Sedana Medical AB (OSTO:SEDANA) Cyclically Adjusted PB Ratio: 1.45 (As of Sep. 10, 2026) — Near 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:SEDANA Sedana Medical AB OSTO:SEDANA
73 GF Score
Price kr10.68
GF Value kr16.97
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is Sedana Medical AB Cyclically Adjusted PB Ratio?

Sedana Medical AB OSTO:SEDANA +1.52% 73 Cyclically Adjusted PB Ratio is 1.45 as of Sep. 10, 2026, which is 6% above its 10-year median of 1.37. GuruFocus rates OSTO:SEDANA with a GF Score™ of 73/100 and a GF Value™ of kr16.97 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 512 Medical Devices & Instruments companies, Sedana Medical AB ranks better than 57.03% on this metric.

As of today (2026-09-10), Sedana Medical AB's current share price is kr10.68. Sedana Medical AB's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was kr7.38. Sedana Medical AB's Cyclically Adjusted PB Ratio for today is 1.45.

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

OSTO:SEDANA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.12   Med: 1.37   Max: 1.83
Current: 1.51

During the past years, Sedana Medical AB's highest Cyclically Adjusted PB Ratio was 1.83. The lowest was 1.12. And the median was 1.37.

OSTO:SEDANA's Cyclically Adjusted PB Ratio is ranked better than
57.03% of 512 companies
in the Medical Devices & Instruments industry
Industry Median: 1.805 vs OSTO:SEDANA: 1.51

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.

Sedana Medical AB's adjusted book value per share data for the three months ended in Jun. 2026 was kr8.944. 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 kr7.38 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sedana Medical AB  (OSTO:SEDANA) 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.


Sedana Medical AB Cyclically Adjusted PB Ratio Related Terms


Sedana Medical AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Sedana Medical 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.

Sedana Medical AB Cyclically Adjusted PB Ratio Chart

Sedana Medical 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 1.42

Sedana Medical 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 0.00 1.83 1.42 1.27 1.12

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

For the Medical Devices subindustry, Sedana Medical 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.


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

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

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


OSTO:SEDANA
73GF Score
Sedana Medical AB OSTO:SEDANA
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sedana Medical 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=10.68/7.38
=1.45

* 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.

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

For example, Sedana Medical 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)
=8.944/134.6100*134.6100
=8.944

Current CPI (Jun. 2026) = 134.6100.

Sedana Medical AB Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.000 101.138 0.000
201612 0.018 102.022 0.024
201703 0.011 102.022 0.015
201706 1.608 102.752 2.107
201709 1.704 103.279 2.221
201712 1.705 103.793 2.211
201803 1.687 103.962 2.184
201806 2.940 104.875 3.774
201809 2.911 105.679 3.708
201812 2.843 105.912 3.613
201903 2.789 105.886 3.546
201906 2.725 106.742 3.436
201909 2.639 107.214 3.313
201912 6.260 107.766 7.819
202003 6.269 106.563 7.919
202006 6.240 107.498 7.814
202009 6.101 107.635 7.630
202012 5.978 108.296 7.431
202103 5.897 108.360 7.326
202106 5.711 108.928 7.058
202109 5.548 110.338 6.768
202112 11.088 112.486 13.269
202203 10.894 114.825 12.771
202206 10.813 118.384 12.295
202209 10.731 122.296 11.811
202212 10.360 126.365 11.036
202303 10.192 127.042 10.799
202306 10.186 129.407 10.596
202309 10.129 130.224 10.470
202312 9.765 131.912 9.965
202403 9.951 132.205 10.132
202406 9.787 132.716 9.927
202409 9.563 132.304 9.730
202412 9.647 132.987 9.765
202503 9.411 132.825 9.538
202506 9.264 133.699 9.327
202509 9.145 133.480 9.222
202512 9.068 133.390 9.151
202603 9.039 133.560 9.110
202606 8.944 134.610 8.944

