KDventures AB (LTS:0P3C) Cyclically Adjusted PB Ratio: 0.06 (As of Jul. 30, 2026) — 65% Below Median

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Director of Data and Quant Analytics at GuruFocus
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LTS:0P3C KDventures AB LTS:0P3C
38 GF Score
Price kr0.27
GF Value kr0.77
Valuation Possible Value Trap
! 3 Warning Signs
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What is KDventures AB Cyclically Adjusted PB Ratio?

KDventures AB LTS:0P3C 38 Cyclically Adjusted PB Ratio is 0.06 as of Jul. 30, 2026, which is 65% below its 10-year median of 0.17. GuruFocus rates LTS:0P3C with a GF Score™ of 38/100 and a GF Value™ of kr0.77 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 700 Biotechnology companies, KDventures AB ranks better than 90.57% on this metric.

As of today (2026-07-30), KDventures AB's current share price is kr0.2675. KDventures AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was kr4.30. KDventures AB's Cyclically Adjusted PB Ratio for today is 0.06.

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

LTS:0P3C' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.06   Med: 0.17   Max: 0.45
Current: 0.07

During the past years, KDventures AB's highest Cyclically Adjusted PB Ratio was 0.45. The lowest was 0.06. And the median was 0.17.

LTS:0P3C's Cyclically Adjusted PB Ratio is ranked better than
90.57% of 700 companies
in the Biotechnology industry
Industry Median: 1.58 vs LTS:0P3C: 0.07

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.

KDventures AB's adjusted book value per share data for the three months ended in Mar. 2026 was kr1.676. 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 kr4.30 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


KDventures AB  (LTS:0P3C) 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.


KDventures AB Cyclically Adjusted PB Ratio Related Terms


KDventures AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for KDventures 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.

KDventures AB Cyclically Adjusted PB Ratio Chart

KDventures 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 0.32 0.13 0.19 0.18 0.10

KDventures AB 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 0.21 0.22 0.20 0.10 0.07

LTS:0P3C vs VRTX, REGN, RVMD: Cyclically Adjusted PB Ratio Comparison

For the Biotechnology subindustry, KDventures 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.


KDventures AB Cyclically Adjusted PB Ratio vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, KDventures AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


LTS:0P3C
38GF Score
KDventures AB LTS:0P3C
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

KDventures 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.2675/4.30
=0.06

* 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.

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

For example, KDventures AB'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)
=1.676/133.5600*133.5600
=1.676

Current CPI (Mar. 2026) = 133.5600.

KDventures AB Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.328 101.019 1.756
201609 0.993 101.138 1.311
201612 0.406 102.022 0.532
201703 1.180 102.022 1.545
201706 0.643 102.752 0.836
201709 3.667 103.279 4.742
201712 3.017 103.793 3.882
201803 2.783 103.962 3.575
201806 3.126 104.875 3.981
201809 3.191 105.679 4.033
201812 3.340 105.912 4.212
201903 3.130 105.886 3.948
201906 3.214 106.742 4.022
201909 3.036 107.214 3.782
201912 4.148 107.766 5.141
202003 3.629 106.563 4.548
202006 3.638 107.498 4.520
202009 2.941 107.635 3.649
202012 3.294 108.296 4.062
202103 3.192 108.360 3.934
202106 4.083 108.928 5.006
202109 4.078 110.338 4.936
202112 3.997 112.486 4.746
202203 3.930 114.825 4.571
202206 3.863 118.384 4.358
202209 3.722 122.296 4.065
202212 3.752 126.365 3.966
202303 3.668 127.042 3.856
202306 3.738 129.407 3.858
202309 3.774 130.224 3.871
202312 3.769 131.912 3.816
202403 3.769 132.205 3.808
202406 3.721 132.716 3.745
202409 3.688 132.304 3.723
202412 3.744 132.987 3.760
202503 3.701 132.825 3.721
202506 3.480 133.699 3.476
202509 3.278 133.480 3.280
202512 3.158 133.390 3.162
202603 1.676 133.560 1.676

