Atlas Copco AB (CHIX:ATCOAS) Cyclically Adjusted Book per Share: kr16.81 (As of Jun. 2026)

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CHIX:ATCOAS Atlas Copco AB CHIX:ATCOAS
90 GF Score
Price kr193.63
GF Value kr170.83
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Atlas Copco AB Cyclically Adjusted Book per Share?

Atlas Copco AB CHIX:ATCOAS 90 Cyclically Adjusted Book per Share is kr16.81 as of Jun. 2026. GuruFocus rates CHIX:ATCOAS with a GF Score™ of 90/100 and a GF Value™ of kr170.83 (Modestly Overvalued). The stock has 6 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.

Atlas Copco AB's adjusted book value per share for the three months ended in Jun. 2026 was kr21.791. 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 kr16.81 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Atlas Copco AB's average Cyclically Adjusted Book Growth Rate was 6.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 11.40% 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 Atlas Copco AB was 13.90% per year. The lowest was 6.10% per year. And the median was 10.25% per year.

As of today (2026-07-21), Atlas Copco AB's current stock price is kr193.625. Atlas Copco AB's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was kr16.81. Atlas Copco AB's Cyclically Adjusted PB Ratio of today is 11.52.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Atlas Copco AB was 15.19. The lowest was 6.12. And the median was 10.53.


Atlas Copco AB  (CHIX:ATCOAs) 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.

Atlas Copco AB's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=193.625/16.81
=11.52

* 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 Atlas Copco AB was 15.19. The lowest was 6.12. And the median was 10.53.


Be Aware

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


Atlas Copco AB Cyclically Adjusted Book per Share Related Terms


Atlas Copco AB Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Atlas Copco AB'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.

Atlas Copco AB Cyclically Adjusted Book per Share Chart

Atlas Copco AB 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 10.71 12.91 13.87 15.96 16.19

Atlas Copco 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 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 15.83 15.75 16.19 16.46 16.81

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

For the Specialty Industrial Machinery subindustry, Atlas Copco 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.


Atlas Copco AB Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Atlas Copco AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


CHIX:ATCOAS
90GF Score
Atlas Copco AB CHIX:ATCOAS
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Atlas Copco AB 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, Atlas Copco AB'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)
=21.791/134.1100*134.1100
=21.791

Current CPI (Jun. 2026) = 134.1100.

Atlas Copco AB Quarterly Data

Book Value per Share CPI Adj_Book
201609 10.358 101.138 13.735
201612 10.932 102.022 14.370
201703 11.648 102.022 15.312
201706 10.650 102.752 13.900
201709 11.264 103.279 14.627
201712 12.465 103.793 16.106
201803 13.919 103.962 17.955
201806 7.199 104.875 9.206
201809 7.688 105.679 9.756
201812 8.746 105.912 11.075
201903 9.772 105.886 12.377
201906 9.098 106.742 11.431
201909 10.384 107.214 12.989
201912 10.934 107.766 13.607
202003 12.095 106.563 15.222
202006 11.140 107.498 13.898
202009 11.665 107.635 14.534
202012 10.939 108.296 13.547
202103 12.500 108.360 15.470
202106 11.438 108.928 14.082
202109 12.689 110.338 15.423
202112 13.880 112.486 16.548
202203 15.282 114.825 17.849
202206 13.532 118.384 15.330
202209 15.752 122.296 17.274
202212 16.428 126.365 17.435
202303 17.647 127.042 18.629
202306 17.579 129.407 18.218
202309 18.970 130.224 19.536
202312 18.776 131.912 19.089
202403 21.443 132.205 21.752
202406 20.100 132.716 20.311
202409 20.984 132.304 21.270
202412 23.344 132.987 23.541
202503 22.726 132.825 22.946
202506 20.674 133.699 20.738
202509 21.877 133.480 21.980
202512 22.627 133.390 22.749
202603 24.970 133.560 25.073
202606 21.791 134.110 21.791

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 kr16.81 mean?
Atlas Copco AB (CHIX:ATCOAS) has a Cyclically Adjusted Book per Share of kr16.81 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 Atlas Copco AB and its competitors.
Is Atlas Copco AB's Cyclically Adjusted Book per Share too high?
Atlas Copco AB's current Cyclically Adjusted Book per Share is kr16.81. Overall, Atlas Copco AB has a GF Score™ of 90/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Atlas Copco AB's Cyclically Adjusted Book per Share compare to GEV and ETN?
Atlas Copco AB's Cyclically Adjusted Book per Share of kr16.81 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 Atlas Copco AB and its competitors. Atlas Copco AB's current Cyclically Adjusted Book per Share is kr16.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Atlas Copco AB stock overvalued right now?
Based on GuruFocus' analysis, Atlas Copco AB (CHIX:ATCOAS) is currently considered Modestly Overvalued. The stock's GF Value™ is kr170.83, compared to a current price of kr193.63 — trading 13.3% above its estimated fair value. The current Cyclically Adjusted Book per Share is kr16.81. Atlas Copco AB's overall GF Score™ is 90/100 with 6 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 Atlas Copco AB (CHIX:ATCOAS), the current Cyclically Adjusted Book per Share is kr16.81 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 Atlas Copco AB (CHIX:ATCOAS) Overvalued in 2026?

Based on GuruFocus' analysis, Atlas Copco AB stock appears to be overvalued. The current stock price of kr193.63 is trading 13.3% above its estimated GF Value™ of kr170.83. GuruFocus considers Atlas Copco AB to be Modestly Overvalued.

Key valuation signals for CHIX:ATCOAS:

  • Cyclically Adjusted Book per Share: kr16.81
  • GF Value™: kr170.83 vs. price of kr193.63 (13.3% above fair value)
  • GF Score™: 90/100 with 6 warning signs

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


Atlas Copco AB Business Description

Address Sickla Industrivag 19, Nacka, Stockholm, SWE, SE-105 23
Atlas Copco is a 140-year-old Swedish company that pioneered air compression technology and remains a leading air compressor manufacturer. Atlas Copco is also a leading manufacturer of vacuum pump equipment, industrial power tools, and portable power and air compression equipment. The company's operations match the geographic breadth of its customers, with a presence in 180 countries. Atlas Copco's revenue is derived from three sources: initial equipment sales, spare parts, and maintenance.
90GF Score

Get the complete analysis for CHIX:ATCOAS

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

kr193.63
Price
kr170.83
GF Value