Alfa Laval AB (LTS:0NNF) Cyclically Adjusted PB Ratio: 6.70 (As of Aug. 01, 2026) — 25% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
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:0NNF Alfa Laval AB LTS:0NNF
94 GF Score
Price kr567.40
GF Value kr480.58
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Alfa Laval AB Cyclically Adjusted PB Ratio?

Alfa Laval AB LTS:0NNF +1.76% 94 Cyclically Adjusted PB Ratio is 6.70 as of Aug. 01, 2026, which is 25% above its 10-year median of 5.35. GuruFocus rates LTS:0NNF with a GF Score™ of 94/100 and a GF Value™ of kr480.58 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 2,266 Industrial Products companies, Alfa Laval AB ranks worse than 85.97% on this metric.

As of today (2026-08-01), Alfa Laval AB's current share price is kr567.40. Alfa Laval AB's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was kr84.66. Alfa Laval AB's Cyclically Adjusted PB Ratio for today is 6.70.

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

LTS:0NNF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.54   Med: 5.35   Max: 7.37
Current: 6.75

During the past years, Alfa Laval AB's highest Cyclically Adjusted PB Ratio was 7.37. The lowest was 3.54. And the median was 5.35.

LTS:0NNF's Cyclically Adjusted PB Ratio is ranked worse than
85.97% of 2266 companies
in the Industrial Products industry
Industry Median: 2.08 vs LTS:0NNF: 6.75

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.

Alfa Laval AB's adjusted book value per share data for the three months ended in Jun. 2026 was kr109.935. 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 kr84.66 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Alfa Laval AB  (LTS:0NNF) 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.


Alfa Laval AB Cyclically Adjusted PB Ratio Related Terms


Alfa Laval AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Alfa Laval 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.

Alfa Laval AB Cyclically Adjusted PB Ratio Chart

Alfa Laval 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 6.70 4.61 5.57 5.98 5.67

Alfa Laval 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 4.98 5.29 5.67 6.08 6.78

LTS:0NNF vs GEV, ETN, PH: Cyclically Adjusted PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, Alfa Laval 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.


Alfa Laval AB Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Alfa Laval AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


LTS:0NNF
94GF Score
Alfa Laval AB LTS:0NNF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Alfa Laval 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=567.40/84.66
=6.70

* 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.

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

For example, Alfa Laval 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)
=109.935/134.1100*134.1100
=109.935

Current CPI (Jun. 2026) = 134.1100.

Alfa Laval AB Quarterly Data

Book Value per Share CPI Adj_Book
201609 47.621 101.138 63.146
201612 48.060 102.022 63.176
201703 49.497 102.022 65.065
201706 44.880 102.752 58.576
201709 46.448 103.279 60.314
201712 48.630 103.793 62.835
201803 53.231 103.962 68.668
201806 52.830 104.875 67.557
201809 54.060 105.679 68.604
201812 55.970 105.912 70.872
201903 61.222 105.886 77.541
201906 59.849 106.742 75.194
201909 63.456 107.214 79.375
201912 65.800 107.766 81.885
202003 64.240 106.563 80.846
202006 66.539 107.498 83.011
202009 68.393 107.635 85.216
202012 68.918 108.296 85.346
202103 73.953 108.360 91.527
202106 69.702 108.928 85.816
202109 71.891 110.338 87.380
202112 77.266 112.486 92.119
202203 82.026 114.825 95.802
202206 77.331 118.384 87.604
202209 81.800 122.296 89.702
202212 85.603 126.365 90.850
202303 85.538 127.042 90.297
202306 84.645 129.407 87.722
202309 89.254 130.224 91.918
202312 89.598 131.912 91.091
202403 95.624 132.205 97.002
202406 93.108 132.716 94.086
202409 95.339 132.304 96.640
202412 101.402 132.987 102.258
202503 102.585 132.825 103.578
202506 97.630 133.699 97.930
202509 102.336 133.480 102.819
202512 105.024 133.390 105.591
202603 113.187 133.560 113.653
202606 109.935 134.110 109.935

