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Bouvet ASALTS:0HDU -0.33%84 Cyclically Adjusted PB Ratio is 11.49 as of Aug. 05, 2026, which is 44% below its 10-year median of 20.67. GuruFocus rates LTS:0HDU with a GF Score™ of 84/100 and a GF Value™ of kr70.44 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,568 Software companies, Bouvet ASA ranks worse than 92.09% on this metric.
The historical rank and industry rank for Bouvet ASA's Cyclically Adjusted PB Ratio or its related term are showing as below:
LTS:0HDU'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 10.91 Med: 20.67 Max: 33.81
Current: 11.25
During the past years, Bouvet ASA's highest Cyclically Adjusted PB Ratio was 33.81. The lowest was 10.91. And the median was 20.67.
LTS:0HDU's Cyclically Adjusted PB Ratio is ranked worse than 92.09% of 1568
companies
in the Software industry
Industry Median: 2.23
vs LTS:0HDU: 11.25
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.
Bouvet ASA's adjusted book value per share data for the three months ended in Mar. 2026 was kr4.657. 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 kr3.92 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Bouvet ASA (LTS:0HDU) 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.
Bouvet ASA Cyclically Adjusted PB Ratio Related Terms
Bouvet ASA Cyclically Adjusted PB Ratio Historical Data
* Premium members only.
The historical data trend for Bouvet ASA'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.
LTS:0HDU vs IBM, ACN, FISV: Cyclically Adjusted PB Ratio Comparison
For the Information Technology Services subindustry, Bouvet ASA'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.
Bouvet ASA Cyclically Adjusted PB Ratio vs Software Industry
For the Software industry and Technology sector, Bouvet ASA's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Bouvet ASA's Cyclically Adjusted PB Ratio falls into.
Bouvet ASA 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.
Bouvet ASA's Cyclically Adjusted PB Ratio for today is calculated as
* 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.
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 11.49 mean?
Bouvet ASA (LTS:0HDU) has a Cyclically Adjusted PB Ratio of 11.49 as of Aug. 05, 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 Bouvet ASA and its competitors. This is 44% below median its historical median of 20.67. Over the past decade, Bouvet ASA's Cyclically Adjusted PB Ratio has ranged from 10.91 to 33.81. According to the industry distribution chart, Bouvet ASA ranks #1444 out of 1568 companies in the Software industry, placing it in the top 92.1%.
Is Bouvet ASA's Cyclically Adjusted PB Ratio too high?
Bouvet ASA's current Cyclically Adjusted PB Ratio of 11.49 is 44% below median its 10-year median of 20.67. Over the past 10 years, this metric has ranged from a low of 10.91 to a high of 33.81. The Software industry median Cyclically Adjusted PB Ratio is 2.23. Bouvet ASA's value of 11.49 is 415.2% above this industry median. Based on the distribution chart, Bouvet ASA ranks #1444 out of 1568 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Bouvet ASA has a GF Score™ of 84/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Bouvet ASA's Cyclically Adjusted PB Ratio compare to IBM and ACN?
According to the Software industry distribution chart, Bouvet ASA ranks #1444 out of 1568 companies for Cyclically Adjusted PB Ratio. This places Bouvet ASA in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.23. Bouvet ASA's value of 11.49 is 415.2% above this benchmark. Historically, Bouvet ASA's own Cyclically Adjusted PB Ratio has ranged from 10.91 to 33.81 over the past decade. While the company's 10-year median is 20.67 vs. the industry median of 2.23, Bouvet ASA has consistently been above 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 2.23, based on 1,568 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. Bouvet ASA's current Cyclically Adjusted PB Ratio of 11.49 is 415.2% above 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 Bouvet ASA and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bouvet ASA's current Cyclically Adjusted PB Ratio is 11.49, which is 44% below median its own 10-year median of 20.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bouvet ASA stock overvalued right now?
Based on GuruFocus' analysis, Bouvet ASA (LTS:0HDU) is currently considered Possible Value Trap. The stock's GF Value™ is kr70.44, compared to a current price of kr45.05 — trading 36% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 11.49, which is 44% below median its 10-year median of 20.67 and 415.2% above the Software industry median of 2.23. Bouvet ASA's overall GF Score™ is 84/100 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 Bouvet ASA (LTS:0HDU), the current Cyclically Adjusted PB Ratio is 11.49 as of Aug. 05, 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 Bouvet ASA (LTS:0HDU) Overvalued in 2026?
Based on GuruFocus' analysis, Bouvet ASA stock appears to be undervalued.
The current stock price of kr45.05 is trading 36% below its estimated GF Value™ of kr70.44.
GuruFocus considers Bouvet ASA to be Possible Value Trap.
Key valuation signals for LTS:0HDU:
Cyclically Adjusted PB Ratio: 11.49 (44% below median its 10-year median of 20.67)
GF Value™: kr70.44 vs. price of kr45.05 (36% below fair value)
Industry Position: 415.2% above the Software median (#1444 of 1568)
No single metric tells the full story. See the LTS:0HDU stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bouvet ASA is a consultancy company that provides advice in the field of information technology and digital communication. It helps enterprises shape digital solutions that create efficiency and new business opportunities. The company caters to both private and public-sector players. Some of the business sectors that it caters to include Power supply, Industry, Oil and gas, Public admin, Transportation, Retail, Information and communication, Service industry, and Health. The company's geographical segments are Norway, Sweden, and other countries, of which the vast majority of its revenue comes from Norway.
84GF Score
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