Indel B SpA (LTS:0RPH) Cyclically Adjusted PB Ratio: (As of Sep. 20, 2026)

Author: Vera Yuan Vera Yuan
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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.
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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:0RPH Indel B SpA LTS:0RPH
78 GF Score
Price €22.00
GF Value €25.84
! 6 Warning Signs
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What is Indel B SpA Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Indel B SpA  (LTS:0RPH) 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.


Indel B SpA Cyclically Adjusted PB Ratio Related Terms


Indel B SpA Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Indel B SpA'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.

Indel B SpA Cyclically Adjusted PB Ratio Chart

Indel B SpA 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 - - 1.52 1.24 1.11

Indel B SpA Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 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 1.51 1.24 1.22 1.10 1.05

LTS:0RPH vs ORLY, AZO, GPC: Cyclically Adjusted PB Ratio Comparison

For the Auto Parts subindustry, Indel B SpA'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.


Indel B SpA Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Indel B SpA's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Indel B SpA's Cyclically Adjusted PB Ratio falls into.


LTS:0RPH
78GF Score
Indel B SpA LTS:0RPH
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Indel B SpA 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.

Indel B SpA's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Indel B SpA'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)
=26.621/122.6000*122.6000
=26.621

Current CPI (Dec25) = 122.6000.

Indel B SpA Annual Data

Book Value per Share CPI Adj_Book
201612 7.799 100.300 9.533
201712 12.761 101.200 15.459
201812 13.842 102.300 16.589
201912 15.758 102.800 18.793
202012 16.218 102.600 19.379
202112 20.012 106.600 23.016
202212 21.479 119.000 22.129
202312 22.611 119.700 23.159
202412 23.610 121.200 23.883
202512 26.621 122.600 26.621

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.

Is Indel B SpA (LTS:0RPH) Overvalued in 2026?

Based on GuruFocus' analysis, Indel B SpA stock appears to be undervalued. The current stock price of €22.00 is trading 14.9% below its estimated GF Value™ of €25.84.

Key valuation signals for LTS:0RPH:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €25.84 vs. price of €22.00 (14.9% below fair value)
  • GF Score™: 78/100 with 6 warning signs

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


Indel B SpA Business Description

Other Exchanges INDB:Italy2I6:Germany
Address Via Sarsinate, 27, Sant Agata Feltria, Rimini, ITA, 47866
Indel B SpA manufactures and sells mobile, refrigerators and cooling systems. The company offers fridges and parking air coolers for cars, off-road vehicles, motor homes/caravans, commercial vehicles, minibusses, luxury coaches, and ambulances; and hotel minibars, electronic safes, lock systems, hairdryers, LED lighting products, and LED televisions.
78GF Score

Get the complete analysis for LTS:0RPH

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

€22.00
Price
€25.84
GF Value