Skue Sparebank (OSL:SKUE) Cyclically Adjusted Book per Share: kr884.93 (As of Mar. 2026)

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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:SKUE Skue Sparebank OSL:SKUE
47 GF Score
Price kr330.00
GF Value kr208.28
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Skue Sparebank Cyclically Adjusted Book per Share?

Skue Sparebank OSL:SKUE -1.35% 47 Cyclically Adjusted Book per Share is kr884.93 as of Mar. 2026. GuruFocus rates OSL:SKUE with a GF Score™ of 47/100 and a GF Value™ of kr208.28 (Significantly Overvalued). 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.

Skue Sparebank's adjusted book value per share for the three months ended in Mar. 2026 was kr683.940. 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 kr884.93 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Skue Sparebank's average Cyclically Adjusted Book Growth Rate was 7.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 12.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 15.80% 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 Skue Sparebank was 19.90% per year. The lowest was 12.30% per year. And the median was 15.80% per year.

As of today (2026-07-28), Skue Sparebank's current stock price is kr330.00. Skue Sparebank's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was kr884.93. Skue Sparebank's Cyclically Adjusted PB Ratio of today is 0.37.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Skue Sparebank was 0.52. The lowest was 0.31. And the median was 0.39.


Skue Sparebank  (OSL:SKUE) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=330.00/884.93
=0.37

* 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 Skue Sparebank was 0.52. The lowest was 0.31. And the median was 0.39.


Be Aware

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


Skue Sparebank Cyclically Adjusted Book per Share Related Terms


Skue Sparebank Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Skue 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.

Skue Sparebank Cyclically Adjusted Book per Share Chart

Skue 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 512.47 614.83 723.11 795.68 870.07

Skue 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 825.21 857.25 863.21 870.07 884.93

Skue Sparebank Cyclically Adjusted Book per Share Competitor Comparison

For the Banks - Regional subindustry, Skue 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.


Skue Sparebank Cyclically Adjusted PB Ratio vs Banks Industry

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

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


OSL:SKUE
47GF Score
Skue Sparebank OSL:SKUE
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Skue 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, Skue 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)
=683.94/141.0300*141.0300
=683.940

Current CPI (Mar. 2026) = 141.0300.

Skue Sparebank Quarterly Data

Book Value per Share CPI Adj_Book
201606 432.098 103.800 587.079
201609 458.762 104.200 620.914
201612 476.470 104.400 643.645
201703 470.702 105.000 632.220
201706 487.222 105.800 649.460
201709 497.117 105.900 662.025
201712 503.183 106.100 668.840
201803 504.960 107.300 663.695
201806 523.435 108.500 680.369
201809 531.621 109.500 684.699
201812 551.423 109.800 708.262
201903 552.170 110.400 705.367
201906 562.250 110.600 716.945
201909 575.341 111.100 730.336
201912 592.147 111.300 750.319
202003 596.603 111.200 756.645
202006 596.396 112.100 750.310
202009 757.664 112.900 946.442
202012 781.640 112.900 976.392
202103 789.618 114.600 971.726
202106 826.147 115.300 1,010.507
202109 839.794 117.500 1,007.967
202112 857.830 118.900 1,017.492
202203 903.778 119.800 1,063.938
202206 915.669 122.600 1,053.318
202209 940.873 125.600 1,056.460
202212 978.533 125.900 1,096.128
202303 984.343 127.600 1,087.946
202306 1,012.567 130.400 1,095.110
202309 1,035.132 129.800 1,124.689
202312 1,080.960 131.900 1,155.783
202403 1,088.662 132.600 1,157.873
202406 332.503 133.800 350.470
202409 1,344.573 133.700 1,418.288
202412 1,356.389 134.800 1,419.077
202503 1,356.958 136.100 1,406.112
202506 1,372.268 137.800 1,404.434
202509 567.774 138.500 578.146
202512 694.331 139.100 703.965
202603 683.940 141.030 683.940

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 kr884.93 mean?
Skue Sparebank (OSL:SKUE) has a Cyclically Adjusted Book per Share of kr884.93 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 Skue Sparebank and its competitors.
Is Skue Sparebank's Cyclically Adjusted Book per Share too high?
Skue Sparebank's current Cyclically Adjusted Book per Share is kr884.93. Overall, Skue Sparebank has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Skue Sparebank's Cyclically Adjusted Book per Share compare to competitors?
Skue Sparebank's Cyclically Adjusted Book per Share of kr884.93 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 Skue Sparebank and its competitors. Skue Sparebank's current Cyclically Adjusted Book per Share is kr884.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Skue Sparebank stock overvalued right now?
Based on GuruFocus' analysis, Skue Sparebank (OSL:SKUE) is currently considered Significantly Overvalued. The stock's GF Value™ is kr208.28, compared to a current price of kr330.00 — trading 58.4% above its estimated fair value. The current Cyclically Adjusted Book per Share is kr884.93. Skue Sparebank's overall GF Score™ is 47/100 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 Skue Sparebank (OSL:SKUE), the current Cyclically Adjusted Book per Share is kr884.93 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 Skue Sparebank (OSL:SKUE) Overvalued in 2026?

Based on GuruFocus' analysis, Skue Sparebank stock appears to be overvalued. The current stock price of kr330.00 is trading 58.4% above its estimated GF Value™ of kr208.28. GuruFocus considers Skue Sparebank to be Significantly Overvalued.

Key valuation signals for OSL:SKUE:

  • Cyclically Adjusted Book per Share: kr884.93
  • GF Value™: kr208.28 vs. price of kr330.00 (58.4% above fair value)
  • GF Score™: 47/100 with 8 warning signs

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


Skue Sparebank Business Description

Other Exchanges 0FE2:UK
Address Jordeshagen 5, Nesbyen, NOR, 3540
Skue Sparebank is a savings bank offering a range of financial services including loans, savings, advice, insurance and pensions to personal and corporate customers. The Bank also offers credit cards, debit cards, structured products, stock savings, mobile banking and online banking services.
47GF Score

Get the complete analysis for OSL:SKUE

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

kr330.00
Price
kr208.28
GF Value