Safe at Sea AB (XSAT:SAFE) Cyclically Adjusted PB Ratio: 1.62 (As of Jul. 27, 2026) — 88% Above Median

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XSAT:SAFE Safe at Sea AB XSAT:SAFE
43 GF Score
Price kr1.22
GF Value kr0.97
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Safe at Sea AB Cyclically Adjusted PB Ratio?

Safe at Sea AB XSAT:SAFE -0.82% 43 Cyclically Adjusted PB Ratio is 1.62 as of Jul. 27, 2026, which is 88% above its 10-year median of 0.86. GuruFocus rates XSAT:SAFE with a GF Score™ of 43/100 and a GF Value™ of kr0.97 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 730 Business Services companies, Safe at Sea AB ranks worse than 51.92% on this metric.

As of today (2026-07-27), Safe at Sea AB's current share price is kr1.215. Safe at Sea AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was kr0.75. Safe at Sea AB's Cyclically Adjusted PB Ratio for today is 1.62.

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

XSAT:SAFE' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.4   Med: 0.86   Max: 1.85
Current: 1.62

During the past years, Safe at Sea AB's highest Cyclically Adjusted PB Ratio was 1.85. The lowest was 0.40. And the median was 0.86.

XSAT:SAFE's Cyclically Adjusted PB Ratio is ranked worse than
51.92% of 730 companies
in the Business Services industry
Industry Median: 1.56 vs XSAT:SAFE: 1.62

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.

Safe at Sea AB's adjusted book value per share data for the three months ended in Mar. 2026 was kr0.550. 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 kr0.75 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Safe at Sea AB  (XSAT:SAFE) 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.


Safe at Sea AB Cyclically Adjusted PB Ratio Related Terms


Safe at Sea AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Safe at Sea 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.

Safe at Sea AB Cyclically Adjusted PB Ratio Chart

Safe at Sea 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 1.26 0.55 0.67 1.16 1.63

Safe at Sea 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 1.34 0.99 1.00 1.63 1.68

XSAT:SAFE vs ALLE, MSA, ADT: Cyclically Adjusted PB Ratio Comparison

For the Security & Protection Services subindustry, Safe at Sea 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.


Safe at Sea AB Cyclically Adjusted PB Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, Safe at Sea AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


XSAT:SAFE
43GF Score
Safe at Sea AB XSAT:SAFE
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Safe at Sea 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.

Safe at Sea AB's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.215/0.75
=1.62

* 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.

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

For example, Safe at Sea 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)
=0.55/133.5600*133.5600
=0.550

Current CPI (Mar. 2026) = 133.5600.

Safe at Sea AB Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.595 101.019 2.109
201609 1.369 101.138 1.808
201612 1.825 102.022 2.389
201703 1.571 102.022 2.057
201706 1.843 102.752 2.396
201709 1.843 103.279 2.383
201712 0.767 103.793 0.987
201803 0.799 103.962 1.026
201806 0.558 104.875 0.711
201809 0.324 105.679 0.409
201812 0.804 105.912 1.014
201903 0.494 105.886 0.623
201906 0.404 106.742 0.506
201909 -0.049 107.214 -0.061
201912 0.429 107.766 0.532
202003 0.447 106.563 0.560
202006 0.449 107.498 0.558
202009 0.307 107.635 0.381
202012 0.375 108.296 0.462
202103 0.366 108.360 0.451
202106 0.313 108.928 0.384
202109 0.233 110.338 0.282
202112 0.466 112.486 0.553
202203 0.388 114.825 0.451
202206 0.344 118.384 0.388
202209 0.373 122.296 0.407
202212 0.357 126.365 0.377
202303 0.364 127.042 0.383
202306 0.384 129.407 0.396
202309 0.386 130.224 0.396
202312 0.395 131.912 0.400
202403 0.404 132.205 0.408
202406 0.411 132.716 0.414
202409 0.427 132.304 0.431
202412 0.454 132.987 0.456
202503 0.460 132.825 0.463
202506 0.488 133.699 0.487
202509 0.533 133.480 0.533
202512 0.542 133.390 0.543
202603 0.550 133.560 0.550

