Husqvarna AB (LTS:0GTR) Cyclically Adjusted PB Ratio: 0.92 (As of Aug. 16, 2026) — 66% Below Median

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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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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:0GTR Husqvarna AB LTS:0GTR
65 GF Score
Price kr38.55
GF Value kr53.49
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Husqvarna AB Cyclically Adjusted PB Ratio?

Husqvarna AB LTS:0GTR -0.72% 65 Cyclically Adjusted PB Ratio is 0.92 as of Aug. 16, 2026, which is 66% below its 10-year median of 2.68. GuruFocus rates LTS:0GTR with a GF Score™ of 65/100 and a GF Value™ of kr53.49 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 2,219 Industrial Products companies, Husqvarna AB ranks better than 77.6% on this metric.

As of today (2026-08-16), Husqvarna AB's current share price is kr38.55. Husqvarna AB's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was kr41.80. Husqvarna AB's Cyclically Adjusted PB Ratio for today is 0.92.

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

LTS:0GTR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.85   Med: 2.68   Max: 5.14
Current: 0.92

During the past years, Husqvarna AB's highest Cyclically Adjusted PB Ratio was 5.14. The lowest was 0.85. And the median was 2.68.

LTS:0GTR's Cyclically Adjusted PB Ratio is ranked better than
77.6% of 2219 companies
in the Industrial Products industry
Industry Median: 2.17 vs LTS:0GTR: 0.92

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.

Husqvarna AB's adjusted book value per share data for the three months ended in Jun. 2026 was kr45.052. 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 kr41.80 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Husqvarna AB  (LTS:0GTR) 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.


Husqvarna AB Cyclically Adjusted PB Ratio Related Terms


Husqvarna AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Husqvarna 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.

Husqvarna AB Cyclically Adjusted PB Ratio Chart

Husqvarna 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 5.06 2.14 2.21 1.46 1.14

Husqvarna 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 1.24 1.24 1.14 0.90 0.90

LTS:0GTR vs SNA, RBC, SWK: Cyclically Adjusted PB Ratio Comparison

For the Tools & Accessories subindustry, Husqvarna 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.


Husqvarna AB Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Husqvarna AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


LTS:0GTR
65GF Score
Husqvarna AB LTS:0GTR
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Husqvarna 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.

Husqvarna AB's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=38.55/41.80
=0.92

* 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.

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

For example, Husqvarna 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)
=45.052/134.6100*134.6100
=45.052

Current CPI (Jun. 2026) = 134.6100.

Husqvarna AB Quarterly Data

Book Value per Share CPI Adj_Book
201609 24.850 101.138 33.074
201612 25.065 102.022 33.071
201703 26.869 102.022 35.452
201706 27.038 102.752 35.421
201709 27.051 103.279 35.257
201712 27.427 103.793 35.570
201803 29.456 103.962 38.140
201806 30.220 104.875 38.788
201809 29.812 105.679 37.973
201812 28.000 105.912 35.587
201903 30.171 105.886 38.356
201906 30.398 106.742 38.334
201909 31.052 107.214 38.987
201912 30.201 107.766 37.724
202003 32.744 106.563 41.362
202006 33.795 107.498 42.318
202009 34.488 107.635 43.131
202012 29.793 108.296 37.032
202103 34.074 108.360 42.329
202106 35.223 108.928 43.528
202109 36.961 110.338 45.092
202112 37.925 112.486 45.384
202203 41.292 114.825 48.407
202206 43.864 118.384 49.876
202209 46.386 122.296 51.057
202212 42.075 126.365 44.820
202303 45.226 127.042 47.920
202306 46.048 129.407 47.900
202309 45.715 130.224 47.255
202312 41.591 131.912 42.442
202403 45.811 132.205 46.644
202406 44.625 132.716 45.262
202409 43.205 132.304 43.958
202412 43.063 132.987 43.588
202503 42.265 132.825 42.833
202506 43.096 133.699 43.390
202509 43.094 133.480 43.459
202512 41.165 133.390 41.541
202603 43.999 133.560 44.345
202606 45.052 134.610 45.052

