Indutrade AB (MIL:1INDT) Cyclically Adjusted PB Ratio: 7.77 (As of Aug. 08, 2026) — 26% Below Median

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MIL:1INDT Indutrade AB MIL:1INDT
76 GF Score
Price €23.24
GF Value €24.90
Valuation Fairly Valued
! 3 Warning Signs
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What is Indutrade AB Cyclically Adjusted PB Ratio?

Indutrade AB MIL:1INDT 76 Cyclically Adjusted PB Ratio is 7.77 as of Aug. 08, 2026, which is 26% below its 10-year median of 10.56. GuruFocus rates MIL:1INDT with a GF Score™ of 76/100 and a GF Value™ of €24.90 (Fairly Valued). The stock has 3 warning signs investors should review. Among 127 Industrial Distribution companies, Indutrade AB ranks worse than 90.55% on this metric.

As of today (2026-08-08), Indutrade AB's current share price is €23.24. Indutrade AB's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €2.99. Indutrade AB's Cyclically Adjusted PB Ratio for today is 7.77.

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

MIL:1INDT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 6.12   Med: 10.56   Max: 21.79
Current: 7.6

During the past years, Indutrade AB's highest Cyclically Adjusted PB Ratio was 21.79. The lowest was 6.12. And the median was 10.56.

MIL:1INDT's Cyclically Adjusted PB Ratio is ranked worse than
90.55% of 127 companies
in the Industrial Distribution industry
Industry Median: 1.3 vs MIL:1INDT: 7.60

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.

Indutrade AB's adjusted book value per share data for the three months ended in Jun. 2026 was €4.477. 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 €2.99 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Indutrade AB  (MIL:1INDT) 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.


Indutrade AB Cyclically Adjusted PB Ratio Related Terms


Indutrade AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Indutrade 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.

Indutrade AB Cyclically Adjusted PB Ratio Chart

Indutrade 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 18.69 10.95 11.31 10.41 8.02

Indutrade 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 9.10 7.40 8.02 6.94 6.28

MIL:1INDT vs GWW, FAST, FERG: Cyclically Adjusted PB Ratio Comparison

For the Industrial Distribution subindustry, Indutrade 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.


Indutrade AB Cyclically Adjusted PB Ratio vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Indutrade AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


MIL:1INDT
76GF Score
Indutrade AB MIL:1INDT
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Indutrade 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=23.24/2.99
=7.77

* 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.

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

For example, Indutrade 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)
=4.477/134.6100*134.6100
=4.477

Current CPI (Jun. 2026) = 134.6100.

Indutrade AB Quarterly Data

Book Value per Share CPI Adj_Book
201609 1.179 101.138 1.569
201612 1.255 102.022 1.656
201703 1.350 102.022 1.781
201706 1.317 102.752 1.725
201709 1.417 103.279 1.847
201712 1.431 103.793 1.856
201803 1.531 103.962 1.982
201806 1.502 104.875 1.928
201809 1.557 105.679 1.983
201812 1.666 105.912 2.117
201903 1.746 105.886 2.220
201906 1.681 106.742 2.120
201909 1.787 107.214 2.244
201912 1.883 107.766 2.352
202003 1.952 106.563 2.466
202006 2.060 107.498 2.580
202009 2.191 107.635 2.740
202012 2.331 108.296 2.897
202103 2.505 108.360 3.112
202106 2.461 108.928 3.041
202109 2.606 110.338 3.179
202112 2.752 112.486 3.293
202203 2.874 114.825 3.369
202206 2.845 118.384 3.235
202209 3.016 122.296 3.320
202212 3.186 126.365 3.394
202303 3.324 127.042 3.522
202306 3.250 129.407 3.381
202309 3.297 130.224 3.408
202312 3.552 131.912 3.625
202403 3.767 132.205 3.836
202406 3.660 132.716 3.712
202409 3.793 132.304 3.859
202412 3.971 132.987 4.019
202503 4.128 132.825 4.183
202506 4.061 133.699 4.089
202509 4.191 133.480 4.226
202512 4.317 133.390 4.356
202603 4.585 133.560 4.621
202606 4.477 134.610 4.477

