L E Lundbergforetagen AB (LTS:0GWB) Cyclically Adjusted PB Ratio: 0.94 (As of Sep. 15, 2026) — 43% Below Median

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Director of Data and Quant Analytics at GuruFocus
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LTS:0GWB L E Lundbergforetagen AB LTS:0GWB
66 GF Score
Price kr572.75
GF Value kr501.02
Valuation Modestly Overvalued
! 7 Warning Signs
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What is L E Lundbergforetagen AB Cyclically Adjusted PB Ratio?

L E Lundbergforetagen AB LTS:0GWB -0.82% 66 Cyclically Adjusted PB Ratio is 0.94 as of Sep. 15, 2026, which is 43% below its 10-year median of 1.64. GuruFocus rates LTS:0GWB with a GF Score™ of 66/100 and a GF Value™ of kr501.02 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 421 Conglomerates companies, L E Lundbergforetagen AB ranks worse than 61.52% on this metric.

As of today (2026-09-15), L E Lundbergforetagen AB's current share price is kr572.75. L E Lundbergforetagen AB's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was kr610.37. L E Lundbergforetagen AB's Cyclically Adjusted PB Ratio for today is 0.94.

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

LTS:0GWB' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.23   Med: 1.64   Max: 2.65
Current: 1.4

During the past years, L E Lundbergforetagen AB's highest Cyclically Adjusted PB Ratio was 2.65. The lowest was 1.23. And the median was 1.64.

LTS:0GWB's Cyclically Adjusted PB Ratio is ranked worse than
61.52% of 421 companies
in the Conglomerates industry
Industry Median: 1.01 vs LTS:0GWB: 1.40

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.

L E Lundbergforetagen AB's adjusted book value per share data for the three months ended in Jun. 2026 was kr775.613. 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 kr610.37 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


L E Lundbergforetagen AB  (LTS:0GWB) 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.


L E Lundbergforetagen AB Cyclically Adjusted PB Ratio Related Terms


L E Lundbergforetagen AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for L E Lundbergforetagen 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.

L E Lundbergforetagen AB Cyclically Adjusted PB Ratio Chart

L E Lundbergforetagen 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 1.26 0.94 1.03 0.88 0.84

L E Lundbergforetagen 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 0.83 0.84 0.87 0.89 0.91

LTS:0GWB vs MMM, HON: Cyclically Adjusted PB Ratio Comparison

For the Conglomerates subindustry, L E Lundbergforetagen 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.


L E Lundbergforetagen AB Cyclically Adjusted PB Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, L E Lundbergforetagen AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


LTS:0GWB
66GF Score
L E Lundbergforetagen AB LTS:0GWB
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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L E Lundbergforetagen 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.

L E Lundbergforetagen AB's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=572.75/610.369
=0.94

* 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.

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

For example, L E Lundbergforetagen 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)
=775.613/134.6100*134.6100
=775.613

Current CPI (Jun. 2026) = 134.6100.

L E Lundbergforetagen AB Quarterly Data

Book Value per Share CPI Adj_Book
201609 319.500 101.138 425.242
201612 338.871 102.022 447.116
201703 349.371 102.022 460.970
201706 357.024 102.752 467.717
201709 363.746 103.279 474.093
201712 368.355 103.793 477.724
201803 374.867 103.962 485.379
201806 384.540 104.875 493.570
201809 397.552 105.679 506.388
201812 386.468 105.912 491.187
201903 407.415 105.886 517.935
201906 413.653 106.742 521.651
201909 412.887 107.214 518.391
201912 505.685 107.766 631.649
202003 478.867 106.563 604.904
202006 496.927 107.498 622.258
202009 499.899 107.635 625.181
202012 519.044 108.296 645.164
202103 544.952 108.360 676.969
202106 546.153 108.928 674.922
202109 546.710 110.338 666.973
202112 593.407 112.486 710.120
202203 577.302 114.825 676.773
202206 578.310 118.384 657.577
202209 587.762 122.296 646.943
202212 620.722 126.365 661.222
202303 618.770 127.042 655.632
202306 612.198 129.407 636.815
202309 614.230 130.224 634.920
202312 646.500 131.912 659.724
202403 664.415 132.205 676.500
202406 652.669 132.716 661.983
202409 667.153 132.304 678.780
202412 672.202 132.987 680.405
202503 681.181 132.825 690.338
202506 685.335 133.699 690.005
202509 701.782 133.480 707.723
202512 722.044 133.380 728.703
202603 743.810 133.550 749.714
202606 775.613 134.610 775.613

