Grangex AB (FRA:6MV) Cyclically Adjusted PB Ratio: (As of Aug. 14, 2026)

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FRA:6MV Grangex AB FRA:6MV
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What is Grangex AB Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Grangex AB  (FRA:6MV) 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.


Grangex AB Cyclically Adjusted PB Ratio Related Terms


Grangex AB Cyclically Adjusted PB Ratio Historical Data

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The historical data trend for Grangex 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.

Grangex AB Cyclically Adjusted PB Ratio Chart

Grangex AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
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Grangex 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 0.00 0.00 0.00 0.00

FRA:6MV vs HL, SIND: Cyclically Adjusted PB Ratio Comparison

For the Other Precious Metals & Mining subindustry, Grangex 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.


Grangex AB Cyclically Adjusted PB Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Grangex AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:6MV
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Grangex AB FRA:6MV
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Grangex 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.

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

For example, Grangex 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)
=-0.896/133.5600*133.5600
=-0.896

Current CPI (Mar. 2026) = 133.5600.

Grangex AB Quarterly Data

Book Value per Share CPI Adj_Book
201506 11.696 99.995 15.622
201509 1.739 100.228 2.317
201512 -9.130 100.276 -12.160
201603 0.262 100.751 0.347
201606 4.275 101.019 5.652
201609 1.127 101.138 1.488
201612 -4.216 102.022 -5.519
201703 -9.961 102.022 -13.040
201706 -7.241 102.752 -9.412
201709 -8.410 103.279 -10.876
201712 -6.552 103.793 -8.431
201803 0.000 103.962 0.000
201806 -8.307 104.875 -10.579
201809 0.000 105.679 0.000
201812 -10.077 105.912 -12.708
201906 -6.015 106.742 -7.526
201912 -5.358 107.766 -6.640
202006 -6.428 107.498 -7.986
202012 2.092 108.296 2.580
202103 0.000 108.360 0.000
202106 1.231 108.928 1.509
202109 0.000 110.338 0.000
202112 1.253 112.486 1.488
202203 1.376 114.825 1.601
202206 1.350 118.384 1.523
202209 1.293 122.296 1.412
202212 1.245 126.365 1.316
202303 1.210 127.042 1.272
202306 1.049 129.407 1.083
202309 0.941 130.224 0.965
202312 0.966 131.912 0.978
202403 0.865 132.205 0.874
202406 0.650 132.716 0.654
202409 0.395 132.304 0.399
202412 -0.024 132.987 -0.024
202503 0.052 132.825 0.052
202506 0.128 133.699 0.128
202509 -0.088 133.480 -0.088
202512 -0.486 133.390 -0.487
202603 -0.896 133.560 -0.896

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.


Grangex AB Business Description

Address Vastmannagatan 1, Stockholm, SWE, 111 24
Grangex AB is a European mineral development company that develops and engages in the responsible extraction and recycling of minerals that contribute to society and climate. Its operations include Grangex Dannemora: Grangex Apatite: and Sala Bly.
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