Ogunsen AB (OSTO:OGUN B) Cyclically Adjusted PB Ratio: 3.60 (As of Aug. 10, 2026) — 33% Below Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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OSTO:OGUN B Ogunsen AB OSTO:OGUN B
78 GF Score
Price kr25.70
GF Value kr28.68
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Ogunsen AB Cyclically Adjusted PB Ratio?

Ogunsen AB OSTO:OGUN B -1.91% 78 Cyclically Adjusted PB Ratio is 3.60 as of Aug. 10, 2026, which is 33% below its 10-year median of 5.41. GuruFocus rates OSTO:OGUN B with a GF Score™ of 78/100 and a GF Value™ of kr28.68 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 724 Business Services companies, Ogunsen AB ranks worse than 78.87% on this metric.

As of today (2026-08-10), Ogunsen AB's current share price is kr25.70. Ogunsen AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was kr7.13. Ogunsen AB's Cyclically Adjusted PB Ratio for today is 3.60.

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

OSTO:OGUN B' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.21   Med: 5.41   Max: 9.69
Current: 3.61

During the past years, Ogunsen AB's highest Cyclically Adjusted PB Ratio was 9.69. The lowest was 3.21. And the median was 5.41.

OSTO:OGUN B's Cyclically Adjusted PB Ratio is ranked worse than
78.87% of 724 companies
in the Business Services industry
Industry Median: 1.56 vs OSTO:OGUN B: 3.61

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.

Ogunsen AB's adjusted book value per share data for the three months ended in Mar. 2026 was kr6.405. 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 kr7.13 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ogunsen AB  (OSTO:OGUN 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.


Ogunsen AB Cyclically Adjusted PB Ratio Related Terms


Ogunsen AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Ogunsen 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.

Ogunsen AB Cyclically Adjusted PB Ratio Chart

Ogunsen 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 8.22 6.72 5.28 4.34 4.65

Ogunsen 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 3.99 3.67 3.48 4.65 4.16

OSTO:OGUN B vs KFY, RHI, TNET: Cyclically Adjusted PB Ratio Comparison

For the Staffing & Employment Services subindustry, Ogunsen 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.


Ogunsen AB Cyclically Adjusted PB Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, Ogunsen AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


OSTO:OGUN B
78GF Score
Ogunsen AB OSTO:OGUN B
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Ogunsen 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=25.70/7.13
=3.60

* 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.

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

For example, Ogunsen 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)
=6.405/133.5600*133.5600
=6.405

Current CPI (Mar. 2026) = 133.5600.

Ogunsen AB Quarterly Data

Book Value per Share CPI Adj_Book
201606 4.048 101.019 5.352
201609 4.686 101.138 6.188
201612 5.387 102.022 7.052
201703 6.171 102.022 8.079
201706 4.333 102.752 5.632
201709 5.067 103.279 6.553
201712 5.811 103.793 7.478
201803 6.667 103.962 8.565
201806 4.486 104.875 5.713
201809 5.200 105.679 6.572
201812 5.683 105.912 7.167
201903 6.925 105.886 8.735
201906 4.009 106.742 5.016
201909 4.738 107.214 5.902
201912 5.148 107.766 6.380
202003 5.402 106.563 6.771
202006 5.430 107.498 6.746
202009 5.897 107.635 7.317
202012 6.192 108.296 7.637
202103 6.654 108.360 8.201
202106 5.523 108.928 6.772
202109 6.364 110.338 7.703
202112 7.625 112.486 9.054
202203 8.542 114.825 9.936
202206 6.252 118.384 7.053
202209 7.402 122.296 8.084
202212 8.952 126.365 9.462
202303 10.190 127.042 10.713
202306 6.358 129.407 6.562
202309 7.011 130.224 7.191
202312 7.992 131.912 8.092
202403 8.756 132.205 8.846
202406 5.726 132.716 5.762
202409 6.284 132.304 6.344
202412 6.539 132.987 6.567
202503 6.814 132.825 6.852
202506 5.094 133.699 5.089
202509 5.512 133.480 5.515
202512 5.962 133.390 5.970
202603 6.405 133.560 6.405

