GN Store Nord AS (CHIX:GNC) Cyclically Adjusted Book per Share: kr53.56 (As of Mar. 2026)


CHIX:GNC GN Store Nord AS CHIX:GNC
71 GF Score
Price kr89.21
GF Value kr115.34
Valuation Modestly Undervalued
! 6 Warning Signs
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What is GN Store Nord AS Cyclically Adjusted Book per Share?

GN Store Nord AS CHIX:GNC -6.45% 71 Cyclically Adjusted Book per Share is kr53.56 as of Mar. 2026. GuruFocus rates CHIX:GNC with a GF Score™ of 71/100 and a GF Value™ of kr115.34 (Modestly Undervalued). 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.

GN Store Nord AS's adjusted book value per share for the three months ended in Mar. 2026 was kr69.513. 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 kr53.56 for the trailing ten years ended in Mar. 2026.

During the past 12 months, GN Store Nord AS's average Cyclically Adjusted Book Growth Rate was 6.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.50% 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 GN Store Nord AS was 9.10% per year. The lowest was 2.80% per year. And the median was 7.30% per year.

As of today (2026-07-11), GN Store Nord AS's current stock price is kr89.21. GN Store Nord AS's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was kr53.56. GN Store Nord AS's Cyclically Adjusted PB Ratio of today is 1.67.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of GN Store Nord AS was 15.73. The lowest was 1.62. And the median was 6.24.


GN Store Nord AS  (CHIX:GNc) 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.

GN Store Nord AS's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=89.21/53.56
=1.67

* 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 GN Store Nord AS was 15.73. The lowest was 1.62. And the median was 6.24.


Be Aware

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


GN Store Nord AS Cyclically Adjusted Book per Share Related Terms


GN Store Nord AS Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for GN Store Nord 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.

GN Store Nord AS Cyclically Adjusted Book per Share Chart

GN Store Nord 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 38.19 45.55 40.50 48.24 53.16

GN Store Nord 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 61.00 51.65 52.78 53.16 53.56

CHIX:GNC vs ABT, SYK, MDT: Cyclically Adjusted Book per Share Comparison

For the Medical Devices subindustry, GN Store Nord 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.


GN Store Nord AS Cyclically Adjusted PB Ratio vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, GN Store Nord AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where GN Store Nord AS's Cyclically Adjusted PB Ratio falls into.


CHIX:GNC
71GF Score
GN Store Nord AS CHIX:GNC
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

GN Store Nord 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, GN Store Nord 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)
=69.513/121.6800*121.6800
=69.513

Current CPI (Mar. 2026) = 121.6800.

GN Store Nord AS Quarterly Data

Book Value per Share CPI Adj_Book
201606 36.373 100.600 43.995
201609 37.071 100.200 45.018
201612 39.172 100.300 47.522
201703 36.235 101.200 43.568
201706 35.113 101.200 42.219
201709 34.370 101.800 41.082
201712 35.055 101.300 42.108
201803 32.155 101.700 38.472
201806 35.031 102.300 41.667
201809 35.739 102.400 42.468
201812 38.438 102.100 45.809
201903 36.976 102.900 43.724
201906 34.091 102.900 40.313
201909 36.208 102.900 42.816
201912 37.603 102.900 44.466
202003 35.681 103.300 42.030
202006 34.947 103.200 41.205
202009 37.838 103.500 44.484
202012 40.147 103.400 47.245
202103 45.466 104.300 53.042
202106 45.495 105.000 52.722
202109 45.087 105.800 51.854
202112 48.772 106.600 55.671
202203 47.092 109.900 52.140
202206 51.961 113.600 55.657
202209 56.285 116.400 58.838
202212 53.136 115.900 55.786
202303 51.807 117.300 53.741
202306 63.815 116.400 66.710
202309 66.719 117.400 69.151
202312 65.839 116.700 68.649
202403 68.435 118.400 70.331
202406 69.973 118.500 71.851
202409 69.953 118.900 71.589
202412 74.334 118.900 76.072
202503 73.840 120.200 74.749
202506 71.752 120.700 72.335
202509 72.404 121.600 72.452
202512 74.842 121.200 75.138
202603 69.513 121.680 69.513

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 kr53.56 mean?
GN Store Nord AS (CHIX:GNC) has a Cyclically Adjusted Book per Share of kr53.56 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 GN Store Nord AS and its competitors.
Is GN Store Nord AS's Cyclically Adjusted Book per Share too high?
GN Store Nord AS's current Cyclically Adjusted Book per Share is kr53.56. Overall, GN Store Nord AS has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does GN Store Nord AS's Cyclically Adjusted Book per Share compare to ABT and SYK?
GN Store Nord AS's Cyclically Adjusted Book per Share of kr53.56 can be compared against companies in the Medical Devices & Instruments 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 Medical Devices & Instruments company?
A good Cyclically Adjusted Book per Share depends on the Medical Devices & Instruments 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 GN Store Nord AS and its competitors. GN Store Nord AS's current Cyclically Adjusted Book per Share is kr53.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GN Store Nord AS stock overvalued right now?
Based on GuruFocus' analysis, GN Store Nord AS (CHIX:GNC) is currently considered Modestly Undervalued. The stock's GF Value™ is kr115.34, compared to a current price of kr89.21 — trading 22.7% below its estimated fair value. The current Cyclically Adjusted Book per Share is kr53.56. GN Store Nord AS's overall GF Score™ is 71/100 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 GN Store Nord AS (CHIX:GNC), the current Cyclically Adjusted Book per Share is kr53.56 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 GN Store Nord AS (CHIX:GNC) Overvalued in 2026?

Based on GuruFocus' analysis, GN Store Nord AS stock appears to be undervalued. The current stock price of kr89.21 is trading 22.7% below its estimated GF Value™ of kr115.34. GuruFocus considers GN Store Nord AS to be Modestly Undervalued.

Key valuation signals for CHIX:GNC:

  • Cyclically Adjusted Book per Share: kr53.56
  • GF Value™: kr115.34 vs. price of kr89.21 (22.7% below fair value)
  • GF Score™: 71/100 with 6 warning signs

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


GN Store Nord AS Business Description

Address Lautrupbjerg 7, Ballerup, DNK, 2750
GN Store Nord is a Danish company offering medical and audio solutions. The group comprises three businesses: hearing (about 40% of sales), enterprise (40%), and gaming (20%). GN Hearing offers hearing aids and competes globally with Sonova, Demant, Starkey, and WS Audiology (formerly Sivantos and Widex). GN Enterprise provides headsets and speakerphones to the enterprise market, including contact centers and offices. GN recently acquired SteelSeries, a provider of gaming accessories such as headsets and keyboards, thereby forming the gaming division. The company has positioned itself as a major player in the Unified Communication-enabled headsets market. The firm's premium brands are Resound in hearing, Jabra in headsets, and SteelSeries in gaming.
71GF Score

Get the complete analysis for CHIX:GNC

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

kr89.21
Price
kr115.34
GF Value