FOM Technologies AS (OCSE:FOM) Cyclically Adjusted PB Ratio: (As of Sep. 20, 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.
Reviewed by: Charlie Tian Charlie Tian
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.

OCSE:FOM FOM Technologies AS OCSE:FOM
59 GF Score
Price kr1.97
GF Value kr3.32
Valuation Possible Value Trap
! 5 Warning Signs
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What is FOM Technologies AS Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


FOM Technologies AS  (OCSE:FOM) 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.


FOM Technologies AS Cyclically Adjusted PB Ratio Related Terms


FOM Technologies AS Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for FOM Technologies 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.

FOM Technologies AS Cyclically Adjusted PB Ratio Chart

FOM Technologies 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 - - - - 1.48

FOM Technologies AS Semi-Annual Data
Jun19 Jun20 Dec20 Jun21 Dec21 Jun22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 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 - - - 1.48 0.85

OCSE:FOM vs GEV, ETN, PH: Cyclically Adjusted PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, FOM Technologies 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.


FOM Technologies AS Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, FOM Technologies AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


OCSE:FOM
59GF Score
FOM Technologies AS OCSE:FOM
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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FOM Technologies 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.

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

For example, FOM Technologies 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)
=3.821/121.1800*121.1800
=3.821

Current CPI (Dec25) = 121.1800.

FOM Technologies AS Annual Data

Book Value per Share CPI Adj_Book
201612 0.216 100.300 0.261
201712 0.237 101.300 0.284
201812 0.250 102.100 0.297
201912 0.572 102.900 0.674
202012 1.498 103.400 1.756
202112 1.785 106.600 2.029
202212 3.707 115.900 3.876
202312 7.349 116.700 7.631
202412 6.226 118.900 6.345
202512 3.821 121.180 3.821

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.

Is FOM Technologies AS (OCSE:FOM) Overvalued in 2026?

Based on GuruFocus' analysis, FOM Technologies AS stock appears to be undervalued. The current stock price of kr1.97 is trading 40.7% below its estimated GF Value™ of kr3.32. GuruFocus considers FOM Technologies AS to be Possible Value Trap.

Key valuation signals for OCSE:FOM:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: kr3.32 vs. price of kr1.97 (40.7% below fair value)
  • GF Score™: 59/100 with 5 warning signs

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


FOM Technologies AS Business Description

Address Bryggergarden 2-12, Kastrup, DNK, 2770
FOM Technologies AS is engaged in the development and sale of machinery and equipment for material production and research. The company is a supplier of lab and pilot-scale slot die coating tools for material R&D and upscaling to commercial production. The company's products include Machine rolls, Machine sheets, Machine rolls-to-rolls, and Slot-die heads.
59GF Score

Get the complete analysis for OCSE:FOM

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

kr1.97
Price
kr3.32
GF Value