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H+H International ASLTS:0M6J 54 Cyclically Adjusted PB Ratio is 1.29 as of Sep. 14, 2026, which is 31% below its 10-year median of 1.87. GuruFocus rates LTS:0M6J with a GF Score™ of 54/100 and a GF Value™ of kr91.49 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 284 Building Materials companies, H+H International AS ranks worse than 58.8% on this metric.
The historical rank and industry rank for H+H International AS's Cyclically Adjusted PB Ratio or its related term are showing as below:
LTS:0M6J'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.99 Med: 1.87 Max: 6.12
Current: 1.26
During the past years, H+H International AS's highest Cyclically Adjusted PB Ratio was 6.12. The lowest was 0.99. And the median was 1.87.
LTS:0M6J's Cyclically Adjusted PB Ratio is ranked worse than 58.8% of 284
companies
in the Building Materials industry
Industry Median: 0.945
vs LTS:0M6J: 1.26
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.
H+H International AS's adjusted book value per share data for the three months ended in Jun. 2026 was kr53.955. 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 kr79.02 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
H+H International AS (LTS:0M6J) 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.
H+H International AS Cyclically Adjusted PB Ratio Related Terms
H+H International AS Cyclically Adjusted PB Ratio Historical Data
* Premium members only.
The historical data trend for H+H International AS'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.
H+H International AS Cyclically Adjusted PB Ratio Chart
LTS:0M6J vs CRH, MLM, VMC: Cyclically Adjusted PB Ratio Comparison
For the Building Materials subindustry, H+H International AS'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.
H+H International AS Cyclically Adjusted PB Ratio vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, H+H International AS's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where H+H International AS's Cyclically Adjusted PB Ratio falls into.
H+H International AS 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.
* 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 1.29 mean?
H+H International AS (LTS:0M6J) has a Cyclically Adjusted PB Ratio of 1.29 as of Sep. 14, 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 H+H International AS and its competitors. This is 31% below median its historical median of 1.87. Over the past decade, H+H International AS's Cyclically Adjusted PB Ratio has ranged from 0.99 to 6.12. According to the industry distribution chart, H+H International AS ranks #167 out of 284 companies in the Building Materials industry, placing it in the top 58.8%.
Is H+H International AS's Cyclically Adjusted PB Ratio too high?
H+H International AS's current Cyclically Adjusted PB Ratio of 1.29 is 31% below median its 10-year median of 1.87. Over the past 10 years, this metric has ranged from a low of 0.99 to a high of 6.12. The Building Materials industry median Cyclically Adjusted PB Ratio is 0.95. H+H International AS's value of 1.29 is 36.5% above this industry median. Based on the distribution chart, H+H International AS ranks #167 out of 284 companies in the Building Materials industry, which is below the industry midpoint. Overall, H+H International AS has a GF Score™ of 54/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does H+H International AS's Cyclically Adjusted PB Ratio compare to CRH and MLM?
According to the Building Materials industry distribution chart, H+H International AS ranks #167 out of 284 companies for Cyclically Adjusted PB Ratio. This places H+H International AS in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.95. H+H International AS's value of 1.29 is 36.5% above this benchmark. Historically, H+H International AS's own Cyclically Adjusted PB Ratio has ranged from 0.99 to 6.12 over the past decade. While the company's 10-year median is 1.87 vs. the industry median of 0.95, H+H International AS 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 Building Materials company?
The median Cyclically Adjusted PB Ratio among Building Materials companies is 0.95, based on 284 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. H+H International AS's current Cyclically Adjusted PB Ratio of 1.29 is 36.5% 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 H+H International AS and its competitors. For the Building Materials industry, the median Cyclically Adjusted PB Ratio is 0.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. H+H International AS's current Cyclically Adjusted PB Ratio is 1.29, which is 31% below median its own 10-year median of 1.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is H+H International AS stock overvalued right now?
Based on GuruFocus' analysis, H+H International AS (LTS:0M6J) is currently considered Modestly Overvalued. The stock's GF Value™ is kr91.49, compared to a current price of kr101.80 — trading 11.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.29, which is 31% below median its 10-year median of 1.87 and 36.5% above the Building Materials industry median of 0.95. H+H International AS's overall GF Score™ is 54/100 with 8 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 H+H International AS (LTS:0M6J), the current Cyclically Adjusted PB Ratio is 1.29 as of Sep. 14, 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 H+H International AS (LTS:0M6J) Overvalued in 2026?
Based on GuruFocus' analysis, H+H International AS stock appears to be overvalued.
The current stock price of kr101.80 is trading 11.3% above its estimated GF Value™ of kr91.49.
GuruFocus considers H+H International AS to be Modestly Overvalued.
Key valuation signals for LTS:0M6J:
Cyclically Adjusted PB Ratio: 1.29 (31% below median its 10-year median of 1.87)
GF Value™: kr91.49 vs. price of kr101.80 (11.3% above fair value)
Industry Position: 36.5% above the Building Materials median (#167 of 284)
No single metric tells the full story. See the LTS:0M6J stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
H+H International AS is a wall-building materials provider. The company's core activity is the production and sale of autoclaved aerated concrete (AAC or aircrete) and calcium silicate units (CSU or sand-lime bricks). The main product lines are aircrete blocks and calcium silicate units used for the residential new building segment. The company has products such as H+H Foundations Blocks, H+H wall elements can also be used for solid external walls, sound-insulation requirements, construction of walls for private low-rise houses, Self-build, Commercial and industry and many more.
54GF Score
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Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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