RTOBF (Ratos AB) Cyclically Adjusted Price-to-FCF: 5.43 (As of Jul. 21, 2026) — 63% Below Median

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RTOBF Ratos AB RTOBF
56 GF Score
Price $3.42
GF Value $2.35
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Ratos AB Cyclically Adjusted Price-to-FCF?

Ratos AB RTOBF 56 Cyclically Adjusted Price-to-FCF is 5.43 as of Jul. 21, 2026, which is 63% below its 10-year median of 14.50. GuruFocus rates RTOBF with a GF Score™ of 56/100 and a GF Value™ of $2.35 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 708 Construction companies, Ratos AB ranks better than 87.15% on this metric.

As of today (2026-07-21), Ratos AB's current share price is $3.42. Ratos AB's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 was $0.63. Ratos AB's Cyclically Adjusted Price-to-FCF for today is 5.43.

The historical rank and industry rank for Ratos AB's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

RTOBF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 5.39   Med: 14.5   Max: 42.39
Current: 6.01

During the past years, Ratos AB's highest Cyclically Adjusted Price-to-FCF was 42.39. The lowest was 5.39. And the median was 14.50.

RTOBF's Cyclically Adjusted Price-to-FCF is ranked better than
87.15% of 708 companies
in the Construction industry
Industry Median: 17.84 vs RTOBF: 6.01

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 Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Ratos AB's adjusted free cash flow per share data for the three months ended in Jun. 2026 was $0.449. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $0.63 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ratos AB  (OTCPK:RTOBF) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow 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 Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Ratos AB Cyclically Adjusted Price-to-FCF Related Terms


Ratos AB Cyclically Adjusted Price-to-FCF Historical Data

* Premium members only.

The historical data trend for Ratos AB's Cyclically Adjusted Price-to-FCF 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.

Ratos AB Cyclically Adjusted Price-to-FCF Chart

Ratos AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.95 12.66 7.95 6.38 6.51

Ratos AB Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted Price-to-FCF 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 6.98 6.19 6.51 5.57 5.43

RTOBF vs PWR, FIX, EME: Cyclically Adjusted Price-to-FCF Comparison

For the Engineering & Construction subindustry, Ratos AB's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF 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.


Ratos AB Cyclically Adjusted Price-to-FCF vs Construction Industry

For the Construction industry and Industrials sector, Ratos AB's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Ratos AB's Cyclically Adjusted Price-to-FCF falls into.


RTOBF
56GF Score
Ratos AB RTOBF
Cyclically Adjusted Price-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ratos AB Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF 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 Price-to-FCF.

Ratos AB's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=3.42/0.63
=5.43

* 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.

Ratos AB's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Ratos AB's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2026 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.449/134.1100*134.1100
=0.449

Current CPI (Jun. 2026) = 134.1100.

Ratos AB Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201609 -0.047 101.138 -0.062
201612 0.305 102.022 0.401
201703 -0.099 102.022 -0.130
201706 0.249 102.752 0.325
201709 -0.210 103.279 -0.273
201712 0.302 103.793 0.390
201803 -0.169 103.962 -0.218
201806 0.323 104.875 0.413
201809 -0.184 105.679 -0.234
201812 0.098 105.912 0.124
201903 -0.053 105.886 -0.067
201906 0.430 106.742 0.540
201909 -0.038 107.214 -0.048
201912 0.222 107.766 0.276
202003 0.032 106.563 0.040
202006 0.513 107.498 0.640
202009 0.133 107.635 0.166
202012 0.193 108.296 0.239
202103 -0.175 108.360 -0.217
202106 0.496 108.928 0.611
202109 0.011 110.338 0.013
202112 0.040 112.486 0.048
202203 -0.147 114.825 -0.172
202206 0.281 118.384 0.318
202209 0.186 122.296 0.204
202212 -0.031 126.365 -0.033
202303 0.115 127.042 0.121
202306 0.551 129.407 0.571
202309 0.250 130.224 0.257
202312 0.242 131.912 0.246
202403 -0.064 132.205 -0.065
202406 0.384 132.716 0.388
202409 0.213 132.304 0.216
202412 0.370 132.987 0.373
202503 -0.103 132.825 -0.104
202506 0.301 133.699 0.302
202509 0.242 133.480 0.243
202512 0.181 133.390 0.182
202603 -0.024 133.560 -0.024
202606 0.449 134.110 0.449

