Medistim ASA (LTS:0OCD) Cyclically Adjusted PB Ratio: 12.47 (As of Jul. 17, 2026) — 19% Below Median

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Director of Data and Quant Analytics at GuruFocus
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LTS:0OCD Medistim ASA LTS:0OCD
100 GF Score
Price kr231.00
GF Value kr260.85
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Medistim ASA Cyclically Adjusted PB Ratio?

Medistim ASA LTS:0OCD -0.86% 100 Cyclically Adjusted PB Ratio is 12.47 as of Jul. 17, 2026, which is 19% below its 10-year median of 15.38. GuruFocus rates LTS:0OCD with a GF Score™ of 100/100 and a GF Value™ of kr260.85 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 524 Medical Devices & Instruments companies, Medistim ASA ranks worse than 94.47% on this metric.

As of today (2026-07-17), Medistim ASA's current share price is kr231.00. Medistim ASA's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was kr18.52. Medistim ASA's Cyclically Adjusted PB Ratio for today is 12.47.

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

LTS:0OCD' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 7.71   Med: 15.38   Max: 36.83
Current: 12.3

During the past years, Medistim ASA's highest Cyclically Adjusted PB Ratio was 36.83. The lowest was 7.71. And the median was 15.38.

LTS:0OCD's Cyclically Adjusted PB Ratio is ranked worse than
94.47% of 524 companies
in the Medical Devices & Instruments industry
Industry Median: 1.805 vs LTS:0OCD: 12.30

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.

Medistim ASA's adjusted book value per share data for the three months ended in Mar. 2026 was kr27.717. 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 kr18.52 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Medistim ASA  (LTS:0OCD) 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.


Medistim ASA Cyclically Adjusted PB Ratio Related Terms


Medistim ASA Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Medistim ASA'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.

Medistim ASA Cyclically Adjusted PB Ratio Chart

Medistim ASA 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 33.24 18.07 14.62 9.19 14.33

Medistim ASA 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 10.37 12.11 12.92 14.33 11.28

LTS:0OCD vs ABT, SYK, MDT: Cyclically Adjusted PB Ratio Comparison

For the Medical Devices subindustry, Medistim ASA'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.


Medistim ASA Cyclically Adjusted PB Ratio vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Medistim ASA's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


LTS:0OCD
100GF Score
Medistim ASA LTS:0OCD
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Medistim ASA 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.

Medistim ASA's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=231.00/18.52
=12.47

* 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.

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

For example, Medistim ASA'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)
=27.717/141.0300*141.0300
=27.717

Current CPI (Mar. 2026) = 141.0300.

Medistim ASA Quarterly Data

Book Value per Share CPI Adj_Book
201606 8.174 103.800 11.106
201609 8.768 104.200 11.867
201612 9.184 104.400 12.406
201703 9.832 105.000 13.206
201706 8.630 105.800 11.504
201709 9.316 105.900 12.406
201712 10.076 106.100 13.393
201803 10.508 107.300 13.811
201806 9.276 108.500 12.057
201809 9.917 109.500 12.773
201812 11.371 109.800 14.605
201903 12.291 110.400 15.701
201906 11.130 110.600 14.192
201909 12.369 111.100 15.701
201912 13.022 111.300 16.500
202003 14.897 111.200 18.893
202006 15.603 112.100 19.630
202009 16.303 112.900 20.365
202012 14.104 112.900 17.618
202103 15.445 114.600 19.007
202106 14.233 115.300 17.409
202109 15.360 117.500 18.436
202112 16.789 118.900 19.914
202203 17.966 119.800 21.150
202206 16.944 122.600 19.491
202209 18.940 125.600 21.267
202212 20.145 125.900 22.566
202303 21.857 127.600 24.157
202306 19.379 130.400 20.959
202309 20.713 129.800 22.505
202312 21.767 131.900 23.274
202403 23.486 132.600 24.979
202406 20.927 133.800 22.058
202409 22.118 133.700 23.331
202412 23.840 134.800 24.942
202503 25.527 136.100 26.452
202506 21.004 137.800 21.496
202509 22.908 138.500 23.326
202512 25.620 139.100 25.975
202603 27.717 141.030 27.717

