Invisio AB (CHIX:IVSOS) Cyclically Adjusted PB Ratio: 20.48 (As of Jul. 15, 2026) — 41% Below Median

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.
Reviewed by: Charlie Tian Charlie Tian
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:IVSOS Invisio AB CHIX:IVSOS
91 GF Score
Price kr227.10
GF Value kr321.14
Valuation Modestly Undervalued
! 1 Warning Sign
View Full Analysis

What is Invisio AB Cyclically Adjusted PB Ratio?

Invisio AB CHIX:IVSOS 91 Cyclically Adjusted PB Ratio is 20.48 as of Jul. 15, 2026, which is 41% below its 10-year median of 34.54. GuruFocus rates CHIX:IVSOS with a GF Score™ of 91/100 and a GF Value™ of kr321.14 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,983 Hardware companies, Invisio AB ranks worse than 94.7% on this metric.

As of today (2026-07-15), Invisio AB's current share price is kr227.10. Invisio AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was kr11.09. Invisio AB's Cyclically Adjusted PB Ratio for today is 20.48.

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

CHIX:IVSOs' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 16.76   Med: 34.54   Max: 73.85
Current: 17.48

During the past years, Invisio AB's highest Cyclically Adjusted PB Ratio was 73.85. The lowest was 16.76. And the median was 34.54.

CHIX:IVSOs's Cyclically Adjusted PB Ratio is ranked worse than
94.7% of 1983 companies
in the Hardware industry
Industry Median: 2.15 vs CHIX:IVSOs: 17.48

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.

Invisio AB's adjusted book value per share data for the three months ended in Mar. 2026 was kr26.514. 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 kr11.09 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Invisio AB  (CHIX:IVSOs) 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.


Invisio AB Cyclically Adjusted PB Ratio Related Terms


Invisio AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Invisio 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.

Invisio AB Cyclically Adjusted PB Ratio Chart

Invisio 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 36.37 27.77 26.28 29.27 22.57

Invisio AB 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 38.33 33.83 28.31 22.57 21.16

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

For the Communication Equipment subindustry, Invisio 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.


Invisio AB Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


CHIX:IVSOS
91GF Score
Invisio AB CHIX:IVSOS
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Invisio 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=227.10/11.09
=20.48

* 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.

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

For example, Invisio AB'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)
=26.514/121.6800*121.6800
=26.514

Current CPI (Mar. 2026) = 121.6800.

Invisio AB Quarterly Data

Book Value per Share CPI Adj_Book
201606 3.702 100.600 4.478
201609 4.468 100.200 5.426
201612 4.822 100.300 5.850
201703 5.335 101.200 6.415
201706 5.166 101.200 6.211
201709 5.411 101.800 6.468
201712 5.894 101.300 7.080
201803 6.377 101.700 7.630
201806 6.141 102.300 7.304
201809 6.272 102.400 7.453
201812 6.622 102.100 7.892
201903 6.737 102.900 7.967
201906 6.760 102.900 7.994
201909 7.254 102.900 8.578
201912 8.302 102.900 9.817
202003 9.028 103.300 10.634
202006 8.141 103.200 9.599
202009 8.350 103.500 9.817
202012 8.592 103.400 10.111
202103 9.050 104.300 10.558
202106 9.077 105.000 10.519
202109 9.129 105.800 10.499
202112 9.374 106.600 10.700
202203 9.383 109.900 10.389
202206 9.610 113.600 10.294
202209 10.244 116.400 10.709
202212 11.319 115.900 11.883
202303 12.859 117.300 13.339
202306 14.740 116.400 15.409
202309 15.273 117.400 15.830
202312 15.802 116.700 16.476
202403 17.410 118.400 17.892
202406 17.664 118.500 18.138
202409 18.552 118.900 18.986
202412 22.569 118.900 23.097
202503 21.884 120.200 22.153
202506 22.523 120.700 22.706
202509 22.315 121.600 22.330
202512 25.416 121.200 25.517
202603 26.514 121.680 26.514

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 20.48 mean?
Invisio AB (CHIX:IVSOS) has a Cyclically Adjusted PB Ratio of 20.48 as of Jul. 15, 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 Invisio AB and its competitors. This is 41% below median its historical median of 34.54. Over the past decade, Invisio AB's Cyclically Adjusted PB Ratio has ranged from 16.76 to 73.85. According to the industry distribution chart, Invisio AB ranks #1878 out of 1983 companies in the Hardware industry, placing it in the top 94.7%.
Is Invisio AB's Cyclically Adjusted PB Ratio too high?
Invisio AB's current Cyclically Adjusted PB Ratio of 20.48 is 41% below median its 10-year median of 34.54. Over the past 10 years, this metric has ranged from a low of 16.76 to a high of 73.85. The Hardware industry median Cyclically Adjusted PB Ratio is 2.15. Invisio AB's value of 20.48 is 852.6% above this industry median. Based on the distribution chart, Invisio AB ranks #1878 out of 1983 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Invisio AB has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Invisio AB's Cyclically Adjusted PB Ratio compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Invisio AB ranks #1878 out of 1983 companies for Cyclically Adjusted PB Ratio. This places Invisio AB in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.15. Invisio AB's value of 20.48 is 852.6% above this benchmark. Historically, Invisio AB's own Cyclically Adjusted PB Ratio has ranged from 16.76 to 73.85 over the past decade. While the company's 10-year median is 34.54 vs. the industry median of 2.15, Invisio 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 2.15, based on 1,983 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. Invisio AB's current Cyclically Adjusted PB Ratio of 20.48 is 852.6% 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 Invisio AB and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Invisio AB's current Cyclically Adjusted PB Ratio is 20.48, which is 41% below median its own 10-year median of 34.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Invisio AB stock overvalued right now?
Based on GuruFocus' analysis, Invisio AB (CHIX:IVSOS) is currently considered Modestly Undervalued. The stock's GF Value™ is kr321.14, compared to a current price of kr227.10 — trading 29.3% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 20.48, which is 41% below median its 10-year median of 34.54 and 852.6% above the Hardware industry median of 2.15. Invisio AB's overall GF Score™ is 91/100 with 1 warning sign 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 Invisio AB (CHIX:IVSOS), the current Cyclically Adjusted PB Ratio is 20.48 as of Jul. 15, 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 Invisio AB (CHIX:IVSOS) Overvalued in 2026?

Based on GuruFocus' analysis, Invisio AB stock appears to be undervalued. The current stock price of kr227.10 is trading 29.3% below its estimated GF Value™ of kr321.14. GuruFocus considers Invisio AB to be Modestly Undervalued.

Key valuation signals for CHIX:IVSOS:

  • Cyclically Adjusted PB Ratio: 20.48 (41% below median its 10-year median of 34.54)
  • GF Value™: kr321.14 vs. price of kr227.10 (29.3% below fair value)
  • GF Score™: 91/100 with 1 warning sign
  • Industry Position: 852.6% above the Hardware median (#1878 of 1983)

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


Invisio AB Business Description

Address Stamholmen 157, Hvidovre, DNK, DK-2650
Invisio AB develops and markets developed, integrated communications systems that help professionals in noisy and mission-critical environments to work more safely and effectively while protecting their hearing. The solutions are marketed under the INVISIO and Racal Acoustics brands. The company operates in USA, France, UK, Italy, Sweden, Canada and Thailand.
91GF Score

Get the complete analysis for CHIX:IVSOS

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

kr227.10
Price
kr321.14
GF Value