Cell Impact (FRA:ICL) Cyclically Adjusted PB Ratio: 0.05 (As of Aug. 06, 2026) — 94% Below Median

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What is Cell Impact Cyclically Adjusted PB Ratio?

Cell Impact FRA:ICL +34.33% Cyclically Adjusted PB Ratio is 0.05 as of Aug. 06, 2026, which is 94% below its 10-year median of 0.90. The stock has 7 warning signs investors should review. Among 2,254 Industrial Products companies, Cell Impact ranks better than 99.56% on this metric.

As of today (2026-08-06), Cell Impact's current share price is €0.009. Cell Impact's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €0.18. Cell Impact's Cyclically Adjusted PB Ratio for today is 0.05.

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

FRA:ICL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.02   Med: 0.9   Max: 68.23
Current: 0.02

During the past years, Cell Impact's highest Cyclically Adjusted PB Ratio was 68.23. The lowest was 0.02. And the median was 0.90.

FRA:ICL's Cyclically Adjusted PB Ratio is ranked better than
99.56% of 2254 companies
in the Industrial Products industry
Industry Median: 2.065 vs FRA:ICL: 0.02

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.

Cell Impact's adjusted book value per share data for the three months ended in Mar. 2026 was €0.020. 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 €0.18 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cell Impact  (FRA:ICL) 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.


Cell Impact Cyclically Adjusted PB Ratio Related Terms


Cell Impact Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Cell Impact'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.

Cell Impact Cyclically Adjusted PB Ratio Chart

Cell Impact 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 22.48 6.31 0.35 0.22 0.04

Cell Impact 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 0.16 0.12 0.04 0.04 0.04

FRA:ICL vs CRS, ATI, MLI: Cyclically Adjusted PB Ratio Comparison

For the Metal Fabrication subindustry, Cell Impact'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.


Cell Impact Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

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



Cell Impact 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.

Cell Impact's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.009/0.18
=0.05

* 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.

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

For example, Cell Impact'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)
=0.02/133.5600*133.5600
=0.020

Current CPI (Mar. 2026) = 133.5600.

Cell Impact Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.026 101.019 0.034
201609 0.011 101.138 0.015
201612 0.253 102.022 0.331
201703 0.249 102.022 0.326
201706 0.216 102.752 0.281
201709 0.191 103.279 0.247
201712 0.138 103.793 0.178
201803 0.304 103.962 0.391
201806 0.192 104.875 0.245
201809 0.137 105.679 0.173
201812 0.085 105.912 0.107
201903 0.041 105.886 0.052
201906 0.173 106.742 0.216
201909 0.158 107.214 0.197
201912 0.117 107.766 0.145
202003 0.084 106.563 0.105
202006 0.133 107.498 0.165
202009 0.119 107.635 0.148
202012 0.417 108.296 0.514
202103 0.386 108.360 0.476
202106 0.340 108.928 0.417
202109 0.308 110.338 0.373
202112 0.310 112.486 0.368
202203 0.665 114.825 0.774
202206 0.624 118.384 0.704
202209 0.569 122.296 0.621
202212 0.514 126.365 0.543
202303 0.456 127.042 0.479
202306 0.396 129.407 0.409
202309 0.354 130.224 0.363
202312 0.191 131.912 0.193
202403 0.174 132.205 0.176
202406 0.162 132.716 0.163
202409 0.160 132.304 0.162
202412 0.114 132.987 0.114
202503 0.108 132.825 0.109
202506 0.095 133.699 0.095
202509 0.042 133.480 0.042
202512 0.027 133.390 0.027
202603 0.020 133.560 0.020

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 0.05 mean?
Cell Impact (FRA:ICL) has a Cyclically Adjusted PB Ratio of 0.05 as of Aug. 06, 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 Cell Impact and its competitors. This is 94% below median its historical median of 0.90. Over the past decade, Cell Impact's Cyclically Adjusted PB Ratio has ranged from 0.02 to 68.23. According to the industry distribution chart, Cell Impact ranks #10 out of 2254 companies in the Industrial Products industry, placing it in the top 0.40000000000001%.
Is Cell Impact's Cyclically Adjusted PB Ratio too high?
Cell Impact's current Cyclically Adjusted PB Ratio of 0.05 is 94% below median its 10-year median of 0.90. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 68.23. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.07. Cell Impact's value of 0.05 is 97.6% below this industry median. Based on the distribution chart, Cell Impact ranks #10 out of 2254 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers.
How does Cell Impact's Cyclically Adjusted PB Ratio compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Cell Impact ranks #10 out of 2254 companies for Cyclically Adjusted PB Ratio. This places Cell Impact in the top 0% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 2.07. Cell Impact's value of 0.05 is 97.6% below this benchmark. Historically, Cell Impact's own Cyclically Adjusted PB Ratio has ranged from 0.02 to 68.23 over the past decade. While the company's 10-year median is 0.90 vs. the industry median of 2.07, Cell Impact 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 2.07, based on 2,254 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. Cell Impact's current Cyclically Adjusted PB Ratio of 0.05 is 97.6% 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 Cell Impact and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cell Impact's current Cyclically Adjusted PB Ratio is 0.05, which is 94% below median its own 10-year median of 0.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cell Impact stock overvalued right now?
Cell Impact (FRA:ICL) has a current Cyclically Adjusted PB Ratio of 0.05. The stock's GF Value™ is €0.01, compared to a current price of €0.01 — trading 10% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.05, which is 94% below median its 10-year median of 0.90 and 97.6% below the Industrial Products industry median of 2.07. 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 Cell Impact (FRA:ICL), the current Cyclically Adjusted PB Ratio is 0.05 as of Aug. 06, 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.

Cell Impact Business Description

Other Exchanges CI:Sweden
Address Kallmossvagen 7A, Karlskoga, SWE, 691 52
Cell Impact develops and manufactures flow plates for fuel cells and electrolyzers using materials such as graphite, stainless steel, and titanium. The company has developed and patented a high-velocity forming method, known as Cell Impact Forming, which enables the production of flow plates with advanced designs. Geographically, it operates in Sweden, Asia, the U.S., and Other Europe. It generates the majority of its revenue from Sweden.