Mowi ASA (STU:PND) Cyclically Adjusted Book per Share: €6.66 (As of Jun. 2026)

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STU:PND Mowi ASA STU:PND
91 GF Score
Price €18.89
GF Value €18.96
Valuation Fairly Valued
! 4 Warning Signs
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What is Mowi ASA Cyclically Adjusted Book per Share?

Mowi ASA STU:PND -1.97% 91 Cyclically Adjusted Book per Share is €6.66 as of Jun. 2026. GuruFocus rates STU:PND with a GF Score™ of 91/100 and a GF Value™ of €18.96 (Fairly Valued). 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.

Mowi ASA's adjusted book value per share for the three months ended in Jun. 2026 was €7.986. 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 €6.66 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Mowi ASA's average Cyclically Adjusted Book Growth Rate was 8.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 9.70% 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 Mowi ASA was 10.70% per year. The lowest was -18.60% per year. And the median was 8.70% per year.

As of today (2026-09-01), Mowi ASA's current stock price is €18.89. Mowi ASA's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €6.66. Mowi ASA's Cyclically Adjusted PB Ratio of today is 2.84.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Mowi ASA was 5.41. The lowest was 1.66. And the median was 3.82.


Mowi ASA  (STU:PND) 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.

Mowi ASA's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=18.89/6.66
=2.84

* 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 Mowi ASA was 5.41. The lowest was 1.66. And the median was 3.82.


Be Aware

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


Mowi ASA Cyclically Adjusted Book per Share Related Terms


Mowi ASA Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Mowi ASA'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.

Mowi ASA Cyclically Adjusted Book per Share Chart

Mowi ASA 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 5.07 5.42 5.51 5.65 6.05

Mowi ASA 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 5.77 6.04 6.05 6.69 6.66

STU:PND vs ADM, BG, TSN: Cyclically Adjusted Book per Share Comparison

For the Farm Products subindustry, Mowi ASA'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.


Mowi ASA Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Mowi ASA's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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

Mowi ASA 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, Mowi ASA'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)
=7.986/141.5800*141.5800
=7.986

Current CPI (Jun. 2026) = 141.5800.

Mowi ASA Quarterly Data

Book Value per Share CPI Adj_Book
201609 4.372 104.200 5.940
201612 4.596 104.400 6.233
201703 4.757 105.000 6.414
201706 5.164 105.800 6.910
201709 5.147 105.900 6.881
201712 4.721 106.100 6.300
201803 4.779 107.300 6.306
201806 4.910 108.500 6.407
201809 4.786 109.500 6.188
201812 5.576 109.800 7.190
201903 5.783 110.400 7.416
201906 5.728 110.600 7.332
201909 5.450 111.100 6.945
201912 5.593 111.300 7.115
202003 5.074 111.200 6.460
202006 5.138 112.100 6.489
202009 5.260 112.900 6.596
202012 5.341 112.900 6.698
202103 5.897 114.600 7.285
202106 6.034 115.300 7.409
202109 5.902 117.500 7.112
202112 6.051 118.900 7.205
202203 6.324 119.800 7.474
202206 6.836 122.600 7.894
202209 6.786 125.600 7.649
202212 6.783 125.900 7.628
202303 7.079 127.600 7.855
202306 6.693 130.400 7.267
202309 6.749 129.800 7.362
202312 6.949 131.900 7.459
202403 7.143 132.600 7.627
202406 7.111 133.800 7.524
202409 7.022 133.700 7.436
202412 7.424 134.800 7.797
202503 7.240 136.100 7.532
202506 7.026 137.800 7.219
202509 6.947 138.500 7.101
202512 8.290 139.100 8.438
202603 8.583 141.030 8.616
202606 7.986 141.580 7.986

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 €6.66 mean?
Mowi ASA (STU:PND) has a Cyclically Adjusted Book per Share of €6.66 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 Mowi ASA and its competitors.
Is Mowi ASA's Cyclically Adjusted Book per Share too high?
Mowi ASA's current Cyclically Adjusted Book per Share is €6.66. Overall, Mowi ASA has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mowi ASA's Cyclically Adjusted Book per Share compare to ADM and BG?
Mowi ASA's Cyclically Adjusted Book per Share of €6.66 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Cyclically Adjusted Book per Share depends on the Consumer Packaged Goods 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 Mowi ASA and its competitors. Mowi ASA's current Cyclically Adjusted Book per Share is €6.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mowi ASA stock overvalued right now?
Based on GuruFocus' analysis, Mowi ASA (STU:PND) is currently considered Fairly Valued. The stock's GF Value™ is €18.96, compared to a current price of €18.89 — trading 0.4% below its estimated fair value. The current Cyclically Adjusted Book per Share is €6.66. Mowi ASA's overall GF Score™ is 91/100 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 Mowi ASA (STU:PND), the current Cyclically Adjusted Book per Share is €6.66 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 Mowi ASA (STU:PND) Overvalued in 2026?

Based on GuruFocus' analysis, Mowi ASA stock appears to be undervalued. The current stock price of €18.89 is trading 0.4% below its estimated GF Value™ of €18.96. GuruFocus considers Mowi ASA to be Fairly Valued.

Key valuation signals for STU:PND:

  • Cyclically Adjusted Book per Share: €6.66
  • GF Value™: €18.96 vs. price of €18.89 (0.4% below fair value)
  • GF Score™: 91/100 with 4 warning signs

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


Mowi ASA Business Description

Address Sandviksboder 77A/B, Bergen, NOR, 5035
Mowi ASA is a Norway-based producer of farmed salmon, distributing salmon and other processed seafood globally. The company focuses on producing high-quality fish by producing its fish eggs and nurturing the fish in the early stages of their life. It operates in three business segments: Feed, Farming, and Sales & Marketing. Fish feed production comprises its two feed plants in Norway and Scotland. Farming includes a single operating segment composed of farming operations in Norway, Scotland, Canada, Chile, Ireland, the Faroe Islands, and Iceland, and Sales and Marketing is composed of two operating segments: Markets and Consumer Products. A majority of the company's revenue is generated from the Sales and Marketing business. Geographically, it derives maximum revenue from Europe.
91GF Score

Get the complete analysis for STU:PND

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

€18.89
Price
€18.96
GF Value