Essity AB (OSTO:ESSITY A) Cyclically Adjusted PB Ratio: (As of Jul. 17, 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:ESSITY A Essity AB OSTO:ESSITY A
88 GF Score
Price kr272.50
GF Value kr268.51
Valuation Fairly Valued
! 3 Warning Signs
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What is Essity AB Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Essity AB  (OSTO:ESSITY 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.


Essity AB Cyclically Adjusted PB Ratio Related Terms


Essity AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Essity 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.

Essity AB Cyclically Adjusted PB Ratio Chart

Essity 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 2.71

Essity 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 2.74 2.54 2.71 2.46 0.00

OSTO:ESSITY A vs PG, CL, KVUE: Cyclically Adjusted PB Ratio Comparison

For the Household & Personal Products subindustry, Essity 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.


Essity AB Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Essity AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


OSTO:ESSITY A
88GF Score
Essity AB OSTO:ESSITY A
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Essity 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.

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

For example, Essity 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)
=136.395/134.1100*134.1100
=136.395

Current CPI (Jun. 2026) = 134.1100.

Essity AB Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.000 101.138 0.000
201612 47.276 102.022 62.146
201703 51.009 102.022 67.053
201706 53.401 102.752 69.698
201709 54.626 103.279 70.933
201712 60.211 103.793 77.798
201803 65.337 103.962 84.284
201806 64.432 104.875 82.393
201809 65.454 105.679 83.063
201812 67.120 105.912 84.990
201903 71.475 105.886 90.527
201906 68.652 106.742 86.254
201909 73.229 107.214 91.600
201912 77.064 107.766 95.903
202003 81.705 106.563 102.826
202006 78.707 107.498 98.192
202009 81.025 107.635 100.955
202012 77.387 108.296 95.834
202103 77.209 108.360 95.557
202106 80.777 108.928 99.451
202109 81.591 110.338 99.169
202112 85.249 112.486 101.637
202203 84.892 114.825 99.150
202206 95.154 118.384 107.795
202209 105.380 122.296 115.560
202212 95.888 126.365 101.765
202303 91.645 127.042 96.744
202306 101.117 129.407 104.792
202309 102.776 130.224 105.843
202312 100.871 131.912 102.552
202403 116.349 132.205 118.025
202406 118.841 132.716 120.089
202409 119.408 132.304 121.038
202412 127.081 132.987 128.154
202503 114.540 132.825 115.649
202506 117.139 133.699 117.499
202509 121.959 133.480 122.535
202512 125.357 133.390 126.034
202603 128.859 133.560 129.390
202606 136.395 134.110 136.395

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 Essity AB (OSTO:ESSITY A) Overvalued in 2026?

Based on GuruFocus' analysis, Essity AB stock appears to be overvalued. The current stock price of kr272.50 is trading 1.5% above its estimated GF Value™ of kr268.51. GuruFocus considers Essity AB to be Fairly Valued.

Key valuation signals for OSTO:ESSITY A:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: kr268.51 vs. price of kr272.50 (1.5% above fair value)
  • GF Score™: 88/100 with 3 warning signs

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


Essity AB Business Description

Address Klarabergsviadukten 63, PO Box 200, Stockholm, SWE, SE-101 23
Essity is a health and hygiene company spun out of Svenska Cellulosa in June 2017. Essity's products span the feminine care, baby care, toilet paper, facial tissue, and wet wipes categories, as well as hand soap, hand sanitizers, and tissue dispensers for institutional customers. Essity also offers medical solutions in the form of wound care, orthopedics, and compression therapy, accounting for around 8% of net sales. Essity operates in 150 markets and generates 61% of its revenue in Europe.
88GF Score

Get the complete analysis for OSTO:ESSITY A

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

kr272.50
Price
kr268.51
GF Value