Castellum AB (FRA:TEX) Cyclically Adjusted PB Ratio: 0.78 (As of Jul. 20, 2026) — 56% Below Median

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FRA:TEX Castellum AB FRA:TEX
70 GF Score
Price €11.58
GF Value €10.21
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Castellum AB Cyclically Adjusted PB Ratio?

Castellum AB FRA:TEX -2.73% 70 Cyclically Adjusted PB Ratio is 0.78 as of Jul. 20, 2026, which is 56% below its 10-year median of 1.77. GuruFocus rates FRA:TEX with a GF Score™ of 70/100 and a GF Value™ of €10.21 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 1,440 Real Estate companies, Castellum AB ranks worse than 53.96% on this metric.

As of today (2026-07-20), Castellum AB's current share price is €11.575. Castellum AB's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €14.76. Castellum AB's Cyclically Adjusted PB Ratio for today is 0.78.

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

FRA:TEX' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.63   Med: 1.77   Max: 2.74
Current: 0.77

During the past years, Castellum AB's highest Cyclically Adjusted PB Ratio was 2.74. The lowest was 0.63. And the median was 1.77.

FRA:TEX's Cyclically Adjusted PB Ratio is ranked worse than
53.96% of 1440 companies
in the Real Estate industry
Industry Median: 0.705 vs FRA:TEX: 0.77

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.

Castellum AB's adjusted book value per share data for the three months ended in Jun. 2026 was €15.289. 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 €14.76 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Castellum AB  (FRA:TEX) 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.


Castellum AB Cyclically Adjusted PB Ratio Related Terms


Castellum AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Castellum 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.

Castellum AB Cyclically Adjusted PB Ratio Chart

Castellum 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 1.99 0.81 0.97 0.77 0.65

Castellum 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 0.77 0.65 0.65 0.65 0.75

Castellum AB Cyclically Adjusted PB Ratio Competitor Comparison

For the Real Estate - Development subindustry, Castellum 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.


Castellum AB Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Castellum AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:TEX
70GF Score
Castellum AB FRA:TEX
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Castellum 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=11.575/14.76
=0.78

* 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.

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

For example, Castellum 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)
=15.289/134.1100*134.1100
=15.289

Current CPI (Jun. 2026) = 134.1100.

Castellum AB Quarterly Data

Book Value per Share CPI Adj_Book
201609 8.848 101.138 11.733
201612 9.536 102.022 12.535
201703 9.733 102.022 12.794
201706 9.636 102.752 12.577
201709 10.096 103.279 13.110
201712 10.445 103.793 13.496
201803 10.003 103.962 12.904
201806 10.160 104.875 12.992
201809 11.017 105.679 13.981
201812 11.897 105.912 15.064
201903 11.554 105.886 14.634
201906 11.780 106.742 14.800
201909 12.014 107.214 15.028
201912 12.844 107.766 15.984
202003 12.050 106.563 15.165
202006 12.756 107.498 15.914
202009 13.128 107.635 16.357
202012 14.375 108.296 17.802
202103 14.984 108.360 18.545
202106 15.543 108.928 19.136
202109 19.382 110.338 23.558
202112 19.921 112.486 23.751
202203 19.706 114.825 23.016
202206 20.279 118.384 22.973
202209 19.750 122.296 21.658
202212 18.378 126.365 19.504
202303 16.960 127.042 17.904
202306 14.776 129.407 15.313
202309 14.312 130.224 14.739
202312 14.006 131.912 14.239
202403 13.747 132.205 13.945
202406 13.805 132.716 13.950
202409 13.792 132.304 13.980
202412 13.977 132.987 14.095
202503 14.627 132.825 14.769
202506 14.358 133.699 14.402
202509 14.531 133.480 14.600
202512 14.623 133.390 14.702
202603 15.244 133.560 15.307
202606 15.289 134.110 15.289

