Europris ASA (FRA:2RG) Cyclically Adjusted PB Ratio: 4.50 (As of Jul. 15, 2026) — 12% Below Median

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FRA:2RG Europris ASA FRA:2RG
89 GF Score
Price €7.16
GF Value €8.81
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Europris ASA Cyclically Adjusted PB Ratio?

Europris ASA FRA:2RG -0.28% 89 Cyclically Adjusted PB Ratio is 4.50 as of Jul. 15, 2026, which is 12% below its 10-year median of 5.13. GuruFocus rates FRA:2RG with a GF Score™ of 89/100 and a GF Value™ of €8.81 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 235 Retail - Defensive companies, Europris ASA ranks worse than 79.57% on this metric.

As of today (2026-07-15), Europris ASA's current share price is €7.16. Europris ASA's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €1.59. Europris ASA's Cyclically Adjusted PB Ratio for today is 4.50.

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

FRA:2RG' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.31   Med: 5.13   Max: 6.27
Current: 4.46

During the past years, Europris ASA's highest Cyclically Adjusted PB Ratio was 6.27. The lowest was 4.31. And the median was 5.13.

FRA:2RG's Cyclically Adjusted PB Ratio is ranked worse than
79.57% of 235 companies
in the Retail - Defensive industry
Industry Median: 1.62 vs FRA:2RG: 4.46

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.

Europris ASA's adjusted book value per share data for the three months ended in Jun. 2026 was €2.172. 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 €1.59 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Europris ASA  (FRA:2RG) 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.


Europris ASA Cyclically Adjusted PB Ratio Related Terms


Europris ASA Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Europris ASA'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.

Europris ASA Cyclically Adjusted PB Ratio Chart

Europris ASA 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 0.00 0.00 5.42 4.71 5.55

Europris ASA 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 5.19 6.01 5.55 5.12 4.85

FRA:2RG vs WMT, COST, TGT: Cyclically Adjusted PB Ratio Comparison

For the Discount Stores subindustry, Europris ASA'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.


Europris ASA Cyclically Adjusted PB Ratio vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Europris ASA's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:2RG
89GF Score
Europris ASA FRA:2RG
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Europris ASA 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.

Europris ASA's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=7.16/1.59
=4.50

* 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.

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

For example, Europris ASA'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)
=2.172/141.5800*141.5800
=2.172

Current CPI (Jun. 2026) = 141.5800.

Europris ASA Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.976 104.200 1.326
201612 1.133 104.400 1.536
201703 1.124 105.000 1.516
201706 0.947 105.800 1.267
201709 1.005 105.900 1.344
201712 1.073 106.100 1.432
201803 1.108 107.300 1.462
201806 1.028 108.500 1.341
201809 1.035 109.500 1.338
201812 1.128 109.800 1.454
201903 1.122 110.400 1.439
201906 0.994 110.600 1.272
201909 1.031 111.100 1.314
201912 1.190 111.300 1.514
202003 1.054 111.200 1.342
202006 1.068 112.100 1.349
202009 1.169 112.900 1.466
202012 1.299 112.900 1.629
202103 1.422 114.600 1.757
202106 1.327 115.300 1.629
202109 1.299 117.500 1.565
202112 1.604 118.900 1.910
202203 1.729 119.800 2.043
202206 1.441 122.600 1.664
202209 1.544 125.600 1.740
202212 1.757 125.900 1.976
202303 1.823 127.600 2.023
202306 1.575 130.400 1.710
202309 1.687 129.800 1.840
202312 1.922 131.900 2.063
202403 1.942 132.600 2.074
202406 1.885 133.800 1.995
202409 1.878 133.700 1.989
202412 2.110 134.800 2.216
202503 2.108 136.100 2.193
202506 1.943 137.800 1.996
202509 2.011 138.500 2.056
202512 2.226 139.100 2.266
202603 2.351 141.030 2.360
202606 2.172 141.580 2.172

