Arjo AB (OSTO:ARJO B) Cyclically Adjusted PB Ratio: 0.99 (As of Aug. 22, 2026) — Near Median

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OSTO:ARJO B Arjo AB OSTO:ARJO B
80 GF Score
Price kr28.46
GF Value kr34.15
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Arjo AB Cyclically Adjusted PB Ratio?

Arjo AB OSTO:ARJO B -0.84% 80 Cyclically Adjusted PB Ratio is 0.99 as of Aug. 22, 2026, which is 6% above its 10-year median of 0.93. GuruFocus rates OSTO:ARJO B with a GF Score™ of 80/100 and a GF Value™ of kr34.15 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 89 Medical Distribution companies, Arjo AB ranks better than 62.92% on this metric.

As of today (2026-08-22), Arjo AB's current share price is kr28.46. Arjo AB's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was kr28.75. Arjo AB's Cyclically Adjusted PB Ratio for today is 0.99.

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

OSTO:ARJO B' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.82   Med: 0.93   Max: 1.08
Current: 0.96

During the past years, Arjo AB's highest Cyclically Adjusted PB Ratio was 1.08. The lowest was 0.82. And the median was 0.93.

OSTO:ARJO B's Cyclically Adjusted PB Ratio is ranked better than
62.92% of 89 companies
in the Medical Distribution industry
Industry Median: 1.15 vs OSTO:ARJO B: 0.96

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.

Arjo AB's adjusted book value per share data for the three months ended in Jun. 2026 was kr28.483. 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 kr28.75 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Arjo AB  (OSTO:ARJO 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.


Arjo AB Cyclically Adjusted PB Ratio Related Terms


Arjo AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Arjo 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.

Arjo AB Cyclically Adjusted PB Ratio Chart

Arjo 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 1.07

Arjo 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 0.00 1.08 1.07 0.86 0.86

OSTO:ARJO B vs MCK, COR, CAH: Cyclically Adjusted PB Ratio Comparison

For the Medical Distribution subindustry, Arjo 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.


Arjo AB Cyclically Adjusted PB Ratio vs Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Arjo AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


OSTO:ARJO B
80GF Score
Arjo AB OSTO:ARJO B
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Arjo 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=28.46/28.75
=0.99

* 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.

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

For example, Arjo 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)
=28.483/134.6100*134.6100
=28.483

Current CPI (Jun. 2026) = 134.6100.

Arjo AB Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.000 101.138 0.000
201612 41.936 102.022 55.332
201703 0.000 102.022 0.000
201706 0.000 102.752 0.000
201709 15.762 103.279 20.544
201712 18.629 103.793 24.160
201803 19.576 103.962 25.347
201806 19.745 104.875 25.343
201809 19.811 105.679 25.235
201812 19.925 105.912 25.324
201903 21.309 105.886 27.090
201906 21.012 106.742 26.498
201909 21.955 107.214 27.565
201912 21.713 107.766 27.122
202003 23.802 106.563 30.067
202006 20.902 107.498 26.174
202009 21.217 107.635 26.534
202012 20.670 108.296 25.693
202103 23.064 108.360 28.651
202106 22.591 108.928 27.917
202109 23.655 110.338 28.859
202112 24.650 112.486 29.498
202203 26.258 114.825 30.782
202206 27.110 118.384 30.826
202209 28.369 122.296 31.225
202212 27.286 126.365 29.066
202303 28.281 127.042 29.966
202306 29.005 129.407 30.171
202309 29.155 130.224 30.137
202312 27.837 131.912 28.406
202403 29.721 132.205 30.262
202406 29.196 132.716 29.613
202409 28.872 132.304 29.375
202412 30.613 132.987 30.987
202503 28.777 132.825 29.164
202506 27.668 133.699 27.857
202509 27.606 133.480 27.840
202512 27.378 133.390 27.628
202603 28.689 133.560 28.915
202606 28.483 134.610 28.483

