Atea ASA (OSL:ATEA) Cyclically Adjusted Book per Share: kr38.54 (As of Mar. 2026)


OSL:ATEA Atea ASA OSL:ATEA
80 GF Score
Price kr173.20
GF Value kr156.95
Valuation Fairly Valued
! 5 Warning Signs
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What is Atea ASA Cyclically Adjusted Book per Share?

Atea ASA OSL:ATEA -0.80% 80 Cyclically Adjusted Book per Share is kr38.54 as of Mar. 2026. GuruFocus rates OSL:ATEA with a GF Score™ of 80/100 and a GF Value™ of kr156.95 (Fairly Valued). The stock has 5 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.

Atea ASA's adjusted book value per share for the three months ended in Mar. 2026 was kr41.164. 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 kr38.54 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Atea ASA's average Cyclically Adjusted Book Growth Rate was 1.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 1.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 1.40% 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 Atea ASA was 1.60% per year. The lowest was 0.10% per year. And the median was 1.35% per year.

As of today (2026-07-03), Atea ASA's current stock price is kr173.20. Atea ASA's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was kr38.54. Atea ASA's Cyclically Adjusted PB Ratio of today is 4.49.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Atea ASA was 4.76. The lowest was 2.02. And the median was 3.48.


Atea ASA  (OSL:ATEA) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=173.20/38.54
=4.49

* 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 Atea ASA was 4.76. The lowest was 2.02. And the median was 3.48.


Be Aware

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


Atea ASA Cyclically Adjusted Book per Share Related Terms


Atea ASA Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Atea 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.

Atea ASA Cyclically Adjusted Book per Share Chart

Atea 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 36.50 37.09 37.77 37.90 38.64

Atea 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 38.11 38.52 38.60 38.64 38.54

OSL:ATEA vs IBM, ACN, FISV: Cyclically Adjusted Book per Share Comparison

For the Information Technology Services subindustry, Atea 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.


Atea ASA Cyclically Adjusted PB Ratio vs Software Industry

For the Software industry and Technology sector, Atea ASA's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


OSL:ATEA
80GF Score
Atea ASA OSL:ATEA
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Atea 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, Atea 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)
=41.164/141.0300*141.0300
=41.164

Current CPI (Mar. 2026) = 141.0300.

Atea ASA Quarterly Data

Book Value per Share CPI Adj_Book
201606 30.277 103.800 41.136
201609 26.920 104.200 36.435
201612 30.257 104.400 40.873
201703 31.262 105.000 41.989
201706 30.004 105.800 39.995
201709 27.464 105.900 36.575
201712 31.355 106.100 41.678
201803 31.215 107.300 41.028
201806 28.362 108.500 36.865
201809 26.108 109.500 33.626
201812 29.784 109.800 38.255
201903 29.338 110.400 37.478
201906 27.108 110.600 34.566
201909 25.710 111.100 32.636
201912 28.031 111.300 35.519
202003 32.690 111.200 41.459
202006 33.081 112.100 41.618
202009 35.063 112.900 43.799
202012 30.928 112.900 38.634
202103 31.450 114.600 38.703
202106 30.388 115.300 37.169
202109 32.055 117.500 38.474
202112 31.447 118.900 37.300
202203 31.332 119.800 36.884
202206 32.281 122.600 37.134
202209 34.776 125.600 39.048
202212 33.708 125.900 37.759
202303 38.056 127.600 42.061
202306 37.335 130.400 40.378
202309 37.938 129.800 41.220
202312 37.777 131.900 40.392
202403 40.465 132.600 43.038
202406 37.462 133.800 39.486
202409 37.158 133.700 39.195
202412 39.550 134.800 41.378
202503 40.003 136.100 41.452
202506 35.900 137.800 36.741
202509 37.284 138.500 37.965
202512 40.752 139.100 41.317
202603 41.164 141.030 41.164

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 kr38.54 mean?
Atea ASA (OSL:ATEA) has a Cyclically Adjusted Book per Share of kr38.54 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 Atea ASA and its competitors.
Is Atea ASA's Cyclically Adjusted Book per Share too high?
Atea ASA's current Cyclically Adjusted Book per Share is kr38.54. Overall, Atea ASA has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Atea ASA's Cyclically Adjusted Book per Share compare to IBM and ACN?
Atea ASA's Cyclically Adjusted Book per Share of kr38.54 can be compared against companies in the Software 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 Software company?
A good Cyclically Adjusted Book per Share depends on the Software 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 Atea ASA and its competitors. Atea ASA's current Cyclically Adjusted Book per Share is kr38.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Atea ASA stock overvalued right now?
Based on GuruFocus' analysis, Atea ASA (OSL:ATEA) is currently considered Fairly Valued. The stock's GF Value™ is kr156.95, compared to a current price of kr173.20 — trading 10.4% above its estimated fair value. The current Cyclically Adjusted Book per Share is kr38.54. Atea ASA's overall GF Score™ is 80/100 with 5 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 Atea ASA (OSL:ATEA), the current Cyclically Adjusted Book per Share is kr38.54 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 Atea ASA (OSL:ATEA) Overvalued in 2026?

Based on GuruFocus' analysis, Atea ASA stock appears to be overvalued. The current stock price of kr173.20 is trading 10.4% above its estimated GF Value™ of kr156.95. GuruFocus considers Atea ASA to be Fairly Valued.

Key valuation signals for OSL:ATEA:

  • Cyclically Adjusted Book per Share: kr38.54
  • GF Value™: kr156.95 vs. price of kr173.20 (10.4% above fair value)
  • GF Score™: 80/100 with 5 warning signs

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


Atea ASA Business Description

Address Karvesvingen 5, P.O. Box 6472, Etterstad, Oslo, NOR, NO-0605
Atea ASA is a Norway-based company that provides IT infrastructure and system integration services to customers. The company's product and services portfolio includes the sale of products such as third-party hardware and software, mobile device management and security software, and maintenance and operation of IT infrastructure services for companies, among others. The company operations are divided into six business segments based on geographical areas and services: Norway, Sweden, Denmark, Finland, The Baltics, and Shared Services. The firm generates the majority of its revenue in Sweden.
80GF Score

Get the complete analysis for OSL:ATEA

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

kr173.20
Price
kr156.95
GF Value