Raisio Oyj (STU:RATV) Cyclically Adjusted PB Ratio: (As of Sep. 20, 2026)

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Director of Data and Quant Analytics at GuruFocus
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STU:RATV Raisio Oyj STU:RATV
75 GF Score
Price €2.32
GF Value €2.23
Valuation Fairly Valued
! 3 Warning Signs
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What is Raisio Oyj Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Raisio Oyj  (STU:RATV) 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.


Raisio Oyj Cyclically Adjusted PB Ratio Related Terms


Raisio Oyj Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Raisio Oyj'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.

Raisio Oyj Cyclically Adjusted PB Ratio Chart

Raisio Oyj 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 1.66 1.17 0.93 1.06 1.36

Raisio Oyj 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 1.23 1.24 1.36 1.40 1.33

STU:RATV vs KHC, GIS, MKC: Cyclically Adjusted PB Ratio Comparison

For the Packaged Foods subindustry, Raisio Oyj'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.


Raisio Oyj Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Raisio Oyj's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Raisio Oyj's Cyclically Adjusted PB Ratio falls into.


STU:RATV
75GF Score
Raisio Oyj STU:RATV
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Raisio Oyj 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.

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

For example, Raisio Oyj'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)
=1.524/125.0700*125.0700
=1.524

Current CPI (Jun. 2026) = 125.0700.

Raisio Oyj Quarterly Data

Book Value per Share CPI Adj_Book
201609 1.935 100.540 2.407
201612 1.989 101.020 2.463
201703 1.864 100.910 2.310
201706 1.874 101.140 2.317
201709 1.932 101.320 2.385
201712 1.678 101.510 2.067
201803 1.545 101.730 1.899
201806 1.578 102.320 1.929
201809 1.619 102.600 1.974
201812 1.683 102.710 2.049
201903 1.581 102.870 1.922
201906 1.612 103.360 1.951
201909 1.675 103.540 2.023
201912 1.724 103.650 2.080
202003 1.719 103.490 2.077
202006 1.622 103.320 1.963
202009 1.672 103.710 2.016
202012 1.712 103.890 2.061
202103 1.777 104.870 2.119
202106 1.688 105.360 2.004
202109 1.732 106.290 2.038
202112 1.771 107.490 2.061
202203 1.729 110.950 1.949
202206 1.605 113.570 1.768
202209 1.628 114.920 1.772
202212 1.656 117.320 1.765
202303 1.687 119.750 1.762
202306 1.583 120.690 1.640
202309 1.623 121.280 1.674
202312 1.647 121.540 1.695
202403 1.674 122.360 1.711
202406 1.576 122.230 1.613
202409 1.612 122.260 1.649
202412 1.635 122.390 1.671
202503 1.663 123.010 1.691
202506 1.552 122.530 1.584
202509 1.588 122.880 1.616
202512 1.618 122.670 1.650
202603 1.663 124.670 1.668
202606 1.524 125.070 1.524

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 Raisio Oyj (STU:RATV) Overvalued in 2026?

Based on GuruFocus' analysis, Raisio Oyj stock appears to be overvalued. The current stock price of €2.32 is trading 3.8% above its estimated GF Value™ of €2.23. GuruFocus considers Raisio Oyj to be Fairly Valued.

Key valuation signals for STU:RATV:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €2.23 vs. price of €2.32 (3.8% above fair value)
  • GF Score™: 75/100 with 3 warning signs

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


Raisio Oyj Business Description

Address Raisionkaari 55, P.O. Box 101, Raisio, FIN, 21201
Raisio Oyj is engaged in the food processing industry with a focus on health. The company's international brand profile includes Benecol and Elovena. The operating segments of the company are Brands & Industrial and Other Operations. The Brands & Industrial segment is a reportable segment that combines the Breakfast, Snacking & Food Solutions and Heart Health business units. The Brands & Industrial segment focuses on Raisio's existing consumer and B2B business, with Europe as its main market area. The Other Operations segment is a reportable segment that includes operations focused on new business development, shared functions serving the business units and Group administration. The majority of its revenue is from The Brands & Industrial segment.
75GF Score

Get the complete analysis for STU:RATV

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

€2.32
Price
€2.23
GF Value