ScandiDos AB (OSTO:SDOS) Cyclically Adjusted PB Ratio: 0.64 (As of Jul. 17, 2026) — 40% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

OSTO:SDOS ScandiDos AB OSTO:SDOS
47 GF Score
Price kr0.83
GF Value kr1.14
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is ScandiDos AB Cyclically Adjusted PB Ratio?

ScandiDos AB OSTO:SDOS 47 Cyclically Adjusted PB Ratio is 0.64 as of Jul. 17, 2026, which is 40% below its 10-year median of 1.06. GuruFocus rates OSTO:SDOS with a GF Score™ of 47/100 and a GF Value™ of kr1.14 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 524 Medical Devices & Instruments companies, ScandiDos AB ranks better than 79.2% on this metric.

As of today (2026-07-17), ScandiDos AB's current share price is kr0.83. ScandiDos AB's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 was kr1.29. ScandiDos AB's Cyclically Adjusted PB Ratio for today is 0.64.

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

OSTO:SDOS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.65   Med: 1.06   Max: 1.61
Current: 0.66

During the past years, ScandiDos AB's highest Cyclically Adjusted PB Ratio was 1.61. The lowest was 0.65. And the median was 1.06.

OSTO:SDOS's Cyclically Adjusted PB Ratio is ranked better than
79.2% of 524 companies
in the Medical Devices & Instruments industry
Industry Median: 1.805 vs OSTO:SDOS: 0.66

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.

ScandiDos AB's adjusted book value per share data for the three months ended in Apr. 2026 was kr0.731. 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 kr1.29 for the trailing ten years ended in Apr. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


ScandiDos AB  (OSTO:SDOS) 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.


ScandiDos AB Cyclically Adjusted PB Ratio Related Terms


ScandiDos AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for ScandiDos 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.

ScandiDos AB Cyclically Adjusted PB Ratio Chart

ScandiDos AB Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.08 1.23 1.03 0.86 0.76

ScandiDos AB Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 0.86 0.93 0.78 0.75 0.76

OSTO:SDOS vs ABT, SYK, MDT: Cyclically Adjusted PB Ratio Comparison

For the Medical Devices subindustry, ScandiDos 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.


ScandiDos AB Cyclically Adjusted PB Ratio vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, ScandiDos AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


OSTO:SDOS
47GF Score
ScandiDos AB OSTO:SDOS
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ScandiDos 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.83/1.29
=0.64

* 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.

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

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

Adj_Book=Book Value per Share/CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=0.731/132.7900*132.7900
=0.731

Current CPI (Apr. 2026) = 132.7900.

ScandiDos AB Quarterly Data

Book Value per Share CPI Adj_Book
201607 1.340 101.080 1.760
201610 1.910 101.485 2.499
201701 1.776 101.326 2.327
201704 1.675 102.615 2.168
201707 1.495 103.301 1.922
201710 1.743 103.202 2.243
201801 1.637 102.925 2.112
201804 1.613 104.390 2.052
201807 1.316 105.420 1.658
201810 1.104 105.545 1.389
201901 1.016 104.855 1.287
201904 0.991 106.627 1.234
201907 1.345 107.166 1.667
201910 1.246 107.243 1.543
202001 1.208 106.215 1.510
202004 1.116 106.240 1.395
202007 1.090 107.731 1.344
202010 1.122 107.539 1.385
202101 1.106 107.897 1.361
202104 1.090 108.624 1.332
202107 1.012 109.218 1.230
202110 0.966 110.562 1.160
202201 0.942 111.876 1.118
202204 0.897 115.534 1.031
202207 0.723 118.489 0.810
202210 0.873 122.561 0.946
202301 0.830 124.942 0.882
202304 0.913 127.632 0.950
202307 0.787 129.464 0.807
202310 0.752 130.549 0.765
202401 0.759 131.720 0.765
202404 0.971 132.601 0.972
202407 0.766 132.831 0.766
202410 0.775 132.604 0.776
202501 0.792 132.943 0.791
202504 0.789 132.981 0.788
202507 0.750 133.957 0.743
202510 0.758 133.830 0.752
202601 0.734 133.560 0.730
202604 0.731 132.790 0.731

