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Heba Fastighets AB (OSTO:HEBA B) Cyclically Adjusted PB Ratio : 0.78 (As of Jul. 18, 2025)


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What is Heba Fastighets AB Cyclically Adjusted PB Ratio?

As of today (2025-07-18), Heba Fastighets AB's current share price is kr30.45. Heba Fastighets AB's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2025 was kr39.29. Heba Fastighets AB's Cyclically Adjusted PB Ratio for today is 0.78.

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

OSTO:HEBA B' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.64   Med: 1.59   Max: 3.16
Current: 0.77

During the past years, Heba Fastighets AB's highest Cyclically Adjusted PB Ratio was 3.16. The lowest was 0.64. And the median was 1.59.

OSTO:HEBA B's Cyclically Adjusted PB Ratio is ranked worse than
52.23% of 1415 companies
in the Real Estate industry
Industry Median: 0.73 vs OSTO:HEBA B: 0.77

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.

Heba Fastighets AB's adjusted book value per share data for the three months ended in Jun. 2025 was kr39.506. 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 kr39.29 for the trailing ten years ended in Jun. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Heba Fastighets AB Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Heba Fastighets 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.

* Premium members only.

Heba Fastighets AB Cyclically Adjusted PB Ratio Chart

Heba Fastighets 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 2.44 2.92 1.09 0.97 0.85

Heba Fastighets AB Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25
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 0.83 0.98 0.85 0.68 0.81

Competitive Comparison of Heba Fastighets AB's Cyclically Adjusted PB Ratio

For the Real Estate Services subindustry, Heba Fastighets 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.


Heba Fastighets AB's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Heba Fastighets AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Heba Fastighets 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=30.45/39.29
=0.78

* 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.

Heba Fastighets AB's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2025 is calculated as:

For example, Heba Fastighets AB's adjusted Book Value per Share data for the three months ended in Jun. 2025 was:

Adj_Book=Book Value per Share/CPI of Jun. 2025 (Change)*Current CPI (Jun. 2025)
=39.506/132.8245*132.8245
=39.506

Current CPI (Jun. 2025) = 132.8245.

Heba Fastighets AB Quarterly Data

Book Value per Share CPI Adj_Book
201509 20.372 100.228 26.997
201512 22.291 100.276 29.526
201603 22.580 100.751 29.768
201606 22.590 101.019 29.702
201609 23.056 101.138 30.280
201612 24.172 102.022 31.470
201703 24.434 102.022 31.811
201706 24.715 102.752 31.948
201709 25.574 103.279 32.890
201712 26.001 103.793 33.274
201803 26.576 103.962 33.954
201806 26.753 104.875 33.883
201809 28.649 105.679 36.008
201812 29.509 105.912 37.007
201903 30.074 105.886 37.725
201906 30.207 106.742 37.588
201909 30.529 107.214 37.822
201912 33.344 107.766 41.097
202003 33.636 106.563 41.925
202006 33.185 107.498 41.003
202009 34.388 107.635 42.436
202012 37.094 108.296 45.496
202103 37.738 108.360 46.258
202106 38.689 108.928 47.177
202109 41.649 110.338 50.137
202112 45.378 112.486 53.583
202203 46.587 114.825 53.890
202206 46.777 118.384 52.483
202209 44.904 122.296 48.770
202212 43.753 126.365 45.989
202303 42.618 127.042 44.558
202306 40.949 129.407 42.031
202309 39.339 130.224 40.125
202312 38.990 131.912 39.260
202403 38.748 132.205 38.929
202406 38.333 132.716 38.364
202409 38.422 132.304 38.573
202412 39.068 132.987 39.020
202503 39.392 132.825 39.392
202506 39.506 132.825 39.506

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.


Heba Fastighets AB  (OSTO:HEBA 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.


Heba Fastighets AB Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Heba Fastighets AB's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Heba Fastighets AB Business Description

Traded in Other Exchanges
Address
Timmermansgatan 31, Box 17006, Stockholm, SWE, 104 62
Heba Fastighets AB along with its holdings engages in acquisition, management and operation of primarily residential real estate in the cities of Stockholm and Lidingo, the municipality of Huddinge and in Taby.

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