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 12.47 mean?
Medistim ASA (LTS:0OCD) has a Cyclically Adjusted PB Ratio of 12.47 as of Jul. 17, 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 Medistim ASA and its competitors. This is 19% below median its historical median of 15.38. Over the past decade, Medistim ASA's Cyclically Adjusted PB Ratio has ranged from 7.71 to 36.83. According to the industry distribution chart, Medistim ASA ranks #495 out of 524 companies in the Medical Devices & Instruments industry, placing it in the top 94.5%.
Is Medistim ASA's Cyclically Adjusted PB Ratio too high?
Medistim ASA's current Cyclically Adjusted PB Ratio of 12.47 is 19% below median its 10-year median of 15.38. Over the past 10 years, this metric has ranged from a low of 7.71 to a high of 36.83. The Medical Devices & Instruments industry median Cyclically Adjusted PB Ratio is 1.81. Medistim ASA's value of 12.47 is 590.9% above this industry median. Based on the distribution chart, Medistim ASA ranks #495 out of 524 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers. Overall, Medistim ASA has a GF Score™ of 100/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Medistim ASA's Cyclically Adjusted PB Ratio compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Medistim ASA ranks #495 out of 524 companies for Cyclically Adjusted PB Ratio. This places Medistim ASA in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.81. Medistim ASA's value of 12.47 is 590.9% above this benchmark. Historically, Medistim ASA's own Cyclically Adjusted PB Ratio has ranged from 7.71 to 36.83 over the past decade. While the company's 10-year median is 15.38 vs. the industry median of 1.81, Medistim ASA 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 Medical Devices & Instruments company?
The median Cyclically Adjusted PB Ratio among Medical Devices & Instruments companies is 1.81, based on 524 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. Medistim ASA's current Cyclically Adjusted PB Ratio of 12.47 is 590.9% 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 Medistim ASA and its competitors. For the Medical Devices & Instruments industry, the median Cyclically Adjusted PB Ratio is 1.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Medistim ASA's current Cyclically Adjusted PB Ratio is 12.47, which is 19% below median its own 10-year median of 15.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Medistim ASA stock overvalued right now?
Based on GuruFocus' analysis, Medistim ASA (LTS:0OCD) is currently considered Modestly Undervalued. The stock's GF Value™ is kr260.85, compared to a current price of kr231.00 — trading 11.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 12.47, which is 19% below median its 10-year median of 15.38 and 590.9% above the Medical Devices & Instruments industry median of 1.81. Medistim ASA's overall GF Score™ is 100/100 with 1 warning sign 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 Medistim ASA (LTS:0OCD), the current Cyclically Adjusted PB Ratio is 12.47 as of Jul. 17, 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 Medistim ASA (LTS:0OCD) Overvalued in 2026?

Based on GuruFocus' analysis, Medistim ASA stock appears to be undervalued. The current stock price of kr231.00 is trading 11.4% below its estimated GF Value™ of kr260.85. GuruFocus considers Medistim ASA to be Modestly Undervalued.

Key valuation signals for LTS:0OCD:

  • Cyclically Adjusted PB Ratio: 12.47 (19% below median its 10-year median of 15.38)
  • GF Value™: kr260.85 vs. price of kr231.00 (11.4% below fair value)
  • GF Score™: 100/100 with 1 warning sign
  • Industry Position: 590.9% above the Medical Devices & Instruments median (#495 of 524)

No single metric tells the full story. See the LTS:0OCD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Medistim ASA Business Description

Address Okernveien 94, Oslo, NOR, 0579
Medistim ASA is a medical device company. It is engaged in researching, developing, producing, distributing, and sales of medical equipment through its own business or participation in other companies, as well as related activities. The company's business is focused on cardiac and vascular surgery. The group operates in the USA, Europe, China, and the Rest of the World. The main divisions are sale of own products and sale of third-party products. Sale of own products has two business models, the capital model and the lease model. Third-party products segment sells medical devices from third party manufacturers in Norway, Sweden and Denmark. Key revenue is generated from Own Products segment.
100GF Score

Get the complete analysis for LTS:0OCD

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

kr231.00
Price
kr260.85
GF Value