Larkberget AB (FRA:COJ0) Cyclically Adjusted PB Ratio: 0.34 (As of Aug. 25, 2026) — 10% Above Median

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FRA:COJ0 Larkberget AB FRA:COJ0
31 GF Score
Price €0.15
! 3 Warning Signs
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What is Larkberget AB Cyclically Adjusted PB Ratio?

Larkberget AB FRA:COJ0 +1.33% 31 Cyclically Adjusted PB Ratio is 0.34 as of Aug. 25, 2026, which is 10% above its 10-year median of 0.31. GuruFocus rates FRA:COJ0 with a GF Score™ of 31/100. The stock has 3 warning signs investors should review. Among 983 Asset Management companies, Larkberget AB ranks better than 84.94% on this metric.

As of today (2026-08-25), Larkberget AB's current share price is €0.1525. Larkberget AB's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was €0.45. Larkberget AB's Cyclically Adjusted PB Ratio for today is 0.34.

The historical rank and industry rank for Larkberget AB's Cyclically Adjusted PB Ratio or its related term are showing as below:

FRA:COJ0' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.25   Med: 0.31   Max: 0.35
Current: 0.35

During the past 11 years, Larkberget AB's highest Cyclically Adjusted PB Ratio was 0.35. The lowest was 0.25. And the median was 0.31.

FRA:COJ0's Cyclically Adjusted PB Ratio is ranked better than
84.94% of 983 companies
in the Asset Management industry
Industry Median: 0.85 vs FRA:COJ0: 0.35

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.

Larkberget AB's adjusted book value per share data of for the fiscal year that ended in Dec25 was €0.258. 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 €0.45 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Larkberget AB  (FRA:COJ0) 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.


Larkberget AB Cyclically Adjusted PB Ratio Related Terms


Larkberget AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Larkberget 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.

Larkberget AB Cyclically Adjusted PB Ratio Chart

Larkberget 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 0.00 0.00 0.00 0.32 0.35

Larkberget AB Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.00 0.00 0.32 0.00 0.35

FRA:COJ0 vs BLK, BX, KKR: Cyclically Adjusted PB Ratio Comparison

For the Asset Management subindustry, Larkberget 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.


Larkberget AB Cyclically Adjusted PB Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Larkberget AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:COJ0
31GF Score
Larkberget AB FRA:COJ0
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Larkberget 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.

Larkberget AB's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.1525/0.45
=0.34

* 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.

Larkberget AB's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Larkberget AB's adjusted Book Value per Share data for the fiscal year that ended in Dec25 was:

Adj_Book=Book Value per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=0.258/133.3900*133.3900
=0.258

Current CPI (Dec25) = 133.3900.

Larkberget AB Annual Data

Book Value per Share CPI Adj_Book
201612 0.391 102.022 0.511
201712 0.434 103.793 0.558
201812 0.748 105.912 0.942
201912 0.525 107.766 0.650
202012 0.593 108.296 0.730
202112 0.778 112.486 0.923
202212 0.699 126.365 0.738
202312 0.526 131.912 0.532
202412 0.315 132.987 0.316
202512 0.258 133.390 0.258

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.

What does a Cyclically Adjusted PB Ratio of 0.34 mean?
Larkberget AB (FRA:COJ0) has a Cyclically Adjusted PB Ratio of 0.34 as of Aug. 25, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Larkberget AB and its competitors. This is 10% above median its historical median of 0.31. Over the past decade, Larkberget AB's Cyclically Adjusted PB Ratio has ranged from 0.25 to 0.35. According to the industry distribution chart, Larkberget AB ranks #148 out of 983 companies in the Asset Management industry, placing it in the top 15.1%.
Is Larkberget AB's Cyclically Adjusted PB Ratio too high?
Larkberget AB's current Cyclically Adjusted PB Ratio of 0.34 is 10% above median its 10-year median of 0.31. Over the past 10 years, this metric has ranged from a low of 0.25 to a high of 0.35. The Asset Management industry median Cyclically Adjusted PB Ratio is 0.85. Larkberget AB's value of 0.34 is 60% below this industry median. Based on the distribution chart, Larkberget AB ranks #148 out of 983 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Larkberget AB has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Larkberget AB's Cyclically Adjusted PB Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Larkberget AB ranks #148 out of 983 companies for Cyclically Adjusted PB Ratio. This places Larkberget AB in the top 15% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 0.85. Larkberget AB's value of 0.34 is 60% below this benchmark. Historically, Larkberget AB's own Cyclically Adjusted PB Ratio has ranged from 0.25 to 0.35 over the past decade. While the company's 10-year median is 0.31 vs. the industry median of 0.85, Larkberget AB has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for an Asset Management company?
The median Cyclically Adjusted PB Ratio among Asset Management companies is 0.85, based on 983 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Larkberget AB's current Cyclically Adjusted PB Ratio of 0.34 is 60% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Larkberget AB and its competitors. For the Asset Management industry, the median Cyclically Adjusted PB Ratio is 0.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Larkberget AB's current Cyclically Adjusted PB Ratio is 0.34, which is 10% above median its own 10-year median of 0.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Larkberget AB stock overvalued right now?
Larkberget AB (FRA:COJ0) has a current Cyclically Adjusted PB Ratio of 0.34. The current Cyclically Adjusted PB Ratio is 0.34, which is 10% above median its 10-year median of 0.31 and 60% below the Asset Management industry median of 0.85. Larkberget AB's overall GF Score™ is 31/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Larkberget AB (FRA:COJ0), the current Cyclically Adjusted PB Ratio is 0.34 as of Aug. 25, 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.

Larkberget AB Business Description

Other Exchanges LARK:Sweden
Address Nybrogatan 7, Stockholm, SWE, SE-114 34
Larkberget AB is an investment company with a focus on long-term investments and sustainable value growth for shareholders. Its investment mandate, divided into four main areas of operation Direct investments in low-risk instruments, Financial investments, Direct investments in unlisted profitable companies, and Reverse acquisition platform.
31GF Score

Get the complete analysis for FRA:COJ0

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

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