B3 Consulting Group AB (FRA:B37) Cyclically Adjusted PB Ratio: 0.98 (As of Jul. 30, 2026) — 62% Below Median

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FRA:B37 B3 Consulting Group AB FRA:B37
59 GF Score
Price €1.69
GF Value €6.04
Valuation Possible Value Trap
! 6 Warning Signs
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What is B3 Consulting Group AB Cyclically Adjusted PB Ratio?

B3 Consulting Group AB FRA:B37 59 Cyclically Adjusted PB Ratio is 0.98 as of Jul. 30, 2026, which is 62% below its 10-year median of 2.57. GuruFocus rates FRA:B37 with a GF Score™ of 59/100 and a GF Value™ of €6.04 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,577 Software companies, B3 Consulting Group AB ranks better than 74.06% on this metric.

As of today (2026-07-30), B3 Consulting Group AB's current share price is €1.685. B3 Consulting Group AB's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €1.72. B3 Consulting Group AB's Cyclically Adjusted PB Ratio for today is 0.98.

The historical rank and industry rank for B3 Consulting Group AB's Cyclically Adjusted PB Ratio or its related term are showing as below:

FRA:B37' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.96   Med: 2.57   Max: 4.47
Current: 0.99

During the past years, B3 Consulting Group AB's highest Cyclically Adjusted PB Ratio was 4.47. The lowest was 0.96. And the median was 2.57.

FRA:B37's Cyclically Adjusted PB Ratio is ranked better than
74.06% of 1577 companies
in the Software industry
Industry Median: 2.23 vs FRA:B37: 0.99

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.

B3 Consulting Group AB's adjusted book value per share data for the three months ended in Jun. 2026 was €2.216. 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 €1.72 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


B3 Consulting Group AB  (FRA:B37) 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.


B3 Consulting Group AB Cyclically Adjusted PB Ratio Related Terms


B3 Consulting Group AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for B3 Consulting 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.

B3 Consulting Group AB Cyclically Adjusted PB Ratio Chart

B3 Consulting 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 0.00 0.00 0.00 4.29 2.22

B3 Consulting 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 3.36 2.59 2.22 1.75 0.92

FRA:B37 vs IBM, ACN, FISV: Cyclically Adjusted PB Ratio Comparison

For the Information Technology Services subindustry, B3 Consulting 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.


B3 Consulting Group AB Cyclically Adjusted PB Ratio vs Software Industry

For the Software industry and Technology sector, B3 Consulting Group AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where B3 Consulting Group AB's Cyclically Adjusted PB Ratio falls into.


FRA:B37
59GF Score
B3 Consulting Group AB FRA:B37
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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B3 Consulting 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.

B3 Consulting Group AB's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.685/1.72
=0.98

* 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.

B3 Consulting Group AB's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, B3 Consulting 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)
=2.216/134.1100*134.1100
=2.216

Current CPI (Jun. 2026) = 134.1100.

B3 Consulting Group AB Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.000 101.138 0.000
201612 1.135 102.022 1.492
201703 1.251 102.022 1.644
201706 1.003 102.752 1.309
201709 1.159 103.279 1.505
201712 1.302 103.793 1.682
201803 1.193 103.962 1.539
201806 1.071 104.875 1.370
201809 1.090 105.679 1.383
201812 1.219 105.912 1.544
201903 1.277 105.886 1.617
201906 1.034 106.742 1.299
201909 1.039 107.214 1.300
201912 1.100 107.766 1.369
202003 1.183 106.563 1.489
202006 1.258 107.498 1.569
202009 1.318 107.635 1.642
202012 1.473 108.296 1.824
202103 1.553 108.360 1.922
202106 1.530 108.928 1.884
202109 1.562 110.338 1.899
202112 1.978 112.486 2.358
202203 2.250 114.825 2.628
202206 2.171 118.384 2.459
202209 2.334 122.296 2.559
202212 2.024 126.365 2.148
202303 2.353 127.042 2.484
202306 1.574 129.407 1.631
202309 1.657 130.224 1.706
202312 1.675 131.912 1.703
202403 1.661 132.205 1.685
202406 1.310 132.716 1.324
202409 2.352 132.304 2.384
202412 2.218 132.987 2.237
202503 2.183 132.825 2.204
202506 2.192 133.699 2.199
202509 2.124 133.480 2.134
202512 2.145 133.390 2.157
202603 2.147 133.560 2.156
202606 2.216 134.110 2.216