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 0.92 mean?
Husqvarna AB (LTS:0GTR) has a Cyclically Adjusted PB Ratio of 0.92 as of Aug. 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 Husqvarna AB and its competitors. This is 66% below median its historical median of 2.68. Over the past decade, Husqvarna AB's Cyclically Adjusted PB Ratio has ranged from 0.85 to 5.14. According to the industry distribution chart, Husqvarna AB ranks #497 out of 2219 companies in the Industrial Products industry, placing it in the top 22.4%.
Is Husqvarna AB's Cyclically Adjusted PB Ratio too high?
Husqvarna AB's current Cyclically Adjusted PB Ratio of 0.92 is 66% below median its 10-year median of 2.68. Over the past 10 years, this metric has ranged from a low of 0.85 to a high of 5.14. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.17. Husqvarna AB's value of 0.92 is 57.6% below this industry median. Based on the distribution chart, Husqvarna AB ranks #497 out of 2219 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Husqvarna AB has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Husqvarna AB's Cyclically Adjusted PB Ratio compare to SNA and RBC?
According to the Industrial Products industry distribution chart, Husqvarna AB ranks #497 out of 2219 companies for Cyclically Adjusted PB Ratio. This places Husqvarna AB in the top 22% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 2.17. Husqvarna AB's value of 0.92 is 57.6% below this benchmark. Historically, Husqvarna AB's own Cyclically Adjusted PB Ratio has ranged from 0.85 to 5.14 over the past decade. While the company's 10-year median is 2.68 vs. the industry median of 2.17, Husqvarna AB 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 an Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.17, based on 2,219 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. Husqvarna AB's current Cyclically Adjusted PB Ratio of 0.92 is 57.6% 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 Husqvarna AB and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Husqvarna AB's current Cyclically Adjusted PB Ratio is 0.92, which is 66% below median its own 10-year median of 2.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Husqvarna AB stock overvalued right now?
Based on GuruFocus' analysis, Husqvarna AB (LTS:0GTR) is currently considered Modestly Undervalued. The stock's GF Value™ is kr53.49, compared to a current price of kr38.55 — trading 27.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.92, which is 66% below median its 10-year median of 2.68 and 57.6% below the Industrial Products industry median of 2.17. Husqvarna AB's overall GF Score™ is 65/100 with 4 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 Husqvarna AB (LTS:0GTR), the current Cyclically Adjusted PB Ratio is 0.92 as of Aug. 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 Husqvarna AB (LTS:0GTR) Overvalued in 2026?

Based on GuruFocus' analysis, Husqvarna AB stock appears to be undervalued. The current stock price of kr38.55 is trading 27.9% below its estimated GF Value™ of kr53.49. GuruFocus considers Husqvarna AB to be Modestly Undervalued.

Key valuation signals for LTS:0GTR:

  • Cyclically Adjusted PB Ratio: 0.92 (66% below median its 10-year median of 2.68)
  • GF Value™: kr53.49 vs. price of kr38.55 (27.9% below fair value)
  • GF Score™: 65/100 with 4 warning signs
  • Industry Position: 57.6% below the Industrial Products median (#497 of 2219)

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


Husqvarna AB Business Description

Address P.O. Box 7454, Stockholm, SWE, 113 31
Husqvarna AB provides products and solutions for managing forests, parks, and gardens. The product range includes robotic mowers, battery and petrol-powered chainsaws, trimmers, riding lawn mowers, as well as watering solutions. In addition, the group offers equipment for sawing and drilling in concrete surfaces, floor preparation, as well as diamond tools for the light construction industry. Its products are marketed mainly under the Husqvarna and Gardena brands. The group's operating segments include the Husqvarna Forest and Garden Division, which generates key revenue, the Gardena Division, and the Husqvarna Construction Division. Geographically, it generates maximum revenue from the United States and the rest from Germany, France, Sweden, the United Kingdom, Austria, and other regions.
65GF Score

Get the complete analysis for LTS:0GTR

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

kr38.55
Price
kr53.49
GF Value