Kobenhavns Lufthavne (LTS:0EYJ) Cyclically Adjusted PB Ratio: 11.29 (As of Sep. 16, 2026) — 21% Below Median

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LTS:0EYJ Kobenhavns Lufthavne LTS:0EYJ
74 GF Score
Price kr5,640.00
GF Value kr7,243.37
! 2 Warning Signs
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What is Kobenhavns Lufthavne Cyclically Adjusted PB Ratio?

Kobenhavns Lufthavne LTS:0EYJ 74 Cyclically Adjusted PB Ratio is 11.29 as of Sep. 16, 2026, which is 21% below its 10-year median of 14.31. GuruFocus rates LTS:0EYJ with a GF Score™ of 74/100 and a GF Value™ of kr7,243.37. The stock has 2 warning signs investors should review. Among 698 Transportation companies, Kobenhavns Lufthavne ranks worse than 98.85% on this metric.

As of today (2026-09-16), Kobenhavns Lufthavne's current share price is kr5640.00. Kobenhavns Lufthavne's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was kr499.66. Kobenhavns Lufthavne's Cyclically Adjusted PB Ratio for today is 11.29.

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

LTS:0EYJ' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 8.78   Med: 14.31   Max: 18.99
Current: 12.2

During the past years, Kobenhavns Lufthavne's highest Cyclically Adjusted PB Ratio was 18.99. The lowest was 8.78. And the median was 14.31.

LTS:0EYJ's Cyclically Adjusted PB Ratio is ranked worse than
98.85% of 698 companies
in the Transportation industry
Industry Median: 1.27 vs LTS:0EYJ: 12.20

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.

Kobenhavns Lufthavne's adjusted book value per share data for the three months ended in Jun. 2026 was kr786.308. 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 kr499.66 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kobenhavns Lufthavne  (LTS:0EYJ) 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.


Kobenhavns Lufthavne Cyclically Adjusted PB Ratio Related Terms


Kobenhavns Lufthavne Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Kobenhavns Lufthavne'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.

Kobenhavns Lufthavne Cyclically Adjusted PB Ratio Chart

Kobenhavns Lufthavne 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 13.78 14.61 10.64 8.69 13.44

Kobenhavns Lufthavne 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 14.16 14.00 13.87 13.65 13.29

LTS:0EYJ vs JOBY, CAAP: Cyclically Adjusted PB Ratio Comparison

For the Airports & Air Services subindustry, Kobenhavns Lufthavne'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.


Kobenhavns Lufthavne Cyclically Adjusted PB Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Kobenhavns Lufthavne's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


LTS:0EYJ
74GF Score
Kobenhavns Lufthavne LTS:0EYJ
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Kobenhavns Lufthavne 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.

Kobenhavns Lufthavne's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5640.00/499.66
=11.29

* 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.

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

For example, Kobenhavns Lufthavne'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)
=786.308/122.9500*122.9500
=786.308

Current CPI (Jun. 2026) = 122.9500.

Kobenhavns Lufthavne Quarterly Data

Book Value per Share CPI Adj_Book
201609 356.113 100.200 436.967
201612 387.114 100.300 474.533
201703 419.428 101.200 509.572
201706 376.577 101.200 457.511
201709 365.975 101.800 442.010
201712 401.678 101.300 487.525
201803 432.144 101.700 522.440
201806 370.575 102.300 445.378
201809 363.363 102.400 436.284
201812 393.256 102.100 473.563
201903 420.269 102.900 502.158
201906 372.614 102.900 445.218
201909 387.981 102.900 463.579
201912 415.210 102.900 496.113
202003 428.093 103.300 509.526
202006 398.289 103.200 474.512
202009 375.226 103.500 445.739
202012 338.809 103.400 402.868
202103 295.525 104.300 348.368
202106 389.166 105.000 455.695
202109 396.658 105.800 460.956
202112 407.463 106.600 469.958
202203 388.885 109.900 435.063
202206 399.844 113.600 432.754
202209 422.907 116.400 446.705
202212 425.200 115.900 451.064
202303 419.594 117.300 439.805
202306 429.660 116.400 453.838
202309 460.623 117.400 482.399
202312 438.069 116.700 461.530
202403 451.449 118.400 468.798
202406 491.841 118.500 510.311
202409 538.349 118.900 556.686
202412 562.686 118.900 581.852
202503 576.320 120.200 589.505
202506 595.943 120.700 607.052
202509 664.112 121.600 671.485
202512 701.829 121.180 712.080
202603 728.077 121.670 735.737
202606 786.308 122.950 786.308

