Enzymatica AB (OSTO:ENZY) Cyclically Adjusted PB Ratio: 2.24 (As of Sep. 13, 2026) — 19% Below Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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OSTO:ENZY Enzymatica AB OSTO:ENZY
56 GF Score
Price kr2.04
GF Value kr2.11
Valuation Fairly Valued
! 3 Warning Signs
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What is Enzymatica AB Cyclically Adjusted PB Ratio?

Enzymatica AB OSTO:ENZY -1.45% 56 Cyclically Adjusted PB Ratio is 2.24 as of Sep. 13, 2026, which is 19% below its 10-year median of 2.76. GuruFocus rates OSTO:ENZY with a GF Score™ of 56/100 and a GF Value™ of kr2.11 (Fairly Valued). The stock has 3 warning signs investors should review. Among 637 Drug Manufacturers companies, Enzymatica AB ranks worse than 60.91% on this metric.

As of today (2026-09-13), Enzymatica AB's current share price is kr2.04. Enzymatica AB's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was kr0.91. Enzymatica AB's Cyclically Adjusted PB Ratio for today is 2.24.

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

OSTO:ENZY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.39   Med: 2.76   Max: 18.07
Current: 2.23

During the past years, Enzymatica AB's highest Cyclically Adjusted PB Ratio was 18.07. The lowest was 1.39. And the median was 2.76.

OSTO:ENZY's Cyclically Adjusted PB Ratio is ranked worse than
60.91% of 637 companies
in the Drug Manufacturers industry
Industry Median: 1.68 vs OSTO:ENZY: 2.23

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.

Enzymatica AB's adjusted book value per share data for the three months ended in Jun. 2026 was kr0.405. 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 kr0.91 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Enzymatica AB  (OSTO:ENZY) 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.


Enzymatica AB Cyclically Adjusted PB Ratio Related Terms


Enzymatica AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Enzymatica 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.

Enzymatica AB Cyclically Adjusted PB Ratio Chart

Enzymatica 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 6.95 3.23 2.80 1.48 2.00

Enzymatica 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 2.57 2.44 2.00 3.35 2.63

OSTO:ENZY vs ZTS: Cyclically Adjusted PB Ratio Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Enzymatica 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.


Enzymatica AB Cyclically Adjusted PB Ratio vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Enzymatica AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


OSTO:ENZY
56GF Score
Enzymatica AB OSTO:ENZY
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Enzymatica 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.04/0.91
=2.24

* 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.

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

For example, Enzymatica 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)
=0.405/134.6100*134.6100
=0.405

Current CPI (Jun. 2026) = 134.6100.

Enzymatica AB Quarterly Data

Book Value per Share CPI Adj_Book
201609 1.579 101.138 2.102
201612 1.403 102.022 1.851
201703 1.292 102.022 1.705
201706 1.187 102.752 1.555
201709 1.150 103.279 1.499
201712 1.092 103.793 1.416
201803 1.003 103.962 1.299
201806 0.850 104.875 1.091
201809 0.751 105.679 0.957
201812 1.033 105.912 1.313
201903 0.954 105.886 1.213
201906 0.851 106.742 1.073
201909 0.809 107.214 1.016
201912 0.771 107.766 0.963
202003 0.771 106.563 0.974
202006 0.708 107.498 0.887
202009 0.695 107.635 0.869
202012 0.690 108.296 0.858
202103 0.641 108.360 0.796
202106 0.858 108.928 1.060
202109 0.831 110.338 1.014
202112 0.774 112.486 0.926
202203 0.667 114.825 0.782
202206 0.577 118.384 0.656
202209 0.082 122.296 0.090
202212 0.711 126.365 0.757
202303 0.631 127.042 0.669
202306 0.570 129.407 0.593
202309 0.518 130.224 0.535
202312 0.431 131.912 0.440
202403 0.448 132.205 0.456
202406 0.375 132.716 0.380
202409 0.781 132.304 0.795
202412 0.727 132.987 0.736
202503 0.651 132.825 0.660
202506 0.592 133.699 0.596
202509 0.559 133.480 0.564
202512 0.512 133.390 0.517
202603 0.457 133.560 0.461
202606 0.405 134.610 0.405

