ABG Sundal Collier Holding ASA (STU:DAB) Cyclically Adjusted PB Ratio: 3.28 (As of Jul. 25, 2026) — 36% Above Median

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STU:DAB ABG Sundal Collier Holding ASA STU:DAB
56 GF Score
Price €0.62
GF Value €0.73
Valuation Modestly Undervalued
! 4 Warning Signs
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What is ABG Sundal Collier Holding ASA Cyclically Adjusted PB Ratio?

ABG Sundal Collier Holding ASA STU:DAB -0.32% 56 Cyclically Adjusted PB Ratio is 3.28 as of Jul. 25, 2026, which is 36% above its 10-year median of 2.42. GuruFocus rates STU:DAB with a GF Score™ of 56/100 and a GF Value™ of €0.73 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 629 Capital Markets companies, ABG Sundal Collier Holding ASA ranks worse than 75.68% on this metric.

As of today (2026-07-25), ABG Sundal Collier Holding ASA's current share price is €0.624. ABG Sundal Collier Holding ASA's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €0.19. ABG Sundal Collier Holding ASA's Cyclically Adjusted PB Ratio for today is 3.28.

The historical rank and industry rank for ABG Sundal Collier Holding ASA's Cyclically Adjusted PB Ratio or its related term are showing as below:

STU:DAB' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.14   Med: 2.42   Max: 4.23
Current: 3.21

During the past years, ABG Sundal Collier Holding ASA's highest Cyclically Adjusted PB Ratio was 4.23. The lowest was 1.14. And the median was 2.42.

STU:DAB's Cyclically Adjusted PB Ratio is ranked worse than
75.68% of 629 companies
in the Capital Markets industry
Industry Median: 1.32 vs STU:DAB: 3.21

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.

ABG Sundal Collier Holding ASA's adjusted book value per share data for the three months ended in Jun. 2026 was €0.176. 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 €0.19 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


ABG Sundal Collier Holding ASA  (STU:DAB) 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.


ABG Sundal Collier Holding ASA Cyclically Adjusted PB Ratio Related Terms


ABG Sundal Collier Holding ASA Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for ABG Sundal Collier Holding 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.

ABG Sundal Collier Holding ASA Cyclically Adjusted PB Ratio Chart

ABG Sundal Collier Holding 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 3.82 2.33 2.89 3.17 3.77

ABG Sundal Collier Holding 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 3.18 3.14 3.77 3.65 3.23

STU:DAB vs MS, GS, SCHW: Cyclically Adjusted PB Ratio Comparison

For the Capital Markets subindustry, ABG Sundal Collier Holding 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.


ABG Sundal Collier Holding ASA Cyclically Adjusted PB Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, ABG Sundal Collier Holding ASA's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where ABG Sundal Collier Holding ASA's Cyclically Adjusted PB Ratio falls into.


STU:DAB
56GF Score
ABG Sundal Collier Holding ASA STU:DAB
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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ABG Sundal Collier Holding 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.

ABG Sundal Collier Holding ASA's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.624/0.19
=3.28

* 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.

ABG Sundal Collier Holding ASA's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, ABG Sundal Collier Holding 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)
=0.176/141.8500*141.8500
=0.176

Current CPI (Jun. 2026) = 141.8500.

ABG Sundal Collier Holding ASA Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.187 104.200 0.255
201612 0.210 104.400 0.285
201703 0.214 105.000 0.289
201706 0.166 105.800 0.223
201709 0.178 105.900 0.238
201712 0.189 106.100 0.253
201803 0.192 107.300 0.254
201806 0.153 108.500 0.200
201809 0.156 109.500 0.202
201812 0.142 109.800 0.183
201903 0.145 110.400 0.186
201906 0.138 110.600 0.177
201909 0.145 111.100 0.185
201912 0.151 111.300 0.192
202003 0.132 111.200 0.168
202006 0.139 112.100 0.176
202009 0.152 112.900 0.191
202012 0.190 112.900 0.239
202103 0.241 114.600 0.298
202106 0.199 115.300 0.245
202109 0.225 117.500 0.272
202112 0.265 118.900 0.316
202203 0.287 119.800 0.340
202206 0.186 122.600 0.215
202209 0.192 125.600 0.217
202212 0.204 125.900 0.230
202303 0.190 127.600 0.211
202306 0.148 130.400 0.161
202309 0.154 129.800 0.168
202312 0.171 131.900 0.184
202403 0.175 132.600 0.187
202406 0.147 133.800 0.156
202409 0.150 133.700 0.159
202412 0.171 134.800 0.180
202503 0.173 136.100 0.180
202506 0.146 137.800 0.150
202509 0.157 138.500 0.161
202512 0.174 139.100 0.177
202603 0.196 141.030 0.197
202606 0.176 141.850 0.176

