Lehto Group Oyj (LTS:0RFZ) Cyclically Adjusted PB Ratio: 0.03 (As of Jul. 25, 2026) — 50% Above Median

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LTS:0RFZ Lehto Group Oyj LTS:0RFZ
8 GF Score
Price €0.02
GF Value €0.15
! 5 Warning Signs
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What is Lehto Group Oyj Cyclically Adjusted PB Ratio?

Lehto Group Oyj LTS:0RFZ 8 Cyclically Adjusted PB Ratio is 0.03 as of Jul. 25, 2026, which is 50% above its 10-year median of 0.02. GuruFocus rates LTS:0RFZ with a GF Score™ of 8/100 and a GF Value™ of €0.15. The stock has 5 warning signs investors should review.

As of today (2026-07-25), Lehto Group Oyj's current share price is €0.0165. Lehto Group Oyj's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was €0.66. Lehto Group Oyj's Cyclically Adjusted PB Ratio for today is 0.03.

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

LTS:0RFZ' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.02   Max: 0.22
Current: 0.03

During the past 13 years, Lehto Group Oyj's highest Cyclically Adjusted PB Ratio was 0.22. The lowest was 0.01. And the median was 0.02.

LTS:0RFZ's Cyclically Adjusted PB Ratio is not ranked
in the Real Estate industry.
Industry Median: 0.7 vs LTS:0RFZ: 0.03

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.

Lehto Group Oyj's adjusted book value per share data of for the fiscal year that ended in Dec25 was €-0.008. 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 €0.66 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lehto Group Oyj  (LTS:0RFZ) 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.


Lehto Group Oyj Cyclically Adjusted PB Ratio Related Terms


Lehto Group Oyj Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Lehto Group Oyj'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.

Lehto Group Oyj Cyclically Adjusted PB Ratio Chart

Lehto Group Oyj 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 0.00 0.13 0.01 0.02 0.03

Lehto Group Oyj Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.01 0.00 0.02 0.00 0.03

Lehto Group Oyj Cyclically Adjusted PB Ratio Competitor Comparison

For the Real Estate - Development subindustry, Lehto Group Oyj'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.


Lehto Group Oyj Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Lehto Group Oyj's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Lehto Group Oyj's Cyclically Adjusted PB Ratio falls into.


LTS:0RFZ
8GF Score
Lehto Group Oyj LTS:0RFZ
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Lehto Group Oyj 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.

Lehto Group Oyj's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.0165/0.66
=0.03

* 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.

Lehto Group Oyj's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Lehto Group Oyj's adjusted Book Value per Share data for the fiscal year that ended in Dec25 was:

Adj_Book=Book Value per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=-0.008/122.6700*122.6700
=-0.008

Current CPI (Dec25) = 122.6700.

Lehto Group Oyj Annual Data

Book Value per Share CPI Adj_Book
201612 1.637 101.020 1.988
201712 2.132 101.510 2.576
201812 2.297 102.710 2.743
201912 1.587 103.650 1.878
202012 1.420 103.890 1.677
202112 1.043 107.490 1.190
202212 0.762 117.320 0.797
202312 -0.142 121.540 -0.143
202412 0.011 122.390 0.011
202512 -0.008 122.670 -0.008

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 0.03 mean?
Lehto Group Oyj (LTS:0RFZ) has a Cyclically Adjusted PB Ratio of 0.03 as of Jul. 25, 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 Lehto Group Oyj and its competitors. This is 50% above median its historical median of 0.02. Over the past decade, Lehto Group Oyj's Cyclically Adjusted PB Ratio has ranged from 0.01 to 0.22.
Is Lehto Group Oyj's Cyclically Adjusted PB Ratio too high?
Lehto Group Oyj's current Cyclically Adjusted PB Ratio of 0.03 is 50% above median its 10-year median of 0.02. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.22. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.70. Lehto Group Oyj's value of 0.03 is 95.7% below this industry median. Overall, Lehto Group Oyj has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Lehto Group Oyj's Cyclically Adjusted PB Ratio compare to competitors?
Lehto Group Oyj's Cyclically Adjusted PB Ratio of 0.03 can be compared against companies in the Real Estate industry. The industry median Cyclically Adjusted PB Ratio is 0.70. Lehto Group Oyj's value of 0.03 is 95.7% below this benchmark. Historically, Lehto Group Oyj's own Cyclically Adjusted PB Ratio has ranged from 0.01 to 0.22 over the past decade. While the company's 10-year median is 0.02 vs. the industry median of 0.70, Lehto Group Oyj 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 Real Estate company?
The median Cyclically Adjusted PB Ratio among Real Estate companies is 0.70, based on 1,431 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. Lehto Group Oyj's current Cyclically Adjusted PB Ratio of 0.03 is 95.7% 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 Lehto Group Oyj and its competitors. For the Real Estate industry, the median Cyclically Adjusted PB Ratio is 0.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lehto Group Oyj's current Cyclically Adjusted PB Ratio is 0.03, which is 50% above median its own 10-year median of 0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lehto Group Oyj stock overvalued right now?
Lehto Group Oyj (LTS:0RFZ) has a current Cyclically Adjusted PB Ratio of 0.03. The stock's GF Value™ is €0.15, compared to a current price of €0.02 — trading 89% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.03, which is 50% above median its 10-year median of 0.02 and 95.7% below the Real Estate industry median of 0.70. Lehto Group Oyj's overall GF Score™ is 8/100 with 5 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 Lehto Group Oyj (LTS:0RFZ), the current Cyclically Adjusted PB Ratio is 0.03 as of Jul. 25, 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 Lehto Group Oyj (LTS:0RFZ) Overvalued in 2026?

Based on GuruFocus' analysis, Lehto Group Oyj stock appears to be undervalued. The current stock price of €0.02 is trading 89% below its estimated GF Value™ of €0.15.

Key valuation signals for LTS:0RFZ:

  • Cyclically Adjusted PB Ratio: 0.03 (50% above median its 10-year median of 0.02)
  • GF Value™: €0.15 vs. price of €0.02 (89% below fair value)
  • GF Score™: 8/100 with 5 warning signs
  • Industry Position: 95.7% below the Real Estate median

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


Lehto Group Oyj Business Description

Address Voimatie 6 B, Kempele, FIN, 90440
Lehto Group Oyj is a Finland-based company that, following restructuring, operates mainly in the energy construction business. The company focuses on the development and implementation of electricity storage projects and related energy solutions. The group currently has one operating segment, the energy construction business, and operates mainly in Finland.
8GF Score

Get the complete analysis for LTS:0RFZ

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

€0.02
Price
€0.15
GF Value