Acrinova AB (FRA:9M0) Cyclically Adjusted PB Ratio: 0.73 (As of Aug. 12, 2026) — 15% Below Median

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FRA:9M0 Acrinova AB FRA:9M0
71 GF Score
Price €0.71
GF Value €0.62
! 8 Warning Signs
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What is Acrinova AB Cyclically Adjusted PB Ratio?

Acrinova AB FRA:9M0 +0.28% 71 Cyclically Adjusted PB Ratio is 0.73 as of Aug. 12, 2026, which is 15% below its 10-year median of 0.86. GuruFocus rates FRA:9M0 with a GF Score™ of 71/100 and a GF Value™ of €0.62. The stock has 8 warning signs investors should review. Among 1,410 Real Estate companies, Acrinova AB ranks better than 51.91% on this metric.

As of today (2026-08-12), Acrinova AB's current share price is €0.712. Acrinova AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €0.98. Acrinova AB's Cyclically Adjusted PB Ratio for today is 0.73.

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

FRA:9M0' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.63   Med: 0.86   Max: 1.17
Current: 0.67

During the past years, Acrinova AB's highest Cyclically Adjusted PB Ratio was 1.17. The lowest was 0.63. And the median was 0.86.

FRA:9M0's Cyclically Adjusted PB Ratio is ranked better than
51.91% of 1410 companies
in the Real Estate industry
Industry Median: 0.7 vs FRA:9M0: 0.67

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.

Acrinova AB's adjusted book value per share data for the three months ended in Mar. 2026 was €1.193. 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 €0.98 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Acrinova AB  (FRA:9M0) 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.


Acrinova AB Cyclically Adjusted PB Ratio Related Terms


Acrinova AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Acrinova 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.

Acrinova AB Cyclically Adjusted PB Ratio Chart

Acrinova 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 0.81 0.83

Acrinova 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 0.78 1.04 1.09 0.83 0.87

Acrinova AB Cyclically Adjusted PB Ratio Competitor Comparison

For the Real Estate - Diversified subindustry, Acrinova 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.


Acrinova AB Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Acrinova AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:9M0
71GF Score
Acrinova AB FRA:9M0
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Acrinova 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.712/0.98
=0.73

* 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.

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

For example, Acrinova 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)
=1.193/133.5600*133.5600
=1.193

Current CPI (Mar. 2026) = 133.5600.

Acrinova AB Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.620 101.019 0.820
201609 0.590 101.138 0.779
201612 0.663 102.022 0.868
201703 0.690 102.022 0.903
201706 0.680 102.752 0.884
201709 0.800 103.279 1.035
201712 0.796 103.793 1.024
201803 0.801 103.962 1.029
201806 0.802 104.875 1.021
201809 0.821 105.679 1.038
201812 0.858 105.912 1.082
201903 0.861 105.886 1.086
201906 0.878 106.742 1.099
201909 0.887 107.214 1.105
201912 0.963 107.766 1.193
202003 0.937 106.563 1.174
202006 0.963 107.498 1.196
202009 0.981 107.635 1.217
202012 1.064 108.296 1.312
202103 0.749 108.360 0.923
202106 1.198 108.928 1.469
202109 1.304 110.338 1.578
202112 1.307 112.486 1.552
202203 1.314 114.825 1.528
202206 1.331 118.384 1.502
202209 1.330 122.296 1.452
202212 1.314 126.365 1.389
202303 1.331 127.042 1.399
202306 1.211 129.407 1.250
202309 1.185 130.224 1.215
202312 1.235 131.912 1.250
202403 1.223 132.205 1.236
202406 1.212 132.716 1.220
202409 1.221 132.304 1.233
202412 1.220 132.987 1.225
202503 1.312 132.825 1.319
202506 1.242 133.699 1.241
202509 1.203 133.480 1.204
202512 1.179 133.390 1.181
202603 1.193 133.560 1.193

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 0.73 mean?
Acrinova AB (FRA:9M0) has a Cyclically Adjusted PB Ratio of 0.73 as of Aug. 12, 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 Acrinova AB and its competitors. This is 15% below median its historical median of 0.86. Over the past decade, Acrinova AB's Cyclically Adjusted PB Ratio has ranged from 0.63 to 1.17. According to the industry distribution chart, Acrinova AB ranks #678 out of 1410 companies in the Real Estate industry, placing it in the top 48.1%.
Is Acrinova AB's Cyclically Adjusted PB Ratio too high?
Acrinova AB's current Cyclically Adjusted PB Ratio of 0.73 is 15% below median its 10-year median of 0.86. Over the past 10 years, this metric has ranged from a low of 0.63 to a high of 1.17. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.70. Acrinova AB's value of 0.73 is 4.3% above this industry median. Based on the distribution chart, Acrinova AB ranks #678 out of 1410 companies in the Real Estate industry, which is above the industry midpoint. Overall, Acrinova AB has a GF Score™ of 71/100, reflecting its overall financial health beyond just this single metric.
How does Acrinova AB's Cyclically Adjusted PB Ratio compare to competitors?
According to the Real Estate industry distribution chart, Acrinova AB ranks #678 out of 1410 companies for Cyclically Adjusted PB Ratio. This puts Acrinova AB in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.70. Acrinova AB's value of 0.73 is 4.3% above this benchmark. Historically, Acrinova AB's own Cyclically Adjusted PB Ratio has ranged from 0.63 to 1.17 over the past decade. While the company's 10-year median is 0.86 vs. the industry median of 0.70, Acrinova 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 Real Estate company?
The median Cyclically Adjusted PB Ratio among Real Estate companies is 0.70, based on 1,410 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. Acrinova AB's current Cyclically Adjusted PB Ratio of 0.73 is 4.3% 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 Acrinova AB and its competitors. For the Real Estate industry, the median Cyclically Adjusted PB Ratio is 0.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Acrinova AB's current Cyclically Adjusted PB Ratio is 0.73, which is 15% below median its own 10-year median of 0.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Acrinova AB stock overvalued right now?
Acrinova AB (FRA:9M0) has a current Cyclically Adjusted PB Ratio of 0.73. The stock's GF Value™ is €0.62, compared to a current price of €0.71 — trading 14.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.73, which is 15% below median its 10-year median of 0.86 and 4.3% above the Real Estate industry median of 0.70. Acrinova AB's overall GF Score™ is 71/100 with 8 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 Acrinova AB (FRA:9M0), the current Cyclically Adjusted PB Ratio is 0.73 as of Aug. 12, 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 Acrinova AB (FRA:9M0) Overvalued in 2026?

Based on GuruFocus' analysis, Acrinova AB stock appears to be overvalued. The current stock price of €0.71 is trading 14.8% above its estimated GF Value™ of €0.62.

Key valuation signals for FRA:9M0:

  • Cyclically Adjusted PB Ratio: 0.73 (15% below median its 10-year median of 0.86)
  • GF Value™: €0.62 vs. price of €0.71 (14.8% above fair value)
  • GF Score™: 71/100 with 8 warning signs
  • Industry Position: 4.3% above the Real Estate median (#678 of 1410)

No single metric tells the full story. See the FRA:9M0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Acrinova AB Business Description

Other Exchanges ACRI B:SwedenACRI A:Sweden
Address Krusegrand 42B, Malmo, SWE, 212 25
Acrinova AB is a real estate company active in property development and management. The portfolio includes commercial premises, logistics properties, residential and commercial properties. The company acquires, develops and manages its properties. The company is also particularly active in new construction.
71GF Score

Get the complete analysis for FRA:9M0

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

€0.71
Price
€0.62
GF Value