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Luxor A/S (LTS:0F5M) Cyclically Adjusted PB Ratio : 1.13 (As of May. 15, 2024)


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What is Luxor A/S Cyclically Adjusted PB Ratio?

As of today (2024-05-15), Luxor A/S's current share price is kr525.00. Luxor A/S's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was kr466.42. Luxor A/S's Cyclically Adjusted PB Ratio for today is 1.13.

The historical rank and industry rank for Luxor A/S's Cyclically Adjusted PB Ratio or its related term are showing as below:

LTS:0F5M' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.77   Med: 0.99   Max: 1.87
Current: 1.01

During the past years, Luxor A/S's highest Cyclically Adjusted PB Ratio was 1.87. The lowest was 0.77. And the median was 0.99.

LTS:0F5M's Cyclically Adjusted PB Ratio is ranked worse than
55.78% of 1185 companies
in the Banks industry
Industry Median: 0.93 vs LTS:0F5M: 1.01

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.

Luxor A/S's adjusted book value per share data for the three months ended in Dec. 2023 was kr528.096. 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 kr466.42 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Luxor A/S Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Luxor A/S's Cyclically Adjusted PB Ratio 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.

* Premium members only.

Luxor A/S Cyclically Adjusted PB Ratio Chart

Luxor A/S Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.88 0.93 1.20 1.72 1.17

Luxor A/S Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted PB Ratio 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 1.73 1.38 1.25 1.17 1.13

Competitive Comparison of Luxor A/S's Cyclically Adjusted PB Ratio

For the Mortgage Finance subindustry, Luxor A/S'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.


Luxor A/S's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Luxor A/S's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Luxor A/S's Cyclically Adjusted PB Ratio falls into.



Luxor A/S Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Luxor A/S's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=525.00/466.42
=1.13

* 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.

Luxor A/S's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Luxor A/S's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=528.096/116.7000*116.7000
=528.096

Current CPI (Dec. 2023) = 116.7000.

Luxor A/S Quarterly Data

Book Value per Share CPI Adj_Book
201403 493.327 99.600 578.025
201406 504.295 99.700 590.283
201409 500.336 99.700 585.649
201412 487.733 99.400 572.620
201503 435.242 100.200 506.914
201506 445.142 100.300 517.927
201509 429.445 100.200 500.162
201512 420.473 99.800 491.675
201603 332.172 100.200 386.871
201606 423.436 100.600 491.203
201609 431.941 100.200 503.069
201612 444.101 100.300 516.716
201703 423.708 101.200 488.604
201706 422.842 101.200 487.605
201709 426.970 101.800 489.464
201712 429.743 101.300 495.074
201803 409.162 101.700 469.510
201806 415.224 102.300 473.672
201809 428.566 102.400 488.415
201812 433.481 102.100 495.468
201903 408.633 102.900 463.435
201906 415.584 102.900 471.318
201909 419.187 102.900 475.404
201912 436.080 102.900 494.563
202003 344.540 103.300 389.233
202006 424.760 103.200 480.325
202009 434.977 103.500 490.452
202012 448.073 103.400 505.707
202103 442.536 104.300 495.148
202106 458.962 105.000 510.103
202109 476.702 105.800 525.814
202112 498.041 106.600 545.229
202203 476.908 109.900 506.416
202206 549.552 113.600 564.549
202209 552.716 116.400 554.141
202212 560.362 115.900 564.230
202303 511.219 117.300 508.604
202306 526.695 116.400 528.052
202309 529.259 117.400 526.103
202312 528.096 116.700 528.096

Add all the adjusted book value per share together and divide the count will get our 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.


Luxor A/S  (LTS:0F5M) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Luxor A/S Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Luxor A/S's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Luxor A/S (LTS:0F5M) Business Description

Industry
Traded in Other Exchanges
Address
Frederiksborggade, 4th floor, Copenhagen, DNK, 1360
Luxor A/S is an investment company. Its objective is to create the possible long-term return for shareholders through investment for equity and foreign capital within the defined risk framework. The company operates through four segments namely Mortgage deeds, Bonds, Shares and Investment properties. Its mortgage deed portfolio comprises of single family-houses, flats, cooperative housing, holiday houses, farms, and residential and business properties. The bond portfolio includes various corporate bonds. Its investment property portfolio consists of offices, shops, warehouses and production facilities.

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