Wallenstam AB (FRA:WAE) Cyclically Adjusted PB Ratio: 0.88 (As of Jul. 26, 2026) — 54% Below Median

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FRA:WAE Wallenstam AB FRA:WAE
75 GF Score
Price €3.62
GF Value €4.14
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Wallenstam AB Cyclically Adjusted PB Ratio?

Wallenstam AB FRA:WAE +0.50% 75 Cyclically Adjusted PB Ratio is 0.88 as of Jul. 26, 2026, which is 54% below its 10-year median of 1.93. GuruFocus rates FRA:WAE with a GF Score™ of 75/100 and a GF Value™ of €4.14 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 1,426 Real Estate companies, Wallenstam AB ranks worse than 59.4% on this metric.

As of today (2026-07-26), Wallenstam AB's current share price is €3.618. Wallenstam AB's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €4.11. Wallenstam AB's Cyclically Adjusted PB Ratio for today is 0.88.

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

FRA:WAE' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.82   Med: 1.93   Max: 2.9
Current: 0.87

During the past years, Wallenstam AB's highest Cyclically Adjusted PB Ratio was 2.90. The lowest was 0.82. And the median was 1.93.

FRA:WAE's Cyclically Adjusted PB Ratio is ranked worse than
59.4% of 1426 companies
in the Real Estate industry
Industry Median: 0.69 vs FRA:WAE: 0.87

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.

Wallenstam AB's adjusted book value per share data for the three months ended in Jun. 2026 was €4.688. 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 €4.11 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Wallenstam AB  (FRA:WAE) 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.


Wallenstam AB Cyclically Adjusted PB Ratio Related Terms


Wallenstam AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Wallenstam 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.

Wallenstam AB Cyclically Adjusted PB Ratio Chart

Wallenstam 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 2.78 1.18 1.33 1.10 0.91

Wallenstam 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 1.08 0.97 0.91 0.89 0.85

FRA:WAE vs CBRE, BEKE, JLL: Cyclically Adjusted PB Ratio Comparison

For the Real Estate Services subindustry, Wallenstam 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.


Wallenstam AB Cyclically Adjusted PB Ratio vs Real Estate Industry

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

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


FRA:WAE
75GF Score
Wallenstam AB FRA:WAE
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Wallenstam 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.618/4.11
=0.88

* 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.

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

For example, Wallenstam 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)
=4.688/134.1100*134.1100
=4.688

Current CPI (Jun. 2026) = 134.1100.

Wallenstam AB Quarterly Data

Book Value per Share CPI Adj_Book
201609 2.555 101.138 3.388
201612 2.782 102.022 3.657
201703 2.918 102.022 3.836
201706 2.947 102.752 3.846
201709 3.060 103.279 3.973
201712 2.997 103.793 3.872
201803 2.972 103.962 3.834
201806 3.044 104.875 3.893
201809 3.067 105.679 3.892
201812 3.256 105.912 4.123
201903 3.236 105.886 4.099
201906 3.188 106.742 4.005
201909 3.243 107.214 4.057
201912 3.514 107.766 4.373
202003 3.430 106.563 4.317
202006 3.606 107.498 4.499
202009 3.676 107.635 4.580
202012 3.889 108.296 4.816
202103 4.000 108.360 4.951
202106 4.204 108.928 5.176
202109 4.306 110.338 5.234
202112 4.539 112.486 5.412
202203 4.599 114.825 5.371
202206 4.674 118.384 5.295
202209 4.695 122.296 5.149
202212 4.332 126.365 4.598
202303 4.259 127.042 4.496
202306 4.041 129.407 4.188
202309 4.012 130.224 4.132
202312 4.150 131.912 4.219
202403 4.147 132.205 4.207
202406 4.145 132.716 4.189
202409 4.085 132.304 4.141
202412 4.094 132.987 4.129
202503 4.380 132.825 4.422
202506 4.332 133.699 4.345
202509 4.435 133.480 4.456
202512 4.654 133.390 4.679
202603 4.769 133.560 4.789
202606 4.688 134.110 4.688

