Acarix AB (OSTO:ACARIX) Cyclically Adjusted PB Ratio: 0.22 (As of Jul. 22, 2026) — 12% Below Median

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OSTO:ACARIX Acarix AB OSTO:ACARIX
44 GF Score
Price kr0.25
GF Value kr0.22
Valuation Modestly Overvalued
! 1 Warning Sign
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What is Acarix AB Cyclically Adjusted PB Ratio?

Acarix AB OSTO:ACARIX -2.39% 44 Cyclically Adjusted PB Ratio is 0.22 as of Jul. 22, 2026, which is 12% below its 10-year median of 0.25. GuruFocus rates OSTO:ACARIX with a GF Score™ of 44/100 and a GF Value™ of kr0.22 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 522 Medical Devices & Instruments companies, Acarix AB ranks better than 91.95% on this metric.

As of today (2026-07-22), Acarix AB's current share price is kr0.2455. Acarix AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was kr1.10. Acarix AB's Cyclically Adjusted PB Ratio for today is 0.22.

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

OSTO:ACARIX' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.21   Med: 0.25   Max: 0.36
Current: 0.23

During the past years, Acarix AB's highest Cyclically Adjusted PB Ratio was 0.36. The lowest was 0.21. And the median was 0.25.

OSTO:ACARIX's Cyclically Adjusted PB Ratio is ranked better than
91.95% of 522 companies
in the Medical Devices & Instruments industry
Industry Median: 1.745 vs OSTO:ACARIX: 0.23

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.

Acarix AB's adjusted book value per share data for the three months ended in Mar. 2026 was kr0.031. 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 kr1.10 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Acarix AB  (OSTO:ACARIX) 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.


Acarix AB Cyclically Adjusted PB Ratio Related Terms


Acarix AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Acarix 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.

Acarix AB Cyclically Adjusted PB Ratio Chart

Acarix 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 0.00 0.00 0.00 0.00 0.24

Acarix AB 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 0.00 0.30 0.26 0.24 0.24

OSTO:ACARIX vs ABT, SYK, MDT: Cyclically Adjusted PB Ratio Comparison

For the Medical Devices subindustry, Acarix 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.


Acarix AB Cyclically Adjusted PB Ratio vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Acarix AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


OSTO:ACARIX
44GF Score
Acarix AB OSTO:ACARIX
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Acarix 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.

Acarix AB's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.2455/1.10
=0.22

* 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.

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

For example, Acarix AB'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)
=0.031/133.5600*133.5600
=0.031

Current CPI (Mar. 2026) = 133.5600.

Acarix AB Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.000 101.019 0.000
201609 0.250 101.138 0.330
201612 3.062 102.022 4.009
201703 3.000 102.022 3.927
201706 2.894 102.752 3.762
201709 2.769 103.279 3.581
201712 2.538 103.793 3.266
201803 2.409 103.962 3.095
201806 2.230 104.875 2.840
201809 1.971 105.679 2.491
201812 1.730 105.912 2.182
201903 1.485 105.886 1.873
201906 1.251 106.742 1.565
201909 1.036 107.214 1.291
201912 0.995 107.766 1.233
202003 0.877 106.563 1.099
202006 0.720 107.498 0.895
202009 1.395 107.635 1.731
202012 0.445 108.296 0.549
202103 0.385 108.360 0.475
202106 0.312 108.928 0.383
202109 0.256 110.338 0.310
202112 0.330 112.486 0.392
202203 0.283 114.825 0.329
202206 0.227 118.384 0.256
202209 0.163 122.296 0.178
202212 0.170 126.365 0.180
202303 0.089 127.042 0.094
202306 0.094 129.407 0.097
202309 0.058 130.224 0.059
202312 0.070 131.912 0.071
202403 0.107 132.205 0.108
202406 0.086 132.716 0.087
202409 0.060 132.304 0.061
202412 0.071 132.987 0.071
202503 0.053 132.825 0.053
202506 0.042 133.699 0.042
202509 0.034 133.480 0.034
202512 0.033 133.390 0.033
202603 0.031 133.560 0.031

