Columbus AS (LTS:0NPJ) Cyclically Adjusted PB Ratio: 1.64 (As of Aug. 04, 2026) — Near Median

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Founder & CEO of GuruFocus
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LTS:0NPJ Columbus AS LTS:0NPJ
68 GF Score
Price kr9.80
GF Value kr9.46
Valuation Fairly Valued
! 5 Warning Signs
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What is Columbus AS Cyclically Adjusted PB Ratio?

Columbus AS LTS:0NPJ 68 Cyclically Adjusted PB Ratio is 1.64 as of Aug. 04, 2026, which is 5% below its 10-year median of 1.72. GuruFocus rates LTS:0NPJ with a GF Score™ of 68/100 and a GF Value™ of kr9.46 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,573 Software companies, Columbus AS ranks better than 60.9% on this metric.

As of today (2026-08-04), Columbus AS's current share price is kr9.80. Columbus AS's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was kr5.96. Columbus AS's Cyclically Adjusted PB Ratio for today is 1.64.

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

LTS:0NPJ' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.11   Med: 1.72   Max: 3.88
Current: 1.61

During the past years, Columbus AS's highest Cyclically Adjusted PB Ratio was 3.88. The lowest was 1.11. And the median was 1.72.

LTS:0NPJ's Cyclically Adjusted PB Ratio is ranked better than
60.9% of 1573 companies
in the Software industry
Industry Median: 2.24 vs LTS:0NPJ: 1.61

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.

Columbus AS's adjusted book value per share data for the three months ended in Mar. 2026 was kr5.854. 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 kr5.96 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Columbus AS  (LTS:0NPJ) 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.


Columbus AS Cyclically Adjusted PB Ratio Related Terms


Columbus AS Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Columbus 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.

Columbus AS Cyclically Adjusted PB Ratio Chart

Columbus AS 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 2.11 1.21 1.33 1.77 1.59

Columbus AS Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 2.10 1.69 1.72 1.59 1.62

LTS:0NPJ vs IBM, ACN, FISV: Cyclically Adjusted PB Ratio Comparison

For the Information Technology Services subindustry, Columbus 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.


Columbus AS Cyclically Adjusted PB Ratio vs Software Industry

For the Software industry and Technology sector, Columbus AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Columbus AS's Cyclically Adjusted PB Ratio falls into.


LTS:0NPJ
68GF Score
Columbus AS LTS:0NPJ
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Columbus 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.

Columbus AS's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=9.80/5.96
=1.64

* 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.

Columbus AS's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Columbus AS's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=5.854/121.6800*121.6800
=5.854

Current CPI (Mar. 2026) = 121.6800.

Columbus AS Quarterly Data

Book Value per Share CPI Adj_Book
201606 3.581 100.600 4.331
201609 3.666 100.200 4.452
201612 4.043 100.300 4.905
201703 4.197 101.200 5.046
201706 4.170 101.200 5.014
201709 4.258 101.800 5.090
201712 4.581 101.300 5.503
201803 4.476 101.700 5.355
201806 4.739 102.300 5.637
201809 4.864 102.400 5.780
201812 5.225 102.100 6.227
201903 5.516 102.900 6.523
201906 5.350 102.900 6.326
201909 5.742 102.900 6.790
201912 5.339 102.900 6.313
202003 5.262 103.300 6.198
202006 5.543 103.200 6.536
202009 5.579 103.500 6.559
202012 5.717 103.400 6.728
202103 11.880 104.300 13.860
202106 5.983 105.000 6.933
202109 5.955 105.800 6.849
202112 5.732 106.600 6.543
202203 5.709 109.900 6.321
202206 5.437 113.600 5.824
202209 5.426 116.400 5.672
202212 5.464 115.900 5.736
202303 5.576 117.300 5.784
202306 5.302 116.400 5.543
202309 5.400 117.400 5.597
202312 5.545 116.700 5.782
202403 5.735 118.400 5.894
202406 5.540 118.500 5.689
202409 5.573 118.900 5.703
202412 5.811 118.900 5.947
202503 6.144 120.200 6.220
202506 5.799 120.700 5.846
202509 5.701 121.600 5.705
202512 5.816 121.200 5.839
202603 5.854 121.680 5.854

