Minesto AB (FRA:7MN) Cyclically Adjusted PB Ratio: 0.57 (As of Jul. 22, 2026) — Near Median

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FRA:7MN Minesto AB FRA:7MN
36 GF Score
Price €0.15
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What is Minesto AB Cyclically Adjusted PB Ratio?

Minesto AB FRA:7MN +0.27% 36 Cyclically Adjusted PB Ratio is 0.57 as of Jul. 22, 2026, which is 2% above its 10-year median of 0.56. GuruFocus rates FRA:7MN with a GF Score™ of 36/100. Among 284 Utilities - Independent Power Producers companies, Minesto AB ranks better than 76.06% on this metric.

As of today (2026-07-22), Minesto AB's current share price is €0.147. Minesto AB's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was €0.26. Minesto AB's Cyclically Adjusted PB Ratio for today is 0.57.

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

FRA:7MN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.16   Med: 0.56   Max: 1.18
Current: 0.52

During the past years, Minesto AB's highest Cyclically Adjusted PB Ratio was 1.18. The lowest was 0.16. And the median was 0.56.

FRA:7MN's Cyclically Adjusted PB Ratio is ranked better than
76.06% of 284 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.115 vs FRA:7MN: 0.52

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.

Minesto AB's adjusted book value per share data for the three months ended in Dec. 2025 was €0.223. 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 €0.26 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Minesto AB  (FRA:7MN) 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.


Minesto AB Cyclically Adjusted PB Ratio Related Terms


Minesto AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Minesto 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.

Minesto AB Cyclically Adjusted PB Ratio Chart

Minesto 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 0.64 0.20

Minesto AB Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 0.64 0.46 1.30 0.51 0.20

Minesto AB Cyclically Adjusted PB Ratio Competitor Comparison

For the Utilities - Renewable subindustry, Minesto 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.


Minesto AB Cyclically Adjusted PB Ratio vs Utilities - Independent Power Producers Industry

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

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


FRA:7MN
36GF Score
Minesto AB FRA:7MN
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Minesto 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.147/0.26
=0.57

* 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.

Minesto AB's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, Minesto AB's adjusted Book Value per Share data for the three months ended in Dec. 2025 was:

Adj_Book=Book Value per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=0.223/133.3900*133.3900
=0.223

Current CPI (Dec. 2025) = 133.3900.

Minesto AB Quarterly Data

Book Value per Share CPI Adj_Book
201603 0.318 100.751 0.421
201606 0.300 101.019 0.396
201609 0.279 101.138 0.368
201612 0.289 102.022 0.378
201703 0.342 102.022 0.447
201706 0.332 102.752 0.431
201709 0.338 103.279 0.437
201712 0.322 103.793 0.414
201803 0.291 103.962 0.373
201806 0.284 104.875 0.361
201809 0.276 105.679 0.348
201812 0.279 105.912 0.351
201903 0.291 105.886 0.367
201906 0.283 106.742 0.354
201909 0.267 107.214 0.332
201912 0.300 107.766 0.371
202003 0.274 106.563 0.343
202006 0.289 107.498 0.359
202009 0.291 107.635 0.361
202012 0.297 108.296 0.366
202103 0.297 108.360 0.366
202106 0.370 108.928 0.453
202109 0.366 110.338 0.442
202112 0.359 112.486 0.426
202203 0.348 114.825 0.404
202206 0.343 118.384 0.386
202209 0.334 122.296 0.364
202212 0.283 126.365 0.299
202303 0.293 127.042 0.308
202306 0.279 129.407 0.288
202309 0.271 130.224 0.278
202312 0.282 131.912 0.285
202403 0.272 132.205 0.274
202406 0.261 132.716 0.262
202409 0.256 132.304 0.258
202412 0.251 132.987 0.252
202503 0.258 132.825 0.259
202506 0.244 133.699 0.243
202509 0.241 133.480 0.241
202512 0.223 133.390 0.223

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 0.57 mean?
Minesto AB (FRA:7MN) has a Cyclically Adjusted PB Ratio of 0.57 as of Jul. 22, 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 Minesto AB and its competitors. This is near median its historical median of 0.56. Over the past decade, Minesto AB's Cyclically Adjusted PB Ratio has ranged from 0.16 to 1.18. According to the industry distribution chart, Minesto AB ranks #68 out of 284 companies in the Utilities - Independent Power Producers industry, placing it in the top 23.9%.
Is Minesto AB's Cyclically Adjusted PB Ratio too high?
Minesto AB's current Cyclically Adjusted PB Ratio of 0.57 is near median its 10-year median of 0.56. Over the past 10 years, this metric has ranged from a low of 0.16 to a high of 1.18. The Utilities - Independent Power Producers industry median Cyclically Adjusted PB Ratio is 1.12. Minesto AB's value of 0.57 is 48.9% below this industry median. Based on the distribution chart, Minesto AB ranks #68 out of 284 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, Minesto AB has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Minesto AB's Cyclically Adjusted PB Ratio compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Minesto AB ranks #68 out of 284 companies for Cyclically Adjusted PB Ratio. This places Minesto AB in the top 24% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.12. Minesto AB's value of 0.57 is 48.9% below this benchmark. Historically, Minesto AB's own Cyclically Adjusted PB Ratio has ranged from 0.16 to 1.18 over the past decade. While the company's 10-year median is 0.56 vs. the industry median of 1.12, Minesto 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 an Utilities - Independent Power Producers company?
The median Cyclically Adjusted PB Ratio among Utilities - Independent Power Producers companies is 1.12, based on 284 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. Minesto AB's current Cyclically Adjusted PB Ratio of 0.57 is 48.9% 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 Minesto AB and its competitors. For the Utilities - Independent Power Producers industry, the median Cyclically Adjusted PB Ratio is 1.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Minesto AB's current Cyclically Adjusted PB Ratio is 0.57, which is near median its own 10-year median of 0.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Minesto AB stock overvalued right now?
Minesto AB (FRA:7MN) has a current Cyclically Adjusted PB Ratio of 0.57. The current Cyclically Adjusted PB Ratio is 0.57, which is near median its 10-year median of 0.56 and 48.9% below the Utilities - Independent Power Producers industry median of 1.12. Minesto AB's overall GF Score™ is 36/100. 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 Minesto AB (FRA:7MN), the current Cyclically Adjusted PB Ratio is 0.57 as of Jul. 22, 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.

Minesto AB Business Description

Other Exchanges MINEST:Sweden
Address Vita gavelns vag 6, Vastra Frolunda, Gothenburg, SWE, 42671
Minesto AB is a Sweden based company engaged in the production of tidal energy from the oceans. The main sources of the ocean energy include Tidal streams, Ocean currents, Tidal range (rise and fall), Waves, Ocean thermal energy and Salinity gradients.
36GF Score

Get the complete analysis for FRA:7MN

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

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