Eolus AB (publ) (LTS:0R8F) Cyclically Adjusted PB Ratio: 1.03 (As of Sep. 16, 2026) — 43% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

LTS:0R8F Eolus AB (publ) LTS:0R8F
66 GF Score
Price kr51.40
GF Value kr74.05
Valuation Significantly Undervalued
! 7 Warning Signs
View Full Analysis

What is Eolus AB (publ) Cyclically Adjusted PB Ratio?

Eolus AB (publ) LTS:0R8F -0.77% 66 Cyclically Adjusted PB Ratio is 1.03 as of Sep. 16, 2026, which is 43% below its 10-year median of 1.82. GuruFocus rates LTS:0R8F with a GF Score™ of 66/100 and a GF Value™ of kr74.05 (Significantly Undervalued). The stock has 7 warning signs investors should review. Among 258 Utilities - Independent Power Producers companies, Eolus AB (publ) ranks better than 52.71% on this metric.

As of today (2026-09-16), Eolus AB (publ)'s current share price is kr51.40. Eolus AB (publ)'s Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was kr49.96. Eolus AB (publ)'s Cyclically Adjusted PB Ratio for today is 1.03.

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

LTS:0R8F' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.72   Med: 1.82   Max: 6.5
Current: 1.09

During the past years, Eolus AB (publ)'s highest Cyclically Adjusted PB Ratio was 6.50. The lowest was 0.72. And the median was 1.82.

LTS:0R8F's Cyclically Adjusted PB Ratio is ranked better than
52.71% of 258 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.17 vs LTS:0R8F: 1.09

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.

Eolus AB (publ)'s adjusted book value per share data for the three months ended in Jun. 2026 was kr54.322. 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 kr49.96 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Eolus AB (publ)  (LTS:0R8F) 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.


Eolus AB (publ) Cyclically Adjusted PB Ratio Related Terms


Eolus AB (publ) Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Eolus AB (publ)'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.

Eolus AB (publ) Cyclically Adjusted PB Ratio Chart

Eolus AB (publ) Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Eolus AB (publ) 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 1.15 0.88 0.88 0.71 0.88

Eolus AB (publ) Cyclically Adjusted PB Ratio Competitor Comparison

For the Utilities - Renewable subindustry, Eolus AB (publ)'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.


Eolus AB (publ) Cyclically Adjusted PB Ratio vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Eolus AB (publ)'s Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Eolus AB (publ)'s Cyclically Adjusted PB Ratio falls into.


LTS:0R8F
66GF Score
Eolus AB (publ) LTS:0R8F
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Eolus AB (publ) 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.

Eolus AB (publ)'s Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=51.40/49.955
=1.03

* 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.

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

For example, Eolus AB (publ)'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)
=54.322/134.6100*134.6100
=54.322

Current CPI (Jun. 2026) = 134.6100.

Eolus AB (publ) Quarterly Data

Book Value per Share CPI Adj_Book
201511 28.509 100.129 38.327
201602 27.584 100.253 37.037
201605 27.154 100.914 36.221
201608 26.947 100.968 35.925
201611 26.763 101.517 35.487
201702 26.135 102.037 34.478
201705 26.019 102.679 34.110
201708 26.479 103.138 34.559
201711 26.771 103.413 34.847
201802 26.712 103.678 34.682
201805 26.521 104.632 34.120
201808 32.759 105.197 41.918
201811 31.990 105.443 40.839
201902 32.039 105.641 40.825
201905 32.509 106.895 40.938
201908 35.727 106.716 45.066
201911 37.431 107.345 46.938
202002 38.746 106.742 48.862
202103 41.263 108.360 51.259
202106 39.101 108.928 48.320
202109 39.761 110.338 48.507
202112 50.749 112.486 60.730
202203 48.621 114.825 56.999
202206 40.190 118.384 45.699
202209 40.631 122.296 44.722
202212 41.916 126.365 44.651
202303 41.354 127.042 43.818
202306 58.457 129.407 60.808
202309 62.111 130.224 64.203
202312 63.396 131.912 64.693
202403 64.279 132.205 65.448
202406 59.943 132.716 60.798
202409 55.406 132.304 56.372
202412 70.151 132.987 71.007
202503 70.111 132.825 71.053
202506 67.821 133.699 68.283
202509 62.236 133.480 62.763
202512 48.858 133.380 49.309
202603 56.211 133.550 56.657
202606 54.322 134.610 54.322

