Axactor ASA (OSL:ACR) Cyclically Adjusted PB Ratio: 0.30 (As of Jul. 17, 2026) — 50% Above Median

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OSL:ACR Axactor ASA OSL:ACR
51 GF Score
Price kr4.80
GF Value kr5.21
Valuation Fairly Valued
! 3 Warning Signs
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What is Axactor ASA Cyclically Adjusted PB Ratio?

Axactor ASA OSL:ACR -0.83% 51 Cyclically Adjusted PB Ratio is 0.30 as of Jul. 17, 2026, which is 50% above its 10-year median of 0.20. GuruFocus rates OSL:ACR with a GF Score™ of 51/100 and a GF Value™ of kr5.21 (Fairly Valued). The stock has 3 warning signs investors should review. Among 417 Credit Services companies, Axactor ASA ranks better than 85.61% on this metric.

As of today (2026-07-17), Axactor ASA's current share price is kr4.80. Axactor ASA's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was kr16.23. Axactor ASA's Cyclically Adjusted PB Ratio for today is 0.30.

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

OSL:ACR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.03   Med: 0.2   Max: 0.56
Current: 0.3

During the past years, Axactor ASA's highest Cyclically Adjusted PB Ratio was 0.56. The lowest was 0.03. And the median was 0.20.

OSL:ACR's Cyclically Adjusted PB Ratio is ranked better than
85.61% of 417 companies
in the Credit Services industry
Industry Median: 0.95 vs OSL:ACR: 0.30

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.

Axactor ASA's adjusted book value per share data for the three months ended in Mar. 2026 was kr12.816. 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 kr16.23 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Axactor ASA  (OSL:ACR) 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.


Axactor ASA Cyclically Adjusted PB Ratio Related Terms


Axactor ASA Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Axactor ASA'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.

Axactor ASA Cyclically Adjusted PB Ratio Chart

Axactor ASA 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 0.19 0.25 0.27 0.22 0.45

Axactor ASA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.27 0.44 0.44 0.45 0.37

OSL:ACR vs V, MA, AXP: Cyclically Adjusted PB Ratio Comparison

For the Credit Services subindustry, Axactor ASA'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.


Axactor ASA Cyclically Adjusted PB Ratio vs Credit Services Industry

For the Credit Services industry and Financial Services sector, Axactor ASA's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


OSL:ACR
51GF Score
Axactor ASA OSL:ACR
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Axactor ASA 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.

Axactor ASA's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.80/16.23
=0.30

* 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.

Axactor ASA's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Axactor ASA's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=12.816/141.0300*141.0300
=12.816

Current CPI (Mar. 2026) = 141.0300.

Axactor ASA Quarterly Data

Book Value per Share CPI Adj_Book
201606 9.535 103.800 12.955
201609 9.310 104.200 12.601
201612 12.012 104.400 16.227
201703 11.999 105.000 16.116
201706 12.776 105.800 17.030
201709 14.284 105.900 19.022
201712 15.057 106.100 20.014
201803 14.415 107.300 18.946
201806 14.171 108.500 18.420
201809 14.498 109.500 18.673
201812 14.936 109.800 19.184
201903 14.991 110.400 19.150
201906 15.269 110.600 19.470
201909 15.487 111.100 19.659
201912 13.539 111.300 17.155
202003 16.547 111.200 20.986
202006 14.950 112.100 18.808
202009 15.052 112.900 18.802
202012 15.825 112.900 19.768
202103 12.715 114.600 15.647
202106 12.850 115.300 15.718
202109 12.777 117.500 15.336
202112 11.731 118.900 13.914
202203 11.708 119.800 13.783
202206 12.425 122.600 14.293
202209 12.655 125.600 14.210
202212 13.236 125.900 14.827
202303 14.058 127.600 15.538
202306 14.651 130.400 15.845
202309 14.752 129.800 16.028
202312 15.149 131.900 16.198
202403 14.895 132.600 15.842
202406 15.020 133.800 15.832
202409 15.308 133.700 16.147
202412 12.174 134.800 12.737
202503 12.189 136.100 12.631
202506 12.239 137.800 12.526
202509 12.720 138.500 12.952
202512 13.230 139.100 13.414
202603 12.816 141.030 12.816

