ITAB Group AB (FRA:29I0) Cyclically Adjusted PB Ratio: 1.04 (As of Aug. 26, 2026) — Near Median

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FRA:29I0 ITAB Group AB FRA:29I0
77 GF Score
Price €1.37
GF Value €2.31
! 3 Warning Signs
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What is ITAB Group AB Cyclically Adjusted PB Ratio?

ITAB Group AB FRA:29I0 +3.95% 77 Cyclically Adjusted PB Ratio is 1.04 as of Aug. 26, 2026, which is 7% below its 10-year median of 1.12. GuruFocus rates FRA:29I0 with a GF Score™ of 77/100 and a GF Value™ of €2.31. The stock has 3 warning signs investors should review. Among 2,112 Industrial Products companies, ITAB Group AB ranks better than 75.47% on this metric.

As of today (2026-08-26), ITAB Group AB's current share price is €1.368. ITAB Group AB's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €1.32. ITAB Group AB's Cyclically Adjusted PB Ratio for today is 1.04.

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

FRA:29I0' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.38   Med: 1.12   Max: 4.97
Current: 0.98

During the past years, ITAB Group AB's highest Cyclically Adjusted PB Ratio was 4.97. The lowest was 0.38. And the median was 1.12.

FRA:29I0's Cyclically Adjusted PB Ratio is ranked better than
75.47% of 2112 companies
in the Industrial Products industry
Industry Median: 2.1 vs FRA:29I0: 0.98

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.

ITAB Group AB's adjusted book value per share data for the three months ended in Jun. 2026 was €1.569. 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 €1.32 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


ITAB Group AB  (FRA:29I0) 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.


ITAB Group AB Cyclically Adjusted PB Ratio Related Terms


ITAB Group AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for ITAB Group 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.

ITAB Group AB Cyclically Adjusted PB Ratio Chart

ITAB Group 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 0.96 0.86 0.87 1.44 1.18

ITAB Group 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 1.55 1.14 1.18 0.91 0.93

ITAB Group AB Cyclically Adjusted PB Ratio Competitor Comparison

For the Business Equipment & Supplies subindustry, ITAB Group 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.


ITAB Group AB Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, ITAB Group AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:29I0
77GF Score
ITAB Group AB FRA:29I0
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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ITAB Group 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.368/1.32
=1.04

* 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.

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

For example, ITAB Group 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)
=1.569/134.6100*134.6100
=1.569

Current CPI (Jun. 2026) = 134.6100.

ITAB Group AB Quarterly Data

Book Value per Share CPI Adj_Book
201609 1.050 101.138 1.398
201612 1.061 102.022 1.400
201703 1.623 102.022 2.141
201706 1.459 102.752 1.911
201709 1.581 103.279 2.061
201712 1.142 103.793 1.481
201803 1.193 103.962 1.545
201806 1.096 104.875 1.407
201809 1.000 105.679 1.274
201812 0.979 105.912 1.244
201903 1.038 105.886 1.320
201906 1.147 106.742 1.446
201909 1.165 107.214 1.463
201912 1.137 107.766 1.420
202003 1.121 106.563 1.416
202006 1.035 107.498 1.296
202009 1.046 107.635 1.308
202012 1.077 108.296 1.339
202103 1.152 108.360 1.431
202106 1.157 108.928 1.430
202109 1.170 110.338 1.427
202112 1.185 112.486 1.418
202203 1.195 114.825 1.401
202206 1.252 118.384 1.424
202209 1.254 122.296 1.380
202212 1.256 126.365 1.338
202303 1.250 127.042 1.324
202306 1.209 129.407 1.258
202309 1.196 130.224 1.236
202312 1.253 131.912 1.279
202403 1.321 132.205 1.345
202406 1.297 132.716 1.316
202409 1.360 132.304 1.384
202412 1.417 132.987 1.434
202503 1.467 132.825 1.487
202506 1.449 133.699 1.459
202509 1.485 133.480 1.498
202512 1.503 133.390 1.517
202603 1.569 133.560 1.581
202606 1.569 134.610 1.569

