Invisio AB (FRA:ICQ) Cyclically Adjusted PB Ratio: 16.19 (As of Aug. 01, 2026) — 53% Below Median

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FRA:ICQ Invisio AB FRA:ICQ
92 GF Score
Price €18.94
GF Value €31.67
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Invisio AB Cyclically Adjusted PB Ratio?

Invisio AB FRA:ICQ +0.64% 92 Cyclically Adjusted PB Ratio is 16.19 as of Aug. 01, 2026, which is 53% below its 10-year median of 34.54. GuruFocus rates FRA:ICQ with a GF Score™ of 92/100 and a GF Value™ of €31.67 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 1,974 Hardware companies, Invisio AB ranks worse than 95.14% on this metric.

As of today (2026-08-01), Invisio AB's current share price is €18.94. Invisio AB's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €1.17. Invisio AB's Cyclically Adjusted PB Ratio for today is 16.19.

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

FRA:ICQ' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 15.98   Med: 34.54   Max: 73.85
Current: 15.98

During the past years, Invisio AB's highest Cyclically Adjusted PB Ratio was 73.85. The lowest was 15.98. And the median was 34.54.

FRA:ICQ's Cyclically Adjusted PB Ratio is ranked worse than
95.14% of 1974 companies
in the Hardware industry
Industry Median: 1.99 vs FRA:ICQ: 15.98

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.

Invisio AB's adjusted book value per share data for the three months ended in Jun. 2026 was €2.309. 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 €1.17 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Invisio AB  (FRA:ICQ) 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.


Invisio AB Cyclically Adjusted PB Ratio Related Terms


Invisio AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Invisio 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.

Invisio AB Cyclically Adjusted PB Ratio Chart

Invisio 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 36.37 27.77 26.28 29.27 22.57

Invisio 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 33.83 28.31 22.57 21.16 15.91

FRA:ICQ vs CSCO, MSI, HPE: Cyclically Adjusted PB Ratio Comparison

For the Communication Equipment subindustry, Invisio 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.


Invisio AB Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


FRA:ICQ
92GF Score
Invisio AB FRA:ICQ
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Invisio 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=18.94/1.17
=16.19

* 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.

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

For example, Invisio 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)
=2.309/122.9700*122.9700
=2.309

Current CPI (Jun. 2026) = 122.9700.

Invisio AB Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.467 100.200 0.573
201612 0.496 100.300 0.608
201703 0.560 101.200 0.680
201706 0.530 101.200 0.644
201709 0.567 101.800 0.685
201712 0.593 101.300 0.720
201803 0.628 101.700 0.759
201806 0.597 102.300 0.718
201809 0.601 102.400 0.722
201812 0.645 102.100 0.777
201903 0.642 102.900 0.767
201906 0.636 102.900 0.760
201909 0.678 102.900 0.810
201912 0.792 102.900 0.946
202003 0.830 103.300 0.988
202006 0.776 103.200 0.925
202009 0.801 103.500 0.952
202012 0.845 103.400 1.005
202103 0.890 104.300 1.049
202106 0.897 105.000 1.051
202109 0.898 105.800 1.044
202112 0.913 106.600 1.053
202203 0.891 109.900 0.997
202206 0.906 113.600 0.981
202209 0.948 116.400 1.002
202212 1.030 115.900 1.093
202303 1.146 117.300 1.201
202306 1.263 116.400 1.334
202309 1.291 117.400 1.352
202312 1.413 116.700 1.489
202403 1.538 118.400 1.597
202406 1.565 118.500 1.624
202409 1.634 118.900 1.690
202412 1.962 118.900 2.029
202503 1.998 120.200 2.044
202506 2.045 120.700 2.083
202509 2.028 121.600 2.051
202512 2.336 121.200 2.370
202603 2.461 121.680 2.487
202606 2.309 122.970 2.309

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 16.19 mean?
Invisio AB (FRA:ICQ) has a Cyclically Adjusted PB Ratio of 16.19 as of Aug. 01, 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 Invisio AB and its competitors. This is 53% below median its historical median of 34.54. Over the past decade, Invisio AB's Cyclically Adjusted PB Ratio has ranged from 15.98 to 73.85. According to the industry distribution chart, Invisio AB ranks #1878 out of 1974 companies in the Hardware industry, placing it in the top 95.1%.
Is Invisio AB's Cyclically Adjusted PB Ratio too high?
Invisio AB's current Cyclically Adjusted PB Ratio of 16.19 is 53% below median its 10-year median of 34.54. Over the past 10 years, this metric has ranged from a low of 15.98 to a high of 73.85. The Hardware industry median Cyclically Adjusted PB Ratio is 1.99. Invisio AB's value of 16.19 is 713.6% above this industry median. Based on the distribution chart, Invisio AB ranks #1878 out of 1974 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Invisio AB has a GF Score™ of 92/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Invisio AB's Cyclically Adjusted PB Ratio compare to CSCO and MSI?
According to the Hardware industry distribution chart, Invisio AB ranks #1878 out of 1974 companies for Cyclically Adjusted PB Ratio. This places Invisio AB in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.99. Invisio AB's value of 16.19 is 713.6% above this benchmark. Historically, Invisio AB's own Cyclically Adjusted PB Ratio has ranged from 15.98 to 73.85 over the past decade. While the company's 10-year median is 34.54 vs. the industry median of 1.99, Invisio 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 Hardware company?
The median Cyclically Adjusted PB Ratio among Hardware companies is 1.99, based on 1,974 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. Invisio AB's current Cyclically Adjusted PB Ratio of 16.19 is 713.6% 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 Invisio AB and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 1.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Invisio AB's current Cyclically Adjusted PB Ratio is 16.19, which is 53% below median its own 10-year median of 34.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Invisio AB stock overvalued right now?
Based on GuruFocus' analysis, Invisio AB (FRA:ICQ) is currently considered Significantly Undervalued. The stock's GF Value™ is €31.67, compared to a current price of €18.94 — trading 40.2% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 16.19, which is 53% below median its 10-year median of 34.54 and 713.6% above the Hardware industry median of 1.99. Invisio AB's overall GF Score™ is 92/100 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 Invisio AB (FRA:ICQ), the current Cyclically Adjusted PB Ratio is 16.19 as of Aug. 01, 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 Invisio AB (FRA:ICQ) Overvalued in 2026?

Based on GuruFocus' analysis, Invisio AB stock appears to be undervalued. The current stock price of €18.94 is trading 40.2% below its estimated GF Value™ of €31.67. GuruFocus considers Invisio AB to be Significantly Undervalued.

Key valuation signals for FRA:ICQ:

  • Cyclically Adjusted PB Ratio: 16.19 (53% below median its 10-year median of 34.54)
  • GF Value™: €31.67 vs. price of €18.94 (40.2% below fair value)
  • GF Score™: 92/100 with 1 warning sign
  • Industry Position: 713.6% above the Hardware median (#1878 of 1974)

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


Invisio AB Business Description

Address Stamholmen 157, Hvidovre, DNK, DK-2650
Invisio AB develops and markets developed, integrated communications systems that help professionals in noisy and mission-critical environments to work more safely and effectively while protecting their hearing. The solutions are marketed under the INVISIO and Racal Acoustics brands. The company operates in USA, France, UK, Italy, Sweden, Canada and Thailand.
92GF Score

Get the complete analysis for FRA:ICQ

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

€18.94
Price
€31.67
GF Value