Vidhance AB (XSAT:VIDH) Cyclically Adjusted PB Ratio: 0.35 (As of Aug. 21, 2026) — 17% Below Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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XSAT:VIDH Vidhance AB XSAT:VIDH
55 GF Score
Price kr5.82
GF Value kr3.63
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Vidhance AB Cyclically Adjusted PB Ratio?

Vidhance AB XSAT:VIDH 55 Cyclically Adjusted PB Ratio is 0.35 as of Aug. 21, 2026, which is 17% below its 10-year median of 0.42. GuruFocus rates XSAT:VIDH with a GF Score™ of 55/100 and a GF Value™ of kr3.63 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,535 Software companies, Vidhance AB ranks better than 89.45% on this metric.

As of today (2026-08-21), Vidhance AB's current share price is kr5.82. Vidhance AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was kr16.54. Vidhance AB's Cyclically Adjusted PB Ratio for today is 0.35.

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

XSAT:VIDH' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.24   Med: 0.42   Max: 0.8
Current: 0.39

During the past years, Vidhance AB's highest Cyclically Adjusted PB Ratio was 0.80. The lowest was 0.24. And the median was 0.42.

XSAT:VIDH's Cyclically Adjusted PB Ratio is ranked better than
89.45% of 1535 companies
in the Software industry
Industry Median: 2.31 vs XSAT:VIDH: 0.39

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.

Vidhance AB's adjusted book value per share data for the three months ended in Mar. 2026 was kr5.383. 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 kr16.54 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vidhance AB  (XSAT:VIDH) 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.


Vidhance AB Cyclically Adjusted PB Ratio Related Terms


Vidhance AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Vidhance 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.

Vidhance AB Cyclically Adjusted PB Ratio Chart

Vidhance 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 0.00 0.37 0.45

Vidhance 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 0.49 0.35 0.25 0.45 0.47

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

For the Software - Application subindustry, Vidhance 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.


Vidhance AB Cyclically Adjusted PB Ratio vs Software Industry

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

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


XSAT:VIDH
55GF Score
Vidhance AB XSAT:VIDH
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vidhance 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.82/16.54
=0.35

* 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.

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

For example, Vidhance 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)
=5.383/133.5600*133.5600
=5.383

Current CPI (Mar. 2026) = 133.5600.

Vidhance AB Quarterly Data

Book Value per Share CPI Adj_Book
201606 6.846 101.019 9.051
201609 6.460 101.138 8.531
201612 15.641 102.022 20.476
201703 15.164 102.022 19.852
201706 14.681 102.752 19.083
201709 14.459 103.279 18.698
201712 14.271 103.793 18.364
201803 13.848 103.962 17.791
201806 13.959 104.875 17.777
201809 14.146 105.679 17.878
201812 13.750 105.912 17.339
201903 13.152 105.886 16.589
201906 12.868 106.742 16.101
201909 12.911 107.214 16.084
201912 12.510 107.766 15.504
202003 11.966 106.563 14.998
202006 11.866 107.498 14.743
202009 12.303 107.635 15.266
202012 12.907 108.296 15.918
202103 13.801 108.360 17.011
202106 15.984 108.928 19.599
202109 17.432 110.338 21.101
202112 18.676 112.486 22.175
202203 19.790 114.825 23.019
202206 21.001 118.384 23.693
202209 21.998 122.296 24.024
202212 21.729 126.365 22.966
202303 20.850 127.042 21.920
202306 20.148 129.407 20.795
202309 19.170 130.224 19.661
202312 17.904 131.912 18.128
202403 16.616 132.205 16.786
202406 14.741 132.716 14.835
202409 13.328 132.304 13.454
202412 12.387 132.987 12.440
202503 10.495 132.825 10.553
202506 9.250 133.699 9.240
202509 8.131 133.480 8.136
202512 6.734 133.390 6.743
202603 5.383 133.560 5.383

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 0.35 mean?
Vidhance AB (XSAT:VIDH) has a Cyclically Adjusted PB Ratio of 0.35 as of Aug. 21, 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 Vidhance AB and its competitors. This is 17% below median its historical median of 0.42. Over the past decade, Vidhance AB's Cyclically Adjusted PB Ratio has ranged from 0.24 to 0.80. According to the industry distribution chart, Vidhance AB ranks #162 out of 1535 companies in the Software industry, placing it in the top 10.6%.
Is Vidhance AB's Cyclically Adjusted PB Ratio too high?
Vidhance AB's current Cyclically Adjusted PB Ratio of 0.35 is 17% below median its 10-year median of 0.42. Over the past 10 years, this metric has ranged from a low of 0.24 to a high of 0.80. The Software industry median Cyclically Adjusted PB Ratio is 2.31. Vidhance AB's value of 0.35 is 84.8% below this industry median. Based on the distribution chart, Vidhance AB ranks #162 out of 1535 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Vidhance AB has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Vidhance AB's Cyclically Adjusted PB Ratio compare to QH and SHOP?
According to the Software industry distribution chart, Vidhance AB ranks #162 out of 1535 companies for Cyclically Adjusted PB Ratio. This places Vidhance AB in the top 11% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 2.31. Vidhance AB's value of 0.35 is 84.8% below this benchmark. Historically, Vidhance AB's own Cyclically Adjusted PB Ratio has ranged from 0.24 to 0.80 over the past decade. While the company's 10-year median is 0.42 vs. the industry median of 2.31, Vidhance 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 2.31, based on 1,535 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. Vidhance AB's current Cyclically Adjusted PB Ratio of 0.35 is 84.8% 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 Vidhance AB and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vidhance AB's current Cyclically Adjusted PB Ratio is 0.35, which is 17% below median its own 10-year median of 0.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vidhance AB stock overvalued right now?
Based on GuruFocus' analysis, Vidhance AB (XSAT:VIDH) is currently considered Significantly Overvalued. The stock's GF Value™ is kr3.63, compared to a current price of kr5.82 — trading 60.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.35, which is 17% below median its 10-year median of 0.42 and 84.8% below the Software industry median of 2.31. Vidhance AB's overall GF Score™ is 55/100 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 Vidhance AB (XSAT:VIDH), the current Cyclically Adjusted PB Ratio is 0.35 as of Aug. 21, 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 Vidhance AB (XSAT:VIDH) Overvalued in 2026?

Based on GuruFocus' analysis, Vidhance AB stock appears to be overvalued. The current stock price of kr5.82 is trading 60.3% above its estimated GF Value™ of kr3.63. GuruFocus considers Vidhance AB to be Significantly Overvalued.

Key valuation signals for XSAT:VIDH:

  • Cyclically Adjusted PB Ratio: 0.35 (17% below median its 10-year median of 0.42)
  • GF Value™: kr3.63 vs. price of kr5.82 (60.3% above fair value)
  • GF Score™: 55/100 with 4 warning signs
  • Industry Position: 84.8% below the Software median (#162 of 1535)

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


Vidhance AB Business Description

Address Kungsangsgatan 12, Uppsala, SWE, 753 22
Vidhance AB is a company that operates in the IT sector. The company is a developer of software solutions and services that analyze and optimize video clips in the customer's camera in real time. The software is sold under separate brands and is specially adapted for mobile use, where the software adjusts for uncontrolled movements, vibrations and other friction.
55GF Score

Get the complete analysis for XSAT:VIDH

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

kr5.82
Price
kr3.63
GF Value