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aXichem ABOSTO:AXIC A -2.38%63 Cyclically Adjusted PB Ratio is 0.93 as of Aug. 15, 2026, which is 56% below its 10-year median of 2.09. GuruFocus rates OSTO:AXIC A with a GF Score™ of 63/100 and a GF Value™ of kr3.60 (Modestly Undervalued). Among 1,210 Chemicals companies, aXichem AB ranks better than 71.24% on this metric.
The historical rank and industry rank for aXichem AB's Cyclically Adjusted PB Ratio or its related term are showing as below:
OSTO:AXIC A'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.34 Med: 2.09 Max: 21.56
Current: 0.96
During the past years, aXichem AB's highest Cyclically Adjusted PB Ratio was 21.56. The lowest was 0.34. And the median was 2.09.
OSTO:AXIC A's Cyclically Adjusted PB Ratio is ranked better than 71.24% of 1210
companies
in the Chemicals industry
Industry Median: 1.65
vs OSTO:AXIC A: 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.
aXichem AB's adjusted book value per share data for the three months ended in Mar. 2026 was kr0.878. 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 kr3.09 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
aXichem AB (OSTO:AXIC A) 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.
aXichem AB Cyclically Adjusted PB Ratio Related Terms
aXichem AB Cyclically Adjusted PB Ratio Historical Data
* Premium members only.
The historical data trend for aXichem 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.
OSTO:AXIC A vs LIN, SHW, ECL: Cyclically Adjusted PB Ratio Comparison
For the Specialty Chemicals subindustry, aXichem 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.
aXichem AB Cyclically Adjusted PB Ratio vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, aXichem AB's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where aXichem AB's Cyclically Adjusted PB Ratio falls into.
aXichem 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.
aXichem AB's Cyclically Adjusted PB Ratio for today is calculated as
* 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.
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 0.93 mean?
aXichem AB (OSTO:AXIC A) has a Cyclically Adjusted PB Ratio of 0.93 as of Aug. 15, 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 aXichem AB and its competitors. This is 56% below median its historical median of 2.09. Over the past decade, aXichem AB's Cyclically Adjusted PB Ratio has ranged from 0.34 to 21.56. According to the industry distribution chart, aXichem AB ranks #348 out of 1210 companies in the Chemicals industry, placing it in the top 28.8%.
Is aXichem AB's Cyclically Adjusted PB Ratio too high?
aXichem AB's current Cyclically Adjusted PB Ratio of 0.93 is 56% below median its 10-year median of 2.09. Over the past 10 years, this metric has ranged from a low of 0.34 to a high of 21.56. The Chemicals industry median Cyclically Adjusted PB Ratio is 1.65. aXichem AB's value of 0.93 is 43.6% below this industry median. Based on the distribution chart, aXichem AB ranks #348 out of 1210 companies in the Chemicals industry, which is above the industry midpoint. Overall, aXichem AB has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does aXichem AB's Cyclically Adjusted PB Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, aXichem AB ranks #348 out of 1210 companies for Cyclically Adjusted PB Ratio. This puts aXichem AB in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.65. aXichem AB's value of 0.93 is 43.6% below this benchmark. Historically, aXichem AB's own Cyclically Adjusted PB Ratio has ranged from 0.34 to 21.56 over the past decade. While the company's 10-year median is 2.09 vs. the industry median of 1.65, aXichem 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 Chemicals company?
The median Cyclically Adjusted PB Ratio among Chemicals companies is 1.65, based on 1,210 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. aXichem AB's current Cyclically Adjusted PB Ratio of 0.93 is 43.6% 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 aXichem AB and its competitors. For the Chemicals industry, the median Cyclically Adjusted PB Ratio is 1.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. aXichem AB's current Cyclically Adjusted PB Ratio is 0.93, which is 56% below median its own 10-year median of 2.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is aXichem AB stock overvalued right now?
Based on GuruFocus' analysis, aXichem AB (OSTO:AXIC A) is currently considered Modestly Undervalued. The stock's GF Value™ is kr3.60, compared to a current price of kr2.87 — trading 20.3% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.93, which is 56% below median its 10-year median of 2.09 and 43.6% below the Chemicals industry median of 1.65. aXichem AB's overall GF Score™ is 63/100. 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 aXichem AB (OSTO:AXIC A), the current Cyclically Adjusted PB Ratio is 0.93 as of Aug. 15, 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 aXichem AB (OSTO:AXIC A) Overvalued in 2026?
Based on GuruFocus' analysis, aXichem AB stock appears to be undervalued.
The current stock price of kr2.87 is trading 20.3% below its estimated GF Value™ of kr3.60.
GuruFocus considers aXichem AB to be Modestly Undervalued.
Key valuation signals for OSTO:AXIC A:
Cyclically Adjusted PB Ratio: 0.93 (56% below median its 10-year median of 2.09)
GF Value™: kr3.60 vs. price of kr2.87 (20.3% below fair value)
Industry Position: 43.6% below the Chemicals median (#348 of 1210)
No single metric tells the full story. See the OSTO:AXIC A stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
aXichem AB develops, patents, markets and sells natural analogue industrial chemicals, which are synthetically produced substances with similar and comparable properties to natural substances. The Company's business concept is to develop, patent, market and sell natural analogue industrial chemicals. Its commercial focus is on the proprietary patented product phenylcapsaicin, the Company's first product, which is marketed under the registered trademarks aXiphen as an additive in animal feed and aXivite as an ingredient in food supplements and as a bioenhancer. The Company's product portfolio comprises Phenylcapsaicin, aXiphen, aXiphen bio, and aXivite. The Company's focus is on establishing aXiphen as an additive in poultry feed and pig feed.
63GF Score
Get the complete analysis for OSTO:AXIC A
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