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 7.77 mean?
Indutrade AB (MIL:1INDT) has a Cyclically Adjusted PB Ratio of 7.77 as of Aug. 08, 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 Indutrade AB and its competitors. This is 26% below median its historical median of 10.56. Over the past decade, Indutrade AB's Cyclically Adjusted PB Ratio has ranged from 6.12 to 21.79. According to the industry distribution chart, Indutrade AB ranks #115 out of 127 companies in the Industrial Distribution industry, placing it in the top 90.6%.
Is Indutrade AB's Cyclically Adjusted PB Ratio too high?
Indutrade AB's current Cyclically Adjusted PB Ratio of 7.77 is 26% below median its 10-year median of 10.56. Over the past 10 years, this metric has ranged from a low of 6.12 to a high of 21.79. The Industrial Distribution industry median Cyclically Adjusted PB Ratio is 1.30. Indutrade AB's value of 7.77 is 497.7% above this industry median. Based on the distribution chart, Indutrade AB ranks #115 out of 127 companies in the Industrial Distribution industry, which is in the bottom quartile relative to peers. Overall, Indutrade AB has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Indutrade AB's Cyclically Adjusted PB Ratio compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Indutrade AB ranks #115 out of 127 companies for Cyclically Adjusted PB Ratio. This places Indutrade AB in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.30. Indutrade AB's value of 7.77 is 497.7% above this benchmark. Historically, Indutrade AB's own Cyclically Adjusted PB Ratio has ranged from 6.12 to 21.79 over the past decade. While the company's 10-year median is 10.56 vs. the industry median of 1.30, Indutrade 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 an Industrial Distribution company?
The median Cyclically Adjusted PB Ratio among Industrial Distribution companies is 1.30, based on 127 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. Indutrade AB's current Cyclically Adjusted PB Ratio of 7.77 is 497.7% 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 Indutrade AB and its competitors. For the Industrial Distribution industry, the median Cyclically Adjusted PB Ratio is 1.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indutrade AB's current Cyclically Adjusted PB Ratio is 7.77, which is 26% below median its own 10-year median of 10.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indutrade AB stock overvalued right now?
Based on GuruFocus' analysis, Indutrade AB (MIL:1INDT) is currently considered Fairly Valued. The stock's GF Value™ is €24.90, compared to a current price of €23.24 — trading 6.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 7.77, which is 26% below median its 10-year median of 10.56 and 497.7% above the Industrial Distribution industry median of 1.30. Indutrade AB's overall GF Score™ is 76/100 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 Indutrade AB (MIL:1INDT), the current Cyclically Adjusted PB Ratio is 7.77 as of Aug. 08, 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 Indutrade AB (MIL:1INDT) Overvalued in 2026?

Based on GuruFocus' analysis, Indutrade AB stock appears to be undervalued. The current stock price of €23.24 is trading 6.7% below its estimated GF Value™ of €24.90. GuruFocus considers Indutrade AB to be Fairly Valued.

Key valuation signals for MIL:1INDT:

  • Cyclically Adjusted PB Ratio: 7.77 (26% below median its 10-year median of 10.56)
  • GF Value™: €24.90 vs. price of €23.24 (6.7% below fair value)
  • GF Score™: 76/100 with 3 warning signs
  • Industry Position: 497.7% above the Industrial Distribution median (#115 of 127)

No single metric tells the full story. See the MIL:1INDT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Indutrade AB Business Description

Address Raseborgsgatan 9, Box 6044, Kista, SWE, SE-164 06
Indutrade AB is an industrial group that develops, manufactures, and sells components, systems and services with technical content in selected niches through a vast range of subsidiaries. The group is active in business areas such as; Industrial & Engineering, Infrastructure & Construction, Life Science, Process, Energy & Water, and Technology & Systems Solutions. The company offers products like valves, pipes and pipe systems, measurement technology, pumps, hydraulics and industrial equipment, and medical technology among others. The group geographically operates in Sweden, Benelux, UK, Ireland, Denmark, Germany, Norway, Finland, Switzerland, and Other, of which maximum revenue is derived from Sweden.
76GF Score

Get the complete analysis for MIL:1INDT

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

€23.24
Price
€24.90
GF Value