Bure Equity AB (STU:BLZ) Cyclically Adjusted PB Ratio: 1.18 (As of Aug. 16, 2026) — 37% Below Median

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STU:BLZ Bure Equity AB STU:BLZ
79 GF Score
Price €25.04
GF Value €29.87
! 6 Warning Signs
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What is Bure Equity AB Cyclically Adjusted PB Ratio?

Bure Equity AB STU:BLZ -1.57% 79 Cyclically Adjusted PB Ratio is 1.18 as of Aug. 16, 2026, which is 37% below its 10-year median of 1.87. GuruFocus rates STU:BLZ with a GF Score™ of 79/100 and a GF Value™ of €29.87. The stock has 6 warning signs investors should review. Among 1,008 Asset Management companies, Bure Equity AB ranks worse than 68.65% on this metric.

As of today (2026-08-16), Bure Equity AB's current share price is €25.04. Bure Equity AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €21.24. Bure Equity AB's Cyclically Adjusted PB Ratio for today is 1.18.

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

STU:BLZ' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.84   Med: 1.87   Max: 4.39
Current: 1.18

During the past years, Bure Equity AB's highest Cyclically Adjusted PB Ratio was 4.39. The lowest was 0.84. And the median was 1.87.

STU:BLZ's Cyclically Adjusted PB Ratio is ranked worse than
68.65% of 1008 companies
in the Asset Management industry
Industry Median: 0.86 vs STU:BLZ: 1.18

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.

Bure Equity AB's adjusted book value per share data for the three months ended in Mar. 2026 was €22.572. 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 €21.24 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bure Equity AB  (STU:BLZ) 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.


Bure Equity AB Cyclically Adjusted PB Ratio Related Terms


Bure Equity AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Bure Equity 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.

Bure Equity AB Cyclically Adjusted PB Ratio Chart

Bure Equity 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 3.55 1.58 1.56 1.80 1.07

Bure Equity AB Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.49 1.27 1.22 1.07 0.93

STU:BLZ vs BLK, BX, KKR: Cyclically Adjusted PB Ratio Comparison

For the Asset Management subindustry, Bure Equity 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.


Bure Equity AB Cyclically Adjusted PB Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Bure Equity AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Bure Equity AB's Cyclically Adjusted PB Ratio falls into.


STU:BLZ
79GF Score
Bure Equity AB STU:BLZ
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bure Equity 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.

Bure Equity AB's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=25.04/21.24
=1.18

* 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.

Bure Equity AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Bure Equity AB's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=22.572/133.5600*133.5600
=22.572

Current CPI (Mar. 2026) = 133.5600.

Bure Equity AB Quarterly Data

Book Value per Share CPI Adj_Book
201606 9.725 101.019 12.858
201609 12.214 101.138 16.130
201612 10.545 102.022 13.805
201703 10.762 102.022 14.089
201706 10.761 102.752 13.987
201709 13.331 103.279 17.240
201712 11.328 103.793 14.577
201803 11.790 103.962 15.147
201806 12.339 104.875 15.714
201809 11.997 105.679 15.162
201812 13.352 105.912 16.838
201903 15.719 105.886 19.827
201906 14.459 106.742 18.092
201909 14.880 107.214 18.537
201912 18.750 107.766 23.238
202003 13.461 106.563 16.871
202006 18.628 107.498 23.144
202009 21.974 107.635 27.267
202012 23.515 108.296 29.001
202103 23.171 108.360 28.560
202106 28.341 108.928 34.750
202109 30.053 110.338 36.378
202112 31.440 112.486 37.330
202203 22.174 114.825 25.792
202206 18.519 118.384 20.893
202209 15.137 122.296 16.531
202212 17.831 126.365 18.846
202303 20.383 127.042 21.429
202306 20.246 129.407 20.896
202309 18.402 130.224 18.873
202312 23.049 131.912 23.337
202403 26.351 132.205 26.621
202406 28.304 132.716 28.484
202409 30.845 132.304 31.138
202412 28.939 132.987 29.064
202503 27.145 132.825 27.295
202506 25.225 133.699 25.199
202509 24.975 133.480 24.990
202512 24.539 133.390 24.570
202603 22.572 133.560 22.572

