SpareBank 1 Nordmore (OSL:SNOR) Cyclically Adjusted Book per Share: kr (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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OSL:SNOR SpareBank 1 Nordmore OSL:SNOR
58 GF Score
Price kr182.50
GF Value kr147.63
Valuation Modestly Overvalued
! 7 Warning Signs
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What is SpareBank 1 Nordmore Cyclically Adjusted Book per Share?

SpareBank 1 Nordmore OSL:SNOR -1.05% 58 Cyclically Adjusted Book per Share is kr as of Jun. 2026. GuruFocus rates OSL:SNOR with a GF Score™ of 58/100 and a GF Value™ of kr147.63 (Modestly Overvalued). The stock has 7 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.

SpareBank 1 Nordmore's adjusted book value per share for the three months ended in Jun. 2026 was kr476.945. 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 kr for the trailing ten years ended in Jun. 2026.

During the past 12 months, SpareBank 1 Nordmore's average Cyclically Adjusted Book Growth Rate was -8.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -5.10% 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 SpareBank 1 Nordmore was -2.50% per year. The lowest was -5.10% per year. And the median was -3.80% per year.

As of today (2026-09-22), SpareBank 1 Nordmore's current stock price is kr182.50. SpareBank 1 Nordmore's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was kr. SpareBank 1 Nordmore's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of SpareBank 1 Nordmore was 0.23. The lowest was 0.11. And the median was 0.12.


SpareBank 1 Nordmore  (OSL:SNOR) 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of SpareBank 1 Nordmore was 0.23. The lowest was 0.11. And the median was 0.12.


Be Aware

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


SpareBank 1 Nordmore Cyclically Adjusted Book per Share Related Terms


SpareBank 1 Nordmore Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for SpareBank 1 Nordmore'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.

SpareBank 1 Nordmore Cyclically Adjusted Book per Share Chart

SpareBank 1 Nordmore Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
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SpareBank 1 Nordmore Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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SpareBank 1 Nordmore Cyclically Adjusted Book per Share Competitor Comparison

For the Banks - Regional subindustry, SpareBank 1 Nordmore'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.


SpareBank 1 Nordmore Cyclically Adjusted PB Ratio vs Banks Industry

For the Banks industry and Financial Services sector, SpareBank 1 Nordmore's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where SpareBank 1 Nordmore's Cyclically Adjusted PB Ratio falls into.


OSL:SNOR
58GF Score
SpareBank 1 Nordmore OSL:SNOR
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SpareBank 1 Nordmore 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, SpareBank 1 Nordmore'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)
=476.945/141.6200*141.6200
=476.945

Current CPI (Jun. 2026) = 141.6200.

SpareBank 1 Nordmore Quarterly Data

Book Value per Share CPI Adj_Book
201609 1,189.365 104.200 1,616.486
201612 1,224.195 104.400 1,660.637
201703 1,242.349 105.000 1,675.633
201706 1,280.887 105.800 1,714.548
201709 748.893 105.900 1,001.494
201712 772.517 106.100 1,031.139
201803 788.088 107.300 1,040.159
201806 807.844 108.500 1,054.441
201809 816.011 109.500 1,055.374
201812 824.528 109.800 1,063.476
201903 853.957 110.400 1,095.447
201906 871.047 110.600 1,115.350
201909 882.465 111.100 1,124.885
201912 892.243 111.300 1,135.305
202003 903.030 111.200 1,150.064
202006 916.403 112.100 1,157.725
202009 938.528 112.900 1,177.275
202012 945.723 112.900 1,186.300
202103 957.955 114.600 1,183.818
202106 334.259 115.300 410.562
202109 337.238 117.500 406.465
202112 340.549 118.900 405.623
202203 349.267 119.800 412.881
202206 351.584 122.600 406.128
202209 356.440 125.600 401.903
202212 364.054 125.900 409.510
202303 367.917 127.600 408.342
202306 366.703 130.400 398.255
202309 374.979 129.800 409.126
202312 383.697 131.900 411.972
202403 392.636 132.600 419.345
202406 394.401 133.800 417.452
202409 410.844 133.700 435.181
202412 420.224 134.800 441.485
202503 429.493 136.100 446.913
202506 438.432 137.800 450.586
202509 451.564 138.500 461.736
202512 461.496 139.140 469.722
202603 469.993 141.060 471.859
202606 476.945 141.620 476.945

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 kr mean?
SpareBank 1 Nordmore (OSL:SNOR) has a Cyclically Adjusted Book per Share of kr 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 SpareBank 1 Nordmore and its competitors.
Is SpareBank 1 Nordmore's Cyclically Adjusted Book per Share too high?
SpareBank 1 Nordmore's current Cyclically Adjusted Book per Share is kr. Overall, SpareBank 1 Nordmore has a GF Score™ of 58/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SpareBank 1 Nordmore's Cyclically Adjusted Book per Share compare to competitors?
SpareBank 1 Nordmore's Cyclically Adjusted Book per Share of kr 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 SpareBank 1 Nordmore and its competitors. SpareBank 1 Nordmore's current Cyclically Adjusted Book per Share is kr. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SpareBank 1 Nordmore stock overvalued right now?
Based on GuruFocus' analysis, SpareBank 1 Nordmore (OSL:SNOR) is currently considered Modestly Overvalued. The stock's GF Value™ is kr147.63, compared to a current price of kr182.50 — trading 23.6% above its estimated fair value. The current Cyclically Adjusted Book per Share is kr. SpareBank 1 Nordmore's overall GF Score™ is 58/100 with 7 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 SpareBank 1 Nordmore (OSL:SNOR), the current Cyclically Adjusted Book per Share is kr 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 SpareBank 1 Nordmore (OSL:SNOR) Overvalued in 2026?

Based on GuruFocus' analysis, SpareBank 1 Nordmore stock appears to be overvalued. The current stock price of kr182.50 is trading 23.6% above its estimated GF Value™ of kr147.63. GuruFocus considers SpareBank 1 Nordmore to be Modestly Overvalued.

Key valuation signals for OSL:SNOR:

  • Cyclically Adjusted Book per Share: kr
  • GF Value™: kr147.63 vs. price of kr182.50 (23.6% above fair value)
  • GF Score™: 58/100 with 7 warning signs

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


SpareBank 1 Nordmore Business Description

Other Exchanges MZ3:Germany
Address Hammersborggata 11, Oslo, NOR, 0179
SpareBank 1 Nordmore, formerly Sparebank 1 Nordvest is an independent and local bank in More og Romsdal. The company offers banking products and services including Private online banking Online banking business, Insurance, and Pension. It has one segment, which is lending to finance commercial property, including lending that represents the joint debt in a condominium or housing association.
58GF Score

Get the complete analysis for OSL:SNOR

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

kr182.50
Price
kr147.63
GF Value