Clas Ohlson AB (FRA:OHCB) Cyclically Adjusted Book per Share: €3.38 (As of Apr. 2026)

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FRA:OHCB Clas Ohlson AB FRA:OHCB
77 GF Score
Price €35.46
GF Value €21.67
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Clas Ohlson AB Cyclically Adjusted Book per Share?

Clas Ohlson AB FRA:OHCB +0.74% 77 Cyclically Adjusted Book per Share is €3.38 as of Apr. 2026. GuruFocus rates FRA:OHCB with a GF Score™ of 77/100 and a GF Value™ of €21.67 (Significantly Overvalued). The stock has 3 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.

Clas Ohlson AB's adjusted book value per share for the three months ended in Apr. 2026 was €4.577. 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 €3.38 for the trailing ten years ended in Apr. 2026.

During the past 12 months, Clas Ohlson AB's average Cyclically Adjusted Book Growth Rate was -0.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -0.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 2.40% 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 Clas Ohlson AB was 6.30% per year. The lowest was -0.70% per year. And the median was 3.20% per year.

As of today (2026-07-17), Clas Ohlson AB's current stock price is €35.46. Clas Ohlson AB's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 was €3.38. Clas Ohlson AB's Cyclically Adjusted PB Ratio of today is 10.49.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Clas Ohlson AB was 11.76. The lowest was 1.75. And the median was 3.15.


Clas Ohlson AB  (FRA:OHCB) 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.

Clas Ohlson AB's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=35.46/3.38
=10.49

* 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 Clas Ohlson AB was 11.76. The lowest was 1.75. And the median was 3.15.


Be Aware

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


Clas Ohlson AB Cyclically Adjusted Book per Share Related Terms


Clas Ohlson AB Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Clas Ohlson 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.

Clas Ohlson AB Cyclically Adjusted Book per Share Chart

Clas Ohlson AB Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.46 3.35 3.26 3.41 3.38

Clas Ohlson AB Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 3.41 3.34 3.44 3.47 3.38

FRA:OHCB vs CASY, WSM, DKS: Cyclically Adjusted Book per Share Comparison

For the Specialty Retail subindustry, Clas Ohlson 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.


Clas Ohlson AB Cyclically Adjusted PB Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Clas Ohlson AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:OHCB
77GF Score
Clas Ohlson AB FRA:OHCB
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Clas Ohlson 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, Clas Ohlson AB's adjusted Book Value per Share data for the three months ended in Apr. 2026 was:

Adj_Book= Book Value per Share /CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=4.577/132.7900*132.7900
=4.577

Current CPI (Apr. 2026) = 132.7900.

Clas Ohlson AB Quarterly Data

Book Value per Share CPI Adj_Book
201607 3.634 101.080 4.774
201610 3.141 101.485 4.110
201701 3.702 101.326 4.852
201704 3.715 102.615 4.807
201707 3.792 103.301 4.874
201710 3.336 103.202 4.292
201801 3.684 102.925 4.753
201804 3.451 104.390 4.390
201807 3.519 105.420 4.433
201810 2.931 105.545 3.688
201901 3.057 104.855 3.871
201904 2.929 106.627 3.648
201907 2.729 107.166 3.382
201910 2.236 107.243 2.769
202001 2.699 106.215 3.374
202004 2.548 106.240 3.185
202007 2.773 107.731 3.418
202010 2.935 107.539 3.624
202101 3.460 107.897 4.258
202104 3.400 108.624 4.156
202107 3.585 109.218 4.359
202110 3.188 110.562 3.829
202201 3.560 111.876 4.225
202204 3.397 115.534 3.904
202207 3.239 118.489 3.630
202210 1.959 122.561 2.122
202301 2.117 124.942 2.250
202304 1.999 127.632 2.080
202307 1.887 129.464 1.935
202310 2.019 130.549 2.054
202401 2.488 131.720 2.508
202404 2.515 132.601 2.519
202407 2.718 132.831 2.717
202410 2.688 132.604 2.692
202501 3.266 132.943 3.262
202504 3.446 132.981 3.441
202507 3.692 133.957 3.660
202510 3.579 133.830 3.551
202601 4.408 133.560 4.383
202604 4.577 132.790 4.577

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 €3.38 mean?
Clas Ohlson AB (FRA:OHCB) has a Cyclically Adjusted Book per Share of €3.38 as of Apr. 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 Clas Ohlson AB and its competitors.
Is Clas Ohlson AB's Cyclically Adjusted Book per Share too high?
Clas Ohlson AB's current Cyclically Adjusted Book per Share is €3.38. Overall, Clas Ohlson AB has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Clas Ohlson AB's Cyclically Adjusted Book per Share compare to CASY and WSM?
Clas Ohlson AB's Cyclically Adjusted Book per Share of €3.38 can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Cyclically Adjusted Book per Share depends on the Retail - Cyclical 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 Clas Ohlson AB and its competitors. Clas Ohlson AB's current Cyclically Adjusted Book per Share is €3.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Clas Ohlson AB stock overvalued right now?
Based on GuruFocus' analysis, Clas Ohlson AB (FRA:OHCB) is currently considered Significantly Overvalued. The stock's GF Value™ is €21.67, compared to a current price of €35.46 — trading 63.6% above its estimated fair value. The current Cyclically Adjusted Book per Share is €3.38. Clas Ohlson AB's overall GF Score™ is 77/100 with 3 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 Clas Ohlson AB (FRA:OHCB), the current Cyclically Adjusted Book per Share is €3.38 as of Apr. 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 Clas Ohlson AB (FRA:OHCB) Overvalued in 2026?

Based on GuruFocus' analysis, Clas Ohlson AB stock appears to be overvalued. The current stock price of €35.46 is trading 63.6% above its estimated GF Value™ of €21.67. GuruFocus considers Clas Ohlson AB to be Significantly Overvalued.

Key valuation signals for FRA:OHCB:

  • Cyclically Adjusted Book per Share: €3.38
  • GF Value™: €21.67 vs. price of €35.46 (63.6% above fair value)
  • GF Score™: 77/100 with 3 warning signs

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


Clas Ohlson AB Business Description

Address Municipality of Leksand, Insjon, SWE, 793 85
Clas Ohlson AB is a Swedish specialty retailer of home and office solutions. The company has five product categories: hardware, electrical, home, multimedia, and leisure items. The hardware category includes home repair tools, with Capere, Cocraft, and Clas Ohlson as proprietary brands. The electrical category consists of energy and electrical solutions, mainly under its own brands: Cotech and Northlight. Multimedia offers technology to connect devices. The home category offers practical items for the kitchen, wardrobe, bathroom, and laundry. Clas Ohlson's main segments by revenue are Sweden, Norway, Finland, and a few other countries outside the Nordics.
77GF Score

Get the complete analysis for FRA:OHCB

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

€35.46
Price
€21.67
GF Value