Betsson AB (OSTO:BETS B) Cyclically Adjusted Book per Share: kr52.23 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
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:BETS B Betsson AB OSTO:BETS B
91 GF Score
Price kr92.25
GF Value kr146.50
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Betsson AB Cyclically Adjusted Book per Share?

Betsson AB OSTO:BETS B +2.50% 91 Cyclically Adjusted Book per Share is kr52.23 as of Jun. 2026. GuruFocus rates OSTO:BETS B with a GF Score™ of 91/100 and a GF Value™ of kr146.50 (Significantly Undervalued). 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.

Betsson AB's adjusted book value per share for the three months ended in Jun. 2026 was kr68.447. 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 kr52.23 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Betsson AB's average Cyclically Adjusted Book Growth Rate was 8.70% 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 15.50% 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 Betsson AB was 18.40% per year. The lowest was 12.30% per year. And the median was 16.60% per year.

As of today (2026-07-25), Betsson AB's current stock price is kr92.25. Betsson AB's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was kr52.23. Betsson AB's Cyclically Adjusted PB Ratio of today is 1.77.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Betsson AB was 6.66. The lowest was 1.55. And the median was 2.96.


Betsson AB  (OSTO:BETS 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=92.25/52.23
=1.77

* 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 Betsson AB was 6.66. The lowest was 1.55. And the median was 2.96.


Be Aware

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


Betsson AB Cyclically Adjusted Book per Share Related Terms


Betsson AB Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Betsson 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.

Betsson AB Cyclically Adjusted Book per Share Chart

Betsson 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 28.89 35.34 41.26 45.77 50.01

Betsson AB 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 48.07 49.02 50.01 51.03 52.23

OSTO:BETS B vs FLUT, DKNG, SGHC: Cyclically Adjusted Book per Share Comparison

For the Gambling subindustry, Betsson 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.


Betsson AB Cyclically Adjusted PB Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Betsson AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


OSTO:BETS B
91GF Score
Betsson AB OSTO:BETS B
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Betsson 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, Betsson AB'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)
=68.447/134.1100*134.1100
=68.447

Current CPI (Jun. 2026) = 134.1100.

Betsson AB Quarterly Data

Book Value per Share CPI Adj_Book
201609 24.026 101.138 31.859
201612 25.661 102.022 33.732
201703 27.031 102.022 35.533
201706 24.020 102.752 31.350
201709 24.522 103.279 31.842
201712 26.790 103.793 34.615
201803 29.413 103.962 37.943
201806 29.083 104.875 37.190
201809 31.276 105.679 39.690
201812 33.127 105.912 41.947
201903 35.688 105.886 45.201
201906 33.300 106.742 41.838
201909 34.884 107.214 43.635
201912 35.408 107.766 44.064
202003 38.950 106.563 49.019
202006 38.128 107.498 47.567
202009 36.767 107.635 45.811
202012 37.173 108.296 46.034
202103 39.441 108.360 48.814
202106 38.129 108.928 46.944
202109 40.742 110.338 49.520
202112 42.930 112.486 51.183
202203 45.826 114.825 53.522
202206 47.075 118.384 53.329
202209 51.286 122.296 56.240
202212 52.511 126.365 55.729
202303 56.401 127.042 59.539
202306 60.227 129.407 62.416
202309 66.370 130.224 68.351
202312 62.739 131.912 63.784
202403 67.272 132.205 68.241
202406 66.940 132.716 67.643
202409 66.786 132.304 67.698
202412 72.511 132.987 73.123
202503 72.758 132.825 73.462
202506 67.883 133.699 68.092
202509 70.681 133.480 71.015
202512 71.594 133.390 71.980
202603 71.034 133.560 71.327
202606 68.447 134.110 68.447

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 kr52.23 mean?
Betsson AB (OSTO:BETS B) has a Cyclically Adjusted Book per Share of kr52.23 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 Betsson AB and its competitors.
Is Betsson AB's Cyclically Adjusted Book per Share too high?
Betsson AB's current Cyclically Adjusted Book per Share is kr52.23. Overall, Betsson AB has a GF Score™ of 91/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Betsson AB's Cyclically Adjusted Book per Share compare to FLUT and DKNG?
Betsson AB's Cyclically Adjusted Book per Share of kr52.23 can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Cyclically Adjusted Book per Share depends on the Travel & Leisure 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 Betsson AB and its competitors. Betsson AB's current Cyclically Adjusted Book per Share is kr52.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Betsson AB stock overvalued right now?
Based on GuruFocus' analysis, Betsson AB (OSTO:BETS B) is currently considered Significantly Undervalued. The stock's GF Value™ is kr146.50, compared to a current price of kr92.25 — trading 37% below its estimated fair value. The current Cyclically Adjusted Book per Share is kr52.23. Betsson AB's overall GF Score™ is 91/100 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 Betsson AB (OSTO:BETS B), the current Cyclically Adjusted Book per Share is kr52.23 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 Betsson AB (OSTO:BETS B) Overvalued in 2026?

Based on GuruFocus' analysis, Betsson AB stock appears to be undervalued. The current stock price of kr92.25 is trading 37% below its estimated GF Value™ of kr146.50. GuruFocus considers Betsson AB to be Significantly Undervalued.

Key valuation signals for OSTO:BETS B:

  • Cyclically Adjusted Book per Share: kr52.23
  • GF Value™: kr146.50 vs. price of kr92.25 (37% below fair value)
  • GF Score™: 91/100 with 3 warning signs

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


Betsson AB Business Description

Address Regeringsgatan 28, Stockholm, SWE, 111 53
Betsson AB is a holding company that invests in and manages companies operating in the online gaming industry. The products consist of casino, which generates maximum revenue, sportsbook, and other products. The main category of the casino is slots, or virtual slot machines, followed by the live casino, which provides the player with a virtual, real-life-like casino experience with table games broadcast live from the game provider's studio. Company's brands include either the entire product portfolio, such as Betsson, Betsafe, and Nordicbet, or just one product, such as Racebets (betting on horses) and Jalla Casino (casino). The brands' services are offered through the proprietary platform that manages payments, customer information, accounts, transactions and a range of games on offer.
91GF Score

Get the complete analysis for OSTO:BETS B

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

kr92.25
Price
kr146.50
GF Value