AGES Industri AB (OSTO:AGES B) Cyclically Adjusted PB Ratio: 0.69 (As of Aug. 21, 2026) — 21% Below Median

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OSTO:AGES B AGES Industri AB OSTO:AGES B
70 GF Score
Price kr45.80
GF Value kr50.86
Valuation Modestly Undervalued
! 3 Warning Signs
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What is AGES Industri AB Cyclically Adjusted PB Ratio?

AGES Industri AB OSTO:AGES B 70 Cyclically Adjusted PB Ratio is 0.69 as of Aug. 21, 2026, which is 21% below its 10-year median of 0.87. GuruFocus rates OSTO:AGES B with a GF Score™ of 70/100 and a GF Value™ of kr50.86 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 2,159 Industrial Products companies, AGES Industri AB ranks better than 83.09% on this metric.

As of today (2026-08-21), AGES Industri AB's current share price is kr45.80. AGES Industri AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was kr66.72. AGES Industri AB's Cyclically Adjusted PB Ratio for today is 0.69.

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

OSTO:AGES B' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.53   Med: 0.87   Max: 1.53
Current: 0.7

During the past years, AGES Industri AB's highest Cyclically Adjusted PB Ratio was 1.53. The lowest was 0.53. And the median was 0.87.

OSTO:AGES B's Cyclically Adjusted PB Ratio is ranked better than
83.09% of 2159 companies
in the Industrial Products industry
Industry Median: 2.14 vs OSTO:AGES B: 0.70

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.

AGES Industri AB's adjusted book value per share data for the three months ended in Mar. 2026 was kr43.959. 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 kr66.72 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


AGES Industri AB  (OSTO:AGES B) 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.


AGES Industri AB Cyclically Adjusted PB Ratio Related Terms


AGES Industri AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for AGES Industri 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.

AGES Industri AB Cyclically Adjusted PB Ratio Chart

AGES Industri 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 0.53 1.03 0.94 0.80

AGES Industri 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 0.89 0.84 0.83 0.80 0.72

OSTO:AGES B vs CRS, ATI, MLI: Cyclically Adjusted PB Ratio Comparison

For the Metal Fabrication subindustry, AGES Industri 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.


AGES Industri AB Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, AGES Industri AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


OSTO:AGES B
70GF Score
AGES Industri AB OSTO:AGES B
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AGES Industri 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=45.80/66.72
=0.69

* 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.

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

For example, AGES Industri 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)
=43.959/133.5600*133.5600
=43.959

Current CPI (Mar. 2026) = 133.5600.

AGES Industri AB Quarterly Data

Book Value per Share CPI Adj_Book
201606 58.182 101.019 76.924
201609 59.508 101.138 78.585
201612 61.330 102.022 80.289
201703 63.632 102.022 83.303
201706 63.451 102.752 82.475
201709 62.456 103.279 80.768
201712 63.442 103.793 81.637
201803 66.297 103.962 85.172
201806 66.155 104.875 84.250
201809 66.012 105.679 83.428
201812 67.276 105.912 84.838
201903 69.284 105.886 87.392
201906 68.431 106.742 85.624
201909 69.284 107.214 86.310
201912 47.664 107.766 59.073
202003 49.082 106.563 61.517
202006 47.944 107.498 59.568
202009 48.229 107.635 59.845
202012 47.606 108.296 58.712
202103 49.509 108.360 61.023
202106 50.790 108.928 62.275
202109 51.928 110.338 62.857
202112 51.955 112.486 61.689
202203 53.066 114.825 61.724
202206 56.053 118.384 63.239
202209 55.342 122.296 60.439
202212 57.076 126.365 60.326
202303 59.326 127.042 62.370
202306 60.891 129.407 62.845
202309 63.736 130.224 65.369
202312 65.083 131.912 65.896
202403 67.425 132.205 68.116
202406 65.939 132.716 66.358
202409 66.906 132.304 67.541
202412 42.502 132.987 42.685
202503 42.577 132.825 42.813
202506 42.577 133.699 42.533
202509 42.300 133.480 42.325
202512 42.724 133.390 42.778
202603 43.959 133.560 43.959

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 0.69 mean?
AGES Industri AB (OSTO:AGES B) has a Cyclically Adjusted PB Ratio of 0.69 as of Aug. 21, 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 AGES Industri AB and its competitors. This is 21% below median its historical median of 0.87. Over the past decade, AGES Industri AB's Cyclically Adjusted PB Ratio has ranged from 0.53 to 1.53. According to the industry distribution chart, AGES Industri AB ranks #365 out of 2159 companies in the Industrial Products industry, placing it in the top 16.9%.
Is AGES Industri AB's Cyclically Adjusted PB Ratio too high?
AGES Industri AB's current Cyclically Adjusted PB Ratio of 0.69 is 21% below median its 10-year median of 0.87. Over the past 10 years, this metric has ranged from a low of 0.53 to a high of 1.53. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.14. AGES Industri AB's value of 0.69 is 67.8% below this industry median. Based on the distribution chart, AGES Industri AB ranks #365 out of 2159 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, AGES Industri AB has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does AGES Industri AB's Cyclically Adjusted PB Ratio compare to CRS and ATI?
According to the Industrial Products industry distribution chart, AGES Industri AB ranks #365 out of 2159 companies for Cyclically Adjusted PB Ratio. This places AGES Industri AB in the top 17% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 2.14. AGES Industri AB's value of 0.69 is 67.8% below this benchmark. Historically, AGES Industri AB's own Cyclically Adjusted PB Ratio has ranged from 0.53 to 1.53 over the past decade. While the company's 10-year median is 0.87 vs. the industry median of 2.14, AGES Industri 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 an Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.14, based on 2,159 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. AGES Industri AB's current Cyclically Adjusted PB Ratio of 0.69 is 67.8% 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 AGES Industri AB and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AGES Industri AB's current Cyclically Adjusted PB Ratio is 0.69, which is 21% below median its own 10-year median of 0.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AGES Industri AB stock overvalued right now?
Based on GuruFocus' analysis, AGES Industri AB (OSTO:AGES B) is currently considered Modestly Undervalued. The stock's GF Value™ is kr50.86, compared to a current price of kr45.80 — trading 9.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.69, which is 21% below median its 10-year median of 0.87 and 67.8% below the Industrial Products industry median of 2.14. AGES Industri AB's overall GF Score™ is 70/100 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 AGES Industri AB (OSTO:AGES B), the current Cyclically Adjusted PB Ratio is 0.69 as of Aug. 21, 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 AGES Industri AB (OSTO:AGES B) Overvalued in 2026?

Based on GuruFocus' analysis, AGES Industri AB stock appears to be undervalued. The current stock price of kr45.80 is trading 9.9% below its estimated GF Value™ of kr50.86. GuruFocus considers AGES Industri AB to be Modestly Undervalued.

Key valuation signals for OSTO:AGES B:

  • Cyclically Adjusted PB Ratio: 0.69 (21% below median its 10-year median of 0.87)
  • GF Value™: kr50.86 vs. price of kr45.80 (9.9% below fair value)
  • GF Score™: 70/100 with 3 warning signs
  • Industry Position: 67.8% below the Industrial Products median (#365 of 2159)

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


AGES Industri AB Business Description

Address Kristian IV\'s, Vag 3, Plan 13, Halmstad, SWE, 302 50
AGES Industri AB is involved in die casting in aluminum, metal cutting processes, and product assembly in Sweden. The services offered by the company include Casting, Machining, Assembly and Welding.
70GF Score

Get the complete analysis for OSTO:AGES B

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

kr45.80
Price
kr50.86
GF Value