PowerCell Sweden AB (OSTO:PCELL) Cyclically Adjusted PB Ratio: 2.84 (As of Jul. 21, 2026) — 43% Below Median

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OSTO:PCELL PowerCell Sweden AB OSTO:PCELL
76 GF Score
Price kr19.82
GF Value kr23.08
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is PowerCell Sweden AB Cyclically Adjusted PB Ratio?

PowerCell Sweden AB OSTO:PCELL +0.92% 76 Cyclically Adjusted PB Ratio is 2.84 as of Jul. 21, 2026, which is 43% below its 10-year median of 5.00. GuruFocus rates OSTO:PCELL with a GF Score™ of 76/100 and a GF Value™ of kr23.08 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 2,286 Industrial Products companies, PowerCell Sweden AB ranks worse than 60.02% on this metric.

As of today (2026-07-21), PowerCell Sweden AB's current share price is kr19.82. PowerCell Sweden AB's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was kr6.98. PowerCell Sweden AB's Cyclically Adjusted PB Ratio for today is 2.84.

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

OSTO:PCELL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.48   Med: 5   Max: 17.44
Current: 2.81

During the past years, PowerCell Sweden AB's highest Cyclically Adjusted PB Ratio was 17.44. The lowest was 2.48. And the median was 5.00.

OSTO:PCELL's Cyclically Adjusted PB Ratio is ranked worse than
60.02% of 2286 companies
in the Industrial Products industry
Industry Median: 2.115 vs OSTO:PCELL: 2.81

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.

PowerCell Sweden AB's adjusted book value per share data for the three months ended in Jun. 2026 was kr5.112. 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 kr6.98 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


PowerCell Sweden AB  (OSTO:PCELL) 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.


PowerCell Sweden AB Cyclically Adjusted PB Ratio Related Terms


PowerCell Sweden AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for PowerCell Sweden 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.

PowerCell Sweden AB Cyclically Adjusted PB Ratio Chart

PowerCell Sweden 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 7.76 5.75 4.44

PowerCell Sweden AB Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 3.86 4.76 4.44 2.78 3.30

OSTO:PCELL vs VRT, BE, HUBB: Cyclically Adjusted PB Ratio Comparison

For the Electrical Equipment & Parts subindustry, PowerCell Sweden 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.


PowerCell Sweden AB Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, PowerCell Sweden AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


OSTO:PCELL
76GF Score
PowerCell Sweden AB OSTO:PCELL
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PowerCell Sweden 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=19.82/6.98
=2.84

* 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.

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

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

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=5.112/134.1100*134.1100
=5.112

Current CPI (Jun. 2026) = 134.1100.

PowerCell Sweden AB Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.717 101.138 0.951
201612 0.772 102.022 1.015
201703 0.460 102.022 0.605
201706 4.217 102.752 5.504
201709 3.970 103.279 5.155
201712 3.652 103.793 4.719
201803 3.299 103.962 4.256
201806 2.901 104.875 3.710
201809 2.692 105.679 3.416
201812 2.453 105.912 3.106
201903 2.063 105.886 2.613
201906 11.876 106.742 14.921
201909 11.689 107.214 14.621
201912 10.898 107.766 13.562
202003 11.050 106.563 13.906
202006 10.199 107.498 12.724
202009 9.743 107.635 12.139
202012 8.775 108.296 10.867
202103 8.459 108.360 10.469
202106 7.963 108.928 9.804
202109 7.782 110.338 9.459
202112 7.354 112.486 8.768
202203 6.914 114.825 8.075
202206 6.611 118.384 7.489
202209 6.259 122.296 6.864
202212 6.384 126.365 6.775
202303 5.957 127.042 6.288
202306 5.570 129.407 5.772
202309 5.479 130.224 5.643
202312 5.282 131.912 5.370
202403 4.829 132.205 4.899
202406 4.697 132.716 4.746
202409 4.396 132.304 4.456
202412 7.146 132.987 7.206
202503 6.894 132.825 6.961
202506 7.303 133.699 7.325
202509 7.062 133.480 7.095
202512 6.677 133.390 6.713
202603 5.989 133.560 6.014
202606 5.112 134.110 5.112

