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Zalaris ASA (LTS:0QWF) Cyclically Adjusted PB Ratio : 9.57 (As of Jun. 02, 2025)


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What is Zalaris ASA Cyclically Adjusted PB Ratio?

As of today (2025-06-02), Zalaris ASA's current share price is kr80.20. Zalaris ASA's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was kr8.38. Zalaris ASA's Cyclically Adjusted PB Ratio for today is 9.57.

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

LTS:0QWF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.26   Med: 6.46   Max: 10.71
Current: 9.87

During the past years, Zalaris ASA's highest Cyclically Adjusted PB Ratio was 10.71. The lowest was 3.26. And the median was 6.46.

LTS:0QWF's Cyclically Adjusted PB Ratio is ranked worse than
95.03% of 684 companies
in the Business Services industry
Industry Median: 1.535 vs LTS:0QWF: 9.87

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.

Zalaris ASA's adjusted book value per share data for the three months ended in Mar. 2025 was kr12.776. 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 kr8.38 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Zalaris ASA Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Zalaris 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.

* Premium members only.

Zalaris ASA Cyclically Adjusted PB Ratio Chart

Zalaris ASA Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 4.43 6.50 9.64

Zalaris ASA Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 9.20 10.47 9.12 9.64 10.36

Competitive Comparison of Zalaris ASA's Cyclically Adjusted PB Ratio

For the Staffing & Employment Services subindustry, Zalaris 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.


Zalaris ASA's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Zalaris ASA's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Zalaris 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.

Zalaris ASA's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=80.20/8.38
=9.57

* 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.

Zalaris ASA's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Zalaris ASA's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=12.776/136.1000*136.1000
=12.776

Current CPI (Mar. 2025) = 136.1000.

Zalaris ASA Quarterly Data

Book Value per Share CPI Adj_Book
201506 4.520 100.100 6.146
201509 4.830 100.600 6.534
201512 5.179 100.900 6.986
201603 5.379 102.500 7.142
201606 4.614 103.800 6.050
201609 4.801 104.200 6.271
201612 5.287 104.400 6.892
201703 5.450 105.000 7.064
201706 5.771 105.800 7.424
201709 6.256 105.900 8.040
201712 5.975 106.100 7.664
201803 6.254 107.300 7.933
201806 5.274 108.500 6.616
201809 4.776 109.500 5.936
201812 5.437 109.800 6.739
201903 5.282 110.400 6.512
201906 5.060 110.600 6.227
201909 5.171 111.100 6.335
201912 4.710 111.300 5.759
202003 4.888 111.200 5.983
202006 5.174 112.100 6.282
202009 5.510 112.900 6.642
202012 5.319 112.900 6.412
202103 5.626 114.600 6.681
202106 9.483 115.300 11.194
202109 9.531 117.500 11.040
202112 9.567 118.900 10.951
202203 8.793 119.800 9.989
202206 8.424 122.600 9.352
202209 8.313 125.600 9.008
202212 7.656 125.900 8.276
202303 7.916 127.600 8.443
202306 8.287 130.400 8.649
202309 8.313 129.800 8.716
202312 9.489 131.900 9.791
202403 10.702 132.600 10.984
202406 10.677 133.800 10.861
202409 11.463 133.700 11.669
202412 12.150 134.800 12.267
202503 12.776 136.100 12.776

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.


Zalaris ASA  (LTS:0QWF) 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.


Zalaris ASA Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Zalaris ASA's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Zalaris ASA Business Description

Industry
Traded in Other Exchanges
Address
Hoffsveien 4, Oslo, NOR, NO-0275
Zalaris ASA is a company that offers outsourced personnel and payroll services. The company has two reportable segments: Managed Services and Professional Services. Managed Services include payroll and HR outsourcing services, cloud system solutions and services, and contribute to the majority of the revenue. Professional Services include change project deliveries and customer-specific functionality implementation. Zalaris operates in Norway, Northern Europe, Central Europe, the UK, Ireland, and APAC.

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