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 11.29 mean?
Kobenhavns Lufthavne (LTS:0EYJ) has a Cyclically Adjusted PB Ratio of 11.29 as of Sep. 16, 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 Kobenhavns Lufthavne and its competitors. This is 21% below median its historical median of 14.31. Over the past decade, Kobenhavns Lufthavne's Cyclically Adjusted PB Ratio has ranged from 8.78 to 18.99. According to the industry distribution chart, Kobenhavns Lufthavne ranks #690 out of 698 companies in the Transportation industry, placing it in the top 98.9%.
Is Kobenhavns Lufthavne's Cyclically Adjusted PB Ratio too high?
Kobenhavns Lufthavne's current Cyclically Adjusted PB Ratio of 11.29 is 21% below median its 10-year median of 14.31. Over the past 10 years, this metric has ranged from a low of 8.78 to a high of 18.99. The Transportation industry median Cyclically Adjusted PB Ratio is 1.27. Kobenhavns Lufthavne's value of 11.29 is 789% above this industry median. Based on the distribution chart, Kobenhavns Lufthavne ranks #690 out of 698 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Kobenhavns Lufthavne has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.
How does Kobenhavns Lufthavne's Cyclically Adjusted PB Ratio compare to JOBY and CAAP?
According to the Transportation industry distribution chart, Kobenhavns Lufthavne ranks #690 out of 698 companies for Cyclically Adjusted PB Ratio. This places Kobenhavns Lufthavne in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.27. Kobenhavns Lufthavne's value of 11.29 is 789% above this benchmark. Historically, Kobenhavns Lufthavne's own Cyclically Adjusted PB Ratio has ranged from 8.78 to 18.99 over the past decade. While the company's 10-year median is 14.31 vs. the industry median of 1.27, Kobenhavns Lufthavne 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 Transportation company?
The median Cyclically Adjusted PB Ratio among Transportation companies is 1.27, based on 698 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. Kobenhavns Lufthavne's current Cyclically Adjusted PB Ratio of 11.29 is 789% 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 Kobenhavns Lufthavne and its competitors. For the Transportation industry, the median Cyclically Adjusted PB Ratio is 1.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kobenhavns Lufthavne's current Cyclically Adjusted PB Ratio is 11.29, which is 21% below median its own 10-year median of 14.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kobenhavns Lufthavne stock overvalued right now?
Kobenhavns Lufthavne (LTS:0EYJ) has a current Cyclically Adjusted PB Ratio of 11.29. The stock's GF Value™ is kr7,243.37, compared to a current price of kr5,640.00 — trading 22.1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 11.29, which is 21% below median its 10-year median of 14.31 and 789% above the Transportation industry median of 1.27. Kobenhavns Lufthavne's overall GF Score™ is 74/100 with 2 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 Kobenhavns Lufthavne (LTS:0EYJ), the current Cyclically Adjusted PB Ratio is 11.29 as of Sep. 16, 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 Kobenhavns Lufthavne (LTS:0EYJ) Overvalued in 2026?

Based on GuruFocus' analysis, Kobenhavns Lufthavne stock appears to be undervalued. The current stock price of kr5,640.00 is trading 22.1% below its estimated GF Value™ of kr7,243.37.

Key valuation signals for LTS:0EYJ:

  • Cyclically Adjusted PB Ratio: 11.29 (21% below median its 10-year median of 14.31)
  • GF Value™: kr7,243.37 vs. price of kr5,640.00 (22.1% below fair value)
  • GF Score™: 74/100 with 2 warning signs
  • Industry Position: 789% above the Transportation median (#690 of 698)

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


Kobenhavns Lufthavne Business Description

Other Exchanges KBHL:Denmark
Address Lufthavnsboulevarden 6, Kastrup, DNK, 2770
Kobenhavns Lufthavne owns and operates Airports in Denmark. The company manages the infrastructure, buildings, and other services in the Kastrup and Roskilde airports. Copenhagen Airports divides its activities into two areas; Aeronautical and Non-aeronautical. Its majority of revenues are derived from the Aeronautical segment which comprises the operations and functions that the airports at Kastrup and Roskilde make available so that airlines can operate their flights, including facilities required for passengers to pass through these airports. The Non-aeronautical segment comprises the other facilities and services provided at the airports for passengers and others, including car-parking facilities, shops, restaurants, rest areas, lounges, and hotels.
74GF Score

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

kr5,640.00
Price
kr7,243.37
GF Value