Mangold AB (OSTO:MANG) Cyclically Adjusted Book per Share: kr373.64 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
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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:MANG Mangold AB OSTO:MANG
56 GF Score
Price kr1,680.00
GF Value kr2,119.05
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Mangold AB Cyclically Adjusted Book per Share?

Mangold AB OSTO:MANG +0.60% 56 Cyclically Adjusted Book per Share is kr373.64 as of Jun. 2026. GuruFocus rates OSTO:MANG with a GF Score™ of 56/100 and a GF Value™ of kr2,119.05 (Modestly 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.

Mangold AB's adjusted book value per share for the three months ended in Jun. 2026 was kr504.802. 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 kr373.64 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Mangold AB's average Cyclically Adjusted Book Growth Rate was 9.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 11.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 16.90% 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 Mangold AB was 21.40% per year. The lowest was 11.70% per year. And the median was 18.20% per year.

As of today (2026-07-20), Mangold AB's current stock price is kr1680.00. Mangold AB's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was kr373.64. Mangold AB's Cyclically Adjusted PB Ratio of today is 4.50.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Mangold AB was 34.42. The lowest was 4.47. And the median was 9.35.


Mangold AB  (OSTO:MANG) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1680.00/373.64
=4.50

* 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 Mangold AB was 34.42. The lowest was 4.47. And the median was 9.35.


Be Aware

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


Mangold AB Cyclically Adjusted Book per Share Related Terms


Mangold AB Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Mangold 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.

Mangold AB Cyclically Adjusted Book per Share Chart

Mangold 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 197.79 255.59 296.96 326.79 356.03

Mangold 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 341.18 348.40 356.03 364.21 373.64

OSTO:MANG vs MS, GS, SCHW: Cyclically Adjusted Book per Share Comparison

For the Capital Markets subindustry, Mangold 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.


Mangold AB Cyclically Adjusted PB Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Mangold AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


OSTO:MANG
56GF Score
Mangold AB OSTO:MANG
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mangold 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, Mangold 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)
=504.802/134.1100*134.1100
=504.802

Current CPI (Jun. 2026) = 134.1100.

Mangold AB Quarterly Data

Book Value per Share CPI Adj_Book
201609 152.222 101.138 201.849
201612 153.042 102.022 201.178
201703 160.000 102.022 210.324
201706 170.444 102.752 222.460
201709 170.667 103.279 221.615
201712 176.831 103.793 228.482
201803 178.000 103.962 229.619
201806 195.333 104.875 249.785
201809 190.508 105.679 241.761
201812 197.764 105.912 250.417
201903 206.127 105.886 261.070
201906 207.221 106.742 260.352
201909 215.755 107.214 269.880
201912 223.087 107.766 277.622
202003 223.747 106.563 281.587
202006 237.255 107.498 295.990
202009 259.259 107.635 323.029
202012 273.353 108.296 338.512
202103 307.190 108.360 380.190
202106 340.087 108.928 418.710
202109 471.895 110.338 573.562
202112 502.719 112.486 599.361
202203 470.370 114.825 549.368
202206 394.771 118.384 447.213
202209 464.744 122.296 509.638
202212 465.194 126.365 493.705
202303 447.650 127.042 472.556
202306 442.949 129.407 459.049
202309 413.220 130.224 425.552
202312 448.991 131.912 456.473
202403 439.872 132.205 446.209
202406 419.321 132.716 423.725
202409 419.108 132.304 424.828
202412 428.397 132.987 432.014
202503 425.053 132.825 429.167
202506 440.340 133.699 441.694
202509 493.631 133.480 495.961
202512 497.484 133.390 500.169
202603 494.055 133.560 496.090
202606 504.802 134.110 504.802

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 kr373.64 mean?
Mangold AB (OSTO:MANG) has a Cyclically Adjusted Book per Share of kr373.64 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 Mangold AB and its competitors.
Is Mangold AB's Cyclically Adjusted Book per Share too high?
Mangold AB's current Cyclically Adjusted Book per Share is kr373.64. Overall, Mangold AB has a GF Score™ of 56/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mangold AB's Cyclically Adjusted Book per Share compare to MS and GS?
Mangold AB's Cyclically Adjusted Book per Share of kr373.64 can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Cyclically Adjusted Book per Share depends on the Capital Markets 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 Mangold AB and its competitors. Mangold AB's current Cyclically Adjusted Book per Share is kr373.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mangold AB stock overvalued right now?
Based on GuruFocus' analysis, Mangold AB (OSTO:MANG) is currently considered Modestly Undervalued. The stock's GF Value™ is kr2,119.05, compared to a current price of kr1,680.00 — trading 20.7% below its estimated fair value. The current Cyclically Adjusted Book per Share is kr373.64. Mangold AB's overall GF Score™ is 56/100 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 Mangold AB (OSTO:MANG), the current Cyclically Adjusted Book per Share is kr373.64 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 Mangold AB (OSTO:MANG) Overvalued in 2026?

Based on GuruFocus' analysis, Mangold AB stock appears to be undervalued. The current stock price of kr1,680.00 is trading 20.7% below its estimated GF Value™ of kr2,119.05. GuruFocus considers Mangold AB to be Modestly Undervalued.

Key valuation signals for OSTO:MANG:

  • Cyclically Adjusted Book per Share: kr373.64
  • GF Value™: kr2,119.05 vs. price of kr1,680.00 (20.7% below fair value)
  • GF Score™: 56/100 with 3 warning signs

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


Mangold AB Business Description

Address Engelbrektsplan 2, Stockholm, SWE, 114 34
Mangold AB is an independent broker who offers financial services to companies, institutions and individuals. The company's operations include securities trading, corporate finance, emission services, asset management and market making. It also provides advice on placement decisions, pension issues, risk assessments, security solutions and other financial considerations.
56GF Score

Get the complete analysis for OSTO:MANG

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

kr1,680.00
Price
kr2,119.05
GF Value