YIT Oyj (STU:YIT) Cyclically Adjusted PB Ratio: (As of Sep. 21, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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:YIT YIT Oyj STU:YIT
52 GF Score
Price €3.78
GF Value €2.42
! 9 Warning Signs
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What is YIT Oyj Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


YIT Oyj  (STU:YIT) 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.


YIT Oyj Cyclically Adjusted PB Ratio Related Terms


YIT Oyj Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for YIT 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.

YIT Oyj Cyclically Adjusted PB Ratio Chart

YIT 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 0.83 0.47 0.39 0.51 0.66

YIT 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 0.51 0.64 0.67 0.58 0.58

STU:YIT vs PWR, FIX, EME: Cyclically Adjusted PB Ratio Comparison

For the Engineering & Construction subindustry, YIT 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.


YIT Oyj Cyclically Adjusted PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, YIT Oyj's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


STU:YIT
52GF Score
YIT Oyj STU:YIT
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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YIT 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.

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

For example, YIT 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)
=2.505/125.0700*125.0700
=2.505

Current CPI (Jun. 2026) = 125.0700.

YIT Oyj Quarterly Data

Book Value per Share CPI Adj_Book
201609 4.095 100.540 5.094
201612 4.490 101.020 5.559
201703 4.535 100.910 5.621
201706 4.240 101.140 5.243
201709 4.289 101.320 5.294
201712 4.488 101.510 5.530
201803 4.864 101.730 5.980
201806 4.760 102.320 5.818
201809 4.816 102.600 5.871
201812 4.998 102.710 6.086
201903 4.690 102.870 5.702
201906 4.521 103.360 5.471
201909 4.660 103.540 5.629
201912 5.081 103.650 6.131
202003 4.311 103.490 5.210
202006 4.669 103.320 5.652
202009 4.228 103.710 5.099
202012 4.400 103.890 5.297
202103 4.319 104.870 5.151
202106 4.404 105.360 5.228
202109 4.423 106.290 5.204
202112 4.390 107.490 5.108
202203 3.462 110.950 3.903
202206 3.570 113.570 3.931
202209 3.608 114.920 3.927
202212 3.742 117.320 3.989
202303 3.494 119.750 3.649
202306 3.479 120.690 3.605
202309 3.460 121.280 3.568
202312 3.555 121.540 3.658
202403 3.323 122.360 3.397
202406 3.101 122.230 3.173
202409 3.079 122.260 3.150
202412 2.910 122.390 2.974
202503 2.862 123.010 2.910
202506 2.818 122.530 2.876
202509 2.783 122.880 2.833
202512 2.805 122.670 2.860
202603 2.627 124.670 2.635
202606 2.505 125.070 2.505

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 YIT Oyj (STU:YIT) Overvalued in 2026?

Based on GuruFocus' analysis, YIT Oyj stock appears to be overvalued. The current stock price of €3.78 is trading 56% above its estimated GF Value™ of €2.42.

Key valuation signals for STU:YIT:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €2.42 vs. price of €3.78 (56% above fair value)
  • GF Score™: 52/100 with 9 warning signs

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


YIT Oyj Business Description

Other Exchanges YITJF:USA0GKA:UKYIT:Finland
Address Panuntie 11, P.O. Box 36, Helsinki, FIN, 00620
YIT Oyj is a Finnish construction service provider. YIT develops and builds apartments and living services, business premises and entire areas. The company has four reportable segments: Residential Finland, Residential CEE, Building Construction, and Infrastructure. It derives maximum revenue from Building Construction segment, focusing on contracting and selective development of commercial premises in Finland and in CEE countries for public sector and investor clients. Geographically it operates in Finland, CEE, Scandinavia and Sweden.
52GF Score

Get the complete analysis for STU:YIT

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

€3.78
Price
€2.42
GF Value