Volati AB (STU:VOG) Cyclically Adjusted PB Ratio: (As of Aug. 31, 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:VOG Volati AB STU:VOG
63 GF Score
Price €2.29
GF Value €2.65
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Volati AB Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Volati AB  (STU:VOG) 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.


Volati AB Cyclically Adjusted PB Ratio Related Terms


Volati AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Volati 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.

Volati AB Cyclically Adjusted PB Ratio Chart

Volati 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 0.00 0.00 1.36 1.18 1.28

Volati 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 1.40 1.28 1.28 0.95 0.77

STU:VOG vs MMM, HON: Cyclically Adjusted PB Ratio Comparison

For the Conglomerates subindustry, Volati 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.


Volati AB Cyclically Adjusted PB Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Volati AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


STU:VOG
63GF Score
Volati AB STU:VOG
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Volati 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.

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

For example, Volati 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)
=1.49/134.6100*134.6100
=1.490

Current CPI (Jun. 2026) = 134.6100.

Volati AB Quarterly Data

Book Value per Share CPI Adj_Book
201609 1.792 101.138 2.385
201612 2.812 102.022 3.710
201703 2.873 102.022 3.791
201706 2.750 102.752 3.603
201709 2.892 103.279 3.769
201712 2.888 103.793 3.745
201803 2.904 103.962 3.760
201806 2.837 104.875 3.641
201809 2.893 105.679 3.685
201812 3.062 105.912 3.892
201903 2.995 105.886 3.807
201906 2.854 106.742 3.599
201909 2.670 107.214 3.352
201912 2.769 107.766 3.459
202003 2.645 106.563 3.341
202006 2.846 107.498 3.564
202009 2.935 107.635 3.671
202012 3.906 108.296 4.855
202103 2.962 108.360 3.680
202106 2.154 108.928 2.662
202109 2.176 110.338 2.655
202112 2.250 112.486 2.693
202203 2.263 114.825 2.653
202206 2.159 118.384 2.455
202209 2.276 122.296 2.505
202212 2.379 126.365 2.534
202303 2.373 127.042 2.514
202306 2.256 129.407 2.347
202309 2.286 130.224 2.363
202312 2.424 131.912 2.474
202403 2.418 132.205 2.462
202406 2.327 132.716 2.360
202409 2.348 132.304 2.389
202412 2.366 132.987 2.395
202503 2.431 132.825 2.464
202506 2.338 133.699 2.354
202509 2.424 133.480 2.445
202512 2.450 133.390 2.472
202603 2.562 133.560 2.582
202606 1.490 134.610 1.490

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 Volati AB (STU:VOG) Overvalued in 2026?

Based on GuruFocus' analysis, Volati AB stock appears to be undervalued. The current stock price of €2.29 is trading 13.8% below its estimated GF Value™ of €2.65. GuruFocus considers Volati AB to be Modestly Undervalued.

Key valuation signals for STU:VOG:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €2.65 vs. price of €2.29 (13.8% below fair value)
  • GF Score™: 63/100 with 5 warning signs

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


Volati AB Business Description

Address Engelbrektsplan 1, Stockholm, SWE, SE-114 34
Volati AB is a Swedish industrial company acquiring companies at reasonable valuations and developing those with a focus on long-term value creation. Its business model is based on reinvesting the cash flow generated in the Group's companies in new acquisitions and developing its existing operations. The company consists of the business areas including Ettiketto Group, Communication, Corroventa, S:t Eriks Group and Tornum Group.
63GF Score

Get the complete analysis for STU:VOG

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

€2.29
Price
€2.65
GF Value