Lasernet Group AB (OSTO:LASER) Cyclically Adjusted Book per Share: kr9.45 (As of Mar. 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.
Reviewed by: Charlie Tian Charlie Tian
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:LASER Lasernet Group AB OSTO:LASER
66 GF Score
Price kr29.90
GF Value kr16.26
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is Lasernet Group AB Cyclically Adjusted Book per Share?

Lasernet Group AB OSTO:LASER -0.33% 66 Cyclically Adjusted Book per Share is kr9.45 as of Mar. 2026. GuruFocus rates OSTO:LASER with a GF Score™ of 66/100 and a GF Value™ of kr16.26 (Significantly 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.

Lasernet Group AB's adjusted book value per share for the three months ended in Mar. 2026 was kr16.136. 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 kr9.45 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Lasernet Group AB's average Cyclically Adjusted Book Growth Rate was 5.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.60% 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 Lasernet Group AB was 10.30% per year. The lowest was 4.10% per year. And the median was 8.60% per year.

As of today (2026-07-15), Lasernet Group AB's current stock price is kr29.90. Lasernet Group AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was kr9.45. Lasernet Group AB's Cyclically Adjusted PB Ratio of today is 3.16.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Lasernet Group AB was 6.42. The lowest was 2.10. And the median was 3.17.


Lasernet Group AB  (OSTO:LASER) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=29.90/9.45
=3.16

* 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 Lasernet Group AB was 6.42. The lowest was 2.10. And the median was 3.17.


Be Aware

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


Lasernet Group AB Cyclically Adjusted Book per Share Related Terms


Lasernet Group AB Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Lasernet Group 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.

Lasernet Group AB Cyclically Adjusted Book per Share Chart

Lasernet Group 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 7.01 8.18 8.76 8.98 9.24

Lasernet Group 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 8.99 9.05 9.05 9.24 9.45

OSTO:LASER vs UBER, SHOP, CRM: Cyclically Adjusted Book per Share Comparison

For the Software - Application subindustry, Lasernet Group 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.


Lasernet Group AB Cyclically Adjusted PB Ratio vs Software Industry

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

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


OSTO:LASER
66GF Score
Lasernet Group AB OSTO:LASER
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lasernet Group 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, Lasernet Group 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)
=16.136/133.5600*133.5600
=16.136

Current CPI (Mar. 2026) = 133.5600.

Lasernet Group AB Quarterly Data

Book Value per Share CPI Adj_Book
201606 6.437 101.019 8.511
201609 6.555 101.138 8.656
201612 6.753 102.022 8.841
201703 6.785 102.022 8.882
201706 6.590 102.752 8.566
201709 6.662 103.279 8.615
201712 7.081 103.793 9.112
201803 7.416 103.962 9.527
201806 7.062 104.875 8.994
201809 7.182 105.679 9.077
201812 7.394 105.912 9.324
201903 7.609 105.886 9.598
201906 0.000 106.742 0.000
201909 7.450 107.214 9.281
201912 7.525 107.766 9.326
202003 8.088 106.563 10.137
202006 7.940 107.498 9.865
202009 7.581 107.635 9.407
202012 7.460 108.296 9.200
202103 7.788 108.360 9.599
202106 7.350 108.928 9.012
202109 7.727 110.338 9.353
202112 7.997 112.486 9.495
202203 8.206 114.825 9.545
202206 7.751 118.384 8.745
202209 7.955 122.296 8.688
202212 8.153 126.365 8.617
202303 8.356 127.042 8.785
202306 8.836 129.407 9.120
202309 8.776 130.224 9.001
202312 8.843 131.912 8.953
202403 9.187 132.205 9.281
202406 8.988 132.716 9.045
202409 9.042 132.304 9.128
202412 8.960 132.987 8.999
202503 8.653 132.825 8.701
202506 8.608 133.699 8.599
202509 8.739 133.480 8.744
202512 16.037 133.390 16.057
202603 16.136 133.560 16.136

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 kr9.45 mean?
Lasernet Group AB (OSTO:LASER) has a Cyclically Adjusted Book per Share of kr9.45 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 Lasernet Group AB and its competitors.
Is Lasernet Group AB's Cyclically Adjusted Book per Share too high?
Lasernet Group AB's current Cyclically Adjusted Book per Share is kr9.45. Overall, Lasernet Group AB has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lasernet Group AB's Cyclically Adjusted Book per Share compare to UBER and SHOP?
Lasernet Group AB's Cyclically Adjusted Book per Share of kr9.45 can be compared against companies in the Software 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 Software company?
A good Cyclically Adjusted Book per Share depends on the Software 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 Lasernet Group AB and its competitors. Lasernet Group AB's current Cyclically Adjusted Book per Share is kr9.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lasernet Group AB stock overvalued right now?
Based on GuruFocus' analysis, Lasernet Group AB (OSTO:LASER) is currently considered Significantly Overvalued. The stock's GF Value™ is kr16.26, compared to a current price of kr29.90 — trading 83.9% above its estimated fair value. The current Cyclically Adjusted Book per Share is kr9.45. Lasernet Group AB's overall GF Score™ is 66/100 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 Lasernet Group AB (OSTO:LASER), the current Cyclically Adjusted Book per Share is kr9.45 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 Lasernet Group AB (OSTO:LASER) Overvalued in 2026?

Based on GuruFocus' analysis, Lasernet Group AB stock appears to be overvalued. The current stock price of kr29.90 is trading 83.9% above its estimated GF Value™ of kr16.26. GuruFocus considers Lasernet Group AB to be Significantly Overvalued.

Key valuation signals for OSTO:LASER:

  • Cyclically Adjusted Book per Share: kr9.45
  • GF Value™: kr16.26 vs. price of kr29.90 (83.9% above fair value)
  • GF Score™: 66/100 with 9 warning signs

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


Lasernet Group AB Business Description

Other Exchanges LASERs:UK0M8Y:UKF3J:Germany
Address Sveavagen 168, Stockholm, SWE, 104 35
Lasernet Group AB is a Swedish software company specializing in document management and customer communication solutions. Its Lasernet Platform provides document and digital content management solutions. The platform enables users to generate, design, distribute, archive, and retrieve documents, reports, and digital content.
66GF Score

Get the complete analysis for OSTO:LASER

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

kr29.90
Price
kr16.26
GF Value