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 0.78 mean?
Castellum AB (FRA:TEX) has a Cyclically Adjusted PB Ratio of 0.78 as of Jul. 20, 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 Castellum AB and its competitors. This is 56% below median its historical median of 1.77. Over the past decade, Castellum AB's Cyclically Adjusted PB Ratio has ranged from 0.63 to 2.74. According to the industry distribution chart, Castellum AB ranks #777 out of 1440 companies in the Real Estate industry, placing it in the top 54%.
Is Castellum AB's Cyclically Adjusted PB Ratio too high?
Castellum AB's current Cyclically Adjusted PB Ratio of 0.78 is 56% below median its 10-year median of 1.77. Over the past 10 years, this metric has ranged from a low of 0.63 to a high of 2.74. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.71. Castellum AB's value of 0.78 is 10.6% above this industry median. Based on the distribution chart, Castellum AB ranks #777 out of 1440 companies in the Real Estate industry, which is below the industry midpoint. Overall, Castellum AB has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Castellum AB's Cyclically Adjusted PB Ratio compare to competitors?
According to the Real Estate industry distribution chart, Castellum AB ranks #777 out of 1440 companies for Cyclically Adjusted PB Ratio. This places Castellum AB in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.71. Castellum AB's value of 0.78 is 10.6% above this benchmark. Historically, Castellum AB's own Cyclically Adjusted PB Ratio has ranged from 0.63 to 2.74 over the past decade. While the company's 10-year median is 1.77 vs. the industry median of 0.71, Castellum AB 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 a Real Estate company?
The median Cyclically Adjusted PB Ratio among Real Estate companies is 0.71, based on 1,440 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. Castellum AB's current Cyclically Adjusted PB Ratio of 0.78 is 10.6% 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 Castellum AB and its competitors. For the Real Estate industry, the median Cyclically Adjusted PB Ratio is 0.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Castellum AB's current Cyclically Adjusted PB Ratio is 0.78, which is 56% below median its own 10-year median of 1.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Castellum AB stock overvalued right now?
Based on GuruFocus' analysis, Castellum AB (FRA:TEX) is currently considered Modestly Overvalued. The stock's GF Value™ is €10.21, compared to a current price of €11.58 — trading 13.4% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.78, which is 56% below median its 10-year median of 1.77 and 10.6% above the Real Estate industry median of 0.71. Castellum AB's overall GF Score™ is 70/100 with 3 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 Castellum AB (FRA:TEX), the current Cyclically Adjusted PB Ratio is 0.78 as of Jul. 20, 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 Castellum AB (FRA:TEX) Overvalued in 2026?

Based on GuruFocus' analysis, Castellum AB stock appears to be overvalued. The current stock price of €11.58 is trading 13.4% above its estimated GF Value™ of €10.21. GuruFocus considers Castellum AB to be Modestly Overvalued.

Key valuation signals for FRA:TEX:

  • Cyclically Adjusted PB Ratio: 0.78 (56% below median its 10-year median of 1.77)
  • GF Value™: €10.21 vs. price of €11.58 (13.4% above fair value)
  • GF Score™: 70/100 with 3 warning signs
  • Industry Position: 10.6% above the Real Estate median (#777 of 1440)

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


Castellum AB Business Description

Address Lilla Bommen 5 C, Box 2269, Gothenburg, SWE, 403 14
Castellum AB is a Swedish property company that owns, manages, and develops commercial properties in growth cities. The Company holds properties mainly in Sweden, with additional presence in Denmark and Finland. Its operating segments are organized by geographical areas: Stockholm; West (Greater Gothenburg, including Boras); Central (Orebro, Linkoping, Norrkoping, Jonkoping, and Vaxjo); Malardalen (Uppsala and Vasteras); Oresund (Malmo, Lund, Helsingborg, and Copenhagen); and Finland.
70GF Score

Get the complete analysis for FRA:TEX

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

€11.58
Price
€10.21
GF Value