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 1.18 mean?
Bure Equity AB (STU:BLZ) has a Cyclically Adjusted PB Ratio of 1.18 as of Aug. 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 Bure Equity AB and its competitors. This is 37% below median its historical median of 1.87. Over the past decade, Bure Equity AB's Cyclically Adjusted PB Ratio has ranged from 0.84 to 4.39. According to the industry distribution chart, Bure Equity AB ranks #692 out of 1008 companies in the Asset Management industry, placing it in the top 68.7%.
Is Bure Equity AB's Cyclically Adjusted PB Ratio too high?
Bure Equity AB's current Cyclically Adjusted PB Ratio of 1.18 is 37% below median its 10-year median of 1.87. Over the past 10 years, this metric has ranged from a low of 0.84 to a high of 4.39. The Asset Management industry median Cyclically Adjusted PB Ratio is 0.86. Bure Equity AB's value of 1.18 is 37.2% above this industry median. Based on the distribution chart, Bure Equity AB ranks #692 out of 1008 companies in the Asset Management industry, which is below the industry midpoint. Overall, Bure Equity AB has a GF Score™ of 79/100, reflecting its overall financial health beyond just this single metric.
How does Bure Equity AB's Cyclically Adjusted PB Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Bure Equity AB ranks #692 out of 1008 companies for Cyclically Adjusted PB Ratio. This places Bure Equity AB in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.86. Bure Equity AB's value of 1.18 is 37.2% above this benchmark. Historically, Bure Equity AB's own Cyclically Adjusted PB Ratio has ranged from 0.84 to 4.39 over the past decade. While the company's 10-year median is 1.87 vs. the industry median of 0.86, Bure Equity AB 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 an Asset Management company?
The median Cyclically Adjusted PB Ratio among Asset Management companies is 0.86, based on 1,008 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. Bure Equity AB's current Cyclically Adjusted PB Ratio of 1.18 is 37.2% 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 Bure Equity AB and its competitors. For the Asset Management industry, the median Cyclically Adjusted PB Ratio is 0.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bure Equity AB's current Cyclically Adjusted PB Ratio is 1.18, which is 37% below median its own 10-year median of 1.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bure Equity AB stock overvalued right now?
Bure Equity AB (STU:BLZ) has a current Cyclically Adjusted PB Ratio of 1.18. The stock's GF Value™ is €29.87, compared to a current price of €25.04 — trading 16.2% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.18, which is 37% below median its 10-year median of 1.87 and 37.2% above the Asset Management industry median of 0.86. Bure Equity AB's overall GF Score™ is 79/100 with 6 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 Bure Equity AB (STU:BLZ), the current Cyclically Adjusted PB Ratio is 1.18 as of Aug. 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 Bure Equity AB (STU:BLZ) Overvalued in 2026?

Based on GuruFocus' analysis, Bure Equity AB stock appears to be undervalued. The current stock price of €25.04 is trading 16.2% below its estimated GF Value™ of €29.87.

Key valuation signals for STU:BLZ:

  • Cyclically Adjusted PB Ratio: 1.18 (37% below median its 10-year median of 1.87)
  • GF Value™: €29.87 vs. price of €25.04 (16.2% below fair value)
  • GF Score™: 79/100 with 6 warning signs
  • Industry Position: 37.2% above the Asset Management median (#692 of 1008)

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


Bure Equity AB Business Description

Other Exchanges BURE:SwedenBUREs:UK0N7D:UK
Address Nybrogatan 6, Stockholm, SWE, 114 34
Bure Equity AB is a Sweden-based investment company. It is focused on long-term and active ownership, creating successful, profitable companies and a good long-term return for shareholders. Bure's portfolio is well diversified and comprises companies in different industries such as technology, medtech, industry, finance, consultancy, and others in their different phases of development. The company's investment portfolio includes both listed and unlisted companies.
79GF Score

Get the complete analysis for STU:BLZ

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

€25.04
Price
€29.87
GF Value