Elon AB (FRA:16F) Cyclically Adjusted PB Ratio: 0.84 (As of Sep. 09, 2026) — 18% 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.

FRA:16F Elon AB FRA:16F
53 GF Score
Price €3.16
GF Value €2.34
! 3 Warning Signs
View Full Analysis

What is Elon AB Cyclically Adjusted PB Ratio?

Elon AB FRA:16F +21.54% 53 Cyclically Adjusted PB Ratio is 0.84 as of Sep. 09, 2026, which is 18% below its 10-year median of 1.03. GuruFocus rates FRA:16F with a GF Score™ of 53/100 and a GF Value™ of €2.34. The stock has 3 warning signs investors should review. Among 758 Retail - Cyclical companies, Elon AB ranks better than 70.32% on this metric.

As of today (2026-09-09), Elon AB's current share price is €3.16. Elon AB's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €3.77. Elon AB's Cyclically Adjusted PB Ratio for today is 0.84.

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

FRA:16F' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.35   Med: 1.03   Max: 2.31
Current: 0.68

During the past years, Elon AB's highest Cyclically Adjusted PB Ratio was 2.31. The lowest was 0.35. And the median was 1.03.

FRA:16F's Cyclically Adjusted PB Ratio is ranked better than
70.32% of 758 companies
in the Retail - Cyclical industry
Industry Median: 1.24 vs FRA:16F: 0.68

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.

Elon AB's adjusted book value per share data for the three months ended in Jun. 2026 was €2.459. 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 €3.77 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Elon AB  (FRA:16F) 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.


Elon AB Cyclically Adjusted PB Ratio Related Terms


Elon AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Elon 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.

Elon AB Cyclically Adjusted PB Ratio Chart

Elon 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 2.15 0.84 0.56 0.50 0.38

Elon 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 0.52 0.39 0.38 0.43 0.43

FRA:16F vs CASY, WSM, ULTA: Cyclically Adjusted PB Ratio Comparison

For the Specialty Retail subindustry, Elon 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.


Elon AB Cyclically Adjusted PB Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Elon AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:16F
53GF Score
Elon AB FRA:16F
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Elon 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.16/3.77
=0.84

* 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.

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

For example, Elon 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)
=2.459/134.6100*134.6100
=2.459

Current CPI (Jun. 2026) = 134.6100.

Elon AB Quarterly Data

Book Value per Share CPI Adj_Book
201609 3.745 101.138 4.984
201612 3.943 102.022 5.203
201703 4.100 102.022 5.410
201706 3.660 102.752 4.795
201709 3.855 103.279 5.024
201712 3.933 103.793 5.101
201803 3.924 103.962 5.081
201806 3.506 104.875 4.500
201809 3.515 105.679 4.477
201812 3.758 105.912 4.776
201903 3.715 105.886 4.723
201906 3.405 106.742 4.294
201909 3.483 107.214 4.373
201912 3.706 107.766 4.629
202003 3.617 106.563 4.569
202006 3.774 107.498 4.726
202009 3.930 107.635 4.915
202012 4.004 108.296 4.977
202103 4.070 108.360 5.056
202106 3.737 108.928 4.618
202109 3.857 110.338 4.705
202112 6.013 112.486 7.196
202203 4.182 114.825 4.903
202206 3.668 118.384 4.171
202209 3.735 122.296 4.111
202212 3.825 126.365 4.075
202303 3.518 127.042 3.728
202306 3.034 129.407 3.156
202309 3.002 130.224 3.103
202312 3.076 131.912 3.139
202403 3.240 132.205 3.299
202406 3.145 132.716 3.190
202409 3.187 132.304 3.243
202412 2.875 132.987 2.910
202503 3.263 132.825 3.307
202506 3.082 133.699 3.103
202509 2.236 133.480 2.255
202512 2.279 133.390 2.300
202603 2.423 133.560 2.442
202606 2.459 134.610 2.459

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 0.84 mean?
Elon AB (FRA:16F) has a Cyclically Adjusted PB Ratio of 0.84 as of Sep. 09, 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 Elon AB and its competitors. This is 18% below median its historical median of 1.03. Over the past decade, Elon AB's Cyclically Adjusted PB Ratio has ranged from 0.35 to 2.31. According to the industry distribution chart, Elon AB ranks #225 out of 758 companies in the Retail - Cyclical industry, placing it in the top 29.7%.
Is Elon AB's Cyclically Adjusted PB Ratio too high?
Elon AB's current Cyclically Adjusted PB Ratio of 0.84 is 18% below median its 10-year median of 1.03. Over the past 10 years, this metric has ranged from a low of 0.35 to a high of 2.31. The Retail - Cyclical industry median Cyclically Adjusted PB Ratio is 1.24. Elon AB's value of 0.84 is 32.3% below this industry median. Based on the distribution chart, Elon AB ranks #225 out of 758 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Elon AB has a GF Score™ of 53/100, reflecting its overall financial health beyond just this single metric.
How does Elon AB's Cyclically Adjusted PB Ratio compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Elon AB ranks #225 out of 758 companies for Cyclically Adjusted PB Ratio. This puts Elon AB in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.24. Elon AB's value of 0.84 is 32.3% below this benchmark. Historically, Elon AB's own Cyclically Adjusted PB Ratio has ranged from 0.35 to 2.31 over the past decade. While the company's 10-year median is 1.03 vs. the industry median of 1.24, Elon 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 Retail - Cyclical company?
The median Cyclically Adjusted PB Ratio among Retail - Cyclical companies is 1.24, based on 758 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. Elon AB's current Cyclically Adjusted PB Ratio of 0.84 is 32.3% 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 Elon AB and its competitors. For the Retail - Cyclical industry, the median Cyclically Adjusted PB Ratio is 1.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elon AB's current Cyclically Adjusted PB Ratio is 0.84, which is 18% below median its own 10-year median of 1.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elon AB stock overvalued right now?
Elon AB (FRA:16F) has a current Cyclically Adjusted PB Ratio of 0.84. The stock's GF Value™ is €2.34, compared to a current price of €3.16 — trading 35% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.84, which is 18% below median its 10-year median of 1.03 and 32.3% below the Retail - Cyclical industry median of 1.24. Elon AB's overall GF Score™ is 53/100 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 Elon AB (FRA:16F), the current Cyclically Adjusted PB Ratio is 0.84 as of Sep. 09, 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 Elon AB (FRA:16F) Overvalued in 2026?

Based on GuruFocus' analysis, Elon AB stock appears to be overvalued. The current stock price of €3.16 is trading 35% above its estimated GF Value™ of €2.34.

Key valuation signals for FRA:16F:

  • Cyclically Adjusted PB Ratio: 0.84 (18% below median its 10-year median of 1.03)
  • GF Value™: €2.34 vs. price of €3.16 (35% above fair value)
  • GF Score™: 53/100 with 3 warning signs
  • Industry Position: 32.3% below the Retail - Cyclical median (#225 of 758)

No single metric tells the full story. See the FRA:16F stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Elon AB Business Description

Other Exchanges ELON:Sweden
Address Hammarby Kaj 14, Stockholm, SWE
Elon AB provides consumer electronics and telecom products and services. The company offers concepts and services in trade and logistics to retail chains, e-retailers and companies in all possible industries.
53GF Score

Get the complete analysis for FRA:16F

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

€3.16
Price
€2.34
GF Value