Nidhogg Resources Holding AB (FRA:8X40) Cyclically Adjusted PB Ratio: (As of Sep. 01, 2026)

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FRA:8X40 Nidhogg Resources Holding AB FRA:8X40
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What is Nidhogg Resources Holding AB Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Nidhogg Resources Holding AB  (FRA:8X40) 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.


Nidhogg Resources Holding AB Cyclically Adjusted PB Ratio Related Terms


Nidhogg Resources Holding AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Nidhogg Resources Holding 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.

Nidhogg Resources Holding AB Cyclically Adjusted PB Ratio Chart

Nidhogg Resources Holding AB Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.18 0.08 0.03 0.01 0.01

Nidhogg Resources Holding AB Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 0.01 0.00 0.00 0.00 0.00

FRA:8X40 vs VRTX, REGN, MRNA: Cyclically Adjusted PB Ratio Comparison

For the Biotechnology subindustry, Nidhogg Resources Holding 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.


Nidhogg Resources Holding AB Cyclically Adjusted PB Ratio vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Nidhogg Resources Holding AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:8X40
24GF Score
Nidhogg Resources Holding AB FRA:8X40
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Nidhogg Resources Holding 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.

Nidhogg Resources Holding AB's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Nidhogg Resources Holding AB'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)
=0.016/134.6100*134.6100
=0.016

Current CPI (Jun. 2026) = 134.6100.

Nidhogg Resources Holding AB Quarterly Data

Book Value per Share CPI Adj_Book
201603 173.429 100.751 231.712
201606 128.286 101.019 170.943
201609 77.500 101.138 103.149
201612 186.600 102.022 246.205
201703 160.500 102.022 211.768
201706 127.750 102.752 167.358
201709 94.350 103.279 122.972
201712 0.000 103.793 0.000
201803 68.840 103.962 89.134
201806 35.640 104.875 45.745
201809 16.280 105.679 20.737
201812 -1.188 105.912 -1.510
201903 -11.469 105.886 -14.580
201906 5.800 106.742 7.314
201909 2.618 107.214 3.287
201912 1.000 107.766 1.249
202003 -7.954 106.563 -10.047
202006 21.433 107.498 26.839
202009 19.231 107.635 24.051
202012 16.507 108.296 20.518
202103 13.142 108.360 16.326
202106 23.537 108.928 29.086
202109 12.416 110.338 15.147
202112 9.941 112.486 11.896
202203 6.390 114.825 7.491
202206 5.421 118.384 6.164
202209 3.773 122.296 4.153
202212 2.281 126.365 2.430
202303 1.472 127.042 1.560
202306 0.005 129.407 0.005
202309 1.062 130.224 1.098
202312 -0.041 131.912 -0.042
202403 -0.031 132.205 -0.032
202406 0.010 132.716 0.010
202409 0.002 132.304 0.002
202506 0.028 133.699 0.028
202509 0.020 133.480 0.020
202512 0.000 133.390 0.000
202603 0.019 133.560 0.019
202606 0.016 134.610 0.016

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.


Nidhogg Resources Holding AB Business Description

Other Exchanges NIDHOG:Sweden
Address SLOTTSGATAN 14, Fogdevreten 2, Jonkoping, SWE, 553 22
Nidhogg Resources Holding AB is a Company operates in the mining sector. The company is a Swedish-owned company with a focus on extracting raw materials in Sweden and the USA. The company's plan of action is to build on existing infrastructure, apply new technology/innovations to support and drive the energy system transition.
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Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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