Addnode Group AB (FRA:AR7) Cyclically Adjusted Book per Share: €1.28 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
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.

FRA:AR7 Addnode Group AB FRA:AR7
75 GF Score
Price €3.42
GF Value €6.09
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Addnode Group AB Cyclically Adjusted Book per Share?

Addnode Group AB FRA:AR7 +0.59% 75 Cyclically Adjusted Book per Share is €1.28 as of Jun. 2026. GuruFocus rates FRA:AR7 with a GF Score™ of 75/100 and a GF Value™ of €6.09 (Possible Value Trap). The stock has 6 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.

Addnode Group AB's adjusted book value per share for the three months ended in Jun. 2026 was €1.914. 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 €1.28 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Addnode Group AB's average Cyclically Adjusted Book Growth Rate was 8.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 10.90% 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 Addnode Group AB was 12.90% per year. The lowest was 7.00% per year. And the median was 11.20% per year.

As of today (2026-08-07), Addnode Group AB's current stock price is €3.415. Addnode Group AB's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €1.28. Addnode Group AB's Cyclically Adjusted PB Ratio of today is 2.67.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Addnode Group AB was 11.64. The lowest was 2.44. And the median was 7.20.


Addnode Group AB  (FRA:AR7) 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.

Addnode Group AB's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3.415/1.28
=2.67

* 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 Addnode Group AB was 11.64. The lowest was 2.44. And the median was 7.20.


Be Aware

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


Addnode Group AB Cyclically Adjusted Book per Share Related Terms


Addnode Group AB Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Addnode Group AB'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.

Addnode Group AB Cyclically Adjusted Book per Share Chart

Addnode Group AB 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 0.89 1.00 1.09 1.13 1.29

Addnode Group AB 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 1.23 1.24 1.29 1.24 1.28

FRA:AR7 vs IBM, ACN, FISV: Cyclically Adjusted Book per Share Comparison

For the Information Technology Services subindustry, Addnode Group AB'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.


Addnode Group AB Cyclically Adjusted PB Ratio vs Software Industry

For the Software industry and Technology sector, Addnode Group AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:AR7
75GF Score
Addnode Group AB FRA:AR7
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Addnode Group AB 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, Addnode Group AB'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)
=1.914/134.6100*134.6100
=1.914

Current CPI (Jun. 2026) = 134.6100.

Addnode Group AB Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.800 101.138 1.065
201612 0.816 102.022 1.077
201703 0.851 102.022 1.123
201706 0.780 102.752 1.022
201709 0.795 103.279 1.036
201712 0.812 103.793 1.053
201803 0.842 103.962 1.090
201806 0.924 104.875 1.186
201809 0.923 105.679 1.176
201812 0.975 105.912 1.239
201903 0.981 105.886 1.247
201906 0.937 106.742 1.182
201909 0.960 107.214 1.205
201912 1.006 107.766 1.257
202003 1.011 106.563 1.277
202006 1.032 107.498 1.292
202009 1.064 107.635 1.331
202012 1.111 108.296 1.381
202103 1.180 108.360 1.466
202106 1.181 108.928 1.459
202109 1.213 110.338 1.480
202112 1.233 112.486 1.476
202203 1.286 114.825 1.508
202206 1.264 118.384 1.437
202209 1.311 122.296 1.443
202212 1.366 126.365 1.455
202303 1.402 127.042 1.486
202306 1.323 129.407 1.376
202309 1.304 130.224 1.348
202312 1.419 131.912 1.448
202403 1.514 132.205 1.542
202406 1.461 132.716 1.482
202409 1.504 132.304 1.530
202412 1.602 132.987 1.622
202503 1.685 132.825 1.708
202506 1.640 133.699 1.651
202509 1.770 133.480 1.785
202512 1.853 133.390 1.870
202603 2.022 133.560 2.038
202606 1.914 134.610 1.914

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 €1.28 mean?
Addnode Group AB (FRA:AR7) has a Cyclically Adjusted Book per Share of €1.28 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 Addnode Group AB and its competitors.
Is Addnode Group AB's Cyclically Adjusted Book per Share too high?
Addnode Group AB's current Cyclically Adjusted Book per Share is €1.28. Overall, Addnode Group AB has a GF Score™ of 75/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Addnode Group AB's Cyclically Adjusted Book per Share compare to IBM and ACN?
Addnode Group AB's Cyclically Adjusted Book per Share of €1.28 can be compared against companies in the Software 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 Software company?
A good Cyclically Adjusted Book per Share depends on the Software 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 Addnode Group AB and its competitors. Addnode Group AB's current Cyclically Adjusted Book per Share is €1.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Addnode Group AB stock overvalued right now?
Based on GuruFocus' analysis, Addnode Group AB (FRA:AR7) is currently considered Possible Value Trap. The stock's GF Value™ is €6.09, compared to a current price of €3.42 — trading 43.9% below its estimated fair value. The current Cyclically Adjusted Book per Share is €1.28. Addnode Group AB's overall GF Score™ is 75/100 with 6 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 Addnode Group AB (FRA:AR7), the current Cyclically Adjusted Book per Share is €1.28 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 Addnode Group AB (FRA:AR7) Overvalued in 2026?

Based on GuruFocus' analysis, Addnode Group AB stock appears to be undervalued. The current stock price of €3.42 is trading 43.9% below its estimated GF Value™ of €6.09. GuruFocus considers Addnode Group AB to be Possible Value Trap.

Key valuation signals for FRA:AR7:

  • Cyclically Adjusted Book per Share: €1.28
  • GF Value™: €6.09 vs. price of €3.42 (43.9% below fair value)
  • GF Score™: 75/100 with 6 warning signs

No single metric tells the full story. See the FRA:AR7 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Addnode Group AB Business Description

Address Norra Stationsgatan 93, Stockholm, SWE, SE-113 64
Addnode Group AB acquires, operates, and develops businesses that provide digital technologies and services in Sweden. Its operations are divided into three business divisions: The Design Management business, the Product Lifecycle Management (PLM) and the Process Management business. The majority of revenue is derived from the Design Management business, which offers digital solutions and services for design, BIM, product data and facility management for architects and engineers in the manufacturing and construction industries, in both private and public sector. Geographically, the company generates the maximum revenue from Sweden and the rest from the USA, UK, Germany, Norway, etc.
75GF Score

Get the complete analysis for FRA:AR7

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

€3.42
Price
€6.09
GF Value