Oshkosh (STU:OK3) Cyclically Adjusted Book per Share: €48.24 (As of Jun. 2026)

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STU:OK3 Oshkosh Corp STU:OK3
91 GF Score
Price €123.60
GF Value €113.21
Valuation Fairly Valued
! 5 Warning Signs
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What is Oshkosh Cyclically Adjusted Book per Share?

Oshkosh STU:OK3 -0.32% 91 Cyclically Adjusted Book per Share is €48.24 as of Jun. 2026. GuruFocus rates STU:OK3 with a GF Score™ of 91/100 and a GF Value™ of €113.21 (Fairly Valued). 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.

Oshkosh's adjusted book value per share for the three months ended in Jun. 2026 was €64.031. 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 €48.24 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Oshkosh's average Cyclically Adjusted Book Growth Rate was 11.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 11.80% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 11.30% 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 Oshkosh was 22.40% per year. The lowest was 1.30% per year. And the median was 10.80% per year.

As of today (2026-09-16), Oshkosh's current stock price is €123.60. Oshkosh's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €48.24. Oshkosh's Cyclically Adjusted PB Ratio of today is 2.56.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Oshkosh was 4.47. The lowest was 1.73. And the median was 2.81.


Oshkosh  (STU:OK3) 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.

Oshkosh's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=123.60/48.235
=2.56

* 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 Oshkosh was 4.47. The lowest was 1.73. And the median was 2.81.


Be Aware

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


Oshkosh Cyclically Adjusted Book per Share Related Terms


Oshkosh Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Oshkosh'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.

Oshkosh Cyclically Adjusted Book per Share Chart

Oshkosh Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.33 0.00 0.00 0.00 0.00

Oshkosh Quarterly Data
Jun21 Sep21 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 43.57 44.61 45.28 46.89 48.24

STU:OK3 vs AGCO, TEX, FSS: Cyclically Adjusted Book per Share Comparison

For the Farm & Heavy Construction Machinery subindustry, Oshkosh'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.


Oshkosh Cyclically Adjusted PB Ratio vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Oshkosh's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


STU:OK3
91GF Score
Oshkosh Corp STU:OK3
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Oshkosh 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, Oshkosh'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)
=64.031/333.9520*333.9520
=64.031

Current CPI (Jun. 2026) = 333.9520.

Oshkosh Quarterly Data

Book Value per Share CPI Adj_Book
201606 23.833 241.018 33.023
201609 23.791 241.428 32.909
201612 25.178 241.432 34.827
201703 25.417 243.801 34.816
201706 25.535 244.955 34.812
201709 26.019 246.819 35.204
201712 25.594 246.524 34.671
201803 25.847 249.554 34.588
201806 28.240 251.989 37.425
201809 29.902 252.439 39.557
201812 30.121 251.233 40.038
201903 31.849 254.202 41.841
201906 33.150 256.143 43.220
201909 35.076 256.759 45.621
201912 34.992 256.974 45.474
202003 36.002 258.115 46.580
202006 36.198 257.797 46.891
202009 35.671 260.280 45.768
202012 35.069 260.474 44.962
202103 37.426 264.877 47.186
202106 39.585 271.696 48.655
202109 41.204 274.310 50.163
202203 40.355 287.504 46.875
202206 42.101 296.311 47.449
202209 45.142 296.808 50.791
202212 45.591 296.797 51.298
202303 45.715 301.836 50.579
202306 47.681 305.109 52.188
202309 51.187 307.789 55.538
202312 51.231 306.746 55.775
202403 54.105 312.332 57.850
202406 56.207 314.175 59.745
202409 56.491 315.301 59.833
202412 62.069 315.605 65.677
202503 60.787 319.799 63.477
202506 59.209 322.561 61.300
202509 60.831 324.800 62.545
202512 61.633 324.054 63.516
202603 62.015 330.213 62.717
202606 64.031 333.952 64.031

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 €48.24 mean?
Oshkosh (STU:OK3) has a Cyclically Adjusted Book per Share of €48.24 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 Oshkosh and its competitors.
Is Oshkosh's Cyclically Adjusted Book per Share too high?
Oshkosh's current Cyclically Adjusted Book per Share is €48.24. Overall, Oshkosh has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Oshkosh's Cyclically Adjusted Book per Share compare to AGCO and TEX?
Oshkosh's Cyclically Adjusted Book per Share of €48.24 can be compared against companies in the Farm & Heavy Construction Machinery 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 Farm & Heavy Construction Machinery company?
A good Cyclically Adjusted Book per Share depends on the Farm & Heavy Construction Machinery 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 Oshkosh and its competitors. Oshkosh's current Cyclically Adjusted Book per Share is €48.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oshkosh stock overvalued right now?
Based on GuruFocus' analysis, Oshkosh (STU:OK3) is currently considered Fairly Valued. The stock's GF Value™ is €113.21, compared to a current price of €123.60 — trading 9.2% above its estimated fair value. The current Cyclically Adjusted Book per Share is €48.24. Oshkosh's overall GF Score™ is 91/100 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 Oshkosh (STU:OK3), the current Cyclically Adjusted Book per Share is €48.24 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 Oshkosh (STU:OK3) Overvalued in 2026?

Based on GuruFocus' analysis, Oshkosh stock appears to be overvalued. The current stock price of €123.60 is trading 9.2% above its estimated GF Value™ of €113.21. GuruFocus considers Oshkosh to be Fairly Valued.

Key valuation signals for STU:OK3:

  • Cyclically Adjusted Book per Share: €48.24
  • GF Value™: €113.21 vs. price of €123.60 (9.2% above fair value)
  • GF Score™: 91/100 with 5 warning signs

No single metric tells the full story. See the STU:OK3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Oshkosh Business Description

Other Exchanges OSK:USA0KDI:UK
Address 1917 Four Wheel Drive, Oshkosh, WI, USA, 54902
Oshkosh is a leading maker of access equipment, specialty vehicles, and military trucks. It serves diverse end markets, including postal, firefighting, refuse/recycling collection, aviation, and construction. It is typically the market share leader or No. 2 player in North America, or even the global leader in the case of its JLG aerial work platform business. The transport segment is a leading provider of light trucks to the military and vehicles to the Postal Service. The vocational segment, featuring brands such as Pierce, AeroTech, and Volterra, offers purpose-built vehicles and equipment to municipalities. The company reports three segments—Access equipment (45% of revenue), Vocational (35%), and Transport (20%) on 2025 revenue of $10.4 billion.
91GF Score

Get the complete analysis for STU:OK3

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

€123.60
Price
€113.21
GF Value