Vestum AB (CHIX:VESTUS) Cyclically Adjusted PB Ratio: 7.43 (As of Jul. 13, 2026) — 2152% Above Median


CHIX:VESTUS Vestum AB CHIX:VESTUS
43 GF Score
Price kr9.14
GF Value kr4.58
! 6 Warning Signs
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What is Vestum AB Cyclically Adjusted PB Ratio?

Vestum AB CHIX:VESTUS 43 Cyclically Adjusted PB Ratio is 7.43 as of Jul. 13, 2026, which is 2152% above its 10-year median of 0.33. GuruFocus rates CHIX:VESTUS with a GF Score™ of 43/100 and a GF Value™ of kr4.58. The stock has 6 warning signs investors should review. Among 1,359 Construction companies, Vestum AB ranks worse than 96.17% on this metric.

As of today (2026-07-13), Vestum AB's current share price is kr9.14. Vestum AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was kr1.23. Vestum AB's Cyclically Adjusted PB Ratio for today is 7.43.

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

CHIX:VESTUs' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.33   Max: 12.87
Current: 12.53

During the past years, Vestum AB's highest Cyclically Adjusted PB Ratio was 12.87. The lowest was 0.01. And the median was 0.33.

CHIX:VESTUs's Cyclically Adjusted PB Ratio is ranked worse than
96.17% of 1359 companies
in the Construction industry
Industry Median: 1.19 vs CHIX:VESTUs: 12.53

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.

Vestum AB's adjusted book value per share data for the three months ended in Mar. 2026 was kr8.887. 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 kr1.23 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vestum AB  (CHIX:VESTUs) 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.


Vestum AB Cyclically Adjusted PB Ratio Related Terms


Vestum AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Vestum 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.

Vestum AB Cyclically Adjusted PB Ratio Chart

Vestum 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 0.61 1.13 0.00 0.00 11.15

Vestum 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 0.00 0.00 0.00 11.15 7.45

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

For the Engineering & Construction subindustry, Vestum 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.


Vestum AB Cyclically Adjusted PB Ratio vs Construction Industry

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

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


CHIX:VESTUS
43GF Score
Vestum AB CHIX:VESTUS
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Vestum 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=9.14/1.23
=7.43

* 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.

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

For example, Vestum 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)
=8.887/133.5600*133.5600
=8.887

Current CPI (Mar. 2026) = 133.5600.

Vestum AB Quarterly Data

Book Value per Share CPI Adj_Book
201606 -16.269 101.019 -21.510
201609 14.407 101.138 19.026
201612 -8.260 102.022 -10.813
201703 -20.904 102.022 -27.366
201706 -33.992 102.752 -44.184
201709 -8.234 103.279 -10.648
201712 -17.454 103.793 -22.460
201803 -21.070 103.962 -27.069
201806 -0.754 104.875 -0.960
201809 -1.886 105.679 -2.384
201812 -2.059 105.912 -2.597
201903 -2.466 105.886 -3.110
201906 -3.868 106.742 -4.840
201909 0.338 107.214 0.421
201912 -0.144 107.766 -0.178
202003 0.098 106.563 0.123
202006 -0.067 107.498 -0.083
202009 -0.173 107.635 -0.215
202012 -0.233 108.296 -0.287
202103 -0.227 108.360 -0.280
202106 2.618 108.928 3.210
202109 3.818 110.338 4.622
202112 10.204 112.486 12.116
202203 10.896 114.825 12.674
202206 11.503 118.384 12.978
202209 11.723 122.296 12.803
202212 11.897 126.365 12.574
202303 11.948 127.042 12.561
202306 12.256 129.407 12.649
202309 11.993 130.224 12.300
202312 10.785 131.912 10.920
202403 10.431 132.205 10.538
202406 10.439 132.716 10.505
202409 10.495 132.304 10.595
202412 10.396 132.987 10.441
202503 9.970 132.825 10.025
202506 9.939 133.699 9.929
202509 9.861 133.480 9.867
202512 9.465 133.390 9.477
202603 8.887 133.560 8.887

