Scatec ASA (OSL:SCATC) Cyclically Adjusted Book per Share: kr54.39 (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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OSL:SCATC Scatec ASA OSL:SCATC
81 GF Score
Price kr99.35
GF Value kr113.84
Valuation Modestly Undervalued
! 8 Warning Signs
View Full Analysis

What is Scatec ASA Cyclically Adjusted Book per Share?

Scatec ASA OSL:SCATC +1.62% 81 Cyclically Adjusted Book per Share is kr54.39 as of Jun. 2026. GuruFocus rates OSL:SCATC with a GF Score™ of 81/100 and a GF Value™ of kr113.84 (Modestly Undervalued). The stock has 8 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.

Scatec ASA's adjusted book value per share for the three months ended in Jun. 2026 was kr72.913. 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 kr54.39 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Scatec ASA's average Cyclically Adjusted Book Growth Rate was 15.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 19.40% 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 Scatec ASA was 19.40% per year. The lowest was 19.40% per year. And the median was 19.40% per year.

As of today (2026-09-22), Scatec ASA's current stock price is kr99.35. Scatec ASA's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was kr54.39. Scatec ASA's Cyclically Adjusted PB Ratio of today is 1.83.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Scatec ASA was 3.42. The lowest was 1.84. And the median was 2.47.


Scatec ASA  (OSL:SCATC) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=99.35/54.392
=1.83

* 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 Scatec ASA was 3.42. The lowest was 1.84. And the median was 2.47.


Be Aware

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


Scatec ASA Cyclically Adjusted Book per Share Related Terms


Scatec ASA Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Scatec 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.

Scatec ASA Cyclically Adjusted Book per Share Chart

Scatec 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 25.70 32.52 40.14 47.34 54.34

Scatec 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 47.52 49.14 50.73 52.78 54.39

Scatec ASA Cyclically Adjusted Book per Share Competitor Comparison

For the Utilities - Renewable subindustry, Scatec 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.


Scatec ASA Cyclically Adjusted PB Ratio vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Scatec ASA's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


OSL:SCATC
81GF Score
Scatec ASA OSL:SCATC
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Scatec 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, Scatec 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)
=72.913/141.6200*141.6200
=72.913

Current CPI (Jun. 2026) = 141.6200.

Scatec ASA Quarterly Data

Book Value per Share CPI Adj_Book
201609 12.351 104.200 16.786
201612 13.993 104.400 18.982
201703 14.748 105.000 19.892
201706 14.997 105.800 20.074
201709 17.859 105.900 23.883
201712 18.288 106.100 24.410
201803 16.582 107.300 21.886
201806 20.310 108.500 26.510
201809 20.022 109.500 25.895
201812 21.823 109.800 28.147
201903 20.782 110.400 26.659
201906 18.663 110.600 23.897
201909 31.480 111.100 40.128
201912 29.074 111.300 36.994
202003 32.295 111.200 41.130
202006 41.392 112.100 52.292
202009 39.845 112.900 49.981
202012 59.797 112.900 75.008
202103 60.668 114.600 74.972
202106 60.939 115.300 74.850
202109 60.977 117.500 73.494
202112 62.443 118.900 74.375
202203 53.845 119.800 63.652
202206 56.879 122.600 65.703
202209 62.242 125.600 70.181
202212 55.394 125.900 62.311
202303 58.181 127.600 64.574
202306 62.655 130.400 68.046
202309 63.536 129.800 69.322
202312 66.519 131.900 71.421
202403 70.842 132.600 75.661
202406 66.173 133.800 70.041
202409 77.210 133.700 81.784
202412 80.319 134.800 84.383
202503 76.342 136.100 79.438
202506 75.876 137.800 77.979
202509 76.134 138.500 77.849
202512 75.725 139.140 77.075
202603 72.800 141.060 73.089
202606 72.913 141.620 72.913

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 kr54.39 mean?
Scatec ASA (OSL:SCATC) has a Cyclically Adjusted Book per Share of kr54.39 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 Scatec ASA and its competitors.
Is Scatec ASA's Cyclically Adjusted Book per Share too high?
Scatec ASA's current Cyclically Adjusted Book per Share is kr54.39. Overall, Scatec ASA has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Scatec ASA's Cyclically Adjusted Book per Share compare to competitors?
Scatec ASA's Cyclically Adjusted Book per Share of kr54.39 can be compared against companies in the Utilities - Independent Power Producers 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 an Utilities - Independent Power Producers company?
A good Cyclically Adjusted Book per Share depends on the Utilities - Independent Power Producers 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 Scatec ASA and its competitors. Scatec ASA's current Cyclically Adjusted Book per Share is kr54.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Scatec ASA stock overvalued right now?
Based on GuruFocus' analysis, Scatec ASA (OSL:SCATC) is currently considered Modestly Undervalued. The stock's GF Value™ is kr113.84, compared to a current price of kr99.35 — trading 12.7% below its estimated fair value. The current Cyclically Adjusted Book per Share is kr54.39. Scatec ASA's overall GF Score™ is 81/100 with 8 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 Scatec ASA (OSL:SCATC), the current Cyclically Adjusted Book per Share is kr54.39 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 Scatec ASA (OSL:SCATC) Overvalued in 2026?

Based on GuruFocus' analysis, Scatec ASA stock appears to be undervalued. The current stock price of kr99.35 is trading 12.7% below its estimated GF Value™ of kr113.84. GuruFocus considers Scatec ASA to be Modestly Undervalued.

Key valuation signals for OSL:SCATC:

  • Cyclically Adjusted Book per Share: kr54.39
  • GF Value™: kr113.84 vs. price of kr99.35 (12.7% below fair value)
  • GF Score™: 81/100 with 8 warning signs

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


Scatec ASA Business Description

Address Askekroken 11, Oslo, NOR, 0277
Scatec ASA is a Norwegian renewable energy company that develops, builds, owns, and operates solar, wind, hydro, and battery storage projects, primarily in emerging markets. Its operations span project development and construction, power production, and related services, with revenue generated mainly through long-term power purchase agreements and feed-in tariffs. The company also provides operations and maintenance, asset management, and grid solutions. Scatec operates across Africa, the Middle East, Asia, Europe, and Latin America, with significant activities in South Africa, Egypt, and other markets. It serves utilities, governments, and industrial customers, often through public-private partnerships and tenders. Scatec's business model combines equity investment in renewable assets with development and construction fees, generating recurring revenue from electricity sales over the life of its plants.
81GF Score

Get the complete analysis for OSL:SCATC

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

kr99.35
Price
kr113.84
GF Value