Endur ASA (OSL:ENDUR) Cyclically Adjusted Book per Share: kr56.80 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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OSL:ENDUR Endur ASA OSL:ENDUR
83 GF Score
Price kr111.80
GF Value kr133.24
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Endur ASA Cyclically Adjusted Book per Share?

Endur ASA OSL:ENDUR +0.90% 83 Cyclically Adjusted Book per Share is kr56.80 as of Jun. 2026. GuruFocus rates OSL:ENDUR with a GF Score™ of 83/100 and a GF Value™ of kr133.24 (Modestly Undervalued). 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.

Endur ASA's adjusted book value per share for the three months ended in Jun. 2026 was kr47.919. 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 kr56.80 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Endur ASA's average Cyclically Adjusted Book Growth Rate was -8.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -34.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -36.30% 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 Endur ASA was -20.90% per year. The lowest was -41.30% per year. And the median was -34.30% per year.

As of today (2026-08-27), Endur ASA's current stock price is kr111.80. Endur ASA's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was kr56.80. Endur ASA's Cyclically Adjusted PB Ratio of today is 1.97.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Endur ASA was 2.13. The lowest was 0.06. And the median was 0.14.


Endur ASA  (OSL:ENDUR) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=111.80/56.80
=1.97

* 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 Endur ASA was 2.13. The lowest was 0.06. And the median was 0.14.


Be Aware

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


Endur ASA Cyclically Adjusted Book per Share Related Terms


Endur ASA Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Endur 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.

Endur ASA Cyclically Adjusted Book per Share Chart

Endur 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 339.39 203.89 123.67 68.73 57.93

Endur ASA Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 62.15 59.03 57.93 57.62 56.80

OSL:ENDUR vs PWR, FIX, EME: Cyclically Adjusted Book per Share Comparison

For the Engineering & Construction subindustry, Endur 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.


Endur ASA Cyclically Adjusted PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, Endur ASA's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


OSL:ENDUR
83GF Score
Endur ASA OSL:ENDUR
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Endur 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, Endur ASA's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=47.919/141.5800*141.5800
=47.919

Current CPI (Jun. 2026) = 141.5800.

Endur ASA Quarterly Data

Book Value per Share CPI Adj_Book
201606 65.044 103.800 88.718
201609 61.372 104.200 83.388
201612 111.061 104.400 150.613
201703 107.074 105.000 144.377
201706 109.495 105.800 146.525
201709 109.930 105.900 146.968
201712 7.192 106.100 9.597
201803 99.808 107.300 131.694
201806 95.857 108.500 125.082
201809 89.106 109.500 115.211
201812 1.972 109.800 2.543
201903 29.434 110.400 37.747
201906 30.271 110.600 38.750
201909 30.261 111.100 38.563
201912 26.161 111.300 33.278
202003 27.312 111.200 34.774
202006 25.374 112.100 32.047
202012 21.811 112.900 27.352
202103 33.779 114.600 41.732
202106 31.929 115.300 39.206
202109 0.000 117.500 0.000
202112 32.725 118.900 38.967
202203 31.946 119.800 37.754
202206 32.987 122.600 38.094
202209 33.148 125.600 37.365
202212 32.630 125.900 36.694
202303 30.906 127.600 34.292
202306 31.324 130.400 34.010
202309 31.784 129.800 34.669
202312 32.413 131.900 34.792
202403 32.261 132.600 34.446
202406 32.532 133.800 34.424
202409 33.234 133.700 35.193
202412 33.591 134.800 35.281
202503 43.775 136.100 45.538
202506 44.665 137.800 45.890
202509 45.670 138.500 46.686
202512 46.553 139.100 47.383
202603 47.388 141.030 47.573
202606 47.919 141.580 47.919

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 kr56.80 mean?
Endur ASA (OSL:ENDUR) has a Cyclically Adjusted Book per Share of kr56.80 as of Jun. 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 Endur ASA and its competitors.
Is Endur ASA's Cyclically Adjusted Book per Share too high?
Endur ASA's current Cyclically Adjusted Book per Share is kr56.80. Overall, Endur ASA has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Endur ASA's Cyclically Adjusted Book per Share compare to PWR and FIX?
Endur ASA's Cyclically Adjusted Book per Share of kr56.80 can be compared against companies in the Construction 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 Construction company?
A good Cyclically Adjusted Book per Share depends on the Construction 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 Endur ASA and its competitors. Endur ASA's current Cyclically Adjusted Book per Share is kr56.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Endur ASA stock overvalued right now?
Based on GuruFocus' analysis, Endur ASA (OSL:ENDUR) is currently considered Modestly Undervalued. The stock's GF Value™ is kr133.24, compared to a current price of kr111.80 — trading 16.1% below its estimated fair value. The current Cyclically Adjusted Book per Share is kr56.80. Endur ASA's overall GF Score™ is 83/100 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 Endur ASA (OSL:ENDUR), the current Cyclically Adjusted Book per Share is kr56.80 as of Jun. 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 Endur ASA (OSL:ENDUR) Overvalued in 2026?

Based on GuruFocus' analysis, Endur ASA stock appears to be undervalued. The current stock price of kr111.80 is trading 16.1% below its estimated GF Value™ of kr133.24. GuruFocus considers Endur ASA to be Modestly Undervalued.

Key valuation signals for OSL:ENDUR:

  • Cyclically Adjusted Book per Share: kr56.80
  • GF Value™: kr133.24 vs. price of kr111.80 (16.1% below fair value)
  • GF Score™: 83/100 with 3 warning signs

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


Endur ASA Business Description

Other Exchanges 0JGO:UK4ZT0:Germany
Address Strandveien 17, Lysaker, NOR, 1366
Endur ASA is a Nordic industrial group and supplier of infrastructure and solutions for the land-based aquaculture industry. The company specializes in critical infrastructure; including bridges, quays, tunnels, dams, and land-based aquaculture. Its business segments are Aquaculture Solutions, Infrastructure and Other. The majority of the company's revenue is derived from the infrastructure segment, which includes concrete and steel construction, railway, harbour/quay construction and maintenance and underwater services. The Aquaculture Solutions segment includes production of land-based fish-farming facilities, concrete feed barges for the aquaculture industry and associated electro and automation services.
83GF Score

Get the complete analysis for OSL:ENDUR

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

kr111.80
Price
kr133.24
GF Value