Boliden AB (CHIX:BOLS) Cyclically Adjusted Book per Share: kr200.89 (As of Mar. 2026)


CHIX:BOLS Boliden AB CHIX:BOLS
93 GF Score
Price kr532.80
GF Value kr393.50
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Boliden AB Cyclically Adjusted Book per Share?

Boliden AB CHIX:BOLS 93 Cyclically Adjusted Book per Share is kr200.89 as of Mar. 2026. GuruFocus rates CHIX:BOLS with a GF Score™ of 93/100 and a GF Value™ of kr393.50 (Significantly Overvalued). The stock has 7 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.

Boliden AB's adjusted book value per share for the three months ended in Mar. 2026 was kr285.964. 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 kr200.89 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Boliden AB's average Cyclically Adjusted Book Growth Rate was 7.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 12.10% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 11.60% 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 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 Boliden AB was 14.80% per year. The lowest was -50.50% per year. And the median was 10.00% per year.

As of today (2026-07-03), Boliden AB's current stock price is kr532.80. Boliden AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was kr200.89. Boliden AB's Cyclically Adjusted PB Ratio of today is 2.65.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Boliden AB was 3.85. The lowest was 1.46. And the median was 2.50.


Boliden AB  (CHIX:BOLs) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=532.80/200.89
=2.65

* 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 Boliden AB was 3.85. The lowest was 1.46. And the median was 2.50.


Be Aware

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


Boliden AB Cyclically Adjusted Book per Share Related Terms


Boliden AB Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Boliden 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.

Boliden AB Cyclically Adjusted Book per Share Chart

Boliden 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 127.61 159.80 154.78 192.39 197.86

Boliden AB 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 205.86 193.08 184.88 197.86 200.89

Boliden AB Cyclically Adjusted Book per Share Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Boliden 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.


Boliden AB Cyclically Adjusted PB Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Boliden AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


CHIX:BOLS
93GF Score
Boliden AB CHIX:BOLS
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Boliden 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, Boliden AB'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)
=285.964/133.5600*133.5600
=285.964

Current CPI (Mar. 2026) = 133.5600.

Boliden AB Quarterly Data

Book Value per Share CPI Adj_Book
201606 95.700 101.019 126.527
201609 100.808 101.138 133.125
201612 107.440 102.022 140.654
201703 113.381 102.022 148.431
201706 113.780 102.752 147.894
201709 118.865 103.279 153.716
201712 128.126 103.793 164.872
201803 137.932 103.962 177.202
201806 132.269 104.875 168.448
201809 136.254 105.679 172.202
201812 142.590 105.912 179.813
201903 150.528 105.886 189.869
201906 142.444 106.742 178.233
201909 148.378 107.214 184.840
201912 151.471 107.766 187.726
202003 158.279 106.563 198.378
202006 153.285 107.498 190.448
202009 160.955 107.635 199.722
202012 166.812 108.296 205.728
202103 176.348 108.360 217.360
202106 169.317 108.928 207.606
202109 176.366 110.338 213.484
202112 185.974 112.486 220.816
202203 201.794 114.825 234.719
202206 189.418 118.384 213.701
202209 201.389 122.296 219.937
202212 213.194 126.365 225.333
202303 222.145 127.042 233.543
202306 201.791 129.407 208.268
202309 204.782 130.224 210.029
202312 206.252 131.912 208.829
202403 213.737 132.205 215.927
202406 218.118 132.716 219.505
202409 225.062 132.304 227.198
202412 237.656 132.987 238.680
202503 241.449 132.825 242.786
202506 248.493 133.699 248.235
202509 256.022 133.480 256.175
202512 269.451 133.390 269.794
202603 285.964 133.560 285.964

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 kr200.89 mean?
Boliden AB (CHIX:BOLS) has a Cyclically Adjusted Book per Share of kr200.89 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 Boliden AB and its competitors.
Is Boliden AB's Cyclically Adjusted Book per Share too high?
Boliden AB's current Cyclically Adjusted Book per Share is kr200.89. Overall, Boliden AB has a GF Score™ of 93/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Boliden AB's Cyclically Adjusted Book per Share compare to competitors?
Boliden AB's Cyclically Adjusted Book per Share of kr200.89 can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Cyclically Adjusted Book per Share depends on the Metals & Mining 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 Boliden AB and its competitors. Boliden AB's current Cyclically Adjusted Book per Share is kr200.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Boliden AB stock overvalued right now?
Based on GuruFocus' analysis, Boliden AB (CHIX:BOLS) is currently considered Significantly Overvalued. The stock's GF Value™ is kr393.50, compared to a current price of kr532.80 — trading 35.4% above its estimated fair value. The current Cyclically Adjusted Book per Share is kr200.89. Boliden AB's overall GF Score™ is 93/100 with 7 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 Boliden AB (CHIX:BOLS), the current Cyclically Adjusted Book per Share is kr200.89 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 Boliden AB (CHIX:BOLS) Overvalued in 2026?

Based on GuruFocus' analysis, Boliden AB stock appears to be overvalued. The current stock price of kr532.80 is trading 35.4% above its estimated GF Value™ of kr393.50. GuruFocus considers Boliden AB to be Significantly Overvalued.

Key valuation signals for CHIX:BOLS:

  • Cyclically Adjusted Book per Share: kr200.89
  • GF Value™: kr393.50 vs. price of kr532.80 (35.4% above fair value)
  • GF Score™: 93/100 with 7 warning signs

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


Boliden AB Business Description

Address Klarabergsviadukten 90, P.O. Box 44, Stockholm, SWE, SE-101 20
Boliden AB operates Mines and smelters in Sweden, Norway, Finland, and Ireland. The company processes zinc, copper, gold, silver and other metals and is engaged in exploration, mining, smelting, and metals recycling. The company has two operating segments: the business area smelters and the business area mines. The business area mines division comprises mining areas: Aitik, the Boliden Area, and Garpenberg in Sweden; Kevitsa in Finland; and the Tara mine in Ireland. It includes both underground mines and open-pit mines. The company generates maximum revenue from the Business area Smelters segment.
93GF Score

Get the complete analysis for CHIX:BOLS

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

kr532.80
Price
kr393.50
GF Value