Clean Motion AB (FRA:66M) Cyclically Adjusted PB Ratio: (As of Aug. 02, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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 Clean Motion AB Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Clean Motion AB  (FRA:66M) 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.


Clean Motion AB Cyclically Adjusted PB Ratio Related Terms


Clean Motion AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Clean Motion 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.

Clean Motion AB Cyclically Adjusted PB Ratio Chart

Clean Motion 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 0.13

Clean Motion AB 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 0.00 0.58 0.28 0.13 0.08

FRA:66M vs TSLA, GM, F: Cyclically Adjusted PB Ratio Comparison

For the Auto Manufacturers subindustry, Clean Motion 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.


Clean Motion AB Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Clean Motion AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Clean Motion 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.

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

For example, Clean Motion AB'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)
=0.019/133.5600*133.5600
=0.019

Current CPI (Mar. 2026) = 133.5600.

Clean Motion AB Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.162 101.019 0.214
201609 0.152 101.138 0.201
201612 0.136 102.022 0.178
201703 0.129 102.022 0.169
201706 0.117 102.752 0.152
201709 0.112 103.279 0.145
201712 0.101 103.793 0.130
201803 0.087 103.962 0.112
201806 0.110 104.875 0.140
201809 0.096 105.679 0.121
201812 0.087 105.912 0.110
201903 0.076 105.886 0.096
201906 0.105 106.742 0.131
201909 0.101 107.214 0.126
201912 0.044 107.766 0.055
202003 0.092 106.563 0.115
202006 0.038 107.498 0.047
202009 0.034 107.635 0.042
202012 0.096 108.296 0.118
202103 0.091 108.360 0.112
202106 0.094 108.928 0.115
202109 0.081 110.338 0.098
202112 0.070 112.486 0.083
202203 0.066 114.825 0.077
202206 0.063 118.384 0.071
202209 0.059 122.296 0.064
202212 0.055 126.365 0.058
202303 0.051 127.042 0.054
202306 0.047 129.407 0.049
202309 0.044 130.224 0.045
202312 0.046 131.912 0.047
202403 0.041 132.205 0.041
202406 0.043 132.716 0.043
202409 0.039 132.304 0.039
202412 0.035 132.987 0.035
202503 0.033 132.825 0.033
202506 0.033 133.699 0.033
202509 0.025 133.480 0.025
202512 0.023 133.390 0.023
202603 0.019 133.560 0.019

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.


Clean Motion AB Business Description

Other Exchanges CLEMO:Sweden
Address Fabriksstraket 3, Jonsered, Gothenburg, SWE, 433 76
Clean Motion AB is engaged in developing and manufacturing of electric vehicle for short distance transportation of up to three people and smaller goods. The company's product includes Zbee which is available in two versions, standard RS, and Cargo.