EVVTY (Evolution AB) Cyclically Adjusted PB Ratio: 5.82 (As of Jul. 12, 2026) — 42% Below Median


EVVTY Evolution AB EVVTY
95 GF Score
Price $70.78
GF Value $113.04
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Evolution AB Cyclically Adjusted PB Ratio?

Evolution AB EVVTY +0.37% 95 Cyclically Adjusted PB Ratio is 5.82 as of Jul. 12, 2026, which is 42% below its 10-year median of 10.07. GuruFocus rates EVVTY with a GF Score™ of 95/100 and a GF Value™ of $113.04 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 652 Travel & Leisure companies, Evolution AB ranks worse than 89.88% on this metric.

As of today (2026-07-12), Evolution AB's current share price is $70.78. Evolution AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $12.16. Evolution AB's Cyclically Adjusted PB Ratio for today is 5.82.

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

EVVTY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.83   Med: 10.07   Max: 23.37
Current: 5.98

During the past years, Evolution AB's highest Cyclically Adjusted PB Ratio was 23.37. The lowest was 4.83. And the median was 10.07.

EVVTY's Cyclically Adjusted PB Ratio is ranked worse than
89.88% of 652 companies
in the Travel & Leisure industry
Industry Median: 1.23 vs EVVTY: 5.98

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.

Evolution AB's adjusted book value per share data for the three months ended in Mar. 2026 was $24.950. 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 $12.16 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Evolution AB  (OTCPK:EVVTY) 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.


Evolution AB Cyclically Adjusted PB Ratio Related Terms


Evolution AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Evolution 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.

Evolution AB Cyclically Adjusted PB Ratio Chart

Evolution 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 16.97 9.81 5.81

Evolution 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 8.07 7.67 7.51 5.81 5.12

EVVTY vs FLUT, DKNG, SGHC: Cyclically Adjusted PB Ratio Comparison

For the Gambling subindustry, Evolution 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.


Evolution AB Cyclically Adjusted PB Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Evolution AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


EVVTY
95GF Score
Evolution AB EVVTY
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Evolution 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=70.78/12.16
=5.82

* 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.

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

For example, Evolution 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)
=24.95/133.5600*133.5600
=24.950

Current CPI (Mar. 2026) = 133.5600.

Evolution AB Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.296 101.019 0.391
201609 0.342 101.138 0.452
201612 0.375 102.022 0.491
201703 0.456 102.022 0.597
201706 0.469 102.752 0.610
201709 0.609 103.279 0.788
201712 0.723 103.793 0.930
201803 0.867 103.962 1.114
201806 0.744 104.875 0.948
201809 0.886 105.679 1.120
201812 1.026 105.912 1.294
201903 1.200 105.886 1.514
201906 1.144 106.742 1.431
201909 1.421 107.214 1.770
201912 1.718 107.766 2.129
202003 2.007 106.563 2.515
202006 2.005 107.498 2.491
202009 2.596 107.635 3.221
202012 15.620 108.296 19.264
202103 15.847 108.360 19.532
202106 16.958 108.928 20.793
202109 17.361 110.338 21.015
202112 16.911 112.486 20.079
202203 17.012 114.825 19.788
202206 15.456 118.384 17.437
202209 15.354 122.296 16.768
202212 17.193 126.365 18.172
202303 18.424 127.042 19.369
202306 17.324 129.407 17.880
202309 18.709 130.224 19.188
202312 20.457 131.912 20.713
202403 20.258 132.205 20.466
202406 18.763 132.716 18.882
202409 20.080 132.304 20.271
202412 20.134 132.987 20.221
202503 22.128 132.825 22.251
202506 21.148 133.699 21.126
202509 22.321 133.480 22.334
202512 23.959 133.390 23.990
202603 24.950 133.560 24.950

