Scandic Hotels Group AB (OSTO:SHOT) Cyclically Adjusted PB Ratio: 2.80 (As of Aug. 07, 2026) — 22% Above Median

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OSTO:SHOT Scandic Hotels Group AB OSTO:SHOT
86 GF Score
Price kr83.10
GF Value kr78.29
Valuation Fairly Valued
! 5 Warning Signs
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What is Scandic Hotels Group AB Cyclically Adjusted PB Ratio?

Scandic Hotels Group AB OSTO:SHOT -0.95% 86 Cyclically Adjusted PB Ratio is 2.80 as of Aug. 07, 2026, which is 22% above its 10-year median of 2.29. GuruFocus rates OSTO:SHOT with a GF Score™ of 86/100 and a GF Value™ of kr78.29 (Fairly Valued). The stock has 5 warning signs investors should review. Among 643 Travel & Leisure companies, Scandic Hotels Group AB ranks worse than 75.89% on this metric.

As of today (2026-08-07), Scandic Hotels Group AB's current share price is kr83.10. Scandic Hotels Group AB's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was kr29.70. Scandic Hotels Group AB's Cyclically Adjusted PB Ratio for today is 2.80.

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

OSTO:SHOT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.26   Med: 2.29   Max: 3.16
Current: 2.83

During the past years, Scandic Hotels Group AB's highest Cyclically Adjusted PB Ratio was 3.16. The lowest was 1.26. And the median was 2.29.

OSTO:SHOT's Cyclically Adjusted PB Ratio is ranked worse than
75.89% of 643 companies
in the Travel & Leisure industry
Industry Median: 1.2 vs OSTO:SHOT: 2.83

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.

Scandic Hotels Group AB's adjusted book value per share data for the three months ended in Jun. 2026 was kr12.853. 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 kr29.70 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Scandic Hotels Group AB  (OSTO:SHOT) 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.


Scandic Hotels Group AB Cyclically Adjusted PB Ratio Related Terms


Scandic Hotels Group AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Scandic Hotels 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.

Scandic Hotels Group AB Cyclically Adjusted PB Ratio Chart

Scandic Hotels 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 1.29 2.01 3.08

Scandic Hotels 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 2.47 2.72 3.08 2.78 3.04

OSTO:SHOT vs MAR, HLT, H: Cyclically Adjusted PB Ratio Comparison

For the Lodging subindustry, Scandic Hotels 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.


Scandic Hotels Group AB Cyclically Adjusted PB Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Scandic Hotels Group AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


OSTO:SHOT
86GF Score
Scandic Hotels Group AB OSTO:SHOT
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Scandic Hotels 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.

Scandic Hotels Group AB's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=83.10/29.70
=2.80

* 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.

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

For example, Scandic Hotels 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)
=12.853/134.6100*134.6100
=12.853

Current CPI (Jun. 2026) = 134.6100.

Scandic Hotels Group AB Quarterly Data

Book Value per Share CPI Adj_Book
201609 46.359 101.138 61.702
201612 48.715 102.022 64.276
201703 48.267 102.022 63.685
201706 47.110 102.752 61.716
201709 49.610 103.279 64.660
201712 50.444 103.793 65.421
201803 51.126 103.962 66.198
201806 52.269 104.875 67.089
201809 53.268 105.679 67.851
201812 53.502 105.912 67.999
201903 43.927 105.886 55.843
201906 43.128 106.742 54.388
201909 45.153 107.214 56.691
201912 45.167 107.766 56.418
202003 17.634 106.563 22.275
202006 15.899 107.498 19.909
202009 14.494 107.635 18.126
202012 10.640 108.296 13.225
202103 6.253 108.360 7.768
202106 4.120 108.928 5.091
202109 5.270 110.338 6.429
202112 5.830 112.486 6.977
202203 4.036 114.825 4.731
202206 7.487 118.384 8.513
202209 12.441 122.296 13.694
202212 11.484 126.365 12.233
202303 8.411 127.042 8.912
202306 9.974 129.407 10.375
202309 12.613 130.224 13.038
202312 10.763 131.912 10.983
202403 8.980 132.205 9.143
202406 11.551 132.716 11.716
202409 16.527 132.304 16.815
202412 14.959 132.987 15.142
202503 12.286 132.825 12.451
202506 12.295 133.699 12.379
202509 14.973 133.480 15.100
202512 13.462 133.390 13.585
202603 12.458 133.560 12.556
202606 12.853 134.610 12.853