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 3.60 mean?
Ogunsen AB (OSTO:OGUN B) has a Cyclically Adjusted PB Ratio of 3.60 as of Aug. 10, 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 Ogunsen AB and its competitors. This is 33% below median its historical median of 5.41. Over the past decade, Ogunsen AB's Cyclically Adjusted PB Ratio has ranged from 3.21 to 9.69. According to the industry distribution chart, Ogunsen AB ranks #571 out of 724 companies in the Business Services industry, placing it in the top 78.9%.
Is Ogunsen AB's Cyclically Adjusted PB Ratio too high?
Ogunsen AB's current Cyclically Adjusted PB Ratio of 3.60 is 33% below median its 10-year median of 5.41. Over the past 10 years, this metric has ranged from a low of 3.21 to a high of 9.69. The Business Services industry median Cyclically Adjusted PB Ratio is 1.56. Ogunsen AB's value of 3.60 is 130.8% above this industry median. Based on the distribution chart, Ogunsen AB ranks #571 out of 724 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Ogunsen AB has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ogunsen AB's Cyclically Adjusted PB Ratio compare to KFY and RHI?
According to the Business Services industry distribution chart, Ogunsen AB ranks #571 out of 724 companies for Cyclically Adjusted PB Ratio. This places Ogunsen AB in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.56. Ogunsen AB's value of 3.60 is 130.8% above this benchmark. Historically, Ogunsen AB's own Cyclically Adjusted PB Ratio has ranged from 3.21 to 9.69 over the past decade. While the company's 10-year median is 5.41 vs. the industry median of 1.56, Ogunsen 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 Business Services company?
The median Cyclically Adjusted PB Ratio among Business Services companies is 1.56, based on 724 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. Ogunsen AB's current Cyclically Adjusted PB Ratio of 3.60 is 130.8% 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 Ogunsen AB and its competitors. For the Business Services industry, the median Cyclically Adjusted PB Ratio is 1.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ogunsen AB's current Cyclically Adjusted PB Ratio is 3.60, which is 33% below median its own 10-year median of 5.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ogunsen AB stock overvalued right now?
Based on GuruFocus' analysis, Ogunsen AB (OSTO:OGUN B) is currently considered Modestly Undervalued. The stock's GF Value™ is kr28.68, compared to a current price of kr25.70 — trading 10.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.60, which is 33% below median its 10-year median of 5.41 and 130.8% above the Business Services industry median of 1.56. Ogunsen AB's overall GF Score™ is 78/100 with 4 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 Ogunsen AB (OSTO:OGUN B), the current Cyclically Adjusted PB Ratio is 3.60 as of Aug. 10, 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 Ogunsen AB (OSTO:OGUN B) Overvalued in 2026?

Based on GuruFocus' analysis, Ogunsen AB stock appears to be undervalued. The current stock price of kr25.70 is trading 10.4% below its estimated GF Value™ of kr28.68. GuruFocus considers Ogunsen AB to be Modestly Undervalued.

Key valuation signals for OSTO:OGUN B:

  • Cyclically Adjusted PB Ratio: 3.60 (33% below median its 10-year median of 5.41)
  • GF Value™: kr28.68 vs. price of kr25.70 (10.4% below fair value)
  • GF Score™: 78/100 with 4 warning signs
  • Industry Position: 130.8% above the Business Services median (#571 of 724)

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


Ogunsen AB Business Description

Address Humlegardsgatan 20, Stockholm, SWE, 114 46
Ogunsen AB formerly SJR in Scandinavia AB is a Sweden based recruitment and consulting company. It provides companies with managers and specialists in finance, banking, and finance, HR, supply chain, and information technology.
78GF Score

Get the complete analysis for OSTO:OGUN B

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

kr25.70
Price
kr28.68
GF Value