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Freja eID Group ABOSTO:FREJA -1.33%63 Cyclically Adjusted PB Ratio is 10.47 as of Jul. 18, 2026, which is 156% above its 10-year median of 4.09. GuruFocus rates OSTO:FREJA with a GF Score™ of 63/100 and a GF Value™ of kr11.68 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,597 Software companies, Freja eID Group AB ranks worse than 91.48% on this metric.
The historical rank and industry rank for Freja eID Group AB's Cyclically Adjusted PB Ratio or its related term are showing as below:
OSTO:FREJA'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.93 Med: 4.09 Max: 11.1
Current: 11.1
During the past years, Freja eID Group AB's highest Cyclically Adjusted PB Ratio was 11.10. The lowest was 1.93. And the median was 4.09.
OSTO:FREJA's Cyclically Adjusted PB Ratio is ranked worse than 91.48% of 1597
companies
in the Software industry
Industry Median: 2.3
vs OSTO:FREJA: 11.10
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.
Freja eID Group AB's adjusted book value per share data for the three months ended in Mar. 2026 was kr0.712. 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 kr2.13 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Freja eID Group AB (OSTO:FREJA) 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.
Freja eID Group AB Cyclically Adjusted PB Ratio Related Terms
Freja eID Group AB Cyclically Adjusted PB Ratio Historical Data
* Premium members only.
The historical data trend for Freja eID 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.
Freja eID Group AB Cyclically Adjusted PB Ratio Chart
OSTO:FREJA vs MSFT, ORCL, PLTR: Cyclically Adjusted PB Ratio Comparison
For the Software - Infrastructure subindustry, Freja eID 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.
Freja eID Group AB Cyclically Adjusted PB Ratio vs Software Industry
For the Software industry and Technology sector, Freja eID Group AB's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Freja eID Group AB's Cyclically Adjusted PB Ratio falls into.
Freja eID 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.
Freja eID Group AB's Cyclically Adjusted PB Ratio for today is calculated as
* 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.
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 10.47 mean?
Freja eID Group AB (OSTO:FREJA) has a Cyclically Adjusted PB Ratio of 10.47 as of Jul. 18, 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 Freja eID Group AB and its competitors. This is 156% above median its historical median of 4.09. Over the past decade, Freja eID Group AB's Cyclically Adjusted PB Ratio has ranged from 1.93 to 11.10. According to the industry distribution chart, Freja eID Group AB ranks #1461 out of 1597 companies in the Software industry, placing it in the top 91.5%.
Is Freja eID Group AB's Cyclically Adjusted PB Ratio too high?
Freja eID Group AB's current Cyclically Adjusted PB Ratio of 10.47 is 156% above median its 10-year median of 4.09. Over the past 10 years, this metric has ranged from a low of 1.93 to a high of 11.10. The Software industry median Cyclically Adjusted PB Ratio is 2.30. Freja eID Group AB's value of 10.47 is 355.2% above this industry median. Based on the distribution chart, Freja eID Group AB ranks #1461 out of 1597 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Freja eID Group AB has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Freja eID Group AB's Cyclically Adjusted PB Ratio compare to MSFT and ORCL?
According to the Software industry distribution chart, Freja eID Group AB ranks #1461 out of 1597 companies for Cyclically Adjusted PB Ratio. This places Freja eID Group AB in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.30. Freja eID Group AB's value of 10.47 is 355.2% above this benchmark. Historically, Freja eID Group AB's own Cyclically Adjusted PB Ratio has ranged from 1.93 to 11.10 over the past decade. While the company's 10-year median is 4.09 vs. the industry median of 2.30, Freja eID Group 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 Software company?
The median Cyclically Adjusted PB Ratio among Software companies is 2.30, based on 1,597 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. Freja eID Group AB's current Cyclically Adjusted PB Ratio of 10.47 is 355.2% 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 Freja eID Group AB and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Freja eID Group AB's current Cyclically Adjusted PB Ratio is 10.47, which is 156% above median its own 10-year median of 4.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Freja eID Group AB stock overvalued right now?
Based on GuruFocus' analysis, Freja eID Group AB (OSTO:FREJA) is currently considered Significantly Overvalued. The stock's GF Value™ is kr11.68, compared to a current price of kr22.30 — trading 90.9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 10.47, which is 156% above median its 10-year median of 4.09 and 355.2% above the Software industry median of 2.30. Freja eID Group AB's overall GF Score™ is 63/100 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 Freja eID Group AB (OSTO:FREJA), the current Cyclically Adjusted PB Ratio is 10.47 as of Jul. 18, 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 Freja eID Group AB (OSTO:FREJA) Overvalued in 2026?
Based on GuruFocus' analysis, Freja eID Group AB stock appears to be overvalued.
The current stock price of kr22.30 is trading 90.9% above its estimated GF Value™ of kr11.68.
GuruFocus considers Freja eID Group AB to be Significantly Overvalued.
Key valuation signals for OSTO:FREJA:
Cyclically Adjusted PB Ratio: 10.47 (156% above median its 10-year median of 4.09)
GF Value™: kr11.68 vs. price of kr22.30 (90.9% above fair value)
Industry Position: 355.2% above the Software median (#1461 of 1597)
No single metric tells the full story. See the OSTO:FREJA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Freja eID Group AB is a Swedish tech company. The company offers an ID platform that gives the user control over their digital identity and data. Through the platform, the user can interact with companies and authorities but also with private individuals. The functions include e-identification, electronic signatures, sign-up, check-out, physical identification, and e-service identification. Its business is based on the Swedish market and the platform is built for international scalability.
63GF Score
Get the complete analysis for OSTO:FREJA
Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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