Fram Skandinavien AB (OSTO:FRAM B) Cyclically Adjusted PB Ratio: (As of Aug. 21, 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.
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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:FRAM B Fram Skandinavien AB OSTO:FRAM B
57 GF Score
Price kr4.00
GF Value kr5.04
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Fram Skandinavien AB Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Fram Skandinavien AB  (OSTO:FRAM B) 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.


Fram Skandinavien AB Cyclically Adjusted PB Ratio Related Terms


Fram Skandinavien AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Fram Skandinavien 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.

Fram Skandinavien AB Cyclically Adjusted PB Ratio Chart

Fram Skandinavien 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 0.80 0.56

Fram Skandinavien 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 0.00 0.00 0.56 0.00 0.00

OSTO:FRAM B vs IBM, ACN, FISV: Cyclically Adjusted PB Ratio Comparison

For the Information Technology Services subindustry, Fram Skandinavien 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.


Fram Skandinavien AB Cyclically Adjusted PB Ratio vs Software Industry

For the Software industry and Technology sector, Fram Skandinavien AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


OSTO:FRAM B
57GF Score
Fram Skandinavien AB OSTO:FRAM B
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Fram Skandinavien 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.

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

For example, Fram Skandinavien 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)
=-1.059/134.6100*134.6100
=-1.059

Current CPI (Jun. 2026) = 134.6100.

Fram Skandinavien AB Quarterly Data

Book Value per Share CPI Adj_Book
201512 0.136 100.276 0.183
201612 0.523 102.022 0.690
201703 0.000 102.022 0.000
201706 0.561 102.752 0.735
201709 0.000 103.279 0.000
201712 7.781 103.793 10.091
201803 12.534 103.962 16.229
201806 12.402 104.875 15.918
201809 11.620 105.679 14.801
201812 12.633 105.912 16.056
201903 21.421 105.886 27.232
201906 19.981 106.742 25.198
201909 19.381 107.214 24.333
201912 16.918 107.766 21.132
202003 16.134 106.563 20.380
202006 14.035 107.498 17.575
202009 12.374 107.635 15.475
202012 10.585 108.296 13.157
202103 10.227 108.360 12.705
202106 9.205 108.928 11.375
202109 11.372 110.338 13.874
202112 10.669 112.486 12.767
202203 10.406 114.825 12.199
202206 10.399 118.384 11.824
202209 16.256 122.296 17.893
202212 12.953 126.365 13.798
202303 12.819 127.042 13.583
202306 13.118 129.407 13.645
202309 11.562 130.224 11.951
202312 5.236 131.912 5.343
202403 4.203 132.205 4.279
202406 4.808 132.716 4.877
202409 1.950 132.304 1.984
202412 1.267 132.987 1.282
202503 0.561 132.825 0.569
202506 0.245 133.699 0.247
202509 -0.305 133.480 -0.308
202512 0.008 133.390 0.008
202603 -0.228 133.560 -0.230
202606 -1.059 134.610 -1.059

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 Fram Skandinavien AB (OSTO:FRAM B) Overvalued in 2026?

Based on GuruFocus' analysis, Fram Skandinavien AB stock appears to be undervalued. The current stock price of kr4.00 is trading 20.6% below its estimated GF Value™ of kr5.04. GuruFocus considers Fram Skandinavien AB to be Modestly Undervalued.

Key valuation signals for OSTO:FRAM B:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: kr5.04 vs. price of kr4.00 (20.6% below fair value)
  • GF Score™: 57/100 with 3 warning signs

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


Fram Skandinavien AB Business Description

Address c/o S-ekonomi, Sylveniusgatan 2, Uppsala, SWE, 754 50
Fram Skandinavien AB is a listed investment company. It mainly invests in companies that are focused on digital consumer, blockchain, and other tech in Southeast Asia. The company's investment portfolio is made up of its investments in companies like Carmudi, an online car marketplace; EveHR, an employee engagement and flexible benefit platform (SaaS); and Liven, a digital marketplace for weddings and events, etc. Geographically, Fram Skandinavien generates maximum revenue from Vietnam.
57GF Score

Get the complete analysis for OSTO:FRAM B

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

kr4.00
Price
kr5.04
GF Value