Arendals Fossekompani ASA (STU:5VZ) Cyclically Adjusted PB Ratio: (As of Aug. 25, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
Founder & CEO of GuruFocus
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.

STU:5VZ Arendals Fossekompani ASA STU:5VZ
65 GF Score
Price €16.80
GF Value €10.97
! 8 Warning Signs
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What is Arendals Fossekompani ASA Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Arendals Fossekompani ASA  (STU:5VZ) 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.


Arendals Fossekompani ASA Cyclically Adjusted PB Ratio Related Terms


Arendals Fossekompani ASA Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Arendals Fossekompani ASA'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.

Arendals Fossekompani ASA Cyclically Adjusted PB Ratio Chart

Arendals Fossekompani ASA 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 7.38 3.93 2.48 2.11 1.85

Arendals Fossekompani ASA 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 1.86 1.82 1.85 2.15 0.00

STU:5VZ vs MMM, HON: Cyclically Adjusted PB Ratio Comparison

For the Conglomerates subindustry, Arendals Fossekompani ASA'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.


Arendals Fossekompani ASA Cyclically Adjusted PB Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Arendals Fossekompani ASA's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Arendals Fossekompani ASA's Cyclically Adjusted PB Ratio falls into.


STU:5VZ
65GF Score
Arendals Fossekompani ASA STU:5VZ
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Arendals Fossekompani ASA 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.

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

For example, Arendals Fossekompani ASA'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)
=7.782/141.5800*141.5800
=7.782

Current CPI (Jun. 2026) = 141.5800.

Arendals Fossekompani ASA Quarterly Data

Book Value per Share CPI Adj_Book
201609 5.108 104.200 6.940
201612 5.435 104.400 7.371
201703 5.781 105.000 7.795
201706 5.293 105.800 7.083
201709 5.447 105.900 7.282
201712 7.835 106.100 10.455
201803 8.800 107.300 11.611
201806 5.605 108.500 7.314
201809 5.540 109.500 7.163
201812 5.595 109.800 7.214
201903 5.815 110.400 7.457
201906 5.587 110.600 7.152
201909 5.596 111.100 7.131
201912 5.779 111.300 7.351
202003 4.670 111.200 5.946
202006 4.943 112.100 6.243
202009 4.858 112.900 6.092
202012 6.111 112.900 7.663
202103 9.024 114.600 11.148
202106 6.152 115.300 7.554
202109 6.113 117.500 7.366
202112 6.038 118.900 7.190
202203 6.210 119.800 7.339
202206 6.376 122.600 7.363
202209 6.341 125.600 7.148
202212 5.437 125.900 6.114
202303 5.116 127.600 5.677
202306 4.994 130.400 5.422
202309 4.931 129.800 5.379
202312 4.755 131.900 5.104
202403 4.793 132.600 5.118
202406 3.988 133.800 4.220
202409 3.801 133.700 4.025
202412 7.970 134.800 8.371
202503 8.012 136.100 8.335
202506 7.900 137.800 8.117
202509 8.943 138.500 9.142
202512 7.398 139.100 7.530
202603 7.854 141.030 7.885
202606 7.782 141.580 7.782

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.

Is Arendals Fossekompani ASA (STU:5VZ) Overvalued in 2026?

Based on GuruFocus' analysis, Arendals Fossekompani ASA stock appears to be overvalued. The current stock price of €16.80 is trading 53.1% above its estimated GF Value™ of €10.97.

Key valuation signals for STU:5VZ:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €10.97 vs. price of €16.80 (53.1% above fair value)
  • GF Score™: 65/100 with 8 warning signs

No single metric tells the full story. See the STU:5VZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Arendals Fossekompani ASA Business Description

Address Langbryggen 9, Arendal, NOR, 4841
Arendals Fossekompani ASA is an industrial investment company holding several core investments and a portfolio of financial investments. The company invests in and owns companies that make energy from renewable sources more usable and accessible, and that contribute to a more sustainable use of resources. It owns and operates two hydropower plants. In addition, the firm operates globally in many forward-looking industries, including 3D printing, algo trading, satellite services, battery and solar technology, software and digitalization, as well as various green energy technologies. The company has seven operating segments: Group Management, AFK Vannkraft, NSSLGIobaI, ENRX, Tekna, AFK Eiendom, and Others.
65GF Score

Get the complete analysis for STU:5VZ

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

€16.80
Price
€10.97
GF Value