Svenska Cellulosa AB (MEX:SCAN) Cyclically Adjusted PB Ratio: (As of Sep. 01, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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What is Svenska Cellulosa AB Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Svenska Cellulosa AB  (MEX:SCAN) 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.


Svenska Cellulosa AB Cyclically Adjusted PB Ratio Related Terms


Svenska Cellulosa AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Svenska Cellulosa 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.

Svenska Cellulosa AB Cyclically Adjusted PB Ratio Chart

Svenska Cellulosa 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 1.73 1.24 1.30 1.18 1.02

Svenska Cellulosa 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 1.03 1.04 1.02 0.90 0.81

MEX:SCAN vs SLVM: Cyclically Adjusted PB Ratio Comparison

For the Paper & Paper Products subindustry, Svenska Cellulosa 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.


Svenska Cellulosa AB Cyclically Adjusted PB Ratio vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Svenska Cellulosa AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Svenska Cellulosa 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.

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

For example, Svenska Cellulosa 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)
=264.163/134.6100*134.6100
=264.163

Current CPI (Jun. 2026) = 134.6100.

Svenska Cellulosa AB Quarterly Data

Book Value per Share CPI Adj_Book
201609 219.909 101.138 292.690
201612 233.198 102.022 307.688
201703 228.775 102.022 301.852
201706 105.917 102.752 138.756
201709 116.589 103.279 151.958
201712 122.450 103.793 158.807
201803 113.763 103.962 147.301
201806 118.139 104.875 151.635
201809 114.368 105.679 145.678
201812 120.930 105.912 153.698
201903 114.790 105.886 145.929
201906 114.283 106.742 144.120
201909 116.062 107.214 145.719
201912 195.041 107.766 243.625
202003 231.477 106.563 292.401
202006 244.917 107.498 306.688
202009 244.973 107.635 306.367
202012 244.386 108.296 303.768
202103 250.160 108.360 310.762
202106 251.566 108.928 310.879
202109 257.919 110.338 314.655
202112 266.884 112.486 319.376
202203 244.950 114.825 287.156
202206 245.877 118.384 279.578
202209 234.459 122.296 258.066
202212 257.734 126.365 274.550
202303 235.236 127.042 249.250
202306 219.598 129.407 228.428
202309 217.514 130.224 224.841
202312 245.705 131.912 250.731
202403 234.547 132.205 238.813
202406 258.483 132.716 262.172
202409 287.503 132.304 292.513
202412 281.226 132.987 284.658
202503 301.792 132.825 305.849
202506 290.806 133.699 292.788
202509 291.123 133.480 293.588
202512 280.005 133.390 282.566
202603 275.884 133.560 278.053
202606 264.163 134.610 264.163

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.


Svenska Cellulosa AB Business Description

Address Skepparplatsen 1, Sundsvall, SWE, SE-851 88
Svenska Cellulosa AB is Europe's private forest owner, engaged in different business segments such as the Forest segment, which generates key revenue, and supplies its industries with timber. The Wood segment includes five sawmills in northern Sweden and wood processing and distribution to the building materials trade in Sweden and France, The Pulp segment encompasses the production and sale of bleached softwood kraft pulp (NBSK) and chemi-thermomechanical pulp (CTMP), which are produced at the Ostrand pulp mill, The Containerboard segment includes packaging paper with kraft liner manufacturing at the Obbola and Munksund paper mills, and The Renewable Energy segment which encompasses production and sales of processed and unprocessed biofuels as well as liquid biofuels.