Keo Capital AB (FRA:7M7) Cyclically Adjusted PB Ratio: 1.36 (As of Jul. 30, 2026) — 37% Above Median

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FRA:7M7 Keo Capital AB FRA:7M7
32 GF Score
Price €0.97
GF Value €0.16
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Keo Capital AB Cyclically Adjusted PB Ratio?

Keo Capital AB FRA:7M7 +7.57% 32 Cyclically Adjusted PB Ratio is 1.36 as of Jul. 30, 2026, which is 37% above its 10-year median of 0.99. GuruFocus rates FRA:7M7 with a GF Score™ of 32/100 and a GF Value™ of €0.16 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,577 Software companies, Keo Capital AB ranks better than 66.01% on this metric.

As of today (2026-07-30), Keo Capital AB's current share price is €0.966. Keo Capital AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €0.71. Keo Capital AB's Cyclically Adjusted PB Ratio for today is 1.36.

The historical rank and industry rank for Keo Capital AB's Cyclically Adjusted PB Ratio or its related term are showing as below:

FRA:7M7' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.44   Med: 0.99   Max: 1.86
Current: 1.4

During the past years, Keo Capital AB's highest Cyclically Adjusted PB Ratio was 1.86. The lowest was 0.44. And the median was 0.99.

FRA:7M7's Cyclically Adjusted PB Ratio is ranked better than
66.01% of 1577 companies
in the Software industry
Industry Median: 2.23 vs FRA:7M7: 1.40

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.

Keo Capital AB's adjusted book value per share data for the three months ended in Mar. 2026 was €0.556. 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 €0.71 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Keo Capital AB  (FRA:7M7) 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.


Keo Capital AB Cyclically Adjusted PB Ratio Related Terms


Keo Capital AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Keo Capital 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.

Keo Capital AB Cyclically Adjusted PB Ratio Chart

Keo Capital 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 0.84 0.91

Keo Capital 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 0.61 0.49 1.20 0.91 1.91

FRA:7M7 vs QH, SHOP, UBER: Cyclically Adjusted PB Ratio Comparison

For the Software - Application subindustry, Keo Capital 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.


Keo Capital AB Cyclically Adjusted PB Ratio vs Software Industry

For the Software industry and Technology sector, Keo Capital AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:7M7
32GF Score
Keo Capital AB FRA:7M7
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Keo Capital 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.

Keo Capital AB's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.966/0.71
=1.36

* 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.

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

For example, Keo Capital 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)
=0.556/133.5600*133.5600
=0.556

Current CPI (Mar. 2026) = 133.5600.

Keo Capital AB Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.425 101.019 0.562
201609 0.408 101.138 0.539
201612 0.428 102.022 0.560
201703 0.451 102.022 0.590
201706 0.450 102.752 0.585
201709 0.409 103.279 0.529
201712 0.428 103.793 0.551
201803 0.445 103.962 0.572
201806 0.422 104.875 0.537
201809 0.424 105.679 0.536
201812 0.619 105.912 0.781
201903 0.662 105.886 0.835
201906 0.727 106.742 0.910
201909 0.754 107.214 0.939
201912 0.787 107.766 0.975
202003 0.655 106.563 0.821
202006 0.603 107.498 0.749
202009 0.569 107.635 0.706
202012 0.449 108.296 0.554
202103 0.460 108.360 0.567
202106 0.614 108.928 0.753
202109 0.616 110.338 0.746
202112 0.676 112.486 0.803
202203 0.943 114.825 1.097
202206 0.933 118.384 1.053
202209 0.984 122.296 1.075
202212 0.926 126.365 0.979
202303 1.015 127.042 1.067
202306 0.950 129.407 0.980
202309 0.950 130.224 0.974
202312 0.796 131.912 0.806
202403 0.820 132.205 0.828
202406 0.704 132.716 0.708
202409 0.562 132.304 0.567
202412 0.646 132.987 0.649
202503 0.672 132.825 0.676
202506 0.534 133.699 0.533
202509 0.505 133.480 0.505
202512 0.480 133.390 0.481
202603 0.556 133.560 0.556

