SpareBank 1 Sor Norge ASA (LTS:0Q57) Cyclically Adjusted PB Ratio: 1.69 (As of Aug. 13, 2026) — 28% Above Median

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LTS:0Q57 SpareBank 1 Sor Norge ASA LTS:0Q57
76 GF Score
Price kr207.50
GF Value kr161.85
Valuation Modestly Overvalued
! 8 Warning Signs
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What is SpareBank 1 Sor Norge ASA Cyclically Adjusted PB Ratio?

SpareBank 1 Sor Norge ASA LTS:0Q57 -0.24% 76 Cyclically Adjusted PB Ratio is 1.69 as of Aug. 13, 2026, which is 28% above its 10-year median of 1.32. GuruFocus rates LTS:0Q57 with a GF Score™ of 76/100 and a GF Value™ of kr161.85 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 1,288 Banks companies, SpareBank 1 Sor Norge ASA ranks worse than 71.27% on this metric.

As of today (2026-08-13), SpareBank 1 Sor Norge ASA's current share price is kr207.50. SpareBank 1 Sor Norge ASA's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was kr122.49. SpareBank 1 Sor Norge ASA's Cyclically Adjusted PB Ratio for today is 1.69.

The historical rank and industry rank for SpareBank 1 Sor Norge ASA's Cyclically Adjusted PB Ratio or its related term are showing as below:

LTS:0Q57' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.73   Med: 1.32   Max: 1.78
Current: 1.7

During the past years, SpareBank 1 Sor Norge ASA's highest Cyclically Adjusted PB Ratio was 1.78. The lowest was 0.73. And the median was 1.32.

LTS:0Q57's Cyclically Adjusted PB Ratio is ranked worse than
71.27% of 1288 companies
in the Banks industry
Industry Median: 1.28 vs LTS:0Q57: 1.70

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.

SpareBank 1 Sor Norge ASA's adjusted book value per share data for the three months ended in Mar. 2026 was kr151.699. 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 kr122.49 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


SpareBank 1 Sor Norge ASA  (LTS:0Q57) 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.


SpareBank 1 Sor Norge ASA Cyclically Adjusted PB Ratio Related Terms


SpareBank 1 Sor Norge ASA Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for SpareBank 1 Sor Norge 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.

SpareBank 1 Sor Norge ASA Cyclically Adjusted PB Ratio Chart

SpareBank 1 Sor Norge 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 1.60 1.30 1.26 1.33 1.66

SpareBank 1 Sor Norge ASA 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 1.50 1.60 1.51 1.66 1.72

SpareBank 1 Sor Norge ASA Cyclically Adjusted PB Ratio Competitor Comparison

For the Banks - Regional subindustry, SpareBank 1 Sor Norge 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.


SpareBank 1 Sor Norge ASA Cyclically Adjusted PB Ratio vs Banks Industry

For the Banks industry and Financial Services sector, SpareBank 1 Sor Norge ASA's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where SpareBank 1 Sor Norge ASA's Cyclically Adjusted PB Ratio falls into.


LTS:0Q57
76GF Score
SpareBank 1 Sor Norge ASA LTS:0Q57
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SpareBank 1 Sor Norge 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.

SpareBank 1 Sor Norge ASA's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=207.50/122.49
=1.69

* 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.

SpareBank 1 Sor Norge ASA's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, SpareBank 1 Sor Norge ASA'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)
=151.699/141.0300*141.0300
=151.699

Current CPI (Mar. 2026) = 141.0300.

SpareBank 1 Sor Norge ASA Quarterly Data

Book Value per Share CPI Adj_Book
201606 67.157 103.800 91.244
201609 69.355 104.200 93.869
201612 71.538 104.400 96.638
201703 72.911 105.000 97.930
201706 73.310 105.800 97.721
201709 75.658 105.900 100.756
201712 77.830 106.100 103.453
201803 79.792 107.300 104.875
201806 77.868 108.500 101.214
201809 82.170 109.500 105.830
201812 84.427 109.800 108.440
201903 90.443 110.400 115.536
201906 90.331 110.600 115.184
201909 92.486 111.100 117.401
201912 97.137 111.300 123.084
202003 97.787 111.200 124.019
202006 98.552 112.100 123.986
202009 100.748 112.900 125.850
202012 103.188 112.900 128.898
202103 100.350 114.600 123.494
202106 103.315 115.300 126.370
202109 103.051 117.500 123.688
202112 106.292 118.900 126.075
202203 109.557 119.800 128.972
202206 106.136 122.600 122.091
202209 109.506 125.600 122.959
202212 112.184 125.900 125.666
202303 116.979 127.600 129.291
202306 116.305 130.400 125.786
202309 121.521 129.800 132.035
202312 127.014 131.900 135.806
202403 130.656 132.600 138.962
202406 129.146 133.800 136.125
202409 136.681 133.700 144.174
202412 140.228 134.800 146.709
202503 144.745 136.100 149.988
202506 139.654 137.800 142.927
202509 143.998 138.500 146.628
202512 148.031 139.100 150.085
202603 151.699 141.030 151.699

