Borgestad ASA (OSL:BOR) Cyclically Adjusted Book per Share: kr500.49 (As of Mar. 2026)


OSL:BOR Borgestad ASA OSL:BOR
63 GF Score
Price kr16.20
GF Value kr16.34
Valuation Fairly Valued
! 5 Warning Signs
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What is Borgestad ASA Cyclically Adjusted Book per Share?

Borgestad ASA OSL:BOR -0.31% 63 Cyclically Adjusted Book per Share is kr500.49 as of Mar. 2026. GuruFocus rates OSL:BOR with a GF Score™ of 63/100 and a GF Value™ of kr16.34 (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.

Borgestad ASA's adjusted book value per share for the three months ended in Mar. 2026 was kr18.340. 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 kr500.49 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Borgestad ASA's average Cyclically Adjusted Book Growth Rate was -20.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -15.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -13.10% 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 Borgestad ASA was -8.40% per year. The lowest was -15.70% per year. And the median was -10.00% per year.

As of today (2026-06-30), Borgestad ASA's current stock price is kr16.20. Borgestad ASA's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was kr500.49. Borgestad ASA's Cyclically Adjusted PB Ratio of today is 0.03.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Borgestad ASA was 0.36. The lowest was 0.01. And the median was 0.03.


Borgestad ASA  (OSL:BOR) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=16.20/500.49
=0.03

* 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 Borgestad ASA was 0.36. The lowest was 0.01. And the median was 0.03.


Be Aware

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


Borgestad ASA Cyclically Adjusted Book per Share Related Terms


Borgestad ASA Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Borgestad 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.

Borgestad ASA Cyclically Adjusted Book per Share Chart

Borgestad 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 998.01 894.31 789.93 660.05 535.25

Borgestad 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 631.91 604.88 570.39 535.25 500.49

OSL:BOR vs CRH, VMC, MLM: Cyclically Adjusted Book per Share Comparison

For the Building Materials subindustry, Borgestad 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.


Borgestad ASA Cyclically Adjusted PB Ratio vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Borgestad ASA's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


OSL:BOR
63GF Score
Borgestad ASA OSL:BOR
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Borgestad 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, Borgestad 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)
=18.34/139.1000*139.1000
=18.340

Current CPI (Mar. 2026) = 139.1000.

Borgestad ASA Quarterly Data

Book Value per Share CPI Adj_Book
201606 997.667 103.800 1,336.951
201609 953.180 104.200 1,272.431
201612 892.026 104.400 1,188.514
201703 974.393 105.000 1,290.839
201706 1,017.559 105.800 1,337.830
201709 976.954 105.900 1,283.232
201712 994.441 106.100 1,303.739
201803 924.746 107.300 1,198.809
201806 901.435 108.500 1,155.665
201809 907.218 109.500 1,152.457
201812 895.713 109.800 1,134.733
201903 593.341 110.400 747.588
201906 586.097 110.600 737.126
201909 609.997 111.100 763.732
201912 379.099 111.300 473.789
202003 430.199 111.200 538.136
202006 429.964 112.100 533.524
202009 450.467 112.900 555.004
202012 271.200 112.900 334.136
202103 270.026 114.600 327.754
202106 250.607 115.300 302.337
202109 245.008 117.500 290.048
202112 238.710 118.900 279.265
202203 41.783 119.800 48.514
202206 36.460 122.600 41.367
202209 38.037 125.600 42.125
202212 32.070 125.900 35.432
202303 34.565 127.600 37.680
202306 35.961 130.400 38.360
202309 31.648 129.800 33.916
202312 19.468 131.900 20.531
202403 19.804 132.600 20.775
202406 19.800 133.800 20.584
202409 20.734 133.700 21.571
202412 20.787 134.800 21.450
202503 20.031 136.100 20.473
202506 19.667 137.800 19.853
202509 20.379 138.500 20.467
202512 20.396 139.100 20.396
202603 18.340 139.100 18.340

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 kr500.49 mean?
Borgestad ASA (OSL:BOR) has a Cyclically Adjusted Book per Share of kr500.49 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 Borgestad ASA and its competitors.
Is Borgestad ASA's Cyclically Adjusted Book per Share too high?
Borgestad ASA's current Cyclically Adjusted Book per Share is kr500.49. Overall, Borgestad ASA has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Borgestad ASA's Cyclically Adjusted Book per Share compare to CRH and VMC?
Borgestad ASA's Cyclically Adjusted Book per Share of kr500.49 can be compared against companies in the Building Materials 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 Building Materials company?
A good Cyclically Adjusted Book per Share depends on the Building Materials 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 Borgestad ASA and its competitors. Borgestad ASA's current Cyclically Adjusted Book per Share is kr500.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Borgestad ASA stock overvalued right now?
Based on GuruFocus' analysis, Borgestad ASA (OSL:BOR) is currently considered Fairly Valued. The stock's GF Value™ is kr16.34, compared to a current price of kr16.20 — trading 0.9% below its estimated fair value. The current Cyclically Adjusted Book per Share is kr500.49. Borgestad ASA's overall GF Score™ is 63/100 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 Borgestad ASA (OSL:BOR), the current Cyclically Adjusted Book per Share is kr500.49 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 Borgestad ASA (OSL:BOR) Overvalued in 2026?

Based on GuruFocus' analysis, Borgestad ASA stock appears to be undervalued. The current stock price of kr16.20 is trading 0.9% below its estimated GF Value™ of kr16.34. GuruFocus considers Borgestad ASA to be Fairly Valued.

Key valuation signals for OSL:BOR:

  • Cyclically Adjusted Book per Share: kr500.49
  • GF Value™: kr16.34 vs. price of kr16.20 (0.9% below fair value)
  • GF Score™: 63/100 with 5 warning signs

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


Borgestad ASA Business Description

Other Exchanges 0DTO:UK
Address Fornebuveien 1, Lysaker, NOR, 1366
Borgestad ASA is an investment company engaged in the real estate and refractory businesses. The Group has three operating segments: Real Estate, Refractory, and Other Activities. The Real Estate segment consists mainly of the Agora Bytom shopping center in Bytom, Poland. The Refractory segment develops, manufactures, and delivers refractory products, installations, and concept solutions to industrial customers through the Hoganas Borgestad Group. Its refractory materials are used to protect industrial production equipment exposed to high temperatures. The Other Activities segment includes operations in Borgestad ASA and its holding companies. Geographically, the company derives key revenue from Sweden, followed by Norway, Finland, and other regions.
63GF Score

Get the complete analysis for OSL:BOR

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

kr16.20
Price
kr16.34
GF Value