Opsy Holding AB (XSAT:OPSYH) Cyclically Adjusted PB Ratio: 0.02 (As of Aug. 18, 2026) — 100% Above Median

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.

XSAT:OPSYH Opsy Holding AB XSAT:OPSYH
10 GF Score
Price kr10.00
! 4 Warning Signs
View Full Analysis

What is Opsy Holding AB Cyclically Adjusted PB Ratio?

Opsy Holding AB XSAT:OPSYH -3.85% 10 Cyclically Adjusted PB Ratio is 0.02 as of Aug. 18, 2026, which is 100% above its 10-year median of 0.01. GuruFocus rates XSAT:OPSYH with a GF Score™ of 10/100. The stock has 4 warning signs investors should review. Among 1,548 Software companies, Opsy Holding AB ranks better than 99.1% on this metric.

As of today (2026-08-18), Opsy Holding AB's current share price is kr10.00. Opsy Holding AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was kr530.65. Opsy Holding AB's Cyclically Adjusted PB Ratio for today is 0.02.

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

XSAT:OPSYH' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.01   Max: 0.17
Current: 0.02

During the past years, Opsy Holding AB's highest Cyclically Adjusted PB Ratio was 0.17. The lowest was 0.01. And the median was 0.01.

XSAT:OPSYH's Cyclically Adjusted PB Ratio is ranked better than
99.1% of 1548 companies
in the Software industry
Industry Median: 2.34 vs XSAT:OPSYH: 0.02

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.

Opsy Holding AB's adjusted book value per share data for the three months ended in Mar. 2026 was kr-0.046. 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 kr530.65 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Opsy Holding AB  (XSAT:OPSYH) 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.


Opsy Holding AB Cyclically Adjusted PB Ratio Related Terms


Opsy Holding AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Opsy Holding 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.

Opsy Holding AB Cyclically Adjusted PB Ratio Chart

Opsy Holding 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 0.38 0.23 0.08 0.01 0.01

Opsy Holding 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 0.01 0.01 0.01 0.01 0.01

XSAT:OPSYH vs QH, SHOP, UBER: Cyclically Adjusted PB Ratio Comparison

For the Software - Application subindustry, Opsy Holding 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.


Opsy Holding AB Cyclically Adjusted PB Ratio vs Software Industry

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

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


XSAT:OPSYH
10GF Score
Opsy Holding AB XSAT:OPSYH
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Opsy Holding 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=10.00/530.65
=0.02

* 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.

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

For example, Opsy Holding 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)
=-0.046/133.5600*133.5600
=-0.046

Current CPI (Mar. 2026) = 133.5600.

Opsy Holding AB Quarterly Data

Book Value per Share CPI Adj_Book
201606 2,472.231 101.019 3,268.592
201609 2,362.148 101.138 3,119.402
201612 795.192 102.022 1,041.014
201703 506.148 102.022 662.616
201706 97.154 102.752 126.283
201709 -210.344 103.279 -272.016
201712 1,252.563 103.793 1,611.793
201803 1,072.912 103.962 1,378.373
201806 964.441 104.875 1,228.237
201809 890.636 105.679 1,125.612
201812 540.545 105.912 681.655
201903 404.667 105.886 510.428
201906 786.821 106.742 984.508
201909 599.000 107.214 746.195
201912 394.487 107.766 488.909
202003 176.744 106.563 221.521
202006 515.127 107.498 640.016
202009 445.169 107.635 552.392
202012 358.859 108.296 442.577
202103 295.035 108.360 363.649
202106 396.239 108.928 485.843
202109 346.534 110.338 419.466
202112 261.417 112.486 310.393
202203 209.166 114.825 243.293
202206 161.374 118.384 182.062
202209 112.270 122.296 122.610
202212 80.277 126.365 84.848
202303 107.402 127.042 112.913
202306 89.201 129.407 92.064
202309 79.482 130.224 81.518
202312 60.989 131.912 61.751
202403 47.035 132.205 47.517
202406 31.747 132.716 31.949
202409 18.696 132.304 18.873
202412 -1.224 132.987 -1.229
202503 9.694 132.825 9.748
202506 0.398 133.699 0.398
202509 0.122 133.480 0.122
202512 0.122 133.390 0.122
202603 -0.046 133.560 -0.046

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 0.02 mean?
Opsy Holding AB (XSAT:OPSYH) has a Cyclically Adjusted PB Ratio of 0.02 as of Aug. 18, 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 Opsy Holding AB and its competitors. This is 100% above median its historical median of 0.01. Over the past decade, Opsy Holding AB's Cyclically Adjusted PB Ratio has ranged from 0.01 to 0.17. According to the industry distribution chart, Opsy Holding AB ranks #14 out of 1548 companies in the Software industry, placing it in the top 0.90000000000001%.
Is Opsy Holding AB's Cyclically Adjusted PB Ratio too high?
Opsy Holding AB's current Cyclically Adjusted PB Ratio of 0.02 is 100% above median its 10-year median of 0.01. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.17. The Software industry median Cyclically Adjusted PB Ratio is 2.34. Opsy Holding AB's value of 0.02 is 99.1% below this industry median. Based on the distribution chart, Opsy Holding AB ranks #14 out of 1548 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Opsy Holding AB has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Opsy Holding AB's Cyclically Adjusted PB Ratio compare to QH and SHOP?
According to the Software industry distribution chart, Opsy Holding AB ranks #14 out of 1548 companies for Cyclically Adjusted PB Ratio. This places Opsy Holding AB in the top 1% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 2.34. Opsy Holding AB's value of 0.02 is 99.1% below this benchmark. Historically, Opsy Holding AB's own Cyclically Adjusted PB Ratio has ranged from 0.01 to 0.17 over the past decade. While the company's 10-year median is 0.01 vs. the industry median of 2.34, Opsy Holding 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 Software company?
The median Cyclically Adjusted PB Ratio among Software companies is 2.34, based on 1,548 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. Opsy Holding AB's current Cyclically Adjusted PB Ratio of 0.02 is 99.1% 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 Opsy Holding AB and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Opsy Holding AB's current Cyclically Adjusted PB Ratio is 0.02, which is 100% above median its own 10-year median of 0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Opsy Holding AB stock overvalued right now?
Opsy Holding AB (XSAT:OPSYH) has a current Cyclically Adjusted PB Ratio of 0.02. The current Cyclically Adjusted PB Ratio is 0.02, which is 100% above median its 10-year median of 0.01 and 99.1% below the Software industry median of 2.34. Opsy Holding AB's overall GF Score™ is 10/100 with 4 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 Opsy Holding AB (XSAT:OPSYH), the current Cyclically Adjusted PB Ratio is 0.02 as of Aug. 18, 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.

Opsy Holding AB Business Description

Address Gamla Brogatan 27, Stockholm, SWE, 111 20
Opsy Holding AB is a Swedish tech company that develops solutions at the intersection of medicine and insurance. The group assures, optimizes, and modernizes handling illnesses, accidents, and personal injuries. It's platform OpsyOne, develop and automates claims settlement processes to increase precision, transparency, and efficiency.
10GF Score

Get the complete analysis for XSAT:OPSYH

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

kr10.00
Price