Honkarakenne Oyj (LTS:0EPR) Cyclically Adjusted PB Ratio: 1.18 (As of Jul. 22, 2026) — Near Median

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LTS:0EPR Honkarakenne Oyj LTS:0EPR
68 GF Score
Price €2.44
GF Value €2.42
! 5 Warning Signs
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What is Honkarakenne Oyj Cyclically Adjusted PB Ratio?

Honkarakenne Oyj LTS:0EPR 68 Cyclically Adjusted PB Ratio is 1.18 as of Jul. 22, 2026, which is 6% below its 10-year median of 1.25. GuruFocus rates LTS:0EPR with a GF Score™ of 68/100 and a GF Value™ of €2.42. The stock has 5 warning signs investors should review. Among 74 Homebuilding & Construction companies, Honkarakenne Oyj ranks worse than 51.35% on this metric.

As of today (2026-07-22), Honkarakenne Oyj's current share price is €2.44. Honkarakenne Oyj's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was €2.06. Honkarakenne Oyj's Cyclically Adjusted PB Ratio for today is 1.18.

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

LTS:0EPR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.36   Med: 1.25   Max: 3.65
Current: 1.1

During the past 13 years, Honkarakenne Oyj's highest Cyclically Adjusted PB Ratio was 3.65. The lowest was 0.36. And the median was 1.25.

LTS:0EPR's Cyclically Adjusted PB Ratio is ranked worse than
51.35% of 74 companies
in the Homebuilding & Construction industry
Industry Median: 1.09 vs LTS:0EPR: 1.10

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.

Honkarakenne Oyj's adjusted book value per share data of for the fiscal year that ended in Dec25 was €1.623. 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 €2.06 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Honkarakenne Oyj  (LTS:0EPR) 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.


Honkarakenne Oyj Cyclically Adjusted PB Ratio Related Terms


Honkarakenne Oyj Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Honkarakenne Oyj'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.

Honkarakenne Oyj Cyclically Adjusted PB Ratio Chart

Honkarakenne Oyj 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 3.41 1.86 1.33 0.94 1.19

Honkarakenne Oyj 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 1.33 0.00 0.94 0.00 1.19

LTS:0EPR vs DHI, PHM, LEN: Cyclically Adjusted PB Ratio Comparison

For the Residential Construction subindustry, Honkarakenne Oyj'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.


Honkarakenne Oyj Cyclically Adjusted PB Ratio vs Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Honkarakenne Oyj's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


LTS:0EPR
68GF Score
Honkarakenne Oyj LTS:0EPR
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Honkarakenne Oyj 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.

Honkarakenne Oyj's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.44/2.06
=1.18

* 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.

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

For example, Honkarakenne Oyj'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)
=1.623/122.6700*122.6700
=1.623

Current CPI (Dec25) = 122.6700.

Honkarakenne Oyj Annual Data

Book Value per Share CPI Adj_Book
201612 1.377 101.020 1.672
201712 1.531 101.510 1.850
201812 1.651 102.710 1.972
201912 2.145 103.650 2.539
202012 2.495 103.890 2.946
202112 2.878 107.490 3.284
202212 3.096 117.320 3.237
202312 2.801 121.540 2.827
202412 2.321 122.390 2.326
202512 1.623 122.670 1.623

