Samhallsbyggnadsbolaget i Norden AB (FRA:JSIA) Cyclically Adjusted PB Ratio: 0.09 (As of Sep. 13, 2026) — 31% Below Median

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FRA:JSIA Samhallsbyggnadsbolaget i Norden AB FRA:JSIA
43 GF Score
Price €0.50
GF Value €0.59
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Samhallsbyggnadsbolaget i Norden AB Cyclically Adjusted PB Ratio?

Samhallsbyggnadsbolaget i Norden AB FRA:JSIA -2.33% 43 Cyclically Adjusted PB Ratio is 0.09 as of Sep. 13, 2026, which is 31% below its 10-year median of 0.13. GuruFocus rates FRA:JSIA with a GF Score™ of 43/100 and a GF Value™ of €0.59 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 1,301 Real Estate companies, Samhallsbyggnadsbolaget i Norden AB ranks better than 90.55% on this metric.

As of today (2026-09-13), Samhallsbyggnadsbolaget i Norden AB's current share price is €0.503. Samhallsbyggnadsbolaget i Norden AB's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €5.76. Samhallsbyggnadsbolaget i Norden AB's Cyclically Adjusted PB Ratio for today is 0.09.

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

FRA:JSIA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.09   Med: 0.13   Max: 0.23
Current: 0.09

During the past years, Samhallsbyggnadsbolaget i Norden AB's highest Cyclically Adjusted PB Ratio was 0.23. The lowest was 0.09. And the median was 0.13.

FRA:JSIA's Cyclically Adjusted PB Ratio is ranked better than
90.55% of 1301 companies
in the Real Estate industry
Industry Median: 0.66 vs FRA:JSIA: 0.09

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.

Samhallsbyggnadsbolaget i Norden AB's adjusted book value per share data for the three months ended in Jun. 2026 was €1.018. 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 €5.76 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Samhallsbyggnadsbolaget i Norden AB  (FRA:JSIA) 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.


Samhallsbyggnadsbolaget i Norden AB Cyclically Adjusted PB Ratio Related Terms


Samhallsbyggnadsbolaget i Norden AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Samhallsbyggnadsbolaget i Norden 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.

Samhallsbyggnadsbolaget i Norden AB Cyclically Adjusted PB Ratio Chart

Samhallsbyggnadsbolaget i Norden 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 0.14 0.14

Samhallsbyggnadsbolaget i Norden 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 0.17 0.15 0.14 0.11 0.10

FRA:JSIA vs CBRE, BEKE, JLL: Cyclically Adjusted PB Ratio Comparison

For the Real Estate Services subindustry, Samhallsbyggnadsbolaget i Norden 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.


Samhallsbyggnadsbolaget i Norden AB Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Samhallsbyggnadsbolaget i Norden AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:JSIA
43GF Score
Samhallsbyggnadsbolaget i Norden AB FRA:JSIA
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Samhallsbyggnadsbolaget i Norden 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.

Samhallsbyggnadsbolaget i Norden AB's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.503/5.76
=0.09

* 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.

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

For example, Samhallsbyggnadsbolaget i Norden 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)
=1.018/134.6100*134.6100
=1.018

Current CPI (Jun. 2026) = 134.6100.

Samhallsbyggnadsbolaget i Norden AB Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.556 101.138 0.740
201612 25.102 102.022 33.120
201703 0.000 102.022 0.000
201706 0.000 102.752 0.000
201709 0.952 103.279 1.241
201712 0.958 103.793 1.242
201803 1.008 103.962 1.305
201806 1.043 104.875 1.339
201809 1.214 105.679 1.546
201812 1.397 105.912 1.776
201903 1.357 105.886 1.725
201906 1.762 106.742 2.222
201909 1.779 107.214 2.234
201912 3.013 107.766 3.764
202003 2.308 106.563 2.915
202006 2.414 107.498 3.023
202009 2.770 107.635 3.464
202012 3.344 108.296 4.157
202103 3.643 108.360 4.526
202106 3.757 108.928 4.643
202109 4.144 110.338 5.056
202112 4.178 112.486 5.000
202203 4.771 114.825 5.593
202206 4.393 118.384 4.995
202209 4.201 122.296 4.624
202212 3.347 126.365 3.565
202303 2.914 127.042 3.088
202306 2.216 129.407 2.305
202309 1.946 130.224 2.012
202312 1.865 131.912 1.903
202403 1.717 132.205 1.748
202406 1.650 132.716 1.674
202409 1.461 132.304 1.486
202412 1.123 132.987 1.137
202503 1.260 132.825 1.277
202506 1.142 133.699 1.150
202509 1.161 133.480 1.171
202512 1.022 133.390 1.031
202603 1.053 133.560 1.061
202606 1.018 134.610 1.018

