Sdiptech AB (FRA:938) Cyclically Adjusted PB Ratio: 3.26 (As of Aug. 13, 2026) — 19% Above Median

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FRA:938 Sdiptech AB FRA:938
90 GF Score
Price €21.82
GF Value €20.85
! 9 Warning Signs
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What is Sdiptech AB Cyclically Adjusted PB Ratio?

Sdiptech AB FRA:938 +1.02% 90 Cyclically Adjusted PB Ratio is 3.26 as of Aug. 13, 2026, which is 19% above its 10-year median of 2.74. GuruFocus rates FRA:938 with a GF Score™ of 90/100 and a GF Value™ of €20.85. The stock has 9 warning signs investors should review. Among 458 Conglomerates companies, Sdiptech AB ranks worse than 83.84% on this metric.

As of today (2026-08-13), Sdiptech AB's current share price is €21.82. Sdiptech AB's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €6.69. Sdiptech AB's Cyclically Adjusted PB Ratio for today is 3.26.

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

FRA:938' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.32   Med: 2.74   Max: 3.48
Current: 3.25

During the past years, Sdiptech AB's highest Cyclically Adjusted PB Ratio was 3.48. The lowest was 2.32. And the median was 2.74.

FRA:938's Cyclically Adjusted PB Ratio is ranked worse than
83.84% of 458 companies
in the Conglomerates industry
Industry Median: 1.01 vs FRA:938: 3.25

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.

Sdiptech AB's adjusted book value per share data for the three months ended in Jun. 2026 was €9.909. 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 €6.69 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sdiptech AB  (FRA:938) 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.


Sdiptech AB Cyclically Adjusted PB Ratio Related Terms


Sdiptech AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Sdiptech 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.

Sdiptech AB Cyclically Adjusted PB Ratio Chart

Sdiptech 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 0.00 2.63

Sdiptech AB Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 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 3.12 2.46 2.63 2.72 3.23

FRA:938 vs MMM, HON: Cyclically Adjusted PB Ratio Comparison

For the Conglomerates subindustry, Sdiptech 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.


Sdiptech AB Cyclically Adjusted PB Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Sdiptech AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:938
90GF Score
Sdiptech AB FRA:938
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Sdiptech 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=21.82/6.69
=3.26

* 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.

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

For example, Sdiptech 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)
=9.909/134.6100*134.6100
=9.909

Current CPI (Jun. 2026) = 134.6100.

Sdiptech AB Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.000 101.138 0.000
201612 1.375 102.022 1.814
201703 1.451 102.022 1.914
201706 2.937 102.752 3.848
201709 3.014 103.279 3.928
201712 3.059 103.793 3.967
201803 3.336 103.962 4.319
201806 3.382 104.875 4.341
201809 3.394 105.679 4.323
201812 3.308 105.912 4.204
201903 3.439 105.886 4.372
201906 3.498 106.742 4.411
201909 3.614 107.214 4.537
201912 3.643 107.766 4.550
202003 3.878 106.563 4.899
202006 4.607 107.498 5.769
202009 4.877 107.635 6.099
202012 4.764 108.296 5.922
202103 6.088 108.360 7.563
202106 6.683 108.928 8.259
202109 6.861 110.338 8.370
202112 6.622 112.486 7.924
202203 7.388 114.825 8.661
202206 7.309 118.384 8.311
202209 7.519 122.296 8.276
202212 8.089 126.365 8.617
202303 8.196 127.042 8.684
202306 8.826 129.407 9.181
202309 8.420 130.224 8.704
202312 8.890 131.912 9.072
202403 9.292 132.205 9.461
202406 9.507 132.716 9.643
202409 9.535 132.304 9.701
202412 9.724 132.987 9.843
202503 9.925 132.825 10.058
202506 10.179 133.699 10.248
202509 8.994 133.480 9.070
202512 9.464 133.390 9.551
202603 9.682 133.560 9.758
202606 9.909 134.610 9.909

