Traction AB (LTS:0GOS) Cyclically Adjusted PB Ratio: (As of Jul. 17, 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.
Reviewed by: Charlie Tian Charlie Tian
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:0GOS Traction AB LTS:0GOS
49 GF Score
Price kr240.00
GF Value kr373.17
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is Traction AB Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Traction AB  (LTS:0GOS) 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.


Traction AB Cyclically Adjusted PB Ratio Related Terms


Traction AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Traction AB'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.

Traction AB Cyclically Adjusted PB Ratio Chart

Traction AB 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 1.57 0.99 1.03 1.06 0.98

Traction AB 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 1.05 0.99 0.98 0.95 0.00

LTS:0GOS vs BLK, BX, KKR: Cyclically Adjusted PB Ratio Comparison

For the Asset Management subindustry, Traction AB'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.


Traction AB Cyclically Adjusted PB Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Traction AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


LTS:0GOS
49GF Score
Traction AB LTS:0GOS
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Traction AB 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.

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

For example, Traction AB'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)
=299.419/134.1100*134.1100
=299.419

Current CPI (Jun. 2026) = 134.1100.

Traction AB Quarterly Data

Book Value per Share CPI Adj_Book
201609 158.945 101.138 210.764
201612 167.539 102.022 220.235
201703 178.911 102.022 235.183
201706 195.301 102.752 254.902
201709 195.794 103.279 254.243
201712 185.970 103.793 240.291
201803 188.418 103.962 243.058
201806 193.022 104.875 246.830
201809 202.535 105.679 257.024
201812 178.391 105.912 225.886
201903 185.970 105.886 235.540
201906 197.857 106.742 248.587
201909 171.567 107.214 214.607
201912 202.914 107.766 252.518
202003 158.134 106.563 199.013
202006 165.193 107.498 206.088
202009 183.469 107.635 228.597
202012 197.458 108.296 244.526
202103 231.318 108.360 286.288
202106 240.108 108.928 295.617
202109 253.462 110.338 308.069
202112 286.308 112.486 341.347
202203 285.010 114.825 332.877
202206 255.213 118.384 289.116
202209 241.339 122.296 264.652
202212 255.916 126.365 271.601
202303 270.183 127.042 285.215
202306 259.601 129.407 269.037
202309 245.409 130.224 252.733
202312 265.362 131.912 269.784
202403 274.037 132.205 277.985
202406 278.141 132.716 281.062
202409 278.878 132.304 282.684
202412 287.174 132.987 289.599
202503 291.156 132.825 293.974
202506 284.963 133.699 285.839
202509 280.805 133.480 282.130
202512 291.373 133.390 292.946
202603 284.375 133.560 285.546
202606 299.419 134.110 299.419

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 Traction AB (LTS:0GOS) Overvalued in 2026?

Based on GuruFocus' analysis, Traction AB stock appears to be undervalued. The current stock price of kr240.00 is trading 35.7% below its estimated GF Value™ of kr373.17. GuruFocus considers Traction AB to be Significantly Undervalued.

Key valuation signals for LTS:0GOS:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: kr373.17 vs. price of kr240.00 (35.7% below fair value)
  • GF Score™: 49/100 with 4 warning signs

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


Traction AB Business Description

Other Exchanges TRAC B:Sweden
Address Birger Jarlsgatan 33, Box 3314, Stockholm, SWE, 103 66
Traction AB is a Sweden-based investment company engaged in the long-term business development of wholly and partially owned companies. Its core objective is to realize a good return on capital. Its activities are divided into three business divisions: Customer relationships, providing customer-focused business models; Capital flows, offering cost control; and Risk management, including sharing and reducing risk factors. Traction AB invests in listed active holdings, such as BE Group, Drillcon, Duroc, Hifab Group, Nordic Camping and Resort, OEM International, PartnerTech, Softronic, and SwitchCore, as well as in unlisted active entities, including Banking Automation, Modular Streams, Recco Holding, and Silicon.
49GF Score

Get the complete analysis for LTS:0GOS

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

kr240.00
Price
kr373.17
GF Value