EPIPF (Epiroc AB) Cyclically Adjusted PB Ratio: 8.33 (As of Jul. 02, 2026) — Near Median


EPIPF Epiroc AB EPIPF
97 GF Score
Price $19.15
GF Value $15.75
! 7 Warning Signs
View Full Analysis

What is Epiroc AB Cyclically Adjusted PB Ratio?

Epiroc AB EPIPF 97 Cyclically Adjusted PB Ratio is 8.33 as of Jul. 02, 2026, which is 8% below its 10-year median of 9.08. GuruFocus rates EPIPF with a GF Score™ of 97/100 and a GF Value™ of $15.75. The stock has 7 warning signs investors should review. Among 169 Farm & Heavy Construction Machinery companies, Epiroc AB ranks worse than 95.86% on this metric.

As of today (2026-07-02), Epiroc AB's current share price is $19.15. Epiroc AB's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was $2.30. Epiroc AB's Cyclically Adjusted PB Ratio for today is 8.33.

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

EPIPF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 8.22   Med: 9.08   Max: 10.76
Current: 10.13

During the past 11 years, Epiroc AB's highest Cyclically Adjusted PB Ratio was 10.76. The lowest was 8.22. And the median was 9.08.

EPIPF's Cyclically Adjusted PB Ratio is ranked worse than
95.86% of 169 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.67 vs EPIPF: 10.13

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.

Epiroc AB's adjusted book value per share data of for the fiscal year that ended in Dec25 was $3.761. 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 $2.30 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Epiroc AB  (OTCPK:EPIPF) 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.


Epiroc AB Cyclically Adjusted PB Ratio Related Terms


Epiroc AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Epiroc 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.

Epiroc AB Cyclically Adjusted PB Ratio Chart

Epiroc 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 0.00 0.00 0.00 8.26 8.31

Epiroc 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 8.31 0.00

EPIPF vs CAT, DE, PCAR: Cyclically Adjusted PB Ratio Comparison

For the Farm & Heavy Construction Machinery subindustry, Epiroc 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.


Epiroc AB Cyclically Adjusted PB Ratio vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Epiroc AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


EPIPF
97GF Score
Epiroc AB EPIPF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Epiroc 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=19.15/2.30
=8.33

* 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.

Epiroc AB's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Epiroc AB's adjusted Book Value per Share data for the fiscal year that ended in Dec25 was:

Adj_Book=Book Value per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=3.761/133.3862*133.3862
=3.761

Current CPI (Dec25) = 133.3862.

Epiroc AB Annual Data

Book Value per Share CPI Adj_Book
201612 1.415 102.022 1.850
201712 1.182 103.793 1.519
201812 1.735 105.912 2.185
201912 2.006 107.766 2.483
202012 2.349 108.296 2.893
202112 2.347 112.486 2.783
202212 2.639 126.365 2.786
202312 2.974 131.912 3.007
202412 3.221 132.987 3.231
202512 3.761 133.386 3.761

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 8.33 mean?
Epiroc AB (EPIPF) has a Cyclically Adjusted PB Ratio of 8.33 as of Jul. 02, 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 Epiroc AB and its competitors. This is near median its historical median of 9.08. Over the past decade, Epiroc AB's Cyclically Adjusted PB Ratio has ranged from 8.22 to 10.76. According to the industry distribution chart, Epiroc AB ranks #162 out of 169 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 95.9%.
Is Epiroc AB's Cyclically Adjusted PB Ratio too high?
Epiroc AB's current Cyclically Adjusted PB Ratio of 8.33 is near median its 10-year median of 9.08. Over the past 10 years, this metric has ranged from a low of 8.22 to a high of 10.76. The Farm & Heavy Construction Machinery industry median Cyclically Adjusted PB Ratio is 1.67. Epiroc AB's value of 8.33 is 398.8% above this industry median. Based on the distribution chart, Epiroc AB ranks #162 out of 169 companies in the Farm & Heavy Construction Machinery industry, which is in the bottom quartile relative to peers. Overall, Epiroc AB has a GF Score™ of 97/100, reflecting its overall financial health beyond just this single metric.
How does Epiroc AB's Cyclically Adjusted PB Ratio compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Epiroc AB ranks #162 out of 169 companies for Cyclically Adjusted PB Ratio. This places Epiroc AB in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.67. Epiroc AB's value of 8.33 is 398.8% above this benchmark. Historically, Epiroc AB's own Cyclically Adjusted PB Ratio has ranged from 8.22 to 10.76 over the past decade. While the company's 10-year median is 9.08 vs. the industry median of 1.67, Epiroc 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 Farm & Heavy Construction Machinery company?
The median Cyclically Adjusted PB Ratio among Farm & Heavy Construction Machinery companies is 1.67, based on 169 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. Epiroc AB's current Cyclically Adjusted PB Ratio of 8.33 is 398.8% 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 Epiroc AB and its competitors. For the Farm & Heavy Construction Machinery industry, the median Cyclically Adjusted PB Ratio is 1.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Epiroc AB's current Cyclically Adjusted PB Ratio is 8.33, which is near median its own 10-year median of 9.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Epiroc AB stock overvalued right now?
Epiroc AB (EPIPF) has a current Cyclically Adjusted PB Ratio of 8.33. The stock's GF Value™ is $15.75, compared to a current price of $19.15 — trading 21.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 8.33, which is near median its 10-year median of 9.08 and 398.8% above the Farm & Heavy Construction Machinery industry median of 1.67. Epiroc AB's overall GF Score™ is 97/100 with 7 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 Epiroc AB (EPIPF), the current Cyclically Adjusted PB Ratio is 8.33 as of Jul. 02, 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 Epiroc AB (EPIPF) Overvalued in 2026?

Based on GuruFocus' analysis, Epiroc AB stock appears to be overvalued. The current stock price of $19.15 is trading 21.6% above its estimated GF Value™ of $15.75.

Key valuation signals for EPIPF:

  • Cyclically Adjusted PB Ratio: 8.33 (near median its 10-year median of 9.08)
  • GF Value™: $15.75 vs. price of $19.15 (21.6% above fair value)
  • GF Score™: 97/100 with 7 warning signs
  • Industry Position: 398.8% above the Farm & Heavy Construction Machinery median (#162 of 169)

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


Epiroc AB Business Description

Address Sickla Industrivag 19, Nacka, Stockholm, SWE, 131 54
Epiroc is a global manufacturer of niche equipment and services used by mining and infrastructure customers. The company's products include hard rock drilling equipment and excavation technologies for underground and surface mining, as well as servicing and spare parts. Approximately 69% of group sales are from the aftermarket, which includes services and the sale of spare parts and consumables. Epiroc was spun out of Atlas Copco and listed as a stand-alone company on Nasdaq Stockholm in 2018.
97GF Score

Get the complete analysis for EPIPF

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

$19.15
Price
$15.75
GF Value