Alk-Abello AS (STU:4AJ0) Cyclically Adjusted PB Ratio: 9.73 (As of Sep. 11, 2026) — 23% Above Median

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STU:4AJ0 Alk-Abello AS STU:4AJ0
93 GF Score
Price €26.46
GF Value €28.79
Valuation Fairly Valued
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What is Alk-Abello AS Cyclically Adjusted PB Ratio?

Alk-Abello AS STU:4AJ0 -0.45% 93 Cyclically Adjusted PB Ratio is 9.73 as of Sep. 11, 2026, which is 23% above its 10-year median of 7.89. GuruFocus rates STU:4AJ0 with a GF Score™ of 93/100 and a GF Value™ of €28.79 (Fairly Valued). Among 682 Biotechnology companies, Alk-Abello AS ranks worse than 87.68% on this metric.

As of today (2026-09-11), Alk-Abello AS's current share price is €26.46. Alk-Abello AS's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €2.72. Alk-Abello AS's Cyclically Adjusted PB Ratio for today is 9.73.

The historical rank and industry rank for Alk-Abello AS's Cyclically Adjusted PB Ratio or its related term are showing as below:

STU:4AJ0' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.65   Med: 7.89   Max: 13.68
Current: 9.81

During the past years, Alk-Abello AS's highest Cyclically Adjusted PB Ratio was 13.68. The lowest was 2.65. And the median was 7.89.

STU:4AJ0's Cyclically Adjusted PB Ratio is ranked worse than
87.68% of 682 companies
in the Biotechnology industry
Industry Median: 1.62 vs STU:4AJ0: 9.81

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.

Alk-Abello AS's adjusted book value per share data for the three months ended in Jun. 2026 was €4.184. 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 €2.72 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Alk-Abello AS  (STU:4AJ0) 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.


Alk-Abello AS Cyclically Adjusted PB Ratio Related Terms


Alk-Abello AS Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Alk-Abello AS'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.

Alk-Abello AS Cyclically Adjusted PB Ratio Chart

Alk-Abello AS 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 11.99 6.01 6.06 8.90 11.80

Alk-Abello AS 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 10.00 10.90 11.80 10.23 12.02

STU:4AJ0 vs VRTX, REGN, MRNA: Cyclically Adjusted PB Ratio Comparison

For the Biotechnology subindustry, Alk-Abello AS'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.


Alk-Abello AS Cyclically Adjusted PB Ratio vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Alk-Abello AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Alk-Abello AS's Cyclically Adjusted PB Ratio falls into.


STU:4AJ0
93GF Score
Alk-Abello AS STU:4AJ0
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Alk-Abello AS 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.

Alk-Abello AS's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=26.46/2.72
=9.73

* 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.

Alk-Abello AS's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Alk-Abello AS'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)
=4.184/122.9700*122.9700
=4.184

Current CPI (Jun. 2026) = 122.9700.

Alk-Abello AS Quarterly Data

Book Value per Share CPI Adj_Book
201609 1.937 100.200 2.377
201612 1.965 100.300 2.409
201703 1.930 101.200 2.345
201706 1.905 101.200 2.315
201709 1.881 101.800 2.272
201712 2.054 101.300 2.493
201803 2.050 101.700 2.479
201806 2.042 102.300 2.455
201809 2.016 102.400 2.421
201812 1.975 102.100 2.379
201903 2.030 102.900 2.426
201906 1.952 102.900 2.333
201909 1.964 102.900 2.347
201912 1.950 102.900 2.330
202003 2.009 103.300 2.392
202006 1.992 103.200 2.374
202009 1.972 103.500 2.343
202012 1.939 103.400 2.306
202103 2.035 104.300 2.399
202106 1.990 105.000 2.331
202109 2.030 105.800 2.359
202112 2.129 106.600 2.456
202203 2.232 109.900 2.497
202206 2.310 113.600 2.501
202209 2.401 116.400 2.537
202212 2.426 115.900 2.574
202303 2.503 117.300 2.624
202306 2.541 116.400 2.684
202309 2.632 117.400 2.757
202312 2.697 116.700 2.842
202403 2.842 118.400 2.952
202406 2.978 118.500 3.090
202409 3.081 118.900 3.186
202412 3.254 118.900 3.365
202503 3.437 120.200 3.516
202506 3.537 120.700 3.604
202509 3.733 121.600 3.775
202512 3.895 121.200 3.952
202603 3.966 121.680 4.008
202606 4.184 122.970 4.184

