Doxa AB (FRA:1DO) Cyclically Adjusted PB Ratio: 2.70 (As of Jul. 29, 2026) — 38% Above Median

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FRA:1DO Doxa AB FRA:1DO
21 GF Score
Price €0.03
GF Value €0.07
! 6 Warning Signs
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What is Doxa AB Cyclically Adjusted PB Ratio?

Doxa AB FRA:1DO -1.82% 21 Cyclically Adjusted PB Ratio is 2.70 as of Jul. 29, 2026, which is 38% above its 10-year median of 1.96. GuruFocus rates FRA:1DO with a GF Score™ of 21/100 and a GF Value™ of €0.07. The stock has 6 warning signs investors should review. Among 1,422 Real Estate companies, Doxa AB ranks better than 82.28% on this metric.

As of today (2026-07-29), Doxa AB's current share price is €0.027. Doxa AB's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €0.01. Doxa AB's Cyclically Adjusted PB Ratio for today is 2.70.

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

FRA:1DO' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.2   Med: 1.96   Max: 63.67
Current: 0.2

During the past years, Doxa AB's highest Cyclically Adjusted PB Ratio was 63.67. The lowest was 0.20. And the median was 1.96.

FRA:1DO's Cyclically Adjusted PB Ratio is ranked better than
82.28% of 1422 companies
in the Real Estate industry
Industry Median: 0.69 vs FRA:1DO: 0.20

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.

Doxa AB's adjusted book value per share data for the three months ended in Jun. 2026 was €0.136. 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 €0.01 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Doxa AB  (FRA:1DO) 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.


Doxa AB Cyclically Adjusted PB Ratio Related Terms


Doxa AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Doxa 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.

Doxa AB Cyclically Adjusted PB Ratio Chart

Doxa 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 33.08 4.55 2.04 0.46 0.26

Doxa 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 0.26 0.32 0.26 0.23 0.23

Doxa AB Cyclically Adjusted PB Ratio Competitor Comparison

For the Real Estate - Development subindustry, Doxa 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.


Doxa AB Cyclically Adjusted PB Ratio vs Real Estate Industry

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

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


FRA:1DO
21GF Score
Doxa AB FRA:1DO
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Doxa 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.027/0.01
=2.70

* 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.

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

For example, Doxa 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)
=0.136/134.1100*134.1100
=0.136

Current CPI (Jun. 2026) = 134.1100.

Doxa AB Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.002 101.138 0.003
201612 0.000 102.022 0.000
201703 -0.005 102.022 -0.007
201706 -0.010 102.752 -0.013
201709 -0.014 103.279 -0.018
201712 0.011 103.793 0.014
201803 0.008 103.962 0.010
201806 0.021 104.875 0.027
201809 0.019 105.679 0.024
201812 0.018 105.912 0.023
201903 0.016 105.886 0.020
201906 0.014 106.742 0.018
201909 0.008 107.214 0.010
201912 0.008 107.766 0.010
202003 0.005 106.563 0.006
202006 0.002 107.498 0.002
202009 -0.002 107.635 -0.002
202012 0.008 108.296 0.010
202103 0.005 108.360 0.006
202106 0.062 108.928 0.076
202109 0.094 110.338 0.114
202112 0.317 112.486 0.378
202203 0.457 114.825 0.534
202206 0.476 118.384 0.539
202209 0.473 122.296 0.519
202212 0.434 126.365 0.461
202303 0.419 127.042 0.442
202306 0.417 129.407 0.432
202309 0.496 130.224 0.511
202312 0.400 131.912 0.407
202403 0.357 132.205 0.362
202406 0.341 132.716 0.345
202409 0.226 132.304 0.229
202412 0.156 132.987 0.157
202503 0.161 132.825 0.163
202506 0.152 133.699 0.152
202509 0.146 133.480 0.147
202512 0.141 133.390 0.142
202603 0.141 133.560 0.142
202606 0.136 134.110 0.136

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 2.70 mean?
Doxa AB (FRA:1DO) has a Cyclically Adjusted PB Ratio of 2.70 as of Jul. 29, 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 Doxa AB and its competitors. This is 38% above median its historical median of 1.96. Over the past decade, Doxa AB's Cyclically Adjusted PB Ratio has ranged from 0.20 to 63.67. According to the industry distribution chart, Doxa AB ranks #252 out of 1422 companies in the Real Estate industry, placing it in the top 17.7%.
Is Doxa AB's Cyclically Adjusted PB Ratio too high?
Doxa AB's current Cyclically Adjusted PB Ratio of 2.70 is 38% above median its 10-year median of 1.96. Over the past 10 years, this metric has ranged from a low of 0.20 to a high of 63.67. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.69. Doxa AB's value of 2.70 is 291.3% above this industry median. Based on the distribution chart, Doxa AB ranks #252 out of 1422 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Doxa AB has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Doxa AB's Cyclically Adjusted PB Ratio compare to competitors?
According to the Real Estate industry distribution chart, Doxa AB ranks #252 out of 1422 companies for Cyclically Adjusted PB Ratio. This places Doxa AB in the top 18% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 0.69. Doxa AB's value of 2.70 is 291.3% above this benchmark. Historically, Doxa AB's own Cyclically Adjusted PB Ratio has ranged from 0.20 to 63.67 over the past decade. While the company's 10-year median is 1.96 vs. the industry median of 0.69, Doxa 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 1,422 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. Doxa AB's current Cyclically Adjusted PB Ratio of 2.70 is 291.3% 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 Doxa 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. Doxa AB's current Cyclically Adjusted PB Ratio is 2.70, which is 38% above median its own 10-year median of 1.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Doxa AB stock overvalued right now?
Doxa AB (FRA:1DO) has a current Cyclically Adjusted PB Ratio of 2.70. The stock's GF Value™ is €0.07, compared to a current price of €0.03 — trading 61.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.70, which is 38% above median its 10-year median of 1.96 and 291.3% above the Real Estate industry median of 0.69. Doxa AB's overall GF Score™ is 21/100 with 6 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 Doxa AB (FRA:1DO), the current Cyclically Adjusted PB Ratio is 2.70 as of Jul. 29, 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 Doxa AB (FRA:1DO) Overvalued in 2026?

Based on GuruFocus' analysis, Doxa AB stock appears to be undervalued. The current stock price of €0.03 is trading 61.4% below its estimated GF Value™ of €0.07.

Key valuation signals for FRA:1DO:

  • Cyclically Adjusted PB Ratio: 2.70 (38% above median its 10-year median of 1.96)
  • GF Value™: €0.07 vs. price of €0.03 (61.4% below fair value)
  • GF Score™: 21/100 with 6 warning signs
  • Industry Position: 291.3% above the Real Estate median (#252 of 1422)

No single metric tells the full story. See the FRA:1DO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Doxa AB Business Description

Other Exchanges DOXA:Sweden
Address Hyllie Station Square 2, Uppsala, SWE, 215 32
Doxa AB is engaged in acquiring, developing, refining, and selling properties and development projects. The company consists of a development area around Karlatornet in Gothenburg with building rights in four blocks, garages and an observation deck in Karlatornet.
21GF Score

Get the complete analysis for FRA:1DO

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

€0.03
Price
€0.07
GF Value