SBO AG (WBO:SBO) Cyclically Adjusted PB Ratio: 0.99 (As of Jul. 29, 2026) — 34% Below Median

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WBO:SBO SBO AG WBO:SBO
81 GF Score
Price €29.45
GF Value €28.33
Valuation Fairly Valued
! 5 Warning Signs
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What is SBO AG Cyclically Adjusted PB Ratio?

SBO AG WBO:SBO -3.92% 81 Cyclically Adjusted PB Ratio is 0.99 as of Jul. 29, 2026, which is 34% below its 10-year median of 1.50. GuruFocus rates WBO:SBO with a GF Score™ of 81/100 and a GF Value™ of €28.33 (Fairly Valued). The stock has 5 warning signs investors should review. Among 765 Oil & Gas companies, SBO AG ranks better than 55.69% on this metric.

As of today (2026-07-29), SBO AG's current share price is €29.45. SBO AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €29.77. SBO AG's Cyclically Adjusted PB Ratio for today is 0.99.

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

WBO:SBO' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.78   Med: 1.5   Max: 4.74
Current: 1.05

During the past years, SBO AG's highest Cyclically Adjusted PB Ratio was 4.74. The lowest was 0.78. And the median was 1.50.

WBO:SBO's Cyclically Adjusted PB Ratio is ranked better than
55.69% of 765 companies
in the Oil & Gas industry
Industry Median: 1.2 vs WBO:SBO: 1.05

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.

SBO AG's adjusted book value per share data for the three months ended in Mar. 2026 was €27.488. 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 €29.77 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


SBO AG  (WBO:SBO) 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.


SBO AG Cyclically Adjusted PB Ratio Related Terms


SBO AG Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for SBO AG'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.

SBO AG Cyclically Adjusted PB Ratio Chart

SBO AG 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 1.19 2.04 1.48 1.00 0.92

SBO AG 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 1.18 1.01 0.90 0.92 1.21

WBO:SBO vs SLB, BKR, FTI: Cyclically Adjusted PB Ratio Comparison

For the Oil & Gas Equipment & Services subindustry, SBO AG'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.


SBO AG Cyclically Adjusted PB Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, SBO AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


WBO:SBO
81GF Score
SBO AG WBO:SBO
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SBO AG 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.

SBO AG's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=29.45/29.77
=0.99

* 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.

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

For example, SBO AG'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)
=27.488/142.1600*142.1600
=27.488

Current CPI (Mar. 2026) = 142.1600.

SBO AG Quarterly Data

Book Value per Share CPI Adj_Book
201606 26.189 101.092 36.828
201609 25.554 101.192 35.900
201612 26.697 102.092 37.175
201703 26.052 102.592 36.100
201706 24.210 102.991 33.417
201709 18.707 103.591 25.672
201712 20.185 104.291 27.514
201803 19.790 104.491 26.924
201806 20.954 105.091 28.345
201809 22.418 105.691 30.153
201812 21.620 106.291 28.916
201903 24.190 106.391 32.323
201906 23.397 106.791 31.146
201909 25.114 106.991 33.369
201912 23.196 108.091 30.507
202003 23.766 108.024 31.276
202006 20.966 107.915 27.619
202009 19.234 108.348 25.236
202012 18.256 109.321 23.740
202103 19.178 110.186 24.743
202106 19.097 110.943 24.470
202109 20.004 111.916 25.410
202112 21.672 113.971 27.032
202203 22.917 117.647 27.692
202206 24.889 120.567 29.347
202209 27.908 123.811 32.044
202212 27.021 125.541 30.598
202303 27.398 128.460 30.320
202306 26.921 130.191 29.396
202309 28.340 131.272 30.691
202312 28.429 132.570 30.486
202403 30.074 133.759 31.963
202406 29.011 134.083 30.759
202409 28.164 133.651 29.957
202412 31.265 135.273 32.857
202503 30.753 137.760 31.735
202506 26.560 138.517 27.259
202509 26.590 138.950 27.204
202512 26.774 140.350 27.119
202603 27.488 142.160 27.488

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 0.99 mean?
SBO AG (WBO:SBO) has a Cyclically Adjusted PB Ratio of 0.99 as of Jul. 29, 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 SBO AG and its competitors. This is 34% below median its historical median of 1.50. Over the past decade, SBO AG's Cyclically Adjusted PB Ratio has ranged from 0.78 to 4.74. According to the industry distribution chart, SBO AG ranks #339 out of 765 companies in the Oil & Gas industry, placing it in the top 44.3%.
Is SBO AG's Cyclically Adjusted PB Ratio too high?
SBO AG's current Cyclically Adjusted PB Ratio of 0.99 is 34% below median its 10-year median of 1.50. Over the past 10 years, this metric has ranged from a low of 0.78 to a high of 4.74. The Oil & Gas industry median Cyclically Adjusted PB Ratio is 1.20. SBO AG's value of 0.99 is 17.5% below this industry median. Based on the distribution chart, SBO AG ranks #339 out of 765 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, SBO AG has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does SBO AG's Cyclically Adjusted PB Ratio compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, SBO AG ranks #339 out of 765 companies for Cyclically Adjusted PB Ratio. This puts SBO AG in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.20. SBO AG's value of 0.99 is 17.5% below this benchmark. Historically, SBO AG's own Cyclically Adjusted PB Ratio has ranged from 0.78 to 4.74 over the past decade. While the company's 10-year median is 1.50 vs. the industry median of 1.20, SBO AG 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 an Oil & Gas company?
The median Cyclically Adjusted PB Ratio among Oil & Gas companies is 1.20, based on 765 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. SBO AG's current Cyclically Adjusted PB Ratio of 0.99 is 17.5% 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 SBO AG and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PB Ratio is 1.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SBO AG's current Cyclically Adjusted PB Ratio is 0.99, which is 34% below median its own 10-year median of 1.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SBO AG stock overvalued right now?
Based on GuruFocus' analysis, SBO AG (WBO:SBO) is currently considered Fairly Valued. The stock's GF Value™ is €28.33, compared to a current price of €29.45 — trading 4% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.99, which is 34% below median its 10-year median of 1.50 and 17.5% below the Oil & Gas industry median of 1.20. SBO AG's overall GF Score™ is 81/100 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 SBO AG (WBO:SBO), the current Cyclically Adjusted PB Ratio is 0.99 as of Jul. 29, 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 SBO AG (WBO:SBO) Overvalued in 2026?

Based on GuruFocus' analysis, SBO AG stock appears to be overvalued. The current stock price of €29.45 is trading 4% above its estimated GF Value™ of €28.33. GuruFocus considers SBO AG to be Fairly Valued.

Key valuation signals for WBO:SBO:

  • Cyclically Adjusted PB Ratio: 0.99 (34% below median its 10-year median of 1.50)
  • GF Value™: €28.33 vs. price of €29.45 (4% above fair value)
  • GF Score™: 81/100 with 5 warning signs
  • Industry Position: 17.5% below the Oil & Gas median (#339 of 765)

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


SBO AG Business Description

Industry EnergyOil & Gas
Other Exchanges SBOv:UK0O05:UKSLL:Germany
Address Hauptstrasse 2, Ternitz, AUT, 2630
SBO AG is a leader in the manufacture of high-alloy, non-magnetic steel and high-precision components and equipment for the energy sector and beyond. It delivers cutting-edge, high-performance solutions backed by a inventive product portfolio, protected through intellectual property. The company stays close to customers, providing fast and high-quality services.
81GF Score

Get the complete analysis for WBO:SBO

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

€29.45
Price
€28.33
GF Value