Hexagon AB (OSTO:HEXA B) Cyclically Adjusted Book per Share: kr34.78 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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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Charlie Tian
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:HEXA B Hexagon AB OSTO:HEXA B
84 GF Score
Price kr97.62
GF Value kr75.25
Valuation Modestly Overvalued
! 9 Warning Signs
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What is Hexagon AB Cyclically Adjusted Book per Share?

Hexagon AB OSTO:HEXA B +1.10% 84 Cyclically Adjusted Book per Share is kr34.78 as of Jun. 2026. GuruFocus rates OSTO:HEXA B with a GF Score™ of 84/100 and a GF Value™ of kr75.25 (Modestly Overvalued). The stock has 9 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.

Hexagon AB's adjusted book value per share for the three months ended in Jun. 2026 was kr23.092. 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 kr34.78 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Hexagon AB's average Cyclically Adjusted Book Growth Rate was 6.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 11.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 16.30% 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 Hexagon AB was 19.80% per year. The lowest was 11.90% per year. And the median was 15.80% per year.

As of today (2026-08-09), Hexagon AB's current stock price is kr97.62. Hexagon AB's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was kr34.78. Hexagon AB's Cyclically Adjusted PB Ratio of today is 2.81.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Hexagon AB was 7.02. The lowest was 2.08. And the median was 4.09.


Hexagon AB  (OSTO:HEXA 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=97.62/34.78
=2.81

* 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 Hexagon AB was 7.02. The lowest was 2.08. And the median was 4.09.


Be Aware

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


Hexagon AB Cyclically Adjusted Book per Share Related Terms


Hexagon AB Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Hexagon 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.

Hexagon AB Cyclically Adjusted Book per Share Chart

Hexagon 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 18.86 24.06 28.14 31.31 33.69

Hexagon 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 32.68 33.17 33.69 34.44 34.78

OSTO:HEXA B vs COHR, KEYS, GRMN: Cyclically Adjusted Book per Share Comparison

For the Scientific & Technical Instruments subindustry, Hexagon 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.


Hexagon AB Cyclically Adjusted PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Hexagon AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


OSTO:HEXA B
84GF Score
Hexagon AB OSTO:HEXA B
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hexagon 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, Hexagon 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)
=23.092/134.6100*134.6100
=23.092

Current CPI (Jun. 2026) = 134.6100.

Hexagon AB Quarterly Data

Book Value per Share CPI Adj_Book
201609 15.966 101.138 21.250
201612 17.617 102.022 23.244
201703 17.552 102.022 23.159
201706 16.820 102.752 22.035
201709 16.608 103.279 21.646
201712 18.078 103.793 23.446
201803 18.732 103.962 24.254
201806 19.715 104.875 25.305
201809 21.000 105.679 26.749
201812 21.454 105.912 27.267
201903 23.250 105.886 29.557
201906 23.038 106.742 29.053
201909 24.738 107.214 31.059
201912 24.701 107.766 30.854
202003 26.136 106.563 33.015
202006 25.145 107.498 31.487
202009 24.985 107.635 31.247
202012 23.510 108.296 29.223
202103 25.333 108.360 31.470
202106 25.087 108.928 31.002
202109 26.478 110.338 32.303
202112 33.264 112.486 39.806
202203 35.578 114.825 41.708
202206 37.812 118.384 42.995
202209 41.775 122.296 45.981
202212 40.179 126.365 42.801
202303 41.228 127.042 43.684
202306 42.649 129.407 44.364
202309 44.592 130.224 46.094
202312 41.729 131.912 42.583
202403 43.976 132.205 44.776
202406 43.588 132.716 44.210
202409 43.162 132.304 43.914
202412 47.825 132.987 48.409
202503 44.702 132.825 45.303
202506 41.077 133.699 41.357
202509 40.882 133.480 41.228
202512 41.442 133.390 41.821
202603 48.262 133.560 48.641
202606 23.092 134.610 23.092

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 kr34.78 mean?
Hexagon AB (OSTO:HEXA B) has a Cyclically Adjusted Book per Share of kr34.78 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 Hexagon AB and its competitors.
Is Hexagon AB's Cyclically Adjusted Book per Share too high?
Hexagon AB's current Cyclically Adjusted Book per Share is kr34.78. Overall, Hexagon AB has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hexagon AB's Cyclically Adjusted Book per Share compare to COHR and KEYS?
Hexagon AB's Cyclically Adjusted Book per Share of kr34.78 can be compared against companies in the Hardware 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 Hardware company?
A good Cyclically Adjusted Book per Share depends on the Hardware 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 Hexagon AB and its competitors. Hexagon AB's current Cyclically Adjusted Book per Share is kr34.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hexagon AB stock overvalued right now?
Based on GuruFocus' analysis, Hexagon AB (OSTO:HEXA B) is currently considered Modestly Overvalued. The stock's GF Value™ is kr75.25, compared to a current price of kr97.62 — trading 29.7% above its estimated fair value. The current Cyclically Adjusted Book per Share is kr34.78. Hexagon AB's overall GF Score™ is 84/100 with 9 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 Hexagon AB (OSTO:HEXA B), the current Cyclically Adjusted Book per Share is kr34.78 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 Hexagon AB (OSTO:HEXA B) Overvalued in 2026?

Based on GuruFocus' analysis, Hexagon AB stock appears to be overvalued. The current stock price of kr97.62 is trading 29.7% above its estimated GF Value™ of kr75.25. GuruFocus considers Hexagon AB to be Modestly Overvalued.

Key valuation signals for OSTO:HEXA B:

  • Cyclically Adjusted Book per Share: kr34.78
  • GF Value™: kr75.25 vs. price of kr97.62 (29.7% above fair value)
  • GF Score™: 84/100 with 9 warning signs

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


Hexagon AB Business Description

Address Lilla Bantorget 15, Stockholm, SWE, 111 23
Hexagon is the global leader in digital reality solutions, combining hardware such as sensors and measuring devices, software, and services. Customers are mainly in heavy industry, such as oil and gas, mining, construction, manufacturing, chemicals, and agriculture. Major products include measuring technology, mapping tools, and software. Around 40% of revenue is generated in the Americas, 35% in Europe, the Middle East, and Africa, and the rest in Asia.
84GF Score

Get the complete analysis for OSTO:HEXA B

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

kr97.62
Price
kr75.25
GF Value