Better Collective AS (CHIX:BETCOS) Cyclically Adjusted Book per Share: kr64.39 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
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.

CHIX:BETCOS Better Collective AS CHIX:BETCOS
83 GF Score
Price kr134.00
GF Value kr173.94
! 5 Warning Signs
View Full Analysis

What is Better Collective AS Cyclically Adjusted Book per Share?

Better Collective AS CHIX:BETCOS 83 Cyclically Adjusted Book per Share is kr64.39 as of Mar. 2026. GuruFocus rates CHIX:BETCOS with a GF Score™ of 83/100 and a GF Value™ of kr173.94. 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.

Better Collective AS's adjusted book value per share for the three months ended in Mar. 2026 was kr118.555. 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 kr64.39 for the trailing ten years ended in Mar. 2026.

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.

As of today (2026-08-19), Better Collective AS's current stock price is kr134.00. Better Collective AS's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was kr64.39. Better Collective AS's Cyclically Adjusted PB Ratio of today is 2.08.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of Better Collective AS was 2.15. The lowest was 1.78. And the median was 1.85.


Better Collective AS  (CHIX:BETCOs) 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.

Better Collective AS's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=134.00/64.39
=2.08

* 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 12 years, the highest Cyclically Adjusted PB Ratio of Better Collective AS was 2.15. The lowest was 1.78. And the median was 1.85.


Be Aware

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


Better Collective AS Cyclically Adjusted Book per Share Related Terms


Better Collective AS Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Better Collective AS'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.

Better Collective AS Cyclically Adjusted Book per Share Chart

Better Collective AS 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 0.00 0.00 0.00 0.00

Better Collective AS 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 0.00 0.00 0.00 0.00 64.39

CHIX:BETCOS vs QH, SHOP, UBER: Cyclically Adjusted Book per Share Comparison

For the Software - Application subindustry, Better Collective AS'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.


Better Collective AS Cyclically Adjusted PB Ratio vs Software Industry

For the Software industry and Technology sector, Better Collective AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Better Collective AS's Cyclically Adjusted PB Ratio falls into.


CHIX:BETCOS
83GF Score
Better Collective AS CHIX:BETCOS
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Better Collective AS 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, Better Collective AS'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)
=118.555/121.6800*121.6800
=118.555

Current CPI (Mar. 2026) = 121.6800.

Better Collective AS Quarterly Data

Book Value per Share CPI Adj_Book
201412 0.679 99.400 0.831
201512 1.100 99.800 1.341
201612 1.509 100.300 1.831
201703 0.000 101.200 0.000
201706 0.000 101.200 0.000
201709 0.000 101.800 0.000
201712 3.775 101.300 4.534
201803 4.196 101.700 5.020
201806 20.247 102.300 24.083
201809 21.178 102.400 25.165
201812 21.786 102.100 25.964
201903 23.222 102.900 27.460
201906 25.474 102.900 30.123
201909 26.801 102.900 31.692
201912 31.225 102.900 36.924
202003 33.743 103.300 39.747
202006 32.971 103.200 38.875
202009 33.365 103.500 39.226
202012 35.257 103.400 41.490
202103 37.398 104.300 43.630
202106 62.112 105.000 71.979
202109 62.507 105.800 71.889
202112 65.372 106.600 74.620
202203 71.694 109.900 79.379
202206 77.868 113.600 83.406
202209 82.699 116.400 86.450
202212 83.221 115.900 87.371
202303 87.739 117.300 91.015
202306 92.995 116.400 97.213
202309 96.191 117.400 99.698
202312 90.200 116.700 94.049
202403 120.273 118.400 123.605
202406 122.085 118.500 125.361
202409 118.359 118.900 121.126
202412 127.342 118.900 130.319
202503 120.232 120.200 121.712
202506 116.486 120.700 117.432
202509 115.648 121.600 115.724
202512 117.017 121.200 117.480
202603 118.555 121.680 118.555

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 kr64.39 mean?
Better Collective AS (CHIX:BETCOS) has a Cyclically Adjusted Book per Share of kr64.39 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 Better Collective AS and its competitors.
Is Better Collective AS's Cyclically Adjusted Book per Share too high?
Better Collective AS's current Cyclically Adjusted Book per Share is kr64.39. Overall, Better Collective AS has a GF Score™ of 83/100, reflecting its overall financial health beyond just this single metric.
How does Better Collective AS's Cyclically Adjusted Book per Share compare to QH and SHOP?
Better Collective AS's Cyclically Adjusted Book per Share of kr64.39 can be compared against companies in the Software 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 Software company?
A good Cyclically Adjusted Book per Share depends on the Software 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 Better Collective AS and its competitors. Better Collective AS's current Cyclically Adjusted Book per Share is kr64.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Better Collective AS stock overvalued right now?
Better Collective AS (CHIX:BETCOS) has a current Cyclically Adjusted Book per Share of kr64.39. The stock's GF Value™ is kr173.94, compared to a current price of kr134.00 — trading 23% below its estimated fair value. The current Cyclically Adjusted Book per Share is kr64.39. Better Collective AS's overall GF Score™ is 83/100 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 Better Collective AS (CHIX:BETCOS), the current Cyclically Adjusted Book per Share is kr64.39 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 Better Collective AS (CHIX:BETCOS) Overvalued in 2026?

Based on GuruFocus' analysis, Better Collective AS stock appears to be undervalued. The current stock price of kr134.00 is trading 23% below its estimated GF Value™ of kr173.94.

Key valuation signals for CHIX:BETCOS:

  • Cyclically Adjusted Book per Share: kr64.39
  • GF Value™: kr173.94 vs. price of kr134.00 (23% below fair value)
  • GF Score™: 83/100 with 5 warning signs

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


Better Collective AS Business Description

Address Sankt Annae Plads 26-28, Copenhagen K, DNK, 1250
Better Collective AS is a developer of educational platforms within the iGaming industry. The company's segment includes Publishing, Paid Media and Esports. It generates maximum revenue from the Publishing segment. The publishing business segment includes revenue from Collective's proprietary online platforms and media partnerships, where online traffic comes either directly or through organic search results.
83GF Score

Get the complete analysis for CHIX:BETCOS

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

kr134.00
Price
kr173.94
GF Value