Svenska Cellulosa AB (FRA:SCA) Cyclically Adjusted Book per Share: €10.90 (As of Mar. 2026)


FRA:SCA Svenska Cellulosa AB FRA:SCA
65 GF Score
Price €9.01
GF Value €13.01
Valuation Possible Value Trap
! 5 Warning Signs
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What is Svenska Cellulosa AB Cyclically Adjusted Book per Share?

Svenska Cellulosa AB FRA:SCA -0.90% 65 Cyclically Adjusted Book per Share is €10.90 as of Mar. 2026. GuruFocus rates FRA:SCA with a GF Score™ of 65/100 and a GF Value™ of €13.01 (Possible Value Trap). The stock has 5 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.

Svenska Cellulosa AB's adjusted book value per share for the three months ended in Mar. 2026 was €13.234. 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 €10.90 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Svenska Cellulosa AB's average Cyclically Adjusted Book Growth Rate was 1.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 3.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.80% 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 Svenska Cellulosa AB was 8.90% per year. The lowest was -0.80% per year. And the median was 5.20% per year.

As of today (2026-06-28), Svenska Cellulosa AB's current stock price is €9.008. Svenska Cellulosa AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €10.90. Svenska Cellulosa AB's Cyclically Adjusted PB Ratio of today is 0.83.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Svenska Cellulosa AB was 2.11. The lowest was 0.65. And the median was 1.20.


Svenska Cellulosa AB  (FRA:SCA) 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.

Svenska Cellulosa AB's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=9.008/10.90
=0.83

* 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 Svenska Cellulosa AB was 2.11. The lowest was 0.65. And the median was 1.20.


Be Aware

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


Svenska Cellulosa AB Cyclically Adjusted Book per Share Related Terms


Svenska Cellulosa AB Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Svenska Cellulosa 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.

Svenska Cellulosa AB Cyclically Adjusted Book per Share Chart

Svenska Cellulosa 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 8.99 9.67 10.56 10.37 11.03

Svenska Cellulosa AB 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 11.16 10.91 10.79 11.03 10.90

FRA:SCA vs SLVM: Cyclically Adjusted Book per Share Comparison

For the Paper & Paper Products subindustry, Svenska Cellulosa 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.


Svenska Cellulosa AB Cyclically Adjusted PB Ratio vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Svenska Cellulosa AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:SCA
65GF Score
Svenska Cellulosa AB FRA:SCA
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Svenska Cellulosa 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, Svenska Cellulosa AB'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)
=13.234/133.3862*133.3862
=13.234

Current CPI (Mar. 2026) = 133.3862.

Svenska Cellulosa AB Quarterly Data

Book Value per Share CPI Adj_Book
201606 10.162 101.019 13.418
201609 10.134 101.138 13.365
201612 10.723 102.022 14.020
201703 11.360 102.022 14.852
201706 5.215 102.752 6.770
201709 5.390 103.279 6.961
201712 5.268 103.793 6.770
201803 5.078 103.962 6.515
201806 5.147 104.875 6.546
201809 5.240 105.679 6.614
201812 5.414 105.912 6.818
201903 5.237 105.886 6.597
201906 5.265 106.742 6.579
201909 5.338 107.214 6.641
201912 9.307 107.766 11.520
202003 8.934 106.563 11.183
202006 9.422 107.498 11.691
202009 9.415 107.635 11.667
202012 10.099 108.296 12.439
202103 10.280 108.360 12.654
202106 10.489 108.928 12.844
202109 10.662 110.338 12.889
202112 11.514 112.486 13.653
202203 11.170 114.825 12.976
202206 11.562 118.384 13.027
202209 11.772 122.296 12.840
202212 12.480 126.365 13.173
202303 12.189 127.042 12.798
202306 11.823 129.407 12.187
202309 11.701 130.224 11.985
202312 13.274 131.912 13.422
202403 13.002 132.205 13.118
202406 13.107 132.716 13.173
202409 13.156 132.304 13.264
202412 12.878 132.987 12.917
202503 13.645 132.825 13.703
202506 13.390 133.699 13.359
202509 13.521 133.482 13.511
202512 13.280 133.386 13.280
202603 13.234 133.386 13.234

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 €10.90 mean?
Svenska Cellulosa AB (FRA:SCA) has a Cyclically Adjusted Book per Share of €10.90 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 Svenska Cellulosa AB and its competitors.
Is Svenska Cellulosa AB's Cyclically Adjusted Book per Share too high?
Svenska Cellulosa AB's current Cyclically Adjusted Book per Share is €10.90. Overall, Svenska Cellulosa AB has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Svenska Cellulosa AB's Cyclically Adjusted Book per Share compare to SLVM?
Svenska Cellulosa AB's Cyclically Adjusted Book per Share of €10.90 can be compared against companies in the Forest Products 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 Forest Products company?
A good Cyclically Adjusted Book per Share depends on the Forest Products 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 Svenska Cellulosa AB and its competitors. Svenska Cellulosa AB's current Cyclically Adjusted Book per Share is €10.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Svenska Cellulosa AB stock overvalued right now?
Based on GuruFocus' analysis, Svenska Cellulosa AB (FRA:SCA) is currently considered Possible Value Trap. The stock's GF Value™ is €13.01, compared to a current price of €9.01 — trading 30.8% below its estimated fair value. The current Cyclically Adjusted Book per Share is €10.90. Svenska Cellulosa AB's overall GF Score™ is 65/100 with 5 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 Svenska Cellulosa AB (FRA:SCA), the current Cyclically Adjusted Book per Share is €10.90 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 Svenska Cellulosa AB (FRA:SCA) Overvalued in 2026?

Based on GuruFocus' analysis, Svenska Cellulosa AB stock appears to be undervalued. The current stock price of €9.01 is trading 30.8% below its estimated GF Value™ of €13.01. GuruFocus considers Svenska Cellulosa AB to be Possible Value Trap.

Key valuation signals for FRA:SCA:

  • Cyclically Adjusted Book per Share: €10.90
  • GF Value™: €13.01 vs. price of €9.01 (30.8% below fair value)
  • GF Score™: 65/100 with 5 warning signs

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


Svenska Cellulosa AB Business Description

Address Skepparplatsen 1, Sundsvall, SWE, SE-851 88
Svenska Cellulosa AB is Europe's private forest owner, engaged in different business segments such as the Forest segment, which generates key revenue, and supplies its industries with timber. The Wood segment includes five sawmills in northern Sweden and wood processing and distribution to the building materials trade in Sweden and France, The Pulp segment encompasses the production and sale of bleached softwood kraft pulp (NBSK) and chemi-thermomechanical pulp (CTMP), which are produced at the Ostrand pulp mill, The Containerboard segment includes packaging paper with kraft liner manufacturing at the Obbola and Munksund paper mills, and The Renewable Energy segment which encompasses production and sales of processed and unprocessed biofuels as well as liquid biofuels.
65GF Score

Get the complete analysis for FRA:SCA

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

€9.01
Price
€13.01
GF Value