ADDvise Group AB (FRA:Q3I) Cyclically Adjusted PB Ratio: (As of Aug. 14, 2026)

Author: Vera Yuan Vera Yuan
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Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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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:Q3I ADDvise Group AB FRA:Q3I
84 GF Score
Price €0.14
GF Value €0.28
! 4 Warning Signs
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What is ADDvise Group AB Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


ADDvise Group AB  (FRA:Q3I) 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.


ADDvise Group AB Cyclically Adjusted PB Ratio Related Terms


ADDvise Group AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for ADDvise Group 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.

ADDvise Group AB Cyclically Adjusted PB Ratio Chart

ADDvise Group 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 6.85 3.63 6.47 3.05 1.11

ADDvise Group 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 3.73 2.20 1.66 1.11 1.15

FRA:Q3I vs ISRG, BDX, MDLN: Cyclically Adjusted PB Ratio Comparison

For the Medical Instruments & Supplies subindustry, ADDvise Group 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.


ADDvise Group AB Cyclically Adjusted PB Ratio vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, ADDvise Group AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:Q3I
84GF Score
ADDvise Group AB FRA:Q3I
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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ADDvise Group 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.

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

For example, ADDvise Group 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)
=0.171/133.5600*133.5600
=0.171

Current CPI (Mar. 2026) = 133.5600.

ADDvise Group AB Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.048 101.019 0.063
201609 0.045 101.138 0.059
201612 0.058 102.022 0.076
201703 0.060 102.022 0.079
201706 0.058 102.752 0.075
201709 0.059 103.279 0.076
201712 0.054 103.793 0.069
201803 0.055 103.962 0.071
201806 0.055 104.875 0.070
201809 0.049 105.679 0.062
201812 0.054 105.912 0.068
201903 0.080 105.886 0.101
201906 0.079 106.742 0.099
201909 0.050 107.214 0.062
201912 0.054 107.766 0.067
202003 0.035 106.563 0.044
202006 0.037 107.498 0.046
202009 0.037 107.635 0.046
202012 0.060 108.296 0.074
202103 0.087 108.360 0.107
202106 0.084 108.928 0.103
202109 0.095 110.338 0.115
202112 0.097 112.486 0.115
202203 0.181 114.825 0.211
202206 0.205 118.384 0.231
202209 0.251 122.296 0.274
202212 0.165 126.365 0.174
202303 0.262 127.042 0.275
202306 0.310 129.407 0.320
202309 0.209 130.224 0.214
202312 0.194 131.912 0.196
202403 0.247 132.205 0.250
202406 0.242 132.716 0.244
202409 0.231 132.304 0.233
202412 0.243 132.987 0.244
202503 0.231 132.825 0.232
202506 0.158 133.699 0.158
202509 0.166 133.480 0.166
202512 0.161 133.390 0.161
202603 0.171 133.560 0.171

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.

Is ADDvise Group AB (FRA:Q3I) Overvalued in 2026?

Based on GuruFocus' analysis, ADDvise Group AB stock appears to be undervalued. The current stock price of €0.14 is trading 49.2% below its estimated GF Value™ of €0.28.

Key valuation signals for FRA:Q3I:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €0.28 vs. price of €0.14 (49.2% below fair value)
  • GF Score™: 84/100 with 4 warning signs

No single metric tells the full story. See the FRA:Q3I stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ADDvise Group AB Business Description

Address Grev Turegatan 30, Floor 4, Stockholm, SWE, SE-114 38
ADDvise Group AB e is an international life science company. Operating a decentralized ownership model, in which company develop and acquire high quality companies within the business areas Lab and Healthcare.
84GF Score

Get the complete analysis for FRA:Q3I

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

€0.14
Price
€0.28
GF Value