Instalco AB (CHIX:INSTAS) Cyclically Adjusted PB Ratio: (As of Jul. 17, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
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:INSTAS Instalco AB CHIX:INSTAS
88 GF Score
Price kr37.36
GF Value kr35.91
Valuation Fairly Valued
! 5 Warning Signs
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What is Instalco AB Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Instalco AB  (CHIX:INSTAs) 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.


Instalco AB Cyclically Adjusted PB Ratio Related Terms


Instalco AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Instalco 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.

Instalco AB Cyclically Adjusted PB Ratio Chart

Instalco 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 0.00 0.00 0.00 0.00 2.87

Instalco 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 0.00 2.86 2.87 3.35 0.00

CHIX:INSTAS vs PWR, FIX, EME: Cyclically Adjusted PB Ratio Comparison

For the Engineering & Construction subindustry, Instalco 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.


Instalco AB Cyclically Adjusted PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, Instalco AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


CHIX:INSTAS
88GF Score
Instalco AB CHIX:INSTAS
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Instalco 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.

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

For example, Instalco 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)
=12.867/134.1100*134.1100
=12.867

Current CPI (Jun. 2026) = 134.1100.

Instalco AB Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.000 101.138 0.000
201612 2.741 102.022 3.603
201703 0.000 102.022 0.000
201706 2.833 102.752 3.698
201709 3.025 103.279 3.928
201712 3.373 103.793 4.358
201803 3.708 103.962 4.783
201806 3.925 104.875 5.019
201809 4.114 105.679 5.221
201812 4.434 105.912 5.615
201903 4.882 105.886 6.183
201906 5.143 106.742 6.462
201909 5.535 107.214 6.924
201912 6.001 107.766 7.468
202003 6.239 106.563 7.852
202006 6.308 107.498 7.870
202009 7.021 107.635 8.748
202012 7.557 108.296 9.358
202103 8.264 108.360 10.228
202106 8.199 108.928 10.094
202109 8.730 110.338 10.611
202112 9.537 112.486 11.370
202203 10.148 114.825 11.852
202206 10.056 118.384 11.392
202209 10.524 122.296 11.541
202212 11.312 126.365 12.005
202303 11.716 127.042 12.368
202306 11.992 129.407 12.428
202309 11.888 130.224 12.243
202312 12.157 131.912 12.360
202403 12.688 132.205 12.871
202406 12.005 132.716 12.131
202409 12.024 132.304 12.188
202412 12.165 132.987 12.268
202503 12.230 132.825 12.348
202506 11.991 133.699 12.028
202509 11.805 133.480 11.861
202512 12.025 133.390 12.090
202603 12.643 133.560 12.695
202606 12.867 134.110 12.867

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 Instalco AB (CHIX:INSTAS) Overvalued in 2026?

Based on GuruFocus' analysis, Instalco AB stock appears to be overvalued. The current stock price of kr37.36 is trading 4% above its estimated GF Value™ of kr35.91. GuruFocus considers Instalco AB to be Fairly Valued.

Key valuation signals for CHIX:INSTAS:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: kr35.91 vs. price of kr37.36 (4% above fair value)
  • GF Score™: 88/100 with 5 warning signs

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


Instalco AB Business Description

Address Sveavagen 56 C, Stockholm, SWE, 111 34
Instalco AB is engaged in installation, service and maintenance of real estate and facilities in Sweden, Norway and Finland. The company performs technical installation and service within the areas of electrical, heating and plumbing systems, as well as ventilation and cooling systems. The Group has two operating segments: Sweden and Rest of Nordics. Its revenue stems from sales of the execution of installations, construction contracts and service contracts.
88GF Score

Get the complete analysis for CHIX:INSTAS

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

kr37.36
Price
kr35.91
GF Value