BrightBid Group AB (OSTO:BRIGHT) Cyclically Adjusted PB Ratio: (As of Sep. 22, 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:BRIGHT BrightBid Group AB OSTO:BRIGHT
43 GF Score
Price kr0.36
GF Value kr0.41
Valuation Modestly Undervalued
! 5 Warning Signs
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What is BrightBid Group AB Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


BrightBid Group AB  (OSTO:BRIGHT) 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.


BrightBid Group AB Cyclically Adjusted PB Ratio Related Terms


BrightBid Group AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for BrightBid Group 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.

BrightBid Group AB Cyclically Adjusted PB Ratio Chart

BrightBid Group 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 0.55 0.14 0.16 0.02 0.00

BrightBid Group 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 0.01 0.01 0.01 0.01 0.01

OSTO:BRIGHT vs GOOGL, META, SPOT: Cyclically Adjusted PB Ratio Comparison

For the Internet Content & Information subindustry, BrightBid Group 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.


BrightBid Group AB Cyclically Adjusted PB Ratio vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, BrightBid Group AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


OSTO:BRIGHT
43GF Score
BrightBid Group AB OSTO:BRIGHT
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BrightBid Group 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.

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

For example, BrightBid Group 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)
=0.23/134.6100*134.6100
=0.230

Current CPI (Jun. 2026) = 134.6100.

BrightBid Group AB Quarterly Data

Book Value per Share CPI Adj_Book
201609 10.106 101.138 13.451
201612 10.257 102.022 13.533
201703 9.226 102.022 12.173
201706 8.392 102.752 10.994
201709 6.920 103.279 9.019
201712 10.586 103.793 13.729
201803 9.709 103.962 12.571
201806 9.488 104.875 12.178
201809 8.761 105.679 11.159
201812 11.656 105.912 14.814
201903 15.550 105.886 19.768
201906 20.577 106.742 25.949
201909 17.691 107.214 22.212
201912 17.592 107.766 21.974
202003 33.055 106.563 41.755
202006 34.016 107.498 42.595
202009 34.391 107.635 43.010
202012 33.704 108.296 41.894
202103 33.947 108.360 42.171
202106 349.295 108.928 431.650
202109 381.598 110.338 465.541
202112 450.181 112.486 538.724
202203 45.257 114.825 53.055
202206 12.241 118.384 13.919
202209 0.410 122.296 0.451
202212 0.307 126.365 0.327
202303 -0.033 127.042 -0.035
202306 -0.512 129.407 -0.533
202309 3.387 130.224 3.501
202312 2.769 131.912 2.826
202403 2.264 132.205 2.305
202406 2.384 132.716 2.418
202409 2.093 132.304 2.129
202412 1.879 132.987 1.902
202503 1.671 132.825 1.693
202506 1.314 133.699 1.323
202509 1.155 133.480 1.165
202512 0.408 133.380 0.412
202603 0.285 133.550 0.287
202606 0.230 134.610 0.230

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 BrightBid Group AB (OSTO:BRIGHT) Overvalued in 2026?

Based on GuruFocus' analysis, BrightBid Group AB stock appears to be undervalued. The current stock price of kr0.36 is trading 12.2% below its estimated GF Value™ of kr0.41. GuruFocus considers BrightBid Group AB to be Modestly Undervalued.

Key valuation signals for OSTO:BRIGHT:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: kr0.41 vs. price of kr0.36 (12.2% below fair value)
  • GF Score™: 43/100 with 5 warning signs

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


BrightBid Group AB Business Description

Other Exchanges 23WA:Germany
Address Brunnsgatan 11, Stockholm, SWE, 111 38
BrightBid Group AB is an AdTech company. The company's AdTech services help e-merchants get traffic through the AI-based SaaS service Bidbrain.com. The solutions offered by the company are AI-Fused PPC Automation, AI Optimization for Google Shopping Ads, Sell Amazon Products on Google Shopping, AI-Powered Ad Reporting, Competitor Ad Monitoring, Brand Protection, and others.
43GF Score

Get the complete analysis for OSTO:BRIGHT

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

kr0.36
Price
kr0.41
GF Value