Bavarian Nordic AS (CHIX:BAVAC) Book Value per Share: kr164.48 (As of Mar. 2026)


CHIX:BAVAC Bavarian Nordic AS CHIX:BAVAC
82 GF Score
Price kr188.30
GF Value kr158.71
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Bavarian Nordic AS Book Value per Share?

Bavarian Nordic AS CHIX:BAVAC 82 Book Value per Share is kr164.48 as of Mar. 2026. GuruFocus rates CHIX:BAVAC with a GF Score™ of 82/100 and a GF Value™ of kr158.71 (Modestly Overvalued). The stock has 3 warning signs investors should review.

Bavarian Nordic AS's book value per share for the quarter that ended in Mar. 2026 was kr164.48.

During the past 12 months, Bavarian Nordic AS's average Book Value Per Share Growth Rate was 10.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 17.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 14.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 15.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Bavarian Nordic AS was 67.80% per year. The lowest was -21.90% per year. And the median was 11.85% per year.

Bavarian Nordic AS's current price is kr188.30. Its book value per share for the quarter that ended in Mar. 2026 was kr164.48. Hence, today's PB Ratio of Bavarian Nordic AS is 1.14.

During the past 13 years, the highest P/B Ratio of Bavarian Nordic AS was 6.40. The lowest was 0.96. And the median was 2.22.

Good Sign:

Bavarian Nordic AS stock PB Ratio (=1.12) is close to 1-year low of 1.05.


Bavarian Nordic AS  (CHIX:BAVAc) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Bavarian Nordic AS Book Value per Share Related Terms


Bavarian Nordic AS Book Value per Share Historical Data

* Premium members only.

The historical data trend for Bavarian Nordic AS's Book Value per Share 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.

Bavarian Nordic AS Book Value per Share Chart

Bavarian Nordic AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 104.82 101.29 132.66 145.20 164.43

Bavarian Nordic AS Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Book Value per Share 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 148.52 154.76 168.13 164.43 164.48

CHIX:BAVAC vs VRTX, REGN, ALNY: Book Value per Share Comparison

For the Biotechnology subindustry, Bavarian Nordic AS's PB Ratio, along with its competitors' market caps and 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.


Bavarian Nordic AS PB Ratio vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Bavarian Nordic AS's PB Ratio distribution charts can be found below:

* The bar in red indicates where Bavarian Nordic AS's PB Ratio falls into.


CHIX:BAVAC
82GF Score
Bavarian Nordic AS CHIX:BAVAC
Book Value per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bavarian Nordic AS Book Value per Share Calculation

Bavarian Nordic AS's Book Value Per Share for the fiscal year that ended in Dec. 2025 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(12,870-0)/78
=164.43

Bavarian Nordic AS's Book Value Per Share for the quarter that ended in Mar. 2026 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(12,688-0)/77
=164.48

* 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.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.

Frequently Asked Questions Learn more about Book Value per Share →
What does a Book Value per Share of kr164.48 mean?
Bavarian Nordic AS (CHIX:BAVAC) has a Book Value per Share of kr164.48 as of Mar. 2026. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Bavarian Nordic AS and its competitors.
Is Bavarian Nordic AS's Book Value per Share too high?
Bavarian Nordic AS's current Book Value per Share is kr164.48. Overall, Bavarian Nordic AS has a GF Score™ of 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bavarian Nordic AS's Book Value per Share compare to VRTX and REGN?
Bavarian Nordic AS's Book Value per Share of kr164.48 can be compared against companies in the Biotechnology industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Book Value per Share for a Biotechnology company?
A good Book Value per Share depends on the Biotechnology industry context. However, Book Value per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Book Value per Share mean?
A high Book Value per Share can signal that a stock is expensive relative to its fundamentals. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Bavarian Nordic AS and its competitors. Bavarian Nordic AS's current Book Value per Share is kr164.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bavarian Nordic AS stock overvalued right now?
Based on GuruFocus' analysis, Bavarian Nordic AS (CHIX:BAVAC) is currently considered Modestly Overvalued. The stock's GF Value™ is kr158.71, compared to a current price of kr188.30 — trading 18.6% above its estimated fair value. The current Book Value per Share is kr164.48. Bavarian Nordic AS's overall GF Score™ is 82/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Book Value per Share calculated?
Book Value per Share is calculated from a company's financial statements. For Bavarian Nordic AS (CHIX:BAVAC), the current Book Value per Share is kr164.48 as of Mar. 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 Bavarian Nordic AS (CHIX:BAVAC) Overvalued in 2026?

Based on GuruFocus' analysis, Bavarian Nordic AS stock appears to be overvalued. The current stock price of kr188.30 is trading 18.6% above its estimated GF Value™ of kr158.71. GuruFocus considers Bavarian Nordic AS to be Modestly Overvalued.

Key valuation signals for CHIX:BAVAC:

  • Book Value per Share: kr164.48
  • GF Value™: kr158.71 vs. price of kr188.30 (18.6% above fair value)
  • GF Score™: 82/100 with 3 warning signs

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


Bavarian Nordic AS Business Description

Address Philip Heymans Alle 3, Hellerup, DNK, 2900
Bavarian Nordic AS is a biotechnology company focused on the research, development, manufacturing, and commercialization of life-saving vaccines. The group is a supplier of mpox and smallpox vaccines to governments to enhance public health preparedness and has a portfolio of travel vaccines. The vast majority of the company's revenue is generated in the United States, Germany, and other geographic markets. Its products include Encepur, Jynneos, Rabipur, Vaxchora, VIMKUNYA and Vivotif.
82GF Score

Get the complete analysis for CHIX:BAVAC

Book Value per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr188.30
Price
kr158.71
GF Value