Prevas AB (LTS:0H2J) Cyclically Adjusted PB Ratio: 2.04 (As of Aug. 11, 2026) — 35% Below Median

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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:0H2J Prevas AB LTS:0H2J
74 GF Score
Price kr71.00
GF Value kr104.83
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Prevas AB Cyclically Adjusted PB Ratio?

Prevas AB LTS:0H2J 74 Cyclically Adjusted PB Ratio is 2.04 as of Aug. 11, 2026, which is 35% below its 10-year median of 3.15. GuruFocus rates LTS:0H2J with a GF Score™ of 74/100 and a GF Value™ of kr104.83 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 1,558 Software companies, Prevas AB ranks better than 53.98% on this metric.

As of today (2026-08-11), Prevas AB's current share price is kr71.00. Prevas AB's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was kr34.86. Prevas AB's Cyclically Adjusted PB Ratio for today is 2.04.

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

LTS:0H2J' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.96   Med: 3.15   Max: 6.44
Current: 2.08

During the past years, Prevas AB's highest Cyclically Adjusted PB Ratio was 6.44. The lowest was 0.96. And the median was 3.15.

LTS:0H2J's Cyclically Adjusted PB Ratio is ranked better than
53.98% of 1558 companies
in the Software industry
Industry Median: 2.31 vs LTS:0H2J: 2.08

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.

Prevas AB's adjusted book value per share data for the three months ended in Jun. 2026 was kr48.301. 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 kr34.86 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Prevas AB  (LTS:0H2J) 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.


Prevas AB Cyclically Adjusted PB Ratio Related Terms


Prevas AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Prevas 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.

Prevas AB Cyclically Adjusted PB Ratio Chart

Prevas 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 5.23 5.09 4.42 3.89 2.83

Prevas 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 2.96 2.02 2.83 2.47 2.20

LTS:0H2J vs IBM, ACN, FISV: Cyclically Adjusted PB Ratio Comparison

For the Information Technology Services subindustry, Prevas 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.


Prevas AB Cyclically Adjusted PB Ratio vs Software Industry

For the Software industry and Technology sector, Prevas AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


LTS:0H2J
74GF Score
Prevas AB LTS:0H2J
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Prevas 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=71.00/34.86
=2.04

* 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.

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

For example, Prevas 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)
=48.301/134.6100*134.6100
=48.301

Current CPI (Jun. 2026) = 134.6100.

Prevas AB Quarterly Data

Book Value per Share CPI Adj_Book
201609 14.242 101.138 18.956
201612 13.536 102.022 17.860
201703 14.236 102.022 18.783
201706 14.393 102.752 18.855
201709 14.462 103.279 18.849
201712 14.576 103.793 18.904
201803 15.214 103.962 19.699
201806 15.501 104.875 19.896
201809 15.453 105.679 19.683
201812 15.216 105.912 19.339
201903 16.088 105.886 20.452
201906 16.756 106.742 21.131
201909 17.436 107.214 21.891
201912 18.492 107.766 23.098
202003 20.268 106.563 25.603
202006 21.148 107.498 26.482
202009 21.572 107.635 26.978
202012 22.746 108.296 28.273
202103 31.992 108.360 39.742
202106 31.341 108.928 38.730
202109 33.818 110.338 41.257
202112 36.857 112.486 44.106
202203 39.414 114.825 46.205
202206 38.137 118.384 43.364
202209 40.174 122.296 44.219
202212 42.990 126.365 45.795
202303 46.043 127.042 48.786
202306 43.570 129.407 45.322
202309 45.220 130.224 46.743
202312 47.461 131.912 48.432
202403 50.198 132.205 51.111
202406 47.301 132.716 47.976
202409 47.962 132.304 48.798
202412 50.175 132.987 50.787
202503 50.671 132.825 51.352
202506 47.334 133.699 47.657
202509 48.502 133.480 48.913
202512 49.627 133.390 50.081
202603 51.513 133.560 51.918
202606 48.301 134.610 48.301

