Addnode Group AB (FRA:AR7) Cyclically Adjusted PB Ratio: (As of Sep. 22, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:AR7 Addnode Group AB FRA:AR7
79 GF Score
Price €4.06
GF Value €6.42
Valuation Possible Value Trap
! 6 Warning Signs
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What is Addnode Group AB Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Addnode Group AB  (FRA:AR7) 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.


Addnode Group AB Cyclically Adjusted PB Ratio Related Terms


Addnode Group AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Addnode Group 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.

Addnode Group AB Cyclically Adjusted PB Ratio Chart

Addnode Group 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 10.19 7.67 6.12 6.84 6.39

Addnode Group 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 6.31 5.87 5.49 3.47 2.12

FRA:AR7 vs IBM, ACN, CTSH: Cyclically Adjusted PB Ratio Comparison

For the Information Technology Services subindustry, Addnode Group 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.


Addnode Group AB Cyclically Adjusted PB Ratio vs Software Industry

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

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


FRA:AR7
79GF Score
Addnode Group AB FRA:AR7
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Addnode Group 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.

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

For example, Addnode Group 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)
=1.896/134.6100*134.6100
=1.896

Current CPI (Jun. 2026) = 134.6100.

Addnode Group AB Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.796 101.138 1.059
201612 0.827 102.022 1.091
201703 0.850 102.022 1.122
201706 0.791 102.752 1.036
201709 0.787 103.279 1.026
201712 0.821 103.793 1.065
201803 0.830 103.962 1.075
201806 0.909 104.875 1.167
201809 0.933 105.679 1.188
201812 0.988 105.912 1.256
201903 3.958 105.886 5.032
201906 3.771 106.742 4.756
201909 3.829 107.214 4.807
201912 1.004 107.766 1.254
202003 1.012 106.563 1.278
202006 1.034 107.498 1.295
202009 1.058 107.635 1.323
202012 1.125 108.296 1.398
202103 1.172 108.360 1.456
202106 1.178 108.928 1.456
202109 1.217 110.338 1.485
202112 1.237 112.486 1.480
202203 1.307 114.825 1.532
202206 1.252 118.384 1.424
202209 1.302 122.296 1.433
202212 1.351 126.365 1.439
202303 1.396 127.042 1.479
202306 1.309 129.407 1.362
202309 1.341 130.224 1.386
202312 1.426 131.912 1.455
202403 1.470 132.205 1.497
202406 1.453 132.716 1.474
202409 1.509 132.304 1.535
202412 1.610 132.987 1.630
202503 1.701 132.825 1.724
202506 1.614 133.699 1.625
202509 1.762 133.480 1.777
202512 1.862 133.380 1.879
202603 1.984 133.550 2.000
202606 1.896 134.610 1.896

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.

Is Addnode Group AB (FRA:AR7) Overvalued in 2026?

Based on GuruFocus' analysis, Addnode Group AB stock appears to be undervalued. The current stock price of €4.06 is trading 36.8% below its estimated GF Value™ of €6.42. GuruFocus considers Addnode Group AB to be Possible Value Trap.

Key valuation signals for FRA:AR7:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €6.42 vs. price of €4.06 (36.8% below fair value)
  • GF Score™: 79/100 with 6 warning signs

No single metric tells the full story. See the FRA:AR7 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Addnode Group AB Business Description

Address Norra Stationsgatan 93, Stockholm, SWE, SE-113 64
Addnode Group AB acquires, operates, and develops businesses that provide digital technologies and services in Sweden. Its operations are divided into three business divisions: The Design Management business, the Product Lifecycle Management (PLM) and the Process Management business. The majority of revenue is derived from the Design Management business, which offers digital solutions and services for design, BIM, product data and facility management for architects and engineers in the manufacturing and construction industries, in both private and public sector. Geographically, the company generates the maximum revenue from Sweden and the rest from the USA, UK, Germany, Norway, etc.
79GF Score

Get the complete analysis for FRA:AR7

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

€4.06
Price
€6.42
GF Value