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 0.30 mean?
Axactor ASA (OSL:ACR) has a Cyclically Adjusted PB Ratio of 0.30 as of Jul. 17, 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 Axactor ASA and its competitors. This is 50% above median its historical median of 0.20. Over the past decade, Axactor ASA's Cyclically Adjusted PB Ratio has ranged from 0.03 to 0.56. According to the industry distribution chart, Axactor ASA ranks #60 out of 417 companies in the Credit Services industry, placing it in the top 14.4%.
Is Axactor ASA's Cyclically Adjusted PB Ratio too high?
Axactor ASA's current Cyclically Adjusted PB Ratio of 0.30 is 50% above median its 10-year median of 0.20. Over the past 10 years, this metric has ranged from a low of 0.03 to a high of 0.56. The Credit Services industry median Cyclically Adjusted PB Ratio is 0.95. Axactor ASA's value of 0.30 is 68.4% below this industry median. Based on the distribution chart, Axactor ASA ranks #60 out of 417 companies in the Credit Services industry, which is in the top quartile — a strong position relative to peers. Overall, Axactor ASA has a GF Score™ of 51/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Axactor ASA's Cyclically Adjusted PB Ratio compare to V and MA?
According to the Credit Services industry distribution chart, Axactor ASA ranks #60 out of 417 companies for Cyclically Adjusted PB Ratio. This places Axactor ASA in the top 14% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 0.95. Axactor ASA's value of 0.30 is 68.4% below this benchmark. Historically, Axactor ASA's own Cyclically Adjusted PB Ratio has ranged from 0.03 to 0.56 over the past decade. While the company's 10-year median is 0.20 vs. the industry median of 0.95, Axactor ASA 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 Credit Services company?
The median Cyclically Adjusted PB Ratio among Credit Services companies is 0.95, based on 417 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. Axactor ASA's current Cyclically Adjusted PB Ratio of 0.30 is 68.4% 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 Axactor ASA and its competitors. For the Credit Services industry, the median Cyclically Adjusted PB Ratio is 0.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Axactor ASA's current Cyclically Adjusted PB Ratio is 0.30, which is 50% above median its own 10-year median of 0.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Axactor ASA stock overvalued right now?
Based on GuruFocus' analysis, Axactor ASA (OSL:ACR) is currently considered Fairly Valued. The stock's GF Value™ is kr5.21, compared to a current price of kr4.80 — trading 7.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.30, which is 50% above median its 10-year median of 0.20 and 68.4% below the Credit Services industry median of 0.95. Axactor ASA's overall GF Score™ is 51/100 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 Axactor ASA (OSL:ACR), the current Cyclically Adjusted PB Ratio is 0.30 as of Jul. 17, 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 Axactor ASA (OSL:ACR) Overvalued in 2026?

Based on GuruFocus' analysis, Axactor ASA stock appears to be undervalued. The current stock price of kr4.80 is trading 7.9% below its estimated GF Value™ of kr5.21. GuruFocus considers Axactor ASA to be Fairly Valued.

Key valuation signals for OSL:ACR:

  • Cyclically Adjusted PB Ratio: 0.30 (50% above median its 10-year median of 0.20)
  • GF Value™: kr5.21 vs. price of kr4.80 (7.9% below fair value)
  • GF Score™: 51/100 with 3 warning signs
  • Industry Position: 68.4% below the Credit Services median (#60 of 417)

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


Axactor ASA Business Description

Address Karenslyst alle 8A, Oslo, NOR, NO-0278
Axactor ASA is a European-based company, investing in non-performing loan portfolios and offering services within debt collection. The company operates in two segments: Non-performing loans (NPL) and Third-party collection (3PC). The NPL segment invests in portfolios of non-performing loans, which are presented as 'Purchased loan portfolios' in the consolidated statement of financial position. The 3PC segment focuses on performing debt collection services on behalf of third-party clients. The group operates in Finland, Germany, Italy, Norway, Spain, and Sweden. The majority of its revenue comes from interest earned on purchased loan portfolios.
51GF Score

Get the complete analysis for OSL:ACR

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

kr4.80
Price
kr5.21
GF Value