Hexatronic Group AB (CHIX:HTROS) Cyclically Adjusted PB Ratio: 4.04 (As of Jul. 21, 2026) — 49% Below Median

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CHIX:HTROS Hexatronic Group AB CHIX:HTROS
76 GF Score
Price kr38.22
GF Value kr27.29
Valuation Modestly Overvalued
! 9 Warning Signs
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What is Hexatronic Group AB Cyclically Adjusted PB Ratio?

Hexatronic Group AB CHIX:HTROS 76 Cyclically Adjusted PB Ratio is 4.04 as of Jul. 21, 2026, which is 49% below its 10-year median of 7.96. GuruFocus rates CHIX:HTROS with a GF Score™ of 76/100 and a GF Value™ of kr27.29 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 1,980 Hardware companies, Hexatronic Group AB ranks worse than 77.47% on this metric.

As of today (2026-07-21), Hexatronic Group AB's current share price is kr38.22. Hexatronic Group AB's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was kr9.47. Hexatronic Group AB's Cyclically Adjusted PB Ratio for today is 4.04.

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

CHIX:HTROs' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.97   Med: 7.96   Max: 50.38
Current: 4.4

During the past years, Hexatronic Group AB's highest Cyclically Adjusted PB Ratio was 50.38. The lowest was 1.97. And the median was 7.96.

CHIX:HTROs's Cyclically Adjusted PB Ratio is ranked worse than
77.47% of 1980 companies
in the Hardware industry
Industry Median: 2.01 vs CHIX:HTROs: 4.40

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.

Hexatronic Group AB's adjusted book value per share data for the three months ended in Jun. 2026 was kr19.930. 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 kr9.47 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hexatronic Group AB  (CHIX:HTROs) 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.


Hexatronic Group AB Cyclically Adjusted PB Ratio Related Terms


Hexatronic Group AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Hexatronic 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.

Hexatronic Group AB Cyclically Adjusted PB Ratio Chart

Hexatronic Group AB Annual Data
Trend Aug16 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 43.78 38.52 5.00 4.98 2.60

Hexatronic 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 3.05 2.25 2.60 3.42 4.04

CHIX:HTROS vs CSCO, CIEN, MSI: Cyclically Adjusted PB Ratio Comparison

For the Communication Equipment subindustry, Hexatronic 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.


Hexatronic Group AB Cyclically Adjusted PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Hexatronic Group AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


CHIX:HTROS
76GF Score
Hexatronic Group AB CHIX:HTROS
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hexatronic 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.

Hexatronic Group AB's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=38.22/9.47
=4.04

* 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.

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

For example, Hexatronic 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)
=19.93/134.1100*134.1100
=19.930

Current CPI (Jun. 2026) = 134.1100.

Hexatronic Group AB Quarterly Data

Book Value per Share CPI Adj_Book
201608 1.787 100.968 2.374
201611 1.909 101.517 2.522
201703 1.885 102.022 2.478
201706 2.051 102.752 2.677
201709 2.176 103.279 2.826
201712 2.296 103.793 2.967
201803 2.382 103.962 3.073
201806 2.538 104.875 3.246
201809 2.627 105.679 3.334
201812 2.708 105.912 3.429
201903 2.847 105.886 3.606
201906 2.861 106.742 3.595
201909 3.118 107.214 3.900
201912 3.084 107.766 3.838
202003 3.393 106.563 4.270
202006 3.330 107.498 4.154
202009 3.467 107.635 4.320
202012 3.449 108.296 4.271
202103 3.955 108.360 4.895
202106 4.282 108.928 5.272
202109 5.050 110.338 6.138
202112 8.191 112.486 9.766
202203 9.090 114.825 10.617
202206 10.722 118.384 12.146
202209 12.766 122.296 13.999
202212 13.634 126.365 14.470
202303 14.604 127.042 15.417
202306 16.446 129.407 17.044
202309 16.973 130.224 17.480
202312 16.756 131.912 17.035
202403 18.007 132.205 18.266
202406 18.574 132.716 18.769
202409 18.562 132.304 18.815
202412 19.574 132.987 19.739
202503 18.601 132.825 18.781
202506 18.547 133.699 18.604
202509 17.507 133.480 17.590
202512 16.714 133.390 16.804
202603 17.482 133.560 17.554
202606 19.930 134.110 19.930

