Kitron ASA (OSTO:KITO) Cyclically Adjusted Book per Share: kr8.11 (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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OSTO:KITO Kitron ASA OSTO:KITO
93 GF Score
Price kr81.80
GF Value kr53.39
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Kitron ASA Cyclically Adjusted Book per Share?

Kitron ASA OSTO:KITO -1.27% 93 Cyclically Adjusted Book per Share is kr8.11 as of Jun. 2026. GuruFocus rates OSTO:KITO with a GF Score™ of 93/100 and a GF Value™ of kr53.39 (Significantly Overvalued). The stock has 1 warning sign 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.

Kitron ASA's adjusted book value per share for the three months ended in Jun. 2026 was kr18.147. 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 kr8.11 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Kitron ASA's average Cyclically Adjusted Book Growth Rate was 20.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 17.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 15.80% 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 Kitron ASA was 17.20% per year. The lowest was 4.10% per year. And the median was 11.10% per year.

As of today (2026-07-18), Kitron ASA's current stock price is kr81.80. Kitron ASA's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was kr8.11. Kitron ASA's Cyclically Adjusted PB Ratio of today is 10.09.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Kitron ASA was 14.45. The lowest was 2.08. And the median was 4.92.


Kitron ASA  (OSTO:KITO) 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.

Kitron ASA's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=81.80/8.11
=10.09

* 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 Kitron ASA was 14.45. The lowest was 2.08. And the median was 4.92.


Be Aware

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


Kitron ASA Cyclically Adjusted Book per Share Related Terms


Kitron ASA Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Kitron ASA'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.

Kitron ASA Cyclically Adjusted Book per Share Chart

Kitron ASA 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 4.02 4.58 5.45 6.30 7.20

Kitron ASA 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 6.57 7.22 7.20 7.93 8.11

OSTO:KITO vs APH, GLW, TEL: Cyclically Adjusted Book per Share Comparison

For the Electronic Components subindustry, Kitron ASA'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.


Kitron ASA Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


OSTO:KITO
93GF Score
Kitron ASA OSTO:KITO
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kitron ASA 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, Kitron ASA'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)
=18.147/141.8500*141.8500
=18.147

Current CPI (Jun. 2026) = 141.8500.

Kitron ASA Quarterly Data

Book Value per Share CPI Adj_Book
201609 3.287 104.200 4.475
201612 3.297 104.400 4.480
201703 3.445 105.000 4.654
201706 3.428 105.800 4.596
201709 3.548 105.900 4.752
201712 3.763 106.100 5.031
201803 3.864 107.300 5.108
201806 3.547 108.500 4.637
201809 3.701 109.500 4.794
201812 3.864 109.800 4.992
201903 4.093 110.400 5.259
201906 3.752 110.600 4.812
201909 3.961 111.100 5.057
201912 4.189 111.300 5.339
202003 4.836 111.200 6.169
202006 5.025 112.100 6.359
202009 5.361 112.900 6.736
202012 4.989 112.900 6.268
202103 5.141 114.600 6.363
202106 4.711 115.300 5.796
202109 4.455 117.500 5.378
202112 6.333 118.900 7.555
202203 6.460 119.800 7.649
202206 6.828 122.600 7.900
202209 7.191 125.600 8.121
202212 7.587 125.900 8.548
202303 8.801 127.600 9.784
202306 9.265 130.400 10.079
202309 9.672 129.800 10.570
202312 10.650 131.900 11.453
202403 11.051 132.600 11.822
202406 10.742 133.800 11.388
202409 11.433 133.700 12.130
202412 11.748 134.800 12.362
202503 12.060 136.100 12.570
202506 12.147 137.800 12.504
202509 12.489 138.500 12.791
202512 17.167 139.100 17.506
202603 17.900 141.030 18.004
202606 18.147 141.850 18.147

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 kr8.11 mean?
Kitron ASA (OSTO:KITO) has a Cyclically Adjusted Book per Share of kr8.11 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 Kitron ASA and its competitors.
Is Kitron ASA's Cyclically Adjusted Book per Share too high?
Kitron ASA's current Cyclically Adjusted Book per Share is kr8.11. Overall, Kitron ASA has a GF Score™ of 93/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kitron ASA's Cyclically Adjusted Book per Share compare to APH and GLW?
Kitron ASA's Cyclically Adjusted Book per Share of kr8.11 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 Kitron ASA and its competitors. Kitron ASA's current Cyclically Adjusted Book per Share is kr8.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kitron ASA stock overvalued right now?
Based on GuruFocus' analysis, Kitron ASA (OSTO:KITO) is currently considered Significantly Overvalued. The stock's GF Value™ is kr53.39, compared to a current price of kr81.80 — trading 53.2% above its estimated fair value. The current Cyclically Adjusted Book per Share is kr8.11. Kitron ASA's overall GF Score™ is 93/100 with 1 warning sign 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 Kitron ASA (OSTO:KITO), the current Cyclically Adjusted Book per Share is kr8.11 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 Kitron ASA (OSTO:KITO) Overvalued in 2026?

Based on GuruFocus' analysis, Kitron ASA stock appears to be overvalued. The current stock price of kr81.80 is trading 53.2% above its estimated GF Value™ of kr53.39. GuruFocus considers Kitron ASA to be Significantly Overvalued.

Key valuation signals for OSTO:KITO:

  • Cyclically Adjusted Book per Share: kr8.11
  • GF Value™: kr53.39 vs. price of kr81.80 (53.2% above fair value)
  • GF Score™: 93/100 with 1 warning sign

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


Kitron ASA Business Description

Address P O Box 97, Billingstad, NOR, 1375
Kitron ASA is an electronics manufacturing service company. It manufactures products that are embedded in the customers' products and box-built electronic products. The company provides a high-level assembly of complex electromechanical products and also provides various other services within development, industrialization, supply chain management, logistics, and aftermarket services. Geographically, the company in Norway, Nordics & U.S (excluding Norway) , CEE, Asia, and Other. It derives maximum revenue from Nordics & U.S (excluding Norway. It serves Defense/Aerospace, Energy/Telecoms, Industry, Medical Devices, and Offshore/Marine markets.
93GF Score

Get the complete analysis for OSTO:KITO

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

kr81.80
Price
kr53.39
GF Value