Stillfront Group AB (OSTO:SF) Cyclically Adjusted PB Ratio: (As of Jul. 24, 2026)

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:SF Stillfront Group AB OSTO:SF
72 GF Score
Price kr4.20
GF Value kr6.13
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Stillfront Group AB Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Stillfront Group AB  (OSTO:SF) 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.


Stillfront Group AB Cyclically Adjusted PB Ratio Related Terms


Stillfront Group AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Stillfront Group 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.

Stillfront Group AB Cyclically Adjusted PB Ratio Chart

Stillfront Group 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 0.56 0.42

Stillfront Group 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 0.46 0.42 0.42 0.24 0.00

OSTO:SF vs NTES, EA, TTWO: Cyclically Adjusted PB Ratio Comparison

For the Electronic Gaming & Multimedia subindustry, Stillfront Group 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.


Stillfront Group AB Cyclically Adjusted PB Ratio vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Stillfront Group AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


OSTO:SF
72GF Score
Stillfront Group AB OSTO:SF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Stillfront Group 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.

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

For example, Stillfront Group 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)
=9.702/134.1100*134.1100
=9.702

Current CPI (Jun. 2026) = 134.1100.

Stillfront Group AB Quarterly Data

Book Value per Share CPI Adj_Book
201609 1.342 101.138 1.780
201612 1.994 102.022 2.621
201703 1.940 102.022 2.550
201706 2.318 102.752 3.025
201709 2.243 103.279 2.913
201712 0.885 103.793 1.144
201803 3.274 103.962 4.223
201806 3.412 104.875 4.363
201809 3.658 105.679 4.642
201812 3.995 105.912 5.059
201903 4.306 105.886 5.454
201906 5.956 106.742 7.483
201909 6.624 107.214 8.286
201912 6.553 107.766 8.155
202003 12.062 106.563 15.180
202006 15.096 107.498 18.833
202009 15.119 107.635 18.838
202012 15.720 108.296 19.467
202103 18.109 108.360 22.412
202106 18.717 108.928 23.044
202109 20.646 110.338 25.094
202112 22.436 112.486 26.749
202203 24.031 114.825 28.067
202206 26.853 118.384 30.420
202209 28.971 122.296 31.770
202212 27.742 126.365 29.442
202303 27.934 127.042 29.488
202306 28.919 129.407 29.970
202309 28.720 130.224 29.577
202312 26.716 131.912 27.161
202403 28.314 132.205 28.722
202406 28.755 132.716 29.057
202409 27.074 132.304 27.444
202412 14.898 132.987 15.024
202503 13.813 132.825 13.947
202506 12.765 133.699 12.804
202509 12.837 133.480 12.898
202512 8.050 133.390 8.093
202603 8.617 133.560 8.652
202606 9.702 134.110 9.702

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.

Is Stillfront Group AB (OSTO:SF) Overvalued in 2026?

Based on GuruFocus' analysis, Stillfront Group AB stock appears to be undervalued. The current stock price of kr4.20 is trading 31.5% below its estimated GF Value™ of kr6.13. GuruFocus considers Stillfront Group AB to be Possible Value Trap.

Key valuation signals for OSTO:SF:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: kr6.13 vs. price of kr4.20 (31.5% below fair value)
  • GF Score™: 72/100 with 4 warning signs

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


Stillfront Group AB Business Description

Other Exchanges STLFF:USA0A2A:UK1YS:Germany
Address Sveavagen 21, Stockholm, SWE, SE-111 34
Stillfront Group AB is a game development company focusing on the free-to-play segment. The company has a diversified portfolio of games and focuses on games with long lifecycles and loyal users. Stillfront Group consists of game studios in different countries, and the company's main markets are the USA, Europe, and the MENA & APAC regions. The studios owned by the group include Goodgame Studios, Storm8, and Babil Games.
72GF Score

Get the complete analysis for OSTO:SF

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

kr4.20
Price
kr6.13
GF Value