Sanoma Oyj (FRA:SNQB) Cyclically Adjusted PB Ratio: 1.87 (As of Jul. 27, 2026) — 11% Above Median

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FRA:SNQB Sanoma Oyj FRA:SNQB
68 GF Score
Price €8.53
GF Value €7.13
! 6 Warning Signs
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What is Sanoma Oyj Cyclically Adjusted PB Ratio?

Sanoma Oyj FRA:SNQB -1.50% 68 Cyclically Adjusted PB Ratio is 1.87 as of Jul. 27, 2026, which is 11% above its 10-year median of 1.69. GuruFocus rates FRA:SNQB with a GF Score™ of 68/100 and a GF Value™ of €7.13. The stock has 6 warning signs investors should review. Among 163 Education companies, Sanoma Oyj ranks worse than 72.39% on this metric.

As of today (2026-07-27), Sanoma Oyj's current share price is €8.53. Sanoma Oyj's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €4.57. Sanoma Oyj's Cyclically Adjusted PB Ratio for today is 1.87.

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

FRA:SNQB' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.27   Med: 1.69   Max: 3.08
Current: 1.93

During the past years, Sanoma Oyj's highest Cyclically Adjusted PB Ratio was 3.08. The lowest was 1.27. And the median was 1.69.

FRA:SNQB's Cyclically Adjusted PB Ratio is ranked worse than
72.39% of 163 companies
in the Education industry
Industry Median: 1.1 vs FRA:SNQB: 1.93

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.

Sanoma Oyj's adjusted book value per share data for the three months ended in Mar. 2026 was €3.364. 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 €4.57 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sanoma Oyj  (FRA:SNQB) 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.


Sanoma Oyj Cyclically Adjusted PB Ratio Related Terms


Sanoma Oyj Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Sanoma Oyj'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.

Sanoma Oyj Cyclically Adjusted PB Ratio Chart

Sanoma Oyj 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 2.69 1.95 1.41 1.63 2.09

Sanoma Oyj 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 1.91 2.15 2.34 2.09 1.96

FRA:SNQB vs EDU, TAL, LAUR: Cyclically Adjusted PB Ratio Comparison

For the Education & Training Services subindustry, Sanoma Oyj'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.


Sanoma Oyj Cyclically Adjusted PB Ratio vs Education Industry

For the Education industry and Consumer Defensive sector, Sanoma Oyj's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:SNQB
68GF Score
Sanoma Oyj FRA:SNQB
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sanoma Oyj 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.

Sanoma Oyj's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=8.53/4.57
=1.87

* 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.

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

For example, Sanoma Oyj'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)
=3.364/124.6700*124.6700
=3.364

Current CPI (Mar. 2026) = 124.6700.

Sanoma Oyj Quarterly Data

Book Value per Share CPI Adj_Book
201606 4.871 100.390 6.049
201609 5.164 100.540 6.403
201612 4.355 101.020 5.375
201703 2.478 100.910 3.061
201706 2.755 101.140 3.396
201709 3.326 101.320 4.093
201712 3.342 101.510 4.104
201803 2.972 101.730 3.642
201806 3.390 102.320 4.130
201809 3.811 102.600 4.631
201812 3.732 102.710 4.530
201903 3.291 102.870 3.988
201906 3.554 103.360 4.287
201909 3.934 103.540 4.737
201912 3.249 103.650 3.908
202003 2.664 103.490 3.209
202006 2.889 103.320 3.486
202009 4.381 103.710 5.266
202012 4.233 103.890 5.080
202103 4.111 104.870 4.887
202106 3.795 105.360 4.491
202109 4.426 106.290 5.191
202112 4.382 107.490 5.082
202203 4.255 110.950 4.781
202206 3.850 113.570 4.226
202209 4.448 114.920 4.825
202212 4.260 117.320 4.527
202303 4.920 119.750 5.122
202306 4.403 120.690 4.548
202309 5.060 121.280 5.201
202312 4.881 121.540 5.007
202403 4.720 122.360 4.809
202406 4.466 122.230 4.555
202409 4.976 122.260 5.074
202412 4.722 122.390 4.810
202503 4.544 123.010 4.605
202506 4.318 122.530 4.393
202509 4.718 122.880 4.787
202512 4.485 122.670 4.558
202603 3.364 124.670 3.364

