Papirfabrikken Invest (OCSE:PFINV) Cyclically Adjusted PB Ratio: 0.99 (As of Aug. 01, 2026) — 11% Above Median

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OCSE:PFINV Papirfabrikken Invest OCSE:PFINV
64 GF Score
Price kr30.00
GF Value kr26.13
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Papirfabrikken Invest Cyclically Adjusted PB Ratio?

Papirfabrikken Invest OCSE:PFINV 64 Cyclically Adjusted PB Ratio is 0.99 as of Aug. 01, 2026, which is 11% above its 10-year median of 0.89. GuruFocus rates OCSE:PFINV with a GF Score™ of 64/100 and a GF Value™ of kr26.13 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,416 Real Estate companies, Papirfabrikken Invest ranks worse than 63.14% on this metric.

As of today (2026-08-01), Papirfabrikken Invest's current share price is kr30.00. Papirfabrikken Invest's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was kr30.31. Papirfabrikken Invest's Cyclically Adjusted PB Ratio for today is 0.99.

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

OCSE:PFINV' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.52   Med: 0.89   Max: 1.82
Current: 0.98

During the past 13 years, Papirfabrikken Invest's highest Cyclically Adjusted PB Ratio was 1.82. The lowest was 0.52. And the median was 0.89.

OCSE:PFINV's Cyclically Adjusted PB Ratio is ranked worse than
63.14% of 1416 companies
in the Real Estate industry
Industry Median: 0.69 vs OCSE:PFINV: 0.98

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.

Papirfabrikken Invest's adjusted book value per share data of for the fiscal year that ended in Dec25 was kr42.010. 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 kr30.31 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Papirfabrikken Invest  (OCSE:PFINV) 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.


Papirfabrikken Invest Cyclically Adjusted PB Ratio Related Terms


Papirfabrikken Invest Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Papirfabrikken Invest'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.

Papirfabrikken Invest Cyclically Adjusted PB Ratio Chart

Papirfabrikken Invest 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 0.78 0.84 0.89 1.31 1.03

Papirfabrikken Invest 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 0.89 0.00 1.31 0.00 1.03

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

For the Real Estate Services subindustry, Papirfabrikken Invest'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.


Papirfabrikken Invest Cyclically Adjusted PB Ratio vs Real Estate Industry

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

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


OCSE:PFINV
64GF Score
Papirfabrikken Invest OCSE:PFINV
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Papirfabrikken Invest 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.

Papirfabrikken Invest's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=30.00/30.31
=0.99

* 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.

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

For example, Papirfabrikken Invest'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)
=42.01/121.2000*121.2000
=42.010

Current CPI (Dec25) = 121.2000.

Papirfabrikken Invest Annual Data

Book Value per Share CPI Adj_Book
201612 16.370 100.300 19.781
201712 17.788 101.300 21.282
201812 19.102 102.100 22.675
201912 20.140 102.900 23.722
202012 22.417 103.400 26.276
202112 23.519 106.600 26.740
202212 31.892 115.900 33.350
202312 35.207 116.700 36.565
202412 49.752 118.900 50.714
202512 42.010 121.200 42.010

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 0.99 mean?
Papirfabrikken Invest (OCSE:PFINV) has a Cyclically Adjusted PB Ratio of 0.99 as of Aug. 01, 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 Papirfabrikken Invest and its competitors. This is 11% above median its historical median of 0.89. Over the past decade, Papirfabrikken Invest's Cyclically Adjusted PB Ratio has ranged from 0.52 to 1.82. According to the industry distribution chart, Papirfabrikken Invest ranks #894 out of 1416 companies in the Real Estate industry, placing it in the top 63.1%.
Is Papirfabrikken Invest's Cyclically Adjusted PB Ratio too high?
Papirfabrikken Invest's current Cyclically Adjusted PB Ratio of 0.99 is 11% above median its 10-year median of 0.89. Over the past 10 years, this metric has ranged from a low of 0.52 to a high of 1.82. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.69. Papirfabrikken Invest's value of 0.99 is 43.5% above this industry median. Based on the distribution chart, Papirfabrikken Invest ranks #894 out of 1416 companies in the Real Estate industry, which is below the industry midpoint. Overall, Papirfabrikken Invest has a GF Score™ of 64/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Papirfabrikken Invest's Cyclically Adjusted PB Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Papirfabrikken Invest ranks #894 out of 1416 companies for Cyclically Adjusted PB Ratio. This places Papirfabrikken Invest in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.69. Papirfabrikken Invest's value of 0.99 is 43.5% above this benchmark. Historically, Papirfabrikken Invest's own Cyclically Adjusted PB Ratio has ranged from 0.52 to 1.82 over the past decade. While the company's 10-year median is 0.89 vs. the industry median of 0.69, Papirfabrikken Invest has consistently been above 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 0.69, based on 1,416 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. Papirfabrikken Invest's current Cyclically Adjusted PB Ratio of 0.99 is 43.5% 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 Papirfabrikken Invest and its competitors. For the Real Estate industry, the median Cyclically Adjusted PB Ratio is 0.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Papirfabrikken Invest's current Cyclically Adjusted PB Ratio is 0.99, which is 11% above median its own 10-year median of 0.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Papirfabrikken Invest stock overvalued right now?
Based on GuruFocus' analysis, Papirfabrikken Invest (OCSE:PFINV) is currently considered Modestly Overvalued. The stock's GF Value™ is kr26.13, compared to a current price of kr30.00 — trading 14.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.99, which is 11% above median its 10-year median of 0.89 and 43.5% above the Real Estate industry median of 0.69. Papirfabrikken Invest's overall GF Score™ is 64/100 with 6 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 Papirfabrikken Invest (OCSE:PFINV), the current Cyclically Adjusted PB Ratio is 0.99 as of Aug. 01, 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 Papirfabrikken Invest (OCSE:PFINV) Overvalued in 2026?

Based on GuruFocus' analysis, Papirfabrikken Invest stock appears to be overvalued. The current stock price of kr30.00 is trading 14.8% above its estimated GF Value™ of kr26.13. GuruFocus considers Papirfabrikken Invest to be Modestly Overvalued.

Key valuation signals for OCSE:PFINV:

  • Cyclically Adjusted PB Ratio: 0.99 (11% above median its 10-year median of 0.89)
  • GF Value™: kr26.13 vs. price of kr30.00 (14.8% above fair value)
  • GF Score™: 64/100 with 6 warning signs
  • Industry Position: 43.5% above the Real Estate median (#894 of 1416)

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


Papirfabrikken Invest Business Description

Address Ansvej 104, Silkeborg, DNK, 8600
Papirfabrikken Invest is an investment group that holds equity interests in various capital companies. The group's investment portfolio includes activities such as property development and leasing, trading and financial operations, as well as other strategic business ventures. The Group's segments consist of: Properties and Hotel. Properties activities mainly related to the rental of the Papirfabrikken property complex in the form of leases, property income, and the purchase and sale of investment properties. Hotel activities related to the company Hotel Papirfabrikken in the form of hotel operations of the Radisson Hotel, F&B activities at Restaurant Michael D, and JYSK park.
64GF Score

Get the complete analysis for OCSE:PFINV

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

kr30.00
Price
kr26.13
GF Value