Scandbook Holding AB (OSTO:SBOK B) Cyclically Adjusted Book per Share: kr49.16 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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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:SBOK B Scandbook Holding AB OSTO:SBOK B
76 GF Score
Price kr49.70
GF Value kr47.50
Valuation Fairly Valued
! 1 Warning Sign
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What is Scandbook Holding AB Cyclically Adjusted Book per Share?

Scandbook Holding AB OSTO:SBOK B -1.78% 76 Cyclically Adjusted Book per Share is kr49.16 as of Mar. 2026. GuruFocus rates OSTO:SBOK B with a GF Score™ of 76/100 and a GF Value™ of kr47.50 (Fairly Valued). The stock has 1 warning sign 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.

Scandbook Holding AB's adjusted book value per share for the three months ended in Mar. 2026 was kr43.690. 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 kr49.16 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Scandbook Holding AB's average Cyclically Adjusted Book Growth Rate was 0.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.10% 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 Scandbook Holding AB was 9.30% per year. The lowest was 3.10% per year. And the median was 6.90% per year.

As of today (2026-08-25), Scandbook Holding AB's current stock price is kr49.70. Scandbook Holding AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was kr49.16. Scandbook Holding AB's Cyclically Adjusted PB Ratio of today is 1.01.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Scandbook Holding AB was 1.28. The lowest was 0.30. And the median was 0.71.


Scandbook Holding AB  (OSTO:SBOK B) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=49.70/49.16
=1.01

* 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 Scandbook Holding AB was 1.28. The lowest was 0.30. And the median was 0.71.


Be Aware

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


Scandbook Holding AB Cyclically Adjusted Book per Share Related Terms


Scandbook Holding AB Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Scandbook 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.

Scandbook Holding AB Cyclically Adjusted Book per Share Chart

Scandbook 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 37.78 43.30 47.14 49.07 49.10

Scandbook 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 49.04 49.39 49.18 49.10 49.16

OSTO:SBOK B vs CTAS, CPRT, GPN: Cyclically Adjusted Book per Share Comparison

For the Specialty Business Services subindustry, Scandbook 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.


Scandbook Holding AB Cyclically Adjusted PB Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, Scandbook Holding AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


OSTO:SBOK B
76GF Score
Scandbook Holding AB OSTO:SBOK B
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Scandbook 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, Scandbook 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)
=43.69/133.5600*133.5600
=43.690

Current CPI (Mar. 2026) = 133.5600.

Scandbook Holding AB Quarterly Data

Book Value per Share CPI Adj_Book
201606 32.702 101.019 43.236
201609 32.843 101.138 43.372
201612 34.025 102.022 44.543
201703 33.972 102.022 44.474
201706 33.944 102.752 44.121
201709 33.841 103.279 43.763
201712 34.619 103.793 44.548
201803 35.852 103.962 46.059
201806 36.039 104.875 45.896
201809 35.930 105.679 45.409
201812 37.310 105.912 47.050
201903 37.902 105.886 47.808
201906 37.593 106.742 47.038
201909 38.682 107.214 48.188
201912 38.722 107.766 47.990
202003 40.227 106.563 50.418
202006 39.447 107.498 49.011
202009 40.594 107.635 50.371
202012 40.911 108.296 50.455
202103 42.543 108.360 52.437
202106 41.739 108.928 51.178
202109 43.195 110.338 52.286
202112 45.716 112.486 54.281
202203 47.684 114.825 55.464
202206 48.160 118.384 54.334
202209 50.718 122.296 55.389
202212 53.893 126.365 56.961
202303 55.051 127.042 57.876
202306 54.741 129.407 56.498
202309 55.535 130.224 56.958
202312 57.029 131.912 57.742
202403 58.956 132.205 59.560
202406 56.196 132.716 56.553
202409 57.497 132.304 58.043
202412 40.962 132.987 41.138
202503 40.589 132.825 40.814
202506 39.008 133.699 38.967
202509 39.848 133.480 39.872
202512 42.369 133.390 42.423
202603 43.690 133.560 43.690

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 kr49.16 mean?
Scandbook Holding AB (OSTO:SBOK B) has a Cyclically Adjusted Book per Share of kr49.16 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 Scandbook Holding AB and its competitors.
Is Scandbook Holding AB's Cyclically Adjusted Book per Share too high?
Scandbook Holding AB's current Cyclically Adjusted Book per Share is kr49.16. Overall, Scandbook Holding AB has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Scandbook Holding AB's Cyclically Adjusted Book per Share compare to CTAS and CPRT?
Scandbook Holding AB's Cyclically Adjusted Book per Share of kr49.16 can be compared against companies in the Business Services 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 Business Services company?
A good Cyclically Adjusted Book per Share depends on the Business Services 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 Scandbook Holding AB and its competitors. Scandbook Holding AB's current Cyclically Adjusted Book per Share is kr49.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Scandbook Holding AB stock overvalued right now?
Based on GuruFocus' analysis, Scandbook Holding AB (OSTO:SBOK B) is currently considered Fairly Valued. The stock's GF Value™ is kr47.50, compared to a current price of kr49.70 — trading 4.6% above its estimated fair value. The current Cyclically Adjusted Book per Share is kr49.16. Scandbook Holding AB's overall GF Score™ is 76/100 with 1 warning sign 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 Scandbook Holding AB (OSTO:SBOK B), the current Cyclically Adjusted Book per Share is kr49.16 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 Scandbook Holding AB (OSTO:SBOK B) Overvalued in 2026?

Based on GuruFocus' analysis, Scandbook Holding AB stock appears to be overvalued. The current stock price of kr49.70 is trading 4.6% above its estimated GF Value™ of kr47.50. GuruFocus considers Scandbook Holding AB to be Fairly Valued.

Key valuation signals for OSTO:SBOK B:

  • Cyclically Adjusted Book per Share: kr49.16
  • GF Value™: kr47.50 vs. price of kr49.70 (4.6% above fair value)
  • GF Score™: 76/100 with 1 warning sign

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


Scandbook Holding AB Business Description

Address Lovasvagen 24, Falun, SWE, 791 45
Scandbook Holding AB produces books with black and white printing in both soft and hard covers. It meets the needs of the Northern European. The company is a full-service supplier of books and related services. Its products include Hardcover with dust jacket, Hardcover, Softcover and Paperback, and Softcover and Paperback with flaps.
76GF Score

Get the complete analysis for OSTO:SBOK B

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

kr49.70
Price
kr47.50
GF Value