B3 Consulting Group AB (STU:B37) Cyclically Adjusted PB Ratio: (As of Sep. 21, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
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:B37 B3 Consulting Group AB STU:B37
50 GF Score
Price €2.06
GF Value €5.75
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is B3 Consulting Group AB Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


B3 Consulting Group AB  (STU:B37) 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.


B3 Consulting Group AB Cyclically Adjusted PB Ratio Related Terms


B3 Consulting Group AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for B3 Consulting Group 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.

B3 Consulting Group AB Cyclically Adjusted PB Ratio Chart

B3 Consulting Group 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 - - - 3.08 1.74

B3 Consulting Group 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 2.67 2.08 1.83 1.36 0.71

STU:B37 vs IBM, ACN, CTSH: Cyclically Adjusted PB Ratio Comparison

For the Information Technology Services subindustry, B3 Consulting Group 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.


B3 Consulting Group AB Cyclically Adjusted PB Ratio vs Software Industry

For the Software industry and Technology sector, B3 Consulting Group AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where B3 Consulting Group AB's Cyclically Adjusted PB Ratio falls into.


STU:B37
50GF Score
B3 Consulting Group AB STU:B37
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

B3 Consulting Group 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.

B3 Consulting Group AB's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, B3 Consulting Group 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)
=2.691/134.6100*134.6100
=2.691

Current CPI (Jun. 2026) = 134.6100.

B3 Consulting Group AB Quarterly Data

Book Value per Share CPI Adj_Book
201609 1.176 101.138 1.565
201612 1.240 102.022 1.636
201703 1.345 102.022 1.775
201706 1.218 102.752 1.596
201709 1.332 103.279 1.736
201712 1.517 103.793 1.967
201803 1.555 103.962 2.013
201806 1.385 104.875 1.778
201809 1.452 105.679 1.850
201812 1.627 105.912 2.068
201903 1.749 105.886 2.223
201906 1.462 106.742 1.844
201909 1.687 107.214 2.118
201912 1.743 107.766 2.177
202003 1.847 106.563 2.333
202006 1.711 107.498 2.143
202009 1.765 107.635 2.207
202012 1.963 108.296 2.440
202103 1.989 108.360 2.471
202106 1.732 108.928 2.140
202109 1.780 110.338 2.172
202112 2.203 112.486 2.636
202203 2.568 114.825 3.010
202206 2.431 118.384 2.764
202209 2.618 122.296 2.882
202212 2.422 126.365 2.580
202303 2.685 127.042 2.845
202306 1.803 129.407 1.875
202309 1.939 130.224 2.004
202312 1.935 131.912 1.975
202403 1.832 132.205 1.865
202406 1.428 132.716 1.448
202409 2.658 132.304 2.704
202412 2.515 132.987 2.546
202503 2.656 132.825 2.692
202506 2.605 133.699 2.623
202509 2.545 133.480 2.567
202512 2.635 133.380 2.659
202603 2.622 133.550 2.643
202606 2.691 134.610 2.691

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 B3 Consulting Group AB (STU:B37) Overvalued in 2026?

Based on GuruFocus' analysis, B3 Consulting Group AB stock appears to be undervalued. The current stock price of €2.06 is trading 64.2% below its estimated GF Value™ of €5.75. GuruFocus considers B3 Consulting Group AB to be Possible Value Trap.

Key valuation signals for STU:B37:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €5.75 vs. price of €2.06 (64.2% below fair value)
  • GF Score™: 50/100 with 6 warning signs

No single metric tells the full story. See the STU:B37 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


B3 Consulting Group AB Business Description

Other Exchanges B3:Sweden0RL1:UK
Address Kungsbron 2, Box 8, Stockholm, SWE, SE-101 20
B3 Consulting Group AB is a Sweden based consultancy company which help businesses to streamline their IT operations by developing their technology, processes, strategies, and organization. The company has expertise in fields such as IT management, systems development, databases, telecommunications solutions, healthcare, infrastructure and cloud solutions, testing and quality management, and digital channels.
50GF Score

Get the complete analysis for STU:B37

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

€2.06
Price
€5.75
GF Value