Saga Pure ASA (STU:SAT) Cyclically Adjusted PB Ratio: 0.89 (As of Jul. 31, 2026) — 33% Above Median

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STU:SAT Saga Pure ASA STU:SAT
49 GF Score
Price €0.14
! 5 Warning Signs
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What is Saga Pure ASA Cyclically Adjusted PB Ratio?

Saga Pure ASA STU:SAT +2.15% 49 Cyclically Adjusted PB Ratio is 0.89 as of Jul. 31, 2026, which is 33% above its 10-year median of 0.67. GuruFocus rates STU:SAT with a GF Score™ of 49/100. The stock has 5 warning signs investors should review. Among 998 Asset Management companies, Saga Pure ASA ranks better than 55.51% on this metric.

As of today (2026-07-31), Saga Pure ASA's current share price is €0.1425. Saga Pure ASA's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was €0.16. Saga Pure ASA's Cyclically Adjusted PB Ratio for today is 0.89.

The historical rank and industry rank for Saga Pure ASA's Cyclically Adjusted PB Ratio or its related term are showing as below:

STU:SAT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.21   Med: 0.67   Max: 2.14
Current: 0.77

During the past years, Saga Pure ASA's highest Cyclically Adjusted PB Ratio was 2.14. The lowest was 0.21. And the median was 0.67.

STU:SAT's Cyclically Adjusted PB Ratio is ranked better than
55.51% of 998 companies
in the Asset Management industry
Industry Median: 0.84 vs STU:SAT: 0.77

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.

Saga Pure ASA's adjusted book value per share data for the three months ended in Dec. 2025 was €0.141. 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 €0.16 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Saga Pure ASA  (STU:SAT) 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.


Saga Pure ASA Cyclically Adjusted PB Ratio Related Terms


Saga Pure ASA Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Saga Pure 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.

Saga Pure ASA Cyclically Adjusted PB Ratio Chart

Saga Pure 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 1.66 0.81 0.61 0.58 0.73

Saga Pure ASA Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 0.58 0.62 0.63 0.64 0.73

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

For the Asset Management subindustry, Saga Pure 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.


Saga Pure ASA Cyclically Adjusted PB Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Saga Pure ASA's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Saga Pure ASA's Cyclically Adjusted PB Ratio falls into.


STU:SAT
49GF Score
Saga Pure ASA STU:SAT
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Saga Pure 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.

Saga Pure ASA's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.1425/0.16
=0.89

* 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.

Saga Pure ASA's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, Saga Pure ASA's adjusted Book Value per Share data for the three months ended in Dec. 2025 was:

Adj_Book=Book Value per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=0.141/139.1000*139.1000
=0.141

Current CPI (Dec. 2025) = 139.1000.

Saga Pure ASA Quarterly Data

Book Value per Share CPI Adj_Book
201603 0.252 102.500 0.342
201606 0.252 103.800 0.338
201609 0.262 104.200 0.350
201612 0.272 104.400 0.362
201703 0.289 105.000 0.383
201706 0.264 105.800 0.347
201709 0.135 105.900 0.177
201712 0.131 106.100 0.172
201803 0.135 107.300 0.175
201806 0.145 108.500 0.186
201809 0.137 109.500 0.174
201812 0.096 109.800 0.122
201903 0.104 110.400 0.131
201906 0.102 110.600 0.128
201909 0.098 111.100 0.123
201912 0.110 111.300 0.137
202003 0.069 111.200 0.086
202006 0.079 112.100 0.098
202009 0.070 112.900 0.086
202012 0.166 112.900 0.205
202103 0.220 114.600 0.267
202106 0.220 115.300 0.265
202109 0.208 117.500 0.246
202112 0.228 118.900 0.267
202203 0.240 119.800 0.279
202206 0.254 122.600 0.288
202209 0.224 125.600 0.248
202212 0.198 125.900 0.219
202303 0.169 127.600 0.184
202306 0.161 130.400 0.172
202309 0.163 129.800 0.175
202312 0.155 131.900 0.163
202403 0.158 132.600 0.166
202406 0.161 133.800 0.167
202409 0.154 133.700 0.160
202412 0.152 134.800 0.157
202503 0.157 136.100 0.160
202506 0.150 137.800 0.151
202509 0.150 138.500 0.151
202512 0.141 139.100 0.141

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 0.89 mean?
Saga Pure ASA (STU:SAT) has a Cyclically Adjusted PB Ratio of 0.89 as of Jul. 31, 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 Saga Pure ASA and its competitors. This is 33% above median its historical median of 0.67. Over the past decade, Saga Pure ASA's Cyclically Adjusted PB Ratio has ranged from 0.21 to 2.14. According to the industry distribution chart, Saga Pure ASA ranks #444 out of 998 companies in the Asset Management industry, placing it in the top 44.5%.
Is Saga Pure ASA's Cyclically Adjusted PB Ratio too high?
Saga Pure ASA's current Cyclically Adjusted PB Ratio of 0.89 is 33% above median its 10-year median of 0.67. Over the past 10 years, this metric has ranged from a low of 0.21 to a high of 2.14. The Asset Management industry median Cyclically Adjusted PB Ratio is 0.84. Saga Pure ASA's value of 0.89 is 6% above this industry median. Based on the distribution chart, Saga Pure ASA ranks #444 out of 998 companies in the Asset Management industry, which is above the industry midpoint. Overall, Saga Pure ASA has a GF Score™ of 49/100, reflecting its overall financial health beyond just this single metric.
How does Saga Pure ASA's Cyclically Adjusted PB Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Saga Pure ASA ranks #444 out of 998 companies for Cyclically Adjusted PB Ratio. This puts Saga Pure ASA in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.84. Saga Pure ASA's value of 0.89 is 6% above this benchmark. Historically, Saga Pure ASA's own Cyclically Adjusted PB Ratio has ranged from 0.21 to 2.14 over the past decade. While the company's 10-year median is 0.67 vs. the industry median of 0.84, Saga Pure 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 an Asset Management company?
The median Cyclically Adjusted PB Ratio among Asset Management companies is 0.84, based on 998 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. Saga Pure ASA's current Cyclically Adjusted PB Ratio of 0.89 is 6% 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 Saga Pure ASA and its competitors. For the Asset Management industry, the median Cyclically Adjusted PB Ratio is 0.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Saga Pure ASA's current Cyclically Adjusted PB Ratio is 0.89, which is 33% above median its own 10-year median of 0.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Saga Pure ASA stock overvalued right now?
Saga Pure ASA (STU:SAT) has a current Cyclically Adjusted PB Ratio of 0.89. The current Cyclically Adjusted PB Ratio is 0.89, which is 33% above median its 10-year median of 0.67 and 6% above the Asset Management industry median of 0.84. Saga Pure ASA's overall GF Score™ is 49/100 with 5 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 Saga Pure ASA (STU:SAT), the current Cyclically Adjusted PB Ratio is 0.89 as of Jul. 31, 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.

Saga Pure ASA Business Description

Other Exchanges SAGA:Norway0N0A:UK
Address c/o Ferncliff TIH AS, Sjolyst plass 2, Oslo, NOR, 0278
Saga Pure ASA is an investment company. The Group's primary business activity is focused on investment and management related to industries, energy, and real estate, which includes ownership and investment in other businesses. The company is organised in one main operating segment that invests in financial instruments. All of the Company's activities are interrelated, and each activity is dependent on the others.
49GF Score

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

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