SCTBY (Securitas AB) Cyclically Adjusted PB Ratio: 2.85 (As of Jul. 17, 2026) — 12% Below Median

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SCTBY Securitas AB SCTBY
82 GF Score
Price $17.14
GF Value $13.25
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Securitas AB Cyclically Adjusted PB Ratio?

Securitas AB SCTBY +3.21% 82 Cyclically Adjusted PB Ratio is 2.85 as of Jul. 17, 2026, which is 12% below its 10-year median of 3.23. GuruFocus rates SCTBY with a GF Score™ of 82/100 and a GF Value™ of $13.25 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 730 Business Services companies, Securitas AB ranks worse than 71.51% on this metric.

As of today (2026-07-17), Securitas AB's current share price is $17.1389. Securitas AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $6.02. Securitas AB's Cyclically Adjusted PB Ratio for today is 2.85.

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

SCTBY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.85   Med: 3.23   Max: 5.27
Current: 2.85

During the past years, Securitas AB's highest Cyclically Adjusted PB Ratio was 5.27. The lowest was 1.85. And the median was 3.23.

SCTBY's Cyclically Adjusted PB Ratio is ranked worse than
71.51% of 730 companies
in the Business Services industry
Industry Median: 1.565 vs SCTBY: 2.85

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 Mar. 2026 was $7.451. 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 $6.02 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Securitas AB  (OTCPK:SCTBY) 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
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 2.64 2.58 2.55 2.61 2.76

SCTBY 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.


SCTBY
82GF Score
Securitas AB SCTBY
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
=17.1389/6.02
=2.85

* 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 Mar. 2026 is calculated as:

For example, Securitas AB'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)
=7.451/133.5600*133.5600
=7.451

Current CPI (Mar. 2026) = 133.5600.

Securitas AB Quarterly Data

Book Value per Share CPI Adj_Book
201606 3.359 101.019 4.441
201609 3.544 101.138 4.680
201612 3.652 102.022 4.781
201703 3.803 102.022 4.979
201706 3.649 102.752 4.743
201709 4.032 103.279 5.214
201712 4.212 103.793 5.420
201803 4.547 103.962 5.842
201806 4.249 104.875 5.411
201809 4.278 105.679 5.407
201812 4.447 105.912 5.608
201903 4.613 105.886 5.819
201906 4.331 106.742 5.419
201909 4.538 107.214 5.653
201912 4.727 107.766 5.858
202003 4.856 106.563 6.086
202006 4.914 107.498 6.105
202009 5.253 107.635 6.518
202012 4.821 108.296 5.946
202103 5.134 108.360 6.328
202106 4.913 108.928 6.024
202109 5.103 110.338 6.177
202112 4.983 112.486 5.917
202203 5.256 114.825 6.114
202206 5.373 118.384 6.062
202209 5.654 122.296 6.175
202212 6.126 126.365 6.475
202303 6.241 127.042 6.561
202306 6.141 129.407 6.338
202309 6.086 130.224 6.242
202312 6.244 131.912 6.322
202403 6.700 132.205 6.769
202406 6.442 132.716 6.483
202409 6.594 132.304 6.657
202412 6.781 132.987 6.810
202503 6.980 132.825 7.019
202506 6.933 133.699 6.926
202509 7.114 133.480 7.118
202512 7.331 133.390 7.340
202603 7.451 133.560 7.451

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 2.85 mean?
Securitas AB (SCTBY) has a Cyclically Adjusted PB Ratio of 2.85 as of Jul. 17, 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 12% below median its historical median of 3.23. 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 #522 out of 730 companies in the Business Services industry, placing it in the top 71.5%.
Is Securitas AB's Cyclically Adjusted PB Ratio too high?
Securitas AB's current Cyclically Adjusted PB Ratio of 2.85 is 12% below median its 10-year median of 3.23. 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 1.57. Securitas AB's value of 2.85 is 82.1% above this industry median. Based on the distribution chart, Securitas AB ranks #522 out of 730 companies in the Business Services industry, which is below the industry midpoint. Overall, Securitas AB has a GF Score™ of 82/100 and is considered Modestly 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 #522 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 1.57. Securitas AB's value of 2.85 is 82.1% 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 3.23 vs. the industry median of 1.57, 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 1.57, 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 2.85 is 82.1% 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 1.57 — 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 2.85, which is 12% below median its own 10-year median of 3.23. 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 (SCTBY) is currently considered Modestly Overvalued. The stock's GF Value™ is $13.25, compared to a current price of $17.14 — trading 29.4% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.85, which is 12% below median its 10-year median of 3.23 and 82.1% above the Business Services industry median of 1.57. Securitas AB's overall GF Score™ is 82/100 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 Securitas AB (SCTBY), the current Cyclically Adjusted PB Ratio is 2.85 as of Jul. 17, 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 (SCTBY) Overvalued in 2026?

Based on GuruFocus' analysis, Securitas AB stock appears to be overvalued. The current stock price of $17.14 is trading 29.4% above its estimated GF Value™ of $13.25. GuruFocus considers Securitas AB to be Modestly Overvalued.

Key valuation signals for SCTBY:

  • Cyclically Adjusted PB Ratio: 2.85 (12% below median its 10-year median of 3.23)
  • GF Value™: $13.25 vs. price of $17.14 (29.4% above fair value)
  • GF Score™: 82/100 with 5 warning signs
  • Industry Position: 82.1% above the Business Services median (#522 of 730)

No single metric tells the full story. See the SCTBY 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.
82GF Score

Get the complete analysis for SCTBY

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

$17.14
Price
$13.25
GF Value