Arendals Fossekompani ASA (FRA:5VZ) Cyclically Adjusted PB Ratio: 2.54 (As of Aug. 12, 2026) — Near Median

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FRA:5VZ Arendals Fossekompani ASA FRA:5VZ
59 GF Score
Price €16.25
GF Value €10.65
! 8 Warning Signs
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What is Arendals Fossekompani ASA Cyclically Adjusted PB Ratio?

Arendals Fossekompani ASA FRA:5VZ -0.31% 59 Cyclically Adjusted PB Ratio is 2.54 as of Aug. 12, 2026, which is 3% above its 10-year median of 2.46. GuruFocus rates FRA:5VZ with a GF Score™ of 59/100 and a GF Value™ of €10.65. The stock has 8 warning signs investors should review. Among 457 Conglomerates companies, Arendals Fossekompani ASA ranks worse than 77.24% on this metric.

As of today (2026-08-12), Arendals Fossekompani ASA's current share price is €16.25. Arendals Fossekompani ASA's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €6.39. Arendals Fossekompani ASA's Cyclically Adjusted PB Ratio for today is 2.54.

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

FRA:5VZ' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.6   Med: 2.46   Max: 7.98
Current: 2.49

During the past years, Arendals Fossekompani ASA's highest Cyclically Adjusted PB Ratio was 7.98. The lowest was 1.60. And the median was 2.46.

FRA:5VZ's Cyclically Adjusted PB Ratio is ranked worse than
77.24% of 457 companies
in the Conglomerates industry
Industry Median: 1.01 vs FRA:5VZ: 2.49

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.

Arendals Fossekompani ASA's adjusted book value per share data for the three months ended in Mar. 2026 was €7.854. 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 €6.39 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Arendals Fossekompani ASA  (FRA:5VZ) 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.


Arendals Fossekompani ASA Cyclically Adjusted PB Ratio Related Terms


Arendals Fossekompani ASA Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Arendals Fossekompani 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.

Arendals Fossekompani ASA Cyclically Adjusted PB Ratio Chart

Arendals Fossekompani 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 7.38 3.93 2.48 2.11 1.85

Arendals Fossekompani ASA 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 1.80 1.86 1.82 1.85 2.15

FRA:5VZ vs MMM, HON: Cyclically Adjusted PB Ratio Comparison

For the Conglomerates subindustry, Arendals Fossekompani 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.


Arendals Fossekompani ASA Cyclically Adjusted PB Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Arendals Fossekompani ASA's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:5VZ
59GF Score
Arendals Fossekompani ASA FRA:5VZ
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Arendals Fossekompani 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=16.25/6.39
=2.54

* 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.

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

For example, Arendals Fossekompani ASA'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)
=7.854/141.0300*141.0300
=7.854

Current CPI (Mar. 2026) = 141.0300.

Arendals Fossekompani ASA Quarterly Data

Book Value per Share CPI Adj_Book
201606 4.883 103.800 6.634
201609 5.108 104.200 6.913
201612 5.435 104.400 7.342
201703 5.781 105.000 7.765
201706 5.293 105.800 7.055
201709 5.447 105.900 7.254
201712 7.835 106.100 10.414
201803 8.800 107.300 11.566
201806 5.605 108.500 7.285
201809 5.540 109.500 7.135
201812 5.595 109.800 7.186
201903 5.815 110.400 7.428
201906 5.587 110.600 7.124
201909 5.596 111.100 7.104
201912 5.779 111.300 7.323
202003 4.670 111.200 5.923
202006 4.943 112.100 6.219
202009 4.858 112.900 6.068
202012 6.111 112.900 7.634
202103 9.024 114.600 11.105
202106 6.152 115.300 7.525
202109 6.113 117.500 7.337
202112 6.038 118.900 7.162
202203 6.210 119.800 7.310
202206 6.376 122.600 7.334
202209 6.341 125.600 7.120
202212 5.437 125.900 6.090
202303 5.116 127.600 5.654
202306 4.994 130.400 5.401
202309 4.931 129.800 5.358
202312 4.755 131.900 5.084
202403 4.793 132.600 5.098
202406 3.988 133.800 4.203
202409 3.801 133.700 4.009
202412 7.970 134.800 8.338
202503 8.012 136.100 8.302
202506 7.900 137.800 8.085
202509 8.943 138.500 9.106
202512 7.398 139.100 7.501
202603 7.854 141.030 7.854

