Nolato AB (LTS:0OA9) Cyclically Adjusted PB Ratio: 2.96 (As of Aug. 12, 2026) — 53% Below Median

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Founder & CEO of GuruFocus
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LTS:0OA9 Nolato AB LTS:0OA9
71 GF Score
Price kr50.30
GF Value kr53.37
Valuation Fairly Valued
! 2 Warning Signs
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What is Nolato AB Cyclically Adjusted PB Ratio?

Nolato AB LTS:0OA9 +2.23% 71 Cyclically Adjusted PB Ratio is 2.96 as of Aug. 12, 2026, which is 53% below its 10-year median of 6.30. GuruFocus rates LTS:0OA9 with a GF Score™ of 71/100 and a GF Value™ of kr53.37 (Fairly Valued). The stock has 2 warning signs investors should review. Among 519 Medical Devices & Instruments companies, Nolato AB ranks worse than 64.35% on this metric.

As of today (2026-08-12), Nolato AB's current share price is kr50.2995. Nolato AB's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was kr16.97. Nolato AB's Cyclically Adjusted PB Ratio for today is 2.96.

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

LTS:0OA9' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.73   Med: 6.3   Max: 13.93
Current: 2.87

During the past years, Nolato AB's highest Cyclically Adjusted PB Ratio was 13.93. The lowest was 2.73. And the median was 6.30.

LTS:0OA9's Cyclically Adjusted PB Ratio is ranked worse than
64.35% of 519 companies
in the Medical Devices & Instruments industry
Industry Median: 1.86 vs LTS:0OA9: 2.87

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.

Nolato AB's adjusted book value per share data for the three months ended in Jun. 2026 was kr21.067. 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 kr16.97 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nolato AB  (LTS:0OA9) 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.


Nolato AB Cyclically Adjusted PB Ratio Related Terms


Nolato AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Nolato 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.

Nolato AB Cyclically Adjusted PB Ratio Chart

Nolato 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 11.72 4.72 3.92 3.63 3.83

Nolato 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 3.71 3.71 3.83 2.90 2.87

LTS:0OA9 vs ABT, SYK, MDT: Cyclically Adjusted PB Ratio Comparison

For the Medical Devices subindustry, Nolato 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.


Nolato AB Cyclically Adjusted PB Ratio vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Nolato AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


LTS:0OA9
71GF Score
Nolato AB LTS:0OA9
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nolato 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=50.2995/16.97
=2.96

* 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.

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

For example, Nolato 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)
=21.067/134.6100*134.6100
=21.067

Current CPI (Jun. 2026) = 134.6100.

Nolato AB Quarterly Data

Book Value per Share CPI Adj_Book
201609 6.618 101.138 8.808
201612 7.032 102.022 9.278
201703 7.431 102.022 9.805
201706 6.899 102.752 9.038
201709 7.412 103.279 9.661
201712 8.207 103.793 10.644
201803 9.169 103.962 11.872
201806 8.747 104.875 11.227
201809 9.207 105.679 11.728
201812 9.853 105.912 12.523
201903 10.579 105.886 13.449
201906 9.842 106.742 12.412
201909 10.696 107.214 13.429
201912 11.172 107.766 13.955
202003 12.129 106.563 15.321
202006 12.614 107.498 15.795
202009 13.664 107.635 17.088
202012 13.831 108.296 17.192
202103 15.050 108.360 18.696
202106 14.692 108.928 18.156
202109 15.894 110.338 19.390
202112 17.700 112.486 21.181
202203 18.598 114.825 21.803
202206 18.554 118.384 21.097
202209 20.039 122.296 22.057
202212 20.017 126.365 21.323
202303 20.544 127.042 21.768
202306 19.857 129.407 20.655
202309 19.979 130.224 20.652
202312 19.196 131.912 19.589
202403 20.566 132.205 20.940
202406 19.601 132.716 19.881
202409 19.731 132.304 20.075
202412 21.301 132.987 21.561
202503 20.644 132.825 20.922
202506 19.664 133.699 19.798
202509 20.288 133.480 20.460
202512 20.536 133.390 20.724
202603 21.709 133.560 21.880
202606 21.067 134.610 21.067