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 0.22 mean?
Acarix AB (OSTO:ACARIX) has a Cyclically Adjusted PB Ratio of 0.22 as of Jul. 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 Acarix AB and its competitors. This is 12% below median its historical median of 0.25. Over the past decade, Acarix AB's Cyclically Adjusted PB Ratio has ranged from 0.21 to 0.36. According to the industry distribution chart, Acarix AB ranks #42 out of 522 companies in the Medical Devices & Instruments industry, placing it in the top 8%.
Is Acarix AB's Cyclically Adjusted PB Ratio too high?
Acarix AB's current Cyclically Adjusted PB Ratio of 0.22 is 12% below median its 10-year median of 0.25. Over the past 10 years, this metric has ranged from a low of 0.21 to a high of 0.36. The Medical Devices & Instruments industry median Cyclically Adjusted PB Ratio is 1.75. Acarix AB's value of 0.22 is 87.4% below this industry median. Based on the distribution chart, Acarix AB ranks #42 out of 522 companies in the Medical Devices & Instruments industry, which is in the top quartile — a strong position relative to peers. Overall, Acarix AB has a GF Score™ of 44/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Acarix AB's Cyclically Adjusted PB Ratio compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Acarix AB ranks #42 out of 522 companies for Cyclically Adjusted PB Ratio. This places Acarix AB in the top 8% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.75. Acarix AB's value of 0.22 is 87.4% below this benchmark. Historically, Acarix AB's own Cyclically Adjusted PB Ratio has ranged from 0.21 to 0.36 over the past decade. While the company's 10-year median is 0.25 vs. the industry median of 1.75, Acarix AB 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 Medical Devices & Instruments company?
The median Cyclically Adjusted PB Ratio among Medical Devices & Instruments companies is 1.75, based on 522 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. Acarix AB's current Cyclically Adjusted PB Ratio of 0.22 is 87.4% 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 Acarix AB and its competitors. For the Medical Devices & Instruments industry, the median Cyclically Adjusted PB Ratio is 1.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Acarix AB's current Cyclically Adjusted PB Ratio is 0.22, which is 12% below median its own 10-year median of 0.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Acarix AB stock overvalued right now?
Based on GuruFocus' analysis, Acarix AB (OSTO:ACARIX) is currently considered Modestly Overvalued. The stock's GF Value™ is kr0.22, compared to a current price of kr0.25 — trading 11.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.22, which is 12% below median its 10-year median of 0.25 and 87.4% below the Medical Devices & Instruments industry median of 1.75. Acarix AB's overall GF Score™ is 44/100 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 Acarix AB (OSTO:ACARIX), the current Cyclically Adjusted PB Ratio is 0.22 as of Jul. 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 Acarix AB (OSTO:ACARIX) Overvalued in 2026?

Based on GuruFocus' analysis, Acarix AB stock appears to be overvalued. The current stock price of kr0.25 is trading 11.6% above its estimated GF Value™ of kr0.22. GuruFocus considers Acarix AB to be Modestly Overvalued.

Key valuation signals for OSTO:ACARIX:

  • Cyclically Adjusted PB Ratio: 0.22 (12% below median its 10-year median of 0.25)
  • GF Value™: kr0.22 vs. price of kr0.25 (11.6% above fair value)
  • GF Score™: 44/100 with 1 warning sign
  • Industry Position: 87.4% below the Medical Devices & Instruments median (#42 of 522)

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


Acarix AB Business Description

Other Exchanges ACIXF:USA
Address Hyllie Boulevard 34, Regus Malmo, Malmo, SWE, 215 32
Acarix AB is a Swedish medical technology company that develops solutions for rapid AI-based exclusion of coronary artery disease (CAD). Its CE-marked CADScor System, which has also received DeNovo approval from the FDA, is intended for patients experiencing chest pain with suspected coronary artery disease and is designed to help reduce millions of cases of unnecessary, invasive, and costly diagnostics. Acarix recommends the CADScor System as a first-line diagnostic tool that uses sensitive acoustics and computational processing to analyze coronary blood flow to rule out coronary artery disease (CAD), with a majority certainty at the point of care. Geographically, the company generates maximum revenue from the United States, and the rest from Germany, Sweden, Iraq, and other regions.
44GF Score

Get the complete analysis for OSTO:ACARIX

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

kr0.25
Price
kr0.22
GF Value