Goodtech ASA (OSL:GOD) Cyclically Adjusted Book per Share: kr13.16 (As of Mar. 2026)


OSL:GOD Goodtech ASA OSL:GOD
75 GF Score
Price kr13.30
GF Value kr9.48
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Goodtech ASA Cyclically Adjusted Book per Share?

Goodtech ASA OSL:GOD 75 Cyclically Adjusted Book per Share is kr13.16 as of Mar. 2026. GuruFocus rates OSL:GOD with a GF Score™ of 75/100 and a GF Value™ of kr9.48 (Significantly Overvalued). 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.

Goodtech ASA's adjusted book value per share for the three months ended in Mar. 2026 was kr9.841. 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 kr13.16 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Goodtech ASA's average Cyclically Adjusted Book Growth Rate was -8.30% 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 -6.50% 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 Goodtech ASA was -4.30% per year. The lowest was -8.30% per year. And the median was -4.75% per year.

As of today (2026-07-06), Goodtech ASA's current stock price is kr13.30. Goodtech ASA's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was kr13.16. Goodtech ASA's Cyclically Adjusted PB Ratio of today is 1.01.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Goodtech ASA was 1.05. The lowest was 0.18. And the median was 0.53.


Goodtech ASA  (OSL:GOD) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=13.30/13.16
=1.01

* 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 Goodtech ASA was 1.05. The lowest was 0.18. And the median was 0.53.


Be Aware

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


Goodtech ASA Cyclically Adjusted Book per Share Related Terms


Goodtech ASA Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Goodtech 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.

Goodtech ASA Cyclically Adjusted Book per Share Chart

Goodtech 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 17.93 17.24 16.06 14.53 13.29

Goodtech 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 14.17 13.82 13.51 13.29 13.16

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

For the Engineering & Construction subindustry, Goodtech 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.


Goodtech ASA Cyclically Adjusted PB Ratio vs Construction Industry

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

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


OSL:GOD
75GF Score
Goodtech ASA OSL:GOD
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Goodtech 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, Goodtech 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)
=9.841/141.0300*141.0300
=9.841

Current CPI (Mar. 2026) = 141.0300.

Goodtech ASA Quarterly Data

Book Value per Share CPI Adj_Book
201606 15.990 103.800 21.725
201609 15.813 104.200 21.402
201612 13.684 104.400 18.485
201703 13.714 105.000 18.420
201706 13.741 105.800 18.317
201709 13.632 105.900 18.154
201712 13.136 106.100 17.461
201803 13.101 107.300 17.219
201806 12.734 108.500 16.552
201809 12.855 109.500 16.557
201812 10.308 109.800 13.240
201903 10.492 110.400 13.403
201906 10.595 110.600 13.510
201909 10.501 111.100 13.330
201912 10.113 111.300 12.814
202003 10.152 111.200 12.875
202006 10.225 112.100 12.864
202009 10.230 112.900 12.779
202012 10.174 112.900 12.709
202103 10.122 114.600 12.456
202106 10.071 115.300 12.318
202109 9.965 117.500 11.961
202112 9.583 118.900 11.367
202203 9.655 119.800 11.366
202206 9.750 122.600 11.216
202209 9.674 125.600 10.862
202212 9.648 125.900 10.807
202303 9.942 127.600 10.988
202306 9.910 130.400 10.718
202309 10.042 129.800 10.911
202312 10.049 131.900 10.745
202403 10.315 132.600 10.971
202406 10.272 133.800 10.827
202409 10.150 133.700 10.706
202412 9.175 134.800 9.599
202503 8.866 136.100 9.187
202506 8.792 137.800 8.998
202509 9.048 138.500 9.213
202512 9.503 139.100 9.635
202603 9.841 141.030 9.841

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 kr13.16 mean?
Goodtech ASA (OSL:GOD) has a Cyclically Adjusted Book per Share of kr13.16 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 Goodtech ASA and its competitors.
Is Goodtech ASA's Cyclically Adjusted Book per Share too high?
Goodtech ASA's current Cyclically Adjusted Book per Share is kr13.16. Overall, Goodtech ASA has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Goodtech ASA's Cyclically Adjusted Book per Share compare to PWR and FIX?
Goodtech ASA's Cyclically Adjusted Book per Share of kr13.16 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 Goodtech ASA and its competitors. Goodtech ASA's current Cyclically Adjusted Book per Share is kr13.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Goodtech ASA stock overvalued right now?
Based on GuruFocus' analysis, Goodtech ASA (OSL:GOD) is currently considered Significantly Overvalued. The stock's GF Value™ is kr9.48, compared to a current price of kr13.30 — trading 40.3% above its estimated fair value. The current Cyclically Adjusted Book per Share is kr13.16. Goodtech ASA's overall GF Score™ is 75/100 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 Goodtech ASA (OSL:GOD), the current Cyclically Adjusted Book per Share is kr13.16 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 Goodtech ASA (OSL:GOD) Overvalued in 2026?

Based on GuruFocus' analysis, Goodtech ASA stock appears to be overvalued. The current stock price of kr13.30 is trading 40.3% above its estimated GF Value™ of kr9.48. GuruFocus considers Goodtech ASA to be Significantly Overvalued.

Key valuation signals for OSL:GOD:

  • Cyclically Adjusted Book per Share: kr13.16
  • GF Value™: kr9.48 vs. price of kr13.30 (40.3% above fair value)
  • GF Score™: 75/100 with 5 warning signs

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


Goodtech ASA Business Description

Other Exchanges 0ELH:UK6FO:Germany
Address Innspurten 15, Oslo, NOR, 0663
Goodtech ASA is a specialist in control systems, digitalization, and production optimization for the manufacturing industry. The company plays an active role in modernizing, streamlining, and driving the critical digital transformation in Nordic industry. It also provides technical solutions in the field of Food & Beverage, Manufacturing, Renewables, Process Industry, New Industries, Energy & Utilities, Metals & Minerals, Mobility, Pharma, and Marine & Aquaculture. It also supplies automation products and streamlining solutions globally.
75GF Score

Get the complete analysis for OSL:GOD

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

kr13.30
Price
kr9.48
GF Value