Brodrene A & O Johansen AS (STU:XH0) Cyclically Adjusted PB Ratio: 1.75 (As of Aug. 22, 2026) — Near Median

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STU:XH0 Brodrene A & O Johansen AS STU:XH0
59 GF Score
Price €13.30
GF Value €13.33
Valuation Fairly Valued
! 6 Warning Signs
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What is Brodrene A & O Johansen AS Cyclically Adjusted PB Ratio?

Brodrene A & O Johansen AS STU:XH0 +0.45% 59 Cyclically Adjusted PB Ratio is 1.75 as of Aug. 22, 2026, which is 6% below its 10-year median of 1.86. GuruFocus rates STU:XH0 with a GF Score™ of 59/100 and a GF Value™ of €13.33 (Fairly Valued). The stock has 6 warning signs investors should review. Among 126 Industrial Distribution companies, Brodrene A & O Johansen AS ranks worse than 64.29% on this metric.

As of today (2026-08-22), Brodrene A & O Johansen AS's current share price is €13.30. Brodrene A & O Johansen AS's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €7.61. Brodrene A & O Johansen AS's Cyclically Adjusted PB Ratio for today is 1.75.

The historical rank and industry rank for Brodrene A & O Johansen AS's Cyclically Adjusted PB Ratio or its related term are showing as below:

STU:XH0' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.29   Med: 1.86   Max: 4.69
Current: 1.74

During the past years, Brodrene A & O Johansen AS's highest Cyclically Adjusted PB Ratio was 4.69. The lowest was 1.29. And the median was 1.86.

STU:XH0's Cyclically Adjusted PB Ratio is ranked worse than
64.29% of 126 companies
in the Industrial Distribution industry
Industry Median: 1.27 vs STU:XH0: 1.74

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.

Brodrene A & O Johansen AS's adjusted book value per share data for the three months ended in Jun. 2026 was €10.252. 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 €7.61 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Brodrene A & O Johansen AS  (STU:XH0) 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.


Brodrene A & O Johansen AS Cyclically Adjusted PB Ratio Related Terms


Brodrene A & O Johansen AS Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Brodrene A & O Johansen AS'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.

Brodrene A & O Johansen AS Cyclically Adjusted PB Ratio Chart

Brodrene A & O Johansen AS 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 4.64 2.27 1.69 1.66 1.76

Brodrene A & O Johansen AS 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 1.75 1.82 1.76 1.54 1.54

STU:XH0 vs GWW, FAST, FERG: Cyclically Adjusted PB Ratio Comparison

For the Industrial Distribution subindustry, Brodrene A & O Johansen AS'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.


Brodrene A & O Johansen AS Cyclically Adjusted PB Ratio vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Brodrene A & O Johansen AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Brodrene A & O Johansen AS's Cyclically Adjusted PB Ratio falls into.


STU:XH0
59GF Score
Brodrene A & O Johansen AS STU:XH0
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Brodrene A & O Johansen AS 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.

Brodrene A & O Johansen AS's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=13.30/7.61
=1.75

* 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.

Brodrene A & O Johansen AS's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Brodrene A & O Johansen AS'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)
=10.252/122.9700*122.9700
=10.252

Current CPI (Jun. 2026) = 122.9700.

Brodrene A & O Johansen AS Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.826 100.600 2.232
201612 4.773 100.300 5.852
201703 0.000 101.200 0.000
201706 3.857 101.200 4.687
201709 0.000 101.800 0.000
201712 3.988 101.300 4.841
201803 4.027 101.700 4.869
201806 4.205 102.300 5.055
201809 4.373 102.400 5.251
201812 4.589 102.100 5.527
201903 4.677 102.900 5.589
201906 4.855 102.900 5.802
201909 5.041 102.900 6.024
201912 5.272 102.900 6.300
202003 5.383 103.300 6.408
202006 5.672 103.200 6.759
202009 5.921 103.500 7.035
202012 6.266 103.400 7.452
202103 6.399 104.300 7.544
202106 6.781 105.000 7.942
202109 7.145 105.800 8.305
202112 7.545 106.600 8.704
202203 7.170 109.900 8.023
202206 7.591 113.600 8.217
202209 8.232 116.400 8.697
202212 8.762 115.900 9.296
202303 8.269 117.300 8.669
202306 8.525 116.400 9.006
202309 8.841 117.400 9.260
202312 9.167 116.700 9.660
202403 8.695 118.400 9.031
202406 8.858 118.500 9.192
202409 9.163 118.900 9.477
202412 9.540 118.900 9.867
202503 9.341 120.200 9.556
202506 9.559 120.700 9.739
202509 9.820 121.600 9.931
202512 10.343 121.200 10.494
202603 9.969 121.680 10.075
202606 10.252 122.970 10.252

