Lovisagruvan AB (XSAT:LOVI) Cyclically Adjusted Book per Share: kr10.41 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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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.

XSAT:LOVI Lovisagruvan AB XSAT:LOVI
60 GF Score
Price kr9.74
GF Value kr20.68
Valuation Possible Value Trap
! 6 Warning Signs
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What is Lovisagruvan AB Cyclically Adjusted Book per Share?

Lovisagruvan AB XSAT:LOVI -3.08% 60 Cyclically Adjusted Book per Share is kr10.41 as of Mar. 2026. GuruFocus rates XSAT:LOVI with a GF Score™ of 60/100 and a GF Value™ of kr20.68 (Possible Value Trap). 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.

Lovisagruvan AB's adjusted book value per share for the three months ended in Mar. 2026 was kr11.224. 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 kr10.41 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Lovisagruvan AB's average Cyclically Adjusted Book Growth Rate was 3.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.50% 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 Lovisagruvan AB was 9.30% per year. The lowest was 4.70% per year. And the median was 9.00% per year.

As of today (2026-07-20), Lovisagruvan AB's current stock price is kr9.74. Lovisagruvan AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was kr10.41. Lovisagruvan AB's Cyclically Adjusted PB Ratio of today is 0.94.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Lovisagruvan AB was 5.68. The lowest was 0.65. And the median was 3.21.


Lovisagruvan AB  (XSAT:LOVI) 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.

Lovisagruvan AB's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=9.74/10.41
=0.94

* 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 Lovisagruvan AB was 5.68. The lowest was 0.65. And the median was 3.21.


Be Aware

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


Lovisagruvan AB Cyclically Adjusted Book per Share Related Terms


Lovisagruvan AB Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Lovisagruvan AB'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.

Lovisagruvan AB Cyclically Adjusted Book per Share Chart

Lovisagruvan AB 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 7.65 8.95 9.56 9.98 10.28

Lovisagruvan AB Quarterly Data
Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 10.07 10.16 10.12 10.28 10.41

Lovisagruvan AB Cyclically Adjusted Book per Share Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Lovisagruvan AB'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.


Lovisagruvan AB Cyclically Adjusted PB Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Lovisagruvan AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


XSAT:LOVI
60GF Score
Lovisagruvan AB XSAT:LOVI
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lovisagruvan AB 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, Lovisagruvan AB's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=11.224/133.5600*133.5600
=11.224

Current CPI (Mar. 2026) = 133.5600.

Lovisagruvan AB Quarterly Data

Book Value per Share CPI Adj_Book
201312 4.942 100.541 6.565
201403 3.424 99.788 4.583
201406 4.595 100.432 6.111
201409 5.999 100.161 7.999
201412 4.622 100.225 6.159
201503 0.000 99.950 0.000
201506 4.273 99.995 5.707
201509 3.951 100.228 5.265
201512 11.486 100.276 15.299
201603 3.190 100.751 4.229
201606 2.663 101.019 3.521
201609 3.014 101.138 3.980
201612 12.904 102.022 16.893
201703 7.287 102.022 9.540
201706 6.731 102.752 8.749
201709 9.716 103.279 12.565
201712 16.607 103.793 21.370
201812 17.124 105.912 21.594
201912 15.871 107.766 19.670
202009 0.000 107.635 0.000
202012 14.982 108.296 18.477
202109 6.204 110.338 7.510
202112 7.749 112.486 9.201
202203 0.000 114.825 0.000
202206 0.000 118.384 0.000
202209 11.560 122.296 12.625
202212 10.895 126.365 11.515
202303 11.501 127.042 12.091
202306 10.155 129.407 10.481
202309 10.009 130.224 10.265
202312 9.335 131.912 9.452
202403 8.750 132.205 8.840
202406 9.439 132.716 9.499
202409 10.510 132.304 10.610
202412 12.474 132.987 12.528
202503 11.607 132.825 11.671
202506 9.184 133.699 9.174
202509 7.730 133.480 7.735
202512 12.174 133.390 12.190
202603 11.224 133.560 11.224

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 kr10.41 mean?
Lovisagruvan AB (XSAT:LOVI) has a Cyclically Adjusted Book per Share of kr10.41 as of Mar. 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 Lovisagruvan AB and its competitors.
Is Lovisagruvan AB's Cyclically Adjusted Book per Share too high?
Lovisagruvan AB's current Cyclically Adjusted Book per Share is kr10.41. Overall, Lovisagruvan AB has a GF Score™ of 60/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Lovisagruvan AB's Cyclically Adjusted Book per Share compare to competitors?
Lovisagruvan AB's Cyclically Adjusted Book per Share of kr10.41 can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Cyclically Adjusted Book per Share depends on the Metals & Mining 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 Lovisagruvan AB and its competitors. Lovisagruvan AB's current Cyclically Adjusted Book per Share is kr10.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lovisagruvan AB stock overvalued right now?
Based on GuruFocus' analysis, Lovisagruvan AB (XSAT:LOVI) is currently considered Possible Value Trap. The stock's GF Value™ is kr20.68, compared to a current price of kr9.74 — trading 52.9% below its estimated fair value. The current Cyclically Adjusted Book per Share is kr10.41. Lovisagruvan AB's overall GF Score™ is 60/100 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 Lovisagruvan AB (XSAT:LOVI), the current Cyclically Adjusted Book per Share is kr10.41 as of Mar. 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 Lovisagruvan AB (XSAT:LOVI) Overvalued in 2026?

Based on GuruFocus' analysis, Lovisagruvan AB stock appears to be undervalued. The current stock price of kr9.74 is trading 52.9% below its estimated GF Value™ of kr20.68. GuruFocus considers Lovisagruvan AB to be Possible Value Trap.

Key valuation signals for XSAT:LOVI:

  • Cyclically Adjusted Book per Share: kr10.41
  • GF Value™: kr20.68 vs. price of kr9.74 (52.9% below fair value)
  • GF Score™: 60/100 with 6 warning signs

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


Lovisagruvan AB Business Description

Address Lokevagen 21, Djursholm, SWE, 182 61
Lovisagruvan AB is engaged in the mining and prospecting operations in the area of Strassa, Sweden. It operates a deep mine with lead, zinc and silver mineralization in Strassa, Sweden. The company currently has a production rate of approximately 3500 tonnes per month.
60GF Score

Get the complete analysis for XSAT:LOVI

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

kr9.74
Price
kr20.68
GF Value