SKUFF (SKF AB) Cyclically Adjusted PB Ratio: 2.35 (As of Jul. 20, 2026) — 15% Below Median

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Director of Data and Quant Analytics at GuruFocus
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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.

SKUFF SKF AB SKUFF
78 GF Score
Price $23.95
GF Value $18.69
Valuation Modestly Overvalued
! 8 Warning Signs
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What is SKF AB Cyclically Adjusted PB Ratio?

SKF AB SKUFF 78 Cyclically Adjusted PB Ratio is 2.35 as of Jul. 20, 2026, which is 15% below its 10-year median of 2.78. GuruFocus rates SKUFF with a GF Score™ of 78/100 and a GF Value™ of $18.69 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 2,286 Industrial Products companies, SKF AB ranks worse than 53.32% on this metric.

As of today (2026-07-20), SKF AB's current share price is $23.95. SKF AB's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $10.18. SKF AB's Cyclically Adjusted PB Ratio for today is 2.35.

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

SKUFF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.74   Med: 2.78   Max: 4.23
Current: 2.35

During the past years, SKF AB's highest Cyclically Adjusted PB Ratio was 4.23. The lowest was 1.74. And the median was 2.78.

SKUFF's Cyclically Adjusted PB Ratio is ranked worse than
53.32% of 2286 companies
in the Industrial Products industry
Industry Median: 2.115 vs SKUFF: 2.35

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.

SKF AB's adjusted book value per share data for the three months ended in Jun. 2026 was $13.282. 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 $10.18 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


SKF AB  (OTCPK:SKUFF) 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.


SKF AB Cyclically Adjusted PB Ratio Related Terms


SKF AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for SKF 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.

SKF AB Cyclically Adjusted PB Ratio Chart

SKF 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 3.21 1.97 2.23 2.13 2.40

SKF 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 2.17 2.30 2.40 2.16 2.35

SKUFF vs SNA, RBC, LECO: Cyclically Adjusted PB Ratio Comparison

For the Tools & Accessories subindustry, SKF 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.


SKF AB Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, SKF AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


SKUFF
78GF Score
SKF AB SKUFF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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SKF 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=23.95/10.18
=2.35

* 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.

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

For example, SKF 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)
=13.282/134.1100*134.1100
=13.282

Current CPI (Jun. 2026) = 134.1100.

SKF AB Quarterly Data

Book Value per Share CPI Adj_Book
201609 6.114 101.138 8.107
201612 6.210 102.022 8.163
201703 6.859 102.022 9.016
201706 6.518 102.752 8.507
201709 7.210 103.279 9.362
201712 7.336 103.793 9.479
201803 8.286 103.962 10.689
201806 7.808 104.875 9.985
201809 7.888 105.679 10.010
201812 8.156 105.912 10.327
201903 8.442 105.886 10.692
201906 7.897 106.742 9.922
201909 7.858 107.214 9.829
201912 8.268 107.766 10.289
202003 8.424 106.563 10.602
202006 8.204 107.498 10.235
202009 8.709 107.635 10.851
202012 9.009 108.296 11.156
202103 10.069 108.360 12.462
202106 9.930 108.928 12.226
202109 10.306 110.338 12.526
202112 10.545 112.486 12.572
202203 10.198 114.825 11.911
202206 10.851 118.384 12.292
202209 10.689 122.296 11.722
202212 10.988 126.365 11.661
202303 10.746 127.042 11.344
202306 11.265 129.407 11.674
202309 11.068 130.224 11.398
202312 11.292 131.912 11.480
202403 12.168 132.205 12.343
202406 11.555 132.716 11.676
202409 11.925 132.304 12.088
202412 11.925 132.987 12.026
202503 12.332 132.825 12.451
202506 12.226 133.699 12.264
202509 12.608 133.480 12.668
202512 12.656 133.390 12.724
202603 13.421 133.560 13.476
202606 13.282 134.110 13.282

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 2.35 mean?
SKF AB (SKUFF) has a Cyclically Adjusted PB Ratio of 2.35 as of Jul. 20, 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 SKF AB and its competitors. This is 15% below median its historical median of 2.78. Over the past decade, SKF AB's Cyclically Adjusted PB Ratio has ranged from 1.74 to 4.23. According to the industry distribution chart, SKF AB ranks #1219 out of 2286 companies in the Industrial Products industry, placing it in the top 53.3%.
Is SKF AB's Cyclically Adjusted PB Ratio too high?
SKF AB's current Cyclically Adjusted PB Ratio of 2.35 is 15% below median its 10-year median of 2.78. Over the past 10 years, this metric has ranged from a low of 1.74 to a high of 4.23. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.12. SKF AB's value of 2.35 is 11.1% above this industry median. Based on the distribution chart, SKF AB ranks #1219 out of 2286 companies in the Industrial Products industry, which is below the industry midpoint. Overall, SKF AB has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SKF AB's Cyclically Adjusted PB Ratio compare to SNA and RBC?
According to the Industrial Products industry distribution chart, SKF AB ranks #1219 out of 2286 companies for Cyclically Adjusted PB Ratio. This places SKF AB in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.12. SKF AB's value of 2.35 is 11.1% above this benchmark. Historically, SKF AB's own Cyclically Adjusted PB Ratio has ranged from 1.74 to 4.23 over the past decade. While the company's 10-year median is 2.78 vs. the industry median of 2.12, SKF 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 an Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.12, based on 2,286 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. SKF AB's current Cyclically Adjusted PB Ratio of 2.35 is 11.1% 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 SKF AB and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SKF AB's current Cyclically Adjusted PB Ratio is 2.35, which is 15% below median its own 10-year median of 2.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SKF AB stock overvalued right now?
Based on GuruFocus' analysis, SKF AB (SKUFF) is currently considered Modestly Overvalued. The stock's GF Value™ is $18.69, compared to a current price of $23.95 — trading 28.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.35, which is 15% below median its 10-year median of 2.78 and 11.1% above the Industrial Products industry median of 2.12. SKF AB's overall GF Score™ is 78/100 with 8 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 SKF AB (SKUFF), the current Cyclically Adjusted PB Ratio is 2.35 as of Jul. 20, 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 SKF AB (SKUFF) Overvalued in 2026?

Based on GuruFocus' analysis, SKF AB stock appears to be overvalued. The current stock price of $23.95 is trading 28.1% above its estimated GF Value™ of $18.69. GuruFocus considers SKF AB to be Modestly Overvalued.

Key valuation signals for SKUFF:

  • Cyclically Adjusted PB Ratio: 2.35 (15% below median its 10-year median of 2.78)
  • GF Value™: $18.69 vs. price of $23.95 (28.1% above fair value)
  • GF Score™: 78/100 with 8 warning signs
  • Industry Position: 11.1% above the Industrial Products median (#1219 of 2286)

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


SKF AB Business Description

Address Sven Wingquists Gata 2, Gothenburg, SWE, 415 50
SKF's history goes back to the first major patents in ball bearings, when in 1907 it was the first to patent the self-aligning ball bearing. SKF and Schaeffler Group are the top two global ball bearing suppliers, followed by Timken, NSK, NTN, and JTEKT. Combined, these six companies supply about 60% of the world's ball bearings. However, most of them have sector niches, as ball bearings for industrial purposes are engineered for specific applications. SKF is based in Sweden and has a global manufacturing footprint of 106 sites and about 17,000 global distributor locations. The firm operates under two segments: industrials, with a fairly fragmented customer base; and automotive, which is the opposite, with a concentrated customer base including the likes of Tesla.
78GF Score

Get the complete analysis for SKUFF

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

$23.95
Price
$18.69
GF Value