SaltX Technology Holding AB (STU:7X9) Cyclically Adjusted PB Ratio: (As of Aug. 21, 2026)

Author: Vera Yuan Vera Yuan
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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.

STU:7X9 SaltX Technology Holding AB STU:7X9
55 GF Score
Price €0.52
GF Value €0.57
Valuation Fairly Valued
! 3 Warning Signs
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What is SaltX Technology Holding AB Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


SaltX Technology Holding AB  (STU:7X9) 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.


SaltX Technology Holding AB Cyclically Adjusted PB Ratio Related Terms


SaltX Technology Holding AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for SaltX Technology Holding 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.

SaltX Technology Holding AB Cyclically Adjusted PB Ratio Chart

SaltX Technology Holding 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 0.00 0.00 1.25 1.65 2.78

SaltX Technology Holding 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 2.71 4.31 2.78 2.78 0.00

STU:7X9 vs GEV, ETN, PH: Cyclically Adjusted PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, SaltX Technology Holding 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.


SaltX Technology Holding AB Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

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


STU:7X9
55GF Score
SaltX Technology Holding AB STU:7X9
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SaltX Technology Holding 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.

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

For example, SaltX Technology Holding 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)
=0.07/134.6100*134.6100
=0.070

Current CPI (Jun. 2026) = 134.6100.

SaltX Technology Holding AB Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.168 101.138 0.224
201612 0.156 102.022 0.206
201703 0.149 102.022 0.197
201706 0.268 102.752 0.351
201709 0.263 103.279 0.343
201712 0.244 103.793 0.316
201803 0.242 103.962 0.313
201806 0.220 104.875 0.282
201809 0.200 105.679 0.255
201812 0.195 105.912 0.248
201903 0.138 105.886 0.175
201906 0.083 106.742 0.105
201909 0.074 107.214 0.093
201912 0.154 107.766 0.192
202003 0.113 106.563 0.143
202006 0.109 107.498 0.136
202009 0.101 107.635 0.126
202012 0.095 108.296 0.118
202103 0.086 108.360 0.107
202106 0.114 108.928 0.141
202109 0.109 110.338 0.133
202112 0.095 112.486 0.114
202203 0.080 114.825 0.094
202206 0.107 118.384 0.122
202209 0.098 122.296 0.108
202212 0.084 126.365 0.089
202303 0.075 127.042 0.079
202306 0.064 129.407 0.067
202309 0.084 130.224 0.087
202312 0.075 131.912 0.077
202403 0.062 132.205 0.063
202406 0.076 132.716 0.077
202409 0.065 132.304 0.066
202412 0.056 132.987 0.057
202503 0.047 132.825 0.048
202506 0.079 133.699 0.080
202509 0.065 133.480 0.066
202512 0.105 133.390 0.106
202603 0.083 133.560 0.084
202606 0.070 134.610 0.070

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 SaltX Technology Holding AB (STU:7X9) Overvalued in 2026?

Based on GuruFocus' analysis, SaltX Technology Holding AB stock appears to be undervalued. The current stock price of €0.52 is trading 8.6% below its estimated GF Value™ of €0.57. GuruFocus considers SaltX Technology Holding AB to be Fairly Valued.

Key valuation signals for STU:7X9:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €0.57 vs. price of €0.52 (8.6% below fair value)
  • GF Score™: 55/100 with 3 warning signs

No single metric tells the full story. See the STU:7X9 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SaltX Technology Holding AB Business Description

Other Exchanges SALT B:Sweden
Address Vastertorpsvagen 135, Hagersten, SWE, SE - 129 44
SaltX Technology Holding AB is a Swedish greentech company that develops and markets sustainable technology to customers, the climate, and society. The company operates in the electrification of emission-intensive industries such as the lime and cement sectors.
55GF Score

Get the complete analysis for STU:7X9

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

€0.52
Price
€0.57
GF Value