Pihlajalinna Oyj (STU:38P) Cyclically Adjusted PB Ratio: 1.76 (As of Sep. 16, 2026) — Near Median

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STU:38P Pihlajalinna Oyj STU:38P
73 GF Score
Price €11.34
GF Value €9.53
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Pihlajalinna Oyj Cyclically Adjusted PB Ratio?

Pihlajalinna Oyj STU:38P +6.78% 73 Cyclically Adjusted PB Ratio is 1.76 as of Sep. 16, 2026, which is 2% above its 10-year median of 1.73. GuruFocus rates STU:38P with a GF Score™ of 73/100 and a GF Value™ of €9.53 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 332 Healthcare Providers & Services companies, Pihlajalinna Oyj ranks better than 54.22% on this metric.

As of today (2026-09-16), Pihlajalinna Oyj's current share price is €11.34. Pihlajalinna Oyj's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €6.43. Pihlajalinna Oyj's Cyclically Adjusted PB Ratio for today is 1.76.

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

STU:38P' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.25   Med: 1.73   Max: 2.73
Current: 1.65

During the past years, Pihlajalinna Oyj's highest Cyclically Adjusted PB Ratio was 2.73. The lowest was 1.25. And the median was 1.73.

STU:38P's Cyclically Adjusted PB Ratio is ranked better than
54.22% of 332 companies
in the Healthcare Providers & Services industry
Industry Median: 1.79 vs STU:38P: 1.65

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.

Pihlajalinna Oyj's adjusted book value per share data for the three months ended in Jun. 2026 was €7.452. 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 €6.43 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pihlajalinna Oyj  (STU:38P) 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.


Pihlajalinna Oyj Cyclically Adjusted PB Ratio Related Terms


Pihlajalinna Oyj Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Pihlajalinna Oyj'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.

Pihlajalinna Oyj Cyclically Adjusted PB Ratio Chart

Pihlajalinna Oyj 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 1.29 0.99 1.30 1.73 2.28

Pihlajalinna Oyj 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 2.50 2.51 2.28 2.06 1.63

STU:38P vs HCA, THC, EHC: Cyclically Adjusted PB Ratio Comparison

For the Medical Care Facilities subindustry, Pihlajalinna Oyj'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.


Pihlajalinna Oyj Cyclically Adjusted PB Ratio vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Pihlajalinna Oyj's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


STU:38P
73GF Score
Pihlajalinna Oyj STU:38P
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Pihlajalinna Oyj 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.

Pihlajalinna Oyj's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=11.34/6.434
=1.76

* 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.

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

For example, Pihlajalinna Oyj'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)
=7.452/125.0700*125.0700
=7.452

Current CPI (Jun. 2026) = 125.0700.

Pihlajalinna Oyj Quarterly Data

Book Value per Share CPI Adj_Book
201609 4.895 100.540 6.089
201612 4.900 101.020 6.067
201703 5.040 100.910 6.247
201706 5.021 101.140 6.209
201709 5.045 101.320 6.228
201712 5.137 101.510 6.329
201803 6.048 101.730 7.436
201806 5.438 102.320 6.647
201809 5.610 102.600 6.839
201812 5.765 102.710 7.020
201903 5.791 102.870 7.041
201906 5.703 103.360 6.901
201909 5.694 103.540 6.878
201912 4.691 103.650 5.660
202003 4.766 103.490 5.760
202006 4.718 103.320 5.711
202009 4.953 103.710 5.973
202012 5.049 103.890 6.078
202103 5.207 104.870 6.210
202106 5.209 105.360 6.183
202109 5.276 106.290 6.208
202112 5.426 107.490 6.313
202203 5.529 110.950 6.233
202206 5.313 113.570 5.851
202209 5.579 114.920 6.072
202212 5.450 117.320 5.810
202303 5.654 119.750 5.905
202306 5.749 120.690 5.958
202309 5.891 121.280 6.075
202312 5.521 121.540 5.681
202403 5.777 122.360 5.905
202406 5.966 122.230 6.105
202409 6.259 122.260 6.403
202412 6.626 122.390 6.771
202503 6.980 123.010 7.097
202506 6.988 122.530 7.133
202509 7.415 122.880 7.547
202512 7.678 122.670 7.828
202603 7.464 124.670 7.488
202606 7.452 125.070 7.452