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 1.87 mean?
Sanoma Oyj (FRA:SNQB) has a Cyclically Adjusted PB Ratio of 1.87 as of Jul. 27, 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 Sanoma Oyj and its competitors. This is 11% above median its historical median of 1.69. Over the past decade, Sanoma Oyj's Cyclically Adjusted PB Ratio has ranged from 1.27 to 3.08. According to the industry distribution chart, Sanoma Oyj ranks #118 out of 163 companies in the Education industry, placing it in the top 72.4%.
Is Sanoma Oyj's Cyclically Adjusted PB Ratio too high?
Sanoma Oyj's current Cyclically Adjusted PB Ratio of 1.87 is 11% above median its 10-year median of 1.69. Over the past 10 years, this metric has ranged from a low of 1.27 to a high of 3.08. The Education industry median Cyclically Adjusted PB Ratio is 1.10. Sanoma Oyj's value of 1.87 is 70% above this industry median. Based on the distribution chart, Sanoma Oyj ranks #118 out of 163 companies in the Education industry, which is below the industry midpoint. Overall, Sanoma Oyj has a GF Score™ of 68/100, reflecting its overall financial health beyond just this single metric.
How does Sanoma Oyj's Cyclically Adjusted PB Ratio compare to EDU and TAL?
According to the Education industry distribution chart, Sanoma Oyj ranks #118 out of 163 companies for Cyclically Adjusted PB Ratio. This places Sanoma Oyj in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.10. Sanoma Oyj's value of 1.87 is 70% above this benchmark. Historically, Sanoma Oyj's own Cyclically Adjusted PB Ratio has ranged from 1.27 to 3.08 over the past decade. While the company's 10-year median is 1.69 vs. the industry median of 1.10, Sanoma Oyj 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 an Education company?
The median Cyclically Adjusted PB Ratio among Education companies is 1.10, based on 163 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. Sanoma Oyj's current Cyclically Adjusted PB Ratio of 1.87 is 70% 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 Sanoma Oyj and its competitors. For the Education industry, the median Cyclically Adjusted PB Ratio is 1.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sanoma Oyj's current Cyclically Adjusted PB Ratio is 1.87, which is 11% above median its own 10-year median of 1.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sanoma Oyj stock overvalued right now?
Sanoma Oyj (FRA:SNQB) has a current Cyclically Adjusted PB Ratio of 1.87. The stock's GF Value™ is €7.13, compared to a current price of €8.53 — trading 19.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.87, which is 11% above median its 10-year median of 1.69 and 70% above the Education industry median of 1.10. Sanoma Oyj's overall GF Score™ is 68/100 with 6 warning signs 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 Sanoma Oyj (FRA:SNQB), the current Cyclically Adjusted PB Ratio is 1.87 as of Jul. 27, 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 Sanoma Oyj (FRA:SNQB) Overvalued in 2026?

Based on GuruFocus' analysis, Sanoma Oyj stock appears to be overvalued. The current stock price of €8.53 is trading 19.6% above its estimated GF Value™ of €7.13.

Key valuation signals for FRA:SNQB:

  • Cyclically Adjusted PB Ratio: 1.87 (11% above median its 10-year median of 1.69)
  • GF Value™: €7.13 vs. price of €8.53 (19.6% above fair value)
  • GF Score™: 68/100 with 6 warning signs
  • Industry Position: 70% above the Education median (#118 of 163)

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


Sanoma Oyj Business Description

Other Exchanges 0JLQ:UKSANOMA:Finland
Address Toolonlahdenkatu 2, Helsinki, FIN, 00100
Sanoma Oyj is a learning and media company. The group publishes magazines and newspapers along with educational learning literature and services. It operates in two segments: Learning and Media Finland. Sanoma's learning products and services enable teachers to develop the talents of every child to reach their full potential. The company offers printed and digital learning content as well as digital learning and teaching platforms for primary, secondary and vocational education. The Finnish media business of Sanoma provides information, experiences, inspiration, and entertainment via multiple media platforms: newspapers, radio, television, events, magazines, online, and mobile channels. The company's publications include Helsingin Sanomat, IltaSanomat among others.
68GF Score

Get the complete analysis for FRA:SNQB

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

€8.53
Price
€7.13
GF Value