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 1.36 mean?
Keo Capital AB (FRA:7M7) has a Cyclically Adjusted PB Ratio of 1.36 as of Jul. 30, 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 Keo Capital AB and its competitors. This is 37% above median its historical median of 0.99. Over the past decade, Keo Capital AB's Cyclically Adjusted PB Ratio has ranged from 0.44 to 1.86. According to the industry distribution chart, Keo Capital AB ranks #536 out of 1577 companies in the Software industry, placing it in the top 34%.
Is Keo Capital AB's Cyclically Adjusted PB Ratio too high?
Keo Capital AB's current Cyclically Adjusted PB Ratio of 1.36 is 37% above median its 10-year median of 0.99. Over the past 10 years, this metric has ranged from a low of 0.44 to a high of 1.86. The Software industry median Cyclically Adjusted PB Ratio is 2.23. Keo Capital AB's value of 1.36 is 39% below this industry median. Based on the distribution chart, Keo Capital AB ranks #536 out of 1577 companies in the Software industry, which is above the industry midpoint. Overall, Keo Capital AB has a GF Score™ of 32/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Keo Capital AB's Cyclically Adjusted PB Ratio compare to QH and SHOP?
According to the Software industry distribution chart, Keo Capital AB ranks #536 out of 1577 companies for Cyclically Adjusted PB Ratio. This puts Keo Capital AB in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.23. Keo Capital AB's value of 1.36 is 39% below this benchmark. Historically, Keo Capital AB's own Cyclically Adjusted PB Ratio has ranged from 0.44 to 1.86 over the past decade. While the company's 10-year median is 0.99 vs. the industry median of 2.23, Keo Capital AB 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 a Software company?
The median Cyclically Adjusted PB Ratio among Software companies is 2.23, based on 1,577 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. Keo Capital AB's current Cyclically Adjusted PB Ratio of 1.36 is 39% 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 Keo Capital AB and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Keo Capital AB's current Cyclically Adjusted PB Ratio is 1.36, which is 37% above median its own 10-year median of 0.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Keo Capital AB stock overvalued right now?
Based on GuruFocus' analysis, Keo Capital AB (FRA:7M7) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.16, compared to a current price of €0.97 — trading 503.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.36, which is 37% above median its 10-year median of 0.99 and 39% below the Software industry median of 2.23. Keo Capital AB's overall GF Score™ is 32/100 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 Keo Capital AB (FRA:7M7), the current Cyclically Adjusted PB Ratio is 1.36 as of Jul. 30, 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 Keo Capital AB (FRA:7M7) Overvalued in 2026?

Based on GuruFocus' analysis, Keo Capital AB stock appears to be overvalued. The current stock price of €0.97 is trading 503.8% above its estimated GF Value™ of €0.16. GuruFocus considers Keo Capital AB to be Significantly Overvalued.

Key valuation signals for FRA:7M7:

  • Cyclically Adjusted PB Ratio: 1.36 (37% above median its 10-year median of 0.99)
  • GF Value™: €0.16 vs. price of €0.97 (503.8% above fair value)
  • GF Score™: 32/100 with 5 warning signs
  • Industry Position: 39% below the Software median (#536 of 1577)

No single metric tells the full story. See the FRA:7M7 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Keo Capital AB Business Description

Other Exchanges KEOC:SwedenKEOCs:UK0GEA:UK
Address Eriksbergsgatan 10, Stockholm, SWE, 114 30
Maha Capital AB is a Swedish company operating in the oil and gas industry. It focuses on acquiring and developing profitable oil and gas assets globally, to build a diversified and balanced portfolio in the energy, oil & gas, and minerals sectors. Its portfolio includes the financial investment in Brava Energia, the publicly traded Brazilian oil and gas company, the operated oil producing fields in the Illinois Basin, and its investments in the PetroUrdaneta project in Venezuela. The company's operating segments include the United States of America (USA) and Corporate. A majority of its revenue is generated from the United States of America, which includes all oil and gas activities in the Illinois Basin. The company derives revenue from the sale of oil and gas produced in the USA.
32GF Score

Get the complete analysis for FRA:7M7

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

€0.97
Price
€0.16
GF Value