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 0.88 mean?
Wallenstam AB (FRA:WAE) has a Cyclically Adjusted PB Ratio of 0.88 as of Jul. 26, 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 Wallenstam AB and its competitors. This is 54% below median its historical median of 1.93. Over the past decade, Wallenstam AB's Cyclically Adjusted PB Ratio has ranged from 0.82 to 2.90. According to the industry distribution chart, Wallenstam AB ranks #847 out of 1426 companies in the Real Estate industry, placing it in the top 59.4%.
Is Wallenstam AB's Cyclically Adjusted PB Ratio too high?
Wallenstam AB's current Cyclically Adjusted PB Ratio of 0.88 is 54% below median its 10-year median of 1.93. Over the past 10 years, this metric has ranged from a low of 0.82 to a high of 2.90. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.69. Wallenstam AB's value of 0.88 is 27.5% above this industry median. Based on the distribution chart, Wallenstam AB ranks #847 out of 1426 companies in the Real Estate industry, which is below the industry midpoint. Overall, Wallenstam AB has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Wallenstam AB's Cyclically Adjusted PB Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Wallenstam AB ranks #847 out of 1426 companies for Cyclically Adjusted PB Ratio. This places Wallenstam AB in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.69. Wallenstam AB's value of 0.88 is 27.5% above this benchmark. Historically, Wallenstam AB's own Cyclically Adjusted PB Ratio has ranged from 0.82 to 2.90 over the past decade. While the company's 10-year median is 1.93 vs. the industry median of 0.69, Wallenstam 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 0.69, based on 1,426 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. Wallenstam AB's current Cyclically Adjusted PB Ratio of 0.88 is 27.5% 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 Wallenstam AB and its competitors. For the Real Estate industry, the median Cyclically Adjusted PB Ratio is 0.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wallenstam AB's current Cyclically Adjusted PB Ratio is 0.88, which is 54% below median its own 10-year median of 1.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wallenstam AB stock overvalued right now?
Based on GuruFocus' analysis, Wallenstam AB (FRA:WAE) is currently considered Modestly Undervalued. The stock's GF Value™ is €4.14, compared to a current price of €3.62 — trading 12.6% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.88, which is 54% below median its 10-year median of 1.93 and 27.5% above the Real Estate industry median of 0.69. Wallenstam AB's overall GF Score™ is 75/100 with 7 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 Wallenstam AB (FRA:WAE), the current Cyclically Adjusted PB Ratio is 0.88 as of Jul. 26, 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 Wallenstam AB (FRA:WAE) Overvalued in 2026?

Based on GuruFocus' analysis, Wallenstam AB stock appears to be undervalued. The current stock price of €3.62 is trading 12.6% below its estimated GF Value™ of €4.14. GuruFocus considers Wallenstam AB to be Modestly Undervalued.

Key valuation signals for FRA:WAE:

  • Cyclically Adjusted PB Ratio: 0.88 (54% below median its 10-year median of 1.93)
  • GF Value™: €4.14 vs. price of €3.62 (12.6% below fair value)
  • GF Score™: 75/100 with 7 warning signs
  • Industry Position: 27.5% above the Real Estate median (#847 of 1426)

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


Wallenstam AB Business Description

Address Kungsportsavenyen 2, Gothenburg, SWE, 40184
Wallenstam AB is a general real estate company. The company generates all of its revenue in Sweden. It reports three core segments, mainly based on regional exposure: Gothenburg, Stockholm, and Other. The vast majority of the company's revenue comes from its Gothenburg segment, which builds, develops, and manages properties in the city. The company has segments in Rental income, Net operating income, and Investment properties, with the majority of revenue from Investment properties.
75GF Score

Get the complete analysis for FRA:WAE

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

€3.62
Price
€4.14
GF Value