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 0.99 mean?
Arjo AB (OSTO:ARJO B) has a Cyclically Adjusted PB Ratio of 0.99 as of Aug. 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 Arjo AB and its competitors. This is near median its historical median of 0.93. Over the past decade, Arjo AB's Cyclically Adjusted PB Ratio has ranged from 0.82 to 1.08. According to the industry distribution chart, Arjo AB ranks #33 out of 89 companies in the Medical Distribution industry, placing it in the top 37.1%.
Is Arjo AB's Cyclically Adjusted PB Ratio too high?
Arjo AB's current Cyclically Adjusted PB Ratio of 0.99 is near median its 10-year median of 0.93. Over the past 10 years, this metric has ranged from a low of 0.82 to a high of 1.08. The Medical Distribution industry median Cyclically Adjusted PB Ratio is 1.15. Arjo AB's value of 0.99 is 13.9% below this industry median. Based on the distribution chart, Arjo AB ranks #33 out of 89 companies in the Medical Distribution industry, which is above the industry midpoint. Overall, Arjo AB has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Arjo AB's Cyclically Adjusted PB Ratio compare to MCK and COR?
According to the Medical Distribution industry distribution chart, Arjo AB ranks #33 out of 89 companies for Cyclically Adjusted PB Ratio. This puts Arjo AB in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.15. Arjo AB's value of 0.99 is 13.9% below this benchmark. Historically, Arjo AB's own Cyclically Adjusted PB Ratio has ranged from 0.82 to 1.08 over the past decade. While the company's 10-year median is 0.93 vs. the industry median of 1.15, Arjo 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 Distribution company?
The median Cyclically Adjusted PB Ratio among Medical Distribution companies is 1.15, based on 89 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. Arjo AB's current Cyclically Adjusted PB Ratio of 0.99 is 13.9% 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 Arjo AB and its competitors. For the Medical Distribution industry, the median Cyclically Adjusted PB Ratio is 1.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Arjo AB's current Cyclically Adjusted PB Ratio is 0.99, which is near median its own 10-year median of 0.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arjo AB stock overvalued right now?
Based on GuruFocus' analysis, Arjo AB (OSTO:ARJO B) is currently considered Modestly Undervalued. The stock's GF Value™ is kr34.15, compared to a current price of kr28.46 — trading 16.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.99, which is near median its 10-year median of 0.93 and 13.9% below the Medical Distribution industry median of 1.15. Arjo AB's overall GF Score™ is 80/100 with 5 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 Arjo AB (OSTO:ARJO B), the current Cyclically Adjusted PB Ratio is 0.99 as of Aug. 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 Arjo AB (OSTO:ARJO B) Overvalued in 2026?

Based on GuruFocus' analysis, Arjo AB stock appears to be undervalued. The current stock price of kr28.46 is trading 16.7% below its estimated GF Value™ of kr34.15. GuruFocus considers Arjo AB to be Modestly Undervalued.

Key valuation signals for OSTO:ARJO B:

  • Cyclically Adjusted PB Ratio: 0.99 (near median its 10-year median of 0.93)
  • GF Value™: kr34.15 vs. price of kr28.46 (16.7% below fair value)
  • GF Score™: 80/100 with 5 warning signs
  • Industry Position: 13.9% below the Medical Distribution median (#33 of 89)

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


Arjo AB Business Description

Other Exchanges ARRJF:USA0HQ8:UKA39:Germany
Address Hans Michelsensgatan 10, Box 48, Malmo, SWE, SE-201 20
Arjo AB is a supplier of medical devices, services, and solutions in Sweden. It serves its services to private and public institutions with acute care and long-term care. The company's offering includes products and solutions for patient handling, hygiene, disinfection, medical beds, therapeutic surfaces, venous thromboembolism (VTE) prevention and diagnostics. The company includes segments: Global Sales, North America, Diagnostics.
80GF Score

Get the complete analysis for OSTO:ARJO B

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

kr28.46
Price
kr34.15
GF Value