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 1.45 mean?
Sedana Medical AB (OSTO:SEDANA) has a Cyclically Adjusted PB Ratio of 1.45 as of Sep. 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 Sedana Medical AB and its competitors. This is near median its historical median of 1.37. Over the past decade, Sedana Medical AB's Cyclically Adjusted PB Ratio has ranged from 1.12 to 1.83. According to the industry distribution chart, Sedana Medical AB ranks #220 out of 512 companies in the Medical Devices & Instruments industry, placing it in the top 43%.
Is Sedana Medical AB's Cyclically Adjusted PB Ratio too high?
Sedana Medical AB's current Cyclically Adjusted PB Ratio of 1.45 is near median its 10-year median of 1.37. Over the past 10 years, this metric has ranged from a low of 1.12 to a high of 1.83. The Medical Devices & Instruments industry median Cyclically Adjusted PB Ratio is 1.81. Sedana Medical AB's value of 1.45 is 19.7% below this industry median. Based on the distribution chart, Sedana Medical AB ranks #220 out of 512 companies in the Medical Devices & Instruments industry, which is above the industry midpoint. Overall, Sedana Medical AB has a GF Score™ of 73/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sedana Medical AB's Cyclically Adjusted PB Ratio compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Sedana Medical AB ranks #220 out of 512 companies for Cyclically Adjusted PB Ratio. This puts Sedana Medical AB in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.81. Sedana Medical AB's value of 1.45 is 19.7% below this benchmark. Historically, Sedana Medical AB's own Cyclically Adjusted PB Ratio has ranged from 1.12 to 1.83 over the past decade. While the company's 10-year median is 1.37 vs. the industry median of 1.81, Sedana Medical 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 512 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. Sedana Medical AB's current Cyclically Adjusted PB Ratio of 1.45 is 19.7% 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 Sedana Medical 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. Sedana Medical AB's current Cyclically Adjusted PB Ratio is 1.45, which is near median its own 10-year median of 1.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sedana Medical AB stock overvalued right now?
Based on GuruFocus' analysis, Sedana Medical AB (OSTO:SEDANA) is currently considered Significantly Undervalued. The stock's GF Value™ is kr16.97, compared to a current price of kr10.68 — trading 37.1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.45, which is near median its 10-year median of 1.37 and 19.7% below the Medical Devices & Instruments industry median of 1.81. Sedana Medical AB's overall GF Score™ is 73/100 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 Sedana Medical AB (OSTO:SEDANA), the current Cyclically Adjusted PB Ratio is 1.45 as of Sep. 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 Sedana Medical AB (OSTO:SEDANA) Overvalued in 2026?

Based on GuruFocus' analysis, Sedana Medical AB stock appears to be undervalued. The current stock price of kr10.68 is trading 37.1% below its estimated GF Value™ of kr16.97. GuruFocus considers Sedana Medical AB to be Significantly Undervalued.

Key valuation signals for OSTO:SEDANA:

  • Cyclically Adjusted PB Ratio: 1.45 (near median its 10-year median of 1.37)
  • GF Value™: kr16.97 vs. price of kr10.68 (37.1% below fair value)
  • GF Score™: 73/100 with 2 warning signs
  • Industry Position: 19.7% below the Medical Devices & Instruments median (#220 of 512)

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


Sedana Medical AB Business Description

Other Exchanges 7D2A:Germany
Address Svardvagen 3A, Danderyd, SWE, SE-182 33
Sedana Medical AB is a Sweden-based medical technology company. It is ais a pioneer medtech and pharmaceutical company focused on inhaled sedation to improve the patient's life during and beyond sedation. Through the combined strengths of the medical device Sedaconda ACD and the pharmaceutical Sedaconda (isoflurane), Sedana Medical provides inhaled sedation for mechanically ventilated patients in intensive care. Sedana Medical has direct sales in Benelux, France, Germany, Great Britain, and Spain. In other parts of Europe, as well as in Asia, Australia, Canada, and South and Central America, the company works with external distributors.
73GF Score

Get the complete analysis for OSTO:SEDANA

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

kr10.68
Price
kr16.97
GF Value