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 9.73 mean?
Alk-Abello AS (STU:4AJ0) has a Cyclically Adjusted PB Ratio of 9.73 as of Sep. 11, 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 Alk-Abello AS and its competitors. This is 23% above median its historical median of 7.89. Over the past decade, Alk-Abello AS's Cyclically Adjusted PB Ratio has ranged from 2.65 to 13.68. According to the industry distribution chart, Alk-Abello AS ranks #598 out of 682 companies in the Biotechnology industry, placing it in the top 87.7%.
Is Alk-Abello AS's Cyclically Adjusted PB Ratio too high?
Alk-Abello AS's current Cyclically Adjusted PB Ratio of 9.73 is 23% above median its 10-year median of 7.89. Over the past 10 years, this metric has ranged from a low of 2.65 to a high of 13.68. The Biotechnology industry median Cyclically Adjusted PB Ratio is 1.62. Alk-Abello AS's value of 9.73 is 500.6% above this industry median. Based on the distribution chart, Alk-Abello AS ranks #598 out of 682 companies in the Biotechnology industry, which is in the bottom quartile relative to peers. Overall, Alk-Abello AS has a GF Score™ of 93/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Alk-Abello AS's Cyclically Adjusted PB Ratio compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Alk-Abello AS ranks #598 out of 682 companies for Cyclically Adjusted PB Ratio. This places Alk-Abello AS in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.62. Alk-Abello AS's value of 9.73 is 500.6% above this benchmark. Historically, Alk-Abello AS's own Cyclically Adjusted PB Ratio has ranged from 2.65 to 13.68 over the past decade. While the company's 10-year median is 7.89 vs. the industry median of 1.62, Alk-Abello AS 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 Biotechnology company?
The median Cyclically Adjusted PB Ratio among Biotechnology companies is 1.62, based on 682 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. Alk-Abello AS's current Cyclically Adjusted PB Ratio of 9.73 is 500.6% 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 Alk-Abello AS and its competitors. For the Biotechnology industry, the median Cyclically Adjusted PB Ratio is 1.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alk-Abello AS's current Cyclically Adjusted PB Ratio is 9.73, which is 23% above median its own 10-year median of 7.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alk-Abello AS stock overvalued right now?
Based on GuruFocus' analysis, Alk-Abello AS (STU:4AJ0) is currently considered Fairly Valued. The stock's GF Value™ is €28.79, compared to a current price of €26.46 — trading 8.1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 9.73, which is 23% above median its 10-year median of 7.89 and 500.6% above the Biotechnology industry median of 1.62. Alk-Abello AS's overall GF Score™ is 93/100. 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 Alk-Abello AS (STU:4AJ0), the current Cyclically Adjusted PB Ratio is 9.73 as of Sep. 11, 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 Alk-Abello AS (STU:4AJ0) Overvalued in 2026?

Based on GuruFocus' analysis, Alk-Abello AS stock appears to be undervalued. The current stock price of €26.46 is trading 8.1% below its estimated GF Value™ of €28.79. GuruFocus considers Alk-Abello AS to be Fairly Valued.

Key valuation signals for STU:4AJ0:

  • Cyclically Adjusted PB Ratio: 9.73 (23% above median its 10-year median of 7.89)
  • GF Value™: €28.79 vs. price of €26.46 (8.1% below fair value)
  • GF Score™: 93/100
  • Industry Position: 500.6% above the Biotechnology median (#598 of 682)

No single metric tells the full story. See the STU:4AJ0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Alk-Abello AS Business Description

Address Boge Alle 6-8, Horsholm, DNK, DK-2970
Alk-Abello AS is a biotechnology company that focuses on pharmaceutical prevention, diagnosis, and treatment of allergies. The company is focused on respiratory diseases, including allergic rhinitis and allergic asthma. Moreover, the firm specializes in venom immunotherapy for patients suffering from bee and wasp allergies. The company's treatments induce a protective immune response that provides sustained symptom relief. Its primary focus is on allergy patients whose disease is not well controlled, despite the use of symptom-relieving medication. The company operates in Europe, North America and International Markets. It derives maximum revenue from Europe.
93GF Score

Get the complete analysis for STU:4AJ0

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

€26.46
Price
€28.79
GF Value