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 4.50 mean?
Europris ASA (FRA:2RG) has a Cyclically Adjusted PB Ratio of 4.50 as of Jul. 15, 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 Europris ASA and its competitors. This is 12% below median its historical median of 5.13. Over the past decade, Europris ASA's Cyclically Adjusted PB Ratio has ranged from 4.31 to 6.27. According to the industry distribution chart, Europris ASA ranks #187 out of 235 companies in the Retail - Defensive industry, placing it in the top 79.6%.
Is Europris ASA's Cyclically Adjusted PB Ratio too high?
Europris ASA's current Cyclically Adjusted PB Ratio of 4.50 is 12% below median its 10-year median of 5.13. Over the past 10 years, this metric has ranged from a low of 4.31 to a high of 6.27. The Retail - Defensive industry median Cyclically Adjusted PB Ratio is 1.62. Europris ASA's value of 4.50 is 177.8% above this industry median. Based on the distribution chart, Europris ASA ranks #187 out of 235 companies in the Retail - Defensive industry, which is in the bottom quartile relative to peers. Overall, Europris ASA has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Europris ASA's Cyclically Adjusted PB Ratio compare to WMT and COST?
According to the Retail - Defensive industry distribution chart, Europris ASA ranks #187 out of 235 companies for Cyclically Adjusted PB Ratio. This places Europris ASA in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.62. Europris ASA's value of 4.50 is 177.8% above this benchmark. Historically, Europris ASA's own Cyclically Adjusted PB Ratio has ranged from 4.31 to 6.27 over the past decade. While the company's 10-year median is 5.13 vs. the industry median of 1.62, Europris ASA 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 Retail - Defensive company?
The median Cyclically Adjusted PB Ratio among Retail - Defensive companies is 1.62, based on 235 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. Europris ASA's current Cyclically Adjusted PB Ratio of 4.50 is 177.8% 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 Europris ASA and its competitors. For the Retail - Defensive industry, the median Cyclically Adjusted PB Ratio is 1.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Europris ASA's current Cyclically Adjusted PB Ratio is 4.50, which is 12% below median its own 10-year median of 5.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Europris ASA stock overvalued right now?
Based on GuruFocus' analysis, Europris ASA (FRA:2RG) is currently considered Modestly Undervalued. The stock's GF Value™ is €8.81, compared to a current price of €7.16 — trading 18.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 4.50, which is 12% below median its 10-year median of 5.13 and 177.8% above the Retail - Defensive industry median of 1.62. Europris ASA's overall GF Score™ is 89/100 with 5 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 Europris ASA (FRA:2RG), the current Cyclically Adjusted PB Ratio is 4.50 as of Jul. 15, 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 Europris ASA (FRA:2RG) Overvalued in 2026?

Based on GuruFocus' analysis, Europris ASA stock appears to be undervalued. The current stock price of €7.16 is trading 18.7% below its estimated GF Value™ of €8.81. GuruFocus considers Europris ASA to be Modestly Undervalued.

Key valuation signals for FRA:2RG:

  • Cyclically Adjusted PB Ratio: 4.50 (12% below median its 10-year median of 5.13)
  • GF Value™: €8.81 vs. price of €7.16 (18.7% below fair value)
  • GF Score™: 89/100 with 5 warning signs
  • Industry Position: 177.8% above the Retail - Defensive median (#187 of 235)

No single metric tells the full story. See the FRA:2RG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Europris ASA Business Description

Address Dikeveien 57, P O Box 1421, Rolvsoy, NOR, NO-1661
Europris ASA is a Norwegian discount store company. The group consists of two segments, Norway and Sweden. The Norwegian segment includes Europris ASA, Europris Holding AS, Europris AS, Europris Butikkdrift AS, Lekekassen Holding AS, and Strikkemekka Holding AS. The Swedish segment consists of Runsvengruppen AB, OoB AB, Runsven AB, Runsven Fastighets AB, and OoB Finans AB. The group operates a chain of stores in the discount variety retail sector and online stores that sell consumer goods, including sales to franchise stores. Retail sales are usually settled in cash or by debit or credit cards.
89GF Score

Get the complete analysis for FRA:2RG

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

€7.16
Price
€8.81
GF Value