AIK Fotboll AB (NGM:AIK B) Cyclically Adjusted PB Ratio: (As of Sep. 22, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NGM:AIK B AIK Fotboll AB NGM:AIK B
58 GF Score
Price kr2.05
GF Value kr2.81
Valuation Modestly Undervalued
! 5 Warning Signs
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What is AIK Fotboll AB Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


AIK Fotboll AB  (NGM:AIK B) 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.


AIK Fotboll AB Cyclically Adjusted PB Ratio Related Terms


AIK Fotboll AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for AIK Fotboll 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.

AIK Fotboll AB Cyclically Adjusted PB Ratio Chart

AIK Fotboll 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 0.92 0.71 0.51 0.52 0.49

AIK Fotboll 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 0.49 0.47 0.49 0.51 0.56

NGM:AIK B vs NFLX, DIS, WBD: Cyclically Adjusted PB Ratio Comparison

For the Entertainment subindustry, AIK Fotboll 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.


AIK Fotboll AB Cyclically Adjusted PB Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, AIK Fotboll AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


NGM:AIK B
58GF Score
AIK Fotboll AB NGM:AIK B
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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AIK Fotboll 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.

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

For example, AIK Fotboll 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)
=6.16/134.6100*134.6100
=6.160

Current CPI (Jun. 2026) = 134.6100.

AIK Fotboll AB Quarterly Data

Book Value per Share CPI Adj_Book
201609 1.254 101.138 1.669
201612 1.564 102.022 2.064
201703 3.770 102.022 4.974
201706 3.749 102.752 4.911
201709 4.148 103.279 5.406
201712 3.664 103.793 4.752
201803 2.892 103.962 3.745
201806 2.930 104.875 3.761
201809 3.089 105.679 3.935
201812 2.890 105.912 3.673
201903 3.066 105.886 3.898
201906 2.903 106.742 3.661
201909 3.440 107.214 4.319
201912 2.908 107.766 3.632
202003 2.040 106.563 2.577
202006 2.193 107.498 2.746
202009 1.870 107.635 2.339
202012 2.100 108.296 2.610
202103 1.736 108.360 2.157
202106 2.133 108.928 2.636
202109 3.188 110.338 3.889
202112 3.362 112.486 4.023
202203 2.709 114.825 3.176
202206 2.482 118.384 2.822
202209 4.191 122.296 4.613
202212 3.946 126.365 4.203
202303 4.537 127.042 4.807
202306 4.122 129.407 4.288
202309 4.193 130.224 4.334
202312 2.984 131.912 3.045
202403 132.205 0.000
202406 2.310 132.716 2.343
202409 2.551 132.304 2.595
202412 2.791 132.987 2.825
202503 1.677 132.825 1.700
202506 1.391 133.699 1.400
202509 2.164 133.480 2.182
202512 1.770 133.380 1.786
202603 1.077 133.550 1.086
202606 6.160 134.610 6.160

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.

Is AIK Fotboll AB (NGM:AIK B) Overvalued in 2026?

Based on GuruFocus' analysis, AIK Fotboll AB stock appears to be undervalued. The current stock price of kr2.05 is trading 27% below its estimated GF Value™ of kr2.81. GuruFocus considers AIK Fotboll AB to be Modestly Undervalued.

Key valuation signals for NGM:AIK B:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: kr2.81 vs. price of kr2.05 (27% below fair value)
  • GF Score™: 58/100 with 5 warning signs

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


AIK Fotboll AB Business Description

Address Evenemangsgatan 31, Solna, SWE, 169 79
AIK Fotboll AB operates AIK Football Association's elite football operations through a men's team and a women's team. The men's team plays in Allsvenskan and the women's team plays in Damallsvenskan. AIK Football AB is listed on NGM Nordic Growth Market Stockholm.
58GF Score

Get the complete analysis for NGM:AIK B

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

kr2.05
Price
kr2.81
GF Value