Cortus Energy AB (OSTO:CE) Cyclically Adjusted PB Ratio: 0.03 (As of Jul. 21, 2026)

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OSTO:CE Cortus Energy AB OSTO:CE
8 GF Score
Price kr0.18
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What is Cortus Energy AB Cyclically Adjusted PB Ratio?

Cortus Energy AB OSTO:CE 8 Cyclically Adjusted PB Ratio is 0.03 as of Jul. 21, 2026. GuruFocus rates OSTO:CE with a GF Score™ of 8/100.

As of today (2026-07-21), Cortus Energy AB's current share price is kr0.176. Cortus Energy AB's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was kr6.12. Cortus Energy AB's Cyclically Adjusted PB Ratio for today is 0.03.

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

OSTO:CE's Cyclically Adjusted PB Ratio is not ranked *
in the Utilities - Independent Power Producers industry.
Industry Median: 1.115
* Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.

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.

Cortus Energy AB's adjusted book value per share data for the three months ended in Dec. 2024 was kr-0.030. 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 kr6.12 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cortus Energy AB  (OSTO:CE) 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.


Cortus Energy AB Cyclically Adjusted PB Ratio Related Terms


Cortus Energy AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Cortus Energy 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.

Cortus Energy AB Cyclically Adjusted PB Ratio Chart

Cortus Energy AB Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.21 0.94 0.57 0.31 0.03

Cortus Energy AB Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.31 0.12 0.05 0.04 0.03

OSTO:CE vs CEG: Cyclically Adjusted PB Ratio Comparison

For the Utilities - Renewable subindustry, Cortus Energy 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.


Cortus Energy AB Cyclically Adjusted PB Ratio vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Cortus Energy AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


OSTO:CE
8GF Score
Cortus Energy AB OSTO:CE
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Cortus Energy 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.176/6.12
=0.03

* 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.

Cortus Energy AB's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 is calculated as:

For example, Cortus Energy AB's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book=Book Value per Share/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=-0.03/132.9872*132.9872
=-0.030

Current CPI (Dec. 2024) = 132.9872.

Cortus Energy AB Quarterly Data

Book Value per Share CPI Adj_Book
201503 29.076 99.950 38.687
201506 20.828 99.995 27.700
201509 11.179 100.228 14.833
201512 10.234 100.276 13.572
201603 8.796 100.751 11.610
201606 8.205 101.019 10.801
201609 7.493 101.138 9.853
201612 10.200 102.022 13.296
201703 6.839 102.022 8.915
201706 7.318 102.752 9.471
201709 6.559 103.279 8.446
201712 6.104 103.793 7.821
201803 4.960 103.962 6.345
201806 9.497 104.875 12.043
201809 8.975 105.679 11.294
201812 3.874 105.912 4.864
201903 2.564 105.886 3.220
201906 4.091 106.742 5.097
201909 3.467 107.214 4.300
201912 2.643 107.766 3.262
202003 1.682 106.563 2.099
202006 0.984 107.498 1.217
202009 0.237 107.635 0.293
202012 0.400 108.296 0.491
202103 0.202 108.360 0.248
202106 0.159 108.928 0.194
202109 1.667 110.338 2.009
202112 2.900 112.486 3.429
202203 3.404 114.825 3.942
202206 1.882 118.384 2.114
202209 1.507 122.296 1.639
202212 1.344 126.365 1.414
202303 1.080 127.042 1.131
202306 0.551 129.407 0.566
202309 0.115 130.224 0.117
202312 -0.461 131.912 -0.465
202403 -1.075 132.205 -1.081
202406 0.038 132.716 0.038
202409 -0.088 132.304 -0.088
202412 -0.030 132.987 -0.030

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 0.03 mean?
Cortus Energy AB (OSTO:CE) has a Cyclically Adjusted PB Ratio of 0.03 as of Jul. 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 Cortus Energy AB and its competitors.
Is Cortus Energy AB's Cyclically Adjusted PB Ratio too high?
Cortus Energy AB's current Cyclically Adjusted PB Ratio is 0.03. The Utilities - Independent Power Producers industry median Cyclically Adjusted PB Ratio is 1.12. Cortus Energy AB's value of 0.03 is 97.3% below this industry median. Overall, Cortus Energy AB has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Cortus Energy AB's Cyclically Adjusted PB Ratio compare to CEG?
Cortus Energy AB's Cyclically Adjusted PB Ratio of 0.03 can be compared against companies in the Utilities - Independent Power Producers industry. The industry median Cyclically Adjusted PB Ratio is 1.12. Cortus Energy AB's value of 0.03 is 97.3% below this benchmark. 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 Utilities - Independent Power Producers company?
The median Cyclically Adjusted PB Ratio among Utilities - Independent Power Producers companies is 1.12, based on 284 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. Cortus Energy AB's current Cyclically Adjusted PB Ratio of 0.03 is 97.3% 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 Cortus Energy AB and its competitors. For the Utilities - Independent Power Producers industry, the median Cyclically Adjusted PB Ratio is 1.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cortus Energy AB's current Cyclically Adjusted PB Ratio is 0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cortus Energy AB stock overvalued right now?
Cortus Energy AB (OSTO:CE) has a current Cyclically Adjusted PB Ratio of 0.03. The current Cyclically Adjusted PB Ratio is 0.03 and 97.3% below the Utilities - Independent Power Producers industry median of 1.12. Cortus Energy AB's overall GF Score™ is 8/100. 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 Cortus Energy AB (OSTO:CE), the current Cyclically Adjusted PB Ratio is 0.03 as of Jul. 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.

Cortus Energy AB Business Description

Address Isafjordsgatan 30C, 7th floor, Kista, SWE, 164 40
Cortus Energy AB provides cost-effective and renewable energy gas. It offers energy gas for power, industrial and transport applications.
8GF Score

Get the complete analysis for OSTO:CE

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

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