Alfa Laval AB (OSTO:ALFA) Cyclically Adjusted PB Ratio: (As of Sep. 21, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
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:ALFA Alfa Laval AB OSTO:ALFA
92 GF Score
Price kr545.80
GF Value kr488.81
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Alfa Laval AB Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Alfa Laval AB  (OSTO:ALFA) 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.


Alfa Laval AB Cyclically Adjusted PB Ratio Related Terms


Alfa Laval AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Alfa Laval 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.

Alfa Laval AB Cyclically Adjusted PB Ratio Chart

Alfa Laval 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 6.49 4.47 5.42 5.80 5.50

Alfa Laval 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 4.95 5.26 5.64 6.04 6.71

OSTO:ALFA vs GEV, ETN, PH: Cyclically Adjusted PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, Alfa Laval 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.


Alfa Laval AB Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

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


OSTO:ALFA
92GF Score
Alfa Laval AB OSTO:ALFA
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Alfa Laval 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.

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

For example, Alfa Laval 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)
=111.004/134.6100*134.6100
=111.004

Current CPI (Jun. 2026) = 134.6100.

Alfa Laval AB Quarterly Data

Book Value per Share CPI Adj_Book
201609 47.948 101.138 63.817
201612 48.339 102.022 63.780
201703 49.783 102.022 65.685
201706 45.127 102.752 59.118
201709 46.696 103.279 60.862
201712 48.873 103.793 63.384
201803 53.498 103.962 69.269
201806 53.109 104.875 68.167
201809 54.335 105.679 69.210
201812 56.261 105.912 71.506
201903 61.549 105.886 78.245
201906 60.173 106.742 75.883
201909 63.806 107.214 80.110
201912 66.150 107.766 82.628
202003 64.622 106.563 81.630
202006 66.913 107.498 83.789
202009 68.784 107.635 86.022
202012 69.306 108.296 86.146
202103 74.377 108.360 92.395
202106 70.157 108.928 86.698
202109 72.209 110.338 88.093
202112 77.863 112.486 93.177
202203 81.871 114.825 95.978
202206 78.055 118.384 88.754
202209 82.588 122.296 90.904
202212 86.382 126.365 92.018
202303 86.288 127.042 91.428
202306 85.378 129.407 88.811
202309 90.098 130.224 93.133
202312 90.432 131.912 92.282
202403 96.507 132.205 98.262
202406 93.928 132.716 95.268
202409 96.164 132.304 97.840
202412 102.294 132.987 103.542
202503 103.429 132.825 104.819
202506 98.404 133.699 99.075
202509 103.146 133.480 104.019
202512 105.856 133.380 106.832
202603 114.278 133.550 115.185
202606 111.004 134.610 111.004

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.

Is Alfa Laval AB (OSTO:ALFA) Overvalued in 2026?

Based on GuruFocus' analysis, Alfa Laval AB stock appears to be overvalued. The current stock price of kr545.80 is trading 11.7% above its estimated GF Value™ of kr488.81. GuruFocus considers Alfa Laval AB to be Modestly Overvalued.

Key valuation signals for OSTO:ALFA:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: kr488.81 vs. price of kr545.80 (11.7% above fair value)
  • GF Score™: 92/100 with 6 warning signs

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


Alfa Laval AB Business Description

Address Rudeboksvagen 1, P.O. Box 73, Lund, SWE, SE-221 00
Alfa Laval is a leading manufacturer of highly engineered equipment, primarily in the areas of separation, heat transfer, and fluid handling, used by a diverse range of customers spanning the food, water, energy, and marine industries. These products play a key role in a number of industrial processes, and Alfa Laval enjoys a leading position in all three areas. Alfa Laval's history stretches back 140 years to when its first separator was developed. The company is listed on the Stockholm stock exchange.
92GF Score

Get the complete analysis for OSTO:ALFA

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

kr545.80
Price
kr488.81
GF Value