Tokmanni Group (LTS:0RG2) Cyclically Adjusted PB Ratio: 1.72 (As of Jul. 19, 2026) — 60% Below Median

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LTS:0RG2 Tokmanni Group Corp LTS:0RG2
65 GF Score
Price €7.14
GF Value €13.44
Valuation Significantly Undervalued
! 7 Warning Signs
View Full Analysis

What is Tokmanni Group Cyclically Adjusted PB Ratio?

Tokmanni Group LTS:0RG2 -0.66% 65 Cyclically Adjusted PB Ratio is 1.72 as of Jul. 19, 2026, which is 60% below its 10-year median of 4.34. GuruFocus rates LTS:0RG2 with a GF Score™ of 65/100 and a GF Value™ of €13.44 (Significantly Undervalued). The stock has 7 warning signs investors should review. Among 234 Retail - Defensive companies, Tokmanni Group ranks worse than 55.13% on this metric.

As of today (2026-07-19), Tokmanni Group's current share price is €7.135. Tokmanni Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was €4.14. Tokmanni Group's Cyclically Adjusted PB Ratio for today is 1.72.

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

LTS:0RG2' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.68   Med: 4.34   Max: 8.69
Current: 1.73

During the past 13 years, Tokmanni Group's highest Cyclically Adjusted PB Ratio was 8.69. The lowest was 1.68. And the median was 4.34.

LTS:0RG2's Cyclically Adjusted PB Ratio is ranked worse than
55.13% of 234 companies
in the Retail - Defensive industry
Industry Median: 1.62 vs LTS:0RG2: 1.73

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.

Tokmanni Group's adjusted book value per share data of for the fiscal year that ended in Dec25 was €4.885. 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 €4.14 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tokmanni Group  (LTS:0RG2) 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.


Tokmanni Group Cyclically Adjusted PB Ratio Related Terms


Tokmanni Group Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Tokmanni Group'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.

Tokmanni Group Cyclically Adjusted PB Ratio Chart

Tokmanni Group 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 8.70 3.91 4.31 3.21 1.87

Tokmanni Group 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 0.00 0.00 0.00 1.87 0.00

LTS:0RG2 vs WMT, COST, TGT: Cyclically Adjusted PB Ratio Comparison

For the Discount Stores subindustry, Tokmanni Group'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.


Tokmanni Group Cyclically Adjusted PB Ratio vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Tokmanni Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


LTS:0RG2
65GF Score
Tokmanni Group Corp LTS:0RG2
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tokmanni Group 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=7.135/4.14
=1.72

* 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.

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

For example, Tokmanni Group'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)
=4.885/122.6700*122.6700
=4.885

Current CPI (Dec25) = 122.6700.

Tokmanni Group Annual Data

Book Value per Share CPI Adj_Book
201612 2.830 101.020 3.437
201712 2.767 101.510 3.344
201812 2.965 102.710 3.541
201912 3.099 103.650 3.668
202012 3.682 103.890 4.348
202112 4.161 107.490 4.749
202212 4.199 117.320 4.390
202312 4.512 121.540 4.554
202412 4.470 122.390 4.480
202512 4.885 122.670 4.885

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 1.72 mean?
Tokmanni Group (LTS:0RG2) has a Cyclically Adjusted PB Ratio of 1.72 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 Tokmanni Group and its competitors. This is 60% below median its historical median of 4.34. Over the past decade, Tokmanni Group's Cyclically Adjusted PB Ratio has ranged from 1.68 to 8.69. According to the industry distribution chart, Tokmanni Group ranks #129 out of 234 companies in the Retail - Defensive industry, placing it in the top 55.1%.
Is Tokmanni Group's Cyclically Adjusted PB Ratio too high?
Tokmanni Group's current Cyclically Adjusted PB Ratio of 1.72 is 60% below median its 10-year median of 4.34. Over the past 10 years, this metric has ranged from a low of 1.68 to a high of 8.69. The Retail - Defensive industry median Cyclically Adjusted PB Ratio is 1.62. Tokmanni Group's value of 1.72 is 6.2% above this industry median. Based on the distribution chart, Tokmanni Group ranks #129 out of 234 companies in the Retail - Defensive industry, which is below the industry midpoint. Overall, Tokmanni Group has a GF Score™ of 65/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tokmanni Group's Cyclically Adjusted PB Ratio compare to WMT and COST?
According to the Retail - Defensive industry distribution chart, Tokmanni Group ranks #129 out of 234 companies for Cyclically Adjusted PB Ratio. This places Tokmanni Group in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.62. Tokmanni Group's value of 1.72 is 6.2% above this benchmark. Historically, Tokmanni Group's own Cyclically Adjusted PB Ratio has ranged from 1.68 to 8.69 over the past decade. While the company's 10-year median is 4.34 vs. the industry median of 1.62, Tokmanni Group 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 Retail - Defensive company?
The median Cyclically Adjusted PB Ratio among Retail - Defensive companies is 1.62, based on 234 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. Tokmanni Group's current Cyclically Adjusted PB Ratio of 1.72 is 6.2% 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 Tokmanni Group and its competitors. For the Retail - Defensive industry, the median Cyclically Adjusted PB Ratio is 1.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tokmanni Group's current Cyclically Adjusted PB Ratio is 1.72, which is 60% below median its own 10-year median of 4.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokmanni Group stock overvalued right now?
Based on GuruFocus' analysis, Tokmanni Group (LTS:0RG2) is currently considered Significantly Undervalued. The stock's GF Value™ is €13.44, compared to a current price of €7.14 — trading 46.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.72, which is 60% below median its 10-year median of 4.34 and 6.2% above the Retail - Defensive industry median of 1.62. Tokmanni Group's overall GF Score™ is 65/100 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 Tokmanni Group (LTS:0RG2), the current Cyclically Adjusted PB Ratio is 1.72 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 Tokmanni Group (LTS:0RG2) Overvalued in 2026?

Based on GuruFocus' analysis, Tokmanni Group stock appears to be undervalued. The current stock price of €7.14 is trading 46.9% below its estimated GF Value™ of €13.44. GuruFocus considers Tokmanni Group to be Significantly Undervalued.

Key valuation signals for LTS:0RG2:

  • Cyclically Adjusted PB Ratio: 1.72 (60% below median its 10-year median of 4.34)
  • GF Value™: €13.44 vs. price of €7.14 (46.9% below fair value)
  • GF Score™: 65/100 with 7 warning signs
  • Industry Position: 6.2% above the Retail - Defensive median (#129 of 234)

No single metric tells the full story. See the LTS:0RG2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tokmanni Group Business Description

Address Isolammintie 1, Mantsala, FIN, 04600
Tokmanni Group Corp is a variety discount retailer operating in Finland, Sweden, and Denmark, offering affordable prices, a diverse product range, and integrated online and store networks. Its revenue is derived from grocery products such as food, beverages, household paper, cleaning products, and cosmetics, and non-grocery products including apparel, home and living, garden, and leisure items. The Group consists of the Tokmanni and Dollarstore segments, where the Tokmanni segment generates maximum revenue and includes Tokmanni, Click Shoes, and Shoe House stores and online platforms, while the Dollarstore segment includes Dollarstore and Big Dollar stores. Finland generates the majority of its revenue.
65GF Score

Get the complete analysis for LTS:0RG2

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

€7.14
Price
€13.44
GF Value