Boliden AB (MIL:1BOL) Cyclically Adjusted Book per Share: €24.78 (As of Mar. 2026)


MIL:1BOL Boliden AB MIL:1BOL
70 GF Score
Price €47.99
GF Value €48.63
Valuation Fairly Valued
! 7 Warning Signs
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What is Boliden AB Cyclically Adjusted Book per Share?

Boliden AB MIL:1BOL 70 Cyclically Adjusted Book per Share is €24.78 as of Mar. 2026. GuruFocus rates MIL:1BOL with a GF Score™ of 70/100 and a GF Value™ of €48.63 (Fairly Valued). The stock has 7 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.

Boliden AB's adjusted book value per share for the three months ended in Mar. 2026 was €26.549. 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 €24.78 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Boliden AB'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 8.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 12.10% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 11.60% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Boliden AB was 14.80% per year. The lowest was -50.50% per year. And the median was 10.00% per year.

As of today (2026-07-12), Boliden AB's current stock price is €47.99. Boliden AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €24.78. Boliden AB's Cyclically Adjusted PB Ratio of today is 1.94.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Boliden AB was 3.85. The lowest was 1.46. And the median was 2.52.


Boliden AB  (MIL:1BOL) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=47.99/24.78
=1.94

* 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 Boliden AB was 3.85. The lowest was 1.46. And the median was 2.52.


Be Aware

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


Boliden AB Cyclically Adjusted Book per Share Related Terms


Boliden AB Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Boliden 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.

Boliden AB Cyclically Adjusted Book per Share Chart

Boliden 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 16.29

Boliden 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 0.00 17.59 13.90 16.29 24.78

Boliden AB Cyclically Adjusted Book per Share Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Boliden 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.


Boliden AB Cyclically Adjusted PB Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Boliden AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


MIL:1BOL
70GF Score
Boliden AB MIL:1BOL
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Boliden 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, Boliden 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)
=26.549/133.5600*133.5600
=26.549

Current CPI (Mar. 2026) = 133.5600.

Boliden AB Quarterly Data

Book Value per Share CPI Adj_Book
201606 10.256 101.019 13.560
201609 10.528 101.138 13.903
201612 11.063 102.022 14.483
201703 11.892 102.022 15.568
201706 11.669 102.752 15.168
201709 12.451 103.279 16.102
201712 12.900 103.793 16.600
201803 13.575 103.962 17.440
201806 12.865 104.875 16.384
201809 13.062 105.679 16.508
201812 13.880 105.912 17.503
201903 14.335 105.886 18.082
201906 13.399 106.742 16.765
201909 13.877 107.214 17.287
201912 14.453 107.766 17.912
202003 14.552 106.563 18.239
202006 14.620 107.498 18.165
202009 15.431 107.635 19.148
202012 16.396 108.296 20.221
202103 17.339 108.360 21.371
202106 16.737 108.928 20.522
202109 17.343 110.338 20.993
202112 18.107 112.486 21.499
202203 19.156 114.825 22.281
202206 17.857 118.384 20.146
202209 18.644 122.296 20.361
202212 19.393 126.365 20.497
202303 19.805 127.042 20.821
202306 17.295 129.407 17.850
202309 17.310 130.224 17.754
202312 18.438 131.912 18.668
202403 18.887 132.205 19.081
202406 19.322 132.716 19.445
202409 19.824 132.304 20.012
202412 20.661 132.987 20.750
202503 22.041 132.825 22.163
202506 22.564 133.699 22.541
202509 23.273 133.480 23.287
202512 24.760 133.390 24.792
202603 26.549 133.560 26.549

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 €24.78 mean?
Boliden AB (MIL:1BOL) has a Cyclically Adjusted Book per Share of €24.78 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 Boliden AB and its competitors.
Is Boliden AB's Cyclically Adjusted Book per Share too high?
Boliden AB's current Cyclically Adjusted Book per Share is €24.78. Overall, Boliden AB has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Boliden AB's Cyclically Adjusted Book per Share compare to competitors?
Boliden AB's Cyclically Adjusted Book per Share of €24.78 can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Cyclically Adjusted Book per Share depends on the Metals & Mining 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 Boliden AB and its competitors. Boliden AB's current Cyclically Adjusted Book per Share is €24.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Boliden AB stock overvalued right now?
Based on GuruFocus' analysis, Boliden AB (MIL:1BOL) is currently considered Fairly Valued. The stock's GF Value™ is €48.63, compared to a current price of €47.99 — trading 1.3% below its estimated fair value. The current Cyclically Adjusted Book per Share is €24.78. Boliden AB's overall GF Score™ is 70/100 with 7 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 Boliden AB (MIL:1BOL), the current Cyclically Adjusted Book per Share is €24.78 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 Boliden AB (MIL:1BOL) Overvalued in 2026?

Based on GuruFocus' analysis, Boliden AB stock appears to be undervalued. The current stock price of €47.99 is trading 1.3% below its estimated GF Value™ of €48.63. GuruFocus considers Boliden AB to be Fairly Valued.

Key valuation signals for MIL:1BOL:

  • Cyclically Adjusted Book per Share: €24.78
  • GF Value™: €48.63 vs. price of €47.99 (1.3% below fair value)
  • GF Score™: 70/100 with 7 warning signs

No single metric tells the full story. See the MIL:1BOL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Boliden AB Business Description

Address Klarabergsviadukten 90, P.O. Box 44, Stockholm, SWE, SE-101 20
Boliden AB operates Mines and smelters in Sweden, Norway, Finland, and Ireland. The company processes zinc, copper, gold, silver and other metals and is engaged in exploration, mining, smelting, and metals recycling. The company has two operating segments: the business area smelters and the business area mines. The business area mines division comprises mining areas: Aitik, the Boliden Area, and Garpenberg in Sweden; Kevitsa in Finland; and the Tara mine in Ireland. It includes both underground mines and open-pit mines. The company generates maximum revenue from the Business area Smelters segment.
70GF Score

Get the complete analysis for MIL:1BOL

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

€47.99
Price
€48.63
GF Value