Eolus AB (publ) (FRA:7EVB) Cyclically Adjusted PB Ratio: 0.78 (As of Aug. 11, 2026) — 58% 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:7EVB Eolus AB (publ) FRA:7EVB
52 GF Score
Price €3.37
GF Value €8.16
Valuation Significantly Undervalued
! 5 Warning Signs
View Full Analysis

What is Eolus AB (publ) Cyclically Adjusted PB Ratio?

Eolus AB (publ) FRA:7EVB +0.90% 52 Cyclically Adjusted PB Ratio is 0.78 as of Aug. 11, 2026, which is 58% below its 10-year median of 1.84. GuruFocus rates FRA:7EVB with a GF Score™ of 52/100 and a GF Value™ of €8.16 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 276 Utilities - Independent Power Producers companies, Eolus AB (publ) ranks better than 60.87% on this metric.

As of today (2026-08-11), Eolus AB (publ)'s current share price is €3.365. Eolus AB (publ)'s Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €4.30. Eolus AB (publ)'s Cyclically Adjusted PB Ratio for today is 0.78.

The historical rank and industry rank for Eolus AB (publ)'s Cyclically Adjusted PB Ratio or its related term are showing as below:

FRA:7EVB' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.72   Med: 1.84   Max: 6.5
Current: 0.77

During the past years, Eolus AB (publ)'s highest Cyclically Adjusted PB Ratio was 6.50. The lowest was 0.72. And the median was 1.84.

FRA:7EVB's Cyclically Adjusted PB Ratio is ranked better than
60.87% of 276 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.08 vs FRA:7EVB: 0.77

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.

Eolus AB (publ)'s adjusted book value per share data for the three months ended in Mar. 2026 was €4.962. 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 €4.30 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Eolus AB (publ)  (FRA:7EVB) 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.


Eolus AB (publ) Cyclically Adjusted PB Ratio Related Terms


Eolus AB (publ) Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Eolus AB (publ)'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.

Eolus AB (publ) Cyclically Adjusted PB Ratio Chart

Eolus AB (publ) Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.29 2.53 2.02 1.06 0.92

Eolus AB (publ) 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 1.15 1.19 0.90 0.92 0.78

Eolus AB (publ) Cyclically Adjusted PB Ratio Competitor Comparison

For the Utilities - Renewable subindustry, Eolus AB (publ)'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.


Eolus AB (publ) Cyclically Adjusted PB Ratio vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Eolus AB (publ)'s Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Eolus AB (publ)'s Cyclically Adjusted PB Ratio falls into.


FRA:7EVB
52GF Score
Eolus AB (publ) FRA:7EVB
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Eolus AB (publ) 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.

Eolus AB (publ)'s Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.365/4.30
=0.78

* 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.

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

For example, Eolus AB (publ)'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)
=4.962/133.5600*133.5600
=4.962

Current CPI (Mar. 2026) = 133.5600.

Eolus AB (publ) Quarterly Data

Book Value per Share CPI Adj_Book
201605 2.921 100.914 3.866
201608 2.838 100.968 3.754
201611 2.719 101.517 3.577
201702 2.759 102.037 3.611
201705 2.673 102.679 3.477
201708 2.767 103.138 3.583
201711 0.000 103.413 0.000
201802 2.679 103.678 3.451
201805 2.555 104.632 3.261
201808 3.121 105.197 3.962
201811 3.097 105.443 3.923
201902 3.045 105.641 3.850
201905 3.022 106.895 3.776
201908 3.322 106.716 4.158
201911 3.507 107.345 4.363
202002 3.671 106.742 4.593
202005 3.713 106.882 4.640
202008 3.926 107.571 4.875
202012 4.092 108.296 5.047
202103 4.061 108.360 5.005
202106 3.869 108.928 4.744
202109 3.889 110.338 4.707
202112 3.847 112.486 4.568
202203 3.243 114.825 3.772
202206 3.569 118.384 4.027
202209 3.542 122.296 3.868
202212 3.590 126.365 3.794
202303 3.465 127.042 3.643
202306 4.787 129.407 4.941
202309 5.023 130.224 5.152
202312 5.420 131.912 5.488
202403 5.432 132.205 5.488
202406 5.050 132.716 5.082
202409 4.615 132.304 4.659
202412 5.815 132.987 5.840
202503 6.110 132.825 6.144
202506 5.866 133.699 5.860
202509 5.368 133.480 5.371
202512 4.231 133.390 4.236
202603 4.962 133.560 4.962