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 1.03 mean?
Eolus AB (publ) (LTS:0R8F) has a Cyclically Adjusted PB Ratio of 1.03 as of Sep. 16, 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 Eolus AB (publ) and its competitors. This is 43% below median its historical median of 1.82. Over the past decade, Eolus AB (publ)'s Cyclically Adjusted PB Ratio has ranged from 0.72 to 6.50. According to the industry distribution chart, Eolus AB (publ) ranks #122 out of 258 companies in the Utilities - Independent Power Producers industry, placing it in the top 47.3%.
Is Eolus AB (publ)'s Cyclically Adjusted PB Ratio too high?
Eolus AB (publ)'s current Cyclically Adjusted PB Ratio of 1.03 is 43% below median its 10-year median of 1.82. Over the past 10 years, this metric has ranged from a low of 0.72 to a high of 6.50. The Utilities - Independent Power Producers industry median Cyclically Adjusted PB Ratio is 1.17. Eolus AB (publ)'s value of 1.03 is 12% below this industry median. Based on the distribution chart, Eolus AB (publ) ranks #122 out of 258 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Eolus AB (publ) has a GF Score™ of 66/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Eolus AB (publ)'s Cyclically Adjusted PB Ratio compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Eolus AB (publ) ranks #122 out of 258 companies for Cyclically Adjusted PB Ratio. This puts Eolus AB (publ) in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.17. Eolus AB (publ)'s value of 1.03 is 12% below this benchmark. Historically, Eolus AB (publ)'s own Cyclically Adjusted PB Ratio has ranged from 0.72 to 6.50 over the past decade. While the company's 10-year median is 1.82 vs. the industry median of 1.17, Eolus AB (publ) 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 an Utilities - Independent Power Producers company?
The median Cyclically Adjusted PB Ratio among Utilities - Independent Power Producers companies is 1.17, based on 258 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. Eolus AB (publ)'s current Cyclically Adjusted PB Ratio of 1.03 is 12% 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 Eolus AB (publ) and its competitors. For the Utilities - Independent Power Producers industry, the median Cyclically Adjusted PB Ratio is 1.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eolus AB (publ)'s current Cyclically Adjusted PB Ratio is 1.03, which is 43% below median its own 10-year median of 1.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eolus AB (publ) stock overvalued right now?
Based on GuruFocus' analysis, Eolus AB (publ) (LTS:0R8F) is currently considered Significantly Undervalued. The stock's GF Value™ is kr74.05, compared to a current price of kr51.40 — trading 30.6% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.03, which is 43% below median its 10-year median of 1.82 and 12% below the Utilities - Independent Power Producers industry median of 1.17. Eolus AB (publ)'s overall GF Score™ is 66/100 with 7 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 Eolus AB (publ) (LTS:0R8F), the current Cyclically Adjusted PB Ratio is 1.03 as of Sep. 16, 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 Eolus AB (publ) (LTS:0R8F) Overvalued in 2026?

Based on GuruFocus' analysis, Eolus AB (publ) stock appears to be undervalued. The current stock price of kr51.40 is trading 30.6% below its estimated GF Value™ of kr74.05. GuruFocus considers Eolus AB (publ) to be Significantly Undervalued.

Key valuation signals for LTS:0R8F:

  • Cyclically Adjusted PB Ratio: 1.03 (43% below median its 10-year median of 1.82)
  • GF Value™: kr74.05 vs. price of kr51.40 (30.6% below fair value)
  • GF Score™: 66/100 with 7 warning signs
  • Industry Position: 12% below the Utilities - Independent Power Producers median (#122 of 258)

No single metric tells the full story. See the LTS:0R8F stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Eolus AB (publ) Business Description

Other Exchanges EOLU B:Sweden7EVB:Germany
Address Tredje Avenyen 3, Box 95, Hassleholm, SWE, 281 21
Eolus AB (publ) is a developer of wind power in Sweden. It develops, realizes, and manages projects in wind power, solar power, and energy storage in several markets in Europe and the USA.
66GF Score

Get the complete analysis for LTS:0R8F

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

kr51.40
Price
kr74.05
GF Value