Gentian Diagnostics AS (FRA:6FK) Cyclically Adjusted PB Ratio: 2.66 (As of Aug. 26, 2026) — 25% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
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.

FRA:6FK Gentian Diagnostics AS FRA:6FK
77 GF Score
Price €3.49
GF Value €5.29
Valuation Significantly Undervalued
View Full Analysis

What is Gentian Diagnostics AS Cyclically Adjusted PB Ratio?

Gentian Diagnostics AS FRA:6FK -0.57% 77 Cyclically Adjusted PB Ratio is 2.66 as of Aug. 26, 2026, which is 25% below its 10-year median of 3.54. GuruFocus rates FRA:6FK with a GF Score™ of 77/100 and a GF Value™ of €5.29 (Significantly Undervalued). Among 517 Medical Devices & Instruments companies, Gentian Diagnostics AS ranks worse than 61.51% on this metric.

As of today (2026-08-26), Gentian Diagnostics AS's current share price is €3.49. Gentian Diagnostics AS's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €1.31. Gentian Diagnostics AS's Cyclically Adjusted PB Ratio for today is 2.66.

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

FRA:6FK' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.37   Med: 3.54   Max: 4.46
Current: 2.6

During the past years, Gentian Diagnostics AS's highest Cyclically Adjusted PB Ratio was 4.46. The lowest was 2.37. And the median was 3.54.

FRA:6FK's Cyclically Adjusted PB Ratio is ranked worse than
61.51% of 517 companies
in the Medical Devices & Instruments industry
Industry Median: 1.85 vs FRA:6FK: 2.60

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.

Gentian Diagnostics AS's adjusted book value per share data for the three months ended in Jun. 2026 was €1.071. 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 €1.31 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gentian Diagnostics AS  (FRA:6FK) 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.


Gentian Diagnostics AS Cyclically Adjusted PB Ratio Related Terms


Gentian Diagnostics AS Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Gentian Diagnostics AS'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.

Gentian Diagnostics AS Cyclically Adjusted PB Ratio Chart

Gentian Diagnostics AS 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 2.87 3.81

Gentian Diagnostics AS 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 4.37 3.69 3.81 2.55 2.54

FRA:6FK vs ABT, SYK, MDT: Cyclically Adjusted PB Ratio Comparison

For the Medical Devices subindustry, Gentian Diagnostics AS'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.


Gentian Diagnostics AS Cyclically Adjusted PB Ratio vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Gentian Diagnostics AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Gentian Diagnostics AS's Cyclically Adjusted PB Ratio falls into.


FRA:6FK
77GF Score
Gentian Diagnostics AS FRA:6FK
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gentian Diagnostics AS 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.

Gentian Diagnostics AS's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.49/1.31
=2.66

* 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.

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

For example, Gentian Diagnostics AS'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)
=1.071/141.5800*141.5800
=1.071

Current CPI (Jun. 2026) = 141.5800.

Gentian Diagnostics AS Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.871 104.200 1.183
201612 1.148 104.400 1.557
201703 1.620 105.000 2.184
201706 1.554 105.800 2.080
201709 1.543 105.900 2.063
201712 1.426 106.100 1.903
201803 1.436 107.300 1.895
201806 1.772 108.500 2.312
201809 1.743 109.500 2.254
201812 1.627 109.800 2.098
201903 1.597 110.400 2.048
201906 1.459 110.600 1.868
201909 1.404 111.100 1.789
201912 1.348 111.300 1.715
202003 1.168 111.200 1.487
202006 1.229 112.100 1.552
202009 1.185 112.900 1.486
202012 1.192 112.900 1.495
202103 1.220 114.600 1.507
202106 1.202 115.300 1.476
202109 1.160 117.500 1.398
202112 1.117 118.900 1.330
202203 1.122 119.800 1.326
202206 1.048 122.600 1.210
202209 1.003 125.600 1.131
202212 0.955 125.900 1.074
202303 0.887 127.600 0.984
202306 0.863 130.400 0.937
202309 0.882 129.800 0.962
202312 0.826 131.900 0.887
202403 0.851 132.600 0.909
202406 0.893 133.800 0.945
202409 0.888 133.700 0.940
202412 1.071 134.800 1.125
202503 1.143 136.100 1.189
202506 1.104 137.800 1.134
202509 1.122 138.500 1.147
202512 1.123 139.100 1.143
202603 1.073 141.030 1.077
202606 1.071 141.580 1.071

