Jyske Bank AS (LTS:0MGD) Cyclically Adjusted Book per Share: kr642.38 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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.

LTS:0MGD Jyske Bank AS LTS:0MGD
55 GF Score
Price kr1,078.50
GF Value kr628.43
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Jyske Bank AS Cyclically Adjusted Book per Share?

Jyske Bank AS LTS:0MGD -0.32% 55 Cyclically Adjusted Book per Share is kr642.38 as of Jun. 2026. GuruFocus rates LTS:0MGD with a GF Score™ of 55/100 and a GF Value™ of kr628.43 (Significantly Overvalued). 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.

Jyske Bank AS's adjusted book value per share for the three months ended in Jun. 2026 was kr908.753. 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 kr642.38 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Jyske Bank AS's average Cyclically Adjusted Book Growth Rate was 10.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 10.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 12.40% 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 Jyske Bank AS was 13.40% per year. The lowest was 8.60% per year. And the median was 11.70% per year.

As of today (2026-08-31), Jyske Bank AS's current stock price is kr1078.50. Jyske Bank AS's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was kr642.38. Jyske Bank AS's Cyclically Adjusted PB Ratio of today is 1.68.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Jyske Bank AS was 1.69. The lowest was 0.48. And the median was 0.99.


Jyske Bank AS  (LTS:0MGD) 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.

Jyske Bank AS's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1078.50/642.38
=1.68

* 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 Jyske Bank AS was 1.69. The lowest was 0.48. And the median was 0.99.


Be Aware

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


Jyske Bank AS Cyclically Adjusted Book per Share Related Terms


Jyske Bank AS Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Jyske Bank AS'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.

Jyske Bank AS Cyclically Adjusted Book per Share Chart

Jyske Bank AS 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 384.48 452.31 494.13 548.66 608.67

Jyske Bank AS 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 582.99 599.07 608.67 624.84 642.38

Jyske Bank AS Cyclically Adjusted Book per Share Competitor Comparison

For the Banks - Regional subindustry, Jyske Bank AS'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.


Jyske Bank AS Cyclically Adjusted PB Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Jyske Bank AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


LTS:0MGD
55GF Score
Jyske Bank AS LTS:0MGD
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jyske Bank AS 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, Jyske Bank AS'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)
=908.753/122.9700*122.9700
=908.753

Current CPI (Jun. 2026) = 122.9700.

Jyske Bank AS Quarterly Data

Book Value per Share CPI Adj_Book
201609 349.959 100.200 429.486
201612 364.507 100.300 446.894
201703 370.090 101.200 449.703
201706 371.596 101.200 451.533
201709 393.013 101.800 474.743
201712 388.116 101.300 471.141
201803 400.582 101.700 484.362
201806 409.947 102.300 492.778
201809 411.808 102.400 494.532
201812 420.761 102.100 506.768
201903 428.013 102.900 511.494
201906 449.032 102.900 536.613
201909 459.860 102.900 549.553
201912 477.145 102.900 570.209
202003 473.168 103.300 563.267
202006 485.067 103.200 577.991
202009 493.887 103.500 586.795
202012 504.900 103.400 600.460
202103 518.990 104.300 611.891
202106 553.091 105.000 647.749
202109 545.873 105.800 634.461
202112 564.063 106.600 650.683
202203 582.447 109.900 651.715
202206 599.888 113.600 649.368
202209 608.249 116.400 642.581
202212 632.280 115.900 670.850
202303 651.731 117.300 683.234
202306 669.613 116.400 707.408
202309 694.131 117.400 727.064
202312 714.135 116.700 752.504
202403 760.103 118.400 789.441
202406 771.759 118.500 800.871
202409 802.005 118.900 829.458
202412 822.569 118.900 850.726
202503 818.075 120.200 836.927
202506 843.165 120.700 859.022
202509 868.517 121.600 878.302
202512 894.375 121.200 907.436
202603 885.704 121.680 895.094
202606 908.753 122.970 908.753

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 kr642.38 mean?
Jyske Bank AS (LTS:0MGD) has a Cyclically Adjusted Book per Share of kr642.38 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 Jyske Bank AS and its competitors.
Is Jyske Bank AS's Cyclically Adjusted Book per Share too high?
Jyske Bank AS's current Cyclically Adjusted Book per Share is kr642.38. Overall, Jyske Bank AS has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jyske Bank AS's Cyclically Adjusted Book per Share compare to competitors?
Jyske Bank AS's Cyclically Adjusted Book per Share of kr642.38 can be compared against companies in the Banks 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 Banks company?
A good Cyclically Adjusted Book per Share depends on the Banks 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 Jyske Bank AS and its competitors. Jyske Bank AS's current Cyclically Adjusted Book per Share is kr642.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jyske Bank AS stock overvalued right now?
Based on GuruFocus' analysis, Jyske Bank AS (LTS:0MGD) is currently considered Significantly Overvalued. The stock's GF Value™ is kr628.43, compared to a current price of kr1,078.50 — trading 71.6% above its estimated fair value. The current Cyclically Adjusted Book per Share is kr642.38. Jyske Bank AS's overall GF Score™ is 55/100 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 Jyske Bank AS (LTS:0MGD), the current Cyclically Adjusted Book per Share is kr642.38 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 Jyske Bank AS (LTS:0MGD) Overvalued in 2026?

Based on GuruFocus' analysis, Jyske Bank AS stock appears to be overvalued. The current stock price of kr1,078.50 is trading 71.6% above its estimated GF Value™ of kr628.43. GuruFocus considers Jyske Bank AS to be Significantly Overvalued.

Key valuation signals for LTS:0MGD:

  • Cyclically Adjusted Book per Share: kr642.38
  • GF Value™: kr628.43 vs. price of kr1,078.50 (71.6% above fair value)
  • GF Score™: 55/100 with 6 warning signs

No single metric tells the full story. See the LTS:0MGD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jyske Bank AS Business Description

Address Vestergade 8-16, Silkeborg, DNK, 8600
Jyske Bank AS is engaged in banking activities. Its subsidiaries provide other financial or accessory services. The company conducts mortgage-credit activities through Jyske Realkredit. The group's primary focus is Danish small and midsize enterprise and retail clients. Through its retail and commercial banking activities, Jyske offers a full range of financial services. Its segment consists of Banking Activities, Mortgage Activities, and Leasing Activities. The company operates in Denmark and Germany, where it earns the majority of its revenue from Denmark.
55GF Score

Get the complete analysis for LTS:0MGD

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

kr1,078.50
Price
kr628.43
GF Value