Vivesto AB (FRA:OMA) Cyclically Adjusted PB Ratio: 0.28 (As of Aug. 18, 2026) — 54% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:OMA Vivesto AB FRA:OMA
39 GF Score
Price €0.77
! 1 Warning Sign
View Full Analysis

What is Vivesto AB Cyclically Adjusted PB Ratio?

Vivesto AB FRA:OMA 39 Cyclically Adjusted PB Ratio is 0.28 as of Aug. 18, 2026, which is 54% below its 10-year median of 0.61. GuruFocus rates FRA:OMA with a GF Score™ of 39/100. The stock has 1 warning sign investors should review. Among 707 Drug Manufacturers companies, Vivesto AB ranks better than 97.17% on this metric.

As of today (2026-08-18), Vivesto AB's current share price is €0.765. Vivesto AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €2.75. Vivesto AB's Cyclically Adjusted PB Ratio for today is 0.28.

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

FRA:OMA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.05   Med: 0.61   Max: 4.76
Current: 0.08

During the past years, Vivesto AB's highest Cyclically Adjusted PB Ratio was 4.76. The lowest was 0.05. And the median was 0.61.

FRA:OMA's Cyclically Adjusted PB Ratio is ranked better than
97.17% of 707 companies
in the Drug Manufacturers industry
Industry Median: 1.76 vs FRA:OMA: 0.08

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.

Vivesto AB's adjusted book value per share data for the three months ended in Mar. 2026 was €1.397. 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 €2.75 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vivesto AB  (FRA:OMA) 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.


Vivesto AB Cyclically Adjusted PB Ratio Related Terms


Vivesto AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Vivesto 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.

Vivesto AB Cyclically Adjusted PB Ratio Chart

Vivesto AB Annual Data
Trend Apr16 Apr17 Apr18 Apr19 Apr20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.40 0.23 0.23 0.18 0.10

Vivesto AB 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 0.16 0.16 0.10 0.07

FRA:OMA vs ZTS, UTHR: Cyclically Adjusted PB Ratio Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Vivesto 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.


Vivesto AB Cyclically Adjusted PB Ratio vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Vivesto AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:OMA
39GF Score
Vivesto AB FRA:OMA
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vivesto 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.765/2.75
=0.28

* 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.

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

For example, Vivesto AB'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)
=1.397/133.5600*133.5600
=1.397

Current CPI (Mar. 2026) = 133.5600.

Vivesto AB Quarterly Data

Book Value per Share CPI Adj_Book
201604 17.968 100.732 23.824
201607 15.511 101.080 20.495
201610 15.773 101.485 20.758
201701 13.747 101.326 18.120
201704 13.491 102.615 17.559
201707 14.045 103.301 18.159
201710 13.272 103.202 17.176
201801 12.045 102.925 15.630
201804 10.803 104.390 13.822
201807 9.984 105.420 12.649
201810 11.264 105.545 14.254
201901 9.791 104.855 12.471
201904 9.327 106.627 11.683
201907 9.331 107.166 11.629
201910 8.671 107.243 10.799
202001 13.293 106.215 16.715
202004 14.611 106.240 18.368
202007 14.412 107.731 17.867
202010 13.329 107.539 16.554
202103 12.209 108.360 15.048
202106 11.182 108.928 13.711
202109 10.539 110.338 12.757
202112 10.391 112.486 12.338
202203 10.945 114.825 12.731
202206 9.412 118.384 10.619
202209 8.169 122.296 8.921
202212 4.799 126.365 5.072
202303 4.398 127.042 4.624
202306 3.838 129.407 3.961
202309 3.571 130.224 3.662
202312 2.860 131.912 2.896
202403 2.707 132.205 2.735
202406 2.566 132.716 2.582
202409 2.406 132.304 2.429
202412 2.227 132.987 2.237
202503 2.217 132.825 2.229
202506 2.066 133.699 2.064
202509 1.964 133.480 1.965
202512 1.852 133.390 1.854
202603 1.397 133.560 1.397

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 0.28 mean?
Vivesto AB (FRA:OMA) has a Cyclically Adjusted PB Ratio of 0.28 as of Aug. 18, 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 Vivesto AB and its competitors. This is 54% below median its historical median of 0.61. Over the past decade, Vivesto AB's Cyclically Adjusted PB Ratio has ranged from 0.05 to 4.76. According to the industry distribution chart, Vivesto AB ranks #20 out of 707 companies in the Drug Manufacturers industry, placing it in the top 2.8%.
Is Vivesto AB's Cyclically Adjusted PB Ratio too high?
Vivesto AB's current Cyclically Adjusted PB Ratio of 0.28 is 54% below median its 10-year median of 0.61. Over the past 10 years, this metric has ranged from a low of 0.05 to a high of 4.76. The Drug Manufacturers industry median Cyclically Adjusted PB Ratio is 1.76. Vivesto AB's value of 0.28 is 84.1% below this industry median. Based on the distribution chart, Vivesto AB ranks #20 out of 707 companies in the Drug Manufacturers industry, which is in the top quartile — a strong position relative to peers. Overall, Vivesto AB has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Vivesto AB's Cyclically Adjusted PB Ratio compare to ZTS and UTHR?
According to the Drug Manufacturers industry distribution chart, Vivesto AB ranks #20 out of 707 companies for Cyclically Adjusted PB Ratio. This places Vivesto AB in the top 3% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.76. Vivesto AB's value of 0.28 is 84.1% below this benchmark. Historically, Vivesto AB's own Cyclically Adjusted PB Ratio has ranged from 0.05 to 4.76 over the past decade. While the company's 10-year median is 0.61 vs. the industry median of 1.76, Vivesto 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 Drug Manufacturers company?
The median Cyclically Adjusted PB Ratio among Drug Manufacturers companies is 1.76, based on 707 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. Vivesto AB's current Cyclically Adjusted PB Ratio of 0.28 is 84.1% 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 Vivesto AB and its competitors. For the Drug Manufacturers industry, the median Cyclically Adjusted PB Ratio is 1.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vivesto AB's current Cyclically Adjusted PB Ratio is 0.28, which is 54% below median its own 10-year median of 0.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vivesto AB stock overvalued right now?
Vivesto AB (FRA:OMA) has a current Cyclically Adjusted PB Ratio of 0.28. The current Cyclically Adjusted PB Ratio is 0.28, which is 54% below median its 10-year median of 0.61 and 84.1% below the Drug Manufacturers industry median of 1.76. Vivesto AB's overall GF Score™ is 39/100 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 Vivesto AB (FRA:OMA), the current Cyclically Adjusted PB Ratio is 0.28 as of Aug. 18, 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.

Vivesto AB Business Description

Other Exchanges VIVE:Sweden
Address Gustav III:s Boulevard 46, 5th Floor, Solna, SWE, SE-169 73
Vivesto AB is a research and development company that develops new treatment options for patients suffering from difficult-to-treat cancer. The company's product development leverages its proprietary technology platforms to manufacture novel drug formulations that are intended to demonstrate improved properties in comparison with current alternatives, which can lead to a reduced side-effect profile and an expanded therapeutic area. The company has a portfolio of projects targeting cancer treatments.
39GF Score

Get the complete analysis for FRA:OMA

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

€0.77
Price