Paradox Interactive AB (OSTO:PDX) Cyclically Adjusted Book per Share: kr17.39 (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:PDX Paradox Interactive AB OSTO:PDX
83 GF Score
Price kr138.30
GF Value kr175.62
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Paradox Interactive AB Cyclically Adjusted Book per Share?

Paradox Interactive AB OSTO:PDX +1.54% 83 Cyclically Adjusted Book per Share is kr17.39 as of Jun. 2026. GuruFocus rates OSTO:PDX with a GF Score™ of 83/100 and a GF Value™ of kr175.62 (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.

Paradox Interactive AB's adjusted book value per share for the three months ended in Jun. 2026 was kr20.990. 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 kr17.39 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Paradox Interactive AB's average Cyclically Adjusted Book Growth Rate was 11.80% 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 (2026-08-18), Paradox Interactive AB's current stock price is kr138.30. Paradox Interactive AB's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was kr17.39. Paradox Interactive AB's Cyclically Adjusted PB Ratio of today is 7.95.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of Paradox Interactive AB was 14.61. The lowest was 7.16. And the median was 11.11.


Paradox Interactive AB  (OSTO:PDX) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=138.30/17.39
=7.95

* 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 Paradox Interactive AB was 14.61. The lowest was 7.16. And the median was 11.11.


Be Aware

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


Paradox Interactive AB Cyclically Adjusted Book per Share Related Terms


Paradox Interactive AB Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Paradox Interactive 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.

Paradox Interactive AB Cyclically Adjusted Book per Share Chart

Paradox Interactive 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 14.87 16.27

Paradox Interactive 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 15.55 15.78 16.27 16.84 17.39

OSTO:PDX vs NTES, EA, TTWO: Cyclically Adjusted Book per Share Comparison

For the Electronic Gaming & Multimedia subindustry, Paradox Interactive 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.


Paradox Interactive AB Cyclically Adjusted PB Ratio vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Paradox Interactive AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


OSTO:PDX
83GF Score
Paradox Interactive AB OSTO:PDX
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Paradox Interactive 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, Paradox Interactive 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)
=20.99/134.6100*134.6100
=20.990

Current CPI (Jun. 2026) = 134.6100.

Paradox Interactive AB Quarterly Data

Book Value per Share CPI Adj_Book
201609 3.521 101.138 4.686
201612 4.166 102.022 5.497
201703 4.442 102.022 5.861
201706 4.639 102.752 6.077
201709 5.019 103.279 6.542
201712 5.681 103.793 7.368
201803 6.727 103.962 8.710
201806 6.508 104.875 8.353
201809 7.009 105.679 8.928
201812 8.085 105.912 10.276
201903 8.581 105.886 10.909
201906 8.711 106.742 10.985
201909 9.456 107.214 11.872
201912 10.655 107.766 13.309
202003 11.939 106.563 15.081
202006 12.342 107.498 15.455
202009 13.866 107.635 17.341
202012 14.282 108.296 17.752
202103 15.074 108.360 18.726
202106 14.836 108.928 18.334
202109 14.604 110.338 17.817
202112 15.734 112.486 18.829
202203 17.371 114.825 20.364
202206 18.090 118.384 20.570
202209 19.868 122.296 21.868
202212 21.704 126.365 23.120
202303 22.937 127.042 24.303
202306 23.290 129.407 24.227
202309 23.940 130.224 24.746
202312 24.810 131.912 25.317
202403 26.129 132.205 26.604
202406 23.398 132.716 23.732
202409 24.521 132.304 24.948
202412 27.547 132.987 27.883
202503 28.623 132.825 29.008
202506 24.725 133.699 24.893
202509 25.587 133.480 25.804
202512 23.653 133.390 23.869
202603 24.531 133.560 24.724
202606 20.990 134.610 20.990

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 kr17.39 mean?
Paradox Interactive AB (OSTO:PDX) has a Cyclically Adjusted Book per Share of kr17.39 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 Paradox Interactive AB and its competitors.
Is Paradox Interactive AB's Cyclically Adjusted Book per Share too high?
Paradox Interactive AB's current Cyclically Adjusted Book per Share is kr17.39. Overall, Paradox Interactive AB has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Paradox Interactive AB's Cyclically Adjusted Book per Share compare to NTES and EA?
Paradox Interactive AB's Cyclically Adjusted Book per Share of kr17.39 can be compared against companies in the Interactive Media 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 Interactive Media company?
A good Cyclically Adjusted Book per Share depends on the Interactive Media 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 Paradox Interactive AB and its competitors. Paradox Interactive AB's current Cyclically Adjusted Book per Share is kr17.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Paradox Interactive AB stock overvalued right now?
Based on GuruFocus' analysis, Paradox Interactive AB (OSTO:PDX) is currently considered Modestly Undervalued. The stock's GF Value™ is kr175.62, compared to a current price of kr138.30 — trading 21.3% below its estimated fair value. The current Cyclically Adjusted Book per Share is kr17.39. Paradox Interactive AB's overall GF Score™ is 83/100 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 Paradox Interactive AB (OSTO:PDX), the current Cyclically Adjusted Book per Share is kr17.39 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 Paradox Interactive AB (OSTO:PDX) Overvalued in 2026?

Based on GuruFocus' analysis, Paradox Interactive AB stock appears to be undervalued. The current stock price of kr138.30 is trading 21.3% below its estimated GF Value™ of kr175.62. GuruFocus considers Paradox Interactive AB to be Modestly Undervalued.

Key valuation signals for OSTO:PDX:

  • Cyclically Adjusted Book per Share: kr17.39
  • GF Value™: kr175.62 vs. price of kr138.30 (21.3% below fair value)
  • GF Score™: 83/100 with 3 warning signs

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


Paradox Interactive AB Business Description

Other Exchanges PRXXF:USA0GDU:UKETA:Germany
Address Magnus Ladulasgatan 4, Stockholm, SWE, 118 66
Paradox Interactive AB is a Swedish company. It is engaged in the development and publishing of PC-based games. The company's product portfolio includes franchise brands such as Stellaris, Europa Universalis, Hearts of Iron, Crusader Kings, Cities, Skylines, Tyranny and Magicka. Paradox is also involved in the publishing and internal development of games and licensing of White Wolf's brands. The company distributes its games through the digital platform Steam as well as on Apple, Google Play, and Sony stores. It operates its business across the world. The majority of the company's revenue comes from the United States, while it also has its presence in Sweden, Rest of Europe and Rest of the World.
83GF Score

Get the complete analysis for OSTO:PDX

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

kr138.30
Price
kr175.62
GF Value