Europris ASA (FRA:2RG) Cyclically Adjusted Book per Share: €1.50 (As of Mar. 2026)


FRA:2RG Europris ASA FRA:2RG
85 GF Score
Price €7.76
GF Value €9.48
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Europris ASA Cyclically Adjusted Book per Share?

Europris ASA FRA:2RG -1.52% 85 Cyclically Adjusted Book per Share is €1.50 as of Mar. 2026. GuruFocus rates FRA:2RG with a GF Score™ of 85/100 and a GF Value™ of €9.48 (Modestly Undervalued). The stock has 4 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.

Europris ASA's adjusted book value per share for the three months ended in Mar. 2026 was €2.351. 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 €1.50 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Europris ASA's average Cyclically Adjusted Book Growth Rate was 10.40% 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.

As of today (2026-06-30), Europris ASA's current stock price is €7.76. Europris ASA's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €1.50. Europris ASA's Cyclically Adjusted PB Ratio of today is 5.17.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Europris ASA was 6.27. The lowest was 4.31. And the median was 5.14.


Europris ASA  (FRA:2RG) 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.

Europris ASA's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=7.76/1.50
=5.17

* 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 Europris ASA was 6.27. The lowest was 4.31. And the median was 5.14.


Be Aware

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


Europris ASA Cyclically Adjusted Book per Share Related Terms


Europris ASA Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Europris ASA'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.

Europris ASA Cyclically Adjusted Book per Share Chart

Europris ASA 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 1.26 1.29 1.43

Europris ASA 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 1.40 1.39 1.41 1.43 1.50

FRA:2RG vs WMT, COST, TGT: Cyclically Adjusted Book per Share Comparison

For the Discount Stores subindustry, Europris ASA'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.


Europris ASA Cyclically Adjusted PB Ratio vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Europris ASA's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:2RG
85GF Score
Europris ASA FRA:2RG
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Europris ASA 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, Europris ASA'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)
=2.351/139.1000*139.1000
=2.351

Current CPI (Mar. 2026) = 139.1000.

Europris ASA Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.918 103.800 1.230
201609 0.976 104.200 1.303
201612 1.133 104.400 1.510
201703 1.124 105.000 1.489
201706 0.947 105.800 1.245
201709 1.005 105.900 1.320
201712 1.073 106.100 1.407
201803 1.108 107.300 1.436
201806 1.028 108.500 1.318
201809 1.035 109.500 1.315
201812 1.128 109.800 1.429
201903 1.122 110.400 1.414
201906 0.994 110.600 1.250
201909 1.031 111.100 1.291
201912 1.190 111.300 1.487
202003 1.054 111.200 1.318
202006 1.068 112.100 1.325
202009 1.169 112.900 1.440
202012 1.299 112.900 1.600
202103 1.422 114.600 1.726
202106 1.327 115.300 1.601
202109 1.299 117.500 1.538
202112 1.604 118.900 1.877
202203 1.729 119.800 2.008
202206 1.441 122.600 1.635
202209 1.544 125.600 1.710
202212 1.757 125.900 1.941
202303 1.823 127.600 1.987
202306 1.575 130.400 1.680
202309 1.687 129.800 1.808
202312 1.922 131.900 2.027
202403 1.942 132.600 2.037
202406 1.885 133.800 1.960
202409 1.878 133.700 1.954
202412 2.110 134.800 2.177
202503 2.108 136.100 2.154
202506 1.943 137.800 1.961
202509 2.011 138.500 2.020
202512 2.226 139.100 2.226
202603 2.351 139.100 2.351

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 €1.50 mean?
Europris ASA (FRA:2RG) has a Cyclically Adjusted Book per Share of €1.50 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 Europris ASA and its competitors.
Is Europris ASA's Cyclically Adjusted Book per Share too high?
Europris ASA's current Cyclically Adjusted Book per Share is €1.50. Overall, Europris ASA has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Europris ASA's Cyclically Adjusted Book per Share compare to WMT and COST?
Europris ASA's Cyclically Adjusted Book per Share of €1.50 can be compared against companies in the Retail - Defensive 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 Retail - Defensive company?
A good Cyclically Adjusted Book per Share depends on the Retail - Defensive 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 Europris ASA and its competitors. Europris ASA's current Cyclically Adjusted Book per Share is €1.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Europris ASA stock overvalued right now?
Based on GuruFocus' analysis, Europris ASA (FRA:2RG) is currently considered Modestly Undervalued. The stock's GF Value™ is €9.48, compared to a current price of €7.76 — trading 18.1% below its estimated fair value. The current Cyclically Adjusted Book per Share is €1.50. Europris ASA's overall GF Score™ is 85/100 with 4 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 Europris ASA (FRA:2RG), the current Cyclically Adjusted Book per Share is €1.50 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 Europris ASA (FRA:2RG) Overvalued in 2026?

Based on GuruFocus' analysis, Europris ASA stock appears to be undervalued. The current stock price of €7.76 is trading 18.1% below its estimated GF Value™ of €9.48. GuruFocus considers Europris ASA to be Modestly Undervalued.

Key valuation signals for FRA:2RG:

  • Cyclically Adjusted Book per Share: €1.50
  • GF Value™: €9.48 vs. price of €7.76 (18.1% below fair value)
  • GF Score™: 85/100 with 4 warning signs

No single metric tells the full story. See the FRA:2RG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Europris ASA Business Description

Address Dikeveien 57, P O Box 1421, Rolvsoy, NOR, NO-1661
Europris ASA is a Norwegian discount store company. The group consists of two segments, Norway and Sweden. The Norwegian segment includes Europris ASA, Europris Holding AS, Europris AS, Europris Butikkdrift AS, Lekekassen Holding AS, and Strikkemekka Holding AS. The Swedish segment consists of Runsvengruppen AB, OoB AB, Runsven AB, Runsven Fastighets AB, and OoB Finans AB. The group operates a chain of stores in the discount variety retail sector and online stores that sell consumer goods, including sales to franchise stores. Retail sales are usually settled in cash or by debit or credit cards.
85GF Score

Get the complete analysis for FRA:2RG

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

€7.76
Price
€9.48
GF Value