Agat Ejendomme AS (OCSE:AGAT) Cyclically Adjusted PB Ratio: 0.17 (As of Aug. 12, 2026) — Near Median

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OCSE:AGAT Agat Ejendomme AS OCSE:AGAT
25 GF Score
Price kr1.13
GF Value kr0.77
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Agat Ejendomme AS Cyclically Adjusted PB Ratio?

Agat Ejendomme AS OCSE:AGAT 25 Cyclically Adjusted PB Ratio is 0.17 as of Aug. 12, 2026, which is 6% above its 10-year median of 0.16. GuruFocus rates OCSE:AGAT with a GF Score™ of 25/100 and a GF Value™ of kr0.77 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,410 Real Estate companies, Agat Ejendomme AS ranks better than 85.32% on this metric.

As of today (2026-08-12), Agat Ejendomme AS's current share price is kr1.13. Agat Ejendomme AS's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 was kr6.68. Agat Ejendomme AS's Cyclically Adjusted PB Ratio for today is 0.17.

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

OCSE:AGAT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.09   Med: 0.16   Max: 0.39
Current: 0.17

During the past years, Agat Ejendomme AS's highest Cyclically Adjusted PB Ratio was 0.39. The lowest was 0.09. And the median was 0.16.

OCSE:AGAT's Cyclically Adjusted PB Ratio is ranked better than
85.32% of 1410 companies
in the Real Estate industry
Industry Median: 0.7 vs OCSE:AGAT: 0.17

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.

Agat Ejendomme AS's adjusted book value per share data for the three months ended in Apr. 2026 was kr2.286. 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 kr6.68 for the trailing ten years ended in Apr. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Agat Ejendomme AS  (OCSE:AGAT) 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.


Agat Ejendomme AS Cyclically Adjusted PB Ratio Related Terms


Agat Ejendomme AS Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Agat Ejendomme AS'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.

Agat Ejendomme AS Cyclically Adjusted PB Ratio Chart

Agat Ejendomme AS Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.15 0.16 0.17 0.16 0.16

Agat Ejendomme AS Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 0.17 0.16 0.17 0.16 0.17

OCSE:AGAT vs CBRE, BEKE, JLL: Cyclically Adjusted PB Ratio Comparison

For the Real Estate Services subindustry, Agat Ejendomme AS'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.


Agat Ejendomme AS Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Agat Ejendomme AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Agat Ejendomme AS's Cyclically Adjusted PB Ratio falls into.


OCSE:AGAT
25GF Score
Agat Ejendomme AS OCSE:AGAT
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Agat Ejendomme AS 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.

Agat Ejendomme AS's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.13/6.68
=0.17

* 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.

Agat Ejendomme AS's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 is calculated as:

For example, Agat Ejendomme AS's adjusted Book Value per Share data for the three months ended in Apr. 2026 was:

Adj_Book=Book Value per Share/CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=2.286/121.9700*121.9700
=2.286

Current CPI (Apr. 2026) = 121.9700.

Agat Ejendomme AS Quarterly Data

Book Value per Share CPI Adj_Book
201607 12.979 100.500 15.752
201610 13.055 100.400 15.860
201701 13.180 100.300 16.028
201704 13.212 101.400 15.892
201707 13.286 102.000 15.887
201710 9.195 101.900 11.006
201801 9.402 101.000 11.354
201804 9.300 102.200 11.099
201807 9.037 103.100 10.691
201810 9.114 102.700 10.824
201901 7.693 102.300 9.172
201904 7.669 103.200 9.064
201907 7.308 103.500 8.612
201910 7.337 103.300 8.663
202001 5.685 103.000 6.732
202004 5.564 103.200 6.576
202007 5.502 104.000 6.453
202010 4.750 103.700 5.587
202101 3.859 103.600 4.543
202104 3.774 104.700 4.397
202107 3.823 105.700 4.411
202110 3.830 106.800 4.374
202201 3.889 108.100 4.388
202204 3.894 111.700 4.252
202207 3.909 114.900 4.150
202210 3.459 117.600 3.588
202301 3.348 116.400 3.508
202304 3.370 117.600 3.495
202307 3.150 118.500 3.242
202310 2.881 117.700 2.986
202401 2.821 117.800 2.921
202404 2.865 118.500 2.949
202407 2.322 119.800 2.364
202410 2.331 119.600 2.377
202501 2.269 119.600 2.314
202504 2.289 120.300 2.321
202507 2.319 122.500 2.309
202510 2.372 122.100 2.369
202601 2.266 120.510 2.293
202604 2.286 121.970 2.286

