CWQXF (Castellum AB) Cyclically Adjusted PB Ratio: 0.75 (As of Jul. 31, 2026) — 58% 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.

CWQXF Castellum AB CWQXF
70 GF Score
Price $13.08
GF Value $11.96
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Castellum AB Cyclically Adjusted PB Ratio?

Castellum AB CWQXF 70 Cyclically Adjusted PB Ratio is 0.75 as of Jul. 31, 2026, which is 58% below its 10-year median of 1.77. GuruFocus rates CWQXF with a GF Score™ of 70/100 and a GF Value™ of $11.96 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,418 Real Estate companies, Castellum AB ranks worse than 54.65% on this metric.

As of today (2026-07-31), Castellum AB's current share price is $13.08. Castellum AB's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $17.34. Castellum AB's Cyclically Adjusted PB Ratio for today is 0.75.

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

CWQXF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.63   Med: 1.77   Max: 2.74
Current: 0.77

During the past years, Castellum AB's highest Cyclically Adjusted PB Ratio was 2.74. The lowest was 0.63. And the median was 1.77.

CWQXF's Cyclically Adjusted PB Ratio is ranked worse than
54.65% of 1418 companies
in the Real Estate industry
Industry Median: 0.69 vs CWQXF: 0.77

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.

Castellum AB's adjusted book value per share data for the three months ended in Jun. 2026 was $17.614. 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 $17.34 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Castellum AB  (OTCPK:CWQXF) 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.


Castellum AB Cyclically Adjusted PB Ratio Related Terms


Castellum AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Castellum 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.

Castellum AB Cyclically Adjusted PB Ratio Chart

Castellum 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 1.99 0.81 0.97 0.77 0.65

Castellum 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 0.77 0.65 0.65 0.65 0.75

Castellum AB Cyclically Adjusted PB Ratio Competitor Comparison

For the Real Estate - Development subindustry, Castellum 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.


Castellum AB Cyclically Adjusted PB Ratio vs Real Estate Industry

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

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


CWQXF
70GF Score
Castellum AB CWQXF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Castellum 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=13.08/17.34
=0.75

* 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.

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

For example, Castellum 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)
=17.614/134.1100*134.1100
=17.614

Current CPI (Jun. 2026) = 134.1100.

Castellum AB Quarterly Data

Book Value per Share CPI Adj_Book
201609 9.930 101.138 13.167
201612 10.059 102.022 13.223
201703 10.410 102.022 13.684
201706 10.827 102.752 14.131
201709 12.033 103.279 15.625
201712 12.361 103.793 15.972
201803 12.334 103.962 15.911
201806 11.869 104.875 15.178
201809 12.855 105.679 16.313
201812 13.535 105.912 17.139
201903 13.056 105.886 16.536
201906 13.311 106.742 16.724
201909 13.231 107.214 16.550
201912 14.271 107.766 17.760
202003 13.315 106.563 16.757
202006 14.365 107.498 17.921
202009 15.463 107.635 19.266
202012 17.488 108.296 21.657
202103 17.839 108.360 22.078
202106 18.727 108.928 23.056
202109 22.803 110.338 27.716
202112 22.510 112.486 26.837
202203 21.702 114.825 25.347
202206 21.437 118.384 24.285
202209 19.555 122.296 21.444
202212 19.468 126.365 20.661
202303 18.159 127.042 19.169
202306 16.009 129.407 16.591
202309 15.275 130.224 15.731
202312 15.274 131.912 15.529
202403 14.942 132.205 15.157
202406 14.861 132.716 15.017
202409 15.308 132.304 15.517
202412 14.636 132.987 14.760
202503 15.813 132.825 15.966
202506 16.561 133.699 16.612
202509 17.055 133.480 17.135
202512 17.123 133.390 17.215
202603 17.623 133.560 17.696
202606 17.614 134.110 17.614

