Atco (FRA:8A6) Cyclically Adjusted Book per Share: €26.02 (As of Mar. 2026)

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FRA:8A6 Atco Ltd FRA:8A6
80 GF Score
Price €47.00
GF Value €32.55
Valuation Significantly Overvalued
! 13 Warning Signs
View Full Analysis

What is Atco Cyclically Adjusted Book per Share?

Atco FRA:8A6 +0.86% 80 Cyclically Adjusted Book per Share is €26.02 as of Mar. 2026. GuruFocus rates FRA:8A6 with a GF Score™ of 80/100 and a GF Value™ of €32.55 (Significantly Overvalued). The stock has 13 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.

Atco's adjusted book value per share for the three months ended in Mar. 2026 was €26.015. 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 €26.02 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Atco's average Cyclically Adjusted Book Growth Rate was 3.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.60% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 7.50% 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 Atco was 9.90% per year. The lowest was 4.30% per year. And the median was 8.50% per year.

As of today (2026-07-16), Atco's current stock price is €47.00. Atco's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €26.02. Atco's Cyclically Adjusted PB Ratio of today is 1.81.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Atco was 2.32. The lowest was 0.90. And the median was 1.37.


Atco  (FRA:8A6) 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.

Atco's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=47.00/26.02
=1.81

* 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 Atco was 2.32. The lowest was 0.90. And the median was 1.37.


Be Aware

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


Atco Cyclically Adjusted Book per Share Related Terms


Atco Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Atco'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.

Atco Cyclically Adjusted Book per Share Chart

Atco 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 22.22 24.81 25.55 26.13 24.99

Atco 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 25.56 25.13 24.52 24.99 26.02

FRA:8A6 vs SRE, AES: Cyclically Adjusted Book per Share Comparison

For the Utilities - Diversified subindustry, Atco'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.


Atco Cyclically Adjusted PB Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Atco's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:8A6
80GF Score
Atco Ltd FRA:8A6
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Atco 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, Atco'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)
=26.015/132.2623*132.2623
=26.015

Current CPI (Mar. 2026) = 132.2623.

Atco Quarterly Data

Book Value per Share CPI Adj_Book
201606 20.210 102.002 26.206
201609 20.122 101.765 26.152
201612 21.497 101.449 28.026
201703 21.930 102.634 28.261
201706 20.937 103.029 26.878
201709 21.543 103.345 27.571
201712 20.356 103.345 26.052
201803 19.604 105.004 24.693
201806 20.281 105.557 25.412
201809 20.812 105.636 26.058
201812 21.425 105.399 26.886
201903 21.715 106.979 26.847
201906 22.213 107.690 27.281
201909 23.700 107.611 29.129
201912 23.840 107.769 29.258
202003 23.309 107.927 28.565
202006 23.080 108.401 28.160
202009 22.598 108.164 27.633
202012 22.701 108.559 27.658
202103 24.019 110.298 28.802
202106 23.965 111.720 28.372
202109 23.915 112.905 28.015
202112 24.849 113.774 28.887
202203 26.559 117.646 29.859
202206 27.662 120.806 30.285
202209 28.722 120.648 31.487
202212 26.694 120.964 29.187
202303 26.649 122.702 28.725
202306 27.204 124.203 28.969
202309 26.783 125.230 28.287
202312 26.954 125.072 28.503
202403 27.318 126.258 28.617
202406 27.245 127.522 28.258
202409 26.662 127.285 27.705
202412 27.664 127.364 28.728
202503 27.106 129.181 27.753
202506 26.665 129.892 27.152
202509 26.082 130.287 26.477
202512 24.906 130.366 25.268
202603 26.015 132.262 26.015

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 €26.02 mean?
Atco (FRA:8A6) has a Cyclically Adjusted Book per Share of €26.02 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 Atco and its competitors.
Is Atco's Cyclically Adjusted Book per Share too high?
Atco's current Cyclically Adjusted Book per Share is €26.02. Overall, Atco has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Atco's Cyclically Adjusted Book per Share compare to SRE and AES?
Atco's Cyclically Adjusted Book per Share of €26.02 can be compared against companies in the Utilities - Regulated 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 an Utilities - Regulated company?
A good Cyclically Adjusted Book per Share depends on the Utilities - Regulated 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 Atco and its competitors. Atco's current Cyclically Adjusted Book per Share is €26.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Atco stock overvalued right now?
Based on GuruFocus' analysis, Atco (FRA:8A6) is currently considered Significantly Overvalued. The stock's GF Value™ is €32.55, compared to a current price of €47.00 — trading 44.4% above its estimated fair value. The current Cyclically Adjusted Book per Share is €26.02. Atco's overall GF Score™ is 80/100 with 13 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 Atco (FRA:8A6), the current Cyclically Adjusted Book per Share is €26.02 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 Atco (FRA:8A6) Overvalued in 2026?

Based on GuruFocus' analysis, Atco stock appears to be overvalued. The current stock price of €47.00 is trading 44.4% above its estimated GF Value™ of €32.55. GuruFocus considers Atco to be Significantly Overvalued.

Key valuation signals for FRA:8A6:

  • Cyclically Adjusted Book per Share: €26.02
  • GF Value™: €32.55 vs. price of €47.00 (44.4% above fair value)
  • GF Score™: 80/100 with 13 warning signs

No single metric tells the full story. See the FRA:8A6 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Atco Business Description

Address 5302 Forand Street SW, 4th Floor, West Building, Calgary, AB, CAN, T3E 8B4
Atco Ltd is a Canada-based diversified company. The company's Structures & Logistics segment offers workforce and residential housing, modular facilities, construction, site support services, workforce lodging services, facility operations and maintenance, defense operations services, and disaster and emergency management services. The Neltume Ports segment includes the equity interest in Neltume Ports S.A., a port operator and developer based in South America. The Retail Energy segment provides electricity and natural gas retail sales and home maintenance solutions. Its Canadian Utilities Limited segment includes ATCO Energy Systems, ATCO EnPower, and ATCO Australia. It generates maximum revenue from the ATCO Energy Systems segment and earns maximum revenue from Canada.
80GF Score

Get the complete analysis for FRA:8A6

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

€47.00
Price
€32.55
GF Value