Nicoccino Holding AB (OSTO:NICO) Cyclically Adjusted Book per Share: kr1.50 (As of Mar. 2026)


OSTO:NICO Nicoccino Holding AB OSTO:NICO
37 GF Score
Price kr1.40
GF Value kr5.20
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is Nicoccino Holding AB Cyclically Adjusted Book per Share?

Nicoccino Holding AB OSTO:NICO +27.27% 37 Cyclically Adjusted Book per Share is kr1.50 as of Mar. 2026. GuruFocus rates OSTO:NICO with a GF Score™ of 37/100 and a GF Value™ of kr5.20 (Possible Value Trap). The stock has 7 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.

Nicoccino Holding AB's adjusted book value per share for the three months ended in Mar. 2026 was kr0.118. 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 kr1.50 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Nicoccino Holding AB's average Cyclically Adjusted Book Growth Rate was -46.60% 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.

As of today (2026-07-05), Nicoccino Holding AB's current stock price is kr1.40. Nicoccino Holding AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was kr1.50. Nicoccino Holding AB's Cyclically Adjusted PB Ratio of today is 0.93.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of Nicoccino Holding AB was 0.94. The lowest was 0.19. And the median was 0.52.


Nicoccino Holding AB  (OSTO:NICO) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.40/1.50
=0.93

* 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 Nicoccino Holding AB was 0.94. The lowest was 0.19. And the median was 0.52.


Be Aware

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


Nicoccino Holding AB Cyclically Adjusted Book per Share Related Terms


Nicoccino Holding AB Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Nicoccino Holding 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.

Nicoccino Holding AB Cyclically Adjusted Book per Share Chart

Nicoccino Holding 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 4.52 3.13 1.80

Nicoccino Holding 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 2.81 2.47 2.12 1.80 1.50

OSTO:NICO vs PM, MO, TPB: Cyclically Adjusted Book per Share Comparison

For the Tobacco subindustry, Nicoccino Holding 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.


Nicoccino Holding AB Cyclically Adjusted PB Ratio vs Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Nicoccino Holding AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


OSTO:NICO
37GF Score
Nicoccino Holding AB OSTO:NICO
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nicoccino Holding 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, Nicoccino Holding 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)
=0.118/133.5600*133.5600
=0.118

Current CPI (Mar. 2026) = 133.5600.

Nicoccino Holding AB Quarterly Data

Book Value per Share CPI Adj_Book
201606 9.020 101.019 11.926
201609 8.712 101.138 11.505
201612 1.596 102.022 2.089
201703 1.450 102.022 1.898
201706 1.367 102.752 1.777
201709 1.299 103.279 1.680
201712 1.176 103.793 1.513
201803 1.102 103.962 1.416
201806 0.997 104.875 1.270
201809 0.955 105.679 1.207
201812 0.901 105.912 1.136
201903 0.812 105.886 1.024
201906 0.729 106.742 0.912
201909 0.659 107.214 0.821
201912 0.587 107.766 0.728
202003 0.472 106.563 0.592
202006 0.408 107.498 0.507
202009 0.322 107.635 0.400
202012 1.108 108.296 1.366
202103 1.039 108.360 1.281
202106 0.969 108.928 1.188
202109 0.906 110.338 1.097
202112 0.839 112.486 0.996
202203 0.730 114.825 0.849
202206 1.067 118.384 1.204
202209 1.014 122.296 1.107
202212 0.935 126.365 0.988
202303 0.845 127.042 0.888
202306 0.811 129.407 0.837
202309 0.872 130.224 0.894
202312 0.802 131.912 0.812
202403 0.735 132.205 0.743
202406 0.643 132.716 0.647
202409 0.579 132.304 0.584
202412 0.525 132.987 0.527
202503 0.462 132.825 0.465
202506 0.335 133.699 0.335
202509 0.282 133.480 0.282
202512 0.192 133.390 0.192
202603 0.118 133.560 0.118

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 kr1.50 mean?
Nicoccino Holding AB (OSTO:NICO) has a Cyclically Adjusted Book per Share of kr1.50 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 Nicoccino Holding AB and its competitors.
Is Nicoccino Holding AB's Cyclically Adjusted Book per Share too high?
Nicoccino Holding AB's current Cyclically Adjusted Book per Share is kr1.50. Overall, Nicoccino Holding AB has a GF Score™ of 37/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Nicoccino Holding AB's Cyclically Adjusted Book per Share compare to PM and MO?
Nicoccino Holding AB's Cyclically Adjusted Book per Share of kr1.50 can be compared against companies in the Tobacco Products 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 Tobacco Products company?
A good Cyclically Adjusted Book per Share depends on the Tobacco Products 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 Nicoccino Holding AB and its competitors. Nicoccino Holding AB's current Cyclically Adjusted Book per Share is kr1.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nicoccino Holding AB stock overvalued right now?
Based on GuruFocus' analysis, Nicoccino Holding AB (OSTO:NICO) is currently considered Possible Value Trap. The stock's GF Value™ is kr5.20, compared to a current price of kr1.40 — trading 73.1% below its estimated fair value. The current Cyclically Adjusted Book per Share is kr1.50. Nicoccino Holding AB's overall GF Score™ is 37/100 with 7 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 Nicoccino Holding AB (OSTO:NICO), the current Cyclically Adjusted Book per Share is kr1.50 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 Nicoccino Holding AB (OSTO:NICO) Overvalued in 2026?

Based on GuruFocus' analysis, Nicoccino Holding AB stock appears to be undervalued. The current stock price of kr1.40 is trading 73.1% below its estimated GF Value™ of kr5.20. GuruFocus considers Nicoccino Holding AB to be Possible Value Trap.

Key valuation signals for OSTO:NICO:

  • Cyclically Adjusted Book per Share: kr1.50
  • GF Value™: kr5.20 vs. price of kr1.40 (73.1% below fair value)
  • GF Score™: 37/100 with 7 warning signs

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


Nicoccino Holding AB Business Description

Address Lahallsvagen 48, Taby, SWE, 183 30
Nicoccino Holding AB is a Sweden based company which has developed and patented a nicotine product free from tobacco. It offers a strip that through its delivery method provides the user with nicotine without the side effects of smoking. The product is designed to offer smokers an alternative to quit smoking.
37GF Score

Get the complete analysis for OSTO:NICO

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

kr1.40
Price
kr5.20
GF Value