Stillfront Group AB (OSTO:SF) Cyclically Adjusted Book per Share: kr15.56 (As of Mar. 2026)


OSTO:SF Stillfront Group AB OSTO:SF
67 GF Score
Price kr4.52
GF Value kr6.16
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Stillfront Group AB Cyclically Adjusted Book per Share?

Stillfront Group AB OSTO:SF -0.57% 67 Cyclically Adjusted Book per Share is kr15.56 as of Mar. 2026. GuruFocus rates OSTO:SF with a GF Score™ of 67/100 and a GF Value™ of kr6.16 (Modestly Undervalued). The stock has 4 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.

Stillfront Group AB's adjusted book value per share for the three months ended in Mar. 2026 was kr8.617. 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 kr15.56 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Stillfront Group AB's average Cyclically Adjusted Book Growth Rate was 4.20% 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 (2026-07-03), Stillfront Group AB's current stock price is kr4.524. Stillfront Group AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was kr15.56. Stillfront Group AB's Cyclically Adjusted PB Ratio of today is 0.29.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Stillfront Group AB was 1.04. The lowest was 0.23. And the median was 0.43.


Stillfront Group AB  (OSTO:SF) 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.

Stillfront Group AB's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=4.524/15.56
=0.29

* 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 Stillfront Group AB was 1.04. The lowest was 0.23. And the median was 0.43.


Be Aware

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


Stillfront Group AB Cyclically Adjusted Book per Share Related Terms


Stillfront Group AB Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Stillfront Group 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.

Stillfront Group AB Cyclically Adjusted Book per Share Chart

Stillfront Group 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 14.98 15.39

Stillfront Group 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 14.93 14.97 15.26 15.39 15.56

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

For the Electronic Gaming & Multimedia subindustry, Stillfront Group 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.


Stillfront Group AB Cyclically Adjusted PB Ratio vs Interactive Media Industry

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

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


OSTO:SF
67GF Score
Stillfront Group AB OSTO:SF
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Stillfront Group 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, Stillfront Group 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)
=8.617/133.5600*133.5600
=8.617

Current CPI (Mar. 2026) = 133.5600.

Stillfront Group AB Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.415 101.019 1.871
201609 1.342 101.138 1.772
201612 1.994 102.022 2.610
201703 1.940 102.022 2.540
201706 2.318 102.752 3.013
201709 2.243 103.279 2.901
201712 0.885 103.793 1.139
201803 3.274 103.962 4.206
201806 3.412 104.875 4.345
201809 3.658 105.679 4.623
201812 3.995 105.912 5.038
201903 4.306 105.886 5.431
201906 5.956 106.742 7.452
201909 6.624 107.214 8.252
201912 6.553 107.766 8.121
202003 12.062 106.563 15.118
202006 15.096 107.498 18.756
202009 15.119 107.635 18.761
202012 15.720 108.296 19.387
202103 18.109 108.360 22.320
202106 18.717 108.928 22.950
202109 20.646 110.338 24.991
202112 22.436 112.486 26.639
202203 24.031 114.825 27.952
202206 26.853 118.384 30.295
202209 28.971 122.296 31.639
202212 27.742 126.365 29.322
202303 27.934 127.042 29.367
202306 28.919 129.407 29.847
202309 28.720 130.224 29.456
202312 26.716 131.912 27.050
202403 28.314 132.205 28.604
202406 28.755 132.716 28.938
202409 27.074 132.304 27.331
202412 14.898 132.987 14.962
202503 13.813 132.825 13.889
202506 12.765 133.699 12.752
202509 12.837 133.480 12.845
202512 8.050 133.390 8.060
202603 8.617 133.560 8.617

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 kr15.56 mean?
Stillfront Group AB (OSTO:SF) has a Cyclically Adjusted Book per Share of kr15.56 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 Stillfront Group AB and its competitors.
Is Stillfront Group AB's Cyclically Adjusted Book per Share too high?
Stillfront Group AB's current Cyclically Adjusted Book per Share is kr15.56. Overall, Stillfront Group AB has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Stillfront Group AB's Cyclically Adjusted Book per Share compare to NTES and EA?
Stillfront Group AB's Cyclically Adjusted Book per Share of kr15.56 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 Stillfront Group AB and its competitors. Stillfront Group AB's current Cyclically Adjusted Book per Share is kr15.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Stillfront Group AB stock overvalued right now?
Based on GuruFocus' analysis, Stillfront Group AB (OSTO:SF) is currently considered Modestly Undervalued. The stock's GF Value™ is kr6.16, compared to a current price of kr4.52 — trading 26.6% below its estimated fair value. The current Cyclically Adjusted Book per Share is kr15.56. Stillfront Group AB's overall GF Score™ is 67/100 with 4 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 Stillfront Group AB (OSTO:SF), the current Cyclically Adjusted Book per Share is kr15.56 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 Stillfront Group AB (OSTO:SF) Overvalued in 2026?

Based on GuruFocus' analysis, Stillfront Group AB stock appears to be undervalued. The current stock price of kr4.52 is trading 26.6% below its estimated GF Value™ of kr6.16. GuruFocus considers Stillfront Group AB to be Modestly Undervalued.

Key valuation signals for OSTO:SF:

  • Cyclically Adjusted Book per Share: kr15.56
  • GF Value™: kr6.16 vs. price of kr4.52 (26.6% below fair value)
  • GF Score™: 67/100 with 4 warning signs

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


Stillfront Group AB Business Description

Other Exchanges STLFF:USA0A2A:UK1YS:Germany
Address Sveavagen 21, Stockholm, SWE, SE-111 34
Stillfront Group AB is a game development company focusing on the free-to-play segment. The company has a diversified portfolio of games and focuses on games with long lifecycles and loyal users. Stillfront Group consists of game studios in different countries, and the company's main markets are the USA, Europe, and the MENA & APAC regions. The studios owned by the group include Goodgame Studios, Storm8, and Babil Games.
67GF Score

Get the complete analysis for OSTO:SF

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

kr4.52
Price
kr6.16
GF Value