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 0.75 mean?
Castellum AB (CWQXF) has a Cyclically Adjusted PB Ratio of 0.75 as of Jul. 31, 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 Castellum AB and its competitors. This is 58% below median its historical median of 1.77. Over the past decade, Castellum AB's Cyclically Adjusted PB Ratio has ranged from 0.63 to 2.74. According to the industry distribution chart, Castellum AB ranks #775 out of 1418 companies in the Real Estate industry, placing it in the top 54.7%.
Is Castellum AB's Cyclically Adjusted PB Ratio too high?
Castellum AB's current Cyclically Adjusted PB Ratio of 0.75 is 58% below median its 10-year median of 1.77. Over the past 10 years, this metric has ranged from a low of 0.63 to a high of 2.74. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.69. Castellum AB's value of 0.75 is 8.7% above this industry median. Based on the distribution chart, Castellum AB ranks #775 out of 1418 companies in the Real Estate industry, which is below the industry midpoint. Overall, Castellum AB has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Castellum AB's Cyclically Adjusted PB Ratio compare to competitors?
According to the Real Estate industry distribution chart, Castellum AB ranks #775 out of 1418 companies for Cyclically Adjusted PB Ratio. This places Castellum AB in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.69. Castellum AB's value of 0.75 is 8.7% above this benchmark. Historically, Castellum AB's own Cyclically Adjusted PB Ratio has ranged from 0.63 to 2.74 over the past decade. While the company's 10-year median is 1.77 vs. the industry median of 0.69, Castellum 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 Real Estate company?
The median Cyclically Adjusted PB Ratio among Real Estate companies is 0.69, based on 1,418 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. Castellum AB's current Cyclically Adjusted PB Ratio of 0.75 is 8.7% 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 Castellum AB and its competitors. For the Real Estate industry, the median Cyclically Adjusted PB Ratio is 0.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Castellum AB's current Cyclically Adjusted PB Ratio is 0.75, which is 58% below median its own 10-year median of 1.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Castellum AB stock overvalued right now?
Based on GuruFocus' analysis, Castellum AB (CWQXF) is currently considered Fairly Valued. The stock's GF Value™ is $11.96, compared to a current price of $13.08 — trading 9.4% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.75, which is 58% below median its 10-year median of 1.77 and 8.7% above the Real Estate industry median of 0.69. Castellum AB's overall GF Score™ is 70/100 with 3 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 Castellum AB (CWQXF), the current Cyclically Adjusted PB Ratio is 0.75 as of Jul. 31, 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 Castellum AB (CWQXF) Overvalued in 2026?

Based on GuruFocus' analysis, Castellum AB stock appears to be overvalued. The current stock price of $13.08 is trading 9.4% above its estimated GF Value™ of $11.96. GuruFocus considers Castellum AB to be Fairly Valued.

Key valuation signals for CWQXF:

  • Cyclically Adjusted PB Ratio: 0.75 (58% below median its 10-year median of 1.77)
  • GF Value™: $11.96 vs. price of $13.08 (9.4% above fair value)
  • GF Score™: 70/100 with 3 warning signs
  • Industry Position: 8.7% above the Real Estate median (#775 of 1418)

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


Castellum AB Business Description

Other Exchanges CAST:SwedenCASTs:UK0GT1:UK
Address Lilla Bommen 5 C, Box 2269, Gothenburg, SWE, 403 14
Castellum AB is a Swedish property company that owns, manages, and develops commercial properties in growth cities. The Company holds properties mainly in Sweden, with additional presence in Denmark and Finland. Its operating segments are organized by geographical areas: Stockholm; West (Greater Gothenburg, including Boras); Central (Orebro, Linkoping, Norrkoping, Jonkoping, and Vaxjo); Malardalen (Uppsala and Vasteras); Oresund (Malmo, Lund, Helsingborg, and Copenhagen); and Finland.
70GF Score

Get the complete analysis for CWQXF

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

$13.08
Price
$11.96
GF Value