C-Rad AB (LTS:0R44) Cyclically Adjusted PB Ratio: 5.64 (As of Aug. 02, 2026) — 48% Below Median

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LTS:0R44 C-Rad AB LTS:0R44
83 GF Score
Price kr36.80
GF Value kr33.42
Valuation Fairly Valued
! 4 Warning Signs
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What is C-Rad AB Cyclically Adjusted PB Ratio?

C-Rad AB LTS:0R44 +0.27% 83 Cyclically Adjusted PB Ratio is 5.64 as of Aug. 02, 2026, which is 48% below its 10-year median of 10.85. GuruFocus rates LTS:0R44 with a GF Score™ of 83/100 and a GF Value™ of kr33.42 (Fairly Valued). The stock has 4 warning signs investors should review. Among 521 Medical Devices & Instruments companies, C-Rad AB ranks worse than 84.84% on this metric.

As of today (2026-08-02), C-Rad AB's current share price is kr36.80. C-Rad AB's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was kr6.52. C-Rad AB's Cyclically Adjusted PB Ratio for today is 5.64.

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

LTS:0R44' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.92   Med: 10.85   Max: 23.43
Current: 5.63

During the past years, C-Rad AB's highest Cyclically Adjusted PB Ratio was 23.43. The lowest was 3.92. And the median was 10.85.

LTS:0R44's Cyclically Adjusted PB Ratio is ranked worse than
84.84% of 521 companies
in the Medical Devices & Instruments industry
Industry Median: 1.78 vs LTS:0R44: 5.63

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.

C-Rad AB's adjusted book value per share data for the three months ended in Jun. 2026 was kr11.109. 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 kr6.52 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


C-Rad AB  (LTS:0R44) 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.


C-Rad AB Cyclically Adjusted PB Ratio Related Terms


C-Rad AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for C-Rad 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.

C-Rad AB Cyclically Adjusted PB Ratio Chart

C-Rad 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 17.99 9.42 8.82 5.51 5.22

C-Rad 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 6.28 5.44 5.22 4.07 5.51

LTS:0R44 vs ABT, SYK, MDT: Cyclically Adjusted PB Ratio Comparison

For the Medical Devices subindustry, C-Rad 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.


C-Rad AB Cyclically Adjusted PB Ratio vs Medical Devices & Instruments Industry

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

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


LTS:0R44
83GF Score
C-Rad AB LTS:0R44
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

C-Rad 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.

C-Rad AB's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=36.80/6.52
=5.64

* 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.

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

For example, C-Rad 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)
=11.109/134.6100*134.6100
=11.109

Current CPI (Jun. 2026) = 134.6100.

C-Rad AB Quarterly Data

Book Value per Share CPI Adj_Book
201609 1.960 101.138 2.609
201612 2.391 102.022 3.155
201703 2.195 102.022 2.896
201706 2.076 102.752 2.720
201709 1.976 103.279 2.575
201712 2.322 103.793 3.011
201803 2.156 103.962 2.792
201806 2.224 104.875 2.855
201809 2.250 105.679 2.866
201812 3.045 105.912 3.870
201903 3.085 105.886 3.922
201906 3.117 106.742 3.931
201909 3.111 107.214 3.906
201912 2.686 107.766 3.355
202003 5.594 106.563 7.066
202006 5.546 107.498 6.945
202009 5.647 107.635 7.062
202012 5.936 108.296 7.378
202103 6.166 108.360 7.660
202106 6.325 108.928 7.816
202109 6.497 110.338 7.926
202112 6.847 112.486 8.194
202203 6.822 114.825 7.997
202206 6.840 118.384 7.778
202209 7.109 122.296 7.825
202212 7.183 126.365 7.652
202303 7.275 127.042 7.708
202306 7.453 129.407 7.753
202309 7.765 130.224 8.027
202312 8.052 131.912 8.217
202403 8.638 132.205 8.795
202406 8.988 132.716 9.116
202409 9.238 132.304 9.399
202412 9.679 132.987 9.797
202503 0.000 132.825 0.000
202506 10.164 133.699 10.233
202509 10.587 133.480 10.677
202512 10.455 133.390 10.551
202603 10.555 133.560 10.638
202606 11.109 134.610 11.109

