SCTBF (Securitas AB) Cyclically Adjusted PB Ratio: 3.19 (As of Jul. 26, 2026) — Near Median

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SCTBF Securitas AB SCTBF
74 GF Score
Price $17.97
GF Value $12.61
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Securitas AB Cyclically Adjusted PB Ratio?

Securitas AB SCTBF 74 Cyclically Adjusted PB Ratio is 3.19 as of Jul. 26, 2026, which is 1% below its 10-year median of 3.22. GuruFocus rates SCTBF with a GF Score™ of 74/100 and a GF Value™ of $12.61 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 730 Business Services companies, Securitas AB ranks worse than 69.86% on this metric.

As of today (2026-07-26), Securitas AB's current share price is $17.97. Securitas AB's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $5.64. Securitas AB's Cyclically Adjusted PB Ratio for today is 3.19.

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

SCTBF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.85   Med: 3.22   Max: 5.27
Current: 2.59

During the past years, Securitas AB's highest Cyclically Adjusted PB Ratio was 5.27. The lowest was 1.85. And the median was 3.22.

SCTBF's Cyclically Adjusted PB Ratio is ranked worse than
69.86% of 730 companies
in the Business Services industry
Industry Median: 1.56 vs SCTBF: 2.59

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.

Securitas AB's adjusted book value per share data for the three months ended in Jun. 2026 was $7.545. 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 $5.64 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Securitas AB  (OTCPK:SCTBF) 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.


Securitas AB Cyclically Adjusted PB Ratio Related Terms


Securitas AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Securitas 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.

Securitas AB Cyclically Adjusted PB Ratio Chart

Securitas 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 2.97 2.03 2.03 2.58 2.61

Securitas 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 2.58 2.55 2.61 2.76 2.73

SCTBF vs ALLE, MSA, ADT: Cyclically Adjusted PB Ratio Comparison

For the Security & Protection Services subindustry, Securitas 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.


Securitas AB Cyclically Adjusted PB Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, Securitas AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


SCTBF
74GF Score
Securitas AB SCTBF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Securitas 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=17.97/5.64
=3.19

* 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.

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

For example, Securitas 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)
=7.545/134.1100*134.1100
=7.545

Current CPI (Jun. 2026) = 134.1100.

Securitas AB Quarterly Data

Book Value per Share CPI Adj_Book
201609 3.544 101.138 4.699
201612 3.652 102.022 4.801
201703 3.803 102.022 4.999
201706 3.649 102.752 4.763
201709 4.032 103.279 5.236
201712 4.212 103.793 5.442
201803 4.547 103.962 5.866
201806 4.249 104.875 5.433
201809 4.278 105.679 5.429
201812 4.447 105.912 5.631
201903 4.613 105.886 5.843
201906 4.331 106.742 5.441
201909 4.538 107.214 5.676
201912 4.727 107.766 5.883
202003 4.856 106.563 6.111
202006 4.914 107.498 6.131
202009 5.253 107.635 6.545
202012 4.821 108.296 5.970
202103 5.134 108.360 6.354
202106 4.913 108.928 6.049
202109 5.103 110.338 6.202
202112 4.983 112.486 5.941
202203 5.256 114.825 6.139
202206 5.373 118.384 6.087
202209 5.654 122.296 6.200
202212 6.126 126.365 6.501
202303 6.241 127.042 6.588
202306 6.141 129.407 6.364
202309 6.086 130.224 6.268
202312 6.244 131.912 6.348
202403 6.700 132.205 6.797
202406 6.442 132.716 6.510
202409 6.594 132.304 6.684
202412 6.781 132.987 6.838
202503 6.980 132.825 7.048
202506 6.933 133.699 6.954
202509 7.114 133.480 7.148
202512 7.331 133.390 7.371
202603 7.451 133.560 7.482
202606 7.545 134.110 7.545

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 3.19 mean?
Securitas AB (SCTBF) has a Cyclically Adjusted PB Ratio of 3.19 as of Jul. 26, 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 Securitas AB and its competitors. This is near median its historical median of 3.22. Over the past decade, Securitas AB's Cyclically Adjusted PB Ratio has ranged from 1.85 to 5.27. According to the industry distribution chart, Securitas AB ranks #510 out of 730 companies in the Business Services industry, placing it in the top 69.9%.
Is Securitas AB's Cyclically Adjusted PB Ratio too high?
Securitas AB's current Cyclically Adjusted PB Ratio of 3.19 is near median its 10-year median of 3.22. Over the past 10 years, this metric has ranged from a low of 1.85 to a high of 5.27. The Business Services industry median Cyclically Adjusted PB Ratio is 1.56. Securitas AB's value of 3.19 is 104.5% above this industry median. Based on the distribution chart, Securitas AB ranks #510 out of 730 companies in the Business Services industry, which is below the industry midpoint. Overall, Securitas AB has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Securitas AB's Cyclically Adjusted PB Ratio compare to ALLE and MSA?
According to the Business Services industry distribution chart, Securitas AB ranks #510 out of 730 companies for Cyclically Adjusted PB Ratio. This places Securitas AB in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.56. Securitas AB's value of 3.19 is 104.5% above this benchmark. Historically, Securitas AB's own Cyclically Adjusted PB Ratio has ranged from 1.85 to 5.27 over the past decade. While the company's 10-year median is 3.22 vs. the industry median of 1.56, Securitas 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 Business Services company?
The median Cyclically Adjusted PB Ratio among Business Services companies is 1.56, based on 730 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. Securitas AB's current Cyclically Adjusted PB Ratio of 3.19 is 104.5% 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 Securitas AB and its competitors. For the Business Services industry, the median Cyclically Adjusted PB Ratio is 1.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Securitas AB's current Cyclically Adjusted PB Ratio is 3.19, which is near median its own 10-year median of 3.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Securitas AB stock overvalued right now?
Based on GuruFocus' analysis, Securitas AB (SCTBF) is currently considered Significantly Overvalued. The stock's GF Value™ is $12.61, compared to a current price of $17.97 — trading 42.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.19, which is near median its 10-year median of 3.22 and 104.5% above the Business Services industry median of 1.56. Securitas AB's overall GF Score™ is 74/100 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 Securitas AB (SCTBF), the current Cyclically Adjusted PB Ratio is 3.19 as of Jul. 26, 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 Securitas AB (SCTBF) Overvalued in 2026?

Based on GuruFocus' analysis, Securitas AB stock appears to be overvalued. The current stock price of $17.97 is trading 42.5% above its estimated GF Value™ of $12.61. GuruFocus considers Securitas AB to be Significantly Overvalued.

Key valuation signals for SCTBF:

  • Cyclically Adjusted PB Ratio: 3.19 (near median its 10-year median of 3.22)
  • GF Value™: $12.61 vs. price of $17.97 (42.5% above fair value)
  • GF Score™: 74/100 with 2 warning signs
  • Industry Position: 104.5% above the Business Services median (#510 of 730)

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


Securitas AB Business Description

Address Lindhagensplan 70, PO Box 12307, Stockholm, SWE, SE-102 28
Securitas AB is an international security services, consulting, and investigation group based in Stockholm, Sweden. Its activities are centered on manned security, mobile security, monitoring, and risk assessment. Securitas operates in more than 50 countries and is the security firm in manned guarding. The company has three segments: Securitas North America, Securitas Europe, and Securitas Ibero-America. It generates maximum revenue from Securitas Europe.
74GF Score

Get the complete analysis for SCTBF

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

$17.97
Price
$12.61
GF Value