FBGGF (Fabege AB) Cyclically Adjusted PB Ratio: 0.56 (As of Jul. 19, 2026) — 67% Below Median

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FBGGF Fabege AB FBGGF
69 GF Score
Price $8.41
GF Value $10.38
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Fabege AB Cyclically Adjusted PB Ratio?

Fabege AB FBGGF 69 Cyclically Adjusted PB Ratio is 0.56 as of Jul. 19, 2026, which is 67% below its 10-year median of 1.71. GuruFocus rates FBGGF with a GF Score™ of 69/100 and a GF Value™ of $10.38 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 1,440 Real Estate companies, Fabege AB ranks better than 57.71% on this metric.

As of today (2026-07-19), Fabege AB's current share price is $8.41. Fabege AB's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $15.13. Fabege AB's Cyclically Adjusted PB Ratio for today is 0.56.

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

FBGGF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.56   Med: 1.71   Max: 3.04
Current: 0.56

During the past years, Fabege AB's highest Cyclically Adjusted PB Ratio was 3.04. The lowest was 0.56. And the median was 1.71.

FBGGF's Cyclically Adjusted PB Ratio is ranked better than
57.71% of 1440 companies
in the Real Estate industry
Industry Median: 0.705 vs FBGGF: 0.56

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.

Fabege AB's adjusted book value per share data for the three months ended in Jun. 2026 was $12.459. 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 $15.13 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fabege AB  (OTCPK:FBGGF) 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.


Fabege AB Cyclically Adjusted PB Ratio Related Terms


Fabege AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Fabege 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.

Fabege AB Cyclically Adjusted PB Ratio Chart

Fabege 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 1.85 0.86 0.93 0.67 0.63

Fabege 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 0.66 0.61 0.63 0.57 0.56

FBGGF vs CBRE, BEKE, JLL: Cyclically Adjusted PB Ratio Comparison

For the Real Estate Services subindustry, Fabege 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.


Fabege AB Cyclically Adjusted PB Ratio vs Real Estate Industry

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

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


FBGGF
69GF Score
Fabege AB FBGGF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fabege 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=8.41/15.13
=0.56

* 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.

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

For example, Fabege 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)
=12.459/134.1100*134.1100
=12.459

Current CPI (Jun. 2026) = 134.1100.

Fabege AB Quarterly Data

Book Value per Share CPI Adj_Book
201609 7.174 101.138 9.513
201612 7.553 102.022 9.929
201703 7.894 102.022 10.377
201706 8.499 102.752 11.093
201709 10.039 103.279 13.036
201712 10.071 103.793 13.013
201803 11.208 103.962 14.458
201806 11.125 104.875 14.226
201809 11.313 105.679 14.357
201812 11.688 105.912 14.800
201903 11.728 105.886 14.854
201906 11.826 106.742 14.858
201909 11.703 107.214 14.639
201912 12.818 107.766 15.951
202003 12.770 106.563 16.071
202006 13.497 107.498 16.838
202009 14.027 107.635 17.477
202012 15.227 108.296 18.857
202103 14.806 108.360 18.324
202106 15.501 108.928 19.085
202109 15.452 110.338 18.781
202112 15.466 112.486 18.439
202203 15.191 114.825 17.742
202206 14.999 118.384 16.992
202209 14.053 122.296 15.411
202212 13.941 126.365 14.795
202303 13.101 127.042 13.830
202306 12.464 129.407 12.917
202309 11.824 130.224 12.177
202312 12.162 131.912 12.365
202403 11.769 132.205 11.939
202406 11.518 132.716 11.639
202409 11.812 132.304 11.973
202412 11.125 132.987 11.219
202503 12.014 132.825 12.130
202506 12.501 133.699 12.539
202509 12.769 133.480 12.829
202512 12.818 133.390 12.887
202603 12.828 133.560 12.881
202606 12.459 134.110 12.459

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 0.56 mean?
Fabege AB (FBGGF) has a Cyclically Adjusted PB Ratio of 0.56 as of Jul. 19, 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 Fabege AB and its competitors. This is 67% below median its historical median of 1.71. Over the past decade, Fabege AB's Cyclically Adjusted PB Ratio has ranged from 0.56 to 3.04. According to the industry distribution chart, Fabege AB ranks #609 out of 1440 companies in the Real Estate industry, placing it in the top 42.3%.
Is Fabege AB's Cyclically Adjusted PB Ratio too high?
Fabege AB's current Cyclically Adjusted PB Ratio of 0.56 is 67% below median its 10-year median of 1.71. Over the past 10 years, this metric has ranged from a low of 0.56 to a high of 3.04. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.71. Fabege AB's value of 0.56 is 20.6% below this industry median. Based on the distribution chart, Fabege AB ranks #609 out of 1440 companies in the Real Estate industry, which is above the industry midpoint. Overall, Fabege AB has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fabege AB's Cyclically Adjusted PB Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Fabege AB ranks #609 out of 1440 companies for Cyclically Adjusted PB Ratio. This puts Fabege AB in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.71. Fabege AB's value of 0.56 is 20.6% below this benchmark. Historically, Fabege AB's own Cyclically Adjusted PB Ratio has ranged from 0.56 to 3.04 over the past decade. While the company's 10-year median is 1.71 vs. the industry median of 0.71, Fabege AB has consistently been below 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 0.71, based on 1,440 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. Fabege AB's current Cyclically Adjusted PB Ratio of 0.56 is 20.6% below 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 Fabege AB and its competitors. For the Real Estate industry, the median Cyclically Adjusted PB Ratio is 0.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fabege AB's current Cyclically Adjusted PB Ratio is 0.56, which is 67% below median its own 10-year median of 1.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fabege AB stock overvalued right now?
Based on GuruFocus' analysis, Fabege AB (FBGGF) is currently considered Modestly Undervalued. The stock's GF Value™ is $10.38, compared to a current price of $8.41 — trading 19% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.56, which is 67% below median its 10-year median of 1.71 and 20.6% below the Real Estate industry median of 0.71. Fabege AB's overall GF Score™ is 69/100 with 8 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 Fabege AB (FBGGF), the current Cyclically Adjusted PB Ratio is 0.56 as of Jul. 19, 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 Fabege AB (FBGGF) Overvalued in 2026?

Based on GuruFocus' analysis, Fabege AB stock appears to be undervalued. The current stock price of $8.41 is trading 19% below its estimated GF Value™ of $10.38. GuruFocus considers Fabege AB to be Modestly Undervalued.

Key valuation signals for FBGGF:

  • Cyclically Adjusted PB Ratio: 0.56 (67% below median its 10-year median of 1.71)
  • GF Value™: $10.38 vs. price of $8.41 (19% below fair value)
  • GF Score™: 69/100 with 8 warning signs
  • Industry Position: 20.6% below the Real Estate median (#609 of 1440)

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


Fabege AB Business Description

Address Gardsvagen 6, Box 730, Solna, Stockholm, SWE, SE-169 27
Fabege AB is a real estate company that focuses on commercial properties. Fabege works to develop modern offices, housing, and a broad range of services with strategic partners. The company reports four core segments: Property management, which rents properties to long-term tenants; Property development, which improves and redesigns properties according to tenant requirements; Birger Bostad segment constructs residential properties and Birger Bostad; and Business Development/Transactions. The majority is from the Property Management segment. It generates all its revenue in Stockholm, Solna, and surrounding areas in Sweden.
69GF Score

Get the complete analysis for FBGGF

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

$8.41
Price
$10.38
GF Value