Sogn Sparebank (STU:Y6M) Cyclically Adjusted PB Ratio: (As of Aug. 21, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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STU:Y6M Sogn Sparebank STU:Y6M
68 GF Score
Price €27.05
GF Value €18.44
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Sogn Sparebank Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Sogn Sparebank  (STU:Y6M) 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.


Sogn Sparebank Cyclically Adjusted PB Ratio Related Terms


Sogn Sparebank Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Sogn Sparebank'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.

Sogn Sparebank Cyclically Adjusted PB Ratio Chart

Sogn Sparebank 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 0.17 0.13 0.13 0.18 0.19

Sogn Sparebank 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 0.21 0.18 0.19 0.21 0.00

Sogn Sparebank Cyclically Adjusted PB Ratio Competitor Comparison

For the Banks - Regional subindustry, Sogn Sparebank'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.


Sogn Sparebank Cyclically Adjusted PB Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Sogn Sparebank's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


STU:Y6M
68GF Score
Sogn Sparebank STU:Y6M
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Sogn Sparebank 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.

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

For example, Sogn Sparebank'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)
=190.627/141.5800*141.5800
=190.627

Current CPI (Jun. 2026) = 141.5800.

Sogn Sparebank Quarterly Data

Book Value per Share CPI Adj_Book
201609 53.675 104.200 72.930
201612 62.864 104.400 85.252
201703 55.367 105.000 74.656
201706 54.926 105.800 73.501
201709 63.188 105.900 84.477
201712 59.773 106.100 79.761
201803 63.844 107.300 84.241
201806 68.698 108.500 89.643
201809 64.491 109.500 83.385
201812 64.464 109.800 83.122
201903 65.483 110.400 83.977
201906 142.332 110.600 182.200
201909 142.229 111.100 181.249
201912 142.126 111.300 180.792
202003 125.744 111.200 160.097
202006 133.656 112.100 168.805
202009 134.302 112.900 168.419
202012 138.057 112.900 173.128
202103 145.524 114.600 179.784
202106 145.766 115.300 178.990
202109 149.254 117.500 179.842
202112 151.864 118.900 180.832
202203 165.697 119.800 195.821
202206 156.733 122.600 180.997
202209 161.973 125.600 182.581
202212 161.471 125.900 181.581
202303 152.076 127.600 168.738
202306 147.209 130.400 159.830
202309 148.823 129.800 162.329
202312 150.139 131.900 161.158
202403 152.245 132.600 162.555
202406 154.840 133.800 163.843
202409 153.678 133.700 162.735
202412 158.431 134.800 166.400
202503 165.190 136.100 171.841
202506 166.136 137.800 170.693
202509 171.136 138.500 174.942
202512 174.973 139.100 178.093
202603 188.834 141.030 189.570
202606 190.627 141.580 190.627

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 Sogn Sparebank (STU:Y6M) Overvalued in 2026?

Based on GuruFocus' analysis, Sogn Sparebank stock appears to be overvalued. The current stock price of €27.05 is trading 46.7% above its estimated GF Value™ of €18.44. GuruFocus considers Sogn Sparebank to be Significantly Overvalued.

Key valuation signals for STU:Y6M:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €18.44 vs. price of €27.05 (46.7% above fair value)
  • GF Score™: 68/100 with 7 warning signs

No single metric tells the full story. See the STU:Y6M stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sogn Sparebank Business Description

Other Exchanges SOGN:Norway
Address State Council Evensensveg 8, Ardalstangen, NOR, 6885
Sogn Sparebank operates as a local bank. It offers a range of financial services including loans, savings, advice, insurance and pensions to personal and corporate customers. The Bank also offers credit cards, debit cards, structured products, stock savings, mobile banking and online banking services.
68GF Score

Get the complete analysis for STU:Y6M

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

€27.05
Price
€18.44
GF Value