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 0.06 mean?
KDventures AB (LTS:0P3C) has a Cyclically Adjusted PB Ratio of 0.06 as of Jul. 30, 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 KDventures AB and its competitors. This is 65% below median its historical median of 0.17. Over the past decade, KDventures AB's Cyclically Adjusted PB Ratio has ranged from 0.06 to 0.45. According to the industry distribution chart, KDventures AB ranks #66 out of 700 companies in the Biotechnology industry, placing it in the top 9.4%.
Is KDventures AB's Cyclically Adjusted PB Ratio too high?
KDventures AB's current Cyclically Adjusted PB Ratio of 0.06 is 65% below median its 10-year median of 0.17. Over the past 10 years, this metric has ranged from a low of 0.06 to a high of 0.45. The Biotechnology industry median Cyclically Adjusted PB Ratio is 1.58. KDventures AB's value of 0.06 is 96.2% below this industry median. Based on the distribution chart, KDventures AB ranks #66 out of 700 companies in the Biotechnology industry, which is in the top quartile — a strong position relative to peers. Overall, KDventures AB has a GF Score™ of 38/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does KDventures AB's Cyclically Adjusted PB Ratio compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, KDventures AB ranks #66 out of 700 companies for Cyclically Adjusted PB Ratio. This places KDventures AB in the top 9% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.58. KDventures AB's value of 0.06 is 96.2% below this benchmark. Historically, KDventures AB's own Cyclically Adjusted PB Ratio has ranged from 0.06 to 0.45 over the past decade. While the company's 10-year median is 0.17 vs. the industry median of 1.58, KDventures AB 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 Biotechnology company?
The median Cyclically Adjusted PB Ratio among Biotechnology companies is 1.58, based on 700 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. KDventures AB's current Cyclically Adjusted PB Ratio of 0.06 is 96.2% 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 KDventures AB and its competitors. For the Biotechnology industry, the median Cyclically Adjusted PB Ratio is 1.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KDventures AB's current Cyclically Adjusted PB Ratio is 0.06, which is 65% below median its own 10-year median of 0.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KDventures AB stock overvalued right now?
Based on GuruFocus' analysis, KDventures AB (LTS:0P3C) is currently considered Possible Value Trap. The stock's GF Value™ is kr0.77, compared to a current price of kr0.27 — trading 65.3% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.06, which is 65% below median its 10-year median of 0.17 and 96.2% below the Biotechnology industry median of 1.58. KDventures AB's overall GF Score™ is 38/100 with 3 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 KDventures AB (LTS:0P3C), the current Cyclically Adjusted PB Ratio is 0.06 as of Jul. 30, 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 KDventures AB (LTS:0P3C) Overvalued in 2026?

Based on GuruFocus' analysis, KDventures AB stock appears to be undervalued. The current stock price of kr0.27 is trading 65.3% below its estimated GF Value™ of kr0.77. GuruFocus considers KDventures AB to be Possible Value Trap.

Key valuation signals for LTS:0P3C:

  • Cyclically Adjusted PB Ratio: 0.06 (65% below median its 10-year median of 0.17)
  • GF Value™: kr0.77 vs. price of kr0.27 (65.3% below fair value)
  • GF Score™: 38/100 with 3 warning signs
  • Industry Position: 96.2% below the Biotechnology median (#66 of 700)

No single metric tells the full story. See the LTS:0P3C stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


KDventures AB Business Description

Other Exchanges KDV:Sweden2I9:Germany
Address Nanna Svartz vag 6A, Solna, SWE, 171 65
KDventures AB is a Nordic investment company specialized in life sciences. The company identifies and invests in pharmaceutical projects and medical technology products originating from research institutions in the Nordic region. Through a diversified portfolio across various stages of development, professional due diligence, and active board engagement, the company creates value from early research to commercialization. The company offers investors exposure to both listed and private life science projects with value growth potential.
38GF Score

Get the complete analysis for LTS:0P3C

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

kr0.27
Price
kr0.77
GF Value