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 2.24 mean?
Enzymatica AB (OSTO:ENZY) has a Cyclically Adjusted PB Ratio of 2.24 as of Sep. 13, 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 Enzymatica AB and its competitors. This is 19% below median its historical median of 2.76. Over the past decade, Enzymatica AB's Cyclically Adjusted PB Ratio has ranged from 1.39 to 18.07. According to the industry distribution chart, Enzymatica AB ranks #388 out of 637 companies in the Drug Manufacturers industry, placing it in the top 60.9%.
Is Enzymatica AB's Cyclically Adjusted PB Ratio too high?
Enzymatica AB's current Cyclically Adjusted PB Ratio of 2.24 is 19% below median its 10-year median of 2.76. Over the past 10 years, this metric has ranged from a low of 1.39 to a high of 18.07. The Drug Manufacturers industry median Cyclically Adjusted PB Ratio is 1.68. Enzymatica AB's value of 2.24 is 33.3% above this industry median. Based on the distribution chart, Enzymatica AB ranks #388 out of 637 companies in the Drug Manufacturers industry, which is below the industry midpoint. Overall, Enzymatica AB has a GF Score™ of 56/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Enzymatica AB's Cyclically Adjusted PB Ratio compare to ZTS?
According to the Drug Manufacturers industry distribution chart, Enzymatica AB ranks #388 out of 637 companies for Cyclically Adjusted PB Ratio. This places Enzymatica AB in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.68. Enzymatica AB's value of 2.24 is 33.3% above this benchmark. Historically, Enzymatica AB's own Cyclically Adjusted PB Ratio has ranged from 1.39 to 18.07 over the past decade. While the company's 10-year median is 2.76 vs. the industry median of 1.68, Enzymatica AB has consistently been above 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 Drug Manufacturers company?
The median Cyclically Adjusted PB Ratio among Drug Manufacturers companies is 1.68, based on 637 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. Enzymatica AB's current Cyclically Adjusted PB Ratio of 2.24 is 33.3% above 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 Enzymatica AB and its competitors. For the Drug Manufacturers industry, the median Cyclically Adjusted PB Ratio is 1.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Enzymatica AB's current Cyclically Adjusted PB Ratio is 2.24, which is 19% below median its own 10-year median of 2.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Enzymatica AB stock overvalued right now?
Based on GuruFocus' analysis, Enzymatica AB (OSTO:ENZY) is currently considered Fairly Valued. The stock's GF Value™ is kr2.11, compared to a current price of kr2.04 — trading 3.3% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.24, which is 19% below median its 10-year median of 2.76 and 33.3% above the Drug Manufacturers industry median of 1.68. Enzymatica AB's overall GF Score™ is 56/100 with 3 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 Enzymatica AB (OSTO:ENZY), the current Cyclically Adjusted PB Ratio is 2.24 as of Sep. 13, 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 Enzymatica AB (OSTO:ENZY) Overvalued in 2026?

Based on GuruFocus' analysis, Enzymatica AB stock appears to be undervalued. The current stock price of kr2.04 is trading 3.3% below its estimated GF Value™ of kr2.11. GuruFocus considers Enzymatica AB to be Fairly Valued.

Key valuation signals for OSTO:ENZY:

  • Cyclically Adjusted PB Ratio: 2.24 (19% below median its 10-year median of 2.76)
  • GF Value™: kr2.11 vs. price of kr2.04 (3.3% below fair value)
  • GF Score™: 56/100 with 3 warning signs
  • Industry Position: 33.3% above the Drug Manufacturers median (#388 of 637)

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


Enzymatica AB Business Description

Other Exchanges EN9:Germany
Address Scheelevagen 19, Delta 5, Ideon Science Park, Lund, SWE, SE-223 70
Enzymatica AB is a life science company that develops and sells medical devices against infectious diseases, based on a barrier technology, which includes marine enzymes. Its product ColdZyme Mouth Spray prevents cold and reduces disease period.
56GF Score

Get the complete analysis for OSTO:ENZY

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

kr2.04
Price
kr2.11
GF Value