Rogaland Sparebank (OSL:ROGS) Cyclically Adjusted Book per Share: kr178.35 (As of Mar. 2026)


OSL:ROGS Rogaland Sparebank OSL:ROGS
59 GF Score
Price kr146.00
GF Value kr125.68
Valuation Modestly Overvalued
! 9 Warning Signs
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What is Rogaland Sparebank Cyclically Adjusted Book per Share?

Rogaland Sparebank OSL:ROGS 59 Cyclically Adjusted Book per Share is kr178.35 as of Mar. 2026. GuruFocus rates OSL:ROGS with a GF Score™ of 59/100 and a GF Value™ of kr125.68 (Modestly Overvalued). The stock has 9 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.

Rogaland Sparebank's adjusted book value per share for the three months ended in Mar. 2026 was kr184.968. 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 kr178.35 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Rogaland Sparebank's average Cyclically Adjusted Book Growth Rate was -1.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -0.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 1.70% 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 Rogaland Sparebank was 4.20% per year. The lowest was -0.50% per year. And the median was 1.00% per year.

As of today (2026-07-07), Rogaland Sparebank's current stock price is kr146.00. Rogaland Sparebank's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was kr178.35. Rogaland Sparebank's Cyclically Adjusted PB Ratio of today is 0.82.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Rogaland Sparebank was 0.87. The lowest was 0.45. And the median was 0.56.


Rogaland Sparebank  (OSL:ROGS) 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.

Rogaland Sparebank's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=146.00/178.35
=0.82

* 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 Rogaland Sparebank was 0.87. The lowest was 0.45. And the median was 0.56.


Be Aware

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


Rogaland Sparebank Cyclically Adjusted Book per Share Related Terms


Rogaland Sparebank Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Rogaland Sparebank'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.

Rogaland Sparebank Cyclically Adjusted Book per Share Chart

Rogaland Sparebank 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 173.13 179.93 181.81 178.52 177.41

Rogaland Sparebank 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 178.23 178.67 177.89 177.41 178.35

Rogaland Sparebank Cyclically Adjusted Book per Share Competitor Comparison

For the Banks - Regional subindustry, Rogaland Sparebank'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.


Rogaland Sparebank Cyclically Adjusted PB Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Rogaland Sparebank's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


OSL:ROGS
59GF Score
Rogaland Sparebank OSL:ROGS
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Rogaland Sparebank 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, Rogaland Sparebank'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)
=184.968/141.0300*141.0300
=184.968

Current CPI (Mar. 2026) = 141.0300.

Rogaland Sparebank Quarterly Data

Book Value per Share CPI Adj_Book
201606 301.436 103.800 409.552
201609 110.168 104.200 149.107
201612 112.300 104.400 151.702
201703 114.098 105.000 153.250
201706 115.579 105.800 154.065
201709 117.520 105.900 156.505
201712 117.692 106.100 156.438
201803 116.172 107.300 152.691
201806 120.099 108.500 156.107
201809 126.323 109.500 162.697
201812 128.606 109.800 165.185
201903 124.319 110.400 158.811
201906 126.801 110.600 161.688
201909 128.919 111.100 163.649
201912 131.269 111.300 166.333
202003 130.789 111.200 165.874
202006 135.890 112.100 170.960
202009 138.630 112.900 173.171
202012 140.940 112.900 176.056
202103 144.203 114.600 177.460
202106 147.774 115.300 180.751
202109 150.335 117.500 180.440
202112 146.771 118.900 174.088
202203 148.840 119.800 175.216
202206 153.617 122.600 176.710
202209 155.816 125.600 174.958
202212 161.973 125.900 181.438
202303 156.015 127.600 172.436
202306 164.042 130.400 177.414
202309 164.811 129.800 179.070
202312 172.373 131.900 184.305
202403 176.444 132.600 187.661
202406 159.520 133.800 168.140
202409 182.146 133.700 192.132
202412 186.307 134.800 194.917
202503 177.582 136.100 184.015
202506 185.572 137.800 189.922
202509 190.136 138.500 193.609
202512 197.905 139.100 200.651
202603 184.968 141.030 184.968

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 kr178.35 mean?
Rogaland Sparebank (OSL:ROGS) has a Cyclically Adjusted Book per Share of kr178.35 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 Rogaland Sparebank and its competitors.
Is Rogaland Sparebank's Cyclically Adjusted Book per Share too high?
Rogaland Sparebank's current Cyclically Adjusted Book per Share is kr178.35. Overall, Rogaland Sparebank has a GF Score™ of 59/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Rogaland Sparebank's Cyclically Adjusted Book per Share compare to competitors?
Rogaland Sparebank's Cyclically Adjusted Book per Share of kr178.35 can be compared against companies in the Banks 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 Banks company?
A good Cyclically Adjusted Book per Share depends on the Banks 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 Rogaland Sparebank and its competitors. Rogaland Sparebank's current Cyclically Adjusted Book per Share is kr178.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rogaland Sparebank stock overvalued right now?
Based on GuruFocus' analysis, Rogaland Sparebank (OSL:ROGS) is currently considered Modestly Overvalued. The stock's GF Value™ is kr125.68, compared to a current price of kr146.00 — trading 16.2% above its estimated fair value. The current Cyclically Adjusted Book per Share is kr178.35. Rogaland Sparebank's overall GF Score™ is 59/100 with 9 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 Rogaland Sparebank (OSL:ROGS), the current Cyclically Adjusted Book per Share is kr178.35 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 Rogaland Sparebank (OSL:ROGS) Overvalued in 2026?

Based on GuruFocus' analysis, Rogaland Sparebank stock appears to be overvalued. The current stock price of kr146.00 is trading 16.2% above its estimated GF Value™ of kr125.68. GuruFocus considers Rogaland Sparebank to be Modestly Overvalued.

Key valuation signals for OSL:ROGS:

  • Cyclically Adjusted Book per Share: kr178.35
  • GF Value™: kr125.68 vs. price of kr146.00 (16.2% above fair value)
  • GF Score™: 59/100 with 9 warning signs

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


Rogaland Sparebank Business Description

Other Exchanges 0FWN:UKP7A:Germany
Address Postboks 1133, Sandnes, NOR, 4391
Rogaland Sparebank is an independent savings bank. The company offers a broad range of banking and investment products to retail and corporate customers. The services provided by the company include daily banking, Insurance, loans, Savings, pensions, and others.
59GF Score

Get the complete analysis for OSL:ROGS

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

kr146.00
Price
kr125.68
GF Value