Rogaland Sparebank (LTS:0FWN) Cyclically Adjusted PB Ratio: (As of Aug. 13, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

LTS:0FWN Rogaland Sparebank LTS:0FWN
58 GF Score
Price kr150.48
GF Value kr126.74
Valuation Modestly Overvalued
! 9 Warning Signs
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What is Rogaland Sparebank Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Rogaland Sparebank  (LTS:0FWN) 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.


Rogaland Sparebank Cyclically Adjusted PB Ratio Related Terms


Rogaland Sparebank Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Rogaland 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.

Rogaland Sparebank Cyclically Adjusted PB Ratio Chart

Rogaland 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 0.57 0.52 0.50 0.71 0.81

Rogaland Sparebank 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 0.80 0.81 0.81 0.83 0.00

Rogaland Sparebank Cyclically Adjusted PB Ratio Competitor Comparison

For the Banks - Regional subindustry, Rogaland 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.


Rogaland Sparebank Cyclically Adjusted PB Ratio vs Banks Industry

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

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


LTS:0FWN
58GF Score
Rogaland Sparebank LTS:0FWN
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Rogaland 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.

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

For example, Rogaland Sparebank'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)
=191.056/141.5800*141.5800
=191.056

Current CPI (Jun. 2026) = 141.5800.

Rogaland Sparebank Quarterly Data

Book Value per Share CPI Adj_Book
201609 110.168 104.200 149.689
201612 112.300 104.400 152.293
201703 114.098 105.000 153.848
201706 115.579 105.800 154.666
201709 117.520 105.900 157.115
201712 117.692 106.100 157.048
201803 116.172 107.300 153.286
201806 120.099 108.500 156.715
201809 126.323 109.500 163.332
201812 128.606 109.800 165.829
201903 124.319 110.400 159.430
201906 126.801 110.600 162.319
201909 128.919 111.100 164.288
201912 131.269 111.300 166.982
202003 130.789 111.200 166.521
202006 135.890 112.100 171.626
202009 138.630 112.900 173.846
202012 140.940 112.900 176.743
202103 144.203 114.600 178.152
202106 147.774 115.300 181.456
202109 150.335 117.500 181.144
202112 146.771 118.900 174.767
202203 148.840 119.800 175.900
202206 153.617 122.600 177.399
202209 155.816 125.600 175.640
202212 161.973 125.900 182.146
202303 156.015 127.600 173.108
202306 164.042 130.400 178.106
202309 164.811 129.800 179.768
202312 172.373 131.900 185.023
202403 176.444 132.600 188.393
202406 159.520 133.800 168.796
202409 182.146 133.700 192.881
202412 186.307 134.800 195.678
202503 177.582 136.100 184.732
202506 185.572 137.800 190.662
202509 190.136 138.500 194.364
202512 197.905 139.100 201.433
202603 184.968 141.030 185.689
202606 191.056 141.580 191.056

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.

Is Rogaland Sparebank (LTS:0FWN) Overvalued in 2026?

Based on GuruFocus' analysis, Rogaland Sparebank stock appears to be overvalued. The current stock price of kr150.48 is trading 18.7% above its estimated GF Value™ of kr126.74. GuruFocus considers Rogaland Sparebank to be Modestly Overvalued.

Key valuation signals for LTS:0FWN:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: kr126.74 vs. price of kr150.48 (18.7% above fair value)
  • GF Score™: 58/100 with 9 warning signs

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


Rogaland Sparebank Business Description

Other Exchanges ROGS:NorwayP7A:Germany
Address Postboks 1133, Sandnes, NOR, 4391
Rogaland Sparebank is an independent savings bank. The company offers a broad range of banking and investment products to retail and corporate customers. The services provided by the company include daily banking, Insurance, loans, Savings, pensions, and others.
58GF Score

Get the complete analysis for LTS:0FWN

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

kr150.48
Price
kr126.74
GF Value