Ensurge Micropower ASA (OSTO:THINO) Cyclically Adjusted PB Ratio: 0.01 (As of Aug. 02, 2026) — 92% Below Median

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OSTO:THINO Ensurge Micropower ASA OSTO:THINO
16 GF Score
Price kr0.66
! 3 Warning Signs
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What is Ensurge Micropower ASA Cyclically Adjusted PB Ratio?

Ensurge Micropower ASA OSTO:THINO 16 Cyclically Adjusted PB Ratio is 0.01 as of Aug. 02, 2026, which is 92% below its 10-year median of 0.12. GuruFocus rates OSTO:THINO with a GF Score™ of 16/100. The stock has 3 warning signs investors should review. Among 1,973 Hardware companies, Ensurge Micropower ASA ranks better than 99.95% on this metric.

As of today (2026-08-02), Ensurge Micropower ASA's current share price is kr0.656. Ensurge Micropower ASA's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was kr94.98. Ensurge Micropower ASA's Cyclically Adjusted PB Ratio for today is 0.01.

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

OSTO:THINO' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.12   Max: 9.08
Current: 0.01

During the past years, Ensurge Micropower ASA's highest Cyclically Adjusted PB Ratio was 9.08. The lowest was 0.01. And the median was 0.12.

OSTO:THINO's Cyclically Adjusted PB Ratio is ranked better than
99.95% of 1973 companies
in the Hardware industry
Industry Median: 2 vs OSTO:THINO: 0.01

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.

Ensurge Micropower ASA's adjusted book value per share data for the three months ended in Mar. 2026 was kr0.075. 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 kr94.98 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ensurge Micropower ASA  (OSTO:THINO) 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.


Ensurge Micropower ASA Cyclically Adjusted PB Ratio Related Terms


Ensurge Micropower ASA Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Ensurge Micropower ASA'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.

Ensurge Micropower ASA Cyclically Adjusted PB Ratio Chart

Ensurge Micropower ASA 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 0.21 0.06 0.00 0.01 0.01

Ensurge Micropower ASA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.01 0.01 0.01 0.01 0.01

OSTO:THINO vs APH, GLW, TEL: Cyclically Adjusted PB Ratio Comparison

For the Electronic Components subindustry, Ensurge Micropower ASA'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.


Ensurge Micropower ASA Cyclically Adjusted PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Ensurge Micropower ASA's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Ensurge Micropower ASA's Cyclically Adjusted PB Ratio falls into.


OSTO:THINO
16GF Score
Ensurge Micropower ASA OSTO:THINO
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Ensurge Micropower ASA 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.

Ensurge Micropower ASA's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.656/94.98
=0.01

* 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.

Ensurge Micropower ASA's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Ensurge Micropower ASA's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.075/141.0300*141.0300
=0.075

Current CPI (Mar. 2026) = 141.0300.

Ensurge Micropower ASA Quarterly Data

Book Value per Share CPI Adj_Book
201606 225.338 103.800 306.160
201609 178.314 104.200 241.340
201612 342.038 104.400 462.046
201703 292.914 105.000 393.425
201706 239.698 105.800 319.514
201709 173.809 105.900 231.466
201712 360.329 106.100 478.956
201803 312.796 107.300 411.124
201806 284.002 108.500 369.150
201809 251.226 109.500 323.565
201812 171.807 109.800 220.673
201903 136.449 110.400 174.306
201906 102.777 110.600 131.055
201909 79.558 111.100 100.991
201912 -59.177 111.300 -74.984
202003 -77.489 111.200 -98.276
202006 -30.029 112.100 -37.779
202009 -21.993 112.900 -27.473
202012 -17.847 112.900 -22.294
202103 -12.206 114.600 -15.021
202106 -12.959 115.300 -15.851
202109 -1.897 117.500 -2.277
202112 -2.988 118.900 -3.544
202203 -1.508 119.800 -1.775
202206 -2.660 122.600 -3.060
202209 -3.462 125.600 -3.887
202212 -3.148 125.900 -3.526
202303 -1.002 127.600 -1.107
202306 -1.190 130.400 -1.287
202309 -0.383 129.800 -0.416
202312 -0.264 131.900 -0.282
202403 -0.196 132.600 -0.208
202406 -0.103 133.800 -0.109
202409 -0.033 133.700 -0.035
202412 -0.056 134.800 -0.059
202503 -0.035 136.100 -0.036
202506 0.015 137.800 0.015
202509 0.050 138.500 0.051
202512 0.125 139.100 0.127
202603 0.075 141.030 0.075

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 0.01 mean?
Ensurge Micropower ASA (OSTO:THINO) has a Cyclically Adjusted PB Ratio of 0.01 as of Aug. 02, 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 Ensurge Micropower ASA and its competitors. This is 92% below median its historical median of 0.12. Over the past decade, Ensurge Micropower ASA's Cyclically Adjusted PB Ratio has ranged from 0.01 to 9.08. According to the industry distribution chart, Ensurge Micropower ASA ranks #1 out of 1973 companies in the Hardware industry, placing it in the top 0.099999999999994%.
Is Ensurge Micropower ASA's Cyclically Adjusted PB Ratio too high?
Ensurge Micropower ASA's current Cyclically Adjusted PB Ratio of 0.01 is 92% below median its 10-year median of 0.12. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 9.08. The Hardware industry median Cyclically Adjusted PB Ratio is 2.00. Ensurge Micropower ASA's value of 0.01 is 99.5% below this industry median. Based on the distribution chart, Ensurge Micropower ASA ranks #1 out of 1973 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Ensurge Micropower ASA has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Ensurge Micropower ASA's Cyclically Adjusted PB Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Ensurge Micropower ASA ranks #1 out of 1973 companies for Cyclically Adjusted PB Ratio. This places Ensurge Micropower ASA in the top 0% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 2.00. Ensurge Micropower ASA's value of 0.01 is 99.5% below this benchmark. Historically, Ensurge Micropower ASA's own Cyclically Adjusted PB Ratio has ranged from 0.01 to 9.08 over the past decade. While the company's 10-year median is 0.12 vs. the industry median of 2.00, Ensurge Micropower ASA 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 Hardware company?
The median Cyclically Adjusted PB Ratio among Hardware companies is 2.00, based on 1,973 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. Ensurge Micropower ASA's current Cyclically Adjusted PB Ratio of 0.01 is 99.5% 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 Ensurge Micropower ASA and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ensurge Micropower ASA's current Cyclically Adjusted PB Ratio is 0.01, which is 92% below median its own 10-year median of 0.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ensurge Micropower ASA stock overvalued right now?
Ensurge Micropower ASA (OSTO:THINO) has a current Cyclically Adjusted PB Ratio of 0.01. The current Cyclically Adjusted PB Ratio is 0.01, which is 92% below median its 10-year median of 0.12 and 99.5% below the Hardware industry median of 2.00. Ensurge Micropower ASA's overall GF Score™ is 16/100 with 3 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 Ensurge Micropower ASA (OSTO:THINO), the current Cyclically Adjusted PB Ratio is 0.01 as of Aug. 02, 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.

Ensurge Micropower ASA Business Description

Address Kongens Gate 6, Oslo, NOR, 0153
Ensurge Micropower ASA provides ultrathin, flexible, and safe energy storage solutions for wearable devices, connected sensors, and beyond. Its solid-state lithium battery (SSLB) technology is positioned to enable the production of powerful, lightweight, and cost-effective rechargeable batteries for diverse applications, such as in hearables, sports and fitness wearables, home and industrial connected devices, and medical wearables, among others.
16GF Score

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

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