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 0.94 mean?
L E Lundbergforetagen AB (LTS:0GWB) has a Cyclically Adjusted PB Ratio of 0.94 as of Sep. 15, 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 L E Lundbergforetagen AB and its competitors. This is 43% below median its historical median of 1.64. Over the past decade, L E Lundbergforetagen AB's Cyclically Adjusted PB Ratio has ranged from 1.23 to 2.65. According to the industry distribution chart, L E Lundbergforetagen AB ranks #259 out of 421 companies in the Conglomerates industry, placing it in the top 61.5%.
Is L E Lundbergforetagen AB's Cyclically Adjusted PB Ratio too high?
L E Lundbergforetagen AB's current Cyclically Adjusted PB Ratio of 0.94 is 43% below median its 10-year median of 1.64. Over the past 10 years, this metric has ranged from a low of 1.23 to a high of 2.65. The Conglomerates industry median Cyclically Adjusted PB Ratio is 1.01. L E Lundbergforetagen AB's value of 0.94 is 6.9% below this industry median. Based on the distribution chart, L E Lundbergforetagen AB ranks #259 out of 421 companies in the Conglomerates industry, which is below the industry midpoint. Overall, L E Lundbergforetagen AB has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does L E Lundbergforetagen AB's Cyclically Adjusted PB Ratio compare to MMM and HON?
According to the Conglomerates industry distribution chart, L E Lundbergforetagen AB ranks #259 out of 421 companies for Cyclically Adjusted PB Ratio. This places L E Lundbergforetagen AB in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.01. L E Lundbergforetagen AB's value of 0.94 is 6.9% below this benchmark. Historically, L E Lundbergforetagen AB's own Cyclically Adjusted PB Ratio has ranged from 1.23 to 2.65 over the past decade. While the company's 10-year median is 1.64 vs. the industry median of 1.01, L E Lundbergforetagen 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 a Conglomerates company?
The median Cyclically Adjusted PB Ratio among Conglomerates companies is 1.01, based on 421 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. L E Lundbergforetagen AB's current Cyclically Adjusted PB Ratio of 0.94 is 6.9% 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 L E Lundbergforetagen AB and its competitors. For the Conglomerates industry, the median Cyclically Adjusted PB Ratio is 1.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. L E Lundbergforetagen AB's current Cyclically Adjusted PB Ratio is 0.94, which is 43% below median its own 10-year median of 1.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is L E Lundbergforetagen AB stock overvalued right now?
Based on GuruFocus' analysis, L E Lundbergforetagen AB (LTS:0GWB) is currently considered Modestly Overvalued. The stock's GF Value™ is kr501.02, compared to a current price of kr572.75 — trading 14.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.94, which is 43% below median its 10-year median of 1.64 and 6.9% below the Conglomerates industry median of 1.01. L E Lundbergforetagen AB's overall GF Score™ is 66/100 with 7 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 L E Lundbergforetagen AB (LTS:0GWB), the current Cyclically Adjusted PB Ratio is 0.94 as of Sep. 15, 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 L E Lundbergforetagen AB (LTS:0GWB) Overvalued in 2026?

Based on GuruFocus' analysis, L E Lundbergforetagen AB stock appears to be overvalued. The current stock price of kr572.75 is trading 14.3% above its estimated GF Value™ of kr501.02. GuruFocus considers L E Lundbergforetagen AB to be Modestly Overvalued.

Key valuation signals for LTS:0GWB:

  • Cyclically Adjusted PB Ratio: 0.94 (43% below median its 10-year median of 1.64)
  • GF Value™: kr501.02 vs. price of kr572.75 (14.3% above fair value)
  • GF Score™: 66/100 with 7 warning signs
  • Industry Position: 6.9% below the Conglomerates median (#259 of 421)

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


L E Lundbergforetagen AB Business Description

Address Hovslagargatan 5B, PO Box 14048, Stockholm, SWE, 104 40
L E Lundbergforetagen AB is an investment holding company with a long-term, activist orientation. Its portfolio includes a wholly owned unlisted real estate entity, publicly-traded subsidiaries, and other shareholdings. Lundberg's investment objective is to generate returns on capital that over time substantially exceed the yield on a risk-free, interest-bearing instrument. Real estate operations, which the company has conducted through subsidiaries for decades, account for nearly half of the company's net asset value. Lundberg exercises activism through board representation on all of its portfolio companies. It supports its capital allocation program by maintaining low levels of indebtedness on its balance sheet.
66GF Score

Get the complete analysis for LTS:0GWB

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

kr572.75
Price
kr501.02
GF Value