AGES Industri AB (OSTO:AGES B) Cyclically Adjusted Book per Share: kr66.72 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

OSTO:AGES B AGES Industri AB OSTO:AGES B
58 GF Score
Price kr50.50
GF Value kr51.52
Valuation Fairly Valued
! 3 Warning Signs
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What is AGES Industri AB Cyclically Adjusted Book per Share?

AGES Industri AB OSTO:AGES B 58 Cyclically Adjusted Book per Share is kr66.72 as of Mar. 2026. GuruFocus rates OSTO:AGES B with a GF Score™ of 58/100 and a GF Value™ of kr51.52 (Fairly Valued). The stock has 3 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.

AGES Industri AB's adjusted book value per share for the three months ended in Mar. 2026 was kr43.959. 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 kr66.72 for the trailing ten years ended in Mar. 2026.

During the past 12 months, AGES Industri AB's average Cyclically Adjusted Book Growth Rate was -4.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -0.50% 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 AGES Industri AB was -0.50% per year. The lowest was -0.50% per year. And the median was -0.50% per year.

As of today (2026-07-19), AGES Industri AB's current stock price is kr50.50. AGES Industri AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was kr66.72. AGES Industri AB's Cyclically Adjusted PB Ratio of today is 0.76.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of AGES Industri AB was 1.53. The lowest was 0.53. And the median was 0.87.


AGES Industri AB  (OSTO:AGES B) 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.

AGES Industri AB's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=50.50/66.72
=0.76

* 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 AGES Industri AB was 1.53. The lowest was 0.53. And the median was 0.87.


Be Aware

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


AGES Industri AB Cyclically Adjusted Book per Share Related Terms


AGES Industri AB Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for AGES Industri AB'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.

AGES Industri AB Cyclically Adjusted Book per Share Chart

AGES Industri AB 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 0.00 68.51 70.98 70.82 67.54

AGES Industri AB 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 69.88 69.50 68.49 67.54 66.72

OSTO:AGES B vs CRS, ATI, MLI: Cyclically Adjusted Book per Share Comparison

For the Metal Fabrication subindustry, AGES Industri AB'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.


AGES Industri AB Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, AGES Industri AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where AGES Industri AB's Cyclically Adjusted PB Ratio falls into.


OSTO:AGES B
58GF Score
AGES Industri AB OSTO:AGES B
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AGES Industri AB 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, AGES Industri AB'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)
=43.959/133.5600*133.5600
=43.959

Current CPI (Mar. 2026) = 133.5600.

AGES Industri AB Quarterly Data

Book Value per Share CPI Adj_Book
201606 58.182 101.019 76.924
201609 59.508 101.138 78.585
201612 61.330 102.022 80.289
201703 63.632 102.022 83.303
201706 63.451 102.752 82.475
201709 62.456 103.279 80.768
201712 63.442 103.793 81.637
201803 66.297 103.962 85.172
201806 66.155 104.875 84.250
201809 66.012 105.679 83.428
201812 67.276 105.912 84.838
201903 69.284 105.886 87.392
201906 68.431 106.742 85.624
201909 69.284 107.214 86.310
201912 47.664 107.766 59.073
202003 49.082 106.563 61.517
202006 47.944 107.498 59.568
202009 48.229 107.635 59.845
202012 47.606 108.296 58.712
202103 49.509 108.360 61.023
202106 50.790 108.928 62.275
202109 51.928 110.338 62.857
202112 51.955 112.486 61.689
202203 53.066 114.825 61.724
202206 56.053 118.384 63.239
202209 55.342 122.296 60.439
202212 57.076 126.365 60.326
202303 59.326 127.042 62.370
202306 60.891 129.407 62.845
202309 63.736 130.224 65.369
202312 65.083 131.912 65.896
202403 67.425 132.205 68.116
202406 65.939 132.716 66.358
202409 66.906 132.304 67.541
202412 42.502 132.987 42.685
202503 42.577 132.825 42.813
202506 42.577 133.699 42.533
202509 42.300 133.480 42.325
202512 42.724 133.390 42.778
202603 43.959 133.560 43.959

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 kr66.72 mean?
AGES Industri AB (OSTO:AGES B) has a Cyclically Adjusted Book per Share of kr66.72 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 AGES Industri AB and its competitors.
Is AGES Industri AB's Cyclically Adjusted Book per Share too high?
AGES Industri AB's current Cyclically Adjusted Book per Share is kr66.72. Overall, AGES Industri AB has a GF Score™ of 58/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does AGES Industri AB's Cyclically Adjusted Book per Share compare to CRS and ATI?
AGES Industri AB's Cyclically Adjusted Book per Share of kr66.72 can be compared against companies in the Industrial Products 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 Industrial Products company?
A good Cyclically Adjusted Book per Share depends on the Industrial Products 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 AGES Industri AB and its competitors. AGES Industri AB's current Cyclically Adjusted Book per Share is kr66.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AGES Industri AB stock overvalued right now?
Based on GuruFocus' analysis, AGES Industri AB (OSTO:AGES B) is currently considered Fairly Valued. The stock's GF Value™ is kr51.52, compared to a current price of kr50.50 — trading 2% below its estimated fair value. The current Cyclically Adjusted Book per Share is kr66.72. AGES Industri AB's overall GF Score™ is 58/100 with 3 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 AGES Industri AB (OSTO:AGES B), the current Cyclically Adjusted Book per Share is kr66.72 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 AGES Industri AB (OSTO:AGES B) Overvalued in 2026?

Based on GuruFocus' analysis, AGES Industri AB stock appears to be undervalued. The current stock price of kr50.50 is trading 2% below its estimated GF Value™ of kr51.52. GuruFocus considers AGES Industri AB to be Fairly Valued.

Key valuation signals for OSTO:AGES B:

  • Cyclically Adjusted Book per Share: kr66.72
  • GF Value™: kr51.52 vs. price of kr50.50 (2% below fair value)
  • GF Score™: 58/100 with 3 warning signs

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


AGES Industri AB Business Description

Address Kristian IV\'s, Vag 3, Plan 13, Halmstad, SWE, 302 50
AGES Industri AB is involved in die casting in aluminum, metal cutting processes, and product assembly in Sweden. The services offered by the company include Casting, Machining, Assembly and Welding.
58GF Score

Get the complete analysis for OSTO:AGES B

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

kr50.50
Price
kr51.52
GF Value