Kauno Energija AB (OVSE:KNR1L) Cyclically Adjusted Book per Share: €2.69 (As of Mar. 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.

OVSE:KNR1L Kauno Energija AB OVSE:KNR1L
60 GF Score
Price €2.04
GF Value €1.41
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Kauno Energija AB Cyclically Adjusted Book per Share?

Kauno Energija AB OVSE:KNR1L 60 Cyclically Adjusted Book per Share is €2.69 as of Mar. 2026. GuruFocus rates OVSE:KNR1L with a GF Score™ of 60/100 and a GF Value™ of €1.41 (Significantly Overvalued). 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.

Kauno Energija AB's adjusted book value per share for the three months ended in Mar. 2026 was €3.304. 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 €2.69 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Kauno Energija AB's average Cyclically Adjusted Book Growth Rate was 4.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 3.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.10% 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 Kauno Energija AB was 5.10% per year. The lowest was 3.00% per year. And the median was 3.80% per year.

As of today (2026-07-29), Kauno Energija AB's current stock price is €2.04. Kauno Energija AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €2.69. Kauno Energija AB's Cyclically Adjusted PB Ratio of today is 0.76.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Kauno Energija AB was 0.82. The lowest was 0.36. And the median was 0.43.


Kauno Energija AB  (OVSE:KNR1L) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2.04/2.69
=0.76

* 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 Kauno Energija AB was 0.82. The lowest was 0.36. 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.


Kauno Energija AB Cyclically Adjusted Book per Share Related Terms


Kauno Energija AB Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Kauno Energija 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.

Kauno Energija AB Cyclically Adjusted Book per Share Chart

Kauno Energija 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 2.27 2.40 2.47 2.54 2.63

Kauno Energija 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 2.58 2.61 2.63 2.63 2.69

Kauno Energija AB Cyclically Adjusted Book per Share Competitor Comparison

For the Utilities - Renewable subindustry, Kauno Energija 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.


Kauno Energija AB Cyclically Adjusted PB Ratio vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Kauno Energija AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


OVSE:KNR1L
60GF Score
Kauno Energija AB OVSE:KNR1L
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kauno Energija 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, Kauno Energija 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)
=3.304/330.2130*330.2130
=3.304

Current CPI (Mar. 2026) = 330.2130.

Kauno Energija AB Quarterly Data

Book Value per Share CPI Adj_Book
201606 2.038 241.018 2.792
201609 1.958 241.428 2.678
201612 2.033 241.432 2.781
201703 2.214 243.801 2.999
201706 2.071 244.955 2.792
201709 1.995 246.819 2.669
201712 2.087 246.524 2.795
201803 2.288 249.554 3.028
201806 2.138 251.989 2.802
201809 2.049 252.439 2.680
201812 2.102 251.233 2.763
201903 2.221 254.202 2.885
201906 2.138 256.143 2.756
201909 2.057 256.759 2.645
201912 2.099 256.974 2.697
202003 2.151 258.115 2.752
202006 2.103 257.797 2.694
202009 2.013 260.280 2.554
202012 2.095 260.474 2.656
202103 2.195 264.877 2.736
202106 2.215 271.696 2.692
202109 2.132 274.310 2.566
202112 2.097 278.802 2.484
202203 2.205 287.504 2.533
202206 2.186 296.311 2.436
202209 2.102 296.808 2.339
202212 2.245 296.797 2.498
202303 2.430 301.836 2.658
202306 2.269 305.109 2.456
202309 2.200 307.789 2.360
202312 2.319 306.746 2.496
202403 2.473 312.332 2.615
202406 2.408 314.175 2.531
202409 2.296 315.301 2.405
202412 2.516 315.605 2.632
202503 2.785 319.799 2.876
202506 2.771 322.561 2.837
202509 2.666 324.800 2.710
202512 2.920 324.054 2.975
202603 3.304 330.213 3.304

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 €2.69 mean?
Kauno Energija AB (OVSE:KNR1L) has a Cyclically Adjusted Book per Share of €2.69 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 Kauno Energija AB and its competitors.
Is Kauno Energija AB's Cyclically Adjusted Book per Share too high?
Kauno Energija AB's current Cyclically Adjusted Book per Share is €2.69. Overall, Kauno Energija AB has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kauno Energija AB's Cyclically Adjusted Book per Share compare to competitors?
Kauno Energija AB's Cyclically Adjusted Book per Share of €2.69 can be compared against companies in the Utilities - Independent Power Producers 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 Utilities - Independent Power Producers company?
A good Cyclically Adjusted Book per Share depends on the Utilities - Independent Power Producers 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 Kauno Energija AB and its competitors. Kauno Energija AB's current Cyclically Adjusted Book per Share is €2.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kauno Energija AB stock overvalued right now?
Based on GuruFocus' analysis, Kauno Energija AB (OVSE:KNR1L) is currently considered Significantly Overvalued. The stock's GF Value™ is €1.41, compared to a current price of €2.04 — trading 44.7% above its estimated fair value. The current Cyclically Adjusted Book per Share is €2.69. Kauno Energija AB's overall GF Score™ is 60/100 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 Kauno Energija AB (OVSE:KNR1L), the current Cyclically Adjusted Book per Share is €2.69 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 Kauno Energija AB (OVSE:KNR1L) Overvalued in 2026?

Based on GuruFocus' analysis, Kauno Energija AB stock appears to be overvalued. The current stock price of €2.04 is trading 44.7% above its estimated GF Value™ of €1.41. GuruFocus considers Kauno Energija AB to be Significantly Overvalued.

Key valuation signals for OVSE:KNR1L:

  • Cyclically Adjusted Book per Share: €2.69
  • GF Value™: €1.41 vs. price of €2.04 (44.7% above fair value)
  • GF Score™: 60/100 with 3 warning signs

No single metric tells the full story. See the OVSE:KNR1L stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kauno Energija AB Business Description

Address Raudondvario Road 84, Kaunas, LTU, 47179
Kauno Energija AB is a company engaged in the supply of heat and hot water production and sale of electricity, and the maintenance of collector-tunnels. In addition, the company is also involved in electricity generation and distribution. The company carries out supervision of indoor heat and hot water supply systems, repair and maintenance of heat unit equipment, and provides rental services for premises. The company generates a vast majority of its revenues from heat supplies.
60GF Score

Get the complete analysis for OVSE:KNR1L

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

€2.04
Price
€1.41
GF Value