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 1.64 mean?
Columbus AS (LTS:0NPJ) has a Cyclically Adjusted PB Ratio of 1.64 as of Aug. 04, 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 Columbus AS and its competitors. This is near median its historical median of 1.72. Over the past decade, Columbus AS's Cyclically Adjusted PB Ratio has ranged from 1.11 to 3.88. According to the industry distribution chart, Columbus AS ranks #615 out of 1573 companies in the Software industry, placing it in the top 39.1%.
Is Columbus AS's Cyclically Adjusted PB Ratio too high?
Columbus AS's current Cyclically Adjusted PB Ratio of 1.64 is near median its 10-year median of 1.72. Over the past 10 years, this metric has ranged from a low of 1.11 to a high of 3.88. The Software industry median Cyclically Adjusted PB Ratio is 2.24. Columbus AS's value of 1.64 is 26.8% below this industry median. Based on the distribution chart, Columbus AS ranks #615 out of 1573 companies in the Software industry, which is above the industry midpoint. Overall, Columbus AS has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Columbus AS's Cyclically Adjusted PB Ratio compare to IBM and ACN?
According to the Software industry distribution chart, Columbus AS ranks #615 out of 1573 companies for Cyclically Adjusted PB Ratio. This puts Columbus AS in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.24. Columbus AS's value of 1.64 is 26.8% below this benchmark. Historically, Columbus AS's own Cyclically Adjusted PB Ratio has ranged from 1.11 to 3.88 over the past decade. While the company's 10-year median is 1.72 vs. the industry median of 2.24, Columbus AS has consistently been below 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 2.24, based on 1,573 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. Columbus AS's current Cyclically Adjusted PB Ratio of 1.64 is 26.8% below 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 Columbus AS and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Columbus AS's current Cyclically Adjusted PB Ratio is 1.64, which is near median its own 10-year median of 1.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Columbus AS stock overvalued right now?
Based on GuruFocus' analysis, Columbus AS (LTS:0NPJ) is currently considered Fairly Valued. The stock's GF Value™ is kr9.46, compared to a current price of kr9.80 — trading 3.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.64, which is near median its 10-year median of 1.72 and 26.8% below the Software industry median of 2.24. Columbus AS's overall GF Score™ is 68/100 with 5 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 Columbus AS (LTS:0NPJ), the current Cyclically Adjusted PB Ratio is 1.64 as of Aug. 04, 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 Columbus AS (LTS:0NPJ) Overvalued in 2026?

Based on GuruFocus' analysis, Columbus AS stock appears to be overvalued. The current stock price of kr9.80 is trading 3.6% above its estimated GF Value™ of kr9.46. GuruFocus considers Columbus AS to be Fairly Valued.

Key valuation signals for LTS:0NPJ:

  • Cyclically Adjusted PB Ratio: 1.64 (near median its 10-year median of 1.72)
  • GF Value™: kr9.46 vs. price of kr9.80 (3.6% above fair value)
  • GF Score™: 68/100 with 5 warning signs
  • Industry Position: 26.8% below the Software median (#615 of 1573)

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


Columbus AS Business Description

Other Exchanges COLUM:DenmarkP1F:Germany
Address Lautrupvang 6, Ballerup, DNK, DK-2750
Columbus AS is a digital consultancy company. The group specialises in solving complex challenges for customers in the manufacturing, retail and distribution, food and beverage, and life science industries. It delivers business-critical solutions in areas such as CloudERP, Data & Analytics, Application Management, Digital Commerce, Cybersecurity, AI Innovation, and ESG. The company's geographical segments include Sweden, Denmark, Norway, the UK, the U.S., and Other.
68GF Score

Get the complete analysis for LTS:0NPJ

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

kr9.80
Price
kr9.46
GF Value