Image Systems AB (OSTO:IS) Cyclically Adjusted Book per Share: kr1.53 (As of Jun. 2026)

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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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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:IS Image Systems AB OSTO:IS
57 GF Score
Price kr0.64
GF Value kr1.24
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Image Systems AB Cyclically Adjusted Book per Share?

Image Systems AB OSTO:IS -5.88% 57 Cyclically Adjusted Book per Share is kr1.53 as of Jun. 2026. GuruFocus rates OSTO:IS with a GF Score™ of 57/100 and a GF Value™ of kr1.24 (Possible Value Trap). The stock has 4 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.

Image Systems AB's adjusted book value per share for the three months ended in Jun. 2026 was kr0.922. 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 kr1.53 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Image Systems AB's average Cyclically Adjusted Book Growth Rate was -4.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -16.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -30.20% 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 Image Systems AB was -16.60% per year. The lowest was -41.90% per year. And the median was -32.85% per year.

As of today (2026-08-23), Image Systems AB's current stock price is kr0.64. Image Systems AB's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was kr1.53. Image Systems AB's Cyclically Adjusted PB Ratio of today is 0.42.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Image Systems AB was 1.65. The lowest was 0.09. And the median was 0.50.


Image Systems AB  (OSTO:IS) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.64/1.53
=0.42

* 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 Image Systems AB was 1.65. The lowest was 0.09. And the median was 0.50.


Be Aware

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


Image Systems AB Cyclically Adjusted Book per Share Related Terms


Image Systems AB Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Image Systems 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.

Image Systems AB Cyclically Adjusted Book per Share Chart

Image Systems 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 4.74 2.69 1.83 1.61 1.56

Image Systems 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 1.60 1.58 1.56 1.54 1.53

OSTO:IS vs AAPL: Cyclically Adjusted Book per Share Comparison

For the Consumer Electronics subindustry, Image Systems 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.


Image Systems AB Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


OSTO:IS
57GF Score
Image Systems AB OSTO:IS
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Image Systems 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, Image Systems 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)
=0.922/134.6100*134.6100
=0.922

Current CPI (Jun. 2026) = 134.6100.

Image Systems AB Quarterly Data

Book Value per Share CPI Adj_Book
201609 1.310 101.138 1.744
201612 1.405 102.022 1.854
201703 1.369 102.022 1.806
201706 1.301 102.752 1.704
201709 1.312 103.279 1.710
201712 1.676 103.793 2.174
201803 1.608 103.962 2.082
201806 1.592 104.875 2.043
201809 1.580 105.679 2.013
201812 1.465 105.912 1.862
201903 1.430 105.886 1.818
201906 1.406 106.742 1.773
201909 1.425 107.214 1.789
201912 1.395 107.766 1.742
202003 1.361 106.563 1.719
202006 1.343 107.498 1.682
202009 1.340 107.635 1.676
202012 1.200 108.296 1.492
202103 1.154 108.360 1.434
202106 1.140 108.928 1.409
202109 1.174 110.338 1.432
202112 1.203 112.486 1.440
202203 1.168 114.825 1.369
202206 1.164 118.384 1.324
202209 1.249 122.296 1.375
202212 1.296 126.365 1.381
202303 1.233 127.042 1.306
202306 1.233 129.407 1.283
202309 1.237 130.224 1.279
202312 1.224 131.912 1.249
202403 1.222 132.205 1.244
202406 1.219 132.716 1.236
202409 1.352 132.304 1.376
202412 1.314 132.987 1.330
202503 1.285 132.825 1.302
202506 1.249 133.699 1.258
202509 1.255 133.480 1.266
202512 1.157 133.390 1.168
202603 1.016 133.560 1.024
202606 0.922 134.610 0.922

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 kr1.53 mean?
Image Systems AB (OSTO:IS) has a Cyclically Adjusted Book per Share of kr1.53 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 Image Systems AB and its competitors.
Is Image Systems AB's Cyclically Adjusted Book per Share too high?
Image Systems AB's current Cyclically Adjusted Book per Share is kr1.53. Overall, Image Systems AB has a GF Score™ of 57/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Image Systems AB's Cyclically Adjusted Book per Share compare to AAPL?
Image Systems AB's Cyclically Adjusted Book per Share of kr1.53 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 Image Systems AB and its competitors. Image Systems AB's current Cyclically Adjusted Book per Share is kr1.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Image Systems AB stock overvalued right now?
Based on GuruFocus' analysis, Image Systems AB (OSTO:IS) is currently considered Possible Value Trap. The stock's GF Value™ is kr1.24, compared to a current price of kr0.64 — trading 48.4% below its estimated fair value. The current Cyclically Adjusted Book per Share is kr1.53. Image Systems AB's overall GF Score™ is 57/100 with 4 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 Image Systems AB (OSTO:IS), the current Cyclically Adjusted Book per Share is kr1.53 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 Image Systems AB (OSTO:IS) Overvalued in 2026?

Based on GuruFocus' analysis, Image Systems AB stock appears to be undervalued. The current stock price of kr0.64 is trading 48.4% below its estimated GF Value™ of kr1.24. GuruFocus considers Image Systems AB to be Possible Value Trap.

Key valuation signals for OSTO:IS:

  • Cyclically Adjusted Book per Share: kr1.53
  • GF Value™: kr1.24 vs. price of kr0.64 (48.4% below fair value)
  • GF Score™: 57/100 with 4 warning signs

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


Image Systems AB Business Description

Other Exchanges 0QXW:UK
Address Snickaregatan 40, Linkoping, SWE, 582 26
Image Systems AB provides products to clients in film/video, multimedia and digital television. The company is a high-technology company that develops and sells software and systems for non-contact measurement technology and advanced image processing. . The Group has two business units: RemaSawco and Motion Analysis. The RemaSawco business unit offers measurement technology systems that improve the efficiency and profitability of sawmills. The Motion Analysis business unit offers software tools for motion analysis of high-speed film for a wide range of applications.
57GF Score

Get the complete analysis for OSTO:IS

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

kr0.64
Price
kr1.24
GF Value