Trelleborg AB (CHIX:TRELBS) Cyclically Adjusted PB Ratio: (As of Sep. 22, 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.
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:TRELBS Trelleborg AB CHIX:TRELBS
86 GF Score
Price kr447.20
GF Value kr427.42
Valuation Fairly Valued
! 7 Warning Signs
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What is Trelleborg AB Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Trelleborg AB  (CHIX:TRELBs) 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.


Trelleborg AB Cyclically Adjusted PB Ratio Related Terms


Trelleborg AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Trelleborg 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.

Trelleborg AB Cyclically Adjusted PB Ratio Chart

Trelleborg 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 2.23 2.14 2.59 2.92 2.63

Trelleborg 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 2.48 2.58 2.65 2.37 2.77

CHIX:TRELBS vs GEV, ETN, PH: Cyclically Adjusted PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, Trelleborg 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.


Trelleborg AB Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

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


CHIX:TRELBS
86GF Score
Trelleborg AB CHIX:TRELBS
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Trelleborg 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.

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

For example, Trelleborg 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)
=168.221/134.6100*134.6100
=168.221

Current CPI (Jun. 2026) = 134.6100.

Trelleborg AB Quarterly Data

Book Value per Share CPI Adj_Book
201609 90.172 101.138 120.015
201612 92.732 102.022 122.353
201703 97.055 102.022 128.057
201706 95.691 102.752 125.359
201709 96.296 103.279 125.509
201712 100.401 103.793 130.211
201803 108.097 103.962 139.964
201806 108.134 104.875 138.794
201809 108.956 105.679 138.784
201812 111.137 105.912 141.251
201903 111.970 105.886 142.344
201906 115.519 106.742 145.679
201909 119.861 107.214 150.489
201912 106.470 107.766 132.991
202003 113.490 106.563 143.360
202006 109.277 107.498 136.838
202009 110.255 107.635 137.886
202012 106.809 108.296 132.762
202103 114.460 108.360 142.188
202106 112.074 108.928 138.498
202109 117.035 110.338 142.780
202112 121.732 112.486 145.675
202203 128.267 114.825 150.368
202206 133.773 118.384 152.109
202209 142.681 122.296 157.047
202212 145.652 126.365 155.155
202303 151.366 127.042 160.383
202306 166.048 129.407 172.725
202309 177.490 130.224 183.469
202312 171.413 131.912 174.919
202403 179.203 132.205 182.462
202406 173.345 132.716 175.819
202409 171.276 132.304 174.261
202412 178.828 132.987 181.010
202503 169.180 132.825 171.454
202506 161.281 133.699 162.380
202509 162.504 133.480 163.880
202512 161.923 133.380 163.416
202603 169.263 133.550 170.606
202606 168.221 134.610 168.221

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 Trelleborg AB (CHIX:TRELBS) Overvalued in 2026?

Based on GuruFocus' analysis, Trelleborg AB stock appears to be overvalued. The current stock price of kr447.20 is trading 4.6% above its estimated GF Value™ of kr427.42. GuruFocus considers Trelleborg AB to be Fairly Valued.

Key valuation signals for CHIX:TRELBS:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: kr427.42 vs. price of kr447.20 (4.6% above fair value)
  • GF Score™: 86/100 with 7 warning signs

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


Trelleborg AB Business Description

Address Johan Kocksgatan 10, P.O. Box 153, Trelleborg, SWE, SE- 23122
Trelleborg AB manufactures products to seal, damp, and protect critical applications for a multitude of industries. It focuses on enhancing performance, reliability and sustainability for customers in aerospace, automotive, energy & renewables, healthcare & medical, marine, water infrastructure and general industrial markets. The company has different business areas: Trelleborg Industrial Solutions, Trelleborg Medical Solutions and Trelleborg Sealing Solutions. The group's products include precision sealing systems, antivibration and noise-damping components, fluid-handling solutions, engineered coated fabrics and others.
86GF Score

Get the complete analysis for CHIX:TRELBS

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

kr447.20
Price
kr427.42
GF Value