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 3.26 mean?
Sdiptech AB (FRA:938) has a Cyclically Adjusted PB Ratio of 3.26 as of Aug. 13, 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 Sdiptech AB and its competitors. This is 19% above median its historical median of 2.74. Over the past decade, Sdiptech AB's Cyclically Adjusted PB Ratio has ranged from 2.32 to 3.48. According to the industry distribution chart, Sdiptech AB ranks #384 out of 458 companies in the Conglomerates industry, placing it in the top 83.8%.
Is Sdiptech AB's Cyclically Adjusted PB Ratio too high?
Sdiptech AB's current Cyclically Adjusted PB Ratio of 3.26 is 19% above median its 10-year median of 2.74. Over the past 10 years, this metric has ranged from a low of 2.32 to a high of 3.48. The Conglomerates industry median Cyclically Adjusted PB Ratio is 1.01. Sdiptech AB's value of 3.26 is 222.8% above this industry median. Based on the distribution chart, Sdiptech AB ranks #384 out of 458 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, Sdiptech AB has a GF Score™ of 90/100, reflecting its overall financial health beyond just this single metric.
How does Sdiptech AB's Cyclically Adjusted PB Ratio compare to MMM and HON?
According to the Conglomerates industry distribution chart, Sdiptech AB ranks #384 out of 458 companies for Cyclically Adjusted PB Ratio. This places Sdiptech AB in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.01. Sdiptech AB's value of 3.26 is 222.8% above this benchmark. Historically, Sdiptech AB's own Cyclically Adjusted PB Ratio has ranged from 2.32 to 3.48 over the past decade. While the company's 10-year median is 2.74 vs. the industry median of 1.01, Sdiptech AB has consistently been above 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 Conglomerates company?
The median Cyclically Adjusted PB Ratio among Conglomerates companies is 1.01, based on 458 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. Sdiptech AB's current Cyclically Adjusted PB Ratio of 3.26 is 222.8% above 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 Sdiptech AB and its competitors. For the Conglomerates industry, the median Cyclically Adjusted PB Ratio is 1.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sdiptech AB's current Cyclically Adjusted PB Ratio is 3.26, which is 19% above median its own 10-year median of 2.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sdiptech AB stock overvalued right now?
Sdiptech AB (FRA:938) has a current Cyclically Adjusted PB Ratio of 3.26. The stock's GF Value™ is €20.85, compared to a current price of €21.82 — trading 4.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.26, which is 19% above median its 10-year median of 2.74 and 222.8% above the Conglomerates industry median of 1.01. Sdiptech AB's overall GF Score™ is 90/100 with 9 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 Sdiptech AB (FRA:938), the current Cyclically Adjusted PB Ratio is 3.26 as of Aug. 13, 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 Sdiptech AB (FRA:938) Overvalued in 2026?

Based on GuruFocus' analysis, Sdiptech AB stock appears to be overvalued. The current stock price of €21.82 is trading 4.7% above its estimated GF Value™ of €20.85.

Key valuation signals for FRA:938:

  • Cyclically Adjusted PB Ratio: 3.26 (19% above median its 10-year median of 2.74)
  • GF Value™: €20.85 vs. price of €21.82 (4.7% above fair value)
  • GF Score™: 90/100 with 9 warning signs
  • Industry Position: 222.8% above the Conglomerates median (#384 of 458)

No single metric tells the full story. See the FRA:938 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sdiptech AB Business Description

Address Nybrogatan 39, Stockholm, SWE, 114 39
Sdiptech AB is engaged in the infrastructure of society with specialized technology and solutions. The company has divided its operations into the following business segments: Supply Chain and Transportation, Energy and Electrification, Water and Bioeconomy, Safety and Security, and Other operations. Geographically, the company operates in Sweden, the USA, Ireland, Finland, Norway, and other countries.
90GF Score

Get the complete analysis for FRA:938

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

€21.82
Price
€20.85
GF Value