EmbeddedArt Group AB (publ) (FRA:K0D) Cyclically Adjusted PB Ratio: 0.35 (As of Aug. 23, 2026) — 15% Below Median

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FRA:K0D EmbeddedArt Group AB (publ) FRA:K0D
20 GF Score
Price €0.55
! 2 Warning Signs
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What is EmbeddedArt Group AB (publ) Cyclically Adjusted PB Ratio?

EmbeddedArt Group AB (publ) FRA:K0D +7.86% 20 Cyclically Adjusted PB Ratio is 0.35 as of Aug. 23, 2026, which is 15% below its 10-year median of 0.41. GuruFocus rates FRA:K0D with a GF Score™ of 20/100. The stock has 2 warning signs investors should review. Among 1,945 Hardware companies, EmbeddedArt Group AB (publ) ranks better than 91.21% on this metric.

As of today (2026-08-23), EmbeddedArt Group AB (publ)'s current share price is €0.549. EmbeddedArt Group AB (publ)'s Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €1.59. EmbeddedArt Group AB (publ)'s Cyclically Adjusted PB Ratio for today is 0.35.

The historical rank and industry rank for EmbeddedArt Group AB (publ)'s Cyclically Adjusted PB Ratio or its related term are showing as below:

FRA:K0D' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.34   Med: 0.41   Max: 0.6
Current: 0.36

During the past years, EmbeddedArt Group AB (publ)'s highest Cyclically Adjusted PB Ratio was 0.60. The lowest was 0.34. And the median was 0.41.

FRA:K0D's Cyclically Adjusted PB Ratio is ranked better than
91.21% of 1945 companies
in the Hardware industry
Industry Median: 2.03 vs FRA:K0D: 0.36

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.

EmbeddedArt Group AB (publ)'s adjusted book value per share data for the three months ended in Mar. 2026 was €0.151. 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 €1.59 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


EmbeddedArt Group AB (publ)  (FRA:K0D) 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.


EmbeddedArt Group AB (publ) Cyclically Adjusted PB Ratio Related Terms


EmbeddedArt Group AB (publ) Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for EmbeddedArt Group AB (publ)'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.

EmbeddedArt Group AB (publ) Cyclically Adjusted PB Ratio Chart

EmbeddedArt Group AB (publ) 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 0.58

EmbeddedArt Group AB (publ) 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 0.00 0.00 0.00 0.58 0.47

FRA:K0D vs COHR, KEYS, GRMN: Cyclically Adjusted PB Ratio Comparison

For the Scientific & Technical Instruments subindustry, EmbeddedArt Group AB (publ)'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.


EmbeddedArt Group AB (publ) Cyclically Adjusted PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, EmbeddedArt Group AB (publ)'s Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where EmbeddedArt Group AB (publ)'s Cyclically Adjusted PB Ratio falls into.


FRA:K0D
20GF Score
EmbeddedArt Group AB (publ) FRA:K0D
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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EmbeddedArt Group AB (publ) 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.

EmbeddedArt Group AB (publ)'s Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.549/1.59
=0.35

* 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.

EmbeddedArt Group AB (publ)'s Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, EmbeddedArt Group AB (publ)'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)
=0.151/133.5600*133.5600
=0.151

Current CPI (Mar. 2026) = 133.5600.

EmbeddedArt Group AB (publ) Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.306 101.019 0.405
201609 -0.677 101.138 -0.894
201612 2.511 102.022 3.287
201703 1.670 102.022 2.186
201706 0.534 102.752 0.694
201709 -0.102 103.279 -0.132
201712 1.940 103.793 2.496
201803 1.308 103.962 1.680
201806 0.641 104.875 0.816
201809 -0.017 105.679 -0.021
201812 1.534 105.912 1.934
201903 1.053 105.886 1.328
201906 0.489 106.742 0.612
201909 2.043 107.214 2.545
201912 1.256 107.766 1.557
202003 0.720 106.563 0.902
202006 0.390 107.498 0.485
202009 10.067 107.635 12.492
202012 3.283 108.296 4.049
202103 4.374 108.360 5.391
202106 3.743 108.928 4.589
202109 2.804 110.338 3.394
202112 6.464 112.486 7.675
202203 2.638 114.825 3.068
202206 1.962 118.384 2.214
202209 2.480 122.296 2.708
202212 1.958 126.365 2.069
202303 1.513 127.042 1.591
202306 1.010 129.407 1.042
202309 0.830 130.224 0.851
202312 0.357 131.912 0.361
202403 -0.095 132.205 -0.096
202406 0.042 132.716 0.042
202409 0.035 132.304 0.035
202412 0.031 132.987 0.031
202503 0.033 132.825 0.033
202506 0.036 133.699 0.036
202509 0.036 133.480 0.036
202512 0.072 133.390 0.072
202603 0.151 133.560 0.151

