Nordic Semiconductor ASA (LTS:0FF9) Cyclically Adjusted Book per Share: kr23.50 (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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LTS:0FF9 Nordic Semiconductor ASA LTS:0FF9
83 GF Score
Price kr177.20
GF Value kr160.87
Valuation Fairly Valued
! 5 Warning Signs
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What is Nordic Semiconductor ASA Cyclically Adjusted Book per Share?

Nordic Semiconductor ASA LTS:0FF9 +3.53% 83 Cyclically Adjusted Book per Share is kr23.50 as of Jun. 2026. GuruFocus rates LTS:0FF9 with a GF Score™ of 83/100 and a GF Value™ of kr160.87 (Fairly Valued). 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.

Nordic Semiconductor ASA's adjusted book value per share for the three months ended in Jun. 2026 was kr35.082. 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 kr23.50 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Nordic Semiconductor ASA's average Cyclically Adjusted Book Growth Rate was 15.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 22.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 26.70% 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 Nordic Semiconductor ASA was 31.60% per year. The lowest was 22.30% per year. And the median was 26.35% per year.

As of today (2026-09-18), Nordic Semiconductor ASA's current stock price is kr177.20. Nordic Semiconductor ASA's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was kr23.50. Nordic Semiconductor ASA's Cyclically Adjusted PB Ratio of today is 7.54.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Nordic Semiconductor ASA was 40.44. The lowest was 4.75. And the median was 10.45.


Nordic Semiconductor ASA  (LTS:0FF9) 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.

Nordic Semiconductor ASA's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=177.20/23.498
=7.54

* 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 Nordic Semiconductor ASA was 40.44. The lowest was 4.75. And the median was 10.45.


Be Aware

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


Nordic Semiconductor ASA Cyclically Adjusted Book per Share Related Terms


Nordic Semiconductor ASA Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Nordic Semiconductor ASA'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.

Nordic Semiconductor ASA Cyclically Adjusted Book per Share Chart

Nordic Semiconductor ASA 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 9.67 12.94 16.36 19.56 22.79

Nordic Semiconductor ASA 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 20.29 21.05 21.79 22.73 23.50

LTS:0FF9 vs NVDA, AVGO, MU: Cyclically Adjusted Book per Share Comparison

For the Semiconductors subindustry, Nordic Semiconductor ASA'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.


Nordic Semiconductor ASA Cyclically Adjusted PB Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Nordic Semiconductor ASA's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Nordic Semiconductor ASA's Cyclically Adjusted PB Ratio falls into.


LTS:0FF9
83GF Score
Nordic Semiconductor ASA LTS:0FF9
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nordic Semiconductor ASA 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, Nordic Semiconductor ASA'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)
=35.082/141.6200*141.6200
=35.082

Current CPI (Jun. 2026) = 141.6200.

Nordic Semiconductor ASA Quarterly Data

Book Value per Share CPI Adj_Book
201609 5.764 104.200 7.834
201612 6.222 104.400 8.440
201703 6.204 105.000 8.368
201706 6.162 105.800 8.248
201709 6.049 105.900 8.089
201712 6.317 106.100 8.432
201803 6.087 107.300 8.034
201806 10.352 108.500 13.512
201809 10.784 109.500 13.947
201812 10.948 109.800 14.121
201903 10.562 110.400 13.549
201906 10.660 110.600 13.650
201909 11.677 111.100 14.885
201912 11.616 111.300 14.780
202003 14.016 111.200 17.850
202006 13.288 112.100 16.787
202009 19.161 112.900 24.035
202012 18.046 112.900 22.637
202103 18.165 114.600 22.448
202106 18.699 115.300 22.967
202109 19.662 117.500 23.698
202112 21.159 118.900 25.202
202203 22.583 119.800 26.696
202206 27.095 122.600 31.298
202209 31.294 125.600 35.285
202212 30.006 125.900 33.753
202303 32.467 127.600 36.034
202306 34.074 130.400 37.006
202309 33.990 129.800 37.085
202312 31.780 131.900 34.122
202403 32.355 132.600 34.556
202406 31.116 133.800 32.935
202409 31.411 133.700 33.272
202412 33.657 134.800 35.360
202503 30.638 136.100 31.881
202506 30.289 137.800 31.129
202509 33.660 138.500 34.418
202512 34.571 139.140 35.187
202603 33.417 141.060 33.550
202606 35.082 141.620 35.082

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 kr23.50 mean?
Nordic Semiconductor ASA (LTS:0FF9) has a Cyclically Adjusted Book per Share of kr23.50 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 Nordic Semiconductor ASA and its competitors.
Is Nordic Semiconductor ASA's Cyclically Adjusted Book per Share too high?
Nordic Semiconductor ASA's current Cyclically Adjusted Book per Share is kr23.50. Overall, Nordic Semiconductor ASA has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nordic Semiconductor ASA's Cyclically Adjusted Book per Share compare to NVDA and AVGO?
Nordic Semiconductor ASA's Cyclically Adjusted Book per Share of kr23.50 can be compared against companies in the Semiconductors 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 Semiconductors company?
A good Cyclically Adjusted Book per Share depends on the Semiconductors 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 Nordic Semiconductor ASA and its competitors. Nordic Semiconductor ASA's current Cyclically Adjusted Book per Share is kr23.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nordic Semiconductor ASA stock overvalued right now?
Based on GuruFocus' analysis, Nordic Semiconductor ASA (LTS:0FF9) is currently considered Fairly Valued. The stock's GF Value™ is kr160.87, compared to a current price of kr177.20 — trading 10.2% above its estimated fair value. The current Cyclically Adjusted Book per Share is kr23.50. Nordic Semiconductor ASA's overall GF Score™ is 83/100 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 Nordic Semiconductor ASA (LTS:0FF9), the current Cyclically Adjusted Book per Share is kr23.50 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 Nordic Semiconductor ASA (LTS:0FF9) Overvalued in 2026?

Based on GuruFocus' analysis, Nordic Semiconductor ASA stock appears to be overvalued. The current stock price of kr177.20 is trading 10.2% above its estimated GF Value™ of kr160.87. GuruFocus considers Nordic Semiconductor ASA to be Fairly Valued.

Key valuation signals for LTS:0FF9:

  • Cyclically Adjusted Book per Share: kr23.50
  • GF Value™: kr160.87 vs. price of kr177.20 (10.2% above fair value)
  • GF Score™: 83/100 with 5 warning signs

No single metric tells the full story. See the LTS:0FF9 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nordic Semiconductor ASA Business Description

Address Otto Nielsens veg 12, Trondheim, NOR, 7052
Nordic Semiconductor designs Bluetooth Low Energy chips for the wireless industry, making 90% of its revenue from this technology. Nordic's chips are used in all types of battery-powered devices such as wearables, smarthome applications, asset trackers, and industrial and healthcare markets. In recent years Nordic has also expanded into adjacent technologies such as Wi-Fi, Thread protocol and long-range connectivity.
83GF Score

Get the complete analysis for LTS:0FF9

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

kr177.20
Price
kr160.87
GF Value