TBIIF (Tobii AB) Cyclically Adjusted PB Ratio: 0.22 (As of Jul. 28, 2026) — 15% Below Median

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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.

TBIIF Tobii AB TBIIF
33 GF Score
Price $0.19
GF Value $0.20
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Tobii AB Cyclically Adjusted PB Ratio?

Tobii AB TBIIF +2.06% 33 Cyclically Adjusted PB Ratio is 0.22 as of Jul. 28, 2026, which is 15% below its 10-year median of 0.26. GuruFocus rates TBIIF with a GF Score™ of 33/100 and a GF Value™ of $0.20 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,977 Hardware companies, Tobii AB ranks better than 95.75% on this metric.

As of today (2026-07-28), Tobii AB's current share price is $0.1884. Tobii AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $0.86. Tobii AB's Cyclically Adjusted PB Ratio for today is 0.22.

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

TBIIF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.15   Med: 0.26   Max: 1.17
Current: 0.22

During the past years, Tobii AB's highest Cyclically Adjusted PB Ratio was 1.17. The lowest was 0.15. And the median was 0.26.

TBIIF's Cyclically Adjusted PB Ratio is ranked better than
95.75% of 1977 companies
in the Hardware industry
Industry Median: 2.02 vs TBIIF: 0.22

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.

Tobii AB's adjusted book value per share data for the three months ended in Mar. 2026 was $0.158. 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 $0.86 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tobii AB  (OTCPK:TBIIF) 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.


Tobii AB Cyclically Adjusted PB Ratio Related Terms


Tobii AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Tobii 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.

Tobii AB Cyclically Adjusted PB Ratio Chart

Tobii 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 0.00 0.00 0.59 0.20 0.26

Tobii AB Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.54 0.39 0.26 0.22

TBIIF vs QTEX, MCRP, TACT: Cyclically Adjusted PB Ratio Comparison

For the Computer Hardware subindustry, Tobii 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.


Tobii AB Cyclically Adjusted PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Tobii AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TBIIF
33GF Score
Tobii AB TBIIF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tobii 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.

Tobii AB's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.1884/0.86
=0.22

* 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.

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

For example, Tobii AB's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.158/133.5600*133.5600
=0.158

Current CPI (Mar. 2026) = 133.5600.

Tobii AB Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.021 101.019 1.350
201609 0.986 101.138 1.302
201612 1.271 102.022 1.664
201703 1.346 102.022 1.762
201706 1.315 102.752 1.709
201709 1.367 103.279 1.768
201712 1.198 103.793 1.542
201803 1.177 103.962 1.512
201806 1.050 104.875 1.337
201809 0.964 105.679 1.218
201812 0.934 105.912 1.178
201903 0.631 105.886 0.796
201906 0.804 106.742 1.006
201909 0.740 107.214 0.922
201912 0.723 107.766 0.896
202003 0.666 106.563 0.835
202006 0.624 107.498 0.775
202009 0.612 107.635 0.759
202012 0.670 108.296 0.826
202103 0.668 108.360 0.823
202106 0.550 108.928 0.674
202109 0.546 110.338 0.661
202112 0.881 112.486 1.046
202203 0.805 114.825 0.936
202206 0.727 118.384 0.820
202209 0.645 122.296 0.704
202212 0.684 126.365 0.723
202303 0.630 127.042 0.662
202306 0.572 129.407 0.590
202309 0.495 130.224 0.508
202312 0.516 131.912 0.522
202403 0.439 132.205 0.443
202406 0.275 132.716 0.277
202409 0.266 132.304 0.269
202412 0.263 132.987 0.264
202503 0.277 132.825 0.279
202506 0.287 133.699 0.287
202509 0.268 133.480 0.268
202512 0.181 133.390 0.181
202603 0.158 133.560 0.158

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 0.22 mean?
Tobii AB (TBIIF) has a Cyclically Adjusted PB Ratio of 0.22 as of Jul. 28, 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 Tobii AB and its competitors. This is 15% below median its historical median of 0.26. Over the past decade, Tobii AB's Cyclically Adjusted PB Ratio has ranged from 0.15 to 1.17. According to the industry distribution chart, Tobii AB ranks #84 out of 1977 companies in the Hardware industry, placing it in the top 4.2%.
Is Tobii AB's Cyclically Adjusted PB Ratio too high?
Tobii AB's current Cyclically Adjusted PB Ratio of 0.22 is 15% below median its 10-year median of 0.26. Over the past 10 years, this metric has ranged from a low of 0.15 to a high of 1.17. The Hardware industry median Cyclically Adjusted PB Ratio is 2.02. Tobii AB's value of 0.22 is 89.1% below this industry median. Based on the distribution chart, Tobii AB ranks #84 out of 1977 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Tobii AB has a GF Score™ of 33/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tobii AB's Cyclically Adjusted PB Ratio compare to QTEX and MCRP?
According to the Hardware industry distribution chart, Tobii AB ranks #84 out of 1977 companies for Cyclically Adjusted PB Ratio. This places Tobii AB in the top 4% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 2.02. Tobii AB's value of 0.22 is 89.1% below this benchmark. Historically, Tobii AB's own Cyclically Adjusted PB Ratio has ranged from 0.15 to 1.17 over the past decade. While the company's 10-year median is 0.26 vs. the industry median of 2.02, Tobii AB has consistently been below 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 a Hardware company?
The median Cyclically Adjusted PB Ratio among Hardware companies is 2.02, based on 1,977 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. Tobii AB's current Cyclically Adjusted PB Ratio of 0.22 is 89.1% below 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 Tobii AB and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tobii AB's current Cyclically Adjusted PB Ratio is 0.22, which is 15% below median its own 10-year median of 0.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tobii AB stock overvalued right now?
Based on GuruFocus' analysis, Tobii AB (TBIIF) is currently considered Fairly Valued. The stock's GF Value™ is $0.20, compared to a current price of $0.19 — trading 5.8% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.22, which is 15% below median its 10-year median of 0.26 and 89.1% below the Hardware industry median of 2.02. Tobii AB's overall GF Score™ is 33/100 with 3 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 Tobii AB (TBIIF), the current Cyclically Adjusted PB Ratio is 0.22 as of Jul. 28, 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 Tobii AB (TBIIF) Overvalued in 2026?

Based on GuruFocus' analysis, Tobii AB stock appears to be undervalued. The current stock price of $0.19 is trading 5.8% below its estimated GF Value™ of $0.20. GuruFocus considers Tobii AB to be Fairly Valued.

Key valuation signals for TBIIF:

  • Cyclically Adjusted PB Ratio: 0.22 (15% below median its 10-year median of 0.26)
  • GF Value™: $0.20 vs. price of $0.19 (5.8% below fair value)
  • GF Score™: 33/100 with 3 warning signs
  • Industry Position: 89.1% below the Hardware median (#84 of 1977)

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


Tobii AB Business Description

Address Karlsrovagen 2D, Danderyd, SWE, S-182 53
Tobii AB, along with its subsidiaries, provides eye-tracking solutions. The group comprises three business segment The Products & Solutions segment offers B2B customers and consumers a portfolio of eye tracking solutions, including hardware products, software products and service. The Integrations segment offers OEM manufacturers and consumer electronics companies a broad range of integration products. and The Autosense segment provides interior sensing solutions for the automotive industry, including driver monitoring systems (DMS) and in-cabin occupant monitoring systems (OMS), to vehicle original equipment manufacturers (OEMs). Business operates through Sweden, EMEA, America and Other countries.
33GF Score

Get the complete analysis for TBIIF

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

$0.19
Price
$0.20
GF Value