Morrow Bank ABCHIX:MORROS 58 Cyclically Adjusted PB Ratio is 1.11 as of Jul. 06, 2026, which is 1% below its 10-year median of 1.12. GuruFocus rates CHIX:MORROS with a GF Score™ of 58/100 and a GF Value™ of kr6.37. The stock has 2 warning signs investors should review. Among 1,300 Banks companies, Morrow Bank AB ranks better than 59% on this metric.
The historical rank and industry rank for Morrow Bank AB's Cyclically Adjusted PB Ratio or its related term are showing as below:
CHIX:MORROs'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.49 Med: 1.12 Max: 1.29
Current: 1.1
During the past years, Morrow Bank AB's highest Cyclically Adjusted PB Ratio was 1.29. The lowest was 0.49. And the median was 1.12.
CHIX:MORROs's Cyclically Adjusted PB Ratio is ranked better than 59% of 1300
companies
in the Banks industry
Industry Median: 1.255
vs CHIX:MORROs: 1.10
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.
Morrow Bank AB's adjusted book value per share data for the three months ended in Mar. 2026 was kr11.259. 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 kr9.89 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Morrow Bank AB (CHIX:MORROs) 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.
Morrow Bank AB Cyclically Adjusted PB Ratio Related Terms
Morrow Bank AB Cyclically Adjusted PB Ratio Historical Data
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The historical data trend for Morrow Bank 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.
CHIX:MORROS vs PNC, USB: Cyclically Adjusted PB Ratio Comparison
For the Banks - Regional subindustry, Morrow Bank 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.
Morrow Bank AB Cyclically Adjusted PB Ratio vs Banks Industry
For the Banks industry and Financial Services sector, Morrow Bank AB's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Morrow Bank AB's Cyclically Adjusted PB Ratio falls into.
Morrow Bank 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.
Morrow Bank AB's Cyclically Adjusted PB Ratio for today is calculated as
* 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.
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 1.11 mean?
Morrow Bank AB (CHIX:MORROS) has a Cyclically Adjusted PB Ratio of 1.11 as of Jul. 06, 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 Morrow Bank AB and its competitors. This is near median its historical median of 1.12. Over the past decade, Morrow Bank AB's Cyclically Adjusted PB Ratio has ranged from 0.49 to 1.29. According to the industry distribution chart, Morrow Bank AB ranks #533 out of 1300 companies in the Banks industry, placing it in the top 41%.
Is Morrow Bank AB's Cyclically Adjusted PB Ratio too high?
Morrow Bank AB's current Cyclically Adjusted PB Ratio of 1.11 is near median its 10-year median of 1.12. Over the past 10 years, this metric has ranged from a low of 0.49 to a high of 1.29. The Banks industry median Cyclically Adjusted PB Ratio is 1.26. Morrow Bank AB's value of 1.11 is 11.6% below this industry median. Based on the distribution chart, Morrow Bank AB ranks #533 out of 1300 companies in the Banks industry, which is above the industry midpoint. Overall, Morrow Bank AB has a GF Score™ of 58/100, reflecting its overall financial health beyond just this single metric.
How does Morrow Bank AB's Cyclically Adjusted PB Ratio compare to PNC and USB?
According to the Banks industry distribution chart, Morrow Bank AB ranks #533 out of 1300 companies for Cyclically Adjusted PB Ratio. This puts Morrow Bank AB in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.26. Morrow Bank AB's value of 1.11 is 11.6% below this benchmark. Historically, Morrow Bank AB's own Cyclically Adjusted PB Ratio has ranged from 0.49 to 1.29 over the past decade. While the company's 10-year median is 1.12 vs. the industry median of 1.26, Morrow Bank AB 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 1.26, based on 1,300 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. Morrow Bank AB's current Cyclically Adjusted PB Ratio of 1.11 is 11.6% 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 Morrow Bank AB and its competitors. For the Banks industry, the median Cyclically Adjusted PB Ratio is 1.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Morrow Bank AB's current Cyclically Adjusted PB Ratio is 1.11, which is near median its own 10-year median of 1.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Morrow Bank AB stock overvalued right now?
Morrow Bank AB (CHIX:MORROS) has a current Cyclically Adjusted PB Ratio of 1.11. The stock's GF Value™ is kr6.37, compared to a current price of kr10.95 — trading 71.9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.11, which is near median its 10-year median of 1.12 and 11.6% below the Banks industry median of 1.26. Morrow Bank AB's overall GF Score™ is 58/100 with 2 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 Morrow Bank AB (CHIX:MORROS), the current Cyclically Adjusted PB Ratio is 1.11 as of Jul. 06, 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 Morrow Bank AB (CHIX:MORROS) Overvalued in 2026?
Based on GuruFocus' analysis, Morrow Bank AB stock appears to be overvalued.
The current stock price of kr10.95 is trading 71.9% above its estimated GF Value™ of kr6.37.
Key valuation signals for CHIX:MORROS:
Cyclically Adjusted PB Ratio: 1.11 (near median its 10-year median of 1.12)
GF Value™: kr6.37 vs. price of kr10.95 (71.9% above fair value)
Industry Position: 11.6% below the Banks median (#533 of 1300)
No single metric tells the full story. See the CHIX:MORROS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Morrow Bank AB is a Swedish bank offering convenient payment and financing products to consumers. It is a focused Nordic digital niche bank offering personal loans, credit cards, deposit accounts, and online point-of-sales finance products to consumers.
58GF Score
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