Enablence Technologies (FRA:OA8) Cyclically Adjusted Book per Share: €-1.73 (As of Mar. 2026)


FRA:OA8 Enablence Technologies Inc FRA:OA8
18 GF Score
Price €5.60
GF Value €1.64
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Enablence Technologies Cyclically Adjusted Book per Share?

Enablence Technologies FRA:OA8 +2.75% 18 Cyclically Adjusted Book per Share is €-1.73 as of Mar. 2026. GuruFocus rates FRA:OA8 with a GF Score™ of 18/100 and a GF Value™ of €1.64 (Significantly Overvalued). 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.

Enablence Technologies's adjusted book value per share for the three months ended in Mar. 2026 was €-2.352. 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 €-1.73 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.30% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Enablence Technologies was 24.70% per year. The lowest was -54.30% per year. And the median was 0.30% per year.

As of today (2026-07-02), Enablence Technologies's current stock price is €5.60. Enablence Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €-1.73. Enablence Technologies's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Enablence Technologies was 0.53. The lowest was 0.01. And the median was 0.03.


Enablence Technologies  (FRA:OA8) 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Enablence Technologies was 0.53. The lowest was 0.01. And the median was 0.03.


Be Aware

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


Enablence Technologies Cyclically Adjusted Book per Share Related Terms


Enablence Technologies Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Enablence 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.

Enablence Technologies Cyclically Adjusted Book per Share Chart

Enablence Technologies Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.01 -0.03 -0.02 -0.03 -0.05

Enablence 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 -0.03 -0.05 -0.04 -0.03 -1.73

FRA:OA8 vs CSCO, CIEN, MSI: Cyclically Adjusted Book per Share Comparison

For the Communication Equipment subindustry, Enablence 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.


Enablence Technologies Cyclically Adjusted PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Enablence Technologies's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:OA8
18GF Score
Enablence Technologies Inc FRA:OA8
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Enablence 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, Enablence 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)
=-2.352/132.2623*132.2623
=-2.352

Current CPI (Mar. 2026) = 132.2623.

Enablence Technologies Quarterly Data

Book Value per Share CPI Adj_Book
201606 -0.564 102.002 -0.731
201609 -0.969 101.765 -1.259
201612 -0.877 101.449 -1.143
201703 -1.090 102.634 -1.405
201706 -0.759 103.029 -0.974
201709 -1.128 103.345 -1.444
201712 -1.565 103.345 -2.003
201803 -1.787 105.004 -2.251
201806 -2.340 105.557 -2.932
201809 -2.545 105.636 -3.186
201812 -2.886 105.399 -3.622
201903 -3.408 106.979 -4.213
201906 -3.981 107.690 -4.889
201909 -4.309 107.611 -5.296
201912 -4.726 107.769 -5.800
202003 -4.773 107.927 -5.849
202006 -5.289 108.401 -6.453
202009 -5.417 108.164 -6.624
202012 -5.672 108.559 -6.910
202103 -5.981 110.298 -7.172
202106 -6.166 111.720 -7.300
202109 -6.147 112.905 -7.201
202112 -0.420 113.774 -0.488
202203 -0.487 117.646 -0.548
202206 -0.498 120.806 -0.545
202209 -0.576 120.648 -0.631
202212 -0.609 120.964 -0.666
202303 -0.669 122.702 -0.721
202306 -0.641 124.203 -0.683
202309 -0.760 125.230 -0.803
202312 -0.883 125.072 -0.934
202403 -1.011 126.258 -1.059
202406 -1.286 127.522 -1.334
202409 -1.431 127.285 -1.487
202412 -1.603 127.364 -1.665
202503 -1.763 129.181 -1.805
202506 -1.552 129.892 -1.580
202509 -1.737 130.287 -1.763
202512 -2.034 130.366 -2.064
202603 -2.352 132.262 -2.352

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 €-1.73 mean?
Enablence Technologies (FRA:OA8) has a Cyclically Adjusted Book per Share of €-1.73 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 Enablence Technologies and its competitors.
Is Enablence Technologies' Cyclically Adjusted Book per Share too high?
Enablence Technologies' current Cyclically Adjusted Book per Share is €-1.73. Overall, Enablence Technologies has a GF Score™ of 18/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Enablence Technologies' Cyclically Adjusted Book per Share compare to CSCO and CIEN?
Enablence Technologies' Cyclically Adjusted Book per Share of €-1.73 can be compared against companies in the Hardware 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 Hardware company?
A good Cyclically Adjusted Book per Share depends on the Hardware 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 Enablence Technologies and its competitors. Enablence Technologies's current Cyclically Adjusted Book per Share is €-1.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Enablence Technologies stock overvalued right now?
Based on GuruFocus' analysis, Enablence Technologies (FRA:OA8) is currently considered Significantly Overvalued. The stock's GF Value™ is €1.64, compared to a current price of €5.60 — trading 241.5% above its estimated fair value. The current Cyclically Adjusted Book per Share is €-1.73. Enablence Technologies' overall GF Score™ is 18/100 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 Enablence Technologies (FRA:OA8), the current Cyclically Adjusted Book per Share is €-1.73 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 Enablence Technologies (FRA:OA8) Overvalued in 2026?

Based on GuruFocus' analysis, Enablence Technologies stock appears to be overvalued. The current stock price of €5.60 is trading 241.5% above its estimated GF Value™ of €1.64. GuruFocus considers Enablence Technologies to be Significantly Overvalued.

Key valuation signals for FRA:OA8:

  • Cyclically Adjusted Book per Share: €-1.73
  • GF Value™: €1.64 vs. price of €5.60 (241.5% above fair value)
  • GF Score™: 18/100 with 6 warning signs

No single metric tells the full story. See the FRA:OA8 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Enablence Technologies Business Description

Other Exchanges ENAFF:USAENA:Canada
Address 390 March Road, Suite 119, Ottawa, ON, CAN, K2K 0G7
Enablence Technologies Inc is a company operating in an integrated optical products business. The company designs manufacture and sells optical components, in the form of planar lightwave circuits on silicon-based chips. Its products are offered in telecommunications, aerospace, and bio-chemical sensing industries. Enablence products serve a world-wide customer base, focused on data centres end markets in which Enablence works with customers that have emerging market uses for its technology, including medical devices, automotive LiDAR and virtual and augmented reality headset.
18GF Score

Get the complete analysis for FRA:OA8

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

€5.60
Price
€1.64
GF Value