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 1.62 mean?
Safe at Sea AB (XSAT:SAFE) has a Cyclically Adjusted PB Ratio of 1.62 as of Jul. 27, 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 Safe at Sea AB and its competitors. This is 88% above median its historical median of 0.86. Over the past decade, Safe at Sea AB's Cyclically Adjusted PB Ratio has ranged from 0.40 to 1.85. According to the industry distribution chart, Safe at Sea AB ranks #379 out of 730 companies in the Business Services industry, placing it in the top 51.9%.
Is Safe at Sea AB's Cyclically Adjusted PB Ratio too high?
Safe at Sea AB's current Cyclically Adjusted PB Ratio of 1.62 is 88% above median its 10-year median of 0.86. Over the past 10 years, this metric has ranged from a low of 0.40 to a high of 1.85. The Business Services industry median Cyclically Adjusted PB Ratio is 1.56. Safe at Sea AB's value of 1.62 is 3.8% above this industry median. Based on the distribution chart, Safe at Sea AB ranks #379 out of 730 companies in the Business Services industry, which is below the industry midpoint. Overall, Safe at Sea AB has a GF Score™ of 43/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Safe at Sea AB's Cyclically Adjusted PB Ratio compare to ALLE and MSA?
According to the Business Services industry distribution chart, Safe at Sea AB ranks #379 out of 730 companies for Cyclically Adjusted PB Ratio. This places Safe at Sea AB in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.56. Safe at Sea AB's value of 1.62 is 3.8% above this benchmark. Historically, Safe at Sea AB's own Cyclically Adjusted PB Ratio has ranged from 0.40 to 1.85 over the past decade. While the company's 10-year median is 0.86 vs. the industry median of 1.56, Safe at Sea AB 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 a Business Services company?
The median Cyclically Adjusted PB Ratio among Business Services companies is 1.56, based on 730 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. Safe at Sea AB's current Cyclically Adjusted PB Ratio of 1.62 is 3.8% 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 Safe at Sea AB and its competitors. For the Business Services industry, the median Cyclically Adjusted PB Ratio is 1.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Safe at Sea AB's current Cyclically Adjusted PB Ratio is 1.62, which is 88% above median its own 10-year median of 0.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Safe at Sea AB stock overvalued right now?
Based on GuruFocus' analysis, Safe at Sea AB (XSAT:SAFE) is currently considered Modestly Overvalued. The stock's GF Value™ is kr0.97, compared to a current price of kr1.22 — trading 25.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.62, which is 88% above median its 10-year median of 0.86 and 3.8% above the Business Services industry median of 1.56. Safe at Sea AB's overall GF Score™ is 43/100 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 Safe at Sea AB (XSAT:SAFE), the current Cyclically Adjusted PB Ratio is 1.62 as of Jul. 27, 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 Safe at Sea AB (XSAT:SAFE) Overvalued in 2026?

Based on GuruFocus' analysis, Safe at Sea AB stock appears to be overvalued. The current stock price of kr1.22 is trading 25.3% above its estimated GF Value™ of kr0.97. GuruFocus considers Safe at Sea AB to be Modestly Overvalued.

Key valuation signals for XSAT:SAFE:

  • Cyclically Adjusted PB Ratio: 1.62 (88% above median its 10-year median of 0.86)
  • GF Value™: kr0.97 vs. price of kr1.22 (25.3% above fair value)
  • GF Score™: 43/100 with 3 warning signs
  • Industry Position: 3.8% above the Business Services median (#379 of 730)

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


Safe at Sea AB Business Description

Address Importgatan 15F, Hisings Backa, SWE, 442 46
Safe at Sea AB engages in the production, promotion, and sale of sea rescue equipment and systems worldwide. It principally produces Rescuerunner and Guardrunner.
43GF Score

Get the complete analysis for XSAT:SAFE

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

kr1.22
Price
kr0.97
GF Value