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 2.80 mean?
Scandic Hotels Group AB (OSTO:SHOT) has a Cyclically Adjusted PB Ratio of 2.80 as of Aug. 07, 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 Scandic Hotels Group AB and its competitors. This is 22% above median its historical median of 2.29. Over the past decade, Scandic Hotels Group AB's Cyclically Adjusted PB Ratio has ranged from 1.26 to 3.16. According to the industry distribution chart, Scandic Hotels Group AB ranks #488 out of 643 companies in the Travel & Leisure industry, placing it in the top 75.9%.
Is Scandic Hotels Group AB's Cyclically Adjusted PB Ratio too high?
Scandic Hotels Group AB's current Cyclically Adjusted PB Ratio of 2.80 is 22% above median its 10-year median of 2.29. Over the past 10 years, this metric has ranged from a low of 1.26 to a high of 3.16. The Travel & Leisure industry median Cyclically Adjusted PB Ratio is 1.20. Scandic Hotels Group AB's value of 2.80 is 133.3% above this industry median. Based on the distribution chart, Scandic Hotels Group AB ranks #488 out of 643 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Scandic Hotels Group AB has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Scandic Hotels Group AB's Cyclically Adjusted PB Ratio compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, Scandic Hotels Group AB ranks #488 out of 643 companies for Cyclically Adjusted PB Ratio. This places Scandic Hotels Group AB in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.20. Scandic Hotels Group AB's value of 2.80 is 133.3% above this benchmark. Historically, Scandic Hotels Group AB's own Cyclically Adjusted PB Ratio has ranged from 1.26 to 3.16 over the past decade. While the company's 10-year median is 2.29 vs. the industry median of 1.20, Scandic Hotels Group 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 a Travel & Leisure company?
The median Cyclically Adjusted PB Ratio among Travel & Leisure companies is 1.20, based on 643 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. Scandic Hotels Group AB's current Cyclically Adjusted PB Ratio of 2.80 is 133.3% 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 Scandic Hotels Group AB and its competitors. For the Travel & Leisure industry, the median Cyclically Adjusted PB Ratio is 1.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Scandic Hotels Group AB's current Cyclically Adjusted PB Ratio is 2.80, which is 22% above median its own 10-year median of 2.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Scandic Hotels Group AB stock overvalued right now?
Based on GuruFocus' analysis, Scandic Hotels Group AB (OSTO:SHOT) is currently considered Fairly Valued. The stock's GF Value™ is kr78.29, compared to a current price of kr83.10 — trading 6.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.80, which is 22% above median its 10-year median of 2.29 and 133.3% above the Travel & Leisure industry median of 1.20. Scandic Hotels Group AB's overall GF Score™ is 86/100 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 Scandic Hotels Group AB (OSTO:SHOT), the current Cyclically Adjusted PB Ratio is 2.80 as of Aug. 07, 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 Scandic Hotels Group AB (OSTO:SHOT) Overvalued in 2026?

Based on GuruFocus' analysis, Scandic Hotels Group AB stock appears to be overvalued. The current stock price of kr83.10 is trading 6.1% above its estimated GF Value™ of kr78.29. GuruFocus considers Scandic Hotels Group AB to be Fairly Valued.

Key valuation signals for OSTO:SHOT:

  • Cyclically Adjusted PB Ratio: 2.80 (22% above median its 10-year median of 2.29)
  • GF Value™: kr78.29 vs. price of kr83.10 (6.1% above fair value)
  • GF Score™: 86/100 with 5 warning signs
  • Industry Position: 133.3% above the Travel & Leisure median (#488 of 643)

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


Scandic Hotels Group AB Business Description

Other Exchanges SHOTs:UK0RD7:UK10H:Germany
Address Sveavagen 167, P.O. Box 6197, Stockholm, SWE, SE-102 33
Scandic Hotels Group AB is a Sweden-based company engaged in the operation of hotels. The company has a network of hotels in the Nordic market, which creates an offering for guests and customers. The majority of the company's revenue comes from the Room, Restaurant and conferences. Its business is operated through various geographical regions which include Sweden, Norway, Finland, and Other European and Central functions.
86GF Score

Get the complete analysis for OSTO:SHOT

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

kr83.10
Price
kr78.29
GF Value