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Medistim ASAFRA:MD1 -0.49%99 Cyclically Adjusted PB Ratio is 12.44 as of Jul. 30, 2026, which is 19% below its 10-year median of 15.37. GuruFocus rates FRA:MD1 with a GF Score™ of 99/100 and a GF Value™ of €23.24 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 520 Medical Devices & Instruments companies, Medistim ASA ranks worse than 94.81% on this metric.
The historical rank and industry rank for Medistim ASA's Cyclically Adjusted PB Ratio or its related term are showing as below:
FRA:MD1'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 7.71 Med: 15.37 Max: 36.83
Current: 11.92
During the past years, Medistim ASA's highest Cyclically Adjusted PB Ratio was 36.83. The lowest was 7.71. And the median was 15.37.
FRA:MD1's Cyclically Adjusted PB Ratio is ranked worse than 94.81% of 520
companies
in the Medical Devices & Instruments industry
Industry Median: 1.8
vs FRA:MD1: 11.92
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.
Medistim ASA's adjusted book value per share data for the three months ended in Mar. 2026 was €2.482. 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 €1.64 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Medistim ASA (FRA:MD1) 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.
Medistim ASA Cyclically Adjusted PB Ratio Related Terms
Medistim ASA Cyclically Adjusted PB Ratio Historical Data
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The historical data trend for Medistim ASA'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.
FRA:MD1 vs ABT, SYK, MDT: Cyclically Adjusted PB Ratio Comparison
For the Medical Devices subindustry, Medistim ASA'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.
Medistim ASA Cyclically Adjusted PB Ratio vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Medistim ASA's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Medistim ASA's Cyclically Adjusted PB Ratio falls into.
Medistim ASA 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.
Medistim ASA's Cyclically Adjusted PB Ratio for today is calculated as
* 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.
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 12.44 mean?
Medistim ASA (FRA:MD1) has a Cyclically Adjusted PB Ratio of 12.44 as of Jul. 30, 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 Medistim ASA and its competitors. This is 19% below median its historical median of 15.37. Over the past decade, Medistim ASA's Cyclically Adjusted PB Ratio has ranged from 7.71 to 36.83. According to the industry distribution chart, Medistim ASA ranks #493 out of 520 companies in the Medical Devices & Instruments industry, placing it in the top 94.8%.
Is Medistim ASA's Cyclically Adjusted PB Ratio too high?
Medistim ASA's current Cyclically Adjusted PB Ratio of 12.44 is 19% below median its 10-year median of 15.37. Over the past 10 years, this metric has ranged from a low of 7.71 to a high of 36.83. The Medical Devices & Instruments industry median Cyclically Adjusted PB Ratio is 1.80. Medistim ASA's value of 12.44 is 591.1% above this industry median. Based on the distribution chart, Medistim ASA ranks #493 out of 520 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers. Overall, Medistim ASA has a GF Score™ of 99/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Medistim ASA's Cyclically Adjusted PB Ratio compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Medistim ASA ranks #493 out of 520 companies for Cyclically Adjusted PB Ratio. This places Medistim ASA in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.80. Medistim ASA's value of 12.44 is 591.1% above this benchmark. Historically, Medistim ASA's own Cyclically Adjusted PB Ratio has ranged from 7.71 to 36.83 over the past decade. While the company's 10-year median is 15.37 vs. the industry median of 1.80, Medistim ASA 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 Medical Devices & Instruments company?
The median Cyclically Adjusted PB Ratio among Medical Devices & Instruments companies is 1.80, based on 520 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. Medistim ASA's current Cyclically Adjusted PB Ratio of 12.44 is 591.1% 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 Medistim ASA and its competitors. For the Medical Devices & Instruments industry, the median Cyclically Adjusted PB Ratio is 1.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Medistim ASA's current Cyclically Adjusted PB Ratio is 12.44, which is 19% below median its own 10-year median of 15.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Medistim ASA stock overvalued right now?
Based on GuruFocus' analysis, Medistim ASA (FRA:MD1) is currently considered Modestly Undervalued. The stock's GF Value™ is €23.24, compared to a current price of €20.40 — trading 12.2% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 12.44, which is 19% below median its 10-year median of 15.37 and 591.1% above the Medical Devices & Instruments industry median of 1.80. Medistim ASA's overall GF Score™ is 99/100 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 Medistim ASA (FRA:MD1), the current Cyclically Adjusted PB Ratio is 12.44 as of Jul. 30, 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 Medistim ASA (FRA:MD1) Overvalued in 2026?
Based on GuruFocus' analysis, Medistim ASA stock appears to be undervalued.
The current stock price of €20.40 is trading 12.2% below its estimated GF Value™ of €23.24.
GuruFocus considers Medistim ASA to be Modestly Undervalued.
Key valuation signals for FRA:MD1:
Cyclically Adjusted PB Ratio: 12.44 (19% below median its 10-year median of 15.37)
GF Value™: €23.24 vs. price of €20.40 (12.2% below fair value)
Industry Position: 591.1% above the Medical Devices & Instruments median (#493 of 520)
No single metric tells the full story. See the FRA:MD1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Medistim ASA is a medical device company. It is engaged in researching, developing, producing, distributing, and sales of medical equipment through its own business or participation in other companies, as well as related activities. The company's business is focused on cardiac and vascular surgery. The group operates in the USA, Europe, China, and the Rest of the World. The main divisions are sale of own products and sale of third-party products. Sale of own products has two business models, the capital model and the lease model. Third-party products segment sells medical devices from third party manufacturers in Norway, Sweden and Denmark. Key revenue is generated from Own Products segment.
99GF Score
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