Securitas AB (FRA:S7MB) Cyclically Adjusted PB Ratio: (As of Jul. 24, 2026)

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.
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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:S7MB Securitas AB FRA:S7MB
81 GF Score
Price €15.26
GF Value €11.17
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Securitas AB Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Securitas AB  (FRA:S7MB) 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.


Securitas AB Cyclically Adjusted PB Ratio Related Terms


Securitas AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Securitas 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.

Securitas AB Cyclically Adjusted PB Ratio Chart

Securitas 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 2.97 2.03 2.03 2.58 2.61

Securitas 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 2.58 2.55 2.61 2.76 0.00

FRA:S7MB vs ALLE, MSA, ADT: Cyclically Adjusted PB Ratio Comparison

For the Security & Protection Services subindustry, Securitas 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.


Securitas AB Cyclically Adjusted PB Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, Securitas AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:S7MB
81GF Score
Securitas AB FRA:S7MB
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Securitas 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.

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

For example, Securitas 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)
=6.544/134.1100*134.1100
=6.544

Current CPI (Jun. 2026) = 134.1100.

Securitas AB Quarterly Data

Book Value per Share CPI Adj_Book
201609 3.158 101.138 4.188
201612 3.462 102.022 4.551
201703 3.556 102.022 4.674
201706 3.248 102.752 4.239
201709 3.383 103.279 4.393
201712 3.559 103.793 4.599
201803 3.688 103.962 4.757
201806 3.637 104.875 4.651
201809 3.666 105.679 4.652
201812 3.909 105.912 4.950
201903 4.082 105.886 5.170
201906 3.833 106.742 4.816
201909 4.121 107.214 5.155
201912 4.254 107.766 5.294
202003 4.394 106.563 5.530
202006 4.363 107.498 5.443
202009 4.459 107.635 5.556
202012 3.963 108.296 4.908
202103 4.312 108.360 5.337
202106 4.078 108.928 5.021
202109 4.337 110.338 5.271
202112 4.410 112.486 5.258
202203 4.773 114.825 5.575
202206 5.083 118.384 5.758
202209 5.711 122.296 6.263
202212 5.783 126.365 6.137
202303 5.829 127.042 6.153
202306 5.668 129.407 5.874
202309 5.703 130.224 5.873
202312 5.726 131.912 5.821
202403 6.164 132.205 6.253
202406 5.985 132.716 6.048
202409 5.941 132.304 6.022
202412 6.476 132.987 6.531
202503 6.456 132.825 6.518
202506 6.011 133.699 6.029
202509 6.061 133.480 6.090
202512 6.261 133.390 6.295
202603 6.445 133.560 6.472
202606 6.544 134.110 6.544

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 Securitas AB (FRA:S7MB) Overvalued in 2026?

Based on GuruFocus' analysis, Securitas AB stock appears to be overvalued. The current stock price of €15.26 is trading 36.6% above its estimated GF Value™ of €11.17. GuruFocus considers Securitas AB to be Significantly Overvalued.

Key valuation signals for FRA:S7MB:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €11.17 vs. price of €15.26 (36.6% above fair value)
  • GF Score™: 81/100 with 5 warning signs

No single metric tells the full story. See the FRA:S7MB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Securitas AB Business Description

Address Lindhagensplan 70, PO Box 12307, Stockholm, SWE, SE-102 28
Securitas AB is an international security services, consulting, and investigation group based in Stockholm, Sweden. Its activities are centered on manned security, mobile security, monitoring, and risk assessment. Securitas operates in more than 50 countries and is the security firm in manned guarding. The company has three segments: Securitas North America, Securitas Europe, and Securitas Ibero-America. It generates maximum revenue from Securitas Europe.
81GF Score

Get the complete analysis for FRA:S7MB

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

€15.26
Price
€11.17
GF Value