STBEF (Starbreeze AB) Cyclically Adjusted PB Ratio: 0.02 (As of Jul. 16, 2026) — 97% Below Median

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What is Starbreeze AB Cyclically Adjusted PB Ratio?

Starbreeze AB STBEF Cyclically Adjusted PB Ratio is 0.02 as of Jul. 16, 2026, which is 97% below its 10-year median of 0.74. The stock has 4 warning signs investors should review. Among 347 Interactive Media companies, Starbreeze AB ranks better than 97.69% on this metric.

As of today (2026-07-16), Starbreeze AB's current share price is $0.005. Starbreeze AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $0.27. Starbreeze AB's Cyclically Adjusted PB Ratio for today is 0.02.

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

STBEF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.07   Med: 0.74   Max: 12.78
Current: 0.08

During the past years, Starbreeze AB's highest Cyclically Adjusted PB Ratio was 12.78. The lowest was 0.07. And the median was 0.74.

STBEF's Cyclically Adjusted PB Ratio is ranked better than
97.69% of 347 companies
in the Interactive Media industry
Industry Median: 1.5 vs STBEF: 0.08

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.

Starbreeze AB's adjusted book value per share data for the three months ended in Mar. 2026 was $0.011. 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 $0.27 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Starbreeze AB  (OTCPK:STBEF) 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.


Starbreeze AB Cyclically Adjusted PB Ratio Related Terms


Starbreeze AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Starbreeze 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.

Starbreeze AB Cyclically Adjusted PB Ratio Chart

Starbreeze 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 0.75 1.05 0.37 0.17 0.09

Starbreeze 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 0.15 0.16 0.14 0.09 0.09

STBEF vs NTES, EA, TTWO: Cyclically Adjusted PB Ratio Comparison

For the Electronic Gaming & Multimedia subindustry, Starbreeze 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.


Starbreeze AB Cyclically Adjusted PB Ratio vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Starbreeze AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Starbreeze 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.005/0.27
=0.02

* 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.

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

For example, Starbreeze 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)
=0.011/133.5600*133.5600
=0.011

Current CPI (Mar. 2026) = 133.5600.

Starbreeze AB Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.235 101.019 0.311
201609 0.425 101.138 0.561
201612 0.299 102.022 0.391
201703 0.296 102.022 0.388
201706 0.309 102.752 0.402
201709 0.325 103.279 0.420
201712 0.300 103.793 0.386
201803 0.346 103.962 0.445
201806 0.343 104.875 0.437
201809 0.326 105.679 0.412
201812 0.065 105.912 0.082
201903 0.035 105.886 0.044
201906 0.033 106.742 0.041
201909 0.019 107.214 0.024
201912 0.001 107.766 0.001
202003 0.005 106.563 0.006
202006 0.004 107.498 0.005
202009 0.030 107.635 0.037
202012 0.031 108.296 0.038
202103 0.029 108.360 0.036
202106 0.020 108.928 0.025
202109 0.018 110.338 0.022
202112 0.015 112.486 0.018
202203 0.011 114.825 0.013
202206 0.009 118.384 0.010
202209 0.007 122.296 0.008
202212 0.006 126.365 0.006
202303 0.003 127.042 0.003
202306 0.033 129.407 0.034
202309 0.060 130.224 0.062
202312 0.059 131.912 0.060
202403 0.057 132.205 0.058
202406 0.052 132.716 0.052
202409 0.049 132.304 0.049
202412 0.036 132.987 0.036
202503 0.037 132.825 0.037
202506 0.037 133.699 0.037
202509 0.019 133.480 0.019
202512 0.015 133.390 0.015
202603 0.011 133.560 0.011

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 0.02 mean?
Starbreeze AB (STBEF) has a Cyclically Adjusted PB Ratio of 0.02 as of Jul. 16, 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 Starbreeze AB and its competitors. This is 97% below median its historical median of 0.74. Over the past decade, Starbreeze AB's Cyclically Adjusted PB Ratio has ranged from 0.07 to 12.78. According to the industry distribution chart, Starbreeze AB ranks #8 out of 347 companies in the Interactive Media industry, placing it in the top 2.3%.
Is Starbreeze AB's Cyclically Adjusted PB Ratio too high?
Starbreeze AB's current Cyclically Adjusted PB Ratio of 0.02 is 97% below median its 10-year median of 0.74. Over the past 10 years, this metric has ranged from a low of 0.07 to a high of 12.78. The Interactive Media industry median Cyclically Adjusted PB Ratio is 1.50. Starbreeze AB's value of 0.02 is 98.7% below this industry median. Based on the distribution chart, Starbreeze AB ranks #8 out of 347 companies in the Interactive Media industry, which is in the top quartile — a strong position relative to peers.
How does Starbreeze AB's Cyclically Adjusted PB Ratio compare to NTES and EA?
According to the Interactive Media industry distribution chart, Starbreeze AB ranks #8 out of 347 companies for Cyclically Adjusted PB Ratio. This places Starbreeze AB in the top 2% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.50. Starbreeze AB's value of 0.02 is 98.7% below this benchmark. Historically, Starbreeze AB's own Cyclically Adjusted PB Ratio has ranged from 0.07 to 12.78 over the past decade. While the company's 10-year median is 0.74 vs. the industry median of 1.50, Starbreeze AB 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 an Interactive Media company?
The median Cyclically Adjusted PB Ratio among Interactive Media companies is 1.50, based on 347 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. Starbreeze AB's current Cyclically Adjusted PB Ratio of 0.02 is 98.7% 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 Starbreeze AB and its competitors. For the Interactive Media industry, the median Cyclically Adjusted PB Ratio is 1.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Starbreeze AB's current Cyclically Adjusted PB Ratio is 0.02, which is 97% below median its own 10-year median of 0.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Starbreeze AB stock overvalued right now?
Based on GuruFocus' analysis, Starbreeze AB (STBEF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.02, compared to a current price of $0.01 — trading 75% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.02, which is 97% below median its 10-year median of 0.74 and 98.7% below the Interactive Media industry median of 1.50. 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 Starbreeze AB (STBEF), the current Cyclically Adjusted PB Ratio is 0.02 as of Jul. 16, 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.

Starbreeze AB Business Description

Address Birger Jarlsgatan 61, Box 7731, Stockholm, SWE, 10395
Starbreeze AB is a creator, publisher, and distributor of entertainment products. It mainly develops and publishes games for the Console, PC, and Mobile gaming markets. Its reportable segments are; game development, game sales, third-party publishing, and licensing. The Game Sales segment consists of games developed in-house by Starbreeze. The revenue also consists of sales revenue and royalties from the rights to PAYDAY.