Skue Sparebank (LTS:0FE2) Cyclically Adjusted PB Ratio: 0.37 (As of Jul. 28, 2026) — Near Median

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LTS:0FE2 Skue Sparebank LTS:0FE2
53 GF Score
Price kr327.95
GF Value kr207.96
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Skue Sparebank Cyclically Adjusted PB Ratio?

Skue Sparebank LTS:0FE2 53 Cyclically Adjusted PB Ratio is 0.37 as of Jul. 28, 2026, which is 5% below its 10-year median of 0.39. GuruFocus rates LTS:0FE2 with a GF Score™ of 53/100 and a GF Value™ of kr207.96 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,292 Banks companies, Skue Sparebank ranks better than 92.26% on this metric.

As of today (2026-07-28), Skue Sparebank's current share price is kr327.95. Skue Sparebank's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was kr883.59. Skue Sparebank's Cyclically Adjusted PB Ratio for today is 0.37.

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

LTS:0FE2' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.31   Med: 0.39   Max: 0.52
Current: 0.38

During the past years, Skue Sparebank's highest Cyclically Adjusted PB Ratio was 0.52. The lowest was 0.31. And the median was 0.39.

LTS:0FE2's Cyclically Adjusted PB Ratio is ranked better than
92.26% of 1292 companies
in the Banks industry
Industry Median: 1.27 vs LTS:0FE2: 0.38

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.

Skue Sparebank's adjusted book value per share data for the three months ended in Mar. 2026 was kr683.940. 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 kr883.59 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Skue Sparebank  (LTS:0FE2) 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.


Skue Sparebank Cyclically Adjusted PB Ratio Related Terms


Skue Sparebank Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Skue Sparebank'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.

Skue Sparebank Cyclically Adjusted PB Ratio Chart

Skue Sparebank 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 0.41 0.37 0.32 0.35 0.40

Skue Sparebank 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 0.38 0.39 0.37 0.40 0.37

Skue Sparebank Cyclically Adjusted PB Ratio Competitor Comparison

For the Banks - Regional subindustry, Skue Sparebank'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.


Skue Sparebank Cyclically Adjusted PB Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Skue Sparebank's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


LTS:0FE2
53GF Score
Skue Sparebank LTS:0FE2
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Skue Sparebank 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.

Skue Sparebank's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=327.95/883.59
=0.37

* 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.

Skue Sparebank's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Skue Sparebank'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)
=683.94/141.0300*141.0300
=683.940

Current CPI (Mar. 2026) = 141.0300.

Skue Sparebank Quarterly Data

Book Value per Share CPI Adj_Book
201606 432.098 103.800 587.079
201609 458.762 104.200 620.914
201612 476.470 104.400 643.645
201703 470.702 105.000 632.220
201706 487.222 105.800 649.460
201709 497.117 105.900 662.025
201712 503.183 106.100 668.840
201803 504.960 107.300 663.695
201806 523.435 108.500 680.369
201809 531.621 109.500 684.699
201812 551.423 109.800 708.262
201903 552.170 110.400 705.367
201906 562.250 110.600 716.945
201909 575.341 111.100 730.336
201912 592.147 111.300 750.319
202003 596.603 111.200 756.645
202006 596.396 112.100 750.310
202009 757.664 112.900 946.442
202012 781.640 112.900 976.392
202103 789.618 114.600 971.726
202106 826.147 115.300 1,010.507
202109 839.794 117.500 1,007.967
202112 857.830 118.900 1,017.492
202203 903.778 119.800 1,063.938
202206 915.669 122.600 1,053.318
202209 940.873 125.600 1,056.460
202212 978.533 125.900 1,096.128
202303 984.343 127.600 1,087.946
202306 1,012.567 130.400 1,095.110
202309 1,035.132 129.800 1,124.689
202312 1,080.960 131.900 1,155.783
202403 1,088.662 132.600 1,157.873
202406 332.503 133.800 350.470
202409 1,344.573 133.700 1,418.288
202412 1,356.389 134.800 1,419.077
202503 1,356.958 136.100 1,406.112
202506 1,372.268 137.800 1,404.434
202509 567.774 138.500 578.146
202512 694.331 139.100 703.965
202603 683.940 141.030 683.940

