Eastnine AB (LTS:0HEZ) Cyclically Adjusted Book per Share: kr45.99 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

LTS:0HEZ Eastnine AB LTS:0HEZ
41 GF Score
Price kr46.70
GF Value kr7.78
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Eastnine AB Cyclically Adjusted Book per Share?

Eastnine AB LTS:0HEZ -0.21% 41 Cyclically Adjusted Book per Share is kr45.99 as of Jun. 2026. GuruFocus rates LTS:0HEZ with a GF Score™ of 41/100 and a GF Value™ of kr7.78 (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.

Eastnine AB's adjusted book value per share for the three months ended in Jun. 2026 was kr52.589. 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 kr45.99 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Eastnine AB's average Cyclically Adjusted Book Growth Rate was 6.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 12.20% 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 Eastnine AB was 14.40% per year. The lowest was 9.30% per year. And the median was 12.60% per year.

As of today (2026-07-19), Eastnine AB's current stock price is kr46.70. Eastnine AB's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was kr45.99. Eastnine AB's Cyclically Adjusted PB Ratio of today is 1.02.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Eastnine AB was 1.53. The lowest was 0.65. And the median was 1.11.


Eastnine AB  (LTS:0HEZ) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=46.70/45.99
=1.02

* 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 Eastnine AB was 1.53. The lowest was 0.65. And the median was 1.11.


Be Aware

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


Eastnine AB Cyclically Adjusted Book per Share Related Terms


Eastnine AB Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Eastnine 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.

Eastnine AB Cyclically Adjusted Book per Share Chart

Eastnine 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 27.46 30.54 37.99 40.86 43.82

Eastnine 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 42.75 43.10 43.82 44.32 45.99

LTS:0HEZ vs CBRE, BEKE, JLL: Cyclically Adjusted Book per Share Comparison

For the Real Estate Services subindustry, Eastnine 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.


Eastnine AB Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Eastnine AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


LTS:0HEZ
41GF Score
Eastnine AB LTS:0HEZ
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Eastnine 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, Eastnine 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)
=52.589/134.1100*134.1100
=52.589

Current CPI (Jun. 2026) = 134.1100.

Eastnine AB Quarterly Data

Book Value per Share CPI Adj_Book
201509 21.030 100.228 28.139
201512 20.827 100.276 27.854
201603 20.889 100.751 27.805
201606 20.387 101.019 27.065
201609 20.905 101.138 27.720
201612 23.475 102.022 30.859
201703 23.441 102.022 30.814
201706 23.366 102.752 30.497
201712 24.740 103.793 31.966
201812 27.649 105.912 35.010
201903 0.000 105.886 0.000
201906 0.000 106.742 0.000
201909 0.000 107.214 0.000
201912 33.226 107.766 41.348
202003 31.619 106.563 39.793
202006 31.016 107.498 38.694
202009 32.242 107.635 40.173
202012 37.276 108.296 46.161
202103 37.950 108.360 46.968
202106 37.711 108.928 46.429
202109 37.588 110.338 45.686
202112 43.361 112.486 51.697
202203 40.648 114.825 47.475
202206 49.313 118.384 55.864
202209 58.195 122.296 63.817
202212 59.220 126.365 62.850
202303 58.973 127.042 62.254
202306 55.848 129.407 57.878
202309 53.132 130.224 54.718
202312 50.339 131.912 51.178
202403 51.521 132.205 52.263
202406 50.327 132.716 50.856
202409 50.650 132.304 51.341
202412 51.459 132.987 51.893
202503 51.462 132.825 51.960
202506 51.141 133.699 51.298
202509 52.144 133.480 52.390
202512 52.078 133.390 52.359
202603 52.429 133.560 52.645
202606 52.589 134.110 52.589

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 kr45.99 mean?
Eastnine AB (LTS:0HEZ) has a Cyclically Adjusted Book per Share of kr45.99 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 Eastnine AB and its competitors.
Is Eastnine AB's Cyclically Adjusted Book per Share too high?
Eastnine AB's current Cyclically Adjusted Book per Share is kr45.99. Overall, Eastnine AB has a GF Score™ of 41/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Eastnine AB's Cyclically Adjusted Book per Share compare to CBRE and BEKE?
Eastnine AB's Cyclically Adjusted Book per Share of kr45.99 can be compared against companies in the Real Estate 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 Real Estate company?
A good Cyclically Adjusted Book per Share depends on the Real Estate 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 Eastnine AB and its competitors. Eastnine AB's current Cyclically Adjusted Book per Share is kr45.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eastnine AB stock overvalued right now?
Based on GuruFocus' analysis, Eastnine AB (LTS:0HEZ) is currently considered Significantly Overvalued. The stock's GF Value™ is kr7.78, compared to a current price of kr46.70 — trading 500.3% above its estimated fair value. The current Cyclically Adjusted Book per Share is kr45.99. Eastnine AB's overall GF Score™ is 41/100 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 Eastnine AB (LTS:0HEZ), the current Cyclically Adjusted Book per Share is kr45.99 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 Eastnine AB (LTS:0HEZ) Overvalued in 2026?

Based on GuruFocus' analysis, Eastnine AB stock appears to be overvalued. The current stock price of kr46.70 is trading 500.3% above its estimated GF Value™ of kr7.78. GuruFocus considers Eastnine AB to be Significantly Overvalued.

Key valuation signals for LTS:0HEZ:

  • Cyclically Adjusted Book per Share: kr45.99
  • GF Value™: kr7.78 vs. price of kr46.70 (500.3% above fair value)
  • GF Score™: 41/100 with 6 warning signs

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


Eastnine AB Business Description

Other Exchanges EAST:Sweden
Address Kungsgatan 30, Stockholm, SWE, 111 35
Eastnine AB is a real estate company focused on modern and sustainable office properties in the Baltics and Poland. Its tenants comprise, mainly, large Nordic group companies that operate internationally. The company operates through four segments namely; Properties in Lithuania which generates key revenue, Properties in Latvia, Properties in Poland, and other investments. The firm generates revenue in the form of Rental income.
41GF Score

Get the complete analysis for LTS:0HEZ

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

kr46.70
Price
kr7.78
GF Value