FKRAF (Fiskars Oyj) Cyclically Adjusted Book per Share: $14.48 (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.

FKRAF Fiskars Oyj FKRAF
68 GF Score
Price $15.76
GF Value $16.94
Valuation Fairly Valued
! 8 Warning Signs
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What is Fiskars Oyj Cyclically Adjusted Book per Share?

Fiskars Oyj FKRAF 68 Cyclically Adjusted Book per Share is $14.48 as of Jun. 2026. GuruFocus rates FKRAF with a GF Score™ of 68/100 and a GF Value™ of $16.94 (Fairly Valued). 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.

Fiskars Oyj's adjusted book value per share for the three months ended in Jun. 2026 was $9.225. 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 $14.48 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Fiskars Oyj'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 -0.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 3.20% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 5.30% 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 Fiskars Oyj was 11.30% per year. The lowest was -0.90% per year. And the median was 5.35% per year.

As of today (2026-08-31), Fiskars Oyj's current stock price is $15.7584. Fiskars Oyj's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $14.48. Fiskars Oyj's Cyclically Adjusted PB Ratio of today is 1.09.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Fiskars Oyj was 1.97. The lowest was 0.74. And the median was 1.25.


Fiskars Oyj  (OTCPK:FKRAF) 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.

Fiskars Oyj's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=15.7584/14.48
=1.09

* 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 Fiskars Oyj was 1.97. The lowest was 0.74. And the median was 1.25.


Be Aware

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


Fiskars Oyj Cyclically Adjusted Book per Share Related Terms


Fiskars Oyj Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Fiskars Oyj'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.

Fiskars Oyj Cyclically Adjusted Book per Share Chart

Fiskars Oyj 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 13.63 14.35 15.23 14.12 14.79

Fiskars Oyj 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 15.14 15.63 14.79 15.53 14.48

FKRAF vs SN, SGI, MHK: Cyclically Adjusted Book per Share Comparison

For the Furnishings, Fixtures & Appliances subindustry, Fiskars Oyj'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.


Fiskars Oyj Cyclically Adjusted PB Ratio vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Fiskars Oyj's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FKRAF
68GF Score
Fiskars Oyj FKRAF
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fiskars Oyj 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, Fiskars Oyj'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)
=9.225/125.0800*125.0800
=9.225

Current CPI (Jun. 2026) = 125.0800.

Fiskars Oyj Quarterly Data

Book Value per Share CPI Adj_Book
201609 15.973 100.540 19.872
201612 15.724 101.020 19.469
201703 15.960 100.910 19.783
201706 16.874 101.140 20.868
201709 19.235 101.320 23.746
201712 18.384 101.510 22.653
201803 18.669 101.730 22.954
201806 17.584 102.320 21.495
201809 17.969 102.600 21.906
201812 16.832 102.710 20.498
201903 16.904 102.870 20.554
201906 10.497 103.360 12.703
201909 10.109 103.540 12.212
201912 10.374 103.650 12.519
202003 10.063 103.490 12.162
202006 10.397 103.320 12.587
202009 10.693 103.710 12.896
202012 11.317 103.890 13.625
202103 10.594 104.870 12.636
202106 11.165 105.360 13.255
202109 11.386 106.290 13.399
202112 11.262 107.490 13.105
202203 10.588 110.950 11.936
202206 10.609 113.570 11.684
202209 10.328 114.920 11.241
202212 10.777 117.320 11.490
202303 10.393 119.750 10.856
202306 10.520 120.690 10.903
202309 10.547 121.280 10.877
202312 11.066 121.540 11.388
202403 10.154 122.360 10.380
202406 10.030 122.230 10.264
202409 10.242 122.260 10.478
202412 10.258 122.390 10.483
202503 9.440 123.010 9.599
202506 9.811 122.530 10.015
202509 10.036 122.880 10.216
202512 10.320 122.670 10.523
202603 9.374 124.670 9.405
202606 9.225 125.080 9.225

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 $14.48 mean?
Fiskars Oyj (FKRAF) has a Cyclically Adjusted Book per Share of $14.48 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 Fiskars Oyj and its competitors.
Is Fiskars Oyj's Cyclically Adjusted Book per Share too high?
Fiskars Oyj's current Cyclically Adjusted Book per Share is $14.48. Overall, Fiskars Oyj has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Fiskars Oyj's Cyclically Adjusted Book per Share compare to SN and SGI?
Fiskars Oyj's Cyclically Adjusted Book per Share of $14.48 can be compared against companies in the Furnishings, Fixtures & Appliances 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 Furnishings, Fixtures & Appliances company?
A good Cyclically Adjusted Book per Share depends on the Furnishings, Fixtures & Appliances 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 Fiskars Oyj and its competitors. Fiskars Oyj's current Cyclically Adjusted Book per Share is $14.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fiskars Oyj stock overvalued right now?
Based on GuruFocus' analysis, Fiskars Oyj (FKRAF) is currently considered Fairly Valued. The stock's GF Value™ is $16.94, compared to a current price of $15.76 — trading 7% below its estimated fair value. The current Cyclically Adjusted Book per Share is $14.48. Fiskars Oyj's overall GF Score™ is 68/100 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 Fiskars Oyj (FKRAF), the current Cyclically Adjusted Book per Share is $14.48 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 Fiskars Oyj (FKRAF) Overvalued in 2026?

Based on GuruFocus' analysis, Fiskars Oyj stock appears to be undervalued. The current stock price of $15.76 is trading 7% below its estimated GF Value™ of $16.94. GuruFocus considers Fiskars Oyj to be Fairly Valued.

Key valuation signals for FKRAF:

  • Cyclically Adjusted Book per Share: $14.48
  • GF Value™: $16.94 vs. price of $15.76 (7% below fair value)
  • GF Score™: 68/100 with 8 warning signs

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


Fiskars Oyj Business Description

Address Keilaniementie 10, P.O. Box 91, Espoo, FIN, FI-02151
Fiskars Oyj is the home of design-driven brands for indoor and outdoor living. The company is organized into two business areas: Vita and Fiskars. The business area Vita offers premium and luxury products for the tableware, drinkware, jewelry, and interior categories. It comprises brands such as Iittala, Georg Jensen, Royal Copenhagen, Moomin Arabia, and Wedgwood. The business area Fiskars comprises the gardening, watering, and outdoor categories, as well as the scissors, creating, and cooking categories. The brands include Fiskars and Gerber. Fiskars Group's reporting segments are: Vita, Fiskars, and Other. The company's brands are present in more than 100 countries in Asia-Pacific, Europe, and the Americas.
68GF Score

Get the complete analysis for FKRAF

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

$15.76
Price
$16.94
GF Value