Investment AB Latour (LTS:0RQP) Cyclically Adjusted PB Ratio: 3.69 (As of Aug. 13, 2026) — 32% Below Median

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LTS:0RQP Investment AB Latour LTS:0RQP
82 GF Score
Price kr262.75
GF Value kr360.96
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Investment AB Latour Cyclically Adjusted PB Ratio?

Investment AB Latour LTS:0RQP 82 Cyclically Adjusted PB Ratio is 3.69 as of Aug. 13, 2026, which is 32% below its 10-year median of 5.46. GuruFocus rates LTS:0RQP with a GF Score™ of 82/100 and a GF Value™ of kr360.96 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 458 Conglomerates companies, Investment AB Latour ranks worse than 86.46% on this metric.

As of today (2026-08-13), Investment AB Latour's current share price is kr262.75. Investment AB Latour's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was kr71.30. Investment AB Latour's Cyclically Adjusted PB Ratio for today is 3.69.

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

LTS:0RQP' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.5   Med: 5.46   Max: 11.48
Current: 3.71

During the past years, Investment AB Latour's highest Cyclically Adjusted PB Ratio was 11.48. The lowest was 3.50. And the median was 5.46.

LTS:0RQP's Cyclically Adjusted PB Ratio is ranked worse than
86.46% of 458 companies
in the Conglomerates industry
Industry Median: 1.01 vs LTS:0RQP: 3.71

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.

Investment AB Latour's adjusted book value per share data for the three months ended in Mar. 2026 was kr66.971. 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 kr71.30 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Investment AB Latour  (LTS:0RQP) 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.


Investment AB Latour Cyclically Adjusted PB Ratio Related Terms


Investment AB Latour Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Investment AB Latour'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.

Investment AB Latour Cyclically Adjusted PB Ratio Chart

Investment AB Latour 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 11.31 4.91 5.72 5.49 4.19

Investment AB Latour 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 5.33 4.77 4.21 4.19 3.69

LTS:0RQP vs MMM, HON: Cyclically Adjusted PB Ratio Comparison

For the Conglomerates subindustry, Investment AB Latour'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.


Investment AB Latour Cyclically Adjusted PB Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Investment AB Latour's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Investment AB Latour's Cyclically Adjusted PB Ratio falls into.


LTS:0RQP
82GF Score
Investment AB Latour LTS:0RQP
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Investment AB Latour 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.

Investment AB Latour's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=262.75/71.30
=3.69

* 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.

Investment AB Latour's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Investment AB Latour's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=66.971/133.5600*133.5600
=66.971

Current CPI (Mar. 2026) = 133.5600.

Investment AB Latour Quarterly Data

Book Value per Share CPI Adj_Book
201606 27.268 101.019 36.052
201609 29.027 101.138 38.332
201612 31.872 102.022 41.725
201703 33.189 102.022 43.449
201706 30.308 102.752 39.395
201709 31.039 103.279 40.140
201712 31.690 103.793 40.779
201803 33.463 103.962 42.990
201806 32.347 104.875 41.195
201809 33.718 105.679 42.614
201812 34.059 105.912 42.950
201903 37.075 105.886 46.765
201906 37.506 106.742 46.929
201909 38.764 107.214 48.290
201912 40.686 107.766 50.424
202003 40.369 106.563 50.596
202006 43.614 107.498 54.188
202009 44.374 107.635 55.062
202012 45.461 108.296 56.067
202103 46.520 108.360 57.339
202106 46.141 108.928 56.575
202109 47.591 110.338 57.607
202112 49.354 112.486 58.600
202203 51.894 114.825 60.361
202206 51.096 118.384 57.646
202209 54.332 122.296 59.336
202212 58.164 126.365 61.476
202303 60.415 127.042 63.515
202306 59.988 129.407 61.913
202309 62.260 130.224 63.855
202312 63.888 131.912 64.686
202403 65.794 132.205 66.468
202406 65.968 132.716 66.388
202409 66.424 132.304 67.054
202412 68.245 132.987 68.539
202503 69.466 132.825 69.851
202506 64.900 133.699 64.833
202509 65.105 133.480 65.144
202512 66.669 133.390 66.754
202603 66.971 133.560 66.971

