FastPassCorp AS (OCSE:FASTPC) Cyclically Adjusted PB Ratio: 4.89 (As of Jul. 18, 2026)

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OCSE:FASTPC FastPassCorp AS OCSE:FASTPC
29 GF Score
Price kr37.00
! 2 Warning Signs
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What is FastPassCorp AS Cyclically Adjusted PB Ratio?

FastPassCorp AS OCSE:FASTPC 29 Cyclically Adjusted PB Ratio is 4.89 as of Jul. 18, 2026. GuruFocus rates OCSE:FASTPC with a GF Score™ of 29/100. The stock has 2 warning signs investors should review. Among 1,597 Software companies, FastPassCorp AS ranks worse than 76.46% on this metric.

As of today (2026-07-18), FastPassCorp AS's current share price is kr37.00. FastPassCorp AS's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was kr7.56. FastPassCorp AS's Cyclically Adjusted PB Ratio for today is 4.89.

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

OCSE:FASTPC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 4.9
Current: 4.9

During the past 13 years, FastPassCorp AS's highest Cyclically Adjusted PB Ratio was 4.90. The lowest was 0.00. And the median was 0.00.

OCSE:FASTPC's Cyclically Adjusted PB Ratio is ranked worse than
76.46% of 1597 companies
in the Software industry
Industry Median: 2.3 vs OCSE:FASTPC: 4.90

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.

FastPassCorp AS's adjusted book value per share data of for the fiscal year that ended in Dec25 was kr1.821. 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 kr7.56 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


FastPassCorp AS  (OCSE:FASTPC) 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.


FastPassCorp AS Cyclically Adjusted PB Ratio Related Terms


FastPassCorp AS Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for FastPassCorp 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.

FastPassCorp AS Cyclically Adjusted PB Ratio Chart

FastPassCorp AS 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 5.93 3.64 2.17 2.52 2.91

FastPassCorp AS Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 2.17 0.00 2.52 0.00 2.91

OCSE:FASTPC vs UBER, SHOP, CRM: Cyclically Adjusted PB Ratio Comparison

For the Software - Application subindustry, FastPassCorp 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.


FastPassCorp AS Cyclically Adjusted PB Ratio vs Software Industry

For the Software industry and Technology sector, FastPassCorp AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


OCSE:FASTPC
29GF Score
FastPassCorp AS OCSE:FASTPC
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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FastPassCorp 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=37.00/7.56
=4.89

* 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.

FastPassCorp AS's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, FastPassCorp AS's adjusted Book Value per Share data for the fiscal year that ended in Dec25 was:

Adj_Book=Book Value per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=1.821/121.2000*121.2000
=1.821

Current CPI (Dec25) = 121.2000.

FastPassCorp AS Annual Data

Book Value per Share CPI Adj_Book
201612 13.364 100.300 16.149
201712 14.010 101.300 16.762
201812 13.330 102.100 15.824
201912 11.718 102.900 13.802
202012 8.810 103.400 10.327
202112 6.226 106.600 7.079
202212 3.178 115.900 3.323
202312 -3.245 116.700 -3.370
202412 -6.015 118.900 -6.131
202512 1.821 121.200 1.821

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 4.89 mean?
FastPassCorp AS (OCSE:FASTPC) has a Cyclically Adjusted PB Ratio of 4.89 as of Jul. 18, 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 FastPassCorp AS and its competitors. According to the industry distribution chart, FastPassCorp AS ranks #1221 out of 1597 companies in the Software industry, placing it in the top 76.5%.
Is FastPassCorp AS's Cyclically Adjusted PB Ratio too high?
FastPassCorp AS's current Cyclically Adjusted PB Ratio is 4.89. The Software industry median Cyclically Adjusted PB Ratio is 2.30. FastPassCorp AS's value of 4.89 is 112.6% above this industry median. Based on the distribution chart, FastPassCorp AS ranks #1221 out of 1597 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, FastPassCorp AS has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does FastPassCorp AS's Cyclically Adjusted PB Ratio compare to UBER and SHOP?
According to the Software industry distribution chart, FastPassCorp AS ranks #1221 out of 1597 companies for Cyclically Adjusted PB Ratio. This places FastPassCorp AS in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.30. FastPassCorp AS's value of 4.89 is 112.6% above this benchmark. 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 Software company?
The median Cyclically Adjusted PB Ratio among Software companies is 2.30, based on 1,597 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. FastPassCorp AS's current Cyclically Adjusted PB Ratio of 4.89 is 112.6% 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 FastPassCorp AS and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FastPassCorp AS's current Cyclically Adjusted PB Ratio is 4.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FastPassCorp AS stock overvalued right now?
FastPassCorp AS (OCSE:FASTPC) has a current Cyclically Adjusted PB Ratio of 4.89. The current Cyclically Adjusted PB Ratio is 4.89 and 112.6% above the Software industry median of 2.30. FastPassCorp AS's overall GF Score™ is 29/100 with 2 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 FastPassCorp AS (OCSE:FASTPC), the current Cyclically Adjusted PB Ratio is 4.89 as of Jul. 18, 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.

FastPassCorp AS Business Description

Address Frederiksborggade 15, 3, Copenhagen, DNK, 1360
FastPassCorp AS is a cybersecurity software company specializing in Workforce Identity Verification (IDV) and secure identity-related automation for large and complex organizations. The Company develops and delivers enterprise-grade SaaS and on-premise solutions that protect organizations against identity based cyber threats while simultaneously improving operational efficiency across IT and security functions. Its products include FastPass Suit, FastPass IVM, FastPass SSPR, FastPass sync, FastPass cloud.
29GF Score

Get the complete analysis for OCSE:FASTPC

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

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