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SpareBank 1 Nord-Norge (LTS:0J1N) Cyclically Adjusted PB Ratio : 0.90 (As of Jun. 03, 2025)


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What is SpareBank 1 Nord-Norge Cyclically Adjusted PB Ratio?

As of today (2025-06-03), SpareBank 1 Nord-Norge's current share price is kr147.32. SpareBank 1 Nord-Norge's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was kr162.89. SpareBank 1 Nord-Norge's Cyclically Adjusted PB Ratio for today is 0.90.

The historical rank and industry rank for SpareBank 1 Nord-Norge's Cyclically Adjusted PB Ratio or its related term are showing as below:

LTS:0J1N' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.44   Med: 0.65   Max: 0.92
Current: 0.91

During the past years, SpareBank 1 Nord-Norge's highest Cyclically Adjusted PB Ratio was 0.92. The lowest was 0.44. And the median was 0.65.

LTS:0J1N's Cyclically Adjusted PB Ratio is ranked better than
57.79% of 1284 companies
in the Banks industry
Industry Median: 1.01 vs LTS:0J1N: 0.91

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.

SpareBank 1 Nord-Norge's adjusted book value per share data for the three months ended in Mar. 2025 was kr197.753. 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 kr162.89 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


SpareBank 1 Nord-Norge Cyclically Adjusted PB Ratio Historical Data

The historical data trend for SpareBank 1 Nord-Norge'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.

* Premium members only.

SpareBank 1 Nord-Norge Cyclically Adjusted PB Ratio Chart

SpareBank 1 Nord-Norge Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.62 0.87 0.68 0.68 0.77

SpareBank 1 Nord-Norge Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.63 0.64 0.69 0.77 0.87

Competitive Comparison of SpareBank 1 Nord-Norge's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, SpareBank 1 Nord-Norge'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.


SpareBank 1 Nord-Norge's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, SpareBank 1 Nord-Norge's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where SpareBank 1 Nord-Norge's Cyclically Adjusted PB Ratio falls into.


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SpareBank 1 Nord-Norge 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.

SpareBank 1 Nord-Norge's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=147.32/162.89
=0.90

* 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.

SpareBank 1 Nord-Norge's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, SpareBank 1 Nord-Norge's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=197.753/136.1000*136.1000
=197.753

Current CPI (Mar. 2025) = 136.1000.

SpareBank 1 Nord-Norge Quarterly Data

Book Value per Share CPI Adj_Book
201506 94.653 100.100 128.694
201509 96.516 100.600 130.575
201512 99.215 100.900 133.827
201603 100.380 102.500 133.285
201606 103.120 103.800 135.208
201609 106.685 104.200 139.346
201612 109.673 104.400 142.974
201703 105.341 105.000 136.542
201706 112.363 105.800 144.543
201709 115.759 105.900 148.771
201712 122.502 106.100 157.140
201803 116.315 107.300 147.535
201806 120.647 108.500 151.337
201809 127.042 109.500 157.903
201812 130.062 109.800 161.215
201903 129.943 110.400 160.192
201906 135.458 110.600 166.689
201909 139.183 111.100 170.502
201912 141.158 111.300 172.611
202003 136.365 111.200 166.900
202006 141.248 112.100 171.488
202009 146.056 112.900 176.069
202012 149.624 112.900 180.370
202103 151.514 114.600 179.939
202106 157.261 115.300 185.631
202109 162.689 117.500 188.442
202112 163.908 118.900 187.619
202203 156.345 119.800 177.617
202206 157.413 122.600 174.746
202209 154.734 125.600 167.670
202212 156.298 125.900 168.961
202303 147.593 127.600 157.425
202306 153.041 130.400 159.731
202309 158.121 129.800 165.796
202312 168.778 131.900 174.152
202403 160.382 132.600 164.615
202406 167.264 133.800 170.139
202409 180.053 133.700 183.285
202412 189.864 134.800 191.695
202503 197.753 136.100 197.753

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.


SpareBank 1 Nord-Norge  (LTS:0J1N) 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.


SpareBank 1 Nord-Norge Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of SpareBank 1 Nord-Norge's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


SpareBank 1 Nord-Norge Business Description

Traded in Other Exchanges
Address
Storgata 65, PO Box 6800, Tromso, NOR, 9008
SpareBank 1 Nord-Norge is a Norwegian banking services provider. Apart from general banking solutions, its areas of expertise include estate agency, asset financing, and accounting operations. The company operates with primary segments, namely the retail market and the corporate market. In addition, the subsidiary companies' activities, such as accounting services, real estate brokerage, and leasing/sale-leaseback financing, are considered. The Retail Banking segment serves individual customers through the provision of retail banking products such as loans, deposits, cards, and insurance. The Corporate Banking segment focuses purely on corporate customers.

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