Vitec Software Group AB (LTS:0RDI) Cyclically Adjusted PB Ratio: 3.60 (As of Jul. 19, 2026) — 76% Below Median

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LTS:0RDI Vitec Software Group AB LTS:0RDI
75 GF Score
Price kr221.80
GF Value kr583.35
Valuation Possible Value Trap
! 4 Warning Signs
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What is Vitec Software Group AB Cyclically Adjusted PB Ratio?

Vitec Software Group AB LTS:0RDI -0.81% 75 Cyclically Adjusted PB Ratio is 3.60 as of Jul. 19, 2026, which is 76% below its 10-year median of 15.24. GuruFocus rates LTS:0RDI with a GF Score™ of 75/100 and a GF Value™ of kr583.35 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,595 Software companies, Vitec Software Group AB ranks worse than 67.27% on this metric.

As of today (2026-07-19), Vitec Software Group AB's current share price is kr221.80. Vitec Software Group AB's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was kr61.65. Vitec Software Group AB's Cyclically Adjusted PB Ratio for today is 3.60.

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

LTS:0RDI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.61   Med: 15.24   Max: 37.65
Current: 3.61

During the past years, Vitec Software Group AB's highest Cyclically Adjusted PB Ratio was 37.65. The lowest was 3.61. And the median was 15.24.

LTS:0RDI's Cyclically Adjusted PB Ratio is ranked worse than
67.27% of 1595 companies
in the Software industry
Industry Median: 2.26 vs LTS:0RDI: 3.61

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.

Vitec Software Group AB's adjusted book value per share data for the three months ended in Jun. 2026 was kr128.193. 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 kr61.65 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vitec Software Group AB  (LTS:0RDI) 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.


Vitec Software Group AB Cyclically Adjusted PB Ratio Related Terms


Vitec Software Group AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Vitec Software Group 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.

Vitec Software Group AB Cyclically Adjusted PB Ratio Chart

Vitec Software Group 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 33.30 16.65 16.87 12.13 5.54

Vitec Software Group 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 9.46 6.24 5.54 4.05 3.69

LTS:0RDI vs UBER, SHOP, CRM: Cyclically Adjusted PB Ratio Comparison

For the Software - Application subindustry, Vitec Software Group 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.


Vitec Software Group AB Cyclically Adjusted PB Ratio vs Software Industry

For the Software industry and Technology sector, Vitec Software Group AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


LTS:0RDI
75GF Score
Vitec Software Group AB LTS:0RDI
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vitec Software Group 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.

Vitec Software Group AB's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=221.80/61.65
=3.60

* 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.

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

For example, Vitec Software Group 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)
=128.193/134.1100*134.1100
=128.193

Current CPI (Jun. 2026) = 134.1100.

Vitec Software Group AB Quarterly Data

Book Value per Share CPI Adj_Book
201609 10.775 101.138 14.288
201612 11.369 102.022 14.945
201703 11.943 102.022 15.699
201706 11.611 102.752 15.154
201709 12.064 103.279 15.665
201712 13.344 103.793 17.242
201803 14.693 103.962 18.954
201806 14.506 104.875 18.550
201809 15.262 105.679 19.368
201812 20.707 105.912 26.220
201903 22.009 105.886 27.875
201906 21.536 106.742 27.058
201909 23.167 107.214 28.979
201912 23.315 107.766 29.015
202003 23.864 106.563 30.033
202006 24.149 107.498 30.127
202009 25.347 107.635 31.582
202012 25.733 108.296 31.867
202103 29.151 108.360 36.078
202106 28.693 108.928 35.326
202109 54.647 110.338 66.420
202112 56.757 112.486 67.668
202203 59.732 114.825 69.764
202206 60.175 118.384 68.169
202209 64.158 122.296 70.356
202212 85.986 126.365 91.256
202303 88.282 127.042 93.194
202306 93.391 129.407 96.785
202309 93.193 130.224 95.974
202312 90.788 131.912 92.301
202403 96.702 132.205 98.095
202406 95.252 132.716 96.252
202409 119.386 132.304 121.015
202412 123.512 132.987 124.555
202503 117.369 132.825 118.505
202506 119.547 133.699 119.915
202509 121.932 133.480 122.507
202512 122.078 133.390 122.737
202603 127.504 133.560 128.029
202606 128.193 134.110 128.193