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 3.69 mean?
Investment AB Latour (LTS:0RQP) has a Cyclically Adjusted PB Ratio of 3.69 as of Aug. 13, 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 Investment AB Latour and its competitors. This is 32% below median its historical median of 5.46. Over the past decade, Investment AB Latour's Cyclically Adjusted PB Ratio has ranged from 3.50 to 11.48. According to the industry distribution chart, Investment AB Latour ranks #396 out of 458 companies in the Conglomerates industry, placing it in the top 86.5%.
Is Investment AB Latour's Cyclically Adjusted PB Ratio too high?
Investment AB Latour's current Cyclically Adjusted PB Ratio of 3.69 is 32% below median its 10-year median of 5.46. Over the past 10 years, this metric has ranged from a low of 3.50 to a high of 11.48. The Conglomerates industry median Cyclically Adjusted PB Ratio is 1.01. Investment AB Latour's value of 3.69 is 265.3% above this industry median. Based on the distribution chart, Investment AB Latour ranks #396 out of 458 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, Investment AB Latour has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Investment AB Latour's Cyclically Adjusted PB Ratio compare to MMM and HON?
According to the Conglomerates industry distribution chart, Investment AB Latour ranks #396 out of 458 companies for Cyclically Adjusted PB Ratio. This places Investment AB Latour in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.01. Investment AB Latour's value of 3.69 is 265.3% above this benchmark. Historically, Investment AB Latour's own Cyclically Adjusted PB Ratio has ranged from 3.50 to 11.48 over the past decade. While the company's 10-year median is 5.46 vs. the industry median of 1.01, Investment AB Latour 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 Conglomerates company?
The median Cyclically Adjusted PB Ratio among Conglomerates companies is 1.01, based on 458 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. Investment AB Latour's current Cyclically Adjusted PB Ratio of 3.69 is 265.3% 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 Investment AB Latour and its competitors. For the Conglomerates industry, the median Cyclically Adjusted PB Ratio is 1.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Investment AB Latour's current Cyclically Adjusted PB Ratio is 3.69, which is 32% below median its own 10-year median of 5.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Investment AB Latour stock overvalued right now?
Based on GuruFocus' analysis, Investment AB Latour (LTS:0RQP) is currently considered Modestly Undervalued. The stock's GF Value™ is kr360.96, compared to a current price of kr262.75 — trading 27.2% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.69, which is 32% below median its 10-year median of 5.46 and 265.3% above the Conglomerates industry median of 1.01. Investment AB Latour's overall GF Score™ is 82/100 with 2 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 Investment AB Latour (LTS:0RQP), the current Cyclically Adjusted PB Ratio is 3.69 as of Aug. 13, 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 Investment AB Latour (LTS:0RQP) Overvalued in 2026?

Based on GuruFocus' analysis, Investment AB Latour stock appears to be undervalued. The current stock price of kr262.75 is trading 27.2% below its estimated GF Value™ of kr360.96. GuruFocus considers Investment AB Latour to be Modestly Undervalued.

Key valuation signals for LTS:0RQP:

  • Cyclically Adjusted PB Ratio: 3.69 (32% below median its 10-year median of 5.46)
  • GF Value™: kr360.96 vs. price of kr262.75 (27.2% below fair value)
  • GF Score™: 82/100 with 2 warning signs
  • Industry Position: 265.3% above the Conglomerates median (#396 of 458)

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


Investment AB Latour Business Description

Address J A Wettergrens Gata 7, P.O. Box 336, Gothenburg, SWE, 401 25
Investment AB Latour is an investment holding company that makes investments in wholly owned industrial operations and a portfolio of securities. Latour has a long-term and activist orientation, with the vast majority of its total net asset value deriving from companies that have been in its portfolio for more than 20 years. The company measures its performance against its benchmark, the Stockholm Stock Exchange's total return index. Its criterion is to invest in companies that have their own products that meet growing international demand. Latour specifically evaluates four trends: demographic development, sustainability, globalization, and competition for limited resources.
82GF Score

Get the complete analysis for LTS:0RQP

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

kr262.75
Price
kr360.96
GF Value