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 1.69 mean?
SpareBank 1 Sor Norge ASA (LTS:0Q57) has a Cyclically Adjusted PB Ratio of 1.69 as of Aug. 13, 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 SpareBank 1 Sor Norge ASA and its competitors. This is 28% above median its historical median of 1.32. Over the past decade, SpareBank 1 Sor Norge ASA's Cyclically Adjusted PB Ratio has ranged from 0.73 to 1.78. According to the industry distribution chart, SpareBank 1 Sor Norge ASA ranks #918 out of 1288 companies in the Banks industry, placing it in the top 71.3%.
Is SpareBank 1 Sor Norge ASA's Cyclically Adjusted PB Ratio too high?
SpareBank 1 Sor Norge ASA's current Cyclically Adjusted PB Ratio of 1.69 is 28% above median its 10-year median of 1.32. Over the past 10 years, this metric has ranged from a low of 0.73 to a high of 1.78. The Banks industry median Cyclically Adjusted PB Ratio is 1.28. SpareBank 1 Sor Norge ASA's value of 1.69 is 32% above this industry median. Based on the distribution chart, SpareBank 1 Sor Norge ASA ranks #918 out of 1288 companies in the Banks industry, which is below the industry midpoint. Overall, SpareBank 1 Sor Norge ASA has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SpareBank 1 Sor Norge ASA's Cyclically Adjusted PB Ratio compare to competitors?
According to the Banks industry distribution chart, SpareBank 1 Sor Norge ASA ranks #918 out of 1288 companies for Cyclically Adjusted PB Ratio. This places SpareBank 1 Sor Norge ASA in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.28. SpareBank 1 Sor Norge ASA's value of 1.69 is 32% above this benchmark. Historically, SpareBank 1 Sor Norge ASA's own Cyclically Adjusted PB Ratio has ranged from 0.73 to 1.78 over the past decade. While the company's 10-year median is 1.32 vs. the industry median of 1.28, SpareBank 1 Sor Norge ASA 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 Banks company?
The median Cyclically Adjusted PB Ratio among Banks companies is 1.28, based on 1,288 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. SpareBank 1 Sor Norge ASA's current Cyclically Adjusted PB Ratio of 1.69 is 32% 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 SpareBank 1 Sor Norge ASA and its competitors. For the Banks industry, the median Cyclically Adjusted PB Ratio is 1.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SpareBank 1 Sor Norge ASA's current Cyclically Adjusted PB Ratio is 1.69, which is 28% above median its own 10-year median of 1.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SpareBank 1 Sor Norge ASA stock overvalued right now?
Based on GuruFocus' analysis, SpareBank 1 Sor Norge ASA (LTS:0Q57) is currently considered Modestly Overvalued. The stock's GF Value™ is kr161.85, compared to a current price of kr207.50 — trading 28.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.69, which is 28% above median its 10-year median of 1.32 and 32% above the Banks industry median of 1.28. SpareBank 1 Sor Norge ASA's overall GF Score™ is 76/100 with 8 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 SpareBank 1 Sor Norge ASA (LTS:0Q57), the current Cyclically Adjusted PB Ratio is 1.69 as of Aug. 13, 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 SpareBank 1 Sor Norge ASA (LTS:0Q57) Overvalued in 2026?

Based on GuruFocus' analysis, SpareBank 1 Sor Norge ASA stock appears to be overvalued. The current stock price of kr207.50 is trading 28.2% above its estimated GF Value™ of kr161.85. GuruFocus considers SpareBank 1 Sor Norge ASA to be Modestly Overvalued.

Key valuation signals for LTS:0Q57:

  • Cyclically Adjusted PB Ratio: 1.69 (28% above median its 10-year median of 1.32)
  • GF Value™: kr161.85 vs. price of kr207.50 (28.2% above fair value)
  • GF Score™: 76/100 with 8 warning signs
  • Industry Position: 32% above the Banks median (#918 of 1288)

No single metric tells the full story. See the LTS:0Q57 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SpareBank 1 Sor Norge ASA Business Description

Address Christen Tranes Gate 35, Stavanger, NOR, 4007
SpareBank 1 Sor Norge ASA is a regional bank engaged in selling and procuring a wide range of financial products and services, including investment services, leasing, estate agency, and accounting services. The company's reportable segments are Retail market, which generates maximum revenue, Corporate market, SME and agriculture, and Other.
76GF Score

Get the complete analysis for LTS:0Q57

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

kr207.50
Price
kr161.85
GF Value