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 0.37 mean?
Skue Sparebank (LTS:0FE2) has a Cyclically Adjusted PB Ratio of 0.37 as of Jul. 28, 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 Skue Sparebank and its competitors. This is near median its historical median of 0.39. Over the past decade, Skue Sparebank's Cyclically Adjusted PB Ratio has ranged from 0.31 to 0.52. According to the industry distribution chart, Skue Sparebank ranks #100 out of 1292 companies in the Banks industry, placing it in the top 7.7%.
Is Skue Sparebank's Cyclically Adjusted PB Ratio too high?
Skue Sparebank's current Cyclically Adjusted PB Ratio of 0.37 is near median its 10-year median of 0.39. Over the past 10 years, this metric has ranged from a low of 0.31 to a high of 0.52. The Banks industry median Cyclically Adjusted PB Ratio is 1.27. Skue Sparebank's value of 0.37 is 70.9% below this industry median. Based on the distribution chart, Skue Sparebank ranks #100 out of 1292 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, Skue Sparebank has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Skue Sparebank's Cyclically Adjusted PB Ratio compare to competitors?
According to the Banks industry distribution chart, Skue Sparebank ranks #100 out of 1292 companies for Cyclically Adjusted PB Ratio. This places Skue Sparebank in the top 8% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.27. Skue Sparebank's value of 0.37 is 70.9% below this benchmark. Historically, Skue Sparebank's own Cyclically Adjusted PB Ratio has ranged from 0.31 to 0.52 over the past decade. While the company's 10-year median is 0.39 vs. the industry median of 1.27, Skue Sparebank 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 a Banks company?
The median Cyclically Adjusted PB Ratio among Banks companies is 1.27, based on 1,292 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. Skue Sparebank's current Cyclically Adjusted PB Ratio of 0.37 is 70.9% 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 Skue Sparebank and its competitors. For the Banks 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. Skue Sparebank's current Cyclically Adjusted PB Ratio is 0.37, which is near median its own 10-year median of 0.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Skue Sparebank stock overvalued right now?
Based on GuruFocus' analysis, Skue Sparebank (LTS:0FE2) is currently considered Significantly Overvalued. The stock's GF Value™ is kr207.96, compared to a current price of kr327.95 — trading 57.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.37, which is near median its 10-year median of 0.39 and 70.9% below the Banks industry median of 1.27. Skue Sparebank's overall GF Score™ is 53/100 with 8 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 Skue Sparebank (LTS:0FE2), the current Cyclically Adjusted PB Ratio is 0.37 as of Jul. 28, 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 Skue Sparebank (LTS:0FE2) Overvalued in 2026?

Based on GuruFocus' analysis, Skue Sparebank stock appears to be overvalued. The current stock price of kr327.95 is trading 57.7% above its estimated GF Value™ of kr207.96. GuruFocus considers Skue Sparebank to be Significantly Overvalued.

Key valuation signals for LTS:0FE2:

  • Cyclically Adjusted PB Ratio: 0.37 (near median its 10-year median of 0.39)
  • GF Value™: kr207.96 vs. price of kr327.95 (57.7% above fair value)
  • GF Score™: 53/100 with 8 warning signs
  • Industry Position: 70.9% below the Banks median (#100 of 1292)

No single metric tells the full story. See the LTS:0FE2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Skue Sparebank Business Description

Other Exchanges SKUE:Norway
Address Jordeshagen 5, Nesbyen, NOR, 3540
Skue Sparebank is a savings bank offering a range of financial services including loans, savings, advice, insurance and pensions to personal and corporate customers. The Bank also offers credit cards, debit cards, structured products, stock savings, mobile banking and online banking services.
53GF Score

Get the complete analysis for LTS:0FE2

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

kr327.95
Price
kr207.96
GF Value