Alarum Technologies (FRA:SGX) Cyclically Adjusted PB Ratio: (As of Sep. 21, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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:SGX Alarum Technologies Ltd FRA:SGX
40 GF Score
Price €1.74
GF Value €12.03
Valuation Possible Value Trap
! 6 Warning Signs
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What is Alarum Technologies 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


Alarum Technologies  (FRA:SGX) 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.


Alarum Technologies Cyclically Adjusted PB Ratio Related Terms


Alarum Technologies Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Alarum Technologies'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.

Alarum Technologies Cyclically Adjusted PB Ratio Chart

Alarum Technologies 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 0.02

Alarum Technologies 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 0.02 0.04 0.04 0.02 0.02

FRA:SGX vs MSFT, PLTR, ORCL: Cyclically Adjusted PB Ratio Comparison

For the Software - Infrastructure subindustry, Alarum Technologies'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.


Alarum Technologies Cyclically Adjusted PB Ratio vs Software Industry

For the Software industry and Technology sector, Alarum Technologies's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:SGX
40GF Score
Alarum Technologies Ltd FRA:SGX
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Alarum Technologies 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.

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

For example, Alarum Technologies'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)
=3.976/330.2130*330.2130
=3.976

Current CPI (Mar. 2026) = 330.2130.

Alarum Technologies Quarterly Data

Book Value per Share CPI Adj_Book
201606 1,321.000 241.018 1,809.871
201609 628.000 241.428 858.947
201612 555.500 241.432 759.772
201703 126.500 243.801 171.336
201706 1,472.000 244.955 1,984.338
201709 1,249.667 246.819 1,671.898
201712 884.667 246.524 1,184.990
201803 491.333 249.554 650.138
201806 405.000 251.989 530.723
201809 415.857 252.439 543.978
201812 326.100 251.233 428.616
201903 175.769 254.202 228.327
201906 236.833 256.143 305.319
201909 228.188 256.759 293.468
201912 14.964 256.974 19.229
202003 12.572 258.115 16.084
202006 10.389 257.797 13.307
202009 9.749 260.280 12.368
202012 7.344 260.474 9.310
202103 8.672 264.877 10.811
202106 7.961 271.696 9.676
202109 7.873 274.310 9.477
202112 7.074 278.802 8.378
202203 6.082 287.504 6.985
202206 5.380 296.311 5.996
202209 4.871 296.808 5.419
202212 3.851 296.797 4.285
202303 3.666 301.836 4.011
202306 1.621 305.109 1.754
202309 1.755 307.789 1.883
202312 2.025 306.746 2.180
202403 2.450 312.332 2.590
202406 2.776 314.175 2.918
202409 3.274 315.301 3.429
202412 3.640 315.605 3.808
202503 3.684 319.799 3.804
202506 3.598 322.561 3.683
202509 3.720 324.800 3.782
202512 3.819 324.054 3.892
202603 3.976 330.213 3.976

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 Alarum Technologies (FRA:SGX) Overvalued in 2026?

Based on GuruFocus' analysis, Alarum Technologies stock appears to be undervalued. The current stock price of €1.74 is trading 85.5% below its estimated GF Value™ of €12.03. GuruFocus considers Alarum Technologies to be Possible Value Trap.

Key valuation signals for FRA:SGX:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €12.03 vs. price of €1.74 (85.5% below fair value)
  • GF Score™: 40/100 with 6 warning signs

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


Alarum Technologies Business Description

Other Exchanges ALAR:USAALAR:Israel
Address 8 Yitzhak Sade Street, Tel Aviv, ISR, 6777508
Alarum Technologies Ltd is a software-as-a-service (SaaS) provider operating mainly in the web data collection market, offering web data collection and a private internet browsing platform. The company's Web Data Collection products offer secure, fast, and anonymous IP Proxy Network Solutions & Services, or IPPN or IPPN Solutions, to its business customers which, in turn, enables them to anonymously and securely browse the internet as well as to collect data from any publicly available source on the web, for their business purpose. The company operates in one segment: web data collection. Geographically, it derives maximum revenue from China, followed by the United States, Europe, Hong Kong, Asia-Pacific, U.K. Virgin Islands, Israel, United Arab Emirates, Middle East & Africa and other.
40GF Score

Get the complete analysis for FRA:SGX

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

€1.74
Price
€12.03
GF Value