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 1.18 mean?
Honkarakenne Oyj (LTS:0EPR) has a Cyclically Adjusted PB Ratio of 1.18 as of Jul. 22, 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 Honkarakenne Oyj and its competitors. This is near median its historical median of 1.25. Over the past decade, Honkarakenne Oyj's Cyclically Adjusted PB Ratio has ranged from 0.36 to 3.65. According to the industry distribution chart, Honkarakenne Oyj ranks #38 out of 74 companies in the Homebuilding & Construction industry, placing it in the top 51.4%.
Is Honkarakenne Oyj's Cyclically Adjusted PB Ratio too high?
Honkarakenne Oyj's current Cyclically Adjusted PB Ratio of 1.18 is near median its 10-year median of 1.25. Over the past 10 years, this metric has ranged from a low of 0.36 to a high of 3.65. The Homebuilding & Construction industry median Cyclically Adjusted PB Ratio is 1.09. Honkarakenne Oyj's value of 1.18 is 8.3% above this industry median. Based on the distribution chart, Honkarakenne Oyj ranks #38 out of 74 companies in the Homebuilding & Construction industry, which is below the industry midpoint. Overall, Honkarakenne Oyj has a GF Score™ of 68/100, reflecting its overall financial health beyond just this single metric.
How does Honkarakenne Oyj's Cyclically Adjusted PB Ratio compare to DHI and PHM?
According to the Homebuilding & Construction industry distribution chart, Honkarakenne Oyj ranks #38 out of 74 companies for Cyclically Adjusted PB Ratio. This places Honkarakenne Oyj in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.09. Honkarakenne Oyj's value of 1.18 is 8.3% above this benchmark. Historically, Honkarakenne Oyj's own Cyclically Adjusted PB Ratio has ranged from 0.36 to 3.65 over the past decade. While the company's 10-year median is 1.25 vs. the industry median of 1.09, Honkarakenne Oyj 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 Homebuilding & Construction company?
The median Cyclically Adjusted PB Ratio among Homebuilding & Construction companies is 1.09, based on 74 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. Honkarakenne Oyj's current Cyclically Adjusted PB Ratio of 1.18 is 8.3% 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 Honkarakenne Oyj and its competitors. For the Homebuilding & Construction industry, the median Cyclically Adjusted PB Ratio is 1.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Honkarakenne Oyj's current Cyclically Adjusted PB Ratio is 1.18, which is near median its own 10-year median of 1.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Honkarakenne Oyj stock overvalued right now?
Honkarakenne Oyj (LTS:0EPR) has a current Cyclically Adjusted PB Ratio of 1.18. The stock's GF Value™ is €2.42, compared to a current price of €2.44 — trading 0.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.18, which is near median its 10-year median of 1.25 and 8.3% above the Homebuilding & Construction industry median of 1.09. Honkarakenne Oyj's overall GF Score™ is 68/100 with 5 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 Honkarakenne Oyj (LTS:0EPR), the current Cyclically Adjusted PB Ratio is 1.18 as of Jul. 22, 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 Honkarakenne Oyj (LTS:0EPR) Overvalued in 2026?

Based on GuruFocus' analysis, Honkarakenne Oyj stock appears to be overvalued. The current stock price of €2.44 is trading 0.8% above its estimated GF Value™ of €2.42.

Key valuation signals for LTS:0EPR:

  • Cyclically Adjusted PB Ratio: 1.18 (near median its 10-year median of 1.25)
  • GF Value™: €2.42 vs. price of €2.44 (0.8% above fair value)
  • GF Score™: 68/100 with 5 warning signs
  • Industry Position: 8.3% above the Homebuilding & Construction median (#38 of 74)

No single metric tells the full story. See the LTS:0EPR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Honkarakenne Oyj Business Description

Other Exchanges HONBS:Finland
Address Hongantie 41, Karstula, FIN, FI-43500
Honkarakenne Oyj is a Finnish company engaged in the manufacture and sales of log houses in Finland and abroad. It supplies contemporary log homes, traditional log homes, holiday lodges and log cabins for organic, healthy and ecological living. The company also offers services including Honka design service, building service, and extension services. Its business is divided into two geographical operating segments including Finland and Export. The company derives a majority of its revenue from Finland. The Group sells and manufactures log and solid-wood house packages as well as related design and construction services. The sales income related to company's primary business activities is presented as revenue.
68GF Score

Get the complete analysis for LTS:0EPR

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

€2.44
Price
€2.42
GF Value