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 0.64 mean?
ScandiDos AB (OSTO:SDOS) has a Cyclically Adjusted PB Ratio of 0.64 as of Jul. 17, 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 ScandiDos AB and its competitors. This is 40% below median its historical median of 1.06. Over the past decade, ScandiDos AB's Cyclically Adjusted PB Ratio has ranged from 0.65 to 1.61. According to the industry distribution chart, ScandiDos AB ranks #109 out of 524 companies in the Medical Devices & Instruments industry, placing it in the top 20.8%.
Is ScandiDos AB's Cyclically Adjusted PB Ratio too high?
ScandiDos AB's current Cyclically Adjusted PB Ratio of 0.64 is 40% below median its 10-year median of 1.06. Over the past 10 years, this metric has ranged from a low of 0.65 to a high of 1.61. The Medical Devices & Instruments industry median Cyclically Adjusted PB Ratio is 1.81. ScandiDos AB's value of 0.64 is 64.5% below this industry median. Based on the distribution chart, ScandiDos AB ranks #109 out of 524 companies in the Medical Devices & Instruments industry, which is in the top quartile — a strong position relative to peers. Overall, ScandiDos AB has a GF Score™ of 47/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ScandiDos AB's Cyclically Adjusted PB Ratio compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, ScandiDos AB ranks #109 out of 524 companies for Cyclically Adjusted PB Ratio. This places ScandiDos AB in the top 21% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.81. ScandiDos AB's value of 0.64 is 64.5% below this benchmark. Historically, ScandiDos AB's own Cyclically Adjusted PB Ratio has ranged from 0.65 to 1.61 over the past decade. While the company's 10-year median is 1.06 vs. the industry median of 1.81, ScandiDos AB has consistently been below 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 Medical Devices & Instruments company?
The median Cyclically Adjusted PB Ratio among Medical Devices & Instruments companies is 1.81, based on 524 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. ScandiDos AB's current Cyclically Adjusted PB Ratio of 0.64 is 64.5% below 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 ScandiDos AB and its competitors. For the Medical Devices & Instruments industry, the median Cyclically Adjusted PB Ratio is 1.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ScandiDos AB's current Cyclically Adjusted PB Ratio is 0.64, which is 40% below median its own 10-year median of 1.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ScandiDos AB stock overvalued right now?
Based on GuruFocus' analysis, ScandiDos AB (OSTO:SDOS) is currently considered Modestly Undervalued. The stock's GF Value™ is kr1.14, compared to a current price of kr0.83 — trading 27.2% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.64, which is 40% below median its 10-year median of 1.06 and 64.5% below the Medical Devices & Instruments industry median of 1.81. ScandiDos AB's overall GF Score™ is 47/100 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 ScandiDos AB (OSTO:SDOS), the current Cyclically Adjusted PB Ratio is 0.64 as of Jul. 17, 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 ScandiDos AB (OSTO:SDOS) Overvalued in 2026?

Based on GuruFocus' analysis, ScandiDos AB stock appears to be undervalued. The current stock price of kr0.83 is trading 27.2% below its estimated GF Value™ of kr1.14. GuruFocus considers ScandiDos AB to be Modestly Undervalued.

Key valuation signals for OSTO:SDOS:

  • Cyclically Adjusted PB Ratio: 0.64 (40% below median its 10-year median of 1.06)
  • GF Value™: kr1.14 vs. price of kr0.83 (27.2% below fair value)
  • GF Score™: 47/100 with 4 warning signs
  • Industry Position: 64.5% below the Medical Devices & Instruments median (#109 of 524)

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


ScandiDos AB Business Description

Address Uppsala Science Park, Uppsala, SWE, SE-751 83
ScandiDos AB is engaged in providing radiation therapy for cancer. Its product, Delta4 Phantom+, and its various hardware and software options are at the heart of everything ScandiDos does, from product development and production to marketing, sales, and customer support. With Delta4 HexaMotion ScandiDos has successfully developed a motion platform that recreates the movement of the tumor in six dimensions and independently simulates the patient's breathing movement.
47GF Score

Get the complete analysis for OSTO:SDOS

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

kr0.83
Price
kr1.14
GF Value