Boston Omaha (FRA:42S) Cyclically Adjusted Book per Share: €17.10 (As of Mar. 2026)


FRA:42S Boston Omaha Corp FRA:42S
69 GF Score
Price €12.20
GF Value €14.14
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Boston Omaha Cyclically Adjusted Book per Share?

Boston Omaha FRA:42S -0.81% 69 Cyclically Adjusted Book per Share is €17.10 as of Mar. 2026. GuruFocus rates FRA:42S with a GF Score™ of 69/100 and a GF Value™ of €14.14 (Modestly Undervalued). The stock has 7 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.

Boston Omaha's adjusted book value per share for the three months ended in Mar. 2026 was €14.364. 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 €17.10 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Boston Omaha's average Cyclically Adjusted Book Growth Rate was 0.30% 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.

As of today (2026-07-10), Boston Omaha's current stock price is €12.20. Boston Omaha's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €17.10. Boston Omaha's Cyclically Adjusted PB Ratio of today is 0.71.

During the past 11 years, the highest Cyclically Adjusted PB Ratio of Boston Omaha was 0.81. The lowest was 0.57. And the median was 0.68.


Boston Omaha  (FRA:42S) 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.

Boston Omaha's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=12.20/17.10
=0.71

* 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 Boston Omaha was 0.81. The lowest was 0.57. And the median was 0.68.


Be Aware

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


Boston Omaha Cyclically Adjusted Book per Share Related Terms


Boston Omaha Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Boston Omaha'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.

Boston Omaha Cyclically Adjusted Book per Share Chart

Boston Omaha 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 16.15

Boston Omaha 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 17.24 16.53 16.41 16.15 17.10

FRA:42S vs TRC, FIP, RCMT: Cyclically Adjusted Book per Share Comparison

For the Conglomerates subindustry, Boston Omaha'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.


Boston Omaha Cyclically Adjusted PB Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Boston Omaha's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:42S
69GF Score
Boston Omaha Corp FRA:42S
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Boston Omaha 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, Boston Omaha'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)
=14.364/330.2130*330.2130
=14.364

Current CPI (Mar. 2026) = 330.2130.

Boston Omaha Quarterly Data

Book Value per Share CPI Adj_Book
201606 53.829 241.018 73.750
201609 8.151 241.428 11.149
201612 8.548 241.432 11.691
201703 8.280 243.801 11.215
201706 9.334 244.955 12.583
201709 8.741 246.819 11.694
201712 8.657 246.524 11.596
201803 10.371 249.554 13.723
201806 12.403 251.989 16.253
201809 12.367 252.439 16.177
201812 12.546 251.233 16.490
201903 12.525 254.202 16.270
201906 12.603 256.143 16.247
201909 13.139 256.759 16.898
201912 13.216 256.974 16.983
202003 12.349 258.115 15.798
202006 12.404 257.797 15.888
202009 11.967 260.280 15.182
202012 11.518 260.474 14.602
202103 14.355 264.877 17.896
202106 14.874 271.696 18.078
202109 14.472 274.310 17.421
202112 14.790 278.802 17.517
202203 15.683 287.504 18.013
202206 15.972 296.311 17.799
202209 17.003 296.808 18.917
202212 16.099 296.797 17.912
202303 15.996 301.836 17.500
202306 15.999 305.109 17.315
202309 16.192 307.789 17.372
202312 15.762 306.746 16.968
202403 15.730 312.332 16.631
202406 15.665 314.175 16.465
202409 15.154 315.301 15.871
202412 16.226 315.605 16.977
202503 15.683 319.799 16.194
202506 14.636 322.561 14.983
202509 14.313 324.800 14.552
202512 14.201 324.054 14.471
202603 14.364 330.213 14.364

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 €17.10 mean?
Boston Omaha (FRA:42S) has a Cyclically Adjusted Book per Share of €17.10 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 Boston Omaha and its competitors.
Is Boston Omaha's Cyclically Adjusted Book per Share too high?
Boston Omaha's current Cyclically Adjusted Book per Share is €17.10. Overall, Boston Omaha has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Boston Omaha's Cyclically Adjusted Book per Share compare to TRC and FIP?
Boston Omaha's Cyclically Adjusted Book per Share of €17.10 can be compared against companies in the Conglomerates 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 Conglomerates company?
A good Cyclically Adjusted Book per Share depends on the Conglomerates 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 Boston Omaha and its competitors. Boston Omaha's current Cyclically Adjusted Book per Share is €17.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Boston Omaha stock overvalued right now?
Based on GuruFocus' analysis, Boston Omaha (FRA:42S) is currently considered Modestly Undervalued. The stock's GF Value™ is €14.14, compared to a current price of €12.20 — trading 13.7% below its estimated fair value. The current Cyclically Adjusted Book per Share is €17.10. Boston Omaha's overall GF Score™ is 69/100 with 7 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 Boston Omaha (FRA:42S), the current Cyclically Adjusted Book per Share is €17.10 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 Boston Omaha (FRA:42S) Overvalued in 2026?

Based on GuruFocus' analysis, Boston Omaha stock appears to be undervalued. The current stock price of €12.20 is trading 13.7% below its estimated GF Value™ of €14.14. GuruFocus considers Boston Omaha to be Modestly Undervalued.

Key valuation signals for FRA:42S:

  • Cyclically Adjusted Book per Share: €17.10
  • GF Value™: €14.14 vs. price of €12.20 (13.7% below fair value)
  • GF Score™: 69/100 with 7 warning signs

No single metric tells the full story. See the FRA:42S stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Boston Omaha Business Description

Other Exchanges BOC:USA42S:Germany
Address 1601 Dodge Street, Suite 3300, Omaha, NE, USA, 68102
Boston Omaha Corp is a diversified holding company engaged in outdoor billboard advertising, broadband services, surety insurance, and related brokerage activities, and asset management. The company generates revenue mainly from leasing advertising space on billboards, providing broadband internet services, and earning premiums and commissions from its insurance operations. In addition, it holds minority equity investments in various businesses, including real estate-related and other industries.
69GF Score

Get the complete analysis for FRA:42S

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

€12.20
Price
€14.14
GF Value