Absolent Air Care Group AB (OSTO:ABSO) Cyclically Adjusted PB Ratio: 3.80 (As of Sep. 22, 2026) — 53% Below Median

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Director of Data and Quant Analytics at GuruFocus
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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.

OSTO:ABSO Absolent Air Care Group AB OSTO:ABSO
96 GF Score
Price kr213.00
GF Value kr249.50
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Absolent Air Care Group AB Cyclically Adjusted PB Ratio?

Absolent Air Care Group AB OSTO:ABSO 96 Cyclically Adjusted PB Ratio is 3.80 as of Sep. 22, 2026, which is 53% below its 10-year median of 8.01. GuruFocus rates OSTO:ABSO with a GF Score™ of 96/100 and a GF Value™ of kr249.50 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 2,100 Industrial Products companies, Absolent Air Care Group AB ranks worse than 73.33% on this metric.

As of today (2026-09-22), Absolent Air Care Group AB's current share price is kr213.00. Absolent Air Care Group AB's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was kr56.03. Absolent Air Care Group AB's Cyclically Adjusted PB Ratio for today is 3.80.

The historical rank and industry rank for Absolent Air Care Group AB's Cyclically Adjusted PB Ratio or its related term are showing as below:

OSTO:ABSO' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.41   Med: 8.01   Max: 15.99
Current: 3.93

During the past years, Absolent Air Care Group AB's highest Cyclically Adjusted PB Ratio was 15.99. The lowest was 3.41. And the median was 8.01.

OSTO:ABSO's Cyclically Adjusted PB Ratio is ranked worse than
73.33% of 2100 companies
in the Industrial Products industry
Industry Median: 2.08 vs OSTO:ABSO: 3.93

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.

Absolent Air Care Group AB's adjusted book value per share data for the three months ended in Jun. 2026 was kr84.599. 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 kr56.03 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Absolent Air Care Group AB  (OSTO:ABSO) 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.


Absolent Air Care Group AB Cyclically Adjusted PB Ratio Related Terms


Absolent Air Care Group AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Absolent Air Care Group AB'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.

Absolent Air Care Group AB Cyclically Adjusted PB Ratio Chart

Absolent Air Care Group AB 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 3.61 4.13 9.83 5.39 4.02

Absolent Air Care Group AB Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.36 5.35 4.19 3.38 3.37

OSTO:ABSO vs VLTO, ZWS, CECO: Cyclically Adjusted PB Ratio Comparison

For the Pollution & Treatment Controls subindustry, Absolent Air Care Group AB'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.


Absolent Air Care Group AB Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Absolent Air Care Group AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Absolent Air Care Group AB's Cyclically Adjusted PB Ratio falls into.


OSTO:ABSO
96GF Score
Absolent Air Care Group AB OSTO:ABSO
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Absolent Air Care Group AB 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.

Absolent Air Care Group AB's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=213.00/56.025
=3.80

* 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.

Absolent Air Care Group AB's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Absolent Air Care Group AB's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=84.599/134.6100*134.6100
=84.599

Current CPI (Jun. 2026) = 134.6100.

Absolent Air Care Group AB Quarterly Data

Book Value per Share CPI Adj_Book
201609 17.023 101.138 22.657
201612 18.868 102.022 24.895
201703 20.243 102.022 26.709
201706 20.351 102.752 26.661
201709 21.298 103.279 27.759
201712 23.459 103.793 30.424
201803 26.474 103.962 34.279
201806 28.088 104.875 36.052
201809 29.822 105.679 37.986
201812 31.685 105.912 40.271
201903 36.272 105.886 46.112
201906 36.435 106.742 45.948
201909 37.605 107.214 47.214
201912 37.724 107.766 47.121
202003 39.233 106.563 49.559
202006 30.799 107.498 38.567
202009 29.944 107.635 37.448
202012 36.943 108.296 45.920
202103 40.958 108.360 50.880
202106 41.215 108.928 50.932
202109 44.050 110.338 53.740
202112 46.820 112.486 56.029
202203 51.024 114.825 59.816
202206 54.516 118.384 61.988
202209 58.467 122.296 64.354
202212 61.328 126.365 65.329
202303 65.592 127.042 69.500
202306 70.203 129.407 73.026
202309 71.945 130.224 74.368
202312 71.197 131.912 72.653
202403 78.083 132.205 79.503
202406 78.025 132.716 79.139
202409 79.766 132.304 81.156
202412 83.355 132.987 84.372
202503 81.204 132.825 82.296
202506 80.719 133.699 81.269
202509 81.407 133.480 82.096
202512 82.154 133.380 82.912
202603 84.780 133.550 85.453
202606 84.599 134.610 84.599

