K33 AB (OSTO:K33) Cyclically Adjusted PB Ratio: (As of Aug. 13, 2026)

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What is K33 AB Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


K33 AB  (OSTO:K33) 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.


K33 AB Cyclically Adjusted PB Ratio Related Terms


K33 AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for K33 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.

K33 AB Cyclically Adjusted PB Ratio Chart

K33 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 0.01 0.00 0.00 0.00 0.00

K33 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 0.00 0.00

OSTO:K33 vs MS, GS, SCHW: Cyclically Adjusted PB Ratio Comparison

For the Capital Markets subindustry, K33 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.


K33 AB Cyclically Adjusted PB Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, K33 AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where K33 AB's Cyclically Adjusted PB Ratio falls into.



K33 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.

K33 AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, K33 AB's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.007/141.0300*141.0300
=0.007

Current CPI (Mar. 2026) = 141.0300.

K33 AB Quarterly Data

Book Value per Share CPI Adj_Book
201606 -3.912 103.800 -5.315
201609 -2.431 104.200 -3.290
201612 -3.008 104.400 -4.063
201703 -3.676 105.000 -4.937
201706 -4.215 105.800 -5.619
201709 -1.484 105.900 -1.976
201712 -0.724 106.100 -0.962
201803 -0.539 107.300 -0.708
201806 -0.010 108.500 -0.013
201809 0.031 109.500 0.040
201812 0.012 109.800 0.015
201903 0.033 110.400 0.042
201906 0.030 110.600 0.038
201909 0.000 111.100 0.000
201912 0.004 111.300 0.005
202003 0.004 111.200 0.005
202006 0.003 112.100 0.004
202009 0.004 112.900 0.005
202012 0.054 112.900 0.067
202103 0.008 114.600 0.010
202106 0.010 115.300 0.012
202109 0.019 117.500 0.023
202112 0.018 118.900 0.021
202203 0.016 119.800 0.019
202206 0.010 122.600 0.012
202209 0.010 125.600 0.011
202212 0.008 125.900 0.009
202303 0.006 127.600 0.007
202306 0.005 130.400 0.005
202309 0.004 129.800 0.004
202312 0.000 131.900 0.000
202403 0.003 132.600 0.003
202406 0.003 133.800 0.003
202409 0.003 133.700 0.003
202412 0.002 134.800 0.002
202503 0.002 136.100 0.002
202506 0.003 137.800 0.003
202509 0.012 138.500 0.012
202512 0.009 139.100 0.009
202603 0.007 141.030 0.007

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.


K33 AB Business Description

Other Exchanges ARCNF:USA869:Germany
Address Munkedamsveien 45, Oslo, NOR, 0250
K33 AB is a holding company with broad exposure to the digital assets industry. The Company offers market execution, actionable insights, and superior support to private and institutional partners across EMEA.