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 2.04 mean?
Prevas AB (LTS:0H2J) has a Cyclically Adjusted PB Ratio of 2.04 as of Aug. 11, 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 Prevas AB and its competitors. This is 35% below median its historical median of 3.15. Over the past decade, Prevas AB's Cyclically Adjusted PB Ratio has ranged from 0.96 to 6.44. According to the industry distribution chart, Prevas AB ranks #717 out of 1558 companies in the Software industry, placing it in the top 46%.
Is Prevas AB's Cyclically Adjusted PB Ratio too high?
Prevas AB's current Cyclically Adjusted PB Ratio of 2.04 is 35% below median its 10-year median of 3.15. Over the past 10 years, this metric has ranged from a low of 0.96 to a high of 6.44. The Software industry median Cyclically Adjusted PB Ratio is 2.31. Prevas AB's value of 2.04 is 11.7% below this industry median. Based on the distribution chart, Prevas AB ranks #717 out of 1558 companies in the Software industry, which is above the industry midpoint. Overall, Prevas AB has a GF Score™ of 74/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Prevas AB's Cyclically Adjusted PB Ratio compare to IBM and ACN?
According to the Software industry distribution chart, Prevas AB ranks #717 out of 1558 companies for Cyclically Adjusted PB Ratio. This puts Prevas AB in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.31. Prevas AB's value of 2.04 is 11.7% below this benchmark. Historically, Prevas AB's own Cyclically Adjusted PB Ratio has ranged from 0.96 to 6.44 over the past decade. While the company's 10-year median is 3.15 vs. the industry median of 2.31, Prevas 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 Software company?
The median Cyclically Adjusted PB Ratio among Software companies is 2.31, based on 1,558 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. Prevas AB's current Cyclically Adjusted PB Ratio of 2.04 is 11.7% 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 Prevas AB and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Prevas AB's current Cyclically Adjusted PB Ratio is 2.04, which is 35% below median its own 10-year median of 3.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Prevas AB stock overvalued right now?
Based on GuruFocus' analysis, Prevas AB (LTS:0H2J) is currently considered Significantly Undervalued. The stock's GF Value™ is kr104.83, compared to a current price of kr71.00 — trading 32.3% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.04, which is 35% below median its 10-year median of 3.15 and 11.7% below the Software industry median of 2.31. Prevas AB's overall GF Score™ is 74/100 with 5 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 Prevas AB (LTS:0H2J), the current Cyclically Adjusted PB Ratio is 2.04 as of Aug. 11, 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 Prevas AB (LTS:0H2J) Overvalued in 2026?

Based on GuruFocus' analysis, Prevas AB stock appears to be undervalued. The current stock price of kr71.00 is trading 32.3% below its estimated GF Value™ of kr104.83. GuruFocus considers Prevas AB to be Significantly Undervalued.

Key valuation signals for LTS:0H2J:

  • Cyclically Adjusted PB Ratio: 2.04 (35% below median its 10-year median of 3.15)
  • GF Value™: kr104.83 vs. price of kr71.00 (32.3% below fair value)
  • GF Score™: 74/100 with 5 warning signs
  • Industry Position: 11.7% below the Software median (#717 of 1558)

No single metric tells the full story. See the LTS:0H2J stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Prevas AB Business Description

Other Exchanges PREV B:SwedenJ89:Germany
Address Glodgargrand 14, Box 4, Vasteras, SWE, 72103
Prevas AB is a Sweden-based information technology (IT) company that offers solutions, services, and products to customers who develop products with high IT content and need to streamline and automate their operations. The company's products are segmented as automotive, products and units, steel and minerals, defense, energy, life science, manufacturing, engineering, and telecom industries. The company has two geographical segments, namely Sweden, Finland, Denmark, and Other. It derives maximum revenue from Sweden.
74GF Score

Get the complete analysis for LTS:0H2J

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

kr71.00
Price
kr104.83
GF Value