Aqua Bio Technology ASA (FRA:3FZ0) Cyclically Adjusted PB Ratio: 0.01 (As of Aug. 08, 2026) — 83% Below Median

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FRA:3FZ0 Aqua Bio Technology ASA FRA:3FZ0
37 GF Score
Price €0.42
GF Value €0.32
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Aqua Bio Technology ASA Cyclically Adjusted PB Ratio?

Aqua Bio Technology ASA FRA:3FZ0 +1.94% 37 Cyclically Adjusted PB Ratio is 0.01 as of Aug. 08, 2026, which is 83% below its 10-year median of 0.06. GuruFocus rates FRA:3FZ0 with a GF Score™ of 37/100 and a GF Value™ of €0.32 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 697 Biotechnology companies, Aqua Bio Technology ASA ranks better than 99.86% on this metric.

As of today (2026-08-08), Aqua Bio Technology ASA's current share price is €0.421. Aqua Bio Technology ASA's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was €42.49. Aqua Bio Technology ASA's Cyclically Adjusted PB Ratio for today is 0.01.

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

FRA:3FZ0' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.06   Max: 0.36
Current: 0.01

During the past years, Aqua Bio Technology ASA's highest Cyclically Adjusted PB Ratio was 0.36. The lowest was 0.01. And the median was 0.06.

FRA:3FZ0's Cyclically Adjusted PB Ratio is ranked better than
99.86% of 697 companies
in the Biotechnology industry
Industry Median: 1.6 vs FRA:3FZ0: 0.01

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.

Aqua Bio Technology ASA's adjusted book value per share data for the three months ended in Dec. 2025 was €-0.013. 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 €42.49 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aqua Bio Technology ASA  (FRA:3FZ0) 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.


Aqua Bio Technology ASA Cyclically Adjusted PB Ratio Related Terms


Aqua Bio Technology ASA Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Aqua Bio Technology 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.

Aqua Bio Technology ASA Cyclically Adjusted PB Ratio Chart

Aqua Bio Technology 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 1.09 0.75 0.35 0.23 0.06

Aqua Bio Technology ASA Quarterly Data
Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Sep24 Dec24 Jun25 Sep25 Dec25
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 0.00 0.23 0.10 0.07 0.06

FRA:3FZ0 vs VRTX, REGN, RVMD: Cyclically Adjusted PB Ratio Comparison

For the Biotechnology subindustry, Aqua Bio Technology 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.


Aqua Bio Technology ASA Cyclically Adjusted PB Ratio vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Aqua Bio Technology ASA's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:3FZ0
37GF Score
Aqua Bio Technology ASA FRA:3FZ0
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aqua Bio Technology 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.

Aqua Bio Technology ASA's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.421/42.49
=0.01

* 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.

Aqua Bio Technology ASA's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, Aqua Bio Technology ASA's adjusted Book Value per Share data for the three months ended in Dec. 2025 was:

Adj_Book=Book Value per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=-0.013/139.1000*139.1000
=-0.013

Current CPI (Dec. 2025) = 139.1000.

Aqua Bio Technology ASA Quarterly Data

Book Value per Share CPI Adj_Book
201203 75.047 94.100 110.936
201206 69.906 93.700 103.777
201209 66.254 93.900 98.146
201212 71.356 94.700 104.811
201303 73.305 95.400 106.884
201306 72.712 95.700 105.687
201309 60.329 96.400 87.051
201312 56.043 96.600 80.700
201403 56.507 97.300 80.782
201406 55.614 97.500 79.343
201409 53.112 98.500 75.004
201412 49.273 98.600 69.512
201503 58.079 99.200 81.439
201506 54.691 100.100 75.999
201509 53.806 100.600 74.398
201512 58.266 100.900 80.325
201603 61.043 102.500 82.840
201606 53.482 103.800 71.670
201609 50.813 104.200 67.832
201612 49.209 104.400 65.565
201706 39.252 105.800 51.606
201712 28.158 106.100 36.916
201806 22.324 108.500 28.620
201812 -0.144 109.800 -0.182
201906 16.748 110.600 21.064
201912 2.370 111.300 2.962
202006 0.276 112.100 0.342
202012 2.130 112.900 2.624
202106 3.905 115.300 4.711
202112 4.462 118.900 5.220
202206 1.785 122.600 2.025
202212 0.430 125.900 0.475
202306 0.691 130.400 0.737
202312 7.840 131.900 8.268
202406 7.729 133.800 8.035
202409 0.000 133.700 0.000
202412 -4.213 134.800 -4.347
202506 0.295 137.800 0.298
202509 0.286 138.500 0.287
202512 -0.013 139.100 -0.013

