Mowi ASA (LTS:0OAW) Cyclically Adjusted Book per Share: kr75.50 (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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:0OAW Mowi ASA LTS:0OAW
86 GF Score
Price kr206.30
GF Value kr212.65
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Mowi ASA Cyclically Adjusted Book per Share?

Mowi ASA LTS:0OAW +1.80% 86 Cyclically Adjusted Book per Share is kr75.50 as of Jun. 2026. GuruFocus rates LTS:0OAW with a GF Score™ of 86/100 and a GF Value™ of kr212.65 (Fairly Valued). The stock has 4 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.

Mowi ASA's adjusted book value per share for the three months ended in Jun. 2026 was kr88.162. 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 kr75.50 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Mowi ASA's average Cyclically Adjusted Book Growth Rate was 8.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 9.70% 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 Mowi ASA was 10.70% per year. The lowest was -18.60% per year. And the median was 8.70% per year.

As of today (2026-08-25), Mowi ASA's current stock price is kr206.30. Mowi ASA's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was kr75.50. Mowi ASA's Cyclically Adjusted PB Ratio of today is 2.73.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Mowi ASA was 5.41. The lowest was 1.66. And the median was 3.84.


Mowi ASA  (LTS:0OAW) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=206.30/75.50
=2.73

* 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 Mowi ASA was 5.41. The lowest was 1.66. And the median was 3.84.


Be Aware

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


Mowi ASA Cyclically Adjusted Book per Share Related Terms


Mowi ASA Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Mowi 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.

Mowi ASA Cyclically Adjusted Book per Share Chart

Mowi 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 50.51 56.91 62.06 67.63 72.43

Mowi 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 69.38 70.60 72.43 75.10 75.50

LTS:0OAW vs ADM, BG, TSN: Cyclically Adjusted Book per Share Comparison

For the Farm Products subindustry, Mowi 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.


Mowi ASA Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Mowi ASA's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


LTS:0OAW
86GF Score
Mowi ASA LTS:0OAW
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mowi 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, Mowi 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)
=88.162/141.5800*141.5800
=88.162

Current CPI (Jun. 2026) = 141.5800.

Mowi ASA Quarterly Data

Book Value per Share CPI Adj_Book
201609 40.218 104.200 54.646
201612 41.504 104.400 56.285
201703 43.274 105.000 58.350
201706 49.081 105.800 65.679
201709 48.089 105.900 64.291
201712 46.474 106.100 62.015
201803 45.785 107.300 60.412
201806 46.517 108.500 60.699
201809 46.053 109.500 59.545
201812 54.717 109.800 70.554
201903 56.248 110.400 72.134
201906 55.879 110.600 71.531
201909 54.056 111.100 68.886
201912 56.079 111.300 71.336
202003 57.409 111.200 73.093
202006 55.154 112.100 69.658
202009 56.762 112.900 71.181
202012 56.577 112.900 70.949
202103 59.759 114.600 73.828
202106 61.234 115.300 75.191
202109 60.115 117.500 72.435
202112 61.406 118.900 73.119
202203 61.530 119.800 72.716
202206 70.436 122.600 81.340
202209 69.190 125.600 77.993
202212 70.991 125.900 79.832
202303 79.824 127.600 88.570
202306 78.290 130.400 85.002
202309 77.244 129.800 84.254
202312 79.941 131.900 85.808
202403 82.389 132.600 87.969
202406 81.256 133.800 85.981
202409 82.782 133.700 87.661
202412 87.229 134.800 91.616
202503 83.579 136.100 86.944
202506 81.454 137.800 83.688
202509 81.074 138.500 82.877
202512 98.107 139.100 99.856
202603 95.837 141.030 96.211
202606 88.162 141.580 88.162

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 kr75.50 mean?
Mowi ASA (LTS:0OAW) has a Cyclically Adjusted Book per Share of kr75.50 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 Mowi ASA and its competitors.
Is Mowi ASA's Cyclically Adjusted Book per Share too high?
Mowi ASA's current Cyclically Adjusted Book per Share is kr75.50. Overall, Mowi ASA has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mowi ASA's Cyclically Adjusted Book per Share compare to ADM and BG?
Mowi ASA's Cyclically Adjusted Book per Share of kr75.50 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Cyclically Adjusted Book per Share depends on the Consumer Packaged Goods 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 Mowi ASA and its competitors. Mowi ASA's current Cyclically Adjusted Book per Share is kr75.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mowi ASA stock overvalued right now?
Based on GuruFocus' analysis, Mowi ASA (LTS:0OAW) is currently considered Fairly Valued. The stock's GF Value™ is kr212.65, compared to a current price of kr206.30 — trading 3% below its estimated fair value. The current Cyclically Adjusted Book per Share is kr75.50. Mowi ASA's overall GF Score™ is 86/100 with 4 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 Mowi ASA (LTS:0OAW), the current Cyclically Adjusted Book per Share is kr75.50 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 Mowi ASA (LTS:0OAW) Overvalued in 2026?

Based on GuruFocus' analysis, Mowi ASA stock appears to be undervalued. The current stock price of kr206.30 is trading 3% below its estimated GF Value™ of kr212.65. GuruFocus considers Mowi ASA to be Fairly Valued.

Key valuation signals for LTS:0OAW:

  • Cyclically Adjusted Book per Share: kr75.50
  • GF Value™: kr212.65 vs. price of kr206.30 (3% below fair value)
  • GF Score™: 86/100 with 4 warning signs

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


Mowi ASA Business Description

Address Sandviksboder 77A/B, Bergen, NOR, 5035
Mowi ASA is a Norway-based producer of farmed salmon, distributing salmon and other processed seafood globally. The company focuses on producing high-quality fish by producing its fish eggs and nurturing the fish in the early stages of their life. It operates in three business segments: Feed, Farming, and Sales & Marketing. Fish feed production comprises its two feed plants in Norway and Scotland. Farming includes a single operating segment composed of farming operations in Norway, Scotland, Canada, Chile, Ireland, the Faroe Islands, and Iceland, and Sales and Marketing is composed of two operating segments: Markets and Consumer Products. A majority of the company's revenue is generated from the Sales and Marketing business. Geographically, it derives maximum revenue from Europe.
86GF Score

Get the complete analysis for LTS:0OAW

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

kr206.30
Price
kr212.65
GF Value