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 3.28 mean?
ABG Sundal Collier Holding ASA (STU:DAB) has a Cyclically Adjusted PB Ratio of 3.28 as of Jul. 25, 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 ABG Sundal Collier Holding ASA and its competitors. This is 36% above median its historical median of 2.42. Over the past decade, ABG Sundal Collier Holding ASA's Cyclically Adjusted PB Ratio has ranged from 1.14 to 4.23. According to the industry distribution chart, ABG Sundal Collier Holding ASA ranks #476 out of 629 companies in the Capital Markets industry, placing it in the top 75.7%.
Is ABG Sundal Collier Holding ASA's Cyclically Adjusted PB Ratio too high?
ABG Sundal Collier Holding ASA's current Cyclically Adjusted PB Ratio of 3.28 is 36% above median its 10-year median of 2.42. Over the past 10 years, this metric has ranged from a low of 1.14 to a high of 4.23. The Capital Markets industry median Cyclically Adjusted PB Ratio is 1.32. ABG Sundal Collier Holding ASA's value of 3.28 is 148.5% above this industry median. Based on the distribution chart, ABG Sundal Collier Holding ASA ranks #476 out of 629 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, ABG Sundal Collier Holding ASA has a GF Score™ of 56/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ABG Sundal Collier Holding ASA's Cyclically Adjusted PB Ratio compare to MS and GS?
According to the Capital Markets industry distribution chart, ABG Sundal Collier Holding ASA ranks #476 out of 629 companies for Cyclically Adjusted PB Ratio. This places ABG Sundal Collier Holding ASA in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.32. ABG Sundal Collier Holding ASA's value of 3.28 is 148.5% above this benchmark. Historically, ABG Sundal Collier Holding ASA's own Cyclically Adjusted PB Ratio has ranged from 1.14 to 4.23 over the past decade. While the company's 10-year median is 2.42 vs. the industry median of 1.32, ABG Sundal Collier Holding ASA 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 Capital Markets company?
The median Cyclically Adjusted PB Ratio among Capital Markets companies is 1.32, based on 629 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. ABG Sundal Collier Holding ASA's current Cyclically Adjusted PB Ratio of 3.28 is 148.5% 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 ABG Sundal Collier Holding ASA and its competitors. For the Capital Markets industry, the median Cyclically Adjusted PB Ratio is 1.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ABG Sundal Collier Holding ASA's current Cyclically Adjusted PB Ratio is 3.28, which is 36% above median its own 10-year median of 2.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ABG Sundal Collier Holding ASA stock overvalued right now?
Based on GuruFocus' analysis, ABG Sundal Collier Holding ASA (STU:DAB) is currently considered Modestly Undervalued. The stock's GF Value™ is €0.73, compared to a current price of €0.62 — trading 14.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.28, which is 36% above median its 10-year median of 2.42 and 148.5% above the Capital Markets industry median of 1.32. ABG Sundal Collier Holding ASA's overall GF Score™ is 56/100 with 4 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 ABG Sundal Collier Holding ASA (STU:DAB), the current Cyclically Adjusted PB Ratio is 3.28 as of Jul. 25, 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 ABG Sundal Collier Holding ASA (STU:DAB) Overvalued in 2026?

Based on GuruFocus' analysis, ABG Sundal Collier Holding ASA stock appears to be undervalued. The current stock price of €0.62 is trading 14.5% below its estimated GF Value™ of €0.73. GuruFocus considers ABG Sundal Collier Holding ASA to be Modestly Undervalued.

Key valuation signals for STU:DAB:

  • Cyclically Adjusted PB Ratio: 3.28 (36% above median its 10-year median of 2.42)
  • GF Value™: €0.73 vs. price of €0.62 (14.5% below fair value)
  • GF Score™: 56/100 with 4 warning signs
  • Industry Position: 148.5% above the Capital Markets median (#476 of 629)

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


ABG Sundal Collier Holding ASA Business Description

Address Ruselokkveien 26, 8th floor, Oslo, NOR, 0251
ABG Sundal Collier Holding ASA is a Nordic investment bank specializing in equity research, brokerage, corporate finance, and advisory services for institutional investors and Nordic businesses. The company has one operating segment, Investment banking and capital markets. Geographically, the company has operations in Norway, Sweden, Denmark, and International, and the majority of revenue is generated from Norway.
56GF Score

Get the complete analysis for STU:DAB

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

€0.62
Price
€0.73
GF Value