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 2.96 mean?
Nolato AB (LTS:0OA9) has a Cyclically Adjusted PB Ratio of 2.96 as of Aug. 12, 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 Nolato AB and its competitors. This is 53% below median its historical median of 6.30. Over the past decade, Nolato AB's Cyclically Adjusted PB Ratio has ranged from 2.73 to 13.93. According to the industry distribution chart, Nolato AB ranks #334 out of 519 companies in the Medical Devices & Instruments industry, placing it in the top 64.4%.
Is Nolato AB's Cyclically Adjusted PB Ratio too high?
Nolato AB's current Cyclically Adjusted PB Ratio of 2.96 is 53% below median its 10-year median of 6.30. Over the past 10 years, this metric has ranged from a low of 2.73 to a high of 13.93. The Medical Devices & Instruments industry median Cyclically Adjusted PB Ratio is 1.86. Nolato AB's value of 2.96 is 59.1% above this industry median. Based on the distribution chart, Nolato AB ranks #334 out of 519 companies in the Medical Devices & Instruments industry, which is below the industry midpoint. Overall, Nolato AB has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nolato AB's Cyclically Adjusted PB Ratio compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Nolato AB ranks #334 out of 519 companies for Cyclically Adjusted PB Ratio. This places Nolato AB in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.86. Nolato AB's value of 2.96 is 59.1% above this benchmark. Historically, Nolato AB's own Cyclically Adjusted PB Ratio has ranged from 2.73 to 13.93 over the past decade. While the company's 10-year median is 6.30 vs. the industry median of 1.86, Nolato 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 a Medical Devices & Instruments company?
The median Cyclically Adjusted PB Ratio among Medical Devices & Instruments companies is 1.86, based on 519 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. Nolato AB's current Cyclically Adjusted PB Ratio of 2.96 is 59.1% 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 Nolato AB and its competitors. For the Medical Devices & Instruments industry, the median Cyclically Adjusted PB Ratio is 1.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nolato AB's current Cyclically Adjusted PB Ratio is 2.96, which is 53% below median its own 10-year median of 6.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nolato AB stock overvalued right now?
Based on GuruFocus' analysis, Nolato AB (LTS:0OA9) is currently considered Fairly Valued. The stock's GF Value™ is kr53.37, compared to a current price of kr50.30 — trading 5.8% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.96, which is 53% below median its 10-year median of 6.30 and 59.1% above the Medical Devices & Instruments industry median of 1.86. Nolato AB's overall GF Score™ is 71/100 with 2 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 Nolato AB (LTS:0OA9), the current Cyclically Adjusted PB Ratio is 2.96 as of Aug. 12, 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 Nolato AB (LTS:0OA9) Overvalued in 2026?

Based on GuruFocus' analysis, Nolato AB stock appears to be undervalued. The current stock price of kr50.30 is trading 5.8% below its estimated GF Value™ of kr53.37. GuruFocus considers Nolato AB to be Fairly Valued.

Key valuation signals for LTS:0OA9:

  • Cyclically Adjusted PB Ratio: 2.96 (53% below median its 10-year median of 6.30)
  • GF Value™: kr53.37 vs. price of kr50.30 (5.8% below fair value)
  • GF Score™: 71/100 with 2 warning signs
  • Industry Position: 59.1% above the Medical Devices & Instruments median (#334 of 519)

No single metric tells the full story. See the LTS:0OA9 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nolato AB Business Description

Address Nolatovagen 32, Torekov, SWE, SE-269 78
Nolato AB is a Swedish company that develops and manufactures plastic, silicone, and thermoplastic elastomer products. The firm's operations are organized into two segments: Medical Solutions and Engineered Solutions. The company generates the majority of its revenue from the Medical Solutions segment, which is engaged in the development and manufacture of complex product systems and components for medical devices, the pharmaceutical industry, and diagnostics. The Engineered Solutions design, development, industrialization, and manufacture of subsystems and ready-packaged products for a range of industries, including offerings within EMC and thermal solutions. Geographically, the firm generates key revenue from the Rest of Europe and the United States.
71GF Score

Get the complete analysis for LTS:0OA9

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

kr50.30
Price
kr53.37
GF Value