Wallenstam AB (CHIX:WALLBS) Cyclically Adjusted PB Ratio: (As of Sep. 21, 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:WALLBS Wallenstam AB CHIX:WALLBS
71 GF Score
Price kr39.30
GF Value kr46.42
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Wallenstam AB Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Wallenstam AB  (CHIX:WALLBs) 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.


Wallenstam AB Cyclically Adjusted PB Ratio Related Terms


Wallenstam AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Wallenstam 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.

Wallenstam AB Cyclically Adjusted PB Ratio Chart

Wallenstam 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 2.69 1.12 0.95 1.14 0.92

Wallenstam 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 1.11 0.99 0.93 0.88 0.84

CHIX:WALLBS vs CBRE, BEKE, JLL: Cyclically Adjusted PB Ratio Comparison

For the Real Estate Services subindustry, Wallenstam 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.


Wallenstam AB Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Wallenstam AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


CHIX:WALLBS
71GF Score
Wallenstam AB CHIX:WALLBS
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Wallenstam 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.

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

For example, Wallenstam 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)
=51.395/134.6100*134.6100
=51.395

Current CPI (Jun. 2026) = 134.6100.

Wallenstam AB Quarterly Data

Book Value per Share CPI Adj_Book
201609 24.481 101.138 32.583
201612 27.033 102.022 35.668
201703 27.838 102.022 36.730
201706 28.757 102.752 37.673
201709 29.235 103.279 38.104
201712 29.770 103.793 38.609
201803 30.204 103.962 39.108
201806 31.297 104.875 40.171
201809 31.994 105.679 40.753
201812 33.454 105.912 42.519
201903 33.980 105.886 43.198
201906 33.899 106.742 42.749
201909 34.678 107.214 43.539
201912 36.833 107.766 46.008
202003 37.313 106.563 47.134
202006 37.807 107.498 47.342
202009 38.337 107.635 47.945
202012 39.562 108.296 49.175
202103 40.683 108.360 50.539
202106 42.529 108.928 52.556
202109 43.786 110.338 53.418
202112 46.617 112.486 55.786
202203 48.447 114.825 56.795
202206 49.576 118.384 56.371
202209 50.718 122.296 55.825
202212 47.697 126.365 50.809
202303 47.777 127.042 50.623
202306 47.145 129.407 49.041
202309 47.467 130.224 49.066
202312 46.423 131.912 47.373
202403 46.930 132.205 47.784
202406 46.793 132.716 47.461
202409 46.375 132.304 47.183
202412 47.090 132.987 47.665
202503 47.980 132.825 48.625
202506 47.707 133.699 48.032
202509 48.794 133.480 49.207
202512 50.647 133.380 51.114
202603 51.365 133.550 51.773
202606 51.395 134.610 51.395

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 Wallenstam AB (CHIX:WALLBS) Overvalued in 2026?

Based on GuruFocus' analysis, Wallenstam AB stock appears to be undervalued. The current stock price of kr39.30 is trading 15.3% below its estimated GF Value™ of kr46.42. GuruFocus considers Wallenstam AB to be Modestly Undervalued.

Key valuation signals for CHIX:WALLBS:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: kr46.42 vs. price of kr39.30 (15.3% below fair value)
  • GF Score™: 71/100 with 7 warning signs

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


Wallenstam AB Business Description

Address Kungsportsavenyen 2, Gothenburg, SWE, 40184
Wallenstam AB is a general real estate company. The company generates all of its revenue in Sweden. It reports three core segments, mainly based on regional exposure: Gothenburg, Stockholm, and Other. The vast majority of the company's revenue comes from its Gothenburg segment, which builds, develops, and manages properties in the city. The company has segments in Rental income, Net operating income, and Investment properties, with the majority of revenue from Investment properties.
71GF Score

Get the complete analysis for CHIX:WALLBS

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

kr39.30
Price
kr46.42
GF Value