LeoNovus (FRA:LE4A) Cyclically Adjusted PB Ratio: 1.80 (As of Sep. 15, 2026)

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FRA:LE4A LeoNovus Inc FRA:LE4A
14 GF Score
Price €0.02
GF Value €0.07
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What is LeoNovus Cyclically Adjusted PB Ratio?

LeoNovus FRA:LE4A 14 Cyclically Adjusted PB Ratio is 1.80 as of Sep. 15, 2026. GuruFocus rates FRA:LE4A with a GF Score™ of 14/100 and a GF Value™ of €0.07.

As of today (2026-09-15), LeoNovus's current share price is €0.018. LeoNovus's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €0.01. LeoNovus's Cyclically Adjusted PB Ratio for today is 1.80.

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

FRA:LE4A' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 1.44
Current: 1.44

During the past years, LeoNovus's highest Cyclically Adjusted PB Ratio was 1.44. The lowest was 0.00. And the median was 0.00.

FRA:LE4A's Cyclically Adjusted PB Ratio is not ranked
in the Software industry.
Industry Median: 2.34 vs FRA:LE4A: 1.44

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.

LeoNovus's adjusted book value per share data for the three months ended in Jun. 2026 was €-0.102. 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 €0.01 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


LeoNovus  (FRA:LE4A) 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.


LeoNovus Cyclically Adjusted PB Ratio Related Terms


LeoNovus Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for LeoNovus'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.

LeoNovus Cyclically Adjusted PB Ratio Chart

LeoNovus 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 0.00 0.00

LeoNovus 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 0.00 0.00 0.00 224.02 1.44

FRA:LE4A vs CRM, INTU, NOW: Cyclically Adjusted PB Ratio Comparison

For the Software - Application subindustry, LeoNovus'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.


LeoNovus Cyclically Adjusted PB Ratio vs Software Industry

For the Software industry and Technology sector, LeoNovus's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:LE4A
14GF Score
LeoNovus Inc FRA:LE4A
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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LeoNovus 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.

LeoNovus's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.018/0.01
=1.80

* 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.

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

For example, LeoNovus'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)
=-0.102/133.5265*133.5265
=-0.102

Current CPI (Jun. 2026) = 133.5265.

LeoNovus Quarterly Data

Book Value per Share CPI Adj_Book
201609 -0.673 101.765 -0.883
201612 -0.744 101.449 -0.979
201703 -0.482 102.634 -0.627
201706 -0.506 103.029 -0.656
201709 -0.339 103.345 -0.438
201712 0.796 103.345 1.028
201803 0.700 105.004 0.890
201806 0.620 105.557 0.784
201809 0.523 105.636 0.661
201812 0.407 105.399 0.516
201903 0.314 106.979 0.392
201906 0.246 107.690 0.305
201909 0.165 107.611 0.205
201912 0.074 107.769 0.092
202003 0.021 107.927 0.026
202006 -0.003 108.401 -0.004
202009 -0.035 108.164 -0.043
202012 0.035 108.559 0.043
202103 0.010 110.298 0.012
202106 0.084 111.720 0.100
202109 0.065 112.905 0.077
202112 0.047 113.774 0.055
202203 0.028 117.646 0.032
202206 0.009 120.806 0.010
202209 -0.004 120.648 -0.004
202212 -0.053 120.964 -0.059
202303 -0.031 122.702 -0.034
202306 -0.038 124.203 -0.041
202309 -0.043 125.230 -0.046
202312 -0.051 125.072 -0.054
202403 -0.056 126.258 -0.059
202406 -0.062 127.522 -0.065
202409 -0.066 127.285 -0.069
202412 -0.072 127.364 -0.075
202503 -0.075 129.181 -0.078
202506 -0.078 129.892 -0.080
202509 -0.081 130.287 -0.083
202512 -0.091 130.366 -0.093
202603 -0.097 132.262 -0.098
202606 -0.102 133.527 -0.102

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 1.80 mean?
LeoNovus (FRA:LE4A) has a Cyclically Adjusted PB Ratio of 1.80 as of Sep. 15, 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 LeoNovus and its competitors.
Is LeoNovus' Cyclically Adjusted PB Ratio too high?
LeoNovus' current Cyclically Adjusted PB Ratio is 1.80. The Software industry median Cyclically Adjusted PB Ratio is 2.34. LeoNovus' value of 1.80 is 23.1% below this industry median. Overall, LeoNovus has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does LeoNovus' Cyclically Adjusted PB Ratio compare to CRM and INTU?
LeoNovus' Cyclically Adjusted PB Ratio of 1.80 can be compared against companies in the Software industry. The industry median Cyclically Adjusted PB Ratio is 2.34. LeoNovus' value of 1.80 is 23.1% below this benchmark. 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 a Software company?
The median Cyclically Adjusted PB Ratio among Software companies is 2.34, based on 1,464 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. LeoNovus's current Cyclically Adjusted PB Ratio of 1.80 is 23.1% 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 LeoNovus and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. LeoNovus's current Cyclically Adjusted PB Ratio is 1.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LeoNovus stock overvalued right now?
LeoNovus (FRA:LE4A) has a current Cyclically Adjusted PB Ratio of 1.80. The stock's GF Value™ is €0.07, compared to a current price of €0.02 — trading 74.3% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.80 and 23.1% below the Software industry median of 2.34. LeoNovus' overall GF Score™ is 14/100. 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 LeoNovus (FRA:LE4A), the current Cyclically Adjusted PB Ratio is 1.80 as of Sep. 15, 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 LeoNovus (FRA:LE4A) Overvalued in 2026?

Based on GuruFocus' analysis, LeoNovus stock appears to be undervalued. The current stock price of €0.02 is trading 74.3% below its estimated GF Value™ of €0.07.

Key valuation signals for FRA:LE4A:

  • Cyclically Adjusted PB Ratio: 1.80
  • GF Value™: €0.07 vs. price of €0.02 (74.3% below fair value)
  • GF Score™: 14/100
  • Industry Position: 23.1% below the Software median

No single metric tells the full story. See the FRA:LE4A stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


LeoNovus Business Description

Address 2611 Queensview Drive, Suite 125, Ottawa, ON, CAN, K2B 8K2
LeoNovus Inc s is a secure data management software company. The Leonovus suite of data management tools offers customers a complete end-to-end data-centric solution. This solution can stand on its own, or it can be integrated with the organization's zero-trust plan and architecture. It takes seamless advantage of the organization's existing storage infrastructure and network architecture, working on-premises, in the cloud, or both, and extends the data-centric controls across the entire architecture, including cloud resources.
14GF Score

Get the complete analysis for FRA:LE4A

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

€0.02
Price
€0.07
GF Value