AFGVF (Agfa-Gevaert NV) Cyclically Adjusted Book per Share: $3.76 (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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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.

AFGVF Agfa-Gevaert NV AFGVF
18 GF Score
Price $0.57
GF Value $1.34
! 5 Warning Signs
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What is Agfa-Gevaert NV Cyclically Adjusted Book per Share?

Agfa-Gevaert NV AFGVF 18 Cyclically Adjusted Book per Share is $3.76 as of Jun. 2026. GuruFocus rates AFGVF with a GF Score™ of 18/100 and a GF Value™ of $1.34. The stock has 5 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Agfa-Gevaert NV's adjusted book value per share for the three months ended in Jun. 2026 was $1.712. 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 $3.76 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Agfa-Gevaert NV's average Cyclically Adjusted Book Growth Rate was 2.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.10% 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 Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Agfa-Gevaert NV was 5.10% per year. The lowest was -13.30% per year. And the median was -0.50% per year.

As of today (2026-09-14), Agfa-Gevaert NV's current stock price is $0.571. Agfa-Gevaert NV's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $3.76. Agfa-Gevaert NV's Cyclically Adjusted PB Ratio of today is 0.15.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Agfa-Gevaert NV was 1.95. The lowest was 0.13. And the median was 1.12.


Agfa-Gevaert NV  (OTCPK:AFGVF) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Agfa-Gevaert NV's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.571/3.76
=0.15

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Agfa-Gevaert NV was 1.95. The lowest was 0.13. And the median was 1.12.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Agfa-Gevaert NV Cyclically Adjusted Book per Share Related Terms


Agfa-Gevaert NV Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Agfa-Gevaert NV's Cyclically Adjusted Book 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.

Agfa-Gevaert NV Cyclically Adjusted Book per Share Chart

Agfa-Gevaert NV Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.49 2.69 2.66 2.69 4.28

Agfa-Gevaert NV Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted Book 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 2.76 3.44 4.28 3.49 3.76

AFGVF vs GEV, ETN, PH: Cyclically Adjusted Book per Share Comparison

For the Specialty Industrial Machinery subindustry, Agfa-Gevaert NV'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.


Agfa-Gevaert NV Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Agfa-Gevaert NV's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Agfa-Gevaert NV's Cyclically Adjusted PB Ratio falls into.


AFGVF
18GF Score
Agfa-Gevaert NV AFGVF
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Agfa-Gevaert NV Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Agfa-Gevaert NV's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=1.712/138.0500*138.0500
=1.712

Current CPI (Jun. 2026) = 138.0500.

Agfa-Gevaert NV Quarterly Data

Book Value per Share CPI Adj_Book
201609 2.201 102.118 2.975
201612 1.352 102.614 1.819
201703 1.460 103.972 1.939
201706 1.547 103.902 2.055
201709 1.634 104.170 2.165
201712 1.940 104.804 2.555
201803 1.882 105.419 2.465
201806 1.880 106.063 2.447
201809 1.815 106.618 2.350
201812 1.709 107.252 2.200
201903 1.765 107.876 2.259
201906 1.852 107.896 2.370
201909 1.819 107.470 2.337
201912 0.550 108.065 0.703
202003 0.408 108.550 0.519
202006 4.934 108.540 6.275
202009 4.929 108.441 6.275
202012 4.134 108.511 5.259
202103 4.073 109.522 5.134
202106 4.820 110.305 6.032
202109 4.653 111.543 5.759
202112 4.451 114.705 5.357
202203 4.385 118.620 5.103
202206 5.025 120.948 5.736
202209 4.662 124.120 5.185
202212 3.558 126.578 3.880
202303 3.084 126.528 3.365
202306 3.030 125.973 3.320
202309 2.916 127.083 3.168
202312 2.782 128.292 2.994
202403 2.668 130.552 2.821
202406 2.642 130.691 2.791
202409 2.566 130.968 2.705
202412 2.185 132.346 2.279
202503 2.039 134.348 2.095
202506 2.309 133.495 2.388
202509 2.191 133.740 2.262
202512 1.921 135.070 1.963
202603 1.822 136.560 1.842
202606 1.712 138.050 1.712

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

What does a Cyclically Adjusted Book per Share of $3.76 mean?
Agfa-Gevaert NV (AFGVF) has a Cyclically Adjusted Book per Share of $3.76 as of Jun. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Agfa-Gevaert NV and its competitors.
Is Agfa-Gevaert NV's Cyclically Adjusted Book per Share too high?
Agfa-Gevaert NV's current Cyclically Adjusted Book per Share is $3.76. Overall, Agfa-Gevaert NV has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Agfa-Gevaert NV's Cyclically Adjusted Book per Share compare to GEV and ETN?
Agfa-Gevaert NV's Cyclically Adjusted Book per Share of $3.76 can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for an Industrial Products company?
A good Cyclically Adjusted Book per Share depends on the Industrial Products industry context. However, Cyclically Adjusted Book 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 Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Agfa-Gevaert NV and its competitors. Agfa-Gevaert NV's current Cyclically Adjusted Book per Share is $3.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Agfa-Gevaert NV stock overvalued right now?
Agfa-Gevaert NV (AFGVF) has a current Cyclically Adjusted Book per Share of $3.76. The stock's GF Value™ is $1.34, compared to a current price of $0.57 — trading 57.4% below its estimated fair value. The current Cyclically Adjusted Book per Share is $3.76. Agfa-Gevaert NV's overall GF Score™ is 18/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Agfa-Gevaert NV (AFGVF), the current Cyclically Adjusted Book per Share is $3.76 as of Jun. 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 Agfa-Gevaert NV (AFGVF) Overvalued in 2026?

Based on GuruFocus' analysis, Agfa-Gevaert NV stock appears to be undervalued. The current stock price of $0.57 is trading 57.4% below its estimated GF Value™ of $1.34.

Key valuation signals for AFGVF:

  • Cyclically Adjusted Book per Share: $3.76
  • GF Value™: $1.34 vs. price of $0.57 (57.4% below fair value)
  • GF Score™: 18/100 with 5 warning signs

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


Agfa-Gevaert NV Business Description

Address Septestraat 27, Mortsel, BEL, B-2640
Agfa-Gevaert NV is company in imaging technology. It develops, manufactures and markets analog and digital systems for the healthcare sector, for the printing industry, for the green hydrogen industry and for specific industrial applications. The company operate and report through three business segments HealthCare IT, Industrial Solutions, and Imaging and Chemicals. The company operates in Europe, NAFTA, Latin America and Asia/Oceania/Africa. The majority of revenue comes from Europe.
18GF Score

Get the complete analysis for AFGVF

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

$0.57
Price
$1.34
GF Value