Leroy Seafood Group ASA (FRA:Z1L) Cyclically Adjusted PB Ratio: 1.28 (As of Jul. 31, 2026) — 58% Below Median

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FRA:Z1L Leroy Seafood Group ASA FRA:Z1L
77 GF Score
Price €3.77
GF Value €4.64
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Leroy Seafood Group ASA Cyclically Adjusted PB Ratio?

Leroy Seafood Group ASA FRA:Z1L -0.58% 77 Cyclically Adjusted PB Ratio is 1.28 as of Jul. 31, 2026, which is 58% below its 10-year median of 3.06. GuruFocus rates FRA:Z1L with a GF Score™ of 77/100 and a GF Value™ of €4.64 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 1,430 Consumer Packaged Goods companies, Leroy Seafood Group ASA ranks better than 50.77% on this metric.

As of today (2026-07-31), Leroy Seafood Group ASA's current share price is €3.768. Leroy Seafood Group ASA's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €2.94. Leroy Seafood Group ASA's Cyclically Adjusted PB Ratio for today is 1.28.

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

FRA:Z1L' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.18   Med: 3.06   Max: 5.25
Current: 1.26

During the past years, Leroy Seafood Group ASA's highest Cyclically Adjusted PB Ratio was 5.25. The lowest was 1.18. And the median was 3.06.

FRA:Z1L's Cyclically Adjusted PB Ratio is ranked better than
50.77% of 1430 companies
in the Consumer Packaged Goods industry
Industry Median: 1.25 vs FRA:Z1L: 1.26

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.

Leroy Seafood Group ASA's adjusted book value per share data for the three months ended in Mar. 2026 was €2.859. 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 €2.94 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Leroy Seafood Group ASA  (FRA:Z1L) 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.


Leroy Seafood Group ASA Cyclically Adjusted PB Ratio Related Terms


Leroy Seafood Group ASA Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Leroy Seafood Group ASA'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.

Leroy Seafood Group ASA Cyclically Adjusted PB Ratio Chart

Leroy Seafood Group ASA 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 3.13 2.17 1.48 1.62 1.55

Leroy Seafood Group ASA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.59 1.50 1.53 1.55 1.47

FRA:Z1L vs KHC, GIS, HRL: Cyclically Adjusted PB Ratio Comparison

For the Packaged Foods subindustry, Leroy Seafood Group ASA'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.


Leroy Seafood Group ASA Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Leroy Seafood Group ASA's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Leroy Seafood Group ASA's Cyclically Adjusted PB Ratio falls into.


FRA:Z1L
77GF Score
Leroy Seafood Group ASA FRA:Z1L
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Leroy Seafood Group ASA 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.

Leroy Seafood Group ASA's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.768/2.94
=1.28

* 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.

Leroy Seafood Group ASA's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Leroy Seafood Group ASA'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)
=2.859/141.0300*141.0300
=2.859

Current CPI (Mar. 2026) = 141.0300.

Leroy Seafood Group ASA Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.854 103.800 2.519
201609 1.937 104.200 2.622
201612 2.332 104.400 3.150
201703 2.371 105.000 3.185
201706 2.342 105.800 3.122
201709 2.434 105.900 3.241
201712 2.321 106.100 3.085
201803 2.634 107.300 3.462
201806 2.697 108.500 3.506
201809 2.747 109.500 3.538
201812 2.764 109.800 3.550
201903 2.868 110.400 3.664
201906 2.775 110.600 3.539
201909 2.721 111.100 3.454
201912 2.822 111.300 3.576
202003 2.542 111.200 3.224
202006 2.594 112.100 3.263
202009 2.639 112.900 3.297
202012 2.657 112.900 3.319
202103 2.878 114.600 3.542
202106 2.837 115.300 3.470
202109 2.873 117.500 3.448
202112 3.011 118.900 3.571
202203 3.264 119.800 3.842
202206 3.076 122.600 3.538
202209 3.206 125.600 3.600
202212 3.162 125.900 3.542
202303 3.101 127.600 3.427
202306 2.621 130.400 2.835
202309 2.616 129.800 2.842
202312 2.728 131.900 2.917
202403 2.802 132.600 2.980
202406 2.699 133.800 2.845
202409 2.615 133.700 2.758
202412 2.860 134.800 2.992
202503 2.837 136.100 2.940
202506 2.636 137.800 2.698
202509 2.677 138.500 2.726
202512 2.667 139.100 2.704
202603 2.859 141.030 2.859

