Mips AB (HAM:7M1) Cyclically Adjusted Book per Share: €1.68 (As of Jun. 2026)

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HAM:7M1 Mips AB HAM:7M1
85 GF Score
Price €34.60
GF Value €48.62
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Mips AB Cyclically Adjusted Book per Share?

Mips AB HAM:7M1 +7.25% 85 Cyclically Adjusted Book per Share is €1.68 as of Jun. 2026. GuruFocus rates HAM:7M1 with a GF Score™ of 85/100 and a GF Value™ of €48.62 (Modestly Undervalued). 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.

Mips AB's adjusted book value per share for the three months ended in Jun. 2026 was €2.142. 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 €1.68 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Mips AB's average Cyclically Adjusted Book Growth Rate was 7.60% 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.

As of today (2026-07-21), Mips AB's current stock price is €34.60. Mips AB's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €1.68. Mips AB's Cyclically Adjusted PB Ratio of today is 20.60.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Mips AB was 27.01. The lowest was 11.46. And the median was 18.82.


Mips AB  (HAM:7M1) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=34.60/1.68
=20.60

* 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 Mips AB was 27.01. The lowest was 11.46. And the median was 18.82.


Be Aware

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


Mips AB Cyclically Adjusted Book per Share Related Terms


Mips AB Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Mips 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.

Mips AB Cyclically Adjusted Book per Share Chart

Mips 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 0.00 0.00 0.00 0.00 1.74

Mips 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 0.00 0.00 1.74 1.67 1.68

HAM:7M1 vs AS, HAS, LTH: Cyclically Adjusted Book per Share Comparison

For the Leisure subindustry, Mips 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.


Mips AB Cyclically Adjusted PB Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Mips AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


HAM:7M1
85GF Score
Mips AB HAM:7M1
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mips 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, Mips 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)
=2.142/134.1100*134.1100
=2.142

Current CPI (Jun. 2026) = 134.1100.

Mips AB Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.000 101.138 0.000
201612 0.233 102.022 0.306
201703 0.829 102.022 1.090
201706 0.855 102.752 1.116
201709 0.870 103.279 1.130
201712 0.878 103.793 1.134
201803 0.860 103.962 1.109
201806 0.908 104.875 1.161
201809 0.958 105.679 1.216
201812 1.060 105.912 1.342
201903 1.068 105.886 1.353
201906 0.930 106.742 1.168
201909 0.969 107.214 1.212
201912 1.124 107.766 1.399
202003 1.253 106.563 1.577
202006 1.166 107.498 1.455
202009 1.333 107.635 1.661
202012 1.599 108.296 1.980
202103 1.686 108.360 2.087
202106 1.560 108.928 1.921
202109 1.871 110.338 2.274
202112 2.146 112.486 2.559
202203 2.274 114.825 2.656
202206 2.045 118.384 2.317
202209 2.090 122.296 2.292
202212 2.175 126.365 2.308
202303 2.197 127.042 2.319
202306 1.717 129.407 1.779
202309 1.993 130.224 2.052
202312 2.217 131.912 2.254
202403 2.238 132.205 2.270
202406 1.843 132.716 1.862
202409 1.948 132.304 1.975
202412 2.104 132.987 2.122
202503 2.230 132.825 2.252
202506 1.724 133.699 1.729
202509 1.839 133.480 1.848
202512 1.949 133.390 1.960
202603 2.117 133.560 2.126
202606 2.142 134.110 2.142

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 €1.68 mean?
Mips AB (HAM:7M1) has a Cyclically Adjusted Book per Share of €1.68 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 Mips AB and its competitors.
Is Mips AB's Cyclically Adjusted Book per Share too high?
Mips AB's current Cyclically Adjusted Book per Share is €1.68. Overall, Mips AB has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mips AB's Cyclically Adjusted Book per Share compare to AS and HAS?
Mips AB's Cyclically Adjusted Book per Share of €1.68 can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Cyclically Adjusted Book per Share depends on the Travel & Leisure 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 Mips AB and its competitors. Mips AB's current Cyclically Adjusted Book per Share is €1.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mips AB stock overvalued right now?
Based on GuruFocus' analysis, Mips AB (HAM:7M1) is currently considered Modestly Undervalued. The stock's GF Value™ is €48.62, compared to a current price of €34.60 — trading 28.8% below its estimated fair value. The current Cyclically Adjusted Book per Share is €1.68. Mips AB's overall GF Score™ is 85/100 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 Mips AB (HAM:7M1), the current Cyclically Adjusted Book per Share is €1.68 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 Mips AB (HAM:7M1) Overvalued in 2026?

Based on GuruFocus' analysis, Mips AB stock appears to be undervalued. The current stock price of €34.60 is trading 28.8% below its estimated GF Value™ of €48.62. GuruFocus considers Mips AB to be Modestly Undervalued.

Key valuation signals for HAM:7M1:

  • Cyclically Adjusted Book per Share: €1.68
  • GF Value™: €48.62 vs. price of €34.60 (28.8% below fair value)
  • GF Score™: 85/100 with 5 warning signs

No single metric tells the full story. See the HAM:7M1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mips AB Business Description

Address Kemistvagen 1B, Taby, Stockholm, SWE, 183 79
Mips AB is a safety solutions provider that develops and sells the Mips safety system, comprising a low friction layer with different components that are designed for different helmet models. The system is adapted to different helmet models and is used by manufacturers in helmets for activities such as cycling, snow sports, motorcycling, and professional safety applications. The company sells its products and licenses the associated technology to helmet brands that manufacture, market, and sell helmets to end-users, directly or indirectly. Geographically, the company derives the majority of revenue from North America.
85GF Score

Get the complete analysis for HAM:7M1

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

€34.60
Price
€48.62
GF Value