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF 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 Price-to-FCF of 5.43 mean?
Ratos AB (RTOBF) has a Cyclically Adjusted Price-to-FCF of 5.43 as of Jul. 21, 2026. Cyclically Adjusted Price-to-FCF Ratio is the ratio of share price to a company's inflation-adjusted FCF per share over a 10-year period. View historical data on Ratos AB and its competitors. This is 63% below median its historical median of 14.50. Over the past decade, Ratos AB's Cyclically Adjusted Price-to-FCF has ranged from 5.39 to 42.39. According to the industry distribution chart, Ratos AB ranks #91 out of 708 companies in the Construction industry, placing it in the top 12.9%.
Is Ratos AB's Cyclically Adjusted Price-to-FCF too high?
Ratos AB's current Cyclically Adjusted Price-to-FCF of 5.43 is 63% below median its 10-year median of 14.50. Over the past 10 years, this metric has ranged from a low of 5.39 to a high of 42.39. The Construction industry median Cyclically Adjusted Price-to-FCF is 17.84. Ratos AB's value of 5.43 is 69.6% below this industry median. Based on the distribution chart, Ratos AB ranks #91 out of 708 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Ratos AB has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ratos AB's Cyclically Adjusted Price-to-FCF compare to PWR and FIX?
According to the Construction industry distribution chart, Ratos AB ranks #91 out of 708 companies for Cyclically Adjusted Price-to-FCF. This places Ratos AB in the top 13% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted Price-to-FCF is 17.84. Ratos AB's value of 5.43 is 69.6% below this benchmark. Historically, Ratos AB's own Cyclically Adjusted Price-to-FCF has ranged from 5.39 to 42.39 over the past decade. While the company's 10-year median is 14.50 vs. the industry median of 17.84, Ratos 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 Price-to-FCF for a Construction company?
The median Cyclically Adjusted Price-to-FCF among Construction companies is 17.84, based on 708 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted Price-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted Price-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ratos AB's current Cyclically Adjusted Price-to-FCF of 5.43 is 69.6% 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 Price-to-FCF mean?
A high Cyclically Adjusted Price-to-FCF can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted Price-to-FCF Ratio is the ratio of share price to a company's inflation-adjusted FCF per share over a 10-year period. View historical data on Ratos AB and its competitors. For the Construction industry, the median Cyclically Adjusted Price-to-FCF is 17.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ratos AB's current Cyclically Adjusted Price-to-FCF is 5.43, which is 63% below median its own 10-year median of 14.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ratos AB stock overvalued right now?
Based on GuruFocus' analysis, Ratos AB (RTOBF) is currently considered Significantly Overvalued. The stock's GF Value™ is $2.35, compared to a current price of $3.42 — trading 45.5% above its estimated fair value. The current Cyclically Adjusted Price-to-FCF is 5.43, which is 63% below median its 10-year median of 14.50 and 69.6% below the Construction industry median of 17.84. Ratos AB's overall GF Score™ is 56/100 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 Price-to-FCF calculated?
Cyclically Adjusted Price-to-FCF is calculated from a company's financial statements. For Ratos AB (RTOBF), the current Cyclically Adjusted Price-to-FCF is 5.43 as of Jul. 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 Ratos AB (RTOBF) Overvalued in 2026?

Based on GuruFocus' analysis, Ratos AB stock appears to be overvalued. The current stock price of $3.42 is trading 45.5% above its estimated GF Value™ of $2.35. GuruFocus considers Ratos AB to be Significantly Overvalued.

Key valuation signals for RTOBF:

  • Cyclically Adjusted Price-to-FCF: 5.43 (63% below median its 10-year median of 14.50)
  • GF Value™: $2.35 vs. price of $3.42 (45.5% above fair value)
  • GF Score™: 56/100 with 3 warning signs
  • Industry Position: 69.6% below the Construction median (#91 of 708)

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


Ratos AB Business Description

Address Sturegatan 10, Box 511, Stockholm, SWE, SE-114 11
Ratos AB is an investment company that owns and develops unlisted medium-and small-sized Nordic companies. The company focuses on technological and infrastructure solutions and comprises two business segment; Construction & Services and Consumer. Majority of the revenue is generated from its Construction & Services segment which predominantly includes maintenance of infrastructure within railway, road, energy solutions, and construction of new critical buildings such as hospitals, schools, police stations and governmental buildings in the Nordics. Geographically, the company generates majority of its revenue from Norway and rest from Sweden and other regions.
56GF Score

Get the complete analysis for RTOBF

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

$3.42
Price
$2.35
GF Value