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 3.80 mean?
Absolent Air Care Group AB (OSTO:ABSO) has a Cyclically Adjusted PB Ratio of 3.80 as of Sep. 22, 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 Absolent Air Care Group AB and its competitors. This is 53% below median its historical median of 8.01. Over the past decade, Absolent Air Care Group AB's Cyclically Adjusted PB Ratio has ranged from 3.41 to 15.99. According to the industry distribution chart, Absolent Air Care Group AB ranks #1540 out of 2100 companies in the Industrial Products industry, placing it in the top 73.3%.
Is Absolent Air Care Group AB's Cyclically Adjusted PB Ratio too high?
Absolent Air Care Group AB's current Cyclically Adjusted PB Ratio of 3.80 is 53% below median its 10-year median of 8.01. Over the past 10 years, this metric has ranged from a low of 3.41 to a high of 15.99. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.08. Absolent Air Care Group AB's value of 3.80 is 82.7% above this industry median. Based on the distribution chart, Absolent Air Care Group AB ranks #1540 out of 2100 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Absolent Air Care Group AB has a GF Score™ of 96/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Absolent Air Care Group AB's Cyclically Adjusted PB Ratio compare to VLTO and ZWS?
According to the Industrial Products industry distribution chart, Absolent Air Care Group AB ranks #1540 out of 2100 companies for Cyclically Adjusted PB Ratio. This places Absolent Air Care Group AB in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.08. Absolent Air Care Group AB's value of 3.80 is 82.7% above this benchmark. Historically, Absolent Air Care Group AB's own Cyclically Adjusted PB Ratio has ranged from 3.41 to 15.99 over the past decade. While the company's 10-year median is 8.01 vs. the industry median of 2.08, Absolent Air Care Group AB 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 an Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.08, based on 2,100 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. Absolent Air Care Group AB's current Cyclically Adjusted PB Ratio of 3.80 is 82.7% 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 Absolent Air Care Group AB and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Absolent Air Care Group AB's current Cyclically Adjusted PB Ratio is 3.80, which is 53% below median its own 10-year median of 8.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Absolent Air Care Group AB stock overvalued right now?
Based on GuruFocus' analysis, Absolent Air Care Group AB (OSTO:ABSO) is currently considered Modestly Undervalued. The stock's GF Value™ is kr249.50, compared to a current price of kr213.00 — trading 14.6% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.80, which is 53% below median its 10-year median of 8.01 and 82.7% above the Industrial Products industry median of 2.08. Absolent Air Care Group AB's overall GF Score™ is 96/100 with 1 warning sign 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 Absolent Air Care Group AB (OSTO:ABSO), the current Cyclically Adjusted PB Ratio is 3.80 as of Sep. 22, 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 Absolent Air Care Group AB (OSTO:ABSO) Overvalued in 2026?

Based on GuruFocus' analysis, Absolent Air Care Group AB stock appears to be undervalued. The current stock price of kr213.00 is trading 14.6% below its estimated GF Value™ of kr249.50. GuruFocus considers Absolent Air Care Group AB to be Modestly Undervalued.

Key valuation signals for OSTO:ABSO:

  • Cyclically Adjusted PB Ratio: 3.80 (53% below median its 10-year median of 8.01)
  • GF Value™: kr249.50 vs. price of kr213.00 (14.6% below fair value)
  • GF Score™: 96/100 with 1 warning sign
  • Industry Position: 82.7% above the Industrial Products median (#1540 of 2100)

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


Absolent Air Care Group AB Business Description

Address Karl Gustavsgatan 1A, Gothenburg, SWE, SE-411 25
Absolent Air Care Group AB is a Swedish industrial company that develops, manufactures, sells, installs, and maintains filtration and ventilation systems for capturing airborne contaminants. It operates through two segments: Industrial, which supplies filtration units for process air such as oil mist, dust, and fumes generated in metalworking, machining, welding, and similar operations, serving industries including aerospace, automotive, defense, pharmaceutical, chemical, electronics, woodworking, and food processing; and Commercial Kitchen, which provides kitchen ventilation systems, including hoods, filtration technologies, and fire suppression, for restaurants and other foodservice operations. Revenue is generated primarily through the sale of equipment, supplemented by installation, service, maintenance, and spare parts. The Industrial segment accounts for the majority of revenue. The company sells internationally, with operations and subsidiaries across Europe, North America, and Asia, serving industrial manufacturers and commercial kitchen operators worldwide.
96GF Score

Get the complete analysis for OSTO:ABSO

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

kr213.00
Price
kr249.50
GF Value