Epiroc AB (CHIX:EPIAS) Cyclically Adjusted Book per Share: kr26.61 (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.

CHIX:EPIAS Epiroc AB CHIX:EPIAS
99 GF Score
Price kr245.40
GF Value kr210.11
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Epiroc AB Cyclically Adjusted Book per Share?

Epiroc AB CHIX:EPIAS +3.39% 99 Cyclically Adjusted Book per Share is kr26.61 as of Jun. 2026. GuruFocus rates CHIX:EPIAS with a GF Score™ of 99/100 and a GF Value™ of kr210.11 (Modestly Overvalued). The stock has 3 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.

Epiroc AB's adjusted book value per share for the three months ended in Jun. 2026 was kr36.854. 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 kr26.61 for the trailing ten years ended in Jun. 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 (2026-07-22), Epiroc AB's current stock price is kr245.40. Epiroc AB's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was kr26.61. Epiroc AB's Cyclically Adjusted PB Ratio of today is 9.22.

During the past 11 years, the highest Cyclically Adjusted PB Ratio of Epiroc AB was 10.03. The lowest was 8.82. And the median was 9.33.


Epiroc AB  (CHIX:EPIAs) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=245.40/26.61
=9.22

* 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 11 years, the highest Cyclically Adjusted PB Ratio of Epiroc AB was 10.03. The lowest was 8.82. And the median was 9.33.


Be Aware

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


Epiroc AB Cyclically Adjusted Book per Share Related Terms


Epiroc AB Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Epiroc 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.

Epiroc AB Cyclically Adjusted Book per Share Chart

Epiroc 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 0.00 0.00 0.00 0.00 0.00

Epiroc 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 0.00 0.00 0.00 0.00 26.61

CHIX:EPIAS vs CAT, DE, PCAR: Cyclically Adjusted Book per Share Comparison

For the Farm & Heavy Construction Machinery subindustry, Epiroc 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.


Epiroc AB Cyclically Adjusted PB Ratio vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Epiroc AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


CHIX:EPIAS
99GF Score
Epiroc AB CHIX:EPIAS
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Epiroc 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, Epiroc 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)
=36.854/134.1100*134.1100
=36.854

Current CPI (Jun. 2026) = 134.1100.

Epiroc AB Quarterly Data

Book Value per Share CPI Adj_Book
201512 12.223 100.276 16.347
201612 13.028 102.022 17.126
201703 0.000 102.022 0.000
201706 0.000 102.752 0.000
201709 0.000 103.279 0.000
201712 9.921 103.793 12.819
201803 13.219 103.962 17.052
201806 14.409 104.875 18.426
201809 14.437 105.679 18.321
201812 15.667 105.912 19.838
201903 17.202 105.886 21.787
201906 16.542 106.742 20.783
201909 18.113 107.214 22.657
201912 18.921 107.766 23.546
202003 20.476 106.563 25.769
202006 19.375 107.498 24.171
202009 20.330 107.635 25.331
202012 19.647 108.296 24.330
202103 21.684 108.360 26.837
202106 17.385 108.928 21.404
202109 19.270 110.338 23.422
202112 21.330 112.486 25.430
202203 23.835 114.825 27.838
202206 23.696 118.384 26.844
202209 26.321 122.296 28.864
202212 27.390 126.365 29.069
202303 29.000 127.042 30.613
202306 28.758 129.407 29.803
202309 30.361 130.224 31.267
202312 30.508 131.912 31.016
202403 33.428 132.205 33.910
202406 31.205 132.716 31.533
202409 32.465 132.304 32.908
202412 35.384 132.987 35.683
202503 34.828 132.825 35.165
202506 31.913 133.699 32.011
202509 33.398 133.480 33.556
202512 34.954 133.390 35.143
202603 37.942 133.560 38.098
202606 36.854 134.110 36.854

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 kr26.61 mean?
Epiroc AB (CHIX:EPIAS) has a Cyclically Adjusted Book per Share of kr26.61 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 Epiroc AB and its competitors.
Is Epiroc AB's Cyclically Adjusted Book per Share too high?
Epiroc AB's current Cyclically Adjusted Book per Share is kr26.61. Overall, Epiroc AB has a GF Score™ of 99/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Epiroc AB's Cyclically Adjusted Book per Share compare to CAT and DE?
Epiroc AB's Cyclically Adjusted Book per Share of kr26.61 can be compared against companies in the Farm & Heavy Construction Machinery 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 Farm & Heavy Construction Machinery company?
A good Cyclically Adjusted Book per Share depends on the Farm & Heavy Construction Machinery 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 Epiroc AB and its competitors. Epiroc AB's current Cyclically Adjusted Book per Share is kr26.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Epiroc AB stock overvalued right now?
Based on GuruFocus' analysis, Epiroc AB (CHIX:EPIAS) is currently considered Modestly Overvalued. The stock's GF Value™ is kr210.11, compared to a current price of kr245.40 — trading 16.8% above its estimated fair value. The current Cyclically Adjusted Book per Share is kr26.61. Epiroc AB's overall GF Score™ is 99/100 with 3 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 Epiroc AB (CHIX:EPIAS), the current Cyclically Adjusted Book per Share is kr26.61 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 Epiroc AB (CHIX:EPIAS) Overvalued in 2026?

Based on GuruFocus' analysis, Epiroc AB stock appears to be overvalued. The current stock price of kr245.40 is trading 16.8% above its estimated GF Value™ of kr210.11. GuruFocus considers Epiroc AB to be Modestly Overvalued.

Key valuation signals for CHIX:EPIAS:

  • Cyclically Adjusted Book per Share: kr26.61
  • GF Value™: kr210.11 vs. price of kr245.40 (16.8% above fair value)
  • GF Score™: 99/100 with 3 warning signs

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


Epiroc AB Business Description

Address Sickla Industrivag 19, Nacka, Stockholm, SWE, 131 54
Epiroc is a global manufacturer of niche equipment and services used by mining and infrastructure customers. The company's products include hard rock drilling equipment and excavation technologies for underground and surface mining, as well as servicing and spare parts. Approximately 69% of group sales are from the aftermarket, which includes services and the sale of spare parts and consumables. Epiroc was spun out of Atlas Copco and listed as a stand-alone company on Nasdaq Stockholm in 2018.
99GF Score

Get the complete analysis for CHIX:EPIAS

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

kr245.40
Price
kr210.11
GF Value