BALDF (Fastighets AB Balder) Cyclically Adjusted Book per Share: $6.38 (As of Mar. 2026)


BALDF Fastighets AB Balder BALDF
72 GF Score
Price $5.42
GF Value $6.78
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Fastighets AB Balder Cyclically Adjusted Book per Share?

Fastighets AB Balder BALDF 72 Cyclically Adjusted Book per Share is $6.38 as of Mar. 2026. GuruFocus rates BALDF with a GF Score™ of 72/100 and a GF Value™ of $6.78 (Modestly Undervalued). The stock has 8 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.

Fastighets AB Balder's adjusted book value per share for the three months ended in Mar. 2026 was $8.776. 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 $6.38 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Fastighets AB Balder's average Cyclically Adjusted Book Growth Rate was 10.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 13.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 20.90% 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 Fastighets AB Balder was 28.50% per year. The lowest was 13.90% per year. And the median was 24.25% per year.

As of today (2026-06-26), Fastighets AB Balder's current stock price is $5.41916. Fastighets AB Balder's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $6.38. Fastighets AB Balder's Cyclically Adjusted PB Ratio of today is 0.85.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Fastighets AB Balder was 4.22. The lowest was 0.80. And the median was 2.59.


Fastighets AB Balder  (OTCPK:BALDF) 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.

Fastighets AB Balder's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=5.41916/6.38
=0.85

* 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 Fastighets AB Balder was 4.22. The lowest was 0.80. And the median was 2.59.


Be Aware

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


Fastighets AB Balder Cyclically Adjusted Book per Share Related Terms


Fastighets AB Balder Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Fastighets AB Balder'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.

Fastighets AB Balder Cyclically Adjusted Book per Share Chart

Fastighets AB Balder 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 0.00 2.84 3.44 4.66 6.72

Fastighets AB Balder Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 5.67 6.12 6.00 6.72 6.38

Fastighets AB Balder Cyclically Adjusted Book per Share Competitor Comparison

For the Real Estate - Diversified subindustry, Fastighets AB Balder'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.


Fastighets AB Balder Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Fastighets AB Balder's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BALDF
72GF Score
Fastighets AB Balder BALDF
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fastighets AB Balder 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, Fastighets AB Balder'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)
=8.776/133.3862*133.3862
=8.776

Current CPI (Mar. 2026) = 133.3862.

Fastighets AB Balder Quarterly Data

Book Value per Share CPI Adj_Book
201606 2.671 101.019 3.527
201609 2.706 101.138 3.569
201612 2.810 102.022 3.674
201703 3.111 102.022 4.067
201706 3.355 102.752 4.355
201709 3.387 103.279 4.374
201712 3.453 103.793 4.438
201803 3.707 103.962 4.756
201806 3.658 104.875 4.652
201809 3.965 105.679 5.005
201812 4.116 105.912 5.184
201903 4.143 105.886 5.219
201906 4.253 106.742 5.315
201909 4.238 107.214 5.273
201912 4.811 107.766 5.955
202003 4.772 106.563 5.973
202006 5.082 107.498 6.306
202009 5.435 107.635 6.735
202012 6.220 108.296 7.661
202103 6.451 108.360 7.941
202106 6.759 108.928 8.277
202109 7.222 110.338 8.731
202112 7.630 112.486 9.048
202203 7.828 114.825 9.093
202206 7.723 118.384 8.702
202209 7.180 122.296 7.831
202212 7.531 126.365 7.949
202303 7.389 127.042 7.758
202306 7.171 129.407 7.392
202309 6.851 130.224 7.017
202312 6.954 131.912 7.032
202403 6.829 132.205 6.890
202406 6.846 132.716 6.881
202409 6.946 132.304 7.003
202412 6.764 132.987 6.784
202503 7.462 132.825 7.494
202506 8.006 133.699 7.987
202509 8.349 133.482 8.343
202512 8.515 133.386 8.515
202603 8.776 133.386 8.776

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 $6.38 mean?
Fastighets AB Balder (BALDF) has a Cyclically Adjusted Book per Share of $6.38 as of Mar. 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 Fastighets AB Balder and its competitors.
Is Fastighets AB Balder's Cyclically Adjusted Book per Share too high?
Fastighets AB Balder's current Cyclically Adjusted Book per Share is $6.38. Overall, Fastighets AB Balder has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fastighets AB Balder's Cyclically Adjusted Book per Share compare to competitors?
Fastighets AB Balder's Cyclically Adjusted Book per Share of $6.38 can be compared against companies in the Real Estate 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 a Real Estate company?
A good Cyclically Adjusted Book per Share depends on the Real Estate 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 Fastighets AB Balder and its competitors. Fastighets AB Balder's current Cyclically Adjusted Book per Share is $6.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fastighets AB Balder stock overvalued right now?
Based on GuruFocus' analysis, Fastighets AB Balder (BALDF) is currently considered Modestly Undervalued. The stock's GF Value™ is $6.78, compared to a current price of $5.42 — trading 20.1% below its estimated fair value. The current Cyclically Adjusted Book per Share is $6.38. Fastighets AB Balder's overall GF Score™ is 72/100 with 8 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 Fastighets AB Balder (BALDF), the current Cyclically Adjusted Book per Share is $6.38 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 Fastighets AB Balder (BALDF) Overvalued in 2026?

Based on GuruFocus' analysis, Fastighets AB Balder stock appears to be undervalued. The current stock price of $5.42 is trading 20.1% below its estimated GF Value™ of $6.78. GuruFocus considers Fastighets AB Balder to be Modestly Undervalued.

Key valuation signals for BALDF:

  • Cyclically Adjusted Book per Share: $6.38
  • GF Value™: $6.78 vs. price of $5.42 (20.1% below fair value)
  • GF Score™: 72/100 with 8 warning signs

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


Fastighets AB Balder Business Description

Address Parkgatan 49, P.O. Box 53121, Gothenburg, SWE, 400 15
Fastighets AB Balder is engaged in acquiring, developing, and managing residential properties and commercial properties based on local presence and creating customer value by meeting the needs of different customer groups for commercial premises and housing in Sweden, Denmark, Finland, Norway, Germany, and the UK. The company's property portfolio contains a wide variety of commercial space, ranging from office, retail, and warehouse space, out of which Residential properties constitute the majority portion of the company's portfolio. The Group's business segments are; Helsinki, which derives key income, Stockholm, Gothenburg, Copenhagen, South, East, and North. The company generates revenue through income earned on the rents of its properties and on the management of its real estate.
72GF Score

Get the complete analysis for BALDF

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

$5.42
Price
$6.78
GF Value