Navigo Invest AB (OSTO:NAVIGO PREF) Cyclically Adjusted Book per Share: kr14.80 (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.
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:NAVIGO PREF Navigo Invest AB OSTO:NAVIGO PREF
54 GF Score
Price kr152.50
GF Value kr140.01
Valuation Fairly Valued
! 8 Warning Signs
View Full Analysis

What is Navigo Invest AB Cyclically Adjusted Book per Share?

Navigo Invest AB OSTO:NAVIGO PREF -2.24% 54 Cyclically Adjusted Book per Share is kr14.80 as of Jun. 2026. GuruFocus rates OSTO:NAVIGO PREF with a GF Score™ of 54/100 and a GF Value™ of kr140.01 (Fairly Valued). The stock has 8 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.

Navigo Invest AB's adjusted book value per share for the three months ended in Jun. 2026 was kr14.154. 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 kr14.80 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Navigo Invest AB's average Cyclically Adjusted Book Growth Rate was -2.30% 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.

As of today (2026-08-20), Navigo Invest AB's current stock price is kr152.50. Navigo Invest AB's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was kr14.80. Navigo Invest AB's Cyclically Adjusted PB Ratio of today is 10.30.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of Navigo Invest AB was 10.44. The lowest was 5.95. And the median was 7.19.


Navigo Invest AB  (OSTO:NAVIGO PREF) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=152.50/14.80
=10.30

* 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 12 years, the highest Cyclically Adjusted PB Ratio of Navigo Invest AB was 10.44. The lowest was 5.95. And the median was 7.19.


Be Aware

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


Navigo Invest AB Cyclically Adjusted Book per Share Related Terms


Navigo Invest AB Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Navigo Invest 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.

Navigo Invest AB Cyclically Adjusted Book per Share Chart

Navigo Invest 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 0.00 0.00 0.00 15.18 14.96

Navigo Invest 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 15.15 15.04 14.96 14.79 14.80

OSTO:NAVIGO PREF vs BLK, BX, KKR: Cyclically Adjusted Book per Share Comparison

For the Asset Management subindustry, Navigo Invest 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.


Navigo Invest AB Cyclically Adjusted PB Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Navigo Invest AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


OSTO:NAVIGO PREF
54GF Score
Navigo Invest AB OSTO:NAVIGO PREF
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Navigo Invest 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, Navigo Invest 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)
=14.154/134.6100*134.6100
=14.154

Current CPI (Jun. 2026) = 134.6100.

Navigo Invest AB Quarterly Data

Book Value per Share CPI Adj_Book
201609 13.835 101.138 18.414
201612 15.101 102.022 19.925
201703 13.301 102.022 17.550
201706 15.726 102.752 20.602
201709 12.748 103.279 16.615
201712 13.619 103.793 17.663
201803 13.589 103.962 17.595
201806 9.084 104.875 11.660
201809 14.610 105.679 18.610
201812 13.241 105.912 16.829
201903 12.132 105.886 15.423
201906 5.758 106.742 7.261
201909 5.170 107.214 6.491
201912 5.070 107.766 6.333
202003 3.840 106.563 4.851
202006 4.571 107.498 5.724
202009 7.014 107.635 8.772
202012 7.854 108.296 9.762
202103 9.426 108.360 11.709
202106 9.269 108.928 11.454
202109 12.300 110.338 15.006
202112 16.552 112.486 19.808
202203 16.032 114.825 18.794
202206 15.485 118.384 17.607
202209 17.092 122.296 18.813
202212 16.562 126.365 17.643
202303 16.773 127.042 17.772
202306 17.318 129.407 18.014
202309 17.496 130.224 18.085
202312 16.894 131.912 17.240
202403 16.905 132.205 17.212
202406 16.907 132.716 17.148
202409 16.751 132.304 17.043
202412 13.851 132.987 14.020
202503 13.859 132.825 14.045
202506 13.742 133.699 13.836
202509 13.786 133.480 13.903
202512 13.987 133.390 14.115
202603 14.220 133.560 14.332
202606 14.154 134.610 14.154

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 kr14.80 mean?
Navigo Invest AB (OSTO:NAVIGO PREF) has a Cyclically Adjusted Book per Share of kr14.80 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 Navigo Invest AB and its competitors.
Is Navigo Invest AB's Cyclically Adjusted Book per Share too high?
Navigo Invest AB's current Cyclically Adjusted Book per Share is kr14.80. Overall, Navigo Invest AB has a GF Score™ of 54/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Navigo Invest AB's Cyclically Adjusted Book per Share compare to BLK and BX?
Navigo Invest AB's Cyclically Adjusted Book per Share of kr14.80 can be compared against companies in the Asset Management 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 an Asset Management company?
A good Cyclically Adjusted Book per Share depends on the Asset Management 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 Navigo Invest AB and its competitors. Navigo Invest AB's current Cyclically Adjusted Book per Share is kr14.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Navigo Invest AB stock overvalued right now?
Based on GuruFocus' analysis, Navigo Invest AB (OSTO:NAVIGO PREF) is currently considered Fairly Valued. The stock's GF Value™ is kr140.01, compared to a current price of kr152.50 — trading 8.9% above its estimated fair value. The current Cyclically Adjusted Book per Share is kr14.80. Navigo Invest AB's overall GF Score™ is 54/100 with 8 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 Navigo Invest AB (OSTO:NAVIGO PREF), the current Cyclically Adjusted Book per Share is kr14.80 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 Navigo Invest AB (OSTO:NAVIGO PREF) Overvalued in 2026?

Based on GuruFocus' analysis, Navigo Invest AB stock appears to be overvalued. The current stock price of kr152.50 is trading 8.9% above its estimated GF Value™ of kr140.01. GuruFocus considers Navigo Invest AB to be Fairly Valued.

Key valuation signals for OSTO:NAVIGO PREF:

  • Cyclically Adjusted Book per Share: kr14.80
  • GF Value™: kr140.01 vs. price of kr152.50 (8.9% above fair value)
  • GF Score™: 54/100 with 8 warning signs

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


Navigo Invest AB Business Description

Other Exchanges NAVIGO STAM:Sweden
Address Sodra Hamngatan 19-21, Gothenburg, SWE, 411 14
Navigo Invest AB is an investment company that invests in smaller and medium sized unlisted companies in Sweden. The company also offers professional services, Pegroco Advisory, which includes services within capital procurement, company transactions and business development.
54GF Score

Get the complete analysis for OSTO:NAVIGO PREF

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

kr152.50
Price
kr140.01
GF Value