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 0.09 mean?
Samhallsbyggnadsbolaget i Norden AB (FRA:JSIA) has a Cyclically Adjusted PB Ratio of 0.09 as of Sep. 13, 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 Samhallsbyggnadsbolaget i Norden AB and its competitors. This is 31% below median its historical median of 0.13. Over the past decade, Samhallsbyggnadsbolaget i Norden AB's Cyclically Adjusted PB Ratio has ranged from 0.09 to 0.23. According to the industry distribution chart, Samhallsbyggnadsbolaget i Norden AB ranks #123 out of 1301 companies in the Real Estate industry, placing it in the top 9.5%.
Is Samhallsbyggnadsbolaget i Norden AB's Cyclically Adjusted PB Ratio too high?
Samhallsbyggnadsbolaget i Norden AB's current Cyclically Adjusted PB Ratio of 0.09 is 31% below median its 10-year median of 0.13. Over the past 10 years, this metric has ranged from a low of 0.09 to a high of 0.23. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.66. Samhallsbyggnadsbolaget i Norden AB's value of 0.09 is 86.4% below this industry median. Based on the distribution chart, Samhallsbyggnadsbolaget i Norden AB ranks #123 out of 1301 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Samhallsbyggnadsbolaget i Norden AB has a GF Score™ of 43/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Samhallsbyggnadsbolaget i Norden AB's Cyclically Adjusted PB Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Samhallsbyggnadsbolaget i Norden AB ranks #123 out of 1301 companies for Cyclically Adjusted PB Ratio. This places Samhallsbyggnadsbolaget i Norden AB in the top 10% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 0.66. Samhallsbyggnadsbolaget i Norden AB's value of 0.09 is 86.4% below this benchmark. Historically, Samhallsbyggnadsbolaget i Norden AB's own Cyclically Adjusted PB Ratio has ranged from 0.09 to 0.23 over the past decade. While the company's 10-year median is 0.13 vs. the industry median of 0.66, Samhallsbyggnadsbolaget i Norden 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 Real Estate company?
The median Cyclically Adjusted PB Ratio among Real Estate companies is 0.66, based on 1,301 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. Samhallsbyggnadsbolaget i Norden AB's current Cyclically Adjusted PB Ratio of 0.09 is 86.4% 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 Samhallsbyggnadsbolaget i Norden AB and its competitors. For the Real Estate industry, the median Cyclically Adjusted PB Ratio is 0.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Samhallsbyggnadsbolaget i Norden AB's current Cyclically Adjusted PB Ratio is 0.09, which is 31% below median its own 10-year median of 0.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Samhallsbyggnadsbolaget i Norden AB stock overvalued right now?
Based on GuruFocus' analysis, Samhallsbyggnadsbolaget i Norden AB (FRA:JSIA) is currently considered Modestly Undervalued. The stock's GF Value™ is €0.59, compared to a current price of €0.50 — trading 14.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.09, which is 31% below median its 10-year median of 0.13 and 86.4% below the Real Estate industry median of 0.66. Samhallsbyggnadsbolaget i Norden AB's overall GF Score™ is 43/100 with 7 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 Samhallsbyggnadsbolaget i Norden AB (FRA:JSIA), the current Cyclically Adjusted PB Ratio is 0.09 as of Sep. 13, 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 Samhallsbyggnadsbolaget i Norden AB (FRA:JSIA) Overvalued in 2026?

Based on GuruFocus' analysis, Samhallsbyggnadsbolaget i Norden AB stock appears to be undervalued. The current stock price of €0.50 is trading 14.7% below its estimated GF Value™ of €0.59. GuruFocus considers Samhallsbyggnadsbolaget i Norden AB to be Modestly Undervalued.

Key valuation signals for FRA:JSIA:

  • Cyclically Adjusted PB Ratio: 0.09 (31% below median its 10-year median of 0.13)
  • GF Value™: €0.59 vs. price of €0.50 (14.7% below fair value)
  • GF Score™: 43/100 with 7 warning signs
  • Industry Position: 86.4% below the Real Estate median (#123 of 1301)

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


Samhallsbyggnadsbolaget i Norden AB Business Description

Address Strandvagen 1, Stockholm, SWE, 114 51
Samhallsbyggnadsbolaget i Norden AB is a Sweden-based real estate company engaged in owning, managing, and developing residential and community service properties, with a focus on long-term property ownership across Sweden. The group operates through four segments: Community, Residential, Education, and Development. The Community segment comprises schools, elderly care units, LSS units, and properties used by municipal and governmental authorities; the Residential segment includes apartments in apartment buildings as well as townhouses; the Education segment consists of preschools, compulsory and upper-secondary schools, and universities; and the Development segment comprises properties that require further investment to realize their full potential.
43GF Score

Get the complete analysis for FRA:JSIA

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

€0.50
Price
€0.59
GF Value