Flugger Group AS (OCSE:FLUG B) Cyclically Adjusted PB Ratio: 1.31 (As of Sep. 02, 2026) — 11% Above Median

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OCSE:FLUG B Flugger Group AS OCSE:FLUG B
78 GF Score
Price kr395.00
GF Value kr358.35
Valuation Fairly Valued
! 3 Warning Signs
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What is Flugger Group AS Cyclically Adjusted PB Ratio?

Flugger Group AS OCSE:FLUG B +0.77% 78 Cyclically Adjusted PB Ratio is 1.31 as of Sep. 02, 2026, which is 11% above its 10-year median of 1.18. GuruFocus rates OCSE:FLUG B with a GF Score™ of 78/100 and a GF Value™ of kr358.35 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,091 Chemicals companies, Flugger Group AS ranks better than 59.3% on this metric.

As of today (2026-09-02), Flugger Group AS's current share price is kr395.00. Flugger Group AS's Cyclically Adjusted Book per Share for the fiscal year that ended in Apr26 was kr301.08. Flugger Group AS's Cyclically Adjusted PB Ratio for today is 1.31.

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

OCSE:FLUG B' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.9   Med: 1.18   Max: 2.78
Current: 1.31

During the past 13 years, Flugger Group AS's highest Cyclically Adjusted PB Ratio was 2.78. The lowest was 0.90. And the median was 1.18.

OCSE:FLUG B's Cyclically Adjusted PB Ratio is ranked better than
59.3% of 1091 companies
in the Chemicals industry
Industry Median: 1.69 vs OCSE:FLUG B: 1.31

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.

Flugger Group AS's adjusted book value per share data of for the fiscal year that ended in Apr26 was kr279.933. 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 kr301.08 for the trailing ten years ended in Apr26.

Shiller PE for Stocks: The True Measure of Stock Valuation


Flugger Group AS  (OCSE:FLUG 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.


Flugger Group AS Cyclically Adjusted PB Ratio Related Terms


Flugger Group AS Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Flugger Group 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.

Flugger Group AS Cyclically Adjusted PB Ratio Chart

Flugger Group AS Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.57 1.16 1.08 1.04 1.16

Flugger Group AS Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 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 1.08 1.00 1.04 0.00 1.16

OCSE:FLUG B vs LIN, SHW, ECL: Cyclically Adjusted PB Ratio Comparison

For the Specialty Chemicals subindustry, Flugger Group 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.


Flugger Group AS Cyclically Adjusted PB Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Flugger Group AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


OCSE:FLUG B
78GF Score
Flugger Group AS OCSE:FLUG B
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Flugger Group 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=395.00/301.08
=1.31

* 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.

Flugger Group AS's Cyclically Adjusted Book per Share for the fiscal year that ended in Apr26 is calculated as:

For example, Flugger Group AS's adjusted Book Value per Share data for the fiscal year that ended in Apr26 was:

Adj_Book=Book Value per Share/CPI of Apr26 (Change)*Current CPI (Apr26)
=279.933/121.9700*121.9700
=279.933

Current CPI (Apr26) = 121.9700.

Flugger Group AS Annual Data

Book Value per Share CPI Adj_Book
201704 277.087 101.400 333.297
201804 263.820 102.200 314.854
201904 247.391 103.200 292.386
202004 261.333 103.200 308.864
202104 315.144 104.700 367.126
202204 307.861 111.700 336.167
202304 231.958 117.600 240.578
202404 249.917 118.500 257.235
202504 276.475 120.300 280.313
202604 279.933 121.970 279.933

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 1.31 mean?
Flugger Group AS (OCSE:FLUG B) has a Cyclically Adjusted PB Ratio of 1.31 as of Sep. 02, 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 Flugger Group AS and its competitors. This is 11% above median its historical median of 1.18. Over the past decade, Flugger Group AS's Cyclically Adjusted PB Ratio has ranged from 0.90 to 2.78. According to the industry distribution chart, Flugger Group AS ranks #444 out of 1091 companies in the Chemicals industry, placing it in the top 40.7%.
Is Flugger Group AS's Cyclically Adjusted PB Ratio too high?
Flugger Group AS's current Cyclically Adjusted PB Ratio of 1.31 is 11% above median its 10-year median of 1.18. Over the past 10 years, this metric has ranged from a low of 0.90 to a high of 2.78. The Chemicals industry median Cyclically Adjusted PB Ratio is 1.69. Flugger Group AS's value of 1.31 is 22.5% below this industry median. Based on the distribution chart, Flugger Group AS ranks #444 out of 1091 companies in the Chemicals industry, which is above the industry midpoint. Overall, Flugger Group AS has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Flugger Group AS's Cyclically Adjusted PB Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Flugger Group AS ranks #444 out of 1091 companies for Cyclically Adjusted PB Ratio. This puts Flugger Group AS in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.69. Flugger Group AS's value of 1.31 is 22.5% below this benchmark. Historically, Flugger Group AS's own Cyclically Adjusted PB Ratio has ranged from 0.90 to 2.78 over the past decade. While the company's 10-year median is 1.18 vs. the industry median of 1.69, Flugger Group 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 Chemicals company?
The median Cyclically Adjusted PB Ratio among Chemicals companies is 1.69, based on 1,091 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. Flugger Group AS's current Cyclically Adjusted PB Ratio of 1.31 is 22.5% 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 Flugger Group AS and its competitors. For the Chemicals industry, the median Cyclically Adjusted PB Ratio is 1.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Flugger Group AS's current Cyclically Adjusted PB Ratio is 1.31, which is 11% above median its own 10-year median of 1.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Flugger Group AS stock overvalued right now?
Based on GuruFocus' analysis, Flugger Group AS (OCSE:FLUG B) is currently considered Fairly Valued. The stock's GF Value™ is kr358.35, compared to a current price of kr395.00 — trading 10.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.31, which is 11% above median its 10-year median of 1.18 and 22.5% below the Chemicals industry median of 1.69. Flugger Group AS's overall GF Score™ is 78/100 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 Flugger Group AS (OCSE:FLUG B), the current Cyclically Adjusted PB Ratio is 1.31 as of Sep. 02, 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 Flugger Group AS (OCSE:FLUG B) Overvalued in 2026?

Based on GuruFocus' analysis, Flugger Group AS stock appears to be overvalued. The current stock price of kr395.00 is trading 10.2% above its estimated GF Value™ of kr358.35. GuruFocus considers Flugger Group AS to be Fairly Valued.

Key valuation signals for OCSE:FLUG B:

  • Cyclically Adjusted PB Ratio: 1.31 (11% above median its 10-year median of 1.18)
  • GF Value™: kr358.35 vs. price of kr395.00 (10.2% above fair value)
  • GF Score™: 78/100 with 3 warning signs
  • Industry Position: 22.5% below the Chemicals median (#444 of 1091)

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


Flugger Group AS Business Description

Other Exchanges 0M6Y:UK
Address Islevdalvej 151, Rodovre, DNK, 2610
Flugger Group AS develops, produces, markets, and sells a wide range of building paints, wood stains, fillers, wallpapers, and accessories.
78GF Score

Get the complete analysis for OCSE:FLUG B

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

kr395.00
Price
kr358.35
GF Value