Bong AB (FRA:20L) Cyclically Adjusted PB Ratio: 0.08 (As of Aug. 02, 2026) — 50% Below Median

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FRA:20L Bong AB FRA:20L
37 GF Score
Price €0.02
GF Value €0.03
! 4 Warning Signs
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What is Bong AB Cyclically Adjusted PB Ratio?

Bong AB FRA:20L +8.11% 37 Cyclically Adjusted PB Ratio is 0.08 as of Aug. 02, 2026, which is 50% below its 10-year median of 0.16. GuruFocus rates FRA:20L with a GF Score™ of 37/100 and a GF Value™ of €0.03. The stock has 4 warning signs investors should review. Among 313 Packaging & Containers companies, Bong AB ranks better than 97.76% on this metric.

As of today (2026-08-02), Bong AB's current share price is €0.016. Bong AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €0.19. Bong AB's Cyclically Adjusted PB Ratio for today is 0.08.

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

FRA:20L' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.04   Med: 0.16   Max: 0.35
Current: 0.12

During the past years, Bong AB's highest Cyclically Adjusted PB Ratio was 0.35. The lowest was 0.04. And the median was 0.16.

FRA:20L's Cyclically Adjusted PB Ratio is ranked better than
97.76% of 313 companies
in the Packaging & Containers industry
Industry Median: 1.09 vs FRA:20L: 0.12

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.

Bong AB's adjusted book value per share data for the three months ended in Mar. 2026 was €0.190. 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 €0.19 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bong AB  (FRA:20L) 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.


Bong AB Cyclically Adjusted PB Ratio Related Terms


Bong AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Bong 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.

Bong AB Cyclically Adjusted PB Ratio Chart

Bong 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 0.13 0.27 0.28 0.24 0.21

Bong 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 0.20 0.23 0.20 0.21 0.19

FRA:20L vs SW, PKG, IP: Cyclically Adjusted PB Ratio Comparison

For the Packaging & Containers subindustry, Bong 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.


Bong AB Cyclically Adjusted PB Ratio vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Bong AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:20L
37GF Score
Bong AB FRA:20L
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Bong 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.016/0.19
=0.08

* 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.

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

For example, Bong 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)
=0.19/133.5600*133.5600
=0.190

Current CPI (Mar. 2026) = 133.5600.

Bong AB Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.300 101.019 0.397
201609 0.284 101.138 0.375
201612 0.282 102.022 0.369
201703 0.286 102.022 0.374
201706 0.277 102.752 0.360
201709 0.274 103.279 0.354
201712 0.272 103.793 0.350
201803 0.277 103.962 0.356
201806 0.269 104.875 0.343
201809 0.261 105.679 0.330
201812 0.219 105.912 0.276
201903 0.212 105.886 0.267
201906 0.203 106.742 0.254
201909 0.198 107.214 0.247
201912 0.199 107.766 0.247
202003 0.202 106.563 0.253
202006 0.184 107.498 0.229
202009 0.180 107.635 0.223
202012 0.160 108.296 0.197
202103 0.173 108.360 0.213
202106 0.167 108.928 0.205
202109 0.166 110.338 0.201
202112 0.170 112.486 0.202
202203 0.171 114.825 0.199
202206 0.186 118.384 0.210
202209 0.196 122.296 0.214
202212 0.206 126.365 0.218
202303 0.208 127.042 0.219
202306 0.211 129.407 0.218
202309 0.202 130.224 0.207
202312 0.196 131.912 0.198
202403 0.204 132.205 0.206
202406 0.200 132.716 0.201
202409 0.192 132.304 0.194
202412 0.197 132.987 0.198
202503 0.193 132.825 0.194
202506 0.192 133.699 0.192
202509 0.184 133.480 0.184
202512 0.186 133.390 0.186
202603 0.190 133.560 0.190

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 0.08 mean?
Bong AB (FRA:20L) has a Cyclically Adjusted PB Ratio of 0.08 as of Aug. 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 Bong AB and its competitors. This is 50% below median its historical median of 0.16. Over the past decade, Bong AB's Cyclically Adjusted PB Ratio has ranged from 0.04 to 0.35. According to the industry distribution chart, Bong AB ranks #7 out of 313 companies in the Packaging & Containers industry, placing it in the top 2.2%.
Is Bong AB's Cyclically Adjusted PB Ratio too high?
Bong AB's current Cyclically Adjusted PB Ratio of 0.08 is 50% below median its 10-year median of 0.16. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 0.35. The Packaging & Containers industry median Cyclically Adjusted PB Ratio is 1.09. Bong AB's value of 0.08 is 92.7% below this industry median. Based on the distribution chart, Bong AB ranks #7 out of 313 companies in the Packaging & Containers industry, which is in the top quartile — a strong position relative to peers. Overall, Bong AB has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does Bong AB's Cyclically Adjusted PB Ratio compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Bong AB ranks #7 out of 313 companies for Cyclically Adjusted PB Ratio. This places Bong AB in the top 2% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.09. Bong AB's value of 0.08 is 92.7% below this benchmark. Historically, Bong AB's own Cyclically Adjusted PB Ratio has ranged from 0.04 to 0.35 over the past decade. While the company's 10-year median is 0.16 vs. the industry median of 1.09, Bong 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 Packaging & Containers company?
The median Cyclically Adjusted PB Ratio among Packaging & Containers companies is 1.09, based on 313 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. Bong AB's current Cyclically Adjusted PB Ratio of 0.08 is 92.7% 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 Bong AB and its competitors. For the Packaging & Containers industry, the median Cyclically Adjusted PB Ratio is 1.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bong AB's current Cyclically Adjusted PB Ratio is 0.08, which is 50% below median its own 10-year median of 0.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bong AB stock overvalued right now?
Bong AB (FRA:20L) has a current Cyclically Adjusted PB Ratio of 0.08. The stock's GF Value™ is €0.03, compared to a current price of €0.02 — trading 46.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.08, which is 50% below median its 10-year median of 0.16 and 92.7% below the Packaging & Containers industry median of 1.09. Bong AB's overall GF Score™ is 37/100 with 4 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 Bong AB (FRA:20L), the current Cyclically Adjusted PB Ratio is 0.08 as of Aug. 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 Bong AB (FRA:20L) Overvalued in 2026?

Based on GuruFocus' analysis, Bong AB stock appears to be undervalued. The current stock price of €0.02 is trading 46.7% below its estimated GF Value™ of €0.03.

Key valuation signals for FRA:20L:

  • Cyclically Adjusted PB Ratio: 0.08 (50% below median its 10-year median of 0.16)
  • GF Value™: €0.03 vs. price of €0.02 (46.7% below fair value)
  • GF Score™: 37/100 with 4 warning signs
  • Industry Position: 92.7% below the Packaging & Containers median (#7 of 313)

No single metric tells the full story. See the FRA:20L stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bong AB Business Description

Other Exchanges BONG:Sweden
Address Uddevagen 3, Box 516, Kristianstad, SWE, SE-291 25
Bong AB is a Sweden-based company providing specialized packaging and envelope products. It also offers solutions for the distribution and packaging of information, advertising materials, and lightweight goods. It offers a variety of shapes and sizes in the envelopes, including standard and customized envelopes, gift packaging, and retail packaging products. The operating segments of the company related to its geographical areas of operations and include Nordic, Central Europe, South Europe and North Africa, and the United Kingdom. The majority of its revenue is generated from the Central Europe region, which includes revenue generated from its business in Germany, Poland, Belgium, and Romania.
37GF Score

Get the complete analysis for FRA:20L

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

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