Starbreeze AB (OSTO:STAR A) Cyclically Adjusted Book per Share: kr1.44 (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:STAR A Starbreeze AB OSTO:STAR A
33 GF Score
Price kr0.14
GF Value kr0.11
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Starbreeze AB Cyclically Adjusted Book per Share?

Starbreeze AB OSTO:STAR A -2.37% 33 Cyclically Adjusted Book per Share is kr1.44 as of Jun. 2026. GuruFocus rates OSTO:STAR A with a GF Score™ of 33/100 and a GF Value™ of kr0.11 (Significantly Overvalued). The stock has 5 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.

Starbreeze AB's adjusted book value per share for the three months ended in Jun. 2026 was kr0.079. 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 kr1.44 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Starbreeze AB's average Cyclically Adjusted Book Growth Rate was -100.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -1.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 1.30% 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 Starbreeze AB was 7.00% per year. The lowest was -1.70% per year. And the median was 3.00% per year.

As of today (2026-08-26), Starbreeze AB's current stock price is kr0.144. Starbreeze AB's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was kr1.44. Starbreeze AB's Cyclically Adjusted PB Ratio of today is 0.10.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Starbreeze AB was 12.78. The lowest was 0.07. And the median was 0.74.


Starbreeze AB  (OSTO:STAR A) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.144/1.44
=0.10

* 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 Starbreeze AB was 12.78. The lowest was 0.07. And the median was 0.74.


Be Aware

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


Starbreeze AB Cyclically Adjusted Book per Share Related Terms


Starbreeze AB Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Starbreeze 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.

Starbreeze AB Cyclically Adjusted Book per Share Chart

Starbreeze 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 1.11 1.20 1.35 1.21 1.43

Starbreeze 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 1.55 1.54 1.43 1.52 1.44

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

For the Electronic Gaming & Multimedia subindustry, Starbreeze 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.


Starbreeze AB Cyclically Adjusted PB Ratio vs Interactive Media Industry

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

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


OSTO:STAR A
33GF Score
Starbreeze AB OSTO:STAR A
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Starbreeze 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, Starbreeze 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)
=0.079/134.6100*134.6100
=0.079

Current CPI (Jun. 2026) = 134.6100.

Starbreeze AB Quarterly Data

Book Value per Share CPI Adj_Book
201609 3.623 101.138 4.822
201612 2.752 102.022 3.631
201703 2.641 102.022 3.485
201706 2.680 102.752 3.511
201709 2.600 103.279 3.389
201712 2.519 103.793 3.267
201803 2.854 103.962 3.695
201806 3.021 104.875 3.878
201809 2.916 105.679 3.714
201812 0.587 105.912 0.746
201903 0.326 105.886 0.414
201906 0.311 106.742 0.392
201909 0.187 107.214 0.235
201912 0.011 107.766 0.014
202003 0.049 106.563 0.062
202006 0.039 107.498 0.049
202009 0.266 107.635 0.333
202012 0.256 108.296 0.318
202103 0.249 108.360 0.309
202106 0.164 108.928 0.203
202109 0.155 110.338 0.189
202112 0.138 112.486 0.165
202203 0.110 114.825 0.129
202206 0.094 118.384 0.107
202209 0.082 122.296 0.090
202212 0.064 126.365 0.068
202303 0.035 127.042 0.037
202306 0.354 129.407 0.368
202309 0.666 130.224 0.688
202312 0.606 131.912 0.618
202403 0.589 132.205 0.600
202406 0.542 132.716 0.550
202409 0.502 132.304 0.511
202412 0.397 132.987 0.402
202503 0.380 132.825 0.385
202506 0.349 133.699 0.351
202509 0.174 133.480 0.175
202512 0.136 133.390 0.137
202603 0.101 133.560 0.102
202606 0.079 134.610 0.079

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 kr1.44 mean?
Starbreeze AB (OSTO:STAR A) has a Cyclically Adjusted Book per Share of kr1.44 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 Starbreeze AB and its competitors.
Is Starbreeze AB's Cyclically Adjusted Book per Share too high?
Starbreeze AB's current Cyclically Adjusted Book per Share is kr1.44. Overall, Starbreeze AB has a GF Score™ of 33/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Starbreeze AB's Cyclically Adjusted Book per Share compare to NTES and EA?
Starbreeze AB's Cyclically Adjusted Book per Share of kr1.44 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 Starbreeze AB and its competitors. Starbreeze AB's current Cyclically Adjusted Book per Share is kr1.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Starbreeze AB stock overvalued right now?
Based on GuruFocus' analysis, Starbreeze AB (OSTO:STAR A) is currently considered Significantly Overvalued. The stock's GF Value™ is kr0.11, compared to a current price of kr0.14 — trading 30.9% above its estimated fair value. The current Cyclically Adjusted Book per Share is kr1.44. Starbreeze AB's overall GF Score™ is 33/100 with 5 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 Starbreeze AB (OSTO:STAR A), the current Cyclically Adjusted Book per Share is kr1.44 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 Starbreeze AB (OSTO:STAR A) Overvalued in 2026?

Based on GuruFocus' analysis, Starbreeze AB stock appears to be overvalued. The current stock price of kr0.14 is trading 30.9% above its estimated GF Value™ of kr0.11. GuruFocus considers Starbreeze AB to be Significantly Overvalued.

Key valuation signals for OSTO:STAR A:

  • Cyclically Adjusted Book per Share: kr1.44
  • GF Value™: kr0.11 vs. price of kr0.14 (30.9% above fair value)
  • GF Score™: 33/100 with 5 warning signs

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


Starbreeze AB Business Description

Other Exchanges STAR B:Sweden0RUU:UK
Address Birger Jarlsgatan 61, Box 7731, Stockholm, SWE, 10395
Starbreeze AB is a creator, publisher, and distributor of entertainment products. It mainly develops and publishes games for the Console, PC, and Mobile gaming markets. Its reportable segments are; game development, game sales, third-party publishing, and licensing. The Game Sales segment consists of games developed in-house by Starbreeze. The revenue also consists of sales revenue and royalties from the rights to PAYDAY.
33GF Score

Get the complete analysis for OSTO:STAR A

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

kr0.14
Price
kr0.11
GF Value