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 2.66 mean?
Gentian Diagnostics AS (FRA:6FK) has a Cyclically Adjusted PB Ratio of 2.66 as of Aug. 26, 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 Gentian Diagnostics AS and its competitors. This is 25% below median its historical median of 3.54. Over the past decade, Gentian Diagnostics AS's Cyclically Adjusted PB Ratio has ranged from 2.37 to 4.46. According to the industry distribution chart, Gentian Diagnostics AS ranks #318 out of 517 companies in the Medical Devices & Instruments industry, placing it in the top 61.5%.
Is Gentian Diagnostics AS's Cyclically Adjusted PB Ratio too high?
Gentian Diagnostics AS's current Cyclically Adjusted PB Ratio of 2.66 is 25% below median its 10-year median of 3.54. Over the past 10 years, this metric has ranged from a low of 2.37 to a high of 4.46. The Medical Devices & Instruments industry median Cyclically Adjusted PB Ratio is 1.85. Gentian Diagnostics AS's value of 2.66 is 43.8% above this industry median. Based on the distribution chart, Gentian Diagnostics AS ranks #318 out of 517 companies in the Medical Devices & Instruments industry, which is below the industry midpoint. Overall, Gentian Diagnostics AS has a GF Score™ of 77/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Gentian Diagnostics AS's Cyclically Adjusted PB Ratio compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Gentian Diagnostics AS ranks #318 out of 517 companies for Cyclically Adjusted PB Ratio. This places Gentian Diagnostics AS in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.85. Gentian Diagnostics AS's value of 2.66 is 43.8% above this benchmark. Historically, Gentian Diagnostics AS's own Cyclically Adjusted PB Ratio has ranged from 2.37 to 4.46 over the past decade. While the company's 10-year median is 3.54 vs. the industry median of 1.85, Gentian Diagnostics AS 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 Medical Devices & Instruments company?
The median Cyclically Adjusted PB Ratio among Medical Devices & Instruments companies is 1.85, based on 517 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. Gentian Diagnostics AS's current Cyclically Adjusted PB Ratio of 2.66 is 43.8% 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 Gentian Diagnostics AS and its competitors. For the Medical Devices & Instruments industry, the median Cyclically Adjusted PB Ratio is 1.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gentian Diagnostics AS's current Cyclically Adjusted PB Ratio is 2.66, which is 25% below median its own 10-year median of 3.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gentian Diagnostics AS stock overvalued right now?
Based on GuruFocus' analysis, Gentian Diagnostics AS (FRA:6FK) is currently considered Significantly Undervalued. The stock's GF Value™ is €5.29, compared to a current price of €3.49 — trading 34% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.66, which is 25% below median its 10-year median of 3.54 and 43.8% above the Medical Devices & Instruments industry median of 1.85. Gentian Diagnostics AS's overall GF Score™ is 77/100. 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 Gentian Diagnostics AS (FRA:6FK), the current Cyclically Adjusted PB Ratio is 2.66 as of Aug. 26, 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 Gentian Diagnostics AS (FRA:6FK) Overvalued in 2026?

Based on GuruFocus' analysis, Gentian Diagnostics AS stock appears to be undervalued. The current stock price of €3.49 is trading 34% below its estimated GF Value™ of €5.29. GuruFocus considers Gentian Diagnostics AS to be Significantly Undervalued.

Key valuation signals for FRA:6FK:

  • Cyclically Adjusted PB Ratio: 2.66 (25% below median its 10-year median of 3.54)
  • GF Value™: €5.29 vs. price of €3.49 (34% below fair value)
  • GF Score™: 77/100
  • Industry Position: 43.8% above the Medical Devices & Instruments median (#318 of 517)

No single metric tells the full story. See the FRA:6FK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Gentian Diagnostics AS Business Description

Other Exchanges GENTOo:SwedenGENT:Norway
Address Bjornasveien 5, Moss, NOR, 1596
Gentian Diagnostics AS operates as a medical diagnostics company in Norway. It develops and produces in vitro diagnostic reagents (IVD) for medical diagnostics and research. Its portfolio and pipeline of reagents span areas such as inflammation, severe infections, kidney diseases, heart failure, and veterinary healthcare. The company's product portfolio includes the Gentian Cystatin C Immunoassay, the GCAL circulating calprotectin immunoassay (IVDR), the Gentian Retinol Binding Protein (RBP), and the Gentian Canine CRP, among others. Geographically, it generates a majority of its revenue from Europe, followed by Asia and the United States of America.
77GF Score

Get the complete analysis for FRA:6FK

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

€3.49
Price
€5.29
GF Value