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 3.60 mean?
Vitec Software Group AB (LTS:0RDI) has a Cyclically Adjusted PB Ratio of 3.60 as of Jul. 19, 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 Vitec Software Group AB and its competitors. This is 76% below median its historical median of 15.24. Over the past decade, Vitec Software Group AB's Cyclically Adjusted PB Ratio has ranged from 3.61 to 37.65. According to the industry distribution chart, Vitec Software Group AB ranks #1073 out of 1595 companies in the Software industry, placing it in the top 67.3%.
Is Vitec Software Group AB's Cyclically Adjusted PB Ratio too high?
Vitec Software Group AB's current Cyclically Adjusted PB Ratio of 3.60 is 76% below median its 10-year median of 15.24. Over the past 10 years, this metric has ranged from a low of 3.61 to a high of 37.65. The Software industry median Cyclically Adjusted PB Ratio is 2.26. Vitec Software Group AB's value of 3.60 is 59.3% above this industry median. Based on the distribution chart, Vitec Software Group AB ranks #1073 out of 1595 companies in the Software industry, which is below the industry midpoint. Overall, Vitec Software Group AB has a GF Score™ of 75/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Vitec Software Group AB's Cyclically Adjusted PB Ratio compare to UBER and SHOP?
According to the Software industry distribution chart, Vitec Software Group AB ranks #1073 out of 1595 companies for Cyclically Adjusted PB Ratio. This places Vitec Software Group AB in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.26. Vitec Software Group AB's value of 3.60 is 59.3% above this benchmark. Historically, Vitec Software Group AB's own Cyclically Adjusted PB Ratio has ranged from 3.61 to 37.65 over the past decade. While the company's 10-year median is 15.24 vs. the industry median of 2.26, Vitec Software Group 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 Software company?
The median Cyclically Adjusted PB Ratio among Software companies is 2.26, based on 1,595 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. Vitec Software Group AB's current Cyclically Adjusted PB Ratio of 3.60 is 59.3% 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 Vitec Software Group AB and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vitec Software Group AB's current Cyclically Adjusted PB Ratio is 3.60, which is 76% below median its own 10-year median of 15.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vitec Software Group AB stock overvalued right now?
Based on GuruFocus' analysis, Vitec Software Group AB (LTS:0RDI) is currently considered Possible Value Trap. The stock's GF Value™ is kr583.35, compared to a current price of kr221.80 — trading 62% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.60, which is 76% below median its 10-year median of 15.24 and 59.3% above the Software industry median of 2.26. Vitec Software Group AB's overall GF Score™ is 75/100 with 4 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 Vitec Software Group AB (LTS:0RDI), the current Cyclically Adjusted PB Ratio is 3.60 as of Jul. 19, 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 Vitec Software Group AB (LTS:0RDI) Overvalued in 2026?

Based on GuruFocus' analysis, Vitec Software Group AB stock appears to be undervalued. The current stock price of kr221.80 is trading 62% below its estimated GF Value™ of kr583.35. GuruFocus considers Vitec Software Group AB to be Possible Value Trap.

Key valuation signals for LTS:0RDI:

  • Cyclically Adjusted PB Ratio: 3.60 (76% below median its 10-year median of 15.24)
  • GF Value™: kr583.35 vs. price of kr221.80 (62% below fair value)
  • GF Score™: 75/100 with 4 warning signs
  • Industry Position: 59.3% above the Software median (#1073 of 1595)

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


Vitec Software Group AB Business Description

Address Tvistevagen 47A, Umea, SWE, 907 29
Vitec Software Group AB is a software company in Vertical Market Software in the Nordic region. The company provides software for the pharmacy market, automotive and machine industry, banks and insurance companies, healthcare companies, real estate agents, and the education sector. Its segments comprise Auto, Energy, Real Estate, Finance and insurance, Environment, Estate Agents, and Education and health.
75GF Score

Get the complete analysis for LTS:0RDI

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

kr221.80
Price
kr583.35
GF Value