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 6.70 mean?
Alfa Laval AB (LTS:0NNF) has a Cyclically Adjusted PB Ratio of 6.70 as of Aug. 01, 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 Alfa Laval AB and its competitors. This is 25% above median its historical median of 5.35. Over the past decade, Alfa Laval AB's Cyclically Adjusted PB Ratio has ranged from 3.54 to 7.37. According to the industry distribution chart, Alfa Laval AB ranks #1948 out of 2266 companies in the Industrial Products industry, placing it in the top 86%.
Is Alfa Laval AB's Cyclically Adjusted PB Ratio too high?
Alfa Laval AB's current Cyclically Adjusted PB Ratio of 6.70 is 25% above median its 10-year median of 5.35. Over the past 10 years, this metric has ranged from a low of 3.54 to a high of 7.37. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.08. Alfa Laval AB's value of 6.70 is 222.1% above this industry median. Based on the distribution chart, Alfa Laval AB ranks #1948 out of 2266 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Alfa Laval AB has a GF Score™ of 94/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Alfa Laval AB's Cyclically Adjusted PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Alfa Laval AB ranks #1948 out of 2266 companies for Cyclically Adjusted PB Ratio. This places Alfa Laval AB in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.08. Alfa Laval AB's value of 6.70 is 222.1% above this benchmark. Historically, Alfa Laval AB's own Cyclically Adjusted PB Ratio has ranged from 3.54 to 7.37 over the past decade. While the company's 10-year median is 5.35 vs. the industry median of 2.08, Alfa Laval AB 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 an Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.08, based on 2,266 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. Alfa Laval AB's current Cyclically Adjusted PB Ratio of 6.70 is 222.1% 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 Alfa Laval AB and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alfa Laval AB's current Cyclically Adjusted PB Ratio is 6.70, which is 25% above median its own 10-year median of 5.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alfa Laval AB stock overvalued right now?
Based on GuruFocus' analysis, Alfa Laval AB (LTS:0NNF) is currently considered Modestly Overvalued. The stock's GF Value™ is kr480.58, compared to a current price of kr567.40 — trading 18.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 6.70, which is 25% above median its 10-year median of 5.35 and 222.1% above the Industrial Products industry median of 2.08. Alfa Laval AB's overall GF Score™ is 94/100 with 6 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 Alfa Laval AB (LTS:0NNF), the current Cyclically Adjusted PB Ratio is 6.70 as of Aug. 01, 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 Alfa Laval AB (LTS:0NNF) Overvalued in 2026?

Based on GuruFocus' analysis, Alfa Laval AB stock appears to be overvalued. The current stock price of kr567.40 is trading 18.1% above its estimated GF Value™ of kr480.58. GuruFocus considers Alfa Laval AB to be Modestly Overvalued.

Key valuation signals for LTS:0NNF:

  • Cyclically Adjusted PB Ratio: 6.70 (25% above median its 10-year median of 5.35)
  • GF Value™: kr480.58 vs. price of kr567.40 (18.1% above fair value)
  • GF Score™: 94/100 with 6 warning signs
  • Industry Position: 222.1% above the Industrial Products median (#1948 of 2266)

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


Alfa Laval AB Business Description

Address Rudeboksvagen 1, P.O. Box 73, Lund, SWE, SE-221 00
Alfa Laval is a leading manufacturer of highly engineered equipment, primarily in the areas of separation, heat transfer, and fluid handling, used by a diverse range of customers spanning the food, water, energy, and marine industries. These products play a key role in a number of industrial processes, and Alfa Laval enjoys a leading position in all three areas. Alfa Laval's history stretches back 140 years to when its first separator was developed. The company is listed on the Stockholm stock exchange.
94GF Score

Get the complete analysis for LTS:0NNF

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

kr567.40
Price
kr480.58
GF Value