Nederman Holding AB (OSTO:NMAN) Cyclically Adjusted Book per Share: kr56.59 (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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OSTO:NMAN Nederman Holding AB OSTO:NMAN
81 GF Score
Price kr128.40
GF Value kr163.52
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Nederman Holding AB Cyclically Adjusted Book per Share?

Nederman Holding AB OSTO:NMAN -0.77% 81 Cyclically Adjusted Book per Share is kr56.59 as of Jun. 2026. GuruFocus rates OSTO:NMAN with a GF Score™ of 81/100 and a GF Value™ of kr163.52 (Modestly Undervalued). The stock has 2 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.

Nederman Holding AB's adjusted book value per share for the three months ended in Jun. 2026 was kr73.295. 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 kr56.59 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Nederman Holding AB's average Cyclically Adjusted Book Growth Rate was 8.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 12.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 12.40% 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 Nederman Holding AB was 13.40% per year. The lowest was 9.10% per year. And the median was 11.50% per year.

As of today (2026-07-30), Nederman Holding AB's current stock price is kr128.40. Nederman Holding AB's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was kr56.59. Nederman Holding AB's Cyclically Adjusted PB Ratio of today is 2.27.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Nederman Holding AB was 6.79. The lowest was 2.11. And the median was 4.33.


Nederman Holding AB  (OSTO:NMAN) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=128.40/56.59
=2.27

* 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 Nederman Holding AB was 6.79. The lowest was 2.11. And the median was 4.33.


Be Aware

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


Nederman Holding AB Cyclically Adjusted Book per Share Related Terms


Nederman Holding AB Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Nederman 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.

Nederman Holding AB Cyclically Adjusted Book per Share Chart

Nederman 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 34.73 38.34 44.65 49.91 54.19

Nederman Holding 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 52.28 53.23 54.19 55.33 56.59

OSTO:NMAN vs GEV, ETN, PH: Cyclically Adjusted Book per Share Comparison

For the Specialty Industrial Machinery subindustry, Nederman 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.


Nederman Holding AB Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nederman Holding AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


OSTO:NMAN
81GF Score
Nederman Holding AB OSTO:NMAN
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nederman 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, Nederman Holding 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)
=73.295/134.1100*134.1100
=73.295

Current CPI (Jun. 2026) = 134.1100.

Nederman Holding AB Quarterly Data

Book Value per Share CPI Adj_Book
201609 25.770 101.138 34.171
201612 28.002 102.022 36.809
201703 28.863 102.022 37.941
201706 27.834 102.752 36.328
201709 28.384 103.279 36.857
201712 30.659 103.793 39.614
201803 33.022 103.962 42.598
201806 33.529 104.875 42.876
201809 33.982 105.679 43.124
201812 35.193 105.912 44.563
201903 38.177 105.886 48.353
201906 37.654 106.742 47.308
201909 38.078 107.214 47.630
201912 39.381 107.766 49.008
202003 41.689 106.563 52.466
202006 38.230 107.498 47.694
202009 38.409 107.635 47.856
202012 37.067 108.296 45.903
202103 41.242 108.360 51.043
202106 42.644 108.928 52.503
202109 45.228 110.338 54.972
202112 48.939 112.486 58.347
202203 52.415 114.825 61.218
202206 53.991 118.384 61.163
202209 60.271 122.296 66.093
202212 62.306 126.365 66.125
202303 64.207 127.042 67.779
202306 67.845 129.407 70.311
202309 68.563 130.224 70.609
202312 67.569 131.912 68.695
202403 73.559 132.205 74.619
202406 71.679 132.716 72.432
202409 71.385 132.304 72.359
202412 77.391 132.987 78.044
202503 72.641 132.825 73.344
202506 70.264 133.699 70.480
202509 71.343 133.480 71.680
202512 71.597 133.390 71.983
202603 74.981 133.560 75.290
202606 73.295 134.110 73.295

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 kr56.59 mean?
Nederman Holding AB (OSTO:NMAN) has a Cyclically Adjusted Book per Share of kr56.59 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 Nederman Holding AB and its competitors.
Is Nederman Holding AB's Cyclically Adjusted Book per Share too high?
Nederman Holding AB's current Cyclically Adjusted Book per Share is kr56.59. Overall, Nederman Holding AB has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nederman Holding AB's Cyclically Adjusted Book per Share compare to GEV and ETN?
Nederman Holding AB's Cyclically Adjusted Book per Share of kr56.59 can be compared against companies in the Industrial 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 an Industrial Products company?
A good Cyclically Adjusted Book per Share depends on the Industrial 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 Nederman Holding AB and its competitors. Nederman Holding AB's current Cyclically Adjusted Book per Share is kr56.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nederman Holding AB stock overvalued right now?
Based on GuruFocus' analysis, Nederman Holding AB (OSTO:NMAN) is currently considered Modestly Undervalued. The stock's GF Value™ is kr163.52, compared to a current price of kr128.40 — trading 21.5% below its estimated fair value. The current Cyclically Adjusted Book per Share is kr56.59. Nederman Holding AB's overall GF Score™ is 81/100 with 2 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 Nederman Holding AB (OSTO:NMAN), the current Cyclically Adjusted Book per Share is kr56.59 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 Nederman Holding AB (OSTO:NMAN) Overvalued in 2026?

Based on GuruFocus' analysis, Nederman Holding AB stock appears to be undervalued. The current stock price of kr128.40 is trading 21.5% below its estimated GF Value™ of kr163.52. GuruFocus considers Nederman Holding AB to be Modestly Undervalued.

Key valuation signals for OSTO:NMAN:

  • Cyclically Adjusted Book per Share: kr56.59
  • GF Value™: kr163.52 vs. price of kr128.40 (21.5% below fair value)
  • GF Score™: 81/100 with 2 warning signs

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


Nederman Holding AB Business Description

Other Exchanges 5QR:Germany
Address Landskronavagen 9A, Helsingborg, SWE, 252 32
Nederman Holding AB is an industrial equipment manufacturer. The company produces and markets products to improve the industrial workplace environment; owns and manages enterprises as well as real estate and personal property, and engages in compatible operations. Its operating segments are, Extraction and Filtration Technology, Process Technology, Duct and Filter Technology, and Monitoring and Control Technology. Key revenue is derived from the Extraction and Filter Technology segment, which develops and sells various filters and monitoring services, capturing devices, fans, high-vacuum products, and reels for the distribution of various liquids and compressed air. Geographically, it derives key revenue from the United States of America and has customers located around the world.
81GF Score

Get the complete analysis for OSTO:NMAN

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

kr128.40
Price
kr163.52
GF Value