Star Vault AB (NGM:STVA B) Cyclically Adjusted Book per Share: kr0.06 (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
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.

What is Star Vault AB Cyclically Adjusted Book per Share?

Star Vault AB NGM:STVA B Cyclically Adjusted Book per Share is kr0.06 as of Dec. 2025. The stock has 1 warning sign 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.

Star Vault AB's adjusted book value per share for the three months ended in Dec. 2025 was kr0.036. 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 kr0.06 for the trailing ten years ended in Dec. 2025.

During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -5.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -5.30% 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 Star Vault AB was -4.40% per year. The lowest was -16.40% per year. And the median was -5.00% per year.

As of today (2026-07-21), Star Vault AB's current stock price is kr0.08. Star Vault AB's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was kr0.06. Star Vault AB's Cyclically Adjusted PB Ratio of today is 1.33.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Star Vault AB was 21.53. The lowest was 1.06. And the median was 2.57.


Star Vault AB  (NGM:STVA B) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.08/0.06
=1.33

* 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 Star Vault AB was 21.53. The lowest was 1.06. And the median was 2.57.


Be Aware

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


Star Vault AB Cyclically Adjusted Book per Share Related Terms


Star Vault AB Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Star Vault 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.

Star Vault AB Cyclically Adjusted Book per Share Chart

Star Vault 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 0.07 0.07 0.07 0.06 0.06

Star Vault AB Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.07 0.06 0.06 0.06 0.06

NGM:STVA B vs NTES, EA, TTWO: Cyclically Adjusted Book per Share Comparison

For the Electronic Gaming & Multimedia subindustry, Star Vault 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.


Star Vault AB Cyclically Adjusted PB Ratio vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Star Vault AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Star Vault 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, Star Vault AB's adjusted Book Value per Share data for the three months ended in Dec. 2025 was:

Adj_Book= Book Value per Share /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=0.036/133.3900*133.3900
=0.036

Current CPI (Dec. 2025) = 133.3900.

Star Vault AB Quarterly Data

Book Value per Share CPI Adj_Book
201312 0.079 100.541 0.105
201403 0.071 99.788 0.095
201406 0.058 100.432 0.077
201409 0.044 100.161 0.059
201412 0.032 100.225 0.043
201503 0.025 99.950 0.033
201506 0.021 99.995 0.028
201509 0.023 100.228 0.031
201512 0.025 100.276 0.033
201603 0.027 100.751 0.036
201606 0.029 101.019 0.038
201609 0.106 101.138 0.140
201612 0.072 102.022 0.094
201703 0.071 102.022 0.093
201706 0.068 102.752 0.088
201709 0.067 103.279 0.087
201712 0.055 103.793 0.071
201803 0.051 103.962 0.065
201806 0.048 104.875 0.061
201809 0.052 105.679 0.066
201812 0.044 105.912 0.055
201903 0.119 105.886 0.150
201906 0.047 106.742 0.059
201909 0.041 107.214 0.051
201912 0.039 107.766 0.048
202003 0.035 106.563 0.044
202006 0.036 107.498 0.045
202009 0.034 107.635 0.042
202012 0.028 108.296 0.034
202103 0.045 108.360 0.055
202106 0.045 108.928 0.055
202112 0.049 112.486 0.058
202206 0.065 118.384 0.073
202212 0.056 126.365 0.059
202306 0.044 129.407 0.045
202312 0.036 131.912 0.036
202406 0.035 132.716 0.035
202412 0.038 132.987 0.038
202506 0.035 133.699 0.035
202512 0.036 133.390 0.036

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 kr0.06 mean?
Star Vault AB (NGM:STVA B) has a Cyclically Adjusted Book per Share of kr0.06 as of Dec. 2025. 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 Star Vault AB and its competitors.
Is Star Vault AB's Cyclically Adjusted Book per Share too high?
Star Vault AB's current Cyclically Adjusted Book per Share is kr0.06.
How does Star Vault AB's Cyclically Adjusted Book per Share compare to NTES and EA?
Star Vault AB's Cyclically Adjusted Book per Share of kr0.06 can be compared against companies in the Interactive Media 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 an Interactive Media company?
A good Cyclically Adjusted Book per Share depends on the Interactive Media 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 Star Vault AB and its competitors. Star Vault AB's current Cyclically Adjusted Book per Share is kr0.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Star Vault AB stock overvalued right now?
Based on GuruFocus' analysis, Star Vault AB (NGM:STVA B) is currently considered Modestly Undervalued. The stock's GF Value™ is kr0.09, compared to a current price of kr0.08 — trading 11.1% below its estimated fair value. The current Cyclically Adjusted Book per Share is kr0.06. 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 Star Vault AB (NGM:STVA B), the current Cyclically Adjusted Book per Share is kr0.06 as of Dec. 2025. 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.

Star Vault AB Business Description

Address Drottninggatan 38, Malmo, SWE, 211 41
Star Vault AB operates as a game developer in Sweden. It offers Mortal Online, an online game that is a massively multiplayer online role playing game and Kitten'd which is casual VR game for PC and Sony Playstation.