I-Tech AB (OSTO:ITECH) Cyclically Adjusted PB Ratio: 6.71 (As of Jul. 25, 2026) — 38% Above Median

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OSTO:ITECH I-Tech AB OSTO:ITECH
84 GF Score
Price kr68.00
GF Value kr65.21
Valuation Fairly Valued
! 2 Warning Signs
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What is I-Tech AB Cyclically Adjusted PB Ratio?

I-Tech AB OSTO:ITECH -1.31% 84 Cyclically Adjusted PB Ratio is 6.71 as of Jul. 25, 2026, which is 38% above its 10-year median of 4.88. GuruFocus rates OSTO:ITECH with a GF Score™ of 84/100 and a GF Value™ of kr65.21 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,273 Chemicals companies, I-Tech AB ranks worse than 88.85% on this metric.

As of today (2026-07-25), I-Tech AB's current share price is kr68.00. I-Tech AB's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was kr10.14. I-Tech AB's Cyclically Adjusted PB Ratio for today is 6.71.

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

OSTO:ITECH' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.3   Med: 4.88   Max: 6.69
Current: 6.69

During the past 10 years, I-Tech AB's highest Cyclically Adjusted PB Ratio was 6.69. The lowest was 4.30. And the median was 4.88.

OSTO:ITECH's Cyclically Adjusted PB Ratio is ranked worse than
88.85% of 1273 companies
in the Chemicals industry
Industry Median: 1.66 vs OSTO:ITECH: 6.69

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.

I-Tech AB's adjusted book value per share data of for the fiscal year that ended in Dec25 was kr14.535. 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 kr10.14 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


I-Tech AB  (OSTO:ITECH) 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.


I-Tech AB Cyclically Adjusted PB Ratio Related Terms


I-Tech AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for I-Tech 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.

I-Tech AB Cyclically Adjusted PB Ratio Chart

I-Tech 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 5.15

I-Tech AB Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 5.15 0.00

OSTO:ITECH vs LIN, SHW, ECL: Cyclically Adjusted PB Ratio Comparison

For the Specialty Chemicals subindustry, I-Tech 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.


I-Tech AB Cyclically Adjusted PB Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, I-Tech AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


OSTO:ITECH
84GF Score
I-Tech AB OSTO:ITECH
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

I-Tech 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.

I-Tech AB's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=68.00/10.14
=6.71

* 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.

I-Tech AB's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, I-Tech AB's adjusted Book Value per Share data for the fiscal year that ended in Dec25 was:

Adj_Book=Book Value per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=14.535/133.3900*133.3900
=14.535

Current CPI (Dec25) = 133.3900.

I-Tech AB Annual Data

Book Value per Share CPI Adj_Book
201612 2.925 102.022 3.824
201712 3.098 103.793 3.981
201812 8.648 105.912 10.892
201912 9.356 107.766 11.581
202012 8.952 108.296 11.026
202112 8.812 112.486 10.450
202212 9.744 126.365 10.286
202312 11.441 131.912 11.569
202412 13.217 132.987 13.257
202512 14.535 133.390 14.535

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 6.71 mean?
I-Tech AB (OSTO:ITECH) has a Cyclically Adjusted PB Ratio of 6.71 as of Jul. 25, 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 I-Tech AB and its competitors. This is 38% above median its historical median of 4.88. Over the past decade, I-Tech AB's Cyclically Adjusted PB Ratio has ranged from 4.30 to 6.69. According to the industry distribution chart, I-Tech AB ranks #1131 out of 1273 companies in the Chemicals industry, placing it in the top 88.8%.
Is I-Tech AB's Cyclically Adjusted PB Ratio too high?
I-Tech AB's current Cyclically Adjusted PB Ratio of 6.71 is 38% above median its 10-year median of 4.88. Over the past 10 years, this metric has ranged from a low of 4.30 to a high of 6.69. The Chemicals industry median Cyclically Adjusted PB Ratio is 1.66. I-Tech AB's value of 6.71 is 304.2% above this industry median. Based on the distribution chart, I-Tech AB ranks #1131 out of 1273 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, I-Tech AB has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does I-Tech AB's Cyclically Adjusted PB Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, I-Tech AB ranks #1131 out of 1273 companies for Cyclically Adjusted PB Ratio. This places I-Tech AB in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.66. I-Tech AB's value of 6.71 is 304.2% above this benchmark. Historically, I-Tech AB's own Cyclically Adjusted PB Ratio has ranged from 4.30 to 6.69 over the past decade. While the company's 10-year median is 4.88 vs. the industry median of 1.66, I-Tech 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 Chemicals company?
The median Cyclically Adjusted PB Ratio among Chemicals companies is 1.66, based on 1,273 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. I-Tech AB's current Cyclically Adjusted PB Ratio of 6.71 is 304.2% 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 I-Tech AB and its competitors. For the Chemicals industry, the median Cyclically Adjusted PB Ratio is 1.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. I-Tech AB's current Cyclically Adjusted PB Ratio is 6.71, which is 38% above median its own 10-year median of 4.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is I-Tech AB stock overvalued right now?
Based on GuruFocus' analysis, I-Tech AB (OSTO:ITECH) is currently considered Fairly Valued. The stock's GF Value™ is kr65.21, compared to a current price of kr68.00 — trading 4.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 6.71, which is 38% above median its 10-year median of 4.88 and 304.2% above the Chemicals industry median of 1.66. I-Tech AB's overall GF Score™ is 84/100 with 2 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 I-Tech AB (OSTO:ITECH), the current Cyclically Adjusted PB Ratio is 6.71 as of Jul. 25, 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 I-Tech AB (OSTO:ITECH) Overvalued in 2026?

Based on GuruFocus' analysis, I-Tech AB stock appears to be overvalued. The current stock price of kr68.00 is trading 4.3% above its estimated GF Value™ of kr65.21. GuruFocus considers I-Tech AB to be Fairly Valued.

Key valuation signals for OSTO:ITECH:

  • Cyclically Adjusted PB Ratio: 6.71 (38% above median its 10-year median of 4.88)
  • GF Value™: kr65.21 vs. price of kr68.00 (4.3% above fair value)
  • GF Score™: 84/100 with 2 warning signs
  • Industry Position: 304.2% above the Chemicals median (#1131 of 1273)

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


I-Tech AB Business Description

Other Exchanges 99I:Germany
Address Forandringens gata 10, Molndal, SWE, SE- 431 53
I-Tech AB is a biotechnology company. The company has developed the antifouling technology Selektope, an active substance that prevents barnacle attachment on submerged surfaces such as ships and boat hulls. The company's business model is ultra scalable, that large top-line figures are generated in a compact organisation.
84GF Score

Get the complete analysis for OSTO:ITECH

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

kr68.00
Price
kr65.21
GF Value