NSKFF (Kongsberg Gruppen ASA) Cyclically Adjusted Book per Share: $1.76 (As of Mar. 2026)


NSKFF Kongsberg Gruppen ASA NSKFF
74 GF Score
Price $29.72
GF Value $19.50
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Kongsberg Gruppen ASA Cyclically Adjusted Book per Share?

Kongsberg Gruppen ASA NSKFF 74 Cyclically Adjusted Book per Share is $1.76 as of Mar. 2026. GuruFocus rates NSKFF with a GF Score™ of 74/100 and a GF Value™ of $19.50 (Significantly Overvalued). The stock has 3 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.

Kongsberg Gruppen ASA's adjusted book value per share for the three months ended in Mar. 2026 was $2.808. 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 $1.76 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Kongsberg Gruppen ASA's average Cyclically Adjusted Book Growth Rate was 9.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.30% 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 Kongsberg Gruppen ASA was 10.30% per year. The lowest was 7.60% per year. And the median was 8.70% per year.

As of today (2026-07-01), Kongsberg Gruppen ASA's current stock price is $29.7188. Kongsberg Gruppen ASA's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $1.76. Kongsberg Gruppen ASA's Cyclically Adjusted PB Ratio of today is 16.89.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Kongsberg Gruppen ASA was 20.05. The lowest was 1.72. And the median was 3.46.


Kongsberg Gruppen ASA  (OTCPK:NSKFF) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=29.7188/1.76
=16.89

* 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 Kongsberg Gruppen ASA was 20.05. The lowest was 1.72. And the median was 3.46.


Be Aware

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


Kongsberg Gruppen ASA Cyclically Adjusted Book per Share Related Terms


Kongsberg Gruppen ASA Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Kongsberg Gruppen 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.

Kongsberg Gruppen ASA Cyclically Adjusted Book per Share Chart

Kongsberg Gruppen 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 1.33 1.39 1.43 1.40 1.77

Kongsberg Gruppen ASA 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 1.50 1.66 1.76 1.77 1.76

NSKFF vs SPCX, GE, RTX: Cyclically Adjusted Book per Share Comparison

For the Aerospace & Defense subindustry, Kongsberg Gruppen 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.


Kongsberg Gruppen ASA Cyclically Adjusted PB Ratio vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Kongsberg Gruppen ASA's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


NSKFF
74GF Score
Kongsberg Gruppen ASA NSKFF
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kongsberg Gruppen 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, Kongsberg Gruppen ASA'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)
=2.808/139.1000*139.1000
=2.808

Current CPI (Mar. 2026) = 139.1000.

Kongsberg Gruppen ASA Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.148 103.800 1.538
201609 1.175 104.200 1.569
201612 1.132 104.400 1.508
201703 1.171 105.000 1.551
201706 1.161 105.800 1.526
201709 1.272 105.900 1.671
201712 1.276 106.100 1.673
201803 1.361 107.300 1.764
201806 1.252 108.500 1.605
201809 1.251 109.500 1.589
201812 1.624 109.800 2.057
201903 1.654 110.400 2.084
201906 1.584 110.600 1.992
201909 1.552 111.100 1.943
201912 1.570 111.300 1.962
202003 1.628 111.200 2.036
202006 1.685 112.100 2.091
202009 1.805 112.900 2.224
202012 1.692 112.900 2.085
202103 1.760 114.600 2.136
202106 1.639 115.300 1.977
202109 1.669 117.500 1.976
202112 1.683 118.900 1.969
202203 1.736 119.800 2.016
202206 1.351 122.600 1.533
202209 1.340 125.600 1.484
202212 1.551 125.900 1.714
202303 1.550 127.600 1.690
202306 1.465 130.400 1.563
202309 1.579 129.800 1.692
202312 1.721 131.900 1.815
202403 1.852 132.600 1.943
202406 1.695 133.800 1.762
202409 1.843 133.700 1.917
202412 1.893 134.800 1.953
202503 2.200 136.100 2.248
202506 2.076 137.800 2.096
202509 2.294 138.500 2.304
202512 2.540 139.100 2.540
202603 2.808 139.100 2.808

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 $1.76 mean?
Kongsberg Gruppen ASA (NSKFF) has a Cyclically Adjusted Book per Share of $1.76 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 Kongsberg Gruppen ASA and its competitors.
Is Kongsberg Gruppen ASA's Cyclically Adjusted Book per Share too high?
Kongsberg Gruppen ASA's current Cyclically Adjusted Book per Share is $1.76. Overall, Kongsberg Gruppen ASA has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kongsberg Gruppen ASA's Cyclically Adjusted Book per Share compare to SPCX and GE?
Kongsberg Gruppen ASA's Cyclically Adjusted Book per Share of $1.76 can be compared against companies in the Aerospace & Defense 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 Aerospace & Defense company?
A good Cyclically Adjusted Book per Share depends on the Aerospace & Defense 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 Kongsberg Gruppen ASA and its competitors. Kongsberg Gruppen ASA's current Cyclically Adjusted Book per Share is $1.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kongsberg Gruppen ASA stock overvalued right now?
Based on GuruFocus' analysis, Kongsberg Gruppen ASA (NSKFF) is currently considered Significantly Overvalued. The stock's GF Value™ is $19.50, compared to a current price of $29.72 — trading 52.4% above its estimated fair value. The current Cyclically Adjusted Book per Share is $1.76. Kongsberg Gruppen ASA's overall GF Score™ is 74/100 with 3 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 Kongsberg Gruppen ASA (NSKFF), the current Cyclically Adjusted Book per Share is $1.76 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 Kongsberg Gruppen ASA (NSKFF) Overvalued in 2026?

Based on GuruFocus' analysis, Kongsberg Gruppen ASA stock appears to be overvalued. The current stock price of $29.72 is trading 52.4% above its estimated GF Value™ of $19.50. GuruFocus considers Kongsberg Gruppen ASA to be Significantly Overvalued.

Key valuation signals for NSKFF:

  • Cyclically Adjusted Book per Share: $1.76
  • GF Value™: $19.50 vs. price of $29.72 (52.4% above fair value)
  • GF Score™: 74/100 with 3 warning signs

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


Kongsberg Gruppen ASA Business Description

Address Kirkegardsveien 45, Kongsberg, NOR, N-3616
Kongsberg Gruppen is an international technology company focused on defense, aerospace, and advanced sensing and surveillance solutions following the spinoff of its maritime business. The group's activities are centered on Kongsberg Defence & Aerospace and Kongsberg Discovery, providing defense systems, missiles, air defense, and subsea and monitoring technologies.
74GF Score

Get the complete analysis for NSKFF

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

$29.72
Price
$19.50
GF Value