Victory Square Technologies (FRA:6F6) Cyclically Adjusted Book per Share: €0.12 (As of Mar. 2026)


FRA:6F6 Victory Square Technologies Inc FRA:6F6
46 GF Score
Price €0.40
GF Value €0.42
Valuation Fairly Valued
! 2 Warning Signs
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What is Victory Square Technologies Cyclically Adjusted Book per Share?

Victory Square Technologies FRA:6F6 46 Cyclically Adjusted Book per Share is €0.12 as of Mar. 2026. GuruFocus rates FRA:6F6 with a GF Score™ of 46/100 and a GF Value™ of €0.42 (Fairly Valued). The stock has 2 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.

Victory Square Technologies's adjusted book value per share for the three months ended in Mar. 2026 was €0.272. 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 €0.12 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Victory Square Technologies's average Cyclically Adjusted Book Growth Rate was 10.00% 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 (2026-07-08), Victory Square Technologies's current stock price is €0.399. Victory Square Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €0.12. Victory Square Technologies's Cyclically Adjusted PB Ratio of today is 3.33.

During the past 11 years, the highest Cyclically Adjusted PB Ratio of Victory Square Technologies was 5.14. The lowest was 0.85. And the median was 2.44.


Victory Square Technologies  (FRA:6F6) 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.

Victory Square Technologies's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.399/0.12
=3.33

* 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 Victory Square Technologies was 5.14. The lowest was 0.85. And the median was 2.44.


Be Aware

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


Victory Square Technologies Cyclically Adjusted Book per Share Related Terms


Victory Square Technologies Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Victory Square Technologies'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.

Victory Square Technologies Cyclically Adjusted Book per Share Chart

Victory Square Technologies 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 0.11 0.11

Victory Square Technologies 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 0.11 0.10 0.13 0.11 0.12

FRA:6F6 vs VEEV, BTSG, TEM: Cyclically Adjusted Book per Share Comparison

For the Health Information Services subindustry, Victory Square Technologies'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.


Victory Square Technologies Cyclically Adjusted PB Ratio vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Victory Square Technologies's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Victory Square Technologies's Cyclically Adjusted PB Ratio falls into.


FRA:6F6
46GF Score
Victory Square Technologies Inc FRA:6F6
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Victory Square Technologies 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, Victory Square Technologies'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)
=0.272/132.2623*132.2623
=0.272

Current CPI (Mar. 2026) = 132.2623.

Victory Square Technologies Quarterly Data

Book Value per Share CPI Adj_Book
201606 -0.003 102.002 -0.004
201609 0.026 101.765 0.034
201612 0.021 101.449 0.027
201703 0.013 102.634 0.017
201706 0.025 103.029 0.032
201709 0.072 103.345 0.092
201712 0.104 103.345 0.133
201803 0.135 105.004 0.170
201806 0.255 105.557 0.320
201809 0.240 105.636 0.300
201812 0.130 105.399 0.163
201903 0.123 106.979 0.152
201906 0.121 107.690 0.149
201909 0.120 107.611 0.147
201912 0.078 107.769 0.096
202003 0.096 107.927 0.118
202006 0.116 108.401 0.142
202009 0.198 108.164 0.242
202012 0.276 108.559 0.336
202103 0.299 110.298 0.359
202106 0.312 111.720 0.369
202109 0.311 112.905 0.364
202112 0.193 113.774 0.224
202203 0.171 117.646 0.192
202206 0.140 120.806 0.153
202209 0.122 120.648 0.134
202212 0.097 120.964 0.106
202303 0.086 122.702 0.093
202306 0.086 124.203 0.092
202309 0.079 125.230 0.083
202312 0.027 125.072 0.029
202403 0.024 126.258 0.025
202406 0.014 127.522 0.015
202409 0.082 127.285 0.085
202412 0.041 127.364 0.043
202503 0.066 129.181 0.068
202506 0.071 129.892 0.072
202509 0.126 130.287 0.128
202512 0.183 130.366 0.186
202603 0.272 132.262 0.272

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 €0.12 mean?
Victory Square Technologies (FRA:6F6) has a Cyclically Adjusted Book per Share of €0.12 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 Victory Square Technologies and its competitors.
Is Victory Square Technologies' Cyclically Adjusted Book per Share too high?
Victory Square Technologies' current Cyclically Adjusted Book per Share is €0.12. Overall, Victory Square Technologies has a GF Score™ of 46/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Victory Square Technologies' Cyclically Adjusted Book per Share compare to VEEV and BTSG?
Victory Square Technologies' Cyclically Adjusted Book per Share of €0.12 can be compared against companies in the Healthcare Providers & Services 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 Healthcare Providers & Services company?
A good Cyclically Adjusted Book per Share depends on the Healthcare Providers & Services 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 Victory Square Technologies and its competitors. Victory Square Technologies's current Cyclically Adjusted Book per Share is €0.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Victory Square Technologies stock overvalued right now?
Based on GuruFocus' analysis, Victory Square Technologies (FRA:6F6) is currently considered Fairly Valued. The stock's GF Value™ is €0.42, compared to a current price of €0.40 — trading 5% below its estimated fair value. The current Cyclically Adjusted Book per Share is €0.12. Victory Square Technologies' overall GF Score™ is 46/100 with 2 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 Victory Square Technologies (FRA:6F6), the current Cyclically Adjusted Book per Share is €0.12 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 Victory Square Technologies (FRA:6F6) Overvalued in 2026?

Based on GuruFocus' analysis, Victory Square Technologies stock appears to be undervalued. The current stock price of €0.40 is trading 5% below its estimated GF Value™ of €0.42. GuruFocus considers Victory Square Technologies to be Fairly Valued.

Key valuation signals for FRA:6F6:

  • Cyclically Adjusted Book per Share: €0.12
  • GF Value™: €0.42 vs. price of €0.40 (5% below fair value)
  • GF Score™: 46/100 with 2 warning signs

No single metric tells the full story. See the FRA:6F6 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Victory Square Technologies Business Description

Other Exchanges VSQTF:USAVST:Canada
Address 789 West Pender Street, Suite 480, Vancouver, BC, CAN, V6C 1H2
Victory Square Technologies Inc is focused on investing in disruptive innovation builds, acquires, and invests in startups, then provides the senior leadership and resources needed for fast-track growth. Victory Square provides investors with a liquid way to invest in early-stage technology and healthcare companies without buying a venture fund that requires accredited investor status or multi-year commitments. The firm's corporate portfolio consists of companies using Artificial intelligence (AI), Virtual reality (VR), Augmented reality (AR), and blockchain to disrupt sectors as diverse as fintech, insurance, health, and gaming. The segments of the company are Investments; Health Tech; and Health.
46GF Score

Get the complete analysis for FRA:6F6

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

€0.40
Price
€0.42
GF Value