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 5.82 mean?
Evolution AB (EVVTY) has a Cyclically Adjusted PB Ratio of 5.82 as of Jul. 12, 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 Evolution AB and its competitors. This is 42% below median its historical median of 10.07. Over the past decade, Evolution AB's Cyclically Adjusted PB Ratio has ranged from 4.83 to 23.37. According to the industry distribution chart, Evolution AB ranks #586 out of 652 companies in the Travel & Leisure industry, placing it in the top 89.9%.
Is Evolution AB's Cyclically Adjusted PB Ratio too high?
Evolution AB's current Cyclically Adjusted PB Ratio of 5.82 is 42% below median its 10-year median of 10.07. Over the past 10 years, this metric has ranged from a low of 4.83 to a high of 23.37. The Travel & Leisure industry median Cyclically Adjusted PB Ratio is 1.23. Evolution AB's value of 5.82 is 373.2% above this industry median. Based on the distribution chart, Evolution AB ranks #586 out of 652 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Evolution AB has a GF Score™ of 95/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Evolution AB's Cyclically Adjusted PB Ratio compare to FLUT and DKNG?
According to the Travel & Leisure industry distribution chart, Evolution AB ranks #586 out of 652 companies for Cyclically Adjusted PB Ratio. This places Evolution AB in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.23. Evolution AB's value of 5.82 is 373.2% above this benchmark. Historically, Evolution AB's own Cyclically Adjusted PB Ratio has ranged from 4.83 to 23.37 over the past decade. While the company's 10-year median is 10.07 vs. the industry median of 1.23, Evolution 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 Travel & Leisure company?
The median Cyclically Adjusted PB Ratio among Travel & Leisure companies is 1.23, based on 652 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. Evolution AB's current Cyclically Adjusted PB Ratio of 5.82 is 373.2% 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 Evolution AB and its competitors. For the Travel & Leisure industry, the median Cyclically Adjusted PB Ratio is 1.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Evolution AB's current Cyclically Adjusted PB Ratio is 5.82, which is 42% below median its own 10-year median of 10.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Evolution AB stock overvalued right now?
Based on GuruFocus' analysis, Evolution AB (EVVTY) is currently considered Significantly Undervalued. The stock's GF Value™ is $113.04, compared to a current price of $70.78 — trading 37.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 5.82, which is 42% below median its 10-year median of 10.07 and 373.2% above the Travel & Leisure industry median of 1.23. Evolution AB's overall GF Score™ is 95/100 with 1 warning sign 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 Evolution AB (EVVTY), the current Cyclically Adjusted PB Ratio is 5.82 as of Jul. 12, 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 Evolution AB (EVVTY) Overvalued in 2026?

Based on GuruFocus' analysis, Evolution AB stock appears to be undervalued. The current stock price of $70.78 is trading 37.4% below its estimated GF Value™ of $113.04. GuruFocus considers Evolution AB to be Significantly Undervalued.

Key valuation signals for EVVTY:

  • Cyclically Adjusted PB Ratio: 5.82 (42% below median its 10-year median of 10.07)
  • GF Value™: $113.04 vs. price of $70.78 (37.4% below fair value)
  • GF Score™: 95/100 with 1 warning sign
  • Industry Position: 373.2% above the Travel & Leisure median (#586 of 652)

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


Evolution AB Business Description

Address Hamngatan 11, Stockholm, SWE, 111 47
Evolution AB develops, produces, markets, and licenses fully integrated live casino and slots solutions to gaming operators. In live casino, a game presenter (dealer) runs the game from a casino table, which is followed in real time via a video stream, while players place bets on devices such as computers, smartphones, and tablets. Its games include Live Casino, Slots, Game Shows, First Person, Live Blackjack, Live Roulette, Live Baccarat, Super Sic Bo & Dragon Tiger, Live Poker, and Land-Based games. The Company innovates, develops, and produces online casino content on a B2B basis and generates maximum revenue from Europe, followed by North America and other regions.
95GF Score

Get the complete analysis for EVVTY

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

$70.78
Price
$113.04
GF Value