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 5.64 mean?
C-Rad AB (LTS:0R44) has a Cyclically Adjusted PB Ratio of 5.64 as of Aug. 02, 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 C-Rad AB and its competitors. This is 48% below median its historical median of 10.85. Over the past decade, C-Rad AB's Cyclically Adjusted PB Ratio has ranged from 3.92 to 23.43. According to the industry distribution chart, C-Rad AB ranks #442 out of 521 companies in the Medical Devices & Instruments industry, placing it in the top 84.8%.
Is C-Rad AB's Cyclically Adjusted PB Ratio too high?
C-Rad AB's current Cyclically Adjusted PB Ratio of 5.64 is 48% below median its 10-year median of 10.85. Over the past 10 years, this metric has ranged from a low of 3.92 to a high of 23.43. The Medical Devices & Instruments industry median Cyclically Adjusted PB Ratio is 1.78. C-Rad AB's value of 5.64 is 216.9% above this industry median. Based on the distribution chart, C-Rad AB ranks #442 out of 521 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers. Overall, C-Rad AB has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does C-Rad AB's Cyclically Adjusted PB Ratio compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, C-Rad AB ranks #442 out of 521 companies for Cyclically Adjusted PB Ratio. This places C-Rad AB in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.78. C-Rad AB's value of 5.64 is 216.9% above this benchmark. Historically, C-Rad AB's own Cyclically Adjusted PB Ratio has ranged from 3.92 to 23.43 over the past decade. While the company's 10-year median is 10.85 vs. the industry median of 1.78, C-Rad 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 Medical Devices & Instruments company?
The median Cyclically Adjusted PB Ratio among Medical Devices & Instruments companies is 1.78, based on 521 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. C-Rad AB's current Cyclically Adjusted PB Ratio of 5.64 is 216.9% 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 C-Rad AB and its competitors. For the Medical Devices & Instruments industry, the median Cyclically Adjusted PB Ratio is 1.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. C-Rad AB's current Cyclically Adjusted PB Ratio is 5.64, which is 48% below median its own 10-year median of 10.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is C-Rad AB stock overvalued right now?
Based on GuruFocus' analysis, C-Rad AB (LTS:0R44) is currently considered Fairly Valued. The stock's GF Value™ is kr33.42, compared to a current price of kr36.80 — trading 10.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 5.64, which is 48% below median its 10-year median of 10.85 and 216.9% above the Medical Devices & Instruments industry median of 1.78. C-Rad AB's overall GF Score™ is 83/100 with 4 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 C-Rad AB (LTS:0R44), the current Cyclically Adjusted PB Ratio is 5.64 as of Aug. 02, 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 C-Rad AB (LTS:0R44) Overvalued in 2026?

Based on GuruFocus' analysis, C-Rad AB stock appears to be overvalued. The current stock price of kr36.80 is trading 10.1% above its estimated GF Value™ of kr33.42. GuruFocus considers C-Rad AB to be Fairly Valued.

Key valuation signals for LTS:0R44:

  • Cyclically Adjusted PB Ratio: 5.64 (48% below median its 10-year median of 10.85)
  • GF Value™: kr33.42 vs. price of kr36.80 (10.1% above fair value)
  • GF Score™: 83/100 with 4 warning signs
  • Industry Position: 216.9% above the Medical Devices & Instruments median (#442 of 521)

No single metric tells the full story. See the LTS:0R44 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


C-Rad AB Business Description

Other Exchanges CRAD B:Sweden24C:Germany
Address Sjukhusvagen 12K, Uppsala, SWE, 753 09
C-Rad AB is a Sweden-based company engaged in the development and sales of systems with applications in radiation therapy for the treatment of cancer. The systems can be used to position the patient before the treatment and to localize and monitor the tumor by recording information such as patient movements during radiation treatment. Its product portfolio includes the Catalyst and Sentinel systems. Geographically, the company generates a majority of its revenue from Asia Pacific region, and also has its presence in Europe, Middle East and Africa and the rest from Americas.
83GF Score

Get the complete analysis for LTS:0R44

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

kr36.80
Price
kr33.42
GF Value