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 0.35 mean?
EmbeddedArt Group AB (publ) (FRA:K0D) has a Cyclically Adjusted PB Ratio of 0.35 as of Aug. 23, 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 EmbeddedArt Group AB (publ) and its competitors. This is 15% below median its historical median of 0.41. Over the past decade, EmbeddedArt Group AB (publ)'s Cyclically Adjusted PB Ratio has ranged from 0.34 to 0.60. According to the industry distribution chart, EmbeddedArt Group AB (publ) ranks #171 out of 1945 companies in the Hardware industry, placing it in the top 8.8%.
Is EmbeddedArt Group AB (publ)'s Cyclically Adjusted PB Ratio too high?
EmbeddedArt Group AB (publ)'s current Cyclically Adjusted PB Ratio of 0.35 is 15% below median its 10-year median of 0.41. Over the past 10 years, this metric has ranged from a low of 0.34 to a high of 0.60. The Hardware industry median Cyclically Adjusted PB Ratio is 2.03. EmbeddedArt Group AB (publ)'s value of 0.35 is 82.8% below this industry median. Based on the distribution chart, EmbeddedArt Group AB (publ) ranks #171 out of 1945 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, EmbeddedArt Group AB (publ) has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does EmbeddedArt Group AB (publ)'s Cyclically Adjusted PB Ratio compare to COHR and KEYS?
According to the Hardware industry distribution chart, EmbeddedArt Group AB (publ) ranks #171 out of 1945 companies for Cyclically Adjusted PB Ratio. This places EmbeddedArt Group AB (publ) in the top 9% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 2.03. EmbeddedArt Group AB (publ)'s value of 0.35 is 82.8% below this benchmark. Historically, EmbeddedArt Group AB (publ)'s own Cyclically Adjusted PB Ratio has ranged from 0.34 to 0.60 over the past decade. While the company's 10-year median is 0.41 vs. the industry median of 2.03, EmbeddedArt Group AB (publ) 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 Hardware company?
The median Cyclically Adjusted PB Ratio among Hardware companies is 2.03, based on 1,945 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. EmbeddedArt Group AB (publ)'s current Cyclically Adjusted PB Ratio of 0.35 is 82.8% 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 EmbeddedArt Group AB (publ) and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. EmbeddedArt Group AB (publ)'s current Cyclically Adjusted PB Ratio is 0.35, which is 15% below median its own 10-year median of 0.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EmbeddedArt Group AB (publ) stock overvalued right now?
EmbeddedArt Group AB (publ) (FRA:K0D) has a current Cyclically Adjusted PB Ratio of 0.35. The current Cyclically Adjusted PB Ratio is 0.35, which is 15% below median its 10-year median of 0.41 and 82.8% below the Hardware industry median of 2.03. EmbeddedArt Group AB (publ)'s overall GF Score™ is 20/100 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 EmbeddedArt Group AB (publ) (FRA:K0D), the current Cyclically Adjusted PB Ratio is 0.35 as of Aug. 23, 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.

EmbeddedArt Group AB (publ) Business Description

Other Exchanges EMART:Sweden
Address Kungsholmsgatan 8B, Stockholm, SWE, 112 27
EmbeddedArt Group AB (publ) offers security solutions. The company develops, manufactures and sells alarm and surveillance systems. The products are sold under various brands and via the company's resellers, where the customers are mainly boat owners and other private individuals.
20GF Score

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

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