FBGGF (Fabege AB) Cyclically Adjusted Book per Share: $14.24 (As of Mar. 2026)


FBGGF Fabege AB FBGGF
65 GF Score
Price $8.41
GF Value $9.84
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Fabege AB Cyclically Adjusted Book per Share?

Fabege AB FBGGF 65 Cyclically Adjusted Book per Share is $14.24 as of Mar. 2026. GuruFocus rates FBGGF with a GF Score™ of 65/100 and a GF Value™ of $9.84 (Modestly Undervalued). The stock has 8 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.

Fabege AB's adjusted book value per share for the three months ended in Mar. 2026 was $12.828. 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 $14.24 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Fabege AB's average Cyclically Adjusted Book Growth Rate was 4.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 13.80% 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 Fabege AB was 19.70% per year. The lowest was 8.20% per year. And the median was 15.80% per year.

As of today (2026-06-30), Fabege AB's current stock price is $8.41. Fabege AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $14.24. Fabege AB's Cyclically Adjusted PB Ratio of today is 0.59.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Fabege AB was 3.04. The lowest was 0.56. And the median was 1.71.


Fabege AB  (OTCPK:FBGGF) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=8.41/14.24
=0.59

* 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 Fabege AB was 3.04. The lowest was 0.56. And the median was 1.71.


Be Aware

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


Fabege AB Cyclically Adjusted Book per Share Related Terms


Fabege AB Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Fabege 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.

Fabege AB Cyclically Adjusted Book per Share Chart

Fabege 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 8.69 17.51 8.04 12.32 11.49

Fabege 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 11.22 11.00 11.82 11.49 14.24

FBGGF vs CBRE, BEKE, JLL: Cyclically Adjusted Book per Share Comparison

For the Real Estate Services subindustry, Fabege 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.


Fabege AB Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Fabege AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FBGGF
65GF Score
Fabege AB FBGGF
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Fabege 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, Fabege 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)
=12.828/133.3862*133.3862
=12.828

Current CPI (Mar. 2026) = 133.3862.

Fabege AB Quarterly Data

Book Value per Share CPI Adj_Book
201606 6.782 101.019 8.955
201609 7.174 101.138 9.462
201612 7.553 102.022 9.875
201703 7.894 102.022 10.321
201706 8.499 102.752 11.033
201709 10.039 103.279 12.966
201712 10.071 103.793 12.942
201803 11.208 103.962 14.380
201806 11.125 104.875 14.149
201809 11.313 105.679 14.279
201812 11.688 105.912 14.720
201903 11.728 105.886 14.774
201906 11.826 106.742 14.778
201909 11.703 107.214 14.560
201912 12.818 107.766 15.865
202003 12.770 106.563 15.984
202006 13.497 107.498 16.747
202009 14.027 107.635 17.383
202012 15.227 108.296 18.755
202103 14.806 108.360 18.226
202106 15.501 108.928 18.982
202109 15.452 110.338 18.680
202112 15.466 112.486 18.340
202203 15.191 114.825 17.647
202206 14.999 118.384 16.900
202209 14.053 122.296 15.327
202212 13.941 126.365 14.716
202303 13.101 127.042 13.755
202306 12.464 129.407 12.847
202309 11.824 130.224 12.111
202312 12.162 131.912 12.298
202403 11.769 132.205 11.874
202406 11.518 132.716 11.576
202409 11.812 132.304 11.909
202412 11.125 132.987 11.158
202503 12.014 132.825 12.065
202506 12.501 133.699 12.472
202509 12.769 133.482 12.760
202512 12.818 133.386 12.818
202603 12.828 133.386 12.828

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 $14.24 mean?
Fabege AB (FBGGF) has a Cyclically Adjusted Book per Share of $14.24 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 Fabege AB and its competitors.
Is Fabege AB's Cyclically Adjusted Book per Share too high?
Fabege AB's current Cyclically Adjusted Book per Share is $14.24. Overall, Fabege AB has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fabege AB's Cyclically Adjusted Book per Share compare to CBRE and BEKE?
Fabege AB's Cyclically Adjusted Book per Share of $14.24 can be compared against companies in the Real Estate 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 Real Estate company?
A good Cyclically Adjusted Book per Share depends on the Real Estate 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 Fabege AB and its competitors. Fabege AB's current Cyclically Adjusted Book per Share is $14.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fabege AB stock overvalued right now?
Based on GuruFocus' analysis, Fabege AB (FBGGF) is currently considered Modestly Undervalued. The stock's GF Value™ is $9.84, compared to a current price of $8.41 — trading 14.5% below its estimated fair value. The current Cyclically Adjusted Book per Share is $14.24. Fabege AB's overall GF Score™ is 65/100 with 8 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 Fabege AB (FBGGF), the current Cyclically Adjusted Book per Share is $14.24 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 Fabege AB (FBGGF) Overvalued in 2026?

Based on GuruFocus' analysis, Fabege AB stock appears to be undervalued. The current stock price of $8.41 is trading 14.5% below its estimated GF Value™ of $9.84. GuruFocus considers Fabege AB to be Modestly Undervalued.

Key valuation signals for FBGGF:

  • Cyclically Adjusted Book per Share: $14.24
  • GF Value™: $9.84 vs. price of $8.41 (14.5% below fair value)
  • GF Score™: 65/100 with 8 warning signs

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


Fabege AB Business Description

Address Gardsvagen 6, Box 730, Solna, Stockholm, SWE, SE-169 27
Fabege AB is a real estate company that focuses on commercial properties. Fabege works to develop modern offices, housing, and a broad range of services with strategic partners. The company reports four core segments: Property management, which rents properties to long-term tenants; Property development, which improves and redesigns properties according to tenant requirements; Birger Bostad segment constructs residential properties and Birger Bostad; and Business Development/Transactions. The majority is from the Property Management segment. It generates all its revenue in Stockholm, Solna, and surrounding areas in Sweden.
65GF Score

Get the complete analysis for FBGGF

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

$8.41
Price
$9.84
GF Value