Essity AB (FRA:ESWB) Cyclically Adjusted PB Ratio: 2.81 (As of Jul. 22, 2026) — Near Median

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FRA:ESWB Essity AB FRA:ESWB
89 GF Score
Price €25.38
GF Value €24.54
Valuation Fairly Valued
! 2 Warning Signs
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What is Essity AB Cyclically Adjusted PB Ratio?

Essity AB FRA:ESWB -0.24% 89 Cyclically Adjusted PB Ratio is 2.81 as of Jul. 22, 2026, which is 4% above its 10-year median of 2.70. GuruFocus rates FRA:ESWB with a GF Score™ of 89/100 and a GF Value™ of €24.54 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,441 Consumer Packaged Goods companies, Essity AB ranks worse than 76.82% on this metric.

As of today (2026-07-22), Essity AB's current share price is €25.38. Essity AB's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €9.04. Essity AB's Cyclically Adjusted PB Ratio for today is 2.81.

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

FRA:ESWB' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.46   Med: 2.7   Max: 3.07
Current: 2.77

During the past years, Essity AB's highest Cyclically Adjusted PB Ratio was 3.07. The lowest was 2.46. And the median was 2.70.

FRA:ESWB's Cyclically Adjusted PB Ratio is ranked worse than
76.82% of 1441 companies
in the Consumer Packaged Goods industry
Industry Median: 1.27 vs FRA:ESWB: 2.77

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.

Essity AB's adjusted book value per share data for the three months ended in Jun. 2026 was €12.470. 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 €9.04 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Essity AB  (FRA:ESWB) 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.


Essity AB Cyclically Adjusted PB Ratio Related Terms


Essity AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Essity 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.

Essity AB Cyclically Adjusted PB Ratio Chart

Essity 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 2.71

Essity 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 2.74 2.54 2.71 2.46 2.74

FRA:ESWB vs PG, CL, KVUE: Cyclically Adjusted PB Ratio Comparison

For the Household & Personal Products subindustry, Essity 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.


Essity AB Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Essity AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:ESWB
89GF Score
Essity AB FRA:ESWB
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Essity 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=25.38/9.04
=2.81

* 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.

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

For example, Essity 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)
=12.47/134.1100*134.1100
=12.470

Current CPI (Jun. 2026) = 134.1100.

Essity AB Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.000 101.138 0.000
201612 4.868 102.022 6.399
201703 5.350 102.022 7.033
201706 5.477 102.752 7.148
201709 5.722 103.279 7.430
201712 6.062 103.793 7.833
201803 6.430 103.962 8.295
201806 6.267 104.875 8.014
201809 6.275 105.679 7.963
201812 6.533 105.912 8.272
201903 6.807 105.886 8.621
201906 6.458 106.742 8.114
201909 6.849 107.214 8.567
201912 7.353 107.766 9.150
202003 7.512 106.563 9.454
202006 7.507 107.498 9.365
202009 7.768 107.635 9.679
202012 7.606 108.296 9.419
202103 7.592 108.360 9.396
202106 7.985 108.928 9.831
202109 8.023 110.338 9.752
202112 8.300 112.486 9.896
202203 8.059 114.825 9.413
202206 8.970 118.384 10.162
202209 9.756 122.296 10.698
202212 8.722 126.365 9.257
202303 8.170 127.042 8.625
202306 8.667 129.407 8.982
202309 8.688 130.224 8.947
202312 9.018 131.912 9.168
202403 10.281 132.205 10.429
202406 10.528 132.716 10.639
202409 10.518 132.304 10.662
202412 11.048 132.987 11.141
202503 10.456 132.825 10.557
202506 10.637 133.699 10.670
202509 11.086 133.480 11.138
202512 11.519 133.390 11.581
202603 11.963 133.560 12.012
202606 12.470 134.110 12.470

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 2.81 mean?
Essity AB (FRA:ESWB) has a Cyclically Adjusted PB Ratio of 2.81 as of Jul. 22, 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 Essity AB and its competitors. This is near median its historical median of 2.70. Over the past decade, Essity AB's Cyclically Adjusted PB Ratio has ranged from 2.46 to 3.07. According to the industry distribution chart, Essity AB ranks #1107 out of 1441 companies in the Consumer Packaged Goods industry, placing it in the top 76.8%.
Is Essity AB's Cyclically Adjusted PB Ratio too high?
Essity AB's current Cyclically Adjusted PB Ratio of 2.81 is near median its 10-year median of 2.70. Over the past 10 years, this metric has ranged from a low of 2.46 to a high of 3.07. The Consumer Packaged Goods industry median Cyclically Adjusted PB Ratio is 1.27. Essity AB's value of 2.81 is 121.3% above this industry median. Based on the distribution chart, Essity AB ranks #1107 out of 1441 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Essity AB has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Essity AB's Cyclically Adjusted PB Ratio compare to PG and CL?
According to the Consumer Packaged Goods industry distribution chart, Essity AB ranks #1107 out of 1441 companies for Cyclically Adjusted PB Ratio. This places Essity AB in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.27. Essity AB's value of 2.81 is 121.3% above this benchmark. Historically, Essity AB's own Cyclically Adjusted PB Ratio has ranged from 2.46 to 3.07 over the past decade. While the company's 10-year median is 2.70 vs. the industry median of 1.27, Essity 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 Consumer Packaged Goods company?
The median Cyclically Adjusted PB Ratio among Consumer Packaged Goods companies is 1.27, based on 1,441 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. Essity AB's current Cyclically Adjusted PB Ratio of 2.81 is 121.3% 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 Essity AB and its competitors. For the Consumer Packaged Goods industry, the median Cyclically Adjusted PB Ratio is 1.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Essity AB's current Cyclically Adjusted PB Ratio is 2.81, which is near median its own 10-year median of 2.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Essity AB stock overvalued right now?
Based on GuruFocus' analysis, Essity AB (FRA:ESWB) is currently considered Fairly Valued. The stock's GF Value™ is €24.54, compared to a current price of €25.38 — trading 3.4% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.81, which is near median its 10-year median of 2.70 and 121.3% above the Consumer Packaged Goods industry median of 1.27. Essity AB's overall GF Score™ is 89/100 with 2 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 Essity AB (FRA:ESWB), the current Cyclically Adjusted PB Ratio is 2.81 as of Jul. 22, 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 Essity AB (FRA:ESWB) Overvalued in 2026?

Based on GuruFocus' analysis, Essity AB stock appears to be overvalued. The current stock price of €25.38 is trading 3.4% above its estimated GF Value™ of €24.54. GuruFocus considers Essity AB to be Fairly Valued.

Key valuation signals for FRA:ESWB:

  • Cyclically Adjusted PB Ratio: 2.81 (near median its 10-year median of 2.70)
  • GF Value™: €24.54 vs. price of €25.38 (3.4% above fair value)
  • GF Score™: 89/100 with 2 warning signs
  • Industry Position: 121.3% above the Consumer Packaged Goods median (#1107 of 1441)

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


Essity AB Business Description

Address Klarabergsviadukten 63, PO Box 200, Stockholm, SWE, SE-101 23
Essity is a health and hygiene company spun out of Svenska Cellulosa in June 2017. Essity's products span the feminine care, baby care, toilet paper, facial tissue, and wet wipes categories, as well as hand soap, hand sanitizers, and tissue dispensers for institutional customers. Essity also offers medical solutions in the form of wound care, orthopedics, and compression therapy, accounting for around 8% of net sales. Essity operates in 150 markets and generates 61% of its revenue in Europe.
89GF Score

Get the complete analysis for FRA:ESWB

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

€25.38
Price
€24.54
GF Value