1.52 over the past decade. While the company's 10-year median is 1.04 vs. the industry median of 1.25, Gronlandsbanken AS has consistently been below 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 Banks company?
The median Cyclically Adjusted PB Ratio among Banks companies is 1.25, based on 1,298 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. Gronlandsbanken AS's current Cyclically Adjusted PB Ratio of 1.14 is 8.8% below 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 Gronlandsbanken AS and its competitors. For the Banks 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. Gronlandsbanken AS's current Cyclically Adjusted PB Ratio is 1.14, which is 10% above median its own 10-year median of 1.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gronlandsbanken AS stock overvalued right now?
Gronlandsbanken AS (CHIX:GRLAC) has a current Cyclically Adjusted PB Ratio of 1.14. The stock's GF Value™ is kr367.12, compared to a current price of kr590.00 — trading 60.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.14, which is 10% above median its 10-year median of 1.04 and 8.8% below the Banks industry median of 1.25. Gronlandsbanken AS's overall GF Score™ is 53/100 with 9 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 Gronlandsbanken AS (CHIX:GRLAC), the current Cyclically Adjusted PB Ratio is 1.14 as of Jul. 16, 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 Gronlandsbanken AS (CHIX:GRLAC) Overvalued in 2026?

Based on GuruFocus' analysis, Gronlandsbanken AS stock appears to be overvalued. The current stock price of kr590.00 is trading 60.7% above its estimated GF Value™ of kr367.12.

Key valuation signals for CHIX:GRLAC:

  • Cyclically Adjusted PB Ratio: 1.14 (10% above median its 10-year median of 1.04)
  • GF Value™: kr367.12 vs. price of kr590.00 (60.7% above fair value)
  • GF Score™: 53/100 with 9 warning signs
  • Industry Position: 8.8% below the Banks median (#709 of 1298)

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


Gronlandsbanken AS Business Description

Other Exchanges 0OGV:UKGRLA:Denmark
Address Imaneq 33, Post Box 1033, Nuuk, GRL, 3900
Gronlandsbanken AS is a Greenland-based bank engaged in consultancy and financial services in Greenland. The bank's products and services are provided to private customers and commercial enterprises. The company offers home banking, mortgage loans, savings accounts, pension funds, insurance, payment transfers, and investment advisory services. It also operates an electronic banking platform, named Netbank, which enables access to a range of facilities, such as payments, transfers, and invoices.
53GF Score

Get the complete analysis for CHIX:GRLAC

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

kr590.00
Price
kr367.12
GF Value