TBABF (Trelleborg AB) Cyclically Adjusted PB Ratio: (As of Sep. 21, 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.

TBABF Trelleborg AB TBABF
74 GF Score
Price $47.23
GF Value $36.42
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Trelleborg AB Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Trelleborg AB  (OTCPK:TBABF) 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.


Trelleborg AB Cyclically Adjusted PB Ratio Related Terms


Trelleborg AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Trelleborg 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.

Trelleborg AB Cyclically Adjusted PB Ratio Chart

Trelleborg 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 2.04 1.96 2.40 2.50 2.41

Trelleborg 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 2.49 2.47 2.44 2.31 2.28

TBABF vs GEV, ETN, PH: Cyclically Adjusted PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, Trelleborg 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.


Trelleborg AB Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

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


TBABF
74GF Score
Trelleborg AB TBABF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Trelleborg 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.

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

For example, Trelleborg 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)
=17.382/134.6100*134.6100
=17.382

Current CPI (Jun. 2026) = 134.6100.

Trelleborg AB Quarterly Data

Book Value per Share CPI Adj_Book
201609 10.525 101.138 14.008
201612 10.208 102.022 13.469
201703 10.871 102.022 14.343
201706 11.345 102.752 14.862
201709 11.798 103.279 15.377
201712 12.263 103.793 15.904
201803 12.907 103.962 16.712
201806 12.087 104.875 15.514
201809 12.252 105.679 15.606
201812 12.535 105.912 15.932
201903 12.072 105.886 15.347
201906 12.451 106.742 15.702
201909 12.191 107.214 15.306
201912 11.374 107.766 14.207
202003 11.455 106.563 14.470
202006 11.729 107.498 14.687
202009 12.319 107.635 15.406
202012 13.006 108.296 16.166
202103 13.132 108.360 16.313
202106 13.105 108.928 16.195
202109 13.378 110.338 16.321
202112 13.445 112.486 16.089
202203 13.763 114.825 16.134
202206 13.054 118.384 14.843
202209 12.857 122.296 14.152
202212 13.979 126.365 14.891
202303 14.597 127.042 15.467
202306 15.373 129.407 15.991
202309 16.337 130.224 16.887
202312 17.009 131.912 17.357
202403 16.760 132.205 17.065
202406 16.368 132.716 16.602
202409 16.897 132.304 17.191
202412 16.185 132.987 16.383
202503 16.842 132.825 17.068
202506 16.923 133.699 17.038
202509 17.278 133.480 17.424
202512 17.564 133.380 17.726
202603 17.768 133.550 17.909
202606 17.382 134.610 17.382

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 Trelleborg AB (TBABF) Overvalued in 2026?

Based on GuruFocus' analysis, Trelleborg AB stock appears to be overvalued. The current stock price of $47.23 is trading 29.7% above its estimated GF Value™ of $36.42. GuruFocus considers Trelleborg AB to be Modestly Overvalued.

Key valuation signals for TBABF:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: $36.42 vs. price of $47.23 (29.7% above fair value)
  • GF Score™: 74/100 with 7 warning signs

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


Trelleborg AB Business Description

Address Johan Kocksgatan 10, P.O. Box 153, Trelleborg, SWE, SE- 23122
Trelleborg AB manufactures products to seal, damp, and protect critical applications for a multitude of industries. It focuses on enhancing performance, reliability and sustainability for customers in aerospace, automotive, energy & renewables, healthcare & medical, marine, water infrastructure and general industrial markets. The company has different business areas: Trelleborg Industrial Solutions, Trelleborg Medical Solutions and Trelleborg Sealing Solutions. The group's products include precision sealing systems, antivibration and noise-damping components, fluid-handling solutions, engineered coated fabrics and others.
74GF Score

Get the complete analysis for TBABF

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

$47.23
Price
$36.42
GF Value