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 1.04 mean?
ITAB Group AB (FRA:29I0) has a Cyclically Adjusted PB Ratio of 1.04 as of Aug. 26, 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 ITAB Group AB and its competitors. This is near median its historical median of 1.12. Over the past decade, ITAB Group AB's Cyclically Adjusted PB Ratio has ranged from 0.38 to 4.97. According to the industry distribution chart, ITAB Group AB ranks #518 out of 2112 companies in the Industrial Products industry, placing it in the top 24.5%.
Is ITAB Group AB's Cyclically Adjusted PB Ratio too high?
ITAB Group AB's current Cyclically Adjusted PB Ratio of 1.04 is near median its 10-year median of 1.12. Over the past 10 years, this metric has ranged from a low of 0.38 to a high of 4.97. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.10. ITAB Group AB's value of 1.04 is 50.5% below this industry median. Based on the distribution chart, ITAB Group AB ranks #518 out of 2112 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, ITAB Group AB has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does ITAB Group AB's Cyclically Adjusted PB Ratio compare to competitors?
According to the Industrial Products industry distribution chart, ITAB Group AB ranks #518 out of 2112 companies for Cyclically Adjusted PB Ratio. This places ITAB Group AB in the top 25% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 2.10. ITAB Group AB's value of 1.04 is 50.5% below this benchmark. Historically, ITAB Group AB's own Cyclically Adjusted PB Ratio has ranged from 0.38 to 4.97 over the past decade. While the company's 10-year median is 1.12 vs. the industry median of 2.10, ITAB Group 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 an Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.10, based on 2,112 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. ITAB Group AB's current Cyclically Adjusted PB Ratio of 1.04 is 50.5% 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 ITAB Group AB and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ITAB Group AB's current Cyclically Adjusted PB Ratio is 1.04, which is near median its own 10-year median of 1.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ITAB Group AB stock overvalued right now?
ITAB Group AB (FRA:29I0) has a current Cyclically Adjusted PB Ratio of 1.04. The stock's GF Value™ is €2.31, compared to a current price of €1.37 — trading 40.8% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.04, which is near median its 10-year median of 1.12 and 50.5% below the Industrial Products industry median of 2.10. ITAB Group AB's overall GF Score™ is 77/100 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 ITAB Group AB (FRA:29I0), the current Cyclically Adjusted PB Ratio is 1.04 as of Aug. 26, 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 ITAB Group AB (FRA:29I0) Overvalued in 2026?

Based on GuruFocus' analysis, ITAB Group AB stock appears to be undervalued. The current stock price of €1.37 is trading 40.8% below its estimated GF Value™ of €2.31.

Key valuation signals for FRA:29I0:

  • Cyclically Adjusted PB Ratio: 1.04 (near median its 10-year median of 1.12)
  • GF Value™: €2.31 vs. price of €1.37 (40.8% below fair value)
  • GF Score™: 77/100 with 3 warning signs
  • Industry Position: 50.5% below the Industrial Products median (#518 of 2112)

No single metric tells the full story. See the FRA:29I0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ITAB Group AB Business Description

Other Exchanges ITAB:Sweden0RGW:UK
Address Instrumentvagen 2, Box 9054, Jonkoping, SWE, 550 09
ITAB Group AB is the European solution provider in design, interiors, technology and lighting systems for retail stores. Its portfolio of brands include ITAB, HMY, Checkmark, Imola Retail Solutions (IRS), Blink, and others. The company provides retail solutions and related services for physical store environments. Its operations include consultative design services, custom-made interiors, self-service and self-checkout solutions, smart gates and guidance systems, traditional checkout systems, lighting systems, and interactive digital solutions for retail stores. The Group also works with customers and partners to develop retail and consumer experience solutions.
77GF Score

Get the complete analysis for FRA:29I0

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

€1.37
Price
€2.31
GF Value