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 4.04 mean?
Hexatronic Group AB (CHIX:HTROS) has a Cyclically Adjusted PB Ratio of 4.04 as of Jul. 21, 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 Hexatronic Group AB and its competitors. This is 49% below median its historical median of 7.96. Over the past decade, Hexatronic Group AB's Cyclically Adjusted PB Ratio has ranged from 1.97 to 50.38. According to the industry distribution chart, Hexatronic Group AB ranks #1534 out of 1980 companies in the Hardware industry, placing it in the top 77.5%.
Is Hexatronic Group AB's Cyclically Adjusted PB Ratio too high?
Hexatronic Group AB's current Cyclically Adjusted PB Ratio of 4.04 is 49% below median its 10-year median of 7.96. Over the past 10 years, this metric has ranged from a low of 1.97 to a high of 50.38. The Hardware industry median Cyclically Adjusted PB Ratio is 2.01. Hexatronic Group AB's value of 4.04 is 101% above this industry median. Based on the distribution chart, Hexatronic Group AB ranks #1534 out of 1980 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Hexatronic Group AB has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hexatronic Group AB's Cyclically Adjusted PB Ratio compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Hexatronic Group AB ranks #1534 out of 1980 companies for Cyclically Adjusted PB Ratio. This places Hexatronic Group AB in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.01. Hexatronic Group AB's value of 4.04 is 101% above this benchmark. Historically, Hexatronic Group AB's own Cyclically Adjusted PB Ratio has ranged from 1.97 to 50.38 over the past decade. While the company's 10-year median is 7.96 vs. the industry median of 2.01, Hexatronic Group 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 Hardware company?
The median Cyclically Adjusted PB Ratio among Hardware companies is 2.01, based on 1,980 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. Hexatronic Group AB's current Cyclically Adjusted PB Ratio of 4.04 is 101% 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 Hexatronic Group AB and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hexatronic Group AB's current Cyclically Adjusted PB Ratio is 4.04, which is 49% below median its own 10-year median of 7.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hexatronic Group AB stock overvalued right now?
Based on GuruFocus' analysis, Hexatronic Group AB (CHIX:HTROS) is currently considered Modestly Overvalued. The stock's GF Value™ is kr27.29, compared to a current price of kr38.22 — trading 40.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 4.04, which is 49% below median its 10-year median of 7.96 and 101% above the Hardware industry median of 2.01. Hexatronic Group AB's overall GF Score™ is 76/100 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 Hexatronic Group AB (CHIX:HTROS), the current Cyclically Adjusted PB Ratio is 4.04 as of Jul. 21, 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 Hexatronic Group AB (CHIX:HTROS) Overvalued in 2026?

Based on GuruFocus' analysis, Hexatronic Group AB stock appears to be overvalued. The current stock price of kr38.22 is trading 40.1% above its estimated GF Value™ of kr27.29. GuruFocus considers Hexatronic Group AB to be Modestly Overvalued.

Key valuation signals for CHIX:HTROS:

  • Cyclically Adjusted PB Ratio: 4.04 (49% below median its 10-year median of 7.96)
  • GF Value™: kr27.29 vs. price of kr38.22 (40.1% above fair value)
  • GF Score™: 76/100 with 9 warning signs
  • Industry Position: 101% above the Hardware median (#1534 of 1980)

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


Hexatronic Group AB Business Description

Address Sofierogatan 3A, Gothenburg, SWE, SE-412 51
Hexatronic Group AB is a technology group specialized in fiber communications products. The company supplies fiber optic products and solutions, and a complete range of passive infrastructure for telecom companies. The company offers products such as Fiber Solutions, including cables, Microtubules and bundles of microtubules, as well as Accessories for Cables and microducts. Additionally, it provides installation services. Wireless solutions include 5G and Wireless network infrastructure, along with the InOne Powered Fibersystem. For harsh environments, the company offers dynamic cables, Connectivity Solutions, and sensor systems. The company operates in Sweden, Europe (other than Sweden), North America, and APAC, with the majority of revenue from Europe and North America.
76GF Score

Get the complete analysis for CHIX:HTROS

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

kr38.22
Price
kr27.29
GF Value