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 0.98 mean?
B3 Consulting Group AB (FRA:B37) has a Cyclically Adjusted PB Ratio of 0.98 as of Jul. 30, 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 B3 Consulting Group AB and its competitors. This is 62% below median its historical median of 2.57. Over the past decade, B3 Consulting Group AB's Cyclically Adjusted PB Ratio has ranged from 0.96 to 4.47. According to the industry distribution chart, B3 Consulting Group AB ranks #409 out of 1577 companies in the Software industry, placing it in the top 25.9%.
Is B3 Consulting Group AB's Cyclically Adjusted PB Ratio too high?
B3 Consulting Group AB's current Cyclically Adjusted PB Ratio of 0.98 is 62% below median its 10-year median of 2.57. Over the past 10 years, this metric has ranged from a low of 0.96 to a high of 4.47. The Software industry median Cyclically Adjusted PB Ratio is 2.23. B3 Consulting Group AB's value of 0.98 is 56.1% below this industry median. Based on the distribution chart, B3 Consulting Group AB ranks #409 out of 1577 companies in the Software industry, which is above the industry midpoint. Overall, B3 Consulting Group AB has a GF Score™ of 59/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does B3 Consulting Group AB's Cyclically Adjusted PB Ratio compare to IBM and ACN?
According to the Software industry distribution chart, B3 Consulting Group AB ranks #409 out of 1577 companies for Cyclically Adjusted PB Ratio. This puts B3 Consulting Group AB in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.23. B3 Consulting Group AB's value of 0.98 is 56.1% below this benchmark. Historically, B3 Consulting Group AB's own Cyclically Adjusted PB Ratio has ranged from 0.96 to 4.47 over the past decade. While the company's 10-year median is 2.57 vs. the industry median of 2.23, B3 Consulting Group 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 a Software company?
The median Cyclically Adjusted PB Ratio among Software companies is 2.23, based on 1,577 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. B3 Consulting Group AB's current Cyclically Adjusted PB Ratio of 0.98 is 56.1% 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 B3 Consulting Group AB and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. B3 Consulting Group AB's current Cyclically Adjusted PB Ratio is 0.98, which is 62% below median its own 10-year median of 2.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is B3 Consulting Group AB stock overvalued right now?
Based on GuruFocus' analysis, B3 Consulting Group AB (FRA:B37) is currently considered Possible Value Trap. The stock's GF Value™ is €6.04, compared to a current price of €1.69 — trading 72.1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.98, which is 62% below median its 10-year median of 2.57 and 56.1% below the Software industry median of 2.23. B3 Consulting Group AB's overall GF Score™ is 59/100 with 6 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 B3 Consulting Group AB (FRA:B37), the current Cyclically Adjusted PB Ratio is 0.98 as of Jul. 30, 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 B3 Consulting Group AB (FRA:B37) Overvalued in 2026?

Based on GuruFocus' analysis, B3 Consulting Group AB stock appears to be undervalued. The current stock price of €1.69 is trading 72.1% below its estimated GF Value™ of €6.04. GuruFocus considers B3 Consulting Group AB to be Possible Value Trap.

Key valuation signals for FRA:B37:

  • Cyclically Adjusted PB Ratio: 0.98 (62% below median its 10-year median of 2.57)
  • GF Value™: €6.04 vs. price of €1.69 (72.1% below fair value)
  • GF Score™: 59/100 with 6 warning signs
  • Industry Position: 56.1% below the Software median (#409 of 1577)

No single metric tells the full story. See the FRA:B37 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


B3 Consulting Group AB Business Description

Other Exchanges B3:Sweden0RL1:UKB37:Germany
Address Kungsbron 2, Box 8, Stockholm, SWE, SE-101 20
B3 Consulting Group AB is a Sweden based consultancy company which help businesses to streamline their IT operations by developing their technology, processes, strategies, and organization. The company has expertise in fields such as IT management, systems development, databases, telecommunications solutions, healthcare, infrastructure and cloud solutions, testing and quality management, and digital channels.
59GF Score

Get the complete analysis for FRA:B37

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

€1.69
Price
€6.04
GF Value