SeaTwirl AB (FRA:AT9) Cyclically Adjusted PB Ratio: 2.10 (As of Jul. 25, 2026) — Near Median

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FRA:AT9 SeaTwirl AB FRA:AT9
34 GF Score
Price €3.03
! 1 Warning Sign
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What is SeaTwirl AB Cyclically Adjusted PB Ratio?

SeaTwirl AB FRA:AT9 -1.94% 34 Cyclically Adjusted PB Ratio is 2.10 as of Jul. 25, 2026, which is 3% above its 10-year median of 2.03. GuruFocus rates FRA:AT9 with a GF Score™ of 34/100. The stock has 1 warning sign investors should review. Among 2,280 Industrial Products companies, SeaTwirl AB ranks better than 50.61% on this metric.

As of today (2026-07-25), SeaTwirl AB's current share price is €3.03. SeaTwirl AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €1.44. SeaTwirl AB's Cyclically Adjusted PB Ratio for today is 2.10.

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

FRA:AT9' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.64   Med: 2.03   Max: 2.92
Current: 2.1

During the past years, SeaTwirl AB's highest Cyclically Adjusted PB Ratio was 2.92. The lowest was 1.64. And the median was 2.03.

FRA:AT9's Cyclically Adjusted PB Ratio is ranked better than
50.61% of 2280 companies
in the Industrial Products industry
Industry Median: 2.12 vs FRA:AT9: 2.10

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.

SeaTwirl AB's adjusted book value per share data for the three months ended in Mar. 2026 was €1.483. 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 €1.44 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


SeaTwirl AB  (FRA:AT9) 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.


SeaTwirl AB Cyclically Adjusted PB Ratio Related Terms


SeaTwirl AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for SeaTwirl 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.

SeaTwirl AB Cyclically Adjusted PB Ratio Chart

SeaTwirl AB Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 0.00 0.00

SeaTwirl AB Quarterly Data
Nov20 Feb21 May21 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 0.00 0.00 0.00 0.00 2.10

FRA:AT9 vs GEV, ETN, PH: Cyclically Adjusted PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, SeaTwirl 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.


SeaTwirl AB Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

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


FRA:AT9
34GF Score
SeaTwirl AB FRA:AT9
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SeaTwirl 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.03/1.44
=2.10

* 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.

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

For example, SeaTwirl 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)
=1.483/133.5600*133.5600
=1.483

Current CPI (Mar. 2026) = 133.5600.

SeaTwirl AB Quarterly Data

Book Value per Share CPI Adj_Book
201508 0.291 99.829 0.389
201602 0.000 100.253 0.000
201605 0.000 100.914 0.000
201608 0.398 100.968 0.526
201611 0.000 101.517 0.000
201702 1.211 102.037 1.585
201705 1.158 102.679 1.506
201708 1.139 103.138 1.475
201711 1.059 103.413 1.368
201802 0.996 103.678 1.283
201805 0.914 104.632 1.167
201808 0.859 105.197 1.091
201811 0.811 105.443 1.027
201902 0.756 105.641 0.956
201905 0.697 106.895 0.871
201908 0.572 106.716 0.716
201911 0.527 107.345 0.656
202002 0.517 106.742 0.647
202005 0.407 106.882 0.509
202008 0.367 107.571 0.456
202011 1.696 107.549 2.106
202102 1.671 108.190 2.063
202105 1.759 108.838 2.159
202203 2.346 114.825 2.729
202206 2.404 118.384 2.712
202209 2.254 122.296 2.462
202212 2.038 126.365 2.154
202303 2.456 127.042 2.582
202306 2.216 129.407 2.287
202309 2.135 130.224 2.190
202312 2.207 131.912 2.235
202403 2.111 132.205 2.133
202406 2.078 132.716 2.091
202409 1.999 132.304 2.018
202412 1.940 132.987 1.948
202503 1.971 132.825 1.982
202506 1.886 133.699 1.884
202509 1.781 133.480 1.782
202512 1.531 133.390 1.533
202603 1.483 133.560 1.483

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 2.10 mean?
SeaTwirl AB (FRA:AT9) has a Cyclically Adjusted PB Ratio of 2.10 as of Jul. 25, 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 SeaTwirl AB and its competitors. This is near median its historical median of 2.03. Over the past decade, SeaTwirl AB's Cyclically Adjusted PB Ratio has ranged from 1.64 to 2.92. According to the industry distribution chart, SeaTwirl AB ranks #1126 out of 2280 companies in the Industrial Products industry, placing it in the top 49.4%.
Is SeaTwirl AB's Cyclically Adjusted PB Ratio too high?
SeaTwirl AB's current Cyclically Adjusted PB Ratio of 2.10 is near median its 10-year median of 2.03. Over the past 10 years, this metric has ranged from a low of 1.64 to a high of 2.92. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.12. SeaTwirl AB's value of 2.10 is 0.9% below this industry median. Based on the distribution chart, SeaTwirl AB ranks #1126 out of 2280 companies in the Industrial Products industry, which is above the industry midpoint. Overall, SeaTwirl AB has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does SeaTwirl AB's Cyclically Adjusted PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, SeaTwirl AB ranks #1126 out of 2280 companies for Cyclically Adjusted PB Ratio. This puts SeaTwirl AB in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.12. SeaTwirl AB's value of 2.10 is 0.9% below this benchmark. Historically, SeaTwirl AB's own Cyclically Adjusted PB Ratio has ranged from 1.64 to 2.92 over the past decade. While the company's 10-year median is 2.03 vs. the industry median of 2.12, SeaTwirl 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 Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.12, based on 2,280 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. SeaTwirl AB's current Cyclically Adjusted PB Ratio of 2.10 is 0.9% 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 SeaTwirl AB and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SeaTwirl AB's current Cyclically Adjusted PB Ratio is 2.10, which is near median its own 10-year median of 2.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SeaTwirl AB stock overvalued right now?
SeaTwirl AB (FRA:AT9) has a current Cyclically Adjusted PB Ratio of 2.10. The current Cyclically Adjusted PB Ratio is 2.10, which is near median its 10-year median of 2.03 and 0.9% below the Industrial Products industry median of 2.12. SeaTwirl AB's overall GF Score™ is 34/100 with 1 warning sign 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 SeaTwirl AB (FRA:AT9), the current Cyclically Adjusted PB Ratio is 2.10 as of Jul. 25, 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.

SeaTwirl AB Business Description

Other Exchanges STW:Sweden
Address Lilla Bommen 1, 13th Floor, Gothenburg, SWE, 411 04
SeaTwirl AB is a turbine manufacturing company. It is engaged in developing a new type of floating wind turbine customized for the ocean. The company uses a vertical axis wind turbine with a tower that is attached to a floating structure that stretches deep below the water's surface.
34GF Score

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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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