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 2.54 mean?
Arendals Fossekompani ASA (FRA:5VZ) has a Cyclically Adjusted PB Ratio of 2.54 as of Aug. 12, 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 Arendals Fossekompani ASA and its competitors. This is near median its historical median of 2.46. Over the past decade, Arendals Fossekompani ASA's Cyclically Adjusted PB Ratio has ranged from 1.60 to 7.98. According to the industry distribution chart, Arendals Fossekompani ASA ranks #353 out of 457 companies in the Conglomerates industry, placing it in the top 77.2%.
Is Arendals Fossekompani ASA's Cyclically Adjusted PB Ratio too high?
Arendals Fossekompani ASA's current Cyclically Adjusted PB Ratio of 2.54 is near median its 10-year median of 2.46. Over the past 10 years, this metric has ranged from a low of 1.60 to a high of 7.98. The Conglomerates industry median Cyclically Adjusted PB Ratio is 1.01. Arendals Fossekompani ASA's value of 2.54 is 151.5% above this industry median. Based on the distribution chart, Arendals Fossekompani ASA ranks #353 out of 457 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, Arendals Fossekompani ASA has a GF Score™ of 59/100, reflecting its overall financial health beyond just this single metric.
How does Arendals Fossekompani ASA's Cyclically Adjusted PB Ratio compare to MMM and HON?
According to the Conglomerates industry distribution chart, Arendals Fossekompani ASA ranks #353 out of 457 companies for Cyclically Adjusted PB Ratio. This places Arendals Fossekompani ASA in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.01. Arendals Fossekompani ASA's value of 2.54 is 151.5% above this benchmark. Historically, Arendals Fossekompani ASA's own Cyclically Adjusted PB Ratio has ranged from 1.60 to 7.98 over the past decade. While the company's 10-year median is 2.46 vs. the industry median of 1.01, Arendals Fossekompani 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 Conglomerates company?
The median Cyclically Adjusted PB Ratio among Conglomerates companies is 1.01, based on 457 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. Arendals Fossekompani ASA's current Cyclically Adjusted PB Ratio of 2.54 is 151.5% 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 Arendals Fossekompani ASA and its competitors. For the Conglomerates industry, the median Cyclically Adjusted PB Ratio is 1.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Arendals Fossekompani ASA's current Cyclically Adjusted PB Ratio is 2.54, which is near median its own 10-year median of 2.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arendals Fossekompani ASA stock overvalued right now?
Arendals Fossekompani ASA (FRA:5VZ) has a current Cyclically Adjusted PB Ratio of 2.54. The stock's GF Value™ is €10.65, compared to a current price of €16.25 — trading 52.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.54, which is near median its 10-year median of 2.46 and 151.5% above the Conglomerates industry median of 1.01. Arendals Fossekompani ASA's overall GF Score™ is 59/100 with 8 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 Arendals Fossekompani ASA (FRA:5VZ), the current Cyclically Adjusted PB Ratio is 2.54 as of Aug. 12, 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 Arendals Fossekompani ASA (FRA:5VZ) Overvalued in 2026?

Based on GuruFocus' analysis, Arendals Fossekompani ASA stock appears to be overvalued. The current stock price of €16.25 is trading 52.6% above its estimated GF Value™ of €10.65.

Key valuation signals for FRA:5VZ:

  • Cyclically Adjusted PB Ratio: 2.54 (near median its 10-year median of 2.46)
  • GF Value™: €10.65 vs. price of €16.25 (52.6% above fair value)
  • GF Score™: 59/100 with 8 warning signs
  • Industry Position: 151.5% above the Conglomerates median (#353 of 457)

No single metric tells the full story. See the FRA:5VZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Arendals Fossekompani ASA Business Description

Address Langbryggen 9, Arendal, NOR, 4841
Arendals Fossekompani ASA is an industrial investment company holding several core investments and a portfolio of financial investments. The company invests in and owns companies that make energy from renewable sources more usable and accessible, and that contribute to a more sustainable use of resources. It owns and operates two hydropower plants. In addition, the firm operates globally in many forward-looking industries, including 3D printing, algo trading, satellite services, battery and solar technology, software and digitalization, as well as various green energy technologies. The company has seven operating segments: Group Management, AFK Vannkraft, NSSLGIobaI, ENRX, Tekna, AFK Eiendom, and Others.
59GF Score

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

€16.25
Price
€10.65
GF Value