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 0.01 mean?
Aqua Bio Technology ASA (FRA:3FZ0) has a Cyclically Adjusted PB Ratio of 0.01 as of Aug. 08, 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 Aqua Bio Technology ASA and its competitors. This is 83% below median its historical median of 0.06. Over the past decade, Aqua Bio Technology ASA's Cyclically Adjusted PB Ratio has ranged from 0.01 to 0.36. According to the industry distribution chart, Aqua Bio Technology ASA ranks #1 out of 697 companies in the Biotechnology industry, placing it in the top 0.099999999999994%.
Is Aqua Bio Technology ASA's Cyclically Adjusted PB Ratio too high?
Aqua Bio Technology ASA's current Cyclically Adjusted PB Ratio of 0.01 is 83% below median its 10-year median of 0.06. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.36. The Biotechnology industry median Cyclically Adjusted PB Ratio is 1.60. Aqua Bio Technology ASA's value of 0.01 is 99.4% below this industry median. Based on the distribution chart, Aqua Bio Technology ASA ranks #1 out of 697 companies in the Biotechnology industry, which is in the top quartile — a strong position relative to peers. Overall, Aqua Bio Technology ASA has a GF Score™ of 37/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Aqua Bio Technology ASA's Cyclically Adjusted PB Ratio compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Aqua Bio Technology ASA ranks #1 out of 697 companies for Cyclically Adjusted PB Ratio. This places Aqua Bio Technology ASA in the top 0% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.60. Aqua Bio Technology ASA's value of 0.01 is 99.4% below this benchmark. Historically, Aqua Bio Technology ASA's own Cyclically Adjusted PB Ratio has ranged from 0.01 to 0.36 over the past decade. While the company's 10-year median is 0.06 vs. the industry median of 1.60, Aqua Bio Technology ASA 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 Biotechnology company?
The median Cyclically Adjusted PB Ratio among Biotechnology companies is 1.60, based on 697 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. Aqua Bio Technology ASA's current Cyclically Adjusted PB Ratio of 0.01 is 99.4% 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 Aqua Bio Technology ASA and its competitors. For the Biotechnology industry, the median Cyclically Adjusted PB Ratio is 1.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aqua Bio Technology ASA's current Cyclically Adjusted PB Ratio is 0.01, which is 83% below median its own 10-year median of 0.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aqua Bio Technology ASA stock overvalued right now?
Based on GuruFocus' analysis, Aqua Bio Technology ASA (FRA:3FZ0) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.32, compared to a current price of €0.42 — trading 31.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.01, which is 83% below median its 10-year median of 0.06 and 99.4% below the Biotechnology industry median of 1.60. Aqua Bio Technology ASA's overall GF Score™ is 37/100 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 Aqua Bio Technology ASA (FRA:3FZ0), the current Cyclically Adjusted PB Ratio is 0.01 as of Aug. 08, 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 Aqua Bio Technology ASA (FRA:3FZ0) Overvalued in 2026?

Based on GuruFocus' analysis, Aqua Bio Technology ASA stock appears to be overvalued. The current stock price of €0.42 is trading 31.6% above its estimated GF Value™ of €0.32. GuruFocus considers Aqua Bio Technology ASA to be Significantly Overvalued.

Key valuation signals for FRA:3FZ0:

  • Cyclically Adjusted PB Ratio: 0.01 (83% below median its 10-year median of 0.06)
  • GF Value™: €0.32 vs. price of €0.42 (31.6% above fair value)
  • GF Score™: 37/100 with 5 warning signs
  • Industry Position: 99.4% below the Biotechnology median (#1 of 697)

No single metric tells the full story. See the FRA:3FZ0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Aqua Bio Technology ASA Business Description

Address Bygdoy Alle, Oslo, NOR, 0257
Aqua Bio Technology ASA develops, produces and markets active ingredients for the personal care industry. It creates products for personal care, healthcare, and cosmetics with the help of marine biotechnology. ABT's brands include Moana-Organic skin care and Cuvget-Arctic skin care.
37GF Score

Get the complete analysis for FRA:3FZ0

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

€0.42
Price
€0.32
GF Value