L E Lundbergforetagen AB (CHIX:LUNDBS) Cyclically Adjusted PB Ratio: (As of Sep. 21, 2026)

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

CHIX:LUNDBS L E Lundbergforetagen AB CHIX:LUNDBS
69 GF Score
Price kr564.25
GF Value kr511.75
Valuation Fairly Valued
! 7 Warning Signs
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What is L E Lundbergforetagen AB Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


L E Lundbergforetagen AB  (CHIX:LUNDBs) 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.


L E Lundbergforetagen AB Cyclically Adjusted PB Ratio Related Terms


L E Lundbergforetagen AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for L E Lundbergforetagen AB'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.

L E Lundbergforetagen AB Cyclically Adjusted PB Ratio Chart

L E Lundbergforetagen AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.26 0.92 0.93 0.91 0.82

L E Lundbergforetagen AB Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.88 0.84 0.85 0.87 0.89

CHIX:LUNDBS vs MMM, HON: Cyclically Adjusted PB Ratio Comparison

For the Conglomerates subindustry, L E Lundbergforetagen 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.


L E Lundbergforetagen AB Cyclically Adjusted PB Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, L E Lundbergforetagen AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


CHIX:LUNDBS
69GF Score
L E Lundbergforetagen AB CHIX:LUNDBS
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

L E Lundbergforetagen AB 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.

L E Lundbergforetagen AB's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, L E Lundbergforetagen AB'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)
=775.613/134.6100*134.6100
=775.613

Current CPI (Jun. 2026) = 134.6100.

L E Lundbergforetagen AB Quarterly Data

Book Value per Share CPI Adj_Book
201609 319.500 101.138 425.242
201612 338.871 102.022 447.116
201703 349.371 102.022 460.970
201706 357.024 102.752 467.717
201709 363.746 103.279 474.093
201712 368.355 103.793 477.724
201803 374.867 103.962 485.379
201806 384.540 104.875 493.570
201809 397.552 105.679 506.388
201812 386.468 105.912 491.187
201903 407.415 105.886 517.935
201906 413.653 106.742 521.651
201909 412.887 107.214 518.391
201912 505.685 107.766 631.649
202003 478.867 106.563 604.904
202006 496.927 107.498 622.258
202009 499.899 107.635 625.181
202012 519.044 108.296 645.164
202103 544.952 108.360 676.969
202106 546.153 108.928 674.922
202109 546.710 110.338 666.973
202112 593.407 112.486 710.120
202203 577.302 114.825 676.773
202206 578.310 118.384 657.577
202209 587.762 122.296 646.943
202212 620.722 126.365 661.222
202303 618.770 127.042 655.632
202306 612.198 129.407 636.815
202309 614.230 130.224 634.920
202312 646.500 131.912 659.724
202403 664.415 132.205 676.500
202406 652.669 132.716 661.983
202409 667.153 132.304 678.780
202412 672.202 132.987 680.405
202503 681.181 132.825 690.338
202506 685.335 133.699 690.005
202509 701.782 133.480 707.723
202512 722.044 133.380 728.703
202603 743.810 133.550 749.714
202606 775.613 134.610 775.613

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.

Is L E Lundbergforetagen AB (CHIX:LUNDBS) Overvalued in 2026?

Based on GuruFocus' analysis, L E Lundbergforetagen AB stock appears to be overvalued. The current stock price of kr564.25 is trading 10.3% above its estimated GF Value™ of kr511.75. GuruFocus considers L E Lundbergforetagen AB to be Fairly Valued.

Key valuation signals for CHIX:LUNDBS:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: kr511.75 vs. price of kr564.25 (10.3% above fair value)
  • GF Score™: 69/100 with 7 warning signs

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


L E Lundbergforetagen AB Business Description

Address Hovslagargatan 5B, PO Box 14048, Stockholm, SWE, 104 40
L E Lundbergforetagen AB is an investment holding company with a long-term, activist orientation. Its portfolio includes a wholly owned unlisted real estate entity, publicly-traded subsidiaries, and other shareholdings. Lundberg's investment objective is to generate returns on capital that over time substantially exceed the yield on a risk-free, interest-bearing instrument. Real estate operations, which the company has conducted through subsidiaries for decades, account for nearly half of the company's net asset value. Lundberg exercises activism through board representation on all of its portfolio companies. It supports its capital allocation program by maintaining low levels of indebtedness on its balance sheet.
69GF Score

Get the complete analysis for CHIX:LUNDBS

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

kr564.25
Price
kr511.75
GF Value