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 0.17 mean?
Agat Ejendomme AS (OCSE:AGAT) has a Cyclically Adjusted PB Ratio of 0.17 as of Aug. 12, 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 Agat Ejendomme AS and its competitors. This is near median its historical median of 0.16. Over the past decade, Agat Ejendomme AS's Cyclically Adjusted PB Ratio has ranged from 0.09 to 0.39. According to the industry distribution chart, Agat Ejendomme AS ranks #207 out of 1410 companies in the Real Estate industry, placing it in the top 14.7%.
Is Agat Ejendomme AS's Cyclically Adjusted PB Ratio too high?
Agat Ejendomme AS's current Cyclically Adjusted PB Ratio of 0.17 is near median its 10-year median of 0.16. Over the past 10 years, this metric has ranged from a low of 0.09 to a high of 0.39. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.70. Agat Ejendomme AS's value of 0.17 is 75.7% below this industry median. Based on the distribution chart, Agat Ejendomme AS ranks #207 out of 1410 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Agat Ejendomme AS has a GF Score™ of 25/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Agat Ejendomme AS's Cyclically Adjusted PB Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Agat Ejendomme AS ranks #207 out of 1410 companies for Cyclically Adjusted PB Ratio. This places Agat Ejendomme AS in the top 15% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 0.70. Agat Ejendomme AS's value of 0.17 is 75.7% below this benchmark. Historically, Agat Ejendomme AS's own Cyclically Adjusted PB Ratio has ranged from 0.09 to 0.39 over the past decade. While the company's 10-year median is 0.16 vs. the industry median of 0.70, Agat Ejendomme AS has consistently been below 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 Real Estate company?
The median Cyclically Adjusted PB Ratio among Real Estate companies is 0.70, based on 1,410 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. Agat Ejendomme AS's current Cyclically Adjusted PB Ratio of 0.17 is 75.7% below 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 Agat Ejendomme AS and its competitors. For the Real Estate industry, the median Cyclically Adjusted PB Ratio is 0.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Agat Ejendomme AS's current Cyclically Adjusted PB Ratio is 0.17, which is near median its own 10-year median of 0.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Agat Ejendomme AS stock overvalued right now?
Based on GuruFocus' analysis, Agat Ejendomme AS (OCSE:AGAT) is currently considered Significantly Overvalued. The stock's GF Value™ is kr0.77, compared to a current price of kr1.13 — trading 46.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.17, which is near median its 10-year median of 0.16 and 75.7% below the Real Estate industry median of 0.70. Agat Ejendomme AS's overall GF Score™ is 25/100 with 5 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 Agat Ejendomme AS (OCSE:AGAT), the current Cyclically Adjusted PB Ratio is 0.17 as of Aug. 12, 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 Agat Ejendomme AS (OCSE:AGAT) Overvalued in 2026?

Based on GuruFocus' analysis, Agat Ejendomme AS stock appears to be overvalued. The current stock price of kr1.13 is trading 46.8% above its estimated GF Value™ of kr0.77. GuruFocus considers Agat Ejendomme AS to be Significantly Overvalued.

Key valuation signals for OCSE:AGAT:

  • Cyclically Adjusted PB Ratio: 0.17 (near median its 10-year median of 0.16)
  • GF Value™: kr0.77 vs. price of kr1.13 (46.8% above fair value)
  • GF Score™: 25/100 with 5 warning signs
  • Industry Position: 75.7% below the Real Estate median (#207 of 1410)

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


Agat Ejendomme AS Business Description

Address Vestre Havnepromenade 7, 3rd Floor, Aalborg, DNK, 9000
Agat Ejendomme AS develops, builds and invests in properties that create value to the people who live, work and do their shopping in these properties. The properties developed by the company are either included in the company's property portfolio or sold to end-users or investors. The company's strategic focus is on the development of a diversified property portfolio in Denmark and on property development activities in Denmark. In terms of segments, the company is engaged in three business areas such as Real estate portfolio, Development activities, and Residual activities.
25GF Score

Get the complete analysis for OCSE:AGAT

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

kr1.13
Price
kr0.77
GF Value