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 0.78 mean?
Eolus AB (publ) (FRA:7EVB) has a Cyclically Adjusted PB Ratio of 0.78 as of Aug. 11, 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 Eolus AB (publ) and its competitors. This is 58% below median its historical median of 1.84. Over the past decade, Eolus AB (publ)'s Cyclically Adjusted PB Ratio has ranged from 0.72 to 6.50. According to the industry distribution chart, Eolus AB (publ) ranks #108 out of 276 companies in the Utilities - Independent Power Producers industry, placing it in the top 39.1%.
Is Eolus AB (publ)'s Cyclically Adjusted PB Ratio too high?
Eolus AB (publ)'s current Cyclically Adjusted PB Ratio of 0.78 is 58% below median its 10-year median of 1.84. Over the past 10 years, this metric has ranged from a low of 0.72 to a high of 6.50. The Utilities - Independent Power Producers industry median Cyclically Adjusted PB Ratio is 1.08. Eolus AB (publ)'s value of 0.78 is 27.8% below this industry median. Based on the distribution chart, Eolus AB (publ) ranks #108 out of 276 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Eolus AB (publ) has a GF Score™ of 52/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Eolus AB (publ)'s Cyclically Adjusted PB Ratio compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Eolus AB (publ) ranks #108 out of 276 companies for Cyclically Adjusted PB Ratio. This puts Eolus AB (publ) in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.08. Eolus AB (publ)'s value of 0.78 is 27.8% below this benchmark. Historically, Eolus AB (publ)'s own Cyclically Adjusted PB Ratio has ranged from 0.72 to 6.50 over the past decade. While the company's 10-year median is 1.84 vs. the industry median of 1.08, Eolus AB (publ) has consistently been below 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 an Utilities - Independent Power Producers company?
The median Cyclically Adjusted PB Ratio among Utilities - Independent Power Producers companies is 1.08, based on 276 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. Eolus AB (publ)'s current Cyclically Adjusted PB Ratio of 0.78 is 27.8% below 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 Eolus AB (publ) and its competitors. For the Utilities - Independent Power Producers industry, the median Cyclically Adjusted PB Ratio is 1.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eolus AB (publ)'s current Cyclically Adjusted PB Ratio is 0.78, which is 58% below median its own 10-year median of 1.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eolus AB (publ) stock overvalued right now?
Based on GuruFocus' analysis, Eolus AB (publ) (FRA:7EVB) is currently considered Significantly Undervalued. The stock's GF Value™ is €8.16, compared to a current price of €3.37 — trading 58.8% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.78, which is 58% below median its 10-year median of 1.84 and 27.8% below the Utilities - Independent Power Producers industry median of 1.08. Eolus AB (publ)'s overall GF Score™ is 52/100 with 5 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 Eolus AB (publ) (FRA:7EVB), the current Cyclically Adjusted PB Ratio is 0.78 as of Aug. 11, 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 Eolus AB (publ) (FRA:7EVB) Overvalued in 2026?

Based on GuruFocus' analysis, Eolus AB (publ) stock appears to be undervalued. The current stock price of €3.37 is trading 58.8% below its estimated GF Value™ of €8.16. GuruFocus considers Eolus AB (publ) to be Significantly Undervalued.

Key valuation signals for FRA:7EVB:

  • Cyclically Adjusted PB Ratio: 0.78 (58% below median its 10-year median of 1.84)
  • GF Value™: €8.16 vs. price of €3.37 (58.8% below fair value)
  • GF Score™: 52/100 with 5 warning signs
  • Industry Position: 27.8% below the Utilities - Independent Power Producers median (#108 of 276)

No single metric tells the full story. See the FRA:7EVB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Eolus AB (publ) Business Description

Address Tredje Avenyen 3, Box 95, Hassleholm, SWE, 281 21
Eolus AB (publ) is a developer of wind power in Sweden. It develops, realizes, and manages projects in wind power, solar power, and energy storage in several markets in Europe and the USA.
52GF Score

Get the complete analysis for FRA:7EVB

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

€3.37
Price
€8.16
GF Value