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 7.43 mean?
Vestum AB (CHIX:VESTUS) has a Cyclically Adjusted PB Ratio of 7.43 as of Jul. 13, 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 Vestum AB and its competitors. This is 2152% above median its historical median of 0.33. Over the past decade, Vestum AB's Cyclically Adjusted PB Ratio has ranged from 0.01 to 12.87. According to the industry distribution chart, Vestum AB ranks #1307 out of 1359 companies in the Construction industry, placing it in the top 96.2%.
Is Vestum AB's Cyclically Adjusted PB Ratio too high?
Vestum AB's current Cyclically Adjusted PB Ratio of 7.43 is 2152% above median its 10-year median of 0.33. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 12.87. The Construction industry median Cyclically Adjusted PB Ratio is 1.19. Vestum AB's value of 7.43 is 524.4% above this industry median. Based on the distribution chart, Vestum AB ranks #1307 out of 1359 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Vestum AB has a GF Score™ of 43/100, reflecting its overall financial health beyond just this single metric.
How does Vestum AB's Cyclically Adjusted PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Vestum AB ranks #1307 out of 1359 companies for Cyclically Adjusted PB Ratio. This places Vestum AB in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.19. Vestum AB's value of 7.43 is 524.4% above this benchmark. Historically, Vestum AB's own Cyclically Adjusted PB Ratio has ranged from 0.01 to 12.87 over the past decade. While the company's 10-year median is 0.33 vs. the industry median of 1.19, Vestum 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 Construction company?
The median Cyclically Adjusted PB Ratio among Construction companies is 1.19, based on 1,359 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. Vestum AB's current Cyclically Adjusted PB Ratio of 7.43 is 524.4% 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 Vestum AB and its competitors. For the Construction industry, the median Cyclically Adjusted PB Ratio is 1.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vestum AB's current Cyclically Adjusted PB Ratio is 7.43, which is 2152% above median its own 10-year median of 0.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vestum AB stock overvalued right now?
Vestum AB (CHIX:VESTUS) has a current Cyclically Adjusted PB Ratio of 7.43. The stock's GF Value™ is kr4.58, compared to a current price of kr9.14 — trading 99.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 7.43, which is 2152% above median its 10-year median of 0.33 and 524.4% above the Construction industry median of 1.19. Vestum AB's overall GF Score™ is 43/100 with 6 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 Vestum AB (CHIX:VESTUS), the current Cyclically Adjusted PB Ratio is 7.43 as of Jul. 13, 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 Vestum AB (CHIX:VESTUS) Overvalued in 2026?

Based on GuruFocus' analysis, Vestum AB stock appears to be overvalued. The current stock price of kr9.14 is trading 99.6% above its estimated GF Value™ of kr4.58.

Key valuation signals for CHIX:VESTUS:

  • Cyclically Adjusted PB Ratio: 7.43 (2152% above median its 10-year median of 0.33)
  • GF Value™: kr4.58 vs. price of kr9.14 (99.6% above fair value)
  • GF Score™: 43/100 with 6 warning signs
  • Industry Position: 524.4% above the Construction median (#1307 of 1359)

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


Vestum AB Business Description

Other Exchanges VESTUM:SwedenW0S:Germany
Address Kungsgatan 26, Stockholm, SWE, 111 35
Vestum AB provides services and products to the infrastructure sector. The group develops and acquires specialist companies that operate within critical infrastructure. The business model is built on combining local presence with technical expertise and offerings that support modernisation and long-term sustainable development in the Nordic region and the United Kingdom. By focusing on structurally attractive markets where the need for renovation, energy efficiency, safety, and robust systems is increasing, and create value for both customers and society. Vestum's business model is based on decentralised governance, powerful industry and customer focus, and entrepreneurial drive. The group is developing and constructing a climate-adapted and more sustainable.
43GF Score

Get the complete analysis for CHIX:VESTUS

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

kr9.14
Price
kr4.58
GF Value