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 1.75 mean?
Brodrene A & O Johansen AS (STU:XH0) has a Cyclically Adjusted PB Ratio of 1.75 as of Aug. 22, 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 Brodrene A & O Johansen AS and its competitors. This is near median its historical median of 1.86. Over the past decade, Brodrene A & O Johansen AS's Cyclically Adjusted PB Ratio has ranged from 1.29 to 4.69. According to the industry distribution chart, Brodrene A & O Johansen AS ranks #81 out of 126 companies in the Industrial Distribution industry, placing it in the top 64.3%.
Is Brodrene A & O Johansen AS's Cyclically Adjusted PB Ratio too high?
Brodrene A & O Johansen AS's current Cyclically Adjusted PB Ratio of 1.75 is near median its 10-year median of 1.86. Over the past 10 years, this metric has ranged from a low of 1.29 to a high of 4.69. The Industrial Distribution industry median Cyclically Adjusted PB Ratio is 1.27. Brodrene A & O Johansen AS's value of 1.75 is 37.8% above this industry median. Based on the distribution chart, Brodrene A & O Johansen AS ranks #81 out of 126 companies in the Industrial Distribution industry, which is below the industry midpoint. Overall, Brodrene A & O Johansen AS has a GF Score™ of 59/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Brodrene A & O Johansen AS's Cyclically Adjusted PB Ratio compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Brodrene A & O Johansen AS ranks #81 out of 126 companies for Cyclically Adjusted PB Ratio. This places Brodrene A & O Johansen AS in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.27. Brodrene A & O Johansen AS's value of 1.75 is 37.8% above this benchmark. Historically, Brodrene A & O Johansen AS's own Cyclically Adjusted PB Ratio has ranged from 1.29 to 4.69 over the past decade. While the company's 10-year median is 1.86 vs. the industry median of 1.27, Brodrene A & O Johansen AS 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 Industrial Distribution company?
The median Cyclically Adjusted PB Ratio among Industrial Distribution companies is 1.27, based on 126 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. Brodrene A & O Johansen AS's current Cyclically Adjusted PB Ratio of 1.75 is 37.8% 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 Brodrene A & O Johansen AS and its competitors. For the Industrial Distribution industry, the median Cyclically Adjusted PB Ratio is 1.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Brodrene A & O Johansen AS's current Cyclically Adjusted PB Ratio is 1.75, which is near median its own 10-year median of 1.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Brodrene A & O Johansen AS stock overvalued right now?
Based on GuruFocus' analysis, Brodrene A & O Johansen AS (STU:XH0) is currently considered Fairly Valued. The stock's GF Value™ is €13.33, compared to a current price of €13.30 — trading 0.2% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.75, which is near median its 10-year median of 1.86 and 37.8% above the Industrial Distribution industry median of 1.27. Brodrene A & O Johansen AS's overall GF Score™ is 59/100 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 Brodrene A & O Johansen AS (STU:XH0), the current Cyclically Adjusted PB Ratio is 1.75 as of Aug. 22, 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 Brodrene A & O Johansen AS (STU:XH0) Overvalued in 2026?

Based on GuruFocus' analysis, Brodrene A & O Johansen AS stock appears to be undervalued. The current stock price of €13.30 is trading 0.2% below its estimated GF Value™ of €13.33. GuruFocus considers Brodrene A & O Johansen AS to be Fairly Valued.

Key valuation signals for STU:XH0:

  • Cyclically Adjusted PB Ratio: 1.75 (near median its 10-year median of 1.86)
  • GF Value™: €13.33 vs. price of €13.30 (0.2% below fair value)
  • GF Score™: 59/100 with 6 warning signs
  • Industry Position: 37.8% above the Industrial Distribution median (#81 of 126)

No single metric tells the full story. See the STU:XH0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Brodrene A & O Johansen AS Business Description

Other Exchanges 0RNT:UKAOJ B:Denmark
Address Rorvang 3, Albertslund, DNK, 2620
Brodrene A & O Johansen AS is a wholesaler that serves professional and private customers through an omni-channel business model combining digital solutions with a physical presence. The company offers a broad range of technical installation materials and related products, including workwear, tools and brackets, water supply, drainage and sewage, energy, electrical products and HVAC solutions, supported by services such as digital solutions, project advice and logistics. It operates through two segments: B2B, which earns the majority of revenue and serves professional tradesmen and construction companies, and B2C, which serves private DIY consumers through webshops and showrooms. The Group operates mainly in Denmark.
59GF Score

Get the complete analysis for STU:XH0

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

€13.30
Price
€13.33
GF Value