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 1.76 mean?
Pihlajalinna Oyj (STU:38P) has a Cyclically Adjusted PB Ratio of 1.76 as of Sep. 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 Pihlajalinna Oyj and its competitors. This is near median its historical median of 1.73. Over the past decade, Pihlajalinna Oyj's Cyclically Adjusted PB Ratio has ranged from 1.25 to 2.73. According to the industry distribution chart, Pihlajalinna Oyj ranks #152 out of 332 companies in the Healthcare Providers & Services industry, placing it in the top 45.8%.
Is Pihlajalinna Oyj's Cyclically Adjusted PB Ratio too high?
Pihlajalinna Oyj's current Cyclically Adjusted PB Ratio of 1.76 is near median its 10-year median of 1.73. Over the past 10 years, this metric has ranged from a low of 1.25 to a high of 2.73. The Healthcare Providers & Services industry median Cyclically Adjusted PB Ratio is 1.79. Pihlajalinna Oyj's value of 1.76 is 1.7% below this industry median. Based on the distribution chart, Pihlajalinna Oyj ranks #152 out of 332 companies in the Healthcare Providers & Services industry, which is above the industry midpoint. Overall, Pihlajalinna Oyj has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pihlajalinna Oyj's Cyclically Adjusted PB Ratio compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, Pihlajalinna Oyj ranks #152 out of 332 companies for Cyclically Adjusted PB Ratio. This puts Pihlajalinna Oyj in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.79. Pihlajalinna Oyj's value of 1.76 is 1.7% below this benchmark. Historically, Pihlajalinna Oyj's own Cyclically Adjusted PB Ratio has ranged from 1.25 to 2.73 over the past decade. While the company's 10-year median is 1.73 vs. the industry median of 1.79, Pihlajalinna Oyj 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 Healthcare Providers & Services company?
The median Cyclically Adjusted PB Ratio among Healthcare Providers & Services companies is 1.79, based on 332 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. Pihlajalinna Oyj's current Cyclically Adjusted PB Ratio of 1.76 is 1.7% 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 Pihlajalinna Oyj and its competitors. For the Healthcare Providers & Services industry, the median Cyclically Adjusted PB Ratio is 1.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pihlajalinna Oyj's current Cyclically Adjusted PB Ratio is 1.76, which is near median its own 10-year median of 1.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pihlajalinna Oyj stock overvalued right now?
Based on GuruFocus' analysis, Pihlajalinna Oyj (STU:38P) is currently considered Modestly Overvalued. The stock's GF Value™ is €9.53, compared to a current price of €11.34 — trading 19% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.76, which is near median its 10-year median of 1.73 and 1.7% below the Healthcare Providers & Services industry median of 1.79. Pihlajalinna Oyj's overall GF Score™ is 73/100 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 Pihlajalinna Oyj (STU:38P), the current Cyclically Adjusted PB Ratio is 1.76 as of Sep. 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.

Is Pihlajalinna Oyj (STU:38P) Overvalued in 2026?

Based on GuruFocus' analysis, Pihlajalinna Oyj stock appears to be overvalued. The current stock price of €11.34 is trading 19% above its estimated GF Value™ of €9.53. GuruFocus considers Pihlajalinna Oyj to be Modestly Overvalued.

Key valuation signals for STU:38P:

  • Cyclically Adjusted PB Ratio: 1.76 (near median its 10-year median of 1.73)
  • GF Value™: €9.53 vs. price of €11.34 (19% above fair value)
  • GF Score™: 73/100 with 3 warning signs
  • Industry Position: 1.7% below the Healthcare Providers & Services median (#152 of 332)

No single metric tells the full story. See the STU:38P stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Pihlajalinna Oyj Business Description

Other Exchanges 0R8H:UKPIHLIS:Finland
Address Kehrasaari B, Tampere, FIN, FI-33200
Pihlajalinna Oyj is a private social and healthcare service providers in Finland. It provides comprehensive, high-quality services through private clinics, hospitals, remote channels, occupational healthcare, and tailored social and healthcare solutions for the public sector. It has two reportable segments: Private Healthcare Services and Public Services. The Private Healthcare Services operating segment consists of private clinic, diagnostics, hospital, occupational healthcare, remote and fitness center services. The Public Services operating segment consists of social and healthcare services produced for the public sector, which include outsourcing and housing services, mainly remotely produced responsible doctor services, as well as a wide range of staffing and recruitment services.
73GF Score

Get the complete analysis for STU:38P

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

€11.34
Price
€9.53
GF Value