Leroy Seafood Group ASA (FRA:Z1L) Cyclically Adjusted Book per Share: €2.98 (As of Jun. 2026)

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FRA:Z1L Leroy Seafood Group ASA FRA:Z1L
81 GF Score
Price €4.01
GF Value €4.59
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Leroy Seafood Group ASA Cyclically Adjusted Book per Share?

Leroy Seafood Group ASA FRA:Z1L -2.95% 81 Cyclically Adjusted Book per Share is €2.98 as of Jun. 2026. GuruFocus rates FRA:Z1L with a GF Score™ of 81/100 and a GF Value™ of €4.59 (Modestly Undervalued). The stock has 6 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.

Leroy Seafood Group ASA's adjusted book value per share for the three months ended in Jun. 2026 was €2.640. 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 €2.98 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Leroy Seafood Group ASA's average Cyclically Adjusted Book Growth Rate was 6.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 11.20% 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 Leroy Seafood Group ASA was 13.60% per year. The lowest was 8.80% per year. And the median was 12.65% per year.

As of today (2026-09-14), Leroy Seafood Group ASA's current stock price is €4.014. Leroy Seafood Group ASA's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €2.98. Leroy Seafood Group ASA's Cyclically Adjusted PB Ratio of today is 1.35.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Leroy Seafood Group ASA was 5.25. The lowest was 1.17. And the median was 3.03.


Leroy Seafood Group ASA  (FRA:Z1L) 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.

Leroy Seafood Group ASA's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=4.014/2.98
=1.35

* 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 Leroy Seafood Group ASA was 5.25. The lowest was 1.17. And the median was 3.03.


Be Aware

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


Leroy Seafood Group ASA Cyclically Adjusted Book per Share Related Terms


Leroy Seafood Group ASA Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Leroy Seafood Group 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.

Leroy Seafood Group ASA Cyclically Adjusted Book per Share Chart

Leroy Seafood Group 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 2.18 2.39 2.46 2.56 2.74

Leroy Seafood Group 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 2.65 2.75 2.74 2.94 2.98

FRA:Z1L vs KHC, GIS, MKC: Cyclically Adjusted Book per Share Comparison

For the Packaged Foods subindustry, Leroy Seafood Group 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.


Leroy Seafood Group ASA Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

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

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


FRA:Z1L
81GF Score
Leroy Seafood Group ASA FRA:Z1L
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Leroy Seafood Group 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, Leroy Seafood Group 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)
=2.64/141.5800*141.5800
=2.640

Current CPI (Jun. 2026) = 141.5800.

Leroy Seafood Group ASA Quarterly Data

Book Value per Share CPI Adj_Book
201609 1.937 104.200 2.632
201612 2.332 104.400 3.162
201703 2.371 105.000 3.197
201706 2.342 105.800 3.134
201709 2.434 105.900 3.254
201712 2.321 106.100 3.097
201803 2.634 107.300 3.476
201806 2.697 108.500 3.519
201809 2.747 109.500 3.552
201812 2.764 109.800 3.564
201903 2.868 110.400 3.678
201906 2.775 110.600 3.552
201909 2.721 111.100 3.467
201912 2.822 111.300 3.590
202003 2.542 111.200 3.236
202006 2.594 112.100 3.276
202009 2.639 112.900 3.309
202012 2.657 112.900 3.332
202103 2.878 114.600 3.556
202106 2.837 115.300 3.484
202109 2.873 117.500 3.462
202112 3.011 118.900 3.585
202203 3.264 119.800 3.857
202206 3.076 122.600 3.552
202209 3.206 125.600 3.614
202212 3.162 125.900 3.556
202303 3.101 127.600 3.441
202306 2.621 130.400 2.846
202309 2.616 129.800 2.853
202312 2.728 131.900 2.928
202403 2.802 132.600 2.992
202406 2.699 133.800 2.856
202409 2.615 133.700 2.769
202412 2.860 134.800 3.004
202503 2.837 136.100 2.951
202506 2.636 137.800 2.708
202509 2.677 138.500 2.737
202512 2.667 139.100 2.715
202603 2.859 141.030 2.870
202606 2.640 141.580 2.640

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 €2.98 mean?
Leroy Seafood Group ASA (FRA:Z1L) has a Cyclically Adjusted Book per Share of €2.98 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 Leroy Seafood Group ASA and its competitors.
Is Leroy Seafood Group ASA's Cyclically Adjusted Book per Share too high?
Leroy Seafood Group ASA's current Cyclically Adjusted Book per Share is €2.98. Overall, Leroy Seafood Group ASA has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Leroy Seafood Group ASA's Cyclically Adjusted Book per Share compare to KHC and GIS?
Leroy Seafood Group ASA's Cyclically Adjusted Book per Share of €2.98 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 Leroy Seafood Group ASA and its competitors. Leroy Seafood Group ASA's current Cyclically Adjusted Book per Share is €2.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Leroy Seafood Group ASA stock overvalued right now?
Based on GuruFocus' analysis, Leroy Seafood Group ASA (FRA:Z1L) is currently considered Modestly Undervalued. The stock's GF Value™ is €4.59, compared to a current price of €4.01 — trading 12.5% below its estimated fair value. The current Cyclically Adjusted Book per Share is €2.98. Leroy Seafood Group ASA's overall GF Score™ is 81/100 with 6 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 Leroy Seafood Group ASA (FRA:Z1L), the current Cyclically Adjusted Book per Share is €2.98 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 Leroy Seafood Group ASA (FRA:Z1L) Overvalued in 2026?

Based on GuruFocus' analysis, Leroy Seafood Group ASA stock appears to be undervalued. The current stock price of €4.01 is trading 12.5% below its estimated GF Value™ of €4.59. GuruFocus considers Leroy Seafood Group ASA to be Modestly Undervalued.

Key valuation signals for FRA:Z1L:

  • Cyclically Adjusted Book per Share: €2.98
  • GF Value™: €4.59 vs. price of €4.01 (12.5% below fair value)
  • GF Score™: 81/100 with 6 warning signs

No single metric tells the full story. See the FRA:Z1L stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Leroy Seafood Group ASA Business Description

Address Thormohlens gate 51 B, P.O.Box 7600, Bergen, NOR, N- 5006
Leroy Seafood Group ASA is a seafood producer, originally from Norway. The company's core activities are distribution, sale, and marketing of seafood, processed seafood, salmon, fjord trout, cod, saithe, mackerel, herring, sushi, shellfish, and other species. Leroy Seafood Group serves hotels, restaurants, and retail segments with fresh, frozen, smoked, and marinated seafood products. Its main brands are Aurora Salmon, Artic Supreme, Fossen Fjord Fish, Leroj Fjord Trout, Leroy Sushi, and Leroy King Crab.
81GF Score

Get the complete analysis for FRA:Z1L

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

€4.01
Price
€4.59
GF Value