XMReality AB (FRA:5LL) Cyclically Adjusted PB Ratio: (As of Sep. 04, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is XMReality AB Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


XMReality AB  (FRA:5LL) 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.


XMReality AB Cyclically Adjusted PB Ratio Related Terms


XMReality AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for XMReality 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.

XMReality AB Cyclically Adjusted PB Ratio Chart

XMReality 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 0.00 0.00 0.00 0.00 0.01

XMReality 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 0.00 0.02 0.01 0.03 0.05

FRA:5LL vs CRM, SHOP, UBER: Cyclically Adjusted PB Ratio Comparison

For the Software - Application subindustry, XMReality 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.


XMReality AB Cyclically Adjusted PB Ratio vs Software Industry

For the Software industry and Technology sector, XMReality AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



XMReality 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.

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

For example, XMReality 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)
=0.001/134.6100*134.6100
=0.001

Current CPI (Jun. 2026) = 134.6100.

XMReality AB Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.000 101.138 0.000
201612 0.092 102.022 0.121
201703 0.000 102.022 0.000
201706 0.231 102.752 0.303
201709 0.229 103.279 0.298
201712 0.193 103.793 0.250
201803 0.167 103.962 0.216
201806 0.137 104.875 0.176
201809 0.116 105.679 0.148
201812 0.134 105.912 0.170
201903 0.115 105.886 0.146
201906 0.093 106.742 0.117
201909 0.076 107.214 0.095
201912 0.056 107.766 0.070
202003 0.067 106.563 0.085
202006 0.058 107.498 0.073
202009 0.051 107.635 0.064
202012 0.041 108.296 0.051
202103 0.100 108.360 0.124
202106 0.089 108.928 0.110
202109 0.079 110.338 0.096
202112 0.062 112.486 0.074
202203 0.046 114.825 0.054
202206 0.033 118.384 0.038
202209 0.022 122.296 0.024
202212 0.037 126.365 0.039
202303 0.016 127.042 0.017
202306 0.010 129.407 0.010
202309 0.006 130.224 0.006
202312 0.004 131.912 0.004
202403 0.001 132.205 0.001
202406 -0.003 132.716 -0.003
202409 0.002 132.304 0.002
202412 0.001 132.987 0.001
202503 0.001 132.825 0.001
202506 0.001 133.699 0.001
202509 0.001 133.480 0.001
202512 0.001 133.390 0.001
202603 0.001 133.560 0.001
202606 0.001 134.610 0.001

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.


XMReality AB Business Description

Other Exchanges XMR:Sweden
Address Granden Duvan 3, Linkoping, SWE, 582 22
XMReality AB provides remote guidance solutions. The company provides solutions for field service to the industrial segment. Its solutions include user setups, main functionalities, and hardware to field service, aftermarket service, and service providers. Its solutions are used in industries such as energy, manufactured goods, oil, and gas. The sales comprise of a mix of hardware and software subscriptions, out of which software subscriptions account for the highest portion of the revenue.