SVMRF (Magnora ASA) Cyclically Adjusted PB Ratio: 3.65 (As of Sep. 16, 2026) — 46% Above Median

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SVMRF Magnora ASA SVMRF
77 GF Score
Price $2.25
GF Value $2.34
! 5 Warning Signs
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What is Magnora ASA Cyclically Adjusted PB Ratio?

Magnora ASA SVMRF 77 Cyclically Adjusted PB Ratio is 3.65 as of Sep. 16, 2026, which is 46% above its 10-year median of 2.50. GuruFocus rates SVMRF with a GF Score™ of 77/100 and a GF Value™ of $2.34. The stock has 5 warning signs investors should review. Among 258 Utilities - Independent Power Producers companies, Magnora ASA ranks worse than 89.15% on this metric.

As of today (2026-09-16), Magnora ASA's current share price is $2.25. Magnora ASA's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $0.62. Magnora ASA's Cyclically Adjusted PB Ratio for today is 3.65.

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

SVMRF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.04   Med: 2.5   Max: 5.88
Current: 3.92

During the past years, Magnora ASA's highest Cyclically Adjusted PB Ratio was 5.88. The lowest was 0.04. And the median was 2.50.

SVMRF's Cyclically Adjusted PB Ratio is ranked worse than
89.15% of 258 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.17 vs SVMRF: 3.92

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.

Magnora ASA's adjusted book value per share data for the three months ended in Jun. 2026 was $1.413. 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 $0.62 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Magnora ASA  (OTCPK:SVMRF) 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.


Magnora ASA Cyclically Adjusted PB Ratio Related Terms


Magnora ASA Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Magnora 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.

Magnora ASA Cyclically Adjusted PB Ratio Chart

Magnora ASA Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.45 1.89 2.09 2.60 2.98

Magnora ASA Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 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 2.47 3.23 3.37 3.66 3.65

Magnora ASA Cyclically Adjusted PB Ratio Competitor Comparison

For the Utilities - Renewable subindustry, Magnora 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.


Magnora ASA Cyclically Adjusted PB Ratio vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Magnora ASA's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


SVMRF
77GF Score
Magnora ASA SVMRF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Magnora 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.25/0.617
=3.65

* 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.

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

For example, Magnora ASA'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)
=1.413/141.6200*141.6200
=1.413

Current CPI (Jun. 2026) = 141.6200.

Magnora ASA Quarterly Data

Book Value per Share CPI Adj_Book
201603 0.780 102.500 1.078
201606 0.531 103.800 0.724
201609 0.549 104.200 0.746
201612 0.483 104.400 0.655
201703 0.453 105.000 0.611
201706 0.508 105.800 0.680
201709 0.462 105.900 0.618
201712 0.428 106.100 0.571
201803 0.475 107.300 0.627
201806 0.457 108.500 0.597
201809 1.225 109.500 1.584
201812 0.298 109.800 0.384
201903 0.317 110.400 0.407
201906 0.326 110.600 0.417
201909 0.208 111.100 0.265
201912 0.229 111.300 0.291
202003 0.173 111.200 0.220
202006 0.213 112.100 0.269
202009 0.226 112.900 0.283
202012 0.263 112.900 0.330
202103 0.465 114.600 0.575
202106 0.441 115.300 0.542
202109 0.405 117.500 0.488
202112 0.342 118.900 0.407
202203 0.360 119.800 0.426
202206 0.363 122.600 0.419
202209 0.518 125.600 0.584
202212 0.656 125.900 0.738
202303 0.659 127.600 0.731
202306 0.897 130.400 0.974
202309 0.823 129.800 0.898
202312 0.827 131.900 0.888
202403 0.746 132.600 0.797
202406 0.742 133.800 0.785
202409 0.680 133.700 0.720
202503 0.639 136.100 0.665
202506 0.609 137.800 0.626
202509 0.560 138.500 0.573
202603 0.507 141.060 0.509
202606 1.413 141.620 1.413

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 3.65 mean?
Magnora ASA (SVMRF) has a Cyclically Adjusted PB Ratio of 3.65 as of Sep. 16, 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 Magnora ASA and its competitors. This is 46% above median its historical median of 2.50. Over the past decade, Magnora ASA's Cyclically Adjusted PB Ratio has ranged from 0.04 to 5.88. According to the industry distribution chart, Magnora ASA ranks #230 out of 258 companies in the Utilities - Independent Power Producers industry, placing it in the top 89.1%.
Is Magnora ASA's Cyclically Adjusted PB Ratio too high?
Magnora ASA's current Cyclically Adjusted PB Ratio of 3.65 is 46% above median its 10-year median of 2.50. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 5.88. The Utilities - Independent Power Producers industry median Cyclically Adjusted PB Ratio is 1.17. Magnora ASA's value of 3.65 is 212% above this industry median. Based on the distribution chart, Magnora ASA ranks #230 out of 258 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, Magnora ASA has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does Magnora ASA's Cyclically Adjusted PB Ratio compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Magnora ASA ranks #230 out of 258 companies for Cyclically Adjusted PB Ratio. This places Magnora ASA in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.17. Magnora ASA's value of 3.65 is 212% above this benchmark. Historically, Magnora ASA's own Cyclically Adjusted PB Ratio has ranged from 0.04 to 5.88 over the past decade. While the company's 10-year median is 2.50 vs. the industry median of 1.17, Magnora 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 Utilities - Independent Power Producers company?
The median Cyclically Adjusted PB Ratio among Utilities - Independent Power Producers companies is 1.17, based on 258 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. Magnora ASA's current Cyclically Adjusted PB Ratio of 3.65 is 212% 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 Magnora ASA and its competitors. For the Utilities - Independent Power Producers industry, the median Cyclically Adjusted PB Ratio is 1.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Magnora ASA's current Cyclically Adjusted PB Ratio is 3.65, which is 46% above median its own 10-year median of 2.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Magnora ASA stock overvalued right now?
Magnora ASA (SVMRF) has a current Cyclically Adjusted PB Ratio of 3.65. The stock's GF Value™ is $2.34, compared to a current price of $2.25 — trading 3.8% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.65, which is 46% above median its 10-year median of 2.50 and 212% above the Utilities - Independent Power Producers industry median of 1.17. Magnora ASA's overall GF Score™ is 77/100 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 Magnora ASA (SVMRF), the current Cyclically Adjusted PB Ratio is 3.65 as of Sep. 16, 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 Magnora ASA (SVMRF) Overvalued in 2026?

Based on GuruFocus' analysis, Magnora ASA stock appears to be undervalued. The current stock price of $2.25 is trading 3.8% below its estimated GF Value™ of $2.34.

Key valuation signals for SVMRF:

  • Cyclically Adjusted PB Ratio: 3.65 (46% above median its 10-year median of 2.50)
  • GF Value™: $2.34 vs. price of $2.25 (3.8% below fair value)
  • GF Score™: 77/100 with 5 warning signs
  • Industry Position: 212% above the Utilities - Independent Power Producers median (#230 of 258)

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


Magnora ASA Business Description

Address Karenslyst Alle 6, 1st floor, Oslo, NOR, 0278
Magnora ASA is a renewable energy development company, focusing on the development of wind and Solar PV projects. The group has one operating segment, which is the development of renewable projects that includes four segments: Onshore solar photovoltaic (PV) energy, Onshore wind energy, Battery energy storage systems (BESS), and Offshore wind energy.
77GF 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.

$2.25
Price
$2.34
GF Value