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 2.84 mean?
PowerCell Sweden AB (OSTO:PCELL) has a Cyclically Adjusted PB Ratio of 2.84 as of Jul. 21, 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 PowerCell Sweden AB and its competitors. This is 43% below median its historical median of 5.00. Over the past decade, PowerCell Sweden AB's Cyclically Adjusted PB Ratio has ranged from 2.48 to 17.44. According to the industry distribution chart, PowerCell Sweden AB ranks #1372 out of 2286 companies in the Industrial Products industry, placing it in the top 60%.
Is PowerCell Sweden AB's Cyclically Adjusted PB Ratio too high?
PowerCell Sweden AB's current Cyclically Adjusted PB Ratio of 2.84 is 43% below median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 2.48 to a high of 17.44. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.12. PowerCell Sweden AB's value of 2.84 is 34.3% above this industry median. Based on the distribution chart, PowerCell Sweden AB ranks #1372 out of 2286 companies in the Industrial Products industry, which is below the industry midpoint. Overall, PowerCell Sweden AB has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PowerCell Sweden AB's Cyclically Adjusted PB Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, PowerCell Sweden AB ranks #1372 out of 2286 companies for Cyclically Adjusted PB Ratio. This places PowerCell Sweden AB in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.12. PowerCell Sweden AB's value of 2.84 is 34.3% above this benchmark. Historically, PowerCell Sweden AB's own Cyclically Adjusted PB Ratio has ranged from 2.48 to 17.44 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 2.12, PowerCell Sweden 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 an Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.12, based on 2,286 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. PowerCell Sweden AB's current Cyclically Adjusted PB Ratio of 2.84 is 34.3% 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 PowerCell Sweden AB and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PowerCell Sweden AB's current Cyclically Adjusted PB Ratio is 2.84, which is 43% below median its own 10-year median of 5.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PowerCell Sweden AB stock overvalued right now?
Based on GuruFocus' analysis, PowerCell Sweden AB (OSTO:PCELL) is currently considered Modestly Undervalued. The stock's GF Value™ is kr23.08, compared to a current price of kr19.82 — trading 14.1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.84, which is 43% below median its 10-year median of 5.00 and 34.3% above the Industrial Products industry median of 2.12. PowerCell Sweden AB's overall GF Score™ is 76/100 with 6 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 PowerCell Sweden AB (OSTO:PCELL), the current Cyclically Adjusted PB Ratio is 2.84 as of Jul. 21, 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 PowerCell Sweden AB (OSTO:PCELL) Overvalued in 2026?

Based on GuruFocus' analysis, PowerCell Sweden AB stock appears to be undervalued. The current stock price of kr19.82 is trading 14.1% below its estimated GF Value™ of kr23.08. GuruFocus considers PowerCell Sweden AB to be Modestly Undervalued.

Key valuation signals for OSTO:PCELL:

  • Cyclically Adjusted PB Ratio: 2.84 (43% below median its 10-year median of 5.00)
  • GF Value™: kr23.08 vs. price of kr19.82 (14.1% below fair value)
  • GF Score™: 76/100 with 6 warning signs
  • Industry Position: 34.3% above the Industrial Products median (#1372 of 2286)

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


PowerCell Sweden AB Business Description

Other Exchanges PCELF:USA0G9R:UK27W:Germany
Address Ruskvadersgatan 12, Gothenburg, SWE, 418 34
PowerCell Sweden AB is a Swedish company active in the field of clean energy. It develops, manufactures, and produces environmentally friendly electrical power systems for aviation, power generation, marine, off-road, and on-road segments. The company has developed a system of fuel cell platforms that are powered by pure or reformed hydrogen gas and generate electricity and heat without releasing any emissions other than water. It also provides services like consultation, support, modification, and turnkey solutions to its clients for transitioning to hydrogen electrification. Geographically, the company generates maximum revenue from its business in Germany, and the rest from the United Kingdom, Norway, the United States, Sweden, the Netherlands, Italy, and other regions.
76GF Score

Get the complete analysis for OSTO:PCELL

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

kr19.82
Price
kr23.08
GF Value