Serstech AB (OSTO:SERT) Cyclically Adjusted PB Ratio: 1.02 (As of Jul. 24, 2026) — Near Median

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OSTO:SERT Serstech AB OSTO:SERT
27 GF Score
Price kr0.52
GF Value kr0.40
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Serstech AB Cyclically Adjusted PB Ratio?

Serstech AB OSTO:SERT -10.92% 27 Cyclically Adjusted PB Ratio is 1.02 as of Jul. 24, 2026, which is 1% above its 10-year median of 1.01. GuruFocus rates OSTO:SERT with a GF Score™ of 27/100 and a GF Value™ of kr0.40 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,273 Chemicals companies, Serstech AB ranks better than 64.41% on this metric.

As of today (2026-07-24), Serstech AB's current share price is kr0.522. Serstech AB's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was kr0.51. Serstech AB's Cyclically Adjusted PB Ratio for today is 1.02.

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

OSTO:SERT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.35   Med: 1.01   Max: 2.77
Current: 1.02

During the past years, Serstech AB's highest Cyclically Adjusted PB Ratio was 2.77. The lowest was 0.35. And the median was 1.01.

OSTO:SERT's Cyclically Adjusted PB Ratio is ranked better than
64.41% of 1273 companies
in the Chemicals industry
Industry Median: 1.66 vs OSTO:SERT: 1.02

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.

Serstech AB's adjusted book value per share data for the three months ended in Jun. 2026 was kr0.142. 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 kr0.51 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Serstech AB  (OSTO:SERT) 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.


Serstech AB Cyclically Adjusted PB Ratio Related Terms


Serstech AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Serstech 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.

Serstech AB Cyclically Adjusted PB Ratio Chart

Serstech 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 0.40 0.83 2.02 1.02

Serstech 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 1.13 0.96 1.02 0.70 0.87

OSTO:SERT vs DOW: Cyclically Adjusted PB Ratio Comparison

For the Chemicals subindustry, Serstech 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.


Serstech AB Cyclically Adjusted PB Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Serstech AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


OSTO:SERT
27GF Score
Serstech AB OSTO:SERT
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Serstech 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.522/0.51
=1.02

* 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.

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

For example, Serstech 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)
=0.142/134.1100*134.1100
=0.142

Current CPI (Jun. 2026) = 134.1100.

Serstech AB Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.590 101.138 0.782
201612 0.601 102.022 0.790
201703 0.590 102.022 0.776
201706 0.655 102.752 0.855
201709 0.677 103.279 0.879
201712 0.560 103.793 0.724
201803 0.621 103.962 0.801
201806 0.595 104.875 0.761
201809 0.515 105.679 0.654
201812 0.513 105.912 0.650
201903 0.469 105.886 0.594
201906 0.428 106.742 0.538
201909 0.397 107.214 0.497
201912 0.578 107.766 0.719
202003 0.538 106.563 0.677
202006 0.461 107.498 0.575
202009 0.484 107.635 0.603
202012 0.496 108.296 0.614
202103 0.531 108.360 0.657
202106 0.638 108.928 0.785
202109 0.588 110.338 0.715
202112 0.559 112.486 0.666
202203 0.493 114.825 0.576
202206 0.474 118.384 0.537
202209 0.427 122.296 0.468
202212 0.265 126.365 0.281
202303 0.220 127.042 0.232
202306 0.284 129.407 0.294
202309 0.267 130.224 0.275
202312 0.232 131.912 0.236
202403 0.230 132.205 0.233
202406 0.247 132.716 0.250
202409 0.206 132.304 0.209
202412 0.321 132.987 0.324
202503 0.296 132.825 0.299
202506 0.252 133.699 0.253
202509 0.227 133.480 0.228
202512 0.188 133.390 0.189
202603 0.162 133.560 0.163
202606 0.142 134.110 0.142

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 1.02 mean?
Serstech AB (OSTO:SERT) has a Cyclically Adjusted PB Ratio of 1.02 as of Jul. 24, 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 Serstech AB and its competitors. This is near median its historical median of 1.01. Over the past decade, Serstech AB's Cyclically Adjusted PB Ratio has ranged from 0.35 to 2.77. According to the industry distribution chart, Serstech AB ranks #453 out of 1273 companies in the Chemicals industry, placing it in the top 35.6%.
Is Serstech AB's Cyclically Adjusted PB Ratio too high?
Serstech AB's current Cyclically Adjusted PB Ratio of 1.02 is near median its 10-year median of 1.01. Over the past 10 years, this metric has ranged from a low of 0.35 to a high of 2.77. The Chemicals industry median Cyclically Adjusted PB Ratio is 1.66. Serstech AB's value of 1.02 is 38.6% below this industry median. Based on the distribution chart, Serstech AB ranks #453 out of 1273 companies in the Chemicals industry, which is above the industry midpoint. Overall, Serstech AB has a GF Score™ of 27/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Serstech AB's Cyclically Adjusted PB Ratio compare to DOW?
According to the Chemicals industry distribution chart, Serstech AB ranks #453 out of 1273 companies for Cyclically Adjusted PB Ratio. This puts Serstech AB in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.66. Serstech AB's value of 1.02 is 38.6% below this benchmark. Historically, Serstech AB's own Cyclically Adjusted PB Ratio has ranged from 0.35 to 2.77 over the past decade. While the company's 10-year median is 1.01 vs. the industry median of 1.66, Serstech 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 Chemicals company?
The median Cyclically Adjusted PB Ratio among Chemicals companies is 1.66, based on 1,273 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. Serstech AB's current Cyclically Adjusted PB Ratio of 1.02 is 38.6% 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 Serstech AB and its competitors. For the Chemicals industry, the median Cyclically Adjusted PB Ratio is 1.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Serstech AB's current Cyclically Adjusted PB Ratio is 1.02, which is near median its own 10-year median of 1.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Serstech AB stock overvalued right now?
Based on GuruFocus' analysis, Serstech AB (OSTO:SERT) is currently considered Significantly Overvalued. The stock's GF Value™ is kr0.40, compared to a current price of kr0.52 — trading 30.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.02, which is near median its 10-year median of 1.01 and 38.6% below the Chemicals industry median of 1.66. Serstech AB's overall GF Score™ is 27/100 with 5 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 Serstech AB (OSTO:SERT), the current Cyclically Adjusted PB Ratio is 1.02 as of Jul. 24, 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 Serstech AB (OSTO:SERT) Overvalued in 2026?

Based on GuruFocus' analysis, Serstech AB stock appears to be overvalued. The current stock price of kr0.52 is trading 30.5% above its estimated GF Value™ of kr0.40. GuruFocus considers Serstech AB to be Significantly Overvalued.

Key valuation signals for OSTO:SERT:

  • Cyclically Adjusted PB Ratio: 1.02 (near median its 10-year median of 1.01)
  • GF Value™: kr0.40 vs. price of kr0.52 (30.5% above fair value)
  • GF Score™: 27/100 with 5 warning signs
  • Industry Position: 38.6% below the Chemicals median (#453 of 1273)

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


Serstech AB Business Description

Address Aldermansgatan 13, Lund, SWE, SE-227 64
Serstech AB is engaged in chemical related products which help in the measurement and identification of chemicals. It offers Handheld Raman Spectrometer; Chemdash, Management and Reporting Software and Validated Data-Enriched and Complete Libraries. The company's solutions are used in the pharmaceutical production industry.
27GF Score

Get the complete analysis for OSTO:SERT

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

kr0.52
Price
kr0.40
GF Value