Saga Pure ASA (LTS:0N0A) Cyclically Adjusted PB Ratio: (As of Aug. 26, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
Charlie Tian
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:0N0A Saga Pure ASA LTS:0N0A
33 GF Score
Price kr1.60
GF Value kr0.64
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Saga Pure ASA Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Saga Pure ASA  (LTS:0N0A) 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.


Saga Pure ASA Cyclically Adjusted PB Ratio Related Terms


Saga Pure ASA Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Saga Pure 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.

Saga Pure ASA Cyclically Adjusted PB Ratio Chart

Saga Pure ASA 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 1.66 0.81 0.61 0.58 0.73

Saga Pure ASA 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 0.63 0.64 0.73 0.71 0.00

LTS:0N0A vs BLK, BX, KKR: Cyclically Adjusted PB Ratio Comparison

For the Asset Management subindustry, Saga Pure 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.


Saga Pure ASA Cyclically Adjusted PB Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Saga Pure ASA's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Saga Pure ASA's Cyclically Adjusted PB Ratio falls into.


LTS:0N0A
33GF Score
Saga Pure ASA LTS:0N0A
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Saga Pure 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.

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

For example, Saga Pure ASA'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)
=1.681/141.5800*141.5800
=1.681

Current CPI (Jun. 2026) = 141.5800.

Saga Pure ASA Quarterly Data

Book Value per Share CPI Adj_Book
201609 2.410 104.200 3.275
201612 2.457 104.400 3.332
201703 2.630 105.000 3.546
201706 2.511 105.800 3.360
201709 1.261 105.900 1.686
201712 1.287 106.100 1.717
201803 1.291 107.300 1.703
201806 1.376 108.500 1.796
201809 1.322 109.500 1.709
201812 0.947 109.800 1.221
201903 1.011 110.400 1.297
201906 0.992 110.600 1.270
201909 0.969 111.100 1.235
201912 1.099 111.300 1.398
202003 0.785 111.200 0.999
202006 0.852 112.100 1.076
202009 0.758 112.900 0.951
202012 1.759 112.900 2.206
202103 2.228 114.600 2.753
202106 2.237 115.300 2.747
202109 2.118 117.500 2.552
202112 2.314 118.900 2.755
202203 2.331 119.800 2.755
202206 2.620 122.600 3.026
202209 2.286 125.600 2.577
202212 2.076 125.900 2.335
202303 1.907 127.600 2.116
202306 1.887 130.400 2.049
202309 1.865 129.800 2.034
202312 1.785 131.900 1.916
202403 1.822 132.600 1.945
202406 1.844 133.800 1.951
202409 1.812 133.700 1.919
202412 1.792 134.800 1.882
202503 1.809 136.100 1.882
202506 1.737 137.800 1.785
202509 1.753 138.500 1.792
202512 1.674 139.100 1.704
202603 1.686 141.030 1.693
202606 1.681 141.580 1.681

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.

Is Saga Pure ASA (LTS:0N0A) Overvalued in 2026?

Based on GuruFocus' analysis, Saga Pure ASA stock appears to be overvalued. The current stock price of kr1.60 is trading 149.2% above its estimated GF Value™ of kr0.64. GuruFocus considers Saga Pure ASA to be Significantly Overvalued.

Key valuation signals for LTS:0N0A:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: kr0.64 vs. price of kr1.60 (149.2% above fair value)
  • GF Score™: 33/100 with 3 warning signs

No single metric tells the full story. See the LTS:0N0A stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Saga Pure ASA Business Description

Other Exchanges SAGA:NorwaySAT:Germany
Address c/o Ferncliff TIH AS, Sjolyst plass 2, Oslo, NOR, 0278
Saga Pure ASA is an investment company. The Group's primary business activity is focused on investment and management related to industries, energy, and real estate, which includes ownership and investment in other businesses. The company is organised in one main operating segment that invests in financial instruments. All of the Company's activities are interrelated, and each activity is dependent on the others.
33GF Score

Get the complete analysis for LTS:0N0A

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

kr1.60
Price
kr0.64
GF Value