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 1.28 mean?
Leroy Seafood Group ASA (FRA:Z1L) has a Cyclically Adjusted PB Ratio of 1.28 as of Jul. 31, 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 Leroy Seafood Group ASA and its competitors. This is 58% below median its historical median of 3.06. Over the past decade, Leroy Seafood Group ASA's Cyclically Adjusted PB Ratio has ranged from 1.18 to 5.25. According to the industry distribution chart, Leroy Seafood Group ASA ranks #704 out of 1430 companies in the Consumer Packaged Goods industry, placing it in the top 49.2%.
Is Leroy Seafood Group ASA's Cyclically Adjusted PB Ratio too high?
Leroy Seafood Group ASA's current Cyclically Adjusted PB Ratio of 1.28 is 58% below median its 10-year median of 3.06. Over the past 10 years, this metric has ranged from a low of 1.18 to a high of 5.25. The Consumer Packaged Goods industry median Cyclically Adjusted PB Ratio is 1.25. Leroy Seafood Group ASA's value of 1.28 is 2.4% above this industry median. Based on the distribution chart, Leroy Seafood Group ASA ranks #704 out of 1430 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Leroy Seafood Group ASA has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Leroy Seafood Group ASA's Cyclically Adjusted PB Ratio compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Leroy Seafood Group ASA ranks #704 out of 1430 companies for Cyclically Adjusted PB Ratio. This puts Leroy Seafood Group ASA in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.25. Leroy Seafood Group ASA's value of 1.28 is 2.4% above this benchmark. Historically, Leroy Seafood Group ASA's own Cyclically Adjusted PB Ratio has ranged from 1.18 to 5.25 over the past decade. While the company's 10-year median is 3.06 vs. the industry median of 1.25, Leroy Seafood Group ASA has consistently been above 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 a Consumer Packaged Goods company?
The median Cyclically Adjusted PB Ratio among Consumer Packaged Goods companies is 1.25, based on 1,430 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. Leroy Seafood Group ASA's current Cyclically Adjusted PB Ratio of 1.28 is 2.4% above 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 Leroy Seafood Group ASA and its competitors. For the Consumer Packaged Goods industry, the median Cyclically Adjusted PB Ratio is 1.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Leroy Seafood Group ASA's current Cyclically Adjusted PB Ratio is 1.28, which is 58% below median its own 10-year median of 3.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Leroy Seafood Group ASA stock overvalued right now?
Based on GuruFocus' analysis, Leroy Seafood Group ASA (FRA:Z1L) is currently considered Modestly Undervalued. The stock's GF Value™ is €4.64, compared to a current price of €3.77 — trading 18.8% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.28, which is 58% below median its 10-year median of 3.06 and 2.4% above the Consumer Packaged Goods industry median of 1.25. Leroy Seafood Group ASA's overall GF Score™ is 77/100 with 7 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 Leroy Seafood Group ASA (FRA:Z1L), the current Cyclically Adjusted PB Ratio is 1.28 as of Jul. 31, 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 Leroy Seafood Group ASA (FRA:Z1L) Overvalued in 2026?

Based on GuruFocus' analysis, Leroy Seafood Group ASA stock appears to be undervalued. The current stock price of €3.77 is trading 18.8% below its estimated GF Value™ of €4.64. GuruFocus considers Leroy Seafood Group ASA to be Modestly Undervalued.

Key valuation signals for FRA:Z1L:

  • Cyclically Adjusted PB Ratio: 1.28 (58% below median its 10-year median of 3.06)
  • GF Value™: €4.64 vs. price of €3.77 (18.8% below fair value)
  • GF Score™: 77/100 with 7 warning signs
  • Industry Position: 2.4% above the Consumer Packaged Goods median (#704 of 1430)

No single metric tells the full story. See the FRA:Z1L stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Leroy Seafood Group ASA Business Description

Address Thormohlens gate 51 B, P.O.Box 7600, Bergen, NOR, N- 5006
Leroy Seafood Group ASA is a seafood producer, originally from Norway. The company's core activities are distribution, sale, and marketing of seafood, processed seafood, salmon, fjord trout, cod, saithe, mackerel, herring, sushi, shellfish, and other species. Leroy Seafood Group serves hotels, restaurants, and retail segments with fresh, frozen, smoked, and marinated seafood products. Its main brands are Aurora Salmon, Artic Supreme, Fossen Fjord Fish, Leroj Fjord Trout, Leroy Sushi, and Leroy King Crab.
77GF Score

Get the complete analysis for FRA:Z1L

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

€3.77
Price
€4.64
GF Value